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Office Depot, Inc. Message Board

heydog37 9 posts  |  Last Activity: Nov 22, 2015 12:38 PM Member since: Apr 27, 2010
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  • heydog37 by heydog37 Nov 22, 2015 12:38 PM Flag

    Staples goes up either way. Merger it goes up because they are sole survivor. Merger fails it goes up because it is the stronger more successful company. I am surprised to see it this low and it may go lower as it is controlled by large investors and who knows what they will do. Bottom line is Staples has a long succesful history and is trading at lowest price range in over 10 years and strong consistent dividend record. They have strong internet presence. FCC should take into account that this is a competitive market and is area of my biggest concern... that if Wallmart and Amazon take up competing with Staples for corporate business and put the screws to them as they have a wider range of strength and could spell the end of Staples and ODP. Why are they not considered Monopolistic?

    Sentiment: Strong Buy

  • heydog37 heydog37 Nov 3, 2015 8:40 PM Flag

    Currently using Staples. But we pit them against each other to get the best deal.. and I must say I am surprised that the FTC may let them merge. Not sure who we get to bid against them in the future.

  • heydog37 heydog37 Nov 3, 2015 1:34 PM Flag

    People need to understand that the foundation of Staples and Office Depot is in contracting. I have managed at several large companies and have negotiated contracts with both of these companies to leverage benefit for purchasing discounted product due to our large volume purchasing. We have a representative we deal with that works hard to get our contract. I can't imagine Amazon, Target, Walmart etc. competing in this area. Do they steal back to school backpacks and notebook sales? Who cares?? The big money maker is in the contracts with schools.. government agencies.. and major companies around the U.S. I believe your numbers are if they do not merge.. if merger occurs buckle up!

    Sentiment: Strong Buy

  • Reply to

    SPLS panning to aquire ODP !!!! WHY ???

    by ryangaib Nov 3, 2015 8:58 AM
    heydog37 heydog37 Nov 3, 2015 1:12 PM Flag

    You clearly have no reason to be on this board if you do not understand why.

  • heydog37 by heydog37 Oct 15, 2015 8:14 PM Flag

    How can ODP be going up while staples is going down in a merger like this? Just makes no sense.

  • Reply to

    Time to grab some SPLS

    by ryangaib Oct 11, 2015 12:20 PM
    heydog37 heydog37 Oct 12, 2015 8:45 PM Flag

    I base this on staples trading at near lowest price in 10 years. Company having bought back over 10% of its stock in that time. It has consistently paid dividend and managed the company better than any other in its segment. I do not buy into the idea that Amazon is going to run them out of business as Staples has a very strong internet presence in a contract driven industry that Amazon does not really compete in.

  • Reply to

    Not right

    by heydog37 Sep 29, 2015 11:55 AM
    heydog37 heydog37 Oct 7, 2015 10:42 AM Flag

    I believe your calculations are more realistic and logical. Thanks for digging up that data. I believe Staples is in a win/win situation here. If they merge staples wins and if the do not staples is the stronger company and wins. No idea why stock price would get driven down with such a long track record of profit. I do not buy into the idea that office products companies will go under because of Amazon that is currently -.43 per share will do it better. Staples does a lot of contract business and has it's own strong internet presence. It is not going anywhere imo.

  • heydog37 by heydog37 Sep 29, 2015 11:55 AM Flag

    Why is the P/E for staples like over 100 now? And how can Office Depot be worth more than staples as they are loosing money and paying no dividend where staples is making money and paying a dividend?

  • heydog37 by heydog37 Sep 22, 2015 1:05 PM Flag

    Staples has a long history of paying steady dividend and making a profit. Very stable contract business. The deal should it have gone through would have been VERY good for staples. Not going through it is still very good to staples as it is the stronger company and overpaid for the merger imo. Strong buy at this price.

    Sentiment: Strong Buy

6.905+0.075(+1.10%)Nov 25 4:00 PMEST