Its not going to happen over night but there must be some value they can squeeze out of the hundreds of companies within the group?
Looks as though some interest is returning to the stock - nice rebound. Surely there must be some value in those hundreds of different businesses under the GE umbrella?
I think the stock will gradually come back up as Peltz and others force management to cut the fat and make other changes that will be good for shareholders. Jeff Immelt was not a very good CEO. Things are looking up with him gone.
Many of the companies under the GE umbrella seem to have lost focus and maybe separating them again from the main group could reap significant rewards?
The introduction of new management offers the perfect opportunity to clear the decks and write down as many investments as possible, creating a firm base for the future. The next set of results will likely be a "kitchen sink job".
Out with the old, in with the new, blame everything on the old management team and yes I think we will see a "kitchen sink" job with the next results. Wipe the slate clean, admit mistakes, sell-off under performing businesses and try to get back towards a more focused and manageable group.
This one is a buy and tuck away for the future - maybe accumulate stock on bad days, of which there are likely to be many along the road to recovery!
"GE could be removed from the Dow Jones Industrial Average, according to a report from an analyst with Deutsche Bank" https://www.bizjournals.com/albany/...ropped-from-the-dow.html?ana=yahoo&yptr=yahoo In my mind this opens an interesting window of opportunity in the short term as fund managers will be forced to review their stock weightings in GE and Dow Jones Industrial Average tracker funds will be forced to sell up if GE is replaced, all leading to short term downward pressure on the price. This is an artificial position in my mind even though it might take a while for any stock overhang to clear, placing more and more downward pressure on the price until it is cleared. Watch this space
It did look as though this one was going to perk up but the recent downturn in markets seems to have hit sentiment hard. Was the rise based on takeover hopes or the breakup value?
Not a friend in the world at the moment - history shows these are around about the times it is worth picking stock up. Wait for signs of a change in trend or one broker breaking from the pack and becoming a little less pessimistic.
