fordmantpw Posted October 23, 2020 Share Posted October 23, 2020 I fully expect the dividend to come back soon. If earnings are well enough, maybe even a special as they've done in the past. 2 Quote Link to comment Share on other sites More sharing options...
fuzzymoomoo Posted October 23, 2020 Share Posted October 23, 2020 7 hours ago, silvrsvt said: Wasn't this a temporary thing with COVID? If they don't resume it next year, you may have a point. It was. They had to do it since they had ZERO income coming in. Quote Link to comment Share on other sites More sharing options...
FordBuyer Posted October 23, 2020 Share Posted October 23, 2020 5 hours ago, fordmantpw said: I fully expect the dividend to come back soon. If earnings are well enough, maybe even a special as they've done in the past. There will be no dividend until Covid is under control, and that won't happen until at least sometime next year or even later. In the meantime, expect more shutdowns because of excessive absenteeism as winter kicks in. 1 Quote Link to comment Share on other sites More sharing options...
HotRunrGuy Posted October 23, 2020 Share Posted October 23, 2020 16 minutes ago, fuzzymoomoo said: It was. They had to do it since they had ZERO income coming in. 34.3 BILLION in revenue in the 1st quarter isn't exactly ZERO income coming in. HRG Quote Link to comment Share on other sites More sharing options...
fuzzymoomoo Posted October 23, 2020 Share Posted October 23, 2020 8 minutes ago, HotRunrGuy said: 34.3 BILLION in revenue in the 1st quarter isn't exactly ZERO income coming in. HRG Covid shutdown hit happened mostly during the second quarter. There was only like 2 weeks left in the first quarter when it started. 1 Quote Link to comment Share on other sites More sharing options...
mackinaw Posted October 23, 2020 Share Posted October 23, 2020 5 hours ago, fordmantpw said: I fully expect the dividend to come back soon. If earnings are well enough, maybe even a special as they've done in the past. Just a guess on my part, but I don't see Ford resuming its dividend until they are profitable for several quarters. Maybe early 2022? Again, just s guess. 1 Quote Link to comment Share on other sites More sharing options...
HotRunrGuy Posted October 23, 2020 Share Posted October 23, 2020 5 minutes ago, fuzzymoomoo said: Covid shutdown hit happened mostly during the second quarter. There was only like 2 weeks left in the first quarter when it started. But they suspended the dividend in the 1st quarter, mid-March. 19.2 billion in revenue in Q2, ended Q2 with 39 billion in cash, after re-paying 7.7 billion toward credit lines. HRG Quote Link to comment Share on other sites More sharing options...
fordmantpw Posted October 23, 2020 Share Posted October 23, 2020 1 minute ago, HotRunrGuy said: But they suspended the dividend in the 1st quarter, mid-March. 19.2 billion in revenue in Q2, ended Q2 with 39 billion in cash, after re-paying 7.7 billion toward credit lines. HRG They were planning for the worst, therefore the suspension of the dividend. The exact date doesn't really matter...they could see what was coming and decided to be proactive. 2 Quote Link to comment Share on other sites More sharing options...
probowler Posted October 23, 2020 Share Posted October 23, 2020 (edited) 32 minutes ago, fordmantpw said: They were planning for the worst, therefore the suspension of the dividend. The exact date doesn't really matter...they could see what was coming and decided to be proactive. Which is smart. No future dividends or stock value if the company goes out of business. Edited October 23, 2020 by probowler 2 Quote Link to comment Share on other sites More sharing options...
mackinaw Posted October 23, 2020 Share Posted October 23, 2020 3 minutes ago, probowler said: Which is smart. No future dividends or stock value if the company goes out of business. Exactly. As long as they feel they need the extra cash, they won't be paying a dividend. Best I can tell, dividends can run into the billions. 1 Quote Link to comment Share on other sites More sharing options...
fuzzymoomoo Posted October 23, 2020 Share Posted October 23, 2020 1 hour ago, HotRunrGuy said: But they suspended the dividend in the 1st quarter, mid-March. 19.2 billion in revenue in Q2, ended Q2 with 39 billion in cash, after re-paying 7.7 billion toward credit lines. HRG They announced the dividend was suspended the following day after manufacturing was shut down, and that was March 18th if I'm not mistaken. Perhaps saying zero income was hyperbole on my part since not every state had new car sales completely shut down and people were still paying on existing loans/leases if they could. Quote Link to comment Share on other sites More sharing options...
Captainp4 Posted October 25, 2020 Share Posted October 25, 2020 I've made about 42% on mine. X plan is nice to have in my pocket if I ever decide I want a brand new vehicle, even though I haven't done that since 2006.. and I figure the dividend will come back eventually. Not hurting anything for the money to sit there. Quote Link to comment Share on other sites More sharing options...
probowler Posted November 25, 2020 Share Posted November 25, 2020 Big rally over the last 2 days... inching towards $10. I wonder where the ceiling is? Quote Link to comment Share on other sites More sharing options...
mustang84isu Posted November 25, 2020 Share Posted November 25, 2020 I was pretty negative toward Ford earlier this year, but ever since Jim Hackett was replaced with Jim Farley feels like the ship is finally turning around. I haven't added to my existing position, but the last couple weeks I have thought about picking up another couple hundred shares to bring the cost basis down a little. However, with an RSI at 75 right now Ford shares are a little rich and I'm waiting for another pullback. Seems to be a lot of support around the $8.75 level, which might be a better entry point. Quote Link to comment Share on other sites More sharing options...
