“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.”
“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.”
“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.”
“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.”
“It's the difference between U.S. GAAP [generally accepted accounting practices] and French GAAP. They moved to U.S. GAAP and who cares? But if you say anything you are going to be hit. There is just panic in the market.”
