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Re: DewDiligence post# 15489

Tuesday, 10/17/2017 8:27:39 AM

Tuesday, October 17, 2017 8:27:39 AM

Post# of 29302
GE- I expect Charley Grant doesn't understand the GE intricacies:

GE's Fun With Numbers May Be Next to Go

It's now apparent that GE's goal of $2 in EPS by 2018 was based on the same cockeyed optimism that fueled its overly aggressive sales growth targets in years past (analysts on average are expecting just $1.65). But there's another problem with that number: it's based on a bevy of adjustments that investors are simply no longer willing to take the company's word on.

GE has one of the widest discrepancies between its adjusted and GAAP numbers among major industrials. For one, GE backs out pension obligations, a variance from standard practice at peers like United Technologies.



The common dividend will soak up 130% of the Industrial FCF in 2017

GE has warning flags all over it, imo..

https://www.bloomberg.com/gadfly/articles/2017-10-16/ge-s-fun-with-numbers-and-dividend-may-be-next-to-go?utm_source=yahoo&utm_medium=bd&utm_campaign=headline&cmpId=yhoo.headline&yptr=yahoo

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