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Genworth Financial, Inc. Message Board

rpschom 186 posts  |  Last Activity: 20 hours ago Member since: Feb 5, 2009
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  • Reply to

    JEFFRIES

    by rpschom Jan 30, 2015 10:32 AM

    Now is a great time Bab, IMO. All the financials have been discounted or on sale, including CNO.
    Ignoring market swings and volatility *which are unavoidable), CNO has been a terrific long term investment.

    Best of luck!

    Sentiment: Strong Buy

  • Reply to

    GNW

    by bookerone2000 Jan 31, 2015 8:56 AM
    rpschom rpschom Jan 31, 2015 10:09 AM Flag

    Agree Book, looked like a definite reversal for the better on higher volume even in a falling financial sector and overall market. Improvement in money flow so definite buying, perhaps some short covering in addition.
    All these SP levels are really a bargain from a longer term perspective, IMO.

    Cheers

    Sentiment: Strong Buy

  • Reply to

    DJ Genworth Started at Buy by Jefferies

    by jimmyz1970 Jan 29, 2015 6:57 PM
    rpschom rpschom Jan 30, 2015 2:16 PM Flag

    HBK---Look at technicals, explicitly the money flow (Chaiken Money Flow) and accumulation index in GNW on the weekly chart.
    It is a very clear divergence in CMF to the positive direction, as institutions have been buying as price has been falling or staying stagnant since the last earnings crash. In other words the overall slope or trend on the graph is rising for money flow (CMF) while the SP has been falling. Accumulation has remained overall steady.
    If this was the opposite----- I would be expecting a collapse in SP. Not the case presently, as funds have been accumulating as price declines. Good omens and signs, IMO

    I would not be surprised for a short term MM shakeout dip on number announcement if they are not great but that is to be expected.
    GL

    Sentiment: Strong Buy

  • Reply to

    JEFFRIES

    by rpschom Jan 30, 2015 10:32 AM
    rpschom rpschom Jan 30, 2015 11:36 AM Flag

    Cheers Success!
    Yes i consider it an optimistic upgrade with a very healthy price target.
    Other analyst and ratings I believe will hopefully follow soon after this quarter earnings report.

    Good sign.

    Sentiment: Strong Buy

  • Reply to

    You have to love these gnw execs.

    by wallsttrickster Jan 29, 2015 10:53 AM
    rpschom rpschom Jan 30, 2015 11:04 AM Flag

    Thanks Sidecar, always find your input valuable and rewarding.

    Bottom line for GNW, IMO---McInerery's plan is in progress. I sincerely hope it is successful as a long term turn around play for valuation and stability in GNW. Goodness knows long term shareholders deserve such. Time will tell. At the very least however these SP levels are dirt cheap and I believe all investors presently will be rewarded.

    Agree completely, AIG's CEO Benmosche's PR should be a homework project for Tom.
    Positive perception with a magnetic personality can be very valuable to create and maintain momentum and a rewarding outlook. It encourages buying and not selling.

    Cheers.

    Sentiment: Strong Buy

  • rpschom by rpschom Jan 30, 2015 10:32 AM Flag

    Starts CNO with a BUY rating.

    Price target: 20 dollars

    Very nice upside from these levels.
    Cheers to all longs!

    Reuters News Redirect over Brokerage Account (Schwab)

    Sentiment: Strong Buy

  • Reply to

    You have to love these gnw execs.

    by wallsttrickster Jan 29, 2015 10:53 AM
    rpschom rpschom Jan 29, 2015 3:27 PM Flag

    Always good to know what type of entity one buys and sells in comparison to their peers. I own a basket of insurance stocks: HIG CNO TRV MBI ORI PRU GNW. There are more problems with GNW than perhaps with all the others combined---just my opinion.

    GNW is a great swing trading vehicle---long and short. Hardly a good investment for long term appreciative gains in SP that hold value. Let alone one that provides a dividend or share buyback program ----that most of their peers have far earlier initiated. They are always in "crisis mode"---short of capital reserves, rating downgrade, fears or rumors of BK from a division with massive loss, under review of some sort. In general---waiting for another shoe to drop, another major structural repair. What part can they sell to pay off another massive loss? Where will the hidden massive loss be a year or two form now?

    No different presently than in any of their past "crisis". There is no question, IMO that both past management and present is extremely overpaid for the results they have produced. At best, they are professionally incompetent to create the "allure and image" that they know what they are actually doing. What were they actually doing anyway?

    Is their value and upside potential in GNW---- absolutely IMO. Especially at these SP levels and perhaps even more so with a shakeout purge to the 5's, upon the new numbers given in February. The usual MM MO if results are not really good. Will McInerey finally turn a corner for GNW and produce good long term results and stability? Will he restructure the company from it's present arrangement to create true shareholder value? Will the new LTC policies turn into a real profitable entity? Possible but I would not rely on it. If past performance is any predictor, they are more than willing to just let the institutions exit and let SP fall to the lows upon the next unforeseen loss or shortcoming.

    Meanwhile hopefully good for another run up soon.
    GLTA

  • Reply to

    toilet

    by mlefkowitz Jan 29, 2015 8:29 AM
    rpschom rpschom Jan 29, 2015 10:51 AM Flag

    Shorter term there is little anyone can do for SP in any or most all of the commodity material equities. WS is short and there are few few buyers. Even those funds that are long in CLF have most likely loaned their shares to the WS shorts----their friends.

