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- EEStor Advanced Capacitor Best Use in A Hybrid Car [view article]
- Valuing GM: $28 One Day, $7 the Next? [view article]
- GM on the Skids - Fast Money Recap (7/2/08) [view article]
- Auto Sales Dismal: GM and Chrysler Oddly Optimistic [view article]
- Is General Motors Closer to a Default? [view article]
- Challenge for Ford and GM: To Stay in Business [view article]
- Bring Back the Old GM [view article]
- Americans Abandon Gas Guzzlers as Car Sales Fall [view article]
- Is There Any Hope for the Big Three Auto Makers? [view article]
- Global Battery Equity Index [view article]
- Some Consequences if Oil Prices Stay High [view article]
- How I Plan to Trade My Depressed GM Stock [view article]
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- Challenge for Ford and GM: To Stay in Business
- Auto Sales Dismal: GM and Chrysler Oddly Optimistic
- GM on the Skids - Fast Money Recap (7/2/08)
- GM, Ford in the Hot Seat
- Valuing GM: $28 One Day, $7 the Next?
- Is GM Your Leader?
- Citigroup Analyst Cuts Auto Companies' Price Targets
- Americans Abandon Gas Guzzlers as Car Sales Fall
- Global Battery Equity Index
- Some Consequences if Oil Prices Stay High
- Full List of Articles »
EEStor Advanced Capacitor Best Use in A Hybrid Car [view article]
But wait there's more. I know that there are plans to use the technology in conjunction with solar panels for residential/commercial applications. Think about it. This technology can/might/maybe allow people to disconnect from the grid -- for good.Times are a changing... Reply
Valuing GM: $28 One Day, $7 the Next? [view article]
Inflation will make GM and Ford cars MORE EXPENSIVE in its biggest markets (the domestic market), not cheaper. It will make exports cheaper for other countries to buy, but GM and Ford largely produce their cars for overseas sales in those regions, not in the U.S..What GM and Ford need to do to make their cars competitive in the U.S. market is to make them MORE FUEL EFFICIENT. They are ALREADY price-competitve, seeing how there are $7000 worth of incentives for GM gas guzzlers like the Suburban, but sales for these gas guzzlers are still down.
Fuel efficiency is the key. Reply
GM on the Skids - Fast Money Recap (7/2/08) [view article]
so merrillynch thinks gm may go bankrupt. that is enough to make me at least put them on a watch list with ford as a potential long term comeback. oh mer is further down the list along with citi and the other major financials. probably a very longterm watch. the financials will go much lower before i will even consider them. ReplyAuto Sales Dismal: GM and Chrysler Oddly Optimistic [view article]
edaddy, I don't follow what you're saying. What I read is that1. The US Big Three sold cars to rental car companies at cost or less;
2. They no longer sell cars to rental car companies at cost or less;
3. As a result, the share price of rental car companies has dropped.
So, the argument offered in the post is that the reason the share prices of rental car companies have declined is that they can no longer buy cars from the major three domestic car makers at a discounted price.
One could conclude that these companies are either (a) buying cars or (b) they're not buying cars. If the rental car companies are not buying cars right now or are extending the average age of their fleets (neither situation is actually occurring in a way to support the argument), then, at least in the past two years, they no longer have a major cost, which would seem to argue against a decline in stock price.
On the other hand, if they are buying cars right now from the Big Three and paying higher prices for those cars, then they do, in fact, have a higher overall cost, which should negatively impact their stock price. Conversely, if the Big Three are selling cars to rental companies at a higher margin, then, presumably, these sales should help car company revenue numbers.
So, I don't understand the argument you're making. The facts you state don't appear to support your claims.
Incidentally, if you look at the financials for Hertz, as an example, you'll see that the company hasn't changed the average age of its fleet: it continues to buy cars. Further, last year Hertz generated almost $6 billion in car rental revenues worldwide and $1.76 billion in equipment rentals. In 2007, revenues grew by $8.69 billion (aided by a declining dollar!); pre-tax income grew by 35.8% and net income grew by 36.7%. The company is diversifying its fleet and no longer depends exclusively on US automakers; however, this trend has been in place for some time.
For Hertz, at least, the stock has been in decline, but I see no evidence to support the thesis that this decline is driven by higher prices from the Big Three US automakers.
On July 4, edaddy wrote:
I love how all the wall street articles over look a major component that is missing from the big 3 sales numbers this year, sales to rental car companies. The big 3 has dramatically cut these zero profit sales to Avis, Budget, Dollar, Hertz, Thrifty, etc. since 2007. The big 3 used to sell their over capacity cars to the rental companies at cost or less and then would guarantee buyback prices. The big 3 stopped a large portion of these sales in 2006 and have reduced every year since. That is why you see the rental car stocks like CAR, DTG and HTZ tank since the end of their fiscal year 2007. So for companies like Chrysler, Ford and GM to sell as many trucks and SUV's as they did in June is actually amazing considering the state of the economy and fuel prices.
