Seeking Alpha

LonW

LonW
Send Message
View as an RSS Feed
View LonW's Comments BY TICKER:
Latest  |  Highest rated
  • Why AK Steel Can Sustain Its Newly Found Momentum [View article]
    Hope you are right.
    Dec 26, 2014. 01:09 PM | Likes Like |Link to Comment
  • General Electric Must Spin Off GE Capital [View article]
    General Electric (GE) spun off its consumer-lending arm to Synchrony Financial of which they own 85%.
    From Yahoo Finance: General Electric, which did not sell any share in the IPO, owns 85% of this company. The conglomerate’s share will come down to 83%, if an over-allotment option is exercised. Synchrony Financial will use the proceeds to repay its debt to GE Capital, the conglomerate’s financial arm.

    General Electric has touted the spin-off as part of a planned, staged exit from the financial business. This Zacks Rank #3 (Hold) conglomerate is expected to divest its own shareholding late next year in a tax-free distribution to its stockholders.
    They will give you an option to switch your GE stock for stock in Synchrony (SYF). Not a good trade IMHO.
    SYF comprises a healthy portion of the old GE capital but excludes most of the structured products and Business-to-Business (e.g. equipment financing) that got GE in trouble during the financial crisis. Synchrony is a focused on direct-to-consumer lending, an area that is seeing great growth and is getting healthy degree of focus in the financial markets. For example they handle financing for Lowes, and other consumer lenders like my company.
    Nov 29, 2014. 01:43 PM | Likes Like |Link to Comment
  • General Electric's Disappointing Performance Likely To Continue [View article]
    I believe that total is down to around 35% now.
    Nov 19, 2014. 12:23 PM | Likes Like |Link to Comment
  • General Electric's Disappointing Performance Likely To Continue [View article]
    IMHO little or none unless a lot of G.E. stock holders take the deal to swap their G.E. Shares for shares in Synchrony. IMHO I do not see that happening. Even then I think the most you would see would be a little bounce in the share price.
    Nov 19, 2014. 10:21 AM | Likes Like |Link to Comment
  • General Electric's Disappointing Performance Likely To Continue [View article]
    I agree they should have kicked Immelt to the curb.
    Nov 19, 2014. 10:17 AM | 1 Like Like |Link to Comment
  • General Electric's Disappointing Performance Likely To Continue [View article]
    Bothers me that the author has not tried to defend his position against comments like Richmondinvestor made. I bought GE when it was in the teens so I am happy, but I am not happy with Immelt and have voted against him and most of the board. Just yesterday an another author on Alpha published an article touting how great the stock was. I believe the stock holders are getting the shaft on the GE Capital deal.
    Nov 18, 2014. 01:00 PM | Likes Like |Link to Comment
  • Cramer's Mad Money - J.C. Penney Is Cheap But Who Cares? (11/13/14) [View article]
    Have agree Dapizz on this one.
    Nov 15, 2014. 11:51 AM | Likes Like |Link to Comment
  • Yum Brands' Pizza Hut: How Lock-In Causes Growth Stalls, Irrelevancy And Bad Results [View article]
    "Pizza should be thick and hearty, even served in a deep dish so you have plenty of bread and feel really full." Since when??
    Nov 15, 2014. 11:42 AM | Likes Like |Link to Comment
  • The Conditions Are Ripe For Value Investing With This Stock [View article]
    What do you think would happen to the value if they spun off the food service company. The stock went up earlier this year when there was talk about spinning off the food services from the crane business.
    Nov 4, 2014. 10:56 AM | 1 Like Like |Link to Comment
  • The Coca-Cola Company - Bye-Bye Buyer's Remorse [View article]
    I have had KO in my portfolio since the market down fall in 2008. Bought more before split, bought more after its last down turn to below $38.00 and will buy more if it goes down below $38.00 again. I am doing better than some damn bank or bond with KO. Now if had been smart I would have sold at $44 and waited, then bought back in at the current price or lower, but I can not foresee the future. If I could I would be a millionaire.
    Oct 24, 2014. 09:07 AM | 4 Likes Like |Link to Comment
  • Vote-counting time at Darden Restaurants [View news story]
    Never got my ballot.
    Oct 10, 2014. 02:28 PM | Likes Like |Link to Comment
  • Darden Issues Statement Following Report From ISS [View article]
    Add me to the board I would be a better choice than some of the people you have chosen.
    Sep 26, 2014. 11:04 AM | Likes Like |Link to Comment
  • Why Citigroup Will Double Over The Next 5 Years [View article]
    At the price I bought at I am already ahead, just hoping or more profit down the road.
    Sep 18, 2014. 04:07 PM | Likes Like |Link to Comment
  • Why Citigroup Will Double Over The Next 5 Years [View article]
    I hope you are right, I bought Citi in 2009 when they were in the crapper.
    Sep 16, 2014. 09:04 PM | 1 Like Like |Link to Comment
  • Starboard Value sets road map for Darden Restaurants [View news story]
    Sounds like they have some good ideas.
    Sep 12, 2014. 10:46 PM | Likes Like |Link to Comment
COMMENTS STATS
165 Comments
104 Likes