Performance anxiety unsettles the UK’s IPOs

first_imgMonday 11 April 2011 7:49 pm THE waters surrounding London’s new issue market are not just choppy at present but seemingly infested by sharks. In the past couple of weeks bank advisers have been forced to pull the flotation of two strong companies, Topaz Energy, the Dubai-based oil services group, and the vacuum technology company Edwards. In both cases the decision went to the wire but advisers decided to take the least risky course of action, citing a multitude of excuses including the Japanese earthquake, middle eastern unrest and a crowded offerings queue.In the case of Perform, the media group in which Len Blavatnik holds a significant stake, the advisers headed by Morgan Stanley’s Emmett Kilduff and Credit Suisse’s Nick Williams, decided to press ahead with a flotation even after a delay caused by confusion over betting legislation.Perhaps the bankers are privately ruing that decision (though I suspect Blavatnik, who sold £150m worth of shares in the transaction, will not be too unhappy). One banker said: “I’ve rarely seen an IPO perform this badly,” as shares in the group fell from the 260p issue price to 210p yesterday. International Financing Review (IFR) says 33.2m shares were traded on the first day, with some saying many investors exited. “What the banks should have done is re-price the issue completely, not just bring it down by 10p,” said the source. Kilduff maintained yesterday the banks were right to have gone ahead, making Perform the first successful UK IPO of the year.Later this evening advisers from Morgan Stanley (again), Jefferies and Bank of America Merrill Lynch, will decide on whether to price shares in the online payments group Skrill. Morgan Stanley’s Simon Smith could be forgiven for feeling a tad nervous.Meanwhile it has been suggested to me that the bulge bracket banks are increasingly interested in hiring top talent in equities from the smaller, boutique banks. Hence a few weeks ago RBC swooped on Arden’s financials team, led by Jeremy Grimes and Sarah Spikes. This week I have been drawn to mention the recent hire by HSBC of Peter Hitchens, a top oil and energy analyst from Panmure Gordon. The likes of Panmure and Arden will always struggle to pay the kind of money that the bigger banks can, especially those like RBC who seem to have massive spending power. The boutiques can simply pay competitively against each other and hope that their convivial approach to business convinces their best people to stay rather than be seduced by the trinkets of gold on offer elsewhere. [email protected] whatsapp Performance anxiety unsettles the UK’s IPOs KCS-content Show Comments ▼center_img Share whatsapp Tags: NULL last_img read more

European Casino Association vice-chair departs

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: Europe Dietmar Hoscher has resigned from his role as vice chairman of the European Casino Association (ECA) with immediate effect. Casino & games Topics: Casino & games People Strategy Dietmar Hoscher has resigned from his role as vice chairman of the European Casino Association (ECA) with immediate effect.Hoscher, who has stepped down from the position due to serious health reasons, had been involved with the ECA board of directors since 2011. He was re-elected three times and his current term was due to run until February 2021.Within the ECA’s board, Hoscher oversaw two working groups that focused on responsible gambling and corporate social responsibility, as well as on legal and regulatory affairs.During his time with the ECA, Hoscher was involved with a number of projects, including being the initiator of the ECA Responsible Gambling Framework, the first ever catalogue of responsible gambling measures and processes.Hoscher also had a spell as the ECA’s head of legal and regulatory affairs, where he structured its information campaigns to raise awareness among the European Union institutions, regulators, non-profit organisations and other stakeholders in the sector.In addition, he represented the ECA European Parliament hearings, including in the discussions about anti-money laundering.“Mr Hoscher was an important leader within the ECA, always focused on the topics that challenge our industry – illegal, unlicensed gambling, money laundering, the protection of consumers, to name the most important ones,” ECA chairman Per Jaldung said.“The sustainability of the licensed casino industry was a mission for him and he made sure the ECA became a member of the UN Global Compact as the first and only gambling trade organisation. He was a dedicated representative of the ECA brand and was invited as a speaker to many of the major gambling congresses worldwide.“We will miss him, but we understand his decision. We wish him all the best for his future endeavours”.In September last year, the ECA announced that Philip Easthill had stepped down as its secretary general, while the organisation also set out a new structure for its secretariat.Following Easthill’s departure, the ECA implemented a new structure whereby Veronika Tisold now acts as its executive director, with support from Casinos Austria’s corporate social responsibility officer Hermann Pamminger as senior advisor.center_img 21st January 2020 | By contenteditor Subscribe to the iGaming newsletter European Casino Association vice-chair departs Email Addresslast_img read more

