Q: I have held BBD-B for a long time and I am finally breaking even. Is now a good time to sell? If so, could you suggest another manufacturer that you like?
It seems like they are trying to mitigate any downside risk by creating a support level for their share price (ie. buy it back if they value gets too cheap), is that the gist of it?
I have been debating Magna vs. Martinrea for a couple of months now. Magna seems safer but due for a small correction, Martinrea seems to have more upside potential, what would you buy today and what would you estimate for a holding period? My profile = not afraid of riskier plays if the appreciation potential justifies the additional risk, I can hold a stock for 12 months to 12 years, thanks team!
Q: Magna: I know you are not a trader, but as oil increases (and understanding the recent run up in Magna's price) would you take some profit and see if there was a pullback and re enter?
Q: Hi Peter, I would like to increase my exposure to the auto sector. Would you choose MG or MRE, which I own, or another one? Is now a good time to invest in these companies?
Q: Hi Peter and team. We're really liking your advise.
We are up nicely on Magna [MG], and we're tempted to take a profit. In your opinion do you think Magna has more room to go up. We understand the car sales in Europe were down last month. Will this have an impact on profits.
Thanks again
Q: Good Evening 5i
I have had a nice run with JP Morgan (30%) and wonder if you see more upside with the American Banks.? I was considering initiating exposure to the auto sector by way of Magna or AutoCanada and wondered what your viewpoint was on selling JP or lightening my position in either Horizon or Western One. Or should I just hold the course.
Q: What would you be buying now (sector and or stocks that are atttractive)?;
or would you sit tight for a while longer (acknowledging that one cannot time the market)?
Q: Is it too late to pick up some shares of Magna? The last time you commented on it was in January and it has done very well since then. Thanks for your answer. Lesley
Q: MG
Hello 5i....I've renewed:)) Do you think Magna is a "good company", and is it a keeper rather than a sell at say a target price of $55? Do you know if they have any plans to raise their dividend? Many thanks. Susan
Q: Peter - what are your thoughts about the supplies to the automotive industry such as Magna and Delphi. I know about and have invested in Linamar in the past during the 2008-09 crisis because of the family behind them but Delphi in particular looks interesting to me because of the increase in share of content per vehicle for components that might be hard to replicate in markets where production is rising. I would appreciate your input as you always have an excellent perspective! Thanks!