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General Motors Company Message Board

mashone1969 10 posts  |  Last Activity: Apr 16, 2014 10:26 AM Member since: Apr 14, 2011
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  • (Reuters) - General Motors Co said it would ask a U.S. bankruptcy court to bar plaintiffs from proceeding with lawsuits against the automaker for claims related to any actions before it filed for bankruptcy in 2009.

    How much additional damage will this do to this once great company? Kind of puts a cloud on Ms Barra's testimony that GM would do the right thing and was concerned with their customers. (Oh yea, the dead ones are Old GM's customers)

    mashone1969

  • mashone1969 mashone1969 Mar 28, 2014 7:09 PM Flag

    Right you are stephenjfoy,

    The potential difference that a lot of regular recalls don't invite massive law suites and potential criminal liability that may reach high in the corporate management. Also, the administrative cost of a recall, not counting the cost of the repair, runs somewhere near $50 per affected unit. GM is going to be paying out around $100 million plus who knows how much damage to future sales. This si not a good recall om several levels and was the last thing GM needed,

    mashone1969

    Sentiment: Sell

  • Reply to

    Republican Hypocrites at it Again

    by labcorp_pos3 Mar 26, 2014 4:30 PM
    mashone1969 mashone1969 Mar 27, 2014 10:11 AM Flag

    labcorp_pos3,
    What right did the Federal government under BHO have to tell GM and Chrysler that they had to close Dealerships? What right did they have to give Chrysler to Fiat? What right do they have to tell you what insurance you MUST buy? What right do they have to create laws with the stroke of a pen on an executive order?

    mashone1969

  • mashone1969 mashone1969 Feb 8, 2014 12:56 PM Flag

    Thanks Tgruck1945,
    This is great performance by the CV Team in Europe! As I recall, commercial vehicles are the big money makers in Europe. Those International XXXX of the Year Awards are really important in that the vehicles are selected by the leading journalists covering the industry and carry a lot of weight with the customers. I wouldn't be surprised if the Transit 2-tonne scooped one up for 2015. The Transit 2-tonne family includes the vehicles being launched in the USA later this year. The big Transits have defined this market segment since the first introduction 1n 1965 and appears to be leading the pack again.

    mashone1969

    Sentiment: Buy

  • Reply to

    VOD Under Pressure until Feb 20

    by mashone1969 Feb 5, 2014 11:17 AM
    mashone1969 mashone1969 Feb 5, 2014 12:50 PM Flag

    smalls_62 ,
    Thanks for your comments and analysis. Your argument for a return to historic vale makes some sense but it doesn't give much credit for the fact that VOD retained a nice #$%$ of cash from the VZW deal and this is being deployed in Project Spring and other growth initiatives.

    mashone1969

    Sentiment: Buy

  • In addition to the generally downward slop of the market this year, VOD is under pressure from people who are selling now so as to avoid perceived complications associated with the Return of Value. The On Balance Volume chart has been trending down since late January. Once we are past the 02/20/2014 record date, this selling pressure should go away and the flirtation with AT&T will move back into view.

    Thar's my thought anyway!

    mashone 1969

    Sentiment: Buy

  • mashone1969 mashone1969 Jan 31, 2014 10:52 PM Flag

    pittyfuk ,
    Bought at $52.05 last summer and sold at $68. 45 about noon today. There m,ay be a story here but unless there is a buyout lurking somewhere, this looks like a big over reaction. Mrs. Mashone didn't raise a totally dumb kid and I am more than happy to lock up a tidy 32% profit in 6 months. This money is being redeployed to new positions with better potential. I hope whoever bought my shares has a similar good experience.

    You never go broke taking profits!
    mashone1969

  • Reply to

    retooling plants is EXPENSIVE!!

    by stanlaurel6565 Dec 18, 2013 3:49 PM
    mashone1969 mashone1969 Jan 29, 2014 10:14 PM Flag

    Questinator,

    You are spot on! Back in the mid 1990's, Ford convened a study group in the UK to ask the question of "Is the investment in flexible production worth it?" The answer was a resounding YES! When you look at a multi-cycle cost of initial coat + mid-cycle refresh + replace, the cost of flexibility is much lower than minimizing the cost at each step. Ford is now reaping the benefits of that study.

    On the subject of major launches in North America, everyone recognizes the investments for the all new Mustang and F-Series, but they forget the new full-sized Transit. Launching this vehicle required tooling up a new assembly line at Kansas City as well as the construction of a new stamping plant to make the large body panels for these vehicles. The manufacturing investment for plant and tools is easily $1 billion or more.

    2014 may be profit challenged but 2015 should be a banner year with all the new global product.

    mashone1969

    Sentiment: Buy

  • mashone1969 mashone1969 Jan 23, 2014 11:51 AM Flag

    Key Dates from Vodafone Timetable published Wednesday, December 11, 2013 8:40:38 AM

    20 February 2014 ADS Distribution Record Time: Close of business (New York time)
    21 February 2014 Completion of the Transactions:
    24 February 2014 Ex-Date for ADSs to receive the Return of Value

    mashone1969

    Sentiment: Hold

  • Reply to

    Ford worth 5.19

    by rd1411 Dec 14, 2013 8:22 PM
    mashone1969 mashone1969 Jan 22, 2014 7:36 PM Flag

    rd1411

    I would like to offer you $6.00 for all the F shares you own.

    Oh - don't own any? Then why are you polluting this board with your BS?

    mashone1969

    Sentiment: Buy

GM
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