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The Value Play Hiding Behind a 300-Year-Old Luxury Brand

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Manage episode 489512340 series 3319824
Content provided by Greg Denewiler. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Greg Denewiler or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

More on dividend growth investing -> Join our market newsletter!

The argument has long been made that venturing beyond America’s borders will offer investors higher yields. Many foreign companies do pay attractive dividends, but they lack consistency and predictable growth—factors that have kept us from investing overseas.

But in this episode, we break the mold and head to the vineyards of France. Greg explores the under-the-radar story of Rémy Cointreau ($REMYY), the cognac maker behind the iconic Rémy Martin brand. What makes this story remarkable isn’t just the 3% dividend yield or the potential for earnings to normalize. It’s the value hiding in plain sight: aging inventory that becomes more valuable with time. With a wide moat and one of the most unique inventory structures we’ve seen, Rémy stands out as a compelling value play with rare downside protection. Markets are mostly efficient—but every now and then, a story slips through the cracks.

Topics Covered:

01:46 Exploring Foreign Dividend Opportunities

02:40 Discovering Remy: A Value Play

03:31 A First Look at Rémy’s Dividend and Valuation

06:01 Performance History and the Power of Modest Growth

08:11 Understanding the Cognac Market

11:29 How Cognac Is Made and Why It Matters

16:07 What Is Wrong with Remy?

18:38 Cash Flow, EBIT History, and Financial Strength

22:28 The Inventory Advantage

25:18 Future Growth Potential and Valuation Scenarios

27:49 Three Catalysts for Re-Rating

33:32 Final Thoughts and Takeaways

Send us a text

If you enjoy the show, we'd greatly appreciate it if you subscribe and leave a review

RESOURCES:

Schedule a meeting with us -> Financial Planning & Portfolio Management

Getting into the weeds -> DCM Investment Reports & Models

Visit our website to learn more about our investment strategy and wealth management services.

Follow us on:
Instagram | Facebook | LinkedIn | X

  continue reading

52 episodes

Artwork
iconShare
 
Manage episode 489512340 series 3319824
Content provided by Greg Denewiler. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Greg Denewiler or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

More on dividend growth investing -> Join our market newsletter!

The argument has long been made that venturing beyond America’s borders will offer investors higher yields. Many foreign companies do pay attractive dividends, but they lack consistency and predictable growth—factors that have kept us from investing overseas.

But in this episode, we break the mold and head to the vineyards of France. Greg explores the under-the-radar story of Rémy Cointreau ($REMYY), the cognac maker behind the iconic Rémy Martin brand. What makes this story remarkable isn’t just the 3% dividend yield or the potential for earnings to normalize. It’s the value hiding in plain sight: aging inventory that becomes more valuable with time. With a wide moat and one of the most unique inventory structures we’ve seen, Rémy stands out as a compelling value play with rare downside protection. Markets are mostly efficient—but every now and then, a story slips through the cracks.

Topics Covered:

01:46 Exploring Foreign Dividend Opportunities

02:40 Discovering Remy: A Value Play

03:31 A First Look at Rémy’s Dividend and Valuation

06:01 Performance History and the Power of Modest Growth

08:11 Understanding the Cognac Market

11:29 How Cognac Is Made and Why It Matters

16:07 What Is Wrong with Remy?

18:38 Cash Flow, EBIT History, and Financial Strength

22:28 The Inventory Advantage

25:18 Future Growth Potential and Valuation Scenarios

27:49 Three Catalysts for Re-Rating

33:32 Final Thoughts and Takeaways

Send us a text

If you enjoy the show, we'd greatly appreciate it if you subscribe and leave a review

RESOURCES:

Schedule a meeting with us -> Financial Planning & Portfolio Management

Getting into the weeds -> DCM Investment Reports & Models

Visit our website to learn more about our investment strategy and wealth management services.

Follow us on:
Instagram | Facebook | LinkedIn | X

  continue reading

52 episodes

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