Out and about helping YOU succeed

Are there opportunities in these tough market conditions? Certainly there are.

The unanimous verdict is yes and a few of the comments are;

• Quoting Warren Buffett

• “I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.”

• Vulture Funds are picking up assets at 50% of their original value - sifting diamonds from the forced disposals

• The "baby and the bath water" - Anytime there are significant efforts to clean up the balance sheet good assets go out with bad. Tighter regulatory controls and more restrictive capital requirements are going to force companies to sell not only the credit asset classes but also other businesses that may be a significant drag to earnings and/or return on capital invested. Another purchase opportunity.

Any business with a sound balance sheet and / or access to cash should think about growth through acquisition. There are, or soon will be, businesses and other assets on the market and in some cases at vastly reduced asking prices when compared to a year ago.

There are other businesses suffering and being squeezed by their funders...they may not be "on the market" but they will be open to an approach now that they would have rejected.

# posted by Carol@YBS @ 16:02