Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Partners
Redesigned mip
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="tieguy" data-source="post: 51898"><p>I'm not a financial expert by any means. It appears that what we have here is a one time opportunity for the company to defer the MIP expense and therefore give the impression of increased earnings in the fourth quarter of 2005. That 50 percent or 7.5 percent of the profits that is deferred will show as an increase in net earnings this fourth quarter. This will give the impression that we have increased our earnings when we really deferred the expense. Now if I thought the market would respond favorably to this deferral of expense then I would be 100 percent for it. But as all of you have seen we have had way too many quarters of record earnings being met with a big yawn by the market. </p><p> </p><p>Again lets be honest here this is not being done for our benifit. I am not crying over this issue but I am not crazy about a system where doing a good job today gets me paid in 5 years. I think at the very least those who have been under the old system for most of their careers should have the option of continuing under the old system. </p><p> </p><p>As you look at the new system the single biggest factor that will affect our stock performance will be volume growth. Significant volume growth will get this stock moving. The market looks at fdx doing the twenty percent growth a year and gets excited. Most do not know that most of the growth fdx is experiencing is coming directly from the post office which has lost significant market share in the past 4 years. They don't understand this information and this company does a poor job of explaining it.</p></blockquote><p></p>
[QUOTE="tieguy, post: 51898"] I'm not a financial expert by any means. It appears that what we have here is a one time opportunity for the company to defer the MIP expense and therefore give the impression of increased earnings in the fourth quarter of 2005. That 50 percent or 7.5 percent of the profits that is deferred will show as an increase in net earnings this fourth quarter. This will give the impression that we have increased our earnings when we really deferred the expense. Now if I thought the market would respond favorably to this deferral of expense then I would be 100 percent for it. But as all of you have seen we have had way too many quarters of record earnings being met with a big yawn by the market. Again lets be honest here this is not being done for our benifit. I am not crying over this issue but I am not crazy about a system where doing a good job today gets me paid in 5 years. I think at the very least those who have been under the old system for most of their careers should have the option of continuing under the old system. As you look at the new system the single biggest factor that will affect our stock performance will be volume growth. Significant volume growth will get this stock moving. The market looks at fdx doing the twenty percent growth a year and gets excited. Most do not know that most of the growth fdx is experiencing is coming directly from the post office which has lost significant market share in the past 4 years. They don't understand this information and this company does a poor job of explaining it. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Partners
Redesigned mip
Top