Q: RCI.B and magna look delicious.
What am I not seeing here?
What am I not seeing here?
5i Research Answer:
RCI.B has high debt, capex committments and relatively low growth. MG has tariff issues, continued downward revisions to forecasts, and lots of cyclicality. Both are, however, priced very well to reflect these issues. Both offer nice and (probably) secure dividends. A buy case could be made, but investors certainly will need some patience here to get through the uncertainty of the next year.