RE:RE:RE:Q2 2024 ResultsThe stock always seems to get irrationally hit hard. My guess is that investors see the billable hours decreasing and think the sky is falling. In Quebec, margins will be compressed but hours should stabilize. In Ontario, they had higher salary expenses and lower hours in anticipation of transitioning to the new contracts. SSI seems to be exactly as predicted.
I think we need to see the increase in revenue also drop down to the bottom line for investor interest to pick up. There is very little confidence seemingly among some shareholders - someone selling at 30cents for a one day 25% loss!
More patience is required on this one.