(Makor) Renault/Nissan Stub - time to set-up.

renault nissan trade

The discount is not big enough to justify a report and a set-up recommendation. However, on a trading basis, this is a stub trade that can be recommended.

HEDGE RATIO: LONG 1 RNO = SHORT 7 7201 JP

1. STUB VALUE has gone from 9bn to 3.2bn - this is WAY TO EXCESSIVE.

2. RENAULT VS. NISSAN