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Saudi Aramco: The message from the world’s biggest and wildest IPO

economist.com

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Re: Saudi Aramco: The message from the world’s biggest and wildest IPO

#51

Post by lostlogin »

m0zg wrote: post #15
lostlogin wrote: post #14

Earlier quoted context omitted.

Hit squads with bone saws sawing people up in their embassies are not par for the course. This was an extreme event. Drone striking ones citizens is extreme too.

Sure (assuming "bone saws" aren't made up by the Turks - they've never actually been demonstrated). But be that as it may, we're hardly fit to lecture others from our high horse.

> But be that as it may, we're hardly fit to lecture others from our high horse.

Could you explain this? Why can’t a group claim moral superiority for not butchering people? And what grouping of people does ‘we’ refer to?

Re: Saudi Aramco: The message from the world’s biggest and wildest IPO

#52

Post by m0zg »

lostlogin wrote: post #51
m0zg wrote: post #15

Earlier quoted context omitted.

Sure (assuming "bone saws" aren't made up by the Turks - they've never actually been demonstrated). But be that as it may, we're hardly fit to lecture others from our high horse.

> But be that as it may, we're hardly fit to lecture others from our high horse. Could you explain this? Why can’t a group claim moral superiority for not butchering people? And what grouping of people does ‘we’ refer to?

United States. It was suggested that the US should sever ties with SA to protest the killing.

Re: Saudi Aramco: The message from the world’s biggest and wildest IPO

#53

Post by GhettoMaestro »

Pyxl101 wrote: post #45
abdulhaq wrote: post #33

Earlier quoted context omitted.

A married woman is not the property of her husband. Stop spreading lies and hate.

I was curious about the issue and found this article which has some details: https://en.wikipedia.org/wiki/Women%27s_rights_in_Saudi_Arab... In Saudi Arabia, women need permission from their male guardian to perform a variety of activities: > The anti male-guardianship campaign is an ongoing campaign by Saudi women against the requirement to obtain permission from their male guardian for activities such as getting a…

> [...] it does seem that women’s rights are limited in Saudi Arabia compared to most other countries.

I would like to nominate this for comment for 'Most Valuable Understatement' of the day.

Trolling aside, yes, it is very restrictive for females living in Saudi Arabia compared to pretty much any other country on Earth. I have hope that in my lifetime this will change.

Re: Saudi Aramco: The message from the world’s biggest and wildest IPO

#54

Post by lostlogin »

m0zg wrote: post #52
lostlogin wrote: post #51

Earlier quoted context omitted.

> But be that as it may, we're hardly fit to lecture others from our high horse. Could you explain this? Why can’t a group claim moral superiority for not butchering people? And what grouping of people does ‘we’ refer to?

United States. It was suggested that the US should sever ties with SA to protest the killing.

Ah, thanks. That’s a ‘we’ I am not part of.

Re: Saudi Aramco: The message from the world’s biggest and wildest IPO

#55

Post by tuberelay »

aembleton wrote: post #44
awakeasleep wrote: post #41

Earlier quoted context omitted.

You missed the point. The goose is the land. The eggs are the oil. The eggs roll into a basket where people can buy them. The basket is saudi aramco. Now that the basket has been sold, why not make a new basket and send over some eggies?

Because only 1-2% of it is being sold. The Saudi state will still own 98% of the shares.

With a small float and Saudi state owning the other 98% it means that high price can be maintained with little inflow, but global passive equity investors are mandated (I think?) to hold a big chunk of this overpriced equity due to the huge market cap. Anyone know if that is correct?

Re: Saudi Aramco: The message from the world’s biggest and wildest IPO

#57

Post by m0zg »

simonh wrote: post #26
m0zg wrote: post #12

Earlier quoted context omitted.

Khashoggi wasn't a "US journalist" or a US citizen. He was a Saudi citizen, and he was killed on foreign soil. As despicable as the events were, let's not lose track of the facts here. WaPo calls him a "Saudi journalist and author": https://www.washingtonpost.com/people/jamal-khashoggi/ If you're appalled by this murder, do recall that our lord and savior Barack Obama droned US citizens he didn't like without trial i…

It looks like the actual target of the drone was the Egyptian al-Banna. In any case, IMHO either you are able to target active terrorists without judicial overview or you're not, whatever their citizenship. I'm a Brit, so no skin in that particular issue, but for the record I have no problem with British jihadists that joined ISIS getting bombed. They made their choice.

I'm sure most Saudis don't have any problem with Khashoggi's killing either, for reasons that aren't too dissimilar to yours.

Re: Saudi Aramco: The message from the world’s biggest and wildest IPO

#58

Post by celticninja »

abdulhaq wrote: post #33
celticninja wrote: post #20

Earlier quoted context omitted.

A married female is the property of her husband, therefore the investment is being made by a non-saudi national if she is married to a foreign national. Just your everyday Saudi sexism.

A married woman is not the property of her husband. Stop spreading lies and hate.

Why don't you enlighten us to women's role is Saudi society, instead of telling me I'm wrong tell me how woman are viewed.

Re: Saudi Aramco: The message from the world’s biggest and wildest IPO

#59

Post by simonh »

m0zg wrote: post #57
simonh wrote: post #26

Earlier quoted context omitted.

It looks like the actual target of the drone was the Egyptian al-Banna. In any case, IMHO either you are able to target active terrorists without judicial overview or you're not, whatever their citizenship. I'm a Brit, so no skin in that particular issue, but for the record I have no problem with British jihadists that joined ISIS getting bombed. They made their choice.

I'm sure most Saudis don't have any problem with Khashoggi's killing either, for reasons that aren't too dissimilar to yours.

The Jihadis are murderous terrorists actively killing and sexually enslaving people. Khashogi was a journalist, and a very brave, honest and ethical one from what I can tell. I don’t see the similarity.

Re: Saudi Aramco: The message from the world’s biggest and wildest IPO

#60

Post by darkteflon »

m0zg wrote: post #52
lostlogin wrote: post #51

Earlier quoted context omitted.

> But be that as it may, we're hardly fit to lecture others from our high horse. Could you explain this? Why can’t a group claim moral superiority for not butchering people? And what grouping of people does ‘we’ refer to?

United States. It was suggested that the US should sever ties with SA to protest the killing.

No one suggested that. Let’s not lose track of the facts here. The original point was about whether Saudi Arabia is a rule of law jurisdiction; it is not and potential investors might do well to keep that in mind.
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