Walls Construction: Cruising through Covid-19, the model of a capital-efficient business
You might think shutting down sites for much of 2020 would have impacted general contractors’ financials. Thanks to its flexible business model, Walls barely missed a step.
10th Sep, 2021 - 4 min read
The FAI got its creditors to back off for a year or two – but the debts aren’t going anywhere
The FAI's ace card is that it represents Irish football and no lender would dare seize the home of the national football team and it would be a brave politician that allowed it to happen.
4th Sep, 2021 - 4 min read
Masters of survival: The inside story of how Ireland’s biggest construction firm weathered Covid-19
Construction is a tough industry, which makes the Sisk family’s staying power all the more impressive. They have done this by minimising risk in every way possible — and by using their bulk to protect their cash flows.
2nd Sep, 2021 - 5 min read
Sean Keyes on investing: The SPAC bubble has burst. Should we be worried?
There's a top of the market feel to the whole SPAC thing: companies frantically flogging their shares to eager investors, with minimal scrutiny, based on big forecasts of future growth. As the SPAC bubble bursts, should we be worried about the wider market?
1st Sep, 2021 - 5 min read
Sean Keyes on investing: ESG and private equity are pulling in opposite directions
ESG investors are trying to steer capitalism in the right direction by selling harmful assets. Hard-nosed private equity investors are only too happy to take the other side of those deals.