Posted by: traax November 15, 2018
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YRCW updates --
1. 5 barsa agadi company ra union members (drivers) bich ma vako agreement aba March 2019 ma end hudai xa. 5 years agadi...union members harlae salary cut (15%) garera deal aceept gareko raixan....union member haru 'bitter' xan....so yo march ma....union members harulae dherai kura haru maglan.....
2. .so, stock most likely will stay around this price until Jan/Feb or go even lower....because of the uncertainity about what will happen between the company and the union in coming months....
3. company lae bankruptcy file garxu vanera dhamki diyeko raixa 5 years agadi..union members harlai....bankrupcy file gareko vayae...30 thousand YRC ko drivers haruko be-haal huni daar lae...uni harulae tetti khera deal accept garae xan...
4. ahilae trucking market ekdam ramro vakolae...union members harlae ajahai dhera kura haru maglan.....union members lae jasti ramro deal pouxa..shareholders harulae tirnu parni vako hunalae...share price ma asar parla...
5. Yrw lae union members lai...free health insurance diyeko raixa...which is better than many IT jobs...IT jobs ma free health insurance dinna kyarae....
Ani trukers haruko yesto dherai necessity raixa ahilae market ma....yaha sajha ma....job payena vanni harulae.....CDL driving course (Free ma)....liyera trucking industry ma xirae pani huni raixa (punjabi harlae testai garxan kyarae)...aniway...just update matrai ho....i've sold my shares for few cents gain...as i don't like to deal with uncertain stocks....this stock may go towards 7 as well as $5...in the coming days...i don't know...tara...
valuation wise...stock has market cap of 200 million dollars while their revenue is around 5 billion a year...that's huge revenue ...but they also have almost a billion in debt and they pay 100 million a year in interest and principle on those debts...plus...trucking industry is cyclical...so good days may not remain for trucking industry for very long time...especially with tarriffs etc that may have impact...who knows..for all this reason...i'm on the sideline for now.....paper trading matrai ho...just for fun
1. 5 barsa agadi company ra union members (drivers) bich ma vako agreement aba March 2019 ma end hudai xa. 5 years agadi...union members harlae salary cut (15%) garera deal aceept gareko raixan....union member haru 'bitter' xan....so yo march ma....union members harulae dherai kura haru maglan.....
2. .so, stock most likely will stay around this price until Jan/Feb or go even lower....because of the uncertainity about what will happen between the company and the union in coming months....
3. company lae bankruptcy file garxu vanera dhamki diyeko raixa 5 years agadi..union members harlai....bankrupcy file gareko vayae...30 thousand YRC ko drivers haruko be-haal huni daar lae...uni harulae tetti khera deal accept garae xan...
4. ahilae trucking market ekdam ramro vakolae...union members harlae ajahai dhera kura haru maglan.....union members lae jasti ramro deal pouxa..shareholders harulae tirnu parni vako hunalae...share price ma asar parla...
5. Yrw lae union members lai...free health insurance diyeko raixa...which is better than many IT jobs...IT jobs ma free health insurance dinna kyarae....
Ani trukers haruko yesto dherai necessity raixa ahilae market ma....yaha sajha ma....job payena vanni harulae.....CDL driving course (Free ma)....liyera trucking industry ma xirae pani huni raixa (punjabi harlae testai garxan kyarae)...aniway...just update matrai ho....i've sold my shares for few cents gain...as i don't like to deal with uncertain stocks....this stock may go towards 7 as well as $5...in the coming days...i don't know...tara...
valuation wise...stock has market cap of 200 million dollars while their revenue is around 5 billion a year...that's huge revenue ...but they also have almost a billion in debt and they pay 100 million a year in interest and principle on those debts...plus...trucking industry is cyclical...so good days may not remain for trucking industry for very long time...especially with tarriffs etc that may have impact...who knows..for all this reason...i'm on the sideline for now.....paper trading matrai ho...just for fun