I've been looking at the stock, and it seems to be going up? How in god's carnation can such a horrible company be doing so well in the stock market?
6 replies (most recent on top)
The Street loves cost cutting, not just layoffs, because cutting costs makes the profit margin look better. However this only works on a short-term basis.
There is an old adage in business that 'you cannot cut your way to prosperity'. At some point this will come back to bite DXC.
could be a lot of people getting into DXC stock as it's about to diverge the USPS business, so thy will gt shares/divi in the new company too?
It's a matter of time. Wall Street needs to catch up with what is really going on. When DXC executive losers sell there shares then its time to worry. DXC S---s.
I Just exchanged the DXC Stock to a Money Market for now HPE 401K until I do a rollover since I no longer work there. It was the only stock doing good - but Micro Focus Crashed yesterday, I did not have a chance to exchange that stock which I wanted to today, but i will have to wait until it goes up again. I am removing all HPE, DXC and Micro Focus stock from my portfolio, but was too late for Micro Focus.
Wall Street loves layoffs!!!!! That's what is driving the stock up.
It is the way accounting rules help them provide “good” Numbers for financial analysts : actual revenue versus actual operatief costs.
The cost of firing everybody and impacted lowered service you will find on separate topics as comments well hidden. The eventualy loss on the Total balance is good for avoiding to pay tax. And do not forget the tax shifts in Europe = a financial paradise
CLEAR values =
Collect big piles of money
Layoff People as fast as possible
Execute dismissals without moral thougts
Assign All tasks to bestshore operating under rigerous stringent rules without innovation
Rule as a king/queen