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Letter "S" » Stuart Fraser Quotes
«Punch thinks they can still do these larger takeovers, and Enterprise is looking at disposals and returning money to shareholders. Punch is the more aggressive player.»
«Private-equity firms like strong cash flow and you have that in a betting operation. I think they want to get in there before a possible IPO.»
«The concern is there'll be less capital investment and fewer buybacks.»
«This is encouraging because it gives a clearer view of where they want to be. With pest control they're focusing on what they do best and where the company began.»
«It only just entered China, and there's plenty to do there, so there's concern the management may get stretched.»
«The U.S. has been a graveyard for U.K. retailers, so investors are a little cautious. It could be that it wants to a get a flavor for the market through a small operation and then make a massive acquisition to get instant size.»
«Size and leverage and balance sheets will overcome the protectionism.»
«We've had a good run, particularly in the UK and Europe, we've had a good start to this year. Most people's (year) targets were for 6,000.»
«There is no pressure on Clara. Maybe she thinks the Nasdaq offer is not the final offer, and she's waiting for a higher bid.»
«We have seen quite a few people walk away from deals after the management rejects it. Interest rates are going up. Debt financing is costing more, so that's going to put a bit of pressure on what people can bid for.»