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I thought I would make a thread on what caught you eye in the news good or bad. This follows on from last week when I posted about the MP Lee Anderson who suggested we could cook a meal from scratch for 30p and foodbanks weren’t needed if we could cook.
So today another Tory MP Racheal Maclean the safeguarding minister has said “That people struggling with the cost of living should take on more hours or move to a better-paid job”
How does a comment like this help the most vulnerable in society. Those that can’t work, the disabled pensioners or even those that can only take up low paid work for what ever reason. I find Mp’s and ministers are so out of touch with with the public, the comments they come out with are beyond nonsense.
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You obviously dont understand that the LSE has lost the chance for ARM to rejoin it but I’m afraid that’s your problem.
Up untill 2016 ARM, listed on both the Nadasq and London exchanges, the company then went into private ownership under SofyBank.
SoftBank has said it it will be looking at listing on LSE in due course, or have SoftBank blamed brexit – Have you any proof to say otherwise?
Perhaps if you had a greater understanding of Nadasq, you would see why they SoftBank have chosen this for it first listing, rather than London or Wall street or any other exchange.
You really should stick to the subjects you understand and avoid conspiracy theorists if you want to be taken seriously.
Really, coming from someone who thought SoftBank was listing ARM on LSE and we had lost something we never had. Someone who didn’t know ARM was put into private ownership, since its purchase in 2016.
Do you really think SoftBank would expand its business in the UK, if its owners were at all worried about brexit!
You haven’t a diddly squat what I know about ARM, although it certainly looks more than you do!
@Wigwam did you read the part, you and I are the three wise monkeys ??
@kezo said
“You haven’t a diddly squat what I know about ARM, although it certainly looks more than you do!”
Like you I didn’t know a lot about ARM and like you I have merely regurgitated information from experts. Unlike you I quoted from the likes of the BBC, CNN, CNBC, Schroders, Bloomberg etc to illustrate it was a straight choice between Nasdaq and LSE with one beating the other. London lost the chance to sign ARM Nasdaq won, even though the UK prime Minister lobbied Softbank to convince them to choose London.
“How can we have lost something we never had?”
You’ve already admitted that prior to 2016 ARM was registered at the LSE so how can you say we never had it? The big difference with ARM’s previous “dual” listing is that London was the Primary listing and Nasdaq the secondary. The Nasdaq is now the primary and more important listing which is why it’s being reported as a loss for London. If you dont believe me look it up for yourself.
These are some of Desantis supporters.
Jewish bodies and other Florida politicians have tried to get Desantis to disown these people without success.
There’s an old saying that you can tell a man by his friends.
Hardly a ideal role model to recommend Brexit.
What did Desantis say about them, Daf? Shall I help you?
He called the protesters “some jackasses doing this on the street” and suggested the matter was a police issue. “First of all, state law enforcement is going to hold them accountable because they were doing stuff on the overpass, so they are absolutely going to be doing that and they should do that.”
Like you I didn’t know a lot about ARM and like you I have merely regurgitated information from experts. Unlike you I quoted from the likes of the BBC, CNN, CNBC, Schroders, Bloomberg etc to illustrate it was a straight choice between Nasdaq and LSE with one beating the other. London lost the chance to sign ARM Nasdaq won, even though the UK prime Minister lobbied Softbank to convince them to choose London.
You have allready said for me to stick to what I’m good at. Well you should know I past my city and guilds in electronics at the age of 16 and went on to pass my BSc in electronics. I also served an apprenticeship at Michelin Stoke., which you would of course know! Guess what what my hobby is to. Asides that I heavily invest in chip makers as part of my future pension. So I have a great interest!
Unlike you the biggest part of my information came from monthly tech magazine subscriptions and a lesser part the FT.
Unlike you I know alot more about Nadasq. Nadask composite and Nadasq 100 have a heavy weighting towards tech companies of nearly 95%. London on the other hand is far more diverse. If you were listing for the first time, which would you have chosen?
If you were PM would you have lobbied, hoping they would choose you?
Everything you have quoted has been through the eyes of the co founder who sold the business 8 years ago!
“How can we have lost something we never had?”
You’ve already admitted that prior to 2016 ARM was registered at the LSE so how can you say we never had it? The big difference with ARM’s previous “dual” listing is that London was the Primary listing and Nasdaq the secondary. The Nasdaq is now the primary and more important listing which is why it’s being reported as a loss for London. If you dont believe me look it up for yourself.
This confuses me and I don’t know what to think other than youve read something took bits and twisted it to your narrative.
Indeed I said ARM was registered to London and Nadasq. Infact under ARM Holdings as it was known prior to 2016, listed for 18 years and then delisted.
