Henry Biddlecombe retweetledi
Henry Biddlecombe
4.4K posts
Henry Biddlecombe
@HenryBiddlecomb
CEO @ AG Capital
Sandton, South Africa Katılım Ekim 2011
2.3K Takip Edilen881 Takipçiler
Henry Biddlecombe retweetledi
Iran struck the UAE more than any other state because the Islamic Republic understands exactly what the UAE has become.
Tehran is not attacking a neighboring Arab country that happened to host American bases.
It is attacking the extension of Western civilization in the Arabian desert, the outpost of the Western order it has defined itself against for forty years, the living proof that an Arab Muslim state could choose modernity, openness, integration with Israel, partnership with Washington, and the entire civilizational package that the Islamic Republic’s founding ideology exists to destroy.
English
Henry Biddlecombe retweetledi
Our daughter, Asha, has made it through the first stage of the bone marrow transplant intended to cure her leukemia. This week she will be tested for residual cancer. This test is critical. I ask you to pray for her and the test's result.
English
Capable wealth managers go to great lengths to stay on top of markets, fund managers, tax law and the ever-evolving structuring landscape.
Even very wealthy individuals with complex affairs will almost always benefit from a second opinion from a well-informed advisor.
Joanne's offer is a good one.
Joanne Baynham CA (SA), CFA ®@madaboutmarkets
In my experience , the people who need financial advice the most , rarely ask for it. If you’ve built something significant and quietly wonder whether your structure, your savings, or your legacy plan is actually working — DM me. Complimentary conversation. First 10 only.
English
Henry Biddlecombe retweetledi
The next decade will see the aggressive erosion of the relevance of the Ivy League.
Guy Wuollet@guywuolletjr
MIT is a trade school Stanford is an accelator Harvard is an etiquette school for nobility
English
Fewer flights and higher fares now guaranteed
Elizabeth Warren@SenWarren
I've warned for months that a @JetBlue-@SpiritAirlines merger would have led to fewer flights and higher fares. @JusticeATR and @USDOT were right to stand up for consumers and fight against runaway airline consolidation. This is a Biden win for flyers! apnews.com/article/jetblu…
English
A region that understands how to grow
Ian Miles Cheong@ianmiles
The UAE is the only country in the world where you’ll be set up with a bank account even before you land. They know why you’re here and they want to make it easy for you to go about your business. Anywhere else and you’ll be going through red tape for weeks.
English
Has anyone considered that 30% of Starlink SA would be a terrible investment?
Starlink SA would be a billing shell - no satellites, no rockets and no IP. All of that sits with SpaceX, built over 24 years for $80-100B. The local entity just resells access.
SpaceX sets the capacity fee, sets the loan terms and decides which revenue stays local and which is pulled back. The 30% partner has no say over any of it.
The constellation costs $8B a year just to maintain. Lifecycle is five years. Next generation will cost even more. The full build-out is estimated at $240B. SpaceX just filed the biggest IPO in history, $50-75 billion, not to return capital but to spend more. They have never paid a dividend. Not once in 24 years.
A local subsidiary cannot carry its share of that. So either SpaceX charges it back through capacity fees, lends to the subsidiary, or dilutes the local partners. None of these scenarios lead to dividends or profits returned to shareholders.
The BEE stake is hollowed out by charges, buried under debt, or shrunk through dilution. There is no fourth option. Even locally, you need R800M to R1.5B over five years for ground stations, terminals, and ops. The return on that? Nothing. For a decade, minimum.
This is not empowerment. An empowering investment puts real cash into the hands of people who need it. This one demands huge capital from those who already have it, and returns nothing for years.
Meanwhile, SpaceX has offered R2.5B in direct local investment through an EEIP, including R2B in infrastructure and R500M in digital inclusion, connecting 5,000 rural schools with free internet and reaching 2.4 million students a year, in a country where 1.7% of rural households have connectivity.
Real money, real impact - blocked while we argue over a minority stake in a fictitious division of a much larger business that won't return cash to shareholders for a decade or more.
English