old school stocks

[moneymaker]

So I bought some ATT and Ford stock recently. I’m pretty confident in them, although I don’t agree with how they are running their businesses. How can they be so low in price when the market is so high? And secondly why are there not Carl Icahn types taking them on as to the way they run their business? I could write a paragraph on each as to what they are doing wrong, but I’ll refrain. So low P/E, pays a good healthy dividend, at or near 52 week lows, what am I missing?

[spdrun]

Hope that Found on Road Dead, Inc bankrupts after Iran mines the Strait of Hormuz and oil shoots up to $200/bbl. Their US strategy of building more guzzling SUVs and trucks for the “heartland” crowd plainly sucks.

Apparently, they plan to get rid of all US-market cars other than the Rustang and concentrate on trucks and SUVs only. Bleh. Europe and California are burning up this summer, and no one seems to give a fuck in the US.

Just fiddlin’ while the world burns.

[moneymaker]

Yes the mileage on my F-150 4×4 suckx. But I would still buy it again when I did. Trumps F the mileage stance should help them. But Ford doesn’t really listen to what people want. There are people that want smaller trucks, hence the past rise in foreign trucks. Check out your gardeners truck, bet it is an import.
ATT forces people to get Direct when they want tv, they should give people a choice. Sure make the dish a little cheaper it they want to entice but don’t force people to get what they don’t want.

[Coronita]

Imho, automakers are the first to get hit with any sort of tariff war.

Also, specifically with Ford, it’s gambling by shifting all small car production out of the U.S. and into china/mexico, and leaving almost all of domestic US car production for trucks and suv’s (except the Mustang). It’s the same short sighted decisions that US automakers have made in the past, that Mulally tried to put an end to when he was CEO, only for his successor to reverse.

If oil/gas prices start going up significantly, American consumers are going to be ditching their gas guzzling SUV/Trucks again, and want to switch back to things more economical. However, at that point Ford won’t have a decent sedan/small car portfolio in the US to meet demand. They’ll have to bring their cars from abroad, subject to tariffs. Other players like Hyundai, Honda, Toyota, will probably be increasing sedan production in the US to reduce the impact of tariffs. I don’t know, it just seems like Ford’s recent strategy is walking into tariff’s harms way, while everyone else is trying to increase passenger car production in the U.S.

[FlyerInHi]

I have a new F150 to pull a trailer. But that’s it. I don’t love it. I don’t understand why people want to drive those monstrosities everyday.

I think policy wise, cars should be made smaller and lighter across the board to save energy. It shouldn’t an arms races to the biggest baddest.

[Coronita]

[quote=FlyerInHi]I have a new F150 to pull a trailer.

[/quote]

[quote]
I think policy wise, cars should be made smaller and lighter across the board to save energy. It shouldn’t an arms races to the biggest baddest.[/quote]

Ah yes, the same old, everyone else should do what’s better for the environment and drive something more fuel efficient….everyone but me…..something’s never change , lol…

[FlyerInHi]

Haha… I drive a small electric everyday. I love it.
Big vehicles are for niche uses.

Problem now is that people are one upping one another in size for safety and view of the road So most the efficiency gains are lost to weight

[Myriad]

Well, if people want to be stupid and buy gas guzzeling SUVs and trucks more power to them. When gas prices go up, I just have no sympathy for them.

https://www.businessinsider.com/a-supply-crunch-in-the-oil-market-looks-inevitable-2018-8
Might take a few years for oil to really go up.
The smart play might be to go get a EV in a few years – there’ll be lots more choice by then. VW is investing $40B in EVs in the next 5 years.
GM might be the better stock play with their autonomy investments, or NVDA if you want to go pure autonomy, but it’s expensive.

T just seems to be a dividend play, doesn’t seem to appreciate much. I think the problem is that you get your 6%, but you miss out on the 60% gain vs the S&P in the last 4 years. Or that it has $190B in debt

[moneymaker]

Just bought some Ford, hope it wasn’t a mistake! At $9.80 it has to go down to $9.20 to lose money considering the dividend.

[moneymaker]

Just noticed my first dividend payout from my ATT stock. Sweet!

[Coronita]

every +-20 cent change to AMD common share price is like +-$4500 to my account.

Let’s just say I am stacked 2020 call options.

This could end either really good or really bad… well really bad means I break even with the shares I bought in the mid $2 when they were about to go under. I sort of think AMD is one of them once in a life time opportunities in which because of the uber mess up that is happening at their singleton competitor *cough* intel, they have a once in a lifetime chance to do some serious damage and steal some serious market share in the server space from an almost 90+% intel monopoly. And for once, AMD has a technical CEO that knows what she is doing… stay tuned.

Surprisingly, even with the volatility, I sleep pretty well lol. I guess I am getting old and too old to worry, lol.

[Myriad]

[quote=moneymaker]Just noticed my first dividend payout from my ATT stock. Sweet![/quote]

Enjoy it while it lasts. With $170B in debt, any mistake and they’ll have to cut the dividend. Hopefully they don’t screw up HBO while they are cost cutting.

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