Charlie Aitken fron Bell Potter Securities is in Europe at the...

Charlie Aitken fron Bell Potter Securities is in Europe at the minute, speaking to investment managers, fund managers, Pension Funds etc.

In his reasearch note today he mentions that a Very Large M&A cycle is expected when the dust settles around the world.

This is because of the very low interest rates in the northern hemisphere, combined with very low EV/EBITDA ratio's in equities.

He mentions the companys that he is most asked about, and the first one listed is AGO, because the Port Capacity is seen as the strongest asset.

also mentioned are

EXT
PDN
AWC
BDR
AKM

cheers