how does Q2 look like seeing, that TK left, reorg on, Mark taking care of OCI, any new cloud strategy, to be cloud decisive and vision 2020 with only DB or cloud will remain ghost figure. your thoughts are welcome...
17 replies (most recent on top)
stocks are preeety much reflecting whats going with/in the company... isnt this bottom warns (LJE)... SC n forces could already be action to bump it. any confidence boosting sales? heard AWS kicking our butt in our very own field...
That is the trouble with "stock analysts". They analyze the stock, not the company behind it. "Technical" analysts are the worst.
How about:
Dress the numbers up with tinsel and some green
Let’s have a contest for the best oracle cloud fraud Holidays jingle
No idea on Q2 results but I bet MH will say the pipeline is the “best” he has ever seen. Funny how that pipe never seems to make it into real sales to real customers.
Gather around children and listen to the 3 stooges: “ah, the holidays children, the perfect time to report some cloud fraudy numbers, the closer to Xmas the better. You see children, this time of the year nobody pays any attention. The Wall Street analyst are on their way to their ski houses, investor are busy buying presents, just a low energy time of the year. And that is what fraudsters like us, just love. Cloud fraud here, cloud fraud there, jingle all around, oh how easy it is to f--- the numbers up, repeat refrain here”
They should ave their buybacks for when the price goes down and they can buy at a value. There is no value in paying top dollar for shares. That only benefits those unloading shares (like the leadership at the top).
@fnl - the whole point of buying back shares is to have a smaller number to divide earnings by thus push up EPS - GAAP makes no adjustment for this, nor do stock analysts, the geniuses they are! Which is why oracle is destroying money by buying back shares rather than giving it back to shareholders as dividends. And the main reason for that is that LE has borrowed billions against his oracle shares and must prop up the share price to avoid margin calls and forced sales of his shares to meet meet collateral requirements on his loans.
I heard of a sales team selling a large 8 figure txn. The problem is the customer bought those licenses with the goal of cancelling all of their old ones and reducing their maintenance cost. They were paying more in maintenance than the new licenses cost. It even had some cloud in there to try and push the deal through. Once the customer cancelled the old licenses, it set off an internal investigation and ended up with many people fired with no severance package.
These are the things teams are having to do to make their numbers. They're desperate and where there is smoke there's fire. Not only are sales down, but expect there to be hits to maintenance and support revenue. Maybe Oracle will roll everything into one to save $10,000 on filing quarterly reports. It cost money to break that stuff out, until it is convenient to break it out. Just ask Warren Buffet - he likes it that way.
Not sure how good are you in math. I am very week in math. Here is what I cannot solve. Suppose Oracle buys back all shares, and hence outstanding shares are 0. Revenue tends to 0. So that is the output we have when we divide tend-to-zero by absolute zero? That would be Oracle's destiny.
20% drop in sales.....
Genuine accounting question...when they report earnings per share, if they bought back stock then fewer shares to divide by? Does that make performance look bettrr or does GAAP adjust for that?
A little or maybe actually a lot of cloiid fraud for the holidays never hurt anybody! It will be a glorious earnings call with little if any real earnings as oracle is going belly up, but you’d never know it listening to the 3 stooges. Oh, isn’t modern accounting just plain magical, like Santa you might say, including a very big red nose.
Growth in APAC? In the excel sheet? Exodus of people leaving Oracle apac and who buys Oracle apps anyway?!
Fantastic. We are seeing hyper growth
Looks like Apps in APAC has seen positive growth.
Earnings announcement is on the 17th I believe. Wait for that.
Disaster. But nothing SC can’t cover up with some creative accounting.