Stocking sinking again today.
Looks like the layoffs trick not working.
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The stock got into the 4s today. Will it go up or down next week? Will we be cash flow positive or negative in the next earnings?
Thank Goodness for the Highest DE&I and Culture poll we won. Now that the best CEO is gone are we still going to be the Happiest place on Earth. Customers are so glad we are all so happy when they report issues. Here’s Hoping for some bright news soon because just catching up with some NDC capability is not going to save the day..
But DE&I and culture is at an all time high! That’ll pay the bills.
Hopefully Bottom is close but not sure its been reached yet.......
Stock hit 3.50. Is that rock bottom?
Sometimes you have to hit rock bottom in order to bounce back from it ;)
Stock hitting new 52 weeks low.
Stock price is below $4 now. How low will it go?
I think Sabre should have stopped the cloud migrations when covid hit. Among the many reasons you want to technologically advance by moving to the cloud, ultimately you're doing that to get the velocity to capacity. With the business going down due to covid I think Sabre had good enough tech and plenty of capacity to support the limited demand.... They should have invested to acquire and retain customers post covid , instead of spending millions and millions to cloud providers for tech and capacity that is not needed... In my opinion it was a questionable leadership .
Bernstein analyst Alex Irving initiated coverage of Sabre with an Underperform rating and $4 price target. The company's debt is too high, with interest costs exceeding EBITDA in 2023, and will continue to constrain Sabre's ability to invest in development, which will worsen its competitive gap to larger peer Amadeus, the analyst tells investors in a research note. The firm says Sabre's global distribution system business is facing rising competition and dilution of market share and margins.
Read more at:
https://thefly.com/n.php?id=3676052
And bonuses being paid this week while the company is burning through cash financed at higher interest rates
Yet the company spared no expense for 850 leaders at the recent leadership conference! wtf?