ModusLink Global Solutions, Inc. Message Board
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Ahmad, you had better think this out. This looks like a train wreck in the making.
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I'll control my hysterical laughter from your comment. The top line fell. Namely revenues! And you think that things are improving! The bottom line increased becase they are chopping heads in Europe. That's so silly to beleive that growth and prosperity can occur through downsizing. IF H&H wasn't buying their tax credits this would be traded in the pink sheets.
It's sad but it's just a matter of time before they go belly-up. -
If this was a possibility then the share price would be greater. This business model is a vestige of the 90's and cannot sustain on their own. MLNK is on a dead sprial.
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Amazon and Google are aiming for supply managment sector to the manufacturing and other markets. Companies like Modus Link will be displaced in the near future. As a CMGI investor I know that this was a long road to infamy but we never had a management team in place who could make this model work. The reverse split set the stage for eventual delisting.
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I doubt it. I suspect that H&H will BR the company and liquidate the tangible assets.
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Thanks Mike, my sentiments also. The track record of Corey and Strickler is below average for comparable execs. Share price has stagnated; no dividends; a horrible record of acquisitions; poor foreign operation execution; earnings based on triming operations in the back of the employees. Not a growth company poised for a accretive earnings in a recovery.
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As a long term owner my respose to you is GFY. The conference call doesn't inspire confidence. Todays modest gains will not hold. The Board should sell this broken business model.
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Corey you had another poor earnings report. If this Board wasn't in your back pocket you would have been sacked years ago for that disasterous Brazilian venture.
I'm sure you will be congratulating yourself and the Team for improving the balance sheet while the top line growth stagnates.
When are you going to pay a dividend? or grow share price?
Sell the damn company and retire with your Team of less than average executives. -
You did come up with this conclusion all by yourself, Einstein? Look this business model is not viable on its own. Supply managment requires integrated logistics and the finacial resources to float receiveables. Did you read the article in the WSJ that companies are taking up to 90+ days to pay their suppliers.
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Crane gets his share while the CMGI shareholders suffer. That a boy Stevie, money for nothing . How can this gang feel good about their noble efforts.
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Fat chance for this. If it wasn't for this gig, this executive group would be toiling as mid-level managers earning an average pay. There's no excellence here; only less than average exec's.
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I realize that I made a poor choice by selecting SRI as an investment. The only ones who will make out ok in this company is Corey, Strickler and some of the execs. FOr the long-term investors we have had no sp appreciation and no dividends. Nothing but lame excuses while the pigs at HQ earn a nice living.
Where is the Board? -
Here's an opportunity to let the Board know your feelings on the gang in power. The section on compensation would be a poignant reality check for the performance of the Company's management . But I am a realist. GS and the big boys won't demand too much pain from Corey, Strickler & the gang--at least not like the l.t. shareholders.
Lastly, as you review the members of the BoD re-election, withhold your vote for those who have just occupied a chair through the years. - Reply to
Is 8x8 really the VOIP Leader or are there other players beating them?
by patroutman •Apr 10, 2013 11:52 PMALso RingCentral which is also a cloud technology.
On the other hand the recent $250M registration indicates that there's more on the way with this company. After nearly a decade as a shreholder there's nothing yet to persuade me to sell. -
Sure, generally investment bankers spread their bets to average out large swings. Just look at the record over the decade. Stoneridge has lagged their peers in sales, RONA shareholder's equity. No dividends...nada.
The Board has to do the right thing and demand managment performance or sack and replace. -
How's this for our management performance : http://finance.yahoo.com/q/it?s=SRI
Corey and his gang must go. The Board must step up and do the right thing for the shareholders and sell the company -
The markets are flying and the SP lags. Time to face the facts that as a entity this company is worth less some of their operations. Corey & his team are not cutting-it for the shareholders.