I get the impression that the workers and the city both want to get the plant re opened and going again, but Mr. Pucci has run low on funds. If he can find an investor then he might be able to get things going again and pay owed payrolls; unfortunately it is a lot of money so it is unlikely he will be able to find an investor who will share his risk (more likely he’ll have to sell the company at a small loss). It appears that the workers and the city are trying to get the case moved locally so they can expedite bankruptcy proceedings, find an investor and re open the plant, but Mr. Pucci isn't ready to give up control so he may tie up the process in Madrid’s courts rather than let proceedings move to Leon. It is understandable why he wants to retain ownership, yet if he can clear up massive debts by letting go via bankruptcy then that may be the best thing to do. There are a lot of people out of work and that’s all on him and his conscience; it is probably best to let the company go and move on. That's what I'd do...
You almost need a translator to translate the google translations but here is the latest (from today's press)
"Two days ago, Gadea Group President, Gerardo Gutierrez, Leon said his company will take antibiotics along with American and German Metabolix Wacker, with projected employment of 240 workers by 2017.Gadea Group President said the operation would take place without talking to the current owner."The company is an undead, give him the death certificate and the remains give birth to a new company," said Gutierrez."
It appears that Gadea, Metabolix and Wacker are working together which sounds like good news for Metabolix... Unfortunately I don't speak Spanish so I'm relying on google's translation and try to interpret the interpretation that it generates.
RWB, it wasn't a strong buy near $7 but it may turn into one before the end of the week. I agree with other comments here that they investment in waterblock technology may be all they have going for them long term. It may also turn out that their Far Side speakers (or is that near field) have some potential but the real hidden gem here is the waterblock technology. The CEO could stop a lot of bleeding if he simply gave a little info about the potential of that technology and mentioned the size of their investment there. IMHO, anything below $5 is a BUY and anything near $4 is a Strong Buy.
The HBO GO app is very useful for watching a large variety of family content but I can’t hand my iPad to my children because visible in the lower right corner of this app is a button for “Late Night”…… Which is by definition “Adult Content !!!”
The Time Warner app has a work around but it is unacceptable; users can visit their provider’s website and turn off permission to access “unrated content”… Which means that they can exclude thousands of older family film while also turning off all adult content; this isn’t an acceptable solution because it excludes much of the content that we want to see on HBO GO.
What the HBO GO app needs is a way to prevent little eyes from accidently accessing “Late Night” while allowing them to see a plethora of unrated family (films like Alice in Wonderland, Pinocchio, Goosebumps, Narnia, etc. etc.). IMHO, the setting for HBO GO should have in-app exclusion or password lock-out of HBO “Late Night” so our children won’t have 24 hour access to HBO’s “Late Night” material.
I also believe that the customer should also be able to explicitly exclude TV-MA and TV-AO but most of these are already pushed into the HBO “Late Night” category. Providers currently give limited ability to exclude questionable content but only at the expense of all unrated films. This is a nice feature for the parent who fears that Time Warner is slipping Late Night content outside of the HBO Late Night category; unfortunately this feature currently comes at the expense of all unrated films (including many great family films, many more than the few I listed above).
Please recommend this post if you agree that the HBO GO app needs an in-app solution for excluding or password protecting "Late Night" content. Perhaps if this post gets enough recommendations then someone at Time Warner will take notice and fix the problem. If not, then perhaps some tech writer will read it and write an article that shames Time Warner into action.
Thank You in Advance!
A great fun is one that rises a little (or a lot) each and every year for the entire time that you own it.
A questionable fund is one that stays flat and does nothing over the course of a year; especially when compared to most of the indices that we care about:
Of course, since this is an international fund we should compare our foolish investment managers against others sailing in the same waters:
When looked at it that way our managers are doing very well! BTW, when compared to the various American indices there were several months (nearly 6) where TMFEX was well ahead. I’ve always heard that a well balanced portfolio should have both domestic and international stocks. After watching this fund for nearly twelve months it may not be that impressive to see a fund that is only break even, but when you consider the waters they’ve been sailing I’d say that Bill’s team is doing a pretty good job.
The boat feels well balanced and ready for an epic voyage...
I'm starting to see iEverything iEverywhere
Does OmniVision make any of the parts that go iInside?
Or is their stock price reflective of a change to someone else making parts that go iInside?
i-nquiring minds want to know ;-)
Learn from those who came before you...
I really don’t like the idea of using robots but amazon uses robots in most of their warehouses to aid in the pick, pack and ship process. China has plenty of people so replacing a warehouse worker with a robot seems senseless and sad but it is how amazon does things probably because of the cost of labor in America has so many additional costs associated with it. Regardless it is good to know what techniques your competition uses to get ahead.
Amazon has such volume that they have deals worked out with all of the delivery companies; in return they offer their customers a specially priced express delivery service for free on orders over a certain size or for all Amazon warehoused products via an annual subscription called Amazon Prime. This sort of luxury keeps their top customers coming back month after month.
