I received an email from Fidelity telling me the voting date has been extended to the Monday 18th, from Friday the 15th. No idea why they would do that.
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AVGO will bi--h-slap VMW into shape. Heads will spin, feeling will be hurt, and profits will rise.
Agreed, AVGO will maintain their net profit margin by cutting all the excess from VMW
AVGO and AVGO investors are licking their chops on the VMW buyout knowing there is a super easy path to another $2+ B of short term profit increases without risking the business. VMware has grown so fat and bloated that if you cut down the products to the ones making money, cut all the "sales" overhead BS with "specialists" all over who don't know the client, the products, the competition and are lazy PPT BS Bingo parrot talkers, simplify ops with one pricing and delivery structure and you have an easy $2B of immediate gains. Then the harder "transformation" stuff comes but they at AVGO know how to make a buck and to think that CA and Symantec under AVGO grew faster and more profitably than VMware this Q.... think about that ... CA the cesspool of SW and Symantec more profitable and higher growth than VMware's illustrious "leadership".... It is going to be an EASY playbook for AVGO to roll out and add another $2B-$3B to the bottom line and as an investor with a PE multiple of circa 25 for AVGO, that makes their $80B buyout of VMware a $125B asset / valuation pumper for their stock.
On a related topic, the AVGO recent QTR net profit margin was up by +24.72%, while VMW declined by -12.76% - so, I'm now eager to see how this transpires over time.
I'm left wondering how much the AVGO value will be diluted by VMW once the deal closes. It will be interesting to watch the market reaction, and the impact on AVGO share price.
For those of us that have already decided a course of action, any change won't matter.
This was a week of gratitude, as I've now sold most of my RSUs at the peak price.