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Chiquita Brands International Inc. Message Board

ikfmypw 4 posts  |  Last Activity: Mar 24, 2014 9:54 AM Member since: Jul 2, 2010
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  • Reply to

    THE BIGGEST POS ON WALL ST EVER!

    by snowcats41 Mar 3, 2014 9:41 PM
    ikfmypw ikfmypw Mar 24, 2014 9:52 AM Flag

    Well, you weren't an English major, were you?

    I've owned the stock as a core holding for years and it has done very well for me, with reinvested dividends, even with their slow-down. Steady growth with very good long term prospects, and higher dividends, for more years ahead. Based on the jump up today, it doesn't appear many agree with you.

    Sentiment: Buy

  • Reply to

    Currency fluctuation

    by djenkin3 Feb 12, 2014 12:16 PM
    ikfmypw ikfmypw Feb 12, 2014 5:08 PM Flag

    Yes, they have used this before, but it happens, and hedging is just a guess for short periods of time. If you want to go where the money is, which is where the consumers are, you need to be global. The most important thing is that top line case volume and revenue are still growing. Translating that money into dollars right now is a mess as the world devalues currency, but id has happened before and it doesn't last foreveras P&G and everyone else adjusts to it. If you didn't want to deal with any currency issues you'd only do business in your home country and only source from your home country. No a good long term strategy.

  • Reply to

    this stock

    by muckahoy88 Jan 21, 2014 3:46 PM
    ikfmypw ikfmypw Feb 10, 2014 11:37 AM Flag

    There is a lot more to it that just the FE purchase, which was ridiculous. Fernando was a mess from day one. He couldn't lead, or manage. He drove away the keepers and brought in his buddies (Tanios = horrible!). The stock dropped by 2/3 under his "watch"..Where was the Board? Asleep, and even more asleep when they brought in Lonergan who didn't cut it in his last job. Kerrii ruined Wendys and now she, Ed and the rest of them are ruining CQB. You need to look no further than seeing that Lonergan unloaded his stock. Stay away. Stay far, far away.

CQB
12.56+0.31(+2.53%)Apr 17 4:03 PMEDT

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