JMB 0.00% 6.0¢ jumbuck entertainment limited

market cap $5mill, cash $4mill, hot sector , page-26

  1. 269 Posts.
    Wilef,

    A quality read to maybe help you understand why companies need to adapt and re-invent themselves if they want to succeed in such a quickly evolving market.

    Need to identify the new age and carve your own niche.

    Here's the article:

    http://www.economist.com/node/21542796

    Here's the final paragraph which says it all:

    "Unlike people, companies can in theory live for ever. But most die young, because the corporate world, unlike society at large, is a fight to the death. Fujifilm has mastered new tactics and survived. Film went from 60% of its profits in 2000 to basically nothing, yet it found new sources of revenue. Kodak, along with many a great company before it, appears simply to have run its course. After 132 years it is poised, like an old photo, to fade away."

    FRESH
 
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