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5i Report
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B

Review of Magellan Aerospace

FEB 06, 2024 - MAL is a Canadian niche player that engineers and manufactures aerospace engines and components for the aerospace market. MAL is in a recovery phase after being down precipitously in terms of business volume from the pandemic. Given the uncertain prospects, we are downgrading our rating by one notch to ‘B’.

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Q: I have noticed MAL stock price moving upward a bit. I am seeing a $16 price target. I've been waiting patiently for this stock to recover so I can sell it, since it cut it's dividend. What is your 6-12 month outlook on it? I bought it just under $10 - would you continue to wait until I can realize my price, even make a small profit or sell? Thanks so much.
Read Answer Asked by Pat on July 26, 2024
Q: I'm thinking of replacing my MAL shares with MDA for about a 2 to 2.5% position . { MAL is currently 1% so it would be a position size increase but still on the small side } ..... I notice the market cap of MDA is three times the size of MAL as well ..... It looks to me like MAL is a recovery play and MDA is a growth play. Could 5i give me a brief outlook on the short term and long term prospects of both and your preference between the two companies ? And whether a term I often see 5i use is applicable here ? The term is " We do not see it as need to own " ...... Thankyou for your terrific service .....
Read Answer Asked by Garth on July 10, 2024
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