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10-26-2009, 07:50 PM
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#26 | | Senior Member
Join Date: May 2006
Posts: 108
Rep Power: 418 | Re: C'mon Wall St. Give UPS some love W,
All those things you talk about gaining from going public were already viable aspects of UPS prior to ever going public. Investors wanted our stock, institutions own most of the shares held in the market. When we went public, we were scrutinized by these analysts that initially didn't understand our business. As a result you saw the upper management start micro-managing the company. We had one of the best credit ratings of any major company for many years. We used to pay cash for everything. Wall street doesn't like companys with no debt. Wall street also doesn't like to see lots of cash sitting around. We could have stayed private and continued to do quite well. Our biggest downfall was that we were so cautious and slow to implement new strategies, new services, new spinoff companies, that competition got stronger , became more advanced on technology and so on. We were always a day late and reacting instead of being proactive.
UPS is sadly looked at as a company with high labor costs, highly vulnerable to oil prices, lives and dies off the consumer, and is a giant that struggles to grow. Those that made all the money by making us public are the reason the rest of us will never reap the benefits of our hard work that they did.
REMEMBER THE BIG FISH ALWAYS EATS THE LITTLE ONES |
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10-26-2009, 07:53 PM
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#27 | | Retired
Join Date: May 2009 Location: Somewhere in the USA
Posts: 278
Rep Power: 717 | Re: C'mon Wall St. Give UPS some love So are you saying we have 8 directors that are clueless about this company. That last one we hired works for a pickle company! Are we divirsifying into the pickle industry and need his expertise? |
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10-27-2009, 05:24 AM
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#28 | | free at last.......
Join Date: May 2007
Posts: 658
Rep Power: 10950 | Re: C'mon Wall St. Give UPS some love Quote:
Originally Posted by Just Numbers So are you saying we have 8 directors that are clueless about this company. That last one we hired works for a pickle company! Are we divirsifying into the pickle industry and need his expertise? | I can see it now......
"When it comes to satisfying the Wall St. crowd, we're in a real pickle."
" Well...let's get someone on the board from 'Vlasic'. He'll know what to do."
"Yeah....right....why didn't I think of that?......genius!!!"
__________________ If you think you've seen it all.............wait til tomorrow........... |
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10-28-2009, 06:29 AM
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#29 | | Senior Member
Join Date: Jun 2007
Posts: 1,661
Rep Power: 5462 | Re: C'mon Wall St. Give UPS some love Quote:
Originally Posted by JustTired I can see it now......
"When it comes to satisfying the Wall St. crowd, we're in a real pickle."
" Well...let's get someone on the board from 'Vlasic'. He'll know what to do."
"Yeah....right....why didn't I think of that?......genius!!!" |
Maybe if UPS had a garbage man, a beer man, and a gambler like FDX things would be much different.
__________________ LOOK SHARP DON'T GET CUT |
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10-31-2009, 01:41 PM
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#30 | | Senior Member
Join Date: Jun 2007
Posts: 1,661
Rep Power: 5462 | Re: C'mon Wall St. Give UPS some love Hard to argue with a consitant 2-4% return every 20-30 days.
__________________ LOOK SHARP DON'T GET CUT |
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10-31-2009, 02:33 PM
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#31 | | I live dilbert
Join Date: May 2000
Posts: 10,786
Rep Power: 27230 | Re: C'mon Wall St. Give UPS some love ups does not know how to BS a stock report. FDX reported terrible earnings but said they saw the economy improving. Fdx stock jumped up. UPS reported the same type of crappy earnings and said they were not sure the economy was getting any better. An honest answer that does not help the stock price. Fdx is a shameless huzzy when it comes to working the earnings report.
__________________ As the owner of a bovine heart valve I encourage everyone to eat more chicken. |
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10-31-2009, 03:00 PM
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#32 | | Senior Member
Join Date: Jun 2007
Posts: 1,661
Rep Power: 5462 | Re: C'mon Wall St. Give UPS some love With a forward pe of 20. Looks like UPS is a little rich.
