The risk for Boeing right now is overpromising and underdelivering, says RBC's Ken Herbert

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  • เผยแพร่เมื่อ 17 พ.ย. 2024

ความคิดเห็น • 73

  • @renefuller9241
    @renefuller9241 หลายเดือนก่อน +6

    Boeing should tell the investors to go to h*ll and get their sh*t together. The stock price will follow. Better quality, more business. If you pay the workers sh*t wages, you get sh*t work.

  • @mchristr
    @mchristr หลายเดือนก่อน +3

    The upside on Boeing is huge and the buy-in low but you'll have to be a patient investor. Perhaps the "smart guys" are waiting for a little more discount before they jump in.

    • @Kingslayer00003
      @Kingslayer00003 หลายเดือนก่อน

      I’m convinced it will dip lower. At least until the strikes over.

  • @damianshells1232
    @damianshells1232 หลายเดือนก่อน +7

    There's far too many managers and staff who get paid to do nothing. Yes those 17,000 are expendable and it's highly likely a significant percentage of us machinist will meet the same fate upon return from strike

    • @renefuller9241
      @renefuller9241 หลายเดือนก่อน +2

      @@zepeda2323 High labor costs? We get paid the same as a burger flipper. High Labor Costs, my a$$! The cost they should do away with are the greedy C-Suite, the board and management.

    • @zepeda2323
      @zepeda2323 หลายเดือนก่อน +2

      @@renefuller9241 burger flippers don’t max out at $45🥴🥴

    • @zepeda2323
      @zepeda2323 หลายเดือนก่อน

      @@renefuller9241 that’s the problem you entry level employees worry about what ceo’s do. do the baristas at starbucks worry about how much the ceo makes?🥴u act like it’s a bad company to work for but u still work there? explain that? if u dislike the company so much then quit. just ask for 100% raise and full pension and profit sharing too & $50k bonus while you’re at it

    • @renefuller9241
      @renefuller9241 หลายเดือนก่อน

      @@zepeda2323 $43.20 or some such. It takes 6 years to max out. After that you will get practically no raise anymore. Go from Assembler to functional test and you start over. 6 more years to max out.
      If a Burger flipper makes a mistake, you get a wrong order. If I make a mistake, airplanes loose doors or people die. It's just a way different ball game.
      Newest on the layoffs btw is that no Union members are on the chopping block yet. Maybe early next year. That is from an article in the Seattle Times.

    • @damianshells1232
      @damianshells1232 หลายเดือนก่อน

      @@zepeda2323 that sir is highly unlikely.

  • @solidkreate5007
    @solidkreate5007 หลายเดือนก่อน

    Been saying this for 12 years.

  • @Whoddathunk
    @Whoddathunk หลายเดือนก่อน +4

    There’s no company in the U.S. that wants to pay their workers a fair wage none. Companies are in business to make $$$$$ for share holders & executives. Are the workers greedy? Perhaps, but wouldn’t you after not receiving any decent wage increases for 16yrs, yes pension are a thing of the past, but shouldn’t GOLDEN parachutes to executives & CEO be a thing of the past too?

    • @dandydoodigery9854
      @dandydoodigery9854 หลายเดือนก่อน

      Well, then don’t work for Boeing.

  • @parkerholden7140
    @parkerholden7140 หลายเดือนก่อน +2

    The US is a capitalist country and also a democracy. Democracy means balancing between activating, restraining and reconcilling forces. This is not happening and we have been living with the consequences for some time. Manufacturing jobs have been going overseas for some time. We have all suffered from this as not everyone is cut out to be a computer programer. Get back to the table and start negotiating!

    • @revolutionhamburger
      @revolutionhamburger หลายเดือนก่อน

      True capitalism has never been tried in this country. Democracy and liberty are mortal enemies and anyone who has given serious thought to the matter will know that.

  • @puchi1388
    @puchi1388 หลายเดือนก่อน +3

    Hmm so yes let’s make sure the investors get their returns… which is the main reason why we are here isn’t it? Focus on investors vs quality of the products. Firing 10% only helps investors and the company hit not the company and workforce huh?
    Guess they still are not addressing the main issue. Go figure.

    • @quixoticfallcy
      @quixoticfallcy หลายเดือนก่อน

      Boeing is a dying brand ... They lost their Mojo to Airbus

    • @rrestoring_faith
      @rrestoring_faith หลายเดือนก่อน

      How does firing 10% help investors if it hurts the company?

  • @aidanpearl4254
    @aidanpearl4254 หลายเดือนก่อน +3

    Boeing financial health is suffering, definitely a sell right now

  • @hoffrun
    @hoffrun หลายเดือนก่อน

    No discussion that COMAC Xhina aircraft to overstate the #2 spot ? Boeing is looking to be #3

    • @larryallen9404
      @larryallen9404 หลายเดือนก่อน

      Comac is NOT a legitimate aircraft mfg yet

    • @mchristr
      @mchristr หลายเดือนก่อน +1

      There's no way that China's single-aisle will be certified in the US and Europe any time soon. They will sell a bunch domestically but that's going to be it...for now.

  • @Edwar404
    @Edwar404 หลายเดือนก่อน +2

    What's the best to profit from this crypto bull run?

