hey guys,
Any idea of letting Investors what you guys are doing?
8 replies (most recent on top)
Share Price Going Sky High today.... Why the sudden Increase.....
The Mosaic Order development is actually fine and mostly done in KRK.
As an investor or an employee of Sabre you are sc--wed.
- The entire 'new shiny object' Mosaic team opted for the severance package and is leaving Sabre.
- Key GPD Leader leaders opted for the severance package
- GD and BG from delivery are negotiating selling off all their resources to contractors in order to save their jobs.
https://simplywall.st/stocks/us/consumer-services/nasdaq-sabr/sabre/health
Sabre has a total shareholder equity of $-1.4B and total debt of $5.0B, which brings its debt-to-equity ratio to -352.4%.
https://finance.yahoo.com/news/warning-signs-3-companies-might-195749170.html
Three things going against Sabre:
- High total debt to earnings before interest, taxes, depreciation and amortization (EBITDA)
- A low return on assets
- An Altman Z-Score below 1.81 — a sign the company could file for bankruptcy over the next 24 months.
Conclusion: Sabre will declare bankruptcy
Short answer - ELT team is working hard to bump up stock value so they can bail out and file Chapter 11.
Mindless layoffs and VSP for the most experienced and knowledgeable employees indicates the ELT team has no plan to save the company. Almost the entire offer/order product dev team opted for the VSP. There is no money or capable resources left to develop anything. KE has already laid the groundwork to be released of any liability once Sabre goes bankrupt.
2Q 2024 earnings will tentatively be announced 08/01/2024 before market open.
Q2 isn’t quite over yet. Normally, public reporting of Q2 results happens in early August. The quarter-end close and internal analysis of results have to happen first before any information is made public.
Going to declare bankruptcy soon