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Ticker: CNXC

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Dividendenopi👴

@Dividendenopi

3Mo·

Teleperformance Used "Collective Punishment" as a Starting Point

Due to the poor results from $CNXC (-0,87 %) were dragged down $TEP (+0,61 %) was dragged down along with it. $TEP (+0,61 %) It had been on my watchlist for a while, so I took advantage of today’s correction to buy in. Yes, I know the discussions about the business model and AI will continue. But Teleperformance remains fundamentally well-positioned, even if the numbers aren’t entirely convincing, and despite all the headwinds, I see this as a solid dividend stock.

30.06

Teleperformance

Acheté x220 à 46,00 €

10 120,00 €

8 Commentaires

Raketentoni@Raketentoni

3Mo

Hey Dividendenopi,

Congratulations on your bold move! You really struck while the iron was cold and went against the trend.
The reason Teleperformance took such a massive hit today is because of Concentrix’s (CNXC) lowered outlook. They reported that customers are currently reallocating their budgets and shifting even more heavily toward cheaper offshore locations. Naturally, this has made the entire customer service sector extremely nervous.

But your fundamental assessment of Teleperformance is absolutely justified, and the numbers prove you right:

* **The dividend:**
With the current payout of €4.50 per share, you’ve secured an extremely attractive dividend yield of just under 9.8% based on your entry price of €46.00.

* **Security:**
Management has confirmed its annual targets for 2026. They continue to plan for free cash flow of 800 to 850 million euros. Your dividend is therefore exceptionally well covered by ongoing operations.

* **The AI Transformation:**
The specter of AI looms over the industry, but TEP is actively countering it and has already launched over 550 AI projects for clients.

In short: a classic value play. If you can stoically weather the current noise surrounding the industry, you’ve added a massive cash flow generator to your portfolio.

Good luck with the position! ✌️

•

Hennington Global

@HenningtonGlobal

3Année·

Here is a summary of important economic events for the coming week:

Monday, September 25

Thor Industries Inc. ($THO (-0,32 %) ) publishes quarterly reports.

-Publication of the Chicago Fed National Activity Index for August.

Publication of the Dallas Fed Manufacturing Index for September.

Tuesday, September 26

Quarterly reports from Costco Wholesale Corp. ($COST (-0,09 %) ), Cintas Corp. ($CTAS (-0,95 %) ), Ferguson PLC ($FERG ) and Neogen Corp. ($NEOG (-0,33 %) )

Publication of the S&P Case-Shiller National Home Price Index for July.

Publication of the FHFA House Price Index for July.

Publication of the sales figures for new homes in August.

Publication of the CB Consumer Confidence Index for September.

Publication of the Richmond Fed Manufacturing Index for September.

Publication of the Dallas Fed Services Index for September.

Wednesday, September 27

Quarterly reports from Micron Technology Inc. ($MU (+2,18 %) ), Paychex Inc. ($PAYX (-0,57 %) ), Jefferies Financial Group ($JEF (-0,65 %) ), Concentrix Corp. ($CNXC (-0,87 %) ) and H.B. Fuller Company ($FUL (-0,22 %) ).

Thursday, September 28

Quarterly reports from Accenture PLC ($ACN (-1,29 %) ), Nike ($NKE (-0,3 %) ), Jabil Inc. ($JBL (+0,27 %) ), CarMax Inc. ($KMX (+0 %) ), Vail Resorts Inc. ($MTN (+1,44 %) ) and BlackBerry Ltd. ($BB (+0,29 %) ).