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https://finance.yahoo.com/news/1-billion-crypto-hedge-fund-233026575.html

2019-04-14 23:30:26+00:00

CCN

https://www.ccn.com/

$1 Billion Crypto Hedge Fund Crashed 40% – But Still Beat Bitcoin

Crypto hedge fund assets took a nose dive in 2018 as the bitcoin price crumbled. | Source: Shutterstock Crypto hedge fund traders were not immune to bitcoin’s downright frigid bear market. Just look at Polychain Capital, whose assets under management (AUM) fell to $591.5 million at year-end 2018, according to a regulatory filing cited in the Wall Street Journal. Investors Stay Put in Polychain Capital’s Fund The San Francisco-based crypto hedge fund boasted $1 billion in assets as of February 2018, which in addition to cryptocurrency included unspent cash pledged by investors and equity holdings in companies, Fortune reports. The value of Polychain’s AUM, however, tumbled nearly 40% between April and December 2018 when the bear market gripped bitcoin . Importantly, Polychain’s AUM shrunk due to a drop in the “value of its holdings,” not because of investor withdrawals, the filing points out. The decline was also less severe than the broader crypto market, whose “aggregate value” narrowed by 70% in the same period. Crypto Hedge Fund Suffers a Bitcoin Bear Market Casualty Polychain, which is led by Olaf Carlson-Wee, entered the crypto hedge fund market in 2016. It was one of the earliest funds to invest in cryptocurrency instead of company equity. The firm oversees five funds: Polychain Ventures, Dfinity Ecosystem Fund, Polychain Master Fund, Polychain Master Fund II, and Polychain Opportunities Fund I. Meanwhile, Polychain’s weak performance in 2018 didn’t come without any casualties, reportedly costing founding principal Ryan Zurrer his job, according to The Block . Read the full story on CCN.com . View comments

https://finance.yahoo.com/news/institutions-own-wingara-ag-limited-233056979.html

2019-04-14 23:30:56+00:00

Simply Wall St.

https://simplywall.st/

Do Institutions Own Wingara AG Limited (ASX:WNR) Shares?

The big shareholder groups in Wingara AG Limited ( ASX:WNR ) have power over the company. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. I quite like to see at least a little bit of insider ownership. As Charlie Munger said 'Show me the incentive and I will show you the outcome.' Wingara is not a large company by global standards. It has a market capitalization of AU$28m, which means it wouldn't have the attention of many institutional investors. In the chart below below, we can see that institutional investors have bought into the company. We can zoom in on the different ownership groups, to learn more about WNR. Check out our latest analysis for Wingara ASX:WNR Ownership Summary, April 14th 2019 What Does The Institutional Ownership Tell Us About Wingara? Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. Wingara already has institutions on the share registry. Indeed, they own 28% of the company. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Wingara, (below). Of course, keep in mind that there are other factors to consider, too. ASX:WNR Income Statement, April 14th 2019 We note that hedge funds don't have a meaningful investment in Wingara. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known. Insider Ownership Of Wingara While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. Story continues Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. It seems insiders own a significant proportion of Wingara AG Limited. Insiders own AU$12m worth of shares in the AU$28m company. This may suggest that the founders still own a lot of shares. You can click here to see if they have been buying or selling. General Public Ownership With a 25% ownership, the general public have some degree of sway over WNR. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. Next Steps: It's always worth thinking about the different groups who own shares in a company. But to understand Wingara better, we need to consider many other factors. I like to dive deeper into how a company has performed in the past. You can find historic revenue and earnings in this detailed graph . Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/kind-shareholders-own-tem-holdings-233345387.html

2019-04-14 23:33:45+00:00

Simply Wall St.

https://simplywall.st/

What Kind Of Shareholders Own TEM Holdings Limited (HKG:8346)?

A look at the shareholders of TEM Holdings Limited ( HKG:8346 ) can tell us which group is most powerful. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. I quite like to see at least a little bit of insider ownership. As Charlie Munger said 'Show me the incentive and I will show you the outcome.' TEM Holdings is not a large company by global standards. It has a market capitalization of HK$92m, which means it wouldn't have the attention of many institutional investors. In the chart below below, we can see that institutions are not on the share registry. We can zoom in on the different ownership groups, to learn more about 8346. View our latest analysis for TEM Holdings SEHK:8346 Ownership Summary, April 14th 2019 What Does The Lack Of Institutional Ownership Tell Us About TEM Holdings? Institutional investors often avoid companies that are too small, too illiquid or too risky for their tastes. But it's unusual to see larger companies without any institutional investors. There could be various reasons why no institutions own shares in a company. Typically, small, newly listed companies don't attract much attention from fund managers, because it would not be possible for large fund managers to build a meaningful position in the company. It is also possible that fund managers don't own the stock because they aren't convinced it will perform well. TEM Holdings might not have the sort of past performance institutions are looking for, or perhaps they simply have not studied the business closely. SEHK:8346 Income Statement, April 14th 2019 We note that hedge funds don't have a meaningful investment in TEM Holdings. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known. Insider Ownership Of TEM Holdings While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Story continues I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. It seems that insiders own more than half the TEM Holdings Limited stock. This gives them a lot of power. That means they own HK$69m worth of shares in the HK$92m company. That's quite meaningful. Most would be pleased to see the board is investing alongside them. You may wish to discover (for free) if they have been buying or selling. General Public Ownership The general public holds a 25% stake in 8346. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. Next Steps: I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. I like to dive deeper into how a company has performed in the past. You can find historic revenue and earnings in this detailed graph . Of course this may not be the best stock to buy . Therefore, you may wish to see our free collection of interesting prospects boasting favorable financials. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/directors-own-ht-media-limited-233729515.html

2019-04-14 23:37:29+00:00

[]

Simply Wall St

Simply Wall St.

https://simplywall.st/

Do Directors Own HT Media Limited (NSE:HTMEDIA) Shares?

A look at the shareholders of HT Media Limited (NSE:HTMEDIA) can tell us which group is most powerful. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. We also tend to see lower insider ownership in companies that were previously publicly owned. With a market capitalization of ₹9.6b, HT Media is a small cap stock, so it might not be well known by many institutional investors. In the chart below below, we can see that institutions own shares in the company. Let's delve deeper into each type of owner, to discover more about HTMEDIA. View our latest analysis for HT Media Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. As you can see, institutional investors own 16% of HT Media. This suggests some credibility amongst professional investors. But we can't rely on that fact alone, since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at HT Media's earnings history, below. Of course, the future is what really matters. We note that hedge funds don't have a meaningful investment in HT Media. While there is some analyst coverage, the company is probably not widely covered. So it could gain more attention, down the track. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. The company management answer to the board; and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board, themselves. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our most recent data indicates that insiders own some shares in HT Media Limited. As individuals, the insiders collectively own ₹215m worth of the ₹9.6b company. It is good to see some investment by insiders, but I usually like to see higher insider holdings. It might be worth checkingif those insiders have been buying. The general public holds a 11% stake in HTMEDIA. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. Our data indicates that Private Companies hold 70%, of the company's shares. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company. It's always worth thinking about the different groups who own shares in a company. But to understand HT Media better, we need to consider many other factors. I like to dive deeperinto how a company has performed in the past. You can accessthisinteractive graphof past earnings, revenue and cash flow, for free. If you would prefer discover what analysts are predicting in terms of future growth, do not miss thisfreereport on analyst forecasts. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.If you spot an error that warrants correction, please contact the editor [email protected]. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/catalent-buy-paragon-bioservices-1-233919143.html

2019-04-14 23:39:19+00:00

Reuters

http://www.reuters.com/

Catalent to buy Paragon Bioservices for $1.2 bln -WSJ

(Adds details from WSJ report, background on gene therapy, disclosures) April 14 (Reuters) - Drug developer Catalent Inc has agreed to buy privately held, gene-therapy focused Paragon Bioservices Inc for $1.2 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter. An all-cash deal between the companies is expected to be announced on Monday morning and would help Catalent expand its capabilities to develop specialized and costly gene therapy treatments, the Journal said https://www.wsj.com/articles/contract-drug-manufacturer-catalent-to-buy-paragon-bioservices-in-1-2-billion-deal-11555277951?mod=searchresults&page=1&pos=2. Catalent and Paragon did not immediately respond to requests for comment on Sunday. Drug companies have been moving aggressively into gene therapy, where treatments for rare, inherited diseases command some of the highest prices in medicine. Paragon, backed by private-equity firms Camden Partners and NewSpring Capital, focuses on developing gene therapy, next-generation vaccines, and other complex biopharmaceuticals for its clients. The Baltimore, Maryland-based company is expected to record more than $200 million in revenue this year, the Journal said. Gene therapies use specially engineered viruses, or viral vectors, to deliver genetic material into defective cells, in hopes of improving or potentially even curing an inherited condition. Somerset, New Jersey-based Catalent also develops drugs for other companies and does business in Asia, Europe, and North and South Americas. Its biologics and specialty drug business generated about $602 million in revenue in the 2018 financial year. If confirmed, the deal would follow other multi-billion-dollar deals involving gene therapy companies. Swiss drugmaker Roche agreed to buy U.S.-based gene therapy specialist Spark Therapeutics Inc for $4.3 billion in February, while Novartis purchased U.S.-based Avexis for $8.7 billion last year, also to gain a platform of gene therapies. (Reporting by Ismail Shakil in Bengaluru Editing by Chris Reese)

https://finance.yahoo.com/news/masters-2019-tiger-woods-finds-233941597.html

2019-04-14 23:39:41+00:00

The Loop

https://www.golfdigest.com/the-loop

Masters 2019: Tiger Woods challenges Artificial Intelligence, too

AUGUSTA, Ga. — Tiger Woods 2.0, or whatever version won the 2019 Masters in a more subdued manner than we remember, not only beat Francesco Molinari and Brooks Koepka (and the storm that swept into Augusta on Sunday afternoon), but he challenged the Artificial Intelligence of IBM Watson. This year for the first time, the Masters used enterprise-grade AI to capture every shot by all 89 players in the field to produce a three-minute highlight video for Masters.com almost instantly at the end of each round. Even more fascinating, the IBM Cloud stored and integrated data for each shot measuring the Crowd Roar and Player Gestures—hand, arm and facial movements—to create an overall excitement score. Tiger's crowd roars were typically louder than everyone else’s even on tap-ins, so IBM had to design the system to take into account Tiger-size crowds relative to other players' galleries. At least four of his shots in the last round scored a perfect 1.0 in crowd reaction: his short putt for a bogey to win on the 18th green, and his birdie putts on the third, 13th and 16th—all remarkably short considering the bombs he’s made in his career. Tiger’s highest score—another 1.0—in Player Gestures was on 18 when he jumped, pumped, hugged and danced off the green. His next highest Player Gesture score was on his approach shot to the seventh green, setting up another birdie; he got a .82. The highest non-Tiger excitement score of the week belonged to Bryson DeChambeau’s hole-in-one at the 16th during Sunday’s final round. The Crowd Roar was .94 on a 1.0 scale, and Bryson’s body and facial reactions scored a perfect 1.0. As anybody who watched on Sunday could see, Tiger was Mr. Cool throughout the round—rarely gesticulating or getting excited as he tacked his way around the course with Nicklausian conservatism, putting himself in a position to win and waiting for the rest to retreat. If it were a presidential campaign, Tiger might have been called Low Energy. But the strategy worked even as Tiger’s calm demeanor set fan reaction off the charts. IBM analysts in the back room at Masters Digital admit: Tiger simply moves the needle like nobody else. Explore Golf Digest All Access, with more than 30 video series to improve your game WATCH: GOLF DIGEST VIDEOS See the video. View comments

https://finance.yahoo.com/news/might-tianjin-binhai-teda-logistics-234214913.html

2019-04-14 23:42:14+00:00

Simply Wall St.

https://simplywall.st/

You Might Like Tianjin Binhai TEDA Logistics (Group) Corporation Limited (HKG:8348) But Do You Like Its Debt?

Investors are always looking for growth in small-cap stocks like Tianjin Binhai TEDA Logistics (Group) Corporation Limited ( HKG:8348 ), with a market cap of HK$195m. However, an important fact which most ignore is: how financially healthy is the business? Understanding the company's financial health becomes crucial, since poor capital management may bring about bankruptcies, which occur at a higher rate for small-caps. We'll look at some basic checks that can form a snapshot the company’s financial strength. However, these checks don't give you a full picture, so I’d encourage you to dig deeper yourself into 8348 here . 8348’s Debt (And Cash Flows) Over the past year, 8348 has ramped up its debt from CN¥419m to CN¥557m made up of predominantly near term debt. With this growth in debt, 8348 currently has CN¥387m remaining in cash and short-term investments to keep the business going. Moving on, operating cash flow was negative over the last twelve months. As the purpose of this article is a high-level overview, I won’t be looking at this today, but you can assess some of 8348’s operating efficiency ratios such as ROA here . Can 8348 pay its short-term liabilities? With current liabilities at CN¥1.5b, it seems that the business has maintained a safe level of current assets to meet its obligations, with the current ratio last standing at 1.27x. The current ratio is calculated by dividing current assets by current liabilities. For Logistics companies, this ratio is within a sensible range as there's enough of a cash buffer without holding too much capital in low return investments. SEHK:8348 Historical Debt, April 14th 2019 Is 8348’s debt level acceptable? 8348 is a relatively highly levered company with a debt-to-equity of 52%. This is a bit unusual for a small-cap stock, since they generally have a harder time borrowing than large more established companies. No matter how high the company’s debt, if it can easily cover the interest payments, it’s considered to be efficient with its use of excess leverage. A company generating earnings before interest and tax (EBIT) at least three times its net interest payments is considered financially sound. In 8348's case, the ratio of 2.38x suggests that interest is not strongly covered, which means that lenders may be more reluctant to lend out more funding as 8348’s low interest coverage already puts the company at higher risk of default. Story continues Next Steps: 8348’s high cash coverage means that, although its debt levels are high, the company is able to utilise its borrowings efficiently in order to generate cash flow. Since there is also no concerns around 8348's liquidity needs, this may be its optimal capital structure for the time being. I admit this is a fairly basic analysis for 8348's financial health. Other important fundamentals need to be considered alongside. I recommend you continue to research Tianjin Binhai TEDA Logistics (Group) to get a better picture of the small-cap by looking at: Future Outlook : What are well-informed industry analysts predicting for 8348’s future growth? Take a look at our free research report of analyst consensus for 8348’s outlook. Historical Performance : What has 8348's returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity. Other High-Performing Stocks : Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here . We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/introducing-silex-systems-asx-slx-234630190.html

2019-04-14 23:46:30+00:00

Simply Wall St.

https://simplywall.st/

Introducing Silex Systems (ASX:SLX), The Stock That Tanked 78%

Silex Systems Limited ( ASX:SLX ) shareholders will doubtless be very grateful to see the share price up 172% in the last quarter. But that doesn't change the fact that the returns over the last half decade have been stomach churning. Like a ship taking on water, the share price has sunk 78% in that time. It's true that the recent bounce could signal the company is turning over a new leaf, but we are not so sure. The important question is if the business itself justifies a higher share price in the long term. See our latest analysis for Silex Systems Because Silex Systems is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. When a company doesn't make profits, we'd generally expect to see good revenue growth. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit. Over half a decade Silex Systems reduced its trailing twelve month revenue by 58% for each year. That puts it in an unattractive cohort, to put it mildly. So it's not altogether surprising to see the share price down 26% per year in the same time period. We don't think this is a particularly promising picture. Ironically, that behavior could create an opportunity for the contrarian investor - but only if there are good reasons to predict a brighter future. You can see how revenue and earnings have changed over time in the image below, (click on the chart to see cashflow). ASX:SLX Income Statement, April 14th 2019 We like that insiders have been buying shares in the last twelve months. Having said that, most people consider earnings and revenue growth trends to be a more meaningful guide to the business. Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here. . A Different Perspective It's nice to see that Silex Systems shareholders have received a total shareholder return of 55% over the last year. There's no doubt those recent returns are much better than the TSR loss of 26% per year over five years. We generally put more weight on the long term performance over the short term, but the recent improvement could hint at a (positive) inflection point within the business. It is all well and good that insiders have been buying shares, but we suggest you check here to see what price insiders were buying at. Story continues If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on AU exchanges. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/investors-bought-hov-services-nse-234705342.html

2019-04-14 23:47:05+00:00

Simply Wall St.

https://simplywall.st/

Investors Who Bought HOV Services (NSE:HOVS) Shares Three Years Ago Are Now Up 77%

While HOV Services Limited ( NSE:HOVS ) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 20% in the last quarter. But don't let that distract from the very nice return generated over three years. In fact, the company's share price bested the return of its market index in that time, posting a gain of 77%. See our latest analysis for HOV Services In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. During three years of share price growth, HOV Services moved from a loss to profitability. That would generally be considered a positive, so we'd expect the share price to be up. The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image). NSEI:HOVS Past and Future Earnings, April 14th 2019 It might be well worthwhile taking a look at our free report on HOV Services's earnings, revenue and cash flow . A Different Perspective HOV Services shareholders are down 43% for the year, but the market itself is up 0.9%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. On the bright side, long term shareholders have made money, with a gain of 11% per year over half a decade. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. Before deciding if you like the current share price, check how HOV Services scores on these 3 valuation metrics . If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on IN exchanges. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/al-group-hkg-8360-shareholders-235255554.html

2019-04-14 23:52:55+00:00

Simply Wall St.

https://simplywall.st/

Some AL Group (HKG:8360) Shareholders Have Copped A Big 56% Share Price Drop

AL Group Limited ( HKG:8360 ) shareholders should be happy to see the share price up 11% in the last quarter. But that's not enough to compensate for the decline over the last twelve months. During that time the share price has sank like a stone, descending 56%. The share price recovery is not so impressive when you consider the fall. Arguably, the fall was overdone. See our latest analysis for AL Group AL Group isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. Shareholders of unprofitable companies usually expect strong revenue growth. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth. AL Group grew its revenue by 37% over the last year. We think that is pretty nice growth. Unfortunately it seems investors wanted more, because the share price is down 56% in that time. It is of course possible that the business will still deliver strong growth, it will just take longer than expected to do it. To our minds it isn't enough to just look at revenue, anyway. Always consider when profits will flow. Depicted in the graphic below, you'll see revenue and earnings over time. If you want more detail, you can click on the chart itself. SEHK:8360 Income Statement, April 14th 2019 Balance sheet strength is crucual. It might be well worthwhile taking a look at our free report on how its financial position has changed over time . A Different Perspective AL Group shareholders are down 56% for the year, even worse than the market loss of 3.6%. There's no doubt that's a disappointment, but the stock may well have fared better in a stronger market. Putting aside the last twelve months, it's good to see the share price has rebounded by 11%, in the last ninety days. Let's just hope this isn't the widely-feared 'dead cat bounce' (which would indicate further declines to come). You might want to assess this data-rich visualization of its earnings, revenue and cash flow. Story continues For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on HK exchanges. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/dont-sell-honda-siel-power-235657274.html

2019-04-14 23:56:57+00:00

Simply Wall St.

https://simplywall.st/

Don't Sell Honda Siel Power Products Limited (NSE:HONDAPOWER) Before You Read This

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll apply a basic P/E ratio analysis to Honda Siel Power Products Limited's ( NSE:HONDAPOWER ), to help you decide if the stock is worth further research. Honda Siel Power Products has a price to earnings ratio of 19.76 , based on the last twelve months. In other words, at today's prices, investors are paying ₹19.76 for every ₹1 in prior year profit. See our latest analysis for Honda Siel Power Products How Do You Calculate Honda Siel Power Products's P/E Ratio? The formula for P/E is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for Honda Siel Power Products: P/E of 19.76 = ₹1116.45 ÷ ₹56.51 (Based on the trailing twelve months to December 2018.) Is A High Price-to-Earnings Ratio Good? A higher P/E ratio means that buyers have to pay a higher price for each ₹1 the company has earned over the last year. That isn't a good or a bad thing on its own, but a high P/E means that buyers have a higher opinion of the business's prospects, relative to stocks with a lower P/E. How Growth Rates Impact P/E Ratios P/E ratios primarily reflect market expectations around earnings growth rates. Earnings growth means that in the future the 'E' will be higher. That means unless the share price increases, the P/E will reduce in a few years. So while a stock may look expensive based on past earnings, it could be cheap based on future earnings. Honda Siel Power Products shrunk earnings per share by 2.0% last year. But EPS is up 27% over the last 5 years. How Does Honda Siel Power Products's P/E Ratio Compare To Its Peers? One good way to get a quick read on what market participants expect of a company is to look at its P/E ratio. As you can see below Honda Siel Power Products has a P/E ratio that is fairly close for the average for the machinery industry, which is 18.7. NSEI:HONDAPOWER Price Estimation Relative to Market, April 15th 2019 Honda Siel Power Products's P/E tells us that market participants think its prospects are roughly in line with its industry. So if Honda Siel Power Products actually outperforms its peers going forward, that should be a positive for the share price. Further research into factors such as management tenure , could help you form your own view on whether that is likely. Story continues Don't Forget: The P/E Does Not Account For Debt or Bank Deposits It's important to note that the P/E ratio considers the market capitalization, not the enterprise value. In other words, it does not consider any debt or cash that the company may have on the balance sheet. Hypothetically, a company could reduce its future P/E ratio by spending its cash (or taking on debt) to achieve higher earnings. While growth expenditure doesn't always pay off, the point is that it is a good option to have; but one that the P/E ratio ignores. Is Debt Impacting Honda Siel Power Products's P/E? Honda Siel Power Products has net cash of ₹2.1b. This is fairly high at 19% of its market capitalization. That might mean balance sheet strength is important to the business, but should also help push the P/E a bit higher than it would otherwise be. The Bottom Line On Honda Siel Power Products's P/E Ratio Honda Siel Power Products trades on a P/E ratio of 19.8, which is above the IN market average of 16.2. The recent drop in earnings per share might keep value investors away, but the net cash position means the company has time to improve: and the high P/E suggests the market thinks it will. Investors should be looking to buy stocks that the market is wrong about. If the reality for a company is better than it expects, you can make money by buying and holding for the long term. So this free visual report on analyst forecasts could hold the key to an excellent investment decision. You might be able to find a better buy than Honda Siel Power Products. If you want a selection of possible winners, check out this free list of interesting companies that trade on a P/E below 20 (but have proven they can grow earnings). We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/invitrocue-limiteds-asx-ivq-ceo-235957685.html

2019-04-14 23:59:57+00:00

Simply Wall St.

https://simplywall.st/

Is Invitrocue Limited's (ASX:IVQ) CEO Being Overpaid?

The CEO of Invitrocue Limited ( ASX:IVQ ) is Steven Fang. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Then we'll look at a snap shot of the business growth. And finally - as a second measure of performance - we will look at the returns shareholders have received over the last few years. The aim of all this is to consider the appropriateness of CEO pay levels. View our latest analysis for Invitrocue How Does Steven Fang's Compensation Compare With Similar Sized Companies? According to our data, Invitrocue Limited has a market capitalization of AU$39m, and pays its CEO total annual compensation worth S$146k. (This is based on the year to June 2018). While we always look at total compensation first, we note that the salary component is less, at S$107k. We examined a group of similar sized companies, with market capitalizations of below AU$278m. The median CEO total compensation in that group is AU$355k. This would give shareholders a good impression of the company, since most similar size companies have to pay more, leaving less for shareholders. Though positive, it's important we delve into the performance of the actual business. You can see a visual representation of the CEO compensation at Invitrocue, below. ASX:IVQ CEO Compensation, April 15th 2019 Is Invitrocue Limited Growing? On average over the last three years, Invitrocue Limited has grown earnings per share (EPS) by 64% each year (using a line of best fit). In the last year, its revenue is down -20%. This demonstrates that the company has been improving recently. A good result. Revenue growth is a real positive for growth, but ultimately profits are more important. We don't have analyst forecasts, but you might want to assess this data-rich visualization of earnings, revenue and cash flow. Has Invitrocue Limited Been A Good Investment? Invitrocue Limited has not done too badly by shareholders, with a total return of 7.1%, over three years. But they would probably prefer not to see CEO compensation far in excess of the median. Story continues In Summary... Invitrocue Limited is currently paying its CEO below what is normal for companies of its size. Since the business is growing, many would argue this suggests the pay is modest. While returns over the last few years haven't been top notch, there is nothing to suggest to us that Steven Fang is overcompensated. It's great to see a company that pays its CEO reasonably, even while growing. But it would be nice if insiders were also buying shares. If you think CEO compensation levels are interesting you will probably really like this free visualization of insider trading at Invitrocue. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/kind-shareholder-owns-most-simplicity-000142973.html

2019-04-15 00:01:42+00:00

Simply Wall St.

https://simplywall.st/

What Kind Of Shareholder Owns Most Simplicity Holding Limited (HKG:8367) Stock?

If you want to know who really controls Simplicity Holding Limited ( HKG:8367 ), then you'll have to look at the makeup of its share registry. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. Warren Buffett said that he likes 'a business with enduring competitive advantages that is run by able and owner-oriented people'. So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. Simplicity Holding is not a large company by global standards. It has a market capitalization of HK$70m, which means it wouldn't have the attention of many institutional investors. Our analysis of the ownership of the company, below, shows that institutional investors have not yet purchased shares. Let's take a closer look to see what the different types of shareholder can tell us about 8367. View our latest analysis for Simplicity Holding SEHK:8367 Ownership Summary, April 15th 2019 What Does The Lack Of Institutional Ownership Tell Us About Simplicity Holding? Institutional investors often avoid companies that are too small, too illiquid or too risky for their tastes. But it's unusual to see larger companies without any institutional investors. There are many reasons why a company might not have any institutions on the share registry. It may be hard for institutions to buy large amounts of shares, if liquidity (the amount of shares traded each day) is low. If the company has not needed to raise capital, institutions might lack the opportunity to build a position. Alternatively, there might be something about the company that has kept institutional investors away. Simplicity Holding might not have the sort of past performance institutions are looking for, or perhaps they simply have not studied the business closely. SEHK:8367 Income Statement, April 15th 2019 Simplicity Holding is not owned by hedge funds. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known. Story continues Insider Ownership Of Simplicity Holding While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Shareholders would probably be interested to learn that insiders own shares in Simplicity Holding Limited. It has a market capitalization of just HK$70m, and insiders have HK$5.2m worth of shares, in their own names. This shows at least some alignment, but I usually like to see larger insider holdings. You can click here to see if those insiders have been buying or selling. General Public Ownership With a 25% ownership, the general public have some degree of sway over 8367. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. Private Company Ownership We can see that Private Companies own 68%, of the shares on issue. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research. Next Steps: I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. I always like to check for a history of revenue growth . You can too, by accessing this free chart of historic revenue and earnings in this detailed graph . Of course this may not be the best stock to buy . So take a peek at this free free list of interesting companies. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/closer-look-hitech-corporation-limiteds-000627128.html

2019-04-15 00:06:27+00:00

Simply Wall St.

https://simplywall.st/

A Closer Look At Hitech Corporation Limited's (NSE:HITECHCORP) Impressive ROE

One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. We'll use ROE to examine Hitech Corporation Limited ( NSE:HITECHCORP ), by way of a worked example. Over the last twelve months Hitech has recorded a ROE of 14% . One way to conceptualize this, is that for each ₹1 of shareholders' equity it has, the company made ₹0.14 in profit. Check out our latest analysis for Hitech How Do You Calculate Return On Equity? The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Hitech: 14% = ₹219m ÷ ₹1.5b (Based on the trailing twelve months to December 2018.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. It is the capital paid in by shareholders, plus any retained earnings. The easiest way to calculate shareholders' equity is to subtract the company's total liabilities from the total assets. What Does Return On Equity Mean? Return on Equity measures a company's profitability against the profit it has kept for the business (plus any capital injections). The 'return' is the profit over the last twelve months. The higher the ROE, the more profit the company is making. So, all else equal, investors should like a high ROE . That means ROE can be used to compare two businesses. Does Hitech Have A Good Return On Equity? Arguably the easiest way to assess company's ROE is to compare it with the average in its industry. Importantly, this is far from a perfect measure, because companies differ significantly within the same industry classification. Pleasingly, Hitech has a superior ROE than the average (11%) company in the Packaging industry. NSEI:HITECHCORP Past Revenue and Net Income, April 15th 2019 That is a good sign. In my book, a high ROE almost always warrants a closer look. For example, I often check if insiders have been buying shares . Story continues Why You Should Consider Debt When Looking At ROE Most companies need money -- from somewhere -- to grow their profits. That cash can come from issuing shares, retained earnings, or debt. In the first and second cases, the ROE will reflect this use of cash for investment in the business. In the latter case, the debt used for growth will improve returns, but won't affect the total equity. That will make the ROE look better than if no debt was used. Combining Hitech's Debt And Its 14% Return On Equity Hitech does use a significant amount of debt to increase returns. It has a debt to equity ratio of 1.16. While the ROE isn't too bad, it would probably be a lot lower if the company was forced to reduce debt. Debt does bring extra risk, so it's only really worthwhile when a company generates some decent returns from it. The Bottom Line On ROE Return on equity is useful for comparing the quality of different businesses. Companies that can achieve high returns on equity without too much debt are generally of good quality. If two companies have around the same level of debt to equity, and one has a higher ROE, I'd generally prefer the one with higher ROE. But ROE is just one piece of a bigger puzzle, since high quality businesses often trade on high multiples of earnings. It is important to consider other factors, such as future profit growth -- and how much investment is required going forward. So I think it may be worth checking this free this detailed graph of past earnings, revenue and cash flow . But note: Hitech may not be the best stock to buy . So take a peek at this free list of interesting companies with high ROE and low debt. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/oil-prices-fall-still-more-000800026.html

2019-04-15 00:08:00+00:00

Investing.com

https://www.investing.com/

Oil Prices Dip but Supply Concerns Limit Losses

Investing.com - Oil prices edged lower on Monday but losses were held in check amid ongoing concerns over the global supply outlook. U.S. Crude Oil WTI Futures were down 0.4% to $63.62 by 12:10 AM ET (04:10 GMT), while international Brent Oil Futures slipped 0.2% to $71.42. Year-to-date, U.S. crude is up 41% while the U.K. benchmark shows a 32% rise, supported by production cuts led by the Organization of the Petroleum Exporting Countries (OPEC). OPEC, Russia and other non-member producers have been reducing output by 1.2 million bpd since the beginning of 2019. The producers are due to meet in June to decide whether to extend the pact. In an earlier report, Reuters cited an OPEC source that said oil producers might decide to end their output cuts during the meeting if he Libya, Venezuelan and Iranian supply crises weren’t resolved by then. In other news, the U.S. oil rig count, published by industry firm Baker Hughes, rose by two units this week after last week's 15-rig climb. Last week, the U.S. Energy Information Administration reported in its weekly supply-demand report that production had reached a new high of 12.2 million barrels per day. Meanwhile, the Libyan conflict remained in focus as reports on Friday suggested that renegade Libyan general Khalifa Haftar had vowed to wipe out the North African country's oil production if he gained control of the capital, Tripoli. The North African country, which produces about 1.1 million barrels per day of oil, has been vulnerable since the 2011 overthrow of Muammar Gadaffi. Haftar’s forces control more than 40% of Libya’s oilfields and the key ports that export its crude. Related Articles Oil Prices Near Flat Amid Fall in U.S. Inventory Oil rises on tightening supplies; ample U.S. output caps gains Gold Falls as Improved Economic Growth Output Boosts Risk Appetite

https://finance.yahoo.com/news/volatility-101-fineland-real-estate-001117655.html

2019-04-15 00:11:17+00:00

Simply Wall St.

https://simplywall.st/

Volatility 101: Should Fineland Real Estate Services Group (HKG:8376) Shares Have Dropped 13%?

It is a pleasure to report that the Fineland Real Estate Services Group Limited ( HKG:8376 ) is up 56% in the last quarter. But that doesn't change the fact that the returns over the last year have been less than pleasing. In fact, the price has declined 13% in a year, falling short of the returns you could get by investing in an index fund. See our latest analysis for Fineland Real Estate Services Group While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. During the last year Fineland Real Estate Services Group grew its earnings per share, moving from a loss to a profit. Earnings per share growth rates aren't particularly useful for comparing with the share price, when a company has moved from loss to profit. But we may find different metrics more enlightening. Fineland Real Estate Services Group's revenue is actually up 38% over the last year. Since the fundamental metrics don't readily explain the share price drop, there might be an opportunity if the market has overreacted. Depicted in the graphic below, you'll see revenue and earnings over time. If you want more detail, you can click on the chart itself. SEHK:8376 Income Statement, April 15th 2019 Take a more thorough look at Fineland Real Estate Services Group's financial health with this free report on its balance sheet . A Different Perspective We doubt Fineland Real Estate Services Group shareholders are happy with the loss of 13% over twelve months. That falls short of the market, which lost 3.6%. That's disappointing, but it's worth keeping in mind that the market-wide selling wouldn't have helped. Putting aside the last twelve months, it's good to see the share price has rebounded by 56%, in the last ninety days. This could just be a bounce because the selling was too aggressive, but fingers crossed it's the start of a new trend. You might want to assess this data-rich visualization of its earnings, revenue and cash flow. Story continues If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on HK exchanges. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/did-registry-direct-limited-asx-001436212.html

2019-04-15 00:14:36+00:00

Simply Wall St.

https://simplywall.st/

Did Registry Direct Limited (ASX:RD1) Insiders Sell Shares?

