What going on???? Someone knows something....
26 replies (most recent on top)
Could end up below $13 today. Lets see what Fernandez and del bene pasta say later.
One thing for sure we will see no growth and thats the same for the last 8 YEARS!!!@@
The stock is marked as a strong sell today. The company think a loss but not as much loss as last time is a win. I think this is where they are going wrong.
"Take a look at their latest earnings slideshow. It's one driest and plainest I've seen, almost exclusively showing numbers but nothing to illustrate strategy or ongoing projects. It's unusual to see that. Even turnaround candidates make an attempt to illustrate this to shareholders."
Its down 30% in the last year, thats phenomenal failure. 2 years left and the company is finished at this rate.
Well done F.
Share price crashes again today, Is Rowhoole in for a tricky time tomorrow? Or will the Analyst roll over as usual.
This is before the results are announced, wonder if news has been leaked.
: @w6+1jzx0z2hy yeah yeah you reckon Zaks research is rubbish, but what about the market which has reduced the share price significantly since Rawul took over.
The market has no confidence in Rawul and the bunch of Ibumers his brought in on inflated pay.
The market has made it clear that whatever sit Rawul and co waffle they cant deliver any growth, easy to see in the results every quarter.
@ve Zacks is AI generated slop 🤦♂️
The quote about DXC's decline and struggle is from a recent Zacks article. Really what the people in this board have been saying for a long time. Analysts finally admitting it - https://www.nasdaq.com/articles/bear-day-dxc-technology-dxc
@qy what publication was this from as it captures everything we workers have been saying for years?
I think EVERYONE knows how incredibly incompetent the new leadership team is. lol.
The ceo, CRO, and the rest who are there now literally have zero experience and it shows. They are paying themselves way over market while using the company as their own personal piggy bank. Criminal!
What a great summary:
Given its declining fundamentals, weakening technical setup, and continued negative analyst sentiment, DXC remains a high-risk name with limited near-term upside. Until the company proves it can stabilize revenue and execute its transformation strategy more effectively, investors are likely better off staying on the sidelines
Remember, stock buy backs reduce outstanding share and gives remaining outstanding shares a higher value per share. So buybacks increase shareholder value even though stock price is lower. It’s a way they cool the books and reward shareholders and executives while sc--wing the employees. Analysts and others just want to believe it’s going to pop as some point and if it does they can make a fortune. It has to right? Everything looks so good on paper. It has to turn around at some point or get acquired. No matter what happens the select few will end up on top. Very little incentive to actually run the business properly.
@fd+1jzx0z2hy Are we saying Rowhul is responsible for a 59% decline in the share price since his taken over, thats in less than 2 years.
Thats phenomenal growth ha ha, but then they dont know the meaning of growth.
If his ki-ling off the share price at this rate, there wont be a share price or company left after 18 more months.
Wonder how he will bolshit his way out of the next investor call.
@f2 I'm no cheerleader for this clown show but you aren't quite correct... 92.56% of the shares are owned by 609 institutions. The largest holder is black rock.
That's possibly down percentage wise a bit but it's definitely not a mass exodus (yet)
DXC closing price on December 15, 2023 (the last trading day before Rahul named CEO): $24.72
Stock down 58.7% since that date.
The largest institutional shareholders from that date have been exiting with massive sales starting this calendar year, pushing the stock down. We don’t have new institutional interest to own the stock.
The good thing about pay stagnation is that over the years the government has put statutory redundancy caps up and up. It now makes pretty much no difference to what I'll get when they go bust whether DXC pays it or the government. Bring it on...
They announced the Q1 earnings call at the end of the month. The stock is always a roller coaster - goes down before earnings when analysts see that the guidance from last quarter was, well wrong. Goes up after earnings announcements, when the executives spin how great it's been, and how great it's going to be. Just repeat the cycle, and buy some more stock back instead of rewarding employees for keeping it afloat for another quarter.
Trump and his ridiculous tariffs.
Oh and the fact that DXC is crumbling from inside!
Expect another Rahul email on Monday...
Please fill in your time sheets in all the four time systems we have. AI infused platform X-X is used to consolidate and arrive at labour demands.
It's quite literally the most hated stock on the NYSE. That said TCS reported slower bookings in project based work and DXC just fired it's GBS lead. Markets are putting 2&2 together and realize that GBS is going to have a meh quarter.
so with a market cap at $2.6B how smart were the execs to twice turn down $10B buyout offers - really justified those ridiculous bonuses. $6B on share buybacks over the years to have a company worth $2.6B.
Rahul been in post nearly 2 years, Drummy 5 years+, Cammy Art ful dodger over a year, Karv her Marketing over a year, and others.
They make big promises but deliver declines every quarter. Doesnt take rocket scientist to work out these people are not capable to deliver any growth.
Probably because Rahull loading the company top heavy sinking with more 3rd rate Execs on millions at the top.
Everyone gas worked out this scheme.
Apparently a senior manager on the NYSE trading floor came into work this morning wearing the wrong color socks. The markets responded accordingly...
Seriously, it's reached the point where that's a legitimate reason for pessimism in DXC stock.
Buy onthe dip from $99 dollars all the way down lol.
Its only gone down 60% since Rarwool took over.
His doing well.