Strong sales trend for Ford Transit Connect model


Ford (F -0.7%) says sales of the Transit Connect and Transit Connect Wagon are up 27% for the three-month period ending on July 31.

Sales in July for the model rose 42% to 4,090.

The automaker says demand has been particularly strong in Hispanic markets.

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Comments (9)
  • SHAKEY INVESTOR
    , contributor
    Comments (58) | Send Message
     
    Always amazing. Although F has crept up, more good news today and F drops. Profit taking (from recent lows) or what??!! I don't get it.
    14 Aug 2014, 11:05 AM Reply Like
  • Tdot
    , contributor
    Comments (8421) | Send Message
     
    Ford is trading within the normal P/E band of 10-12x - hanging in or just below the middle of the comfort range, at 10.84x right now.

     

    Rises and falls within that band are some folks buying in, and others selling out.
    14 Aug 2014, 03:50 PM Reply Like
  • wbostick@centurylink.net
    , contributor
    Comment (1) | Send Message
     
    I believe the marketing plan to use The Pickers as an advertisement ploy is a stroke of genius. Low key and very effective.
    14 Aug 2014, 11:06 AM Reply Like
  • starcorral
    , contributor
    Comments (1575) | Send Message
     
    Ford going up or down $.25 is a non-event with no relevance to knowledgeable investor's expectations.

     

    Besides what Ford investor even knows what a Ford Transit is?

     

    While the fact that Ford has 4 billion shares outstanding, I unlike many - can see $20 billion more flowing in as new models win approval.

     

    Can we really expect the motives and agendas of institutional investors to snub Ford as it progresses throught new model introductions and considers marginal dividend increases? Is buy back part of the strategy?

     

    We may minimize Ford's upside potential, but sacrifice significant opportunity in doing so.
    14 Aug 2014, 12:01 PM Reply Like
  • SKVAM
    , contributor
    Comments (324) | Send Message
     
    I remember that Ford sold more shares after the Bush Recession. The value of my Ford shares went down. And what could they be if Ford did a buy back? Ford needs to do stock buy backs and be loyal to the investors who stood by them, if loyalty means anything in this world. At the time I thought it was good to stabilize the company. Now, Ford, time to either raise dividends and, or do stock buybacks.
    14 Aug 2014, 12:11 PM Reply Like
  • Tdot
    , contributor
    Comments (8421) | Send Message
     
    Interesting. Exactly what cash would you as a shareholder want Ford to spend to buy back other people's shares? Or would you ask Ford to go deeper into debt in buying back those shares?

     

    Any cash Ford spends to buy shares, or any added debt taken on, comes out of cash flow and assets, and thus shareholder equity. Which after the dust settles actually reduces the value of the remaining shares.

     

    Shareholder equity at the start of the year was about $26.4B or $6.60 per share. That is also about how much cash Ford has on hand, and after debt it is only about $10.4B or $2.60 per share - and that is really all Ford has to back the current $17.40 share price. How much of that are you willing to sacrifice at the alter of a share buyback?
    14 Aug 2014, 03:54 PM Reply Like
  • Tdot
    , contributor
    Comments (8421) | Send Message
     
    "...demand has been particularly strong in Hispanic markets." Hmmm. I wonder what is that supposed to imply?
    14 Aug 2014, 03:47 PM Reply Like
  • rwbrown.bvf@gmail.com
    , contributor
    Comments (103) | Send Message
     
    Tdot, maybe they think it is a Chevy reincarnation... Maybe with a hydraulic
    low-rider/ bouncing suspension.
    14 Aug 2014, 04:48 PM Reply Like
  • crazty4tennis
    , contributor
    Comments (1191) | Send Message
     
    I guess what they mean by the Transit being popular with the Hispanic community is just that: the Hispanic community loves the Ford product. They are buying the F-250's to haul their landscaping equipment. And boy oh boy do these guys own some expensive landscaping equipment. They do not "skimp".
    They work hard seven days a week and spend their earnings to improve their businesses. Also, they save their earnings and are buying Real Estate for "CASH". They will not be a "slave" to a bank mortgage. Glad to know that they like and have confidence in purchasing a Ford product. Bullish and long Ford.
    14 Aug 2014, 05:22 PM Reply Like
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