VLEEY News and Press, Valeo SA ADR From 12/31/19

Back in June I wrote that Tenneco ( TEN ) was one of the more complicated stories in the vehicle parts group that I follow, as the company’s very high leverage meant that even objectively small changes in modeling assumptions could have outsized impacts on the implied fair value. I ...

“It takes money to make money” is a well-worn cliché, but the sell-side remains fixated on the R&D investments and JV losses Valeo ( OTCPK:VLEEY ) (FR.PA) is absorbing as part of its efforts to build a leading platform of passenger vehicle electrification technology....

While I’ve thought Dana ( DAN ) shares looked undervalued, I also thought that the choppy trends in many of the company’s end-markets, including heavy-duty trucks and off-road vehicles, would add volatility to these shares. Since my last update , the shares have traded over $2...

I liked BorgWarner ( BWA ) back in late August and thought sentiment was much too negative on this balanced play on internal combustion and electric powertrains, but I didn’t expect the roughly 35% snap back in the share price in such a short time. That’s Wall Street in a nut...

There has been quite a bit of variation in the fortunes of leading powertrain suppliers this year, as Valeo ( VLEEY ) and BorgWarner ( BWA ), two companies I’ve written favorably about, have performed noticeably better than Delphi Technologies ( DLPH ). While I believe some of thi...

American Axle & Manufacturing ( AXL ) (“AAM”) has had a volatile run since my last update on the shares. I wasn’t all that favorably inclined towards the company due to its heavy reliance on the U.S. market and long-term margin/efficiency issues, but I thought the ...

The best I can say about Valeo ( VLEEY ) is that the shares of this French auto parts company really haven’t done much worse than the peer group over the past year, a stretch over which only a small group of stocks like Aptiv ( APTV ) are up, and that the company continues to outper...

Although I did see some risk to BorgWarner ( BWA ) from "lower for longer" weakness in the global auto market, the 20% decline since my last update seems like a somewhat extreme reaction to what was already known to be a tough operating environment. On the other hand, this is another examp...

This article first appeared on Trend Investing on May 2, 2019; therefore, all data is as of that date. Autonomous Drive - Just press this button to begin Source For a background on my Autonomous Vehicle [AV] articles you can read: How To Benefit From The Autonomous Vehicles T...

I can understand why sell-side analysts would see light at the end of the tunnel at Valeo ( OTCPK:VLEEY ) ( FR.PA ) and assume it’s an oncoming train. That’s what happens when you miss guidance for two and a half years, offer vague and unconvincing explanations of those misses,...