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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › P3 Revision lectures new dec 2012 q1a
Hi Sir,
When looking at the financial performance of steeltown information technology, would it be fair to say that it is a value trap business in Ashridge portfolio terms, as steeltown IT (the subsidiary) needs help but the holding company (EA group) is unable to offer the help that is needed due to steeltown being a diversified company within the group portfolio
thanks for your time (ps I might have posted this twice so please ignore the duplication if that is the case)
Cheers
That would be a fine point to make. EA simply knows nothing about this type of business and is being a bit arrogant to think that it might be able to help.