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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: NikhilJog who wrote (48421)6/22/2012 7:00:18 PM
From: Bocor  Respond to of 78451
 
yes, you are correct, and you never know what's coming out of the EPA!



To: NikhilJog who wrote (48421)6/22/2012 10:16:58 PM
From: Spekulatius  Read Replies (1) | Respond to of 78451
 
Re NAV - the issue with the EPA. Is mentioned I their latest 8k (earnings presentation) where they mention some warranty cost regarding the EPA. They make it sound like one off expense, but they had many of those. The other evidence of their problems are the steep market share losses, since 2010 (P.27) they lost 10% of market share in all their segments, which is huge. Ten think about the pension liabilities, which have
Grown by ~880M$ which makes me think that bankruptcy is a definite risk, if they continue on this path.

sec.gov



To: NikhilJog who wrote (48421)8/2/2012 11:36:12 AM
From: Bocor  Read Replies (1) | Respond to of 78451
 
NAV guided down this AM....still not in, but thinking about selling some puts if I can get a decent premium. An awful lot of people smarter than I have a big stake, and are increasing their stake.