We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders have sold shares. So shareholders might well want to know whether insiders have been buying or selling shares in Registry Direct Limited ( ASX:RD1 ). What Is Insider Selling? Most investors know that it is quite permissible for company leaders, such as directors of the board, to buy and sell stock on the market. However, most countries require that the company discloses such transactions to the market. We don't think shareholders should simply follow insider transactions. But equally, we would consider it foolish to ignore insider transactions altogether. For example, a Columbia University study found that 'insiders are more likely to engage in open market purchases of their own company’s stock when the firm is about to reveal new agreements with customers and suppliers'. View our latest analysis for Registry Direct The Last 12 Months Of Insider Transactions At Registry Direct The Chairman, Donald McLay, made the biggest insider sale in the last 12 months. That single transaction was for AU$105k worth of shares at a price of AU$0.03 each. That means that even when the share price was below the current price of AU$0.04, an insider wanted to cash in some shares. As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. We note that the biggest single sale was only 11.6% of Donald McLay's holding. Donald McLay was the only individual insider to sell over the last year. Notably Donald McLay was also the biggest buyer, having purchased AU$30k worth of shares. You can see the insider transactions (by individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below! Story continues ASX:RD1 Recent Insider Trading, April 15th 2019 For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket. Insiders at Registry Direct Have Bought Stock Recently Over the last three months, we've seen a bit of insider buying at Registry Direct. Chairman Donald McLay bought AU$23k worth of shares in that time. We like it when there are only buyers, and no sellers. However, in this case the amount invested recently is quite small. Does Registry Direct Boast High Insider Ownership? Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Registry Direct insiders own 71% of the company, currently worth about AU$3.7m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders. So What Does This Data Suggest About Registry Direct Insiders? Insider purchases may have been minimal, in the last three months, but there was no selling at all. That said, the purchases were not large. While we gain confidence from high insider ownership of Registry Direct, we can't say the same about their transactions in the last year, in the absence of further purchases. Along with insider transactions, I recommend checking if Registry Direct is growing revenue. This free chart of historic revenue and earnings should make that easy . If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/institutions-own-hind-rectifiers-limited-001702977.html

2019-04-15 00:17:02+00:00

Simply Wall St.

https://simplywall.st/

Do Institutions Own Hind Rectifiers Limited (NSE:HIRECT) Shares?

A look at the shareholders of Hind Rectifiers Limited ( NSE:HIRECT ) can tell us which group is most powerful. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. I quite like to see at least a little bit of insider ownership. As Charlie Munger said 'Show me the incentive and I will show you the outcome.' Hind Rectifiers is a smaller company with a market capitalization of ₹2.1b, so it may still be flying under the radar of many institutional investors. In the chart below below, we can see that institutions don't own many shares in the company. Let's take a closer look to see what the different types of shareholder can tell us about HIRECT. See our latest analysis for Hind Rectifiers NSEI:HIRECT Ownership Summary, April 15th 2019 What Does The Lack Of Institutional Ownership Tell Us About Hind Rectifiers? Small companies that are not very actively traded often lack institutional investors, but it's less common to see large companies without them. There are many reasons why a company might not have any institutions on the share registry. It may be hard for institutions to buy large amounts of shares, if liquidity (the amount of shares traded each day) is low. If the company has not needed to raise capital, institutions might lack the opportunity to build a position. It is also possible that fund managers don't own the stock because they aren't convinced it will perform well. Hind Rectifiers might not have the sort of past performance institutions are looking for, or perhaps they simply have not studied the business closely. NSEI:HIRECT Income Statement, April 15th 2019 Hind Rectifiers is not owned by hedge funds. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known. Insider Ownership Of Hind Rectifiers The definition of company insiders can be subjective, and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. Story continues I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. Our most recent data indicates that insiders own the majority of Hind Rectifiers Limited. This means they can collectively make decisions for the company. That means they own ₹1.2b worth of shares in the ₹2.1b company. That's quite meaningful. It is good to see this level of investment. You can check here to see if those insiders have been buying recently. General Public Ownership The general public holds a 26% stake in HIRECT. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. Private Company Ownership We can see that Private Companies own 15%, of the shares on issue. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company. Next Steps: I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. I always like to check for a history of revenue growth . You can too, by accessing this free chart of historic revenue and earnings in this detailed graph . Of course this may not be the best stock to buy . So take a peek at this free free list of interesting companies. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/study-finds-diabetes-drug-may-prevent-slow-kidney-000834849--finance.html

2019-04-15 00:20:12+00:00

Associated Press

https://apnews.com/

Study finds diabetes drug may prevent, slow kidney disease

A drug that's used to help control blood sugar in people with diabetes has now been shown to help prevent or slow kidney disease, which causes millions of deaths each year and requires hundreds of thousands of people to use dialysis to stay alive. Doctors say it's hard to overstate the importance of this study, and what it means for curbing this problem, which is growing because of the obesity epidemic. The study tested Janssen Pharmaceuticals' drug Invokana. Results were discussed Sunday at a medical meeting in Australia and published by the New England Journal of Medicine. About 30 million Americans and more than 420 million people worldwide have diabetes , and most cases are Type 2, the kind tied to obesity. It occurs when the body can't make enough or properly use insulin, which turns food into energy. This can damage the kidneys over time, causing disease and ultimately, failure. In the U.S., it's responsible for nearly half a million people needing dialysis, and for thousands of kidney transplants each year. Some blood pressure drugs lower this risk but they're only partially effective. The new study tested Invokana, a daily pill sold now to help control blood sugar, to see if it also could help prevent kidney disease when added to standard treatments. For the study, about 13,000 people with Type 2 diabetes and chronic kidney disease from around the world were to be given Invokana or dummy pills. Independent monitors stopped the study early, after 4,400 people had been treated for about 2.5 years on average, when it was clear the drug was helping. Those on the drug had a 30% lower risk of one of these problems — kidney failure, need for dialysis, need for a kidney transplant, death from kidney- or heart-related causes, or other signs that kidneys were failing. For every 1,000 people taking the drug for 2.5 years, there would be 47 fewer cases of one of these problems, researchers estimate. Rates of serious side effects were similar in the drug and placebo groups including leg, foot or toe amputations, a concern raised by a previous study of Invokana. One side effect, when the body can't produce enough insulin, was more frequent among those on Invokana but rare overall. Story continues Janssen, which is part of Johnson & Johnson, sponsored the study and many authors work or consult for the company. The drug costs about $500 a month in the U.S. Out-of-pocket costs for patients may be different, depending on insurance. The importance of this large and well-done study "cannot be overstated," Drs. Julie Ingelfinger and Clifford Rosen, editors at the medical journal, wrote in an accompanying article. In recent years, several studies have found that Invokana and some similar drugs can lower heart risks. The new results, showing that Invokana also may stall or prevent kidney failure, expand the potential benefits of the drug. ___ Marilynn Marchione can be followed at http://twitter.com/MMarchioneAP ___ The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute's Department of Science Education. The AP is solely responsible for all content.

https://finance.yahoo.com/news/kamala-harris-apos-tax-return-002433491.html

2019-04-15 00:24:33+00:00

Fortune

http://fortune.com/

Kamala Harris' Tax Return Shows Income Topping $2 Million

U.S. Senator Kamala Harris and her husband reported more than $2 million in income on their 2018 federal tax return, with the vast majority stemming from her husband’s work as a partner in a law firm. The California lawmaker, one of 18 declared candidates for the 2020 Democratic presidential nomination, released 15 years’ worth of tax returns Sunday, dating back to when she first held elected office. Harris and her husband, Douglas Emhoff, a partner at the law firm DLA Piper LLP, reported taxable income of $1.8 million for 2018, including $157,352 from her Senate salary. The couple paid $697,611 in taxes this year with an effective rate of 38.4 percent. In 2017, before the Republican tax overhaul went into effect, they paid an effective tax rate of 40 percent and paid about a half-million dollars in taxes on lower income. The couple reported more than $225,000 in state and local tax payments, but the tax overhaul capped the amount they could deduct from their federal taxes at $10,000. Emhoff didn’t qualify for a 20 percent deduction for pass-through business owners included in the new law because the deduction isn’t granted to law firms. Book Royalties Harris reported profiting about $320,000 from her book “The Truths We Hold: An American Journey,” which was published in January. Harris is viewed as a top-tier contender in a large and growing Democratic field, running competitively in surveys for third place behind the much better-known former Vice President Joe Biden, who hasn’t officially announced, and Vermont Senator Bernie Sanders. She raised $12 million in the first quarter of 2019, second only to Sanders. Harris has focused her message around progressive economics and social justice for immigrants, African Americans and the LGBT community. She has proposed cutting taxes for middle-income and low-income families by providing tax credits and direct payments to those households. She has also proposed to pay for these tax breaks by rolling back benefits for those making more than $100,000 and to put a levy on banks with more than $50 billion in assets. Story continues A Decade’s Worth Before being elected to the Senate in 2016, Harris served as the California attorney general and as the San Francisco district attorney. She’s scheduled to campaign in the important early-voting state of South Carolina this week. Harris joins several other 2020 hopefuls, including Senators Elizabeth Warren and Amy Klobuchar, in releasing more than a decade of tax returns. Democrats have been using the release of their tax information to contrast with President Donald Trump, who in the 2016 campaign became the first presidential candidate in more than 40 years to refuse to release his returns. Sanders, who released only one year of returns when he ran for the Democratic nomination in 2016, has said he’ll make a decade’s worth public by April 15, the tax filing deadline. His campaign manager Faiz Shakir said Saturday that the senator’s tax returns will be “boring.” House Democrats have asked the IRS to hand over Trump’s tax returns, citing a 1924 law that allows the chairmen of the tax-writing committee to demand the returns of any American taxpayer. Treasury Secretary Steven Mnuchin, who oversees the agency, has asked the Justice Department to review the request, but Trump, White House officials, Republican members of Congress and the president’s lawyers have all said it would be a violation of his privacy to do so. Trump has said at times that he can’t release his returns because they are under audit, though there’s no prohibition from releasing returns to Congress or the public while under audit. “The president has been clear from the beginning, as long as his taxes are under audit, he’s not going to release them,” White House spokeswoman Sarah Huckabee Sanders said on “Fox News Sunday.” House Ways and Means Chairman Richard Neal has given the IRS an April 23 deadline to release the returns, but the fight is expected to drag on for some time.

https://finance.yahoo.com/news/investors-bought-hindusthan-national-glass-002545620.html

2019-04-15 00:25:45+00:00

Simply Wall St.

https://simplywall.st/

Investors Who Bought Hindusthan National Glass & Industries (NSE:HINDNATGLS) Shares Five Years Ago Are Now Down 44%

For many, the main point of investing is to generate higher returns than the overall market. But in any portfolio, there will be mixed results between individual stocks. At this point some shareholders may be questioning their investment in Hindusthan National Glass & Industries Limited ( NSE:HINDNATGLS ), since the last five years saw the share price fall 44%. And some of the more recent buyers are probably worried, too, with the stock falling 21% in the last year. Shareholders have had an even rougher run lately, with the share price down 12% in the last 90 days. Check out our latest analysis for Hindusthan National Glass & Industries Hindusthan National Glass & Industries isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. When a company doesn't make profits, we'd generally expect to see good revenue growth. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit. You can see how revenue and earnings have changed over time in the image below, (click on the chart to see cashflow). NSEI:HINDNATGLS Income Statement, April 14th 2019 This free interactive report on Hindusthan National Glass & Industries's balance sheet strength is a great place to start, if you want to investigate the stock further. A Different Perspective Hindusthan National Glass & Industries shareholders are down 21% for the year, but the market itself is up 0.9%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 11% per year over five years. We realise that Buffett has said investors should 'buy when there is blood on the streets', but we caution that investors should first be sure they are buying a high quality businesses. Shareholders might want to examine this detailed historical graph of past earnings, revenue and cash flow. Story continues For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on IN exchanges. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/musgrave-minerals-limiteds-asx-mgv-002913126.html

2019-04-15 00:29:13+00:00

Simply Wall St.

https://simplywall.st/

Is Musgrave Minerals Limited's (ASX:MGV) CEO Salary Justified?

The CEO of Musgrave Minerals Limited ( ASX:MGV ) is Rob Waugh. First, this article will compare CEO compensation with compensation at similar sized companies. After that, we will consider the growth in the business. Third, we'll reflect on the total return to shareholders over three years, as a second measure of business performance. The aim of all this is to consider the appropriateness of CEO pay levels. See our latest analysis for Musgrave Minerals How Does Rob Waugh's Compensation Compare With Similar Sized Companies? At the time of writing our data says that Musgrave Minerals Limited has a market cap of AU$26m, and is paying total annual CEO compensation of AU$360k. (This is based on the year to June 2018). While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at AU$269k. We took a group of companies with market capitalizations below AU$278m, and calculated the median CEO total compensation to be AU$355k. That means Rob Waugh receives fairly typical remuneration for the CEO of a company that size. Although this fact alone doesn't tell us a great deal, it becomes more relevant when considered against the business performance. You can see, below, how CEO compensation at Musgrave Minerals has changed over time. ASX:MGV CEO Compensation, April 15th 2019 Is Musgrave Minerals Limited Growing? Musgrave Minerals Limited has increased its earnings per share (EPS) by an average of 68% a year, over the last three years (using a line of best fit). In the last year, its revenue is down -37%. This shows that the company has improved itself over the last few years. Good news for shareholders. The lack of revenue growth isn't ideal, but it is the bottom line that counts most in business. We don't have analyst forecasts, but you might want to assess this data-rich visualization of earnings, revenue and cash flow. Has Musgrave Minerals Limited Been A Good Investment? Boasting a total shareholder return of 158% over three years, Musgrave Minerals Limited has done well by shareholders. So they may not be at all concerned if the CEO were to be paid more than is normal for companies around the same size. Story continues In Summary... Rob Waugh is paid around the same as most CEOs of similar size companies. The company is growing earnings per share and total shareholder returns have been pleasing. Indeed, many might consider the pay rather modest, given the solid company performance! Shareholders may want to check for free if Musgrave Minerals insiders are buying or selling shares. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/life-linocraft-holdings-hkg-8383-003029949.html

2019-04-15 00:30:29+00:00

Simply Wall St.

https://simplywall.st/

Such Is Life: How Linocraft Holdings (HKG:8383) Shareholders Saw Their Shares Drop 53%

The nature of investing is that you win some, and you lose some. Anyone who held Linocraft Holdings Limited ( HKG:8383 ) over the last year knows what a loser feels like. To wit the share price is down 53% in that time. We wouldn't rush to judgement on Linocraft Holdings because we don't have a long term history to look at. Furthermore, it's down 19% in about a quarter. That's not much fun for holders. We note that the company has reported results fairly recently; and the market is hardly delighted. You can check out the latest numbers in our company report . View our latest analysis for Linocraft Holdings In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). Linocraft Holdings managed to increase earnings per share from a loss to a profit, over the last 12 months. Earnings per share growth rates aren't particularly useful for comparing with the share price, when a company has moved from loss to profit. So it makes sense to check out some other factors. Linocraft Holdings's revenue is actually up 18% over the last year. Since the fundamental metrics don't readily explain the share price drop, there might be an opportunity if the market has overreacted. Depicted in the graphic below, you'll see revenue and earnings over time. If you want more detail, you can click on the chart itself. SEHK:8383 Income Statement, April 15th 2019 You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic . A Different Perspective We doubt Linocraft Holdings shareholders are happy with the loss of 53% over twelve months. That falls short of the market, which lost 3.6%. That's disappointing, but it's worth keeping in mind that the market-wide selling wouldn't have helped. The share price decline has continued throughout the most recent three months, down 19%, suggesting an absence of enthusiasm from investors. Basically, most investors should be wary of buying into a poor-performing stock, unless the business itself has clearly improved. Before deciding if you like the current share price, check how Linocraft Holdings scores on these 3 valuation metrics . Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on HK exchanges. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading. View comments

https://finance.yahoo.com/news/2019-04-14-surge-in-police-requests-for-mobile-location-data.html

2019-04-15 00:33:00+00:00

Engadget

https://www.engadget.com/

Google faces surge in police requests for mobile location data

It's clearer than ever that police see smartphones as treasure troves of evidence . New York Times sources understand that law enforcement requests for information from Google's mobile Location History database, known internally as Sensorvault, have "risen sharply" in the last six months. While the exact volume isn't apparent, there have been "as many as 180 requests" in a single week. In some cases, the demands are particularly broad and may scoop up data from "hundreds" of phones, albeit with limits. Many of these requests come from relatively new "geofence" warrants that asks Google to hand over location info for every device that passed through a given area over a certain period of time. Google anonymizes the data at first, but it will provide names and other sensitive info if police believe it matches the behavior of a suspect or witness. Location History's existence isn't a secret. It's been available since 2009, and you have to grant permission before Google starts collecting data. However, people don't necessarily realize that Google keeps the info for an indefinite period, or that the history is detailed enough to provide a picture of street-by-street movements to investigators. More importantly, there are legal and technical concerns to law enforcement's increasing dependence on Location History. The Fourth Amendment requires limited searches and probable cause, but there hasn't been a formal ruling on whether or not geofenced searches meet that standard even with the narrowing process Google uses. Not every police department will properly seal identifying data, either, potentially exposing innocent people. And then there's the unreliability of the info -- it only confirms that a phone using someone's Google account was in the area, not that the person was present. It's not very useful for iPhone owners, either, since only some use Google Maps and are less likely to have it running in any capacity. While the location data could help cops solve tough-to-crack cases, it could also pin the blame on the wrong people. View comments

https://finance.yahoo.com/news/pete-buttigieg-aims-white-house-003330749.html

2019-04-15 00:33:30+00:00

Fortune

http://fortune.com/

Pete Buttigieg Aims for White House as Part of New Generation

Mayor Pete Buttigieg, an underdog in the 2020 Democratic presidential primary race who’s seen an uptick in support in recent weeks, called for a new generation of American leadership as he became the 18th candidate to formally join the fold. Speaking from a building with ties to America’s industrial past that’s now being re-purposed to house technology companies and other jobs of the future, the 37-year-old sold himself as unique in a field crowded with Washington lawmakers and longtime politicians. “It is time to walk away from the politics of the past, and toward something totally different,” Buttigieg told thousands gathered inside a former Studebaker car assembly plant in South Bend, Indiana. The mayor, who has overseen that city since 2012, would be the youngest and first openly gay U.S. president, if elected. His northern Indiana community of about 102,000 people is best known for the nearby University of Notre Dame. In a 36-minute speech, Buttigieg drew a strong contrast with President Donald Trump, suggesting there hasn’t been enough honest discussion about the need to transform the nation’s economy. He also questioned the president’s “Make America Great Again” slogan from 2016, now emblazoned on millions of baseball caps. ‘Resentment and Nostalgia’ “There is a myth being sold to industrial and rural communities: the myth that we can stop the clock and turn it back,” Buttigieg said. “It comes from people who think the only way to reach communities like ours is through resentment and nostalgia, selling an impossible promise of returning to a bygone era that was never as great as advertised to begin with. The problem is, they’re telling us to look for greatness in all the wrong places.” Buttigieg also challenged the president’s immigration policy. “There’s a lot more to security than putting up a wall from sea to shining sea,” he said. “Children fleeing violence ought to have nothing to fear from the greatest country in the world.” Story continues Buttigieg said he recognizes the “audacity” of his candidacy, given his youth and that he’s a just a “Midwestern millennial” mayor. But the need for new solutions and Trump’s presidency encouraged him to run, he said. “The forces changing our country today are tectonic,” he said. “Forces that help to explain what made this current presidency even possible. That’s why, this time, it’s not just about winning an election — it’s about winning an era.” Early Campaigning With a name that’s challenging to pronounce (boot-edge-edge, or Buddha-judge as the candidate’s husband has suggested), Buttigieg has been traveling through early primary and caucus states and sitting for just about any television interview he can find. A Rhodes scholar who speaks seven languages, Buttigieg has sold himself as Trump’s polar opposite. He’s reported raising about $7 million during the first quarter, a total that puts him roughly in the middle of the pack among those who have shared numbers ahead of Monday’s Federal Election Commission disclosure deadline. Recent polls in the first two states that will hold Democratic nomination contests early next year — Iowa and New Hampshire — showed a surge in support for Buttigieg, even as former Vice President Joe Biden and Senator Bernie Sanders of Vermont remain the front-runners. Poll Results A Monmouth University Poll of Iowa Democratic voters released on April 11 shows Biden, who’s expected to enter the race this month, with the support of 27 percent of those who say they’re likely to attend the state’s caucuses in February. He’s followed by Sanders, a self-described democratic socialist, at 16 percent. Buttigieg ranked third at 9 percent, outperforming a slew of U.S. senators and other hopefuls. Meanwhile, a poll by the Saint Anselm College Survey Center at the New Hampshire Institute of Politics showed similar results, with Biden at 23 percent, Sanders at 16 percent and Buttigieg at 11 percent. Buttigieg has suggested his strengths as a potential Democratic nominee include executive experience running a city, his military background — he served eight years in the Navy Reserve, including a stint as an intelligence officer in Afghanistan — and growing up in solidly Republican Indiana, albeit in a college town that last had a GOP mayor in 1972. ‘Off the Charts’ Jack Beam, a Chicago lawyer who attended the kick-off event, said he’s donated money to Buttigieg’s campaign and considers him his favorite candidate in the crowded field. “I think he’s off the charts for sincerity,” he said. Beam said he suspects that “45 percent of the country won’t like that he’s gay,” but that Buttigieg’s military background and comfort with speaking about his Christian faith may help him compete against Trump in a general election. “They’d have to work harder to throw mud at him,” he said. Watching Buttigieg’s announcement online, David Axelrod, former President Barack Obama’s strategist, said on Twitter that while the crowd seemed large and impressive, it was also dominated by whites — “an obstacle he will have to overcome” at a time the party has a historically diverse field of 2020 candidates. “He will need to build out his coalition in a very diverse party,” Axelrod said in another tweet. Stance on Issues Buttigieg supports some of the progressive proposals that have surfaced in the Democratic primary race, such as expanding the Supreme Court and doing away with the Electoral College. But he’s kept some distance from others, such as “Medicare for all” and a guaranteed income for the working class. An Episcopalian who often quotes scripture, Buttigieg married his husband, Chasten, a junior high school teacher, in a church service in June featured in the New York Times “Vows” section. Pointing to South Bend’s crime and urban blight, Republicans sought to tarnish Buttigieg’s image as mayor. “Pete Buttigieg talks a good game, but the facts of his failed leadership in South Bend will eventually catch up with the hysteria surrounding his candidacy,” Kyle Hupfer, chairman of the Indiana Republican Party, said in a statement ahead of Sunday’s event.

https://finance.yahoo.com/news/hindustan-construction-nse-hcc-share-003518999.html

2019-04-15 00:35:18+00:00

Simply Wall St.

https://simplywall.st/

The Hindustan Construction (NSE:HCC) Share Price Is Down 43% So Some Shareholders Are Getting Worried

While not a mind-blowing move, it is good to see that the Hindustan Construction Company Limited ( NSE:HCC ) share price has gained 12% in the last three months. But that doesn't change the reality of under-performance over the last twelve months. After all, the share price is down 43% in the last year, significantly under-performing the market. See our latest analysis for Hindustan Construction Because Hindustan Construction is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit. In the last twelve months, Hindustan Construction increased its revenue by 2.7%. While that may seem decent it isn't great considering the company is still making a loss. Given this fairly low revenue growth (and lack of profits), it's not particularly surprising to see the stock down 43% in a year. It's important not to lose sight of the fact that profitless companies must grow. So remember, if you buy a profitless company then you risk being a profitless investor. The chart below shows how revenue and earnings have changed with time, (if you click on the chart you can see the actual values). NSEI:HCC Income Statement, April 15th 2019 Balance sheet strength is crucual. It might be well worthwhile taking a look at our free report on how its financial position has changed over time . What about the Total Shareholder Return (TSR)? Investors should note that there's a difference between Hindustan Construction's total shareholder return (TSR) and its share price change, which we've covered above. Arguably the TSR is a more complete return calculation because it accounts for the value of dividends (as if they were reinvested), along with the hypothetical value of any discounted capital that have been offered to shareholders. Hindustan Construction hasn't been paying dividends, but its TSR of -36% exceeds its share price return of -43%, implying it has either spun-off a business, or raised capital at a discount; thereby providing additional value to shareholders. A Different Perspective Hindustan Construction shareholders are down 36% for the year, but the market itself is up 0.9%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 3.2% per year over five years. We realise that Buffett has said investors should 'buy when there is blood on the streets', but we caution that investors should first be sure they are buying a high quality businesses. Most investors take the time to check the data on insider transactions. You can click here to see if insiders have been buying or selling. Story continues We will like Hindustan Construction better if we see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on IN exchanges. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading. View comments

https://finance.yahoo.com/news/1-2-return-equity-satu-004010337.html

2019-04-15 00:40:10+00:00

Simply Wall St.

https://simplywall.st/

With A 1.2% Return On Equity, Is Satu Holdings Limited (HKG:8392) A Quality Stock?

Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). By way of learning-by-doing, we'll look at ROE to gain a better understanding of Satu Holdings Limited ( HKG:8392 ). Over the last twelve months Satu Holdings has recorded a ROE of 1.2% . One way to conceptualize this, is that for each HK$1 of shareholders' equity it has, the company made HK$0.012 in profit. Check out our latest analysis for Satu Holdings How Do You Calculate ROE? The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Satu Holdings: 1.2% = HK$651k ÷ HK$56m (Based on the trailing twelve months to December 2018.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. It is all earnings retained by the company, plus any capital paid in by shareholders. You can calculate shareholders' equity by subtracting the company's total liabilities from its total assets. What Does ROE Signify? Return on Equity measures a company's profitability against the profit it has kept for the business (plus any capital injections). The 'return' is the amount earned after tax over the last twelve months. The higher the ROE, the more profit the company is making. So, all else being equal, a high ROE is better than a low one . That means ROE can be used to compare two businesses. Does Satu Holdings Have A Good Return On Equity? One simple way to determine if a company has a good return on equity is to compare it to the average for its industry. However, this method is only useful as a rough check, because companies do differ quite a bit within the same industry classification. If you look at the image below, you can see Satu Holdings has a lower ROE than the average (11%) in the Consumer Durables industry classification. SEHK:8392 Past Revenue and Net Income, April 15th 2019 Unfortunately, that's sub-optimal. It is better when the ROE is above industry average, but a low one doesn't necessarily mean the business is overpriced. Still, shareholders might want to check if insiders have been selling . Why You Should Consider Debt When Looking At ROE Most companies need money -- from somewhere -- to grow their profits. The cash for investment can come from prior year profits (retained earnings), issuing new shares, or borrowing. In the case of the first and second options, the ROE will reflect this use of cash, for growth. In the latter case, the use of debt will improve the returns, but will not change the equity. That will make the ROE look better than if no debt was used. Story continues Combining Satu Holdings's Debt And Its 1.2% Return On Equity While Satu Holdings does have a tiny amount of debt, with debt to equity of just 0.01, we think the use of debt is very modest. Its ROE is certainly on the low side, and since it already uses debt, we're not too excited about the company. Conservative use of debt to boost returns is usually a good move for shareholders, though it does leave the company more exposed to interest rate rises. The Key Takeaway Return on equity is one way we can compare the business quality of different companies. In my book the highest quality companies have high return on equity, despite low debt. If two companies have the same ROE, then I would generally prefer the one with less debt. Having said that, while ROE is a useful indicator of business quality, you'll have to look at a whole range of factors to determine the right price to buy a stock. Profit growth rates, versus the expectations reflected in the price of the stock, are a particularly important to consider. So I think it may be worth checking this free this detailed graph of past earnings, revenue and cash flow . But note: Satu Holdings may not be the best stock to buy . So take a peek at this free list of interesting companies with high ROE and low debt. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading. View comments

https://finance.yahoo.com/news/did-changing-sentiment-drive-matrix-004347699.html

2019-04-15 00:43:47+00:00

Simply Wall St.

https://simplywall.st/

Did Changing Sentiment Drive Matrix Composites & Engineering's (ASX:MCE) Share Price Down A Painful 71%?

Matrix Composites & Engineering Ltd ( ASX:MCE ) shareholders should be happy to see the share price up 10% in the last month. But that can't change the reality that over the longer term (five years), the returns have been really quite dismal. The share price has failed to impress anyone , down a sizable 71% during that time. Some might say the recent bounce is to be expected after such a bad drop. Of course, this could be the start of a turnaround. Check out our latest analysis for Matrix Composites & Engineering Given that Matrix Composites & Engineering didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. Shareholders of unprofitable companies usually expect strong revenue growth. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size. In the last five years Matrix Composites & Engineering saw its revenue shrink by 39% per year. That puts it in an unattractive cohort, to put it mildly. So it's not that strange that the share price dropped 22% per year in that period. We don't think this is a particularly promising picture. Of course, the poor performance could mean the market has been too severe selling down. That can happen. Depicted in the graphic below, you'll see revenue and earnings over time. If you want more detail, you can click on the chart itself. ASX:MCE Income Statement, April 15th 2019 We like that insiders have been buying shares in the last twelve months. Having said that, most people consider earnings and revenue growth trends to be a more meaningful guide to the business. So it makes a lot of sense to check out what analysts think Matrix Composites & Engineering will earn in the future (free profit forecasts) A Different Perspective Investors in Matrix Composites & Engineering had a tough year, with a total loss of 16%, against a market gain of about 12%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. However, the loss over the last year isn't as bad as the 21% per annum loss investors have suffered over the last half decade. We would want clear information suggesting the company will grow, before taking the view that the share price will stabilize. It is all well and good that insiders have been buying shares, but we suggest you check here to see what price insiders were buying at. Matrix Composites & Engineering is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket. Story continues Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on AU exchanges. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading. View comments

https://finance.yahoo.com/news/does-hbl-power-systemss-nse-004510784.html

2019-04-15 00:45:10+00:00

Simply Wall St.

https://simplywall.st/

Does HBL Power Systems's (NSE:HBLPOWER) Share Price Gain of 83% Match Its Business Performance?

HBL Power Systems Limited ( NSE:HBLPOWER ) shareholders might be concerned after seeing the share price drop 11% in the last quarter. On the bright side the share price is up over the last half decade. However we are not very impressed because the share price is only up 83%, less than the market return of 89%. View our latest analysis for HBL Power Systems In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). During five years of share price growth, HBL Power Systems achieved compound earnings per share (EPS) growth of 4.3% per year. This EPS growth is slower than the share price growth of 13% per year, over the same period. This suggests that market participants hold the company in higher regard, these days. That's not necessarily surprising considering the five-year track record of earnings growth. The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers). NSEI:HBLPOWER Past and Future Earnings, April 15th 2019 This free interactive report on HBL Power Systems's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further. What About Dividends? As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of HBL Power Systems, it has a TSR of 89% for the last 5 years. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence! Story continues A Different Perspective Investors in HBL Power Systems had a tough year, with a total loss of 48% (including dividends), against a market gain of about 0.9%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. On the bright side, long term shareholders have made money, with a gain of 14% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. Before deciding if you like the current share price, check how HBL Power Systems scores on these 3 valuation metrics . For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on IN exchanges. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/lks-holding-group-hkg-8415-004949954.html

2019-04-15 00:49:49+00:00

Simply Wall St.

https://simplywall.st/

The LKS Holding Group (HKG:8415) Share Price Is Down 11% So Some Shareholders Are Getting Worried

It's easy to match the overall market return by buying an index fund. Active investors aim to buy stocks that vastly outperform the market - but in the process, they risk under-performance. That downside risk was realized by LKS Holding Group Limited ( HKG:8415 ) shareholders over the last year, as the share price declined 11%. That's disappointing when you consider the market returned -3.6%. LKS Holding Group may have better days ahead, of course; we've only looked at a one year period. It's up 2.0% in the last seven days. Check out our latest analysis for LKS Holding Group There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. During the unfortunate twelve months during which the LKS Holding Group share price fell, it actually saw its earnings per share (EPS) improve by 27%. It's quite possible that growth expectations may have been unreasonable in the past. It's surprising to see the share price fall so much, despite the improved EPS. So it's well worth checking out some other metrics, too. LKS Holding Group managed to grow revenue over the last year, which is usually a real positive. Since we can't easily explain the share price movement based on these metrics, it might be worth considering how market sentiment has changed towards the stock. The chart below shows how revenue and earnings have changed with time, (if you click on the chart you can see the actual values). SEHK:8415 Income Statement, April 15th 2019 This free interactive report on LKS Holding Group's balance sheet strength is a great place to start, if you want to investigate the stock further. A Different Perspective LKS Holding Group shareholders are down 11% for the year, even worse than the market loss of 3.6%. There's no doubt that's a disappointment, but the stock may well have fared better in a stronger market. With the stock down 2.4% over the last three months, the market doesn't seem to believe that the company has solved all its problems. Given the relatively short history of this stock, we'd remain pretty wary until we see some strong business performance. Before deciding if you like the current share price, check how LKS Holding Group scores on these 3 valuation metrics . Story continues Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on HK exchanges. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/hatsun-agro-product-limited-nse-005439479.html

2019-04-15 00:54:39+00:00

[]

Simply Wall St

Simply Wall St.

https://simplywall.st/

Can Hatsun Agro Product Limited (NSE:HATSUN) Maintain Its Strong Returns?

