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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: Kip S who wrote (30644)2/6/2019 10:08:55 PM
From: Steve Felix  Respond to of 34328
 
WHR - Currently, one strange bird. Expected to take a thump on earnings, but it broke to the upside. Now $10 above Credit Suisse target, $30 above S+Ps lowered target.

S+P:

On January 29, management provided a wide range for 2019 EPS guidance at $14.00 to $15.00 vs. the consensus at $16.00 and $18.02 in 2020.
We lowered our EPS estimates by $0.90 to $14.60 in 2019 and 2020's by $0.80 to $16.00.

Credit Suisse:

Given results and adjustments to our model, our 2019 EPS est. goes to $14.50 from $15.65. Our 2020 est. is $17.20.
………………… 2018A...2019E...2020E
Net debt (US$ m) 4,529.. 3,219.. 2,790

Really? Current PE just over 9 on 2019 estimates. Earnings going to improve 10%+ from 2019 to 2020?
And they are going to cut their debt in half?

Was trading avg. vol. about 1.5 million. Day after earnings it traded down $7 from previous close,
before it ran to $12 above previous close on almost 5X avg. vol. Looks like the "deep pockets" and
the analysts are looking at different things. Hope that maybe it is short term vs. long term thinking.

Better to be lucky than smart, I have a $20 cushion and 4% yield and will just watch a while.

One strange bird.



To: Kip S who wrote (30644)3/4/2019 1:43:38 PM
From: Steve Felix  Read Replies (1) | Respond to of 34328
 
WHR - looks to still want to go up, but the yield has fallen from 4% to 3.3% since I bought it, and I have hope the market does more than pull back for a day here:
03/04/2019 12:50:22 Sold 99 WHR @ 141.53 14,004.33