Stuart Fraser
Stuart Fraser
bid business fist knocked management might needs nice otherwise parts
It's a nice price, but there might be some other parts of the business to be knocked off too. The management needs to make a fist of its strategy. Otherwise we'll see some bid activity.
brand cost gerry gets greedy grip huge robinson saga wait
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.
admittedly background bit christmas confidence good inflation numbers oil price rally seen sticking stronger
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.
final higher maybe offer pressure thinks waiting
There is no pressure on Clara. Maybe she thinks the Nasdaq offer is not the final offer, and she's waiting for a higher bid.
bid bit deals debt few financing interest management people pressure quite rates rejects seen walk
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.
carried concerned interest markets medium people rates red rises
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.
direction front job quite
There are some encouraging signs. They're going in the right direction. Still, they've got quite a job in front of them.