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What do you guys think of this stock? I am thinking of taking a long position for the medium term, like to hear your thoughts. I am especially interested in their avionics business, particularly their avionics packages for small business jets. They haven't been doing too badly, and P/E is decent.
What's your opinion?
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Yes that's one of the concerns I have about it, if it's dutiable in both country of domicile and listing, then we only stand to receive 45.5% after withholding taxes. Asked my broker about it and he says he'll check with their US custodian on Monday.
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My broker's US custodian says that the jurisdiction with the higher withholding tax (in this case Switzerland's 35%) will be levied, so no double taxation.
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I can imagine, and probably not worth the effort if our holdings don't add up to much.