    Cutting the dividend and restructuring BL are good and necessary decisions to pay down the debt--- but I expect no difference to the trade than what we have seen. Same with earnings----if good then a pop and then lose the gain. Look at X. I didn't vote for LG but I do believe he is making the correct decisions for CLF for the longer term. I do wish he would instigate and support a mdi a attack and from on the short positions and explain CLF's rationale and bottom line strengths. That is what counts---survival and flourish when the pendulum swings and IO price increase and WS is long again. Live to fight another day but in the mean time the best we can do is short term trades and wait. Obviously the downturn is not over for any of these stocks or the sector. Join the crowd.
    GL

    Sentiment: Strong Buy

  • Reply to

    Likely 7 bucks is in the cards

    by sleestack76 Jan 27, 2015 11:15 AM
    rpschom rpschom Jan 27, 2015 2:26 PM Flag

    Agree. Big players are trading MBI in a very nice zone, up and down. Since there are few big purchases their rapid 100 share lots will move price.

    Profit in the options and profit in the common. Rinse and repeat, over and over. No reason to change their MO---cash cow. Long term I do believe there is great valuation potential but shorter term, it is what it is.

  • Reply to

    Blackrock

    by vonerick1980 Jan 26, 2015 6:02 PM
    rpschom rpschom Jan 26, 2015 7:54 PM Flag

    Good news for all of us fellow long investors.

    Thanks Von!

    Sentiment: Strong Buy

  • Reply to

    Better days!

    by successprosperityconsciousness Jan 20, 2015 12:24 PM
    rpschom rpschom Jan 26, 2015 12:42 PM Flag

    Nice lyrics and music for a song Success.

    Staying long and strong.

    Cheers to all longs!

    Sentiment: Strong Buy

  • Reply to

    Disappointment

    by steinej Jan 22, 2015 10:32 AM
    rpschom rpschom Jan 25, 2015 12:39 PM Flag

    2015 will be better IMO and of course there is the possibility for a positive lawsuit result.
    Enjoy the dividend while we wait, add on weakness is my plan---- as positive news or results will be a fast catalyst.

    Cheers

    Sentiment: Strong Buy

  • Excellent results.

    Cheers to all longs

    Sentiment: Strong Buy

  • Reply to

    GNW times dispatch

    by rpschom Nov 29, 2014 12:29 PM
    rpschom rpschom Jan 20, 2015 6:21 PM Flag

    There was also specific mention in the last CC as to where the stock price was going to open on that morning (low)---due to the structure of LTC in GNW. No matter, he will stay the course.

    When McInerery says "longer term progress" and refers to rewarding shareholders several years away---he is very likely anticipating more possible downside in the nearer term. Hence his time frame. If we go back to 5 dollars in the interim, I am sure he will feel that is where he started anyway with the company---no real loss. Just volatility, right. :-)

    Yes he has made many millions in salary and bonus money from GNW. He will argue the rationale that he was hired to position GNW for future fundamental strength, growth and stability---and it will take time for his vision to come to fruition. As SP severely dwindles however, the street might very well force his hand to alter that vision.

  • Reply to

    Better days!

    by successprosperityconsciousness Jan 20, 2015 12:24 PM
    rpschom rpschom Jan 20, 2015 5:39 PM Flag

    Agree completely Success. Just normal trading presently , on par with most other insurance stocks in the sector.

    Cheers.

    Sentiment: Strong Buy

  • Reply to

    GNW times dispatch

    by rpschom Nov 29, 2014 12:29 PM
    rpschom rpschom Jan 20, 2015 3:38 PM Flag

    Agree completely Sidecar. Might be an above average intensity CC.
    Cheers

  • Reply to

    GNW times dispatch

    by rpschom Nov 29, 2014 12:29 PM
    rpschom rpschom Jan 20, 2015 2:50 PM Flag

    Few items from this recent article to note from Mr McInerery---from the "horse's mouth":

    He is committed to LTC and from the past CC, in the same structure relationship in the total company, as it presently exists.

    This up and down roller coaster ride in SP is just "volatility" these past few years. (It does make for a great trading vehicle)

    He also says, "in the next two to three years they probably need to focus on shareholder value"----I do not detect a high sense of urgency in his manner or tone. Key here he is managing the company for long term results.

    Best to keep our eyes wide open, IMO. There are serious number unknowns that will be revealed in the next weeks. In the past we have been an equity of radical extremes, our SP controlled exclusively by the institutions. I would expect the same.

    Personally, I am cautiously optimistic but as we trade as of late, the institutions appear to have a "wait and see"attitude".

    Cheers to all longs

  • Reply to

    GNW times dispatch

    by rpschom Nov 29, 2014 12:29 PM
    rpschom rpschom Jan 20, 2015 2:34 PM Flag

    Bump

  • Reply to

    GNW times dispatch

    by rpschom Nov 29, 2014 12:29 PM
    rpschom rpschom Jan 20, 2015 2:34 PM Flag

    Bump

  • rpschom by rpschom Jan 14, 2015 8:05 AM Flag

    Cuts price target to 12 dollars from 12.50 dollars.

    Rating: Outperform

    Reuters

GNW
6.98+0.04(+0.58%)Jan 30 4:01 PMEST

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