The guidance is going up and the numbers were above expectations across the board, particularly on the integration of Allied. It's pretty good news all round.

The guidance is good, and people are happy about the numbers.

In terms of disclosure, we haven't known a lot about the cost structure.

It's a little bit of a cooling off, but a half percent isn't bad.

There's been a cooling off in the U.S..

That obviously has an effect on anything to do with mobile phone components. It helps the whole sector generally.

Consumers will be squeezed with higher interest rates, which is not good news for the market generally.

Everybody thought it was a done deal on Friday, but now they are not so sure.

We are still breaking new highs, but I think we are starting to run out of steam.

It is all M&A fueled. The momentum is very much on the back of M&A stories, but there comes a point where things get too expensive to be taken over.