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Long-term stock selection, how to prevent lightning strikes?
In the past two days, another medical white horse stock burst, and Furen Pharmaceutical has opened a limit mode.
Until July 22, Furen Pharmaceutical's investors did not receive the company's previously promised 62.715 million cash dividends. According to the original plan, cash dividends should have been paid on this day.
The company failed to pay dividends as scheduled, and the company explained that it was due to "funding arrangements." But this statement is not only accepted by investors, but also by regulators.
Furen Pharmaceutical had RMB 1.816 billion in monetary funds as of the end of March. However, the evening announcement on July 24 showed that as of July 19, its book currency funds were only 127 million yuan-nearly 1.7 billion yuan of huge funds disappeared out of thin air.
Although the reasons for the disappearance of Furen Pharmaceutical's monetary funds are unknown at this time, listed companies' billions or even tens of billions of cash disappears, which is nothing new in the A-share market. Prior to Furen Pharmaceutical, there was a precedent: in January 2019, * ST Kangde, with a book value of 15 billion yuan in cash, was unable to pay 1.5 billion yuan of bonds due. At the end of April, ST Kangmei wiped out nearly 30 billion yuan of funds.
Huge amounts of funds of listed companies frequently disappear, often behind the consequences of illegal shareholders' illegal occupation. As early as November 2006, the CSRC issued a special document requesting the liquidation of listed companies' funds by major shareholders. After a lapse of more than ten years, the situation of illegal shareholders' occupation by major shareholders has not disappeared, but has made a comeback again, and the amount has become huge.
Compared with the past, the means by which the major shareholders and actual controllers occupy the funds of listed companies is also a retrofit. In addition to traditional direct occupancy, connected transactions, and illegal guarantees, high-premium outbound investment mergers and acquisitions, carefully designed scams and excessive dividends through wealth management investments have become variants of the use of listed company funds, and direct occupancy and illegal guarantees. There are also new moves.
Combining multiple previous cases, it has been found that there are six main ways for the company's major shareholders to occupy funds to empty listed companies:
I. Direct occupation
The sudden performance of Furen Pharmaceuticals shocked the regulators. The SSE subsequently issued an inquiry letter asking Furen Pharmaceuticals to explain the reasons for the failure to transfer the cash dividends on schedule, the process of processing, and whether there are liquidity difficulties in the balance of funds, and verify whether the controlling shareholders and actual controllers have occupied funds. , Illegal guarantees, etc.
Furen Pharmaceutical Co., Ltd. responded in the evening on July 24 that, as of July 19, 2019, the total cash owned by the company and its subsidiaries was only 122.24 million yuan, of which the restricted amount was 132.36 million yuan and the unrestricted amount was 3.787 million yuan. The original plan was to pay dividends from dividends obtained from subsidiaries, but due to the pressure of funds, in order to ensure daily operations, capital arrangements were not in place in a timely manner.
Another huge amount of money is missing.
The consolidated financial report shows that as of the end of March 2019, Furen Pharmaceutical has a book currency of 1.816 billion yuan and an undistributed profit of 2.998 billion yuan. But as to why nearly 1.7 billion yuan of funds suddenly disappeared, the company said it needed to verify further.
Furen Pharmaceutical's huge capital is yet to be further explained by the company. In terms of the amount involved, the supervision of ST Kangmei and * ST Kangde, which have previously announced clear conclusions, is the actual controller and major shareholders occupying the funds of the listed company. For a typical case.
On April 29, ST Kangmei, which has been questioned for a long time, suddenly adjusted the "accounting errors" and reduced the balance of monetary funds at the end of 2017 from 34.15 billion yuan to 4.201 billion yuan. Nearly 30 billion yuan of funds were "erased" out of thin air. The investigation results notified by the Securities and Futures Commission on May 17 showed that of these disappeared funds, nearly 8.9 billion yuan went to related parties in the form of other advance payments, and the funds were used to buy and sell ST Kangmei stock.
As the major shareholder of * ST Kangde, Kangde Group will use the form of unified management of bank accounts of its affiliated companies, and from 2014 to 2018, the amount will be 6.523 billion yuan, 5.837 billion yuan, 7.672 billion yuan, 17.15 billion yuan, 159.31 Funds of the listed company system of 100 million yuan were collected into the group account.
As Baima stocks with a market value of 100 billion yuan, the major shareholders of ST Kangmei and * ST Kangde have received much more attention than the listed companies.
In addition to prepayments and collection of funds, other cases of major shareholders occupying listed company funds through other means are common.
The * ST guarantees exposed at the end of 2017 involved as much as 7.3 billion yuan in occupation and transfer, and a considerable part of the funds was the occupation of the funds led by the actual controller.
Zhuang Min, the actual controller of the company at that time, transferred funds of the listed company by means of accounts receivable, prepayment, etc. By the end of 2017, the company's account receivable balance reached 2.627 billion yuan, accounting for 55.2% of the 2016 net assets, and Most of the accounts receivables involve many customers. The business ability and repayment ability are in doubt. There is uncertainty about whether the subsequent accounts receivable can be recovered. Prepayments and other receivables are 1.509 billion yuan, accounting for 2016. With 34.49% of net assets, the risk of non-recovery is large, and the company made provision for bad debt impairment of RMB 3.479 billion.
In order to conceal the fact that major shareholders occupy, some major shareholders of listed companies also use third-party transfers to disguise the direct related capital occupation as non-associated occupation.
According to Tianxiang Environmental Disclosure, from January 1 to July 17, 2018, the company transferred a total of 2.164 billion yuan to Chengdu Zhengqi Machinery Equipment Manufacturing Co., Ltd. (hereinafter referred to as "Chengdu Zhengqi"), and Chengdu Zhengqi subsequently transferred the funds The entity controlled or designated by Deng Qinhua, the actual controller of the company. During the same period, the company also transferred 31 million yuan to another enterprise, and the funds were also transferred to Chengdu Zhengqi, which eventually flowed into the main body controlled by Deng Qinhua.
* ST Shengda is in the form of signing a loan contract with natural persons. After three natural persons obtain loans, the funds are immediately transferred to the account of the company's controlling shareholder Shengda Group.
In addition, there are some controlling shareholders of listed companies who borrow in the name of listed companies and eventually occupy them. ST Shin Kong (002147.SZ) disclosed on June 28 that its controlling shareholder did not fulfill the corresponding internal approval decision-making procedures, borrowed and was occupied by the company in the name of the company, amounting to 1.454 billion.
Second, new rules for illegal guarantees
At the same time of direct occupation, many major shareholders of listed companies provide guarantees in the name of listed companies without the disclosure of the listed company's decision-making or fulfillment of the decision, often amounting to several billion yuan.
* ST Conder is just that. In addition to the occupancy formed in the name of capital collection, the company also has a situation of illegal guarantees. The notice of supervision and punishment shows that from January 2016 to September 2018, * ST Kangde subsidiary Zhangjiagang Kangde New Optoelectronic Materials Co., Ltd. signed a contract with Xiamen International Bank and AVIC Trust to fund a large amount of special funds for optoelectronic materials Deposit certificate, guarantee for Kangde Group.
There is also ST Shin Kong. The company disclosed on June 17 that as of the end of December 2018, the guarantees that had not been prosecuted were overdue, and the total amount reached 3.61 billion yuan. As of June 28, the amount of illegal guarantees still reached 3.057 billion yuan.
* ST Gangtai's violation guarantee amount is even greater. The announcement in May and September showed that from November 2016 to June 2018, in the case of failure to perform the corresponding decision and letter, the company provided loan guarantees for the actual controller, controlling shareholder and parties acting in concert, etc. Amounted to 4.277 billion yuan.
From the perspective of post-disclosure, a considerable number of illegal guarantees were led by major shareholders and were not reported afterwards. ST Shin Kong stated in the announcement that its controlling shareholder and its affiliates had stamped the company's official seal on the letter of guarantee, guarantee contract, etc. without performing the approval decision-making procedures, which caused the company to violate the guarantee.
Shenwu Environmental Protection also disclosed on May 23 that from 2015, July 2017 to January 2018, the company was the controlling shareholder Shenwu Technology Group and Its subsidiaries provided guarantees for loans, with a cumulative amount of about 1 billion yuan.
In the form of illegal guarantees, in addition to the traditional joint and several liability guarantee, new financial instruments and actual assets have become tools for some illegal acts. For example, * ST Kangde, its subsidiary provides guarantee for the Kangde Group, which is to use a large amount of account deposit certificates as a tool to perform the guarantee.
In addition, Shengda Group loaned RMB 500 million in Xiamen International Bank in July 2017, and was secured by a regular deposit certificate pledged by * ST Shengda subsidiary Guizhou Zhonghongda Energy Co., Ltd. In May 2018, Shengda Group defaulted, and the 500 million yuan deposit certificate pledged by Guizhou Zhonghong was used for repayment.
Concealment of related party transactions
Compared with direct illegal and illegal occupation, some listed company's major shareholders occupy the listed company's funds even more covertly through daily transactions and mergers and acquisitions. De-associating related transactions has become a new means for major shareholders and actual controllers of listed companies to occupy funds.
The July 23 announcement showed that due to failure to make payment according to the time specified in the court's execution notice, * ST Suoling, its subsidiary Guangdong Suoling Electronic Technology Co., Ltd. (hereinafter referred to as "Guangdong Suoling"), and the actual controller Xiao Xingye were also Shenzhen The Intermediate People's Court was included in the list of people who had breached trust and was issued a consumption restriction order.
So far, the company has involved at least four factoring financing disputes. In March 2019, Moshan was awarded RMB 500 million in factoring financing to Shanghai Moshan Commercial Factoring Co., Ltd. (hereinafter referred to as "Moshan Factoring") and its affiliated company Horgos Commercial Factoring. Factoring applied for compulsory enforcement, and this time was included in the list of untrustworthy people, the direct reason is this commercial factoring. Since June, three commercial factoring companies have sued for * ST Suoling and Guangdong Suoling. According to the disclosure, in the above lawsuit, the factoring financing amounts involved were 15.73 million yuan, 40 million yuan, and 45 million yuan.
The auditor stated in the audit opinion of * ST Suoling's 2018 annual report that as of the end of December 2018, * ST Suoling, its subsidiaries Jiujiang Miaoshiku Industrial Co., Ltd., and Guangdong Suoling passed factoring financing, and then in the name of Soling , To Xiangshan Guzhen Ruike Plastic Hardware Electrical Appliance Factory (hereinafter referred to as "Guzhen Ruike"), Zhongshan Chuanghuida Electronics Co., Ltd. (hereinafter referred to as "Chuanghuida Electronics"), Shenzhen Longrui Plastic Electronics Co., Ltd. ( (Hereinafter referred to as "Longrui Plastic"), Jianghai Chuanghuida Electronic Appliance Factory and other companies, paying in the form of prepayment, other receivables, etc., with a total amount of 1.076 billion yuan. These capital transactions should be traced back to 2017.
China Business News reported in April 2019 that among the above four companies, the minimum registered capital was only RMB 80,000, and the largest was only RMB 1 million. * ST Soling announced in December 2018 that it did not find any relationship between the above three suppliers, their shareholders and senior management and the company.
However, the company's second largest shareholder found that Long Rui Plastic, Guzhen Ruike, and Chuanghuida Electronics were also related to Xiao Xing. Among them, Deng Zhuan, the younger brother of Xiao Xingyi and the spouse of Xiao Xingjie, a shareholder of Soling shares, and Gu Hua, an investor in Ruike, Guzhen, are all investors in a limited partnership. Deng Zhuan is also a shareholder of Chuanghuida Electronics; The contact phone number and email address of Long Rui Plastic's 2016 and 2017 annual reports are the same as the one-man company Shenzhen Xiaoling Technology Co., Ltd., also named by Xiao Xing.
After querying Qixinbao, it was found that in addition to Chuanghuida Electronics, the contact information and shareholder information in the industrial and commercial information of Ruike, Longrui Plastic, and Jiujiang Xingyuan in Zhonggu Town were in accordance with those described by Zhongshan Lexing, but Chuanghuida Electronics Among shareholders, Deng did not transfer.
* The same is true for ST Pegasus. According to the announcement on April 4, in 2017 and 2018, the actual controller and related parties of the company occupied the company's funds with suspicious commercial transactions, resulting in the company's actual loss of 2.379 billion yuan. In addition to the potential loss estimates, the formation of controlling shareholders and shareholders The actual controller's credit amount was 804 million yuan, with a total amount of 3.18 billion yuan.
* The announcement released by ST Tianma on March 13 shows that on December 26 and 29, 2017, it signed 13 contracts with Shenzhen Oriental Boyu Trading Co., Ltd. (hereinafter referred to as "Orient Boyu") to Dongfang Boyu Purchase of steel, machinery and equipment. Within three days after the contract was signed, * ST Tianma prepaid the entire 666 million yuan purchase.
