IMG

IMG

Friday, 19 September 2014

Richard Woolaston question

We've had times of profits and now we're in a loss situation while investing heavily, when are we going to be actually monetising the investments or are we going to be eternally re-investing.

Answer is basically we got unlucky in timing where we got shafted by conditions when we were heavily investing in the future businesses. Expectations 2-4 years for return to increasing profit levels better than the old days.

HY said he wouldn't be invested in IMG if we were only graphics "because ARM would have pressured us in the low end - which they did..."

"I only invest in business directions where I see profits at the end of it. I hate blue sky thinking without money at the end"

No comments:

Post a Comment