Margarine Industries Limited (MIL.mu) 2015 Abridged Report

first_imgMargarine Industries Limited (MIL.mu) listed on the Stock Exchange of Mauritius under the Industrial holding sector has released it’s 2015 abridged results.For more information about Margarine Industries Limited (MIL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Margarine Industries Limited (MIL.mu) company page on AfricanFinancials.Document: Margarine Industries Limited (MIL.mu)  2015 abridged results.Company ProfileMargarine Industries Limited is a Mauritian company that focuses on the manufacturing, distribution and sale of margarine and other related products. The company also engages in the import and distribution of dried foodstuffs such as concentrated juices, fruit juices, canned foods, rice, biscuits, syrups, UHT milk, chocolate spread, yeasts, cereals, and honey. Margarine Industries Limited handles its business under two segments, which are manufacturing and trading. Margarine Industries Limited is listed on the Stock Exchange of Mauritius.last_img read more

Forget gold! Here are 2 cheap UK shares I’d buy and hold long term

first_imgForget gold! Here are 2 cheap UK shares I’d buy and hold long term Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. There’s no question in my mind that investors have a wealth of cheap UK shares to choose from today. 2020’s triple blow of Covid lockdowns, Brexit and economic uncertainty have kept share prices low. And a rush for so-called safe-haven investments mean many investors have been loading up on gold. The price of the precious metal has spiked more than 20% in the past 12 months. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…But it’s clear to me that investors can get far more robust returns from cheap UK shares. And I’d definitely swerve gold for the chance to buy quality companies at bargain prices. So I’ve handpicked these two cheap UK shares I’d buy now and hold long term.Success starts at homeIn my opinion there are a couple of choice bargains to be had right now. The first of these cheap UK shares I’m considering is FTSE 100 retailer Kingfisher (LSE: KGF). Some readers might see the word ‘retail’ and immediately snort in derision. But ignoring this option would be a mistake, in my opinion.The B&Q and Screwfix owner is labelled an ‘essential’ retailer. As such it has been able to open its stores to trade throughout the pandemic. Things went so well that Kingfisher was able to return £130m in Covid rates relief to the government. The business had seen a huge sales bump, driven by “higher interest in home improvements”, bosses noted.Sales in the fourth quarter of 2020 were up another 16.5%, it said in its latest trading update. Significantly stronger sales growth in Spain (up 20.4%) and France (up 29.4%) also means full-year profits are now expected to be at the top end of expectations.A P/E ratio of 10 is well below the FTSE 100 average. That makes these UK shares rather cheap.And while Kingfisher scrapped its final dividend payout for 2020, I think it’s clear it will return in force in 2021. Another cheap UK shareMy next pick for UK shares offering high value is British American Tobacco (LSE: BATS). The BATS share price is on sale at just 8.4 times earnings. That puts the company in my sweet spot. But even better, the tobacco specialist pays out a 7.7% dividend yield today. I’ve learned that compounding strong dividend returns over the long term offers me the best chance to grow the most wealth. And I’ve heard that management now expects full-year revenue growth at the top end of estimates, with the hit from Covid much lower than anticipated. Profits and earnings per share remain strong as it switches resources away from cigarette sales to vaping. And looking further out, analysts at Morgan Stanley say the company’s ability to grow is underappreciated. “We see a significant opportunity in BAT’s new model, just as the shares and investor interest hit multi-year lows,” they wrote.While this share won’t appeal to ESG investors, it could offer me a healthy portfolio boost if I hold it for long enough. So I’d ignore gold right now and focus my attention on these two cheap UK shares. Over the long term, I think they are more likely to help me grow my wealth for the future. Enter Your Email Address Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. TomRodgers has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. Tom Rodgers | Thursday, 14th January, 2021 | More on: BATS KGF Image source: Getty Images See all posts by Tom Rodgerslast_img read more

