Please come talk to me. I’ve read your assessment and you were spot on. Amazing that someone from the outside could be that accurate of the needs of a company revitalizing. #1 opportunity was franchise and you were 💯% correct and to settle for anything else is a true loss. Didn’t think it was in your nature to lose! It’s not too late. Huge investment on the line, I would ether pull out or get what you came for$$$$$.
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@ne and now a class action lawsuit in the other hand. 4 ba--s in the air. PepsiCo said they would fight in court when everyone knows they always settle. That’s what you do when you’re guilty and want to minimize the liability. PepsiCo’s kriptonite, liability. Which ball falls now, they can’t kept 2 ba--s in the air much less 4.
@c9 you’re assuming you know their cost basis
Elliot in one hand, Reorg in the other, and FTC in. Wait a minute running out of hands, now we have to juggle without dropping a ball. OOPS. Which one fell?
Brother is writing message to an activist investment group on a layoff forum. Can’t believe I work with people like this LMFAO. Giving Dear, Santa vibes.
@es Elliot must force refranchising. That is the only way out to seperate PBG. Frito way only mentality sc--wed everything thing. My way or no way. Buying useless brands like poopi... And others who h have not gained anything yet Ramon gets his way to squander. Elliot must ask for Ramon ram and Athina to resign. The board pushed Indra out and we got further mo--ns as replacement, it is time for Elliot to ask for them... They are the real reason for this mess.
Stock hasn’t moved in 5 years. That’s what drew Elliot’s attention. They were correct in looking into PepsiCo. It’s a huge opportunity to move a company to profitability. The only problem is PepsiCo showed Elliot what they could do with layoffs. Maybe Elliot doesn’t know this has been PepsiCo’s MO for a decade and a half. Is changes nothing, same stuff different day. For big results you need big changes not just another run of the mill Reorg. Elliot your plan was solid, based on someone has been on both sides, franchise and corporate. You can get your pay out if you stick to your plan. If not you’re just another disappointmented share holder. Dividends are not going to appease your investment group
This likely not over. Stock hasn't moved since Elliott got in, so they haven't made any money yet
If these changes don't do much. Then re franchise probably will happen.
Management already started surrendering just couple months in. More coming
@a4 it was Indra who would repeatedly refute rumors of a PepsiCo buyout of PBG by saying (sic):
“Bottlers know the bottling end and distribution business …. While PCNA knows R&D / Brand building and concentrate side … we’re better when we each stick to what we do best. “
@a8 💯% should have cleaned house and got a seat on the board. 4 billion, can’t believe they abandoned the main objective. Weak
@a6 huge missed opportunity. He should have forced the board to throw out Ramon and Athina.
Elliot, you’re no wolf of Wall Street. Huge missed opportunity.
I’ve been both corporate and franchise, and we were way better as a franchise. Seems to work much better for our competitor as well. If Indra wasn’t so hard headed she would and should have done years ago. We would be in a better position to be competitive and operationally superior