The biggest challenge I see is that the stock is hovering around 52 week lows. The big bump that the stock got when Gregoire came on board is gone and it's now back to Swainson territory. This seems to indicate that regardless of the leadership change the company really isn't moving. Earnings call next week.
Charles I think Sanjay maybe out sooner than 2018?
Register Number: 71321-053
Located at: Miami FCI
Release Date: 01/25/2017'
They have one job - keep the yield between 3.5 to 4.0 percent for as long as possible. Once that is no longer possible - sell and get out of dodge.
I believe you've got this company pegged, but I'm just not sure the word is "losers". Maybe "Lost" would be a better word. "losers" implies that they are actually players in the "game".
An important CA stock milestone was hit today - with the Dow and the S&P rallying strongly today, CA stock actually went down, now playing in the $27's. For those who really need to buy this stock you might wait until CA crosses $29, showing that others are actually interested.
I attended the stockholder's meeting in August which was only a half hour. Was not impressed with the BOD or anything management had to say. I got the impression they are going through the daily motions of running CA with the intentions of selling. No feeling of spirit de corps.
CA is like a savings bond that returns a nice 4% yield nothing more and nothing less. Nobody invest in CA with the hopes that the stock price will go up, it's the annual dividend that matters. The moment the feds increase interests rates it's game over. Read the annual reports - they purchase companies - revenues stay flat. It's the only thing that matters - keep the cash flow so they can continue paying the dividend.
Your post sounds like a missive from the Mike Gregoire PR department. Mike Gregoire is not a savior, he's just a person that previously ran a small software company, and has been given the reins for a bigger software company that he may not be able to control. CA is on the slippery side of the slope and does not appear to be able slow the slide. CA stock peaked in the spring when it met strong selling by institutions. I believe CA is in care-taker status until some other company decides to take a gamble and make an offer for the only real asset CA has - it's employees.
Re-iterate: no need to buy CA stock unless big buyers come back to the table and can push it over $30/share.
hope is not a strategy. I think Mike, any CA CEO would, has his hands full. Let's see what the Sept qtr brings us. Revenues are going in the wrong direction as per last qtr. Also I am a little consumed by this AppDynamics situation. They seem to be eating CA's lunch in this area. Hope the court case is in CA's favor.
CA's new CEO Mike Gregoire appears to be many times more energetic than his predecessors since Sanjay Kumar. I believe he is galvanizing his employees to a new level of innovations and customer-centric. His expectations are high and he does not shy away from holding his executive team accountable to the highest standards. While he has a missive task ahead of him, I can feel the culture change and morale trending higher at slow but steady pace. I own CA shares and hope and pray that he will succeed towards a higher vision and greater glory long over due for the company
You both ( or is it really just one poster with 2 IDs) should take a look a chart before putting a dime in this stock. The stock is in a downtrend and there is no catalyst in sight for taking it higher. If someone wants to invest maybe they should wait until the stock breaks above $30, proving that others are interested.
This is a favorite of Joel Greenblatt and his Magic formula investing. I think it is listed in the top 10 using his analysis. I am looking at establishing a position in it this week also.
It reminds me of EMC when it was trading around $23. last year and has had a nice move upward.
Any thoughts on this company and the risk/reward? It has very low price and fundamentals continue to be strong with a nice yield to make it reasonably attractive in here. Looks like it has bottomed and may start doing the dance to the upside - thoughts?
Sentiment: Strong Buy