Dropped from $30 to $3 last 8 years. It seemed it was going to correct itself when it climbed to almost $6 in Sept and now it’s barely holding $4. Down to $3 where you belong POS company! BK in 2024 or 2025 most likely. $5 billion in debt and barely making pennies in revenue. No way they will be able to pay off debt by refinancing part of their debt every year when it comes due. They are just getting a higher interest rate and postponing the inevitable - bankruptcy.
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It's below $2 now.
Will it stay above $1?
If it goes below $1 then the stock gets delisted from the stock market.
It is next week and the stock price is back in the $3s.
Will it be in the $2s next week?
KE is finally turning the Boat around......
Will the price be back in the $3s next week?
Don't give away free accounting class
Comparing only a stock price is not a meaningful comparison. It's akin to comparing salaries without accounting for currency conversion. Market capitalization is calculated by multiplying the number of shares by the share price.
Market capitalization for the following companies:
Sabre: 1.1 billion USD
Amadeus: 25.4 billion USD
Expedia: 13.4 billion USD
Booking.com: 99.3 billion USD
At least we are not Travelport
Pretty much sums it up. Kurt is an untrustworthy a$$hole.
SABR $3.40
Amadeus $56.47
Expedia $93.08
Booking.com. $2746.10
Incredible to think that Sabre's enterprise value is currently 5bn, compared to Amadeus' 30bn.
When you look at the market shares, you do see that Sabre has massive potential in the event of a successful turnaround. Operating profits need to come back, and then debt needs to be diligently paid of.
apparently the 1.3T worth of data stolen from sabre includes employee details like passport numbers and insurance numbers. sabre should be offering us compensation and identity theft protection
Is the Ransomware attack news having a negative impact on outward stability appearance and the downward track of the Stock??
Of course they're liars. Were you born yesterday? Their job is to always be planning the next layoff while claiming they're not. This is why managers are very often sociopaths. To be a good manager you need to be emotionless and an expert liar. The better they are the higher they reach.
I was one who got laid off in May. I believed our jobs were safe per town hall meeting "No layoffs are planned" is what the new CEO said just a few weeks prior to layoff announcement. BS that they did not know just a few weeks prior they needed to save $200m. If they did not know they are incompetent and need to be fired. If they did know then they are liars. Which is it - incompetent or liars?
Will they will have their annual Leadership convention / party for Directors and above as they did this year? How can a company spend so much money on flights, hotel, etc on this type of party that yields nothing and then a month later say they need to reduce budget by $200m. How could they not have known??? Oh and don’t forget the massive bonuses Executives get for “a job well done”. This corrupt company needs to be shut down.
Guess the amount of $ spent for each 'photo op' event. Party like company is mega cap.
Imo, stock is still overpriced.
Wokeism isn't working. Company should get rid of extra curriculars. Just waiting for the culprits to be held accountable. Seems like an entire org worth of employees involved, telling you what to believe in.
the outlook is bleak. word is that there's going to be a third round of layoffs this year. some projects are being mothballed because they've run out of funding and the people will be out of a job by december. merry f*ing christmas to you, too, kurt!
Layoffs this year or in 2024? This is a publicly traded company. They must address revenue short falls BEFORE each earnings call. If the revenue is not aligned to what they expected when they laid off in May then more cost cuts must be made. In my opinion small layoffs will occur throughout end of year and if earnings are bad another big round will occur in early 2024.
hard to believe they would do another layoff this year, but anything's possible. Perhaps more divestiture to show financial gain before that happens. Worst case is it'll be a long December for some folks.
SM is Selling his shares hard per SEC filing, new e-Team members bought in and already lost over a 100K since August. Very Sad to see a once Great company going down the way it appears to. Hopefully somebody has some Hail Mary Plays to make it turnaround.
One word to all your queries. One word to rule all.
Shift
More layoffs if earnings do not increase. Next 2-3 quarters is make or break. If there is another Covid lock down in the near future that will be the final nail on the coffin for this company as it will be impossible to pay debt when you have no revenue and interest rates are too high.