Position doing the winning: current wins credited to a standing already held, with more arriving over it
The model's full reasoning — Q3 2016 call → NOThe question asks whether management credits an already-held standing for current wins and conveys that more business is arriving over that same standing. Looking at the transcript, Drew Sims discusses Houston: "our hotel is making great progress in the months of July and August there... we have been running, we went from 50% to almost 80% fair share almost immediately the first week of September and had maintained that fair share since then and we've seen positive results in our food and beverage operations which are kind of been the key to driving business into the hotel. We've got three food and beverage outlets that appeal to the local community, and we're getting a lot of traction there." Here, the standing is the hotel's food and beverage outlets and the product/service reputation (being number three hotel in Houston). The wins are current (fair share improving, F&B traction). But is more arriving over that standing? He says "we think that we'll survive the next couple of year but the real positive in Houston for us has been our guest reaction to the product and service that we put into the marketplace" - this suggests the standing (product/service quality) is driving current wins, and he expects it to "pay dividends in the future." However, the continuation is somewhat vague - he says "we're getting much improved financial result in the fourth quarter" and expects hotel NOI to "increase substantially over where we've been in the last six months." That's a projection, but grounded in current traction. But wait - the question asks about "CURRENTLY winning business" and whether the standing predates the period. The Houston hotel was converted (the Whitehall) - the conversion was recent, and the ramp-up is ongoing. The standing (the new boutique product) was built recently, but it's already in place. The wins are happening now (fair share improvement). The continuation is that they expect further improvement. However, the question requires BOTH halves: (1) an already-held standing is doing the winning, and (2) more is arriving over that same standing. In Houston, the standing is the product/service quality and F&B outlets. The wins are current. The continuation is somewhat projected but grounded in current momentum. But let me check other parts. The Savannah renovation is ongoing - not completed.
| 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+ |
| CHT | Chunghwa Telecom Co., Ltd. | Q4 2023 | 2024-01-30 | C |
| IMAX | IMAX Corporation | Q2 2023 | 2023-07-26 | B+ |
| SPIR | Spire Global, Inc. | Q1 2023 | 2023-05-10 | B |
| FTHM | Fathom Holdings, Inc. | Q1 2023 | 2023-05-10 | C |
| BXSL | Blackstone Secured Lending Fund | Q1 2023 | 2023-05-10 | A |
| POOL | Pool Corporation | Q4 2022 | 2023-02-16 | C+ |
| EXFY | Expensify, Inc. | Q2 2022 | 2022-08-12 | D |
| HLIO | Helios Technologies, Inc. | Q1 2022 | 2022-05-10 | C |
| BXP | Boston Properties, Inc. | Q1 2022 | 2022-05-03 | A |
| GFS | GLOBALFOUNDRIES Inc. | Q3 2021 | 2021-11-30 | A |
| WMB | The Williams Companies, Inc. | Q3 2021 | 2021-11-02 | B |
| PRIM | Primoris Services Corporation | Q2 2018 | 2018-08-11 | C+ |
| ORAN | Orange SA | Q2 2018 | 2018-07-26 | B |
| ROK | Rockwell Automation, Inc. | Q4 2017 | 2017-11-08 | C |
| MKTX | MarketAxess Holdings Inc. | Q3 2017 | 2017-10-25 | C+ |
| LEA | Lear Corporation | Q2 2017 | 2017-07-26 | B+ |
| HPP | Hudson Pacific Properties, Inc. | Q4 2015 | 2016-02-25 | C |
EXFY · Q2 2022 → YESThe question is about whether management credits a standing the company already holds as the reason they're currently winning business, and that more is arriving over that same standing without a new ...YES The transcript shows management crediting their pre-existing bottom-up adoption model and differentiated platform position (already in place since day one, with SMB focus and unique acquisition mechanics) as the operative cause of current wins. This is evident in statements like the model being "overwhelmingly driving the success of our business" and competitors routing customers to them due to the same standing. Further business is conveyed as already arriving through the same position, with trends continuing and the best quarter ever achieved on that foundation, even as they note additional investments in sales and conferences.
FTHM · Q1 2023 → YESThe question is about whether management credits a standing the company already holds as the reason they're currently winning business, and if more business is arriving over that same standing without...YES The transcript shows management crediting the company's pre-existing low-cost flat-fee model, owned technology, and culture-driven retention as the durable standing already in place that is generating current wins (market share gains, 18% agent growth, 60% of March referrals, and transaction resilience vs. peers). They describe these as flowing directly from that standing rather than fresh effort, while conveying continuation through the referral program's ongoing positive impact and the model's ability to draw more agents without proportional new marketing push.
ORAN · Q2 2018 → YESThe question is about whether management credits a standing the company already holds as the reason they're currently winning business, and that more is arriving over that same standing without a new ...YES The transcript shows management repeatedly tying current wins (net adds, ARPU growth, EBITDA expansion) directly to a pre-existing durable position: the #1 convergent operator status already achieved through prior leadership in fixed/mobile networks and fiber rollout, plus the installed base of 10.