Recent

% | $
Quotes you view appear here for quick access.

Dole Food Company, Inc Common S Message Board

upthedivy 3 posts  |  Last Activity: Jul 10, 2015 10:35 AM Member since: May 31, 2008
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    A Bird in Hand

    by peaceful_valley59 Jun 11, 2015 11:13 AM
    upthedivy upthedivy Jul 10, 2015 10:35 AM Flag

    Your prediction was correct even without an answer on the "expression of interest" i.e, unspecified offer amount . Not that I doubted it, however, I had hoped that mgt would have told us by now (2 months later) about the offer and and their agreement of disagreement with it. They hired a consultant to analyze it and have their own in-house people to do the same,

    The lack of an update does not bode well for any buyout potential, and the stock price drop indicates a further lack of investor confidence in mgt. Not surprising given the circumstances.

    Sentiment: Hold

  • upthedivy by upthedivy Jun 25, 2015 5:48 PM Flag

    I did not expect to see this thing drop so close to the 50"s again. With the REIT sector falling fast as well, I think it is time to seriously consider reloading on this gem. With the dividend now at about 5%, VTR looks very attractive.

    Sentiment: Strong Buy

  • Reply to

    A Bird in Hand

    by peaceful_valley59 Jun 11, 2015 11:13 AM
    upthedivy upthedivy Jun 16, 2015 5:03 PM Flag

    A lot depends on how "substantial" the offer is. At the time the offer was reported the stock was only $ 7 and change. A 40% premium would bring it up to about $10 +, not exciting for a stock that was over $11 a year ago. Lets hope that the substantial premium puts the offer price well over $10 a share.