Amazon has also setup a subscription service that provides discounts to customers who are willing to purchase products on a regular basis (once a week, once a month, once every other month, etc.). This is a good way to go for customers who have a regular need for a product but don’t really want to keep coming back to purchase it. Their credit is automatically charged right before each and every shipment.
Personally I think a few grand prizes awarded frequently enough to garner attention is a very good way to go when trying to attract new customers to a shopping service. If my neighbor drove up in a new Mercedes that was gifted to them by Amazon then I’d certainly consider buying more stuff from them. FYI, I already buy plenty from them and use their prime service ;-)
Each month they could acknowledge their top 10% of customers by giving them one or more 10% off discount coupons. Of course, each coupon would be coded so it could only be used once.
The key is making it exciting for customers to use Dang Dang because of the potential for reward... Prizes, discounts, travel, etc. Whatever gets people excited and allow them to expand their chances each time they make a purchase
Buying something from Dang Dang could be a little like buying a ticket in the lottery; each new purchase increases your odds of having your dreams come true.
Here’s another idea, rather than build out a video service like Amazon has they should strike some sort of a deal with Netflix when Netflix wants to enter China. Dang Dang could run ads and become the platform for Netflix to sell its services into China; in return Dang Dang could earn advertizing dollars from Netflix and perhaps a small slice (5 - 10%) of their sales within China.
FYI, the first twenty ideas are free, the next twenty ideas must be paid for by Dang Dang in the form of a higher share price ;-)
Start running ads that make it look glamorous to receive DangDang packages at the front door… In my neighborhood the Amazon deliveries arrive daily and everyone knows from one look at the box.
Strong insider purchases would also be a plus. If the insiders thought their stock was valued too low during the IPO process then they must believe that it is being given away at today’s prices. A large set of stock purchases by all insiders would show the world that they aren’t all hot air.
Run specialty discounts similar to Amazon but instead of using a daily gold box (which isn’t really a bad idea for China) perhaps they could begin a once a month deal buster. For example, the first Monday of each month they could have huge sales in one of their many departments; similar to our Cyber Monday but more often.
The cigarette companies once had a good gimmick; they gave away new cars to some of their smokers (the particular car they picked helped create many many smokers in various Eastern Bloc countries). Included in each Dang Dang delivery box could be a code that the customer could use to enter in a drawing the next time they purchased something else from Dang Dang… With their choice of prizes: a new car, a big screen HD TV or something else that is proving to be popular within China. Monthly prizes could then be awarded to a few customers and their smiling faces shown on the home page of the website.
There are so many ways to introduce the public to something new but in a country like China giving away great prizes could perhaps turn Dang Dang into an overnight winner.
Anyone looking to push their purchase for a few weeks can pick them up at a 5 cent premium; otherwise I'll just go ahead and exercise later today.
A new generation of lighting?
The following was released on New Years Eve:
“Ed Crawford, CEO of North American Lighting, the 8,000-employee unit of Philips Electronics, said this year’s Times Square Ball dropping ceremony coincides with the company’s first mainstream LED version of the 60-watt light bulb. “The stakes are high,” Crawford said in an interview just hours before the ball began its descent into Times Square. “The business is transitioning...to providing a durable good verses a commodity. The new LED lights are very long-life products.” Marketed at Home Depot (HD 34.56, -0.11, -0.32%) and other stores under the Luxeon brand name, Philips’s new LED bulb produces the light of a 60-watt bulb with only 12 watts of power, while generating less heat.”
Today I went to my local Home Depot and searched for the “Luxeon” bulb mentioned in the article. Instead I found a Philips Ambient with similar specs but the sign below it said “now $39.97” and that it used to be closer to $60.
My questions for those who follow Philips' move into the A-type LED bulb market...
1) Is the Ambient LED the same one that they talked about in the above article?
2) Is this the same bulb that is entered in the L Prize contest?
Thank you for any help you can give with this.
In August Winning Brands announced: "Lancaster will be taking deliveries of Winning Colours Stain Remover inventory into all 7 warehouses immediately..."
Initial shipments were to promote training (training that began in September); fortunately, Lancaster has warehouses some really great places and clearly we are starting to see the dividends ;-)
October 1, 2009 - Winning Colours Stain Remover Listed by O'Leary Paints
October 6, 2009 - Winning Colours Stain Remover Arrives in Massachusetts
- Ace Hardware stores near Boston are the first in the State for Winning Brands
According to Lancaster's website, they have the following Distribution Centers:
o South Carolina
Imagine the possibilities ;-)
Hmmm, typo “Hyper growth”
LOL or perhaps it was a Freudian slip?
It seems like we often get a nice little pop after a nice little slice of hype
He’s been prepping the company for hype growth. A lot of companies use precious resources to buy-back shares at the wrong time (like during their growth phase). Eric seems to be using resource to open doors within the United States and expand worldwide. If he is successful then there will be plenty of time to buy back shares as retailers begin buying up product. If not, then you won’t matter how much he buys back because your shares will still be worth only a cent (or less).
Patience is its own reward
We all could learn a little from Buffett the billionaire
FYI, I also believe that someday we will start to move up by pennies instead of fractions of pennies
Personally I expect 2010 to be a very big year
How about you?