funny as I thought GM failed to answer some of the questions that were asked of him. He instead gave illusive answers without answering what was asked off him. I felt the analyst questions, whilst being courteous and polite, were trying to understand more details in depth or where upsides will come from re: cost saving, recovery, revenue, etc. and some of his responses didn’t quite answer these questions. His answers may have bearing on their confidence on what cxo can or cannot achieve in the coming few quarters (and feed more fuel to shorter agendas too if I take a cynical view).
Perhaps it was deliberate on GM’s part for commercial confidentiality reasons, perhaps details unknown at this stage but he was not painting much confidence, merely matter of fact kind of answers loosely speaking. As previously stated by others, trust has been lost with a lot of sh and I wonder if the analysts also bought into his storytelling or not. Next few days/weeks will reflect that I suppose.
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