[sdiy] OT was Re: SSM2164 last time buy.... Leave a feedback at AD..

[Martin Klang]

On 6 Feb 2013, at 17:41, David G Dixon wrote:

> My $0.02:
> 
> Companies which only exist to make money typically don't exist for very long.

eerm... sorry to ruin your illusions, but the sole purpose of any (public) company is to achieve return on investment.

It is the legal responsibility of a company's Board of Directors to look after the interests of the shareholders.

In reality that means two things:
increasing company valuation and therefore stock value,
and making a profit to distribute as dividends.

Imagine that your CEO decides to invest in something which isn't likely to enrich the shareholders. It is then a legal duty of the board of directors to intervene.

Making money is what a company is for, your 2 cents or mine don't feature. Welcome to capitalism.

/m