United Docks Ltd (UTDL.mu) Q32020 Interim Report

first_imgUnited Docks Ltd (UTDL.mu) listed on the Stock Exchange of Mauritius under the Property sector has released it’s 2020 interim results for the third quarter.For more information about United Docks Ltd (UTDL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the United Docks Ltd (UTDL.mu) company page on AfricanFinancials.Document: United Docks Ltd (UTDL.mu)  2020 interim results for the third quarter.Company ProfileUnited Docks Limited is a Mauritian real estate development company that indulges in real estate development, strategic investment, property management, warehousing as well as logistics solutions in the Republic of Mauritius. The company also engages in different segments of real estate which include business parks, office buildings and mixed-use developments. United Docks Limited is listed on the Stock Exchange of Mauritius.last_img read more

Why a market crash could be a great buying opportunity

first_img Our 6 ‘Best Buys Now’ Shares Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Roland Head owns shares of Royal Dutch Shell B. The Motley Fool UK owns shares of and has recommended Unilever. 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. Recent market jitters have left many investors worried that the stock market could crash in 2020. The growing economic impact of coronavirus seems to have increased the chances of a slump, at least in the short term.Today, I want to explain why I think we worry too much about market crashes. If you’re a long-term investor, then a crash can be a rare opportunity to buy great businesses at bargain prices.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…Buy the crashIn a market crash, the price of popular stocks might fall by 20% in a matter of weeks. Does this mean these companies are worth 20% less than they were before? It seems unlikely to me.Take consumer goods giant Unilever. This FTSE 100 firm can trace its roots back to 1871. Today, it sells over £50bn of products each year all over the world, under dozens of brands such as Lipton, Cif, Domestos and Hellmann’s.A stock market crash is unlikely to affect Unilever’s sales or profits. Although demand for some products might weaken during a recession, history suggests this will be a temporary pause in the group’s long-term growth.If Unilever shares fall during the next market crash, I’ll want to buy them, not sell them.Millionaire makersIn the 2008/9 stock market crash, Unilever shares held up relatively well. From their 2007 peak to the lows of March 2009, the stock only fell by around 30%. Within a year, the share price had regained its previous high. Buyers who bought at the bottom enjoyed a quick 50% gain.In fairness, some businesses suffered more extreme sell-offs during this big market crash. Shares of Royal Dutch Shell fell by 40% between May 2008 and October 2008. Plumbing supplies group Ferguson fell by 85% between June 2007 and February 2009. easyJet lost 60% of its value between April 2007 and July 2008.However, in every case, the share prices of these companies quickly recovered and have since risen to trade at much higher levels.Many of the investors who put cash into the stock market in 2008 and 2009 went on to enjoy life-changing profits. A fair number of people became millionaires, simply by buying companies whose shares had become too cheap to ignore. Going against the trend like this isn’t always easy. But the rewards can be huge.What I’d do nowMaybe the market will crash this year. Maybe it won’t. There’s no way to be sure. What I’d do is to stay invested in stocks, but allow some cash to build up in my portfolio, perhaps from dividends. I might also consider selling any positions where I have doubts about the quality of the business.I’d then build a list of stocks that I’d like to buy at cheaper prices. This would probably include some of the stocks I already own and would like more of. Think about what price you’d be happy to pay. For example, I’d be a ready buyer of Unilever if I could get a 4% dividend yield. That implies a share price of about 3,700p.Once all that’s done, I’d carry on as normal. If and when the storm comes, start buying and then wait for the market to recover. More than 100 years of stock market history suggests this is a safe bet — all you need is to keep a cool head and be patient. 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. 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. 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 Addresscenter_img “This Stock Could Be Like Buying Amazon in 1997” Image source: Getty Images Simply click below to discover how you can take advantage of this. Roland Head | Tuesday, 18th February, 2020 | More on: ULVR Why a market crash could be a great buying opportunity See all posts by Roland Headlast_img read more

