I don't see any surprises in there. Same ol story of PC demands being slow, high salaries and high interest rates eating margins.
Near 21c EPC is assuring considering H2 is typically stronger than H1 so there should be a higher dividend for Q4.
I think in terms of high interest rates and high wages either the worst is behind us or the situation is close to it's trough. By the end of 2023, I would say thing should be improving if they already aren't. PC demand should return in the coming quarters as most products would generally be renewed 3 to 5 years max I imagine.
I don't see any surprises in there. Same ol story of PC demands...
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$8.05 |
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