Alteo Limited (ALT.mu) Q12019 Interim Report

first_imgAlteo Limited (ALT.mu) listed on the Stock Exchange of Mauritius under the Energy sector has released it’s 2019 interim results for the first quarter.For more information about Alteo Limited (ALT.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Alteo Limited (ALT.mu) company page on AfricanFinancials.Document: Alteo Limited (ALT.mu)  2019 interim results for the first quarter.Company ProfileAlteo Limited is a holding company, which deals in cane farming, sugar milling, sugar refining, energy production, real estate and hospitality in Mauritius and regionally. The company was established in September 2017 and is headquartered in San Pierre, Mauritius. Alteo Limited is listed on the Stock Exchange of Mauritius.last_img

Have £3,000? Here are 3 top growth stocks I’d buy for my ISA

first_img Paul Summers has no position in any of the shares mentioned. The Motley Fool UK has recommended Softcat. 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. “This Stock Could Be Like Buying Amazon in 1997” Image source: Getty Images Our 6 ‘Best Buys Now’ Shares Have £3,000? Here are 3 top growth stocks I’d buy for my ISA 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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! 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.center_img Paul Summers | Monday, 4th May, 2020 | More on: CDM G4M SCT No one knows where the markets are heading in 2020. But we can be confident that great companies will continue to provide rich rewards for patient investors in the long term. Today, I’m turning my attention to three stocks of very different sizes that should do very well for growth-focused investors willing to stash them away in their Stocks and Shares ISAs.Cheap thrillsVideo gaming has been one of the most popular activities for many during the lockdown. This should be great news for UK-listed developers, such as Frontier Developments, Sumo and Team 17. My personal choice in this space, however, is Codemasters (LSE: CDM). 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…An expert in the lucrative niche that’s driving games, the firm holds the coveted Formula 1 franchise. It’s also the brains behind the popular DiRT series.Buying an individual developer arguably takes more guts than buying a ‘picks and shovels’ stock like services provider Keywords Studios. That said, the current valuation of Codemasters surely helps mitigate this risk. Changing hands for 15 times earnings, the stock is also considerably cheaper to acquire than its aforementioned peers.Aside from the great outlook for the games industry in general, the company has net cash in its balance sheet and will launch the much-anticipated Fast and Furious Crossroads game in 2021.  Growth playAs both a small-cap investor and customer, I think online musical instrument and equipment retailer Gear4music (LSE: G4M) is another great selection for those with long investing horizons.Like the video games industry, Gear4music has been a beneficiary of the lockdown. CEO Andrew Wass recently said the company had seen high demand for its products since late March “as an increasing number of people recognise the benefits that playing musical instruments can bring during these difficult times.”Regardless of the recent boost to business, the company was already growing nicely. Total sales for the year to the end of March came in at £120.3m. Almost half of this (£58.5m) was from outside the UK, giving a good amount of geographical diversification to earnings. In line with the company’s objective, gross margin also recovered over the last year.Gear4music’s small-cap status means its share price is likely to remain volatile, but the long-term outlook looks very promising. The relentless rise in online retail, coupled with the struggles many independent bricks and mortar instrument sellers are likely to experience going forward, could play right into the minnow’s hands. Reassuringly expensiveMy final growth pick for today is IT re-seller and services provider Softcat (LSE: SCT). Demand for cloud-based, datacenter and networking and security solutions from organisations will surely only increase post-pandemic.The FTSE 250 member could be the ideal way of playing this trend. Softcat already generates exceptional returns on the money it invests in itself and, again, boasts very sound finances.Of course, the fact that the business already trades at a punchy valuation (30 times earnings) could mean it’s hit harder than most if — and that’s a mighty ‘if‘ — markets eventually resume the downward trajectory witnessed in March.So long as you’re in for years rather than weeks, I can only see the share price going in one direction in time. Perhaps this may be one to buy into regularly, rather than in one fell swoop. See all posts by Paul Summers Simply click below to discover how you can take advantage of this. 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. Enter Your Email Addresslast_img read more

West Virginia tells Trump ‘No hate in my holler!’

