fareastwarriors Posted January 24, 2014 Share Posted January 24, 2014 I added some warrants this morning and then it prompty droped another 3% . >:( Link to comment Share on other sites More sharing options...
dpetrescu Posted January 24, 2014 Share Posted January 24, 2014 I'm considering buying now that my 2014 leaps expired. The question is when? I think if there's another 15% correction I'm in. Link to comment Share on other sites More sharing options...
hyten1 Posted February 3, 2014 Share Posted February 3, 2014 this thing have been in a nose dive since 2014 started. before we know it it'll hit $30 hy Link to comment Share on other sites More sharing options...
Yours Truly Posted February 3, 2014 Share Posted February 3, 2014 this thing have been in a nose dive since 2014 started. before we know it it'll hit $30 hy They seem to be lagging all the big players in sales so far! It has dramatically dropped since the dividend announcement. Link to comment Share on other sites More sharing options...
Ian L Posted February 3, 2014 Share Posted February 3, 2014 General Motors January sales fell 12%, blaming cold weather. Chrysler still managed to increase sales 8%, though Ford also decreased 7.1%. http://www.ibtimes.com/here-are-january-2014-big-8-us-auto-sales-numbers-gm-ford-chrysler-toyota-honda-nissan-kiahyundai Link to comment Share on other sites More sharing options...
plato1976 Posted February 3, 2014 Share Posted February 3, 2014 yet fiat also dropped today General Motors January sales fell 12%, blaming cold weather. Chrysler still managed to increase sales 8%, though Ford also decreased 7.1%. http://www.ibtimes.com/here-are-january-2014-big-8-us-auto-sales-numbers-gm-ford-chrysler-toyota-honda-nissan-kiahyundai Link to comment Share on other sites More sharing options...
investor-man Posted February 3, 2014 Share Posted February 3, 2014 yet fiat also dropped today General Motors January sales fell 12%, blaming cold weather. Chrysler still managed to increase sales 8%, though Ford also decreased 7.1%. http://www.ibtimes.com/here-are-january-2014-big-8-us-auto-sales-numbers-gm-ford-chrysler-toyota-honda-nissan-kiahyundai Good ol'Mr. Market Link to comment Share on other sites More sharing options...
fareastwarriors Posted February 3, 2014 Share Posted February 3, 2014 Ford or GM: Which One Is the Better Buy? GM could gain 30% or more this year, as new products kick in, but Ford is the likely winner over the long term. http://online.barrons.com/article/SB50001424053111903911904579346793177568708.html?mod=googlenews_barrons#articleTabs_article%3D0 Link to comment Share on other sites More sharing options...
fareastwarriors Posted February 5, 2014 Share Posted February 5, 2014 GM Makes More Management Changes Two Board Members Resign, while Chevrolet and Buick Get New U.S. Sales Chiefs http://online.wsj.com/news/articles/SB10001424052702303442704579363001958855062 Link to comment Share on other sites More sharing options...
Avyalake Posted February 6, 2014 Share Posted February 6, 2014 GM results 2013 Slides. http://phx.corporate-ir.net/External.File?t=1&item=VHlwZT0yfFBhcmVudElEPTUwNzk3MTJ8Q2hpbGRJRD01MzE4NTg= Link to comment Share on other sites More sharing options...
Guest 50centdollars Posted February 6, 2014 Share Posted February 6, 2014 GM results 2013 Slides. http://phx.corporate-ir.net/External.File?t=1&item=VHlwZT0yfFBhcmVudElEPTUwNzk3MTJ8Q2hpbGRJRD01MzE4NTg= link does not work Link to comment Share on other sites More sharing options...
Avyalake Posted February 6, 2014 Share Posted February 6, 2014 GM results 2013 Slides. http://phx.corporate-ir.net/External.File?t=1&item=VHlwZT0yfFBhcmVudElEPTUwNzk3MTJ8Q2hpbGRJRD01MzE4NTg= link does not work Hmm. Links to webcast and the slides from the original IR webpage. http://www.gm.com/company/investors/announcements-events/event_detail_page.event_5079712.~content~gmcom~home~company~investors~announcements-events.html Link to comment Share on other sites More sharing options...
xtreeq Posted February 6, 2014 Share Posted February 6, 2014 GM Reports 2013 financial results http://www.gm.com/company/investors/latest-news/news_detail_page.content_pages_news_emergency_news_0206-gm-reports-2013-net-income.~content~gmcom~home~company~investors.html Link to comment Share on other sites More sharing options...
skanjete Posted February 6, 2014 Share Posted February 6, 2014 Although there were quite a lot of positive developments within GM over the last year, the enterprise value per share (incl. pension deficit) hasn't changed. On an E.V./EBIT(DA) base, the shares even look cheaper than an year ago. Interesting. Link to comment Share on other sites More sharing options...
plato1976 Posted February 6, 2014 Share Posted February 6, 2014 EV doesn't change b/c of pension deficit reduction due to rate increase - this can reverse anytime and I don't want to call this an improvement Although there were quite a lot of positive developments within GM over the last year, the enterprise value per share (incl. pension deficit) hasn't changed. On an E.V./EBIT(DA) base, the shares even look cheaper than an year ago. Interesting. Link to comment Share on other sites More sharing options...
