Q: Hi Peter & Team... re US Auto Industry - GM & F
Back in late Jan I inquired about GM & F and you mentioned 5I was not at this time earnestly following US Equities per say BUT, that you would be doing more so in the coming months.
Spring is just around the corner, the fleet is very aged, incentives are in place, emerging markets are showing some positive signs (especially for GM), there appears to be some confidence in the economy and both F & GM (again especially GM) are very cheap right now. A recent article I read suggested GM could see $45-$47 by years end with continued growth expected in 2015 plus GM is up 6% since early Feb. Is there any way you could take a moment and give us any thoughts you may have on this sector?
Appreciate all you do... gm
Back in late Jan I inquired about GM & F and you mentioned 5I was not at this time earnestly following US Equities per say BUT, that you would be doing more so in the coming months.
Spring is just around the corner, the fleet is very aged, incentives are in place, emerging markets are showing some positive signs (especially for GM), there appears to be some confidence in the economy and both F & GM (again especially GM) are very cheap right now. A recent article I read suggested GM could see $45-$47 by years end with continued growth expected in 2015 plus GM is up 6% since early Feb. Is there any way you could take a moment and give us any thoughts you may have on this sector?
Appreciate all you do... gm
