I also know the handle and being from IT sector myself,keep an eye on his posts. But frankly , IT is a vast sector and the guy may stay in Germany and work in IT, he surely is not the one stop shop for IT investing ideas. Problem with Twitter is that you need to keep posting stuff to keep your followers . As I see it,this guy is good for judging mid to large orgs but very impatient all the same.
I have been following IDA for a year now and I wonder how anyone says mgmt does not follow through . They have been most transparent and clearly guided for margin pressure and uneven QoQ results as the business has not reached the stage where they have enough pool to bag bigger orders.Managemet has always said look at YoY not QoQ . This guy must show his expertise so he said "I said so,delayed deals etc. “”
As I see it,these guys had a good run because of the 20-21 bull run and drummed their own picks as everything went up ,then poked fingers at whichever they did not have and then sold those picks which did not holdup and pointed fingers again.While I agree with this guys comments on HM and Tanla,I think he has wrong ideas about IDA and Mastek. IDA is a longterm investment and if one can not stomach the sinuaoidal QoQ PAT profile even when knowing the businss well,then its indeed better to exit .Mgmt has clearly guided for few quarters of lower OPM due to hiring resurces to catch bigger projects.If one does not have trust in the management after reading the concall transcripts,its better to look somewhere else.
Disc. Invested.
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