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@1uhd+1p8ehT7B do you really think the top ten investors by volume aren't able to bend ears or jump up and down?
M1 was ceo/chairman/president of the known universe and yet he got the boot.... who do you think kicked him out of the door?
If they want to they have a conference call and spell out what they want. Equally when anything big goes down the other way they all get a cosy chat to make sure they are all in agreement.
They are the actual owners of the company, the board and anyone else are not.
cannot see Mikey2 getting the boot in Q4 or ever due to lack of real oversight of him by the Board and anyway he's Chairman as well as President/CEO/everything-else so who will fire him - he'll leave when he feels like it
Meanwhile the results will continue to be awful, Mikey2 will continue to siphon tens of millions of $ in salary from the company and the $6B spent so far on share buyback will continue (even though the company is now only worth $4B) and there will be no more $10B buy out offers ...
I feel a sense of De Ja Vu here having worked for 2 other failing US-listed companies. The death spiral of over-complicated, out-of-touch execs, who say lots and do not a lot. Then the layoffs start with the masses and then the top people disappear. They are bought for a few bucks by a big competitor and it all starts again.
If DXC were a ship it would be call The Titanic, but you can bet Salvino will get on his life raft much before it sinks.
D: @1jta+1p8ehT7B - Good analysis, could see in Q1 a fire sale of profitable parts / parts that are worth something to our competitors, competitors buy the flesh from the dead Dodo and reduce the new waste like management that comes through the Sale process.
In all bad and good Scenarios SAL & Mary to make more $$
Q1 was a mess
Q2 going to be a dumpster fire and everyone knows it.
Q3 it will be WFR in time for Christmas but with even that making no difference. New CEO hunt will begin.
Q4 Salvino will be gone.
Then will start the new broom sweeping clean. More WFR, more "proven playbook", more lies, more fail.
The exciting half year reviews are in the cards and great opportunity for salary increases.
No Merit Again. Second year running
Your wrong , it’s 8+ years since most that exceed most of there goals got nothing
Caused by another analyst downgrade
https://au.investing.com/news/stock-market-news/dxc-technology-shares-tumble-following-wolfe-research-downgrade-432SI-3003593
and the quote from the downgrade "Modern Workplace and Cloud/ITO remain structurally challenged, in our view" so usual boat anchors the cause of the problem - strangely they didn't mention the world beating Platform-X coming to the rescue, but am sure they will realise their mistake and upgrade the rating again soon ...
Please wear dxc gear for the quarterly results declaration in the analysts call. they are on 25 per cent discount with free shipping.
No Merit Again. Second year running.