LIVE STREAM: Joost van der Westhuizen Memorial from Pretoria

first_imgFriday Feb 10, 2017 LIVE STREAM: Joost van der Westhuizen Memorial from Pretoria A memorial is taking place in Pretoria today for the great Springbok Joost van der Westhuizen, who passed away on Monday. Supersport have provided a live stream of the event, which takes place at Joost’s beloved Loftus Versfeld, where he played for the Bulls for ten years.ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Related Articles 81 WEEKS AGO scottish prop saves fire victim 84 WEEKS AGO New Rugby X tournament insane 112 WEEKS AGO Vunipola stands by his comments supporting… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsDoctors Stunned: She Removes Her Wrinkles With This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items With A Secret Hidden PurposeNueeyThe 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

Celio Apartment / Carola Vannini Architecture

first_img Photographs 2011 Residential Architecture ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/198497/celio-apartment-carola-vannini-architecture Clipboard Architects: Carola Vannini Architecture Area Area of this architecture project Celio Apartment / Carola Vannini ArchitectureSave this projectSaveCelio Apartment / Carola Vannini Architecture Save this picture!© Stefano Pedretti+ 26 Share Year:  Area:  240 m² Year Completion year of this architecture project CopyResidential Architecture, Apartment Interiors•Rome, Italy Photographs:  Stefano PedrettiText description provided by the architects. This luxurious apartment, located close to the Colosseo area, has been reorganized through a complete and detailed design project. Save this picture!© Stefano PedrettiThe client’s main need of opening the space toward the outside landscape, generated a design characterized by light and airy rooms. Save this picture!© Stefano PedrettiSeveral windows have been reopened and the interior distribution has been changed in order to create multiple perspectives. The main space of the day area is the kitchen volume, which relates directly to both the entrance and the living room. It is designed as an isolated volume, separated from ceiling and floor with continuous LED lights. Two white sliding-glass doors allow the kitchen to be open or closed, depending on the user’s needs. Save this picture!© Stefano PedrettiThe living room has a minimalist flair and its furniture (designed by the architect) creates a balance with the interior architecture. The lighting system has been carefully studied in order to emphasize perspectives and space depth. Save this picture!© Stefano PedrettiA direct relation to the exterior area is underlined by the wooden floor that extends from the interior space into the balcony. Save this picture!after works planThe black door and window-frames create a painting-like effect by framing the surrounding natural landscape. Save this picture!© Stefano PedrettiThe kitchen has a sculptural valence that partially hides its real function. Nevertheless, practical needs are not underestimated thanks to the creation of big cabinets and a white corian kitchen island (ideal for quick meals and as a work top). Save this picture!© Stefano PedrettiThe night area has three bedrooms, three bathrooms and one office space. The corridor that leads to them has been designed in order to open up the space through the use of niches and lights. Save this picture!