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Engineer&Far

Engineer&Far
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CE, F, GE, GM, NUE, SPY
  • Ford Vs. GM: Where The Real Difference Lies [View article]
    XLS is a regular Ford 'smear' man. He's really the only non-credible guy doing this on Seeking Alpha, which makes him easy to ignore. Others have some info to add, which jives with other sources I read or have experienced. I have driven Buick Regals (GS - supercharged) and Ford F150's my whole adult life (61 years). They are both a couple thousand dollars less than comparable foreign brands, and have been highly reliable for me. The Buick will lose a power window around 100k to 120k miles, and the F150's spark plugs are a bitch to change. Other than that & brakes, they are comfortable, lovely vehicles to drive to 150k miles.
    Apr 22 05:09 PM | 2 Likes Like |Link to Comment
  • A Number Of Reasons Why I'm Staying Long On Shares Of Ford Motor Company [View article]
    Thanks Cbroncos, I hope you (and Ford) are right about sales not going down this year. If we started generating more jobs in our economy, that would certainly help auto sales! This is where the total number of people working (labor participation rate) is the most significant factor, I think, and it keeps going down. Worry.

    ps Go Bronco's
    Jan 16 02:03 PM | Likes Like |Link to Comment
  • 7 Reasons Why Ford Is My Favorite Long [View article]
    Good article, Proud American! Grateful, I'm in a similar position, with some 10's of thousands of shares. For the first time in years, I'm worried about 2014. If the new trucks aren't available until late 2014 or early 2015...the sales of existing models will drop a bunch. Combine that with all the other product launches this year, and it could hurt the stock badly. The dividend should stay intact, so we can weather the 2014 storm. Starting in 2015, I worry about a host of new auto plants being built in the US by foreign (Volkswagon - 2x, Toyota, etc) auto companies. If the World economy slides back into depression, that will pressure all the auto companies??? I'm planning to diversify, after a (hoped for) early 2014 pop.
    Jan 16 01:52 PM | Likes Like |Link to Comment
  • A Number Of Reasons Why I'm Staying Long On Shares Of Ford Motor Company [View article]
    GGGL, et al. I have another concern for 2014 I'd like opinion's on, as I'm holding a lot (for me) of Ford. Relative to the rollout of the new F150, I was surprised to hear that the new versions won't be available until the end of 2014. Couldn't that crush the sales of Ford's most profitable vehicle through 2014, as buyers wait for the "new and improved" model? Thanks for your inputs.
    Jan 16 01:25 PM | 1 Like Like |Link to Comment
  • American Made But Growth Is Overseas [View article]
    Reciprocal trade restrictions....I love it! With all the malarkey about manipulated currency, the fact that Japan individually inspects US made autos for safety (approx $12,000 each) and S Korea used to audit every taxpayer that bought a foreign car is where the real barriers are. We export essentially zero cars to these nations because of the non-tariff barriers, which can be changed constantly. Asians will keep playing this game until the US does something about it - I like the reciprocal Trade Restrictions idea. That said, the US is governed by dolts and/or lawyers who still think we can be a 'service economy' without preserving any 'dirty - ewhhh' manufacturing work. And so, the transfer of wealth will continue....
    Aug 26 10:46 AM | 4 Likes Like |Link to Comment
  • General Motors Vs. Ford: What's In The Cards For Their Future? [View article]
    This article is disingenuous. As has been stated countless times at Seeking Alpha, the $16 billion in Ford Credit debt is sound, and has a very low default rate. It is not "racially engineered" like mortgage debt. It makes money for Ford, it doesn't cost money like other debt categories. Please do not include this debt in financial evaluations of Ford. Exclude that debt, and Ford is clearly doing better than GM. Market share increase is critical, so long as the company is profitable. Roger Smith (the evil accountant) managed GM into bankruptcy by ignoring market share losses and giving into ridiculous Union demands for a decade or so...which destroyed their profitability. Ford has a technically grounded ex-aerospace guy in charge, while GM has non-technical government/union selected management. We'll see how this works out - my bet is on Ford!
    May 2 12:57 PM | Likes Like |Link to Comment
  • Modest European Improvement Could Propel Ford Higher [View article]
    Ryansdad, you are like a broken record on Ford...and now Boeing. Ford's closing of European plants came early and decisively - and not as a 'band-aid' solution. They saw that Europe was going seriously down hill while GM jawboned Opel and did nothing substantive as Europe slid. Who will stop their losses in Europe first? And where did you get the MPG comment on the Dreamliner? With its geared Turbofan Engine and Composite Frame it has between 17 and 20 % better fuel economy than any airplane it competes with. If you don't like being Fact Checked, please just stay on the Huffington Post.
    Apr 29 11:51 AM | Likes Like |Link to Comment
  • Ford's Turnaround Story Continues [View article]
    Ryan dan. So, let's get some numbers out there, as you suggest. By the way, I do own Ford, and it's working quite well for me....3% dividend, retired at age 55 with 150,000 shares bought at $2, and complete confidence that this stock will go to $20.

