“As traditional revenue from newspapers slows and circulation declines, it's all about expanding your revenue streams to provide growth. You have to have a serious presence on the Internet.”
“The appeal of these investments is a high and steady yield, rather than their growth opportunities. There's a high element of demand for these assets at the moment.”
“Things are getting tougher in New Zealand. While the rest of the world hasn't really priced in the risks associated with higher interest rates and slower growth, New Zealand's market has started to do so.”
“Globally, steel shares are up as some people are pricing in potential takeovers. Consolidation will help shift the balance of power against the raw materials suppliers.”
“If they want to use shares to buy a company, then if their shares fall it will make it harder for that takeover to proceed. The market's probably getting a bit of indigestion as regards to the size of the predatory move.”