" 70% buyback and 30% dividend"
Thanks for clearing that up. I thought it was 50-50. Maybe that was my desire, not reality
interesting. It's almost as if what you write to LM could be written to yourself. I suspect inner hatred for yourself and what you do. It must be hard to look yourself in the mirror. you create and build nothing. you are a parasite
so that means you're looking at 50c here.
I can't see how this was not delisted already. They have no plan to get equity above $2.5M. with CFO gone and plan they had in the works gets set back to ground zero
Wires? That's like saying "how do you use this buggy whip?"
Divest all of wireline and contract out whatever wires the cell business needs
musical chairs continues. What a cluster flop this is. So did Shea quit or was he fired? If fired expect 1 years severance for doing nothing. This company is a joke
Dow Corning $4.8B transaction complete and company will increase capital return from $10B to $12.5B. so essentially 1/2 the Dow Corning money will be given back to shareholders
This should move higher and should be at least $25
since there are more retirees than current workers, this is actually a huge savings for the company. Hats off to VZ for getting the dummies to take some meager raise and then get screwed when they retire.
which statement? that health care costs are rising? Read up on that. That union membership has been deceasing over time as VZ sells of the landline business? Again, you can document that by looking at the union headcount over time.
So I am not sure what you are balking at. The union got to "keep" their jobs, gets 3% or less per year in raises and bares the increasing health care costs which are rising between 10%-20% per year.
of course you derided me when it took a small hit, but here it is back near it's high again. Just went ex-dividend too.
spanspur is taking a page out of billy's play book and going silent as he sells. It's so obvious they were the same guy
if the avg union guy has a $60K salary and gets a 3% raise, that's an $1800 rise in pay.
If health care costs are $20,000 and go up 10% and the worker now bares that cost, that's $2000
Now do that same calculation if health costs go up 20%. So who won?
article on Friday - Collectors' Universe Gathers No Moss
Says fair value is now $20. Update to an article from January when he said fair value was $18
Article today Tuesday - Collectors Universe Is Winning A 'Winner Takes All' Market
predicts a 13-15% compound return on your investment for a 5+ years.
Also predicts demise of NGC due to new CLCT initiatives. Said ANACS is out of business. Their website is offline. Also says management is overpaid which I also agree with
so the Union gets a better raise and some job assignment guarantees, and the company gets to push off health care costs onto the Union. As health care is the largest rising part of future compensation and this applies to retiree care, the company removes a known unknown from their future. This is huge and why the stock is up.
Over time, the company will sell off the landline business so any pay rise is not as important as retiree costs. Over time, the selloff of landline will lower the union headcount. Probably a good deal for both sides but more future costs are on the union
looks like union health costs will be going up. Hard for a company to plan on that and now that unknown expense will be on the workers. In 4 years, after they sell off more landline business, the union will be down to 30K folks
look at the progression of the Union headcount over the past 5-10-20 years. It's been downward and VZ has been selling off those money losing businesses