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Royal Mail - as I said at the time the government were just 'buyng votes'

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Old 12 July 2014, 10:47 AM
  #31  
Carnut
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The public sector doesn't run as well as the private so any time the government sell the profits will increase hence the value will go up.

As I said before you can not sell a business for more because you know the next owners are inevitably going to do a better job and increase profits. A lot of savvy business men know this so invest, the only way round this problem would be to run the business better before sale but then there would be no need to sell.
Old 13 July 2014, 10:20 PM
  #32  
hodgy0_2
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Originally Posted by chris j t
The public sector doesn't run as well as the private
I am afraid we have to move away from the the simple

public = bad,

private = good

Both have there place, remember the Internet was built on the investment and expertise of the public/non profit sector

And the private sector banking industry took us to within 12 hours of a complete and utter total financial collapse

Beware of repeating simple dogma
Old 14 July 2014, 12:18 AM
  #33  
Carnut
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Originally Posted by hodgy0_2
I am afraid we have to move away from the the simple

public = bad,

private = good

Both have there place, remember the Internet was built on the investment and expertise of the public/non profit sector

And the private sector banking industry took us to within 12 hours of a complete and utter total financial collapse

Beware of repeating simple dogma
o.k I should have said makes more profit (that's what I meant), not runs bettter, but your right the private sector isn't necessarily better and as your example with the bank's, it comes with more risk more often than not.
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