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Strategies & Market Trends : Value Investing
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To: Spekulatius who wrote (45594)11/21/2011 2:14:23 PM
From: E_K_S  Read Replies (1) of 78702
 
Compagnie Generale DES Etablissements Michelin SCA (MGDDY.PK)

Followed you in for a tracking position in Michelin tires. I am looking to their specialty large truck and Ag tires (representing 20% of sales) as my main area of interest. They are also a good value buy at current levels. Sales into China will also be a plus. I see that a dividend is paid every May which could be as high as 4%.

I will look to a $14.00/share - $15.00/share as an exit target.

EKS
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