Tata Motors Limited (ADR) (NYSE:TTM)
Owners of Jaguar and Range Rover, India-based Tata Motors designs, manufactures, and sells automobiles and all things machine-related.
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The company has to ride out the downturn in the world auto market first. Once the shakeup is complete in the U.S. Market, you will see this stock take off due to the simple fact that there will be less players in the world market as the U.S players will be concentrating on cleaning up their U.S. business and just trying to survive.This will give other world players a chance to grab market share in other parts of the world. Tata will increase market share in India and other parts of the world and will be rewarded for it.
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The pitch for this stock can be found on the Stinky Feet discussion board at http://boards.fool.com/Message.asp?mid=27337875 . Stop by and let us know what you think of this stock.
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most people in india live in waaaay overcrowded cities. more are moving there, too. it's hard enough to maneuver by foot let alone bike - how are cars supposed to get around? india already has a horrible congestion problem, and cars aren't getting around that. sure, the car is cheap, but it still runs on gas. couldn't they trying selling glorified ELECTRIC golf carts first?! plus, tata owns some luxury vehicles, too. don't suppose those will be making money any time soon. everthing about this company seems behind the curve. one star stock.
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Buy Low and if they don't go out of business sell high.
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India growth and reasonable debt offset risk of Nano, and if it takes off, even better. Nice yield looks sustainable.
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I believe this small car will "catch on" and make a hit in India.
it's all a matter of convincing these people that they need to leave the bikes behind and get these smooth looking cars.
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I believe the revenue stream of this Co. will follow the growth in the asian auto market and to some extent the increase in chinese auto use and auto parts consumption.
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Trading at near 52 week low with 75% decrease in value. Potential for huge increase in sales with new car to be pushed in India. Has backing of huge conglomerate of companies
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Once the economic recovery kicks in, this stock will be a triple bagger, atleast.
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This is an auto company that I find is thinking about the future more so than any other.
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Tata Motors is set to take off when the economy picks back up in 2009. India is building new infrastructure to bring their road system up to current standards and to meet the massive increase of new drivers there. Also, Tata will get plenty of publicity when the Nano is finally being sold. This all leads to an undoubtedly higher price for Tata stock next year.
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The bad times wont last forever. Demand for cars will increase worldwide when the economic downturn passes.
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All car makers down, this one poised to make greater rebound especially in developing world with best priced car on the market
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India has literally Millions of 'Auto-rickshaws" which cost the same as a Nano today. These Auto's are what I call the "Socialist Evil" to the society which generate tremendous pollution and unbelievable chaos on the road (they run on three wheels).
I am expecting that Nano displace these evils in Indian Society when they can productionize the dream vehicle.
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If/when one or more of the big 3 go down, Tata Motors will have a niche to fill. What cheap disposable cars for emerging markets, hello Tata.
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The purchase of Ford's Jaguar and Ranger Rover division will hold down profits for the near term.
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Tata has been dragged down with the rest of the industry. India and many other emerging markets will still needs cars and trucks and Tata will deliver many of them.
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This company is going to make a car that people need and can afford in the highest growth regions of the world. I recognize the need for economical transportation: smart car style without the price tag!
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Purely Speculative....
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Cheap cars and cheap stock...with India's growing population there is no way this one won't take off.
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