They will continue to exercise the only play they know and that being a short term play of shedding employees at the cost of their customers and the company. They are well beyond what any short term fix can do and they can’t sell because they are so heavily leveraged. So taking the company private may give them some breathing room but I honestly don’t see a way out for Altice at this point. Ignorance and arrogance will do them in.
@3sqb+1lNIARcL covered it all.
It's a dog .... with fleas .... and NO dividend.
$2.90
Down below 3.00 today but these clowns keep creating Sr Executive positions out of thin air and putting people in them that couldn’t run a church bake sale. While encouraging/paying people with 30 plus years of industry experience and knowledge of these systems to leave the company.
https://www.marketbeat.com/instant-alerts/nyse-atus-analyst-earnings-estimates-2023-04-17/
The earnings for 2025 is $.03 a share. Yikes I feel more layoffs on the horizon
He doesn't want the stock to recover. He is trying to repeat Europe. Read the article
https://seekingalpha.com/article/4592746-altice-gameplan-to-buyout-of-public-shareholders