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  #11  
Old 11-15-2012, 04:45 PM
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Ric Ric is offline
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Skipster

A decrease of 32 million in sales this year sure doesn't increase GOOD WILL. Company value is placed on Income potential. A failing or steady Income
decrease because of poor sales and lack of repeat customers sure puts a hurt on GOOD WILL. I would say the accountant know what they are doing. I am sure they track and have charts that don't appear on the public P&L
report.

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  #12  
Old 11-15-2012, 05:42 PM
Skipster Skipster is offline
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Quote:
Originally Posted by Ric View Post
Skipster

A decrease of 32 million in sales this year sure doesn't increase GOOD WILL. Company value is placed on Income potential. A failing or steady Income
decrease because of poor sales and lack of repeat customers sure puts a hurt on GOOD WILL. I would say the accountant know what they are doing. I am sure they track and have charts that don't appear on the public P&L
report.

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I didn't say that the charge wasn't warranted. But, guys on this board were acting like they were out of money. I didn't get that from the documents online. What I saw was that they were still bringing in more money than they spent, but they were bringing in a LOT less than they wanted to.

But, maybe I'm reading it wrong.
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  #13  
Old 11-15-2012, 07:18 PM
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Quote:
Originally Posted by Skipster View Post
I didn't say that the charge wasn't warranted. But, guys on this board were acting like they were out of money. I didn't get that from the documents online. What I saw was that they were still bringing in more money than they spent, but they were bringing in a LOT less than they wanted to.

But, maybe I'm reading it wrong.
Post a link so we can see what you are seeing. I am sure some one on this board will be able to decipher it.


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"TG doesn't give a rats ass about being "Responsible" as long as sales/production quotas are met. That's it in a nutshell. A recipe for disaster IMO." Ted Putnam 2/28/14

You can lead a Donkey to water but you can't make the Jackass Drink

"As Americans you have the right to be stupid." John Kerry

"Life is tough, but it's tougher when you're stupid.” John Wayne.
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  #14  
Old 11-15-2012, 09:19 PM
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Here are a few sentences of data.
http://markets.financialcontent.com/...liminary_Third

Perhaps this "reputation damage" is a tax dodge to reduce their profit and use it to carry forward a loss to reduce future taxes.
Notice their sales revenue was only down 3.2 percent.
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  #15  
Old 11-15-2012, 09:37 PM
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Here are a few sentences of data.
http://markets.financialcontent.com/...liminary_Third

Perhaps this "goodwill and trade name impairment" is a tax dodge to reduce their profit and use it to carry forward a loss to reduce future taxes.
Notice their sales revenue was only down 3.2 percent.

They had a customer retention loss of about 14 percent. I looked at their data supplied with their Investor relations conference call of Nov 14.

http://phx.corporate-ir.net/phoenix....ventID=4865864


Whoops duplicated part of above message.

Last edited by RigglePLC; 11-15-2012 at 09:39 PM. Reason: added
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  #16  
Old 11-16-2012, 09:57 PM
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The one thing tgcl has is high paid lobbyists without them we would be doing something elae
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  #17  
Old 11-16-2012, 09:58 PM
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Else
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  #18  
Old 11-17-2012, 04:21 AM
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They are also the reason why the EPA, then DOA in some states gets their knickers in a wad about lawn applications. C'mon, spraying when it is windy, spraying when it it is about to flood, excessive applications, and making applications that have a high risk of causing off target effects. If TGCL operated in my state, I can almost guarantee the DOA scrutinizing everyone who makes lawn and landscape applications right after running them out of town.
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Old 11-27-2012, 06:23 PM
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More trouble for Trugreen

http://pennrecord.com/news/class-act...ay-violations/
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  #20  
Old 11-27-2012, 06:28 PM
greendoctor greendoctor is online now
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One more way for them to get in trouble. Violation of the existing state labor laws. Only way for them to get around that is their employees would all have to be considered management on salary.
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