kwackers wrote: .....Still, $32Bn into the economy isn't to be sniffed at. I know a few people who will have benefited....
Heck we'll have 2 billion to spare after we've spent 30* on Trident
*at it's present estimate anyway
kwackers wrote: .....Still, $32Bn into the economy isn't to be sniffed at. I know a few people who will have benefited....
al_yrpal wrote:As for ARM, a company that needs investment to continue its success. As usual the banksters in tbe City arent coming forward, too busy on their Playstations spread betting and shorting stuff. So, like many other originally British businesses it takes foreign money to back British innovation and design to prosper. Think Jaguar Landrover. I agree its appalling, but, thats the City, full of people with only one god and no imagination whatsoever. The Germans call them locusts.
kwackers wrote:
ARM is an asset strip.
The promise of jobs is to sweeten the pot and stop people worrying. The cost of keeping them doesn't add much to the final bill. Be interesting to see what happens a few years down the line.
reohn2 wrote:Al where's yer money invested then that it's getting such good returns?
kwackers wrote:al_yrpal wrote:As for ARM, a company that needs investment to continue its success. As usual the banksters in tbe City arent coming forward, too busy on their Playstations spread betting and shorting stuff. So, like many other originally British businesses it takes foreign money to back British innovation and design to prosper. Think Jaguar Landrover. I agree its appalling, but, thats the City, full of people with only one god and no imagination whatsoever. The Germans call them locusts.
ARM design chips. Their value is on the patents for the chips they own, armed with those patents it's fairly straightforward for anyone to 'take over' the design. There's no value in the building or infrastructure and not a huge value in the workforce, indeed most of those jobs can be done in Asia for significantly less.
They don't need investment, they don't even make the chips they basically just license the designs. In theory one bloke sat at a computer can do it.
Manufacturers (like Jaguar Landrover) are different. Making physical things they need modern production lines which in order to be efficient can cost 100's of millions plus an accessible workforce (preferably one that's cheap), a lot of space, storage and decent transport options.
ARM is an asset strip.
The promise of jobs is to sweeten the pot and stop people worrying. The cost of keeping them doesn't add much to the final bill. Be interesting to see what happens a few years down the line.
al_yrpal wrote:reohn2 wrote:Al where's yer money invested then that it's getting such good returns?
In 'dog' companies paying a consistently high level of increasing dividends. Unexciting large businesses too big to fail (although some of them have ), not the sort of company at which you might possibly make a quick buck. The sort Captain Mainwairing might advise Private Frazer to invest in. When one goes down, others are up. And in the down ones the top brass soon get replaced and up they go again… 4.1% tax free better than any bank, but you have to keep your nerve like in 2008.
Its a great big International world. Whoever planted that Acorn must be like a cat with the cream… As for the founder presumably at some point he took the money and ran?
Al
Psamathe wrote:I see the Ms May has put herself in charge of the Committee overseeing Brexit. I wonder how much she trusts the 3 stooges.
Ian
53x13 wrote:Psamathe wrote:I see the Ms May has put herself in charge of the Committee overseeing Brexit. I wonder how much she trusts the 3 stooges.
Ian
Far as she could throw Boris...
pete75 wrote:53x13 wrote:Psamathe wrote:I see the Ms May has put herself in charge of the Committee overseeing Brexit. I wonder how much she trusts the 3 stooges.
Ian
Far as she could throw Boris...
She could throw Boris at least 300 metres with ease - off the top of the Eiffel Tower. His own personal Brexit :lol:
Psamathe wrote:...... The news reporter was suggesting May has been shocked by world reaction to Blobby's appointment - which is worrying as it was pretty predictable and for May to miss that makes you wonder what else she is missing.
Ian
PDQ Mobile wrote:I'm not optimistic!!
In fact I am growing more pessimistic and sad than I was on the 24th.
So much lost for the sake of so little.
Pound dropped back again -bit of a weak bounce!
Lousy for most of us - good for exporters they say.
Except we dont export much that we make but rather what we buy elsewhere- sort of grocer type exporters.