Where are all of the happy investors bowing at the feet of overpaid executives now?
I thought their performance was so wonderful that any level of compensation below that of Aubrey McClendon was sufficient?
Hopefully there are no retail longs left, and daft institutions and management can happily trade their overpriced paper. That's more reasonable anyway.
This is an interesting article that mentions HSY. What do you guys think --- will HSY make a move on this?
Nice obtuse reply---speaking in metaphors and axioms is surely a sign of your ebullient wisdom. Or perhaps you actually believe your drivel that corporate jets and sweet well deals are the only measuring sticks for executive salary largess. Yawn.
Would it surprise you to find out that EXPD exec's enrich themselves beyond that of Goldman Sachs. Perhaps you'd like to find a firm of any market cap that has more exessive pay. You know, actually make a substantive contribution to a discussion. Keep rolling, bagholder. This issue has been dead money for years, since the medium pie becomes a small before you minions ever have a chance.
There is no doubt this is a successful company over the long run, and the long term chart relative to the S&P benchmark reflects that. However, their compensation over the past 5 years has been atrocious in relation to their performance and peers.
Compare EXPD executive pay with United Parcel Service (UPS) (or nearly any other major firm). It's absurd. 1/2 of that compensation should be returned to shareholders or reinvested in the business.
Integrity is not enriching yourselves at the expense of shareholders. Compare the salaries of executives at EXPD with other similarly sized or far larger firms. You lowly shareholders are being abused and you don't even seem to know it.
The management of this company has enriched itself at the shareholder expense for decades. It's totally out of line with the compensation at other companies, even those much larger and with more complicated management profiles.
That's too bad, sorry for your loss. Maybe you should branch out and make an investment in a solid company and bulletproof industry like MFB...you can thank me later!
Don't get too high on yourself....a broken clock is right twice a day and you were pumping SODA and RVBD and many others back in July....both off over 50% in one month....that had to hurt.
I don't understand the negative sentiment here, other than emotions. I just got back in after selling post-dutch auction, because the value proposition is so good. Net current P/E is 8 after backing out net cash, and it's a relatively stable company in, frankly, a highly defensive sector. No reason to exit here IMHO unless you're expecting a 50% clip to future earnings for some reason.
If I am not planning on tendering my shares, and plan to hold for the long term, do I "root" for a low tender price? Seems like a mixed bag--a low tender would indicate people wanted out, but on the other hand TNDM would get to buy back the shares more cheaply, taking out less company cash. A high tender could mean a rising stock price though.
What should I root for as a long-term investor?
Funny guy. You might want to set your sights higher than .40, though. Two years of perfect execution and you just might have a 20 PE stock at $15. Sounds like a winner to me. Load up lightweight.
I understand the appeal of this company and the appearance of a value entering level but I share the dim view on the outlook. I tried to find a reason to buy the stock because of the brand equity and perceived price value, but the margins are already hideous, rougher waters are ahead due to competition, and employers are getting smarter about targeted listings. Triple whammy for MWW.
If your main reason for investing is a value floor at 15, you can find much better propositions elsewhere that don't have all the threats this one faces.
if that link doesn't work, the budget item on this page.
I did a little sleuthing on the county website budget section and it looks like it was estimated to be a $350k to $500k one-time and "unknown" forward annual cost.
I hope you are right, but I have a feeling 'the street' doesn't respect CEDC management and will believe it when the numbers hit instead of just guidance.