first_imgThe bigot-in-chief, Donald Trump, attended a “fundraiser” here the evening of July 24 and was met with protests throughout the day.  The event was a $150-a-plate dinner, hosted by coal industry boss Robert Murray.The first rally was organized by members of United Auto Workers (UAW) Local 1112 from nearby Lordstown, Ohio, who had just lost their jobs after the recent closing of the General Motors plant there. Speakers angrily commented that Trump had come to West Virginia to brag about how great jobs are now, but the autoworkers know: “That’s a lie. Things aren’t great.”Autoworkers from Ohio protest Trump’s corporate-friendly economic policies that cost them their jobs.Braylin Rushton, a militant African-American activist within Local 1112, said to the crowd: “Trump came to Lordstown in 2016 and promised more jobs. Since that time, his policies have made it easier for corporations to flourish at the expense of working families. When GM closed, 43,000 people lost their jobs and Trump said, ‘That’s OK.’”Later in the day, another protest of about 100 people was arranged by Marchers Ohio Valley Empowered.  MOVE’s major focus was the racist mistreatment of migrant families. MOVE supplied signs and imagery calling out the current U.S. administration for incarcerating im/migrants in concentration camps. The protest was joined by other community activists, clergy, trade unionists and members of the Industrial Workers of the World.  Also present were education workers who have been fighting against privatization for the last two years. Their historic West Virginia actions ignited a national teacher fightback in 2018. Women represented the majority of those at the rally.An Ohio Valley Pride contingent marched in to join the protest, waving rainbow flags and other flags representing the LGBTQ2S+ community.  Some people had signs calling Trump out for his misogyny, as well as his saber-rattling against Bolivarian Venezuela and the Islamic Republic of Iran.As attendees walked into the ice hockey arena where the fundraiser was being held, the angry crowd chanted: “Little kids need liberation, not your racist deportation” and “Donald Trump, you racist swine, being Muslim is not a crime.”Don Viglio, a Marxist-Leninist-Maoist, told Workers World, “Capitalism-imperialism is destroying the world through colonial plunder. As oppressed people starve, Trump is coming here today to accept an obscene amount of cash from one of the richest coal magnates.”IWW member Michael Mochaidean stated, “While many people here have ideological differences, we are all in solidarity against Trump.”The multinational crowd was energetic in expressing unity with their homemade signs. One read: “Trump made America hate again,” while a woman in sunglasses brandished the slogan: “Don’t be a fossil fool — Let W.Va. shine!” A nearby protester flourished a down-home sign: “No hate in my holler.”FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Pasadena’s Unemployment Rate More Than Quadruples to 16.8 Percent

