DaveHughes
22 Jul 2016
Re: are the Chinese behind this "what happens when we've flogged off all the Uk assets for 30 pieces of silver?..... where are the jobs going to come from"I've been reading comments like that for decades and yet the total number of jobs in the UK keeps breaking records and the percentage of people in employment keeps rising!
give the dog a bone
21 Jul 2016
are the Chinese behind this did I read somewhere that it is probably the Chinese who are the real purchasers here. Is it illegal for the Japanese to front for the deal? what happens when we've flogged off all the Uk assets for 30 pieces of silver?..... where are the jobs going to come from. Will the UK become the next low cost , 3rd world economy ? If the Chinese get their hands on this hi tech coy, is it not game over? they'll own our nuclear power stations as well as everything else we use in our lives from plastic basins to [ insert everything you can think of]
Gainted
21 Jul 2016
Daily Mail Article The foreign takeover of British technology giant ARM might fail through lack of cash, experts warned last night.The purchaser, SoftBank of Japan, has seen its debt mountain soar more than fivefold in four years to reach £85billion.
Rhigos
21 Jul 2016
Re: Timeline for Completion Autumn I heard. No specific dates yet. Needs to be a shareholder vote and no date yet been set for that as far as I know.
sagres-bohemia
21 Jul 2016
Re: Arguments against takeover Been a bit busy today, but here's a quick reply.Firstly, ARM Holdings hasn't been bought by anybody, although that is what the media is pushing to get this deal through. An offer is exactly that, an offer - it requires share holders approval.Secondly, I fully understand the ARM business model ... hint.Thirdly, IMHO, Softbank are seeking profit and at any cost, but good on them if they aren't.And finally, credit should be given where credit is deserved - i.e. British profit should be used within the British economy.End.
iolat
20 Jul 2016
Re: HANG ON IN THERE! Hedge funds took e bit of a pounding on this one.
tradingup
20 Jul 2016
HANG ON IN THERE! I will definitely not be selling any of my holding. as soon as the bid was announced I bought afew more.My wife tells me we bought some at 50p around the time of the new technology bubble crash- can anyone recall the likes of Baltimore Technologies on which I lost a packet - andthe only one that emerged from the rubble was dear old ARM - gosh I wish I had snaffled up some more.Looking at all the informed posts it does seem that for various reasons the sp has been heldback and I will certainly vote against accepting at this price.
Telecom Spiritualist
20 Jul 2016
Timeline for Completion Has anybody seen a timeline for this deal. Put simply, when with the £17 per share hit my bank account?I know from past experience, that this can take months - sometimes more than a year.Any ideas.
ValleyFloydRoad
20 Jul 2016
Re: Offer Price? If the offer price is 1700p, how come today's price is 1673p as I type........If you want me to buy your shares then I need to have a bit of margin otherwise I'll be buying at 1700p and then selling them on at 1700p. The price is being marked down to give those who want easy money the chance to scalp a bit of profit which is fair enough - it'll be their reward for being patient. If the SP was 1700p there would be no incentive to stay on board other than to collect a small dividend. Given that there is a chance that the deal might be scuttled (albeit a very slim chance in this situation) most people would sell and bank the profits.
green.as1953
20 Jul 2016
Re: Arguments against takeover When Kraft...................Led by the vile Rosenfeld "woman" promised, one of the Cadbury Production facilities would not close down if the UK government allowed this nasty company to takeover Cadbury, the stupid UK Government allowed the takeover to take place and the nasty Rosenfeld closed down the Cadbury production and thousands of UK workers lost their jobs.Since then we have had Green the pension thief steal money from UK pensioners.Time perhaps to protect our own.I am not saying the potential purchaser would sink to the level of Rosenfeld or the nasty little fat man who waddles around London with a dopy model on each arm, But this Government needs to be aware these vile people are all around us.
DaveHughes
20 Jul 2016
Re: Arguments against takeover I agree that the price is too low. The SP has been bobbling around £10 for several years of excellent growth from ARM and undiminished potential. Before that it was stuck around £5 for a couple of year until there was a sharp move up.Without a takeover the SP is due another move up and could easily hit the £14-15 range over the next 2 years as the potential in servers and IOT becomes more apparent to everyone.This offer wouldn't look very attractive if that were the case!
megaloss
20 Jul 2016
Re: Arguments against takeover I really can't see HQ and all being transferred to Japan as you say. Tokyo isn't exactly Cambridge, they are buying into the people, ARM design things they don't make anything. The people will stay exactly as they are, hopefully th emore entrepreneural types will leave and create another winner which we can all buy into...The only bad news to be is that this ia one less listing for the LSE, but so what if the dividends go to Japan, the guts of the business remains in the UK. Thank goodness it wasn't bought by Americans and ground into dust to reduce competition...
sagres-bohemia
20 Jul 2016
Re: Arguments against takeover I also agree with your comments.This bid has obviously has been going on for a while now, it doesn't happen overnight. The share price has been held low whilst this bid has been happening - how? - profits, which should have been paid to shareholders as bigger dividends, have been used to buy-back shares over the last few years. So the company has effectively made less profit and this is reflected the lower share price. So the premium is not really as big as they make it out to be! To me it's a scam! And those bought-back shares, if held as treasury shares, will find their way to the directors pockets in the end.How many more companies, funded by PI's initially, are to be stolen by major investors when they reach momentum?All that intellectual property and patents, grown over some twenty years of hard work, given to the highest bidder, what a joke!When the time comes for the axe~- HQ and all will be transferred to Japan - IMHO.How will pension funds be affected if dividends from companies like BP, if also taken over by non-UK investors, are sucked out of the UK?This is becoming scandalous!End.
II Editor
20 Jul 2016
NEW ARTICLE: Mourning the loss of ARM Holdings "There was something almost inevitable about the takeover this weekend of chip designer ARM Holdings. It's by far our largest technology company and has regularly been subject of bid speculation. The only surprise perhaps is that it's the Japanese ..."[link]
Le Grand Meaulnes
20 Jul 2016
Re: Arguments against takeover Agreed!Disappointing that "city commentators" are talking of how *high* the premium is, which perhaps makes a higher counter-offer less likely. Fund managers who switch holdings every 6 months will be happy to take their profit and run; but surely some of ARM's institutional holders have been in it for the longer term and are more conviction holders, i.e. think like you and I do about 10 years not 10 weeks?