In February 2018, * ST Tianma signed a supplementary agreement with Oriental Boyu on 11 of these contracts, stipulating that 566.6 million yuan of the purchase price should be delivered by September 30, 2018. On September 5th of that year, * ST Tianma requested Dongfang Boyu to cancel the contract and refund 660 million yuan of funds. But as of the disclosure date, Oriental Boyu neither delivered nor refunded.
* ST Tianma's post-mortem investigation concluded that Oriental Boyu and its controlling shareholder Kashi Xinghe Venture Capital Co., Ltd. (hereinafter referred to as "Kash Xinghe") and the actual controller Xu Maodong did not have an associated relationship and could not determine whether they acted in concert. However, Kashi Xinghe confirmed that the above funds had flowed into Kashi Xinghe and other commercial entities controlled by Xu Maodong, and Oriental Boyu had a special interest relationship with Kashi Xinghe and Xu Maodong.
In addition to daily transactions, related party acquisitions are also a major means for large shareholders to occupy listed companies. On March 13, 2019, * ST Tianma cancelled five transactions in one go, four of which were related to related transactions.
According to the disclosure, from August to December 2017, * ST Tianma's subsidiary Hangzhou Tianma Xinghe Investment Partnership (Limited Partnership) (hereinafter referred to as "Tianma Xinghe"), its subsidiary Kashi Yaozhuo Venture Capital Co., Ltd. (hereinafter referred to as "Kashi "Yao Zhuo"), Beijing Xinghe Intelligent Technology Co., Ltd. (hereinafter referred to as "Xinghe Intelligent"), with 350 million yuan, 100 million yuan, 150 million yuan, and 750 million yuan respectively, in the form of acquisition, capital increase, and establishment, etc. Let and increase capital to Hangzhou Top Rice Technology Co., Ltd. (hereinafter referred to as "Hangzhou Top Rice"), Beijing Tianruixiaguang Technology Development Co., Ltd. (hereinafter referred to as "Tianruixiaguang"), Beijing Xueyun Investment Management Co., Ltd. (hereinafter referred to as "Beijing "Xueyun") 45.4545%, 3.23%, 45% equity, and about 49% of the equity investment of an equity investment management partnership.
After the investigation, it was found that the funds of the above equity investment partnership were 733 million yuan for acquiring 100% equity of Beijing Xinghe Space Technology Group Co., Ltd. (hereinafter referred to as "Xinghe Space") and 10 million yuan for acquiring Gewu Zhicheng (Beijing) Information Technology Co., Ltd. (hereinafter referred to as "Gewu Zhicheng") 16.37% equity. The counterparties that acquired the two companies are related parties of Xu Maodong, the actual controller.
The audit agency also found that Tianruixiaguang 's e-mail suffix was consistent with a Beijing-registered company controlled by Xu Maodong, and no reasonable explanation was found that Tianruixia and Xu Maodong did not have an associated relationship. * ST Tianma therefore determined that Tianrui Xiaguang and one of its shareholders, Li Shenguo, used the related party's funds for the company's major shareholders.
In the announcement on March 13, the board of directors of * ST Tianma believed that when acquiring Hangzhou Topmi and Beijing Xueyun, whether the transaction counterparty and the two companies themselves had an associated relationship with the company's controlling shareholder and Xu Maodong, although it was impossible to judge, It should be recognized that there is a special interest relationship between the counterparty and Xu Maodong.
4. Blood draw for mergers and acquisitions
In recent years, with the rise of outbound M & A and investment, outbound investment and M & A have also become new means for major shareholders of listed companies to occupy and embezzle funds. This has been the case for * ST Bao Qian, * ST Kaidi, and Zhuhai Zhongfu, which have been suspended from listing.
In August 2012, the board of directors of Zhuhai Zhongfu decided to acquire the minority shareholders' equity of 46 holding subsidiaries of the listed company held by Beverage Packaging Investment Limited (hereinafter referred to as "BPI") and 2 indirectly held grand companies for 885 million yuan. .
At the time, the counterparty BPI was also controlled by CVC Capital Partners Asia II Limited (hereinafter referred to as "CVC"). Prior to the acquisition, the above target companies had been controlled by Zhuhai Zhongfu, and 19 of them were in a loss state. After adjustment, Zhuhai Zhongfu still acquired these target assets for 590 million yuan.
After the completion of the acquisition, Zhuhai Zhongfu's performance not only failed to reverse the trend, but also suffered losses for years. On May 28, 2015, Zhuhai Zhongfu's bond "12 Zhongfu 01" only paid the interest of the current bond of 31.152 million yuan in full, and failed to pay the principal in full, constituting a substantial default.
Prior to the acquisition, Zhuhai Zhongfu's capital was OK. Data show that as of the end of September 2012, the company's book currency balance was 1.149 billion yuan. By the end of March 2015, only 494 million yuan remained in its book currency. One year ago, after completing the asset sale and cashing out, CVC transferred its shares and left the market.
If it is said that the acquisition of Zhuhai Zhongfu is also of a connected transaction nature, then the multi-billion-dollar fund occupation and transfer in the name of foreign investment, led by * ST Baoqian actual controller Zhuang Min, is more typical. .
On September 4, 2017, without warning, HSBC Shenzhen Branch suddenly froze * ST Baoqian's fixed increase of 72.728 million yuan in capital. Then Ping An Bank Shenzhen Branch quickly followed up and frozen some * ST Baosteel. Thousands of funds and real estate. On December 2, 2017, * ST Baoqian defaulted on the principal and interest of 72 million yuan of bonds due to cash flow shortage.
* ST Baoqian later announced that Zhuang Min, the actual controller and the former chairman, was suspected of infringing the interests of listed companies on the grounds of illegal guarantees, large receivables transactions, large prepayments transactions, and purchases of assets by foreign investment This will cause significant losses to the company.
In March 2015, after the backdoor * ST Zhongda went public, under the leadership of Zhuang Min, * ST Baoqian began a large-scale ecological layout, and through a large number of external investments and acquisitions, transformed into VR, robotics, and artificial intelligence. According to media reports, the company once formed a strategic partnership with LeTV.
According to the 2016 annual report data, as of the end of 2016, the balance of * ST Baoqian's foreign equity investment reached 2.2 billion yuan, an increase of nearly 2 billion yuan over the previous year. In the first half of 2017, its external equity investment also reached 1.99 billion yuan, with a total amount of nearly 4.2 billion yuan.
According to the disciplinary decision issued by the Shanghai Stock Exchange in December 2018, Zhuang Min led the company to invest in Shenzhen Loutongbao Industrial Co., Ltd. and Shenzhen Anweike Electronics Co., Ltd. from 2016 to 2017, with a total investment of approximately 3.275 billion. RMB, accounting for 74.86% of the company's audited net assets in 2016. Except for two of the companies, as of April 28, 2018, the operations of other companies were in a state of halt, which resulted in * ST Baoqian accruing long-term equity investment impairment provisions of approximately 2.986 billion yuan, and accruing goodwill impairment 793 million yuan.
V. New variants of financial investment
In recent years, various types of asset management products that have become popular have also become new variants of listed companies' "empty" listed companies, and similar examples have emerged endlessly.
The Hubei Securities Regulatory Commission's decision on administrative supervision measures issued on June 14th shows that since December 2017, China Pearl Medical Care has issued to China Pearl Group and its subsidiaries through the purchase of trust products, provision of financial leases, payment of deposits, and issuance of commercial acceptance bills. Stakeholder funding.
The announcement disclosed on June 20 shows that in April 2018, in the name of trust financing, Zhongzhu Medical issued two 300 million yuan loans to subsidiaries controlled by Zhongzhu Group; Hengqin Zhongzhu Finance, a subsidiary of Zhongzhu Medical The leasing company signed a financial lease contract with a hospital, but the latter defaulted. It was determined afterwards that the hospital involved was actually controlled by the two shareholders of Zhongzhu Medical. In addition, Zhongzhu Leasing also loaned 310 million yuan to non-affiliated companies in 2018, and the funds finally flowed into the controlling shareholder Zhongzhu Group.
Compared with Zhongzhu Medical, the actual controller of Zangge Holdings is more hidden. According to the disclosure, in December 2018, without the approval of the board of directors and the shareholders' general meeting, Shanghai Zangxiang Trading Co., Ltd. (hereinafter referred to as "Shanghai Zangxiang"), a wholly-owned sun company of Zangge Holdings, utilized the customer 's Shenzhen Aeon Sihai Trading Co., Ltd. (hereinafter referred to as "AEON Four Seas"), Shenzhen Zhenshitong Technology Co., Ltd. (hereinafter referred to as "Zhenshitongke"), and supplier Shenzhen Xingye Fidelity Supply Chain Management Co., Ltd. (hereinafter "Xingye Fidelity") ") And other recoverable receivables and returned advance payments, totaling 1.8 billion yuan, were used to purchase the right to the asset management products. The underlying assets of the asset management product came from the above-mentioned parts and suppliers of Shanghai Zangxiang, and the funds eventually flowed into the hands of the majority shareholder of Zangge Holdings.
* ST Huaye, which invested heavily in receivables and was eventually deceived, not only lacked transparency in its business process, but also involved a more alarming scale of funds.
* ST Huaye disclosed in September 2018 that its investment of RMB 880 million in accounts receivable had overdue claims. Subsequent investigation revealed that the overdue receivables' claims were fictitious and the seals and bills were forged by Chongqing Hengyun Pharmaceutical Co., Ltd. (hereinafter referred to as "Hengyun Pharmaceutical"). At that time, its stock of accounts receivable investment amounted to 10.189 billion yuan, all of which were acquired from Hengyun Pharmaceutical.
Although Hengyun Pharmaceutical is not controlled by the * ST Huaye major shareholder, it is an enterprise under the name of its second largest shareholder, Li Shilin. In early 2015, * ST Huaye acquired Chongqing Jieer Medical Equipment Co., Ltd. controlled by Li Shilin for a cash consideration of 2.15 billion yuan. In addition to the subsequent transfer of some shares, Li Shilin and his affiliates held up to 15.33% of the shares of * ST Huaye.
Today, * ST Huaye is on the verge of delisting. As of the close of July 24, * ST Huaye closed at 0.98 yuan, again falling below the face value, and since June 6, * ST Huaye has fallen below the face value three times. As of the end of March, the company was insolvent and its net assets were -126 million yuan.
Six, excessive dividends lead to blood loss
In addition to illegal occupation, guarantees, acquisitions, financial investment, etc., cash dividends, as a way of returning investors, have also become a means for large shareholders to draw blood and empty out listed companies.
In the early years, Hainan Haiyao suffered a loss in performance due to excessive dividends. In 2007, the company had granted 20 million shares of stock options to employees including eight executives and some technical backbones. Among them, 8 executives obtained 8.85 million shares of the company.
In March 2018, Hainan Haiyao announced that due to the implementation of equity incentives, according to the then accounting standards and preliminary calculations by the financial department, the cost of equity instruments should be recognized in the current period of approximately 72.2 million yuan, resulting in a net profit in the 2007 annual report. 50 million yuan loss, specific data will be disclosed in the 2007 annual report. The 2007 annual report formally disclosed showed a loss of 33.9 million yuan. If there is no excessive dividend, the company will not lose money in that year.
* ST Yinyi, which is deeply affected by the funds and debts of major shareholders, is the latest example.
* ST Yinyi disclosed on July 11 that due to the difficulty in capital turnover, its corporate bond "16 Yinyi 05" failed to be paid on schedule, involving about 400 million yuan in principal and 28.18 million yuan in interest. Prior to June 21, the company's "16 silver billion 05" and "15 silver billion 01" have successively defaulted, involving a principal of 522 million yuan and 299 million yuan.
But just in April 2018, * ST Yinyi claimed to return to investors in the name of "high-end manufacturing + real estate" dual-main industry industry characteristics, and the company's current and subsequent profitability and profitability level, and proposed 4.027 billion shares The total share capital is based on a cash dividend of RMB 7 for every 10 shares and a total cash dividend of RMB 2.919 billion.
However, * ST Yinyi was not optimistic at the time. In 2017, the company achieved a net profit of 1.601 billion yuan, but only 580 million yuan after deductions. The above-mentioned dividend amount is equivalent to about 1.66 times the net profit for the year and nearly 4.9 times the non-net profit. In 2015 and 2016, the company's net profit was only 682 million yuan and 527 million yuan. A dividend pays off all the profits of the past year.
At the same time, * ST Yinyi's capital is not generous. As of the end of 2017, its monetary fund balance was 4.138 billion yuan, short-term loans alone reached 2.762 billion yuan, and long-term loans due within one year were 2.744 billion yuan. The first quarterly report for 2018 shows that as of the end of March 2018, the company's monetary fund balance was 3.877 billion yuan, and short-term borrowings were 2.36 billion yuan. There was obvious pressure on debt service.
Most of the large cash dividends went into the pockets of major shareholders. In 2017, the actual controller of * ST Yinyi increased its shareholding ratio from 66.13% in 2016 to 77.85% at the end of 2017. More than 2.1 billion yuan of cash dividends flowed into the hands of major shareholders.
Prior to this, the funding of * ST Yinyi's major shareholders was very tight. The announcement shows that from January 23 to the end of April 2018, major shareholders and their concerted parties carried out more than ten equity pledges and re-pledges after disbursement.
Before major shareholders increased their shareholding, * ST Yinyi cash dividends were not much. Among them, the 2016 dividend was 0.21 yuan per 10 shares, and the total amount of dividends was only 64.22 million yuan. In 2015, except for 20 shares for every 10 shares in the middle of the year, no cash dividends were made throughout the year.