first_img Community News Chart courtesy State of California Employment Development DepartmentPasadena’s unemployment rate in May reached 16.8 percent as the COVID-19 pandemic continued to hammer local, regional and national economies, marking an increase of more than four times the local rate over the same time period last year, officials said.The statistic represents 11,800 people out of work in Pasadena, according to California Employment Development Department data. Data from the private investment firm YCharts put Pasaena’s unemployment figure slightly higher at 17.1 percent.The unemployment rate was 3.6 percent this time last year, representing 2,800 people out of work, according to the EDD.“It’s terrible, but it’s not surprising,” Mayor Terry Tornek said. “Pasadena has a lot of employment in activities that are hospitality and tourist-related. So that industry is among those hardest hit: The restaurants, the hotels and the related businesses that serve them. These are our bread and butter,” Tornek said. “And so I’m not shocked by the numbers. They’re appalling, but they’re not surprising.“The problem is that we don’t control the virus. The virus seems to control us. And so every time we think we’re sort of moving ahead, it sort of laughs at us and pushes us back,” Tornek said.The unpredictable nature of COVID-19, and the safety measures an outbreak mandates, makes it tough to know when and how much the economy will bounce back, he said.“It’s sort of symptomatic of the challenge that we have,” Tornek said. “It’s a little difficult to speculate about the future when it’s really not clear what the rates of infections are and how we’re going to be able to reopen.”Los Angeles County’s unemployment rate hit 20.6% in May, representing 970,100 people out of work, EDD data shows. The statewide figures for May, show a 16.3 percent unemployment rate, while federal statistics reflected a national rate of 13.3 percent.Figures released at both the state and federal levels show steadily declining unemployment up until the onset of the COVID-19 pandemic, followed by steep spikes.As a Los Angeles County Labor Market Consultant for the EDD, Juan Millan said he’s never seen such high numbers.“When we look at the County level unemployment and local area unemployment numbers, it’s extraordinary to see how many people were affected, how such a large segment of the labor force was forced to stop working,” he said. “If you compare the unemployment rate at the county level during this pandemic to the great recession of 2008, we’re looking at almost twice the unemployment rate.”L.A. County unemployment topped out at about 12% during 2008, Millan said.“Right now, as a result of this pandemic in 2020, we’re looking at an unemployment rate up above 20% for Los Angeles County. That’s unheard of. We lost over 680,000 jobs on a month-over-basis,” he said.“Understandably, this is due to the extraordinary and unexpected pandemic. No one has control over this,” Millan added.The economic pain has hit some businesses harder than others.“Some of the industries took a harder hit due to the pandemic, for example, restaurants and hotels,” according to Millan. “But there’s some other industries that were affected by the pandemic that people don’t really are not really aware of. For example, automobile repair services, dry cleaners, barber shops and beauty salons.”At least two popular Pasadena restaurants — Cafe 86 and the Lincoln Cafe — closed down this month.Government employment has gone down as well, Millan said. “And of course, the school closures had a lot to do with it.”Millan said federal aid prescribed under the CARES Act is likely preventing a far worse scenario.“Although we’re looking at a looming number of unemployed people, a good percentage of them are receiving federal relief,” he said. “So that’s really keeping the public in check so to speak, but if the assistance runs out, then the situation will have the potential to get to Great Depression level… a period in which we’ll be seeing things that we did in the Great Depression.”“You will see people suffering a lot more than what we’re seeing now if this pandemic assistance is not extended,” Millan said.Economic uncertainty is likely to continue until concrete progress against the novel coronavirus has been made, such as “some kind of comprehensive recovery plan or vaccine,” allowing workers to safely return to work and consumers to get out into the community with confidence, he said.“It’s dismal, but it’s not unexpected,” Pasadena Chamber of Commerce President Paul Little said of the unemployment figures.He said he also could not recall seeing unemployment climb so high, so fast, and that federal assistance was likely making a major difference for many of those without jobs.“Everyone can appreciate the extra $600 a week that the federal government put into unemployment benefits, because a lot of those people in Pasadena who are out of work are in pretty well-paying jobs,” Little said. “…folks who without the $600 couldn’t make the mortgage payment.”He said while he was confident the local economy will eventually recover, he believes it could take some time.“I think it’s going to be a very slow process. I don’t think we’re going to see the unemployment numbers drop at the same rate that they rose. I think we’re looking at at least a couple of years until things get back to the 2019 levels.”Many employers are likely to be mindful of the possibility of another wave of coronavirus, Little said. And until revenues return to pre-pandemic levels, employment may not, either.“Some employers are going to be making some difficult choices about their workforces,” he said. Community News Pasadena’s Unemployment Rate More Than Quadruples to 16.8 Percent By BRIAN DAY and DAVID CROSS Published on Wednesday, July 1, 2020 | 4:58 am Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes More Cool Stuff CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Community News STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Subscribe STAFF REPORT First Heatwave Expected Next Week center_img 17 recommended0 commentsShareShareTweetSharePin it Business News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Name (required)  Mail (required) (not be published)  Website  Herbeauty5 Things To Avoid If You Want To Have Whiter TeethHerbeautyHerbeautyHerbeautyThe Most Heartwarming Moments Between Father And DaughterHerbeautyHerbeautyHerbeauty8 Easy Exotic Meals Anyone Can MakeHerbeautyHerbeautyHerbeautyFinding The Right Type Of Workout For You According AstrologyHerbeautyHerbeautyHerbeautyHere Is What Scientists Say Will Happen When You Eat AvocadosHerbeautyHerbeautyHerbeautyAmazing Sparks Of On-Screen Chemistry From The 90-sHerbeautyHerbeauty Make a comment Your email address will not be published. Required fields are marked * EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Top of the News last_img read more

California bans racial discrimination against employees with natural hairstyles

first_imgiStock(LOS ANGELES) — California has joined other states in ending racial discrimination against people with natural hairstyles such as braids, twists and afros.On Monday, the Senate passed the CROWN Act (Create a Respectful and Open Workplace for Natural Hair), which will ban discrimination against employees based off their hairstyle.The bill was initially passed by Los Angeles Senator Holly J. Mitchell, who recently said in a speech, “A Google image search for ‘unprofessional hairstyles’ yielded only pictures of black women with their natural hair or wearing natural braids or twists.”She continued, “Although disheartening, not very surprising.”Toward the end of Mitchell’s speech, the importance of the bill was apparent and passed unanimously with a 37-0 vote to move forward to the State Assembly.Mitchell shared the news of the CROWN Act approval on Twitter, and many people were proud to see forward progress. One person wrote, “We hope this is the beginning of the end to racial discrimination based on hair in this country and around the world.”Copyright © 2019, ABC Radio. All rights reserved.last_img read more

