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Magna International Inc T.MG

Alternate Symbol(s):  MGA

Consumer Cyclical Auto Parts
Magna International Inc. is a Canada-based global automotive supplier. The Company has complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mechatronics, mirrors, lighting, and roof systems. Its Veoneer Active Safety provides sensor, software and systems engineering solutions to a range of customers. The Company's segments include Body Exteriors & Structures; Power & Vision; Seating Systems; and Complete Vehicles. Its Body Exteriors & Structures include body structures, chassis structures, exterior, energy storage systems and other. Its Power & Vision products include electrified powertrain technologies, powertrain subsystems and other. Its Complete Vehicles consist of complete vehicle engineering and complete vehicle manufacturing. The Company's global network includes 341 manufacturing operations and 88 product development.


TSX:MG - Post by User

Magna International Inc
Bullboard Posts
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(1)
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Comment by ronaldcoon Mar 01, 2013 3:37pm
144 Views
Post# 21064400

RE: RE: RE: Why up 3.00 in last five days?

RE: RE: RE: Why up 3.00 in last five days?

Magna was trading at 55$ on feb 19 and went to a low of $52.25 on february 26 when market in general where down.  Why did it go lower if insiders had a heads up.  I've been in this stock since it's low 30's and have been enjoying the ride up ever since and I didn't have any insiders information.  This is a company with no debt and still only trading at less than 8x future earnings.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities