Genworth Financial Inc. (GNW)

All Comments on GNW

  • commenter
    Oct 11 07:29 PM
    Crazy P/E Ratios [view article]
    Good article, but a small correction in your table. Come next week, Morgan Stanley might have a PE of zero: Price=0/ Earnings=Some number => 0 Reply
  • commenter
    Oct 11 06:58 PM
    Crazy P/E Ratios [view article]
    Where are the Ag stocks? Reply
  • commenter
    Oct 11 02:07 PM
    Nine Months Later: Some Annual Predictions from the Financial Press [view article]
    Root Problem: FRE & FNM used up to 100x leverage, AIG & LEH used up to 30X leverage; and that's after the banks used up to 10X Leverage on financial debt. This has to be stopped. The root problem going back to 1912 has to be fixed.

    WWW.GrandfatherReport....

    Richard Fuld, CEO of LEH, admitted to 30x leverage contributing to the problem.

    Now I read on seekingalpha.com about FRE and FNM doing 100:01 leverage on their debt insurance.

    Most investment banks were leveraged by a ratio of 30 to 1, and they were dealing with billions of dollars instead of thousands. Government sponsored mortgage giants Freddie (FRE) and Fannie were using leverage closer to 100 to 1, because of their supposedly stricter lending standards and implicit government backing.

    seekingalpha.com/artic...

    How can "we the people" know the root cause is being "fixed" if we don't know about the root cause. Most of the news is telling us the root cause is a lack of confidence about all those mortgages being paid as agreed.

    And are we sure we understand what happens when 100:01 leverage is applied after the fractional banking reserve requirement is applied? Maybe if this subject needs a spotlight to get people's attention. Then maybe the "lack of confidence" could be better understood.

    GrandfatherReport.Us
    Reply
  • commenter
    Oct 11 02:06 PM
    Nine Months Later: Some Annual Predictions from the Financial Press [view article]
    Root Problem: FRE & FNM used up to 100x leverage, AIG & LEH used up to 30X leverage; and that's after the banks used up to 10X Leverage on financial debt. This has to be stopped. The root problem going back to 1912 has to be fixed.

    WWW.GrandfatherReport....

    Richard Fuld, CEO of LEH, admitted to 30x leverage contributing to the problem.

    Now I read on seekingalpha.com about FRE and FNM doing 100:01 leverage on their debt insurance.

    Most investment banks were leveraged by a ratio of 30 to 1, and they were dealing with billions of dollars instead of thousands. Government sponsored mortgage giants Freddie (FRE) and Fannie were using leverage closer to 100 to 1, because of their supposedly stricter lending standards and implicit government backing.

    seekingalpha.com/artic...

    How can "we the people" know the root cause is being "fixed" if we don't know about the root cause. Most of the news is telling us the root cause is a lack of confidence about all those mortgages being paid as agreed.

    And are we sure we understand what happens when 100:01 leverage is applied after the fractional banking reserve requirement is applied? Maybe if this subject needs a spotlight to get people's attention. Then maybe the "lack of confidence" could be better understood.

    GrandfatherReport.Us
    Reply
  • commenter
    Oct 11 02:05 PM
    Nine Months Later: Some Annual Predictions from the Financial Press [view article]
    Richard Fuld, CEO of LEH, admitted to 30x leverage contributing to the problem.

    Now I read on seekingalpha.com about FRE and FNM doing 100:01 leverage on their debt insurance.

    Most investment banks were leveraged by a ratio of 30 to 1, and they were dealing with billions of dollars instead of thousands. Government sponsored mortgage giants Freddie (FRE) and Fannie were using leverage closer to 100 to 1, because of their supposedly stricter lending standards and implicit government backing.

    seekingalpha.com/artic...

    How can "we the people" know the root cause is being "fixed" if we don't know about the root cause. Most of the news is telling us the root cause is a lack of confidence about all those mortgages being paid as agreed.

    And are we sure we understand what happens when 100:01 leverage is applied after the fractional banking reserve requirement is applied? Maybe if this subject needs a spotlight to get people's attention. Then maybe the "lack of confidence" could be better understood.

    GrandfatherReport.Us


    On Sep 17 01:17 PM kmca1989 wrote:

    > yep - i'm getting spanked - having only invested @ august 1, i've
    > still managed to catch up w/ the rest of the market's hideous downturn
    > by being overly optimistic (and overweight) concerning financials.
    Reply
  • commenter
    Oct 10 01:45 PM
    Crazy P/E Ratios [view article]
    GKM doesn't seem to know what he really meant. low PEs become so because the E is based on expected earnings for next year are assumed to be higher therefore PE seems low at current prices . But what happens is that by end of next year the E will go down because of recession and companies collectively will make much less E than was forcasted at this time so if E goes down by 25 % then your forcasted PE of 12 suddenly becomes 16 Reply
  • commenter
    Oct 10 10:37 AM
    Crazy P/E Ratios [view article]
    The market "may have priced in" anticipated 2009 earnings, but based on long term PE's, we're still in a bubble. see
    seekingalpha.com/artic...

    Reply
  • commenter
    Oct 10 02:18 AM
    Crazy P/E Ratios [view article]
    The stock market correction is a reality check for those stocks commanded high price but no real growth.

    Every so often the market corrected to re-evaluate the valuation of each stock.

    As the market start to recover, some will recover 50%, some will recover 100% and some will recover 1000% depending on future growth potential.

    Not all stocks will recover equally, now it's the time to look for the next growth leader of each sector...it's always a stock-picking game after each correction.

    My pick for the next winner: Thermogenesis(KOOL), I think it's the early CSCO of stem cell therapy/regenerative medicine.
    Reply
  • commenter
    Oct 10 01:36 AM
    My Website
    Crazy P/E Ratios [view article]
    I just bought X over the last two days. I also bought a call on it.

    concisetrading.blogspo.../
    Ryan
    Reply
  • commenter
    Oct 10 01:04 AM
    Crazy P/E Ratios [view article]
    jcrash, I'm saying if you think that p/e's look cheap - then they likely look cheap for a reason and that could only mean one thing. When they look expensive, that's when the market will be starting to rally again. Reply
  • commenter
    Oct 10 12:02 AM
    Crazy P/E Ratios [view article]
    i have 10300 shares of wb i hope your rite its real scary but i not lettig go i wish more people wopuld do the same!


    On Oct 09 12:51 PM davemcc3300 wrote:

    > Yikes: These low-PE company look like some of the best investments
    > out there right now ... including WB.
    Reply
  • commenter
    Oct 09 05:47 PM
    Crazy P/E Ratios [view article]
    CEG fell out of bed early September but I can't find any articles that explain what happened. Can anyone shed some light? Reply
  • commenter
    Oct 09 12:51 PM
    Crazy P/E Ratios [view article]
    Yikes: These low-PE company look like some of the best investments out there right now ... including WB. Reply
  • commenter
    Oct 09 08:59 AM
    Crazy P/E Ratios [view article]
    As GKW points out..

    Do not get excited, P/Es will rise all the way down and "Investment Groups" of many shades will scratch their heads.
    Reply
  • commenter
    Oct 09 12:02 AM
    Crazy P/E Ratios [view article]
    Just bear in mind that Warren Buffett just bought CEG... one of those companies with the highest YTD% drops... & the 2nd highest in the list of P/Es.

    Granted, he has enough cash to weather anything... but his goal is to make more cash.

    As for the world's involvment protecting us from droping into single digits... a broader market, a supposed greater spreading of risk, has made for a much more volitile situation. It seems to have enhanced the fear rather than containing it.
    Reply