    Profit Margin (TTM): Toyota 3.5% GM 4.06% Ford 4.22%
    PE Ratio: Toyota 18 GM 10 Ford 9
    Return on Equity: Toyota 8% GM 16% Ford 36%

    Your unsubstantiated put-downs of Ford & Alan M.'s 'bandaids' just don't agree with my universe. I won't insult you, but I do hope you sold me your shares at $2 and that's why you're so bitter.
    Apr 18 02:12 PM | Likes Like |Link to Comment
  • Ford's Turnaround Story Continues [View article]
    Ryandan. You clearly have a political agenda, which would be better appreciated on the Huffington Post blog. Seeking Alpha is a business blog, with factual analysis favored over opinions, misinformation and name calling. Please switch back to Huffington or MSNBC, you'll have more fun 'preaching to the choir'.
    Apr 17 01:43 PM | 1 Like Like |Link to Comment
  • Ford Headed For Another Drop? [View article]
    Years ago I bought a brand new Audi Fox. Even though it had terrible reliability ratings at Consumer Reports, I had faith that the venerable Fox models would have had the bugs worked out. The cover on the sunroof panel was loose and hanging down on my head within a week. The dealer reglued it, but told me the Audi supplied glue didn't work very well. He was right. The car quit running on a mountain drive...which turned out to be a jammed electric fuel pump. I tore it apart, and found a spalled piece of metal that had fatigued off and gotten jammed in the tight rotor clearance (bad heat treat and/or stress analysis) This happened within a year. After about 3 years,(40,000 miles) I noticed I was using oil and blowing it out the pipes. The local Audi service man told the valve guide seals go out on all these engines around 40,000 miles and I needed a 'redesigned' engine for around half the worth of the car. I sold it to a nice young lady who (like yourself) was looking for 'German engineering'. Somehow, I don't feel guilty....
    Mar 9 09:59 AM | 4 Likes Like |Link to Comment
  • New Data Illustrates Ford's Future Growth [View article]
    RyanDan. Asserting poor Ford quality, but with vague zero detail blogging is a very suspicious activity. The kind of thing that a GM or Toyota dealer might try with one comment on a business blog site. His/her inability to provide any response - when notified that more comments have been registered means that comment deserves no credibility.

    ps Consumer Reports has low credibility with me, also. The ratings frequently don't match the data, if you take the time to study both. Forbes auto reliability reports, EPA testing and my direct experience with various vehicles has creds with me.
    Feb 19 09:50 PM | Likes Like |Link to Comment
  • New Data Illustrates Ford's Future Growth [View article]
    It appears Angel has Flown the coop! Details are hard to provide when you have made something up....
    Feb 16 10:52 AM | Likes Like |Link to Comment
  • New Data Illustrates Ford's Future Growth [View article]
    I agree that it's been done, but as an add on. The CNG tank takes up all a cars trunk space or part of a trucks bed space. If the car/truck were designed to have a large CNG tank where the gas tank is now - a better vehicle would result (easier to sell). And of course the fracking boom is changing the economics as we speak.
    Feb 12 09:56 AM | Likes Like |Link to Comment
  • New Data Illustrates Ford's Future Growth [View article]
    I'd like to see them use some cash to expand their lead in Compressed Natural Gas powered vehicles. Partner with some folks to coordinate the infrastructure buildup...etc. They have designed some excellent electric hybrids, but it seems Electric is going to sell slowly until someone engineers a better battery. (I still am baffled how slowly sales of the Volt (GM) are going after all the environmentalist hype we've had to endure. What are the legions of US Greenies buying? Vehicles from the formerly fascist Volkswagon and Toyota?) Leap forward in natural gas, be the first and profit accordingly.
    Feb 11 01:42 PM | 1 Like Like |Link to Comment
  • Ford: Dark Clouds For The Blue Oval [View article]
    Hey prof, your last comment was the defining one. The end of European style socialist-democracy is nigh. I say good riddance. When Unions and Government Beaurocrats are the primary decision makers in a economy.....well look what happens. One generation of Europeans has benefited greatly by this experiment (yours), but they have mortgaged at least the next generation's job possibilities. Maybe this is why Europeans have so few children - guilt?
    Jan 31 12:20 PM | 1 Like Like |Link to Comment
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