Looking at the DXC share price. Fair to say it's seen better days, I'm losing money If I current withdraw, but I risk losing it all going the way we are. What's people thoughts? Can management fix this ? Currently sitting at a 30%-40% loss with the share incentive program, and risk losing more if I withdraw due to tax but would rather have something, id even gamble it at this rate.
15 replies (most recent on top)
In my opinion this may be the worst and most ill equipped management team in any professional services firm. Not a single one knows the business or has ever been in a similar role. Since the new CEO and his buddies arrived the stock has continued to tank. Good luck!!
I sold the shares when it was 96 dollars. I would not call myself an astute financial guy - just got out when it was sunny.
If you don't believe me, go back and check out the price history.
@fr you sound like you have been here for ages and part of the problem. Also you are wrong
Bring new CEO and start Layoff's. That's the only way to cut more and more and be lean and leaner.
Goal is, for every project terminated, terminate 110% of the staff. Full 100% project staff and 10% of Managers, HR, Sales.
@cb you must be one of Bovielle’s or Rul’s people brought in by them. Our gbs growth under their leadership was the worst in dxc’s history. We grew until they took over. Bovielle just yelled at us to fire people and was not involved in the details of executing. The new leader at least wants to grow vs cut costs only and get the revenue delivered that we have sold.
@OP Awesome insights. I will completely avoid DXC . Laid off in August 2024, I thought you were all doing good But CEO and Management are completely useless in all aspects
Hope 2025, DXC would be closed or bought by someone for a better correction in Staffing and Decisions
@bc ha! Boveille and his team were the ones making the hard decisions. Now you still have the same clowns who just "waited them out" and will go back to aspiring for mediocrity (at best). There is a reason why this place has had 3 CEOs in 8 or so years. The majority are incompetent and resist change like the plague.
@ba if it was based on my performance I would have more trust, I work my a-s off for this company and get feck all in return. Going to sell up and stick it in crypto short term. Will probably withdraw that at Christmas and then hit that crack den. Wish me luck🤞
@af yeah I sold up. Disappointed with the companies performance and have 0 trust they can turn it around.
@bc kudos to you by the way. I didn't believe you last year when you said GBS was deteriorating. The odd thing about being at bankruptcy valuation is if you just stop dying the price will rebound. A tall order for DXC maybe. But it's a different conversation vs 99% of all other companies.
The current valuation multiples are so low it assumes we will go bankrupt. Raul and the team he put in place drove the price down 30%+ to this level and it seems the market does not believe they have a strategy. We won’t go bankrupt. We have alot of cash and are generating cash flow. Raul’s guy Boville is now gone so hopefully all the destruction he and his team did to gbs can be improved. I dont think we can fix gbs back to what it was before boville. Our ces teams have gotten energy back after boville left. But as boville always told us, raul and the cfo picked and backed him, so that is concerning.
This is like going to crack house and asking if you should do crack. Everyone here is going to say no and you should sell. Im gonna get hate for this but I would wait to see the revenue performance from the latest book to bill. A few regions appear to be doing better under new management namely Iberia and Nordics. Remains to be seen if this will continue. I do think some of the sales initiatives have been a positive step. Better discipline with deal tracking, unified labor management program. Of course there's still a lot of issues namely ERP software and service delivery quality. But the company is still profitable and has quite a bit of cash so I would wait it's better than going to the roulette table and losing it all.
DXC will be $0 by the time most of the staff here are done with it. Never invest in the company you work for. It's too many eggs in one basket when it fails.
Sell the shares and put it against an index fund with global exposure, or high dividend yield.
Cut your losses now and put whatever you have elsewhere. We are still in a bull market and you can make up at least some of the loss. This stock price is going nowhere but down.