31-05-2013, 09:45 AM
Silverlake has been hammered in the past for the lumpy business. He was "forced" to merged the business in 2010 partly from shareholders who are not going to pay reasonable valuations for the lumpy business. That was why it was done with shares.
Now that valuation are at a premium, he can start paring his stake down. Like Shanrui pointed out, he is not altrusitic. In fact a bit cunning in terms of keeping the maintainance business to himself originally. Guess enlightened self-interest work in this case but for sure he is no angel. Caveat Emptor.
Now that valuation are at a premium, he can start paring his stake down. Like Shanrui pointed out, he is not altrusitic. In fact a bit cunning in terms of keeping the maintainance business to himself originally. Guess enlightened self-interest work in this case but for sure he is no angel. Caveat Emptor.
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)