Re: Saudi Aramco IPO
Posted: Thu 30 Aug 2018, 20:52:07
I rafted the Rogue River and then I was in Ashland, Oregon for the Oregon Shakespeare Festival over the last couple of weeks, but I noticed that about a week ago KSA finally admitted that their much ballyhooed "IPO" of Saudi Aramco isn't going to happen any time soon. They made an official announcement that the IPO is now "postponed" indefinitely.
This reminded me of the famous saying that "Failure is only postponed success."
SO....while its true that KSA has failed to do the planned IPO of Saudi Aramco...we can also say they have merely postponed success. Their first effort to do the IPO may have failed, but maybe, possibly, perhaps someday they will start the process up again and actually get it done.
Of course they'll make it right. No doubt KSA will decide to restart the IPO process in a few more years? Or maybe after a decade? Or maybe when market conditions improve? Or perhaps they'll wait until hell freezes over?
Hahahahahahahaha!
Cheers!
This reminded me of the famous saying that "Failure is only postponed success."
SO....while its true that KSA has failed to do the planned IPO of Saudi Aramco...we can also say they have merely postponed success. Their first effort to do the IPO may have failed, but maybe, possibly, perhaps someday they will start the process up again and actually get it done.
Of course they'll make it right. No doubt KSA will decide to restart the IPO process in a few more years? Or maybe after a decade? Or maybe when market conditions improve? Or perhaps they'll wait until hell freezes over?
Hahahahahahahaha!
Cheers!