Q: Magna is down quite a lot today. Is it a good entry point?
Is it still a good mid term buy?
Is it still a good mid term buy?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Hi, Magna's results looks like a slight beat on EPS and Sales, despite FX impact of strong USD. Could you please comment on the quarterly earnings release and 2015 outlook? Thanks
Q: Hi, Magna's recent acquisition in Germany has received praise from most analysts. However, stock price appears to languish and trade even below the level stock was trading before this announcement ($72).There was also huge volatility/trading, on first two days after this news ( high of $74.50 and low of $68.50).I started a position in Magna recently and would appreciate your comments. Thanks
Q: Hi Team,
Could you provide your view on todays news from Magna?
Also, I was considering selling my Shawcor, (SCL) to add to my MG position. Which company do you think will do better over the next 2-3 years going forward?
Could you provide your view on todays news from Magna?
Also, I was considering selling my Shawcor, (SCL) to add to my MG position. Which company do you think will do better over the next 2-3 years going forward?
Q: Hi Peter and Team,
I have held Magna for over 2 years now and have a pretty sizable paper gain. Just wondering what my exit strategy should be for Magna. Thanks.
HS
I have held Magna for over 2 years now and have a pretty sizable paper gain. Just wondering what my exit strategy should be for Magna. Thanks.
HS
Q: Quite the reversal in MG today. Did something come up regarding the acquisition or do you see this as profit taking? Thank-you.
Q: Would you please give me your favourite 3 (non energy) buys today from each of the Model and Growth portfolios?
Thank you. Cathy
Thank you. Cathy
Q: Good Morning Peter, Team
Is MG [Industrial sector] Large, Mid or Small Cap? Thank you. sarah
Is MG [Industrial sector] Large, Mid or Small Cap? Thank you. sarah
Q: Hi - can you please provide your comments re Cdn auto parts sector? Both these stocks have pulled back slightly and I'm wondering about taking a position. If either, would you prefer LNR or MG? Others?
Thank you as always
Thank you as always
Q: I am a little confused on the ACB Share Price for Magna in your recent report on the Balanced Portfolio. It states a price of $55.72 with a total return of 9.1%. I was wondering if the stock split has been factored in to this assessment. Please keep up the excellent work.
Q: What's happening with Magna? The stock has been in steady day-by-day decline for the past 2 weeks and lost 10%. I am surprised that the sale of interiors unit has such effect on the stock... US economy is booming and people are buying new cars, I'd expect MG to do well in such environment...? Is your rating/views of MG still unchanged since your report 2 months ago?
Q: Hello Peter & Team,
Have noticed both are off recently - MRE about 9% in a month & MG about 10% in the past couple of weeks.
Also noticed Auto sales have been reporting a little weaker than expected domestically but while internationally has been a little more promising.
Do you think this is the reason? or is there something else at work here driving these down? I got out of MG shortly after the split but still hold MRE at just under $10. Would you recommend I hold tight or take my profit - it's May so go away?
Thanks for all you do
Gord
Have noticed both are off recently - MRE about 9% in a month & MG about 10% in the past couple of weeks.
Also noticed Auto sales have been reporting a little weaker than expected domestically but while internationally has been a little more promising.
Do you think this is the reason? or is there something else at work here driving these down? I got out of MG shortly after the split but still hold MRE at just under $10. Would you recommend I hold tight or take my profit - it's May so go away?
Thanks for all you do
Gord
Q: Is Magna or Linamar the better buy? I have no sector exposure at present and a long-term horizon. Thanks!
Q: Response to Magna selling some of the company has resulted in a negative market reaction. Could you please provide your outlook going forward. I believe you gave this company a B+ in your report.
Q: 5i
Recently Magna had a 2 for 1 stock split .
Could you tell me when that happened and what was the actual pre and post stock split prices ?
Thanks
Bill C.
Recently Magna had a 2 for 1 stock split .
Could you tell me when that happened and what was the actual pre and post stock split prices ?
Thanks
Bill C.
Q: I was wondering if it was time to take profits in Magna or Linamar or both?
Thank you for your help.
Thank you for your help.
Q: Hi Peter, read your article on March break strategies in FP. I will be spending April in Europe. YTD I did very well with some Canadian companies such as AC, VRX, Magna, but especially in the US biotech sector. What should I do? Go to cash? Put in stop-loss orders? Or just monitor the market from Italy - I can trade over the internet, of course.Thanks for your advice.
Q: Magna's announcement of a 2 for 1 stock split, indicated that the 2 for 1 stock split would be implemented by way of a stock dividend. I understand the concept of a 2 for 1 stock split, but what does implemented by way of a stock dividend mean. Thanks for you explanation.
Q: Today Magna will split stock price 2 for 1 and raise dividend. Also project lower profit for 2015. Would this be a good entry at today's price for 3 to 5 years? thanks
Q: Hi Peter & Team.
I've made a reasonable return on Magna since picking it up on the pull back in October. I've heard a couple of analysts comment that they think the stock is at it's top. I'm ready to hit the sell button but would appreciate your thoughts. Thx Scott
I've made a reasonable return on Magna since picking it up on the pull back in October. I've heard a couple of analysts comment that they think the stock is at it's top. I'm ready to hit the sell button but would appreciate your thoughts. Thx Scott