Quote:
Originally Posted by iggy_oi
Try to keep this in mind when your read things like the story about the western feedlot closure, we don't know what all the financial numbers were that were involved with their decision making, the same as with, to a lesser extent, a lot of the oil and gas companies who decide to look elsewhere for opportunities. Maybe that company was hurting financially before and this was the final nail in the coffin? Or maybe $5M in profits wasn't worth the investment to them compared to what they were making before. Has anyone here seen a financial report of theirs? .......
|
Why does this matter? Is it good to drive nails into the coffins of businesses?
If a company invests $500MM and earns $5MM profit, they will look elsewhere. Not because they are evil, but because they can put that $500MM in the bank and earn more profit while taking less risk.