One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. To keep the lesson grounded in practicality, we'll use ROE to better understand Hatsun Agro Product Limited (NSE:HATSUN). Hatsun Agro Product has a ROE of 12%, based on the last twelve months. Another way to think of that is that for every ₹1 worth of equity in the company, it was able to earn ₹0.12. Check out our latest analysis for Hatsun Agro Product Theformula for return on equityis: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Hatsun Agro Product: 12% = ₹971m ÷ ₹8.1b (Based on the trailing twelve months to December 2018.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. It is all earnings retained by the company, plus any capital paid in by shareholders. Shareholders' equity can be calculated by subtracting the total liabilities of the company from the total assets of the company. ROE measures a company's profitability against the profit it retains, and any outside investments. The 'return' is the amount earned after tax over the last twelve months. A higher profit will lead to a higher ROE. So, all else being equal,a high ROE is better than a low one. Clearly, then, one can use ROE to compare different companies. Arguably the easiest way to assess company's ROE is to compare it with the average in its industry. Importantly, this is far from a perfect measure, because companies differ significantly within the same industry classification. As is clear from the image below, Hatsun Agro Product has a better ROE than the average (8.9%) in the Food industry. That is a good sign. I usually take a closer look when a company has a better ROE than industry peers. One data point to check is ifinsiders have bought shares recently. Companies usually need to invest money to grow their profits. That cash can come from retained earnings, issuing new shares (equity), or debt. In the case of the first and second options, the ROE will reflect this use of cash, for growth. In the latter case, the use of debt will improve the returns, but will not change the equity. In this manner the use of debt will boost ROE, even though the core economics of the business stay the same. Although Hatsun Agro Product does use debt, its debt to equity ratio of 0.74 is still low. Its ROE isn't particularly impressive, but the debt levels are quite modest, so the business probably has some real potential. Judicious use of debt to improve returns can certainly be a good thing, although it does elevate risk slightly and reduce future optionality. Return on equity is one way we can compare the business quality of different companies. In my book the highest quality companies have high return on equity, despite low debt. All else being equal, a higher ROE is better. But ROE is just one piece of a bigger puzzle, since high quality businesses often trade on high multiples of earnings. It is important to consider other factors, such as future profit growth -- and how much investment is required going forward. So I think it may be worth checking thisfreereport on analyst forecasts for the company. Of courseHatsun Agro Product may not be the best stock to buy. So you may wish to see thisfreecollection of other companies that have high ROE and low debt. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.If you spot an error that warrants correction, please contact the editor [email protected]. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/mint-payments-limited-asx-mnw-005925212.html

2019-04-15 00:59:25+00:00

Simply Wall St.

https://simplywall.st/

Is Mint Payments Limited (ASX:MNW) Overpaying Its CEO?

In 2014 Alex Teoh was appointed CEO of Mint Payments Limited ( ASX:MNW ). First, this article will compare CEO compensation with compensation at similar sized companies. Then we'll look at a snap shot of the business growth. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. The aim of all this is to consider the appropriateness of CEO pay levels. Check out our latest analysis for Mint Payments How Does Alex Teoh's Compensation Compare With Similar Sized Companies? According to our data, Mint Payments Limited has a market capitalization of AU$20m, and pays its CEO total annual compensation worth AU$234k. (This number is for the twelve months until June 2018). While we always look at total compensation first, we note that the salary component is less, at AU$214k. We examined a group of similar sized companies, with market capitalizations of below AU$278m. The median CEO total compensation in that group is AU$355k. Most shareholders would consider it a positive that Alex Teoh takes less total compensation than the CEOs of most similar size companies, leaving more for shareholders. While this is a good thing, you'll need to understand the business better before you can form an opinion. The graphic below shows how CEO compensation at Mint Payments has changed from year to year. ASX:MNW CEO Compensation, April 15th 2019 Is Mint Payments Limited Growing? On average over the last three years, Mint Payments Limited has grown earnings per share (EPS) by 23% each year (using a line of best fit). In the last year, its revenue is down -35%. This shows that the company has improved itself over the last few years. Good news for shareholders. Revenue growth is a real positive for growth, but ultimately profits are more important. Although we don't have analyst forecasts, shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow. Has Mint Payments Limited Been A Good Investment? Since shareholders would have lost about 76% over three years, some Mint Payments Limited shareholders would surely be feeling negative emotions. It therefore might be upsetting for shareholders if the CEO were paid generously. Story continues In Summary... It looks like Mint Payments Limited pays its CEO less than similar sized companies. Since the business is growing, many would argue this suggests the pay is modest. Unfortunately, some shareholders may be disappointed with their returns, given the company's performance over the last three years. So while we would not say that Alex Teoh is generously paid, it would be good to see an improvement in business performance before too an increase in pay. This sort of circumstance certainly justifies further research, because the investment returns might still come in the future. Shareholders may want to check for free if Mint Payments insiders are buying or selling shares. Important note: Mint Payments may not be the best stock to buy. You might find something better in this list of interesting companies with high ROE and low debt. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/hm-international-holdings-limited-hkg-005927450.html

2019-04-15 00:59:27+00:00

Simply Wall St.

https://simplywall.st/

HM International Holdings Limited (HKG:8416) Delivered A Weaker ROE Than Its Industry

Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). By way of learning-by-doing, we'll look at ROE to gain a better understanding of HM International Holdings Limited ( HKG:8416 ). HM International Holdings has a ROE of 8.4% , based on the last twelve months. That means that for every HK$1 worth of shareholders' equity, it generated HK$0.084 in profit. View our latest analysis for HM International Holdings How Do You Calculate Return On Equity? The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for HM International Holdings: 8.4% = HK$7.2m ÷ HK$85m (Based on the trailing twelve months to December 2018.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. It is all the money paid into the company from shareholders, plus any earnings retained. Shareholders' equity can be calculated by subtracting the total liabilities of the company from the total assets of the company. What Does ROE Signify? ROE looks at the amount a company earns relative to the money it has kept within the business. The 'return' is the yearly profit. A higher profit will lead to a higher ROE. So, as a general rule, a high ROE is a good thing . That means ROE can be used to compare two businesses. Does HM International Holdings Have A Good Return On Equity? One simple way to determine if a company has a good return on equity is to compare it to the average for its industry. However, this method is only useful as a rough check, because companies do differ quite a bit within the same industry classification. As shown in the graphic below, HM International Holdings has a lower ROE than the average (11%) in the Commercial Services industry classification. SEHK:8416 Past Revenue and Net Income, April 15th 2019 That certainly isn't ideal. It is better when the ROE is above industry average, but a low one doesn't necessarily mean the business is overpriced. Still, shareholders might want to check if insiders have been selling . Story continues How Does Debt Impact ROE? Most companies need money -- from somewhere -- to grow their profits. That cash can come from retained earnings, issuing new shares (equity), or debt. In the first two cases, the ROE will capture this use of capital to grow. In the latter case, the use of debt will improve the returns, but will not change the equity. Thus the use of debt can improve ROE, albeit along with extra risk in the case of stormy weather, metaphorically speaking. Combining HM International Holdings's Debt And Its 8.4% Return On Equity Shareholders will be pleased to learn that HM International Holdings has not one iota of net debt! So although its ROE isn't that impressive, we shouldn't judge it harshly on that metric, because it didn't use debt. After all, with cash on the balance sheet, a company has a lot more optionality in good times and bad. The Key Takeaway Return on equity is a useful indicator of the ability of a business to generate profits and return them to shareholders. In my book the highest quality companies have high return on equity, despite low debt. If two companies have the same ROE, then I would generally prefer the one with less debt. But ROE is just one piece of a bigger puzzle, since high quality businesses often trade on high multiples of earnings. Profit growth rates, versus the expectations reflected in the price of the stock, are a particularly important to consider. Check the past profit growth by HM International Holdings by looking at this visualization of past earnings, revenue and cash flow . But note: HM International Holdings may not be the best stock to buy . So take a peek at this free list of interesting companies with high ROE and low debt. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/sanders-pitches-tougher-line-trump-gm-closures-010125947--election.html

2019-04-15 01:06:45+00:00

Associated Press

https://apnews.com/

Sanders pitches a tougher line than Trump on GM closures

PITTSBURGH (AP) -- Sen. Bernie Sanders on Sunday accused President Donald Trump of betraying the working people who put him in office and challenged him to deny federal contracts to General Motors until the company reopens shuttered plants. "The biggest lie was that he was going to stand up for working families and take on the establishment," the Democratic presidential contender told a Pittsburgh rally in his first visit of 2019 to the critical battleground state of Pennsylvania. "That was a monstrous lie." Earlier in Lordstown, Ohio, and again in Pittsburgh, Sanders pressed Trump to put action behind his words on GM plant closings. Trump has assailed the company for shutting its small-car factory in Lordstown, in a politically important state, complaining about the company's leadership and a local union leader while seldom mentioning the other U.S. factories that GM plans to close. That's not enough, Sanders said. His message to GM and other multinationals: "If you want a federal contract paid for by taxpayers, treat your workers with respect and dignity. No more paying your workers inadequate wages while you provide CEO's with multimillion-dollar parachutes, no more taking away health care benefits, no more denying workers the right to form a union. "And if you are not a good and responsible corporate citizen, do not think that you will get federal contracts." Several union organizers spoke before Sanders at the Pittsburgh rally, part of Sanders' four-day, five-state swing through states that are part of the Democratic strategy to rebuild the "blue wall" in 2020. Sanders attracted an estimated 4,500 on the warm, breezy late afternoon to a grassy plaza near the campuses of Carnegie Mellon University and the University of Pittsburgh. Democrats are putting a heavy emphasis on winning back three states Trump narrowly captured in 2016: Wisconsin, Michigan and Pennsylvania. Dubbed the "blue wall" before they unexpectedly tipped to Trump, they may have supplanted Florida and Ohio as the nation's premier presidential battlegrounds. Story continues Sanders had a good showing in the industrial belt in 2016's Democratic primary, winning Michigan, Indiana and Wisconsin. But Hillary Clinton pounded him in Pennsylvania, 56% to 44%. Some of Sanders' supporters from 2016 are still with him, and some are new. Stephanie Hosbach, a day-care worker who voted for Clinton in 2016's primary, drove an hour to see Sanders on Sunday and said her mind is made up to vote for him. "I work two jobs," Hosbach, 34, said. "I feel like the minimum wage needs to be higher. We all struggle and you know Bernie's for those type of people." Some of Sanders' supporters from 2016 have a taken a step back to study the big Democratic primary crowd. One rallygoer, Fred Johnston, 45, said he backed Sanders in 2016's primary, but isn't certain who he will support in the 2020 primary. "The election isn't until next year and there's a lot of choices," Johnston said. "I want to keep an open mind and hear them out. Right now Bernie's my first choice. ... I don't want to calcify my vote this early." Trump's victory in Pennsylvania made him the first Republican to win it since 1988. Trump also knows the Midwest is vital to his re-election bid and is looking to repeat in states he won in 2016 and expand his territory. The Sanders campaign said in a memo prepared in advance of the trip that the pathway to victory runs through the Midwest. The memo said that Sanders has received donations from more than 8,000 people in Wisconsin, 14,000 in Michigan and 18,000 in Pennsylvania. Sanders was leading all Democratic candidates in fundraising.

https://finance.yahoo.com/news/dadi-education-holdings-limited-hkg-011005493.html

2019-04-15 01:10:05+00:00

Simply Wall St.

https://simplywall.st/

Should Dadi Education Holdings Limited (HKG:8417) Focus On Improving This Fundamental Metric?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. To keep the lesson grounded in practicality, we'll use ROE to better understand Dadi Education Holdings Limited ( HKG:8417 ). Dadi Education Holdings has a ROE of 0.4% , based on the last twelve months. Another way to think of that is that for every HK$1 worth of equity in the company, it was able to earn HK$0.0038. Check out our latest analysis for Dadi Education Holdings How Do I Calculate ROE? The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Dadi Education Holdings: 0.4% = HK$226k ÷ HK$78m (Based on the trailing twelve months to December 2018.) It's easy to understand the 'net profit' part of that equation, but 'shareholders' equity' requires further explanation. It is all the money paid into the company from shareholders, plus any earnings retained. You can calculate shareholders' equity by subtracting the company's total liabilities from its total assets. What Does ROE Mean? ROE measures a company's profitability against the profit it retains, and any outside investments. The 'return' is the yearly profit. That means that the higher the ROE, the more profitable the company is. So, all else equal, investors should like a high ROE . That means it can be interesting to compare the ROE of different companies. Does Dadi Education Holdings Have A Good ROE? Arguably the easiest way to assess company's ROE is to compare it with the average in its industry. The limitation of this approach is that some companies are quite different from others, even within the same industry classification. As is clear from the image below, Dadi Education Holdings has a lower ROE than the average (12%) in the Consumer Services industry. SEHK:8417 Past Revenue and Net Income, April 15th 2019 That certainly isn't ideal. We'd prefer see an ROE above the industry average, but it might not matter if the company is undervalued. Still, shareholders might want to check if insiders have been selling . Story continues How Does Debt Impact Return On Equity? Most companies need money -- from somewhere -- to grow their profits. That cash can come from issuing shares, retained earnings, or debt. In the case of the first and second options, the ROE will reflect this use of cash, for growth. In the latter case, the debt used for growth will improve returns, but won't affect the total equity. In this manner the use of debt will boost ROE, even though the core economics of the business stay the same. Dadi Education Holdings's Debt And Its 0.4% ROE Shareholders will be pleased to learn that Dadi Education Holdings has not one iota of net debt! It's hard to argue its ROE is much good, but the fact that no debt was used is some comfort. After all, with cash on the balance sheet, a company has a lot more optionality in good times and bad. In Summary Return on equity is one way we can compare the business quality of different companies. A company that can achieve a high return on equity without debt could be considered a high quality business. All else being equal, a higher ROE is better. But ROE is just one piece of a bigger puzzle, since high quality businesses often trade on high multiples of earnings. The rate at which profits are likely to grow, relative to the expectations of profit growth reflected in the current price, must be considered, too. You can see how the company has grow in the past by looking at this FREE detailed graph of past earnings, revenue and cash flow . But note: Dadi Education Holdings may not be the best stock to buy . So take a peek at this free list of interesting companies with high ROE and low debt. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/9-years-prison-getting-fake-011222733.html

2019-04-15 01:12:22+00:00

ALM Media

https://www.law.com

9 Years in Prison for Getting Fake Mortgages on Fort Lauderdale Homes

U.S. District Judge Robert Scola of the Southern District of Florida U.S. District Judge Robert Scola of the Southern District of Florida. Photo: Jill Kahn A California man has been sentenced to more than nine years in prison after pretending to own two waterfront mansions and taking out $1.8 million in mortgages on the Fort Lauderdale properties. George French Jones Jr., 50, of Santa Monica is accused of falsifying documents to make it look like he owned the mansions and using the fake paperwork to land the loans. U.S. District Judge Robert Scola in Miami sentenced Jones on Friday to 116 months in prison and ordered him to pay more than $1.8 million in restitution. Defense attorney Ana Davide of the Law Offices of Ana M. Davide in Miami didn't return a request for comment by deadline. Jones was charged last October with two counts of mail fraud and one count of aggravated identity theft. Under a plea agreement signed Dec. 21, Jones agreed to plead guilty to one count each of mail fraud and identity theft. Jones was accused of creating fake corporations with names that closely resembled the corporations that own a four-bedroom waterfront home 41 Nurmi Drive and a new five-bedroom house at 1525 SE 10th St. He also created email addresses and opened bank accounts in the names of the fraudulent corporations. He also had a fake Canadian passport in the name of one of the true property owners, which was the basis of the identify theft count. The mail fraud count stems from Jones using FedEx to mail the sham loan documents, and the identity theft count in tied to the fake Canadian passport. In his plea agreement, Jones agreed to forfeit his Chevrolet Suburban and $631,504 in accounts at BB&T Bank, Regions Bank and Bank of America.

https://finance.yahoo.com/news/see-significant-insider-ownership-malachite-011315370.html

2019-04-15 01:13:15+00:00

Simply Wall St.

https://simplywall.st/

Can We See Significant Insider Ownership On The Malachite Resources Limited (ASX:MAR) Share Register?

A look at the shareholders of Malachite Resources Limited ( ASX:MAR ) can tell us which group is most powerful. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. I generally like to see some degree of insider ownership, even if only a little. As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.' Malachite Resources is not a large company by global standards. It has a market capitalization of AU$1.4m, which means it wouldn't have the attention of many institutional investors. Our analysis of the ownership of the company, below, shows that institutions are noticeable on the share registry. Let's take a closer look to see what the different types of shareholder can tell us about MAR. See our latest analysis for Malachite Resources ASX:MAR Ownership Summary, April 15th 2019 What Does The Institutional Ownership Tell Us About Malachite Resources? Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. Malachite Resources already has institutions on the share registry. Indeed, they own 5.4% of the company. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Malachite Resources, (below). Of course, keep in mind that there are other factors to consider, too. ASX:MAR Income Statement, April 15th 2019 Malachite Resources is not owned by hedge funds. We're not picking up on any analyst coverage of the stock at the moment, so the company is unlikely to be widely held. Insider Ownership Of Malachite Resources The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Story continues It seems insiders own a significant proportion of Malachite Resources Limited. Insiders own AU$201k worth of shares in the AU$1.4m company. I would say this shows alignment with shareholders, but it is worth noting that the company is still quite small; some insiders may have founded the business. You can click here to see if those insiders have been buying or selling. General Public Ownership The general public, mostly retail investors, hold a substantial 63% stake in MAR, suggesting it is a fairly popular stock. This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and the dividend payout ratio. Private Company Ownership Our data indicates that Private Companies hold 17%, of the company's shares. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research. Next Steps: It's always worth thinking about the different groups who own shares in a company. But to understand Malachite Resources better, we need to consider many other factors. Many find it useful to take an in depth look at how a company has performed in the past. You can access this detailed graph of past earnings, revenue and cash flow . Of course this may not be the best stock to buy . Therefore, you may wish to see our free collection of interesting prospects boasting favorable financials. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading. View comments

https://finance.yahoo.com/news/florida-paradise-offers-wealthy-developers-011442139.html

2019-04-15 01:14:42+00:00

ALM Media

https://www.law.com

Florida Paradise Offers Wealthy Developers a Big Trump Tax Break

The SoLeMia Miami development to rise in North Miami will include residences, restaurants, shopping and a hotel. The first part of the project, two 17-story residential towers with a parking garage and amenities, will be finished in this summer. Courtesy of SoleMia Miami. The SoLeMia Miami development to rise in North Miami will include residences, restaurants, shopping and a hotel. The first part of the project, two 17-story residential towers with a parking garage and amenities, will be finished in this summer. Courtesy of SoleMia Miami. The sun was rising and the coffee flowing as billionaire developer Richard LeFrak welcomed guests to his Hamptons home last August for one of the season’s more unusual gatherings: a “salon discussion” about a new tax break. The star of the exclusive event was Treasury Secretary Steven Mnuchin, there to explain a key piece of President Donald Trump’s signature tax overhaul. Investors developing real estate or funding businesses in some 8,700 struggling communities designated as “opportunity zones” would get big breaks to boost their returns. The administration expected the incentives to pump $100 billion into long-overlooked parts of the country. But for LeFrak, a longtime friend of Trump, it represented a potential windfall for a project he’d been working on well before the president was elected. Since 2015, his family and the Soffers, two of America’s wealthiest real estate clans, have been developing a $4 billion community called Solé Mia in North Miami, Florida. The 184-acre “live, work, play paradise” is already taking shape and is slated to include a dozen residential towers, a swimmable lagoon, a medical center, shops and a Jaguar dealership — on what used to be a Superfund site. The new law has set off a frenzy among developers to start projects that might qualify, but LeFrak’s company and its partners were way ahead. They lobbied city officials and the administration of Florida’s then-governor, Rick Scott, to support designating the census tract encompassing Solé Mia an opportunity zone. That effort prevailed, beating out numerous other communities that hoped to be included. Those moves position LeFrak and the development's other backers to reap significant tax breaks. Two people with knowledge of Solé Mia, who asked not to be identified discussing the private plans, estimated the new law may boost the project's returns by more than $100 million. Stu Loeser, a spokesman for LeFrak, said that figure is too high. Ultimately, it will hinge on how developers fund their stakes, how many apartments they sell as condos and how the property market performs. “To date, the project has received no benefits from the opportunity zone program, and it’s not clear that it will ever be able to or to what degree,” said Florence Quinn, a spokeswoman for Oleta Partners, the joint venture developing Solé Mia. “What is clear are the benefits the surrounding community will receive from this development,” including jobs and a “massive influx of new property tax revenue that’s already started,” she said. LeFrak never discussed Solé Mia or opportunity zones with the president, and only learned about the incentives after the legislation passed in December 2017, Loeser said.Both Democrats and Republicans have heralded opportunity zones as a new and potent economic development tool. Investors claim the breaks by taking capital gains they’ve already earned and deploying them in the distressed areas. But critics worry the law is written so loosely it will become a handout to the wealthy, juicing returns on projects they would have pursued anyway. Others question whether poor people living in the zones will benefit. Perhaps no other investment embodies this tension more than Solé Mia. It could rank among the largest opportunity zone projects in the country, showcasing how investors can give a jolt to struggling communities. Household incomes in North Miami, where most residents are black, lag regional and national averages. Yet, the development probably would have been built without the tax breaks. And, because of a mismatch between municipal and census boundaries, an impoverished area that helped Solé Mia qualify as an opportunity zone may not see some of the gains. Few investors had even heard of opportunity zones at the start of last year when representatives for Solé Mia met with Governor Scott’s staff to explain why their project should be eligible for the breaks, according to a person familiar with the effort. The development could be a catalyst for the city, turning a giant, underused parcel between Fort Lauderdale and Miami into a significant source of new tax revenue, they argued. The developers eventually expanded their pitch, encouraging officials in North Miami to push for the zone they wanted as well as several others, the person said. The outreach was timely. Early in 2018, governors were rushing to nominate zones to the Treasury Department. By law, they could only select a quarter of the eligible low-income census tracts, setting off a scramble by municipalities, developers, nonprofits and others to influence the process. Florida officials were ultimately inundated with more than 1,000 requests. “I was definitely being lobbied,” said Cissy Proctor, then executive director of Florida’s Department of Economic Opportunity, the agency spearheading Scott’s selections. She didn’t remember any particular request from Solé Mia, but said the state worked hard to run a transparent process that resulted in a “strong program overall in the state.” The agency analyzed data and listened to pitches, giving extra weight to suggestions from cities and counties, said Erin Gillespie, former deputy chief of staff of the department, who now runs an opportunity zone consulting firm. “We really trusted local governments to know what was best,” she said. On that front, the LeFraks and Soffers had found a willing partner in North Miami City Manager Larry Spring, who already knew about opportunity zones when the developers got in touch. “The day it passed, our federal lobbyist called and said, ‘There’s something in the code that you need to see,’” Spring recalled. An accountant by training, he saw opportunity zones as a way to accelerate the redevelopment of a part of his city that had languished for years and to significantly expand North Miami’s tax base. “Over a 30-year window, you’re talking about hundreds of millions of dollars,” Spring said. The development also promises scores of construction jobs, as well as permanent work at the businesses moving in. Costco Wholesale Corp. recently relocated a store to Solé Mia, and the University of Miami Health System announced in February it’s opening a facility there. Seeing the potential, Spring urged Scott in a letter to nominate 10 zones in his city, including the one with Solé Mia. He didn’t prioritize them. While it isn't clear whether Scott was aware of the lobbying, he later sent a list to Treasury that included the tract the LeFraks and Soffers wanted. Only two other zones in North Miami were selected — one of them adjacent to the zone with Solé Mia. Scott, now a U.S. senator, didn’t respond to requests for comment about Solé Mia or how he picked which zones to nominate. To claim the tax breaks, investors start by taking capital gains they’ve earned elsewhere and pump them into new real estate projects or businesses inside a zone. That defers what they owe the government until the end of 2026 and can ultimately reduce it. Meantime, their new investment can grow tax-free if held for a decade or more.It's possible that it won't make sense for Solé Mia's backers to claim the benefit, said Loeser, the spokesman for LeFrak. The perk can become less attractive if it prevents developers from claiming breaks on the depreciation of the property or if investors decide to hold their stakes much longer than a decade.Opportunity zone regulations are still being ironed out, which could also complicate the development’s ability to claim the benefits. Only investments made after the tax law passed can qualify, curtailing the breaks for the money already plowed into the site. Still, with hundreds of millions, if not billions, left to be invested, the families could have ample opportunity to use the incentives. Noah Buhayar reports for Bloomberg News. Jonathan Levin and Lauren Leatherby assisted with this report.

https://finance.yahoo.com/news/holistic-look-winson-holdings-hong-011846840.html

2019-04-15 01:18:46+00:00

Simply Wall St.

https://simplywall.st/

A Holistic Look At Winson Holdings Hong Kong Limited (HKG:8421)

As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of Winson Holdings Hong Kong Limited ( HKG:8421 ), it is a company with great financial health as well as a a great history of performance. Below is a brief commentary on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Winson Holdings Hong Kong here . Excellent balance sheet with proven track record 8421 delivered a bottom-line expansion of 38% in the prior year, with its most recent earnings level surpassing its average level over the last five years. Not only did 8421 outperformed its past performance, its growth also surpassed the Commercial Services industry expansion, which generated a 25% earnings growth. This is an optimistic signal for the future. 8421 is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This suggests prudent control over cash and cost by management, which is a key determinant of the company’s health. 8421 seems to have put its debt to good use, generating operating cash levels of 1.11x total debt in the most recent year. This is also a good indication as to whether debt is properly covered by the company’s cash flows. SEHK:8421 Income Statement, April 15th 2019 Next Steps: For Winson Holdings Hong Kong, I've compiled three key aspects you should further research: Future Outlook : What are well-informed industry analysts predicting for 8421’s future growth? Take a look at our free research report of analyst consensus for 8421’s outlook. Valuation : What is 8421 worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether 8421 is currently mispriced by the market. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of 8421? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing! We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/type-shareholder-owns-gujarat-alkalies-012433954.html

2019-04-15 01:24:33+00:00

[]

Simply Wall St

Simply Wall St.

https://simplywall.st/

What Type Of Shareholder Owns Gujarat Alkalies and Chemicals Limited's (NSE:GUJALKALI)?

The big shareholder groups in Gujarat Alkalies and Chemicals Limited (NSE:GUJALKALI) have power over the company. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. Companies that used to be publicly owned tend to have lower insider ownership. Gujarat Alkalies and Chemicals is a smaller company with a market capitalization of ₹36b, so it may still be flying under the radar of many institutional investors. In the chart below below, we can see that institutions own shares in the company. Let's delve deeper into each type of owner, to discover more about GUJALKALI. Check out our latest analysis for Gujarat Alkalies and Chemicals Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. Gujarat Alkalies and Chemicals already has institutions on the share registry. Indeed, they own 8.4% of the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Gujarat Alkalies and Chemicals, (below). Of course, keep in mind that there are other factors to consider, too. Gujarat Alkalies and Chemicals is not owned by hedge funds. While there is some analyst coverage, the company is probably not widely covered. So it could gain more attention, down the track. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board; and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board, themselves. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. We can see that insiders own shares in Gujarat Alkalies and Chemicals Limited. In their own names, insiders own ₹723m worth of stock in the ₹36b company. It is good to see some investment by insiders, but it might be worth checkingif those insiders have been buying. With a 16% ownership, the general public have some degree of sway over GUJALKALI. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. Our data indicates that Private Companies hold 61%, of the company's shares. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company. We can see that public companies hold 12%, of the GUJALKALI shares on issue. This may be a strategic interest and the two companies may have related business interests. It could be that they have de-merged. This holding is probably worth investigating further. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. I always like to check for ahistory of revenue growth. You can too, by accessing this free chart ofhistoric revenue and earnings in thisdetailed graph. If you would prefer discover what analysts are predicting in terms of future growth, do not miss thisfreereport on analyst forecasts. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.If you spot an error that warrants correction, please contact the editor [email protected]. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/investors-feel-3d-resources-limiteds-012728507.html

2019-04-15 01:27:28+00:00

Simply Wall St.

https://simplywall.st/

How Should Investors Feel About 3D Resources Limited's (ASX:DDD) CEO Pay?

Peter Mitchell became the CEO of 3D Resources Limited ( ASX:DDD ) in 2010. First, this article will compare CEO compensation with compensation at similar sized companies. Then we'll look at a snap shot of the business growth. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. This process should give us an idea about how appropriately the CEO is paid. View our latest analysis for 3D Resources How Does Peter Mitchell's Compensation Compare With Similar Sized Companies? Our data indicates that 3D Resources Limited is worth AU$1.9m, and total annual CEO compensation is AU$181k. (This is based on the year to June 2018). It is worth noting that the CEO compensation consists almost entirely of the salary, worth AU$181k. We looked at a group of companies with market capitalizations under AU$278m, and the median CEO total compensation was AU$355k. Most shareholders would consider it a positive that Peter Mitchell takes less total compensation than the CEOs of most similar size companies, leaving more for shareholders. However, before we heap on the praise, we should delve deeper to understand business performance. The graphic below shows how CEO compensation at 3D Resources has changed from year to year. ASX:DDD CEO Compensation, April 15th 2019 Is 3D Resources Limited Growing? 3D Resources Limited has increased its earnings per share (EPS) by an average of 23% a year, over the last three years (using a line of best fit). Its revenue is up 706% over last year. Overall this is a positive result for shareholders, showing that the company has improved in recent years. The combination of strong revenue growth with medium-term earnings per share improvement certainly points to the kind of growth I like to see. Although we don't have analyst forecasts, shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow. Has 3D Resources Limited Been A Good Investment? Given the total loss of 25% over three years, many shareholders in 3D Resources Limited are probably rather dissatisfied, to say the least. It therefore might be upsetting for shareholders if the CEO were paid generously. Story continues In Summary... It looks like 3D Resources Limited pays its CEO less than similar sized companies. Since the business is growing, many would argue this suggests the pay is modest. Unfortunately, some shareholders may be disappointed with their returns, given the company's performance over the last three years. So while we don't think, Peter Mitchell is paid too much, shareholders may hope that business performance translates to investment returns before pay rises are given out. When I see fairly low remuneration, combined with earnings per share growth, but without big share price gains, it makes me want to research the potential for future gains. So you may want to check if insiders are buying 3D Resources shares with their own money (free access). Arguably, business quality is much more important than CEO compensation levels. So check out this free list of interesting companies, that have HIGH return on equity and low debt. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/wt-group-holdings-hkg-8422-012921183.html

2019-04-15 01:29:21+00:00

Simply Wall St.

https://simplywall.st/

The WT Group Holdings (HKG:8422) Share Price Is Down 67% So Some Shareholders Are Wishing They Sold

Investing in stocks comes with the risk that the share price will fall. And unfortunately for WT Group Holdings Limited ( HKG:8422 ) shareholders, the stock is a lot lower today than it was a year ago. The share price is down a hefty 67% in that time. WT Group Holdings may have better days ahead, of course; we've only looked at a one year period. Contrary to the longer term story, the last month has been good for stockholders, with a share price gain of 9.5%. View our latest analysis for WT Group Holdings Given that WT Group Holdings only made minimal earnings in the last twelve months, we'll focus on revenue to gauge its business development. As a general rule, we think this kind of company is more comparable to loss-making stocks, since the actual profit is so low. It would be hard to believe in a more profitable future without growing revenues. WT Group Holdings's revenue didn't grow at all in the last year. In fact, it fell 13%. That looks pretty grim, at a glance. In the absence of profits, it's not unreasonable that the share price fell 67%. Fingers crossed this is the low ebb for the stock. We don't generally like to own companies with falling revenues and no profits, so we're pretty cautious of this one, at the moment. Depicted in the graphic below, you'll see revenue and earnings over time. If you want more detail, you can click on the chart itself. SEHK:8422 Income Statement, April 15th 2019 This free interactive report on WT Group Holdings's balance sheet strength is a great place to start, if you want to investigate the stock further. A Different Perspective WT Group Holdings shareholders are down 67% for the year, even worse than the market loss of 3.6%. That's disappointing, but it's worth keeping in mind that the market-wide selling wouldn't have helped. With the stock down 1.9% over the last three months, the market doesn't seem to believe that the company has solved all its problems. Given the relatively short history of this stock, we'd remain pretty wary until we see some strong business performance. You might want to assess this data-rich visualization of its earnings, revenue and cash flow. Story continues If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on HK exchanges. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/exclusive-u-waters-down-demand-012948840.html

2019-04-15 01:29:48+00:00

Reuters

http://www.reuters.com/

Exclusive: U.S. waters down demand China ax subsidies in push for trade deal - sources

