In the mean time, GE shareholders (patsies) are getting tired of seeing other companies get ahead while GE languishes. They see Imelt divesting and they know this is the sign of a company in retreat, not growth. They also know that if they sell their shares that it will begin a share price collapse. So instead they are pressuring Imelt to break GE up and sell it off while the economy still has not officially entered a depression.
Of course, that would put Imelt out of a job and job 1 is always to stay in power regardless. So Imelt is out trying to talk up his book (the failed debt financed conglomerate model). I don't think he has a chance of convincing anyone. If it was going to continue working it would already be showing signs of life instead of being on a decline since Y2K. I don't know when GE will finally collapse but the warning signs are beginning to add up: high debt, very low cash, constant divestitures, unhappy shareholder and CEO on the defensive. To say nothing of a pathetically low Altman zscore which currently reads 1.54 according to gurufocus.com:
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