FordBuyer Posted November 25, 2020 Share Posted November 25, 2020 Don't forget Covid guys. Covid is running rampant in Chrysler's Sterling Height plant and workers want it shut down, claiming management is hiding the problem. After the holidays, Covid is only going to get worse. Look for plants to shut down. Only takes a couple supplier plants. I'm out of the stock market until Covid is under control. Quote Link to comment Share on other sites More sharing options...
Gurgeh Posted February 4, 2021 Share Posted February 4, 2021 Worth revisiting this old topic with so much recent movement in F, in which a Morgan Stanley analysts statement that the new Ford/Google partnership could end up doubling Ford's market capitalization. Quote: "Morgan Stanley analysts led by Adam Jonas said this alliance has the potential to double Ford's market capitalization to nearly $100 billion, or $25 per share before discounting. In a note to clients, Jonas applied a 20x EV/EBITDA multiple to the Dearborn, Michigan-based company. "To date, Ford has around 75 million vehicles on the road across the world. According to Jonas, if each vehicle could just generate $10 a month of data subscriptions, this would create around $9 billion in recurring revenue. He also calculated a $5 billion yearly profit by applying a 55% EBITDA margin. "Morgan Stanley recently downgraded Ford to Underweight, reiterating its $9 price target. However, the investment bank believes the company's partnership with Google "is a step in the right direction" and will help achieve its $18 bull case." https://markets.businessinsider.com/news/stocks/ford-stock-price-could-surge-on-data-subscriptions-morgan-stanley-2021-2-1030038296 Quote Link to comment Share on other sites More sharing options...
probowler Posted February 4, 2021 Share Posted February 4, 2021 As an investor, I love this. As a human being, I hate it. I'm not about big corporations selling our private data. 2 Quote Link to comment Share on other sites More sharing options...
probowler Posted February 4, 2021 Share Posted February 4, 2021 You guys think F goes up or down after the earnings report comes out tonight? Quote Link to comment Share on other sites More sharing options...
rmc523 Posted February 4, 2021 Share Posted February 4, 2021 18 minutes ago, probowler said: You guys think F goes up or down after the earnings report comes out tonight? Flip a coin lol. Seems like half the time there's a good report and it goes down, and then there's a bad report and it goes up. 1 Quote Link to comment Share on other sites More sharing options...
HotRunrGuy Posted February 4, 2021 Share Posted February 4, 2021 19 minutes ago, probowler said: You guys think F goes up or down after the earnings report comes out tonight? Don't ask me, a couple of years ago I started buying when I thought 9 bucks was a bargain,,,,,, HRG Quote Link to comment Share on other sites More sharing options...
FordBuyer Posted February 4, 2021 Share Posted February 4, 2021 1 hour ago, rmc523 said: Flip a coin lol. Seems like half the time there's a good report and it goes down, and then there's a bad report and it goes up. Earnings tonite at 5 PM. Watch F drop 10% + in after market trading. Clorox just reported blow out earnings this morning and stock tanked. IBM the other day beat earnings and the stock tanked big time because of reduced revenue. Intel last week reported blow out earnings and revenue and stock tanked because new CEO wants to keep most production onshore. No pleasing investors. The pattern seems to be spiking prices leading up to earnings report, and then crushing drop only to be repeated over the next 3 months. Something tells me the Hedge Finds distort this market to their advantage. No wonder Reddit is taking them on. 2 Quote Link to comment Share on other sites More sharing options...
rmc523 Posted February 4, 2021 Share Posted February 4, 2021 2 hours ago, FordBuyer said: Earnings tonite at 5 PM. Watch F drop 10% + in after market trading. Clorox just reported blow out earnings this morning and stock tanked. IBM the other day beat earnings and the stock tanked big time because of reduced revenue. Intel last week reported blow out earnings and revenue and stock tanked because new CEO wants to keep most production onshore. No pleasing investors. The pattern seems to be spiking prices leading up to earnings report, and then crushing drop only to be repeated over the next 3 months. Something tells me the Hedge Finds distort this market to their advantage. No wonder Reddit is taking them on. Like I said, flip a coin really. 3 Quote Link to comment Share on other sites More sharing options...
SoonerLS Posted February 5, 2021 Share Posted February 5, 2021 On 5/26/2020 at 9:45 AM, rmc523 said: Should've bought some when it was at $4 Should've bought when it was under $2. I seriously thought about it, but didn't. Quote Link to comment Share on other sites More sharing options...
probowler Posted February 5, 2021 Share Posted February 5, 2021 Well, I certainly wasn't expecting....nothing. Ford up 2% after hours. Basically a wash. It will be interesting to see where it goes tomorrow, and I suppose more importantly how the chip shortage plays out and affects the stock price going forward. Quote Link to comment Share on other sites More sharing options...
rmc523 Posted February 5, 2021 Share Posted February 5, 2021 50 minutes ago, SoonerLS said: Should've bought when it was under $2. I seriously thought about it, but didn't. Yeah, no kidding. Quote Link to comment Share on other sites More sharing options...
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