Fri, Aug 22, 2014, 12:03 PM EDT - U.S. Markets close in 3 hrs 57 mins


% | $
Quotes you view appear here for quick access.

General Motors Company Message Board

  • dolphinooo dolphinooo Nov 30, 2012 1:29 AM Flag

    SAIC-GM-Wuling: GM joint venture in China plans $1 bln auto plant, its third in world’s biggest auto market

    "... The plant will be capable of turning out 400,000 vehicles and engines a year. It will help the joint venture reach its goal of producing 2 million vehicles a year in China by 2015. ..."

    SAIC-GM-Wuling will likely end 2012 with ~1.25 million cars sold. If they goal is 2 million vehicles by 2015, then we can expect a 60% sales increase within three years. Wuling sells ~47% of GM's vehicles in China.

    Since the China JV's will generate an EPS of close to $1 in 2012, the above confirms my expectation that the China JV's we'll contribute about ~$2 to GM's EPS within the next five years.

    Am I the only one who can see GM's stock hit $36 sooner rather than later ... $4 EPS * 9 multiple = $36

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • (((Am I the only one who can see GM's stock hit $36 sooner rather than later ... $4 EPS * 9 multiple = $36)))

      Hey, maybe it will and maybe it won't. But one thing you have to consider is the risk you want to take with your money. If you can afford to lose, say, half your investment temporarily, while Uncle Sam dumps shares, this might be a good move for you.

      But why not just wait and see what the govt is gonna do?


      Sentiment: Strong Sell

34.35-0.25(-0.72%)12:03 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.