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Thread: Goya CEO censured

  1. #46 | Top
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    Quote Originally Posted by Bull&Terrier View Post
    Wait, I can tell my employees to never speak on politics, ever? wierd.
    It seems you don't understand that the press is not EVERYONE you come into contact with. Weird that you would be that confused about people in general.
    "We are all born ignorant, but one must work hard to remain stupid."

    "Any fool can criticize, condemn and complain - and most fools do."

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    Quote Originally Posted by Phantasmal View Post
    No, I don’t, what happened to Sport’s Authority?



    couple things.


    Amazon undercutting them by selling same items at a loss #1
    bronoco's stadium naming rights #2
    failure to adapt to consumer desires #3

  3. #48 | Top
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    Quote Originally Posted by Bull&Terrier View Post
    invested 80 mil in a new plant. seems demand is way up.
    $80 million is not that much for a huge company like Goya. It is a bit less than 1% of the value of the company. A normal company would be reinvesting more than 1% of the value of their company.

    And I am sure they are. I am sure they are building new plants on a regular basis, if not to grow, then just to stay steady.

    And they are probably a reasonable investment if you want to buy their bonds. But they are not as good as an investment as some believe. And therein lies the problem. Unanue made untruthful statements that will drive down the cost of raising capital for Goya. That starts meeting the textbook definition of fraud.

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    Quote Originally Posted by Walt View Post
    $80 million is not that much for a huge company like Goya. It is a bit less than 1% of the value of the company. A normal company would be reinvesting more than 1% of the value of their company.

    And I am sure they are. I am sure they are building new plants on a regular basis, if not to grow, then just to stay steady.

    And they are probably a reasonable investment if you want to buy their bonds. But they are not as good as an investment as some believe. And therein lies the problem. Unanue made untruthful statements that will drive down the cost of raising capital for Goya. That starts meeting the textbook definition of fraud.



    when was the last plant built then?


    That seems important to your point.


    demand is up, sales are up, you cannot deny this.

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    Quote Originally Posted by Matt Dillon View Post
    They went bankrupt by embracing SJW policies.
    Really? Do you have proof it was due to that, because Dick’s Sporting Goods is doing great!!

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    Quote Originally Posted by Matt Dillon View Post
    They went bankrupt by embracing SJW policies.
    The fourth-largest U.S. sporting goods chain is headed for bankruptcy, a reversal of fortune analysts blame on Sports Authority's staggering debt and the retailer's failure to adapt to changing consumer tastes. ... Failure to pay by Valentine's Day would trigger a default on its $343 million of subordinated debt.Feb 11, 2016

    The Denver Post › 2016/02/11

    Why Sports Authority is headed for bankruptcy – The Denver Post






  7. #52 | Top
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    Quote Originally Posted by Phantasmal View Post
    Really? Do you have proof it was due to that, because Dick’s Sporting Goods is doing great!!
    I have to agree there. Wonder how long that will last.

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