 |
|
| View previous topic :: View next topic |
| Author |
Honda (HMC) |
HenryTo
Site Admin
Joined: 06 Aug 2004
Posts: 11735
Location: Los Angeles, California
|
 Posted: Thu Feb 04, 2010 4:43 pm Post subject: Honda (HMC) |
 |
|
Latest Morningstar's notes on the company:
| Quote: | | Honda Motor Company HMC reported a strong fiscal 2010 third quarter Wednesday. We are leaving our fair value unchanged. Revenue declined 11.5% for the quarter year over year, but declined only 6% on a constant currency basis. We expected cost-cutting moves to boost earnings once demand recovered and that story seems to be playing out. Operating income increased nearly 73%, as savings from decreases in research and development, selling, general, and administrative expenses, and reductions in fixed costs offset profit deductions because of declining revenue, unfavorable mix, and the impact of the strong yen. In another optimistic sign, management raised guidance for the dividend to JPY 36 per share from JPY 32. It also raised the outlook for operating income to JPY 320 billion from the JPY 190 billion given in its October guidance. Honda's prospects continue to look bright. The firm's financial health is strong. We estimate the company has generated free cash flow of $10.1 billion through the first nine months of fiscal 2010. All of the company's segments except power products are reporting respectable operating margins, and we expect Honda to do very well in the critical U.S. market this quarter, thanks to Toyota's TM troubles. |
|
|
| Back to top |
|
 |
| Author |
Honda (HMC) Replies |
rffrydr
Moderator
Joined: 30 Oct 2005
Posts: 16935
Location: Sunny California
|
| Posted: Tue Jan 10, 2012 1:29 am Post subject: |
|
|
Honda has lost "Consumer Reports"....an event (CA born and raised) not expected in my lifetime. 
They have been mining their brand to cover the yen damage and bad bets on hydrogen and gas. And Acura is just lost. Small motors are not giving them the diversification and Thailand/Fukishima have really taken their toll. They don't get the interlocking holdings that TM gets but there's still a wall of money behind them. Probably a buy.
_________________
Today is the Tomorrow you worried about Yesterday! |
|
| Back to top |
|
|
HenryTo
Site Admin
Joined: 06 Aug 2004
Posts: 11735
Location: Los Angeles, California
|
|
| Back to top |
|
|
Sub7
Junior Poster
Joined: 18 Mar 2011
Posts: 20
|
| Posted: Sun Apr 03, 2011 8:50 am Post subject: Honda Motors - HMC |
|
|
Sunday, April 3, 2011
Honda Motors Co.
Posted By Markets Analysis / USA / Tags: Honda Motors Co.
Weekly Chart – 28 Mar 2011
We had/have 2 support levels 36.64 (broken) and 36.4 (not sure if it will hold). Let us wish that the blue dashed trend-line would hold. Exit signal for late entry mid-term traders has been triggered by the break of level ~41
 [/b]
_________________
Markets Analysis Team
The Gathering Of Professionals |
|
| Back to top |
|
|
rffrydr
Moderator
Joined: 30 Oct 2005
Posts: 16935
Location: Sunny California
|
| Posted: Thu Mar 31, 2011 12:29 pm Post subject: |
|
|
| Quote: | | The situation remains very dynamic, and we expect more updates throughout April |
That's an understatement. I've seen this re-reported so many times now.
And if there is any more proof needed that a tailspin GM/Chrysler wouldn't have taken the industry down with it two years ago this is it. Current estimates of 550,000 units of world production lost.
_________________
Today is the Tomorrow you worried about Yesterday! |
|
| Back to top |
|
|
HenryTo
Site Admin
Joined: 06 Aug 2004
Posts: 11735
Location: Los Angeles, California
|
| Posted: Thu Mar 31, 2011 11:25 am Post subject: |
|
|
Latest updates on HMC and TM from Morningstar:
| Quote: | | Honda Motor HMC announced Thursday that it will resume light-vehicle production in Japan on April 11 and production of parts for vehicles outside Japan on April 4. However, the company estimates that output for both parts and vehicles will be only 50% of original production plans. This news means all Honda Japanese factories will be operational by April 11, which is good news, since it appears Honda's supply chain has been damaged the most by the earthquake. Honda's Japanese production is primarily hybrids, subcompacts, and most Acura models. Toyota Motor's TM status has not changed beyond production resuming for replacement parts and the Prius and two Lexus hybrid models. The situation remains very dynamic, and we expect more updates throughout April. Many media outlets recently reported on Toyota's rationing U.S. dealer orders of replacement parts but failed to mention that according to a Toyota press release Tuesday, less than 1% (about 233 of more than 300,000 part numbers) of part numbers are being rationed for specific customer orders only. Thus the part shortage is not as widespread as it appeared, and these parts are currently at adequate levels. Toyota just wants to prevent hoarding by dealers in anticipation of future shortages. We expect additional global supply-chain delays for the entire auto industry as rolling blackouts will make production of semiconductors, paint pigment, and other parts difficult for some time. We still do not plan to cut our fair value estimates for Toyota or Honda, as the yen has not stre ngthened to well below JPY 80 to the dollar. It is likely that both firms will eventually announce large reductions to fiscal 2012 earnings guidance that was given before the quake, but we expect both firms to make up the lost production and profits over the next few years. We continue to be optimistic about the recovery in global automotive demand beyond the delays caused by the earthquake. We think U.S. light-vehicle sales for late April and all of May will be lower than true demand levels, as we expect by that point inventories will be too low for many models made by both U.S. and Japanese automakers. Thus, although we expect the situation to get worse before it gets better, we still think the long-term outlook is bright. |
|
|
| Back to top |
|
|
rffrydr
Moderator
Joined: 30 Oct 2005
Posts: 16935
Location: Sunny California
|
| Posted: Thu Feb 04, 2010 9:33 pm Post subject: |
|
|
Honda's "hybrid for the rest of us" has backfired in exactly the way you'd expect it to. Volt transiotry rollout a wise move. They've gotten a bad case the "bloat" and some of the new designs are really lost in space. They're pushing ahead with hydrogen practically single-handedly--god bless 'em.
The Accord is solid however and the link with california girls will be hard to break. Like the rast, they need Yen relief...badly.
_________________
Today is the Tomorrow you worried about Yesterday! |
|
| Back to top |
|
|
Please log in to view without the ad banners |
|
|
|
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
|
Powered by phpBB
|
FAQ
Search
Memberlist
Usergroups
Statistics
Register
Profile
Log in to check your private messages
Log in
