All I'm doing is connecting the dots and it seems like Money laundering to me.
During the Clinton Administration Serbia was bombed and Kosovo war happened. Acts of war crimes were later dismissed and only 3,000 bodies were discovered rather than 100,000 ethnic cleansing deaths suggested.
Hillary Clinton is Secretary of State and urges Serbia to accept Kosovo and it's borders. - Was some kind of deal made for Serbia to accept this agreement ?
Bill Nuti has Hillary Clinton over his posh estate in the Hampton's to host a fundraiser for Hillary Clinton.
NCR magically now has an operation in Serbia to give the country jobs and some money.
Does this connection seem wrong ?
The multiple of a stock also a reflection of confidence in leadership and strategy. I believe the NCR market multiple reflects no confidence in Nuti, (eight years in office and he has never earned admiration). The multiple also reflects that strategy is based on customer preferences going away from what NCR does best; i.e. banks are moving from ATM to clicks, retailers from electronic POS to clicks... NCR execution in digital area is too little, too late and were purchased too expensively.
I worked for NCR for 10 years. I started 2 years before AAT bought them. ATT treated us pretty good . When it went back it got worse than before . I was there when the big early retirement scam. Guys were told to retire early or face being laid off. The guys were also told another lie . They were told they would pay the same as active guys for health care . Ask around the board that was a big lie.
After the layoff there was only 3 left all less that 4 years with NCR . We lost a lot of benefits.
I took the pension payout a few years ago. NCR hates me as I got hit by by a out of control car while working on a outside ATM. from that point on NCR has to pay me workers Comp . The hope I die soon as I only get 400.00 a week and they pay 2500.00 or so for my meds. So far they have paid over 13000.00 or so. So I will do anything to stay alive and stick it to those vampires.
Sounds like NCR will build out the scanners/components that are required with the Apple Pay at brick and mortar stores.
It can't hurt that is for sure. Probably take a few years for it to be widely accepted though with all brick and mortar stores.
ya- we're all so excited we got walmart back, got no bonus, have to pay for vans for "commute time" , we pay more for heath care- it has been redone so now we pay tax on an extra $1900 a year. oh yes-we're very happy!
OK... So what do you want? 15 times earnings? Fine... 4.50 is estimated for 2016 (And NCR does not miss). 4.50 X 15 is What? Well, that's 68... no matter what you say 34 is way way too low... Now, if they miss earnings then I agree. But, if they stay on track no way we stay even close to 34..
I think once we get back to investment grade we get that kind of multiple. Our margins should be improving over the next few years which allows attracts the higher multiple.
I think the current multiple is ridiculous, by that is just my opinion.