Royal Swaziland Sugar Corporation (RSSC.sz) 2011 Annual Report

first_imgRoyal Swaziland Sugar Corporation (RSSC.sz) listed on the Swaziland Stock Exchange under the Food sector has released it’s 2011 annual report.For more information about Royal Swaziland Sugar Corporation (RSSC.sz) reports, abridged reports, interim earnings results and earnings presentations, visit the Royal Swaziland Sugar Corporation (RSSC.sz) company page on AfricanFinancials.Document: Royal Swaziland Sugar Corporation (RSSC.sz)  2011 annual report.Company ProfileRoyal Swaziland Sugar Corporation (RSSC) Limited is the largest company in Swaziland with interests in sugar cane farming and manufacturing refined sugar products and ethanol for regional consumption and import to the rest of Africa and Europe. RSSC produces beverage-grade ethanol that is used in alcoholic beverages as well as pharmaceuticals and water treatment products. The company produces feints used to manufacture methylated spirits and bio gels. It also produces compressed molasses stillage used to produce liquid fertilisers. RSSC manages approximately 15 600 hectares of irrigated sugar cane on two estates leased from the Swazi Nation and manages an additional 5 000 hectares of half of third parties. It has capacity to produce 2.3 million tonnes of cane per season and about 430 000 tonnes of raw sugar per season. RSSC is a subsidiary of Tibiyo Taka Ngwane with headquarters in Simunye, Swaziland. Royal Swaziland Sugar Corporation is listed on the Swaziland Stock Exchangelast_img read more

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Mauritius Oil Refineries Limited (MOR.mu) 2016 Abridged Report

first_imgMauritius Oil Refineries Limited (MOR.mu) listed on the Stock Exchange of Mauritius under the Food sector has released it’s 2016 abridged results.For more information about Mauritius Oil Refineries Limited (MOR.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Mauritius Oil Refineries Limited (MOR.mu) company page on AfricanFinancials.Document: Mauritius Oil Refineries Limited (MOR.mu)  2016 abridged results.Company ProfileMauritius Oil Refineries Limited deals in the production and distribution of edible crude oils, which includes the refinery, packaging and marketing of the finished products. The company also engages in the manufacturing of metal cans and plastic containers. Moroil operates through its subsidiaries, wholly owned Proton Limited, engaged in the rental services; Metal Can Manufacturers Limited, a metal containers manufacturer, in which it holds a 50.11% stake, as well as Pharmalab Plastic Supplies Limited, a plastic bottles manufacturer, in which the Company holds a 51.22% stake. The company has divided its activities into segments, which include oil products, metal cans and plastic containers, imported food products, and others. Mauritius Oil Refineries Limited is listed on the Stock Exchange of Mauritius.last_img read more

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Is the GameStop (GME) share price a ticking-time bomb?

first_img Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” Zaven Boyrazian | Tuesday, 1st June, 2021 | More on: GME 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. 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. 2021 has been a fascinating year for the GameStop (NYSE:GME) share price. The company saw its stock rise from $17.25 to nearly $350, only to then crash. But despite all the volatility caused by the short-squeeze, it’s now trading at around $220. That’s a 5,000% increase in 12 months! But is this valuation justified or a ticking time bomb? Let’s take a look. The bull case for the GameStop (GME) share price2020 has been a challenging time for most retailers. After all, lockdown restrictions made footfall in physical stores drop significantly. But GameStop has been struggling for many years due to the rising popularity of downloading digital copies of video games instead of buying a physical disk. This transition by gamers effectively made the company an unnecessary middleman, which saw its revenues slashed and earnings drop into the red.  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 is that about to change? Following the recent events, activist investor Ryan Cohen bought a 13% stake in the business and will become chairman of the board in June. He previously co-founded the online pet food business Chewy and intends to use his knowledge to transform GameStop into a “digital-first, omnichannel retailer”. Beyond this, the firm has also replaced its CEO and CFO, resulting in a brand new management team.This move towards higher-margin e-commerce appears to have given investors hope for the future potential of this business. And if successful, could enable the business to make a comeback. It’s also worth noting that the new management team recently signed a partnership with Microsoft. While there is limited information about this deal, it does include a royalty-like structure in which GameStop will receive a cut for each Xbox game sold on its website. But as promising as this may be, I remain quite sceptical about the GME share price.Troubling financialsWhether new management can achieve its goals remains to be seen. As it stands, there’s limited information available on what a digital-first GameStop will look like as no guidance has been issued.Looking at its recent financial statements, there appear to be some misleading signs of recovery that may be inflating the GME share price. While revenues declined by a further 22%, net losses were almost halved from $400m in 2019 to $238m in 2020. The lack of advertising, receiving, and distribution costs last year due to the pandemic substantially reduced the costs of sales. And this led to a seemingly improved bottom line. But looking at the gross profit margin, the firm’s profitability actually declined from 29.5% in 2019 to 24.7%.On the balance sheet, long-term debt was reduced from $420m to $216m. This is an encouraging sign for me. Yet the money didn’t come from sustainable sources such as operating profits, but rather from closing and selling 462 stores.The bottom lineTo keep the lights on, the management team turned to shareholders to raise additional capital. And in April this year, it successfully issued 3.5m additional shares, raising $551m.These new funds certainly give the business some breathing space. But, the online transformation of GameStop has only just started. And beyond the brand’s nostalgia factor, I can’t identify any discernible competitive advantages this business has in the online space.As far as I can tell, the valuation of the GME share price is being driven entirely from speculation rather than fundamentals. I’m not interested in adding it to my portfolio. See all posts by Zaven Boyraziancenter_img Enter Your Email Address 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. Image source: Getty Images. Zaven Boyrazian does not own shares in GameStop. 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. Is the GameStop (GME) share price a ticking-time bomb? Instead im far more interested in another high growth stock. Because did you know: Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!last_img read more

