Just checked the stock price not looking at all good how can SLB raise it's stock value ?
7 replies (most recent on top)
4ekz,
The sad thing is many slb employees have no clue what are you talking about here!
most of international companies (o&G, IT,pharma,...) abandoned working with Venezuela years ago,
this is the sole stupidity of CEO and board which insist doing business with this country.
employees and shareholders are paying for this...while this has to come out of CEO and board paycheck, severance, incentives, benefits....
I think it is time to have damage control committee in this company.
Slb took a huge cut for SPM in Ecuador. That's why the big guy got canned and SLB took a dive on Wall Street. Next day Cramer is on talking long term thinking when it comes to SLB. Hahaha. Wonder what's he gonna say in January when SLB takes $2bn in impairment.
Can't wait...
Slb has to stop habit of burning cash, why did they just bought a waste land in Canada from a semi broke oil operator ????
But again the major problem is there is no much oil jobs anymore and this is not coming back anytime soon, if ever, unfortunately.
Fire Paal k
Fire everyone associated with engage and transformation. If you do not terminate both organization, they will just transfer to the other. It is the Schlumberger way.
25% drop in a year...the Institutional Investors will be less than happy.
By giving xmass gifts. If you catch my drift.