Bond Roberts Q3 2020 Market Report

[TheGipper]

A little late, but finally got time to sum things up for second quarter.  Lots included for this report are all auctions with last bid between July 1, 2020 through September 30, 2020.  Lots with no bids are excluded.

Same caveats apply from Q2 report, which you can read here:

https://www.friendsofhabanos.com/forum/topic/145575-bond-roberts-q2-2020-market-report/

Report content to follow.

[TheGipper]

Overall Returns	Annualized	Lot Count
All Auctions Equal-Weight	12.25%	545
All Auctions Dollar-Weight  [see Note 1]	12.79%	545
Note 1: Dollar weighted returns are a better measure of portfolio performance by dollar invested.  Equal weight represent return per lot (box), and are suggestive of a lower bound for returns on low-priced boxes.   Category Returns (Equal Weight) Annualized Lot Count Regular Production 14.11% 269 Special Production (Non-EL) 10.42% 43 Discontinued 12.33% 68 Regional Editions  [see Note 2] 11.89% 96 Edicion Limitadas 12.64% 69 Note 2: Regional Edition returns are lower due to cost-to-acquire assumptions included in our baseline pricing database.  Returns will be higher for boxes acquired at in-country typical prices.   Marcas Annualized Lot Count Bolivar 13.01% 38 Cohiba 15.31% 65 Cohiba (Regular Production, ex Behike) 14.02% 43 Cohiba (Behike Only) 26.94% 4 Diplomaticos 15.02% 14 El Rey del Mundo 7.14% 13 H. Upmann 13.07% 58 Hoyo de Monterrey 13.33% 30 La Gloria Cubana 25.34% 9 Montecristo 11.59% 46 Por Larranaga 14.36% 35 Punch 9.95% 23 Quai d'Orsay 19.42% 6 Rafael Gonzalez 7.07% 4 Ramon Allones 12.91% 36 Romeo y Julieta 10.29% 23 Saint Luis Rey 12.07% 15 San Cristobal de la Habana 8.88% 8 Sancho Panza 6.36% 8 Trinidad 12.14% 13 Vegas Robaina 7.77% 9   Production Year Annualized Lot Count Pre-2000 6.71% 13 2000 6.14% 5 2001 8.01% 10 2002 8.99% 10 2003 8.14% 12 2004 10.55% 8 2005 10.89% 14 2006 10.20% 21 2007 8.42% 29 2008 9.33% 38 2009 9.52% 22 2010 13.06% 26 2011 12.95% 26 2012 12.72% 36 2013 12.49% 30 2014 16.17% 54 2015 15.64% 62 2016 16.89% 79 2017 15.10% 29   Original Purchase Price (estimated) Annualized Lot Count $100 and under 16.58% 37 $100 to $250 12.78% 338 $250 to $500 12.97% 133 $500 to $1000 10.32% 28 $1000 and higher 22.19% 9   Box Quantity Annualized Lot Count 5 9.67% 4 10 13.85% 175 15 13.88% 9 20 9.66% 6 25 12.53% 297 50 16.34% 29

[RDB]

You lovely lunatic. Go data geeks!

My two takeaways from this are a) Cuba should start making LGC again, and b) whilst it’s the top end that sees the biggest gains, good reg prod does well here too.

[mprach024]

This is fascinating!  Where’s Partagas?

[El Presidente]

Go regular production Go!!!!!!   

 

Nice work TG  

 

 

[TheGipper]

9 minutes ago, mprach024 said:

This is fascinating!  Where’s Partagas?

Well, what happened there?  Good catch.  Corrected table below.

Marcas	Annualized	Lot Count
Bolivar	13.01%	38
Cohiba	15.31%	65
Cohiba (Regular Production, ex Behike)	14.02%	43
Cohiba (Behike Only)	26.94%	4
Diplomaticos	15.02%	14
El Rey del Mundo	7.14%	13
H. Upmann	13.07%	58
Hoyo de Monterrey	13.33%	30
La Gloria Cubana	25.34%	9
Montecristo	11.59%	46
Partagas	15.45%	59
Por Larranaga	14.36%	35
Punch	9.95%	23
Quai d'Orsay	19.42%	6
Rafael Gonzalez	7.07%	4
Ramon Allones	12.91%	36
Romeo y Julieta	10.29%	23
Saint Luis Rey	12.07%	15
San Cristobal de la Habana	8.88%	8
Sancho Panza	6.36%	8
Trinidad	12.14%	13
Vegas Robaina	7.77%	9

 

[mprach024]

Awesome work