Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (8) | Ignore Thread Prev | Next
Author: JustMee01 Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 18099  
Subject: Re: Very Solid Q3 Results Date: 10/30/2012 1:46 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Has anyone listened to the call? What's their 2013 guidance for Europe? I believe they just lowered guidance for Europe to a $1.5B loss for 2012. Through 9 mos. they've lost just over a billion in Europe. That means that Q4 is expected to be as bad as Q3. I'd be interested to know if that includes charges on plant closures and other 1 offs, or if they expect Q4 to be as bad excluding special items. If that were the case, then you'd have to expect this to last well into 2013.

The other question is are they losing share in SA? They're positive on margins again, but is that just due to discipline on pricing. Is dumping by other manufacturers just wrecking that market, or are we seeing some nominal pricing discipline by everyone?

I haven't listened to the call yet and probably will later today.

Peter
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (8) | Ignore Thread Prev | Next

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement