I agree with your R&D argument, I was making the point that sales have been slow and so far it is not paying off for the Company. Hence the shutdown in October because of higher inventories.
With respect to the cash situation. Looking at the Company's 10-Q, the line item "cash and cash equivalents" is clearly outlined on the top line of the balance sheet. And the number after all that blue space.... $22,184. When you take that the numbers are millions. So $22.2 billion. Sorry I dropped the $0.2 billion off my number
I dont think that every major automaker has turned their business around. Look at GM... GM is in loads of trouble despite going through bankruptcy. Ford has more pricing power than just about any automaker.
Yes, auto sales are on the mends, but profitability is what matters. Ford actually has a problem about not enough vehicles out there, definitely not a problem with GM as they are shutting down production for the Volt in October. Ford just added 1,200 workers to a plant in the US building Fusions (most of the production had previously been done in Mexico). I still have faith, but realize that the troubles in Europe are acting like an anchor on just about every company.
I think that Mulally's biggest accomplishment is what he did to the management team. There was such a bureaucracy and alliances that little could get done (a little like Washington right now) but he thinned out the ranks and got everyone working towards one goal.
No one on this site claims to be an expert. I wrote an article, followed what the research I did was telling me. But now you have commented five times on the same article demanding an apology? Did I cost you any money? No, you said you bought the stock and got your shares, so congratulations.
The information I went off of was the same information that Borderite posted in one of his comments. Also, how would you like me to correct it? The event has passed, there is nothing that can be done about it now.
No the date of record is July 27. If you were a shareholder as of that date, you get the extra share... If you bought it after that, you do not receive an extra share
GM Beats On Earnings, But It's Not The Time To Take The Plunge [View article]
GM made a comment during its conference call that it was the leader in subprime auto loans... is that really where GM wants to stake their future? I should hope not
Auto Sales Heat Up Along With The Weather [View article]
That is a great point! Ford has extremely strong pricing power in the industry and GM keeps talking about being OK with giving up market share to have stronger pricing power, but their incentives are so volatile.
Coca-Cola: Buy The Split Or The Dividend Growth? [View article]
You make some solid points, but for whatever reason, stocks seem to run into a split. It changes nothing on the fundamentals of a company, the only thing i could think of is that it makes the stock "more affordable" for retail investors. Imagine if AAPL split, how many people would jump at the chance to own it?
I completely agree with you Tony. As a shareholder, I would love for him to stay on as CEO. But he has only said he will be there for 2012, and it is already the end of April. If they are looking for someone new, they should start the process now, but I do hope that Mr. Mulally stays on for at least another year (through 2013).
Thanks for the comment... As a shareholder, I hope it is not the end because other candidates within the company aren't so inspiring at the moment. However, Mulally has accomplished everything he set out to do. Seems to me like it would be a good time to walk away and "spend more time with the family"
GM - Making All The Same Mistakes? [View article]
GM - Making All The Same Mistakes? [View article]
With respect to the cash situation. Looking at the Company's 10-Q, the line item "cash and cash equivalents" is clearly outlined on the top line of the balance sheet. And the number after all that blue space.... $22,184. When you take that the numbers are millions. So $22.2 billion. Sorry I dropped the $0.2 billion off my number
Ford Positions Heir Apparent? [View article]
Yes, auto sales are on the mends, but profitability is what matters. Ford actually has a problem about not enough vehicles out there, definitely not a problem with GM as they are shutting down production for the Volt in October. Ford just added 1,200 workers to a plant in the US building Fusions (most of the production had previously been done in Mexico). I still have faith, but realize that the troubles in Europe are acting like an anchor on just about every company.
I think that Mulally's biggest accomplishment is what he did to the management team. There was such a bureaucracy and alliances that little could get done (a little like Washington right now) but he thinned out the ranks and got everyone working towards one goal.
Preparing For Coca-Cola's Split [View article]
The information I went off of was the same information that Borderite posted in one of his comments. Also, how would you like me to correct it? The event has passed, there is nothing that can be done about it now.
Preparing For Coca-Cola's Split [View article]
GM Beats On Earnings, But It's Not The Time To Take The Plunge [View article]
GM Beats On Earnings, But It's Not The Time To Take The Plunge [View article]
Big Week For Tech [View article]
Sell In May And Go Away? [View article]
Auto Sales Heat Up Along With The Weather [View article]
Anheuser-Busch InBev Goes South Of The Border [View article]
No Friend Status For Facebook IPO [View article]
Coca-Cola: Buy The Split Or The Dividend Growth? [View article]
I long KO
Ford's Credit Gets A Boost [View article]
Ford's Credit Gets A Boost [View article]