Bullish strategy on Trigano via turbo calls

Trigano, which holds 30% of the European motorhome market, has fallen nearly 20% on the stock market since the start of the year. However, the indicators are green for this tourism player. Well established in a very buoyant market, especially since the pandemic, the group is able to pass on price increases for materials and components to selling prices. It should also be noted that registrations in Germany, its largest market after France, increased by 5.3% in February.

Jean-François Delcaire, manager at HMG Finance, points out that the company is able to manage ” in case of any disturbances in the frames before adding that they ” have just resumed share buybacks, which had not happened since last October “. Another favorable element for Trigano’s future course on the stock market.

In order to take advantage of the fall in the stock, we positioned ourselves on turbo calls without code expiry HG4FB. They offer a leverage of more than 4 and their knock-out barrier is 20% below the current level of the action.

Quotation range: 1.5 – 1.51 euros.