Agreed. Look at how many increases mgmt has had since the last time (1999) shareholders got an increase....these #'s only thru 2007 - 2012
Total Comp %
The stockholder total returns of dividend plus share appreciation are lagging for a corporation with the assets that OLN has available to deploy strategically. Management better either raise the dividend or do something strategic to increase my value or I am going to call an activist to buy a position and shake up the Board and Management. We will find a way to get more money to the stockholders maybe through management pay cuts.
This article does a good job of saying what I have been saying here. OLN needs to be acquired to unlock shareholder value, or they should spin off Winchester to the shareholders, or pay out a special dividend. According to the writer, the BOD and management are fat, dumb and happy, with little skin in the game and sitting on mountains of cash. Maybe Carl Ichan can come and help us out!
I agree! I have said in the past that they should put the company up for sale. Perhaps, someone that knows how to run a business will buy them and take us out of our misery!
Go read the transcript. Depressing. Lower sales, lower EBITDA. Poor forecast. What is wrong with these guys? If that is all you have, break up the company and sell it. Pathetic management.
Yikes, down 8% after hours! The last few days have been a blood bath all the way around. Guess I should have paid attention to all those doom and gloom emails and newsletters that I had been getting.
Good sign. Smith and Wesson was downgraded when it was at $10/share. Forty five percent later the analyst is sticking to his guns...so to speak!
I see these postings on every board. Please go away! Nobody, except idiots pays any attention to your #$%$.
I'm not sure how the "green bullets thing" affects OLN but here's a link to an article about it:
Gordon_jared, I have no idea why this was downgraded. “The Fly on the Wall” had no other information. OLN a has short interest as % of Float of 19.23%. Maybe they were hoping it would go down. It seems suspicious to me that the reason for the downgrade was not provided. Also, could you please explain the green bullets?
First: What do you mean by the green bullets thing? Second: I think it's profit selling at year end.