By Alexandra Alper, Chris Prentice and Michael Martina WASHINGTON/BEIJING (Reuters) - U.S. negotiators have tempered demands that China curb industrial subsidies as a condition for a trade deal after strong resistance from Beijing, according to two sources briefed on discussions, marking a retreat on a core U.S. objective for the trade talks. The world's two biggest economies are nine months into a trade war that has cost billions of dollars, roiled financial markets and upended supply chains. U.S. President Donald Trump's administration has slapped tariffs on $250 billion worth of imports of Chinese goods to press demands for an end to policies - including industrial subsidies - that Washington says hurt U.S. companies competing with Chinese firms. China responded with its own tit-for-tat tariffs on U.S. goods. The issue of industrial subsidies is thorny because they are intertwined with the Chinese government's industrial policy. Beijing grants subsidies and tax breaks to state-owned firms and to sectors seen as strategic for long-term development. Chinese President Xi Jinping has strengthened the state's role in parts of the economy. In the push to secure a deal in the next month or so, U.S. negotiators have become resigned to securing less than they would like on curbing those subsidies and are focused instead on other areas where they consider demands are more achievable, the sources said. Those include ending forced technology transfers, improving intellectual property protection and widening access to China's markets, the sources said. China has already given ground on those issues. "It's not that there won't be some language on it, but it is not going to be very detailed or specific," one source familiar with the talks said in reference to the subsidies issue. A representative for the White House referred Reuters to the U.S. Trade Representative's Office, which did not respond to a request for comment. "If U.S. negotiators define success as changing the way China's economy operates, that will never happen," said the other source with knowledge of the trade talks. Story continues "A deal that makes Xi look weak is not a worthwhile deal for Xi. Whatever deal we get, it's going to be better than what we've had, and it's not going to be sufficient for some people. But that's politics," that source said. China pledged earlier this year to end market-distorting subsidies for its domestic industries but offered no details on how it would achieve that goal, three people familiar with the trade talks told Reuters in February. MIXED MESSAGES One of the key sticking points in the negotiations is the removal of the $250 billion in U.S. tariffs. It is broadly expected in the trade community that U.S. negotiators want to keep some tariffs on Chinese goods, which Washington sees as retaliation for the years of damage done to its economy by Beijing's unfair trade practices. The role of the state firms may benefit the United States in another part of the trade deal. The Trump administration wants China to make big-ticket purchases of over a trillion dollars of U.S. goods in the next six years to reduce its trade surplus. The companies likely to make the purchases are the state-run firms, both sources said. "The purchasing, for example, reinforces the role of the state sector because the purchasing is all being done through state enterprises," one of the sources said. Another point of contention between the two countries, telecommunications, may drive China to increase the state's role rather than reduce it, the source said. Pressure from the United States on allies to reduce cooperation with Chinese telecommunications champions such as Huawei Technologies could push the government into raising state support to develop technology at home. DECADES OF FRICTION Subsidies and tax breaks have been a source of friction between the two countries for years. Washington says Beijing has failed to comply with its World Trade Organization obligations on subsidies that affect both imports and exports. China has taken steps to address some U.S. concerns in cases brought before the WTO. It has also begun to publicly downplay its push to dominate the future of high-tech industries under its "Made in China 2025" policy, although few expect it to jettison those ambitions. But the USTR complains of a catalog of other subsidies and supports, including preferential access to capital and land. The United States says China has failed to disclose subsidies as required by the WTO. Washington has detailed more than 500 different subsidies it says China applies in notifications to the WTO. The scope of China's local government subsidy programs is largely unknown, and even the Chinese negotiators have said in recent discussions they do not know the details of all those programs. "China continues to shield massive sub-central government subsidies from the scrutiny of WTO members," the USTR said in a February 2019 report to Congress on China's WTO compliance. (Reporting by Alexandra Alper and Chris Prentice in Washington and Michael Martina in Beijing; Editing by Chris Sanders and Peter Cooney)

https://finance.yahoo.com/news/exclusive-u-waters-down-demand-china-ax-subsidies-012948206--business.html

2019-04-15 01:29:48+00:00

Reuters

https://www.reuters.com/

Exclusive: U.S. waters down demand China ax subsidies in push for trade deal - sources

By Alexandra Alper, Chris Prentice and Michael Martina WASHINGTON/BEIJING (Reuters) - U.S. negotiators have tempered demands that China curb industrial subsidies as a condition for a trade deal after strong resistance from Beijing, according to two sources briefed on discussions, marking a retreat on a core U.S. objective for the trade talks. The world's two biggest economies are nine months into a trade war that has cost billions of dollars, roiled financial markets and upended supply chains. U.S. President Donald Trump's administration has slapped tariffs on $250 billion worth of imports of Chinese goods to press demands for an end to policies - including industrial subsidies - that Washington says hurt U.S. companies competing with Chinese firms. China responded with its own tit-for-tat tariffs on U.S. goods. The issue of industrial subsidies is thorny because they are intertwined with the Chinese government's industrial policy. Beijing grants subsidies and tax breaks to state-owned firms and to sectors seen as strategic for long-term development. Chinese President Xi Jinping has strengthened the state's role in parts of the economy. In the push to secure a deal in the next month or so, U.S. negotiators have become resigned to securing less than they would like on curbing those subsidies and are focused instead on other areas where they consider demands are more achievable, the sources said. Those include ending forced technology transfers, improving intellectual property protection and widening access to China's markets, the sources said. China has already given ground on those issues. "It's not that there won't be some language on it, but it is not going to be very detailed or specific," one source familiar with the talks said in reference to the subsidies issue. A representative for the White House referred Reuters to the U.S. Trade Representative's Office, which did not respond to a request for comment. "If U.S. negotiators define success as changing the way China's economy operates, that will never happen," said the other source with knowledge of the trade talks. "A deal that makes Xi look weak is not a worthwhile deal for Xi. Whatever deal we get, it's going to be better than what we've had, and it's not going to be sufficient for some people. But that's politics," that source said. China pledged earlier this year to end market-distorting subsidies for its domestic industries but offered no details on how it would achieve that goal, three people familiar with the trade talks told Reuters in February. Story continues MIXED MESSAGES One of the key sticking points in the negotiations is the removal of the $250 billion in U.S. tariffs. It is broadly expected in the trade community that U.S. negotiators want to keep some tariffs on Chinese goods, which Washington sees as retaliation for the years of damage done to its economy by Beijing's unfair trade practices. The role of the state firms may benefit the United States in another part of the trade deal. The Trump administration wants China to make big-ticket purchases of over a trillion dollars of U.S. goods in the next six years to reduce its trade surplus. The companies likely to make the purchases are the state-run firms, both sources said. "The purchasing, for example, reinforces the role of the state sector because the purchasing is all being done through state enterprises," one of the sources said. Another point of contention between the two countries, telecommunications, may drive China to increase the state's role rather than reduce it, the source said. Pressure from the United States on allies to reduce cooperation with Chinese telecommunications champions such as Huawei Technologies could push the government into raising state support to develop technology at home. DECADES OF FRICTION Subsidies and tax breaks have been a source of friction between the two countries for years. Washington says Beijing has failed to comply with its World Trade Organization obligations on subsidies that affect both imports and exports. China has taken steps to address some U.S. concerns in cases brought before the WTO. It has also begun to publicly downplay its push to dominate the future of high-tech industries under its "Made in China 2025" policy, although few expect it to jettison those ambitions. But the USTR complains of a catalog of other subsidies and supports, including preferential access to capital and land. The United States says China has failed to disclose subsidies as required by the WTO. Washington has detailed more than 500 different subsidies it says China applies in notifications to the WTO. The scope of China's local government subsidy programs is largely unknown, and even the Chinese negotiators have said in recent discussions they do not know the details of all those programs. "China continues to shield massive sub-central government subsidies from the scrutiny of WTO members," the USTR said in a February 2019 report to Congress on China's WTO compliance. (Reporting by Alexandra Alper and Chris Prentice in Washington and Michael Martina in Beijing; Editing by Chris Sanders and Peter Cooney) View comments

https://finance.yahoo.com/news/lsu-reinstates-mens-basketball-coach-will-wade-013116070.html

2019-04-15 01:31:16+00:00

Yahoo Sports

https://sports.yahoo.com/

LSU reinstates basketball coach Will Wade

LSU head coach Will Wade during the first half of an NCAA college basketball game against Florida in Gainesville, Fla., Wednesday, March 6, 2019. (AP Photo/Gary McCullough) LSU announced Sunday night that it has reinstated suspended basketball coach Will Wade , two days after he met with school and NCAA officials. LSU athletic director Joe Alleva released a statement that said Wade "answered all questions and denied any wrongdoing in connection with recently reported allegations of irregularities in college basketball recruiting. … Coach Wade's explanations and clarifications offered during the meeting, absent actual evidence of misconduct, satisfy his contractual obligation to LSU. Accordingly, I have recommended that Coach Wade's suspension be lifted and that he should be allowed to resume his coaching responsibilities. President (F. King) Alexander has accepted this recommendation." Wade was suspended on March 8, the day after Yahoo Sports reported about a 2017 phone conversation intercepted by the FBI between Wade and basketball middleman Christian Dawkins. The wiretap features Wade speaking freely about a "strong-ass offer" he made in the recruitment of a prospect. In the wake of that report, Wade refused to meet with LSU officials, prompting the suspension. He missed LSU's last regular-season game and all of its games in the Southeastern Conference and NCAA tournaments. Wade also issued a statement, saying in part, "I regret the circumstances that prevented me from meeting with the University sooner. I wish I could have addressed these issues when the University first requested a meeting, and I'm grateful they gave me the opportunity to do so last week. I completely understand that without my denying or explaining the media reports accusing me of wrongdoing LSU was left with no choice but to suspend me until I was willing and able to meet with them. Any other course of action would have put the program and the University at risk." Neither LSU nor Wade discussed any particulars about the meeting, which included members of NCAA Enforcement. It is unknown what answers Wade gave in explaining what he said on the wiretap. Story continues Despite being reinstated, Wade appears to be far from finished with his involvement in the college basketball scandal. Wade and Arizona coach Sean Miller have been subpoenaed by defense attorneys to appear in the second of three federal trials of college basketball figures, which is scheduled to begin April 22 in New York. Federal prosecutors have filed a motion to keep the coaches from having to testify in that trial. Beyond that, it is unclear where the NCAA inquiry into LSU and Wade stands. It likely would be in its beginning stages. NCAA Enforcement representatives told Yahoo Sports that they have been waiting for the feds to finish their work before fully launching what figures to be many investigations. On part of the call reported last month, Wade discusses the recruitment of Javonte Smart, a guard from Baton Rouge, and expresses frustration that a third party involved in the recruitment — identified by Yahoo Sports as Baton Rouge basketball fixture Shannon Forman — had yet to accept Wade's "offer." Instead, a verbal commitment to LSU was being delayed because Wade theorized the third party hadn’t been given a big "enough piece of the pie in the deal" and instead "tilted" the offer toward the player and his mother. "I was thinking last night on this Smart thing," Wade said. "I'll be honest with you, I'm [expletive] tired of dealing with the thing. Like I'm just [expletive] sick of dealing with the [expletive]. Like, this should not be that [expletive] complicated." Dawkins is known to be on FBI wiretaps during the late spring and summer of 2017. ESPN, citing court records, previously reported that Dawkins had "at least three calls with a cellphone number belonging to LSU coach Will Wade, each of which occurred between June 19, 2017, and June 30, 2017." Smart announced his commitment to LSU via Twitter on June 30, 2017. "Dude," Wade continued to Dawkins, referring to the third party involved in the recruitment, "I went to him with a [expletive] strong-ass offer about a month ago. [Expletive] strong. "The problem was, I know why he didn't take it now, it was [expletive] tilted toward the family a little bit," Wade continued. "It was tilted toward taking care of the mom, taking care of the kid. Like it was tilted towards that. Now I know for a fact he didn't explain everything to the mom. I know now, he didn't get enough of the piece of the pie in the deal." Dawkins responded by saying, "Hmmmm." "It was a [expletive] hell of a [expletive] offer," Wade continued. "Hell of an offer." "OK," Dawkins said. "Especially for a kid who is going to be a two- or three-year kid," Wade said. Smart may turn out to be a one-year collegian, having declared for the NBA draft last week after his freshman season. He also could still return to school. The wiretap reported last month is not the only one involving Wade to surface during the federal investigation of college basketball. At the first of three trials last October, one of the defense attorneys read a transcript from another call between Wade and Dawkins. On that call, the LSU coach and Dawkins discuss the possible recruitment of Balsa Koprivica, a center who played in Florida and was one of the top players in the Class of 2019. "[Wade] is communicating to Christian Dawkins that he can get him what he needs – meaning money – if a player in Florida, Balsa Koprivica, agrees to play for LSU," said Casey Donnelly, one of Jim Gatto's attorneys. (Gatto is a former Adidas executive who was found guilty in October during the college basketball corruption trial in federal court.) Donnelly then read a portion of the transcript of the call. "Would you want Balsa?" Dawkins asked. "Oh, the big kid?" Wade responded. Dawkins confirms. "OK, but there is other [expletive] involved in it," Wade said. "Wait, I've got to shut the door … I can get you what you need but it's got to work." More from Yahoo Sports: Wetzel: Euphoria of Tiger’s Masters triumph captured in one picture Les Miles dances with Rick Ross after Kansas spring game Jim Harbaugh gets trolled from the skies at Michigan spring game Storm’s Breanna Stewart has potential Achilles injury

https://finance.yahoo.com/news/lyft-pulls-electric-bikes-three-013330025.html

2019-04-15 01:33:30+00:00

Reuters

http://www.reuters.com/

Lyft pulls electric bikes in three U.S. cities after complaints about braking

By Imani Moise NEW YORK (Reuters) - Lyft Inc is removing several thousand electric bikes from service in its bike-share program in New York, Washington and San Francisco because of a braking problem, the ride-hailing company said on Sunday. "We recently received a small number of reports from riders who experienced stronger than expected braking force on the front wheel," the company said in a blog post emailed to customers on Sunday. The company's bike share division is working to replace about 3,000 pedal-assist bikes in New York, Washington and San Francisco with traditional bikes to prevent service interruptions. The company already operates about 17,000 traditional bikes in those cities. The bike share brands that were impacted by the service removal include Citi Bike in New York, Capital Bikeshare in Washington D.C., and Ford GoBike in the Bay Area. Some of the electric bikes are still on docks but customers will no longer be able to rent them. “After a small number of reports and out of an abundance of caution, we are proactively pausing our electric bikes from service, said Citi Bike spokeswoman Julie Wood. "Safety always comes first.” The company said it had been working on a new electric bike model that would be ready to deploy soon. Lyft, which went public in March, bought Citi Bike operator Motivate last year in a move to fend off competition from rival Uber Technologies Inc’s purchase of electric cycle-sharing startup JUMP Bikes months before. (Reporting by Imani Moise; Editing by Peter Cooney and Chris Reese)

https://finance.yahoo.com/news/exclusive-u-waters-down-demand-013043184.html

2019-04-15 01:36:03+00:00

Reuters

https://www.reuters.com/

Exclusive: U.S. waters down demand China axe subsidies in push for trade deal - sources

By Alexandra Alper, Chris Prentice and Michael Martina WASHINGTON/BEIJING (Reuters) - U.S. negotiators have tempered demands that China curb industrial subsidies as a condition for a trade deal after strong resistance from Beijing, according to two sources briefed on discussions, marking a retreat on a core U.S. objective for the trade talks. The world's two biggest economies are nine months into a trade war that has cost billions of dollars, roiled financial markets and upended supply chains. U.S. President Donald Trump's administration has slapped tariffs on $250 billion (191.18 billion pounds) worth of imports of Chinese goods to press demands for an end to policies - including industrial subsidies - that Washington says hurt U.S. companies competing with Chinese firms. China responded with its own tit-for-tat tariffs on U.S. goods. The issue of industrial subsidies is thorny because they are intertwined with the Chinese government's industrial policy. Beijing grants subsidies and tax breaks to state-owned firms and to sectors seen as strategic for long-term development. Chinese President Xi Jinping has strengthened the state's role in parts of the economy. In the push to secure a deal in the next month or so, U.S. negotiators have become resigned to securing less than they would like on curbing those subsidies and are focused instead on other areas where they consider demands are more achievable, the sources said. Those include ending forced technology transfers, improving intellectual property protection and widening access to China's markets, the sources said. China has already given ground on those issues. "It's not that there won't be some language on it, but it is not going to be very detailed or specific," one source familiar with the talks said in reference to the subsidies issue. A representative for the White House referred Reuters to the U.S. Trade Representative's Office, which did not respond to a request for comment. Story continues "If U.S. negotiators define success as changing the way China's economy operates, that will never happen," said the other source with knowledge of the trade talks. "A deal that makes Xi look weak is not a worthwhile deal for Xi. Whatever deal we get, it's going to be better than what we've had, and it's not going to be sufficient for some people. But that's politics," that source said. China pledged earlier this year to end market-distorting subsidies for its domestic industries but offered no details on how it would achieve that goal, three people familiar with the trade talks told Reuters in February. MIXED MESSAGES One of the key sticking points in the negotiations is the removal of the $250 billion in U.S. tariffs. It is broadly expected in the trade community that U.S. negotiators want to keep some tariffs on Chinese goods, which Washington sees as retaliation for the years of damage done to its economy by Beijing's unfair trade practices. The role of the state firms may benefit the United States in another part of the trade deal. The Trump administration wants China to make big-ticket purchases of over a trillion dollars of U.S. goods in the next six years to reduce its trade surplus. The companies likely to make the purchases are the state-run firms, both sources said. "The purchasing, for example, reinforces the role of the state sector because the purchasing is all being done through state enterprises," one of the sources said. Another point of contention between the two countries, telecommunications, may drive China to increase the state's role rather than reduce it, the source said. Pressure from the United States on allies to reduce cooperation with Chinese telecommunications champions such as Huawei Technologies could push the government into raising state support to develop technology at home. DECADES OF FRICTION Subsidies and tax breaks have been a source of friction between the two countries for years. Washington says Beijing has failed to comply with its World Trade Organization obligations on subsidies that affect both imports and exports. China has taken steps to address some U.S. concerns in cases brought before the WTO. It has also begun to publicly downplay its push to dominate the future of high-tech industries under its "Made in China 2025" policy, although few expect it to jettison those ambitions. But the USTR complains of a catalog of other subsidies and supports, including preferential access to capital and land. The United States says China has failed to disclose subsidies as required by the WTO. Washington has detailed more than 500 different subsidies it says China applies in notifications to the WTO. The scope of China's local government subsidy programs is largely unknown, and even the Chinese negotiators have said in recent discussions they do not know the details of all those programs. "China continues to shield massive sub-central government subsidies from the scrutiny of WTO members," the USTR said in a February 2019 report to Congress on China's WTO compliance. (Reporting by Alexandra Alper and Chris Prentice in Washington and Michael Martina in Beijing; Editing by Chris Sanders and Peter Cooney)

https://finance.yahoo.com/news/had-bought-karoon-energy-asx-014209957.html

2019-04-15 01:42:09+00:00

Simply Wall St.

https://simplywall.st/

If You Had Bought Karoon Energy (ASX:KAR) Stock Five Years Ago, You'd Be Sitting On A 64% Loss, Today

While not a mind-blowing move, it is good to see that the Karoon Energy Ltd ( ASX:KAR ) share price has gained 15% in the last three months. But that doesn't change the fact that the returns over the last half decade have been disappointing. The share price has failed to impress anyone , down a sizable 64% during that time. So is the recent increase sufficient to restore confidence in the stock? Not yet. However, in the best case scenario (far from fait accompli ), this improved performance might be sustained. See our latest analysis for Karoon Energy We don't think Karoon Energy's revenue of AU$830,005 is enough to establish significant demand. We can't help wondering why it's publicly listed so early in its journey. Are venture capitalists not interested? So it seems shareholders are too busy dreaming about the progress to come than dwelling on the current (lack of) revenue. For example, they may be hoping that Karoon Energy finds fossil fuels with an exploration program, before it runs out of money. Companies that lack both meaningful revenue and profits are usually considered high risk. You should be aware that there is always a chance that this sort of company will need to issue more shares to raise money to continue pursuing its business plan. While some such companies go on to make revenue, profits, and generate value, others get hyped up by hopeful naifs before eventually going bankrupt. It certainly is a dangerous place to invest, as Karoon Energy investors might realise. Karoon Energy has plenty of cash in the bank, with net cash sitting at AU$290m, when it last reported (December 2018). This gives management the flexibility to drive business growth, without worrying too much about cash reserves. But with the share price diving 18% per year, over 5 years, it could be that the price was previously too hyped up. You can click on the image below to see (in greater detail) how Karoon Energy's cash and debt levels have changed over time. Story continues ASX:KAR Historical Debt, April 15th 2019 Of course, the truth is that it is hard to value companies without much revenue or profit. Would it bother you if insiders were selling the stock? It would bother me, that's for sure. You can click here to see if there are insiders selling. A Different Perspective Investors in Karoon Energy had a tough year, with a total loss of 16%, against a market gain of about 12%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Unfortunately, longer term shareholders are suffering worse, given the loss of 18% doled out over the last five years. We'd need to see some sustained improvements in the key metrics before we could muster much enthusiasm. You might want to assess this data-rich visualization of its earnings, revenue and cash flow. If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on AU exchanges. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/kind-shareholder-owns-most-gtl-014446468.html

2019-04-15 01:44:46+00:00

[]

Simply Wall St

Simply Wall St.

https://simplywall.st/

What Kind Of Shareholder Owns Most GTL Limited (NSE:GTL) Stock?

A look at the shareholders of GTL Limited (NSE:GTL) can tell us which group is most powerful. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. Warren Buffett said that he likes 'a business with enduring competitive advantages that is run by able and owner-oriented people'. So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. GTL is a smaller company with a market capitalization of ₹728m, so it may still be flying under the radar of many institutional investors. In the chart below below, we can see that institutions own shares in the company. Let's delve deeper into each type of owner, to discover more about GTL. See our latest analysis for GTL Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. GTL already has institutions on the share registry. Indeed, they own 37% of the company. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of GTL, (below). Of course, keep in mind that there are other factors to consider, too. Hedge funds don't have many shares in GTL. As far I can tell there isn't analyst coverage of the company, so it is probably flying under the radar. The definition of company insiders can be subjective, and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board; and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board, themselves. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Our most recent data indicates that insiders own a reasonable proportion of GTL Limited. It has a market capitalization of just ₹728m, and insiders have ₹86m worth of shares in their own names. I would say this shows alignment with shareholders, but it is worth noting that the company is still quite small; some insiders may have founded the business. You canclick here to see if those insiders have been buying or selling. With a 18% ownership, the general public have some degree of sway over GTL. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. We can see that Private Companies own 32%, of the shares on issue. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company. While it is well worth considering the different groups that own a company, there are other factors that are even more important. I always like to check for ahistory of revenue growth. You can too, by accessing this free chart ofhistoric revenue and earnings in thisdetailed graph. If you would prefer check out another company -- one with potentially superior financials -- then do not miss thisfreelist of interesting companies, backed by strong financial data. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.If you spot an error that warrants correction, please contact the editor [email protected]. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/does-cbk-holdings-limited-hkg-014732824.html

2019-04-15 01:47:32+00:00

Simply Wall St.

https://simplywall.st/

Does CBK Holdings Limited (HKG:8428) Have A Particularly Volatile Share Price?

If you own shares in CBK Holdings Limited ( HKG:8428 ) then it's worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta is a measure of volatility. Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. The first type is company specific volatility. Investors use diversification across uncorrelated stocks to reduce this kind of price volatility across the portfolio. The second type is the broader market volatility, which you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks on the market. Some stocks mimic the volatility of the market quite closely, while others demonstrate muted, exagerrated or uncorrelated price movements. Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). However, Warren Buffett said 'volatility is far from synonymous with risk' in his 2014 letter to investors. So, while useful, beta is not the only metric to consider. To use beta as an investor, you must first understand that the overall market has a beta of one. Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market. See our latest analysis for CBK Holdings What we can learn from 8428's beta value Looking at the last five years, CBK Holdings has a beta of 1.71. The fact that this is well above 1 indicates that its share price movements have shown sensitivity to overall market volatility. Based on this history, investors should be aware that CBK Holdings are likely to rise strongly in times of greed, but sell off in times of fear. Beta is worth considering, but it's also important to consider whether CBK Holdings is growing earnings and revenue. You can take a look for yourself, below. SEHK:8428 Income Statement, April 15th 2019 Could 8428's size cause it to be more volatile? CBK Holdings is a rather small company. It has a market capitalisation of HK$293m, which means it is probably under the radar of most investors. Relatively few investors can influence the price of a smaller company, compared to a large company. This could explain the high beta value, in this case. Story continues What this means for you: Since CBK Holdings tends to moves up when the market is going up, and down when it's going down, potential investors may wish to reflect on the overall market, when considering the stock. This article aims to educate investors about beta values, but it's well worth looking at important company-specific fundamentals such as CBK Holdings’s financial health and performance track record. I urge you to continue your research by taking a look at the following: Financial Health : Are 8428’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here . Other High-Performing Stocks : Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here . We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/kind-shareholder-owns-most-goenka-015228057.html

2019-04-15 01:52:28+00:00

[]

Simply Wall St

Simply Wall St.

https://simplywall.st/

What Kind Of Shareholder Owns Most Goenka Diamond and Jewels Limited (NSE:GOENKA) Stock?

The big shareholder groups in Goenka Diamond and Jewels Limited (NSE:GOENKA) have power over the company. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. I quite like to see at least a little bit of insider ownership. As Charlie Munger said 'Show me the incentive and I will show you the outcome.' Goenka Diamond and Jewels is not a large company by global standards. It has a market capitalization of ₹108m, which means it wouldn't have the attention of many institutional investors. Taking a look at our data on the ownership groups (below), it's seems that institutional investors have not yet purchased much of the company. Let's take a closer look to see what the different types of shareholder can tell us about GOENKA. Check out our latest analysis for Goenka Diamond and Jewels Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. Institutions own less than 5% of Goenka Diamond and Jewels. That indicates that the company is on the radar of some funds, but it isn't particularly popular with professional investors at the moment. So if the company itself can improve over time, we may well see more institutional buyers in the future. When multiple institutional investors want to buy shares, we often see a rising share price. The past revenue trajectory (shown below) can be an indication of future growth, but there are no guarantees. Goenka Diamond and Jewels is not owned by hedge funds. We're not picking up on any analyst coverage of the stock at the moment, so the company is unlikely to be widely held. The definition of company insiders can be subjective, and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board; and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board, themselves. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. Our most recent data indicates that insiders own the majority of Goenka Diamond and Jewels Limited. This means they can collectively make decisions for the company. Given it has a market cap of ₹108m, that means they have ₹67m worth of shares. Most would argue this is a positive, showing strong alignment with shareholders. You canclick here to see if those insiders have been buying or selling. The general public holds a 32% stake in GOENKA. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. It's always worth thinking about the different groups who own shares in a company. But to understand Goenka Diamond and Jewels better, we need to consider many other factors. I like to dive deeperinto how a company has performed in the past. You can accessthisinteractive graphof past earnings, revenue and cash flow for free. Of coursethis may not be the best stock to buy. Therefore, you may wish to see ourfreecollection of interesting prospects boasting favorable financials. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.If you spot an error that warrants correction, please contact the editor [email protected]. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/insiders-buying-bar-pacific-group-015721109.html

2019-04-15 01:57:21+00:00

Simply Wall St.

https://simplywall.st/

Have Insiders Been Buying Bar Pacific Group Holdings Limited (HKG:8432) Shares This Year?

It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that there are more than a few examples of insiders dumping stock prior to a period of weak performance. So shareholders might well want to know whether insiders have been buying or selling shares in Bar Pacific Group Holdings Limited ( HKG:8432 ). What Is Insider Selling? Most investors know that it is quite permissible for company leaders, such as directors of the board, to buy and sell stock on the market. However, rules govern insider transactions, and certain disclosures are required. Insider transactions are not the most important thing when it comes to long-term investing. But it is perfectly logical to keep tabs on what insiders are doing. For example, a Columbia University study found that 'insiders are more likely to engage in open market purchases of their own company’s stock when the firm is about to reveal new agreements with customers and suppliers'. Check out our latest analysis for Bar Pacific Group Holdings Bar Pacific Group Holdings Insider Transactions Over The Last Year While there weren't any large insider transactions in the last twelve months, it's still worth looking at the trading. The chart below shows insider transactions (by individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction! SEHK:8432 Recent Insider Trading, April 15th 2019 There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them). Insider Ownership Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. Based on our data, Bar Pacific Group Holdings insiders have about 1.7% of the stock, worth approximately HK$1.4m. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. We prefer to see high levels of insider ownership. Story continues What Might The Insider Transactions At Bar Pacific Group Holdings Tell Us? There haven't been any insider transactions in the last three months -- that doesn't mean much. However, our analysis of transactions over the last year is heartening. The transactions are fine but it'd be more encouraging if Bar Pacific Group Holdings insiders bought more shares in the company. I like to dive deeper into how a company has performed in the past. You can access this interactive graph of past earnings, revenue and cash flow for free . If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/close-look-macquarie-telecom-group-015747841.html

2019-04-15 01:57:47+00:00

Simply Wall St.

https://simplywall.st/

A Close Look At Macquarie Telecom Group Limited’s (ASX:MAQ) 23% ROCE

Today we are going to look at Macquarie Telecom Group Limited ( ASX:MAQ ) to see whether it might be an attractive investment prospect. Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. First, we'll go over how we calculate ROCE. Next, we'll compare it to others in its industry. Finally, we'll look at how its current liabilities affect its ROCE. Return On Capital Employed (ROCE): What is it? ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business. In general, businesses with a higher ROCE are usually better quality. In brief, it is a useful tool, but it is not without drawbacks. Author Edwin Whiting says to be careful when comparing the ROCE of different businesses, since 'No two businesses are exactly alike.' How Do You Calculate Return On Capital Employed? Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Macquarie Telecom Group: 0.23 = AU$25m ÷ (AU$146m - AU$40m) (Based on the trailing twelve months to December 2018.) So, Macquarie Telecom Group has an ROCE of 23%. View our latest analysis for Macquarie Telecom Group Is Macquarie Telecom Group's ROCE Good? When making comparisons between similar businesses, investors may find ROCE useful. Using our data, we find that Macquarie Telecom Group's ROCE is meaningfully better than the 8.2% average in the Telecom industry. We consider this a positive sign, because it suggests it uses capital more efficiently than similar companies. Regardless of the industry comparison, in absolute terms, Macquarie Telecom Group's ROCE currently appears to be excellent. Our data shows that Macquarie Telecom Group currently has an ROCE of 23%, compared to its ROCE of 0.8% 3 years ago. This makes us wonder if the company is improving. Story continues ASX:MAQ Past Revenue and Net Income, April 15th 2019 When considering ROCE, bear in mind that it reflects the past and does not necessarily predict the future. ROCE can be deceptive for cyclical businesses, as returns can look incredible in boom times, and terribly low in downturns. This is because ROCE only looks at one year, instead of considering returns across a whole cycle. Since the future is so important for investors, you should check out our free report on analyst forecasts for Macquarie Telecom Group . How Macquarie Telecom Group's Current Liabilities Impact Its ROCE Current liabilities are short term bills and invoices that need to be paid in 12 months or less. The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise. To counter this, investors can check if a company has high current liabilities relative to total assets. Macquarie Telecom Group has total assets of AU$146m and current liabilities of AU$40m. Therefore its current liabilities are equivalent to approximately 27% of its total assets. A minimal amount of current liabilities limits the impact on ROCE. Our Take On Macquarie Telecom Group's ROCE Low current liabilities and high ROCE is a good combination, making Macquarie Telecom Group look quite interesting. There might be better investments than Macquarie Telecom Group out there, but you will have to work hard to find them . These promising businesses with rapidly growing earnings might be right up your alley. If you are like me, then you will not want to miss this free list of growing companies that insiders are buying. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/notes-freddie-mercury-cant-judges-stunned-american-idol-performance-015759152.html

2019-04-15 01:57:59+00:00

Yahoo Music

https://www.yahoo.com/music

'Notes that Freddie Mercury can't do': Judges stunned by 'American Idol' performance

