Replies to post #29966 on Coffee Sipping Big Board Stocks

[timhyma]

imo, GE isn't worth much more than $2:

Posted by: timhyma Date: Friday, January 23, 2009 8:16:20 AM
In reply to: EZredux who wrote msg# 28491 Post # of 29967

LMAO- Man, I been trying to tell you:

Posted by: timhyma Date: Tuesday, January 06, 2009 8:41:26 AM
In reply to: EZredux who wrote msg# 41034 Post # of 41314

B.S.- GE tangable assets are around $1.37 per share. No way is it worth $100

Plus, their debt to cash ratio is downright scary.

Fundementals means everything, especially in the current market, imo.


Posted by: timhyma Date: Friday, June 27, 2008 6:23:27 PM
In reply to: rayrohn who wrote msg# 18042 Post # of 28503

lol- another beer is won:

Posted by: timhyma Date: Tuesday, April 15, 2008 6:22:33 PM
In reply to: EZ2 who wrote msg# 15469 Post # of 18043

OK- let's bet. I say GE goes under $27 before you see it get over $38- one year timeframe. If it does neither, then you buy a round on your 3.9% yeild, lol.

Posted by: timhyma Date: Tuesday, April 15, 2008 7:35:22 AM
In reply to: timhyma who wrote msg# 15390 Post # of 28503

Just looked at the fundamentals of GE.

Tangable book is around $1.80ish
They have over 30x more debt than cash
cash flows have decreased 30%

given the downward estimates of 15% declines- puts earnings around $1.97. With a 12 P/E= $23.60ish value, and still has a lot of risk due to the above stats, imo.