It has just been brought to my attention that this site exists, and I find that there are a lot of feelings on both sides of this company’s transition. Let me show you how you can prove that you’re correct in your assumptions about this company and how you are wrong.
I’ve been out of work for a year now and this is how I’ve managed to earn a salary not including stimulus and unemployment.
It’s quite ironic that I would make up over 60% of my last year’s salary, just by investing in what I know. And I know GE and I know BH. I was laid off last year, but I kept my 401k and my stock in BH for one reason. BH has awesome marketing and yes I bet on the bu-----t alone that BH was putting out in the world. Come January 2020 a Wallstreet journal article had BH as an energy transition leader. I waited 10 days after that article then I sold it all and rolled my retirement to a private investment firm. I made $67k in ten days. I had my advisor invest 75% of my portfolio and I had the remaining 25% to bet on BH. Yes BH the company that laid me off. I watched BH stock drop slowly for months, and I digested every shred of marketing BH put out in the world. Then it happened. BH announces synthetic fuel company acquisition which was perfect because Q2 was still on going and this was going to be big because I knew BH would do everything to keep investors eyes off of the revenue decline for the past two years and this year was bad , but there were enough layoffs and “value streaming” to free up cash flow, so I bought BH at $16. And sold at $21. I’ve finally figured out what so many were saying this business was and I didn’t agree with them until now. The BH business has become a business of perception. I was always told to worry about my own perception and that it didn’t matter if I could do a job well, what mattered was what everyone’s else’s perception of you was. You could be bad at a job but have a great perception. I agree totally that the BH business and its mid level managers are built on perception. This is no longer a company that can be measured upon revenue, far from it. This isn’t a business that can be evaluated upon its technology or its delivery, because it’s never delivered upon a truly digital offering to its customers. This is a company of perception and will only be measured upon BH stock price manipulation and on new portfolio acquisitions in sectors this company has never business operated before.
Final word. BH stock will get erratic and unpredictable with the buy back. This is not an investment opportunity until BH manufacturing is leaned out to clean energy and its capable of servicing clean energy technology with a robust regional field service business unit.
Today BH is a distant 3rd place among its oilfield service competition. BH needs to lead a transition to establish itself among a new emerging industry that in the meantime is affordable. The door to successfully transition to clean energy services is already closing on everyone. Big oil is already establishing small businesses to becoming huge players in clean energy.
Good luck to everyone and remember to evaluate your perception regularly.
15 replies (most recent on top)
Sad. Very sad.
Creepy. Replying to your own posts. Yuck.
I agree with OP.
You’ve never made any real money or have an understanding of financial well being if you disagree. No one has provided anything other than emotional disagreement. OP and others have provided the information. The negative responses have no substance.
But regardless of the next response, the people making residual money on this stock are the winners.
I’m seeing a lot of sore loser responses, probably by the same loser.
Complete and utter nonsense.
Money is the only measuring stick in business and your not in the game unless you find a way to make passive income. I agree with OP. This is perfect and sound investment advice. BH isn’t going to be a blue chip stock if at all for a very long time. OP is totally correct. BH is a day traders stock. Even BH leadership is practicing the same strategy through stock but backs to incentivize executives bonuses.
The CEO would invest $2B in the business if he truly believed the company could produce a positive stock price increase.
OP..... AKA BS Maximus, go back to kissing your "leadership's" A$$et$ and come up with a different & better script!
Post ID: @vuy+1cdaUdxL
Utter nonsense
How about putting a bit more thought into your posts, please. Your analysis is lacking.
Utter nonsense
OP here.
That’s exactly correct.
But to maximize in this particular stock you just need to pay attention to acquisitions and divestments. For instance, don’t buy when leadership is yammering on about BH technology, offerings, huge billion dollar contracts, or partnerships.
You want to be right in front of BH buying energy tech company and when BH decides to dump a business unit. For you instance, the Akaster merger. This isn’t investable until the price is right and when BH decides to give up its liability completely. Anything in oil field manufacturing is a huge liability for this particular company. In particular, utilities and electric field service is the future of this company. If BH can manage a profit providing KW then I would suggest a strong buy at that point, because BH will aim at MW service. Anything else is noise, especially conditional maintenance and digital monitoring. This has failed multiple times in many sectors of GE and BH. Digital anything is a pipe dream for this company. BH isn’t ABB or Emerson.
In general, I believe OP is fairly spot on. There's no doubt that BHC stock, as well as most of the other big service company stock is in a sort of "sinusoidal lock". BHC stock seems to be locked in between roughly $20 to $25. So, if you can buy at the low end and sell at the high end, it's an easy 25% gain. If you reinvest again at the low end, you just keep ratcheting up your number of shares. Just yo-yo the stock...it's a carnival game. Look for the low end price per share to occur just days before the quarterly earnings report. Then during that report, some juicy tidbit of news about green this or green that will be released, which makes the "Wall Street" crowd "ooh and aah" and then the stock begins it's meteoric climb to the high end over the next 2 months or so, before descending down to the low right before the next earnings report. Rinse, wash, repeat.
What a load of cr-p!