Well a better first half than expected, and roughly double quarterly revenues in expected new client wins. Finally they added buybacks and divs to capital management options. Sounds confident to me.
I like the sound of automation and AI too.
You could take the negative view that the skew might mean a lower half 2, but that would not dovetail with "off to a great start". You could take the view that they are having trouble finding M+ A targets at the right price, and that might be an implied negative, but discipline would be a positive.
I expect their intention is to upgrade their outlook a bit. Business is doing far better than main street in this inflationary period, and might still have a bit of catching up to do post covid.
CTD Price at posting:
$16.71 Sentiment: Hold Disclosure: Held
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