2Mon·

$PMAG (+14.75%) Worth an investment?

I think the products are good and you don't just have KTM in your portfolio, so I think the share is undervalued.

But what do you think?

3
5 Comments

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A good product does not mean a good company...
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Why do you think this company is worth an investment?
They are making a big net loss this year and KTM is insolvent. It doesn't look perfect for next year either...
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Dangerous, as it is not even clear what will happen with the insolvency...
... In general, the industry is at rock bottom at the moment. If I'm honest, I'd rather look towards $ROS, where more is happening with Mateschitz's entry.
A few months ago, Russia finally turned off the gas to Austria. The wave of bankruptcies and the exodus of companies and personnel that has been rolling through Germany since the Nordstream explosion is now also coming to Austria. VW and Porsche have a much thicker skin than the AT industry and even they are all in the red. I would be very careful.
Sales are rising, I was also inclined to buy in. But a look at the balance sheet is surprising, despite the increase in sales, EBITDA has fallen and net debt has also increased.

I also don't like investing in companies with a free float of <50%
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