Markets are learning quick and fast and eventually how DXC is operating. They are now starting to miss the numbers. The decline is upon us.
6 replies (most recent on top)
Guys and gals, its just an asset strip. Don't think too much about the reasons.
Wonder what's next?
No the USPS is not part of the decline I know that piece was taken out of the DXC Share price. I am saying we should see sub 80 by next week. I understand the USPS chunk taken off share price. This is beyond that.
And if you mean this article:
https://finance.yahoo.com/news/falling-earnings-estimates-signal-weakness-140502789.html
Again, that's just the USPS sell off subtracting value. No shareholder lost that money, they got their money and more in Perspecta shares.
Those Zacks articles are auto-generated stories just based on the share price.
Is that last comment directed at our ex-IBM salesman CEO and his clueless ex-typist "friend" who runs HR? It's their failed project that is dragging us down! There is still time to save the company of Lawrie goes. Under his leadership and crazy plans CSC shrank for 5 years, now DXC is going the same way. He can only cut and shrink a business. Anyone that has worked for him knows that! If he goes we CAN get back on track, despite the damage "Morocco Mole" and "Miss Piggy" have done to the company
If you mean the share price is down, that's because of the USPS sell off.
When you sell off a chunk of an asset (in this case part of a company), the value of the remainder is less.
Its a fairly simple concept.
As much as I'd like to say its because of despotic leadership, low employee morale, loss of contracts etc etc but in this case, its not.
Yes decline is upon us - so why don't you quit and move on ! and let others be in peace .