19-10-2014, 03:43 PM
The big boys are doing what they are good at: counter cyclical ramp of capacity to extinguish competitors. High prices are long term negative for commodity business because everyone will rush in either with higher capacity from their increased cashflows or new entrants trying to strike gold. There's very little what the big boys can do but ride it
OTOH a downturn is what separates the good and the bad, thats where strategically the big boys will use their cash hoard and balance sheet
OTOH a downturn is what separates the good and the bad, thats where strategically the big boys will use their cash hoard and balance sheet
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Think Asset-Business-Structure (ABS)