Matt Schechter & Nathan Powell
Analyst & Global Head of Financials
Identifying Early Warning Signs of Business Deterioration in Financial documents
Mid 2008 RIskMetrics added General Electiric to its ‘Biggest Concerns List’ and issued an initiation report suggesting GE’s stock was at significant risk. Previous to the credit cycle downgrade for key credit exposures, GE had replaced its earnings source, in 2007 & 2006, with low quality earning sources such as receivables and asset sales and began taking gains from its securities portfolio. Since RiskMetric’s initiation note GE’s stock has plummeted over 75%, to April 2009.
Information and opinions contained in this broadcast have been compiled or arrived at by the organisation making this presentation.
This broadcast is hosted, streamed and brought to you by 3B NEXUS who make no representation or warranty regarding the accuracy or reliability or completeness of any information provided and accepts no liability for any loss arising from the use hereof. Any reliance you place on such information will be at your sole risk.
The information, statements and opinions contained in this broadcast do not constitute a public offer under any applicable legislation or an offer to sell or solicitation of any offer to buy any securities or financial instruments or any advice or recommendation with respect to such securities or other financial instruments.
Any statements, information and opinions contained in this broadcast, in particular those concerning investments and the possible or assumed future performance, costs, dividends, returns, production levels or rates, prices, reserves, divestments, growth or other trend projections and any estimated earnings are or may contain certain forward looking statements and as such involve risks and uncertainties.
Actual results and developments may differ materially from those expressed or implied by these statements depending on a variety of factors.