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AMD HD 6950 1GB vs. NVIDIA GTX 560 Ti Overclocking
by Rob Williams on February 2, 2011 in Graphics & Displays
AMD and NVIDIA released $250 GPUs last week, and both proved to deliver a major punch for modest cash. After testing, we found AMD to have a slight edge in overall performance, so to see if things change when OCing is brought into the picture, we pushed both cards hard, and then pit the results against our usual suite.
Page 7 – StarCraft II
Of all the games we test, it might be this one that needs no introduction. Back in 1998, Blizzard unleashed what was soon to be one of the most successful RTS titles on the planet, and even as of today, the original is still heavily played all around the world – even in actual competitions. StarCraft II of course had a lot of hype to live up to, and it did, thanks to its intense gameplay and superb graphics.
Manual Run-through: The portion of the game we use for testing is part of the Zero Hour mission, which has us holding fort until we're able to evacuate. Our saved game starts us in the middle of the mission, and from the get-go, we build a couple of buildings and concurrently move our main units up and around the map. Total playtime lasts about two minutes.
Both cards are quite divided here, but both still deliver superb performance.
2. Test System & Methodology
3. Colin McRae: Dirt 2
4. Just Cause 2
5. Mafia II
6. Metro 2033
7. StarCraft II
8. Futuremark 3DMark 11
9. Unigine Heaven 2.1
10. Power & Temperatures
11. Final Thoughts
Forward >>
Support our efforts! With ad revenue at an all-time low for written websites, we're relying more than ever on reader support to help us continue putting so much effort into this type of content. You can support us by becoming a Patron, or by using our Amazon shopping affiliate links listed through our articles. Thanks for your support!
Rob founded Techgage in 2005 to be an 'Advocate of the consumer', focusing on fair reviews and keeping people apprised of news in the tech world. Catering to both enthusiasts and businesses alike; from desktop gaming to professional workstations, and all the supporting software.

