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The Manitowoc Company, Inc. Message Board

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  • burgersboat burgersboat Jul 6, 2009 6:05 AM Flag

    Why is MTW still paying a dividend?

    Nice post "Jake", but if my memory serves me, I remember Terry or Glen saying that after the last split, MTW will have somewhere around 180,000,000 shares outstanding. I think that was the number.

    I went past "Bay Ship" this last weekend. The place looks awfully busy. There seems to be more employee car/trucks parked all over the place. There still about 10 Iron Ore carriers parked around the place. What does that tell you about our economy?
    There was one of those oil barges in the graving dock. It looked like it was 1/2 completed with sections still laying arond waiting to get attached..
    There was a new Green hulled one parked in one of the bays. It must be waiting for a tug to move it out.

    I really think Glen (& da guys) really blew that marine sale. Selling it for 1/2 of what Wall Street said it's worth.
    Who's going to take responsibilty for that "bone-head" decision?

    Seeing that all those Completed cranes are hiding in da woods, That div. must not being making any money. Glen, is that the next division you're going to sell??
    I think you should change your name to Glen Obama, You both seem to think alike.

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