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.
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
The concern is there'll be less capital investment and fewer buybacks.
Stuart Fraser
This is encouraging because it gives a clearer view of where they want to be. With pest control they're focusing on what they do best and where the company began.
Stuart Fraser
I disagree with people who think that the market got ahead of itself and that there will be a sell-off,
Stuart Fraser
We're ending the year on a pretty good note. The general news background has been quite positive.
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
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Based on Topics: Debts Quotes, Management Quotes, People QuotesThere was nothing there but black water and American fire power.
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