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

To: Spekulatius who wrote (60089)	11/19/2017 12:17:10 AM
From: Paul Senior	Respond to of 78954

GE. GE could be one, two, or three in its sectors, but the earnings and revenues don't inspire. A comparison for me is SIEGY (in which I have shares). SIEGY also big in rail transport and power systems. Has very slow revenue increases over the years. P/e recent years about 15. I can't see why GE p/e should be any higher. With analyst average earnings estimate for GE about $1.25 for 2019, stock should be about 18.75 fair value tops through 2018. So I see no bargain and no reason to buy shares now. Of course, "should", "analysts estimates", "see" all in eyes of beholder(s).

To: Spekulatius who wrote (60089)	3/12/2018 8:39:36 PM
From: Spekulatius	2 Recommendations Recommended By bruwin E_K_S Read Replies (1) \| Respond to of 78954

Re GE - anyone went through their 10k? Supposedly WEB is studying it. I found the lack in cash flow and the insurance adjustments the most disturbing. GE had to increase their claim reserves from $18.7B to $30.5B. They stated that they need another $15B over the next few years, Apparently they don’t have enough funds to do it all at once. how can they underestimate the reserves in their insurance business by more than a factor of 2 x ? This is a somewhat regulated business , the elevated claim frequency in LT care contract can’t occur all of a sudden. Seems like a lot of folks are either incompetent or more likely need to do time for committing fraud. You can’t just create a $25B hole in short period of time, someone (or most likely many) have worked the numbers for a long time. And again, the new officer for GE finance is a long timer (25 years), I think some fresh blood might do some good.