Stock market guys ?
#6300457
08/13/18 07:42 AM
08/13/18 07:42 AM
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Joined: Sep 2011
Posts: 813 lebanon mo,
waterwells
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lebanon mo,
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I have VF stock , the company is going to split . What does that mean for me ?
PTA life member 242 Dealer in Quality H2o
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Re: Stock market guys ?
[Re: waterwells]
#6300467
08/13/18 07:56 AM
08/13/18 07:56 AM
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Joined: Dec 2006
Posts: 7,189 Three Lakes,WI 72
corky
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You will have twice as many shares at half the value per share on a 2 for 1 split as an example. No real net effect from a split.
White beat me to it.
Last edited by corky; 08/13/18 07:57 AM. Reason: too slow
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Re: Stock market guys ?
[Re: white17]
#6300481
08/13/18 08:14 AM
08/13/18 08:14 AM
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Joined: Dec 2011
Posts: 10,416 MT
snowy
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It depends on the split ratio.
Let's say you own 500 shares of VF and they announce a 2 for 1 split. On the day the split is effective you will now have 1000 shares and the share price will be one half of what it was the day before.
It doesn't affect the value of your holdings at all. You simply have twice as many shares. It is believed that the lowered share price will allow more people to buy the shares thus increasing daily volume and possibly the share price also.
Often times, the stock price will run up a bit in the days or weeks prior to the actual split date. You don't have to do anything. Exactly
Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
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Re: Stock market guys ?
[Re: waterwells]
#6300490
08/13/18 08:22 AM
08/13/18 08:22 AM
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Joined: Sep 2011
Posts: 813 lebanon mo,
waterwells
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Thanks Guys .
Last edited by waterwells; 08/13/18 08:22 AM.
PTA life member 242 Dealer in Quality H2o
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Re: Stock market guys ?
[Re: waterwells]
#6300491
08/13/18 08:23 AM
08/13/18 08:23 AM
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Joined: Sep 2011
Posts: 813 lebanon mo,
waterwells
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Would it be wise to buy more Vf ?
PTA life member 242 Dealer in Quality H2o
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Re: Stock market guys ?
[Re: waterwells]
#6300513
08/13/18 08:51 AM
08/13/18 08:51 AM
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Joined: Mar 2007
Posts: 35,182 McGrath, AK
white17
"General (Mr.Sunshine) Washington"
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"General (Mr.Sunshine) Washington"
Joined: Mar 2007
Posts: 35,182
McGrath, AK
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Would it be wise to buy more Vf ? Only you can answer that one. Retail businesses are notoriously tricky because of all the variables affecting the economy in general. But even more than that....i would consider how fickle the fashion industry is. That is one reason they are spinning off the jeans segment of the company. It has not been performing well and is holding back the rest of the company. I will admit my bias against retail just for those exact reasons.
Mean As Nails
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Re: Stock market guys ?
[Re: waterwells]
#6300555
08/13/18 09:46 AM
08/13/18 09:46 AM
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Joined: Mar 2007
Posts: 35,182 McGrath, AK
white17
"General (Mr.Sunshine) Washington"
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"General (Mr.Sunshine) Washington"
Joined: Mar 2007
Posts: 35,182
McGrath, AK
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I was just reading an article in Barron's from Jan. 29,2018. Here is a line from that article and the link to it. It is a subscription site so you may not be able to open the link. Here's the line: "Some recent announcements from VF illustrate that effort. In November, for example, the company joined a group of companies that pledged not to offer products that used fur.https://www.barrons.com/articles/can-a-clearer-purpose-lift-vfs-brands-1517245719
Mean As Nails
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Re: Stock market guys ?
[Re: waterwells]
#6300637
08/13/18 12:07 PM
08/13/18 12:07 PM
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Joined: Jan 2008
Posts: 9,245 Alaska and Washington State
waggler
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Here's an interesting link to their fur free stance. Read down it a ways to see some of the companies that have taken the pledge; companies like Wrangler, Lee, Timberland, etc.. https://www.vfc.com/news/press-releases/...r-free-retailerWhen I meet these fur free people I like to ask them about leather. Most times they have no problem with leather. Then I point out to them that leather is the same as fur, but it just has the hair removed. Being anti fur is just a form of class-ism. Hypocrites.
Last edited by waggler; 08/13/18 12:09 PM.
"My life is better than your vacation"
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Re: Stock market guys ?
[Re: waterwells]
#6300676
08/13/18 12:59 PM
08/13/18 12:59 PM
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CGilliam
Unregistered
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CGilliam
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Trading at 52 week highs, and a dividend of less than 2%. No thanks. I'd sell, take the profits, put into a better choice.
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