I have been reading a lot about AJG and the impressive inorganic growth story. And while I agree that in the short run the inorganic growth can certainly support the stock/company, I am extremely bearish over the long run about AJG as a company and as a stock. I know an insider in the northeast who has been telling me about the absolute nightmare story regarding the firm's inability to write any organic new business. And not only are have they found it impossible to write any new business, they are losing almost all of their large risk management accounts in the NYC office to competitors. There is a major culture and management issue within this company (I'm told a new management guy in the northeast has been a disaster culturally) and I think if any good analyst really paid attention and asked for more details about the firm's ability to actually book meaningful organic new business, they'd find that when the acquisitions dry up, AJG is in major trouble. They will be an acquisition or merger target for large(r) P&C brokers shortly after the inorganic growth ends. The long term is bleak for AJG.
Would be interested in the opinion of anyone else. Or would love to hear from someone who works at AJG.
I have owned for several years, I believe we will see $50 then a 2 for 1 split and a dividend hike.
They have reps calling on me all the time in the hartford ct area.
This is a winner just like the people who post here.
ATTD distribution agreement announcement, 2200% GAINS POSSIBLE ,READ
WALMART DISTRIBUTION AGREEMENT ANTICIPATED BY SHAREHOLDERS.TRADERS SUGGEST ANNOUNCEMENT COMING ANY DAY NOW.
Attitude Drinks, has recently announced record orders and expanded distribution of their recently launched Phase III Energy Recovery drink and brand, and has made tremendous progress as of late, by increasing that distribution to the likes of Walgreen's in Florida and Sam's Mart Stores in the Carolinas and Georgia.
ATTD is expected to pull in tens of Millions. Analyst suggests ATTD is ready for a MASSIVE BREAKOUT.
This Stock price has the potential to 5cents to 20cents. And buying the stock for nothing at 0.0009 will bring unbelievable profit. Buying 1 million shares@ 0.0009, cost= $900. Sell 1 million shares@ 1 cent = $10,000 or 5 cents= $50,000
With 2200% gains, ATTD can turn around your losses and bring your trading account back positive.
MMC was upgraded on Friday. The whole sectors is recovering. Assume AJG will keep floating up until the dividend date in late March.
Just my opinion.
AJG: InPlay: Arthur J. Gallagher announced acquisition of retail insurance broker Riley & Associates; Terms of the transaction were not disclosed http://daytraderstars.info/investments/AJG
The Execs are selling stock.
The company could be way more profitable than it is but a few legacy individuals (brokers) are making HUGE salaries. Way over 50-70 percent market for the same production levels at similar companies. Several million a year in pay-out just in their Bellevue, WA office.
Had Jay Leno at their Broker meeting in Vegas.
They Buy out small brokers that land nice accounts and rebrand them very poorly.
Their service is commission based and not fee based so they are not the best product out there.
$530K VP sale
6/17/2011 - Vice President DURKIN JAMES W JR sold 18,961 shares at $28.00 for a total cost of $530,900
6/14/2011 - Vice President MCGURN DAVID E JR sold 20,000 shares at $28.50 for a total cost of $570,000
6/10/2011 - President & CEO GALLAGHER J PATRICK JR sold 25,000 shares at $27.94 for a total cost of $698,500
5/20/2011 - Vice President GAULT JAMES S sold 1,088 shares at $29.03 for a total cost of $31,600
3/8/2011 - Vice President GAULT JAMES S sold 20,000 shares at $30.90 for a total cost of $618,000
Insider Ownership: 1.35%
Institutional Ownership: 75.1%
Great move. More non-complementary acquisitions. Maybe they can get 50 different companies with unaligned goals.
AJG: New Star Analyst Rankings for Arthur J. Gallagher & Co. Commo http://minimum-investment.info/investments/AJG