Comments for SI - Stockpickr! Your Source for Stock Ideas

Comments for SI

Added By	Comments	Type	Date Added
stockerblog	$110	Love	August 21, 2008
sarah z	The $96.6 billion dollar electronics and engineering giant said it will add to its buyback plan and repurchase $3.1 billion in common stock from June 9 to July 23. This amount would represent about 28 million shares. During the first part of their ongoing buyback program, which took place from January 28 to April 8, company repurchased 24.9 million shares for $3.1 billion. “This is another important step toward achieving our capital structure goal while maintaining our financial strength. With this second tranche of our share buyback program, we’re rigorously implementing what we promised to our shareholders and owners,” said Siemens CFO Joe Kaeser. Unfortunately, Europe’s largest engineering company reported second quarter profit that plunged 67% to $641.5 million from $2.02 billion in the same period last year. However, sales managed to increase 1% to $28.2 billion as new orders jumped 12% to $36.3 billion. The new orders growth offset the poor earnings and investors pushed the shares 3% higher following the news. "Our order growth in the first half has been excellent on a global basis, and our industry and health care sectors combined strong growth with higher earnings," CEO Peter Loescher said. We like to see that Goldman Sachs recently upgraded Siemens to their conviction buy list. They noted that investors are not noticing potential catalysts like the company’s new buyback and margin expansion opportunities. On Monday, June 17th, the Munich-based company announced that it bought out BJC, Spain’s the third largest supplier of electrical switches and socket outlets. This move will allow Siemens building technology division to increase its global market share.	Love	June 19, 2008
sarah z	German industrial conglomerate Siemens said last week that it will extend its share buy back program and buy up to 2 billion euros worth of shares, or 28 million shares, from June 9 to July 23. The first tranche of the buyback program took place from Jan. 28 to April 8 when the company bought back 24,854,541 shares for approximately 2 billion euros. The stock trades for 8x cash flow.	Love	June 11, 2008
stockerblog	owns Wavegen, Scotland's first wave power company	Love	May 25, 2008
barrons2	Or look at Siemens (SI), adds Tim Seymour. If you hear good things from GE’s infrastructure division, than SI would be appealing to me.	Love	April 16, 2008
muhsteacher	just a great company	Love	March 30, 2008
Peter Pingel	I know the company since I worked for SI many years	Love	March 27, 2008
wehttamsivad	price, dividend, play on going green	Love	March 21, 2008
wehttamsivad	price, dividend, play on going green	Love	March 21, 2008
wehttamsivad	price, dividend, play on going green	Love	March 21, 2008
wehttamsivad	price, dividend, play on going green	Love	March 21, 2008
jraysms3	This has been a solid performer in my portfolio since it was listed on NYSE.	Love	February 29, 2008
PHILLYFANTASY	favorite	Love	February 28, 2008
jarchack	row	Love	February 16, 2008
stockerblog	398,000	Love	January 26, 2008
Vanlj22	They are very diversified across industries and are becoming a major player in wind energy.	Love	December 22, 2007
FORMAR	strong international	Love	November 29, 2007
Kubera	Good company with strong earning potential	Love	November 20, 2007
just some pharmacist	Major conglomerate industrial.	Love	November 19, 2007
roamingloan	Steady as she goes	Love	October 03, 2007
mnctigah61	Continued Growth and Diversification, Long Term	Love	September 29, 2007
nashville	Great	Love	September 22, 2007
jagelmoni1	long term	Love	September 15, 2007
Michael Higgins	recovery of manufacturing	Love	September 05, 2007
rimney	Simon says.	Love	August 29, 2007
HallDD	Based upon concern that the domestic economy is slowing, I chose to add a European heavyweight. Chose Siemens after Cramer highlighted it on his show.	Love	August 15, 2007
shlatl	Cramer: What's up with the dubious payments that are being investigated? Will this crush SI?	Love	August 13, 2007
Bullgod74	european play	Love	August 10, 2007
veruber	International powerhouse.	Love	August 07, 2007
Ehilo	Siemens or Seimens....the GE of Germany/Euro	Love	July 22, 2007