CALDEIRÃO DE BOLSA

vold Escreveu:estou com muita atenção a esta acção. se descer muito mais pode vir a enfrentar graves problemas, mas com estas mudanças a perspectiva a longo prazo torna-se positiva.

SMarq Escreveu:Um update á GM.

Está péssimo

Hoje -6,4%.
Minimos históricos.
Não tem suportes num gráfico a 30 anos.

cmps,
SMarq

Park Your Money With GM - Barron's
by: SA Editor Eli Hoffmann posted on: June 01, 2008 | about stocks: GM / TM Font Size: PrintEmail Barron's says GM bets will pay off -- for those with the patience to endure 12-18 months of misery.

GM (GM) shorts are ignoring GM's turnaround, which Barron's says will accelerate over the next 2-3 years. It's recent pact with the UAW makes it likely GM will hit its goal of cutting costs to 23% of revenue by 2012 (30% now from down from 34% in 2005). Last week, GM said 19,000 employees agreed to buyout and retirement offers that will result in lasting cost reductions. Analysts say cost savings are worth $2.50-3/share ongoing.

Sales in China, Russia and Latin America are rising -- GM posted a $1B international profit in Q1 (vs. a $611M domestic loss). It's cars are back in vogue too, winning accolades and a bunch of media and industry awards over the last year for its Malibu and Cadillac CTS. Volt, slated for 2010, is GM's answer to Toyota's (TM) hybrids; it can travel 40 miles on a charge without any gas. "No other car company is running down the green highway as fast as GM," a money manager says. GM is also shifting toward smaller fuel-efficient cars.

Potential negatives include its exposure to troubled lender ResCap and parts supplier Delphi (DPHIQ.PK), which is trying to exit bankruptcy. Analysts have a hard time figuring out how much cash GM has, but it is likely to finish the year with at least $20B, which should suffice to get it over the hump.

With a market cap of under $10B, GM's 1/16th the size of Toyota. Analysts think shares ($17) could rise to at least $30 and maybe $45 by 2010 - or sooner - as cost reductions begin appearing on GM's bottom line. It's "a compelling story that's nowhere near reflected in the price," Stephen Simmons, director of research for Flippin, Bruce & Porter says.

General Motors (GM) reports lower than expected first quarter loss

Posted Apr 30th 2008 9:40AM by Eliza Popescu
Filed under: Earnings reports, Good news, Consumer experience, General Motors (GM)
Shares of the nation's largest automaker, General Motors Corp. (NYSE: GM), have been soaring in premarket despite posting a large first quarter loss, as the company surprised Wall Street by reporting a smaller than expected loss per share.

For the quarter, General Motors said it swung to a loss of $3.3 billion, hurt by continued weakness in U.S., waning demand for its sport utility vehicles, and a supplier strike. The company stated that the strike, which started two months ago at American Axle and Manufacturing Holdings Inc. (NYSE: AXL), came with charges that totaled $800 million, and slashed vehicles production by 100,000.

Weighed down by those costs, GM posted a net loss of $5.74 per share, compared with a profit of 11 cents a share a year-earlier. However, excluding one-time items, the automaker reported a loss of 62 cents per share. Going into today's earnings announcement, analysts had been expecting the company to show a much higher loss of $1.60 per share.

Midas Escreveu:Se colocares o gráfico em semanal ves nitidamente o suporte na zona dos 17 dólares.

Smarq isso é relativo, até porque os resultados trimestrais sairam bem acima do estimado pelos analistas. Penso que é um trade bom já que está tudo muito negativo na acção, o short interest está a níveis estupidamente altos e perto de um suporte semanal forte... Aguardemos.

This Just In: Upgrades and Downgrades
By Rich Smith May 28, 2008 Comments (0)

1 Recommendation

At The Motley Fool, we poke plenty of fun at Wall Street analysts and their endless cycle of upgrades, downgrades, and "initiating coverage at neutral." So you might think we'd be the last people to give virtual ink to such "news." And we would be -- if that were all we were doing.

But in "This Just In," we don't simply tell you what the analysts said. We'll also show you whether they know what they're talking about. To help, we've enlisted Motley Fool CAPS, our tool for rating stocks and analysts alike. With CAPS, we'll be tracking the long-term performance of Wall Street's best and brightest -- and its worst and sorriest, too.

A percent here, a percent there ... pretty soon, you're talking real money
Raise your hand if you're earning better than 1% interest on your bank account. Most of you? Good. So how about 2%? Still a few hands up, I see. 3%? Only one hand left -- lucky stiff. But what would you do if I told you could earn not 1%, 2%, or 3% ... but nearly 6%, plus another 20% in a year -- and get it all taxed at preferential rates?

Personally, I'd jump at the chance, but according to Citigroup, you should pass. That's essentially what the Wall Street megabanker told investors considering General Motors (NYSE: GM) stock yesterday. Citing, "Intensifying industry headwinds [and] expectations for a larger cash burn," Citi downgraded GM shares to "hold" and dropped its "target price from $32 to $21."

Only on Wall Street

At first glance, this looks a lot like any run-of-the-mill downgrade. Citi isn't as hot for GM as it used to be. Big whoop. The analyst also slashed price targets for a whole slew of related companies, including Ford (NYSE: F), Lear (NYSE: LEA), Johnson Controls (NYSE: JCI), Magna (NYSE: MGA), and Tenneco (NYSE: TEN), so this looks like an across-the-board thing.

But look a little closer at the numbers on GM in particular: Right now, the stock sells for 17 bucks and change. Take that up to $32, as Citi used to think likely, and you'd have yourself nearly a double. But raise GM to "only" $21, as Citi now predicts -- and you've still got yourself more than a 20% profit... plus nearly 6% more in dividends. And with long-term capital gains and dividend tax rates still in effect, all of this gets taxed at 15%.

Yet Citi still thinks you're better off getting 2% on your savings account and seeing it taxed as "ordinary income," than putting your money in GM stock and earning 26% profit at a better tax rate. Only on Wall Street could this make sense.

Analysts say the craziest things
But that's not even the weirdest thing about yesterday's downgrade. According to Citi, "the GM restructuring and product development story" offers long-term upside. Like 26%? (Yeah, I'd say so -- if Citi even believes its own numbers.)

Citi thinks 26% isn't enough upside to justify buying GM. OK. But just last week, it said just the opposite about Texas Instruments (NYSE: TXN). On May 19, Citi recommended buying the Dallas-based chipmaker in expectation of its stock hitting $39 within a year. The day before Citi said that, TI stock closed at $31.79.

Leave your calculators on your desks -- I've done the math for you. Add in TI's dividend, and Citi said you should buy it for 24% upside, but ignore GM with 26%.