What a pile of dung this company is. Worst investment I ever made. The management team can't put 2 good quarters together. Looks like Goldman just unloaded all their shares and their clients at 70 plunged down to 40's.
because your principal will drop more than 9% annually. This corporate governance team are a bunch of losers. They pay dividends but the value of what you hold has gone down way more. The resources of the company are being depleted. The Board sucks to let this happen and management sucks more because they are degrading stockholder value.
Where is the Board of Directors to fire management and get somebody in there working who will increase profits and dividends and the value of the firm???? I hold the Board of Directors responsible. Get off your #$%$ and cut costs and raise revenues and margins. Make the stock price go up and pay more dividends.
Can it be any worse. Declining stock price. Stagnant dividend. No earnings growth. Look at their payroll all the fat cats just soaking up all the Revenues that never make it to the bottom line for us stockholders. I can not believe the Board tolerates such pathetic performance of a fat overpaid management team.
The management of this company sucks because the earnings do not grow, the dividends do not grow, the share value has fallen significantly. The management explanation is lacking. The shareholder communication is poor. How hard can it be to own and operate buildings the government rents. Must be a few incompetent people running this garbage company.