Any steel company that's not a global player, which none of the Canadian guys are, are suspect of being taken over, or potentially could be taken over.
More Quotes from Ian Nakamoto:
I think they're definitely looking for asset management companies in the U. S.. Certainly, they have a shareholder base that's confident of their ability to do a large acquisition without any hiccups.Ian Nakamoto
We were so strong yesterday that I think there is a natural inclination to sell a little bit off. But this is a dip to be bought rather than to be sold into.
Ian Nakamoto
The Canadian market will be volatile because of its high exposure to commodities. But even at all-time highs it's still worth investing in stocks, because the general outlook is still good.
Ian Nakamoto
I use dividends rather than earnings because they more accurately reflect whether a company's board feels good about its business, balance sheet, ability to sustain working capital costs, and its future in general. Earnings tell you nothing about that, and can be manipulated.
Ian Nakamoto
People own banks for consistency of results. Dividends keep increasing, that's what the banks are giving investors.
Ian Nakamoto
Readers Who Like This Quotation Also Like:
I like to sing ballads the way Eddie Fisher does and the way Perry Como does. But the way I'm singing now is what makes the money.Elvis Presley
The more one has seen of the good, the more one asks for the better.
John Mason Brown
I am definitely going to take a course on time management... just as soon as I can work it into my schedule.
Louis E. Boone