redpajama_set_name: RedPajamaCommonCrawl


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Ok, it's complicated, we get it. However, this is something the Obama administration had to get right. It didn't and so far the excuses are lame.
Well aware of the criticism and skepticism confronting the Affordable Care Act, and knowing how important first impressions would be in building public confidence, the administration had every incentive and plenty of time - the law passed in 2010 - to make sure its online health insurance marketplace was ready to roll.
Clearly, it was not. Millions of Americans found their efforts to fill out applications online at healthcare.gov frustrated by software problems that left them with frozen screens or circulating through endless loops. That is not the sunny scenario President Obama described when Congress was debating the law.
"This exchange will allow you to one-stop shop for a health care plan, compare benefits and prices, and choose a plan that's best for you and your family," he said then.
States may have avoided this mess by starting up their own exchanges, as Connecticut did at ccesshealth.org, but the vast majority left it to federal authorities. Most state exchanges are running relatively smoothly.
At a White House Rose Garden appearance Monday the president called the problems with the program "unacceptable" and declared it is going to get fixed.
"Nobody's madder than me about the website not working as well as it should," said the president. Frustrated consumers may challenge that contention.
The president and his spokespeople continue to avoid specifics about what is going wrong, calling the failures "glitches" and blaming heavy volume, as if that should have been a surprise.
The New York Times, talking with contractors and federal officials with insider information, reported that the problems might well be pervasive. According to the Times' unnamed sources, the difficulty in creating accounts may prove the easiest to solve and more serious problems await as consumers try to sign up for policies.
Sen. Marco Rubio, R-Fla., appearing on a weekend news program, said, "In the 21st century, setting up a Web site where people can go on and buy something is not that complicated."
Well, in fact, the health care exchanges are extremely complicated. One specialist told the Times the software coding is five times that found to run a large bank's computer system. But that's no excuse.
The administration must be fully transparent about the problems and the progress in solving them. That can began by having Kathleen Sebelius, secretary of Health and Human Services, testify before a congressional committee as requested.


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La rhubarbe noble ou rhubarbe du Sikkim (Rheum nobile) est une espèce de plantes herbacées géantes de la famille des  Polygonaceae. Elle est originaire de l'Himalaya, on la trouve dans le nord-est de l'Afghanistan, au nord du Pakistan et de l'Inde, au Népal, au Sikkim (en Inde), au Bhoutan, au Tibet et au Myanmar, localisée dans l'étage alpin entre  et  d'altitude.

C'est une espèce extraordinaire de rhubarbe (genre Rheum). De ses  de hauteur, Rheum nobile culmine au-dessus des buissons et des herbes courtes de son habitat et est visible à plus d'un kilomètre.

On l'appelle souvent en anglais glasshouse plant (« plante-serre ») à cause de sa rangée externe de bractées translucides qui laisse passer la lumière visible, créant un effet de serre mais arrêtant les rayons ultraviolets. Ceci constitue une importante défense contre l'augmentation de l'exposition aux UV-B et le froid extrême dus à l'altitude élevée de sa distribution.

Structure
Un pied de Rheum nobile est une hampe florale de délicates bractées de couleur paille, brillantes et translucides, se chevauchant les unes les autres ; les plus hautes sont bordées de rose. Les larges feuilles vertes et tomenteuses, aux pétioles et aux nervures rouges, forment une base importante de la plante. Les bractées, une fois retournées, révèlent de fragiles stipules roses membraneuses sur lesquelles se trouvent de courtes panicules de petites fleurs vertes.

La racine est longue de 1 à , grosse comme un bras, jaune en dedans. Les tiges sont agréablement acides, et elles sont consommées par la population locale, qui appelle la plante Chuka. La cavité de la tige contient beaucoup d'eau fraiche. Après la floraison, la tige grandit et les bractées se séparent les unes des autres, se colorant d'un rouge brun vif. Comme le fruit mûrit, les bractées tombent, laissant une tige loqueteuse avec des panicules de fruits bruns pendants. Hooker la décrit ainsi : « En hiver, les sombres tiges nues, dominant les falaises surplombantes, ou bien se dressant au-dessus de la neige, sont dans une lugubre continuité avec la désolation de cette saison. »

Bractées
Les bractées de Rheum nobile mesurent de 110 à 170 µm d'épaisseur et ne présentent pas de différences entre couche palissadique et couche spongieuse. Elles arrêtent sélectivement les rayons ultra-violets alors qu'elles laissent passer toute la lumière visible ; les fleurs qui se développent et le méristème apical sont protégés du rayonnement intense qu'on trouve en haute altitude. Les UV-bloquants majeurs qu'on trouve dans les bractées sont tous des hétérosides de flavonoïdes, et la plupart d'entre eux des hétérosides de la quercétine :
 rutoside (rutine), quercétine 3-O-rutinoside : très répandue dans les plantes de haute altitude et auparavant dans les feuilles et les pétioles d'autres espèces de rhubarbes ;
 , quercétine 3-O-arabinoside : d'abord signalée dans le genre Rheum ;
 hypérine, quercétine 3-O-galactoside : très répandue dans les plantes et auparavant identifiée dans les feuilles et les pétioles de Rheum rhaponticum ;
 , quercétine 3-O-glucoside : très répandue dans les plantes et précédemment signalée dans les feuilles et les pétioles de Rheum rhaponticum ;
 quercétine 3-O-[6″-(3-hydroxy-3-méthylglutaroyl)-glucoside].

Des UV-bloquants mineurs comprennent le quercétine 7-O-glycoside, la quercétine elle-même, le kaempférol glycoside, et des esters de l'acide férulique.

