Originally posted by JamesBrown11
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How can we fight back against Infosys, TCS and other Indian consultancies?
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Originally posted by elsergiovolador View PostThe highest jump was on the 16th July, day before the second reading. Probably those in the know started buying...
The jump came from the july 14th earning report which had beaten expectationComment
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Originally posted by cwah View PostNo it was a steady grow even before.
The jump came from the july 14th earning report which had beaten expectation
If someone is extremely bored, there are company releases:
https://www.nseindia.com/companies-l...abIndex=equity
If you bought shares after the crash around the time IR35 postponement was announced and sold just after Financial Bill passed, you could have almost doubled your money.
If you knew the annoucement is imminent you could make even more by shorting your position before the announcement.
If you knew the FB will pass unchanged, you could still make money by buying few days before and then selling.
It's interesting that Wipro share price look quite similar for the period in question, but you wouldn't have the same return.Comment
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Originally posted by elsergiovolador View PostI was under impression they published it on 16th and the results were just slightly better than last year, definitely nothing to write home about.
If someone is extremely bored, there are company releases:
https://www.nseindia.com/companies-l...abIndex=equity
If you bought shares after the crash around the time IR35 postponement was announced and sold just after Financial Bill passed, you could have almost doubled your money.
If you knew the annoucement is imminent you could make even more by shorting your position before the announcement.
If you knew the FB will pass unchanged, you could still make money by buying few days before and then selling.
It's interesting that Wipro share price look quite similar for the period in question, but you wouldn't have the same return.
Infosys Limited (INFY) Earnings EPS Surprise Summary | Seeking AlphaComment
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Originally posted by cwah View PostYou can see on your link the published date on the 15th. The earning surprise was 9.5% above expectation:
Infosys Limited (INFY) Earnings EPS Surprise Summary | Seeking Alpha
Another argument could be made that the timing of the second reading of FB was set so that it happened around the quarter release (the date of which is known) to provide plausible deniability.Comment
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IR35 doesn't remove contractors from the market, they just pay more tax. It has no impact for Infosys.I'm alright JackComment
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Originally posted by BlasterBates View PostIR35 doesn't remove contractors from the market, they just pay more tax. It has no impact for Infosys.Comment
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Originally posted by DimPrawn View PostIt has the impact that, because the (tax) spotlight is now on the big companies hiring contractors, they turn more to outfits like InfoSys to supply people onsite for short term assignments.
I doubt very much any company will switch to Infosys to save a 10 minute check by the purchasing dept that a contractor is on PAYE.I'm alright JackComment
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Originally posted by BlasterBates View PostHow?, they can simply make sure contractors are on PAYE.
I doubt very much any company will switch to Infosys to save a 10 minute check by the purchasing dept that a contractor is on PAYE.Comment
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