MGA Sold ==> 19 winners in a row...wow.

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts
  • mrmarket
    Administrator
    • Sep 2003
    • 5971

    MGA Sold ==> 19 winners in a row...wow.

    Pardon me while I pour a beer all over my head. Yes, that’s right I am writing to you about yet ANOTHER winner!

    Today I sold MGA at 80.30. That’s a 15% gain over my purchase price of 69.66 back on June 26. That’s a 15% gain in only 6 weeks – just like I said it would be (read below). That’s an annualized gain of 127%. Did you do that? You? YOU?? YOU???!! If you didn’t do that, you could have, if you had bought MGA when I did. Why don’t you want to be just like $$$MR. MARKET$$$??? The S&P 500 was up only 5% over the same period. I am HUGER than the overall market. Magna stock was huger than Jay-Z’s new album Magna Carta Holy Grail.

    I am HUGE! Bring me your finest meats and cheeses. That makes 19 consecutive profitable trades if 15% or better. Can you do that? You?? YOU?? YOU?? I just did.

    How HUGE is $$$MR. MARKET$$$?? Rome would have been built in a day if they had followed $$$MR. MARKET$$$’s footprint. Steven Hawking believes that $$$MR. MARKET$$$ created the universe. When Atlas shrugged, $$$MR. MARKET$$$ picked up the burden. $$$MR. MARKET$$$ can build a treehouse that has a finished basement. When $$$MR. MARKET$$$ throws his trash away, it is already recycled.

    Now then, you can be privy to $$$MR. MARKET$$$’s next spectacular winner. Just forward this email to a few of your friends and get one of them to sign up for free at

    www.mrmarketishuge.com


    Then send me an email and tell me how much you liked this pick, or post on the forum below. See how easy it is to keep the ball rolling?

    Or…you can always listen to crickets chirping instead.

    I am HUGE!

    $$$MR. MARKET$$$
    ================================================== ==============================
    06-26-2013, 09:40 PM #1 mrmarket's Join Date
    Posts
    4,434
    Default MGA ==> The Go Bruins Winner
    A long time ago, the planet earth was full of magma.
    After all of the magma went away. All the people inherited the earth and they mainly passed time by watching TV. There wasn’t very much good stuff on TV until the mid ’80’s then people started watching Magnum:
    Then people got tired of watching Magnum and they decided that it would be better to watch professional wrestling on TV and they started watching Magnum TA:
    Now Magnum TA had a great wrestling rivalry against Nikita Koloff. But before the rivalry could reach its zenith, poor Magnum TA smashed his sports car and had to retire from wrestling. Nikita Koloff came on TV and said, “I cry for Magnum TA”.
    Fortunately, the automobile industry did not fail when Magnum TA smashed his car. Instead it has now flourished along with the industries that support it. As a result, what better time to buy stock in Magna International. That’s right, today I bought MGA at 69.66. I will sell it in 4 to 6 weeks at 80.30. Here’s why I like MGA:
    That’s right bitches. Look at this chart. This stock is going up and $$$MR. MARKET$$$ is riding it fast and loose like a new Corvette. You know I always wanted to buy a Corvette, but instead I decided to send my kids to college. Maybe they will graduate Magna Cum Laude.
    Magna International Inc. designs, develops, manufactures, and engineers automotive systems and components to original equipment manufacturers primarily in North America, Europe, and internationally. Its products include automotive interior systems, including sidewall and trim, cargo management, cockpit, and overhead systems; seating systems, such as complete seating systems, seat structures and mechanisms, and foam and trip products; and closure systems comprising door modules, power closure systems, window systems, latching systems, driver controls, electronic features, lighting systems, sealing systems, engineered glass, and handle assemblies. The company also offers body and chassis systems, which include body and chassis systems, engineering and tooling, and renewable energy structures; vision systems that comprise interior and exterior mirrors, actuators, and electronic vision systems; and electronic systems, such as driver assistance and safety systems, engine electronics and sensors, body systems and human-machine interfaces, intelligent power systems, hybrid and electric vehicle components/systems, and industrial products. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.

    The recently released March U.S. auto sales report came out with the most attractive industry numbers since August 2007. After bottoming out with annual sales below 10 million units, an annual pace of 15.3 million was achieved in March. This is approaching the pre-recession range of 16-18 million units.

    Basically if you like the auto industry, then you love Magna. Magna loves the auto industry and Magna loves Magna. Magna declared a 16% hike in the quarterly dividend to $0.32 per share. That’s almost a 2% yield. Where are you going to get that kind of return these days? This improvement in dividend reflects strong performance of the company. This business is growing at 10%. You know what happens when you get 10% growth? Your stock price goes up.

