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. See all posts by Christopher Ruane The Trainline (LSE: TRN) share price lost 49% over the past year – with most of the fall this week. Could the fall in the Trainline share price be a buying opportunity for my portfolio?Recent Trainline share price movementSometimes shares drift lower over months or years. By contrast, Trainline’s dropped like a stone on a single piece of news. The government released a review of train policy, including a proposal to set up its own ticketing platform. That could compete directly with Trainline.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…That threatens the company’s revenue and profits in the UK, its key market. Worried about that, analysts marked the shares down heavily. If the plans come to pass, I think it could hurt the company’s sales significantly.But I think the reaction was overdone, for several reasons.Mitigating factorsFirst, the idea is just a proposal right now. There is no concrete plan or timeline for it to be implemented. Nor does it have a precise shape. It might never come to pass. At this stage, the review is doing no more than floating a kite.But even if it does pass, I think that it could actually be good for Trainline. The company has worked over two decades to set up its ticketing platform. Technically and commercially that is a huge task. If the government wants to do so from scratch, it may need to lean on Trainline’s expertise or simply buy the company outright.Longer term concernsDespite thinking the price plunge was over done, I still have concerns about Tranline. My main worry about the Trainline share price is nothing to do with the government review. Instead, I have concerns about its underlying business model. Even without a putative new competitor, those concerns remain.Trainline basically acts as an agent for train companies. But a lot of them don’t need agents, as they can sell their own tickets. Moreover, its business model puts Trainline in what I see as an unattractive part of the value chain. During the pandemic, for example, the government was willing to spend billions of pounds in non-refundable subsidies to keep trains and buses running. But the government wouldn’t subsidise ticketing companies like Trainline, other than the standard measures offered to all businesses.Meanwhile, revenues have cratered. Trainline’s interim results showed revenue down 74%. The loss per share widened from 17.7p to 19.1p. More alarmingly, operating free cash flow of £59m the prior year turned into cash outflow of £146m. The company has liquidity, but the cash outflow is another indicator to me that the business model lacks resilience.My next move on the Trainline share priceDespite the fall in the Trainline share price, I won’t be taking the opportunity to buy into the company.I don’t like the way the company’s fortunes are strongly tied to a host of factors outside its control. From government transport policy to passenger demand in post-pandemic working patterns, Trainline suffers financially from things it cannot control. One FTSE “Snowball Stock” With Runaway Revenues Our 6 ‘Best Buys Now’ Shares Grab your free report – while it’s online. christopherruane 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. The Trainline share price has come off the rails – here’s my move Simply click below to discover how you can take advantage of this. Looking for new share ideas?Grab this FREE report now.Inside, you discover one FTSE company with a runaway snowball of profits.From 2015-2019…Revenues increased 38.6%.Its net income went up 19.7 times!Since 2012, revenues from regular users have almost DOUBLEDThe opportunity here really is astounding.In fact, one of its own board members recently snapped up 25,000 shares using their own money… So why sit on the side lines a minute longer?You could have the full details on this company right now. Enter Your Email Address Image source: Getty Images. Christopher Ruane | Wednesday, 26th May, 2021 | More on: TRN
Linkedin Email Pressure on council to purchase KOB Houseby Marie HobbinsSHOULD the owners of the Mulgrave Street ancestral home of the author, Kate O’Brien like to donate the property to Limerick City Council, the local authority would be very glad to accept it.Director of services, Pat Dowling has told a meeting of the Cultural and Sporting Strategic Policy Committee that although the selling price of the property has dropped considerably, the city council has no plans to purchase the spacious, red brick structure.Sign up for the weekly Limerick Post newsletter Sign Up Cllr Kathleen Leddin said it is a shame that the city council cannot reciprocate by “doing something substantial to honour the author in her own city”. Mayor Jim Long said that now that the property has gone to public sale, he will be urging the council’s property department to “take a look at it.“It is now going at a give-away price and I believe that the council should move to purchase it”. Clareview avenue signs get faceliftTHE residents of Clareview can rest assured that the street signs in their area have not disappeared into thin air.“The local people were mystified when they discovered that the signs were not in place, but I can allay their fears as I’ve received clarification from the city council on the issue,” says Deputy Wilie O’Dea.“Many residents in the Clareview area were in touch to express their concern, but I can reveal that the signs have been removed so that they can be cleaned and painted before they are returned to their original positions”. NewsLocal NewsNews bitesBy admin – October 28, 2011 664 Twitter Print Advertisement Facebook WhatsApp Previous articleThrough a Glass DarklyNext articleAlarm that medical card holders could be hit admin