Reply
EEStor Advanced Capacitor Best Use in A Hybrid Car [view article]
Ultra-capacitors combined with ultra low weight cars with carbon fibre protective passenger cabins, 3 wheels, in-wheel electric motors, small clean deisel generators, light alloy or plastic rims, remote steering, modular add-ons for additional passenger capacity or storage, and solar generation is where we will ultimately end up. ReplyGM on the Skids - Fast Money Recap (7/2/08) [view article]
The fast money TV show is around for one reason to make money from advertising. ReplyIs General Motors Closer to a Default? [view article]
BADDAD, let's try and inject a little intellect into a conversation about investing. Reread what I wrote: I didn't mention anything about poisoned dog food, lead in the paint of toys. The arguments you present in this thread are lacking in substantive content.You stated earlier that all jobs are leaving the US; they're not. You made a statement that is patently false.
There are problems in some cases with imports from China; there's no evidence that there are problems with all imports. There are always issues, be they in domestic or foreign products. Right now, many overseas banks are dealing with problems in US financial assets; problems that appear to have been created by fraud. Decades ago, we in the US and those in western Europe for that matter had issues with products from Japan.
I'd urge you, if you must post, present a clear, cogent, rational argument for your position. Stop posting nonsense please!
On July 2, BADDAD wrote:
Dear Bioinvester, so your saying that buying poisioned dog food, lead painted kids toys and the such is good for our economy? Also if you would like to hook up your Toyota or Honda pick-up to the back of my Ford pick-up facing the other way, I would be glad to see who pulls who for a little wager! Reply
Is General Motors Closer to a Default? [view article]
On July 2 BADDAD wrote
Dear Bioinvester, so your saying that buying poisioned dog food, lead painted kids toys and the such is good for our economy? Also if you would like to hook up your Toyota or Honda pick-up to the back of my Ford pick-up facing the other way, I would be glad to see who pulls who for a little wager! Reply
Is General Motors Closer to a Default? [view article]
Mr Jimmy, you didn't read what I wrote. I wrote that the companies have been in decline for some time--many, many years. There's no evidence, none, of an adverse affect on the economy. The US economy continues to grow.On July 2, Mr Jimmy wrote:
BioInvestor, if you believe the US economy is "humming along", you and I have a huge perception gap. Reply
Challenge for Ford and GM: To Stay in Business [view article]
The problem is that for each company that turns around and bounces back, approximately nine others cease to exist. Turnarounds are tough. Personally, I can't imagine the big three disappearing. Of course, five years ago, I wouldn't have imagined GM hitting a half century low.On July 4 paulk8756 wrote:
What we know about the history of equities is the greatest gains are made in stocks that NOBODY wants anymore. GM and Ford certainly qualify here. But that's a TOUGH CALL when you're investing real money, which is precisely why the returns are so great if they make it. GM at 10 and F at 4 are beginning to look awfully tempting, aren't they...? Reply
L. Johnson
Valuing GM: $28 One Day, $7 the Next? [view article]
I don't think GM or Ford will go bankrupt. President Obama and congress will bail them out, force the unionization of their competitors' American plants and inflate the economy, interest rates and the dollar. That will make GM and Ford cars more price competitive. ReplyL. Johnson
Challenge for Ford and GM: To Stay in Business [view article]
I can think of a dozen reasons GM and Ford won't go bankrupt.First, Obama and the Dems will bail them out directly and indirectly. Are the stocks oversold? Hard to tell. The options markets are very bearish, and I'll be contrarians are buying these stocks and will be. Reply
GM on the Skids - Fast Money Recap (7/2/08) [view article]
In the global markets, is there ANYTHING that is not impossible, seeing that that exciting really is a double or tripple negative! Replyrver
GM on the Skids - Fast Money Recap (7/2/08) [view article]
The Fast Money Guys are pure and simple momentum players. Their recommendations are for investors who keep careful tabs on the market. Following them you can make huge gains, but must be able to take losses and shift to the new group, either long or shortl. Long term investors are advised to beware of the Fast Money Guys. Stocks like GE, Emerson Electric and Air Products and Chemicals are seldom on their radar screen. ReplyMetzger
Challenge for Ford and GM: To Stay in Business [view article]
Many commercial fleets could be operated on pure electric vehicles, powered by conventional lead acid batteries. Fleets of forklifts do this and the trend to electric forklifts is proceeding apace. Sure, these vehicles would be slower and would have to be recharged on a routine basis that would involve a learning curve and adaptation--but certainly doable. The Big Three should look into this possibility. The fact is that many ICE commercial fleets are used in daily operations well within the range of current battery technology, and when lithium ion batteries become commercially available, there will be very little difference in work capabilities. Reply