10-24-2014, 11:21 AM
I hold UL. I also use a few of their products regularly; Hellmann's (Best) mayo, Suave personal care products, Dove soap, Lipton tea products, Bertolli cooking oils & Vaseline products. Then there's Ben & Jerry's, Breyers (can't tell my wife not to purchase this), Pond's cold cream, Tresomme & Axe personal care products, Knorr soup products and a bunch more.
Anyway, I checked in on the latest conference call on Seeking Alpha and it was a very interesting read. The CFO and James Allison, who was unidentified as to position, spoke frankly about the performance and challenges they face. It was refreshing to not have to wade through a recitation of the financial statements and a bunch of mumbo jumbo on how they were going to fix it.
I'm not going to go into the financials nor compare it with its competitors here. It holds its own with PG and CL and near the bottom of its 52-week range with a P/E that's not outrageous. I just wanted to point out what I like to hear about a company in its conference call. I can read the financials whenever I want. In the meantime, I'll keep slurping up that 3.8%ish yield.
Anyway, I checked in on the latest conference call on Seeking Alpha and it was a very interesting read. The CFO and James Allison, who was unidentified as to position, spoke frankly about the performance and challenges they face. It was refreshing to not have to wade through a recitation of the financial statements and a bunch of mumbo jumbo on how they were going to fix it.
I'm not going to go into the financials nor compare it with its competitors here. It holds its own with PG and CL and near the bottom of its 52-week range with a P/E that's not outrageous. I just wanted to point out what I like to hear about a company in its conference call. I can read the financials whenever I want. In the meantime, I'll keep slurping up that 3.8%ish yield.