Pastor’s son Jeremiah Lloyd Harmon — with his powerful pipes, pure and unguarded heart, and poignant coming-out story — has been one to watch this American Idol season. But this Sunday, during the first public-voted performance show of Season 17, he took the competition to an entirely new stratospheric leve — “past Pluto and Mars,” as judge Lionel Richie put it. The astounded Lionel went so far as to invoke the name of late, great Queen showman Freddie Mercury — praise that even Idol runner-up Adam Lambert, who actually fronts Queen now, never received in Season 8. After Jeremiah’s breathtakingly beautiful piano performance of Sir Elton John’s “We All Fall in Love Sometimes,” Lionel gasped, “You just took an Elton John song, and you went past Freddie Mercury and you Jeremiah’d the whole thing. I mean, there are notes that Elton can’t do. There are notes that — I can’t believe it — Freddie Mercury can’t do . You went to Z-flat somewhere up there.” Added fellow judge Luke Bryan, “I see ‘Jeremiah Lloyd Harmon’ on this big billboard.” It was an emotional night for Jeremiah in other ways, as the openly gay singer-songwriter happily revealed that he is now in a “better place” with his once-estranged, super-religious family; he even shared some recent home footage of their reunion at his sister’s wedding. Judge Katy Perry — a pastor’s kid herself — was in tears. “I’m just so proud,” she gushed. “You’re such a gift. You’re a light to world. Your story is everything, and your talent supersedes all. … We’re so blessed to have this job, to be able to meet people like you.” Obviously Jeremiah is a lock for the top 10, which will be announced Monday on the first live results show of the season. On that knuckle-biter of an episode, seven of the current top 14 contestants will advance via America’s vote, and the judges will save three additional singers. Let’s look at Sunday’s other performances and try to predict Monday’s outcome: Laine Hardy, “That’s Alright Mama” Laine has been channeling Elvis the Pelvis in recent “party with a Hardy” rock-star performances — a smart strategy that will likely win over this show’s older fanbase. (“You know your strengths, and you’re playing to them well,” Katy told him.) This was very ‘68 Comeback Special , right down to the red stage, and Laine had King-like confidence — even if Luke told him, “I wanted to see you let go more like Elvis does.” But I fear this bayou boy could plateau if he doesn’t switch it up more. I don’t want to see Laine turn into some Vegas impersonator. Story continues Evelyn Cormier, “The Middle” I assumed that this quirky, sultry chanteuse would transform Jimmy Eat World’s emo-pop anthem into some sort of ethereal ballad, but she played this surprisingly straight. Where was the torchy, tortured magic of “Wicked Game” and “Leaving on a Jet Plane”? Katy thought the risk paid off and loved Evelyn’s chameleonic tendencies, and Luke loved her show-womanship and “Van Halen leg-kick,” but I thought everything that had made Evelyn special was just gone . Alyssa Raghu, “She Used to Be Mine” This was one of Alyssa’s better performances; she’s a balladeer, and if she continues in this competition, she should never do an uptempo pop banger ever again. This wasn’t a perfect performance — it got a bit shouty at the end, it lacked Sara Bareilles’s raw emotion, and Katy said Alyssa’s dynamics needed work — but it was a solid effort. Eddie Island, “Benny and the Jets” While Jeremiah’s Elton cover was the real deal, this was a silly throwaway. The stadium song gave Eddie yet another opportunity to mug, vamp, and goof off — not something he needed at this point in the game. His pre-performance interview, in which he tearfully reflected on his bullied childhood, made me realize why he uses humor as a crutch. I just wish he’d stop trying to be such a people-pleaser and let more of that vulnerability come through. For instance, Katy likened his voice to that of Adam Duritz of Counting Crows. That being said, this vocal was screechy and sloppy, sounding like a murder of crows. Eddie may be safe this week due to his huge social media following, and he gets fashion points for that sparkly peacock jacket, of which I am sure Sir Elton would approve. But Elton would not have approved anything else about this mess. Riley Thompson, “Suds in the Bucket” This was very Branson, very Dollywood matinee, and a disappointing regression from Riley’s mature duet with Brett Young last week. But the sassy Sara Evans song played to the sweet 16-year-old Riley’s performance strengths (“How does it feel becoming a star?” said Luke), and I could see Riley being this show’s new America’s sweetheart — if there is room for both her and this season’s much more interesting blond country ingenue, Laci Kaye Booth. Wade Cota, “Trouble” Husky-voiced Wade’s husky song choices this season have been a bit too on-the-nose, and that was the case with Ray LaMontagne classic. I wish he’d rework an unexpected song in his own style — or do something from his just-disclosed recent heavy metal past, the reason his voice is so raspy now — rather than playing it safe with a staple from his Arizona bar-band setlist. But Wade’s song choice wasn’t the only thing that was tired here — his voice sounded fatigued, literally. If he continues, hopefully his voice won’t give out midway through Season 17. Dimitrius Graham, “Perfect” I am worried that this kid from the mean streets of Baltimore with the scary face tattoos won’t connect with this show’s conservative viewership — and that would be such a shame. Dimitrius is a true artist. He an opera singer! He’s the “ male Beyoncé ”! His dramatic, reworked arrangement of Ed Sheeran’s popular ballad was, well, just about perfect. I was getting Frank Ocean vibes from this. It felt modern and cool. Katy called it “miraculous,” Lionel called it “explosive,” and the studio audience was screaming . I hope all that will be reflected in the public vote this week. Madison Vandenburg, “Fallin’” Madison was declared “the next Kelly Clarkson” after her Idol audition, and she even covered Kelly during Hollywood Week. But she admitted that she feared she wouldn’t be able to ultimately shake off the Kelly comparisons. Well, she needn’t worry anymore! After slaying this Alicia Keys torch song, Madison is “the next Madison Vandenburg.” Said Katy, “You just carved out your own notch. You are your own person.” This was a soulful tour de force, and it felt like a classic American Idol moment. “That is how you put yourself in contention. … You just really made a statement. Become a diva now!” said Luke. Uché, “Finesse” “ I know I’m not the best singer of the competition, but I will always leave everything I possibly can,” Uché, a.k.a. “Mr. Entertainment,” declared before his performance, which he prepared for by watch Janet Jackson videos backstage. And he definitely delivered. He was dripping in finesse during this dynamite Bruno Mars cover, coming out New Jack Swinging. He was giving me bodyrolls, ‘90s MTV choreo, and some Larry Blackmon realness. (All that was missing was the Cameo codpiece, although Uché’s scarlet trousers and piled-on gold chains also made quite the fashion statement.) “That was like the opening of the best awards show I’ve ever been to,” raved Luke. All three judges loved Uché moves and got up out of their seats to dance along, but I think Uché underestimated his vocal ability; I was actually impressed by his stamina and breath control from start to finish. Alejandro Aranda, “One Dance” Just when we thought we’d seen all the tricks up this struggling musician’s flannel sleeve, Alejandro the acoustic guitar-picker threw us a major curveball with this electronic Drake cover — performed with a keyboard and drum machine, inspired by his work with his band Scarypoolparty. Now this was creative, and this was a risk! I just hope the risk pays off, since it’s a little early — the first voted show of the season?!? — to be pulling this switcharoo. But kudos to Alejandro, whom Katy called a “shapeshifter,” for maintaining his artistic integrity, no matter what. “You can do no wrong,” assured Luke. I can’t wait to see what this guy does next … assuming he didn’t alienate his fanbase. Ashley Hess, “Fix You” Ashley was channeling Season 7’s Brooke White with this tasteful, elegant Coldplay cover. Katy compared her to Diana Krall and Carole King. I’m glad Ashley stayed at her piano this time, because that’s where she shines, but Madison’s piano performance was so extraordinary that I am afraid Ashley will get lost in the shuffle here. This wasn’t as amazing as I’d hoped. But as Lionel put it, it was “very, very strong.” Laci Kaye Booth, “I Miss You” Laci was a revelation reinterpreting Cheap Trick a couple weeks ago, and she wove a similarly magical alt-country spell with this unexpected Blink-182 cover backed by a string quartet. “This is a big, special moment for you,” said Lionel. This girl has it all: a gorgeously golden voice, a unique point of view, creativity, confidence, and a marketable Underwood-esque look. As Katy put it, she’s “the definition of Idol .” Walker Burroughs, “Climb Every Mountain” This wasn’t exactly the hippest song performance, especially on a night when risk-takers like Dimitrius, Uché, Alejandro, and Laci actually seemed like artists that might be on the radio or MTV. It felt like a school recital. But I guess it was a good recital — like a school recital by Clay Aiken, really. And Idol ’s aging base will love Walker’s Season 2 throwback vibes. This kid’s not going anywhere any time soon. “You brought the whole house down,” said Luke. So now, it is prediction time. Which four contestants are going home? My picks , based solely on Monday’s performances, would be Alyssa, Evelyn, Eddie, and Walker. But those last two will sail through. Instead, I think it’ll be Wade, Evelyn, Alyssa, Riley — and that the judges will have to save Ashley, Dimitrius, and Uché. With talent like this, we’re in for at least a couple shockers Monday. Kieran, dim the lights, indeed. Read more from Yahoo Entertainment: Has ‘American Idol’ found its new Adam Lambert? Meet… Uché! Meet ‘American Idol’ genius Alejandro Aranda: ‘In the history of the show, there has never been somebody like you’ #Flawless: Meet the ‘American Idol’ contestant Katy Perry calls ‘the male Beyoncé’ J.Lo redeems herself after Grammy Motown backlash with surprisingly rockin’ Elvis tribute Follow Lyndsey on Facebook , Twitter , Instagram , Amazon , Spotify. Want daily pop culture news delivered to your inbox? Sign up here for Yahoo Entertainment & Lifestyle’s newsletter.

https://finance.yahoo.com/news/legal-learn-facebook-dhl-volvo-020137296.html

2019-04-15 02:01:37+00:00

ALM Media

https://www.law.com

What Can Legal Learn from Facebook, DHL, Volvo and Home Depot? More Than You Think.

Jill Huse with Society54, left, and Ioana Good with Lowndes, right. Jill Huse with Society54, left, and Ioana Good with Lowndes, right. LMA 2019 hit it out of the ballpark this year. With over 1,500 attendees and 150 speakers, everyone came together in Atlanta, Georgia to learn how to improve their business skills, discover the latest technologies, grow revenues and network with peers and vendors from around the world. With recognizable names like Jennifer Dulsky, head of Groups & Community at Facebook as the conference keynote speaker, Mark Smolik, general counsel and chief compliance officer at DHL Supply Chain Americas, Alexia J. Maas, senior vice president, general counsel from Volvo Financial Services and William Barnette, associate general counsel at The Home Depot, the conference received a lot of exposure but it also delivered many valuable lessons. The most resounding takeaway—the world is moving at an ever-increasing pace and law firms must embrace new ways of doing business if they are to succeed and thrive. General Counsel Panel—Find a Way to Change With Me The GC panel dubbed as “An Inside View: General Counsel Perspectives on the Use of Alternative Legal Service Providers and Artificial Intelligence” is always a big draw. With a straight-forward approach, Smolik with DHL told the audience that the average cost of a senior member of his in-house legal team is $174 an hour. “I can’t afford to pay you $800 an hour or invest in the technology that you can invest in to serve multiple clients,” he said. “You don’t need to invite me to a golf tournament that I’m helping to pay for. Instead, provide me with the latest updates and technologies that make life easier. If you want to remain competitive, you have to find a way to change with me.” Smolik touted that he was not only hired because he is a good lawyer, he was hired because he can talk with people at all levels in nonlegalese. He advised the audience to go back and encourage lawyers to publish valuable information for the lay audience. Smolik gave an example about a firm that pitched him when a major suit was filed against Ohio-based DHL in federal court. They provided a two-page analysis of the case—covering the judge, opposing counsel, a proposed strategy and a budget. The document was drafted by a young associate several years ago and Smolik still works with them today. Maas from Volvo Financial Services mentioned they are embracing legal tech disrupters to help with legal compliance. They have developed an innovation lab and invited several companies to help them push their business. Additionally, Maas said that law firms can help by providing rapid executive guidance to better manage risk and make sharp decisions. Barnette from The Home Depot talked about reducing costs and delivering budget certainty internally. A few years ago the company implemented fixed fee retainer programs with additional measures across a wide array of matters and the Association of Corporate Council has recognized the company for its innovative pricing. All general counsel agreed that they hire lawyers not law firms and that it’s all about their relationships and knowledge not their board positions and accolades. “You’re failing to recognize that the company behind us is run by entrepreneurs, and they’re expecting us to act that way, and we’re expecting you to act that way,” Smolik said. Law firms need to recognize that this is a new era. Competition is fierce, legal buyers are sophisticated and looking for the firms that can partner in innovation but also share in risk. Law firms need to make sure they are asking their clients, “what do you value” and deliver on that answer. Story continues Flunking Client Service In a panel titled, “The Next Big Thing—Service Metamorphosis Driving Performance Improvement!” we heard from Deborah McMurray, CEO + strategy architect of Content Pilot, Melanie Green, chief client development officer at Faegre Baker Daniels, Terra M. Liddell, chief marketing officer at Finnegan, Henderson, Farabow, Garrett & Dunner and Douglas B. Tumminello, a partner with Lewis Roca Rothgerber Christie. “Client service has been talked about for over 30 years and our industry deserves an F!” said McMurray. In a survey conducted by Altman Weil, law firms were asked why they are not doing more to challenge the way they deliver legal services: 59.1 percent said no one asked. Big lesson folks! Don’t wait for someone to ask & take their work away from you: 69 percent of partners admitted they resist change. Another big lesson! Change is the only thing that is constant—we need to embrace it. Without change, you will not survive! The speakers looked at top-notch client service leaders like Nordstrom, Disney and Uber. What they found was that client service leaders experienced: 37 percent higher revenue growth; 48 percent higher profits; and 1 percent higher client retention. We also learned that at Finnegan, Henderson, Farabow, Garrett & Dunner, the firm has a three-year rotation program for the leaders at the top—from managing partner to chairs and practice group leaders. Succession planning is enforced so that everyone is able to lead and succeed. The firm’s top 200 clients: 58 percent have been around for 10 years; and 42 percent have been around for 20 years. Their lawyers meet in service groups on a monthly basis to talk about how to grow clients. They discuss potential conflicts, what other opportunities are there and always work together to plan for emerging trends. At Lewis Roca Rothgerber Christie, the firm has recognized the importance of client service and they have invested in a dedicated client service partner. The firm conducts regular extensive client interviews, develops client service standards and invests in journey mapping where attorneys and business professionals look at all the matters and all of the touch points with clients. Faegre Baker Daniels has a dedicated client service partner and client service team. They have divided clients between managers to service clients much like an IT help desk called “The Marketing Request Center.” CRM Is Still a Headache Customer-relationship management (CRM) issues continue to plague all law firms. In a session called “How to Turn CRM Into an Insights Engine,” it was reported that only 5 percent of lawyers use their firm's CRM for business and client development purposes—a missed opportunity that needs to change! The advice was to start thinking about CRM with serious inside-out mindsets by integrating with all firm and client workflow and life-cycle data (pre-build with intakes, conflicts, pricing, time, billing and experience). Additional advice was to create touch points around the firm so that everyone moves the same direction and helps attorneys make informed decisions. Turning your CRM into an engine—don't just produce reports but also analyze and pass on the right information to help the person in power act. Spark the Change Finally, Dulsky, who is the head of Groups & Community at Facebook (a product used by more than 1.4 billion people to create and engage in communities that matter to them) and author of Wall Street Journal bestseller “Purposeful: Are You a Manager or a Movement Starter?” said that it does not matter if you are a startup, a law firm, a Fortune 500 company, an intern or a CEO. Anyone can make modifications and spark change at any level and this should be highly encouraged and rewarded in firms who want to grow and push boundaries to provide top-notch client service. Dulski explained that you have to work together in groups (different levels, gender and ethnicity to gain a different perspective) and create a clear vision, inspire supporters, persuade decision-makers, navigate criticism and more. She explained that if you want a stronger company, you must build stronger teams and allow them to be creative. Becoming more in tune with your audience is critical. So what can the legal industry learn from Fortune 500 companies, general counsel and entrepreneurs? Law firms need to expand their horizon and take client service, technology, process and pricing to the next level. How does your law firm rate and what steps can you take to help your firm improve? Ioana Good is the senior business development and communications manager at Lowndes and she is the past president of the Legal Marketing Association Southeastern Chapter. Good is a published author and speaker, and currently serves on the Professional Advocacy Group for LMA international and the Southeast region simultaneously. Jill Huse is a partner at Society54 and the incoming president of LMA international. She is a published speaker, author, certified coach and holds her master's degree in law firm management.

https://finance.yahoo.com/news/takbo-group-holdings-limited-hkg-020715282.html

2019-04-15 02:07:15+00:00

Simply Wall St.

https://simplywall.st/

Takbo Group Holdings Limited (HKG:8436) Earns Among The Best Returns In Its Industry

Today we'll evaluate Takbo Group Holdings Limited ( HKG:8436 ) to determine whether it could have potential as an investment idea. To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. First of all, we'll work out how to calculate ROCE. Then we'll compare its ROCE to similar companies. Then we'll determine how its current liabilities are affecting its ROCE. Understanding Return On Capital Employed (ROCE) ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business. All else being equal, a better business will have a higher ROCE. Overall, it is a valuable metric that has its flaws. Author Edwin Whiting says to be careful when comparing the ROCE of different businesses, since 'No two businesses are exactly alike.' How Do You Calculate Return On Capital Employed? Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Takbo Group Holdings: 0.19 = HK$33m ÷ (HK$190m - HK$19m) (Based on the trailing twelve months to December 2018.) So, Takbo Group Holdings has an ROCE of 19%. View our latest analysis for Takbo Group Holdings Does Takbo Group Holdings Have A Good ROCE? ROCE is commonly used for comparing the performance of similar businesses. Takbo Group Holdings's ROCE appears to be substantially greater than the 11% average in the Personal Products industry. I think that's good to see, since it implies the company is better than other companies at making the most of its capital. Regardless of where Takbo Group Holdings sits next to its industry, its ROCE in absolute terms appears satisfactory, and this company could be worth a closer look. SEHK:8436 Past Revenue and Net Income, April 15th 2019 When considering this metric, keep in mind that it is backwards looking, and not necessarily predictive. Companies in cyclical industries can be difficult to understand using ROCE, as returns typically look high during boom times, and low during busts. ROCE is, after all, simply a snap shot of a single year. You can check if Takbo Group Holdings has cyclical profits by looking at this free graph of past earnings, revenue and cash flow . Story continues Takbo Group Holdings's Current Liabilities And Their Impact On Its ROCE Current liabilities are short term bills and invoices that need to be paid in 12 months or less. The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise. To counter this, investors can check if a company has high current liabilities relative to total assets. Takbo Group Holdings has total assets of HK$190m and current liabilities of HK$19m. As a result, its current liabilities are equal to approximately 9.9% of its total assets. Low current liabilities have only a minimal impact on Takbo Group Holdings's ROCE, making its decent returns more credible. Our Take On Takbo Group Holdings's ROCE If it is able to keep this up, Takbo Group Holdings could be attractive. Takbo Group Holdings looks strong on this analysis, but there are plenty of other companies that could be a good opportunity . Here is a free list of companies growing earnings rapidly. If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them). We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/sanders-sending-migrants-sanctuary-cities-not-top-choice-141427199.html

2019-04-15 02:08:10+00:00

Associated Press

https://apnews.com/

White House: Migrants to sanctuary cities not a top choice

WASHINGTON (AP) — President Donald Trump wants to explore a twice-rejected proposal to send migrants to "sanctuary cities," but that is not the preferred solution to fix the straining immigration system, the White House said Sunday. Press secretary Sarah Sanders said it was one of many options, though she hoped Congress would work with the president on a comprehensive immigration overhaul. The Trump administration is dealing with an ever-increasing number of Central American migrants crossing the U.S.-Mexico border, an influx that has pushed the immigration system to the breaking point. Laws make it hard to quickly return Central Americans, and many of them spend years in the U.S. waiting for their immigration cases to play out. Others claim asylum and wait just as long, living and working in the U.S. as they wait. "Sanctuary cities" are mostly left-leaning places such as New York City and San Francisco where laws prohibit local police and correction officers from working with immigration officials to help arrest and deport people living here illegally. Trump seized on reports last week of the proposal that sought to send migrants already detained to Democratic locations or transport migrants that have just crossed the U.S.-Mexico border to sanctuary cities. Sanders said the idea would be to spread out the number of migrants so the strain would not be on "one or two border communities." "The president likes the idea and Democrats have said they want these individuals into their communities so let's see if it works and everybody gets a win out of it," Sanders said. "Again, this is not the ideal situation." Trump tweeted on Saturday evening that the U.S. had the "absolute legal right to have apprehended illegal immigrants transferred to Sanctuary Cities." But the plan had already been eschewed twice. People with knowledge of the discussions say it was first brought to the Department of Homeland Security from White House staff in November, and was again discussed in February but was put down after DHS officials reviewed it and found it was too costly, a misuse of funds and would be too timely. The people were not authorized to speak publicly and spoke on condition of anonymity. Story continues It actually could make it more difficult for Immigration and Customs Enforcement officers to arrest people facing deportation because sanctuary cities do not work with ICE. The Transactional Records Access Clearinghouse at Syracuse University announced last week that an analysis found that immigrants in sanctuary cities are 20% less likely to be arrested out in the community than in cities without such policies. Democrats criticized the White House proposal as a political stunt that used humans as pawns and would not work. "Look, you can't threaten somebody with something they're not afraid of," said Gov. Jay Inslee of Washington state, a candidate for president. "And we are not afraid of diversity in the state of Washington. We relish it. It is the basis of our economic and cultural success. We're built as a state of immigrants." The chairman of the House Homeland Security Committee, Rep. Bennie Thompson, D-Miss., questioned the legality of the proposal. "This is again his manufactured chaos that he's created over the last two years on the border," Thompson said of Trump, adding Democrats were more than willing to sit down and talk about immigration legislation. But Sen. Rick Scott, R-Fla., said sanctuary cities showed contempt for the law, though he didn't know whether there were any legal concerns with transporting migrants to the locales. "I mean, maybe he's just saying this to make everybody crazy," he said of Trump. Sanders appears on ABC's "This Week" and "Fox News Sunday." Scott was on CNN's "State of the Union" and Inslee was on NBC's "Meet the Press." Thompson appeared on ABC.

https://finance.yahoo.com/news/diabetes-drug-called-invokana-may-020853662.html

2019-04-15 02:08:53+00:00

Time

https://www.time.com

A Diabetes Drug Called Invokana May Prevent or Slow Kidney Disease, a New Study Says

A drug that’s used to help control blood sugar in people with diabetes has now been shown to help prevent or slow kidney disease, which causes millions of deaths each year and requires hundreds of thousands of people to use dialysis to stay alive. Doctors say it’s hard to overstate the importance of this study, and what it means for curbing this problem, which is growing because of the obesity epidemic. The study tested Janssen Pharmaceuticals’ drug Invokana. Results were discussed Sunday at a medical meeting in Australia and published by the New England Journal of Medicine. About 30 million Americans and more than 420 million people worldwide have diabetes , and most cases are Type 2, the kind tied to obesity. It occurs when the body can’t make enough or properly use insulin, which turns food into energy. This can damage the kidneys over time, causing disease and ultimately, failure. In the U.S., it’s responsible for nearly half a million people needing dialysis, and for thousands of kidney transplants each year. Some blood pressure drugs lower this risk but they’re only partially effective. The new study tested Invokana, a daily pill sold now to help control blood sugar, to see if it also could help prevent kidney disease when added to standard treatments. For the study, about 13,000 people with Type 2 diabetes and chronic kidney disease from around the world were to be given Invokana or dummy pills. Independent monitors stopped the study early, after 4,400 people had been treated for about 2.5 years on average, when it was clear the drug was helping. Those on the drug had a 30% lower risk of one of these problems — kidney failure, need for dialysis, need for a kidney transplant, death from kidney- or heart-related causes, or other signs that kidneys were failing. For every 1,000 people taking the drug for 2.5 years, there would be 47 fewer cases of one of these problems, researchers estimate. Story continues Rates of serious side effects were similar in the drug and placebo groups including leg, foot or toe amputations, a concern raised by a previous study of Invokana. One side effect, when the body can’t produce enough insulin, was more frequent among those on Invokana but rare overall. Janssen, which is part of Johnson & Johnson, sponsored the study and many authors work or consult for the company. The drug costs about $500 a month in the U.S. Out-of-pocket costs for patients may be different, depending on insurance. The importance of this large and well-done study “cannot be overstated,” Drs. Julie Ingelfinger and Clifford Rosen, editors at the medical journal, wrote in an accompanying article. In recent years, several studies have found that Invokana and some similar drugs can lower heart risks. The new results, showing that Invokana also may stall or prevent kidney failure, expand the potential benefits of the drug.

https://finance.yahoo.com/news/does-invictus-energy-limited-asx-021119734.html

2019-04-15 02:11:19+00:00

Simply Wall St.

https://simplywall.st/

Does Invictus Energy Limited (ASX:IVZ) Have A Particularly Volatile Share Price?

If you own shares in Invictus Energy Limited ( ASX:IVZ ) then it's worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta is a measure of volatility. Volatility is considered to be a measure of risk in modern finance theory. Investors may think of volatility as falling into two main categories. The first type is company specific volatility. Investors use diversification across uncorrelated stocks to reduce this kind of price volatility across the portfolio. The other type, which cannot be diversified away, is the volatility of the entire market. Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. Some stocks see their prices move in concert with the market. Others tend towards stronger, gentler or unrelated price movements. Beta is a widely used metric to measure a stock's exposure to market risk (volatility). Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful. The first thing to understand about beta is that the beta of the overall market is one. A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. In comparison a stock with a beta of over one tends to be move in a similar direction to the market in the long term, but with greater changes in price. See our latest analysis for Invictus Energy What we can learn from IVZ's beta value Zooming in on Invictus Energy, we see it has a five year beta of 1.17. This is above 1, so historically its share price has been influenced by the broader volatility of the stock market. If the past is any guide, we would expect that Invictus Energy shares will rise quicker than the markets in times of optimism, but fall faster in times of pessimism. Beta is worth considering, but it's also important to consider whether Invictus Energy is growing earnings and revenue. You can take a look for yourself, below. Story continues ASX:IVZ Income Statement, April 15th 2019 How does IVZ's size impact its beta? Invictus Energy is a rather small company. It has a market capitalisation of AU$14m, which means it is probably under the radar of most investors. Relatively few investors can influence the price of a smaller company, compared to a large company. This could explain the high beta value, in this case. What this means for you: Beta only tells us that the Invictus Energy share price is sensitive to broader market movements. This could indicate that it is a high growth company, or is heavily influenced by sentiment because it is speculative. Alternatively, it could have operating leverage in its business model. Ultimately, beta is an interesting metric, but there's plenty more to learn. This article aims to educate investors about beta values, but it's well worth looking at important company-specific fundamentals such as Invictus Energy’s financial health and performance track record. I highly recommend you dive deeper by considering the following: Financial Health : Are IVZ’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here . Past Track Record : Has IVZ been consistently performing well irrespective of the ups and downs in the market? Go into more detail in the past performance analysis and take a look at the free visual representations of IVZ's historicals for more clarity. Other High-Performing Stocks : Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here . We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/garden-silk-mills-nse-gardensilk-021138069.html

2019-04-15 02:11:38+00:00

[]

Simply Wall St

Simply Wall St.

https://simplywall.st/

Some Garden Silk Mills (NSE:GARDENSILK) Shareholders Have Copped A Big 50% Share Price Drop

Statistically speaking, long term investing is a profitable endeavour. But along the way some stocks are going to perform badly. Zooming in on an example, theGarden Silk Mills Limited(NSE:GARDENSILK) share price dropped 50% in the last half decade. That is extremely sub-optimal, to say the least. And we doubt long term believers are the only worried holders, since the stock price has declined 43% over the last twelve months. Shareholders have had an even rougher run lately, with the share price down 18% in the last 90 days. Check out our latest analysis for Garden Silk Mills Because Garden Silk Mills is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit. In the last half decade, Garden Silk Mills saw its revenue increase by 1.7% per year. That's not a very high growth rate considering it doesn't make profits. It's likely this weak growth has contributed to an annualised return of 13% for the last five years. We want to see an acceleration of revenue growth (or profits) before showing much interest in this one. When a stock falls hard like this, some investors like to add the company to a watchlist (in case the business recovers, longer term). You can see how revenue and earnings have changed over time in the image below, (click on the chart to see cashflow). Take a more thorough look at Garden Silk Mills's financial health with thisfreereport on its balance sheet. While the broader market gained around 0.9% in the last year, Garden Silk Mills shareholders lost 43%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Unfortunately, last year's performance may indicate unresolved challenges, given that it was worse than the annualised loss of 13% over the last half decade. We realise that Buffett has said investors should 'buy when there is blood on the streets', but we caution that investors should first be sure they are buying a high quality businesses. Shareholders might want to examinethis detailed historical graphof past earnings, revenue and cash flow. Of courseGarden Silk Mills may not be the best stock to buy. So you may wish to see thisfreecollection of growth stocks. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on IN exchanges. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.If you spot an error that warrants correction, please contact the editor [email protected]. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/greatime-international-holdings-hkg-844-021629232.html

2019-04-15 02:16:29+00:00

Simply Wall St.

https://simplywall.st/

Should Greatime International Holdings (HKG:844) Be Disappointed With Their 32% Profit?

Stock pickers are generally looking for stocks that will outperform the broader market. And while active stock picking involves risks (and requires diversification) it can also provide excess returns. For example, the Greatime International Holdings Limited ( HKG:844 ) share price is up 32% in the last 5 years, clearly besting than the market return of around 18% (ignoring dividends). Check out our latest analysis for Greatime International Holdings Greatime International Holdings isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. When a company doesn't make profits, we'd generally expect to see good revenue growth. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit. Over the last half decade Greatime International Holdings's revenue has actually been trending down at about 12% per year. Even though revenue hasn't increased, the stock actually gained 5.7%, per year, during the same period. To us that suggests that there probably isn't a lot of correlation between the past revenue performance and the share price, but a closer look at analyst forecasts and the bottom line may well explain a lot. The chart below shows how revenue and earnings have changed with time, (if you click on the chart you can see the actual values). SEHK:844 Income Statement, April 15th 2019 This free interactive report on Greatime International Holdings's balance sheet strength is a great place to start, if you want to investigate the stock further. A Different Perspective While the broader market lost about 3.6% in the twelve months, Greatime International Holdings shareholders did even worse, losing 31%. However, it could simply be that the share price has been impacted by broader market jitters. It might be worth keeping an eye on the fundamentals, in case there's a good opportunity. On the bright side, long term shareholders have made money, with a gain of 6.0% per year over half a decade. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. You could get a better understanding of Greatime International Holdings's growth by checking out this more detailed historical graph of earnings, revenue and cash flow. Story continues But note: Greatime International Holdings may not be the best stock to buy . So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on HK exchanges. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/directors-own-future-enterprises-limited-022120966.html

2019-04-15 02:21:20+00:00

[]

Simply Wall St

Simply Wall St.

https://simplywall.st/

Do Directors Own Future Enterprises Limited (NSE:FEL) Shares?

