Hummm?
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Down 9% since earnings report. If it stays down, here comes the bad news (census reductions, re-organization, pay and travel freezes). I wouldn’t doubt Aero doesn’t shed a business or two. Maybe sell off another product line (already did ATF-3 or LT-101).
Three card monti only works for so long.....
There is a limit in financial engineering by insane cost control through saving on budgets for new product development, using furloughs as an instrumental tool etc. Glad I left this sh-t show.
Just compare the NonGAAP numbers that they talk to vs the GAAP numbers. The story becomes clear… Financial Engineering Company not an Engineering Company
GAAP - generally accepted accounting principles/practices. Which HON does not want you to look at
Blow-up this useless mgmt. This place is done.
I said "Hey, a-what's going on?"
And I say, hey-ey-ey
Hey-ey-ey
I said "Hey, a-what's going on?"
Dump any stock you have. Now! There are other great investments to make.
You can’t get rid of so many talented people that you refer to as “heads”, and treat them worse than cattle, and still expect continued growth and market positioning that the smart investor would expect.
While I have fond memories of so many great years there, the last 10 years have been led by a regime that only cares about themselves and nothing else - not the employee asset base or even their clients. It will make for a fascinating Harvard Business School case study not too long from now.
The problem is that the accountants know the accountants tricks and the analysts see the truth.