What are your thoughts on GEE today with announcement of the buyback and activist investor Red Oak now in the picture? Cheap on forward multiples as well...As long as job market holds up decently well (and so far it has relative to other recessions/periods of economic weakness) seems like a compelling r/r. Wonder what I am missing though or should be fearful of...like what could go wrong? any thoughts!?
At this point the biggest risk I see would be AI completely disrupting the job market in the next few years (which is more of a systemwide risk you could try and hedge). Two activists on the table and the strategic review will keep them honest. Check out @ACapResearch on Twitter for more commentary on the Q, will be talking to management tomorrow so if you have any relevant questions just comment below.
What are your thoughts on GEE today with announcement of the buyback and activist investor Red Oak now in the picture? Cheap on forward multiples as well...As long as job market holds up decently well (and so far it has relative to other recessions/periods of economic weakness) seems like a compelling r/r. Wonder what I am missing though or should be fearful of...like what could go wrong? any thoughts!?
At this point the biggest risk I see would be AI completely disrupting the job market in the next few years (which is more of a systemwide risk you could try and hedge). Two activists on the table and the strategic review will keep them honest. Check out @ACapResearch on Twitter for more commentary on the Q, will be talking to management tomorrow so if you have any relevant questions just comment below.
lol I too am a Sidoti Conference attendee and am meeting with mgmt tomorrow. I like your comment on AI, will ask them about that!
I just started doing work on them so don't have any questions you'd find useful unfortunately. Hopefully by end of tomorrow I'm far more up to speed!