IBI Group Inc T.IBG.DB.E

RE:RE:Q3 out - Good Q - beat estimates - onward and upward!

[nkbourbaki]

Just listened to the call.  These guys sure aren't the typical cheerleaders.  It's refreshing to hear an understated and realistic management team. 

Interesting comments RE performance in 2017.  My take was that we shouldn't be expecting huge growth or improving margins going forward.  In fact, they explicitly stated they were looking for 3-4% growth, at least until some  big infrastructure money starts getting released in 2018+, with margins likely coming down not up in the near term.

Nothing to worry about, but it's hard to see a catalyst to push the stock much higher in the short term.  I expect the price targets to stay around $6.50-$7 for now.

Then again, we're living in strange times!