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Schoolboy suffers horrific double break below the knee – Injury update

first_imgMonday Jul 29, 2013 Schoolboy suffers horrific double break below the knee – Injury update South African schoolboy Martin Groenewald snapped his leg in two places during a match that was televised live across the nation at the weekend. It was horrific to see, but the good news is that the 18-year-old has since had surgery and is recovering well.Grey College (Bloemfontein) vs Grey High (Port Elizabeth) is one of the oldest fixtures on the South Africa schools calendar, dating way back to 1929 when the two sides first met.There were thousands on hand to watch the occasion at the weekend, but unfortunately post match it wasn’t the 50-28 Grey Bloem victory everyone was talking about, as Groenewald suffered arguably one of the worst leg injuries seen in rugby.Tackled by his opposite number, the lock landed heavily as his right leg buckled beneath him and the pressure of the two players caused a severe break in two places below the knee.Groenewald, who has reportedly signed a contract with the Blue Bulls, broke his tibia and fibula.It was clear for all to see, and apparently hear, as the referee stopped the match instantly and players from both sides turned away in shock after realising what had happened.Medics rushed the field and he was treated on the spot before being moved into an ambulance and rushed off to Bloemfontein Mediclinic for further treatment.The resultant surgery was a success and he was due to be released today, but will take up to four months to recover, and then will need to start a rehabilitation program. “I spoke to Martin’s father this morning and it seems the operation was a success,” said Grey High coach, and former Cheetahs lock, Rory Duncan. He added that assistant coach Tim Fraser had seen Martin after the operation. “Tim says he was in a certain amount of pain but it was slightly alleviated by the fact that he had 20 Collegiate girls next to his hospital bed.”If you’d like to send a message of support to Martin, you can leave a comment below or tweet himPLEASE NOTE: The leg break, and the few minutes that followed, can be seen below for those that are interested. The first fifteen seconds are not recommended for sensitive viewers. ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error See it to Believe it Related Articles 25 WEEKS AGO WATCH: Experts explain what actually happens… 26 WEEKS AGO WATCH: Leigh Halfpenny makes yet another… 26 WEEKS AGO Parisse alley-oop magic sets up brilliant… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyGranny Stuns Doctors by Removing Her Wrinkles with This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living10 Types of Women You Should Never MarryNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

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Early voting begins Monday

first_img Pinterest Pinterest Early voting begins Monday Facebook Twitter Facebook WhatsApp By admin – May 13, 2018 Local NewsGovernment 2018 Election logo Early voting for the May joint primary election runoff begins Monday.The only local election is on the Republican ballot for Precinct 2 justice of the peace. Voters will have the option to vote for either Matthew Stringer or Missi Walden.On the Democratic ballot, the only runoff election is between Andrew White and Lupe Valdez for the Democratic candidate for governor.Early voting will last all week from Monday through Friday. Voting booths will be open from 7 a.m. to 7 p.m. at the Ector County Courthouse Annex, 1010 E. Eighth St.Four other voting locations will be open this week from 8 a.m. to 5 p.m.:MCH Primary Care, 6030 W. University Blvd.Westlake Hardware Store, 4652 E. University Blvd.Odessa College Sports Center, 201 W. University Blvd.Family Health Center, 840 W. Clements St.Voters should bring with them their voter registration certificate and a photo ID, such as a driver’s license, with them when they go to cast their vote. Twitter WhatsApp Previous articleOUR VIEW: Highway, plaza feather in cap for OdessaNext articleJudges dealing with public defender shortage adminlast_img read more