Since SoftBank purchased ARM in 2016 it was put into private ownership untill this year when SoftBank is planning to list ARM for the first time. I previously commented “ARM has never been listed under SoftBanks ownership. Therefore we have lost nothing because we had nothing to loose” You have twisted this for your own narrative!
Even if Brexit had never happened, SoftBank were right to list ARM on Nadansq, due to the type of exchanges they are, in the first instance. They have also said it will list in London in due course. SoftBank are also expanding ARM in the UK. This doesn’t show any brexit concerns. However you can rest assured we gained Shell!
@Daf You should should be aboslutely ashamed of yourself!
It is bad you writing the word but putting pictures up with that flag on is disgusting. How do you know there aren’t any members or anyone who are decendants of a certain group.
You do not deserve to be on a forum like this. Take from me as an admin on another forum, you would be banned!
Thats rich given it was you who brought his name into the debate. In my experience the best way to fight fascism is to shine a light as brightly as possible. It’s not the odious flag we should be afraid of it’s the fascists holding it and people, including on this forum who make excuses for them.
If I were you I would take a long look in the mirror as to why you used him as an example of a Brexit supporter before casting judgement on others. I merely pointed out the kind of man he is and his supporters.
I dont twist things to my narrative I just stick to my guns and pump out facts. ARM as you agreed was a member of the LSE from1998 to 2016 up until the takeover by SoftBank which you have agreed with. Now the sentence I used may not have been the best crafted but it is totally accurate to state as did many of the news outlets that this was a case of Nasdaq winning at the expense of the LSE.
You said “How can we have lost something we never had?” well actually we did have its listing till 2016. In any case the battle was between LSE and Nasdaq now, which as the news outlets were quick to point out was a win for the Nasdaq.
I said “We have lost the listing of this company from London” which was factually correct. Nasdaq won LSE lost and I never thought or mentioned SoftBank as being registered at the LSE.
Good to bear about your qualifications kezo and for the record I was a fully qualified Financial planner for 23 years dealing in Portfolios dealing with Shares ,Gilts, Property and Cash. So I know a little about the subject.
I’m now going to look at one of my favourite films Hacksaw Ridge which if you haven’t seen it is a gem based on a true story.
Good night
To use a kezo he did diddly squat and he never will. He is known in the USA for his extreme right wing views and racism and is known as Trump with a brain. Their views are his views except they are out in the open about it.
Speaks volumes for your views that you see nothing wrong with that appalling photo. Judge a man by his friends.
Below is what the Israeli ambassador said of Florida’s acceptance of racism under DeSantis.
“How can it be that less than a century after the Holocaust, a Neo-Nazi group in the U.S. calls for a National Day of Hate against the Jews – and there’s no uproar? Have we learned nothing? Have we forgotten that words lead to actions? I pray for a peaceful Shabbat for everyone.”
— Ambassador Michael Herzog (@AmbHerzog) February 24, 2023
I say again what a wonderful example of a pro Brexit American politician.
I dont twist things to my narrative I just stick to my guns and pump out facts. ARM as you agreed was a member of the LSE from1998 to 2016 up until the takeover by SoftBank which you have agreed with. Now the sentence I used may not have been the best crafted but it is totally accurate to state as did many of the news outlets that this was a case of Nasdaq winning at the expense of the LSE.
I have just done a quick search “is Nadasq winning at the expense of London, ” which returned no results. I then opened Windows and asked the same question and this came up “I’m not sure what you mean by “winning at the expense of London with ARM”.
You said “How can we have lost something we never had?” well actually we did have its listing till 2016. In any case the battle was between LSE and Nasdaq now, which as the news outlets were quick to point out was a win for the Nasdaq.
Put Brexit to one side a minute and I’ll ask you the question again. If you were the new owner ARM and you were listing the company for the first time since ownership. Would you list on the most tech heavy exchange, where the main chip makers list or would you gamble and list on an exchange that is very diverse? I know where i’d go if it were my company.
Yes ARM Holdng listed on both exchanges under its previous owner. Under its current owner ARM has not listed for 7yrs, so it can be seen factualy correct we have not gained or Lost anything.
“SoftBank founder Masayoshi Son said the Nasdaq remained his “favourite” for now, Son told the annual meeting of SoftBank shareholders in Tokyo when asked where he planned to list Arm.
He added that most of the chip designer’s customers were in Silicon Valley and that “stock markets in the US would also love and be best for Arm”.” June 2022.
I don’t know how much you actually know about SoftBank in general. However SoftBank has financial troubles aren’t over, so it might not end up the golden egg you visioned!
