It’s hard to not think that the virus is but a smokescreen. Ford must have been thinking about rescinding the dividends for a while, given how the share price has struggled in the past few years. This is disappointed as I bought the stock for the dividends.
On the flip side, the suspension of the dividends changes the outlook on the strength of the stock quite a bit.
The earnings call will take place at 10pm tonight. Expect some turbulence in the stock price. It would be good to get an update on dividends.
Expected revenue is just above $30B and earnings-per-share -0.06, both below previous quarter.
Anyone have any thoughts on Ford now they are starting to get the Mach E out & the increased investment into future EV production?
I’m bullish on $F they have a strong headwind like all automotive companies but the real test for them will be the electric pickup. The F150 is the golden goose and they need the EF150 (if that’s the name) to be good to succeed.
They don’t seem to have a big hand in self driving however which is a concern for the 5-10 year horizon. No reason they can’t licence from someone else but owning and controlling R&D is obviously better.
Ford are partnering with Argo Ai for their self driving cars. I think Volkswagon are using them as well
Seems Investors like Ford’s electric vehicle announcements yesterday. I’m now 71% up
Dropping an $11bn investment into Kentucky - I’d love to see what incentives they got for this
I’m 100% up now in Ford, who says you need fancy new EV companies to make a few quid?
Dividend is reinstated as well
Is that a refurbished truck from the 70’s?
Looks amazing doesn’t it! It’s a concept truck based on the heritage of the F150.
Looks great on the outside. The inside looks like they just slapped a modern plastic steering wheel in an old truck and glued an ipad to the dash
Strong meme game
Ford is flying recently. Up again today. Anyone got them for a 2022 bagger? they would have won last year…
I didn’t have Ford as my bagger but I have been upping my holding as I expect great things of them over the coming years.
Will it all be built off the success of the electric F150? not sure if their small-mid range will do the same.
They’ll need to do something about their 2% profit margin if they want to tackle the $145bn debt. Hopefully they’ll have copied the Tesla / vertical integration for the F150 lighting. They have a 66% loyalty with the gas F150, if they can make enough and transition buyer over they’ll be on good footing