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From woods of western NC

From woods of western NC
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  • Procter & Gamble (PG) makes its rumored restructuring official. As expected, the conglomerate will now sport 4 business units - Global Baby, Feminine, and Family Care; Global Beauty; Global Health & Grooming; and Global Fabric & Home Care. The heads of each unit will report to chairman/CEO A.G. Lafley, as will vice chairmen Dimitri Panayotopoulos and Werner Geissler, and North American chief Melanie Healey. [View news story]
    Looking back to the President firing before Lafley took over, the board showered a massive amount of money to the failed President and also added material perks worth an outstanding amount again. I sincerely wish they haven't already showered McDonald with money. He didn't earn it. I was hired out of college in 1953 - I own 2,815 PG shares...this "owner" objects to any give-aways granted by the board.
    Jun 5 10:02 PM | Likes Like |Link to Comment
  • Why Procter & Gamble Has Valuation Upside [View article]
    Comprehensive work producing excellent analysis addressing concerns. Certainly not a shill-piece in any fashion.
    Jul 17 01:54 PM | Likes Like |Link to Comment
  • Analyzing Accusations Against Procter & Gamble [View article]
    We have owned PG since the middle 60s.

    Our adjusted basis is $13.60.

    55 consecutive years of increased dividend.

    Everybody starts at the bottom - promotions from within.

    P&G has prevailed through price controls, inflation, economic declines, etc. They will do more than survive, they will again be at the top.

    Ed
    Jul 11 08:33 PM | 7 Likes Like |Link to Comment
  • Procter & Gamble - The Only Growth Is The Dividend [View article]
    There have been articles on PG that said the problems started shortly after the Gillette acquisition - but no factual causes listed or actions needed. Another writer told of the change in the administrative area where the talent (?) concentration was no longer doing their job on a daily basis - no discipline and adherence in productive work. Yet another bit of information came from the company saying that employees were spending substantial computer time on the internet taking away from daily work. This says there hasn't/isn't concentration directed to the every-day problems...a formula for slow but a steady decline. I think they need to spend and concentrate on their major customers in major markets (not only fishing where the fish are, but fishing where the fish are biting) and launch the sorely needed inquisition to dismiss those who are not producing quality results for which they are responsible. I am a former P&G employee.
    Jun 21 10:35 AM | 4 Likes Like |Link to Comment
  • Sanford Bernstein is out with a note on Procter & Gamble (PG -0.6%) suggesting that the company may need to break up to uncork additional value. Analyst Ali Dibadj sees the company's ability to increase its focus and accelerate sales with independent units as overriding the efficiency benefits of P&G as a stand-alone company.  [View news story]
    Seems to me that Mr. Dibadj never has been in the upper areas of major companies administration and being responsible for profit and loss.

    It also appears that he needed to put forth a "note". Why not make a little note have world-wide impact in a little note??

    I guess that's the way some people make a living.
    Jun 13 07:13 PM | Likes Like |Link to Comment
  • Procter & Gamble's (PG) plan to offer consumers small lightweight packets of detergent in place of powder or liquid versions hits a snag after doctors around the country report a growing number of poisoning cases related to the products. The issue appears to be that the brightly-colored packets of detergent are being mistaken by children for candy and ingested. [View news story]
    P&G has been unrelenting in trying measured quantities of detergent in different formats. Possibly they had test markets other than I had in the 1960s. Formats that I know of were 1) Solid disk about 2-inches in diameter, 2) dry detergent in gray packet. Neither went into national distribution. I was a Unit Manager in Jacksonville, Florida where a test market period was held for the gray packet.

    Distribution in the Jacksonville market reached 90% or higher in all commodity penetration. The product's failure came about rather quickly. Complete dissolving of the contents problems were cited as one of the problems.

