Telecom Spiritualist
18 Aug 2016
Re: Intel I doubt it. But having read the piece in today's The Times (page 44, col 5), I'm more convinced that £17 is not a great deal for shareholders. Rival now buying chip designs from ARM and cancelling a programme of their own. Shows how far ahead ARM are.
gamesinvestor
18 Aug 2016
Intel [link] there more to this?Will they step in at the nth hour?Games
BlasterMaster
17 Aug 2016
Re: If you do not like takeover vote aga... I have already voted AGAINST the takeover because I strongly believe that ARM is worth more and should remain within the UK. Why hand over intellectual property rights and know how? That's how in part we lost our car industry, no ARM should stay British.
Chip_Scashtin
16 Aug 2016
Write to MPs I know they are all on holiday, but they get email!And they know that if one person has bothered to write there are 20 who agree with them (figure plucked from air).If all investors unhappy with this rip-off takeover, which mostly seems to be for the benefit of the board (to the tune of at least £30m, according to Mail markets) email their MPs asking that this deal be referred to the Competition and Markets Authority then it would be a start.And don't forget to send in your proxies or get your stockbroker to vote for you if you are in nominees.It may be a done deal but we might as well make what effort we can ... the whole thing is a bad idea, but the price is a particularly bad idea.
bloppy
15 Aug 2016
Re: ARM's weak management It must be realised that ARM's intellectual property was the real reason for the take over. All this valuable bank of knowledge and info will now move into Japan. Does anyone remember the 80s when Japan was a tech giant? It could be the start of something big here in Japan. It's quite likely the buyer will be producing new innovative product from ARM's designs to be made by Japanese manufacturers very soon. Unfortunately it means the UK won't benefit much, even though the UK Gov said it was great for Britain, but then they've always tended to be wrong about anything affecting the UK economy. I also heard from an ARM employee that the shares will soon de-list from the UK stock exchange too. It's a rough deal but hopefully the UK may be able to learn from it.
gamesinvestor
15 Aug 2016
ARM's weak management If you look at the reaction of William Hill's management in the light of a high risk offer from 888 and Rank, it's incredible that the ARM management have not got the economic nouse to realise the ARM shareholders are being sold a Turkey and the ARM employees are at incredible risk when you look at the £118BN debt carried by Softbank :-"""But the bookmaker was unimpressed. "Under the revised proposal, William Hill shareholders continue to be offered a substantial proportion of their consideration in highly leveraged BidCo shares and so it is directly relevant that the board of William Hill continues to believe that a combination of William Hill with 888 and Rank will not enhance William Hill's strategic positioning or deliver superior value for shareholders compared against William Hill's strategy, which is focused on increasing the group's diversification by growing its digital and international businesses," it said in a statement on Monday morning."""Games -- Time someone else steps in here at the nth hour and takes over ARM at a sensible price - like 50% up on the current offer and dumps the ARM management on the street.
gamesinvestor
15 Aug 2016
Re: Waste of time - Chairman and board s... "probably because they don;t really understand what ARM does"probably true, a bar of chocolate is about as far as their brains will stretch when it comes to British industry.Look -- even Marks and Spencer have signed up to taken cotton back from a resurgent textiles industry and here we are giving away one of the highest margin, and most strategic technical successes to a known gambler in Japan.Ludicrous!!Games
tradingup
13 Aug 2016
Re: Waste of time - Chairman and board stitc... in total agreement games but it looks as though we're stitched up.I've just had my paperwork from HL{now filed away} but with the Court hearing in late Augustand money to be paid out to us on Sept 3? it looks like an open and shut case. very sadand no doubt they're getting a unique product at well below its underying value.Strange though that hardly a murmur in the media - and certainly nothing from the businesshating BBC - probably because they don;t really understand what ARM does. Mucheasier for them to make a racket when Cadbury was taken over, Now, that they couldunderstand!
gamesinvestor
12 Aug 2016
Waste of time - Chairman and board stitch up Given that the document intends to let ARM operate as a completely independent unit of Softbank (which I don't believe - remember Cadbury?), then there is no strategic reason why ARM should sell the company at all. It doesn't need the money, it has no debt and it has cash in the bank - there is no need at all.Notwithstanding the fact that the price is a complete joke -- I don't see how the significant members of the board and significant shareholders have the brass neck to do this.Softbank will benefit from the growth of ARM, but the real danger is they will kill it as Softbank's huge debts and paltry business starts to fold and they renege on the agreement under financial pressure.ARM employees could be out of work within a few years if this goes pear shaped.It's a complete and utter disgrace.Games
gamesinvestor
12 Aug 2016
Dividend I take it the ex-dividend date is 2nd September, which is the date proposed for the suspension of trading after 6
0PM on that day, as specified in the document.Let's hope this whole thing collapses, or someone with serious money stops this farce.Games
gamesinvestor
12 Aug 2016
Re: If you do not like takeover vote against R -- There are two requests to vote:-1. Court Meeting - 30th August and 2. General Meeting - 30th August.I will be voting against all resolutions in each case.Games
Rhigos
09 Aug 2016
If you do not like takeover vote against If like me you take the longer view, as many other investors do, and like Britain owning a 1st rate high tech heavy weight world leading company, vote against bid. IMO without SoftBank Group owning ARM SP could based on 10 year trend be above £30 a share in 2 years time At current SP it has just a reverted back to 10 year trend line following 5 years of below trend performance. Allowing for fall in value of pound SoftBank are getting ARM on the cheap. Here is a link to pdf file containing details of scheme:[link] voting note will not go ahead if holders of 25% of shares vote against :"9. Conditions to the AcquisitionThe Conditions to the Acquisition are set out in full in Part III of this document. In summary,the Acquisition is conditional upon, among other things
a) approval of the resolution to be proposed at the Court Meeting by a majority innumber of the Scheme Shareholders as at the Voting Record Time present andvoting (and entitled to vote), in person or by proxy, representing 75 per cent. or morein value of the Scheme Shares voted by such Scheme Shareholders;(b) approval of the Special Resolution necessary to implement the Scheme, to beproposed at the General Meeting, by at least 75 per cent. of the votes cast by ARMShareholders in person or by proxy; and(c) sanction of the Scheme by the Court and the delivery of a copy of the Court Order tothe Registrar of Companies. "In will take more than just PIs but perhaps some institutions will take long view, though would not bet on it.Those like me with shares in an ISA therefore nominee account should be able to instruct your brokerage company to vote how you wish. default they will vote in favour as an approved (by ARM board) bid.
gamesinvestor
08 Aug 2016
Re: QUALCOMM PROBLEMS "Qualcomm problems? -- The only problem Qualcomm has right now is it has made a counter bid for ARM."correction -- "hasn't", not hasGames
gamesinvestor
08 Aug 2016
Re: QUALCOMM PROBLEMS "would hate to think any unsighted missile could destroy our forthcoming bonus."I do, this deal is a disaster and it'll kill ARM, as Softbank gets dragged under with it's gargantuan debts.Qualcomm problems? -- The only problem Qualcomm has right now is it has made a counter bid for ARM.Games - less concerned about the bonus and more concerned about the massive long term opportunity ARM presents -- ARM has no debt, a big cash pile and is growing at a pace. It doesn't need to be taken over by a debt mountainous company with dwindling profits and tiny margins.
tradingup
08 Aug 2016
QUALCOMM PROBLEMS hope this worrying news ref Qualcomm and Android phones wont have any read across to us.tech posters may be able to advise, would hate to think any unsighted missile could destroyour forthcoming bonus.
