Author Topic: GM - General Motors  (Read 584762 times)

LowIQinvestor

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Re: GM - General Motors
« Reply #1700 on: May 31, 2019, 10:28:29 AM »
https://www.cnbc.com/2019/05/31/automaker-shares-plunge-after-trumps-surprise-mexico-tariffs-gm-shares-fall-5percent.html

DB estimates that a 25% Mexico tariff would be a $6 B EBIT hit to GM.

25% mexico tariff Aint gonna happen.

At a 5 PE all these fears are more than reflected.

Buying long-dated GM calls today.


ander

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Re: GM - General Motors
« Reply #1701 on: May 31, 2019, 12:53:15 PM »
https://www.cnbc.com/2019/05/31/automaker-shares-plunge-after-trumps-surprise-mexico-tariffs-gm-shares-fall-5percent.html

DB estimates that a 25% Mexico tariff would be a $6 B EBIT hit to GM.

25% mexico tariff Aint gonna happen.

At a 5 PE all these fears are more than reflected.

Buying long-dated GM calls today.

Same view...but that's going to be an overhang until resolved. and ultimately, if we had share buybacks right now, it would be value accretive since my estimate of fair value is substantially higher...

Gregmal

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Re: GM - General Motors
« Reply #1702 on: May 31, 2019, 01:01:06 PM »
Mary Barra and the GM board have overtaken the fellows at CTO as championing the title Chief Asshole of the Underperformance Division of my portfolio. Only because she/they continue to be so diligent about it.
« Last Edit: May 31, 2019, 01:08:11 PM by Gregmal »

sleepydragon

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Re: GM - General Motors
« Reply #1703 on: June 25, 2019, 11:19:26 AM »
What’s going on with GM today?
Pricing moving up very fast

LowIQinvestor

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Re: GM - General Motors
« Reply #1704 on: June 25, 2019, 11:56:06 AM »
GM Cruise Spinoff?

WayWardCloud

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Re: GM - General Motors
« Reply #1705 on: June 25, 2019, 04:53:56 PM »
Has GM gotten us so used to disappointment that you guys freak out when it goes up by 2%?  ;D
« Last Edit: June 25, 2019, 04:55:34 PM by WayWardCloud »

Ahab

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Re: GM - General Motors
« Reply #1706 on: June 25, 2019, 06:29:30 PM »
My Jan 2021 "trade war" calls are feeling good right now.  ;D

Long: FNMAT, FNMAN, FMCCL, FMCKO, BAC, JPM, GOOG, JD, MO/PM
Short: PCG, TSLA
Twitter: AhabValue

jeffmori7

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Re: GM - General Motors
« Reply #1707 on: July 05, 2019, 06:48:48 AM »
Just a reminder, last day to trade the warrants. Or you will have to exercise them after today.