Good leadership from New CEO
28 replies (most recent on top)
Aged like milk.
Looks to test back $120 by end of year. Hit the exits while you can.
BB thinks he is impressing the Analysts with his regurgitation of metrics but all he is doing is digging a hole deeper and deeper! The previous post is right, he impressed the market in his first earnings call then the Analysts woke up and started asking questions for which BB’s response was blah blah blah…..nothing he said made any sense! What did you say on your first call Bill….this is not your first Rodeo? Clearly you just fell off the bull and landed on the horns!
After a great first earning talk by BB which investors were impressed (initally), it follows that BB second earning talk ends up in negative zone. Investors realize that the core has no growth and no matter how you change the CEO, the result is going to the same- Downhill. Get out when the share price is still decent.
Well done Bill! You opened your mouth yesterday and look at the stock price today! BB has turned out to be MR in disguise….aimless blah blah blah coming out of his mouth. Can’t wait for tomorrow’s CEO meeting….probably another word salad from him.
If the NPI (New Product) is stinking in 3M what the heck is CTO has been doing in his job!
Looks like another loser
Going below $130 already - one day after earning call
It's only BB second earning call, and it ends up with share price down. Hopefully he don't follow the foot step of MR
It very much was blah blah blah on the earnings call. BB is realizing talk will only get him so far. His bull will not work long term….BB you now must deliver. Start by getting rid of your incompetent leaders M.Murphy, FlimFlam, Tireman…..
Amazing what you can do when you don’t have to pay employees
BB talk too much about safety, efficiency..blah blah. Instead of Growth plans.. wall street analysts don't buy in
BB was a disaster on the earning call. Verbal diarrhea from him. Let’s see next quarter…there is only so much bullsh*t he can shovel. Analysts are too smart for BB to con.
Despite such a tough quarter where 3M cuts its inventory to bare bones, it still couldn't impress wall street. Looks like BB is going to have a tough time trying to squeeze out more cash flows if there are no growth. Good luck
Hey dummies. The 20% sales difference is what we used to have when Medical was with us. All sales numbers this year will start at least -20. Then the investors look to see if we made any gains from the -20.
The new 3M is 20% smaller and has 20% less sales.
Good luck to those S.uckers who entered at $140 this morning haha
Wall Street saw all the griping here about RTO and sold off.
Stock is tanking now. Nice job COC. Unhappy employees. Terrible stock price. New products? With 100 R&D diverted to focus. Wow. Big investment.
The above 140 didn't last 5 minutes. Doesn't take much to reason that analyst didn't like sales being down 20% or more. But hey let PG and Kearny puff up there BS PowerPoints and kiss BB cheeks some more. I can hear the puckers and hand slapping.
Only $90 to finish fixing the mess from the last CEO and CFO!
Give it up, nobody is buying it fake varys
Monish, please stop posting. Focus on destroying adm. it’s ashwaganda’s time now.
As long as share price continues to rise, people can be disposed of.
$140, sure, but back in 2017 it was $250.
There's a long way to go before we break even, and RTO isn't gonna get us there.
Sales year on year fell over 20%! We aren’t growing our markets. The revenue gain is from all the layoffs and the inventory slashing. Also how much did they save by cutting LTI for so many people! It’s all PR. Who benefits from higher stock prices? The VP’s and above! No one else has a big stake to matter.
Thank god the stock price is higher, too bad no one actually cares about the wellbeing of employees! Price of doin business though, amirite?
Just another troll post trying to get a reaction. Or a poster who is too d-mb to know how to check the stock price.
Declaring victory in the first quarter of the game is risky and possibly foolish. Yes the numbers show improvement, mostly due to reduced operating costs driven by layoffs, however, looking ahead it’s hard to see growth and longer term strategies for success. I’m worried your enthusiasm may be in the style of leadership, where today matters, but there’s no working plan for tomorrow. I’m also worried for employees struggling to maintain anything resembling a healthy balance and to deliver under increasingly poor direction.