Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi guys, I hold shares in Maas Group (MGH) which has been a solid performer over the 3 years or so I've owned them. Yesterday they announced the sale of one of their divisions, which should have been a positive for the company. Sadly the share price has now fallen about 30% since then. Can you throw any light on why the market has reacted so negativly at an action that the company clearly sees as a positive? Many thanks. Rob
Hi Robb,
We believe the sale of one of MGH’s division wasn’t the major catalyst for the stocks plunge, it was the strategic decision to expand into electrification and AI-related assets. In one brush stroke the $1.42bn company has changed its future direction and with it created a degree of uncertainty. From an investors perspective the big question now is, do you want to back management into this new fast-moving area which comes with a greater level of risk and potential reward.
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