General Electric (GE)

Re: General Electric (GE)

Postby winston » Mon Jan 08, 2018 10:31 pm

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Stock Is Going A Lot Higher In 2018
Jan. 4, 2018

by Victor Dergunov

Summary

GE finished the year down by 44%, one of its worst years on record.

The overly pessimistic sentiment has market participants greatly undervaluing the company.

The bad news is factored into the stock, and future news flow is likely to shift towards a more positive tone, suggesting higher prices are likely for the stock.

A breakdown of GE's business units implies the company's enterprise value is currently undervalued by at least 30%.

GE is likely to become the turnaround story of 2018, and the stock should be trading significantly higher a year from now.

Based on the underlying valuations, the company is currently undervalued by at least 30%. Therefore, I expect GE to become the turnaround story of 2018, and the stock should be trading significantly higher 1 year from now.

Source: Seeking Alpha

https://seekingalpha.com/article/413517 ... ngcom_feed
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Re: General Electric (GE)

Postby winston » Tue Jan 09, 2018 9:18 pm

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General Electric Drops Clues About Whether it Will Break Higher in January

Here's what GE needs to do to trigger a full-blown buy signal in January.

ByJonas Elmerraji

At this point, it's a little too early to say definitively which way this move is going to resolve.

The 50-day moving average has acted like a solid proxy for GE's parabolic downtrend all year long, and Monday's dip has put shares right above that 50-day level this week. GE bulls can consider taking a small position here -- but investors should wait for a material breakout above $19 to enter a full-sized position in GE.

On the flip side, $17.50 support is the do-not-cross line for GE to the downside. If that long-term support level gets violated, it's likely we'll see more sustained selling in GE in the early months of 2018.



Source: The Street

https://www.thestreet.com/story/1444109 ... nuary.html
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Re: General Electric (GE)

Postby winston » Fri Jan 12, 2018 2:14 pm

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GE has lots of good stuff going on — but it’s not enough to turnaround the company just yet (GE)

by Kimberly Chin

Despite some positive signs, Glynn still cut his 2019 earnings forecast because of the company's weak 2018 guidance and slow contract asset growth, which has prompted the company to introduce some cost-cutting measures, including job cuts.


Source: Business Insider

https://finance.yahoo.com/news/ge-lots- ... 00318.html
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Re: General Electric (GE)

Postby winston » Tue Jan 16, 2018 9:26 pm

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GE to take $6.2 billion charge in its finance arm

GE Capital unit expects to make statutory reserve contributions of about $15 billion over seven years.

Legacy insurance portfolio in run-off for more than a decade.


Source: Reuters

https://www.reuters.com/article/us-ge-r ... ser%20List
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Re: General Electric (GE)

Postby winston » Sat Jan 20, 2018 9:04 pm

Earnings Reports to Watch: General Electric

When Investors Should Start Buying General Electric Company (GE) Stock

It’s possible that no company reporting this week — or this month — needs a big quarter more than General Electric Company (NYSE:GE).

The stock has been in outright free-fall for close to a year now. It’s lost 46% of its value in the last twelve months, and was far and away the worst-performing component of the Dow Jones Industrial Average in 2017.

A brief rally as the year started was undercut by the disclosure of a $6 billion charge in the company’s long-term case reinsurance business.

But I still believe there’s value in GE stock. Optimism toward a potential breakup has dimmed in the wake of the reinsurance issues, but GE will have options to unlock value as 2018 goes on.

The leadership ranks should be refreshed under new CEO John Flannery. In fact, one of my 18 predictions for 2018 delivered to Breakout Stocks subscribers is that GE stock will rise 50% this year, thanks to those drivers.

For GE to rebound this year, it needs to post a strong showing with its Q4 report on Wednesday morning. And that’s not necessarily in terms of the numbers. Rather, GE needs to start rebuilding the confidence of investors — and Wall Street, which has turned on the stock with a vengeance.

That’s what makes this an important earnings report to watch.

The post-Q4 commentary isn’t going to focus on an earnings miss or beat. It’s going to focus on the plan going forward, and what General Electric is going to do to convince investors there isn’t yet another shoe waiting to drop.

GE stock has real potential, as bad as things look right now. It needs to take the first step toward realizing that potential on Wednesday.

Source: Investor Place
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Re: General Electric (GE)

Postby winston » Tue Jan 23, 2018 1:53 pm

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What we can learn from GE’s epic collapse

by Porter Stansberry

GE used its various subsidiaries to sell assets to generate “earnings” and make their numbers, quarter after quarter.

Today, its balance sheet stands precariously at four times debt to equity.


Source: Stansberry Digest

http://thecrux.com/the-final-domino-of- ... sis-falls/
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Re: General Electric (GE)

Postby winston » Wed Jan 24, 2018 12:48 pm

If You Still Own This Stock, Sell It

by Shah Gilani

The SEC charged GE with accounting fraud in 2009. It settled accusations of its “overly aggressive accounting” which was “false and misleading” for a whopping $50 million.

Immelt shouldn’t have spent $23.7 billion on share buybacks in 2015 and another $22 billion in 2016 as GE’s stock was falling, as its businesses were weakening, and as actual earnings were tanking.

GE’s pension covers 231,000 retired employees and is supposed to support the 242,000 employees the company still employs. It’s 30% underfunded (that’s $31 billion short) at present.


Source: Money Morning

http://dailytradealert.com/2018/01/23/still-stock-sell/
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Re: General Electric (GE)

Postby winston » Wed Jan 24, 2018 9:03 pm

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GE posts $10 billion loss as quarterly revenue drops 5 percent

(Reuters) - General Electric Co (GE.N) reported a 5-percent fall in revenue and a $10 billion loss for the fourth quarter on Wednesday, driven by an already announced $11-billion charge for insurance losses and taxes.

Source: Reuters

https://www.reuters.com/article/us-ge-r ... ser%20List
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Re: General Electric (GE)

Postby winston » Thu Jan 25, 2018 8:56 pm

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General Electric's SEC Probe Is a 'Headline Risk'

Chief Financial Officer Jamie Miller announced that GE is under investigation by the SEC after taking a $6.2 billion charge related to its insurance portfolio.

By Anders Keitz

Source: The Street

https://www.thestreet.com/story/1446126 ... ctric.html
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Re: General Electric (GE)

Postby winston » Wed Feb 07, 2018 11:42 pm

THIS DEBT-RIDDEN COMPANY IS FLOUNDERING

Today, we check in on one of Porter's often-repeated cautions...

Porter frequently urges his readers to look at a potential investment's debt load – and to avoid companies with high and mounting debts. These businesses have problems brewing beneath the surface. And when troubled companies can't pay off their debts... defaults follow.

A perfect example of this kind of downward spiral is industrial giant General Electric (GE)... Over the years, management has mortgaged GE's industrial assets – but not to reinvest in the company.

Instead, it was financing credit cards at high interest rates. Worse, it has repeatedly sold off these securities just in time to prop up its quarterly earnings.

Now, GE holds billions in financial assets of poor quality, financed by more than $130 billion in debt. And with a shrinking return on assets, this company has a world of trouble in store...

As you can see in the chart below, this has taken a toll. Over the past year, shares fell nearly 50%. They are now at multiyear lows. It's more proof that debt-ridden companies make dangerous investments...

Source: Daily Wealth
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