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chongkim74

chongkim74
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  • The Time To Hedge Is Now! April 2015 Update [View article]
    NExt recession???!!! Well I hope its not within 5 years. lol
    Apr 27, 2015. 11:30 PM | 1 Like Like |Link to Comment
  • Virgin America - A Good Business Model Built For Long-Term Success [View article]
    You guys got one thing right…the rising oil prices will trickle down to the end consumer but not to the true net profits gains, which they either "hide it" or spend it on improvements. We will get affected first then lastly the airlines…its like any other retail with rising prices vs. purchasing quantities to save more for the retailers…the distributors (airlines) won't truly be hit with oil prices…they will make what they need to make…and even with the rising oil prices, it is still low compared to before OPEC started to flood the market…all illusions to justify to consumers why we have to hike the price…in the end we need to take the plane and theres nothing we can do about it.
    VA is undervalued by the % of growth and profit taking, which I think its a good indicator on how well the company is doing..VA is not expanding as fast, however I believe this is them playing it safe and securing their main routes…more airplanes = more seats = more connecting/transferring flights…Yes yes yes…but I think VA is trying to create a more solid base like Alaska airlines for now…if you're a passenger within their main routes, you will notice the price difference, but further more you will notice how "better" it is when you get on the plane.
    I think VA hit bottom and there's excellent room for big ROI. VA can also be a take-over target and Im fine with it as well.
    Talk all you what guys, Im solid with this one…leaving my money at least end of this year. Gl, all. Happy bidding.
    Apr 27, 2015. 08:58 PM | Likes Like |Link to Comment
  • Update On Virgin America [View article]
    COme on VA…MAy is coming up, baby! DO your thang. People need to get back home from school, vaca time, retailers are going out on June…people are all in transit.
    Apr 27, 2015. 12:01 PM | Likes Like |Link to Comment
  • Cree -10.7% AH; gross margin drop takes a toll on EPS [View news story]
    ANYBODY know when the cree and HD exclusivity contract ends?! Thank you..
    Apr 27, 2015. 11:49 AM | 1 Like Like |Link to Comment
  • I Am Holding My General Electric Shares And Intend To Add To The Position [View article]
    Update: Sold half my shares of GE today. Took some profits off the table. Waiting for war to happen with Isis…good for GE.
    Apr 21, 2015. 10:48 AM | 1 Like Like |Link to Comment
  • Cree promises 30% performance gain with new LED lighting modules [View news story]
    Just laid some greens on this led/solar tech for the earnings. Bigger reward than risk. Perform just like last QE and surprise the crap outta of Cramer once more...
    Apr 21, 2015. 10:29 AM | Likes Like |Link to Comment
  • I Am Holding My General Electric Shares And Intend To Add To The Position [View article]
    Happy you got rid of GE..I know how it feels to hold on to something and it does nothing. Gl.
    Apr 20, 2015. 04:56 PM | 1 Like Like |Link to Comment
  • I Am Holding My General Electric Shares And Intend To Add To The Position [View article]
    General Electric Company (GE)
    Following its initial spike higher, GE stock has languished since the company announced the divestiture of most of its GE Capital unit. The company reported earnings last week that were largely ineffectual in moving the stock, with GE shares continuing to pullback to potential support near $27. Earnings were largely in line with expectations on Friday, but revenue fell well short of the mark.

    Furthermore, GE failed to provide any significant updates on guidance, leaving investors no choice but to hold their positions for the time being.

    Options activity remained consistent with last week’s brisk pace, as 198,565 contracts traded on GE stock. Furthermore, bullish sentiment also appeared to hold up, with 72% of Friday’s volume crossing on the call side. Taking a closer look, we find peak call open interest at the out-of-the-money monthly May $29 call strike, where 111,903 contracts are currently open. Peak put open interest meanwhile, is a pittance in comparison, totaling 20,475 contracts at the May $27 strike.
    Apr 20, 2015. 04:55 PM | 1 Like Like |Link to Comment
  • Hertz Global higher after Morgan Stanley takes off sell signal [View news story]
    Hertz has until September to fix its filing delinquency
    According to Hertz, it has until September 17, 2015 to fix its filing delinquency related to its 2014 Form 10-K. The NYSE has the option to extend the initial cure period for up to six months after the September 17 deadline.
    Apr 20, 2015. 04:48 PM | Likes Like |Link to Comment
  • I Am Holding My General Electric Shares And Intend To Add To The Position [View article]
    Earnings Growth in Aviation, Transportation and Healthcare Responsible for Overall Industrial Growth

