Stock

Discussion in 'UPS Union Issues' started by kingOFchester, Mar 22, 2013.

  1. kingOFchester

    kingOFchester Well-Known Member

    Stock flirting with all time highs, but we are discussing concessions?

    The month leading up to the previous ratification 11/1/2007 -12/19/2007 the stock topped out at $75.14 cents. During that time it even bottomed out at a little over $70.00 (November 21st 2007).

    But lets go with the high at the time. $75.14. Today it closed at $84.76. That is close to a 13% increase in value from 2007 negotiations HIGH until our current negotiations. The increase percentage would be even higher if I had used the November 21st 2007 low.

    Lets compare that to some other stocks.

    FEDEX
    11/1/2007 -12/19/2007 The stock topped out at $103.83
    Today it closed at $98.48 That is a loss of over 5%

    EXXON MOBLIE
    11/1/2007 - 12/19/2007 The stock topped out at $90.38.
    Today it closed at $89.29 That is a loss of 1%

    GENERAL ELECTRIC
    11/1/2007 - 12/19/2007 The stock topped out at $40.34
    Today it closed at $23.37 That is a loss of over 42%


    So, in closing..... UPS stock has increased in value by 13% from where it was during the 2007 negotiations. Fedex loss 5%, EXON loss 1%, and GE loss 42% during that same time period. CEO is making more now then 2007. Stock holders are getting a bigger dividend then they did during the 2007 negotiations.

    Side note, the companies I used were not cherry picked.
     
  2. kingOFchester

    kingOFchester Well-Known Member

    The return on investment from the high in 11/1/2007 until now, including dividend is over 29%,


    Concessions????

    CEO total compensation in 2007 a little over 6 million. Now, it is 100% more then that.

    Concessions????

    Anyone care to be the devil advocate and explain to me why we are talking about paying a penny for healthcare???
     
    Last edited: Mar 22, 2013
  3. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    Selling all available share soon.
     
  4. East coast navy

    East coast navy Veteran

    Obamacare is a smoke screen for company's to make money. While the middle class will get more and more poor.
     
  5. brown bomber

    brown bomber brown bomber

    the last of my shares were officially transferred for sale a few days ago...the majority went into a mutual fund, the remaining odd shares were sent as a check and deposited today.....I guess that this pretty much finishes the retirement process...I'll just wait for the pension checks to be deposited on the 1st of each month
     
  6. Jackburton

    Jackburton Gone Fish'n

    Congrats on retiring. I know a lot of folks around here won't if this whole mess with insurance goes sour. I hope UPS likes 61yr old drivers being the core of the company, filing for simple workman's comp injuries because of reduced benefits.
     
  7. ftballer67

    ftballer67 New Member

    Great stuff