Holland | Financial’s

dokman

TB Veteran
Credits
370

Everyone gets so hung up on stock price and investors. I suggest those who are so knowledgeable on investments go to any stock site and do some research. One of the best indicators of any company is who owns shares. Take a look at institution’s that own(%). These are the big boys the ones that invest millions for funds and insurance companies. If YRCW was as bad as so many portray, then why do they have such strong institutional ownership?
Look at it this way. If you are a small business and take company info to several CPA’S each one will come up with different scenarios to avoid taxes, or show a profit for potential investors.
Think about that.................................. you want to show less profit for tax purposes but more profit for investors? That is one fine line to walk. What is first thing bank wants before lending money TAX RETURNS. Not to mention report to SEC, yes you can say there has been some cooking going on, but until there are criminal charges, they are just that, talk.
Maybe it is good Jamie is back, maybe not.
In the end anyone, including myself who ever thought the end game was not total consolidation was pretty naive. My two cents is I don’t want to see it, although from being more efficient and reducing waste(multiple carriers going to customer each picking up or delivering one pallet) it is probably a necessary evil that we all must accept.
Stay tuned 20/20 I am sure we will see changes.
 
Everyone gets so hung up on stock price and investors. I suggest those who are so knowledgeable on investments go to any stock site and do some research. One of the best indicators of any company is who owns shares. Take a look at institution’s that own(%). These are the big boys the ones that invest millions for funds and insurance companies. If YRCW was as bad as so many portray, then why do they have such strong institutional ownership?
Look at it this way. If you are a small business and take company info to several CPA’S each one will come up with different scenarios to avoid taxes, or show a profit for potential investors.
Think about that.................................. you want to show less profit for tax purposes but more profit for investors? That is one fine line to walk. What is first thing bank wants before lending money TAX RETURNS. Not to mention report to SEC, yes you can say there has been some cooking going on, but until there are criminal charges, they are just that, talk.
Maybe it is good Jamie is back, maybe not.
In the end anyone, including myself who ever thought the end game was not total consolidation was pretty naive. My two cents is I don’t want to see it, although from being more efficient and reducing waste(multiple carriers going to customer each picking up or delivering one pallet) it is probably a necessary evil that we all must accept.
Stay tuned 20/20 I am sure we will see changes.
Joke!
 
Point is they brought "JAMIE" back for a major reason , with paying him a $500-K signing bonus & $500-K in stocks & put in the the B.O.D. & salary of $740-K !!! And give him credit he does know how to work the numbers with the banks , so 2020 could be a be year of $$$$$$$ changes ??
 
Point is they brought "JAMIE" back for a major reason , with paying him a $500-K signing bonus & $500-K in stocks & put in the the B.O.D. & salary of $740-K !!! And give him credit he does know how to work the numbers with the banks , so 2020 could be a be year of $$$$$$$ changes ??
Yeah partner. $ changes from YRCW pockets, to Jamie’s pockets....
 
Point is they brought "JAMIE" back for a major reason , with paying him a $500-K signing bonus & $500-K in stocks & put in the the B.O.D. & salary of $740-K !!! And give him credit he does know how to work the numbers with the banks , so 2020 could be a be year of $$$$$$$ changes ??
I'm going to guess he gets paid before all the other creditors when it goes off the cliff. If he can't get another MOU, then he'll siphon as much as he can before the spigot gets turned off. Maybe young mr Hawkins doesn't have the stomach to go back to the rank and file. Mr Pierson does. It's what he does. That's why he has credibility with the banks.
 
I'm going to guess he gets paid before all the other creditors when it goes off the cliff. If he can't get another MOU, then he'll siphon as much as he can before the spigot gets turned off. Maybe young mr Hawkins doesn't have the stomach to go back to the rank and file. Mr Pierson does. It's what he does. That's why he has credibility with the banks.
Wage freeze MOU for the life of the contract the sheep will vote YES bank on it! Then right after the MOU is passed we will show profits for the next 4yrs lol!
 
I'm going to guess he gets paid before all the other creditors when it goes off the cliff. If he can't get another MOU, then he'll siphon as much as he can before the spigot gets turned off. Maybe young mr Hawkins doesn't have the stomach to go back to the rank and file. Mr Pierson does. It's what he does. That's why he has credibility with the banks.

I'm going to guess he gets paid before all the other creditors when it goes off the cliff. If he can't get another MOU, then he'll siphon as much as he can before the spigot gets turned off.


I think you statement is real close to what will or might happen. No MOU? No concessions from the rakn & file? He will cut & run before the big crash. von.
 
YRCW KNOWS , that the sheep will always vote YES , sad but true :6788:

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I don't think they have a chance of getting a vote for any reduction or freezing of pay. They had better figure it out on their own, this contract.
They can get a wage freeze think about it all the newer people just got big raises going to top rate and senior guys the vacation as long as they keep the free health insurance.
 
They can get a wage freeze think about it all the newer people just got big raises going to top rate and senior guys the vacation as long as they keep the free health insurance.
How many new guys will be around with a complete merge?
Good way to buy contract votes.
 
How many Holland drivers don't like driving doubles and team driving? They won't like merging with YRC Freight many would leave.
Who is to say they would keep doubles?
Pups are reason for a lot of damaged freight.
PT would replace teams.
Meet and turn runs can eliminate teams.
You think Scott Ware was put where he is for nothing?
 
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