Q: Hello 5i team,
The MG price has gone below my entry price and I was thinking of adding to it. The stock has not moved very much in light of the tariff threat. Since this is probably already priced in, I was wondering how much business MG does in the states? If I recall MG's sales are mostly global. The price not moving much, tells me that the US portion of MG is not that material.
Are you still comfortable adding at these prices or is MG more of a hold until the dust settles?
Thank You,
Andrew
The MG price has gone below my entry price and I was thinking of adding to it. The stock has not moved very much in light of the tariff threat. Since this is probably already priced in, I was wondering how much business MG does in the states? If I recall MG's sales are mostly global. The price not moving much, tells me that the US portion of MG is not that material.
Are you still comfortable adding at these prices or is MG more of a hold until the dust settles?
Thank You,
Andrew
5i Research Answer:
MG breaks down its regions and uses 'North America' as one category. This is about half of...