SoftBank has said
A successful offering at a targeted valuation of at least $50bn would be important to boost SoftBank’s finances after its Vision Fund reported a historic annual investment loss of ¥3.5tn ($27bn) last month
Reflecting these pressures, rating agency Moody’s has cut SoftBank’s credit outlook from “stable” to “negative”, citing a drop in the value of its portfolio and estimating that SoftBank’s leverage has increased.
Moody’s said the collapse of Arm’s sale to Nvidia “showcases the challenges around quickly realising full value for such stakes”. It added that SoftBank’s plans to list Arm “face execution risk in the timing and valuation”.
In contrast to a sombre earnings presentation in May, during which Son outlined a shift to a more defensive posture, on Friday the SoftBank chair sought to project confidence.
“I have never, since the start of my company, been in doubt even for one day that the information revolution will come,” said Son.
To illustrate the point, he presented slides showing SoftBank’s portfollio growth mirroring the rise in internet traffic over the years and predicted that the trend would continue.
“I believe in the vision of future progress and that’s what I invest in . . . it will come for sure,” Son said.
SoftBank group shares have fallen by around a third since last year’s annual meeting, but Son urged shareholders to take the long view:
“Peaches and chestnuts take three years and persimmons take eight years, even fruit takes that long,” he said, quoting a Japanese proverb. “I’m confident if you wait five to 10 years there will be something delicious.”
Perhaps this explains why they wanted to sell ARM to Nivada. However I am a strong believer that the UK government should have purchased ARM Holdings in 2016. It has nearly 95% monopoly on what it does.
@Daf DeSantis said state law enforcement will “hold them accountable” because the individuals involved had hung flags on the fence of a highway overpass, which is a violation of Florida law, calling them “jackasses” according to the Jewish paper.
Last month he signed a bill to strengthen his state’s ability to combat antisemitism on his vistit to Israel according to an Israely press.
Earlier last month Cleverly hosted him in the UK. He is also the Repulican favourite for the residential election!
However given you hate the Tory’s and if your support is with Labour, is your comment a little hypicritical!
Yes we have watched Hacksaw Ride and found it very good 🙂
Facts don’t matter to Daf. DeSantis said he supported Brexit. It seems that’s enough to raise his bile.
This is getting a bit boring but I’ll try once more. Try googling ” Is losing ARM a big blow to the LSE”
I would have thought it obvious if you have two adversaries I.e Nasdaq and LSE trying to attract a leading company like ARM, there will be a winner and loser. Its universally accepted that LSE lost this one, but if you cant see that so be it.
As far as ĎeSantis is concerned I would have had more respect for you if you had admitted your mistake in using someone like him as a good example of a Brexit supporter.
If he wished as governor of Florida he could outlaw what is in most decent peoples opinion a terrorist organisation. But all he does is give them a mild rebuke and they keep attending his political events.
If you are really interested in the truth try googling Ron DeSantis racist connection.
You wouldnt know a fact if it came up and bit you.
You’ve just spent too much time on those right wing conspiracy theory sites.
@Daf. I think you spend too much time on those left wing conspiracy theory sites.
You are always ready to resort to insults when you’re losing. Probably best if you stop now.
Daf, I suggest you have a look at the broader spectrum of this forum and consider the site posting rules about respect for other posters. it is not a site for confrontation and argument and this thread has become an example of how not to use WMC forum. You are goading others into replying in the same angry voice that you are “shouting” with. If you’re looking for a political or sociological argument them please look elsewhere.
He has turned Florida into a centre for far right groups and they know they can act with impunity.
If you and Wigwam think he is anything other than a racist and bigot in the Trump mould then people will draw their own conclusions.
Wigwam, can I ask you to refrain from this “verbal fight”, as you know that we do not run this forum for these kinds of discussions. There are other sites where angry disagreements are encouraged, but this is definitely not the place for these acidic exchanges of views.
POPS, I’m always up for a healthy discussion based on facts and reason. If you think angry and acidic characterises my posts, then I think you should look again. Happy to go elsewhere if I’m not wanted.
Wigwam, I’ve known you through your posting for a long time. I know that you have forthright opinions that you are always willing to share, but I also know historically that you love an argument. On this occasion I’ve asked you to desist because Daf is pursuing what has descended into a left/right wing argument with you. The posts are becoming unpleasant, and this is clearly not the purpose of this site.
Fair enough, as far as I am concerned I have merely given as good as I got except I used verifiable facts and called out a racist who was mooted as a Brexit supporter. But I accept your point.
Happy to oblige, but you know well that Daf will pick a fight with anyone whe doesn’t share his world view. Can I suggest respectfully that as a moderator you should be nipping his nonsense in the bud.
Can I suggest respectfully that as a moderator you should be nipping his nonsense in the bud.
No.
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