and down another 1/2% aftermarket. Dow is up double digits in past three years while HON down nearly 9%. Ouch!
7 replies (most recent on top)
we can correct that 9% downturn. I see a layoff, RIF, or furlough in the near future. Then will probably go up 18%. Which would mean stock went up 9%.
When this happens. We will expect you to cover the load. Work Monday through Sunday. 12 hours a day. They love it here. Working every day and overtime. Turn these people on. They don’t even need raises. They just love their overtime.
Salary people. They might not get overtime. Yet! They want to get promoted. So they’ll just work all those extra hours. Their future shapers.
The Well is awful. That is all.
VK says the company is aligned with mega trends. So far its mostly been a shuffling of the cards in the pack (+ 1 major acquisition). What have I missed? I was expecting more changes - especially within IA. Surely VK has to do more to convince shareholders regarding the mega trend realignment? If he cant realise value soon then I agree he will be out the door.
Honeywell will be broken up within the next few years.
I don't think this president will last that long. Millionaires and billionaires are not seeing shareholder value.
The CEO is not delivering on his promises. The board of directors are not delivering on there promise.
I guarantee they're going to replace them all. With people who are not from Honeywell. Then the big shake begins.
You guys haven't seen nothing yet.
I feel that the poor performance of HON over the years since DA took control can be laid at the feet of DA. Also, JW had a significant contribution to the destruction of SPS, now IA. I'd like to see a clawback from those two. They both received millions upon millions from Honeywell and given their performance, they shouldn't be able to retire comfortably.
Stock price is based on cash flow and future earnings potential. Late investment in new products and no large government contracts pending do not bode well. Street recommends hold for dividend only, but even that will struggle as the only way to increase is to divest pieces. Most strings have already been pulled (asset sales, low cost region relocations). Employees and shareholders will feel the pinch unless a new product or contract can bail out the company. Look for another cut this year in everyone not tied to those.