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Increasing LPT for Mica homeowners ‘adds insult to injury’

first_img Increasing LPT for Mica homeowners ‘adds insult to injury’ Previous articleAnother solid weekend for Richard KerrNext articleStained glass windows smashed in suspected hate crime News Highland AudioHomepage BannerNews Facebook RELATED ARTICLESMORE FROM AUTHOR Google+ Twitter DL Debate – 24/05/21 News, Sport and Obituaries on Monday May 24th Pinterest Twitter Pinterestcenter_img FT Report: Derry City 2 St Pats 2 Google+ Arranmore progress and potential flagged as population grows WhatsApp Loganair’s new Derry – Liverpool air service takes off from CODA Important message for people attending LUH’s INR clinic There’s been further criticism over a decision by Donegal County Council to increase the Local Property Tax by 15%.Last week, Cllrs voted by a narrow margin to raise LPT by a maximum of 15% Donegal homeowners in 2020.However the move has been described as particularly wrong and unfair to the thousands of Donegal families affected by Mica.Donegal Senator Padraig MacLochlainn says this coupled with ongoing delays in rolling out a redress scheme is adding insult to injury:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2019/10/padthghjghjghmica.wav00:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. WhatsApp By News Highland – October 7, 2019 Facebooklast_img read more

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Call centres losing millions of working days to absence

first_imgCall centres losing millions of working days to absenceOn 1 Jan 2004 in Personnel Today Callcentres are losing millions of working days a year because of staff absence,according to a study.Thesurvey by technology organisation Dimension Data, for call centre firmMerchants, found absenteeism is a problem for the contact centre industry,which accounts for almost 3 per cent of the UK’s workforce.ItsMerchants Global Contact Centre Benchmarking Report 2003 found that UKabsenteeism was running at 8 per cent, equating to 10 million lost working daysa year among the country’s 500,000 call centre employees.Thestudy of more than 200 call centres around the world also reported very highstaff turnover rates, at 19 per cent globally, but up to 25 per cent in Europeand the UK.Thepoor attrition rate and absenteeism may be partly dueº to not enough emphasisbeing placed on career development, staff retention and salaries, which had notchanged much since 1999, the report suggested. AdrianGarton, contact centre HR manager at Merchants, said absenteeism levels were aconcern. “Although contact centre management would appear to be compensatingfor any agent absenteeism, this can only be a short-term solution, as it onlytreats the symptoms and will ultimately lead to increased ‘burnout’ rates amongthe supervisor levels,” he argued. TheHealth and Safety Executive (HSE), meanwhile, has called for greater ‘communitysharing’ among call centres to improve their occupational health record.Communitysharing is where employers share information to identify existing problems,assess risks and share best practice. Such an approach could help to addressconcerns about OH support in call centres. PsychosocialRisk Factors in Call Centres: an evaluation of work design and well-beingargues psychosocial issues are a major contributory factor to poor mentalhealth among call centre employees.Workingas a call handler is more stressful than working in other jobs, although notall staff are affected equally, or by the same factors, it suggested. Workingin some call centre environments, such as telecommunications and IT businesssectors, affected well-being more directly, it added.www.ccbenchmarking.com Previous Article Next Article Comments are closed. Related posts:No related photos.last_img read more

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Mayor Jay Gillian: All Invited to Enjoy Easter Events in O.C.

first_imgFive separate egg hunt areas will be set up for children of different ages during Ocean City’s Easter Egg Hunt, scheduled for 2:30 p.m. Saturday, April 4.The following is Ocean City Mayor Jay Gillian’s weekly update to citizens posted on Friday, April 3.Dear Friends:I hope you’ll find time to attend some or all of the many Easter activities and programs in Ocean City this weekend.The always fun Woof ‘ N Paws Pet Fashion Show will take place on Saturday at 11:00 am at the Sports and Civic Center at 6th Street off the boardwalk.The Great Easter Egg Hunt is scheduled for 2:30 pm between 11th Street and 14thStreet on the beach.  Children will participate in five age groups while looking for over 100,000 eggs.I know many of you have long family traditions of beginning Easter Sunday at the annual Easter Sunrise Service beginning at 6:30 am at the Music Pier.  This year’s guest speaker is Dr. Tony Campolo, author and Professor Emeritus of Eastern University.  This service is presented by the Ocean City Ministerium and benefits the Ecumenical Council’s Food Cupboard.Finally, the Easter Fashion Promenade begins at 1:00 pm in front of the Music Pier.  There will be prizes for best dressed participants and the Easter Bunny will distribute chocolate bunnies to children.Michele and I wish you all a very Happy Easter.  I hope you enjoy the holiday weekend with your family and friends.Warm Regards,Jay A. Gillian Mayor See more: Easter Events and Half-Price Ride Tickets in Ocean Citylast_img read more

