Seeking Alpha
  • Albert Alfonso
    $PBI moves up today due to an asset sale, that stock is so undervalued, lots of FCF in that company
    3/4/13
    Reply (7)
    • DaLatin: Big's # 1 for 2013.. In at 11 ~ 12.50s... Still over 11% yield. My textbook stock. Improving fundies an 11% yield. How can you miss ?
      3/4/13
    • Albert Alfonso: The new CEO might cut the dividend during the investor day in May. He may want some cash flow to try to get revenue growth started again.
      3/4/13
    • DaLatin: I don't think so.They beat & have ample $s for the dividend.PBI has a 30 year history.Also,you mention asset sale.They have much 2 shed 4 $s
      3/4/13
    • DaLatin: AA, have any doubts about the realness of the 6 PE ? Seems they rake in cash.&, their new ventures are starting to bear fruit.+ new CEO aok
      3/4/13
    • DaLatin: I think new CEO cares about shareholders. How many 13 buck stock makes 2+ dollars/share.. & it's growing.. That's MHO
      3/4/13
    • Albert Alfonso: I said "might". :) PBI has the FCF and earnings to cover the dividend, however there is a chance that the new CEO might want to change the..
      3/4/13
    • Albert Alfonso: dividend policy. He is an IBM guy, and he may want a "clean slate".
      3/4/13