First we get Rod Rozelle who uses the code of conduct as toilet paper, then we get Raymond Velez whose claim to fame is getting caught by his now ex wife having affairs with the payroll girl and a young engineer.
And the checkers are a jockey who knows nothing about what we do and a winnie that likes fist fighting with the conference room table. Is anybody going to look after the questionable local expenses or the phony quality reports ?. What a poorly run operation and such beautiful buildings.
I agree VFC is a cash generating machine, but they're too large to be "gobbled up". In fact it's the other way around - they are the ones who do the gobbling.
Buy Them for the cash generation machine they've become, and hold. But Sooner rather than later this cash flow machine will be gobbled up for a HUGE premium. Enjoy exceptional returns while you wait !
Sentiment: Strong Buy
Maybe, but they still increased the dividend 20%. Also people are buying pre-split, as stocks tend to rise after splits.