The big shareholder groups in Future Enterprises Limited (NSE:FEL) have power over the company. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. We also tend to see lower insider ownership in companies that were previously publicly owned. Future Enterprises is a smaller company with a market capitalization of ₹19b, so it may still be flying under the radar of many institutional investors. In the chart below below, we can see that institutions are noticeable on the share registry. We can zoom in on the different ownership groups, to learn more about FEL. Check out our latest analysis for Future Enterprises Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. As you can see, institutional investors own 7.6% of Future Enterprises. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Future Enterprises's historic earnings and revenue, below, but keep in mind there's always more to the story. Hedge funds don't have many shares in Future Enterprises. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. I can report that insiders do own shares in Future Enterprises Limited. It has a market capitalization of just ₹19b, and insiders have ₹494m worth of shares, in their own names. This shows at least some alignment. You canclick here to see if those insiders have been buying or selling. The general public, who are mostly retail investors, collectively hold 60% of Future Enterprises shares. With this size of ownership, retail investors can collectively play a role in decisions that affect shareholder returns, such as dividend policies and the appointment of directors. They can also exercise the power to decline an acquisition or merger that may not improve profitability. With an ownership of 5.1%, private equity firms are in a position to play a role in shaping corporate strategy with a focus on value creation. Some investors might be encouraged by this, since private equity are sometimes able to encourage strategies that help the market see the value in the company. Alternatively, those holders might be exiting the investment after taking it public. We can see that Private Companies own 24%, of the shares on issue. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company. While it is well worth considering the different groups that own a company, there are other factors that are even more important. I like to dive deeperinto how a company has performed in the past. You can accessthisinteractive graphof past earnings, revenue and cash flow for free. Of course,you might find a fantastic investment by looking elsewhere.So take a peek at thisfreelist of interesting companies. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.If you spot an error that warrants correction, please contact the editor [email protected]. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/bitcoin-cash-abc-litecoin-ripple-022423151.html

2019-04-15 02:24:23+00:00

FX Empire

https://www.fxempire.com/

Bitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 15/04/19

Bitcoin Cash – ABC – In Recovery Bitcoin Cash ABC gained 3.36% on Sunday. Reversing a 1.55% fall from Saturday, Bitcoin Cash ABC ended the week down 9.7% at $289.68. A bearish start to the day saw Bitcoin Cash ABC fall to a mid-morning intraday low $272.09 before finding support. Holding above the major support levels, Bitcoin Cash ABC recovered to $280 levels before a late surge. The late surge saw Bitcoin Cash ABC break through the first major resistance level at $286.49 to an intraday high $290.90. In spite of the late rebound, Bitcoin Cash ABC was unable to break back through the 23.6% FIB of $291. At the time of writing, Bitcoin Cash ABC was up by 5.19% to $304.72. In the early hours, Bitcoin Cash ABC rallied from a morning low $289 to a morning high $310 before easing back. Steering clear of the major support levels, Bitcoin Cash ABC broke through the 23.6% FIB of 291, first major resistance level at $296.37 and second major resistance level at $303.03. For the day ahead, a hold onto $300 levels through the morning would support further upside later in the day. Support from the broader market would be needed, however, for Bitcoin Cash ABC to take a run at the third major resistance level at $321.84. Failure to hold onto $300 levels could see Bitcoin Cash ABC hit reverse later in the day. A pullback through to $284 levels would bring the first major support level at $277.55 into play. Barring a crypto meltdown, however, Bitcoin Cash ABC will likely steer clear of sub-$290. Litecoin Back in the S80s Litecoin rallied by 7.6% on Sunday. Reversing a 1.28% decline from Saturday, Litecoin ended the week down 8.9% at $83.77. Tracking the broader market, Litecoin fell to a mid-morning intraday low $76.5 before finding support. Steering clear of the first major support level at $75.62, Litecoin recovered to a morning high $79.5. Off the back of a late crypto rally, Litecoin struck an intraday high $83.94 before easing back. Litecoin broke through the first major resistance level at $80.90 to come up against the 38.2% FIB of $83 and second major resistance level at $83.91. Story continues At the time of writing, Litecoin was down by 0.17% to $83.63. A choppy start to the day saw Litecoin slip to a morning low $82.88 before finding support. Steering clear of the major support levels, Litecoin struck a morning high $84.73 before easing back. The day’s major resistance levels were also left untested early on. For the day ahead, a move back through to $84 levels would support a run at $85 levels before any pullback. Support from the broader market would be needed for Litecoin to take a run at the first major resistance level at $86.31. Barring a crypto rally, Litecoin would likely struggle to break out from the 38.2% FIB of $83. Failure to move back through to $84 levels could see Litecoin slide deeper into the red. A pullback through the morning low $82.88 would bring $81 levels into play before any recovery. Barring a broad-based sell-off, Litecoin will likely steer well clear of the first major support level at $78.87. Ripple Trails the Pack Ripple’s XRP rose by 0.91% on Sunday. Following on from a 0.29% rise on Saturday, Ripple’s XRP ended the week down 9.7% at $0.3316. Bucking the trend, Ripple’s XRP rallied to an early morning intraday high $0.33414 before easing back. Falling short of the major resistance levels, Ripple’s XRP fell to a mid-morning intraday low $0.32451. The pullback saw Ripple’s XRP steer clear of the major support levels to recover the morning losses. Following a range-bound afternoon, a late rally saw Ripple’s XRP move back through to $0.33 levels. At the time of writing, Ripple’s XRP was up by 0.16% to $0.33212. A bullish start to the day saw Ripple’s XRP rise from a morning low $0.33085 to a high $0.33534. Steering clear of the major support levels, Ripple’s XRP came within range of the first major resistance level at $0.3357 before easing back. For the day ahead, a hold onto $0.33 levels through the morning would support another run at the first major resistance level at $0.3357. Barring a broad-based crypto rally, Ripple’s XRP would likely continue to fall short of $0.34 levels. The second major resistance level at $0.3397 would limit the upside on the day. Failure to hold onto $0.33 levels could see Ripple’s XRP pullback to $0.32 levels before any recovery. Barring a crypto meltdown, the first major support level at $0.3260 will likely limit the downside on the day. Buy & Sell Cryptocurrency Instantly Please let us know what you think in the comments below Thanks, Bob This article was originally posted on FX Empire More From FXEMPIRE: AUD/USD and NZD/USD Fundamental Weekly Forecast – Aussie Supported by Positive China Data, Reduced Chance of Rate Cut Oil Price Fundamental Weekly Forecast – Decision Time: Chase the Market, or Play for Pull-back? US Markets Had Another Fantastic Week, Trade or Fade? Indexes Race for the New All-Time High It’s Risk-On Early, Pinning Back the Greenback in Favor of the EUR USD/JPY Fundamental Weekly Forecast – Rising Yields, Risk-On Theme Will Set Bullish Tone

https://finance.yahoo.com/news/easy-come-easy-metalsearch-asx-022557966.html

2019-04-15 02:25:57+00:00

Simply Wall St.

https://simplywall.st/

Easy Come, Easy Go: How Metalsearch (ASX:MSE) Shareholders Got Unlucky And Saw 95% Of Their Cash Evaporate

We're definitely into long term investing, but some companies are simply bad investments over any time frame. We really hate to see fellow investors lose their hard-earned money. Spare a thought for those who held Metalsearch Limited ( ASX:MSE ) for five whole years - as the share price tanked 95%. And some of the more recent buyers are probably worried, too, with the stock falling 69% in the last year. Furthermore, it's down 43% in about a quarter. That's not much fun for holders. We really feel for shareholders in this scenario. It's a good reminder of the importance of diversification, and it's worth keeping in mind there's more to life than money, anyway. View our latest analysis for Metalsearch Metalsearch didn't have any revenue in the last year, so it's fair to say it doesn't yet have a proven product (or at least not one people are paying for). You have to wonder why venture capitalists aren't funding it. So it seems that the investors more focused on would could be, than paying attention to the current revenues (or lack thereof). It seems likely some shareholders believe that Metalsearch will find or develop a valuable new mine before too long. Companies that lack both meaningful revenue and profits are usually considered high risk. The is usually a significant chance that they will need more money for business development, putting them at the mercy of capital markets. So the share price itself impacts the value of the shares (as it determines the cost of capital). While some such companies go on to make revenue, profits, and generate value, others get hyped up by hopeful naifs before eventually going bankrupt. It certainly is a dangerous place to invest, as Metalsearch investors might realise. Metalsearch had net cash of AU$1.9m when it last reported (December 2018). While that's nothing to panic about, there is some possibility the company will raise more capital, especially if profits are not imminent. With the share price down 45% per year, over 5 years, it seems likely that the need for cash is weighing on investors' minds. You can see in the image below, how Metalsearch's cash and debt levels have changed over time (click to see the values). Story continues ASX:MSE Historical Debt, April 15th 2019 Of course, the truth is that it is hard to value companies without much revenue or profit. Given that situation, would you be concerned if it turned out insiders were relentlessly selling stock? It would bother me, that's for sure. You can click here to see if there are insiders selling. What about the Total Shareholder Return (TSR)? We've already covered Metalsearch's share price action, but we should also mention its total shareholder return (TSR). Arguably the TSR is a more complete return calculation because it accounts for the value of dividends (as if they were reinvested), along with the hypothetical value of any discounted capital that have been offered to shareholders. We note that Metalsearch's TSR, at -94% is higher than its share price return of -95%. When you consider it hasn't been paying a dividend, this data suggests shareholders have benefitted from a spin-off, or had the opportunity to acquire attractively priced shares in a discounted capital raising. A Different Perspective While the broader market gained around 12% in the last year, Metalsearch shareholders lost 66%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 43% per year over five years. We realise that Buffett has said investors should 'buy when there is blood on the streets', but we caution that investors should first be sure they are buying a high quality businesses. Before spending more time on Metalsearch it might be wise to click here to see if insiders have been buying or selling shares. But note: Metalsearch may not be the best stock to buy . So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on AU exchanges. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/sg-group-holdings-hkg-8442-022612373.html

2019-04-15 02:26:12+00:00

Simply Wall St.

https://simplywall.st/

Some SG Group Holdings (HKG:8442) Shareholders Are Down 30%

Investors can approximate the average market return by buying an index fund. While individual stocks can be big winners, plenty more fail to generate satisfactory returns. For example, the SG Group Holdings Limited ( HKG:8442 ) share price is down 30% in the last year. That's disappointing when you consider the market returned -3.6%. SG Group Holdings may have better days ahead, of course; we've only looked at a one year period. There was little comfort for shareholders in the last week as the price declined a further 1.5%. View our latest analysis for SG Group Holdings There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. Unhappily, SG Group Holdings had to report a 35% decline in EPS over the last year. This proportional reduction in earnings per share isn't far from the 30% decrease in the share price. Given the lower EPS we might have expected investors to lose confidence in the stock, but that doesn't seemed to have happened. Rather, the share price has approximately tracked EPS growth. You can see below how EPS has changed over time (discover the exact values by clicking on the image). SEHK:8442 Past and Future Earnings, April 15th 2019 This free interactive report on SG Group Holdings's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further. A Different Perspective We doubt SG Group Holdings shareholders are happy with the loss of 30% over twelve months. That falls short of the market, which lost 3.6%. That's disappointing, but it's worth keeping in mind that the market-wide selling wouldn't have helped. Putting aside the last twelve months, it's good to see the share price has rebounded by 7.5%, in the last ninety days. Let's just hope this isn't the widely-feared 'dead cat bounce' (which would indicate further declines to come). Before forming an opinion on SG Group Holdings you might want to consider these 3 valuation metrics. Story continues We will like SG Group Holdings better if we see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on HK exchanges. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/insiders-own-shares-fcs-software-023258091.html

2019-04-15 02:32:58+00:00

Simply Wall St.

https://simplywall.st/

Do Insiders Own Shares In FCS Software Solutions Limited (NSE:FCSSOFT)?

If you want to know who really controls FCS Software Solutions Limited ( NSE:FCSSOFT ), then you'll have to look at the makeup of its share registry. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. Warren Buffett said that he likes 'a business with enduring competitive advantages that is run by able and owner-oriented people'. So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. FCS Software Solutions is not a large company by global standards. It has a market capitalization of ₹427m, which means it wouldn't have the attention of many institutional investors. Taking a look at our data on the ownership groups (below), it's seems that institutions don't own shares in the company. Let's take a closer look to see what the different types of shareholder can tell us about FCSSOFT. See our latest analysis for FCS Software Solutions NSEI:FCSSOFT Ownership Summary, April 15th 2019 What Does The Lack Of Institutional Ownership Tell Us About FCS Software Solutions? Institutional investors often avoid companies that are too small, too illiquid or too risky for their tastes. But it's unusual to see larger companies without any institutional investors. There are multiple explanations for why institutions don't own a stock. The most common is that the company is too small relative to fund under management, so the institition does not bother to look closely at the company. Alternatively, there might be something about the company that has kept institutional investors away. FCS Software Solutions's earnings and revenue track record (below) may not be compelling to institutional investors -- or they simply might not have looked at the business closely. NSEI:FCSSOFT Income Statement, April 15th 2019 Hedge funds don't have many shares in FCS Software Solutions. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known. Story continues Insider Ownership Of FCS Software Solutions The definition of an insider can differ slightly between different countries, but members of the board of directors always count. The company management answer to the board; and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board, themselves. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. Our information suggests that insiders maintain a significant holding in FCS Software Solutions Limited. It has a market capitalization of just ₹427m, and insiders have ₹62m worth of shares in their own names. This may suggest that the founders still own a lot of shares. You can click here to see if they have been buying or selling. General Public Ownership With a 49% ownership, the general public have some degree of sway over FCSSOFT. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. Private Company Ownership It seems that Private Companies own 37%, of the FCSSOFT stock. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research. Next Steps: While it is well worth considering the different groups that own a company, there are other factors that are even more important. I always like to check for a history of revenue growth . You can too, by accessing this free chart of historic revenue and earnings in this detailed graph . Of course this may not be the best stock to buy . So take a peek at this free free list of interesting companies. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/south-florida-lawyers-drive-6-023333063.html

2019-04-15 02:33:33+00:00

ALM Media

https://www.law.com

South Florida Lawyers Drive $6 Million Settlement for Cyclist Hit by Porsche

Fort Lauderdale- from left, Christopher W. Royer and Joseph J. Slama of Krupnick Campbell Malone Buser Slama Hancock and John Mooney, of John D. Mooney P.A. Photo: J. Albert Diaz/ALM. Fort Lauderdale- from left, Christopher W. Royer and Joseph J. Slama of Krupnick Campbell Malone Buser Slama Hancock and John Mooney, of John D. Mooney P.A. Photo: J. Albert Diaz/ALM. Fort Lauderdale lawyers Christopher W. Royer , Joseph J. Slama and John D. Mooney negotiated a $6 million settlement for a cyclist claiming to have a mild traumatic brain injury after being hit by a Porsche at a crosswalk. Construction worker Andy Introini, 31, was peddling around Miami Beach on Nov. 8, 2017. But as he crossed at the intersection of 21st Street and Collins Avenue, driver Raymond H. Maroon Jr. allegedly made a high-speed right turn with his 2018 911 Porsche. The luxury car struck Introini's bicycle, according to Slama, sending the cyclist flying onto the windshield before slamming onto the tarmac, where he hit the side of his head. Introini sued a year later in Miami-Dade Circuit Court, alleging Maroon didn't look properly before turning. He sought damages for medical expenses and pain and suffering. The plaintiff couldn't remember the accident, so Slama, Royer and Mooney visited the scene to videotape statements from two independent eye witnesses, who separately confirmed that Introini had the right of way and wasn't riding quickly before the crash. "I’m a big believer in that," Slama said of the conversations with witnesses. "That way, the witness can actually see the scene and report it as you’re standing right there with them." Defense attorneys Andrew M. Westhafer and Leonard L. Gardner did not respond to a request for comment by deadline, but raised comparative negligence in their answer to the complaint . They argued Introini was at fault for colliding with the Porsche and pointed out he wasn't wearing a helmet. Plaintiff counsel said Florida law doesn't require adult cyclists to wear a helmet, and Slama argued that even if Introini had been wearing one, it wouldn't have covered the side of his head that was struck. The plaintiff's team deposed the driver, Maroon, who admitted he hadn't seen Introini until the cyclist hit the windscreen, though nothing blocked his view and the lighting was normal. Maroon claimed he was going 2 or 3 miles per hour, but Slama argued that eye witnesses and basic physics suggested otherwise. "With the marks on the car from the points of rust of the bike and Andy’s body, we were prepared with an accident reconstruction engineer to show how, physically, the defendant came in at a certain speed," Slama said. Slama, Royer and Mooney also obtained transcripts from emergency responders, who found Introini initially lost consciousness and had blood trickling from his left ear — telltale signs of traumatic brain injury. Introini had various imaging scans taken at Jackson Memorial Hospital and was also diagnosed with facial nerve, shoulder and spine injuries. Story continues Click here to read the complaint Introini had swift shoulder surgery, and his spine injuries proved manageable with physical therapy and other treatment. So for Slama, Royer and Mooney, the case hinged on proving their client suffered from a lasting traumatic brain injury. That wasn't easy to show, particularly because Introini's injuries appeared to be mild. The plaintiff had follow-up CT and MRI scans, which showed trauma to his right temporal lobe and central nervous system hadn't gone away. Introini also reported having trouble concentrating, memory lapses, dizzy spells, headaches, pain and loss of balance, and his doctor's report linked irreversible injuries with the collision. But the defense's expert radiologist challenged the plaintiff's imaging scans, claiming they didn't prove a traumatic brain injury. The defense also highlighted Introini had never finished high school and there were no apparent changes to his IQ. He also suffered from attention-deficit/hyperactivity disorder, which affects concentration and cognitive function. But Diffusion Tensor Imaging — a neuroimaging technique that gives insights into brain network connectivity — picked up signs of injury. It was mild, according to Slama, but it was there. The problem for Introini, like most adults with mild to moderate brain injuries, was that his issues weren't obvious. "To sit and meet him, he did not look injured," Slama said. "When you speak to him, he doesn’t sound injured. He doesn’t slur his speech, there’s nothing overt. If you sat and had a simple conversation with him, you really wouldn’t notice anything out of the way." Royer, Slama and Mooney also retained a neuropsychiatrist who specialized in traumatic brain injuries, having studied patients over decades to measure the affects of their injuries. Introini did various tests over several days, including word recollection, image recreation and psychological personality testing. Introini showed good long-term recall, but struggled with short-term memory and concentration — problems that aren't easy to show to jurors. He was more worried about Introini's future as mild brain trauma tends to reveal itself over time. "The trouble is, people even with a mild traumatic brain injury are more susceptible to early onset of dementia and other issues that occur down the line," Slama said. "Thankfully, he’s not permanently and totally disabled here today, but we’re very cautious about his future." Slama said his team would have sought about $9 million to $11 million at trial, but the $6 million settlement means his client now has the money to try out new therapies and medications as they emerge. Another benefit to settling was avoiding the risks that come with a jury. Though Introini's history of traffic infractions was nothing major, there was a danger of it working against him, the way Slama saw it. "Let’s face it, when someone's making a claim in court, their background is an open book and there was a concern that jurors may penalize him for it," Slama said. The case resolved in March — less than a year after it began, which Slama claims is his team's modus operandi. "We pride ourselves on being sort of a one, two punch. You don’t get any rest," Slama said. "We move quickly and try to resolve cases as quickly as we can." Case: Andy R. Introini v. Raymond H. Maroon Jr. Case No.: 2018-011379-CA-01 Description: Auto negligence Filing date: April 10, 2018 Settlement date: Feb. 12, 2019 Judge: Miami-Dade Circuit Judge Carlos Guzman Plaintiffs attorneys: Joseph J. Slama and Christopher R. Royer, Krupnick, Campell, Malone, Buser, Slama, Hancock, Fort Lauderdale; John D. Mooney, John D. Mooney P.A., Fort Lauderdale Defense attorneys: Andrew M. Westhafer, Law Offices of J. Christopher Norris; Leonard L. Gardner, McGuinness & Cicero, Sunrise Settlement amount: $6 million More verdicts and settlements: Miami-Dade Lawyers Negotiate $2M Presuit Settlement for Child Abused by Landlord South Florida Attorneys Win $4.8M Over Former Lawyer's 'Preventable' Heart Attack on Birthday Cruise 'All Our Clients Are Gone': How South Florida Lawyers Hit Big Tobacco With Bittersweet $37M Verdict

https://finance.yahoo.com/news/those-purchased-technical-productions-holdings-023545653.html

2019-04-15 02:35:45+00:00

Simply Wall St.

https://simplywall.st/

Those Who Purchased In Technical Productions Holdings (HKG:8446) Shares A Year Ago Have A 90% Loss To Show For It

Even the best investor on earth makes unsuccessful investments. But it would be foolish to simply accept every extremely large loss as an inevitable part of the game. So we hope that those who held In Technical Productions Holdings Limited ( HKG:8446 ) during the last year don't lose the lesson, in addition to the 90% hit to the value of their shares. A loss like this is a stark reminder that portfolio diversification is important. In Technical Productions Holdings hasn't been listed for long, so although we're wary of recent listings that perform poorly, it may still prove itself with time. Furthermore, it's down 13% in about a quarter. That's not much fun for holders. This could be related to the recent financial results - you can catch up on the most recent data by reading our company report . We really feel for shareholders in this scenario. It's a good reminder of the importance of diversification, and it's worth keeping in mind there's more to life than money, anyway. View our latest analysis for In Technical Productions Holdings There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). Even though the In Technical Productions Holdings share price is down over the year, its EPS actually improved. Of course, the situation might betray previous over-optimism about growth. The divergence between the EPS and the share price is quite notable, during the year. But we might find some different metrics explain the share price movements better. In Technical Productions Holdings's revenue is actually up 20% over the last year. Since the fundamental metrics don't readily explain the share price drop, there might be an opportunity if the market has overreacted. Depicted in the graphic below, you'll see revenue and earnings over time. If you want more detail, you can click on the chart itself. Story continues SEHK:8446 Income Statement, April 15th 2019 You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic . A Different Perspective We doubt In Technical Productions Holdings shareholders are happy with the loss of 90% over twelve months. That falls short of the market, which lost 3.6%. There's no doubt that's a disappointment, but the stock may well have fared better in a stronger market. The share price decline has continued throughout the most recent three months, down 13%, suggesting an absence of enthusiasm from investors. Given the relatively short history of this stock, we'd remain pretty wary until we see some strong business performance. Is In Technical Productions Holdings cheap compared to other companies? These 3 valuation measures might help you decide. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on HK exchanges. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/white-house-trump-wishes-no-ill-against-omar-154439808--politics.html

2019-04-15 02:39:48+00:00

Associated Press

https://apnews.com/

Omar cites more death threats against her since Trump tweet

WASHINGTON (AP) — Rep. Ilhan Omar says she's faced increased death threats since President Donald Trump spread around a video that purports to show her being dismissive of the 2001 terrorist attacks. "This is endangering lives," she said, accusing Trump of fomenting right-wing extremism. "It has to stop." Her statement late Sunday followed an announcement by House Speaker Nancy Pelosi that she has taken steps to ensure the safety of the Minnesota Democrat and the speaker's call for Trump to take down the video. Soon after Pelosi's statement, the video disappeared as a pinned tweet at the top of Trump's Twitter feed, but it was not deleted. Pelosi was among Democrats who had criticized Trump over the tweet, with some accusing him of trying to incite violence against the Muslim lawmaker. An upstate New York man recently was charged with making death threats against her. White House press secretary Sarah Sanders defended Trump earlier Sunday, saying the president has a duty to highlight Omar's history of making comments that others deem anti-Semitic or otherwise offensive and that he wished no "ill will" upon the first-term lawmaker. But Omar said that since Trump retweeted the video Friday night, she's received many threats on her life that referred or replied to the posted video. "Violent crimes and other acts of hate by right-wing extremists and white nationalists are on the rise in this country and around the world," she said. "We can no longer ignore that they are being encouraged by the occupant of the highest office in the land." She said: "We are all Americans." Earlier, Pelosi issued a statement while traveling in London saying she had spoken with congressional authorities "to ensure that Capitol Police are conducting a security assessment to safeguard Congresswoman Omar, her family and her staff." Pelosi said officials will continue to monitor and assess threats against Omar, and called on Trump to discourage such behavior. Story continues "The President's words weigh a ton, and his hateful and inflammatory rhetoric creates real danger," Pelosi said. "President Trump must take down his disrespectful and dangerous video." The video in Trump's tweet included a snippet from a recent speech Omar gave to the Council on American-Islamic Relations, in which she described the Sept. 11, 2001, terrorist attack on the World Trade Center as "some people did something," along with news footage of the hijacked airplanes hitting the Twin Towers. Trump captioned his tweet with: "WE WILL NEVER FORGET!" Critics accuse Omar of being flippant in describing the perpetrators of the attacks that killed nearly 3,000 people. She later sought to defend herself by tweeting a quote from President George W. Bush, in which the Republican president referred to the attackers as "people" just days after 9/11. Neither Trump's tweet nor the video included Omar's full quote or the context of her comments, which were about Muslims feeling that their civil liberties had eroded after the attacks. The tweet was posted atop Trump's Twitter feed for much of Sunday, with more than 9 million views. It remained lower in the feed after Pelosi requested that the video be pulled. Sanders questioned why Democrats weren't following Trump's example and calling out Omar, too. Democrats who criticized the president over the tweet defended Omar, with some noting their past disagreements with her. "Certainly the president is wishing no ill will and certainly not violence towards anyone, but the president is absolutely and should be calling out the congresswoman for her — not only one time — but history of anti-Semitic comments," Sanders said. "The bigger question is why aren't Democrats doing the same thing? It's absolutely abhorrent the comments that she continues to make and has made and they look the other way." Omar repeatedly has pushed fellow Democrats into uncomfortable territory with comments about Israel and the strength of the Jewish state's influence in Washington. She apologized for suggesting that lawmakers support Israel for pay and said she isn't criticizing Jews. But she refused to take back a tweet in which she suggested American supporters of Israel "pledge allegiance" to a foreign country. Rep. Jerry Nadler, a New York Democrat who represents Manhattan's financial district, which was targeted on 9/11, said he had no issues with Omar's characterization of the attack. "I have had some problems with some of her other remarks, but not — but not with that one," he said. Sanders commented on "Fox News Sunday" and ABC's "This Week." Nadler appeared on CNN's "State of the Union. ___ Follow Darlene Superville on Twitter: http://www.twitter.com/dsupervillap

https://finance.yahoo.com/news/imagine-owning-total-brain-asx-024154144.html

2019-04-15 02:41:54+00:00

Simply Wall St.

https://simplywall.st/

Imagine Owning Total Brain (ASX:TTB) And Trying To Stomach The 88% Share Price Drop

Long term investing is the way to go, but that doesn't mean you should hold every stock forever. We really hate to see fellow investors lose their hard-earned money. Imagine if you held Total Brain Limited ( ASX:TTB ) for half a decade as the share price tanked 88%. We also note that the stock has performed poorly over the last year, with the share price down 36%. Furthermore, it's down 12% in about a quarter. That's not much fun for holders. We really hope anyone holding through that price crash has a diversified portfolio. Even when you lose money, you don't have to lose the lesson. Check out our latest analysis for Total Brain Given that Total Brain didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size. In the last five years Total Brain saw its revenue shrink by 1.9% per year. That's not what investors generally want to see. The share price fall of 34% (per year, over five years) is a stern reminder that money-losing companies are expected to grow revenue. It takes a certain kind of mental fortitude (or recklessness) to buy shares in a company that loses money and doesn't grow revenue. That is not really what the successful investors we know aim for. Depicted in the graphic below, you'll see revenue and earnings over time. If you want more detail, you can click on the chart itself. ASX:TTB Income Statement, April 15th 2019 You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic . A Different Perspective While the broader market gained around 12% in the last year, Total Brain shareholders lost 35%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 34% per year over five years. Generally speaking long term share price weakness can be a bad sign, though contrarian investors might want to research the stock in hope of a turnaround. If you would like to research Total Brain in more detail then you might want to take a look at whether insiders have been buying or selling shares in the company. Story continues Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on AU exchanges. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/fertilisers-chemicals-travancore-nse-fact-024158280.html

2019-04-15 02:41:58+00:00

Simply Wall St.

https://simplywall.st/

Fertilisers And Chemicals Travancore (NSE:FACT) Shareholders Booked A 75% Gain In The Last Five Years

While The Fertilisers And Chemicals Travancore Limited ( NSE:FACT ) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 13% in the last quarter. But the silver lining is the stock is up over five years. However we are not very impressed because the share price is only up 75%, less than the market return of 89%. Check out our latest analysis for Fertilisers And Chemicals Travancore Fertilisers And Chemicals Travancore isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. Shareholders of unprofitable companies usually expect strong revenue growth. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth. You can see how revenue and earnings have changed over time in the image below, (click on the chart to see cashflow). NSEI:FACT Income Statement, April 15th 2019 If you are thinking of buying or selling Fertilisers And Chemicals Travancore stock, you should check out this FREE detailed report on its balance sheet . A Different Perspective Investors in Fertilisers And Chemicals Travancore had a tough year, with a total loss of 35%, against a market gain of about 0.9%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. On the bright side, long term shareholders have made money, with a gain of 12% per year over half a decade. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. You might want to assess this data-rich visualization of its earnings, revenue and cash flow. If you are like me, then you will not want to miss this free list of growing companies that insiders are buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on IN exchanges. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/alexandria-ocasio-cortez-skullduggery-2020-024318540.html

2019-04-15 02:43:18+00:00

Yahoo News

https://news.yahoo.com/

Ocasio-Cortez says a Biden presidential run doesn’t ‘animate’ her

WASHINGTON — Rep. Alexandria Ocasio-Cortez, D-N.Y., who was an organizer for Bernie Sanders’s 2016 campaign, said she will back whoever the Democrats nominate for president in 2020 — but she would clearly prefer someone other than former Vice President Joe Biden. The freshman congresswoman, who became a rising star in the party after scoring a shocking victory against a high-ranking Democrat last year, said she hasn’t picked a 2020 candidate to support. “I truly do not have one yet. I truly do not,” Ocasio-Cortez said on the Yahoo News podcast “Skullduggery.” But the prospect of a Biden run doesn’t “animate” her, she said. At least 18 Democrats have entered the presidential race, and others are considering joining their ranks. Ocasio-Cortez demurred when asked if she will back Sanders again, and threw out the name of another presidential candidate who has caught her eye, Sen. Elizabeth Warren, D-Mass. “I’m very supportive of Bernie’s run. ... I haven’t endorsed anybody, but I’m very supportive of Bernie,” Ocasio-Cortez said, adding, “I also think what Elizabeth Warren has been bringing to the table is … truly remarkable, truly remarkable and transformational.” Download or subscribe on iTunes: “Skullduggery” from Yahoo News While Biden hasn’t officially entered the race, he is leading many polls of the primary field. Yahoo News asked Ocasio-Cortez if she would support him. “I don’t know. I mean … I will support whoever the Democratic nominee is,” she said. Yet she seemed decidedly unenthusiastic about the prospect of a Biden candidacy. “That does not particularly animate me right now,” Ocasio-Cortez said. The congresswoman said she has “a lot of issues” with a potential Biden White House bid. “I can understand why people would be excited by that, this idea that we can go back to the good old days with Obama, with Obama’s vice president,” said Ocasio-Cortez. “There’s an emotional element to that, but I don’t want to go back. I want to go forward.” Story continues Former Vice President Joe Biden n Philadelphia. (AP Photo/Matt Rourke) Might she run for higher office one day herself? “I really don’t know,” she said. “I think about it every once in a while, but … this is pretty hard already.” She was asked to explain what she thinks about when considering the possibility of running for another position. “I just want to be most useful, and I’m not trying to kind of impose some personal ambition,” Ocasio-Cortez said. “I think that, if a window opens and I feel like I can do well, and do better, and offer more to people, then I would consider it. But … I don’t have like a 10-year plan or a five-year plan or anything.” _____ Read more from Yahoo News: Alexandria Ocasio-Cortez: 'I support impeaching this president' AOC: Trump is ‘absolutely’ trying to incite violence against Omar Ocasio-Cortez: ‘Social media poses a public health risk to everybody’ AOC: ‘Netanyahu is a Trump-like figure’ Alexandria Ocasio-Cortez roots for the home team. But which one?

https://finance.yahoo.com/news/glorious-property-holdings-limiteds-hkg-024524371.html

2019-04-15 02:45:24+00:00

Simply Wall St.

https://simplywall.st/

Is Glorious Property Holdings Limited's (HKG:845) CEO Pay Fair?

Xiang Yang Ding became the CEO of Glorious Property Holdings Limited ( HKG:845 ) in 2014. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Next, we'll consider growth that the business demonstrates. Third, we'll reflect on the total return to shareholders over three years, as a second measure of business performance. The aim of all this is to consider the appropriateness of CEO pay levels. Check out our latest analysis for Glorious Property Holdings How Does Xiang Yang Ding's Compensation Compare With Similar Sized Companies? Our data indicates that Glorious Property Holdings Limited is worth HK$3.0b, and total annual CEO compensation is CN¥883k. (This number is for the twelve months until December 2017). While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at CN¥789k. As part of our analysis we looked at companies in the same jurisdiction, with market capitalizations of CN¥1.3b to CN¥5.4b. The median total CEO compensation was CN¥1.7m. Most shareholders would consider it a positive that Xiang Yang Ding takes less total compensation than the CEOs of most similar size companies, leaving more for shareholders. However, before we heap on the praise, we should delve deeper to understand business performance. The graphic below shows how CEO compensation at Glorious Property Holdings has changed from year to year. SEHK:845 CEO Compensation, April 15th 2019 Is Glorious Property Holdings Limited Growing? On average over the last three years, Glorious Property Holdings Limited has grown earnings per share (EPS) by 41% each year (using a line of best fit). Its revenue is up 191% over last year. Overall this is a positive result for shareholders, showing that the company has improved in recent years. The combination of strong revenue growth with medium-term earnings per share improvement certainly points to the kind of growth I like to see. We don't have analyst forecasts, but you could get a better understanding of its growth by checking out this more detailed historical graph of earnings, revenue and cash flow. Story continues Has Glorious Property Holdings Limited Been A Good Investment? With a three year total loss of 57%, Glorious Property Holdings Limited would certainly have some dissatisfied shareholders. This suggests it would be unwise for the company to pay the CEO too generously. In Summary... Glorious Property Holdings Limited is currently paying its CEO below what is normal for companies of its size. Many would consider this to indicate that the pay is modest since the business is growing. Few would deny that the total shareholder return over the last three years could have been a lot better. So while we would not say that Xiang Yang Ding is generously paid, it would be good to see an improvement in business performance before too an increase in pay. This sort of circumstance certainly justifies further research, because the investment returns might still come in the future. Whatever your view on compensation, you might want to check if insiders are buying or selling Glorious Property Holdings shares (free trial). If you want to buy a stock that is better than Glorious Property Holdings, this free list of high return, low debt companies is a great place to look. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/ex-communist-nations-suffer-central-024814615.html

