Jump to content

Sign in to follow this  
Gorehamj

GM's Perfect Response To Critical Investors

Recommended Posts

post-139450-0-56906800-1484083192_thumb.jpg

John Goreham
Contributing Writer, GM-Trucks.com
1-10-2017

General Motors has a perfect response to both silence and assuage large investors that the Detroit Free Press says have been critical of GM's stock price, saying it is undervalued. The company is buying up billions of its own stock. The ongoing and expanding buyback has two effects. First, it shows GM has confidence in its future earnings. By betting on itself GM shows that it thinks it can and will improve its position financially as time goes on. Second, buying back stock after having been criticized about the stock being undervalued, raises the value of the stock!

 

GM's final report on its 2016 performance will not come until February, but publically traded companies are allowed to comment on the expectations of their earnings as long as the statements are based in fact. Mary Barra looking confident at the podium stepped forward and offered this quote: “We’ve generated consistently strong results the last few years by delivering great vehicles, growing the topline and driving efficiencies, while at the same time establishing a leading position in shaping the future of transportation,” Barra said. “We’ll stay focused on executing our strategic plan and generating the profitable growth needed to create long-term value for our shareholders.”

 

After GM announced its expected results, GM stock saw its highest price in over a year during trading and settled back to a 3.7% increase since yesterday.

post-139450-0-56906800-1484083192_thumb.jpg

post-139450-0-56906800-1484083192_thumb.jpg

post-139450-0-56906800-1484083192_thumb.jpg

Share this post


Link to post
Share on other sites

learning the stock game when I was 12...

letting too much out leads to take overs and weird LED lights surrounding headlamps form china.

 

glad they are owning themselves.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

Sign in to follow this  

ADSENSE FOOTER
  • Similar Content

    • By GMC Kennedy
      Looking for recommendations on tire/ wheel set up for my 2017 GMC Sierra Crew Cab, I will not be doing anything to the suspension ( no level or lift).  I want to keep that stock for now.  I have the chrome clad 20 inch wheel with the 275/55/20 tire.  Thinking about black or black and chrome wheels and maybe running them on the Falkin Wildpeak AT3Ws.  Any thoughts or suggestions?  Attached is a pic of my truck, all stock right now.

    • By sierra1412
      2017 sierra A/T crew cab I have the most annoying tick noise over bumps, coming from the b pillar behind my left ear and it is driving me brick house, I've pulled at the trim off put my hands on everything made sure everything is tight, stuff rags in between contact points, I've run out of ideas, anyone have an guidance for me, I'm a ex gm technician of 5 years , I know what I'm doing but of course my own truck baffles me..per usual any new bulletins or tsbs?
    • By Gorehamj

      John Goreham
      Contributing Writer, GM-Trucks.com
      9-27-2017
      Why would workers at one of General Motors' most productive North American plants running three shifts straight out building the company's most popular crossover worry about job security? "Mexico" is the answer according to a detailed story published by the Detroit News.
       
      Workers and union representatives at the Canadian CAMI plant which builds the new Equinox worry that work will shift from the higher-wage plant to a plant in Mexico. The concern is not unfounded. The CAMI plant has already lost 400 jobs and the GMC Terrain to Mexico. The Detroit News used the example of four-year CAMI plant worker Todd Sleeper. Sleeper took the job at CAMI after Caterpillar offered workers at his old job a choice; Accept a pay cut of 50% or the company would move the work to Mexico. The work moved, and he was out of a job. Sleeper sums up what the strike is about, saying, “We need to start protecting jobs here in Canada.” It should be noted that most of the Equinox vehicles built in GM's CAMI's plant are exported to the United States.
       
      The CAMI plant employs 2,450 hourly workers as well as about 300 salaried workers. The plant is located in Ingersoll, Ontario Canada about 80 miles North-East of Detroit and Dearborn, Michigan.
       
      Ten days ago, GM issued this statement on the CAMI plant strike: While General Motors of Canada and our Unifor partners have made very positive progress on several issues over the past weeks, the Company is disappointed that we were not able to complete a new agreement. We encourage Unifor to resume negotiations and to continue working together to secure a competitive agreement.



    • By 75GMCFAN
      Hey all.. my name is Mike and I recently bought a 2017 GMC Sierra SLT.. Its my first new ride in almost 14 years. So much has changed in vehicles its awesome. I plan on modding a bunch of stuff on the truck and figured the best way to learn is find a forum where people most likely know way more than I do for ideas.
      I also have my own YouTube channel where I review tech and of course everything I do to the truck. Check it out if you want. I just did a new video on the Infotainment system on my GMC.
      Im excited to be a part of the forum..
    • By AskMeAboutMySilverado
      After driving my Silverado for a little over a year now, and having driven a few rental cars inbetween, i have realized that there is one very subtle feature that I love about my truck.
       
      With so many vehicles now using electronic cruise control, and not the old mechanical switch and buttons GM used to have, it is common for the owner to have to turn Cruise Control back on every time the engine turns off. I use my cruise control constantly, and i mean constantly (lowest it will let me set at is 24 MPH, if i could use it at 20, i would). BUT, every time i turn my truck off, and turn it back on, cruise remains on!!! I don't know if this is unique to chevy right now, but ive driven a lot of rentals recently that the cruise needs to be turned back on every time i get in it, and i find myself turning it on and off constantly because i dont remember if its on.
       
      So thank you, GM, for leaving my cruise control on and not turning it off when i didn't ask you to.
  • Recently Browsing   0 members

    No registered users viewing this page.

  • Forum Statistics

    190,096
    Total Topics
    2,002,687
    Total Posts
  • Member Statistics

    153,284
    Total Members
    8,960
    Most Online
    Steven Lednick
    Newest Member
    Steven Lednick
    Joined
  • Who's Online   32 Members, 0 Anonymous, 356 Guests (See full list)

  • Popular Now

×

Important Information

By using this site, you agree to our Terms of Use.