Influence of trophic position and foraging range on mercury levels within a seabird community

first_imgSeabirds are often advocated as biomonitors for marine contaminants such as mercury (Hg). However, contaminant levels can vary widely depending on among-individual and among-species variation in foraging preferences and physiology, and on tissue types used for analyses. Using stable isotope analysis (SIA), we investigated the effects of trophic position, season, and tissue type on Hg burdens in a group of 10 closely related seabirds (Procellariiformes) from a single colony in the South Atlantic. Analysis of blood (reflecting breeding season diet) showed that among-species Hg concentrations varied as a function of trophic position (δ15N) and were also influenced to a lesser degree by foraging range (δ13C). This pattern did not hold for feathers, which reflect the non-breeding period. Mercury levels in feathers formed during the non-breeding season appear to be more strongly governed by species effects (such as moult schedule), demonstrating the need to carefully consider tissue type when formulating predictions regarding Hg burdens and dynamics. Assessment at a community rather than the species level, and across a number of tissue types, provided a more complete picture of the complex interactions between Hg and foraging ecology in seabirds.last_img read more

Welsh fees ban differs to England’s legislation in two major ways, guidance shows

first_imgHome » News » Welsh fees ban differs to England’s legislation in two major ways, guidance shows previous nextRegulation & LawWelsh fees ban differs to England’s legislation in two major ways, guidance showsWelsh agents are bracing themselves as ban looms on September 1st but won’t face a cap on security deposits and that default fees will cover a wider range of charges, unlike in England.Nigel Lewis15th August 20190893 Views The Welsh government has issued its guidance to letting agents and landlords ahead of the country’s fees ban due to go live on September 1st, highlighting the key differences between it and the existing English legislation.As in England, the ban only applies to tenancies entered into after the legislation begins – September 1st – including service charges or fees that may need to be paid after the start date but set out in tenancy agreements signed beforehand.The Renting Homes (Fees Etc.) (Wales) Act 2019 will also apply to tenancies that renew after September 1st.But two key and major differences exist aside from minor non-administrative details, according to ARLA Propertymark. These are  that in Wales there will be no limit on security deposits, and that the default fees clause is much wider than lost keys and chasing unpaid rent.The new tenant fees ban legislation permits eight kinds of payment including rent, a a security or holding deposit, default payments (when tenants pay their rent late and have to be chased) and also payments for council tax, utilities, television licence and broadband/phone services.Tenant fees banAgents are allowed to charge a tenant for the outstanding rent if they quit a tenancy early, something they can already do, but not to change a contract at the tenant’s request, for example to change tenant names for an ‘in common’  shared house contract.All other fees will be banned in Wales including check-in fees, check-out (or ‘exit’) fees and well as administration, inventory and guarantor fees, aligning Wales with both England and Scotland.The act will also ban agents from forcing tenants to take up utility or other ‘preferred services’ such as a deposit alternative as a condition of entering a tenancy.It will also be illegal to ‘load’ fees into the rent during the early months of a tenancy.“We have been expecting the release of the guidance and ARLA Propertymark will be reviewing it and producing a Tenant Fees Toolkit specific to Wales, with a broad range of resources which will be made available to members as soon as possible,” says David Cox, Chief Executive of ARLA (left).Cox last week claimed that the fees ban in England has already lead to rent rises since its fees ban went live on June 1st.Read the guidance in full. Welsh tenant fees ban ARLA Propertymark David Cox Wales August 15, 2019Nigel LewisWhat’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 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img read more

