TSX:IBG.DB.E - Post by User
Comment by
Calgaryrideron Aug 09, 2019 3:06pm
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Post# 30012385
RE:RE:RE:What’s new? Amazing quarter and only getting better.
RE:RE:RE:What’s new? Amazing quarter and only getting better.I'm hoping the regulars can kindly post analyst commentary as it becomes available over the next day or two. Also, Management used the "D" word (Dividend). Finally! It'll come. From the Conference Call, response to a question by an analyst, F. Bastien: "Hey, Frederic, good to hear from you. Once we get into a reasonable range, the target that we had outlined [by the end of this year], usually we'd look at the best allocation of cash that we have in hand. And certainly, looking in to next year, dividends are clear option, but also acquisitions, would be a more active role in the acquisition of strategic firms that fits our target. Both are on the table. And even in the interim I would see that there may be opportunities for smaller tuck-ins into the firm to strengthen the technology direction that we're involved with now."