Why General Electric's Buyback Is A Raw Deal For Shareholders [View article]
Immelt brags so much about the restructuring since the '08 crash and having invested so much in overseas growth areas and buying back the high cost preferred stock! Where's the benefit for stockholders? I don't see much better numbers on the income statement and balance sheet. When do these changes start to show up in profits?
As for any incentive plans, I automatically vote "no".
If the author has no position in GE, what makes him worth listening to? GE always has a great story to tell about getting positioned in the global market for the future. So far, the only ones to benefit are the extremely well paid executives. Come on GE, show me the money, not just the talk!
General Electric: Besting Expectations, So What's Next? [View article]
Nothing new here. The stock buy back will end up in executives' pay plans one way or another. Stockholders would benefit only if the money is used for dividends. As for the wind energy subsidy, it comes from taxpayers and I am against it. I looked at the same info you rave about and don't see anything especially good. It appears GE is more or less tunning in place. Immelt brags a lot about all GE is doing but the financial numbers don't show much to me.
General Electric Valuation Suggests A Reality Check With A Warning [View article]
I like GE. I don't know if true, but I read the previous CEO, who was idolized, ensured earnings growth every year by not contributing to the retirement fund when the money was needed for earnings. Immelt had to spend several years making up this deficit in the fund.
The '08 crash showed up weaknesses in the then structure of GE and GE has been speeding up restructuring the company ever since to function better in this current world economy. Sixty percent of revenues - and growing - come from overseas and capital allocation remains flexible. Appliance manufacturing is moving back to the US. Aircraft engine parts are made in the US and shipped to where the final product is made. The same with locomotives going to South Africa which can move twice as much tonnage as the previous model. GE is making advances in wind power, solar power and oil/gas production.
The financial numbers should start to look better in 2012 and continue growing from innovations being constantly made.
It seems to me this is a good time to be in the loan business as loans are hard to come by for midsized companies. And GE Capital seems to be the most profitable part of the company.
Although Immelt has done a lot of restructuring, there hasn't been any reward for stockholders. The special dividend from GEC will probably end up in executive pay. Immelt's comments that GE is committed to raising dividends seems to be just talk as he has moved the company into more capital intensive and cyclical businesses. But GE appears to be a safe place to park a lot of money and get a 3.5% dividend.
My IRA is stuffed with high dividend stocks which don't grow but are fairly stable and pay 9% to 15%. GE is in my taxable account where I look for small or zero dividends. and some growth. GE has been disappointing but the market is rewarding the stock with a P/E of 15.6. I hope it starts to fulfill Immelt's vision soon but the global economy is slowing down and there appear to be tough times ahead.
Immelt has been CEO for ten years and his restructuring this huge international company is beginning to show results of his work. I predict the work of Immelt and his management team will show up in the financials starting this year and continuing for many years.
General Electric Is Carrying Out Its Strategy Efficiently [View article]
I own GE stock and I like GE. I regard it as a safe place to put some money and get a small dividend (3 1/2%). They are diversified into areas needed even as the world economy limps along. One drawback is that they are so large, growth will never be a lot. Still, the current estimate of 7% is very good for such a large company.
In a nutshell, GE offers safety with a reasonable dividend and growth.
American Capital: Surging NAV With More Upside Potential [View article]
I also got caught in the Wilkus bubble. I still have some stock I paid $45 for. I have averaged down to $22. I would much rather have dividends than the hot air about "value" so the next Wilkus crash will leave me with some cash as well as memories.
Annaly Capital (NLY) President Kevin Keyes doubles his stake in the company, picking up 100K shares today at a price of $13.90. It's the third insider purchase (I, II) in a week, but this one is the largest by a wide margin. Shares +1% AH. [View news story]
Keyes makes 7 mil a year, not 35 mil. Still a huge amount and he can well afford to buy the stock.
General Electric: At Least 24% Upside Potential [View article]
I'm still waiting for the investment in emerging global countries to hit the bottom line and especially my dividends. The '08 crash hit GE hard so "too big to fail" may not be appropriate. Immelt's 10 years as CEO has not been good for investors but the stock may be a safe place to park money currently and get a small dividend. I have taken tax losses on some high priced stock I bought years ago and bought back at lower prices.
With the global economy looking bearish, any growth in GE will be welcome in my view.
Strong Future Growth Prospects For General Electric; Skepticism Misplaced [View article]
Talking about how great the future will be does not make it so. I could just as easily talk about how poor it will be. What counts is results, not hopes about tomorrow. I'm waiting for the actual figures for the here and now. Obama is the king of HOPE. It doesn't belong in the market.
Why General Electric's Buyback Is A Raw Deal For Shareholders [View article]
As for any incentive plans, I automatically vote "no".
General Electric: Raising The Tempo Seems To Be The New Fad [View article]
Don't Underestimate GE Stock [View article]
General Electric: Besting Expectations, So What's Next? [View article]
General Electric Valuation Suggests A Reality Check With A Warning [View article]
The '08 crash showed up weaknesses in the then structure of GE and GE has been speeding up restructuring the company ever since to function better in this current world economy. Sixty percent of revenues - and growing - come from overseas and capital allocation remains flexible. Appliance manufacturing is moving back to the US. Aircraft engine parts are made in the US and shipped to where the final product is made. The same with locomotives going to South Africa which can move twice as much tonnage as the previous model. GE is making advances in wind power, solar power and oil/gas production.
The financial numbers should start to look better in 2012 and continue growing from innovations being constantly made.
GE: Wait On European Financial Crisis [View article]
GE Picks Right Time To Cut Finance [View article]
Although Immelt has done a lot of restructuring, there hasn't been any reward for stockholders. The special dividend from GEC will probably end up in executive pay. Immelt's comments that GE is committed to raising dividends seems to be just talk as he has moved the company into more capital intensive and cyclical businesses. But GE appears to be a safe place to park a lot of money and get a 3.5% dividend.
My IRA is stuffed with high dividend stocks which don't grow but are fairly stable and pay 9% to 15%. GE is in my taxable account where I look for small or zero dividends. and some growth. GE has been disappointing but the market is rewarding the stock with a P/E of 15.6. I hope it starts to fulfill Immelt's vision soon but the global economy is slowing down and there appear to be tough times ahead.
GE (GE) aims to double the number of its JVs in China to 56 in roughly five years. [View news story]
General Electric Is Carrying Out Its Strategy Efficiently [View article]
In a nutshell, GE offers safety with a reasonable dividend and growth.
American Capital: Surging NAV With More Upside Potential [View article]
Annaly Capital (NLY) President Kevin Keyes doubles his stake in the company, picking up 100K shares today at a price of $13.90. It's the third insider purchase (I, II) in a week, but this one is the largest by a wide margin. Shares +1% AH. [View news story]
GE Intrinsic Value At Least $31 Per Share, Siemens Worth $147 [View article]
General Electric: At Least 24% Upside Potential [View article]
With the global economy looking bearish, any growth in GE will be welcome in my view.
GE The Best Stock Among Peers [View article]
Strong Future Growth Prospects For General Electric; Skepticism Misplaced [View article]