Favour for friend ends with 20 year driving ban

first_imgLinkedin NewsLocal NewsFavour for friend ends with 20 year driving banBy admin – September 17, 2010 524 A 61-year-old man has been sentenced to a total of eight months in prison and banned from driving for 20 years, after he was caught driving in an intoxicated state for a third time.  Paddy McCarthy, of 34 Mullally Grove, Cappamore, was before Judge Tom O’Donnell after Garda Michael O’Shaughnessy arrested him while driving a relatives car.McCarthy had earlier been banned for driving on two occasions; a 10 year ban issued in 2008, and a 15 year ban issued in 2009, Sign up for the weekly Limerick Post newsletter Sign Up as well as other penalties enforced for drink driving and no insurance convictions.The court heard that the accused was driving on Carey’s Road on February 21 last, and when gardai stopped him, he had a blood alcohol level reading of 156mg.John Devane, solicitor, told the court that McCarthy was driving a relatives car while intoxicated as the owner was not in a position to drive, and McCarthy felt that his relative could not afford to lose his licence. When the accused was apprehended by gardai, he said he thought he was doing good.Judge O’Donnell retorted by saying that it was clear that McCarthy acted in a “pre meditated fashion”, had an “appalling record,” and despite convictions and driving bans, continued to flout the road traffic laws.“All of this, Mr Devane, despite your client having prison sentences and two lengthy driving bans in place. It’s clear from this that Mr McCarthy has a total disregard for the laws and is in contempt of the orders of the court. It’s outrageous”.Mr Devane said that a plea was indicated at an early stage and that he asked for leniency for the accused.Judge O’Donnell gave credit for the early plea but said that it as still a “disgraceful performance”.For the section 49 charge of driving a car while under the influence of an intoxicant, McCarthy was convicted and sentenced to six months in prison and disqualified from driving for 20 years.For driving without insurance, he was sentenced to two months in prison and will serve that sentence consecutively to the first. He was also banned from driving for 20 years. Judge O’Donnell, however, ordered that prison warrant for the accused not be issued until September 21 next to facilitate a medical appointment, as McCarthy had been recently diagnosed with angina. Facebook Print WhatsAppcenter_img Advertisement Email Previous articleBaby passenger in stolen carNext articleFree catering workshop admin Twitterlast_img read more

Ethisphere Announces Fifth Third Bank as one of the 2021 World’s Most Ethical Companies

first_img Twitter WhatsApp Fifth Third Chairman & CEO Greg D. Carmichael Ethisphere Announces Fifth Third Bank as one of the 2021 World’s Most Ethical Companies TAGS  Pinterest By Digital AIM Web Support – February 23, 2021 Facebookcenter_img Local NewsBusiness Twitter Pinterest Facebook WhatsApp Previous articleCOVID-19 Pushes Tax into the Spotlight as Strategy for ResilienceNext articleUEFA investigates alleged racial abuse of Zlatan Ibrahimović Digital AIM Web Supportlast_img read more

Gap Between Potential and Actual Home Sales Narrows

first_img  Print This Post The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Existing Home Sales First American Home Sales Mark Fleming potential home sales Potential Home Sales model 2018-01-23 David Wharton The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Related Articles Share Save About Author: David Wharton January 23, 2018 1,619 Views The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Headlines, Journal, Market Studies, News Gap Between Potential and Actual Home Sales Narrows Servicers Navigate the Post-Pandemic World 2 days ago Previous: Senate Confirms Jerome Powell as Fed Chair Next: Lack of Affordable Homes Driving Nationwide Migration Trends Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Gap Between Potential and Actual Home Sales Narrows Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: Existing Home Sales First American Home Sales Mark Fleming potential home sales Potential Home Sales model Data Provider Black Knight to Acquire Top of Mind 2 days ago According to a new report by First American, while existing-home sales continued to underperform their potential in December 2017, the gap between actual sales and that potential has continued to narrow.First American’s proprietary Potential Home Sales model reports that potential existing-home sales decreased 0.2 month-over-month in December 2017, settling in at a 5.99 million seasonally adjusted annualized rate (SAAR). The market potential for existing-home sales is up 1.4 percent year-over-year, having gained 82,000 (SAAR) sales. According to First American, the December 2017 total of potential existing-home sales was 375,000 (SAAR), which puts it 6.3 percent below the pre-Recession peak that occurred in July 2005.The market for existing-home sales did underperform its potential in December 2017, however, by 2.0 percent or an estimated 122,000 (SAAR) sales, per First American. First American also reported a market potential dip of an estimated 1,000 (SAAR) sales between November and December 2017.Mark Fleming, Chief Economist at First American, said, “Faster economic growth, a healthy stock market, low unemployment, and low mortgage rates are fueling substantial home-buying demand. The pace of actual existing-home sales has surged in recent months and significantly narrowed the gap between actual market performance and market potential. Nonetheless, the market is still underperforming its potential. Existing-home sales have been restrained by an increasingly concerning shortage of properties for sale, which puts upward pressure on house prices. The shortage of homes for sale will likely continue in 2018 and continue to push prices higher.”First American predicts that homebuilding and sales listings will have difficulty keeping up with demand in 2018, especially from the growing demand among millennials eager to find a home. Tight inventory will also continue to cause problems, as Realtor.com reports that the supply of homes has actually fallen year-over-year, down by 9.0 percent. Moreover, homes are selling 7.0 percent faster than a year ago.All of these factors contributed to an 8.6 percent decrease in affordability in November 2017, according to the First American Real House Price Index, which tracks incomes, mortgage rates, and an unadjusted house price index.You can read more of First American’s insights into the state of housing in December 2017 by clicking here. Subscribelast_img read more