2019-04-15 02:48:14+00:00

National Review

https://www.nationalreview.com/

Ex-Communist Nations Suffer from Central-Planning Woes, Still

Bratislava, Slovakia — Thirty years ago, I traveled throughout Europe reporting on the fall of Communism for the Wall Street Journal . So this year I looked forward to retracing my steps in the countries that kicked central planning to the curb. Most are now full members of the European Union and will elect members to its parliament next month. I wanted to see how things had worked out. For my first leg of travel this year, I accompanied the Free Market Road Show, a merry rotating group of economists, journalists, and business leaders who for the last dozen years have traveled through up to 45 cities a year holding public forums and attracting media coverage. Their message is simple: The path to prosperity is to enhance the rule of law, lower taxes, respect individual freedom, decentralize government, and limit burdensome regulations. The show’s sponsor, the Austrian Economics Center, believes that the road show has helped shift public opinion toward that view. Certainly the center’s director, free-market economist Barbara Kolm, has prospered. Last year, she was named vice president of the Austrian Central Bank. Our first stop on the Road Show was a mere 40 miles from the Road Show’s headquarters in Vienna, which evoked a warm memory for me. On New Year’s Eve in 1991, I stood in front of the castle in Bratislava and witnessed the birth of a new nation: Slovakia, which was peacefully separating from Czechoslovakia with a show of fireworks and a 21-gun salute. Slovakia has made real strides since independence. It has become a center for European auto manufacturing, hosting plants from Volkswagen to Jaguar Land Rover. In 2017, it had an all-time low in unemployment. But the problems I encountered and heard about also demonstrate just how long a journey the nation of 5.4 million people still has to make. The Heritage Foundation’s annual Index of Economic Freedom found that the country has the lowest results in Central Europe. The Czech Republic is the 23rd in the world in economic freedom, Austria is the 31st, Poland the 46th, and Hungary the 64th. Slovakia brings up the rear, at 65th. (Nations that top the Heritage list are Hong Kong, Singapore, New Zealand, and Switzerland.) Story continues “Slovakia has been a below-average performer for a long time,” Jan Oravec, president of the Entrepreneurs Association of Slovakia, told the Free Market Road Show. Richard Durana, the director of the local Institute of Economic and Social Studies, documented the challenges that businesses face. It found that small entrepreneurs spend 17.5 full working days every year navigating the country’s baffling red tape. “People in business struggle to not break a law every day,” says Matus Posvanc of the F. A. Hayek Foundation. But while honest business owners struggle with compliance issues, organized crime too often has the ear of government. Robert Fico, a populist leftist, was forced to resign last year amid allegations that his socialist regime was linked to Italy’s ’Ndrangheta mafia. The mafia is suspected of having a role in last year’s assassination of Jan Kuciak, an investigative journalist who was gunned down with his 27-year-old girlfriend at their home near Bratislava. Indeed, evidence that Slovakia needs to clean up its act confronted me when I arrived in Bratislava’s train station late one night before my speech to the Road Show. I exited the station and soon discovered that Uber had been banned from the country last year for “unfairly” competing with the local taxi cartel. I then saw that the recommended local taxi companies were nowhere to be seen in the taxi ranks. Only companies with strange names were present. I thought I was a veteran in avoiding taxi scams around the world, but Bratislava got me. The taxi driver took my bags and turned on the meter, which registered a starting fare of three euros. He then took me to my hotel, a mere half-mile from the train station. The fare read seven euros. But he then suddenly pressed a button and the fare jumped to 15 euros. He explained that was the “minimum” fare for a journey of any length. I calmly refused to pay that amount but handed him a ten-euro note, which I thought fair. He grabbed it and then threatened to call the police on me to force me to pay. I got the hotel’s clerk to come out and argue with him, insisting that the fare was outrageous, but the driver wouldn’t budge. Finally, after a long Slovakian standoff during which I told him that I welcomed the arrival of the police, he relented and gave me three euros back if I returned the incriminating printed receipt showing he had charged me 15 euros. Alex, the hotel clerk, cheered me on but privately told me that the driver’s meter fiddling was “probably legal.” After I recounted this story to my audience in Bratislava the next day, I got an earful. I learned that the Slovak Transport Ministry had been promising since the 1990s to crack down on taxi pirates, but they’d done nothing. Indeed, when it comes to taxi competition, things have gotten worse in the city. Since April 1 of this year, the taxi app Bolt Taxify has seen 80 percent of it drivers leave the service — after regulations started requiring their drivers to meet stiffer standards. First impressions in visiting a country are important, so you can imagine the reaction of a foreign investor or tourist arriving in Bratislava. As a Slovak commentator on TripAdvisor warns: “You might end up paying 50 euros for a 2 to 3 mile trip. These ‘so called’ taxi drivers have very bad reputation, work as a cartel, and don’t even let regular honest taxi drivers pick up the customers” at the airport or train stations. He concluded that travelers should “just simply try local public transport.” That advice would not go over well with a potential investor. Lucia Rakayova, a local Slovakian businesswoman, tells me she has railed for years at the taxi cartel. “I am embarrassed to have to tell my visiting friends and relatives never to take taxis,” she told me. “I have written to the mayor and been told that nothing can be done.” But there may be a glimmer of hope. Matus Vallo, a local architect who ran and won the job of Bratislava mayor last November as an independent candidate, considers himself a transport expert. He ran on a 300-page plan for civic improvement called the Bratislava Plan. I couldn’t find an English translation, but perhaps he has some ideas for needed reforms of the taxi cartel. Time is short, as Bratislava is about to play host to hundreds of thousands of visitors next month. They will all be attending the International Ice Hockey Championships. It would be nice if they came away with a good experience traveling around the city, rather than the feeling that any ride could be a rip-off. After all, Bratislava’s transit problems could be a real embarrassment. The next International Ice Hockey Championships will be held in 2021 in Minsk, the capital of Belarus. That nation is universally scorned as a transgressor of human rights and often called “the last dictatorship in Europe.” But although it shares with Bratislava the problem of overcharging pirate taxis, it appears to have more functioning taxi apps from reputable companies — and with a shorter waiting time. Regardless, any comparisons between Slovakia and Belarus do not favor the former’s reputation. All of this isn’t to ignore or downplay the progress these countries have made since Communism’s fall. But a central-planning mentality, a tendency toward a weak rule of law, and restrictions on freedom linger on in too many countries. As I continue through my tour of Central Europe three decades after the fall of the Berlin Wall, I’ll report again on what I find along the way. More from National Review Establishment Parties ‘Czech Out’ of Power German Voters Shake Up the Elites Politicians All Over the World Aim to Dump Term Limits

https://finance.yahoo.com/news/global-markets-asian-shares-near-024927006.html

2019-04-15 02:49:27+00:00

Reuters

http://www.reuters.com/

GLOBAL MARKETS-Asian shares near 9-mth highs, helped by U.S. optimism on China trade talks

* Asian stock markets : https://tmsnrt.rs/2zpUAr4 * MSCI ex-Japan jumps, Nikkei at 4-1/2-month top * Sentiment boosted by China data, JPMorgan results * Positive news on Sino-US trade talks whet risk appetite By Swati Pandey SYDNEY, April 15 (Reuters) - Asian shares neared nine-month highs on Monday after U.S. Treasury Secretary Steven Mnuchin said he hoped U.S.-China trade talks were approaching a final lap, while strong Chinese export and bank loan data boosted confidence in the global economy. The consequent improvement in risk appetite resulted in the dollar easing against other major currencies. MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.6 percent to its highest since late July. Chinese shares led the growth with the blue-chip CSI300 index rising 2.2 percent. Hong Kong's Hang Seng added 1.2 percent while South Korea's KOSPI rose 0.7 percent. Japan's Nikkei also joined the party, gaining 1.4 percent to the highest since early December. "Stocks bulls certainly have the wind at their backs with improving growth but steady inflation, reduced trade tensions and a solid/better-than-feared Q1 earnings season," JPMorgan analysts said in a note. The rally follows on from strong finish on Wall Street on Friday as investors cheered Chinese data showing exports rebounded in March to a five-month high while new bank loans jumped by far more than expected. Investors also welcomed positive headlines on the Sino-U.S. trade talk as well. "We expect a relatively market-friendly U.S.-China deal," Bank of America Merrill Lynch global economist Ethan Harris said in a note. "In our view, market and political concerns will constrain future fights. Think 'skirmishes' rather than 'major battles.'" On Saturday, Mnuchin said a U.S.-China trade agreement would go "way beyond" previous efforts to open China's markets to U.S. companies and hoped that the two sides were "close to the final round" of negotiations. Further whetting risk appetite, Reuters exclusively reported on Monday that U.S. negotiators have tempered demands that China curb industrial subsidies as a condition for a trade deal after strong resistance from Beijing. Story continues Investors have been fretting about a global growth slowdown this year as trade disputes and tighter financial conditions hit demand. Worryingly, the International Monetary Fund cut its outlook for the world economy for the third time in six months. There have also been fears that weakness in key economies, including China, could spread to other countries, especially if elevated trade tensions between Beijing and Washington escalated further. As a result, the Group of 20 industrialised nations have called for a trade truce, signalling world leaders are prepared to take action to curtail risks of a global economic slowdown. RISK REWARD Investors are next looking to China's March-quarter gross domestic product data due Wednesday. A Reuters poll predicted it would show growth slowing 6.3 percent from a year earlier, the weakest pace since the global financial crisis a decade ago. All eyes are also on corporate earnings from major U.S. companies after quarterly results from JPMorgan handily beat analyst estimates last week. On Friday, the Dow jumped 1 percent, the S&P500 climbed 0.7 percent and the Nasdaq added 0.5 percent. JPMorgan analysts were less confident this share euphoria could continue, with valuations already sky high. In currencies, the dollar index was 0.1 percent weaker at 96.863 against a basket of major currencies as demand for safe haven assets eased. It had slipped to a near three-week trough of 96.745 on Friday. The Australian dollar, which is often used as a proxy for China plays, hovered near a seven-week top at $0.7173. The euro was a tad firmer at $1.1309 as dealers were gearing up for demand from Japan as Mitsubishi UFJ Financial closed in on its multi-billion-euro acquisition of DZ Bank's aviation-finance business. The common currency was also supported by encouraging data from the euro zone where industrial output in February declined by less than expected. In commodities, oil provided big milestones last week, with Brent breaking through the $70 threshold and the U.S. benchmark posting six straight weeks of gains for the first time since early 2016. Brent crude oil futures was last off 14 cents at $71.41 while crude futures, the U.S. benchmark, eased 29 cents to $63.60. (Editing by Simon Cameron-Moore)

https://finance.yahoo.com/news/close-look-eros-international-media-025017135.html

2019-04-15 02:50:17+00:00

Simply Wall St.

https://simplywall.st/

A Close Look At Eros International Media Limited’s (NSE:EROSMEDIA) 12% ROCE

Today we'll evaluate Eros International Media Limited ( NSE:EROSMEDIA ) to determine whether it could have potential as an investment idea. To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. First, we'll go over how we calculate ROCE. Next, we'll compare it to others in its industry. Finally, we'll look at how its current liabilities affect its ROCE. What is Return On Capital Employed (ROCE)? ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business. Generally speaking a higher ROCE is better. In brief, it is a useful tool, but it is not without drawbacks. Author Edwin Whiting says to be careful when comparing the ROCE of different businesses, since 'No two businesses are exactly alike.' How Do You Calculate Return On Capital Employed? Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Eros International Media: 0.12 = ₹3.3b ÷ (₹41b - ₹12b) (Based on the trailing twelve months to December 2018.) So, Eros International Media has an ROCE of 12%. View our latest analysis for Eros International Media Is Eros International Media's ROCE Good? When making comparisons between similar businesses, investors may find ROCE useful. Eros International Media's ROCE appears to be substantially greater than the 5.1% average in the Entertainment industry. I think that's good to see, since it implies the company is better than other companies at making the most of its capital. Setting aside the industry comparison for now, Eros International Media's ROCE is mediocre in absolute terms, considering the risk of investing in stocks versus the safety of a bank account. Investors may wish to consider higher-performing investments. Eros International Media's current ROCE of 12% is lower than 3 years ago, when the company reported a 19% ROCE. So investors might consider if it has had issues recently. Story continues NSEI:EROSMEDIA Past Revenue and Net Income, April 15th 2019 Remember that this metric is backwards looking - it shows what has happened in the past, and does not accurately predict the future. ROCE can be misleading for companies in cyclical industries, with returns looking impressive during the boom times, but very weak during the busts. This is because ROCE only looks at one year, instead of considering returns across a whole cycle. How cyclical is Eros International Media? You can see for yourself by looking at this free graph of past earnings, revenue and cash flow . Eros International Media's Current Liabilities And Their Impact On Its ROCE Current liabilities are short term bills and invoices that need to be paid in 12 months or less. Due to the way the ROCE equation works, having large bills due in the near term can make it look as though a company has less capital employed, and thus a higher ROCE than usual. To counteract this, we check if a company has high current liabilities, relative to its total assets. Eros International Media has total liabilities of ₹12b and total assets of ₹41b. Therefore its current liabilities are equivalent to approximately 30% of its total assets. It is good to see a restrained amount of current liabilities, as this limits the effect on ROCE. Our Take On Eros International Media's ROCE That said, Eros International Media's ROCE is mediocre, there may be more attractive investments around. Of course, you might find a fantastic investment by looking at a few good candidates. So take a peek at this free list of companies with modest (or no) debt, trading on a P/E below 20. If you are like me, then you will not want to miss this free list of growing companies that insiders are buying. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/jack-ma-again-endorses-extreme-015055763.html

2019-04-15 02:53:22+00:00

Bloomberg

https://www.bloomberg.com/

Jack Ma Again Endorses Extreme Overtime as Furor Rages On

(Bloomberg) -- Billionaire Jack Ma again encouraged tech workers to embrace the industry’s extreme-overtime culture, defying a growing social media backlash. The Alibaba Group Holding Ltd. co-founder once more endorsed the sector’s infamous 12-hours-a-day, six-days-a-week routine as de rigueur for passionate young workers. In a lengthy Sunday blog post, China’s richest man expanded on comments from last week, in which he dismissed people who expect a typical eight-hour office lifestyle. “As I expected, my comments internally a few days ago about the 996 schedule caused a debate and non-stop criticism,” Ma wrote. “I understand these people, and I could have said something that was ‘correct.’ But we don’t lack people saying ‘correct’ things in the world today, what we lack is truthful words that make people think.” Ma’s earlier comments stoked a fierce ongoing debate over tales of programmers and founders dying from unrelenting stress. Chinese tech workers protested labor conditions on the online code-sharing community GitHub in March under the banner 996.ICU, which quickly became the site’s most popular topic. The term 996 refers to a 9 a.m. to 9 p.m., six-day a week work schedule. Beyond Ma, several of China’s most prominent industry figures have also weighed in on the controversy. Richard Liu, chief executive of Alibaba arch-foe JD.com Inc., said in a recent post on his WeChat moments that, while he would never force staff to work a 996 schedule, people who slacked off were not considered his “brothers.” On Sunday, Ma said forcing employees to work gruelling hours was “inhumane” -- but that some wanted to do so. “Those who can stick to a 996 schedule are those who have found their passion beyond monetary gains,” Ma wrote. (Updates with comments from rival JD.com in the fourth paragraph.) To contact the reporter on this story: Lulu Yilun Chen in Hong Kong at [email protected] To contact the editors responsible for this story: Peter Elstrom at [email protected], Jeff Muskus, Edwin Chan For more articles like this, please visit us at bloomberg.com ©2019 Bloomberg L.P.

https://finance.yahoo.com/news/aoc-yankees-mets-bronx-queens-025527352.html

2019-04-15 02:55:27+00:00

Yahoo News

https://news.yahoo.com/

Alexandria Ocasio-Cortez is a Yankees fan

WASHINGTON — Rep. Alexandria Ocasio-Cortez has finally weighed in on one of the most divisive questions any New Yorker can face: Yankees or Mets? It’s an especially fraught issue for Ocasio-Cortez, whose congressional district spans parts of the two teams’ home boroughs, the Bronx and Queens. She was asked which club she backs in an interview with Yahoo News’ “Skullduggery” podcast on Sunday. “Oh, man,” Ocasio-Cortez said when she heard the question. “I’m in trouble.” She then shared her truth. “So here you go, you guys are breaking news. I have been raised a Yankees fan through and through,” she said, adding, “However, this is a huge feud in my family because a big part of the Bronx side of my family are also Mets fans, and Citi Field is in my district. So, in some ways, I have to kind of learn to be a Mets fan too.” Ocasio-Cortez’s voice then dropped to a whisper. “But I’m primarily a Yankees fan,” she said. “Sorry!” Ocasio-Cortez, who was born in the Bronx in 1989, explained that her affinity for the Yankees was fueled by growing up during the team’s late-’90s dynasty. “When I was a kid … I grew up with that Yankees dream team, like, [Derek] Jeter, [Jorge] Posada, like, Mariano Rivera,” she said. “You can’t not when that’s how you grow up.” _____ Read more from Yahoo News: Alexandria Ocasio-Cortez: 'I support impeaching this president' AOC: Trump is ‘absolutely’ trying to incite violence against Omar Ocasio-Cortez says a Biden presidential run doesn’t ‘animate’ her Ocasio-Cortez: ‘Social media poses a public health risk to everybody’ AOC: ‘Netanyahu is a Trump-like figure’

https://finance.yahoo.com/news/alexandria-ocasio-cortez-impeachment-skullduggery-025622198.html

2019-04-15 02:56:22+00:00

Yahoo News

https://news.yahoo.com/

Ocasio-Cortez: 'I support impeaching this president'

WASHINGTON — Rep. Alexandria Ocasio-Cortez said there are “so many” reasons to impeach President Trump in an interview with Yahoo News’ “Skullduggery” podcast on Sunday evening. The congresswoman also indicated she is likely to sign on to a resolution introduced by Rep. Rashida Tlaib, D-Mich., last month that calls for Congress to begin an investigation into whether Trump has committed impeachable offenses. “I think you could reach in a bag and pull so many things out that are impeachable of this president. I support impeaching this president,” Ocasio-Cortez said. Ocasio-Cortez, who became one of the most high-profile Democrats in Washington after winning her seat in a shocking upset last year, has previously expressed support for impeachment. However, her comments in the “Skullduggery” interview were her most direct on the issue, and she had previously been noncommittal when asked about Tlaib’s resolution. “We hadn’t signed on when it was first introduced, but we probably will,” Ocasio-Cortez said of the resolution, adding, “We’ll take a look into it.” Last month, Ocasio-Cortez spoke to reporters after a House Democratic Caucus meeting and emphasized that impeachment was unlikely due to the Republican Senate majority. Along with indicating she is likely to sign on to the impeachment resolution, in her conversation on “Skullduggery” the congresswoman outlined specific reasons she believes Trump could be impeached. She began discussing the issue when she was asked about comments Rep. Jerry Nadler, D-N.Y., made in a CNN interview on Sunday morning . Nadler, who is chairman of the House Judiciary Committee, said Trump showed “contempt” for the law when he reportedly promised the former head of Customs and Border Protection a pardon if he faced jail for denying immigrants seeking asylum entry into the United States. In a tweet on Saturday, Trump denied offering the pardon. Rep. Alexandria Ocasio-Cortez (Photo illustration: Yahoo News; photo: AP) “I think this is a very grave problem, but there’s so many aspects to this presidency that have ... posed a grave problem,” Ocasio-Cortez told Yahoo News when asked if she agreed with Nadler’s view and what she thought should be done about it. Story continues Asked about whether Trump’s reported pardon offer was “impeachable,” she responded it was one of the “many things” that could constitute impeachable offenses. When questioned what the “top three” offenses would be if she were drafting articles of impeachment against Trump, Ocasio-Cortez said “No. 1 is emoluments.” “I think it’s always been emoluments,” she said, adding, “It’s always been about that for me.” She was referring to a clause of the Constitution that prohibits members of the government from receiving emoluments, or any form of payment, from foreign countries. Many critics believe Trump has violated this rule because he maintains an interest in his real estate company, which has done business with foreign governments. For a second potential impeachable offense, Ocasio-Cortez pointed to “tax fraud.” She later explained she was referring to indications that Trump has falsely deflated the value of his various properties in order to lower his property-tax payments. She questioned the president’s former attorney , Michael Cohen, about this issue when he testified before Congress in February and he accused Trump of engaging in the practice. Last, Ocasio-Cortez suggested Trump’s reported offer of a pardon if the immigration official broke the law could be a “pretty potent” justification for impeachment if it is investigated. President Trump (AP Photo/Evan Vucci) One thing Ocasio-Cortez didn’t mention when it came to impeachment was Russia. She explained that “there are a lot of parts to the Russia issue that comes down to emoluments.” Specifically, she cited Trump’s efforts to build a skyscraper in Moscow. “I thInk emoluments kind of includes any ... financial misconduct in relation to Russia,” she said. The emphasis Ocasio-Cortez placed on the improbability of impeachment prior to her “Skullduggery” interview was more in line with the view expressed by House Speaker Nancy Pelosi and other members of Democratic leadership. Last month, Pelosi told the Washington Post she was “not for impeachment.” “Impeachment is so divisive to the country that unless there’s something so compelling and overwhelming and bipartisan, I don’t think we should go down that path, because it divides the country. And he’s just not worth it,” Pelosi said. In an interview with Yahoo News on April 5, Rep. Hakeem Jeffries, D-N.Y., the fifth-highest-ranking Democrat, said he agreed with Pelosi that there needed to be “overwhelming” evidence and said it was “extremely premature” to discuss impeachment. Ocasio-Cortez did not express similar hesitation and said it was difficult to try to focus on any one offense. In her view, there were almost too many impeachable offenses to list. “There’s just so much. ... I can’t even,” she said. “There’s just so much.” _____ Read more from Yahoo News: AOC: Trump is ‘absolutely’ trying to incite violence against Omar Ocasio-Cortez says a Biden presidential run doesn’t ‘animate’ her AOC: ‘Netanyahu is a Trump-like figure’ Ocasio-Cortez: ‘Social media poses a public health risk to everybody’ Alexandria Ocasio-Cortez roots for the home team. But which one?

https://finance.yahoo.com/news/piermont-grand-ec-executive-condo-030000837.html

2019-04-15 03:00:00+00:00

ACCESSWIRE

https://www.accesswire.com/

Piermont Grand EC, A New Executive Condo To Launch At Sumang Walk, Punggol Singapore

The most anticipated new executive condominium, EC is located atSumang Walk in Punggol Singapore. The project will comprise thirteenblocks each having between 10-17 storeys. SUMANG, SINGAPORE / ACCESSWIRE / April 14, 2019 / Piermont Grand, name of the new EC located at Sumang Walk in Punggol Singapore will be launched in 2019. The project attracted seventeen bids when the site was launched late last year. The developers will be comprised of thirteen blocks, each having between ten and seventeen storeys. The Piermont Grand EC Sumang Walk Singapore project winning bid was S$509.37 million. The projected value make it the most expensive yet planned for the Punggol area. The positive outlook of the Punggol area makes the Piermont project a highly sought after residential property for buyers, as well as a promising investment. It is believed the project is a sure success considering that the developer has won the most BCA awards in Singapore. The strategic location and other desirable attributes the development has makes it a highly valuable property. For more information on Piermont Grand https://www.piermont-grand.com.sg . Although Punggol might be considered a non-mature estate, there are plans underway to make it an exceptional eco-green area as well as a digital waterfront town characterized by numerous developments. It is located to face a panoramic view of the Punggol Reservoir. There are many amenities in the area, including Seletar Mall, Waterway Point and Punggol Plaza. These malls give buyers comprehensive shopping, entertainment and dining options. Punggol is set to become the first Digital District in Singapore with an exciting future that any buyer will like. According to URA, Punggol will become the first digital district in Singapore integrating education and business and driven by social, technology and urban innovation. It will feature all the important sectors that constitute a digital economy such as artificial intelligence and the Internet of Things that will steer the Smart Nation Initiative in Singapore. Story continues More details are available at https://www.piermont-grand.com.sg Contact Info: Name: Mr EC Organization: Piermont Grand Address: 18 Sumang Walk, Singapore 828700 Phone: +6531389744 Website: https://www.piermont-grand.com.sg SOURCE: Piermont Grand EC View source version on accesswire.com: https://www.accesswire.com/541955/Piermont-Grand-EC-A-New-Executive-Condo-To-Launch-At-Sumang-Walk-Punggol-Singapore

https://finance.yahoo.com/news/justices-lawyers-sidestep-profanity-scandalous-030500847.html

2019-04-15 03:05:00+00:00

ALM Media

https://www.law.com

Justices and Lawyers Sidestep Profanity in 'Scandalous' Trademark Case

The U.S. solicitor general's petition in a trademark dispute over the mark "FUCT." U.S. Supreme Court justices and the lawyers arguing before them went out of their way Monday to avoid the four letters at the very core of the case of Iancu v. Brunetti : FUCT. The issue in the First Amendment case was whether "FUCT," the name of Erik Brunetti's line of clothing, could be trademarked, or whether it would violate the Lanham Act, which bans registration of "immoral … or scandalous matter." Deputy Solicitor General Malcolm Stewart, who was defending the constitutionality of the law, came up with the most creative way of describing the word without saying it. "This mark," Stewart said to the justices, "would be perceived by a substantial segment of the public as the equivalent of the profane past participle form of a well-known word of profanity and perhaps the paradigmatic word of profanity in our language." Later he condensed that mouthful of alliterative words to: "the past participle form of the paradigmatic profane word in our culture." Stewart added, "It's hard to see what would be covered by the law if this is not." Several justices seemed to search for a line that could be drawn to deny registration to some words without running afoul of the First Amendment. But justices were also aware that the momentum of pro-free speech decision-making by the court in recent years has made drawing that line difficult. Just two years ago, in Matal v. Tam , the court ruled that disparaging marks could not be denied registration under the Lanham Act. Justice Elena Kagan. Photo: Diego M. Radzinschi/NLJ As they struggled to find the line, the justices avoided uttering FUCT and related words themselves. Justice Elena Kagan called them "those words," and Justice Stephen Breyer sidestepped by saying, "Most people know what words we're talking about." Chief Justice John Roberts Jr., who has two teenage children old enough to have heard if not spoken expletives, sympathized with the plight of "parents who are trying to teach their children not to use those kinds of words" who might see people wearing FUCT clothing while walking with their children in a shopping mall. John Sommer, the California lawyer representing Brunetti, pledged beforehand in his brief that at oral argument, he would not utter the word that he wants to be trademarked. “It is not expected that it will be necessary to refer to vulgar terms during argument," Sommer wrote in a footnote. Sommer kept his promise, though he spelled out similar words like FVCK and FCUK that have won trademark protection. When Stewart said words like PHUC would be examined in context by the Patent and Trademark Office before deciding on whether it could be trademarked, Justice Neil Gorsuch made it clear he had had enough of the terminology. "I don't want to go through the examples," Gorsuch exclaimed. "I really don't want to do that." Story continues Read more: Don't Expect Profanities to Fly When Justices Hear 'FUCT' Trademark Case In Quoting Profanity, Some Judges Give a F#%&. Others Don't Supreme Court to Review Patent Office Ban on Vulgar Trademarks Federal Circuit Wrestles With Vulgar Trademarks in 'Fuct' Case

https://finance.yahoo.com/news/khloe-kardashian-awkwardly-reunites-tristan-030646658.html

2019-04-15 03:06:46+00:00

Entertainment Tonight

http://www.etonline.com/

Khloe Kardashian Awkwardly Reunites With Tristan Thompson at True's Epic 1st Birthday Bash

Everyone knew that Khloe Kardashian would go all out for her little girl's first birthday , but the Keeping Up With the Kardashians star truly pulled out all the stops. Nothing was too much when it came to giving baby True the best ever birthday celebration, including live animals, massive balloon displays and even spelling her daughter's name in a giant topiary. Khloe even invited True's dad , Tristan Thompson, despite their messy breakup in February following yet another cheating scandal -- and things seemed a little chilly between them. In a video the Good American founder shared to her Instagram Story -- one of many videos and pics from the birthday party -- Thompson can be seen off to the side of the frame, posing with Khloe and True for photos in front of the balloon wall. While Thompson attempts to talk with Khloe and play with True , whom Khloe was holding, many fans couldn't help but feel that the reality star was doing her best to largely ignore her ex as much as possible. View this post on Instagram #PressPlay: Okay! #TristanThompson and #KhloeKardashian celebrate baby #True’s 1st birthday 👀 A post shared by The Shade Room (@theshaderoom) on Apr 14, 2019 at 6:47pm PDT However, the epic bash -- which kicked off Sunday afternoon, two days after True's actual birthday -- wasn't all awkward. In fact, it looked to be an insane amount of fun, and the Kardashian family, and their guests, couldn't help but share snapshots of all the wild and over-the-top aspects of the festivities. First off, mother and daughter were totally twinning in adorable matching silvery blue ensembles, and they couldn't have been cuter. Khloe Kardashian/Instagram Rich Youngin/Instagram The pair were photographed posing in front of one of the party's many visual centerpieces -- True's name spelled out in hedge-form. Rich Youngin/Instagram Khloe Kardashian/Instagram Another eye-catching display was the massive wall of multi-colored balloons (or, possibly balloon-shaped orbs? It's hard to tell) that served as a backdrop to the birthday girl's butterfly-covered cake. Story continues Khloe Kardashian/Instagram Kim Kardashian West also shared some pics of the party to her Instagram story, including this adorable photo of daughter North West posing in front of the balloon wall rocking her mom's heels. Kim Kardashian/Instagram All of this is before we even get to the cotton candy, ice cream pop cart and petting zoo filled with ponies that really cemented the fact that this might have been the best kid's party of all time. Kim Kardashain/Instagram Khloe Kardashian/Instagram Khloe Kardashian/Instagram In fact, this pic of True riding a tiny pony might be the best photo ever snapped at a kid's birthday party. Rich Youngin/Instagram For more on Khloe's adorable, lovable baby girl, check out the video below. RELATED CONTENT: Tristan Thompson Shares Sweet Birthday Wishes for 'My Twin' True Khloe Kardashian Invited Tristan Thompson to Daughter True's Birthday Party, Source Says Where Khloe Kardashian and Tristan Thompson Stand 1 Year After Welcoming Daughter True True Thompson Turns 1! Celebrate With Her and Khloe Kardashian's Cutest Mommy-And-Me Pics Related Articles: Hollywood's Best Bikini Bods Over 40 Biggest Celebrity Breakups of 2019 -- So Far! Celebrities in Their Underwear

https://finance.yahoo.com/news/asias-tech-champions-zero-main-street-banking-004812071--sector.html

2019-04-15 03:08:42+00:00

Reuters

https://www.reuters.com/

Asia's tech champions zero in on main street banking

By Alun John and Sumeet Chatterjee HONG KONG (Reuters) - Asia's internet firms are challenging the region's traditional banks for consumer finances, tapping their massive user networks for business and following a trail blazed in China by tech giants Alibaba and Tencent. The push into banking by companies better known for their messaging apps, cute emojis and online holiday bookings comes as regulators across Asia open up their banking sectors to a new breed of digital players. The shift is in its infancy but contrasts sharply with the banking markets of Europe and North America, where change is slower and such startups tend to be backed by venture capital funds and financial sector incumbents, not tech firms. Asia's tech entrants see their advantage in the way they can seamlessly integrate banking services with their users' regular online activities and the efficiency that comes from their technology. "If you want to open a bank account (in Hong Kong) you need to go to a branch, answer questions for an hour, and you still won't get the account opened without follow up calls," said Wayne Xu, president of ZhongAn International, a unit of Chinese online insurer ZhongAn, setting up a virtual bank. "However, all the information needed at the counter can already be collected on a mobile phone." Hong Kong's banking regulator last month issued one of four so-called virtual banking licenses to ZhongAn in what could be the biggest shake-up in years in a city dominated by HSBC and Standard Chartered. Last week, the regulator said on it was making progress on four additional applications. In South Korea, authorities have issued two online only bank licenses, one of them to Kakao Bank in 2017, which is operated by the company behind the country's largest chat app. "The 45 million monthly average users of our messaging app Kakao Talk is a huge plus for us when advertising our bank," a spokesman for Kakao Bank said. He added the bank uses Kakao's artificial intelligence technology for its automated customer support systems. The bank had 8.9 million users as of March. Story continues Other Asian countries set to approve online-only banks include Taiwan – where a group led by a unit of Japanese messaging app operator Line Corp has applied for a license - and Malaysia, which plans guidelines by the end of the year. Bank of Thailand Governor Veerathai Santiprabhob said the central bank was exploring the issue. "Large technology companies are seeing this as a land-grab opportunity where they can build out new sets of financial services that can be cross-sold to their existing users," said Jeff Galvin, a Hong Kong-based partner at McKinsey. DIGITAL ASIA Driving the shift in Asia is mobile technology's deep penetration across all aspects of consumer life. Such trends were forged by Alibaba and Tencent in China where the two upended financial services and drove a revolution in the cashless economy with their digital payment applications. In contrast, U.S. tech giants such as Amazon and Alphabet Inc's Google have focused their financial industry efforts on providing tech and consulting services to incumbents. Asian consumers are far more willing to bank with tech firms than elsewhere in the world. More than 90 percent of consumers under 35 in China and India would bank with a technology firm, according to Bain research, compared to 75 percent in the United States and just 51 percent in France. Graphic: Asian consumers banking with tech firms, click https://tmsnrt.rs/2X1YkI6 The online-only banks in Hong Kong plan to start-off by offering services such as savings accounts, credit cards, personal loans and travel insurance. "What we are seeing in Asia is technology companies moving sideways into finance, inspired by or even threatened by the examples of Alibaba and Tencent," said James Lloyd, partner and APAC fintech leader at consultancy EY. In Asia, the emergence of tech gains in the banking sector comes at a difficult time for the region's incumbents who have begun reassessing the vast branch networks that, until recently, were seen as their competitive advantage. The number of bank branches in Hong Kong, Japan, Malaysia, South Korea and Thailand has declined in the last couple of years, dropping by between 1 percent and 7 percent in 2017 from 2015, according to the International Monetary Fund. That compares with growth of as much as 8 percent a decade ago. To be sure, legacy banks in Asia have their own plans to stay relevant in the changing space with some tying up with new rivals. Among the new Hong Kong digital banking licensees is a joint venture between StanChart, Chinese holiday booking giant Ctrip and local telco PCCW. "We think that the ecosystem we can build together will be a great integration of lifestyle into banking," Mary Huen chief executive of StanChart Hong Kong, and chairman of the new virtual bank, said at a press conference. (Reporting by Sumeet Chatterjee and Alun John; additional reporting by Heekyong Yang in Seoul, Liz Lee in Kuala Lumpur, Chayut Setboonsarng in Bangkok; Editing by Jennifer Hughes and Sam Holmes)

https://finance.yahoo.com/news/directors-own-99-wuxian-limited-031040780.html

2019-04-15 03:10:40+00:00

Simply Wall St.

https://simplywall.st/

Do Directors Own 99 Wuxian Limited (ASX:NNW) Shares?

