Visteon Corporation (VC)

[Stockexpertpro]

Under Bankruptcy Law as was pointed out in the Adhoc commitees letter to the BOD The company is Required by law to provide that to shareholders if shareholders request it so it appears to me that the management is fighting with the shareholders Dont these idiots realize that the SHAREHOLDERS OWNS THE COMPANY not them they are simply employeed by our blessing


I say if it comes down we it and we need to we as the OWNERS of the company could vote the BOD out and put in place a new management team with turn around specialist on the new BOD and a new management team in as well with turn around specialist there as well

Let us not forget a few facts here longs VSTNQ Has over 1.1 Billion in CASH

They have another 1 Billion dollars in a publically traded company that they own 70% of

So that right there along is over 2.1 Billion in Assets and thats not including all thier other assets

Total debts is around 2.5 Billion

So given the above i think that its pretty safe to say that equity holders clearly have value here esp given the fact that the company made a 250 Million dollar profit last quater along

Fords sales are up 37% over the last 3 months along VSTNQ is their largest auto parts supplier so should be another blow out quater coming up as well

We have the same judge as the VRMLQ case as well i think that this judge will clearly see through management and grant the shareholders request i think that the commons will retain their value and that they are worth a hell of alot more then 1.50 a share