krazeenyc Posted February 6, 2014 Share Posted February 6, 2014 EV doesn't change b/c of pension deficit reduction due to rate increase - this can reverse anytime and I don't want to call this an improvement Although there were quite a lot of positive developments within GM over the last year, the enterprise value per share (incl. pension deficit) hasn't changed. On an E.V./EBIT(DA) base, the shares even look cheaper than an year ago. Interesting. is the reverse true as well? So when rates declined did you not view it as a negative? Link to comment Share on other sites More sharing options...
skanjete Posted February 6, 2014 Share Posted February 6, 2014 EV doesn't change b/c of pension deficit reduction due to rate increase - this can reverse anytime and I don't want to call this an improvement Although there were quite a lot of positive developments within GM over the last year, the enterprise value per share (incl. pension deficit) hasn't changed. On an E.V./EBIT(DA) base, the shares even look cheaper than an year ago. Interesting. is the reverse true as well? So when rates declined did you not view it as a negative? Whatever the reason : E.V. per share didn't change. Besides, even making abstraction of the change in pension deficit, valuation hasn't changed a lot over the last year. If anything, it looks somewhat cheaper. Improvement : I'm sure you can think of some more important improvements within G.M. than higher interest rates (e.g. exit government, new models, Europe,...). Link to comment Share on other sites More sharing options...
fareastwarriors Posted February 6, 2014 Share Posted February 6, 2014 Is the rising inventory levels at the dealers' lot a concern? Link to comment Share on other sites More sharing options...
negative alpha Posted February 6, 2014 Share Posted February 6, 2014 I think in aggregate pricing and incentives are stable, so increased inventories by itself shouldn't be too much of a concern. Link to comment Share on other sites More sharing options...
DCG Posted February 6, 2014 Share Posted February 6, 2014 I think in aggregate pricing and incentives are stable, so increased inventories by itself shouldn't be too much of a concern. Well, as long as dealers have a lot of vehicles on their lot, they won't be buying more from GM. Link to comment Share on other sites More sharing options...
MYDemaray Posted February 6, 2014 Share Posted February 6, 2014 Obviously, I think that inventories need to be watched. That said, if you listened to the FIAT call, one thing they are dealing with (and we saw a version of this at GM late last year), is that the model refreshes are causing some unique dynamics. For example, Chrysler is shutting down a plant for 30+ days to retool a factory to build another model. They have pushed inventory to the dealer lots to cover this 30 days of downtime. Additionally, you get manufacturers trying to flush out their old models while preparing for the new ones. We saw this in GM trucks last year. There seem to be so many model refreshes happening, I wonder that this isn't going on across the system. I have no real idea, but could be. The weather will probably cause additional inventory build, so prepare for the numbers to look worse before they get better. The one interesting thing I see -- is that every investment thesis for all of the manufacturers cite the new products resulting in taking market share. This can't be true for everyone. Link to comment Share on other sites More sharing options...
fareastwarriors Posted February 6, 2014 Share Posted February 6, 2014 Obviously, I think that inventories need to be watched. That said, if you listened to the FIAT call, one thing they are dealing with (and we saw a version of this at GM late last year), is that the model refreshes are causing some unique dynamics. For example, Chrysler is shutting down a plant for 30+ days to retool a factory to build another model. They have pushed inventory to the dealer lots to cover this 30 days of downtime. Additionally, you get manufacturers trying to flush out their old models while preparing for the new ones. We saw this in GM trucks last year. There seem to be so many model refreshes happening, I wonder that this isn't going on across the system. I have no real idea, but could be. The weather will probably cause additional inventory build, so prepare for the numbers to look worse before they get better. The one interesting thing I see -- is that every investment thesis for all of the manufacturers cite the new products resulting in taking market share. This can't be true for everyone. Every company seems to be firing at all cylinders. Who are going to be the losers? Link to comment Share on other sites More sharing options...
MYDemaray Posted February 6, 2014 Share Posted February 6, 2014 Not sure. Right now the rising tide is lifting all boats, as you point out. Link to comment Share on other sites More sharing options...
fareastwarriors Posted February 7, 2014 Share Posted February 7, 2014 GM Steps Up Pickup Truck Discounts After Weak January General Motors Offering As Much As $7,000 Off the List Price After Sales Slumped in January http://online.wsj.com/news/articles/SB10001424052702304450904579369251781691482?mod=WSJ_business_MoreArticles >:( Link to comment Share on other sites More sharing options...
plato1976 Posted February 10, 2014 Share Posted February 10, 2014 This one has dropped quite a bit since Kyle Bass released its bullish report; not sure if it's going back to sub 30, where the warrant will be interesting again GM Steps Up Pickup Truck Discounts After Weak January General Motors Offering As Much As $7,000 Off the List Price After Sales Slumped in January http://online.wsj.com/news/articles/SB10001424052702304450904579369251781691482?mod=WSJ_business_MoreArticles >:( Link to comment Share on other sites More sharing options...
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