    2012 was a record year for Magna in terms of both sales and net income. Sales increased 7% year over year to $30.84 billion. Net income increased $411 million to $1.43 billion EPS increased 45% to $6.09 for 2012 compared to $4.20 for 2011. Magna expects higher revenues in 2013 and even better in 2014.

    Magna has had a very good 2013. The stock is surging to all time highs. I believe Magna is still undervalued and maintains significant upside potential this year and beyond. Magna is one of the largest auto parts manufacturers in the world with approximately 119,000 employees, 313 manufacturing operations and 88 product development, engineering, and sales centers in 29 countries.

    On top of a 78% jump in the dividend the past two years, the company continues to buy back shares. The board extended its Normal Course Issuer Bid expiring in November 2013 to an additional 12 million shares, 5.2% of the outstanding Common Shares. Why is the company buying back shares? Because they think it’s a great investment. On top of that, by buying back shares, they spread the earnings over fewer shareholders which means more money for me.
    Since November 2012, Magna has increased its forecasts for sales twice and now expects growth as high as 8.3% for 2013. In early March, the company increased expectations to between $32 billion and $33.4 billion compared to $30.84 billion in sales for 2012 with operating margins steady. This would represent an acceleration from the 7% growth achieved last year.

    While Magna's projections already represent impressive growth, I believe they remain conservative. The combination of built up demand and improvement in the economy, particularly rising home prices, should continue to spur sales. Small businesses and contractors have begun buying again and many have little choice but to replace aging trucks.
    The company trades at less than 9.5 times the ANAL-ysts consensus 2013 earnings and of course the ANAL-ysts have completed understated the real earnings we will see. With Magna's impressive product portfolio and exposure to top brands and new vehicles in growing markets the company should be trading at a premium to its peers. The company sports a healthy balance sheet with $1.5 billion in cash and has already demonstrated its willingness to return capital to shareholders through the dividend and buybacks.


    All its fundamentals are close to historical highs, there is no outstanding debt, and cash has begun to steadily flow inward. Being one of the most diverse automotive parts suppliers, Magna is flexible. Magna believes in the importance of having all of their facilities at world-class manufacturing levels. They are comfortable moving up predictions for operating margins as well. They also announced that they plan on continuing to increase their dividend. This is very bullish.

    To summarize, you have a big profitable company that is growing at a double digit clip yet it is still undervalued and pays a nice dividend. The math works for me.

    Here’s what the boss, Don Walker, has to say (his name is Walker, you know like walking):

    “I think we've had a good start to 2013. We expect to continue our strong performance in the remainder of the year. It'd be interesting to see what happens with the economy, but we're going to keep focused on the priorities we've got and look at our long-term strategies.”

    This Walker will be riding home with some big bonuses when his company stock meets my target.

    I am HUGE!

    $$$MR. MARKET$$$

    www.mrmarketishuge.com
    Last edited by mrmarket; 10-15-2013, 08:59 PM.
    =============================

    I am HUGE! Bring me your finest meats and cheeses.

    - $$$MR. MARKET$$$
  • Duniyo
    Senior Member
    • Oct 2010
    • 199

    #2
    In American, $$$Mr. Huge$$$ Pity Wall Street.


    Originally posted by mrmarket View Post
    Pardon me while I pour a beer all over my head. Yes, that’s right I am writing to you about yet ANOTHER winner!

    Today I sold MGA at 80.30. That’s a 15% gain over my purchase price of 69.66 back on June 26. That’s a 15% gain in only 6 weeks – just like I said it would be (read below). That’s an annualized gain of 127%. Did you do that? You? YOU?? YOU???!! If you didn’t do that, you could have, if you had bought MGA when I did. Why don’t you want to be just like $$$MR. MARKET$$$??? The S&P 500 was up only 5% over the same period. I am HUGER than the overall market. Magna stock was huger than Jay-Z’s new album Magna Carta Holy Grail.
    .............................

    www.mrmarketishuge.com

    Comment

    • jiesen
      Senior Member
      • Sep 2003
      • 5319

      #3
      Congrats on winner #19, $$MM!! I sold my MGA at 80.3 as well, and pocked 13% on it (wanted to get 15% to be just as huge, but decided not to get greedy this time).

      Thanks for this awesome pick, $$MM! Let's have another one just like it!!!

      Comment

      • Karel
        Administrator
        • Sep 2003
        • 2199

        #4
        Today I found a trade confirmation in my email, and discovered I had sold MGA at 80.30 as well.

        $$$Mr. Market$$$ is HUGE ! ! !
        My Investopedia portfolio
        (You need to have a (free) Investopedia or Facebook login, sorry!)

        Comment

        Working...
        X