Originally Posted by
Left field
Thanks all for sharing your thoughts on SML.... there is a lot of learning in this one for us all.
Its interesting to reflect on the 'capital light' ethos of ATM and the 'capital heavy' ethos implicit in SML.
Yesterday I re-read parts of "The Zulu Principle' by Jim Slater...... here's what he says "Avoid companies that are capital intensive and are always requiring more money for new machinery.......some companies simply eat cash, whereas others spit it out."
I'm not saying 'avoid SML' and I appreciate this quote is not aimed at SML, however there is some learning here for those with open minds.
GLH.