Wow! Conspiracy much?
“Dana (NYSE:DAN) is a very well-run company in a cyclical, slow growing industry. Despite management employing an asset light operating model and doggedly maintaining margins, the company’s PE multiple remains well below comparable companies with similar returns. This disconnect appears to be linked to a recent history of declining revenues driven primarily by factors outside of management’s control, however, a growing order back-log is set to reverse this trend. The return of sales growth is expected to pave the way for increased margins and earnings growth. Together, these factors can drive significant stock price appreciation as they typically lead to multiple expansion on rising earnings. Moreover, even without management’s growth expectations, the company’s underappreciated business model provides significant room to buy back stock and increase dividends to ultimately boost stock price.”
I suppose you could do worse. Soros is no dummy when it comes to investing.
Interesting.
You think Soros had this planned back in 2009?
ping