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Strategies & Market Trends : Value Investing

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E_K_S
To: Ditchdigger who wrote (56226)11/15/2015 4:54:33 PM
From: Graham Osborn1 Recommendation  Read Replies (1) of 78750
 
My bad ditchdigger, I was speaking generally but you were referencing GE. It does look like the dividend is covered from FCF. Beyond that all their historic comps numbers are messed up by GE Capital and the like so I'd have to separate the businesses out to value them. I remember being surprised by how aggressive some of the asset measures for the departed FS businesses were so that may have proved the duck of the decade for GE. Their tangible book has improved significantly since 08 which I like, but again the accounting here is probably more complex than meets the eye.
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