General Electric Company (GEC.L)
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GE has a lot of company in the stock prices caving in during September.
For example,
COSTCO hit a high of $612 this year and then dropped and today it is at $470.
That is a 25% drop which is amazing.
I own Costco and I shop Costco and I see the mobs there weekly.
Last night Costco reported sales per store up 16.7% ytd and profits up 16% ytd.
How does any rationale investor explain that.
They don't
The market is caught up in a lot of scared first time or poorly informed investors.
They have knee jerk reactions and stock move up and down like the weather - go figure.
All you can do is look at a company like GE and see how solid the future will be.
I wish all the screamers on this board anti-GE would just dry up and leave.
They take irrational looks and every time GE stock goes down they cry loudly B A N K R U P C Y>
Are farmer, jj, Richard Irving, Carlos, bite the dog and a million other terrible investors to be believed?
Or do long term investors like myself and Dan and many others posting here really better at investing?
Lets look at stark facts:
You know there are 1.1 BILLION SHARES of GE out there and the daily trading
is averaging only 7 MILLION shares.
That is only .007% of all the shares outstanding at GE.
Are all the other 99.993% stockholders just plain dumb.
Or could it be that the actual truth is all of the others are investors and not day trading.
What trades every day is almost a rounding error.
So investors that are serious simply follow this motto
Buy quality and forget the loudmouths on this Board.
You haven't lost a dime until you sell and better times are coming.....
Gene
GE HEALTHCARE will probably enjoy a market cap of around $60 billion
based on SIEMENS HEALTHCARE.
GE HEALTHCARE will have a FCF of $3 BILLION and at 16 times earning the stock will
price very strong.
They enjoy 18% margins.
The rest will be under the GE AVIATION umbrella all next year and the market cap cannot be
any less than at least $70 BILLION and most likely higher.
GE AVIATION will have a FCF of at least $3 BILLION and at 16 times earnings that stock will
also be priced very strong.
They enjoy around 20% margins.
Just that simple change will enrich every stockholder at least 30% next spring and most likely a
lot more.
Gene
https://www.ge.com/news/press-releases/qatarenergy-and-ge-to-develop-carbon-capture-roadmap-and-low-carbon-solutions-for
https://en.wikipedia.org/wiki/Qatar
Best Regards
Richard Rosado
https://cpv.com/2022/09/16/multi-billion-dollar-combined-cycle-natural-gas-power-station-with-carbon-capture-announced-in-west-virginia/
Kind Regards
Richard Rosado
Douglas Aircraft asked GE to develop a derivative engine, the CF6-6.
It had a high bypass turbofan, which was a radical new for the new Douglas DC-10.
General Electric engineers persuaded the airframe maker that a three-engine aircraft would be better than a twin-engine version.
Among other things, they calculated that a trijet design could generate as much as 6 percent additional revenue for airlines by allowing the plane to hold more passengers.
In the 1980s, the CF6 family of engines emerged as the most popular engines powering wide-body aircraft, including the Airbus A300, the Boeing 747 and the McDonnell Douglas MD-11.
In 1971, a French aerospace manufacturer called Snecma (today, it’s known as Safran Aircraft Engines) selected GE as a partner in the development of a smaller commercial turbofan engine for the short-to-medium-range aircraft market.
The joint venture, known as CFM International, would eventually become one of the greatest success stories in aviation history.
The collaborative effort created an engine called the CFM56, which was based on Snecma’s fan technology and the core technology of GE’s F101 engine.
Today, the engine powers more than 550 commercial and military aircraft worldwide, including the Airbus A320 and the Boeing 737.
posted by Gene
https://www.ge.com/gas-power/resources/case-studies/cpv-sentinel-energy-project
Best Regards
Richard Rosado
today, the reverse, 52 week lows
checking into short term cds lol
Vic Abate, head of GE RESEARCH, announced all 1200 employees would be kept,
but they would be split up among the three new GE companies.
The lab spends $2.5 billion a year with a backlog of $500 million in work on government funded research.
Each of the 3 new GE companies will have a separate lab.
The smaller Bangalore India research center will also undergo a similar breakup.
One area for GE HEALTHCARE is to do GE Innovative work with DNA to shape the
advancement of precision health breakthroughs.
The GE RESEARCH LABORATORY started in 1900 and has been in demand for 122 years
GE Research lab originally developed the vacuum tube, created the Prius hybrid car for Toyota,
perfected the semiconductor laser, was the creator of the microwave oven, and many breakthroughs.
The lab did the original research behind the spin-off Plug Power startup company.
GE Research is world famous. Their work is deeply respected for its breakthrough innovations.
So after the breakup there will be three very different but powerful research labs.
Culp says each new lab will be the backbone of each new company.
Culp said: One of the biggest reasons why GE has been able to lead in our industry is
because we have GE RESEARCH as our innovative engine."
Expect the evolution of these three very creative lab s to add a lot of innovation to each company.
Gene
let the shorts have their fun