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Cenveo Inc. Message Board

  • says.momma says.momma Mar 20, 2013 10:39 PM Flag

    Is Robert G. Burton really a turnaround Magician?


    We’ve understand, if Robert G. Burton gains control of your business, the first time you turn your back, the majority of your company’s talent, equity and potential will instantaneously and inexplicably disappear.

    Sentiment: Hold

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    • just like all the meadwestvaco plants did.

    • Abracadabra,your once good company is now gone.Also i would like to send out a big slurping sound to Joe the sack drainer.

      Sentiment: Strong Sell

      • 1 Reply to bellwoodvermin
      • abeja.obrera Mar 21, 2013 3:52 PM Flag

        “Turnarounds seldom turn.” – Warren Buffett

        If I were an aging cretin jock, seemingly possessing less intelligence than one of Buffet’s turds, I wouldn’t even try?
        I’d intimidate my way in, gut their equity, and cut the work force to a skeleton crew marginally capable of maintaining temporarily operations. Let the capital gain from the gutted equity hit the bottom line, in addition to any short-term savings realized from the work force reductions, and call it profitability. I’d simultaneously virulently boast about the new found efficiencies and profitability, all due to myself. I’d give myself a huge bonus for a job well done, and then sellout the scraps to some group of overconfident nerds as a revitalized, lean organization.
        Then I’d do it again. Hey, whatever works! Right?

        Sentiment: Hold

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