You've got a strong asset with monopoly-like characteristics that is not financially burdened with debt so it has a lot of flexibility to grow the business. There's definitely demand for an investment like this. If it's a good price, we'll certainly try and get a stake.
More Quotes from Jason Teh:
Given the bad blood between Chris and Paul, Pacific National has to be restructured or broken up.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.
Jason Teh
It's not always a good thing for Australian stocks when commodities prices go up. I look at the U.S. picture first when I make decisions because the market is so huge and has a global spin-off on stocks.
Jason Teh
All traditional media is looking into new areas, trying to see whether they should grow through acquisitions. Fairfax is trying to grow the business at top price.
Jason Teh
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.
Jason Teh
They have a clear mandate to grow their gaming business but they've also shown that they're not trigger-happy.
Jason Teh
Readers Who Like This Quotation Also Like:
Based on Topics: Business & Commerce Quotes, Investment QuotesBooks are standing counselors and preachers, always at hand, and always disinterested; having this advantage over oral instructors, that they are ready to repeat their lesson as often as we please.
Louis Nizer
To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education - literacy, both verbal and numerical, and communication skills.
Alan Greenspan
Justice delayed is justice denied.
William E. Gladstone