What price does this become irreversible, where creditors believe dxc cant survive etc?
8 replies (most recent on top)
What are the chances of management actually listening to the workers when they suggest better ways of doing things? Whatever suggestions are made by the workers will be censored and never sent to the higher-up as they are too busy with self-interest and obsessed with their own image.
LOL, what a pointless pep talk. It might be worth something if DXC were a company worth saving.
Glad I've already left this sh–hole company. The only think more satisfying than seeing it crash and burn would be Lawrie getting Covid-19. Once can hope!
Nothing with the Coronavirus gloing on around the world stock price means nothing, it has to do with are we staying a float cash flow wise. A company's stock price really has nothing to do with day to day operations, so STOP all this talk about stock price and start talking about how we can help the company be efficient and make money.
I am fed up with a lot that's going on, but it's up to us the rank and file employee's to question process and procedures and come up with better ways of doing things. In other words don't give up, take ownership and try to make it better.
Well, If you don't have time to do it right, what makes you think you'll have time to do it over?”
Back up over 12. Are you now quoting a huge turnaround of fortunes OP?
Reactionary noise on here needs to stop.
last November on the revised forecast. Not so much the $value$ but a case of how long DXC can sustain such a low value. It has a lot of assets, but it didn't have any positive forecast revenue generation and previous promises were broken. The digital clients pulled out at the last minute due to perceived risks and the top line dried up. Who wants to invest in a company that is sliding backwards and who wants to trust its services to a business that is in trouble? The break even point is $56-58 a share. It's low point is $27-29 per share. The 'what the heck are we doing?' point is $17 a share. Below this and you are talking a down-payment on a headstone. Recovery is not impossible, but the amount of losses it would sustain for the time it would take (at its current size) would sink it. It needed to sell off its business before this pandemic point - now its caught with too much cost, people, real estate and assets in a desperate time when investment confidence is at its lowest. It will need to make huge cuts in Qtr2 when the market returns.
Still, it's a good time to buy shares at the moment, with the right technology company.
S T O P. the price going down has nothing to do with the company. now the coronavirus is sending all investors to cash in as the market is crashing. Worry about the company doing the best we can for our clients, not saying not my job but doing what is needed.
Breaking point was at 12 bucks. DXC is toast. And it seems everyone knows it except DXC.
When they run out of cash and can't borrow more money, and can't sell more stock, they are done.