RE:RE:RE:Wonder .....I dont think there is any problem except for the perception of portfolio managers. Again the earnings are consistently good and management seems to run things just fine.
Are car sales about to plummet? Are we going into a massive recession? I think not on both counts. I still think there is plenty of pent up demand for autos...dealers have to stop the gouging.
Is a war on the horizon? Sure looks that way but on the other hand it looks like interest rates are about to finally head lower so thats a redeeming factor.
Sometimes I think this is a magna spillover...if Magna is a 50 dollar stock why should Martinrea be more than 10 or linamar more than 60 is the thought process for some!
I think its a good buy in a universe of poorly valued Canadian small cap stocks. Plenty out there!