a revised Moelis report out. finally moved their outyear forecasts.
on saintex's point about MTO not being treated like the other auto stocks, Moelis note that "motorcycle supply has not been impacted in the same way as cars" - so to the extent the auto players are being held back by supply issues, MTO is less affected.
PLUS MTO has been taking out costs, and introducing new revenue streams to its existing infrastructure (new brands, finance/insurance, etc) and has a strong balance sheet which could finance an acquisition or two. Happy to ride this further
MTO Price at posting:
$2.87 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)