    I also had a part (Lakeland, Florida for Publix Markets) of the last test market for Zest (Tampa-St. Pete market) that developed into overall national distribution. There had been several test markets for Zest that didn't pass muster. I was fortunate to have my bit of the successful product. I sold a car load of Zest upon the national introduction - P&G didn't have that much Zest to ship ; that got fixed in an eye-blink.

    P&G recently has gone to wide distribution without test marketing some of their new products - I don't know the results of any of these launches. It looks as if a test market might have revealed this glitch.
    May 25 01:41 PM | Likes Like |Link to Comment
  • Procter & Gamble: A Great Dividend Stock To Buy On Market Weaknesses [View article]
    So, for those waiting for a pull-back in P&G:

    On January 30th P&G gave up dollar and some small change...

    Might be a comfortable time to get on board - the increased dividend will be announced soon.

    Disclosure: I have owned P&G since June 6, 1983.
    Jan 30 07:28 PM | Likes Like |Link to Comment
  • Credit Suisse Picks 7 Gold Standard Dividend Stocks For 2012 [View article]
    Yet another one who describes the positive reasons to own the stock...he doesn't own any of these "gold standard" issues and doesn't plan to buy any of them in the next 72 hours. I hope he just sits there and watches all of them go up at least 20%.
    Jan 17 07:06 PM | Likes Like |Link to Comment
  • Finding Satisfaction With Your Investments [View article]
    All your companies are spelled correctly except one.

    When you find it you will remember the correct spelling
    and you wll not make the same error again.
    Jan 13 03:36 PM | 2 Likes Like |Link to Comment
  • Procter & Gamble: The Dream 'Buy It And Forget It' Dividend Stock [View article]
    "There is no better "buy it and forget it" than Procter & Gamble. Here's another person that doesn't own the stock and doesn't plan to buy any in the next few days after writing a somewhat deeply researched set of attributes just oozing with reasons to buy. Before closing his article, the writer of this type of material should be made to use three or four lines to describe what it takes for him to make a buy. I haven't written any article even though I have owned shares since 1954 (now 2800) without selling any. My money is where my mouth is, in this case.
    Dec 18 07:29 PM | 11 Likes Like |Link to Comment
  • PepsiCo: The Dividend Growth Machine [View article]
    It's good to see an author who believes in what he writes to the extent of having a position in the stock covered. Too often there are roses and soft music in the write-up and the joker then says he doesn't have a position and isn't planning to establish one in the next (enter time here). In that spirit, I have a position in PEP and representation in the kitchen too.
    Dec 2 01:20 PM | Likes Like |Link to Comment
  • 6 Stocks With 40-Plus Years Of Dividend Hikes [View article]
    Yea, please don't take on any of these dogs that have increased their dividend for 40-50 years.

    They'll struggle along without you.
    Nov 22 03:37 PM | Likes Like |Link to Comment
  • MMM: A Good Dividend Investment [View article]
    No mention of MMM's consecutive dividend increases...
    As mentioned above, a disjointed comparison with JNJ and Avery.

    Another writer who shows others buying but he's not.
    Nov 10 01:50 PM | 1 Like Like |Link to Comment
  • 4 Dividend Aristocrats to Consider [View article]
    LLY, who customarily increased their dividend in February for many years, did not increase the dividend this past February, or since. If they do not increase it by December 31 they will no longer be an Aristocrat.
    Sep 29 01:34 PM | 1 Like Like |Link to Comment
  • 6 Dividend Aristocrats to Consider [View article]
    Lilly customarily increased their dividend in the first quarter of the year.

    This year they didn't . Unless LLY increases their dividend in the last quarter they will lose their Aristocrat status. Probably they will have a one-cent or two-cent increase merely to remain in the Aristocrat listings. Hollow action at its best.

    Their agonies with failed molecules, failure to get additional usage for one established compound are further disappointments.

    Meanwhile, the stock price that has been static for a year or more, is now beginning to slowly deteriorate. The 5+% dividend will continue to escalate while the stock price sinks further.
    Aug 25 09:29 AM | 3 Likes Like |Link to Comment
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