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標題: TEN [打印本頁]

作者: Curry    時間: 2018-11-17 21:11     標題: TEN


作者: Curry    時間: 2018-11-17 21:13

If you wrote up a list of outperforming auto and commercial vehicle component stocks, it would look for all intents and purposes like you were writing in invisible ink. A few companies like Aptiv (APTV) and Magna (MGA) have been less-bad than average, and Allison (ALSN) and tiny Commercial Vehicle Group (CVGI) are up strongly over the past year, but for the most part, this has been a pretty awful sector as investors have written off the passenger vehicle market for the near term, priced in the commercial truck fall-off, and continued assuming that internal combustion engines are doomed.
There might be a little hyperbole there, but not too much, and Tenneco (TEN) certainly continues to get almost no benefit of the doubt. Although second-quarter margins and margin guidance weren't great, the Street seems to be pricing these shares for ugly future margins and cash flow. Likewise, the idea that spinning off the Ride Performance and Aftermarket business will unlock any value seems to be largely dismissed at present. I really can't say that Tenneco is a top-notch idea now, but sector-wide valuations seem to be washing out, and this is a name worth watching for an eventual recovery opportunity.
https://seekingalpha.com/article/4209903-without-federal-mogul-street-just-care-tenneco-now

作者: Curry    時間: 2018-11-17 21:15


作者: 蔚藍    時間: 2018-11-18 08:03

Tenneco於2018年10月1日完成Federal-Mogul收購後,預計隔年底馬上要將動力傳技術與售後零件/乘車性能業務分拆成兩家獨立公司,電池電動車產業興起對Tenneco的動力傳技術業務影響很大,因燃油引擎所需排氣系統相關零件用不到了,部份傳動零件也是…當然Tenneco很樂觀的預估到2030年電池電動車的市佔比只有13%,燃油車/油電混合車還擁有87%市佔。該公司認為在此期間透過對燃油車嚴格的環保排氣限制,公司還能依舊成長…

Tenneco
小型車業務佔76%,小弟覺得能這麼樂觀嗎?尤其現在霧霾這麼嚴重…












[ 本帖最後由 蔚藍 於 2018-11-18 08:07 編輯 ]
作者: ted_17    時間: 2018-11-21 13:49

川普支解EPA成功,川普任內有望繼續鬆綁汽車排氣法條。但是在期中選舉民主黨贏得House多數有可能會開始廢棄對川普政策重新立法,傳統燃油汽車業未來危機重重。也許電動車是布局的好方向。福特(F)最近不是花了不少BLING BLING研究電動車? (https://seekingalpha.com/article/4213475-ford-making-move-electric-vehicles)
作者: Friendk    時間: 2018-11-21 14:22

買做車用椅子,窗簾,電線,....可能勝算大一點(比內燃機,歧管)
作者: kandv124    時間: 2018-11-21 17:02

環保節能減碳喊了這麼多年
我只看到 TEN 的常利....
穩定增長
說真的...與其預測未來會怎麼樣....
為啥不直接看看營再表這幾年獲利....
作者: 蔚藍    時間: 2018-11-21 17:45

自從踩了GNC、BBBY後,對於判斷會不會變的產業更顯的謹慎了,
相信許多同學都有些許感觸…
下面是2014、2015年的GNC、BBBY的盈再表~

而且TEN公司合併後都想快點分拆了,
短期來看工業技術、地位領先應該沒問題,
可長期來看可能變數風險很大…


近一年上班的路途中也看到越來越多人騎GOGORO了,
個人感覺這行業趨勢已在改變,機車、小型汽車的變化會較為快速,
近年因為空污影響,也讓台灣許多大型企業投資不少經費在環保設備上…







[ 本帖最後由 蔚藍 於 2018-11-21 18:07 編輯 ]
作者: mikeon88    時間: 2018-11-21 18:05

我相信重新再來一次,仍然會踩雷。
投資是社會科學,無法百分百正確,所以才要多種果樹。

不過,還是鼓勵同學多研究,找出新的法子提高選股勝率,





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