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U.S. Concrete, Inc. Message Board

ladaclay 1 post  |  Last Activity: Jan 8, 2016 1:51 PM Member since: Nov 2, 2006
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  • ladaclay ladaclay Jan 8, 2016 1:51 PM Flag

    I have followed this company since 1984, as I used to work for Pulte. You have summarized their senior managements qualities very well. I have warned stockgolders (bag holders) in the past that if this company turns things around, I am sure they will bonus most of the benefits to themselves. If you take the time (as I did a few years ago) to see how much compensation Ara has received over the past 15 years you might be surpirsed (it is well over 100 million). Meanwhile if you owned the stock in the year 2000, when it was $3, you would have gone on a great ride however it is now worth $1.60. This company has never been managed to maximize returns to the shareholders. IMHO it has been managed to benefit the pockets of senior management.

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