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F150 Man

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Yes it could be worse you could own some GM shares that are trading at 1955 prices.

http://www.cnbc.com/id/25385671

 

What is scary is that for just 6.5 Billion dollars you could buy the 3rd largest company in the U.S. Ford's market cap is nearly double, plus has the protection of the Ford Family.

 

The Questions is "Will GM be the target of a takeover?" Think some Russian or Middle Eastern Company could easily walk away with it and reap tremendous rewards come 2010 when both the UAW contract savings come in.

 

Also GM still pays a Dividend of $1.00 per share! (this will need to go away soon)

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What is scary is that for just 6.5 Billion dollars you could buy the 3rd largest company in the U.S. Ford's market cap is nearly double, plus has the protection of the Ford Family.

 

The Questions is "Will GM be the target of a takeover?" Think some Russian or Middle Eastern Company could easily walk away with it and reap tremendous rewards come 2010 when both the UAW contract savings come in.

 

Also GM still pays a Dividend of $1.00 per share! (this will need to go away soon)

 

It's not quite that simple. A stock purchase of that magnitude would need to be approved by the SEC....which likely wouldn't happen.

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It's not quite that simple. A stock purchase of that magnitude would need to be approved by the SEC....which likely wouldn't happen.

 

Not if every group involved was under the 5% so you end up with a hidden takeover, it has been done before, you can announce after you have purchased the stock as well. The Problem is that the volume would raise the value of the stock, so you make an offer of 8 billion after you have purchased the 5% at lower levels.

 

Hell buy it with their own money, as some corporate take overs have been done in the past.

 

It is far fetched but there are boards around the world looking at it.

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Not if every group involved was under the 5% so you end up with a hidden takeover, it has been done before, you can announce after you have purchased the stock as well. The Problem is that the volume would raise the value of the stock, so you make an offer of 8 billion after you have purchased the 5% at lower levels.

 

Hell buy it with their own money, as some corporate take overs have been done in the past.

 

It is far fetched but there are boards around the world looking at it.

 

They can look at it all they want....but any potential mass stock buy is going to be scrutinized pretty heavily, whether it's from one buyer or a hundred.

 

Of course, the question to be asked would be why the hell anyone would WANT to buy a company in the mess GM is in?

Edited by NickF1011
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They can look at it all they want....but any potential mass stock buy is going to be scrutinized pretty heavily, whether it's from one buyer or a hundred.

 

Of course, the question to be asked would be why the hell anyone would WANT to buy a company in the mess GM is in?

 

The Chinese might like it as a "lift and shift" job....

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They can look at it all they want....but any potential mass stock buy is going to be scrutinized pretty heavily, whether it's from one buyer or a hundred.

 

Of course, the question to be asked would be why the hell anyone would WANT to buy a company in the mess GM is in?

 

Buy for 10 billion, go bankrupt, reorganize, lose all legacy costs, close plants, open up your UAW contract tell them to get bent if they don't like what your offering, off shore 3/4 of the company where they do make money. Setup new company so when you come out you still have a majority stake, The small share holders, UAW, and Credit lines get fucked. And you make Billions.

 

The Chinese would love to buy GM -- they are still the biggest car company in the world, that would raise their county moral even higher! They own one of the largest U.S. ever!

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Buy for 10 billion, go bankrupt, reorganize, lose all legacy costs, close plants, open up your UAW contract tell them to get bent if they don't like what your offering, off shore 3/4 of the company where they do make money. Setup new company so when you come out you still have a majority stake, The small share holders, UAW, and Credit lines get fucked. And you make Billions.

 

The Chinese would love to buy GM -- they are still the biggest car company in the world, that would raise their county moral even higher! They own one of the largest U.S. ever!

