Operator: And our last question is from Samuel L. Jackson of Pulp Fiction Investors.
Caller: David, do I look like Mrs. Marsellus Wallace?!
Dickless: Wha--?!"
4 replies (most recent on top)
100 bucks to the first 5 which yell b---s---! at tomorrow's meeting.
Micromanagement, trying to cut corners and not paying attention to the business. Management operates like this so they can get a bigger bonus. The employees and customers suffer. Word gets out then nobody wants your c-ap. Especially when you put lives at risk.
investment managers look like fools in front of their firms and investors. they bought dd&co's pitch that they are talented turnaround artists. the pitch never fit together, the discrepancies were glossed over. "A New Kind of Company", yeah, I'm stupid so don't ground your business case in reality, just make sh-- up. dd&co maybe understood technip epc but not what cbi, Fluor, bechtel, Shaw did. the problems with Shaw and cbi weren't that more engineering needed to be done in India. The investment managers lost money and deserved to, they didn't do their jobs. they are embarrassed and deserve to be, and they might be gone by 4q. what you heard was genuine anger from people whose asses are now on the line. dd&co violated trust. they won't get it back. dd&co are fighting for their jobs too. if the board doesn't take action the shareholders will vote them all out. not you or me, angry investors who need someone to blame.
Thanks for that! Spot on