Doing it our way now: the approach this company pioneered is becoming the market's way
The model's full reasoning — Q2 2018 call → NOWe need to determine if management describes that their way of doing things is being adopted, copied, or moved toward by others in the market, and that management treats this as validation. Scan the transcript for relevant statements. Leroy Ball mentions in RUPS: "there has been substantial interest from the rail industry in our commitment to providing a more sustainable solution for their used tie disposal through our MA Energy acquisition. But today we've had discussions with a number of railroads about how we could help them improve their sustainability profound a dramatic way through the responsible disposal of their treated tie waste. It is proof of our commitment to living our mission of trying to solve our customer's most important challenges and I believe that we'll start to realize great success as we get more opportunity to explain our end-to-end sustainable supply solution to our customer base." This is about interest from railroads in their solution, but it's not about others adopting or copying their approach. It's about customers being interested in their service. Not about competitors following. Also in PC: "Our major box store has recently made the decision to convert their ground contact treated wood program from a soluble copper based product to our patented technology microprobe [ph]." That is a customer adopting their technology, not others copying. It's about a customer choosing their product, not about the market following their lead. No mention of competitors or others adopting their methods. No mention of industry standards converging on their design. No mention of new entrants modeling themselves on the company. Thus answer NO.
| Ticker | Company | Call | Date | Call grade |
|---|---|---|---|---|
| AES | The AES Corporation | Q1 2024 | 2024-05-03 | C+ |
| GGR | Gogoro Inc. | Q1 2023 | 2023-05-11 | D |
| TGT | Target Corporation | Q4 2022 | 2023-02-28 | C |
| ORAN | Orange SA | Q2 2018 | 2018-07-26 | B |
| USFD | US Foods Holding Corp. | Q1 2018 | 2018-05-12 | C |
| SHOO | Steven Madden, Ltd. | Q1 2017 | 2017-04-21 | C |
AES · Q1 2024 → YESThe question is: Does management describe that the WAY THIS COMPANY DOES THINGS is NOW BEING ADOPTED, COPIED, OR MOVED TOWARD BY OTHERS IN ITS MARKET, so that the company's own way of doing things is ...
GGR · Q1 2023 → YESThe question is: Does management describe that the way this company does things is now being adopted, copied, or moved toward by others in its market?
TGT · Q4 2022 → YESThe question is: Does management describe that the way this company does things is now being adopted, copied, or moved toward by others in its market?