__________________ LOOK SHARP DON'T GET CUT |
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11-06-2009, 07:08 AM
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#33 | | Senior Member
Join Date: Jul 2007 Location: WYO
Posts: 106
Rep Power: 307 | Re: C'mon Wall St. Give UPS some love Today UPS rang the opening bell at wall street ,opening at 50 dollars a share 10 years ago. The stock has appreciated to 54 making UPS a horrible investment. A bank CD outpaced the dividend over a 10 year mark. I'm sure not the stock appreciation the board anticipated over that 10 years. |
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11-06-2009, 09:03 AM
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#34 | | Member
Join Date: Aug 2009
Posts: 54
Rep Power: 114 | Re: C'mon Wall St. Give UPS some love Quote:
Originally Posted by wyobill1956 Today UPS rang the opening bell at wall street ,opening at 50 dollars a share 10 years ago. The stock has appreciated to 54 making UPS a horrible investment. A bank CD outpaced the dividend over a 10 year mark. I'm sure not the stock appreciation the board anticipated over that 10 years. | How many shares were sold in 1999 on the IPO? How many are outstanding now.
It could be that UPS has still raked in countless millions by selling new issued stock during those 10 years. |
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11-06-2009, 05:12 PM
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#35 | | Senior Member
Join Date: Jul 2007 Location: WYO
Posts: 106
Rep Power: 307 | Re: C'mon Wall St. Give UPS some love Quote:
Originally Posted by randomUPSISer How many shares were sold in 1999 on the IPO? How many are outstanding now.
It could be that UPS has still raked in countless millions by selling new issued stock during those 10 years. |
I cant answer that. I would think it was somewhat embarrassing to ring the
the wall street bell with a 4 dollar increase from the IPO 10 years ago. Its
nothing to bragg about. |
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11-06-2009, 05:26 PM
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#36 | | Member
Join Date: Dec 2006
Posts: 47
Rep Power: 89 | Re: C'mon Wall St. Give UPS some love Quote:
Originally Posted by wyobill1956 I cant answer that. I would think it was somewhat embarrassing to ring the
the wall street bell with a 4 dollar increase from the IPO 10 years ago. Its
nothing to bragg about. | I agree with you Wyobill!! |
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11-06-2009, 05:38 PM
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#37 | | Member
Join Date: Sep 2009
Posts: 394
Rep Power: 1002 | Re: C'mon Wall St. Give UPS some love There's a phony bell in the AGB in Louisville.
No one rings it....it just gets dusted every month |
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11-06-2009, 08:15 PM
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#38 | | Member
Join Date: Aug 2009
Posts: 54
Rep Power: 114 | Re: C'mon Wall St. Give UPS some love Quote:
Originally Posted by Dis-organized Labor There's a phony bell in the AGB in Louisville.
No one rings it....it just gets dusted every month |
...and likely dirty looks from the people who resent the company going public |
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11-06-2009, 10:49 PM
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#39 | | Member
Join Date: Oct 2008
Posts: 360
Rep Power: 2706 | Re: C'mon Wall St. Give UPS some love Quote:
Originally Posted by randomUPSISer How many shares were sold in 1999 on the IPO? How many are outstanding now.
It could be that UPS has still raked in countless millions by selling new issued stock during those 10 years. | http://pressroom.ups.com/Press+Relea...Public+Company
"UPS, founded as a Seattle messenger service in 1907 by a 19-year-old named Jim Casey, was owned privately by employees, retirees and various foundations until Nov. 10, 1999. On that day, UPS issued 109.4 million Class B shares representing 10 percent of the company's outstanding shares at an IPO price of $50 per share.
At the time, the $5.47 billion raised on that day was the largest domestic IPO ever. Over the ensuing 10 years, public ownership of UPS has grown from 10 percent of the company's stock to 70 percent."
- - - - - http://investor.shareholder.com/ups/...financials.cfm Shares Outstanding: 994,457,??? Float: 985,200,??? |
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11-06-2009, 10:57 PM
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#40 | | Member
Join Date: Oct 2008
Posts: 360
Rep Power: 2706 | Re: C'mon Wall St. Give UPS some love Quote:
Originally Posted by wyobill1956 I would think it was somewhat embarrassing to ring the the wall street bell with a 4 dollar increase from the IPO 10 years ago. Its nothing to bragg about. | Imagine if you were a member of the general public and bought shares on Day One at the opening price of $65. Your ten year investment would have earned you about 1%. http://investor.shareholder.com/ups/...calculator.cfm |
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