Histoire
Une description de Rheum nobile fut publiée pour la première fois par Joseph Dalton Hooker et Thomas Thomson en 1855. Hooker écrivit :

Bibliographie

Notes et références

Liens externes

Plante potagère
Polygonaceae
Flore au Tibet

redpajama_set_name: RedPajamaWikipedia


text:
Guidelines on contributing to rwctl go here.

Currently, there is no Contributor License Agreement (CLA), but there may be one in the future.

## Commands vs Implementation

Commands for the cli are in the `cmd` package, with implementationn in separate packages. Please follow this convention - keeping logic outside of commands - so that command implementations can be tested separately from the cli itself.

To add a command, use the [cobra](https://github.com/spf13/cobra) cli convention `cobra add [commandname]`

## Building for release

To build for release, use the `makedist` command.
Please update the VERSION variable in the `makedist` bash script to correspond with the version string variable in the `version/version.go` file.

redpajama_set_name: RedPajamaGithub


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COR IESU, PROPITIÁTIO PRO PECCÁTIS NOSTRIS, MISERÉRE NOBIS.
Lord Jesus: I want mankind to look again into My Heart and see that there is still hope for it, and this hope is My Sacred Heart and the Immaculate Heart of My Mother. These two Hearts paid for the transgressions of mankind and these two Hearts are and will forever remain the propitiation and hope of mankind.
Today I want to comfort you with a look into the depth of My Heart. My Heart is a Sacrifice for God, in which I immerse all your sacrifices. My Heart is the propitiative Sacrifice, through which I perform the sacrifice of propitiation and reconciliation of your souls with God. All sins are mud, thrown in the face of My Father; the enormity of ingratitude, with which the Earth sullies its name. I collect this mud from the face of My Father and I annihilate it with My burnt Sacrifice. I free the world from its crimes and make all things new in My Heart and through it.
The Altar, upon which I place My Heart, is Mary. In her Immaculate Heart is performed this most holy rite. It is she that is the Altar of propitiation, and I its eternal Sacrifice. The priest making the Sacrifice to My Father calls upon Me, so I may come down and atone for the sins of mankind, but I always come through My Mother and offer Myself through My Mother – a Sacrifice for a Sacrifice. I am the Lamb placed on Her Immaculate Heart, so that the altar may be worthy of its Sacrifice. Mary is the unblemished Altar, pure since always and pure forever. I always come in Her and through Her, because the earth is not worthy of Me to stand upon it. Thus, it has Me through the sacrifice of My Mother, who covers before Me the defiled face of the Earth.
– O Altar, pure, ready, built for the offering of the Sacrifice upon it and never destroyed, raised by the hand of God, not man – summon Me. An Altar so worthy must be crowned and honored by the Sacrifice offered upon it. Your Name summons Me. Streams of My forgiveness poured upon you in My Blood. I gave to You the Blood of propitiation, which I have received from You. I give it back to You, Mother, so it may again be Yours. I give You all the Blood of innocence, so by possessing its every drop, with it you may sanctify the Earth.
That is what the Heart of My Mother is. That is what My Heart is. Altar and Sacrifice, always inextricably united through Blood. The Sacrifice offers itself on the Altar. The Sacrifice not offered on the Altar is unworthy. The Altar, upon which is offered the Sacrifice, was chosen, cleansed and built by God Himself. I do not want other altars and I will not suffer upon them. Only this one alone is pleasant to Me and only upon it My Sacrifice will never cease. What for a temple without an Altar? How will you propitiate Me? Your sin will build up and fill the entire tabernacle, because it will lack the Sacrifice of Propitiation. I and My Altar are a gift to mankind. Where the Sacrifice will be offered, there will be the blessing of the highest God.
Your sacrifices, your hearts, you should offer to Me on this same Altar, which I have chosen. Then, they will join with My Sacrifice and your blood will join with Mine. I can not reject such a sacrifice, even if it was the smallest, because the Altar upon which you offer it is worthy. Everything that will be offered on this Altar will be accepted, and will become a pure sacrifice and pleasant to God. Although it is the sacrifice that purifies the altar, this Altar was not made by human hand and the Sacrifice that was offered upon it as first and unspoiled, is not a human Sacrifice, but a Sacrifice of God and Man, which made this Altar the holiest tabernacle of Love.


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"African Students in STEM" by Dr. Kevin Njabo
African Students in STEM – Exploring Wakanda- a Lecture and Discussion led by Dr. Kevin Njabo
When: April 19th from 5:00 pm to 7:00 pm I Where: Hensil Hall 501
Education in STEM is in line with the UN Sustainable Development Goal (SDG4) for ensuring inclusive and quality education for all and promote lifelong learning. How is this statement reflected in sub-Saharan Africa today? What really is the strategic plan on STEM policies, or a road map or even a framework for implementing STEM policies effectively in Africa? The UN currently reports that enrolment in primary education in developing countries has reached 91%, but there are still 57 million children out of school and more than half of the children not enrolled are living in sub-Saharan Africa. In addition, 50% of the out-of-school children of primary school age live in conflict-affected areas. Unemployment remains high in sub-Saharan Africa and one of the main reasons is the phenomenon of structural unemployment, a mismatch between the skills that workers can offer and the skills requested by employers. With lack of effective training, most STEM in Africa jobs are performed by or outsourced to multinationals from China, India, Europe and the U.S. Africa needs cartographers for drawing maps, well-trained engineers to operate machines and build railroads and motorways. Africa needs to invest in R&D to prevent diseases such as AIDS and Ebola; tech entrepreneurs and innovators to resolve local problems with local solutions — all these jobs require a minimum of skills in STEM. Who is thinking of this now in Africa? Who is taking this seriously? Who is acting on this? As Ban Ki-moon indicated in 2016, "Empowering young people through skills development strengthens their capacity to help address the many challenges facing society, including poverty, injustice and violent conflict." Are we really exploring Wakanda?
Kevin Njabo is the Associate Director and Africa Director for the UCLA Center for Tropical Research at the Institute of the Environment and Sustainability (IoES) and an Adjunct Assistant Professor at the IoES and the UCLA Department of Environmental Health Sciences. Kevin is also a founding member of the non-profit organization, the Center for Tropical Research, Cameroon, and is involved in the oversight and management of the International Research and Training Center (IRTC) in Cameroon. Kevin provides content direction and leadership to CTR's core research priorities, fundraising for research projects, direct and strategic links to regional and international partners and collaborators, and provides assurance for all research work and reports carried out in Africa, including proposals, ethical reviews, and research donor reports. Kevin also serves on several professional bodies including the Board of Directors of the Society for Conservation Biology and as a Council Member of the Pan African Ornithological Congress Committee (PAOCC), 2008-2016. Kevin received his Bachelor's Degree from the University of Ife, Ile-Ife and Master of Science in Plant Ecology from the University of Ibadan, Nigeria; a PhD in Biology from Boston University, and was a postdoctoral scholar at UCLA. Kevin's current research interests are in ecology and evolution of emerging tropical diseases.
Dr. Njabo explains his research interests:
My main objective as a conservation biologist is to work for more sustainable and equitable global development. While environmental change and extinction of species are natural processes, human activities are also threatening all things wild, both plants and animals. We are the only species capable of consciously modifying our behavior and environment. As caretakers of the planet, it is our responsibility to respect and manage the Earth's natural resources, including human population itself. My research investigates the influence of mosquito vectors on the evolution and ecology of avian malaria parasites and attempts to show that human-induced habitat alteration could impact on feeding preferences of these vector mosquitoes. This research is both extremely important and timely, not only in terms of these vector species, but also in the wider context for the number one killer disease of the African continent. This research is expected to highlight the critical role of biodiversity and host community ecology in the transmission of vector-borne zoonotic diseases that in turn has important consequences for human health.


