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People's United Financial Inc. Message Board

donofriop 11 posts  |  Last Activity: Jan 21, 2013 11:46 AM Member since: Jan 5, 2012
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  • Reply to

    Devious,nasty Mngt&Board??

    by donofriop Jan 20, 2013 11:22 PM
    donofriop donofriop Jan 21, 2013 11:46 AM Flag

    Look, the 5% yield would be fine if the share price was gradually increasing over time(not a priority for Board or Mngt).
    The re-issue price of approx. $20.00/share --in 2007--is now $12.00 and change you do the math.
    I am not sure what you mean by "no credit or interest rate risk" but if your reference is to REIT's than yes I believe you would have had better returns with the mortgage backed securities firms.
    Look I am not advocating making a 1million over night, what I am saying this bank located in a superior market was once (before the current tribes people took over--sorry can't help myself--}
    a very successful franchise and the pride of many people that invested in it's original IPO.
    The investors twice supported this bank by buying up millions of dollars worth of shares,making it possible for the bank to survive in this climate,so what is it that the bank has done for the shareholders?? not very much,the 5% dividend is the equivalent of picking up the crumbs off the floor,when taking in consideration declining stock price.
    The shareholders are part owners as such they should expect a reasonable return .If you feel
    good about your investment than be happy,from my way of looking at this the shareholders is
    being treated as second rate.
    It;s time to move on
    SELL,SELL,SELL

    Sentiment: Strong Sell

  • Somebody mentioned that the price of this stock is lower now than 2009.There are people that are using the dividend to over look this fact.Look Mngt&Board are bad people,they are rewarding themselves to the extreme I am sure but what about the shareholder????
    I stand by my "opinion" that these people are bad otherwise they should be doing a better job at rewarding the shareholders as well as the employees and themselves ,in that order.
    To hold on to this stock is like banging your head against a wall and not expecting to get a headache.
    Yes you might make a few dollars at this level,but is it worth the wait??
    With current behavior ,in this institution,investors could do better elsewhere.
    Sell,sell,sell.

    Sentiment: Strong Sell

  • Reply to

    Finally

    by donofriop Mar 2, 2012 2:23 PM
    donofriop donofriop Mar 20, 2012 1:01 PM Flag

    You are right.I was surprised that all of a sudden it came alive,volume wise,but of course you are correct prize wise this stock is a major disappointment.

  • Would be nice, but more to the point Barnes purchase of PBCT stock on the open market created some very positive price action.Jack,if you keep this up, you'll have us believe again....Uhmm that would be a good thing right?????

  • Reply to

    $3.5 million for this empty suit CEO

    by kkkkkkkia Mar 7, 2012 7:47 PM
    donofriop donofriop Mar 9, 2012 11:15 AM Flag

    Great post,this confirms what a lot of shareholders have been saying for awhile.Barnes and his cronies are a bunch of self serving,arrogant,elitist jerks.
    It seems to me they are only interested in enriching themselves,as for the shareholders....well they are left to hold the proverbial bag.

  • I am certain that you all heard that "falling in love"with a stock,any stock,does not make any sense.The market could care less and ultimately
    you could end up paying a high price.
    This seems to be the case with this stock.

    Strong balance sheet
    Solid franchise
    Good dividend
    Northeast
    No TARP
    And on, and on,and on.Endless justifications.The reality!!If you invested in this Company you are LOOSING money,period.
    In answer to my TWO responders (my post of 20 JAN,12)
    The question should be WHAT IS MNGT&BOARD DOING TO BUILT SHARE HOLDER VALUE????
    I agree the downside risk is limited (we still have not lost all our money) on the upside the employes are making out,they have a job,but Mngt&Board should go,they have lost sight of who a PUBLIC company is responsible to and are now treating this bank as their PRIVATE ATM machine.
    If you have any doubts about this....how long,do you believe, can a stock trade below $20 a share (5 years and counting)and not be considered a bad investment?
    The answer is a very long time,Eastman Kodak comes to mind.Finally they went bankrupt.
    I,as shareholder,call for the removal of the super idiots running this company,but I am afraid it's too late.Chances of preserving capital or actually making a profit are very slim to none,as for the people that claim if we bought 20 years ago we be doing OK-they are right we would be picking up some crumbs off the floor,the thing is,as shareholders we should have a sit at the table.
    There is no such thing as a good stock unless it goes up in price.
    I would suggest that "THE BANK"should make the increase in stock price their most fervent priority otherwise they are headed the way of mediocrity at best.

  • donofriop by donofriop Mar 2, 2012 2:23 PM Flag

    Wow!!!
    Does anybody know why this stock is up so much today??
    I been waiting for a move on the upside,but still would like to know reason.

  • Reply to

    Missed Expectations P/E 22-24

    by mbagamers06 Jan 19, 2012 5:04 PM
    donofriop donofriop Jan 20, 2012 5:15 PM Flag

    you are absolutely correct.This mngt team is made up of a "good old boy network"that are obviously in love with themselves......but built some shareholder value....come on!!!!be serious these yo-yo's belong to the 1% club.

  • This company has become the pits.I am certain That the board,mgmt,and all their cronies are doing just fine.Their salaries and bonuses not to mention fringe benefits are all well and secure,but what about us POOR shareholders??Mngt and board need to go,we the shareholders deserve better than these elitist group of morons who are taking all of us to the cleaners.

  • Reply to

    $.30 DIVIDEND - DEC.15

    by arizzzona333 Dec 2, 2011 2:00 AM
    donofriop donofriop Jan 6, 2012 2:06 PM Flag

    Thanks for the info.will consider buying more.

  • Reply to

    $.30 DIVIDEND - DEC.15

    by arizzzona333 Dec 2, 2011 2:00 AM
    donofriop donofriop Jan 5, 2012 11:40 AM Flag

    SO when is the mysterious pay date for the div.??
    I bought it for the div. but I am starting to believe it was a big mistake.

PBCT
14.74-0.20(-1.34%)Jul 30 4:00 PMEDT

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