    The aviation sector showed robust growth in Q1 2015 as oil prices continued to remain low through the quarter. Orders at GE’s aviation segment were up 36% in the quarter, driven by over 2x growth of 64% in commercial engine orders on a year-over-year basis. Revenues witnessed a slight decline of 2%, primarily driven by lower military equipment revenue and fewer shipments of the GEnx commercial engine shipments. [2] The decline in GEnx shipments was attributable to certain supply-chain disruptions and the delayed units are expected to be shipped out in Q2 2015 as these disruptions have been remediated. Despite the fall in revenues, overall segment profits increased by an impressive 18%, partially supported by the lower costs incurred due to fewer GEnx shipments. [1]

    In 2014, GE took 1,355 locomotive orders positioning itself for record shipments in 2015. [4] The impact of this was visible in Q1 2015 as the transportation segment witnessed a 7% increase in revenues and a significant 11% increase in profits. [1] Transportation orders in the quarter were down 38% on a year-over-year basis. However, this should not be a point of concern to investors as it was primarily due to a large South Africa locomotive deal in Q1 2014 that was not repeated in Q1 2015. The division continues to have a strong backlog with 1,200 locomotive orders at the end of the quarter, half of which is expected to be shipped out through the remainder of this year. ((General Electric’s (GE) CEO Jeff Immelt on Q1 2015 Results – Earnings Call Transcript, Seeking Alpha))

    The healthcare segment witnessed a 1% fall in orders taking into account the impact of foreign exchange. Organically, the segment saw a 4% rise in orders in Q1 fiscal 2015. Total segment revenues were down 3%, but up 2% excluding the impact of foreign exchange effects. [2] The segment saw a 3% increase in profit, driven by cost-controlling initiatives undertaken by the segment. [1] The company expects to witness earnings growth in this segment through the year driven by orders growth from China, and with strong cost-controlling initiatives in place.

    The oil and gas segment was a drag on overall industrial segment revenues and profit. The segment show deteriorated revenues and profits with crude oil prices showing no substantial recovery through the quarter. However, the company continues to limit bottom-line impact of the industry slowdown by taking up headcount reduction and proactive restructuring decisions to keep costs low.

    Growth from aviation, transportation and healthcare raised GE’s overall backlog to a record $263 billion at the end of Q1 2015. [1] Strength from aviation, transportation and healthcare segments gives us confidence that GE will continue to grow its results through 2015, despite weakness in its oil and gas business. At the end of Q1 2015, the company is on track to achieve its target of $1.10-$1.20 for industrial earnings per share. [5]

    Smaller GE Capital Slowed Down Overall Growth

    Growth driven by industrial segments was tempered by falling revenue and profit from GE’s financial arm, GE Capital. In the three months ended March 31, 2015, revenue from GE Capital fell by 39%. [1] This is because GE is steadily reducing the size of GE Capital to become an industrially-focused company. One of the impacts of reducing GE Capital will be losing out on significant tax breaks. GE Capital has helped GE lower its effective tax rate in the past. While in 2014 GE’s effective tax rate was around 10%, it moved up to 23% in Q1 fiscal 2015. [6] [2] This should not be a concern for investors, however, as it is in line with other industrial companies. From a long-term perspective, we figure a smaller GE Capital is good for GE, as it will reduce GE’s vulnerability to future shocks to the global financial market.
    Apr 20, 2015. 04:39 PM | 5 Likes Like |Link to Comment
  • I Am Holding My General Electric Shares And Intend To Add To The Position [View article]
    I thought Alstom purchase was a fair price given they were not doing good for a while. GE's been influential in France concerning their jobs number. Its transportation/locomotive plus electric turbines/renewable energy, plus years of overhaul income…I don't think antitrust laws will prohibit this deal. Lets see around early July.
    Apr 20, 2015. 04:37 PM | 5 Likes Like |Link to Comment
  • Tricks To Invest Wisely - Cramer's Mad Money (4/17/15) [View article]
    Ahh..he got married..Good for him. He's good in my book. If you follow his portfolio, he's not doing bad at all.
    Apr 20, 2015. 04:26 PM | 3 Likes Like |Link to Comment
  • I Am Holding My General Electric Shares And Intend To Add To The Position [View article]
    @Newell,

    If being concerned about your ROI is considered scarecrows and ghouls, then call me that..Im holding this for many reasons: defense, healthcare, investments, energy, 800K insider purchase. Gl!
    Apr 20, 2015. 04:25 PM | 3 Likes Like |Link to Comment
  • I Am Holding My General Electric Shares And Intend To Add To The Position [View article]
    ?
    Apr 20, 2015. 04:16 PM | 2 Likes Like |Link to Comment
  • I Am Holding My General Electric Shares And Intend To Add To The Position [View article]
    lol…no. I plan to cash them out higher than what people cashed out with the news recently…Mr. rgperrin, well catch up later (Summer time) where this stock is going…in the meantime, take a look at GE defense and energy…can you please tell me why you do not like GE?
    Apr 20, 2015. 04:16 PM | 7 Likes Like |Link to Comment
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