Danielle Ecuyer
speaker
864 appearances
2 recordings
1 series
first heard Oct 2021
last heard Nov 2022
Danielle Ecuyer’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
They just kept on saying, we're riding the property cycle, we'll pay out these lovely, lovely high payout ratios.
Meanwhile, the fintechs,
right, came around the back door and said, hold on, you guys are ripe for disruption.
And that's even though they've taken a step back at the moment, that trend is probably still in place.
So I would say investing is really important.
Sorry, sorry.
I'll just say the bottom line is companies need to invest for the future.
You do not want, but equally, they can't go completely AWOL like Zuckerberg's going, where if you would attract revenue versus cost, so you're suddenly seeing the costs crossing the revenue line and cash flows are going to go backwards.
And that's why you see investors freaking out.
Oh, it'll be in usually in the annual reports and the balance sheets.
They will have research and development.
Sorry, Kate, can I just add a little bit just on, because Owen's exactly right, there's different shades, yet again, of that investment.
The key question you've got to ask yourself, right, yes, companies like Xero and Amazon investing for the future and they've decided that they wouldn't
Amazon was self-funding its billion-dollar warehouses in the same way that Tesla is going to self-fund its gigafactories.
But some companies have to use debt.
This is really, really important in this cycle that you have to appreciate whether the companies are self-funding from cash flow or
which Meta is trying to do, or whether or not it's coming from debt.
Because debt in a rising interest rate and environment, and I think I mentioned this to you, Owen, at the dinner, is that a lot of people have, I was really heavily bashed around the head when I was an analyst and learning about all of this.
It goes back to the basics.
It goes back to how much cash flow is coming out of the company, how much debt they have,
Showing 141–160 of 864 · page 8 of 44
← Previous
Next →