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D M's avatar

Any view on the co's execution since the writeup was written? Feels like they are ahead of schedule.

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Value Investing One-Pagers's avatar

Sorry for delay, been on holiday.

Inclined to agree - I think it's going to plan or better than hoped - the foundations have been laid fairly well. Good to see alliances etc on track, and stuff like Kyndryl Consult growing very well. Management saying the right things about margins and cash flow.

I'm hopeful this will be a good year of acceleration, albeit economic/macro headwinds are present, but hopefully many of the services are insulated from potential volatility.

Overall I'm quietly confident and content

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D M's avatar

Not sure what mkt did not like off print, IR been guiding 24 revs down. Think the macro headwinds def spooking some ppl as well.

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