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NJCTS > News > NJ Center for Tourette Syndrome reappoints Tim Howard to its Board of Directors
NJ Center for Tourette Syndrome reappoints Tim Howard to its Board of Directors
NJCTS reappoints Tim Howard to its Board of Directors.
SOMERVILLE, NJ— World-renowned goalkeeper Tim Howard reaffirms his commitment to improving the lives of individuals with Tourette Syndrome by serving on the Board of Directors for the NJ Center for Tourette Syndrome and Associated Disorders, Inc. (NJCTS) for another two-year term. Howard has been associated with NJCTS, the nation's first Center of Excellence for Tourette Syndrome, since its founding.
Over the years, the North Brunswick, NJ, native has shared his personal experience with Tourette Syndrome (TS)—a misunderstood and misdiagnosed neurological disorder that affects 1 in 100 children, characterized by vocal sounds and motor movements called tics.
"Tim Howard's partnership with NJCTS was formed when he played for the MetroStars and he publicly announced his TS diagnosis," said NJCTS Executive Director Faith W. Rice. "We are delighted to have Tim's continued support and inspiration as we work toward making lives better for individuals and families living with Tourette Syndrome.
Howard has had a stellar career, playing for Major League Soccer's New York/New Jersey MetroStars, the English Premier League's Manchester United and Everton Football Club, and the U.S. Men's National Team. He has just completed a deal to join the Colorado Rapids, returning to Major League Soccer and the United States after 13 years in England. As his star rose, he helped bring Tourette Syndrome awareness to the global stage.
In addition to serving as an NJCTS board member, Howard is also a critical partner in NJCTS's anti-stigma, Tourette Syndrome awareness platform, The GreaTS. The campaign's expanded launch is expected to begin in the coming weeks with the launch of the website, www.standwiththegreats.org.
For more information about Tourette Syndrome, NJCTS, and The GreaTS, contact 908-575-7350 or www.njcts.org.
Your ticket for: NJ Center for Tourette Syndrome reappoints Tim Howard to its Board of Directors


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2019 Super Rugby Quarter Finals Expert Betting Tips
Jun 19, 2019 | Betting Tips, Featured, Super Rugby
We have expert betting tips for all four quarter-final Super Rugby games this week.
Action starts with the Crusaders vs. Highlanders on Friday night and ends with the Brumbies vs. Sharks on a Super three-game Saturday.
Friday 21/6/19
5:35pm Crusaders vs. Highlanders @ Rugby League Park
The Crusaders have been the best team throughout the 2019 season and although there were some hiccups along the way, they showed their class two weeks ago.
That win was a 66-0 demolishing of the Melbourne Rebels and it gave the Crusaders confidence coming into the quarter-finals, as they had a bye last week.
It took a mammoth effort from the Highlanders just to make the playoffs. They scored a bonus point win when beating the Waratahs 49-12 last week and they needed the Lions to lose without a bonus point. They got their wish but now face a tough task.
Bookmakers have the Crusaders as 13.5-point favourites and that could make it tough for punters. The Highlanders are capable of keeping this game close.
Betting tip: Highlanders +13.5 @ $1.90 – Bet Now
Crusaders by 12
Saturday 22/6/19
8:05am Jaguares vs. Chiefs @ Estadio Jose Amalfitani
This could be the game of the round as the high-flying Jaguares host the improving Chiefs.
Jaguares have been a model of consistency this season and they come into this game riding a lengthy winning streak. It has been the Argentinians best season to date and they're the favourites to notch a win over the Chiefs.
It has been an odd season for the Chiefs and they looked toast for the most part, but late wins over the Crusaders and a 59-8 win over the Rebels last week was enough for them to qualify.
The Chiefs was the one team the Jaguares didn't want to face. They're dangerous and they play a similar style of rugby to the Jaguares. Both teams play an up-tempo style and we could see a wealth of points scored on Saturday morning.
Extremely tough game to call but we're picking a slight upset and going with the Chiefs' experience.
Betting tip: Chiefs to win @ $2.22 – Bet Now
Chiefs by 6
5:35pm Hurricanes vs. Bulls @ Wellington Regional Stadium
This should be the most one-sided game of the quarter finals as the Hurricanes take on the Bulls in Wellington.
The Hurricanes didn't need to win last week's game against the Blues and they looked beaten, but they rallied back to win. The 29-24 win was a terrific come-from-behind performance which will hold them in good stead for this week.
However, the Bulls are coming into this game with a big win themselves. They dispatched the Lions 48-27 last week and despite making the trip from South Africa to New Zealand, they could pose a threat.
It's a do-or-die game and they're usually tighter than regular season games. That bodes well for the Bulls but they are going to need to be stout on defense.
Interestingly, bookmakers have the Hurricanes at $1.17 but only –12.5 in the market. For that reason, we're taking the 'Canes to cover the spread.
Betting tip: Hurricanes –12.5 @ $1.90 – Bet Now
Hurricanes by 14
8:05pm Brumbies vs. Sharks @ GIO Stadium
The Brumbies are the sole Australian team to make the Super Rugby playoffs and they will be happy to have drawn the Sharks.
It's one of the easiest draws this week and although the Sharks are a good team in their own right, they are one of the weaker teams to have made the playoffs.
They come into this with a 12-9 win over the Stormers but there wasn't much to like about that performance. Prior to that, they were hammered by the Jaguares and that's not a good sign.
Brumbies were 40-27 winners over the Reds last week and that backed up their 35-24 win over the Waratahs in Round 17. Both wins came over weak Australian teams, however, so this will be a harder task.
Still, the home crowd could be enough for the Brumbies to get over the line. Bookies have them as –6.5 favourites and they could cover narrowly.
Betting tip: Brumbies –6.5 @ $1.90 – Bet Now
Brumbies by 10


