I don’t follow the companies you have mentioned, but still expressing my views w.r.t the question alone.
Have you been following the businesses and their stories? If combined with what has happened till now, these conference calls may sound normal.
Reading a transcript provides with the details of the business, but not the tone of the people who give those details. Not to mention the errors with sentences which sometimes miss certain important words. So in this sense listening helps, but what you have said is true too.
So, watching old interviews can help, accents will be the same but body language and the expressions (not that they cannot be hidden) accompanying words can provide a better understanding, some inferences can be made if they always talk like that, be it video or call, or they talk differently. I remember an interview of DHFL’s management after their fiasco, when asked a question, it was frustrating for them I guess, they expressed it visibly.
As you have said, they deal with international clients, so maybe such vibrant answering is expected, as opposed to a mundane, mechanical session, even if it provides the answers. Not that those international clients cannot ascertain what is what.
So if looked at conjunction with business, I guess more picture emerges, and one can draw any inferences, as we hear about a view of investors that some managements overstate and under deliver.
Just some thoughts, not invested in any of the names mentioned.
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