RE:RE:How does Linimar make good profits with electric cars?I believe you've nailed it here, Nelson. Between peak auto theory, NAFTA, and electric vehicles this stock has taken a huge hit. How much of that is actually going to transpire to a significant effect on earnings? Not much would be my guess. Markets overreact to this stuff and the uncertainty that comes with it, and while these things can be real threats if not dealt with properly, we have to realize electric vehicles are something that isn't going to happen rapidly; the management will have plenty of time to adapt. I wouldn't be suprised to see 90% gasoline vehicles even a decade from now. Electric vehicles have been 'in the making' for years. As for the stock price, find a company who has compounded earnings like Linamar in the last decade and you'll find they are trading in the 20-30 P/E range in today's market. Linamar at 8-9 is a bargain.
In addition, I believe management have already had talks with the likes of Apple and Google about their possiblity of making vehicles and Linamar becoming a potential supplier for them. Management is certainly aware of the industry, and I trust they will do fine.