It's an extremely profitable business model. They have carved out a very good niche, being among the first to identify infrastructure investments such as toll roads.
More Quotes from Paul Xiradis:
It's hard to see where the future of Telstra's business lies, ... Its ongoing battle with the government isn't inspiring shareholders either.Paul Xiradis
Rita is one big question mark that's been removed and it's safer to buy stocks now. Companies that do business in the U.S. are naturally going to be more relieved.
Paul Xiradis
A bit of softness in steel and building materials was expected, but perhaps not to this extent. The market overall has moved up in accordance with expectations for earnings, so any company that doesn't meet them will take a bath.
Paul Xiradis
It has certainly thrown a spanner in the works from their (News Corp.'s) perspective and it is something that needs to be taken reasonably seriously.
Paul Xiradis
The outlook for the banks has improved substantially in the past six months. Housing lending has held up better than expected and business lending has been very, very strong.
Paul Xiradis
Commodity companies have in the past been price takers rather than price makers, and that won't change dramatically, but if you have greater control of your supply, that makes it more favorable to the mining companies.
Paul Xiradis
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