Given the bad blood between Chris and Paul, Pacific National has to be restructured or broken up.
More Quotes from Jason Teh:
At face value, Patrick shares should start higher. The question is whether the new Toll entity gets a re-rating in the market after the acquisition on synergy benefits, or whether debt levels will be a bigger concern.Jason Teh
The appeal of these investments is a high and steady yield, rather than their growth opportunities. There's a high element of demand for these assets at the moment.
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They have a clear mandate to grow their gaming business but they've also shown that they're not trigger-happy.
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As traditional revenue from newspapers slows and circulation declines, it's all about expanding your revenue streams to provide growth. You have to have a serious presence on the Internet.
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Things are getting tougher in New Zealand. While the rest of the world hasn't really priced in the risks associated with higher interest rates and slower growth, New Zealand's market has started to do so.
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Based on Keywords: restructuredThe positive testimony of history is that the State invariably had its origin in conquest and confiscation. No primitive State known to history originated in any other manner.
Albert J. Nock
Whenever I climb I am followed by a dog called 'Ego'.
Friedrich Nietzsche
There is a tendency to seek an objective account of everything before admitting its reality.
Thomas Nagel