Can only mean things are about to get much better?
8 replies (most recent on top)
Martin will announce his salary reduce next week. From 14m bake to level before the raise. Board members will do the same with less reduction.
Believe in our leadership, they know what they are doing.
Not going to happen BHI is backed into a really bad corner . Several disciplines of the company are really in bad shape . It has been said BHI will walk with it's competition , The competition has no interest in this . The highest leaders of BHI has failed and are begging for this market to return . if the market doesn't within the next 6 months BHI will be forced to make some very tough decisions . This is not a play games market. Rate BHI stock hold , moves must happen .
TMF
Wait until end of this month before GE takes over BHI. Valueact dont see much Value in BHI hence Martin will have to sell BHI to GE. The upper layer of Management incl Martin. Belgacem. Soucy. Kim Ross. And rest are up for heavy bonuses once that happens.
Only 3.5 more weeks to go.
The BOTTOM means - not goig worse but remaining at its current level. Thats about the future in O&G.
I thought discussing "bottom(s)" was banned on this site ?
ValueAct certainly has something planned for Baker Hughes. BHI has been trying to block these plans by buying back stock and diluting the ValueAct influence at board level and is one reason for the $1.5billion stock buyback. Craighead wants to hang on to his job for a bit longer.
ValueAct instilled chaos and madness is just preparing to be unleashed. Better? Probably not, just different and perhaps more evil. The viability of the Company after they are done isn't of any consequence.
Aye!