>>Should result in continued upward pressure tomorrow. This is a huge British company.<<
I have an affinity for established businesses who are bringing in major customers and signing them on for long term contracts. When you dig deep into researching a company it is interesting to find out which ones actually have a sufficient cash flow they can depend on to support themselves through a potential down turn, or depression, in the economy.
I vividly remember the fun my two partners and I had operating a private business in B.C. the early 80's. That was during the 20% interest rate period. Well, the companies who survived, and then eventually thrived, were the ones who could rely on their cash flow to pull them through. One of the primary things Warren Buffet focuses on is a company's ability to generate Cash Flow!
>>With P&O having a global presence in air, rail, car hire, hotel, ferries and cruises through its subsidiary Princess Cruises, SCS Solars see a long and profitable association ahead."<<
This contract is just another example of SCS building a very strong foundation for the future.
Crazy Canuk
(P.S. - Don't get me wrong, I do like the occasional speculative play, but they are generally not the companies that I want to have to cuddle up to over a long cold winter) |