A look at the shareholders of 99 Wuxian Limited ( ASX:NNW ) can tell us which group is most powerful. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. Warren Buffett said that he likes 'a business with enduring competitive advantages that is run by able and owner-oriented people'. So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. 99 Wuxian is a smaller company with a market capitalization of AU$108m, so it may still be flying under the radar of many institutional investors. Taking a look at our data on the ownership groups (below), it's seems that institutions are not really that prevalent on the share registry. Let's delve deeper into each type of owner, to discover more about NNW. See our latest analysis for 99 Wuxian ASX:NNW Ownership Summary, April 15th 2019 What Does The Institutional Ownership Tell Us About 99 Wuxian? Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. Since institutions own under 5% of 99 Wuxian, many may not have spent much time considering the stock. But it's clear that some have; and they liked it enough to buy in. If the business gets stronger from here, we could see a situation where more institutions are keen to buy. It is not uncommon to see a big share price rise if multiple institutional investors are trying to buy into a stock at the same time. So check out the historic earnings trajectory, below, but keep in mind it's the future that counts most. ASX:NNW Income Statement, April 15th 2019 We note that hedge funds don't have a meaningful investment in 99 Wuxian. As far I can tell there isn't analyst coverage of the company, so it is probably flying under the radar. Insider Ownership Of 99 Wuxian The definition of company insiders can be subjective, and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board; and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board, themselves. Story continues I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. Our information suggests that insiders maintain a significant holding in 99 Wuxian Limited. Insiders have a AU$31m stake in this AU$108m business. I would say this shows alignment with shareholders, but it is worth noting that the company is still quite small; some insiders may have founded the business. You can click here to see if those insiders have been buying or selling. General Public Ownership With a 22% ownership, the general public have some degree of sway over NNW. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. Private Company Ownership We can see that Private Companies own 45%, of the shares on issue. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research. Next Steps: It's always worth thinking about the different groups who own shares in a company. But to understand 99 Wuxian better, we need to consider many other factors. I like to dive deeper into how a company has performed in the past. You can access this interactive graph of past earnings, revenue and cash flow for free . Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/jtf-international-holdings-hkg-8479-031519881.html

2019-04-15 03:15:19+00:00

Simply Wall St.

https://simplywall.st/

The JTF International Holdings (HKG:8479) Share Price Is Down 75% So Some Shareholders Are Rather Upset

It's not a secret that every investor will make bad investments, from time to time. But it should be a priority to avoid stomach churning catastrophes, wherever possible. So spare a thought for the long term shareholders of JTF International Holdings Limited ( HKG:8479 ); the share price is down a whopping 75% in the last twelve months. A loss like this is a stark reminder that portfolio diversification is important. JTF International Holdings hasn't been listed for long, so although we're wary of recent listings that perform poorly, it may still prove itself with time. Unfortunately the share price momentum is still quite negative, with prices down 21% in thirty days. See our latest analysis for JTF International Holdings There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. Even though the JTF International Holdings share price is down over the year, its EPS actually improved. Of course, the situation might betray previous over-optimism about growth. The divergence between the EPS and the share price is quite notable, during the year. So it's well worth checking out some other metrics, too. JTF International Holdings managed to grow revenue over the last year, which is usually a real positive. Since the fundamental metrics don't readily explain the share price drop, there might be an opportunity if the market has overreacted. The graphic below shows how revenue and earnings have changed as management guided the business forward. If you want to see cashflow, you can click on the chart. SEHK:8479 Income Statement, April 15th 2019 Take a more thorough look at JTF International Holdings's financial health with this free report on its balance sheet . A Different Perspective JTF International Holdings shareholders are down 75% for the year, even worse than the market loss of 3.6%. That's disappointing, but it's worth keeping in mind that the market-wide selling wouldn't have helped. With the stock down 11% over the last three months, the market doesn't seem to believe that the company has solved all its problems. Basically, most investors should be wary of buying into a poor-performing stock, unless the business itself has clearly improved. Before spending more time on JTF International Holdings it might be wise to click here to see if insiders have been buying or selling shares. Story continues If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on HK exchanges. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/catalent-buy-paragon-bioservices-1-031733031.html

2019-04-15 03:17:33+00:00

Reuters

https://www.reuters.com/

Catalent to buy Paragon Bioservices for $1.2 billion - WSJ

(Reuters) - Drug developer Catalent Inc has agreed to buy privately held, gene-therapy focused Paragon Bioservices Inc for $1.2 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter. An all-cash deal between the companies is expected to be announced on Monday morning and would help Catalent expand its capabilities to develop specialized and costly gene therapy treatments, the Journal said. Catalent and Paragon did not immediately respond to requests for comment on Sunday. Drug companies have been moving aggressively into gene therapy, where treatments for rare, inherited diseases command some of the highest prices in medicine. Paragon, backed by private-equity firms Camden Partners and NewSpring Capital, focuses on developing gene therapy, next-generation vaccines, and other complex biopharmaceuticals for its clients. The Baltimore, Maryland-based company is expected to record more than $200 million in revenue this year, the Journal said. Gene therapies use specially engineered viruses, or viral vectors, to deliver genetic material into defective cells, in hopes of improving or potentially even curing an inherited condition. Somerset, New Jersey-based Catalent also develops drugs for other companies and does business in Asia, Europe, and North and South Americas. Its biologics and specialty drug business generated about $602 million in revenue in the 2018 financial year. If confirmed, the deal would follow other multi-billion-dollar deals involving gene therapy companies. Swiss drugmaker Roche agreed to buy U.S.-based gene therapy specialist Spark Therapeutics Inc for $4.3 billion in February, while Novartis purchased U.S.-based Avexis for $8.7 billion last year, also to gain a platform of gene therapies. (Reporting by Ismail Shakil in Bengaluru; Editing by Chris Reese)

https://finance.yahoo.com/news/rio-tinto-commits-extra-302-032027658.html

2019-04-15 03:20:27+00:00

Reuters

https://www.reuters.com/

Rio Tinto commits extra $302 million for Resolution copper project, eyes EV market

(Reuters) - Rio Tinto Ltd said on Monday it would invest an extra $302 million to develop its Resolution copper project in the U.S. state of Arizona, as it looks to expands output to meet the lucrative market for new energy vehicles. The funds will be used bank-roll additional drilling, ore-body studies, infrastructure improvements and permitting activities with the miner aiming to advance the project to the final stage of the permitting phase, it said in a statement to the Australian Stock Exchange. Resolution, owned 55 percent by Rio and 45 percent by BHP Group, is one of the "most significant undeveloped copper projects in the world", Chief Executive Jean-Sébastien Jacques said. "The comprehensive permitting process is well underway with the environmental impact study on track to be completed next year according to the regulators schedule," Jacques added. Copper has become a hot-commodity thanks to an expected boom in production of electric vehicles, which use twice as much copper as internal combustion engines. "The rise of electric vehicles, battery storage, new transmission technology and other green energy innovations are highly copper intensive. We need to prepare now to meet this future demand," Jacques said. In February, Rio said it made a promising find of copper, gold and silver at its Winu prospect in Western Australia. Miners have begun to spend more on replenishing their pipelines after a price recovery in recent years allowed them to repair their balance sheets following the commodity bust of 2015-16. (Reporting by Aditya Soni in Bengaluru; editing by Richard Pullin)

https://finance.yahoo.com/news/those-purchased-predictive-discovery-asx-032511315.html

2019-04-15 03:25:11+00:00

Simply Wall St.

https://simplywall.st/

Those Who Purchased Predictive Discovery (ASX:PDI) Shares Five Years Ago Have A 92% Loss To Show For It

We're definitely into long term investing, but some companies are simply bad investments over any time frame. We don't wish catastrophic capital loss on anyone. Spare a thought for those who held Predictive Discovery Limited ( ASX:PDI ) for five whole years - as the share price tanked 92%. And we doubt long term believers are the only worried holders, since the stock price has declined 71% over the last twelve months. There was little comfort for shareholders in the last week as the price declined a further 25%. We really feel for shareholders in this scenario. It's a good reminder of the importance of diversification, and it's worth keeping in mind there's more to life than money, anyway. Check out our latest analysis for Predictive Discovery With just AU$22,004 worth of revenue in twelve months, we don't think the market considers Predictive Discovery to have proven its business plan. We can't help wondering why it's publicly listed so early in its journey. Are venture capitalists not interested? As a result, we think it's unlikely shareholders are paying much attention to current revenue, but rather speculating on growth in the years to come. For example, investors may be hoping that Predictive Discovery finds some valuable resources, before it runs out of money. Companies that lack both meaningful revenue and profits are usually considered high risk. You should be aware that there is always a chance that this sort of company will need to issue more shares to raise money to continue pursuing its business plan. While some companies like this go on to deliver on their plan, making good money for shareholders, many end in painful losses and eventual de-listing. Predictive Discovery has already given some investors a taste of the bitter losses that high risk investing can cause. Predictive Discovery had net cash of just AU$1.4m when it last reported (December 2018). So if it has not already moved to replenish reserves, we think the near-term chances of a capital raising event are pretty high. With that in mind, you can understand why the share price dropped 40% per year, over 5 years. The image below shows how Predictive Discovery's balance sheet has changed over time; if you want to see the precise values, simply click on the image. Story continues ASX:PDI Historical Debt, April 15th 2019 In reality it's hard to have much certainty when valuing a business that has neither revenue or profit. Would it bother you if insiders were selling the stock? It would bother me, that's for sure. It costs nothing but a moment of your time to see if we are picking up on any insider selling. What about the Total Shareholder Return (TSR)? We'd be remiss not to mention the difference between Predictive Discovery's total shareholder return (TSR) and its share price return . The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. We note that Predictive Discovery's TSR, at -89% is higher than its share price return of -92%. When you consider it hasn't been paying a dividend, this data suggests shareholders have benefitted from a spin-off, or had the opportunity to acquire attractively priced shares in a discounted capital raising. A Different Perspective Investors in Predictive Discovery had a tough year, with a total loss of 71%, against a market gain of about 12%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Unfortunately, last year's performance may indicate unresolved challenges, given that it was worse than the annualised loss of 36% over the last half decade. Generally speaking long term share price weakness can be a bad sign, though contrarian investors might want to research the stock in hope of a turnaround. If you would like to research Predictive Discovery in more detail then you might want to take a look at whether insiders have been buying or selling shares in the company. Of course Predictive Discovery may not be the best stock to buy . So you may wish to see this free collection of growth stocks. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on AU exchanges. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/eu-us-begin-trade-talks-032607340.html

2019-04-15 03:26:07+00:00

ALM Media

https://www.law.com

EU and US to Begin Trade Talks Amid Heightened Tariff Threats

EU Trade Chief Cecilia Malmstrom EU Trade Chief Cecilia Malmstrom. Photo: Shutterstock The European Union has agreed to start negotiations with the United States to head off a trade dispute threatened by U.S. President Donald Trump. EU ministers on Monday authorised the European Commission to work with the U.S. on two deals to eliminate tariffs on industrial goods and to recognise each other's conformity assessments. The decision to launch negotiations comes after Trump threatened last year to hit the EU with punitive tariffs, especially on the export of cars mainly from Germany, because of the country's trade surplus with the U.S. Trump threatened to impose tariffs of 20 percent on imports of German cars unless the EU struck a trade deal. “This is a welcome decision that will help ease trade tensions," said Cecilia Malmström, the EU's trade commissioner. "We are now ready to start formal talks for these two targeted agreements that will bring tangible benefits for people and economies on both sides of the Atlantic. I am convinced that breaking down barriers to trade between us can be win-win." The deals cover only tariffs on industrial goods. Agricultural products are excluded – the two governments announced last July that they had reached an agreement to negotiate a trade deal on certain goods, but that these did not include farm products. Congress is now insisting that the deal should cover farm products. Tariffs on industrial products are generally quite low, about 3 percent on average, while farm goods benefit from tariffs of about 23 percent. “Agriculture will certainly not be part of these negotiations, this is a red line for Europe,” Malmstrom said during a news conference Monday. France voted against the decision to give the commission authority to negotiate, while Belgium abstained. Getting a deal on conformity assessment would reduce the costs for businesses of getting new products tested and certified safe for sale and use in the EU and the U.S. At the moment, the two sides have different rules and procedures for electrical, mechanical and engineering goods, including automotive parts and medical devices. A Brussels-based trade lawyer said there was “a lot of concern” among EU clients because of the uncertainty around U.S. trade policy. Clients wanted to see how they might be affected by tariffs imposed on their exports to the U.S. and on any diversion of trade flows because of tariffs applied to Chinese products. The lawyer said clients were expected to keep a close eye on these talks as well. “We anticipate there will be questions,” the lawyer said. In a separate development, the EU will on Wednesday publish for consultation a list of U.S. exports to be targeted for tariffs in retaliation for illegal U.S. subsidies to U.S. aerospace company Boeing. The World Trade Organization (WTO) ruled last week that the U.S. had failed to remove tax breaks it had ruled illegal. The EU estimates that the damage to its industry from the tax breaks is €20 billion ($22.6 billion). The WTO will rule later this year on its assessment of the damage.

https://finance.yahoo.com/news/asian-shares-advance-us-china-trade-hopes-032559086--finance.html

2019-04-15 03:26:14+00:00

Associated Press

https://apnews.com/

Asian shares advance on US-China trade hopes

SINGAPORE (AP) -- Asian markets were broadly higher Monday on signs that the U.S. and China were closing in on a trade deal after months of negotiations. The Shanghai Composite index gained 1.7% to 3,243.91. Japan's Nikkei 225 index jumped 1.5% to 22,190.71 and the Kospi in South Korea added 0.7% to 2,249.43. Hong Kong's Hang Seng picked up 1.1% to 30,245.00, while Australia's S&P ASX 200 lost 0.1% to 6,244.90. Stocks rose in Taiwan, Singapore and Indonesia but fell in the Philippines. On Saturday, U.S. Treasury Secretary Steven Mnuchin told reporters that the U.S. and China were moving closer to an agreement on trade. Speaking on the sidelines of the International Monetary Fund and World Bank spring meetings, Mnuchin said the U.S. and China had held phone discussions last week and he wasn't sure if more face-to-face meetings would be needed. He did not give a timeframe for when negotiations might be wrapped up. Mnuchin added that the proposed agreement has seven chapters and will allow both countries to set up enforcement offices to make sure the deal is followed. This fueled hopes that a wide-ranging dispute between the world's two biggest economies could soon be put to rest. Chinese foreign ministry spokesman Lu Kang said Thursday that the discussions were "moving forward" and "new substantial progress" was made. "U.S. and China have been actively keeping alive hopes that a trade deal is within reach. This coupled with better-than-expected China data in March led the Shanghai Composite Index to its highest level since March 2018," DBS Group Research strategists Philip Wee and Joanne Goh said in a commentary. Last week, China reported that its exports in March rose 14.2% from a year earlier. This was a turnaround from a 20.8% contraction in February, signaling stronger global demand. Sales to the American market also accelerated despite President Donald Trump's tariffs of up to 25% on $250 billion of Chinese goods. On Wall Street, strong gains by banks on Friday led the broad S&P 500 index to its third straight weekly gain. It finished 0.7% higher at 2,907.41. Story continues The Dow Jones Industrial Average rebounded 1% to 26,412.30 and the Nasdaq composite advanced 0.5%, to 7,984.16. The Russell 2000 index of smaller-company stocks was up 0.4% at 1,584.80. ENERGY: Benchmark U.S. crude shed 24 cents to $63.65 per barrel in electronic trading on the New York Mercantile Exchange. The contract gained 31 cents to close at $63.89 on Friday. Brent crude, used to price international oils, lost 12 cents to $71.43 per barrel in London. It added 72 cents in the previous session to $71.55. CURRENCY: The dollar weakened to 111.99 yen from 112.01 yen late Friday. The euro rose to $1.1315 from $1.1300.

https://finance.yahoo.com/news/did-miss-electrotherm-india-nse-032949731.html

2019-04-15 03:29:49+00:00

Simply Wall St.

https://simplywall.st/

Did You Miss Electrotherm (India)'s (NSE:ELECTHERM) Whopping 842% Share Price Gain?

We think all investors should try to buy and hold high quality multi-year winners. And highest quality companies can see their share prices grow by huge amounts. To wit, the Electrotherm (India) Limited ( NSE:ELECTHERM ) share price has soared 842% over five years. And this is just one example of the epic gains achieved by some long term investors. On top of that, the share price is up 40% in about a quarter. Anyone who held for that rewarding ride would probably be keen to talk about it. See our latest analysis for Electrotherm (India) To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. During the last half decade, Electrotherm (India) became profitable. That kind of transition can be an inflection point that justifies a strong share price gain, just as we have seen here. You can see how EPS has changed over time in the image below (click on the chart to see the exact values). NSEI:ELECTHERM Past and Future Earnings, April 15th 2019 This free interactive report on Electrotherm (India)'s earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further. A Different Perspective It's good to see that Electrotherm (India) has rewarded shareholders with a total shareholder return of 30% in the last twelve months. However, that falls short of the 57% TSR per annum it has made for shareholders, each year, over five years. Potential buyers might understandably feel they've missed the opportunity, but it's always possible business is still firing on all cylinders. Most investors take the time to check the data on insider transactions. You can click here to see if insiders have been buying or selling. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on IN exchanges. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/veteran-actor-chew-chor-meng-033300610.html

2019-04-15 03:33:00+00:00

Coconuts Singapore

https://coconuts.co/singapore/

Veteran actor Chew Chor Meng gives heartfelt, inspiring speech to a teary audience at Star Awards 2019

The 25th anniversary of Mediacorp’s Star Awards, held last night, was filled with tears and poignant speeches. Especially with Zoe Tay and Chen Hanwei taking home Best Actress and Actor trophies, and an emotional photo montage and performance tribute to late actor Aloysius Pang , who passed away in January this year after sustaining injuries from carrying out repair works inside an artillery vehicle while on reservice in New Zealand. But one highlight of the night was veteran actor Chew Chor Meng, respected and well-liked for his dedication to his craft despite the curveballs that life has thrown at him. Receiving a special Achievement Award presented by Education Minister Ong Ye Kung, Chew delivered a sincere, heartfelt, and moving speech that brought tears to audiences’ eyes, whether seated at the show or at home. The popular actor, whose career kicked off after he won talent competition Star Search in 1990, was honored with a montage of notable characters he embodied since he burst on to the scene. A regular on the Top 10 Most Popular Male Artistes list at the Star Awards show, Chew was diagnosed in 2008 with Kennedy’s disease, a muscular dystrophy illness that resulted in cardiac problems and diabetes as well. But in no way did the diagnosis stop him from doing what he loved best. “My health hasn’t been good these past 10 years, but I’m very thankful that I can still act,” he said, tearing up as he thanked his Father in heaven and his colleagues for their support. “I will keep persevering on because I love acting. Even if I’m paralyzed, I will continue to act my best, because I’m an actor and that’s my responsibility.” As his speech went viral online, netizens came forward to show their support for him, respecting the inspiring way he lives his life. This article, Veteran actor Chew Chor Meng gives heartfelt, inspiring speech to a teary audience at Star Awards 2019 , originally appeared on Coconuts , Asia's leading alternative media company. Want more Coconuts? Sign up for our newsletters!

https://finance.yahoo.com/news/niche-tech-group-limiteds-hkg-033439509.html

2019-04-15 03:34:39+00:00

Simply Wall St.

https://simplywall.st/

Is Niche-Tech Group Limited's (HKG:8490) ROE Of 0.1% Concerning?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. By way of learning-by-doing, we'll look at ROE to gain a better understanding of Niche-Tech Group Limited ( HKG:8490 ). Niche-Tech Group has a ROE of 0.1% , based on the last twelve months. One way to conceptualize this, is that for each HK$1 of shareholders' equity it has, the company made HK$0.0015 in profit. See our latest analysis for Niche-Tech Group How Do You Calculate ROE? The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Niche-Tech Group: 0.1% = HK$350k ÷ HK$237m (Based on the trailing twelve months to December 2018.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. It is all the money paid into the company from shareholders, plus any earnings retained. Shareholders' equity can be calculated by subtracting the total liabilities of the company from the total assets of the company. What Does ROE Signify? ROE measures a company's profitability against the profit it retains, and any outside investments. The 'return' is the yearly profit. That means that the higher the ROE, the more profitable the company is. So, all else equal, investors should like a high ROE . That means it can be interesting to compare the ROE of different companies. Does Niche-Tech Group Have A Good Return On Equity? Arguably the easiest way to assess company's ROE is to compare it with the average in its industry. The limitation of this approach is that some companies are quite different from others, even within the same industry classification. If you look at the image below, you can see Niche-Tech Group has a lower ROE than the average (6.9%) in the Semiconductor industry classification. SEHK:8490 Past Revenue and Net Income, April 15th 2019 Unfortunately, that's sub-optimal. It is better when the ROE is above industry average, but a low one doesn't necessarily mean the business is overpriced. Nonetheless, it could be useful to double-check if insiders have sold shares recently . Story continues How Does Debt Impact Return On Equity? Companies usually need to invest money to grow their profits. The cash for investment can come from prior year profits (retained earnings), issuing new shares, or borrowing. In the first two cases, the ROE will capture this use of capital to grow. In the latter case, the debt used for growth will improve returns, but won't affect the total equity. In this manner the use of debt will boost ROE, even though the core economics of the business stay the same. Combining Niche-Tech Group's Debt And Its 0.1% Return On Equity While Niche-Tech Group does have a tiny amount of debt, with debt to equity of just 0.058, we think the use of debt is very modest. Its ROE is rather low, and it does use some debt, albeit not much. That's not great to see. Judicious use of debt to improve returns can certainly be a good thing, although it does elevate risk slightly and reduce future optionality. The Key Takeaway Return on equity is one way we can compare the business quality of different companies. In my book the highest quality companies have high return on equity, despite low debt. If two companies have the same ROE, then I would generally prefer the one with less debt. But ROE is just one piece of a bigger puzzle, since high quality businesses often trade on high multiples of earnings. It is important to consider other factors, such as future profit growth -- and how much investment is required going forward. So I think it may be worth checking this free this detailed graph of past earnings, revenue and cash flow . Of course Niche-Tech Group may not be the best stock to buy . So you may wish to see this free collection of other companies that have high ROE and low debt. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/volkswagen-pushes-battery-partners-build-gigafactories-033623542--finance.html

2019-04-15 03:36:23+00:00

Reuters

https://www.reuters.com/

Volkswagen pushes battery partners to build Gigafactories

SHANGHAI (Reuters) - Volkswagen is pushing its joint venture partners including SK Innovation (SKI) to build electric car battery plants which have at least one Gigawatt manufacturing capacity, Chief Executive Herbert Diess told Reuters. "Anything below that amount would make little sense," Diess said on the sidelines of the Shanghai Auto Show on Sunday. Volkswagen will buy 50 billion euros ($56.57 billion) worth of battery cells for electric cars and has identified South Korea's SKI, LG Chem and Samsung SDI as strategic battery cell suppliers as well as China's Contemporary Amperex Technology Co Ltd (CATL). The German automaker is retooling 16 factories to build electric vehicles and plans to start producing 33 different electric cars under the Skoda, Audi, VW and Seat brands by mid 2023. "We are considering an investment in a battery manufacturer in order to reinforce our electrification offensive and build up the necessary know-how," Volkswagen said. SKI is building a battery cell manufacturing plant in the United States to supply Volkswagen's plant in Chattanooga, Tennessee. SKI will supply lithium-ion battery cells for an electric car that Volkswagen plans to start making in Chattanooga in 2022. LG Chem, Samsung and SKI on will also supply battery cells for Volkswagen in Europe. CATL is the automaker's strategic partner for China, and will supply batteries for its electric fleet from 2019. (Reporting by Edward Taylor; Editing by Christopher Cushing)

https://finance.yahoo.com/news/volkswagen-pushes-battery-partners-build-033623364.html

2019-04-15 03:36:23+00:00

Reuters

https://www.reuters.com/

Volkswagen pushes battery partners to build Gigafactories

SHANGHAI (Reuters) - Volkswagen is pushing its joint venture partners including SK Innovation (SKI) to build electric car battery plants which have at least one Gigawatt manufacturing capacity, Chief Executive Herbert Diess told Reuters. "Anything below that amount would make little sense," Diess said on the sidelines of the Shanghai Auto Show on Sunday. Volkswagen will buy 50 billion euros ($56.57 billion) worth of battery cells for electric cars and has identified South Korea's SKI, LG Chem and Samsung SDI as strategic battery cell suppliers as well as China's Contemporary Amperex Technology Co Ltd (CATL). The German automaker is retooling 16 factories to build electric vehicles and plans to start producing 33 different electric cars under the Skoda, Audi, VW and Seat brands by mid 2023. "We are considering an investment in a battery manufacturer in order to reinforce our electrification offensive and build up the necessary know-how," Volkswagen said. SKI is building a battery cell manufacturing plant in the United States to supply Volkswagen's plant in Chattanooga, Tennessee. SKI will supply lithium-ion battery cells for an electric car that Volkswagen plans to start making in Chattanooga in 2022. LG Chem, Samsung and SKI on will also supply battery cells for Volkswagen in Europe. CATL is the automaker's strategic partner for China, and will supply batteries for its electric fleet from 2019. (Reporting by Edward Taylor; Editing by Christopher Cushing)

https://finance.yahoo.com/news/easy-come-easy-e-land-033824198.html

2019-04-15 03:38:24+00:00

Simply Wall St.

https://simplywall.st/

Easy Come, Easy Go: How E-Land Apparel (NSE:ELAND) Shareholders Got Unlucky And Saw 78% Of Their Cash Evaporate

Over the last month the E-Land Apparel Limited ( NSE:ELAND ) has been much stronger than before, rebounding by 33%. But that is meagre solace in the face of the shocking decline over three years. The share price has sunk like a leaky ship, down 78% in that time. Arguably, the recent bounce is to be expected after such a bad drop. But the more important question is whether the underlying business can justify a higher price still. See our latest analysis for E-Land Apparel E-Land Apparel isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. Shareholders of unprofitable companies usually expect strong revenue growth. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit. Over the last three years, E-Land Apparel's revenue dropped 12% per year. That is not a good result. The share price fall of 39% (per year, over three years) is a stern reminder that money-losing companies are expected to grow revenue. This business clearly needs to grow revenues if it is to perform as investors hope. Don't let a share price decline ruin your calm. You make better decisions when you're calm. The chart below shows how revenue and earnings have changed with time, (if you click on the chart you can see the actual values). NSEI:ELAND Income Statement, April 15th 2019 Balance sheet strength is crucual. It might be well worthwhile taking a look at our free report on how its financial position has changed over time . A Different Perspective Investors in E-Land Apparel had a tough year, with a total loss of 40%, against a market gain of about 0.9%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 7.0% per year over five years. We realise that Buffett has said investors should 'buy when there is blood on the streets', but we caution that investors should first be sure they are buying a high quality businesses. You could get a better understanding of E-Land Apparel's growth by checking out this more detailed historical graph of earnings, revenue and cash flow. Story continues Of course E-Land Apparel may not be the best stock to buy . So you may wish to see this free collection of growth stocks. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on IN exchanges. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/concerned-investigator-resources-limiteds-asx-033946042.html

2019-04-15 03:39:46+00:00

Simply Wall St.

https://simplywall.st/

Should You Be Concerned About Investigator Resources Limited's (ASX:IVR) Historical Volatility?

If you're interested in Investigator Resources Limited ( ASX:IVR ), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. First, we have company specific volatility, which is the price gyrations of an individual stock. Holding at least 8 stocks can reduce this kind of risk across a portfolio. The other type, which cannot be diversified away, is the volatility of the entire market. Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. Some stocks see their prices move in concert with the market. Others tend towards stronger, gentler or unrelated price movements. Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). However, Warren Buffett said 'volatility is far from synonymous with risk' in his 2014 letter to investors. So, while useful, beta is not the only metric to consider. To use beta as an investor, you must first understand that the overall market has a beta of one. Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market. See our latest analysis for Investigator Resources What IVR's beta value tells investors Given that it has a beta of 1.17, we can surmise that the Investigator Resources share price has been fairly sensitive to market volatility (over the last 5 years). Based on this history, investors should be aware that Investigator Resources are likely to rise strongly in times of greed, but sell off in times of fear. Share price volatility is well worth considering, but most long term investors consider the history of revenue and earnings growth to be more important. Take a look at how Investigator Resources fares in that regard, below. Story continues ASX:IVR Income Statement, April 15th 2019 Does IVR's size influence the expected beta? Investigator Resources is a rather small company. It has a market capitalisation of AU$6.7m, which means it is probably under the radar of most investors. It takes less money to influence the share price of a very small company. This may explain the excess volatility implied by this beta value. What this means for you: Since Investigator Resources tends to moves up when the market is going up, and down when it's going down, potential investors may wish to reflect on the overall market, when considering the stock. In order to fully understand whether IVR is a good investment for you, we also need to consider important company-specific fundamentals such as Investigator Resources’s financial health and performance track record. I highly recommend you dive deeper by considering the following: Financial Health : Are IVR’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here . Past Track Record : Has IVR been consistently performing well irrespective of the ups and downs in the market? Go into more detail in the past performance analysis and take a look at the free visual representations of IVR's historicals for more clarity. Other High-Performing Stocks : Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here . We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

https://finance.yahoo.com/news/did-eclerx-servicess-nse-eclerx-034901259.html

2019-04-15 03:49:01+00:00

Simply Wall St.

https://simplywall.st/

Did eClerx Services's (NSE:ECLERX) Share Price Deserve to Gain 20%?

When you buy and hold a stock for the long term, you definitely want it to provide a positive return. But more than that, you probably want to see it rise more than the market average. Unfortunately for shareholders, while the eClerx Services Limited ( NSE:ECLERX ) share price is up 20% in the last five years, that's less than the market return. Unfortunately the share price is down 11% in the last year. Check out our latest analysis for eClerx Services To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. During five years of share price growth, eClerx Services achieved compound earnings per share (EPS) growth of 0.3% per year. This EPS growth is slower than the share price growth of 3.7% per year, over the same period. This suggests that market participants hold the company in higher regard, these days. And that's hardly shocking given the track record of growth. You can see below how EPS has changed over time (discover the exact values by clicking on the image). NSEI:ECLERX Past and Future Earnings, April 15th 2019 We consider it positive that insiders have made significant purchases in the last year. Having said that, most people consider earnings and revenue growth trends to be a more meaningful guide to the business. Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here. . What About Dividends? As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. In the case of eClerx Services, it has a TSR of 27% for the last 5 years. That exceeds its share price return that we previously mentioned. The dividends paid by the company have thusly boosted the total shareholder return. A Different Perspective Investors in eClerx Services had a tough year, with a total loss of 11% (including dividends), against a market gain of about 0.9%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Longer term investors wouldn't be so upset, since they would have made 4.9%, each year, over five years. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. If you want to research this stock further, the data on insider buying is an obvious place to start. You can click here to see who has been buying shares - and the price they paid. Story continues eClerx Services is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on IN exchanges. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading. View comments

https://finance.yahoo.com/news/singapore-apos-fake-news-bill-021352175.html

2019-04-15 03:49:01+00:00

Bloomberg

https://www.bloomberg.com/

Singapore’s Fake News Bill Set to Become Law in Second Half of Year

(Bloomberg) -- Singapore’s fake news laws will likely come into effect in the second half of this year, as the country joins the ranks of nations trying to curb the spread of online falsehoods. The aim of the proposed laws isn’t to suppress information, but rather to equip Singaporeans with facts so they can engage in public discourse, Minister for Communications and Information S. Iswaran told Bloomberg Television on Monday. Singapore sought feedback from technology and media companies during the drafting of the bill, he said. “This bill and what we are intending here does not in any way impinge on criticism, opinion, satire or parody,” he said in an interview. The Southeast Asian country announced plans this month to introduce tough new laws to hold online outlets accountable for the spread of fake news, putting pressure on companies like Facebook Inc. to address the issue. The social media giant and its peers have come under pressure globally over the way they handle user privacy, rein in fake news and monitor offensive or violent content. After the bill was announced, Facebook, Google and an industry group representing internet and technology giants expressed worries over the Singapore proposal, with the latter calling it the “most far-reaching legislation of its kind to date.” Their concerns include aspects of the law that granted broad powers to the government to compel the firms to remove content it regarded as false, a lack of public consultation during the drafting process of the bill, as well as risks to freedom of expression and speech. Iswaran said Singapore’s engagement with technology companies encompasses a broad range. “It’s also about Singapore’s role as a business hub, Singapore’s involvement in various kinds of R&D and artificial intelligence et cetera,” he said. “On this matter, I think we have an alignment in the sense that all of us are seeking to ensure that online discourse is informed by the facts. I think we are approaching it in different ways and I think there’s a way forward where we can work together.” Story continues The new Singapore measures require online sites to show corrections to false or misleading claims and take down falsehoods in serious cases, according to a bill put forward in Parliament by the government. Account restriction directions can be issued to a platform to disable a fake account or bot that spreads a falsehood undermining the public interest, the government said in parliament. These directions can be appealed in a court. (Updates with concerns from tech companies in fifth paragraph.) To contact the reporters on this story: Melissa Cheok in Singapore at [email protected];Juliette Saly in Singapore at [email protected] To contact the editors responsible for this story: Niluksi Koswanage at [email protected], Edwin Chan, Joyce Koh For more articles like this, please visit us at bloomberg.com ©2019 Bloomberg L.P.

https://finance.yahoo.com/news/regis-healthcare-limited-asx-reg-035425121.html

2019-04-15 03:54:25+00:00

Simply Wall St.

https://simplywall.st/

Regis Healthcare Limited (ASX:REG): Poised For Long Term Success?

Based on Regis Healthcare Limited's ( ASX:REG ) earnings update in December 2018, analysts seem cautiously bearish, with profits predicted to rise by -0.4% next year relative to the higher past 5-year average growth rate of 21%. Currently with trailing-twelve-month earnings of AU$54m, we can expect this to reach AU$54m by 2020. Below is a brief commentary on the longer term outlook the market has for Regis Healthcare. Readers that are interested in understanding the company beyond these figures should research its fundamentals here . See our latest analysis for Regis Healthcare How is Regis Healthcare going to perform in the near future? The view from 6 analysts over the next three years is one of positive sentiment. Since forecasting becomes more difficult further into the future, broker analysts generally project out to around three years. To reduce the year-on-year volatility of analyst earnings forecast, I've inserted a line of best fit through the expected earnings figures to determine the annual growth rate from the slope of the line. ASX:REG Past and Future Earnings, April 15th 2019 From the current net income level of AU$54m and the final forecast of AU$66m by 2022, the annual rate of growth for REG’s earnings is 8.8%. This leads to an EPS of A$0.21 in the final year of projections relative to the current EPS of A$0.18. Margins are currently sitting at 9.1%, approximately the same as previous years. With analysts forecasting revenue growth of 0.23511 and REG's net income growth expected to roughly track that, this company may add value for shareholders over time. Next Steps: Future outlook is only one aspect when you're building an investment case for a stock. For Regis Healthcare, there are three key aspects you should further research: Financial Health : Does it have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk. Valuation : What is Regis Healthcare worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether Regis Healthcare is currently mispriced by the market. Other High-Growth Alternatives : Are there other high-growth stocks you could be holding instead of Regis Healthcare? Explore our interactive list of stocks with large growth potential to get an idea of what else is out there you may be missing! We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at [email protected] . This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.