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  • William Maley
    William Maley

    Ford Keeping Its Mouth Mostly Shut With Wall Street

    Not saying anything till we're good and ready

    Automakers except for Tesla are finding it tough to appease to Wall Street. Despite rising sales and various plans for electrics and autonomous vehicles, Wall Street takes a very pessimistic view of the industry. Ford has been trying their best to change Wall Street's view but to no avail, so they are changing up their strategy.

    “In the past, maybe we said too much. This is a very competitive world we’re in. You want to give Wall Street enough information, but you also don’t want to telegraph exactly where you’re going. And I think that’s a balance that we are going to continue to work on,” said Ford Executive Chairman, Bill Ford at a Detroit Economic Club event.

    This assessment comes after analysts downgraded their rating of Ford after CEO Jim Hackett told investors that it would take time for him to turn the company around. According to Bloomberg, 19 analysts gave Ford a rating of Hold while 2 said to sell.

    “We are trying to provide clarity without being so open that we tip our hand in some areas that we think are very key for competitive advantage. The key is providing clarity when we’re ready so that investors can make an informed decision,” said Ford.

    Despite beating analysts’ earnings expectations for each quarter of this year, Ford's stock price has been hovering in the $12 range, down 2.5 percent year-over-year.

    Source: Bloomberg


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    Yea, expectations from wall street suck as they want instant gratification and not have to wait for some hard work to pay off. Keep em in the dark, give just enough info to show the direction you're moving in.

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    Most any company, except possibly one that is in need of bolstering their share price in the short term, would be wise to keep their numbers as 'close to the vest, as possibly with Wall Street in this market environment.

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    They're never going to please the masters. Now maybe if they dropped the unions and cut more fat (people, of course), the stock might go up...maybe.

    I know they can swing it....time to go private.

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    5 minutes ago, daves87rs said:

    They're never going to please the masters. Now maybe if they dropped the unions and cut more fat (people, of course), the stock might go up...maybe.

    I know they can swing it....time to go private.

    If everyone goes private then what will our 401K's invest in? ;) 

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    4 minutes ago, dfelt said:

    If everyone goes private then what will our 401K's invest in? ;) 

     

    Then we go back to the old fashioned way our parents did....save it.  Find other ways to invest as well....

    Now I'm not saying everyone should-that would be kinda dumb. But-they are companies that are going to do better by themselves...like automakers and retail-neither are going to impress wall street in the future-better to do it on their own....so they can do what THEY want...not the shareholders.

    Still would like choice in my auto....:)

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    29 minutes ago, daves87rs said:

     

    Then we go back to the old fashioned way our parents did....save it.  Find other ways to invest as well....

    Now I'm not saying everyone should-that would be kinda dumb. But-they are companies that are going to do better by themselves...like automakers and retail-neither are going to impress wall street in the future-better to do it on their own....so they can do what THEY want...not the shareholders.

    Still would like choice in my auto....:)

    I get it and I was also being sarcastic. Working for Dell now a private company has been interesting since we used to be EMC a public company.

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    6 minutes ago, dfelt said:

    I get it and I was also being sarcastic. Working for Dell now a private company has been interesting since we used to be EMC a public company.

    Sorry....I missed it...kinda been my platform lately....:D:P

    Like my Dells....:)

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    1 minute ago, daves87rs said:

    Sorry....I missed it...kinda been my platform lately....:D:P

    Like my Dells....:)

    Agree, my Dell computers have been pretty solid. 

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