KY Farmers Could Start Using Hemp As A Crop

first_imgTwitterFacebook KY Farmers Could Start Using Hemp As A CropDECEMBER 13TH, 2018 AMANDA PORTER KENTUCKYKentucky farmers may have a new crop to add to their list of products that could help people struggling in the business.A farm bill passed in the House and Senate including provisions for industrialized hemp meaning small farmers could be seeing more green.This farm bill is said to empower struggling farmers through industrialized hemp cultivation, and Kentucky farmers are not newcomers to this game.Many farmers have been waiting to add a new crop to their bag, and with U.S, Senate majority leader Mitch McConnell’s backing of the bill among others Kentucky farmers could see a boost through industrialized hemp production.“How does a small farmer like me make a living,” says NE Farm and 5 Mile Marker owner Paul Glover.Some Kentucky farmers are struggling, but with a farm bill passing industrialized hemp could be added to their list of crops helping small farmers compete with big corporations.Paul Glover owns Ne farms and Mile Marker No. 5 in Hawesville and says the farm bill would help small farmers, and others.“We produce an oil a tincture if you will that helps people with any neurological disease. Parkinson’s disease, children that have epilepsy it has stopped their seizures cold, and that is one of the big reasons I have been doing this for the past five years,” says Glover.Kentucky isn’t new to the industrialized hemp world with research and pilot programs in recent years.“Kentucky did have a four or five year advantage over other states such as North Carolina and Tennessee and if a few of the other states, but they have been climbing up the ladder extremely rapidly. We are still plotting along and we are still trying to figure out the program,” says Glover.With the bill moving forward things could be looking up for farmers watching the bill closely for years.Glover says, “I’m sure it will help keep competitive with these other states who are coming out of the wood work.”The farm bill would also add crop insurance helping farmers like Glover who have taken big hits over the years.“I was out probably about $12,000 dollars of my product which runs into a substantial amount of money I had no recourse. Crop insurance will help and it will also help the regulatory people in the U.S.D.A to help the farmer,” says Glover.Industrialized hemp could be the green cash cow Kentucky farmers need.“They can grow industrial hemp and if they market it correctly or sell it to the right individual or the right processor they can once again have a viable small farm,” says Glover.Aside from the hemp stipulations the farm bill also fully protects crop insurance, makes significant improvements to rural broadband, and implements key changes to SNAP the supplemental nutrition assistance program. CommentsFacebookTwitterCopy LinkEmailSharelast_img read more

Ocean City Air Show Draws Crowds as ‘Fall’ Season Begins

first_imgRedline Air Shows — two aerobatic pilots from Ohio — fly over the beach at 11th Street during the annual Aerobatic Air Show in Ocean City, NJ on Sept. 13, 2015.Thousands lined the beach and boardwalk Sunday to watch the 2015 Ocean City Aerobatic Air Show.The crowds enjoyed a mix of sun and clouds on a cool September day that at one point had threatened rain.The annual air show is sponsored by the Ocean City Tourism Development Commission and the Ocean City Hospitality Association. It’s a free show that allows visitors to watch from the beach at a time of year when the air and ocean are both still warm. It’s one of many “second season” events that help attract Ocean City visitors through the fall.The show included seven performances featuring stunt pilots and formation teams. The Raiders Aerobatic Team opened the Ocean City Boardwalk Aerobatic Air Show on Sunday, Sept. 13, 2015.The show included:Raiders Aerobatic Team: The team provided a unique and exciting three-aircraft formation aerobatic demonstration.Andrew McKenna P-51D Mustang: McKenna flew in the single-seat fighter plane made famous in World War II and the Korean War.Scott Francis MXS: There are only 12 MXS stunt planes in the world today, and Francis displayed the craft’s versatility.USCG MH-65D Dauphin: The Coast Guard demonstrated a rescue swimmer at work.Redline Air Shows: A two-plane aerobatic team from Ohio was a crowd-pleaser.Redstar and Dragon: Two jets demonstrated military maneuvers.Andrew McKenna flies a WWII-era P-51D Mustang/last_img read more

Say it with organic sunflower oil

first_imgSonneveld has launched two organic release agents made from sunflower oil: Bio Release for releasing bread and bakery products and Bio Division 75 for lubricating dough dividing equipment and dough hoppers.They are 100% vegetable-based and contain no E-numbers, said the Netherlands-based company. They are also flavourless, odourless and leave no deposits.Sonneveld has updated its entire range of release agents and cutting oils so that all packaging now comes with new labels and clear colour coding for each product group.It has also updated its online ’release agent wizard’ questionnaire to help customers find the right release agent.The company’s portfolio of release agents includes: emulsions, pancoating and goldwax.last_img