Ira Sohn London: Julian Sinclair, Chief Investment Officer Talisman Global Asset Management Limited
Trade Idea: 1. Tata Motors Limited (ADR) (NYSE:TTM), 2. Shared appreciation mortgage
Price Target: 1. Tata: 100% upside
Themes:
Julian Sinclair on Tata Motors
Around 80% of Tata Motors Limited (ADR) (NYSE:TTM) is Jaguar Range Rover. The Jaguar Range Rover brand is worth around $17 billion alone, around the same as Tata's market cap. Jaguar Range Rover business is only trading at 6 times earnings. Jaguar Range Rover is one of the four great German car...


