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buybigtires

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  • Caterpillar Could Benefit from Worldwide Stimulus Programs [View article]
    CAT will eventually return to prominence. Commodities will have to make a significant comeback, in order for mines to invest in new equipment.

    Due to mine closure, there is significant value in the used equipment business, and it is available at fire sale pricing. Smart mines will be buying the used equipment, and only buy new when absolutely necessary.

    Until some of the old equipment is absorbed by the marketplace, I don't expect numbers to improve.
    Sep 28 03:47 PM | 1 Like Like |Link to Comment
  • Didn't Caterpillar Say Things Were Improving? [View article]
    I think they could be referring to at least some recovery in the metals markets. Their customer's(the mines) fortunes are improving slightly, and by association, so will CAT. I don't think it will be a massive recovery, but they may be significantly better off over the coming months than other businesses.
    Sep 2 11:04 AM | Likes Like |Link to Comment
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