This company is so consistent with pathetic leadership and direction....Amazing!
Look at the SNE years of LOSSES, look at Panasonic miserable $10 Billion Loss, PHG keeps on going strong. 115 years and still going, inventing and biggest in many product lines, Lighting#1 !! #2in medical...others fold, like Kodak, all gone.
I am Dutchman and investing in Philips.They indeed perform relatively not so bad to their peers, but they made obvious big mistakes the last year and a halve.Fraud in Poland, exceeding cost budgets over 2011, too expensive paid take-overs who also less performed than expected.But i think because the good dividend, a large company, they will take the stock-price to the north. At least $25,00 this year.On the AEX-exchange i hope for a minimuprice of 20.00 euro a stock in 2012.