In what way isn't it comparable?
Japan's SoftBank to buy ARM holdings
- Thread starter Bonjour
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In what way isn't it comparable?
A company buying up ARM isn't a company investing in the UK. Investment suggests putting money into something in the intention of reaping a longer term reward. Buying something doesn't put money into it, it just changes where the money goes in future.
Nissan investing in a UK factory is good for us, foreign companies buying up Jaguar, almost the entire Scottish whisky industry, Cadbury's and now ARM isn't good for us. There's plenty of evidence that domestically owned companies are prioritised in a way that foreign ownership doesn't deliver. Saab is a good example; a successful car company that was run into the ground and eventually killed once it acquired US owners.
Well for a start Cadbury's makes chocolate...
You can more easily move aspects of their business overseas, close down factories, make other changes to recipes/ingredients to incorporate other aspects of what was then Kraft etc..
On the other hand ARM isn't likely to be moved any time soon as the company is based around the IP created by those 3000 employees in Cambridge - they're not generic factory workers and they're not so easily replaced.
Well for a start Cadbury's makes chocolate...
You can more easily move aspects of their business overseas, close down factories, make other changes to recipes/ingredients to incorporate other aspects of what was then Kraft etc..
On the other hand ARM isn't likely to be moved any time soon as the company is based around the IP created by those 3000 employees in Cambridge - they're not generic factory workers and they're not so easily replaced.
Cadbury still make their chocolate in the UK. That hasn't changed and I doubt it ever would. What's changed is where the profits go. That's what is directly comparable here.
Such a non issue really - Cadbury's and the parent company are both publicly traded, every time someone buys/sells some shares the profits (dividends) are going to a different owner.
If you're *that* bothered about your ARM shares (which are going to make you a nice return from this deal) you're also free to invest in Softbank shares.
The criticisms around Cadbury's tend to revolve around various promises made by Kraft at the time - not the fact that the shareholders from around the world have been replaced by other shareholders from around the world.
Yes, but the profit is subject to corporation tax in the UK before dividends are paid out. That's the crucial part.
Cadbury paid about £20mil in UK corporation tax in 2014. In 2015, after the buyout, Cadbury paid zero UK corporation tax.
so basically a negligible difference in the grand scheme of things... and that was mostly due to a dodgy Channel islands based scheme rather than simply due to being owned by someone else, the sort of thing the govt ought to be cracking down on tbh...
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Arm buyout is not investing in the UK, investing in the UK is what Nissan.
My Dad sold £3500 worth of stocks 2 weeks ago, he's currently not impressed.
Associate
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They seem to have only just done well this week, up 16%, losses well over the last 5 years though.
Soldato
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Yeah but no-one cares do they, so long as their shares are going up and theres are plenty of immigrants to fill the low paid jobs so they can get even richer more quickly.
Christ I sound like a bloody Socialist.
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had 5k worth in my isa for past two years..
recovered from 30 percent down to like 0.68 percent up
yesterday I was thinking maybe I should sell, glad I didn't
woke up to a £2k profit
recovered from 30 percent down to like 0.68 percent up
yesterday I was thinking maybe I should sell, glad I didn't
woke up to a £2k profit
Sold at a 12% profit though so not too bad.Where do you think they've gone?
I had quite a large holding and then they had a share issue to fund the purchase of ABN Amro (at a hugely inflated price). My options were either to have my share diluted or purchase the shares I was entitled to purchase under the share issue. I opted for the latter and then a few months later the banking crisis kicked off. The rest, as they say, is history. I've just held on to the shares in the vague hope they might recover by the time I retire, 30 years or so from now.
There's still a class action lawsuit against RBS over the ABN Amro purchase. A lot of people lost a lot of money. At least Fred Goodwin had his knighthood (for services to banking!?) annulled.
Soldato
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