https://seekingalpha.com/article/4872039-opentext-a-dividend-doesnt-compensate-for-years-of-debt-paydown
4 replies (most recent on top)
@OP You. I like you. Thanks for that. Article was spot on. Can't argue with a damned thing.
What it boils down to for me is that the company is treading water and at some point it's going to run out of energy to keep above the waterline.
My only salvation is that I am in the MF part of things and might survive if divested.
My big takeaway here is that OT brings home a big paycheck, but after paying the credit card bill, they’re digging through the couch cushions for gas money.
Another way to say it, OT is like a person who makes six figures but still can’t afford guac at Chipotle because the exes and lenders take every dime.
My big takeaway here is can OT make its enterprise information layer valuable enough in the AI era that clients continue paying for it even as big companies like Microsoft make more and more information- management functionality native to Microsoft 365? Answer is no. So without acquisitions to support growth, and this feeble AI, what's the plan? I mean in addition to cutting heads.