Ericsson wrote:sparkly wrote:xxxxx wrote:sparkly wrote:obiero wrote:sparkly wrote:mlennyma wrote:Spikes wrote:ARM just like KQ is dying gracefully .
KQ can't die because it Will be under government's live support machines upto the bitter end but ARM is another nakumatt
Even ARM is under UK government support.
You believe UK taxpayers will come to its rescue?? A restructuring plus an Open Offer perhaps?
I don't believe anything. Just stating an obvious fact.
It is neither obvious nor fact at all. If it were ARM would not be tanking that much...intact you yourself would be buying lots of it
Or Are you buying lots of it??
CDC pumped KShs 14B into ARM to get 42% shareholding. CDC is a UK gov fund. Therefore ARM is under UK gov support.
Of what strategic interest is ARM to UK government.
The sh.14bn has been flushed just like that.
Curiously, of late, we have been agreeing with each other! UK gov't has no strategic interest in ARM unlike GoK has in KQ.
ARM can die and the UK gov't doesn't care too much.
KQ has benefits to Kenya including tourism, exports, "national" pride, etc.
I do want ARM to survive, as long as it's not using taxpayer funds, and get back on track. We need competition to keep cement manufacturers honest.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett