The concern is there'll be less capital investment and fewer buybacks.
More Quotes from Stuart Fraser:
The background has been encouraging so I don't think it's just a Christmas rally to expire completely in January. We've seen good confidence numbers from the U.S. and Germany, stronger growth, inflation well contained. The oil price is admittedly sticking a bit around 60 but it isn't going up anymore.Stuart Fraser
Ports are a growth business on a global scale. For Dubai it would be a strategic investment for the long-term.
Stuart Fraser
We're not particularly concerned about rises in interest rates in the medium term. It's a red herring to markets and people can get too carried away.
Stuart Fraser
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.
Stuart Fraser
It's the end of a saga that devalues the Gerry Robinson brand - it was greedy of him to want such a huge salary. We'll wait and see how well Flynn gets to grip with things as this has cost him a lot of time.
Stuart Fraser
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