First foot in the door.
It would be nice if it fell below 20 again
$MUX (+2.69%) added again, bought 2nd position. The company is intact, the short attack was just that, an attack. The dividend is very good. I think the share will sail back up to the old price :)
$MUX (+2.69%) Regarding the questions about entry or non-entry: those - including myself - who saw Mutares as a buy will now have filled their portfolio positions with 2 or 3 tranches. This means that the initial buying pressure after the correction is gone. It will take some time with positive news and business figures to persuade those who have been undecided or unsure to buy. In other words, share prices are likely to dip again and then gradually rise again in line with the fundamental data ... [just an opinion]
$MUX (+2.69%) - what is your intake on the current troubles?
Mutares clarified the allegations https://mutares.com/en/detailed-statement-by-mutares-on-the-gotham-city-research-report-and-the-short-attack-as-well-as-the-allegations-made-therein/
Will it hold or is the damage is already done? On the other hand did Gotham City Research act with second intentions, or are the allegations to be taken seriously?
The price target is $48.18 and the stock is covered by 5 analysts.
Buy
5
Hold
0
Sell
0
Mutares SE & Co KgaA is a Germany-based holding company focused on acquiring companies in special situations, such as owner or management succession and re-funding. It is active in three segments: Automotive & Mobility, including Elastomer Solutions, a manufacturer of rubber moldings, Plati, a supplier of cable harnesses, Kico, a supplier for automotive technology and STS Group, a supplier for commercial vehicle; Engineering & Technology, including Balcke-Duerr, a producer of power plant components, Donges Group, a manufacturer of bridge and steel constructions, EUPEC, a supplier of coatings for oil and gas pipelines, and Gemini Rail Group, a provider of component and vehicle overhaul services to rolling stock owners, and Goods & Services, including KLANN, a manufacturer of tinplate packaging, Cenpa, a manufacturer of coreboard, La Meusienne, a manufacturer of stainless steel tubes, TrefilUnion, a producer of iron wire and prestressing steel, and keeeper group, a plastic manufacturer.