Google has created it's own natural resource. Harvesting is year round. The fields yielding Google crops are worked and created by others. The fruits of which Google sells are limitless in some sense. No other product is able to outperform the product that Google sells.
Google has no debt. They have made themselves the most essential company to business that exists on Earth.
If you need buyers Google can send you some any time you want. They have them, they will keep getting them. They know who is ready to buy and what they want.
Who could think of a more marvolous company to own than Google?
However when it comes to owning Google stock, I argue that they are the best company but the worst company to be a share holder of. I say this becuase they simply show zero appreciation and zero respect to their share holders.
Google, in my opinion, is the worst stock that money can buy.
They are a disrespectful corporation in the way that they treat their owners. They give zero rights to the very people that own Google. Shareholders traditionally have the right as share holders or owners to vote on the members of the board. They can fire and replace board members as they see fit. This is how shareholders are able to protect their interests. Google however does not let the very owners of Google vote.
Nor has Google ever paid one penny to any share holder via a dividend. Perhaps one of the most profitable companies in the world. Google is debt free. Google dilutes share holders stake in the company by compensating their employee's with generous stock options. They will go to great lengths to not pay cash. They don't care about their share holders.
To give some perspective publicly traded corporations will pay dividends after reaching a reliable level of profitability and getting control of their debt. A high dividend is 60% - 80% of the profits. The profits as one may assume, is the owners reward for buying into a company with no rights to a dime if the company is unable to become profitable. Bond holders and creditors are at least entitled to what ever is left of a company that goes under. Share holders or owners have only their faith and belief in the company as collateral. But they are rewarded in the end by the dividend of the company once it is mature and profitable. Unless your stock has the ticker (goog).
Microsoft pays about 20% - 30% of their earnings out to their owners.
Why someone would buy stock in a company that has zero accountability to their share holders is beyond me. Further, why you would buy stock in a company that has zero intention of paying out any profits. Why would you buy into a company that has every intention of diluting your stake by paying employees in stock.
They are worst then Enron in my opinion....
- Zero Transparency
- Zero Explanation
- Zero dividend
- Zero Voting Rights
- Zero Support to the Victims of Google Dark
- Zero accountability
Why???? I have no idea. I just don't understand. I would love to know.
Anybody?
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