    • @Oscarmeyer97
      @Oscarmeyer97 หลายเดือนก่อน

      As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided by a widely known crypto consultant

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      @Oscarmeyer97 หลายเดือนก่อน

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      @Mackenz96 หลายเดือนก่อน

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    • @Mackenz96
      @Mackenz96 หลายเดือนก่อน

      45k profit on weekly basis.

    • @Timwatts860
      @Timwatts860 หลายเดือนก่อน

      I was even thinking that I'm the only one she has helped walk through the fears and falls of trading.

  • @Danny-bd1ch
    @Danny-bd1ch หลายเดือนก่อน

    It works for Elon.

  • @reubenmorris487
    @reubenmorris487 หลายเดือนก่อน

    They run their work centers so "lean" at times that you have to borrow people from another to complete your normal assignments. But yeah, lay off new hires that have the potential to learn, become engineers, and maybe even design your next generation airplanes.

  • @ClarencegHamm
    @ClarencegHamm หลายเดือนก่อน

    A new state,a new workforce - goodbye Felicia

    • @larryallen9404
      @larryallen9404 หลายเดือนก่อน

      Don't remember how things have been in Charleston do you?

  • @SkyBear0509
    @SkyBear0509 หลายเดือนก่อน

    Shamelsss Union

  • @sarahseymour6477
    @sarahseymour6477 หลายเดือนก่อน +1

    I'm really surprised Boeing doesn't just move a lot of things out of Washington where is the cost of living is so high they've already lost 5 billion dollars so they could have saved a bunch of money by relocating everything to another state where cost of living is a lot lower and they wouldn't have to be paying such a high wage to their employees freshly considering they have facilities all over the country it should have been that big of a deal just relocate I mean it will hurt Washington immensely but the strikers would maybe be able to keep their jobs and Boeing would be able to save more money in the long run and with all the lawsuits are having because somebody somewhere is dropping the ball and screwing a lot of their products up they need to save every penny they can

    • @charlesbruggmann7909
      @charlesbruggmann7909 หลายเดือนก่อน

      If you want a low cost of living…. Why not China or even Africa?
      Note that Airbus manages to design and manufacture brilliant aircraft whose components do not fall off. It is increasing its technological lead over its competitors while paying its (highly skilled and difficult to replace) workers decently and therefore does not p*ss away billions fighting its own workforce.
      It’s called competent management.

    • @trunkmonkey355
      @trunkmonkey355 หลายเดือนก่อน

      I wouldn't be surprised if Boeing was already working on a plan to relocate operations to a red state.

    • @worldofai-games1036
      @worldofai-games1036 หลายเดือนก่อน

      Boeing has relocation plans on the table, but part of the strike deal is to ensure future planes like the 797 stay in Washington state

    • @coolblue1812
      @coolblue1812 หลายเดือนก่อน

      @@worldofai-games1036. The contract was withdrawn. They need to get rid of all McDonald Douglas people. Start over.

    • @Kingslayer00003
      @Kingslayer00003 หลายเดือนก่อน +2

      Ya blame the workers for the company taking on production orders they can’t meet on time. And rushing out planes skipping safety protocols 👍🏽👍🏽👍🏽👍🏽

  • @69pepe420
    @69pepe420 หลายเดือนก่อน +2

    Boeing spends all their money on DEI, meanwhile Elon is launching self landing reusable rockets for a fraction

    • @jdiwkall
      @jdiwkall หลายเดือนก่อน

      Hey if im white with blonde hair and a few bullion, i can try to overthrow democracy but you'll still vote for me because you know DEI

    • @valetudo1569
      @valetudo1569 หลายเดือนก่อน +7

      Everything has to be through a political lense for you guys eh? No, they're problems started with cutting corners on cost and obviously not taking enough care of their workforce in pursuit of higher profits

    • @dewyakana1543
      @dewyakana1543 หลายเดือนก่อน

      Idiots!😊

    • @justmee9441
      @justmee9441 หลายเดือนก่อน +3

      ​@valetudo1569 anyone using the letters DEI to blame for the fiasco that has been YEARS in the making has no clue about the internals of Boeing.

    • @69pepe420
      @69pepe420 หลายเดือนก่อน

      @@valetudo1569 has nothing to do with politics lol, DEI is a racist and ineffective policy for a company. period

  • @bryanovermon8696
    @bryanovermon8696 หลายเดือนก่อน

    One question why are they fighting not giving us our pension back

    • @clickandlearnsoftware4230
      @clickandlearnsoftware4230 หลายเดือนก่อน

      I have a relative who worked at Boeing. He tells me aht the employees voted to discard their pensions for a one-time payment of thousands of dollars. So (accordng to my relative), the union members voted the pensions out a few years ago. Is that true?

    • @zepeda2323
      @zepeda2323 หลายเดือนก่อน +4

      you will never get your pension back. u guys can strike for a year and it will never come back. never ever

    • @mchristr
      @mchristr หลายเดือนก่อน +1

      Pensions add a risk burden for the company going forward. And with life expectancy increasing, a defined benefit plan becomes unsustainable.

    • @charlesbruggmann7909
      @charlesbruggmann7909 หลายเดือนก่อน +2

      Silly question: how many of the 17’000 will be from quality control?

    • @zepeda2323
      @zepeda2323 หลายเดือนก่อน

      @@charlesbruggmann7909 this is only the beggining because they can’t announce layoffs for the union until they come back off strike. the workers with seniority will not lose any sleep at all once all the newer people are laid off. they are just using the new people to get what they want and the new people think everyone is their brother😂😂