so why is NS stock so much higher than CSX when both have a PE around 18 times evaluation? i don’t get it. my guess is investors greed and when we are done paying dividends to the NS machine the house of cards will fall. my guess is around $215. PE 21 thoughts anyone?
9 replies (most recent on top)
Csx is already at where Ns is headed . They are starting their recovery . We are still headed up. The hammer will fall eventually . This isn’t a viable way to run a transportation company long term .
Sold all I had at $203 a share in April, I don’t support the way either company is ran and if you do, I’m sure they have plenty of OST openings.
news flash! you don’t care about them either. how was this realization of any use to post?
They don’t care about you or me,they only care about themselves. I can just imagine the names that the shareholders call us for having the dirt grime and grease from their locomotives clinging all over us
its not the same company I started with 15 years ago
"Hope it crashes soon so we can get rid of the corporate hedge fund controlling NS and get back to railroading."
This is the truest post ever posted on this site!!!
shares i get NS 286 shares and CSX 792 shares so a 1/4 split CSX 198 shares =$289.44 and
NS 143 shares 1/2 split =$388.26 roughly right?
Because Norfolk southern outstanding shares are 1/3 of what CSX’s are. Also, CSX has split their stock 4 times, whereas we only split ours twice. Essentially, more people own their stock and their trading volume is also higher. Don’t think we’ll be done paying dividends anytime soon. Only big companies like Amazon who basically believe they are guaranteed to profit do not pay dividends.
Hope it crashes soon so we can get rid of the corporate hedge fund controlling NS and get back to railroading.