Would You Buy Leica Stock?
- Thread starter barjohn
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Tuolumne
Veteran
I don't know anything about the Leica company that is publicly listed. So, no, I wouldn't buy its stock. I would buy the camera stock of the Leica Camera Company, but wouldn't touch its paper stock, although it is not available.
/T
/T
Tom Niblick
Well-known
Yep, and Pfizer, Verizon, Chevron, DuPont, Alcoa and a host of others at rock bottom prices. We may never see this opportunity again. Too bad I don't have more spare change.
Tom
http://www.kauaisprintmaker.com
sienarot
Well-known
No, because it's overpriced, when stock in Zeiss and Cosina can do just as well. It would give my portfolio that bit of glow though 😛
gdi
Veteran
I assure you I know what a split is - can you reference where you see that the stock has split since August?
I did look at the adjusted prices (seeing that you had read that footnote at the bottom of the page) and the link indicated no dividend! Then I went back to the same link and it did show a dividend in September - the site seems whacked.
What happened since the dividend was paid? It looks like a drop from 17 down below 9.
P. Lynn Miller
Well-known
I would strongly consider buying Leica stock, while it is cheap. The person that owns Leica is a business genius and has some very interesting plans up his sleeves. Some that will shock the photographic world when they come to pass and there is not shortage of money at Leica at the moment...
All I will say is that Schneider and Zeiss are both in the line of fire... you did not hear from me.
All I will say is that Schneider and Zeiss are both in the line of fire... you did not hear from me.
L
Leicame
Guest
I see in my newly arrived catalog that the M8.2 costs SEVEN THOUSAND THREE HUNDRED AND NINETY NINE DOLLARS,the 16-18-21 lens is SIX THOUSAND NINE HUNDRED AND NINETY NINE DOLLARS.. i ain't buying Leica stock.
Fred Burton
Well-known
Well, yeah, but it's the greatest camera in the world, right?
L
Leicame
Guest
Not even close.For 1.2 k it would be considered an average camera at best with it's many problems,for the way overpriced price it makes people think it must be the greatest camera in the world,it's not anywhere near the quality of any M film camera period.
Rob-F
Likes Leicas
A P/E of 36 doesn't sound so bad to me. I remember when people were buying Home Depot with a P/e OF 60. I would look more at the upside potential.
Well, they still had enough money to fly to Kentucky for the annual meeting. I had a brief conversation with Herr Kaufmann in the elevator, and a longer one with Stefan Daniel. They didn't seem worried!
Well, they still had enough money to fly to Kentucky for the annual meeting. I had a brief conversation with Herr Kaufmann in the elevator, and a longer one with Stefan Daniel. They didn't seem worried!
barjohn
Established
Do you really think that if they were worried they would share that with you? Maybe you buy at P/E of 36 or 60 but not me. I like keeping my money rather than giving it away. You would get better odds and return in Vegas and have more fun losing your money there. Plus you will help the Vegas economy.
P. Lynn Miller
Well-known
Leica is an exceptional position that few other companies are. They are owned by a passionate fan of their products that has vast sums of capital at his disposal. As long as Dr. Kaufmann retains controlling interest there is no concern about Leica's future.
It will be interesting to watch as other photographic and optical firms begin to feel the economic crunch and become prime candidates to be bought at a discount.
It will be interesting to watch as other photographic and optical firms begin to feel the economic crunch and become prime candidates to be bought at a discount.
sol33
Established
You don't have to. Kaufmann already holds 97% of the shares and he seems to be quite committed to his investment in Leica.
Do you think that the stock-market price of a company indicates the quality of it's products? I certainly don't think so. Just remember the peak of Volkswagen stocks a few weeks ago. Did you go and sell your BMW (or whatever) to buy a VW Beetle because of this? Your argument just doesn't make sense.
Disclaimer: I have nothing against Beetles. I have been driving VW cars for many years.
shenkerian
Established
When you're trying to be condescending, try not to embarrass yourself. Here's a chart of Nikon Corp's closing prices.
jaapv
RFF Sponsoring Member.
Ummm... How would one go about buying Leica stock??? 98% is owned by Dr. Kaufmann, and he is not selling, 2% is owned by diehards who adamantly refuse to sell....
icebear
Veteran
I bought my equipement to take pictures, I can't take pictures with stocks - so it's pretty easy to figure out my answer 😀.
dazedgonebye
Veteran
I'd buy one share...and a nice frame.
Gabriel M.A.
My Red Dot Glows For You
Chrome, titanium, black paint, or goose skin?
Roger Hicks
Veteran
Bill Blackwell
Leica M Shooter
Even though the Leica name will most likely be with us for quite some time to come - in one form or another - their stock would be (and has been) a very high risk investment. Their continued losses over the last several years have been disturbing. It was only due to the M8 the company made a meager profit for the last fiscal year - and that cow has been milked dry. I have been surprised time after time, when I thought Leica was done, someone came to the table and bailed them out. They have been in this situation many times since the mid 1970s.
In any case, the question is moot since Kaufmann is privatizing the company.
In any case, the question is moot since Kaufmann is privatizing the company.
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