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P3 Revision lectures new dec 2012 q1a

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › P3 Revision lectures new dec 2012 q1a

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by Ken Garrett.
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  • May 27, 2015 at 3:35 pm #249588
    leebickle
    Member
    • Topics: 22
    • Replies: 6
    • ☆

    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

    May 27, 2015 at 7:11 pm #249669
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10591
    • ☆☆☆☆☆

    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.

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