Why is everyone surprised that Bill jumped ship.
It is evident from the YTD results that Q4 wont be able to salvage the whole year’s results:
YTD operating margin 12.1%! (cf 19.1% for 2018 YTD)
YTD Profit after tax Eur 1.73B (cf 2.4B for 2018 YTD)
He is cashing out now.
Smart employees should cash out too.
Wonder if he knew (sadly) that Mark Hurd would not be returning to Oracle?
Short squeeze. Fundamentals have not changed.
Stock is up 10%
Q3 is evidently benefitting from the effects of the restructuring earlier this year. The improvements seem to be all non-IFRS / operational. The restructuring program has moved all of its cost to non-ops (IFRS) and unloaded substantial cost from ops results (IFRS).
Where did you find these numbers?
he is smart enough to cash out at the “good” quarter
Looks like pretty good quarter