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Cenveo Inc. Message Board

  • william.gram@rocketmail.com william.gram Oct 21, 2012 11:53 PM Flag

    Cenveo Accountability

     

    Why does it take Cenveo over a month to report on it’s fiscal performance?
    Cenveo - (CVO) - Mkt.Value 1.4B - is announcing earnings on Nov. 5th.

    The following companies are reporting their 3rd quarter results this week.
    Apple - (AAPL) - MV 544B
    AT&T - (T) - MV 266B
    Boeing -(BA) - MV 57B
    Caterpillar - (CAT) - MV 91B
    Colgate-Palmolive - (CL) - MV 56B
    Daimler AG - (DAI.DE) - MV 100B
    Procter & Gamble - (PG) - MV 216B
    United Parcel Service - (UPS) - MV 75B

    Sentiment: Sell

    This topic is deleted.
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    • It takes time to doctor the numbers!

    • Large Accelerated Filers:

      10-K: for Fiscal Year Ended 08/31/12 due Tuesday, October 30, 2012
      10-Q: for Quarterly Period Ended 09/30/12 due Friday, November 09, 2012
      10-K: for Fiscal Year Ended 09/30/12 due Thursday, November 29, 2012
      10-Q: for Quarterly Period Ended 10/31/12 due Monday, December 10, 2012
      10-K: for Fiscal Year Ended 10/31/12 due Monday, December 31, 2012
      10-Q: for Quarterly Period Ended 11/30/12 due Wednesday, January 09, 2013

    • They take the maximum allowable window every quarter under SEC guidelines. Why you ask? Well let's take a look at it. First off all of those companies you mentioned- mostly good, well run, and PROFITABLE companies know that the reporting window is an opportunity to show optimism. They are proud of their results and even if they are not all great Q/Q speed=relevance.

      CVO on the other hands waits until they are deep into the next quarter. That way the previous quarter's declines, losses, and fabricated math are all in the past. An afterthought. Think about the format. Burton speaks for 15 minutes, CFO rattles through numbers monotonously in 5min then Jr babbles about all the good stuff he did, then Burton rambles for the rest of the call.

      If there was anything positive to speak of the release would be as fast as possible so that investors would know how on top of things the Best Management Team running a $1.5B envelope and printing company from Stanford, CT with three family members looting the declining company was.

      Unfortunately they're not so they don't.

 
CVO
3.12+0.05(+1.63%)Apr 17 4:02 PMEDT

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