Winning is getting easier: management describes the effort needed to land each new piece of business visibly falling, wi
The model's full reasoning — Q3 2023 call → NOWe need to determine if management conveys that it has recently become easier for the company to win business than it used to be, grounded in real recent wins, and still in effect. The transcript is about Barrick Gold, a mining company. The concept of "winning business" here might relate to securing permits, partnerships, projects, or perhaps selling gold? But the question is about landing new customers, orders, contracts, or expansion. For a mining company, this could be about securing new projects, partnerships, or perhaps government approvals. However, the transcript focuses on operational performance, growth projects, and financial results. There is no mention of customers, orders, or sales cycles. The company is a gold and copper producer, so its "business" is mining and selling commodities. The question likely doesn't apply directly. But let's examine if management talks about easier approvals, permits, or partnerships. For example, they mention progress on RekoDiq, Porgera, etc. But is there a comparison against the past that winning these approvals has become easier? They mention "the long wait for the government record of decision on Goldrush has been frustrating, but the notice of availability for the final environmental impact statement was published... so we expect to receive the record of decision before the end of the year as previously guided." That doesn't indicate easier; it's just progress. They also mention "the end has finally been brought into sight" for Porgera, but that's after a long process. No mention of ease. The question specifically asks about "winning business" meaning landing new customers, orders, contracts, or expansion. For a mining company, expansion could be new projects, but the ease of getting permits or approvals is not exactly "winning business" in the sense of customers. The transcript doesn't discuss sales or customer acquisition. It discusses production, costs, and growth projects. There is no mention of customers, orders, or contracts. So the answer is likely NO. But let's be thorough. The question says "in whatever form fits the business." For a mining company, winning business might be securing new mining rights, partnerships, or perhaps selling its output. But there is no discussion of that. Management talks about "our long-term vision" and "strategy" but not about ease of winning business.
| Ticker | Company | Call | Date | Call grade |
|---|---|---|---|---|
| NICE | NICE Ltd. | Q4 2023 | 2024-02-22 | B+ |
| ACGL | Arch Capital Group Ltd. | Q4 2023 | 2024-02-15 | B+ |
| VRNS | Varonis Systems, Inc. | Q2 2016 | 2016-08-09 | B+ |
| ACCO | ACCO Brands Corporation | Q1 2016 | 2016-04-27 | B+ |
ACCO · Q1 2016 → YESThe question is: Does management convey that IT HAS RECENTLY BECOME EASIER FOR THE COMPANY TO WIN BUSINESS THAN IT USED TO BE, based on real recent wins, and still in effect. YES The transcript shows management conveying that winning business has become easier than in the company's recent past. Boris Elisman states that customers have seen the value of the company's strong brands during the past couple of seasons, resulting in broader and deeper penetration in mass retailers and continued share gains.
NICE · Q4 2023 → YESThe question is: Does management convey that IT HAS RECENTLY BECOME EASIER FOR THE COMPANY TO WIN BUSINESS THAN IT USED TO BE, grounded in real business won recently, and still in effect.
VRNS · Q2 2016 → YESThe question is whether management conveys that it has recently become easier for the company to win business than it used to be, grounded in real recent wins, and still in effect.