Is Ford Motor Company heading for bankruptcy?

[Dawoofdaddy]

$6.50 per share today.

Has looked like shit for years.

Which is most likely to happen?

F stock going to $15 or $2 or less?

Basehead, do you still own stock in this puddle of sewage?

Maybe its best for future of F if they file bankruptcy, reorganize the company, reissue the shares.

:hanging:

 

[TKE683]

I'm thinking it goes lower before it comes back up.

 

[MRPOOPS]

I heard Nissan and another company are going to take a 20% stake into Ford. Look it up I heard it yesterday.

 

[UoweDucks]

Ford isn't going bankrupt. The ford family owns half the company and it would ruin them. They'll slog it out. Look for a partnership and when it happens the stock will MOVE.

 

[UoweDucks]

I might add a few other tidbits that can be found in Fords Balance sheet:

• Ford was profitable full year 2005 with earnings of 1.04 per share or 2 BILLION
• 23 billion in CASH, 17.8 billion in debt, though less than 5 billion comes due in next 20 years

Ford is in a managable situation right now, watch their passenger car sales, the Fusion and 500 are selling very well, they make a profit on these as opposed to the taurus. When the new crossover SUV's hit later this summer I would expect the stock to react very favorable, these items are winners and should help to offsett the lost revenues in the SUV segment.

 

[BASEHEAD]

$6.50 per share today.

Has looked like shit for years.

Which is most likely to happen?

F stock going to $15 or $2 or less?

Basehead, do you still own stock in this puddle of sewage?

Maybe its best for future of F if they file bankruptcy, reorganize the company, reissue the shares.

:hanging:

Were you buying gold when it was 300.00 an oz. Woof?

Im long on very few stocks but Ford is one of them.Its a value play b/c IMO this company will never go bankrupt and its going to climb again Im sure.I think its close to bottoming out and have implemented some programs that will make headway toward solving some of their underlying problems.If worst comes to worst the PPT will bail them out right?

IMO GM is much worse off than Ford and though thier problems are far from solved GM has made a nice rebound lately (PPT???)

 

[DennyCrane+]

Ford also owns Jaguar, which most likely makes a buck or two.

 

[UoweDucks]

Jag is a loser but hopes remain with the new XK which is IMO a hell of a nice looking ride. Ford has turned Land Rover from a loser into a cash cow with their latest redesigns so there is proof that it can be done.

 

[Dawoofdaddy]

Were you buying gold when it was 300.00 an oz. Woof?

Im long on very few stocks but Ford is one of them.Its a value play b/c IMO this company will never go bankrupt and its going to climb again Im sure.I think its close to bottoming out and have implemented some programs that will make headway toward solving some of their underlying problems.If worst comes to worst the PPT will bail them out right?

IMO GM is much worse off than Ford and though thier problems are far from solved GM has made a nice rebound lately (PPT???)

Technically, to answer your question, no I wasnt buying gold when it was $300 per oz.....I bought my physical bullion below $300. Lucky timing I suppose as I bought near the bottom.

Just wanted to know if you still owned Ford stock since its the only stock I recall you posting about and it hasnt done well.

Would be best for the company if it filed bankruptcy, reorganized the assets, dissolved all the current stock shares, and reissued new shares.

Maybe this dog works out for you, but I believe there other investments that are more likely to go higher.

Overall market took a big dump during June...maybe it scratches and claws its way to a decent year....maybe not...at this point I sure as hell dont know and have no opinion.

I bet the Nasdaq would fall starting in May and it was a profitable trade (over 10% from early May to mid-June). Currently, I have no active futures short term nasdaq trades.

Im still holding all the long term commodity related investments I have held for several years.

I wouldnt make investments assuming a govt bailout, but to each his/her own. Many airlines went broke and shareholders lost everything. Nothing says Ford shares cannot go to zero.

Seems that too many investors are confused with thinking govt will bail out every dud company. These shares could go to zero, Ford could file for bankruptcy, but still operate as an active business.

 

[UoweDucks]

Dawoof,
I don't think you are seeing the what the reality of a ford banko would mean to the FORD family which owns 44% of the voting shares. It would ruin them. Do you really think that Bill Ford would even consider this as an option?

Looking at the balance sheet how do you see the company going to zero? You do realize that they made a profit last year right?

 

[Dawoofdaddy]

Ducks, I see it plainly that this company has problems...the stock has underperformed for years.

What is it about the Ford family that convinces you they cannot lose their asses if this company doesnt change what its been doing?

Ford has a market capitalization of 12 billion...not peanuts of course, but in Wall Street terms this is really not a large company.

GE, Cisco, Intel, Proctor & Gamble, Boeing, are all over 100 billion as are many others.

Hell, even Google is now worth over 100 billion.

:nopityA:A 30 year chart of Ford stock price. I may consider buying this POS if it gets cut in half from its current level...until then, you guys can have it.

 

[PercocetThreat]

I don't think they'll go bankrupt but there are countless other better investment options out there. That multi year chart sure is disgusting. ucking:

 

[PercocetThreat]

I heard Nissan and another company are going to take a 20% stake into Ford. Look it up I heard it yesterday.

