Wednesday, October 28, 2009

"Scrubbing Bubbles" of Sc Johnson "A Family Company"


Hey it's been 2 days since I've emailed Sc Johnson"A Family Company" but yet still no response.It's unbelievable how a huge household company brand leaves its customers unanswered, I'm not a CEO or a politician or anyone major in society but I'm pretty sure we all use the same amount of the SC Johnson products.And look at this 20% more ! Wow! 20% more or something that doesn't work means that your carrying home 20% more garbage that you just don't need.

Tuesday, October 27, 2009

The Pursuaders

From watching The Persuaders, the approach I believe Dry ships used most often in their corporate announcements and messages is " Giving Us What We Want".Basically since i did a lot of background relationship on Dry ships i know that they owe a tremendous amount of money to bank creditors out there. But a lot of people out there may not no much about their background/desperate financial situations.Most the time when i read the news/messages of the company they tend to always show more of the up side(positives)than down sides of the companies.Like they would have a announcement every 2 weeks or so about how the company is doing better than the previous year the same quarter but the are comparing it to a quarter where the recession just took place, so of course they are doing better now.For example it's like comparing a student with a @1.8 GPA telling his parents hes doing better than his friend that has a 1.3 GPA.Although he may be doing better than his friend but the GPA as a whole 1.9 out of 4.0 is still relatively non-passing. It's just ways companies verbalized their messages in to not lying about the truth just sort of more hidden of twisting the message to be more comfortable to the reader or listener.

Planning Reports And Proposals

It's almost 2 weeks since Dry Ships announced the released of its 3rd quarter and nine months earnings.Well, it's finally here, today they comfortably announced that they beat Wall street expectations, due to increasing business and raising of charters and shipping rates.After the prolong recession took placed they announced that dry bulk rates have become more stabilized.They announced most of their fleet(about 77%) will be done being fixed by the beginning of 2011.With all this information given out, tomorrow on the Oct 27,2009 they are holding a conference meeting to discuss all this information, and also what steps the company is taking to better the company and to help maximize their returns in profit.

Monday, October 26, 2009

SC Johson "A Family Company"


Hi, my name is Hugh Chan and I'm part of the group developing a case study on one of your current product lines"Scrubbing Bubbles".I'm applying your responses to prof. Evans to what I'm learning in class.As a semester project I have created a business blog, and now SC Johnson will take a major role in it.I'm pleased to hear your responses to prof.Evans because I'm looking forward to see what steps of service will a major company like SC Johnson take to create a satisfying resolution for it's consumers.

Current Status of Slide Presentation

So far I decided the purpose of the presentation and 4 slides that follows it.The purpose of the presentation is to seek current bank creditors of our company to work out a contract waiver for our company's loans. At the same time we are also seeking new investors to loan us money to move our company toward its future goals. I'm going to start off slide 1 with what the company is.Then followed by the overview of the company(slide 2),the board and management team of our company(slide 3) to our current fleet(slide 4).

Tuesday, October 20, 2009

Writing Business Messages


Today Dry ships Inc.(DRYS) announced that the old CFO George Economou will be replaced by new CFO(Chief Financial Officer) Ziad Nakhled joining them from international marine fuel logistics company Aegan Marine Petroleum Network Inc.(ANW.N).Dryships is now seeking ways to get tremendous debt issue waivers on old credit terms

Writing Business Messages

Today Dry ships Inc. (DRYS) announced its third quarter and nine months ended at September 30,2009 and the quarterly report will be posted on October 26,2009 after the market closes in New York.The following day on October27,2009 8:30am Easter Time Dry ships will hold a media and public conference to discuss the company's upcoming plans and new views for where to company is headed in the coming years also discussed in this meeting would be the company's financial results and company vessels shipping rates and expense changes.

Tuesday, October 6, 2009

Ups and Downs For strockholders of "DRYS"


Hey everyone,the chances are if you held stocks through last week you took a major hit with all the bad news that took place in the economy that caused the market to sink all week long.Oil fell under 70 dollars,unemployment raised,bad company news such as cit they may face near bankruptcy again,drop in housing sales,etc.Well if you had "DRYS" it fell about 1 dollar, but so far this week although with the "DOW" bouncing back up Monday and today of 100+ points the stock is already at $6.55 at 12:59pm discarding how financial analysts analysis it as a bad stock.With today's recession still going on China doesn't export as much as it used to, so the shipping industry is sort of overcrowded.Too many ships but not enough imports/exports to fill the ships up.i think that if "DRYS" can stay stable for about 2 years by then the economy should start to be back on its track.Global market will be back on its feet, and with DRYS as the head of the shipping industry its profit will skyrocket within the following years, so keep hope in your eyes.