© Stefano PedrettiA long built-in cupboard, which perfectly merges with the architecture, gives up on classical doors and replaces them with backlit printed plexiglass panels. The master bedroom is naturally lit by two big windows and has a nice banked relaxation area, coated with grey resin. This material creates a continuity with the grey wooden floor. Save this picture!© Stefano PedrettiA jacuzzi is situated into the banked platform. Save this picture!© Stefano PedrettiTwo symmetrical walls lead into the walk-in closet area and then into the master bathroom. The master bathroom has the same colors and geometries as the bedroom. The white bathroom fittings and cabinets stand out against the grey walls and four green wooden cabinets are the only colored elements. Save this picture!© Stefano PedrettiThe kids’ bedroom, with its coordinated bathroom, creates a fairy tail world separated from the rest of the apartment. Everything recalls play time. Purple is the main colour in both the bedroom and bathroom. The bathroom’s fittings are emphasized through the wall’s purple-resin veneer. Save this picture!© Stefano PedrettiIn the guest bedroom (also used as a gym area), relaxation, exercise and free-time spaces alternate. The guest bathroom is characterized by a strong red color. It is located close to the gym and has a comfortable hammam space, also usable as a normal shower. Save this picture!© Stefano PedrettiThe office is placed at the end of the corridor and has its own entrance, which allows for flexible and independent use. The wengé wooden furniture, with its warm and sober colors, is designed by the architect.Save this picture!© Stefano PedrettiProject gallerySee allShow lessTransit Oriented City – Dongtan Central Business Master Plan / Ojanen Chiou Architec…ArticlesForumtorget / White ArchitectsArticlesProject locationAddress:Roma, ItalyLocation to be used only as a reference. It could indicate city/country but not exact address. Share CopyAbout this officeCarola Vannini ArchitectureOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureInterior DesignResidential InteriorsApartment InteriorsDabasRomeHousing3D ModelingItalyPublished on January 11, 2012Cite: “Celio Apartment / Carola Vannini Architecture” 11 Jan 2012. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogSinkshansgroheBathroom Mixers – Metropol ClassicVinyl Walls3MVinyl Finish – DI-NOC™ StonePartitionsSkyfoldVertically Folding Operable Walls – Zenith® SeriesPanels / Prefabricated AssembliesProdemaProdEx Wood Facade in the Aspen Art MuseumSealantsSikaRenovation of Zeitz MuseumSinksBradley Corporation USAVerge Coordinated Soap Dispenser and Faucet SetsWoodLunawoodThermo Timber and Industrial ThermowoodAcousticFabriTRAK®FabriFELT™ for Walls and CeilingsGlassDip-TechDigital Ceramic Etch PrintingWindowspanoramah!®ah! Ultra MinimalistEngineered Wood FlooringAustralian Sustainable Hardwoods (ASH)Australian Oak Engineered FlooringLouvers / ShuttersConstruction SpecialtiesSunshades – Airfoil LuxMore products »Read commentsSave想阅读文章的中文版本吗?切利奥公寓 / Carola Vannini Architecture是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Italy Projects “COPY” Celio Apartment / Carola Vannini Architecture “COPY” ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/198497/celio-apartment-carola-vannini-architecture Clipboard ArchDailylast_img read more

