Computershare: Interim result 2016

The market has it in for Computershare at the moment, but to us the glass is half-full.

The reaction looks a bit harsh. Computershare reported a result yesterday in line with expectations and confirmed its full-year guidance. The one show of weakness was to add that it is ‘seeing some softening in the operating environment’. On the conference call, chief executive Stuart Irving added that ‘we’re working hard to meet the guidance’. In response, investors sent the stock down 8% on the day and another 3% since then. 

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