Quote:
Originally Posted by Diabolo_7  Well the insider (not so much insider) information I have is for goodyear... It might be a good longterm investment (we had a seminar by someone from goodyear not so long ago). As for the biotech exposure, well it kind of is my field lol... thats why you see the biotech exposure.
As for the chinese companies, I told you I am a newbie, so shwei shwei 3leyye... |
For biotech,
I kind of figure...that's why I asked for inside information lol
Here's my opinion about goodyear Tires (I could be totally wrong):
- GT is related to car industry...car industry is going down especially in the US
- GT is related to big ticket items (airplanes, industrial equipment, earthmoving equipment)...there is a slowdown in this category globally
- Rubber (material) is going up in price which in turn eats up profit margin of GT
- A lot of debt on the balance sheet.
- Cash flow from operating activities is going down as far back as 2005 (cedar revolution)....
BTW, everything is good in the long term but which long term?