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AIG: Bull or Bear?
Cramer on BloggingStocks: Beware the financial dirty dozen
AIG
+24.85%
in
48 days
Filed under: Ford Motor (F), General Motors (GM), Market matters, Citigroup Inc. (C), Bank of America (BAC), CIT Group (CIT), Merrill Lynch (MER), Federal Natl Mtge (FNM), Amer Intl Group (AIG), Wachovia Corp (WB), Washington Mutual (WM), Lehman Br Holdings (LEH), Stocks to Sell, Cramer on BloggingStocks, MBIA Inc (MBI) TheStreet.com's Jim Cramer says he has no confidence in these hated names, and neither should you.
The financials are flying -- there are finally bid...
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AIG - $500bn of CDS exposure will further dent AIG's value
AIG
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+39.33%
in
69 days
AIG is heavily exposed to the U.S. residential mortgage market: - American General Finance, Inc. (AGF) originates principally first- lien mortgage loans and to a lesser extent second-lien mortgage loans to buyers and owners of residential housing;
- United Guaranty Corporation (UGC) provides first loss mortgage guaranty insurance for high loan-to-value first and second-lien residential mortgages;
- AIG insurance and financial services subsidiaries invest in mortgage- backed securities and collateralized debt obligations (CDOs) in wh
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AIG - $500bn of CDS exposure will further dent AIG's value
AIG
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+0.00%
in
2 hours
(closed on 06/12/08)
AIG is heavily exposed to the U.S. residential mortgage market: - American General Finance, Inc. (AGF) originates principally first- lien mortgage loans and to a lesser extent second-lien mortgage loans to buyers and owners of residential housing;
- United Guaranty Corporation (UGC) provides first loss mortgage guaranty insurance for high loan-to-value first and second-lien residential mortgages;
- AIG insurance and financial services subsidiaries invest in mortgage- backed securities and collateralized debt obligations (CDOs) in wh
...
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The Case for AIG - Patience Required
AIG
-43.70%
in
82 days
Extremely big investors have recently injected $20 billion of new equity into the company [on top of the previous billions from just a few months earlier]. They did this for only one reason- they believe the company's core insurance business has been, and will remain, very profitable.
The portfolio of securities has been the problem. At today's 'fire sale' prices and with no ready bidders, the accountants have forced AIG (AIG) and other financial firms to 'write-down' their holdings to market value. Nobody can say exactly what they will ultimately be worth but it is almost certainly ...
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Cash cows
AIG
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-48.83%
in
96 days
I think it's time to pick some good insurance stocks. They will rebound. Every decade has it's financial lumps, so I don't expect any similar meltdowns for a long time. Buy some solid bank and insurance stocks for the long haul. In the meantime, get paid to wait with some good dividends.
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Valuation: AIG
AIG
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-48.58%
in
97 days
Business and Management Review <o> </o> <o> </o> 1) Is the business simple and understandable? <o> </o> Insurance is a business that is very simple and understandable. Value investors are taught to love the insurance business because of its tremendous simplicity and its strengths. Insurance is wonderful because the company is able to take in premiums and invest the funds, keeping the profit on the investments after any claims are paid out. American International Group is primarily an insurance company and is thus a simple and unders ...
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Dead money until financed
AIG
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+45.64%
in
63 days
(closed on 07/11/08)
AIG is screwing up big time. They need to raise money in the near future via stock offering, and this means forget about investing in the company's shares until the deal gets done-- IF it gets done. By the time AIG gets around to closing the deal, cash may have dried up for "saving big financial institutions" plays. How long til the world runs out of cash saving big mistakes?
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The Long Case for Vulcan, AIG
AIG
-57.18%
in
105 days
These are notes from the Day 1 sessions at the 3rd Annual Value Investing Congress West, being held May 6-7, written by Jonathan M. Heller.
The 3rd annual Value Investing Congress West kicked
off Tuesday with an introduction from co-founder John L. Schwartz, MD.
Each presenter discussed their investment philosophy, addressed current
market issues, and then highlighted specific investment ideas.<!--more-->
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Now's the Time for Opportunistic Greed
AIG
-52.52%
in
143 days
3/29 - "...volatility also provides opportunities. The market's giving you the chance to buy stocks for prices substantially lower than a year ago. The question is: Do you have the courage to buy the best opportunities when they are available?"
"It's tremendously difficult to act when everyone's claiming the sky is falling. People may believe that the most lucrative time to buy is at the peak of negativity, but only a small minority have the courage to actually go through with it.
Warren Buffett is one of those people: His huge purchase of American Express (NYSE: AXP) at the height of the...
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AIG Tumbles on Bear Valuation
AIG
+50.97%
in
156 days
3/17 - "American International Group, Inc. (NYSE: AIG) is down with most of the rest of the market as investors have reacted sharply to the JP Morgan Chase (NYSE: JPM) buyout of Bear Stearns (NYSE: BSC) for only $2/share. Investors seem to be worried that BSC may not be the only bank with overexposure to the troubled credit markets, and fear that the fallout from the credit crunch may spread to other industries. Any stock that has exposure to mortgage backed securities is seeing some fallout from the extremely low valuation of these assets that BSC received."
"For a bearish hedged play on ...
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Enough cash in the till?
AIG
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+54.81%
in
191 days
Citi seems to think not. The stock has hit a 10-year low. I like their strategy of closing noncore business and expanding overseas, but I still don't know if this is the end of the cash crunch for them. I"m going to keep a sell rating on the stock until I think that it can't get any worse. At that time, I might upgrade. AIG is a still a great, world-class company, that might be a decent value pick down the road. I'll take a serious look if it starts trading under book value.
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Bullish on AIG ...
AIG
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-64.04%
in
204 days
All the major American insurance companies ( AXA , OneBeacon , etc) are due for a major positive correction. Their P/Es are at all time lows, and at the same time their profits are staying strong, paying out reliable dividends. In the next few months, all finance stocks, particularly the insurance ones, will rebound. Insurance companies are some of the most conservatively managed companies and consequently are least likely to suffer under sub-prime strains. I believe the investing community does not currently understand these facts fully, and these stocks are majorly undervalued. In...
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Technical Analysis Spotlight: American International Group Ticker Symbol AIG
AIG
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-59.44%
in
210 days
In these dark and gloomy days of rampant bears, it is rare to find a buying opportunity, more so among financials. American International Group (NYSE ticker symbol AIG) may just be the odd man out. Here’s why. If you draw a trend-line joining the lows of 1998-10-08 and 2003-03-12, and extend it, you will see that this line acts as a support for the lows of 2007-11-21 and 2008-01-18. read more
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AIG Revamps Directors Liability Insurance Offer.
AIG
-68.47%
in
344 days
AIG (AIG) recently announced that they are changing some of the ways they are offering the critical Director's and Officers (D&O) Liability insurance coverage. The corporate press release claims that they are not changing the policy itself. They are just changing how and where the product is being offered. They claim that the new procedures will help remove confusion from less savvy buyers. Given the current focus on governance the D&O policy should be receiving a great deal of scrutiny. I find it hard to believe that any corporate board with a pulse does not look at their D&O to...
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People Bullish on AIG
People Bearish on AIG
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