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Author: jhw888 Two stars, 250 posts Old School Fool Global Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 320  
Subject: Re: Dead? Date: 12/7/2007 1:55 PM
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I've owned HMC for about 4 or 5 yrs. It's done ok [I'm up about 70%] but not as well as TM which I had considered buying in place of HMC. Only wanted 1 Japan stock at the time [part of my intl diversification plan] & certainly only 1 Japanese auto maker.

What intrigued me about HMC was that they not only make cars but their motorcycles are very popular & an impt part of their offering. Since it seems in a lot of countries in Asia motorcycles are more affordable & easier to get around in than cars HMC has a strong mkt in that area.

HMC also manufactures outstanding marine outboard motors. A few boat owners I've know over the yrs will only purchase a Honda outboard motor b/c they are so reliable. Certainly no one wants to be out on the ocean & have their motor fail & fr what I understand they motors are very easy to repair should something go wrong.

Also in doing a bit of researching on HMC I was additionally impressed that they make jet engines which are apparently very good.

So, perhaps financially not the very most advantageous decision in retrospect b/c TM's stock price has increased more than HMC, I selected HMC as it seemed more diversified & interesting & a co that I thought I would want to own for a long time.

1 last decision that made me not select TM, though again I would have made more on the stock esp if I'd bought TM vers HMC, was I went to look at the Lexus sedan & SUV. After comparing them to similar models by BMW & Mercedes I wasn't impressed in the least by the Lexus. Also the staff at the TM dealership were lazy & not very helpful which I did not think reflected well on the professionalism that TM holds their staff to. When 1 needed a little truck I looked at the Honda trucks which were fine & the staff very helpful but they were a bit pricier than the comparable Mazda so we, needing to base a decision on cost, bought the Mazda but would have bought the Honda if the truck had been near the same price.

Good luck w/ HMC. I think it will do well in the long run & have been pleased to own such an innovative co. They are working on some interesting products that should surely keep the co growing.
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