1J·

Will the falling knife cut my hands? 😅

It's just a guess, but I'll give it a try… Longrun

Just under 5% dividends with

over 10% annual dividend growth

The stock was sold due to AI fears ...

The bookings from $ACN (+6,04 %) are weaker than in previous years, which is why the stock has fallen even further since the earnings report.

Payout Ratio stands at below
50% and, in terms of dividends, is not something to criticize but rather to admire.

Overall, the financial figures were $ACN (+6,04 %) always been solid… but that’s no guarantee for the future.

The company is in good financial shape and will carry out a share buyback program totaling $7.5 billion by August 2026.

So far, it’s unclear whether AI will be more of a tailwind or headwind in the future.

Since I usually go against the grain and don’t follow the crowd, I’m giving up on this stock and will act based on the company’s future results.

30.06

Accenture

Acheté x35 à 110,55 €

3 869,25 €

26 Commentaires

Olli@Olli68

Brave. In my view, one of the biggest losers of the AI disruption.

•

Poor Dad@PoorDad

@Olli68 The stock has fallen so low that it can't go any lower 😜 I've reduced my position in the stock to the absolute minimum

•

jkb92@jkb92

@Olli68 That may be true, but I don't think it's to the extent that the sell-off would suggest. In my opinion, you can't go far wrong at this level. I also jumped in recently.

•

McZed@McZed

@Olli68 We'll see—someone's got to bring AI into companies, after all 😁

•

Kai@Dividenden-Sammler

@PoorDad Well, based on the purchase price, the stock could still fall by €110.55….

•

Poor Dad@PoorDad

@Dividenden-Sammler Just 100% 😌

••

Olli@Olli68

@McZed Sure. That's what I thought at first, months ago. But there are specialized—and, above all, much leaner—competitors for that.

•

TheMaverick@TheMaverick

@Olli68 What do you think of Accenture expansion into cybersecurity? They are aggresivily buying companies in this sector and this could substitute the potential loss from their classic "billing hours" segment

••

Olli@Olli68

@TheMaverick Yes, they are acquiring a lot, but they are still a huge tanker. They need to switch from hourly-based billing to performance-based incentives. That is the biggest challenge. And I assume that 50% of the staff are redundant.

••

Keineui@Keineui

@Olli68 That's exactly how I feel

••

Poor Dad@PoorDad

@Olli68 You’re absolutely right. But I think the market is really overreacting right now when it comes to AI. $ACN is in better operational and financial shape this year than it was last year and in recent years. AI fears are running through everyone’s veins right now, but in the past, there have been plenty of other issues that were hyped up to be much worse than they actually were. So I think that, aside from the current problems, you’re getting a top-tier company here at a ridiculously low price—and it might even get cheaper.

••

NichtRelevant@NichtRelevant

Good luck with that. I could definitely see that being a good decision in the medium to long term.

The truth is, there’s no way to know how much AI will cut into the company’s business. Maybe $ACN will even benefit—they’re not exactly clueless, after all.

Large companies and government agencies will continue to hire outside consultants to implement digital processes—even when it comes to using AI—if only so they have someone to blame if the process doesn’t work as it should. 😅

•

Endurance@MozartsGeistp

@NichtRelevant You've hit the nail on the head. Managers need to delegate; as responsibilities increase, the demand for consultants inevitably rises. 😁

•

Luca H.@LMHNK

21H

And, as we all know, AI doesn't take responsibility

••

Mr. K@TechNav

It looks like this

••

Endurance@MozartsGeistp

It’s absolutely essential to have “solid ground” ☝️

••

Poor Dad@PoorDad

@MozartsGeistp doppelmoral

••

Endurance@MozartsGeistp

😉

It's absolutely none of my business, but doesn't it cross your mind every now and then that, at 23, focusing exclusively on dividends might NOT always be the right strategy?

••

Poor Dad@PoorDad

@MozartsGeistp I’ll be able to judge that in at least 20 years. It might just be the absolutely right strategy :) Just keep watching, like you’re already doing, and maybe you’ll find out, too.
And at least I’m NOT advising others to grab the falling knife… that’s a plus, right?

••

Endurance@MozartsGeistp

@PoorDad I'm guessing you're missing out on some returns.

••

Poor Dad@PoorDad

@MozartsGeistp Maybe, maybe not. I always buy my stocks during a drawdown. Most of my holdings are still in a drawdown or are currently recovering from one. I focus on historically high dividend yields during periods of weakness so that I can earn “high” returns on my invested capital, and the strong dividend growth of my companies adds a compound interest effect on top of that.
So my goal isn’t the same as yours when it comes to maximizing performance—it’s more about generating a high cash flow in retirement. And I think I’m right on track to reach my goal.

•

Endurance@MozartsGeistp

@PoorDad Well, that's a plan, and if you're convinced, then that's fine! 👍

However, the major indices are performing at a certain level, and if you want to take a critical approach to this, then you'll have to measure yourself against them.

••

toscho@toscho

I'm also gradually building up my position in this stock as a Divi pick. If the $IGV breaks out sustainably above $90, then an ACN should also rise along with it. Otherwise, it's a top company and, from a Divi perspective, currently one of the best picks in the software sector.

••

Luca H.@LMHNK

Anyone who believes that AI will disrupt the consulting business in the medium and long term... unfortunately has no idea what they’re talking about or is thinking about their own company with 10 employees.

In most cases, consulting services are hired because of a lack of expertise. For example, SAP migration... Anyone who believes that AI will take over an ERP migration in the future... should get their act together as soon as possible... Or, for example, for a restructuring or a digital transformation... Or who’s going to implement the AI in these companies? You don’t seriously believe that every company in the world is going to do this on its own, do you?

AI is going to take off. But Accenture will benefit from it... For one simple reason: a new business segment. So, as if a company is going to customize and implement all of this on its own 😂😂😂

••

Luca H.@LMHNK

@LMHNK A real-world example. I know a company that has now stopped all software purchases. Company size: publicly traded, single-digit billions in profit... Reason: “AI is building the software for us.”

And who’s handling security? Who’s migrating everything over there? Who does the maintenance? Who runs vulnerability scans? Where is the whole thing hosted? Who handles BCM and so on... I mean, if a company wants to worry about all that and actually manage it... Wouldn’t SaaS just be cheaper?

••

Poor Dad@PoorDad

@LMHNK I see things the same way you do... As has already been mentioned here, the folks at Accenture aren't exactly fools... While the market is trembling with fear of AI, the company is working on how to leverage it. After all, we're talking about billions here... You make some good points that, to be honest, few people think about.

•