$1.5 Trillion Dollar IPO | Saudi's Aramco Set To Conduct The Biggest IPO In History





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21 replies
  1. MrHarrilasagna
    MrHarrilasagna says:

    Why with hydro propulsion, electromagnetic propulsion, ION propulsion and solar electric propulsion are we as a society still investing the future in petroleum based systems is beyond my comprehension. It's like choosing to keep dial up instead of trying fiber optics.

    Reply
  2. ed w
    ed w says:

    Yes leaving your previous predictions is very much appreciated indeed. We are all learning here, and watching you reflecting at previous prediction really helps me at least. thanks datadash

    Reply
  3. Emm See
    Emm See says:

    No doubt that we'll one day say see these IPO's conducted on the blockchain in this part of the world. Interesting how Algorand now have their Sharia certificate which allows Islamic businesses to build DApps whilst being eligible to operate under Sharia compliance.

    Reply
  4. goapsyfreestepforlife
    goapsyfreestepforlife says:

    We were supposed to sell off in October. The plunge protection team stepped in on October 3rd to save the market from a sell off. There move has paid off very well and they will now (most likely) be able to keep the market afloat enough for the year end to come and go. All the stock positions that were bought last December need to reach 12 month maturity before companies can sell or buyback or they are set to lose a lot of money when they are stopped out. So basically the stock bulls with positions at risk of being closed with short term tax gains imposed are fighting against the longer term selling pressures. If it would've snapped on Oct 3rd the rug would've came out as all the positioning from last December would've need to be instantly liquidated.

    Reply
  5. Danger Close
    Danger Close says:

    Start selling the Saudi riyal now. This is what the US did in the 30's except with
    gold. They confiscated it all then revalued it from $30 an oz to $50 an
    oz! When the Saudis have the US dollars from the IPO, they will revalue
    (devalue) the Riyal from 3.75 to maybe 5.00 to 1 USD. Or just drop the
    peg all together.

    Reply
  6. G Wills
    G Wills says:

    Aramco IPO is a last-breath cash grab to appropriate wealth from our planet's oil reserves. With any kind of green/environmental reaction to global warming, the value of Aramco is going to get smashed. That carbon has to stay in the ground, don't let greed blind you to the petro-dollars agenda…why invest in the fucking fossil fuel sector when you could speculate on crypto

    Reply

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