Main Evening News, Sport, Nuacht and Obituaries Friday October 26th

first_imgAudioHomepage BannerNews Derry draw with Pats: Higgins & Thomson Reaction Pinterest Facebook RELATED ARTICLESMORE FROM AUTHOR Google+ Google+ Journey home will be easier – Paul Hegarty By News Highland – October 26, 2018 Main Evening News, Sport, Nuacht and Obituaries Friday October 26th:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2018/10/26news.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. DL Debate – 24/05/21 Previous articleSligo Rovers appoint Liam Buckley as new bossNext articleOngoing traveller feud could lead to murder according to PSNI News Highland center_img WhatsApp Facebook WhatsApp News, Sport and Obituaries on Monday May 24th Pinterest FT Report: Derry City 2 St Pats 2 Twitter Main Evening News, Sport, Nuacht and Obituaries Friday October 26th Twitter Harps come back to win in Waterford last_img read more

Larry Nassar’s former Michigan State boss arrested

first_img FacebookTwitterLinkedInEmail Scott Olson/Getty Images(MASON, Mich.) — William Strampel, the former dean of Michigan State University’s osteopathic medical school and boss of Larry Nassar while he was a trainer there, was arrested Monday night.Strampel, 70, is being held at Ingham County Jail in Mason, Michigan, and is expected to be arraigned on Tuesday morning, authorities said.No charges have been filed yet.“I will confirm he is in the Ingham County jail,” Ingham County Sheriff Scott Wrigglesworth said in a statement. “He has yet to be arraigned and we do not give out charge information prior to release.”Strampel would be the first person charged in connection with the Nassar scandal outside of the trainer himself.John C. Manly, attorney for Nassar’s victims, released a statement following Stampel’s arrest saying he was “encouraged” by the news.“Our clients are encouraged by the Attorney General’s action,” Manly said. “It demonstrates that he is serious about investigating the systemic misconduct at MSU that led to the largest child sex abuse scandal in history and holding the responsible parties accountable.”Results of a joint investigation by Michigan State University police and the FBI were released in December, which showed Strampel told police he didn’t “see the need to follow-up to ensure” Nassar was following new guidelines they had discussed when Nassar returned to work following a 2014 accusation of sexual assault.The report showed Strampel emailed Nassar on July 2014 to say he was “happy to have you back in full practice.”Nassar was accused of sexually assaulting hundreds of girls who he cared for as a trainer with Michigan State and USA Gymnastics. Nassar pleaded guilty in three separate cases — one tied to child pornography and two others in connection to the assaults — and will serve what is essentially a life sentence. The most prominent of those cases featured a sentencing hearing in January in which dozens of women alleged misconduct by Nassar in two weeks of testimony.Among the women who have accused Nassar of sexual assault are Olympic gold medalists Aly Raisman, Simone Biles, McKayla Maroney and Gabby Douglas.Copyright © 2018, ABC Radio. All rights reserved. Beau Lund Written bycenter_img March 27, 2018 /Sports News – National Larry Nassar’s former Michigan State boss arrestedlast_img read more

