gap down after the close and we are now heading toward 218, fail there and next stop is 215. and we havent even begun to report the true costs of the separation.
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8/7. -- tested 215 intraday twice and drifted up with no energy.
@jc if they continue the same portfolio management practices, not many businesses will stay. They decided to get rid of all businesses with OI problems or ones they can’t able to manage. Next layer is a little tricky, growth potential for these businesses are at market and do not fit automation strategy. Whatever left in IA is still a Moon Land
@hq 180
The stock is failing because it is pretty clear VK does not know how to grow the company ahead of the market. That simple. The financials for the last quarter were only mediocre on the top line, and a solid 'not good' on the bottom. All the so-called 'portfolio management' won't change the math.
8/1. — broke into 217 territories and drifted back up. There will be a lot of pressure to go test 215 now. Where is your stop?
@ab Errrr, what value exactly? Everything has been stripped to prop the stock price up. You are obviously are an outsider.
@ab Outside of Jaipur is Dumping Yard Kishangar also called the Moon Land of Rajasthan. Guessing this is “the moon” you speak of.. a wasteland in India.
The positive of conglomeration for E-suite was they could bury and obfuscate the numbers. Splitting the businesses means investors are entitled to more details that were once “non-material”.
Just wait for all that value to be unlocked. The stock will go to the moon.