With the kind of cash they generate, after capex if any and dividends, I think, they will always look to diversify and venture into a lot of things, along with M&A. Some of these ventures may fail, some may succeed, some may just stay on paper.
And I wish the company grows into an even bigger conglomerate, with many more diversified businesses, with no demergers, so as to keep all businesses under one roof, like Berkshire Hathaway, provided they use the cash diligently, without losing tobacco sales to illegal products, and FMCG becoming more profitable, with no additional allocations to hotels etc etc.
Invested.
Subscribe To Our Free Newsletter |