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Starry Noises Off Revival Extends on Broadway

first_img Andrea Martin, Megan Hilty and a slew of sardines will be remaining on Broadway just a little bit longer. Noises Off is now scheduled to run through March 13; the limited engagement had previously been set to end on March 6. The revival officially opened on January 14 at the American Airlines Theatre.Helmed by Jeremy Herrin, Noises Off follows a director and his group of actors just hours before the opening night performance of the farce Nothing On. Lines are forgotten, love triangles are unraveling and sardines are flying everywhere. The comedy premiered on the Great White Way in 1983 and was nominated for the Tony Award for Best Play. It was first revived on Broadway in 2001 with a cast that included Patti LuPone and a recent inhabitant of the American Airlines Theatre: Peter Gallagher.The cast also includes Rob McClure, Tim Allgood, Campbell Scott, Tracee Chimo, Daniel Davis, David Furr, Kate Jennings Grant and Jeremy Shamos. Star Files Andrea Martin View Comments Megan Hilty Noises Off Related Shows Show Closed This production ended its run on March 13, 2016 Daniel Davis, Kate Jennings Grant, Andrea Martin, Campbell Scott & Megan Hilty in ‘Noises Off'(Photo by Joan Marcus)last_img read more

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GREEN MOUNTAIN POWER 9.09 PERCENT RATE INCREASE APPROVED

first_img            Green Mountain Power rates rose less than three percent betweenJanuary 2001 and the present increase, reflecting the success of our operationalefforts and the price stability offered by Green Mountain Power’slong-term contracts with the Vermont Yankee nuclear plant and with Hydro Quebec.             “This rate increase is driven by rising wholesalepower and transmission costs,” said Green Mountain Power president andchief executive officer Christopher L. Dutton. “Fortunately, through our continuedefforts to become more effective, we’ve been able to hold our other costsflat overall.” GREENMOUNTAIN POWER9.09PERCENT RATE INCREASE APPROVED Rising energy costs are driving up rates for other utilitiesin Vermont, New Englandand across the country. In Vermont,rate hikes approved in the last year ranged from four percent to 23 percent. InNew England, rate hikes pending or approved inthe last year were as high as 52 percent.  CONFIDENTIALITY NOTICE: The materials in this electronic mailtransmission (including all attachments) are private and confidential and arethe property of the sender. The information contained in the material may beprivileged and is intended only for the use of the named addressees above. Ifyou have received this email in error, please immediately notify the sender bytelephone (802) 655-8420 or send an email [email protected](link sends e-mail).  Thank you.             For more information, please call Dorothy Schnure, Manager,Corporate Communications, (802) 450-2213.             Green Mountain Power is the first electric utility in thestate to file a plan under this statute, which established a public policy goalof separating the financial success of a utility from increased electricitysales, thereby removing potential barriers to energy conservation. v\:* {behavior:url(#default#VML);}o\:* {behavior:url(#default#VML);}w\:* {behavior:url(#default#VML);}.shape {behavior:url(#default#VML);}st1\:*{behavior:url(#default#ieooui) } -30-             “This new regulatory framework creates some immediatebenefits for our customers, in that this rate increase is slightly lower thanit would have been without the efficiency savings built into this plan. Webelieve that as we move forward, the streamlined cost recovery and efficiencyincentives built into the plan will help us control costs and serve ourcustomers even better,” said Mr. Dutton.             COLCHESTER, VT…Green Mountain Power(NYSE:GMP) received on Friday approval from the Vermont Public Service Board toincrease its rates by 9.09 percent for electricity used beginning January 1,2007. The Board also approved a plan to establish a new regulatory frameworkfor the Company, as encouraged last year by the Legislature. The Company andthe Vermont Department of Public Service earlier this year reached a settlementagreement on both the rate increase and the alternative regulation plan.             The new regulatory framework approved by the Vermont PublicService Board this week streamlines the regulatory process and createsincentives for the Company to become even more efficient. The Board retains allauthority to review Company costs and set rates, but it can do so on a moreregular basis. SharonA. LuciaParalegalGreen Mountain Power163 Acorn LaneColchester, VT  05446802-655-8425Fax #[email protected](link sends e-mail)             The average bill for a Green Mountain Power residentialcustomer using 500 kilowatthours a month will increase by $6.19 per month, from$68.03 to $74.22. NEWS                                                                          FORIMMEDIATE RELEASE#31-06                                                                                      December22, 2006last_img read more

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