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  • Consider General Motors If It Comes Down Some More [View article]
    GM has decided to close the plant in Venezuela from July 1 this year. Whatever the hit it takes it would be non cash as in the case of Ford. the cash loss that GM suffers every month would be stopped. So I see as a positive thing and has nothing to do with GM in particular. The Sales in April in US was the best and the discount y/y down by 0.6%. With all said i am failing to understand the fall in price today, in partticular. I am sure there must be a very good reason for it but I am failing to find one.
    May 1, 2015. 11:41 AM | 1 Like Like |Link to Comment
  • Canada to exit GM stake, selling 73M shares to Goldman Sachs [View news story]
    I also thing a good buy by GS. Since the selling was made by Canadian Government to balance their own fiscal budget plus they are not interested in holding shares in private equity. So there should be no concern why they are selling. Another good news that GM China sales grew by 8% y/y. So positive growth rates in 2 biggest markets - USA and China in Q1 2015. Hopefully there would be good growth coming from EU as well - the third biggest market.
    Apr 7, 2015. 07:36 AM | 1 Like Like |Link to Comment
  • Major pullback by GM in Russia [View news story]
    I am not sure whether analysts have modeled in their EPS forecast for 2015. Normally analyst do not take into consideration extraordinary expenses and income in their forecast. If Pancap is correct, then they must have taken the likely payout to DOJ for ignition recall issue. People assume a payout of US$ 2 billion.
    Mar 19, 2015. 08:08 AM | Likes Like |Link to Comment
  • General Motors Keeps Moving Forward In Rough Waters [View article]
    I have noted so many negatives in the articles but it is still highly under valued. I am unable to understand.
    Mar 19, 2015. 06:13 AM | Likes Like |Link to Comment
  • Major pullback by GM in Russia [View news story]
    First negative impact of $o.37 per share in Q!. More to follow as a result of law suits and DOJ settlement. 2015 would be another year of meager EPS.
    Mar 18, 2015. 12:34 PM | 2 Likes Like |Link to Comment
  • Lumber Liquidators On The Radar As A Potential Value Play [View article]
    I agree to the comments. Its a sinking ship. Current price cannot be tied with previous growth rates or P/E ratio.
    Mar 17, 2015. 12:05 PM | 3 Likes Like |Link to Comment
  • General Motors: All Signs Pointing To A Strong 2015 [View article]
    There are signs that GM profitability be effected - appreciation of US$ is effecting competitive position against imported Japanese cars and European cars. Further when GM profits translated into US$ from world over companies would also decrease.

    Secondly the 3rd biggest car market for GM after US and China is Latin America which is in a downward slide.
    Mar 11, 2015. 09:27 AM | Likes Like |Link to Comment
  • Now Is The Time To Accumulate General Motors [View article]
    Let's see what is the state of car sales in South America and China. Do any one has latest figures to share?
    Mar 10, 2015. 07:59 AM | Likes Like |Link to Comment
  • General Motors: What More Do Investors Want? [View article]
    I think GM sales to be looked in the other big markets - China, Brazil, UK and Canada. Brazil seems to be killing this year and may effect profitability very negatively. The European sales may dampen the negative impact of lesser sales in Brazil, I feel.
    Mar 9, 2015. 09:22 AM | Likes Like |Link to Comment
  • GM Shareholders, Say No To Self-Nominated Board Member, Proposed $8 Billion Stock Acquisition [View article]
    I also disagree for dishing out huge amount for shares buyback. The impact on capital would be less than 5% and would hardly help in enhancing EPS. The dangers are the company would be at high risk if any unforeseen things happen. The DOJ settlement is yet the dark horse.
    Buy backs can be considered once the unfunded pension funds of over US$ 25 billion is paid in full.
    Feb 12, 2015. 02:24 PM | 1 Like Like |Link to Comment
  • Why Ford Motor And General Motors Are Really Undervalued [View article]
    Even with zero increase in Q1 2015, I forsee EPS of US$1. In Qi 2014, an expense of US$ 1.3 bn was provided for recall expense related to ignition switch. However, the worry of negative growth in January 2015 from China is a negative - above 2%.
    Feb 9, 2015. 08:01 AM | 1 Like Like |Link to Comment
  • General Motors: 3.6% Yield And 40%+ Upside Potential [View article]
    In November they planned to buy back all the US$ 3.9bn preferred shares with a loan. As I remember, they have were paying 9% on these shares. They incurred a charge of US$ 800 (learnt sometime in the last week of December 2014). This is the difference from market price and cost.
    Jan 29, 2015. 08:01 AM | 2 Likes Like |Link to Comment
  • General Motors: 3.6% Yield And 40%+ Upside Potential [View article]
    To judge any company, see their fundamentals. A strong US economy, reasonably good growth rate in China, Falling Euro rate would reduce the loss, the expense on recalls may come to half of 2014, no dividend payments on Preferred shares as all these have been purchased involving dividend payments and price difference, etc. So we can very easily can assume EPS of US$ 4 for 2015. January sales numbers to come soon and as estimated 19% growth year on year is foreseen.
    A negative could be payment of penalty to DOJ on ongoing inquiry. However, this would be one off expense.
    Jan 28, 2015. 02:50 PM | 2 Likes Like |Link to Comment
  • General Motors' 2014 Global Sales Were Great, But Europe Remains The Achilles' Heel [View article]
    I see 2015 much better than 2014 in terms of EPS. There would be less recall costs (estd for 2014 US$ 3 billion), no dividend payments on preferred shares as they stand nil at the end of 2014. The down fall in Euro would become a blessing in disguise for GM for European sales. The loss would decrease on exchange fluctuations and may sooner get to break even results. If some one can put the figures, one can be sure for 2015 results assuming zero growth rate in sales.
    In January 2015, it is expected car sales to be minimum 15% above year over year change. This figure is very conservative as the sales in 2014 was down primarily due to bad weather then.
    Jan 25, 2015. 02:06 PM | 3 Likes Like |Link to Comment
  • GM to take $800M charge in Q4 [View news story]
    Thanks Mark.

    Don't you think that they would increase EPS on common shares as their would be no preference share holders to share in Net Income?
    Jan 6, 2015. 08:08 AM | Likes Like |Link to Comment