I among, other regulars, am constantly amazed at how erratically this board behaves (technically). Often messages get posted, deleted then apparently circulate in the Oort Cloud for a while only to return weeks or more later. This is just what's happening on the "A 3-for-1 split would be nice......" thread at the moment.
Posts made a month+ ago, then lost have just now Magically Reappeared. Just a mini-Rant and a heads-up to inform you that what appears on this board should be taken with a fair dose of skepticism when you can't see comments in their original context, never mind some of the nutty sources even if they do appear.
IMHO Yahoo! is either a) Censoring content or b) Incapable of operating a simple BB reliably. I vote for b), they aren't smart enough to do a).
OK I'm better now,
Stock splits are irrelevant. It has been clearly shown that stock prices after a split continue on the same trend as they were on before the split. Therefore, there is no real justification for a split.
Honeywell Reports Full-Year Sales Up 4% To $39.1 Billion; Proforma Earnings Per Share Up 11% To $4.97 Per Share; Reported Earnings Per Share Of $4.92
4Q13 - 5% Organic Sales Growth; Proforma EPS $1.24, Up 13%, On Stronger Operations
4Q13 Reported EPS $1.19, Includes ($0.05) Pension MTM Related To International Plans
$0.16 EPS Gain Funds Proactive Restructuring And Other Actions - Including Friction Sale
Reaffirming 2014 Proforma EPS Guidance Of $5.35 - $5.55, Up 8-12%
MORRIS TOWNSHIP, N.J., Jan. 24, 2014 /PRNewswire/ -- Honeywell (NYSE: HON) today announced its results for the fourth quarter and full year 2013:
Google paid 4 billion for Nest. How often do you change your Thermostat? Honeywell is LOL.
Yes, I agree, it would seem unlikely that he would accept an interview to defend bad earnings. Possible, but unlikely. Today may prove to be the dip of the year, who knows, I'll accept the 50% gains from last year and not worry about even a 10% pullback, if the market corrects.
I believe that Hon is a great long term stock and has clearly paid off for those of us that invested in it over the past 10 years. As far as Cote appearing on Mad Money, I believe that they are going to report earnings that the market will not be excited about and the "chat" with his neighbor is an orchestrated plan to get him in front of the cameras and assure everyone that they are executing their plan and that the seed planting that they have done for several years is paying off...refer back to his October 23rd appearance. 2014 should be strong for Aero, they will have a killer first quarter in the energy business thanks to the polar vortex and extreme cold across North America and they will get full year impact from the Intermec acquisition. The future looks bright, but I think that report tomorrow will be underwhelming...IMHO.
A couple other observations----
Selling Friction Materials was a good thing and a long time coming.
Completing a $3 billion stock buyback also good---However planning to buyback an additional $5 billion in stock at this level of pricing leaves questions in my mind as to how they intend to pull it off to the good.
Seems like they could have used the capital spending in some other fashion.
RCSU---Good Luck All
Hon could only make a new 52 week high if it runs counter to the broader markets for a second day in a row.
In pre-market the DOW is down more than 100 points---bad jobs report.
Lets' see if Hon can go positive today----then I will believe there is good news coming on Friday
If Dave Cote is going on Mad Money as the previous poster stated, then I would have to believe that he must have something positive to brag about....CEO's generally do not go on national TV to talk about bad news.
Hopefully, today may see a new 52-week high once again.
I owned Allied Signal in DRIP form and got the blessing of Hon stock when they merged - what in '99?. Three years ago I brought my drips into my brokerage account and realized that it was in the category of overweight, representing 7.5% of my total portfolio, so I trimmed it by a third over two years. Now it represents 9% of my total (due to it's phenomenal growth), so that didn't work out too well. Maybe it would be 12% by now and logically way overweight, but 20/20 hindsight, I wished I never sold a single share. All companies hit bumps and miss earnings, so I'm always anxious when it's earnings time for Hon, but this has been one of the best long term investments I've ever made, so I'm holding. Probably forever. Dave Cote has made a lot of smart moves and has done wonders with this company, so even if they miss from time to time I'll still be an owner at some percentage.
Cramer was discussing the companies which were reporting this week and mentioned Honeywell as being in his charitable trust fund and that Dave Cote would be a guest on his show this Friday.
His last comment was, "I would not sell a single share of Honeywell".
Do you know how much money MSFT rakes in from Android handsets? If they want to sell products based on IP owned by HON then GOOG will be forced to pay for it.
To some extent you are correct---Google is in the data collection business.
But, what amuses me the most is that people will run-out and pay big money for the latest and greatest thermostat with all the bells and whistles expecting big reductions in their electric bill----without considering that the 20 year-old heat pump, leaky windows and duct work is what contributes the most to high energy bills---but, now Google can sell what you believed to be confidential and private info to the very companies which can address the items which cost you the most---LMAO
Thermostats represents just under 6% of Hon's business
Just what everybody needs is a new sensor which can detect when you are or are not home----maybe google will sell that info to the highest bidder as well..lol
You are so right. The way to beat the competition is to innovate, not litigate.
Was done with a waiver by the pentagon. Now production is in Mich. Nothing to see here