Chris Corrigan
Chris Corrigan
Chris Corriganis an Australian businessman. He was the Managing Director of the Patrick Corporation until it was taken over in 2006...
Chris Corrigan quotes about
bid businesses interest offers poorly structured toll
The bid is ill-conceived, poorly structured and offers Patrick shareholders a diluted interest in the high-quality businesses Toll wants.
focused national orderly pacific paul toll valuable
It would be more valuable to Patrick and Toll shareholders if (chief executive) Paul Little focused on an orderly break-up of Pacific National which is now deteriorating daily.
dominant future given greatly growth market prospect prospects regards superior toll
Patrick regards its prospect for growth in freight forwarding as greatly superior to Toll given that Toll is already the dominant supplier in this market with no significant prospects for future growth.
primarily toll
If you look at Toll as a business, it's a primarily a road-based, freight forwarding business,
buy originally pacific toll
Originally Toll wanted to buy that through Pacific National,
based believes board businesses far greater growth medium prospects relative strongly superior toll
The Board strongly believes that, based on this offer, Patrick shareholders are better off without Toll in the medium and long term. Patrick has far superior businesses and significantly greater growth prospects relative to Toll.
bid build competing crude far serious stop toll
Far from being a serious bid to build an Asian-Pacific colossus, the bid is a crude maneuver to stop Patrick competing with Toll in Australia. Patrick doesn't need Toll.
bid both failure strategy toll
The Toll bid was ill-conceived from the outset. It has been a failure of both strategy and execution.
assets belief confirmed earnings higher last learned lower months quality risk seven toll
Everything we have learned about Toll in the last seven months has confirmed our belief that Toll has lower quality assets and a higher risk earnings profile.
approve certainly
I did not know about, and certainly did not approve of, this arrangement,
automated capital investment month move next opening phase program
Our long-term capital investment program in ports will move to a new phase next month with the opening in Brisbane of our world-first automated straddle carrier terminal,
emails expect great imagine occasional odd opportunity phone receive start work
I imagine we'll start off with: Great opportunity to come into a dysfunctional organisation, work for two shareholders who are at each other's throats, expect to receive the occasional barrage of emails and the odd derogatory, blasphemous phone message,
billion charge people worry
I worry about those people (Toll) being in charge of $10 billion (combined) company,
cleaning job productive support time
The support for cleaning this up, I have to tell you, is overwhelming. And it is about time we got on with the job of cleaning up the waterfront and making it a productive place for all Australians.