Howard Boville says DXC will be a $100 stock price Corp in 5 years. First Howie, thats a beautiful round number you’ve plucked from your buttocks. Second, you say this in the town halls but don’t say how. You’d need a DNA change to even get close + rid the company of most L2’s and L3’s - especially in Drumgooles empire. Not happening.
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The reality is that the share price has gone down 20% since Raul has taken over, at $20 now and falling. Whilst the market has gone up.
Looks like Wall Street believe the Mike gang which is still in post aren't capable of a turnaround. Until Raul replaces them nothing moves forward.
So far the gang haven't sounded very confident on the figures so expect a bad quarter.
We will use AI infused platform-x with the approval and guidance of the AI council following EDGE practices to do margin trading using the 800 Mil free cash flow we generate to get the share price to 100 - now that may look difficult, but that is why we have both offering model and regional model to accomplish that.
who the duck is Howard Bovill. he does t know a dam thing
@1aha+1s063rqL so what exactly was this town hall was Raul on? Did they do q&a? Any strategy discussion?
he was mis-quoted, he meant DXC WAS a $100 stock 5 years AGO - which is almost correct on both counts ($96.38 on 21 Sep 2018)
Absolutely no chance it will even get to half that number again as a standalone company, and another 4% decline today
There will be no DXC in 5 years, not that the stock price $100
Please do not be negative. Give the new boy a chance. True old yahoos and shenanigans have to quit - which is already work in progress.
It's possible on paper. A $100 share price is equivalent to a $15 Billion dollar market cap. Which is on 19x DXC's current FCF of $800 Million. To put that in perspective Accetnure and TCS are both well above 20. Ofcorse the reason ACN and TCS are valued at that multiple is because they're growing sales and not constantly declining plus managment is generally ok. So that's really the missing peice here.