stephenson
Thinks s/he gets paid by the post
- Joined
- Jul 3, 2009
- Messages
- 1,612
Looking at fundamentals, I can't see why Ford is getting beaten up so badly ... isn't the dividend pretty tempting?
Nope, no split - this pig was $9 in 80's. Skyrocketed to almost $38 in 1999, then the boom! Only ones who still value this pig are those who managed to buy it for $1.45 in 2008. Was up to $19 in 2011 and under $11 today, what a dog. Only benefit is dividend paid out of 5.5% currently.I was thinking of when to buy a car, not the stock... and I would also say never... I had Ford products... they have always been bad to me.... always...
Because of this I would never buy the stock... maybe there has been a split or something (just checked, there has been)... but back in the '80s one of my employees kept talking how F was going up and up... that was back when it was selling about $9.... it is now just under $11.... not a great growth over that long of period...
In my opinion, never. This company has failed to deliver value to the shareholder for years. Any good news is offset with future bad news. This dog has under performed GM by a mile, and Fiat/Chrysler has pounded them big time due to growth. This company lacks meaningful vision and the stock performance reflects that. Nothing changed with new management as it's still has Ford family oversight. $8 is likely price on this pig.
Yes, I wasn't looking at the lifetime of the stock, but the last few years, comparing the last 2 years for GM and Fiat/Chrysler to Ford's performance. The strength of Ford to weather the time when GM and Chrysler when BK gave me confidence that this company could do well, they have proven me wrong.Not sure I agree with this. Ford didn't go bankrupt while GM and Chrysler did.
Um, how'd ya calculate 6.85%? 15 cent quarterly dividend is 5.6%.From what I understand, my wife bought several thousand shares today at $10.75 to get that 6.85% divy. At 36 she has a looong time horizon and they will likely be selling flying cars by the time she sells!
Gene Fama would off the efficient market hypothesis to you and in general I believe it is correct over the long run: https://www.investopedia.com/terms/e/efficientmarkethypothesis.aspLooking at fundamentals, I can't see why Ford is getting beaten up so badly ... isn't the dividend pretty tempting?
10-15 years is a lifetime - in that time we'll all be in flying cars. Just as much of a chance of that happening as seeing self driving cars. Do you honestly see self driving cars replacing people's personal vehicles? No way. People have for decades had access to just call a car, it's called a taxi. Uber only changes the dynamics on pricing/rates. Self driving may help to lower the cost further, but won't have people abandoning the want and need for personal car. People don't want to wait for a car to show up. People still need to travel more than 10-20 miles at a time. At best, maybe people who have more than one car can do with fewer cars, but I don't see cars going away.Auto production through out the world will plummet between electric cars and self driving UBER cars. The only people that will be buying cars in 10-15 years will be the very rich or people in very rural areas. Kind of like the people who own horses today vs who had horses in 1800's.
I am thinking about shorting the whole complex in about 5 years.
Don't care about cyclical nature, or rather greatly discount that for a long term investment. When Ford drops over past 3 years and GM and Fiat/Chrysler go up that's not due to cyclical sales. Instead it highlights how poor Ford stock is for an investment. Management does exude much confidence either.Auto stocks are cyclical, and down cycle is front and center. F has been trading in a band, and don't expect to make much on it with growth. The dividend has been nice, but I'd wait for $10 a share. Too much uncertainty, and just downside in the future.
Um, how'd ya calculate 6.85%? 15 cent quarterly dividend is 5.6%.
Can't count on that every year, they paid for last 3 years a little bump, but prior to that went many years without it at least up to 2006 after they cut dividend to a nickle/qtr. Supplemental was a whole nickle last year.I just bought some F the other day in my mad money account. Ford has also paid a special dividend the last few years, juicing that %.
At best, maybe people who have more than one car can do with fewer cars, but I don't see cars going away.
Perhaps electric cars will be mainstream, but it's still a car with only the power plant replaced, someone still needs to build them.
I have recently bought some - at $10.35 .... thought the dividend was worth getting , vs having "cash" sitting about. Not expecting any big movements in either direction in the short term .... famous last words ! (Did NOT make a large investment ... would consider buying some more if it goes to single figures ?)