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Tech News Boy - Latest Tech Updates around the world
Eufy Security launches a new line of outdoor security cams
By Scott Marlette On Jun 5, 2021
Anker Innovations' Eufy Security division hopes its new line of home security cameras will make you forget all about last month's devastating privacy breach. The new Wi-Fi cameras sound impressively innovative, and we'll have hands-on reviews soon, but will that be enough to get consumers to trust the brand again?
Straight out of a PR professional's nightmare, on May 17—just two days before the company planned to demo these and another new product in an online video presentation—some EufyCam users discovered they could access each others' live video streams and video recordings. Anker says the problem resulted from a software bug introduced during a server update, and that "the issue affected users at a small rate in the United States, New Zealand, Australia, Cuba, Mexico, Brazil, and Argentina." To its credit, Anker owned up to its mistake, quickly releasing a statement that read, in part: "We realize that as a security company we didn't do good enough. We are sorry we fell short here and are working on new security protocols and measures to make sure that this never happens again."
Six new security cameras
Eufy Security
The Eufy Security SoloCam E40 is a step up from the 1080p model E20 and delivers video resolution of 2K.
The six new outdoor cameras announced today share some common features, including 8GB of onboard storage that eliminates the need for an onsite hub or a cloud storage account. Anker says that amount of storage should be capable of archiving two months of video (based on recording 30 10-second clips per day).
The Floodlight Cam 2 Pro, shown at the top of this page, is the big Kahuna of the group and is designed to be hardwired to your home's electrical system. It incorporates a 2K-resolution camera with three LED floodlights that produce a total of 3,000 lumens of brightness. Each of the three lamps can be positioned independently to ensure total coverage, and the LEDs can be color-tuned from a relatively warm 3,000 degrees Kelvin for outdoor gatherings to an energizingly cool 5,700K for home monitoring purposes.
The SoloCam L20 Spotlight is a 1080p security camera with an integrated spotlight that enables the camera to record in full-color night vision. The SoloCam L40 Spotlight offers the same features with a 2K camera.
The camera, meanwhile, is mounted to a motorized 360-degree pan/tilt mechanism that can automatically lock on, track, and record any subject that enters its field of view, and it has A.I. human detection to distinguish between people, pets, birds, and other moving objects. The camera also boasts color night vision, and there's a 100dB siren built in that can be triggered on demand. It's expected to come to market in July for a retail price of $300.
If a hardwired electrical solution won't work for you, there are five battery-powered alternatives. The SoloCam 1080p Essential (model E20) and 2K Essential (model E40) offer the same motion and A.I. human detection, along with night vision out to a distance of 8 meters (about 26 feet) and a 90dB siren. The SoloCam Spotlight, also available in either 1080p (model L20) or 2K resolution (model L40), adds a 600-lumen spotlight that is color-tunable from 4,000- to 6,000K. The built-in illumination enables the SoloCam Spotlight to deliver color night vision. The SoloCam E20 is expected to ship in June for $100, followed by the E40 in late June for $130. The SoloCam Spotlight L20 is expected in mid July, when it will sell for $150, followed by the Spotlight L40 in late July with $170 price tag.
If you don't want to deal with the hassle of recharging your security camera's batteries, the Eufy Security SoloCam S40 Solar has a solar panel built right into its enclosure.
Anker estimates the batteries in the SoloCam models discussed above should provide around four months of service between charges. If you don't want to deal with the hassle of recharging batteries (the batteries are fixed inside the cameras' enclosures), the Eufy SoloCam S40 features an integrated solar panel that should keep the camera operating indefinitely. It captures video in 2K resolution and comes with the same 600-lumen LED light as the SoloCam Spotlight. Anker expects to ship it in August for $200. This should be a much better solution than plugging the camera into a separate solar panel that needs to be mounted near the camera and then connected via USB cable, although that option will also be available for the cameras that don't have an integrated solar panel.
The entire SoloCam line is now available for preorder at eufylife.com and will also be available for purchase through Amazon and other retailers soon. The company says it will share details on global availability and pricing in the coming weeks.
The Eufy Security SmartDrop is designed to eliminate the danger of stolen packages.
In addition to the new lineup of security cameras, Anker also showed its new Eufy Security SmartDrop, a smart lockbox with a built-in 1080p camera that can capture snapshots of delivery people dropping packages in the box—or criminals trying to break into it. First introduced in a Kickstarter campaign, Anker responded to the wisdom of the crowd by making the final product 70 percent larger than its proof of concept: 27.6 x 22 x 22 inches (HxLxW), with an interior volume of 115 liters (more than 30 gallons). The box carries an IP65 ingress rating, meaning it's entirely dustproof and protected from water jets sprayed from any direction. (You can read all about IP codes in this story.) But just in case rainwater or snowmelt spills in while it's open, there's an internal drainage system to keep its contents dry.
When deliveries arrive, available voice guidance can school an unfamiliar courier; otherwise, they just enter a code on the keypad to open the box. It automatically locks when they close the lid, but they can also contact you to have a two-way conversation if need be. The box operates on battery power, with a removable battery that's expected to last three months on a charge, but it does need to be within range of your Wi-Fi network to enable all of its features.
Anker hasn't released final pricing or availability for the SmartDrop, but its Kickstarter page says MSRP will be $299 with availability sometime in June.
Note: When you purchase something after clicking links in our articles, we may earn a small commission. Read our affiliate link policy for more details.
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Ruby Dhalla's family seeks to gag nanny
Mohit Takalkar set to make his mark at Tiff with The Bright Day
Director, Mohit Takalkar
September 13 is going to be a big day for Mohit Tt's the day when his directorial debut movie, The Bright Day, opens at the Toronto International Film Festival (TIFF). The 90-minute Hindi movie (with English subtitles) will be screened under 'City to City' section of TIFF and is in good company. It shares spotlight with Dibakar Banerjee's Shanghai and Anurag Kashyap's Gangs of Wasseypur, quite a feat for the first-timer Takalkar.
No wonder then that the Pune-based theatre artist is thrilled. And he has good reason to be. Takalkar's journey towards making this movie started back in 2004 when he set off to travel across parts of India along with friend Sarang Sathaye (who plays the lead, Shiv in The Bright Day). The two had no particular destination to reach. "We thought we would stay if we liked a place, or else we'd just go on," says Takalkar. And so they were on the move for two months. Starting from Jaisalmer – a city located in Western India's Rajasthan state, the two stayed on the road until they hit the 'holy city' of Varanasi in Central India's Uttar Pradesh state. They also visited other prominent cities on their way – Jodhpur and Jaipur in Rajasthan and Allahabad and Lucknow in Uttar Pradesh. But it was in Jaisalmer and Varanasi that they found most the inspiration.
The journey was one of self-exploration and introspection for the two. "There was hardly any time when we spoke to each other. We were in our own space as each one of us took in our surroundings," says Takalkar. And it was these observations and experiences that make up The Bright Day. Takalkar's journey took eight years to make it to the big screen. Back in the mid-2000s, shooting a movie in the conventional style was way too expensive. "I had a story to tell, and the best way to tell it was through a movie. I knew that it could not be expressed to the fullest through theatre or via a literary medium," says Takalkar.
Shernaz Patel in a still from The Bright Day
But with time (and new and more affordable technology), The Bright Day was eventually shot mostly from September to December last year, using a DSLR camera. While it was difficult to bring to life their experience from eight years ago, Takalkar says both he and Sathaye are both more matured as artists now to be able to do more justice to their own story. The film is about today's youth – their relationships, their dreams and the restlessness and angst, that according to Takalkar, most of present day's experiences of young people. And, from what the trailer suggests, this is conveyed through spellbinding photography by Amol Gole as there are breathtaking shots of some of the most picturesque parts of India.
According to Takalkar, the movie is supposed to have captured the essential environs of three cities it was mostly shot in – Pune, Jaisalmer and Varanasi. Drawing from his theatre background, Takalkar's film is made up of a string of well-known stage and movie personalities. In addition to Sathaye, The Bright Day also stars the classic Rajit Kapur, Shernaz Patel and Shiv's parents. The popular theatre personality Dr. Mohan Agashe plays the grand father. The film is produced by Abhijeet Bhosale and has music by Benedict Taylor (who has composed for The Girl in Yellow Boots in the past). As for Takalkar, this may be his first directorial step into films, one that he has also scripted and edited. But, it comes in a long continuum of work as an Editor in films.
With his Masters Degree in Theatre Practice from the University of Exeter, UK, Takalkar has to his credit more than a dozen feature films in Hindi and Marathi as an editor as well as sound designer. He has assisted eminent director duo Sunil Sukthankar and Sumitra Bhave on their award winning film Devraai and celebrated Director Tim Supple on A Midsummer Night's Dream.
Anurag KashyapDibakar Banerjee Shanghaigangs of wasseypurMohit TakalkarsliderThe Bright Day Tiff 2012
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Testing The Water At Glastonbury Festival
It's June, the weather is all over the place: it must be Glastonbury Festival! Our water team are once again on site, working hard (they assure us!) taking water samples for analysis. Single Use Plastic Bottle Ban It feels more vital than ever this year, following the festival ban on the sale of single use…
UKAS Accreditation For Somerset Scientific Services
Somerset Scientific Services have once again received their UK Accreditation Service (UKAS) accreditations for asbestos inspection and water and asbestos testing. This is an absolute essential for our team, who are committed to providing services of the highest standard. We're so proud of their hard work and dedication, and that it has been recognised by…
Commercial, Industrial and Domestic Acoustic Testing
You can now source expert acoustic testing and advice through Somerset Scientific Services. We're proud to offer a range of services that enable businesses to protect their workforce, enhance their facilities and comply with regulations, alongside offering the general public a means of assessing noise and vibration that affects their home environment. Workplace Acoustic Testing…
World Accreditation Day 2018 – Working For Global Health And Safety
World Accreditation Day, celebrated on June 9th, is a global focus on delivering a safer world. With both inspection and testing services accredited by UKAS (United Kingdom Accreditation Service), Somerset Scientific Services are proud to support this event. Why Is Accreditation Important? Accreditation, through national bodies and the International Accreditation Forum (IAF) and the International…
Environmental Permits for Discharges to Surface Water and Groundwater
You may need an environmental permit if you discharge liquid effluent or waste water (such as poisonous, noxious or polluting matter, waste matter, or trade or sewage effluent): into surface waters, for example, rivers, streams, estuaries, lakes, canals or coastal waters (known as water discharge activities) onto or into the ground, for example, land spreading…
Somerset Air Pollution Targeted For Reduction
Air Pollution in the UK has a significant impact on life expectancy, according to Public Health England (PHE). An estimated 29,000 people die each year due to air pollution related causes. The main conditions that make up these untimely deaths are respiratory ailments, cancers, birth defects and cardiovascular disease. Impact of Air Pollution in Somerset…
We Want You To Go Home Healthy!
Here at Somerset Scientific Services, we are supporting the HSE campaign to Go Home Healthy. They are urging employers and employees alike to look after their health. Breathing in dust, gases, vapours and fumes at work can cause life-changing lung disease or make existing conditions worse. Twelve thousand workers die each year from lung diseases…
Somerset Scientific Services Raise Funds For WaterAidUK
Somerset Scientific Services (SSS) have been raising money for our chosen charity Water Aid throughout 2017. Book sales, cake sales and donations for old lab kit have raised a total of £90. The UK government are currently matching all donations so, with gift aid, this means we'll be contributing a fantastic £225. This is enough…
Be Asbestos Aware When Renovating
Planning Renovations This Year? If you're thinking of a new extension, a bit of remodelling, or finally knocking down that old garage, have you checked for asbestos? Any property built or refurbished before 2000 could potentially contain ACMs (Asbestos Containing Materials). Commonly found in corrugated roofing sheets, it was also widely used in artex-type paint…
Positive UKAS report for Somerset Scientific Services
The United Kingdom Accreditation Service (UKAS) have carried out a week-long inspection of Somerset Scientific Services. Asbestos and water services are monitored annually to ensure we comply with quality standards. Both technical and administrative competence are rigorously scrutinised during the inspection. We are proud to say that the report has come back with really positive comments.…
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BABEL – A Free FEZ Ripoff That You Should Download Right Now.
While FEZ has been in development for years (the newest trailer was just released the other day) and won't launch on Xbox Live Arcade until some time in 2011, but this indie version from Endurion should hold you over until then.
Download BABEL for free right here.


