How many shares does D Law own? How many plant managers are forced to bump orders from good accounts for his low margin garbage? Answer is most every one.
Does anyone remember a few years ago when David was getting baked on this chat board and he blew his cover and stuck up for himself demanding an apology? That was so funny. If for nothing else, it showed that he was active on this message board. Is he still lurking in the wings?
Plants are sucking wind, little work to run and it looks like pants are being dropped regarding pricing. Bob needs full plants and higher prices, ain't happening in my view. Second quarter may need a staff reduction to cut overhead. Who is the next one to be led through the door of shame?
Market Cap - $134.16 Million, paid $235 Million to the Crystals for Commercial Envelope
Profit Margin - -4.3%
Cash on Hand - $14 Million
Revenue - $1.95 Billion
Cash to Revenue Ratio - .007
Total Debt - $1.23 Billion
Blob, what do you say to the shareholders that are way way way underwater on this pipedream yet you and your spawn rob the piggy bank by taking huge salaries and compensation packages? My guess would be that you think you earned it for steering the Titanic through troubled waters yet it's your ice machine spewing out the icebergs. I smell under 2 bucks and it stinks. Best management team in the business you say? I couldn't imagine where the share price would be with the worst management team in the business! Who can detect the sarcasm?
And one more question, when will the CEO and the COB positions be split up like most publicly traded companies? My guess would be when you promote one of your spawn to fill that position. You would obviously need a puppet on strings for that. I can't wait for retirement, mine and yours.
“Standard Register has a fundamentally stable underlying business with a large, diverse customer base and a strong portfolio of solutions that include integrated communications, product marking and decoration (labels), document management, promotional marketing and technology/professional services, but our ability to invest in growth has been hampered by our debt structure and legacy liabilities,” said Joseph P. Morgan, Jr., president and chief executive officer.
“In response to the traditional print market decline, Standard Register repositioned itself as a market focused integrated communications provider where today, the majority of both revenue and profit are being derived.”
“The Board and management team have conducted a rigorous assessment of all of our strategic options and believe that this process represents the best possible solution for Standard Register. We are grateful for the support of our lenders and have sufficient financing to fund our operations as we complete a process that should result in greater flexibility for investment in the future,” concluded Mr. Morgan. “We are thankful to our dedicated employees who continue to work diligently to deliver value and a high level of customer service.”
Yeah, SO fundamentally stable that you clowns went belly up. Shareholders are left holding the bag. Can this happen elsewhere in the industry, hint hint?
Bob - what is your plan for shareholders and shareholder value? Not gobbledygoob, a plan! What is it? Hoping and dreaming isn't working! How about it is time to fire the kids, then resign and bring in operators!
Bear in mind that there are a lot of 1,800 sq ft $1,000,000.00 + cape cods. Makes one wonder what Sr's house is worth. Report also said that there is a mansion glut in Greenwich. Could you imagine if you can't sell you stock because no one wants it and then you can't sell your house because no one wants it.