That's GM, not Ford.

 

[PercocetThreat]

I might add a few other tidbits that can be found in Fords Balance sheet:

• Ford was profitable full year 2005 with earnings of 1.04 per share or 2 BILLION
• 23 billion in CASH, 17.8 billion in debt, though less than 5 billion comes due in next 20 years

Ford is in a managable situation right now, watch their passenger car sales, the Fusion and 500 are selling very well, they make a profit on these as opposed to the taurus. When the new crossover SUV's hit later this summer I would expect the stock to react very favorable, these items are winners and should help to offsett the lost revenues in the SUV segment.

Where did you get that info from?? Per their Q1 2006 report, they have over $150 billion in debt.

 

[UoweDucks]

Where did you get that info from?? Per their Q1 2006 report, they have over $150 billion in debt.

You are including the 133 billion in receivables from Ford Finance division. These are car loans and this level is consistent with any other finance company. Ford Finance is a healthy entity that is very profitable.

No one is going to arugue that the stock hasn't been a stinker, I choose to play the turnaround via the convertable preferred. It now yields 12% and moves in step with the common. I can afford to wait a few years while I get paid handsomely for being patient. I look at this investment as a buying a junk bond with big appreciation upside. The biggest risk is banrupcy and I see little chance of that happening.

 

[PercocetThreat]

got ya, I hope it works out for you.

 

[UoweDucks]

Ford is on the move now

Too predictable. I had said the stock would start acting better the closer to the new car release dates we get. The wall street merry-go-round. Ford is going to be just fine. Up 23% in last month.



Ford shares jump on Bear Stearns ratings
Troubled automaker's stock jumps as analyst upgrades it to 'outperform' based on expected results from turnaround plan.
August 14 2006: 6:36 PM EDT
<!--startclickprintexclude-->
<!-- CONTENT --><!--endclickprintexclude-->DETROIT (Reuters) -- Shares of Ford jumped on Monday after a Bear Stearns analyst changed his ratings on the troubled automaker.
Peter Nesvold raised his rating on Ford to "outperform" from "underperform" while lowering larger rival GM to "underperform" from "peer perform."
<!--startclickprintexclude--><TABLE style="PADDING-LEFT: 10px" cellSpacing=0 cellPadding=0 width=220 align=right border=0><TBODY><TR><TD class=IErow><TABLE cellSpacing=0 cellPadding=0 width=220 align=right bgColor=#ffffff border=0><TBODY><TR><TD style="PADDING-BOTTOM: 15px" align=middle> </TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE><!--endclickprintexclude-->"We believe most of the good news is behind GM but ahead of Ford," Nesvold wrote in a research note.
Ford (up $0.46 to $7.83, Charts) shares rose 3 percent in morning trading. GM (up $0.09 to $30.20, Charts) shares were off 0.2 percent on the New York Stock Exchange.
GM's benchmark long bonds were a touch lower, and bonds of Ford's finance arm were slightly higher after Nesvold's change in ratings.
GM's 8.375 percent bonds due in 2033 fell to 83.125 cents on the dollar, down from 83.5 cents on Friday; Ford Motor Credit's 6.32 percent notes due in 2007 rose to about 99 cents on the dollar, up from 98.625 cents on Aug. 9, their last reported trade.
GM, which lost $10.6 billion in 2005, is in the middle of a sweeping restructuring in which it has cut more than 30,000 jobs. The world's largest automaker also plans to close 12 plants.
GM shares have risen almost 55 percent this year, a sign that investors believe the automaker's turnaround is gaining traction.
"We believe investors are starting to conclude that GM's written the restructuring playbook for Ford," Nesvold said.
"We expect Ford to reemerge in September with a more aggressive turnaround," he added.
Ford, which posted a second-quarter loss of $254 million and has hired an outside financial adviser, has said it will close 14 plants and cut up to 30,000 factory jobs to return its North American unit to profitability by 2008.
The automaker has said it will announce details of an accelerated version of its restructuring plan by the end of September.
Given GM's rise in stock price, Nesvold said he believes "investors will warm up in a hurry to a restructured Ford."

 

[stewie21]

I don't believe Ford will go into bankruptcy.. look at their balance sheet, if they trade below book value then an institution or major investor will come in and swoop up a ton of shares a la Kerkorian with GM..just because they are losing money on a quarterly or even a yearly basis, they still have a good amount of cash and can make executive decisions to lessen the amount of their debt..job cuts among other things. I have been a huge buyer of their short term debt (bonds) great yields... I prefer their fixed income with a maturity of less than 2-2.5 yrs.. As a long term investment, I would skeptical as there is heavy short selling pressure out there. As always do your due dilegence and good luck!

 

[UoweDucks]

I own some of the short debt as well as the convertible preferred. The stock will move around based on short term news but out a few years this company will be much healthier and the stock will be much higher.

 

[hellah10]

if Ford didnt make a piece of shit product.... maybe they wouldnt be in this mess to begin with...