19 Quotes by Stuart Fraser

Punch thinks they can still do these larger takeovers, and Enterprise is looking at disposals and returning money to shareholders. Punch is the more aggressive player.

Private-equity firms like strong cash flow and you have that in a betting operation. I think they want to get in there before a possible IPO.

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.

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.

It only just entered China, and there's plenty to do there, so there's concern the management may get stretched.

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.

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.

The U.S. has been a graveyard for U.K. retailers, so investors are a little cautious. It could be that it wants to a get a flavor for the market through a small operation and then make a massive acquisition to get instant size.

Size and leverage and balance sheets will overcome the protectionism.