You won't get this either. Let me put it another way for you.
Capital markets are the sources of funding for corporate expansion. A company needs funds for corporate expansion. A company goes to the capital markets - public, private, debt, equity, hybrid. In the capital markets the law of demand and supply has not been repealed. The more investors or lenders are willing to invest and loan, the lower the cost of capital. The more investors and lenders know good things about the firm, the lower the cost of capital. Lower cost of capital is a good thing. A good story is a good thing - as long as its true (thats the trick pal, its gotta be true). Good story - good thing - lower cost of capital - higher profits. Conclusion - if you require capital, pursue shareholders interests, can report positive business fundamentals and developments, and want to increase profits, you get out there and shout it from the mountaintops. You don't blow smoke, blow horns, overstate, or understate. You state your case as accurately as possible but only if it is a good case. If it is not a good case, it is prudent to be less forthcoming in the hopes that at some point maybe you will have a good case to report.
Does that confuse you? Stick to certificates of deposit. |
