Herman Miller Inc. (MLHR)

All Comments on MLHR

  • commenter
    Sep 20 06:58 AM
    Wall Street Breakfast: Must-Know News [view article]
    I have a few naked puts on....NEM,,,HL...GOLD MINING STOCKS and will be put to, but I love it. What a dilemma to be in,,,,having to sell me gold stocks and watching it rise over $80 in one day. Having to buy Newmont Mining at 45 and then watch go back up to over $1,000 per oz will really be fun to watch, as who is protecting the almighty dollar? Reply
  • commenter
    Sep 19 02:07 AM
    Wall Street Breakfast: Must-Know News [view article]
    HOMEbuilding includes apartments and condos.Around here they are filled/bought as fast as they are built,and they are going up ALL OVER the place around here. Reply
  • Wall Street Breakfast: Must-Know News [view article]
    Why are we building any houses? This bubble shouldn't work itself out until the number of people who can afford a house grows to fill the inventory. Perhaps there is some migration from one region to another, but that's it. Reply
  • commenter
    Sep 18 10:52 AM
    Wall Street Breakfast: Must-Know News [view article]
    sorry i meant since oct 08 Reply
  • commenter
    Sep 18 10:51 AM
    Wall Street Breakfast: Must-Know News [view article]
    can someone tell me how the central banks havepumped int o the markets since oct 07. i mean total of usa,europe japan china etc.
    thanks
    Reply
  • commenter
    Sep 18 09:36 AM
    Wall Street Breakfast: Must-Know News [view article]
    Ditto. Yesterday I suggested buying gold and my long calls grew fat.

    And I repeat, the domino effect in the financials has just begun. With over 1,000 trillion dollars of derivatives around the world, some of which have sold for 25 centys on the dollar, the losses reported so far are the bare tip of the iceberg.

    And with central banks pouring in additional liquidity the problem cannot be fixed. Heck, the problem grew because of excess liquidity. Too much money chasing questionable derivative "investments"...

    And yet again, the World Bank studied all global financial crises over a 30 year period - over 100 incidents. They concluded that in every case the crisis was prolonged and deepened prportionately to the amount of money the country threw at the problem to try to fix it. Anyone who expects this crisis to work out differently might try the view sans the rose colored glasses.

    What Paulson and Bernanke are doing is pouring gasoline on the fire. This is, pure and simple, corporate welfare, financial socialism."Free&q... market economy my youknowwhat. This will end badly. Worse than if the meddlers in DC had stayed out of the fray.

    Ultimately, credit default swaps must be outlawed. The only reason companies would buy such opaque "investments"... as there are in the heap of dubious derivatives, is because somebody would insure them. Markets need to go back to "caveat emptor" where buyers do their due diligence to determine the true worth of something before they "invest" billions of shareholder or investor dollars in it.
    Reply
  • commenter
    Sep 18 09:10 AM
    Wall Street Breakfast: Must-Know News [view article]
    FuzzyPop,

    You're absolutely right - that was an oversight. I've added it in.
    Reply
  • commenter
    Sep 18 08:54 AM
    Wall Street Breakfast: Must-Know News [view article]
    Eli, no comment about Gold or GLD after the rocket ship took off? Reply
  • commenter
    Sep 04 10:15 AM
    Herman Miller: How Profits and Sustainability Parallel [view article]
    Certainly Herman Miller has focused on the environment as a key strategy in developing their brand. But it's fascinating to me how they have been able to do it without real environmental results that rival their competitors. On the other hand, Steelcase seems to be doing the most tangibly but getting the least play in the media. According to McDonough and Braungart, Steelcase has more Cradle-to-Cradle certified products than any company. Not just any office furniture company ... any company! They also just put together a website - www.beagreengiant.com - that finally sums up their total sustainability commitment. It's an interesting angle. Seems to support their more humble approach, but is actually backed up with some meaty content.
    Should be interesting to see where this goes in the near future. Word is Steelcase is committed to not just making all of their new products "green" but they're going back to all of their existing products. I think that would make them the ONLY major office furniture company where a designer could spec "green" from any of their product lines.
    Reply
  • commenter
    Jun 27 12:23 PM
    My Website
    Wall Street Breakfast: Must-Know News [view article]
    Is this quote from LEN management a ray of hope on the horizon?

    "...aggregate levels of impairment and losses are more the nature of clean up rather than reconciliation to unknown market conditions. We have done the heavy lifting on impairment and are now situated with stated assets that can and will produce improving margins when the rate of declining market pricing subsides. We are very confident that even with continued degradation of market conditions our stated asset base will not suffer nearly the levels of impairment we saw in 2007."

    Reply
  • commenter
    Jun 26 09:33 AM
    My Website
    Wall Street Breakfast: Must-Know News [view article]
    This excellent report, being more concise, is getting better. Still, I would offer a minor suggestion. Lead off with world market, then follow with pre-mkt earnings report, then company writeups. Reply
  • commenter
    May 27 04:09 PM
    My Website
    Herman Miller: Office Outperformance [view article]
    I couldn't agree with you more. This stock is grossly undervalued. You are the only person, besides myself, it seems to recognize this stocks value publicly. I think it is a decent recommendation away from blowing up. Reply
  • commenter
    SeekingAlpha
    Editors
    Apr 06 05:20 AM
    My Website
    General Discussion on MLHR
    Is this a buy or a sell? Reply
  • commenter
    Apr 03 09:05 AM
    Herman Miller: Office Outperformance [view article]
    Enter your comment hereSince some many people here worship Buffett and follow his picks:

    Kraft [KFT] looks nowhere near as good as Herman Miller if you go back to their data from 2002 to 2007.

    Year..................... Net Profit
    2002................$2... billion
    2003................$2... billion
    2004................$1... billion
    2005................$1... billion
    2006................$1... billion
    2007................$1... billion

    Share count dropped about 10.6% over that period or per share numbers would have been worse.

    Did Buffett shy away from a company that you would have berated for "lack of growth"?


    Herman Miller [MLHR]

    Year..................... Net Profit
    2002...............-$0... 4.5 million
    2003................$0... million
    2004................$0... million
    2005................$0... million
    2006................$1... million
    2007................$1... million

    Which looks better to you as a growth story based on the above figures.

    FY 2008 estimate [ends May 31] is for $2.46/share.
    Reply
  • commenter
    Dec 20 09:00 AM
    Earnings Preview: Four Companies That Could Surprise [view article]
    MLHR blows away estimate and looks positive again forward Reply