YANQ, in conjunction with the INCorrections group, recently responded to the Associations Incorporation Act 1981 review. The review's potential to reform the restrictions currently placed on people who have been sentenced to 30 months or more in prison from participating in management committees. Thank you to Prisoners' Legal Service for their assistance with the submission and to all the YANQ supporters who provided letters of support.
YANQ's response is available here.


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God and the Natural Sciences (Science 3)
Subject HPSC30032 (2010)
Contact Hours: Between 10-12 weekly tutorials and between 20-24 lectures, normally two lectures per week
Total Time Commitment: an average of 9 hours each week.
Two second year HPS subjects
There is no specific background knowledge required for this subject.
Previously offered at 3rd year under the code 672-332. Students who have completed 672332 are not permitted to enrol in this subject.
For the purposes of considering requests for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Students Experiencing Academic Disadvantage Policy, academic requirements for this subject are articulated in the Subject Description, Subject Objectives, Generic Skills and Assessment Requirements of this entry.
The University is dedicated to provide support to those with special requirements. Further details on the disability support scheme can be found at the Disability Liaison Unit website : http://www.services.unimelb.edu.au/disability/
Dr Neil Thomason, Mr Stephen Jezreel Alla Ames
Rev. Dr Stephen Ames - sames@unimelb.edu.au
Dr Neil Thomason - neilt@unimelb.edu.au
This subject studies the complex relationship between religion, theology, and the natural sciences. Theological concerns guided the science of Kepler, Newton and many other early scientists. They held that studying the Universe demonstrated the attributes of God. After Darwin, this view was replaced by radically different ones: to some science and religion are necessarily antagonistic, to others they belong to different realms, to yet others there is a mutually illuminating consonance between the two. We examine this change, the reasoning (good and bad) behind it and its residues, including some modern debates: "Anthropic Principle", multiple universes, and such scientific/philosophical issues such as "Why are the laws of nature what they are?" Finally, we explore the relationship between the "personal God" of religious experience and the "philosophers" God" posited to explain facts about the natural world.
Students who successfully complete this subject should...
have a deeper understanding of and an increased ability to systematically think about the complex historical relationship between religion, theology, and the natural sciences. They will understand how the relationship has evolved, with particular emphasis on the relationship during the "scientific revolution" and post-Darwinian controversies.
understand some of the on-going debates possibly including: "The Anthropic Principle", Multiple Universes, and such scientific/philosophical issues such as "Why are the laws of nature what they are?"
have a deeper understanding of and an increased ability to systematically think about the different views of the relationship between the "personal God" of religious experience and the more abstract "philosophers" God"
have experience of thinking systematically about difficult intellectual problems of an abstract nature.
have practice conducting research, speaking and writing clearly and reading carefully.
have experience with methods of critical analysis and argument employed in theology and in the history and philosophy of science, leading to improved general reasoning and analytical skills.
Written work totalling 6000 words comprising a short paper of 750 words 13% (due week 5), a longer paper of 1250 words 21% (due week 8) and two final papers of 2000 words 33% each (due during the examination period).
A subject reader will be available from the University Bookstore at the beginning of semester and Science and Religion: A Historical Introduction (Ed. by Ferrigan)
Students who successfully complete this subject should
develop skills in written and oral communication.
conduct independent research.
make appropriate use of primary and secondary sources in mounting an argument.
form defensible judgements based on a critical evaluation of conflicting arguments.
http://www.pasi.unimelb.edu.au/hps/
For 2nd year see 136-260. 136-260 is available for 2nd year science credit for students enrolled in the BSc (pre-2008 degree only), or a combined BSc course (except for the BA/BSc).


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First women to attend Ranger Course
WASHINGTON (Jan. 16, 2015) -- The Army announced Jan. 15 that female Soldiers will be allowed, for the first time, to attend the Army's Ranger Course and possibly earn the coveted Ranger tab.
According to an official Army statement, the first Ranger Course open to female Soldiers begins this spring.
"Secretary of the Army John McHugh approved the participation of both men and women in the spring 2015 Ranger Course assessment," said Army spokesperson Wayne Hall. "The assessment will be conducted during Ranger Course 06-15, which is scheduled to begin on April 20, 2015. The course has approximately 60 women scheduled to participate. Those who meet the standards and graduate from the course will receive a certificate and be awarded the Ranger tab."
According to Monica L. Manganaro, a spokesperson for the Maneuver Center of Excellence's Airborne and Ranger Training Brigade, the 2015 "Ranger Course assessment" is a regular Ranger Course, with all the same physical requirements. The current Ranger Course completion standards, to include prerequisites, phase performance requirements and graduation standards would not change for the assessment, she said.
Manganaro said the course is being called an assessment due to the first-time participation of female Soldiers. Both male and female students will participate in the assessment.
The Army released an all Army activities message in September 2014 requesting units forward the names of female volunteers to attend the spring Ranger Course assessment. At the time, the decision to include women in a Ranger Course had not yet been made.
"The response was overwhelmingly positive," Manganaro said. "When the Army asked for women who had interest, the interest outweighed the number of slots available."
Some of the women who may attend that Ranger Course assessment began the 16-day Ranger Training Assessment Course, run by the Army's National Guard Warrior Training Center, Jan. 16. The RTAC is meant to prepare Soldiers to succeed in the Ranger Course. This is the first time an RTAC has included women. Of the 120 slots available for students in the RTAC, up to 40 are allotted for women. There are three additional RTACs scheduled before the Ranger Course Assessment begins that include female Soldiers.
With an endorsement from their unit, Soldiers who successfully complete the RTAC are eligible to attend the 62-day Ranger Course, Manganaro said. Historically, she said, approximately half of those who enter the Ranger Course will succeed in earning the Ranger tab.
Not all Soldiers who attend the Ranger Course are required to attend an RTAC, Manganaro said. But all female Soldiers who attend the Ranger Course Assessment must first attend and successfully complete an RTAC.
"The RTAC is mandatory for the women who want to go to Ranger school," Manganaro said. "It is going to re-enforce those Ranger skills, and familiarize the female Soldier with the skill sets they may not have had in other courses they have gone through."
Manganaro said the requirement to attend the RTAC will "level the playing field," in the Ranger Course, allowing women to better familiarize themselves with the skills they will need to succeed there.
"The RTAC gives them an azimuth on their skill set, on what they will need to go to Ranger school," she said.
FEMALE OBSERVERS AND ADVISORS
For the Ranger Course assessment this spring, the Airborne and Ranger Training Brigade selected 31 female Soldiers to serve as observers and advisors. Of those, there are 11 officers and 20 non-commissioned officers.
The observer/advisors will be integrated into the Airborne and Ranger Training Brigade staff during the Ranger Course assessment, for the purpose of assisting with the execution of the assessment, and to help capture "lessons learned" from both men and women training together.
The female observer/advisors underwent a weeklong evaluation in November 2014, before being selected to move on to a modified Ranger Instructor training program, meant to prepare them to work in assigned areas during the Ranger Course assessment. Observer/advisors will also observe two cycles of an all-male Ranger Course as part of their preparation for the April 2015 Ranger Course assessment.
Manganaro said that female Soldiers who successfully complete the April Ranger Course assessment will earn a certificate of completion for the course, and will have earned the privilege of wearing the Ranger tab on their uniform. However, she said, those Soldiers will not get the Ranger skill identifier, nor will they be able to transition to an MOS that requires the Ranger skill identifier, as those MOSs are not yet open to women.
The move to assess female Soldier performance in Ranger Course is part of an ongoing Army effort called "Soldier 2020." That effort is meant to allow the Army's best-qualified Soldiers the opportunity to serve in any position where they are capable of performing to standard.
"In 2011, the Army began assessing barriers to service for women," said Col. Linda K. Sheimo, chief, Command Policy Division at Army G-1. "In 2012 we opened approximately 14,000 positions that were closed due to the removal of the collocation rule which includes opening six MOSs and executing the exception to policy program in the maneuver battalion headquarters of maneuver battalions in nine BCTs. Since 2012, approximately 55,000 positions have been opened. Now, we continue our efforts with the assessment of women attending the Ranger Course this spring. We'll use the data and lessons learned from this pilot to inform our way ahead in a deliberate, measured and responsible manner. We're upholding standards and ensuring every Soldier has the opportunity maximize their potential."


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est une compilation de Madness, sortie le .

Liste des titres

Notes et références

Album de Madness
Compilation musicale sortie en 1999
Album publié par Virgin Records