Number one priority

Howard Lake | 15 April 2000 | News Number one priority This time next week the latest major change to the UK’s telephone numbering system will have been implemented. This time next week the latest major change to the UK’s telephone numbering system will have been implemented. With only 7% of the public in the affected areas aware of what their new numbers will be, according to telecoms industry body The Big Number, it is essential that charities get their relevant systems reprogrammed to handle the change. And that includes checking that your telephone number is published correctly on your Web site, an obvious alternative route for many supporters keen to contact you but who encounter a failed connection tone on their ‘phone. Find out more from The Big Number, or use BT’s Web site, with its online number-changing tool. You can even download the BT site to your PC or charity’s intranet. Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  12 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Problems with converting your data? Find out your options with MarketingFile.com. About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. read more

Ecclesiastical’s Movement for Good to give £1m to charities

first_imgLat year’s recipients included charities such as: Free images to help charities invite nominations for Movement for Good Tagged with: corporate fundraising Funding Ecclesiastical’s Movement for Good to give £1m to charities The Movement for Good awards have so far given £2 million to good causes across the UK. Howard Lake | 24 May 2021 | News health organisation Lifesavers ScotlandTenovus Cancer Care in CardiffCentral Youth Theatre in Wolverhamptonthe Forget Me Not Children’s Hospice in Huddersfieldthe Forever Hounds Trust in Oxford. Ecclesiastical’s 12 days of giving opens for nominations (10 November 2020) You can read Ecclesiastical’s latest Movement for Good report. “Our Movement for Good awards will continue to help charities at a time when they need it most and we know that for many charities, £1,000 can make a real difference. Founded in 1887 to provide insurance for the Anglican Church, the company now offers a wide range of commercial insurances, as well as home insurance, selling through brokers and directly. Ecclesiastical Insurance Group has launched its Movement for Good awards 2021, offering for the third year running to give £1 million to charities. £2 million donated so far “Ecclesiastical, the fourth largest corporate donor in the UK, is a unique financial services group. We are owned by a charity, which means all available profits can be given to the good causes that are so important to our customers. As a company whose purpose is to contribute to the greater good of society, charitable giving is at the heart of our business.” From today, people can nominate their favourite charity to win a donation of £1,000. Last year over 253,000 people nominated a good cause. Mark Hews, Group Chief Executive of Ecclesiastical Insurance Group, explained how Ecclesiastical operates: This year donations will be made in two stages. In the first phase of the campaign 500 charities will each receive £1,000. Later this summer a second phase will see a further 500 charities receiving their donation. Advertisement How to nominate AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis34  1,485 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis34 He added: The nomination process is open from 24 May until 13 June 2021. There is no charge to nominate of course. Winners will be drawn at random and the more times a charity is nominated the more chance it has of being selected.Ecclesiastical has, once again, produced a range of free downloadable images and suggested text messages for charities to use to invite their supporters to nominate them. About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

Bag-snatch arrest

first_imgBilly Lee names strong Limerick side to take on Wicklow in crucial Division 3 clash TAGSbag snatchfeaturedgardai. RoxborolimerickrobberySt Nessans WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Previous articleThe bright side of Breastfeeding AlfrescoNext articleCrash witness appeal Bernie Englishhttp://www.limerickpost.ieBernie English has been working as a journalist in national and local media for more than thirty years. She worked as a staff journalist with the Irish Press and Evening Press before moving to Clare. She has worked as a freelance for all of the national newspaper titles and a staff journalist in Limerick, helping to launch the Limerick edition of The Evening Echo. Bernie was involved in the launch of The Clare People where she was responsible for business and industry news. Twitter WhatsApp Gardaí have arrested a man in his 20s following a robbery from a woman on St Nessans Road, Raheen, on Wednesday.Around 3pm Gardaí received a report that a man had stolen a handbag from a woman who was walking on St Nessans Road. Gardaí carried out a search of the area and a man was located hiding in a nearby bush.He was arrested and brought to Roxboro Road Garda Station where he is currently detained under Section 4 of the Criminal Justice Act 1984.Sign up for the weekly Limerick Post newsletter Sign Up Linkedin RELATED ARTICLESMORE FROM AUTHORcenter_img Limerick Ladies National Football League opener to be streamed live NewsBreaking newsBag-snatch arrestBy Bernie English – September 13, 2018 3124 Facebook Limerick’s National Camogie League double header to be streamed live Advertisement Print Email Donal Ryan names Limerick Ladies Football team for League openerlast_img read more

Three injured in two-car crash

first_img Twitter WhatsApp Facebook Pinterest A woman eight months pregnant and an elderly couple were injured in a rollover crash Thursday afternoon.Odessa Police and Odessa Fire Rescue were called about a rollover around 1 p.m. Thursday at the intersection of Grant Avenue and 17th Street.Emergency vehicles arrived on scene to find a Kia flipped over on its top and a Cadillac with its front caved in at the intersection.Patrick Takeda, who was sitting in his car at the intersection when the accident happened, said the Kia was trying to turn left onto Grant Avenue, causing Cadillac, being driven by a woman, to collide into its side, which caused the Kia to flip over.Dispatch stated over the radio that the couple inside of the Kia was taken to Medical Center Hospital, and the woman in the Cadillac was taken to Odessa Regional Medical Center.A woman who was at the scene of the accident had talked to the woman driving the Cadillac before she was taken away by ambulance, who said she was eight months pregnant.The condition of the three victims is unknown at this time. Local News By admin – April 12, 2018 Twitter Facebook Pinterest Three injured in two-car crash WhatsApp Previous articleMcDonald violates bond, back in jailNext articleHIGH SCHOOL SOFTBALL: Permian, Odessa High return to diamond adminlast_img read more