Property auction sales hit all-time high in 2014

first_imgThe number of property lots sold at auction reached a record high in 2014, data from the Essential Information Group (EIG) shows.According to EIG, the volume of lots offered for sale last year rose by 3.8 per cent to 28,526, with no fewer than 21,838 lots sold – up 2.1 per cent on 2013 and surpassing the previous record set in 2007.The latest figures also reveal that revenues are heading skyward as over £3 billion worth of property sold under the hammer in 2014 for the first time in seven years – up 14 per cent on 2013 and a fourth consecutive year-on-year rise.With the volume of lots offered falling in the North and rising in the South, it was unsurprising to see that auction receipts increased significantly in London and the Home Counties, accounting for over 50 per cent of the UK total. Northern Ireland also saw significant gains last year.Meanwhile, EIG data also revealed that the amount of money raised from property auction sales totalled over £491m in December 2014; a 3.6 per cent gain on the same month in 2013 and the largest amount achieved in December since 2007.In total, 134 property auctions were held in December, with 2,605 of the 3,473 lots offered – 75 per cent – successfully sold.New online auction launchedA new online property auction, Bamboo Auctions – bambooauctions.com – has been launched. The business is led by corporate lawyer, Robin Rathore and Chris Brown, the past president of both NAVA and the NAEA.Acting through their estate agent, sellers can set a reserve price and choose the length of the auction period for each property listed on the website. Buyers are pre-approved for identity and anti-money laundering purposes and can search, download legal documents, arrange site viewings and place bids on properties.Exchange occurs immediately at the end of the auction period, meaning estate agents earn their commission faster and the risks of gazumping and gazundering are eliminated.Rathore said: “A lot of property-tech businesses are either looking to bypass estate agents or are going into direct competition with estate agents. We’re different. We want to work with estate agents; we want to see properties exchange, so our interests are completely aligned.”online auction property auction sales February 6, 2015The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Property auction sales hit all-time high in 2014 previous nextProducts & ServicesProperty auction sales hit all-time high in 2014PROPERTYdrum6th February 20150550 Viewslast_img read more

Fees ban loophole: letting agents charging ‘pet rent’ to recoup lost revenue

first_imgA national newspaper investigation claims to have found widespread evidence that many letting agents are attempting to recoup revenue lost following the tenant fees ban by charging tenants a additional pet rent.The Guardian claims that agents and landlords are charging up to £40 a month to including a single pet within a tenancy agreement.Examples outlined by the investigation include an Oxfordshire landlord who charged a family £40 a month for a dog on top of the £995 a month they charged for ‘human’ residents of the property.The article also claims ‘pet rent’ clauses within rental contracts are becoming common and the article quotes one agent, Elliott Oliver in Cheltenham, saying the company has no alternative but to charge extra for pets following the tenant fees ban.Pet chargesPrior to the ban, most agents simply charged tenants with pets a larger rental deposit but the five-week limit brought in by the fees ban means this is no longer possible.Examples of online adverts for properties where tenants must pay an additional rent for pets are not hard to find online.Research by The Negotiator on all three portals found over 160 properties offered in and around London to rent which stipulate between £15 and £25 extra for pets per calendar month, although some charge more.The charges appear to be a gaping loophole in the Tenant Fees Act, which makes no mention of prohibited charges or rent relating to pets, restricting the law to humans.Read more about the fees ban and pets.pet rent The Guardian September 4, 2019Nigel LewisOne commentJulian Blackmore, BNE BNE 4th September 2019 at 10:02 amSo what? We took the view that we’d offer a discount if you DON’T have a pet, that way there is no ‘charge’ in the legal definition. So if it’s £1,000 month but if you don’t have a pet you get a £50 discount. It’s already proving unfair where tenants move in other adults whenever suits them and then the landlord has to pay up for referencing or kick them out and lose out…. this law is a total JOKE and the more it backfires the better.Log in to ReplyWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Fees ban loophole: letting agents charging ‘pet rent’ to recoup lost revenue previous nextRegulation & LawFees ban loophole: letting agents charging ‘pet rent’ to recoup lost revenueInvestigation shows agents and landlords charging between £15 and £50 extra per month for pets, a charge which the Tenant Fees Ban appears to have missed out.Nigel Lewis4th September 20191 Comment3,236 Viewslast_img read more

Fairtrade swap

first_imgCoughlan’s of Croydon has received many compliments since it started selling solely Fairtrade coffee across its 22 Munch café outlets.Coughlan’s changed from an expensive premier Italian coffee to a Fairtrade Colombian bean, specially sourced for the company, and says customers have appreciated the change.”It’s the right thing to do, but it won’t put any more money in the till as it costs more to source,” said owner Sean Coughlan.last_img