I'm going to the closet and box old Oscar!
9 replies (most recent on top)
It's clear to me that I should have sold all my BHI stock when the proposed merger was announced instead of holding on and thinking that once the merger occurred, I could sell my stock at an even higher price. This is what I get for wanting more!
it is clear to me! we must all endeavor to persevere. and by doing so we must work harder for less. we must be the guiding light of this ship. we must be the lantern on a foggy night. it is a burden we must bear. now go ! each and every one of you. go be that example. our future is in our own hands.
The latest sentiment from majors and rig owners is that exploration will not restart until 2018 at the earliest and will lag well behind any sustained oil price increase (majors need sustained cashflows before risking the unknown again). BHI will have to weather this downturn and worse for potentially another 3 years. The big question is how long can it continue losing $1billion every quarter?
This company needs to show some profit and not just awful losses . Reading your report the only positive thing this company has done was to impair material and reduce your workforce. I own BHI and I am not satisfied how the stock is doing , although all O&G companies are suffering . The acquisition by HAL was to make some people money and to protect market share in a tough business climate . There is no place in the business market for a #3 Oilfield service company today . The business is just too tough . The 3.5 billion is not the answer to Wall Street .
Yep, pay down debit, buy back shares, all artificial. Just tricks to noost the stock price. Company is unable to grow organically, even in the goid times. Incapable of developing it's own workforce. Just hires from SLB.
BHI loses $910 million in Q2 ...and the stock price goes up 2%.. this would never have happened ten years ago ..what is this new investment logic?
Read the report , you show the 3.5 billion . Without it your figures would be really BAD. Pray for someone to take control .
Question one: What happened to the $3.5 squillion dollars from Halliburton.
Answer: In the grubby hands of the major shareholders.