GE Aerospace (GE)

[uber darthium]

"these assets will be gone forever" Like I have been saying. Where is the cash going to come from now that used to come from these sold assets ? Answer - There is no more income for GEnron from these units.

“Once GE sells off its strong cash generating businesses ... these assets will be gone forever,” Gordon Haskett’s John Inch said in a note to investors Wednesday.

GE “could still end up in a precarious position” even after an influx of cash from multiple spin offs, Inch said.

From CNBC today. Apparently Gordon Haskett's John Inch reads my posts

General Electric has spun off several businesses to generate cash and shrink its footprint, but one Wall Street analyst thinks its divestitures may have gone too far.

“We caution that once GE sells off its strong cash generating businesses such as Healthcare and Rail, these assets will be gone forever,” Gordon Haskett’s John Inch said in a note to investors Wednesday.

READ AGAIN

“We caution that once GE sells off its strong cash generating businesses such as Healthcare and Rail, these assets will be gone forever,” Gordon Haskett’s John Inch said in a note to investors Wednesday.

More from CNBC

GE has up to $80 billion in “total upcoming (pretax) business divestiture proceeds,” Inch said. That’s juxtaposed to GE’s remaining liabilities, which Inch said equates to between $144 billion and $203 billion.

By Inch’s math, he said the remaining GE has an equity value between negative $2.47 a share (a theoretical level below zero) and $7.11 a share, with about $2 a share at the midpoint. Here’s how Inch breaks it down:

READ AGAIN NEGATIVE $2.47 / share

GEnron, making defunct companies like Enron look good

https://www.cnbc.com/2019/01/23/analyst-what-remains-of-ge-after-spinoffs-could-be-worth-2-a-share.html