MTA – WELL POSITIONED TO BENEFIT FROM THE LEGISLATED STICK
#81
Posted 27 May 2014 - 03:19 PM
#82
Posted 22 May 2014 - 01:01 PM
MTA will be the next CML for sure. Only 3 weeks of there Turkish acquisition profits were booked in their last earnings report. The next one will shoot the lights out.
Future outlook looks promising as some countries have already passed the emissions law whereby all new cars must
be fitted with the stop/start battery by 2017.
I started here with nothing and still have most of it left.
#83
Posted 22 May 2014 - 11:15 AM
Great info and well written...you write like a BigGuy .
Still happy to be holding...got in around R30.
#84
Posted 22 May 2014 - 11:04 AM
MTA is not without risks but it has a management team with a proven track record, a structural driver for growth in the form of emissions legislation and a high technological barrier to entry. The current valuation undervalues the earnings potential of the core business & doesn't account for the potential market for Start/Stop batteries & further acquisitions. MTA share value should be north of R60