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https://www.portofbrownsville.com/brazos-island-harbor-channel-improvement-project-signing-ceremony-propels-port-forward/
Rsi is starting to bounce off the bottom. I'm thinking she might be looking for some good news hopefully soon 🙏
They bought the climate change myth.....no investing by me.
So in the 2000s I learned charts n indicators. because I didn't want to become stock market losers like them lol. Naturally!!
I'm following this post because I bought 750 shares at 6.57.
I see resistance at $7.54 and at $7.81. Can anyone with more patience give me advice lol? I always sell short.
$NEXT Goodman had to sell their position down to max 10% because the position was moved into a restricted fund. They are under the 10% limit now so they are finished selling.With this feasibility study in place the company is now in the position to build the mine
Larry Culp reconfirmed earlier this week that
for this year 2021 the FCF would be $5 billion which means Q4 should be quite strong.
Culp also said this week that the Free Cash Flow for next year 2022
would reach at leasr $7 billion.
And somewhere the Motley Fool said this week the 2024 Free Cash Flow
would reach $10 billion (Aviation $6 billion, Health $3 billion, and Renewables/Power $1 billion)
I assume they got the $10 billion FCF from Culp.
You can take a few thoughts away from these comments from Culp's words.
At this year $5 billion FCF times 2.5 earnings
the stock price would be around $13 - which it is.
At $next year $7 billion FCF times 2.5 times earnings
you can guess the stock price will reach $18 ($144) a share.
At 2024 $10 billion FCF times 2.5 earnings
you can assume the stock will be $25 ($200).
I know there is now a total change with the 3 companies being split,
But for simplicity you can use the sbove example to clearly see
that the progression of the old GE
is at least 40% per year improvement.
A 40% return on my capital is plenty good when banks are paying me 1-2%
Anyone in finance would love a cap rate of 40% per annum.
Also, we know that Culp is totally understating what he might accomplish.
I have never seen him overstate anything.
So that profit picture does not include anything Culp might do beyond the normal GE profits.
We all know he is not a person to sit still for long.
So some sort of surprise will happen and it may be a doozey.
gene