With it tanking down at 12% a month and heading to $14 per share is it worth buying or do you give Raul a few more months and get in at $8 per share or less.
Is there something big going wrong or has Wall Street got Raul and the 2 gangs EXA, EXIBM totally wrong and they are going to stop this from collapse?
Bovine a month ago was saying the price was going to be $100 per share.
Does anybody know whats going on or has the milking finally going to end?
It was once a huge rusty Ship they were hoping to turn around, now it's just a liferaft full of sticking plasters with a warning "Keep away from water".
Constant churn of mgmt, spilts, sell-offs, buy-backs and huge losses tells me all I need to know.
Sold all my stock in 2021 and gald I did
Wonder if the new VPs are making use of Finchy like the old guys did under Mikey's playbook.
Its just money and fun in all ways at the top, gluttony of the highest level.
@1eua+1sL1y9bl its not day to day running, thats what Raul tells everyone it is. Wall Street see it different they have seen Raul report 2 quarters and his on his 3rd.
Pattern emerging, more new people at the top and middle paid big $$$$$$%, less at the bottom, company continues decline.
Situation getting worse, share price responding down. Need new ideas and push for growth not same old cuts, Raul is supposedly a growth CEO, nobody has seen him do that yet.
Stock price has nothing to do with day to day operations. It doesn’t really show how well a company is doing.
Hmm, stock price has crept below $15 for a while today. What a legacy these so called managers have created. They couldn't organize a festive event in a brewery!
Believe Wall Street has at last worked out the falsehood coming from DXC management.
You have 2 layers of Cronies.
The first layer installed by Salvino have been in post 5 years and have consistently failed, they got level 3s in their appraisals every year, the likes of Drumgoole and Finch actually got promoted for their failure.
Seems like this company is bent, they actually reward failure at the top, and Wall Street has finally recognized this.
Why would you even contemplate buying shares in this sh-t show!!
This company is going down the pan fast, it has no value, management have no clues, investers are selling their stock. The only way is down.
Please fill in your time sheets regularly and do your code of conduct trainings as well.
Wall St has worked out with yet another futile restructuring (restructuring the previous restructuring perhaps?) and the spend on layoffs, there is no more free cash flow this year for yet more pointless share buybacks as well. Hardly surprising given that $6B+ has been spent to date on buybacks to leave DXC with a market cap of ... $2.7B. So not the best way to spend the free cash! Almost as pointless and wasted as the annual exec bonus payments (those we can safely assume will continue). So the share price will keep on going down for quite some time yet.