 

raise cash and hunker down....i would still be buying mutual funds ($50 to 100 bux a month investment) and stocks (hell by 100 shares of ford for 500bux you may get lucky) at these fire sale prices...when the financials turn around you are going to have a very nice nest egg....here is some trivia for those who refuse to believe in a major pattern shift amongst americans....USA=25 barrels of oil per person....china=2 barrels of oil per person....india=1 barrel of oil per person...all are per year use....so may be you can see that the economic turnaround is going to take some time..we have to rethink our habits and do we really need to take the expedition 1 block to the quickie mart to buy a slurpy sorta thingy..personally i am not against putting curbs on the oil speculators...our biggest problem right now is however personal debt....until that is corrected by individuals things are going to be slow..for all

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INVESTING FOR YOUR RETIREMENT:

 

If you had purchased $1000.00 of Nortel stock, it would now be worth $49.00.

 

with Enron, you would have had $16.50 left of the original $1,000.00.

 

with WorldCom, you would have had less than $5.00 left

 

But, if you had purchased $1,000.00 worth of Beer one year,

drank all the beer, then turned in the cans for the aluminum recycling REFUND, you would have had $214.00.

Based on the above, current investment advice is to

drink heavily and recycle.

 

It's called the 401-Keg Plan :shades:

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You know the funniest thing about this thread?

Wall street is not awash with any Ford or GM take over or merger rumors.

The only people talking hostile take overs and Chapter 11 bankruptcy are web blogs.

 

Wall street likes what is going on - Detroit is being called to change its ways and they're doing it!!

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INVESTING FOR YOUR RETIREMENT:

 

If you had purchased $1000.00 of Nortel stock, it would now be worth $49.00.

 

with Enron, you would have had $16.50 left of the original $1,000.00.

 

with WorldCom, you would have had less than $5.00 left

 

But, if you had purchased $1,000.00 worth of Beer one year,

drank all the beer, then turned in the cans for the aluminum recycling REFUND, you would have had $214.00.

Based on the above, current investment advice is to

drink heavily and recycle.

 

It's called the 401-Keg Plan :shades:

 

The latter seems the best pension option to me Ron.

 

But this guy brought a Mustang for $2,995 back in 1967, it is now worth $159,500.

http://www.investmentmotorcars.net/invento...350h/detail.htm

 

Had he made the mistake of buying a Toyota at the time would have end up with pile of red rust crushed into a 2ft square piece of scrap metal about 30 years ago, all he would have been left with would be $25 for the scrap metal at the most.

Edited by Ford Jellymoulds
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Buy for 10 billion, go bankrupt, reorganize, lose all legacy costs, close plants, open up your UAW contract tell them to get bent if they don't like what your offering, off shore 3/4 of the company where they do make money. Setup new company so when you come out you still have a majority stake, The small share holders, UAW, and Credit lines get fucked. And you make Billions.

 

The Chinese would love to buy GM -- they are still the biggest car company in the world, that would raise their county moral even higher! They own one of the largest U.S. ever!

 

One thing you are forgetting....

 

There's likely a HUGE chunk of GM customers who buy them BECAUSE they are an American company. Let some foreign firm buy them and see where those "domestic-only" customers run to.

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But this guy brought a Mustang for $2,995 back in 1967, it is now worth $159,500.

http://www.investmentmotorcars.net/invento...350h/detail.htm

 

Had he made the mistake of buying a Toyota at the time would have end up with pile of red rust crushed into a 2ft square piece of scrap metal about 30 years ago, all he would have been left with would be $25 for the scrap metal at the most.

 

 

 

yeah, what he said

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The latter seems the best pension option to me Ron.

 

But this guy brought a Mustang for $2,995 back in 1967, it is now worth $159,500.

http://www.investmentmotorcars.net/invento...350h/detail.htm

 

Had he made the mistake of buying a Toyota at the time would have end up with pile of red rust crushed into a 2ft square piece of scrap metal about 30 years ago, all he would have been left with would be $25 for the scrap metal at the most.

 

Depends on the Toyota. A well-kept Toyota 2000GT is worth quite a bit these days.

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