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Yahoo Finance's 2021 All Markets Summit — The Path Forward
October 25 from 9:00 a.m to 5 p.m. ET
Toyota Motor Corporation (TM)
NYSE - NYSE Delayed Price. Currency in USD
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875 reactions on $TM conversation
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What could happen to automobile stocks like TM when the news comes out that the chip shortage is over?
TM is correct to continue Hybrid and battery innovation and technology. Also, hydrogen is a technology that can the real game changer, TM is is on the leading technology of this. Government should not pick winners - they should support all technology and then let the market decide. Many years to get EV to be a majority of cars in USA - other technology will compete. TM is in a great position to capture and develop multiple technologies. A well run company with a very low evaluation. Time to buy and hold - in my case just keep adding.
Trigon Metals Inc ($TM TM.v PNTZF) successfully restarting the Kombat Mine after 14 years of closure is a massive milestone for the company, the community of Kombat, Namibia and the shareholders!
$TM has a promising future ahead of them IMO, this is going to be solid for them!
Toyota Mirai Covers 845 Miles Without Refueling, Sets World Record
Akio Toyoda told his colleagues that transitioning to all EVs would be an expensive mistake. “This means that production of more than 8 million units would be lost, and the automotive industry could risk losing the majority of 5.5 million jobs. If they say internal combustion engines are the enemy, we would not be able to produce almost any vehicles.”
it will be sad seeing Toyota crash and burn
Toyota trading details in Japan - for those that are curious:
Toyota trades under code: 7203
Current shares outstanding: 16,314,987,460
Split adjusted price: 1,902.0 yen (US$17.06 per share)
It has split in Japan.
What is sold in the US is a American Depositary Receipt (ADR)
This is a negotiable certificate issued by a U.S. depositary bank representing a specified number of shares.
Toyota is listed on the New York Stock Exchange as ADR.
Unlike most companies - Toyota lists two ordinary shares for every one ADR.
If you would like to learn more - please google Toyota ADR investorplace.
Given the way ADR's are represented on the NY stock exchange - there are complications in getting TM's ADR's split adjusted.
If you'd like to try a little math exercise... do this:
current TM price: $173
divide by 5 (split) = $34.60
TM close in Japan yen 1,904.00
US $ers = $17.06 (converted to US $ers)
US$17.06 times 2 = US$35.2
Current price on NY stock exchange is a bit below closing price in Japan
US$35.2 > US$34.60
I think the recent stock split in Japan should have been done in the U.S. as well, rather than an ADR adjusted ratio. Compared to GM and F stocks, TM seems "out of reach" to a lot of "common" and "new" investors which in this day and age are very much into tech stocks. Besides, the psychological effect of owning shares in a car company one drives makes common sense even to a non-psychiatrist.
I Taut I Taw A Puddy Cat
I am not a pickup truck fan, and I never to own one, but the new Toyota Tundra make Ford, GM and RAM look dated. Tundra can auto correct when back your boat toward the water. Even, I don't need it, I want one.
Im waiting for the stock split. Still nothing has adjusted in my portfolio. Why has this take so long?
My question- With the chip shortage can TM hold this price? I know they “banked” chips and help them tremendously. I assume they are now in same position as other car companies? GM earnings were soft and stock price dropped. Can TM avoid this? I read they don’t have to discount - getting premium price for cars? How do they keep this stock price with next earnings with all the headwinds? Big fan of TM and management. Thanks
Toyota sell 20 times the number of cars per year Tesla sells with a market cap only 60% higher. How many years will it take for. Tesla to catch up to its current price? Five million cars a year won't do it for Tesla. Tesla is dead money until it is many times its current size. That won't happen any time soon. How many more coal plants will China have to build to power Tesla? Unreasonable expectations coupled with unwise subsidies for electric cars are not only fueling this market insanity, but polluting the air mercilessly. You can barely breathe in Beijing as it is.
Tesla had their shareholders meeting yesterday - and Musk said they would open their licensing to FSD. Licensing. To all car manufacturers.
My sense is that Toyota will probably be one of the last to accept. When you are the big dog - you never think you can get knocked off the hill.
Joint Venture Company Continues Hiring Push to Exclusively Produce Two Vehicles
HUNTSVILLE, Ala., Sept. 30, 2021 /PRNewswire/ -- With the push of a button and an engine roaring to life, Mazda Toyota Manufacturing (MTM) and its over 2,000 team members celebrated the start of production of the all-new 2022 Corolla Cross. MTM, the only North American facility to produce the Corolla Cross, is a joint venture partnership between Mazda Motor Corporation and Toyota Motor Corporation. The plant continues to hire in preparation for production of the as-yet-to-be-announced Mazda vehicle.
The government is providing incentives to car companies that build EV’s in the form of tax credits. Why not let company’s compete on a level playing field. Government Corporation of America politics and Discrimination.
#Copper is one of the essential components of solar power engines as more countries take the initiative to go green and utilize alternative energy sources to fossil fuels having a #copper play in your portfolio will surely pay off.
Ive been keeping a close eye on $TM.v / $PNTZF aka Trigon Metals, a mining company based out of Africa that focusses on #Copper #Silver and #Lead deposits in their flagship Kombat Mine property in Namibia.
Today on instagram $TM.v / $PNTZF shared this post about the strides Namibia is taking to become a renewable energy hub of Africa. As a part of this they will focus heavily on using solar power and hydro electricity as a main source of power. Thus resulting in high demands for #copper.
This will be huge for $TM.v / $PNTZF if they become the main provider of #copper and other precious metals used for building this green tech.
I sold out of my position. Drive by any Toyota dealer and you will see empty lots. I have been trying to buy a new Sienna at any price for 6 months and have not been able to. With the September shut down (due to chip shortages), the dealers I talked to said come back next year. No inventory = No sales. This stock will go down next earnings.
Sales of ICE cars have begun an unstoppable decline. Toyota with low profit margins and a high mix of ICE cars for sale will quickly find that declining sales will not produce sufficient profit to reinvest and pivot to electric cars. It is too late for Toyota without government funding they will be bankrupt in five years.
The chip shortage is problematic, which makes it worse when Demand is so high. When looking at TM, Honda, GM, Ford stock currently, it is not about the chip shortages now, but in the 9 months plus. Will the shortages still be here? I doubt it, especially at the level it is now. More and more people around the world, especially in those auto and computer producing countries (including US) are getting vaccinated and will probably gets boosters and take a Merck Pill, so in my opinion it looks good, just not now. You got to look beyond NOW and take your current emotions, political, socials views out it. I bet you this time next year, TM stock will be at least 230.
Passenger car registrations dropped 23.1% in September in the European Union, according to a report by the European Automobile Manufacturers' Association (ACEA) on Friday. 718,598 units were registered across the EU, the lowest number for a month of September since 1995.
The largest EU economies also saw a slump in car sales, with Italy declining by 32.7%, followed by Germany, where registrations fell by 25.7%, France by 20.5% and Spain by 15.7%. "This decrease in sales was largely caused by a lack of supply of vehicles due to the ongoing semiconductor shortage," the ACEA stated.
Breaking the News / DJ
China Machinery Industry Federation Executive Vice President Chen Bin warned on Friday that the Chinese automakers could produce two million fewer vehicles this year compared to 2020. He attributed this drop to the ongoing semiconductor shortage and the "fragility of China's manufacturing supply chain," stating that "a single chip can affect the production and sales of millions of cars a year."
Chen added that other products, such as "industrial sensors, basic industrial software, special raw materials, and precision instrumentation which rely heavily on imports" could be affected by "natural calamities and man-made misfortune," according to the Global Times.
Breaking the News / DJ
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