Comments for ACF - Stockpickr! Your Source for Stock Ideas

Comments for ACF

Added By	Comments	Type	Date Added
High Dividends	13.8	Love	April 20, 2009
RUZBEST	cars credit	Love	December 23, 2008
barrons3	Fairholme Capital Management raised its holdings to 31.8 million shares (24.2%), from 22.8 million (19.65%) reported in November. Fairholme in November said it was in discussions with the consumer automobile-finance company about exchange of certain debt securities held by Fairholme for additional shares.	Love	December 20, 2008
High Dividends	17.9	Love	December 17, 2008
barrons3	Fairholme Capital Management said that it is in discussions with the consumer-finance company about the possibility of exchanging certain debt securities that it owns for additional Americredit shares. Fairholme is also considering buying asset-backed securities of Americredit or an affiliate. Fairholme and Americredit also are considering an agreement under which Fairholme would refrain from taking certain actions about the company for a specified period and would acquire one seat on the board. Fairholme owns about 22.85 million shares (19.6%).	Love	November 15, 2008
barrons3	Market Perform - Price 5.91 on Oct. 29 by JMP Securities AmeriCredit reported fiscal 1Q09 EPS of minus-1 cent, versus our 1-cent estimate...evidence [of] further business contraction. Weaker consumer-credit performance could yield further challenges to ACF's business model...we believe the most critical element of ACF's operations relates to controlling net charge-offs to a level below 8.5%...We're lowering our estimates to reflect further reductions in contract purchases and margin compression resulting from more rapid balance-sheet contraction and higher borrowing costs...our FY09 earnings-per-share estimate moves from minus-13 cents to minus -25 cents, and our fiscal-year '10 EPS estimate moves from 23 cents to 8 cents. Market cap: $600 million.	Love	November 01, 2008
barrons2	Leucadia National (LUK) raised its holdings to 25.59 million shares (22.4%), from the 22.2 million (19.4%) it had reported owning on Jan. 10.	Love	February 16, 2008
Stepford	subprime auto loans? too good to be true for shorting	Hate	January 19, 2008
ionstox	If people buy new cars this fall then this stock should return to glory. It has been killed with the sub-prime mess.	Love	August 24, 2007
sarah z	Avg. Absolute 1 Day % Chg on Earnings: 11.97%	Love	July 02, 2007
rhintze	Subprime auto financing, rising revenue, recent purchase of 2 smaller competitors, gives 4 paid days off/year so employees can volunteer	Love	March 14, 2007