Fielding brothers are ambitious. In other words they are idiots. There is no risk management at all, all they care about is money. When they win new projects, they hire PERM employees. They wouldn't even think about what could happen when those projects end. They are so optimistic that there will always be new projects to win. They believe building up head count could win them tier 1 clients. But look at who they acquired, all small consultancies that no one knows their names. They always boast cross-practice capability, but imagine how easy it is to ask one of nine girl friends to work with another. Most of the time they think they are the only girl friend
Look at their partners, may be they used to be big players in the market but now they are dying. Everyone knows cloud is the future but RXP is quite weak in cloud. They are strong in the technologies that are dying. Like I said, Fielding can only see $$
RXP Price at posting:
32.5¢ Sentiment: Hold Disclosure: Held
