all the big boys are jumping into the auto sector including Soros, Buffett and Apple too! TRUE had a powerful move within the last 3 days! Be in the sector rather than a brand! FWIW
Most people don't want to own the same car for 10 years - we never want to sell our Honda's = we keep them forever
Thanks for the info, nice to see US production and jobs. I always try to look at the American auto makers when in the market for a new car but sadly they can't match Honda. It's kind of interesting how people can ignore the repair records of some American cars or the outrageous maintenance expense of the European autos. The only explanation is they do no research and make emotional decisions, kinda stupid if you ask me.
Honda has one plant in Canada and one in Mexico. They have 4 plants in the US including their first one in Marysville, Ohio - it is the only plant with 2 production lines making 2 cars about every 50 seconds. My wife works there - our family has had over 20 Honda"s without ever experiencing any problems - just normal maintenance. My wife gave her 2001 Accord to her sister several years ago and it has almost 400,000 now. Honda has plants all over the world but the North America produces the most cars than anywhere else.
I just bought an Acura MDX, pretty nice car. If I'm not mistaken Honda has a lot of production between Canada and the States. I don't know what percentage however those sales and profits would be all dollars and yen depreciation wouldn't matter. Just wondering if their dollar based sales coupled with some Yen based price discouting wont make this a good one? I guess a lot of it comes down to how well their sales are going overall. I have a Honda pilot that has 200k miles and I've never had to repair the car, which brought me to the MDX. and now to the stock.
No ridgeline for 2-years. "Supposedly" coming out with new one in 2016. Website very vague and iffy about that.
I think Honda is losing it. The civic's door is 2-feet high and hard to enter/exit. For those who don't mind getting into a circus act because of the 40 MPG, go for it.
Shouldn't they have had a truck in place before June-2014's last Ridgeline came off the aseembly.? What I need is an urban/suburban truck. 4-cyl. ... Terrific milage. ... Front-wheel-drive. .... Electric motors on each rear-wheel. ..... Knee-high bed. ..... Seats at least 4.
If EPS is converted to dollars, then profit in Yen will be less after currency conversion. But the positive news for HONDA is the company starts selling 6-seater business jet ($4.5 million per jet) and its first two years production were sold out.
Knowing that HMC will move up slowly (all ADRs usually appreciate slowly comparing to US equities), I am debating whether or not I should tie up my fund in this stock. Long term you can not go wrong.
Honda reports earnings early in January - profits will be much higher than last year's due to the weak yen - Toyota just released earning estimates for all of 2014 to exceed all prior records and is planning on investing a lot of it on expanding plants and properties. Honda announced to its employees that newly hired employees in Ohio will have to work for 8 years before that reach top pay - bad for new hires - great for additional profits.
doesnt matter how well they are selling if the yen is weakening against the dollar , the increase in sales is still less than the increase in the dollar v yen
any ADR is a disaster right now
If the dollar is appreciating relative to the Yen (and if this trend continues), then products made in Japan and paid for with Yen should become cheaper for US consumers (who pay with dollars). So, Honda should be able to sell more of their Japan-produced products in the US. Why, then, is the stock acting so weak?
Let me rephrase that then, what four dividend payments are expected for the CALENDER Year starting January 1, 2015. The one 22 yen for next quarter, and three payments of ? yen? Thanks D4
Honda's 2015 fiscal year started in April 2014. It has given two quarterly dividends of 22 yen per share since then and expects to give 22 yen again this quarter and again next quarter.
So for 2015 fiscal year Honda plans to increase their dividend from about 1.3% to 2.6%? Is that correct? I was going to ask if that was going to happen, but you answered that. Is this locked in yet, ot just the projected dividend increase still?
I bought in at $34.12, so I'm taking a bit of a beating right now. The stock is hovering nearly below the $30 mark. Do you guys think these airbag recall issues are temporary and that the stock will recover? Should I hold longterm, or just sell it off?