Why no MandA activity? IMF needs a bailout !!!......he!he!

[YNWA]

Strange that with "value" & "bargain @ this price" in everybodys conversation...other than the 1 minute traders.....little or no M&A activity being announced or reported on....not all gorilla companies are distressed, surely this is the ideal time to take out pesky competitors....maybe they waiting for "bargain + 10% discount for cash"...or are they going to do their shopping at the knackers yard.....latest is that the IMF is going to need a bailout package of its own, FLOL....link: http://seekingalpha.com/article/107233-imf-needs-its-own-rescue-package-now?source=yahoo

[louisg]

Where do the acquirers get their financing from?

[YNWA]

...petty cash tin Luigi, no?....take HP, great results and sitting on a cash pile....stock swaps etc....as I said not all gorilla co's are in trouble.

[_nova]

good one YNWA. Yep, and no IPO's over there lately either. I think those co's who have strong balance sheets are holding their cash under the matras. Them's all going into hibernation mode for a while as no use producing if no one's buying. I'm looking for recession beater stocks. Reckon the cash retailers who sell cheap food clothes are bout the best bet for a while no? Won't be surprised if PEP ends up with a bigger balance sheet than Edgars or even Stutties

[YNWA]

...too true amigo....checkout Mr.Price, think they printin' cash for the SA Mint dude!...and Capitec Bank, its the place to be for mass banking @ low cost...run the rule over their fig's & charts.......ja, Big Ben Dekker, larger than life & a legend in his own lifetime...grew up running in the hills buck nekkid around nKuzi eZimbini, near Lusikisiki....back in the days was the ferryman for the Capital Radio 604 crew for a while...wild & free hombré, wild & free....you from Slumtown nova....lived in Vincent Gardens Rise for a couple of years in the late 80's....cool place EL...Good trading dude 'n keep 'em FX reports flowing.

[louisg]

Correct YNWA, the co's that planned for the long term are now in the position to buy their less prudent competitors on the cheap. As they say, when there's blood in the street......