continue reading » The tax treatment conveyed on credit unions continues to serve the purpose for which it was created and is one of the best investments that the government makes in its citizens, concludes a new white paper from CUNA on the credit union tax status. CUNA released the white paper to show the numerous benefits realized by Americans due to credit unions’ presence in the market, and how any change to the credit union tax status would result in a significant loss of those benefits.“Taxing credit unions would result in negative consequences for savers and borrowers, the most severe of which would be the erosion of a credit union option for millions of Americans. If taxed, a significant number of larger credit unions would likely convert to banks and an equally significant number of smaller credit unions would likely liquidate,” the paper reads. “The remaining credit unions would have to pass the burden of taxation through to their members because they are wholly owned cooperatives, increasing the cost of accessing mainstream financial services. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
WEST PALM BEACH, Fla. — A man who flew to West Palm Beach despite knowing he was infected with coronavirus has been banned from any future flights with JetBlue.The man is currently being isolated after arriving Wednesday night at Palm Beach International Airport Wednesday aboard a JetBlue flight, according to the Florida Department of Health.JetBlue flight 253 landed at 8:53 p.m. from New York’s John F. Kennedy International Airport, but the airplane remained on the tarmac instead of proceeding to gate C12.Passengers departed the aircraft around 10:45 p.m.On Thursday, the Florida Department of Health released this statement about the incident:“The Florida Department of Health was made aware that a passenger traveling through the Palm Beach International Airport tested positive for COVID-19. Upon being notified, the Department immediately began working with the CDC to conduct an extensive epidemiological investigation to determine which passengers may have had close contact with the individual. Any individual who is a close contact with this individual will be informed to self-monitor and will be contacted further by the Palm Beach County Health Department. The individual who tested positive is isolated at this time.”
“Since the first year Selkirk College won a championship, all the other teams have been trying to knock the Saints off,” says Milligan, who will graduate from the Saints after three years with the team. “They want the top spot and know that they have beat the best team. That is another motivation for us, we are going into these games knowing that the teams want to beat us that much more. As a team, I think we have the group that can continue this dynasty.”The Saints closed out the BCIHL regular season with a weekend split against the Eastern Washington University Eagles. They scored a 4-1 win on Friday night at the Castlegar & District Recreation Centre and then dropped a 5-3 decision in Cheney, Washington the next evening. Eight different Saints—Milligan, Matt Martin, Garrett Halls, Ryan Edwards, Brady Ward, Troy Maclise and Wade Johnson—scored goals over the weekend.Despite finishing in third place with a 14-9-0-1 record during the regular season and entering this year’s post-season as the underdogs, Saints players are confident they have the experience to overcome the challenges ahead.“It’s a different feeling starting the playoffs on the road, but I like the confidence of the team right now,” says Edwards, a third-year Saints forward. “It will take a lot of hard work and everyone buying into the system… it’s simple but it works.”Already the most decorated team in BCIHL history, the Saints will need an entire team effort if they are to bring home the provincial banner later this month.“It’s going to be an interesting playoffs,” says Saints coach Brent Heaven. “I think we can beat every team in this league and I think they all feel the same. Three games jammed into one weekend, there is a lot of emotion and energy… it can shake out in ways you don’t imagine. You certainly can’t count any of these teams out.”The Saints begin defense of their BCIHL title against the Spartans on Thursday night at the George Preston Recreation Centre in Langley. The teams play Game Two on Friday night and if necessary Game Three will be played Saturday. Should the Saints win their series and the University of Victoria upset top-seed Simon Fraser in the other semi-final, Selkirk College would host the best-of-three league championship final starting March 17. The Selkirk College Saints start defence of their British Columbia Intercollegiate Hockey League (BCIHL) championship title on Thursday in Langley against the Trinity Western University Spartans in a best-of-three semi-final series.The Saints have won four straight BCIHL championships and will be looking to make more history in the next couple weeks with a fifth title. If they are to be successful, the third-place Saints will need to conquer teams that finished higher in the regular season standings.“As a team we have to find a way to go down and try to win in Trinity because that’s a hard arena to play in,” says Saints’ veteran forward Alex Milligan. “The arena is big and it’s quiet, nothing like what we get to enjoy at home. We have to bring our own energy as a team because we can’t rely on our home fans to help bring that energy.”A member of the BCIHL since 2006, the Spartans are hungry for their first championship. Trinity Western has been close before, but in both 2014 and 2016 the Saints beat the Spartans in the league final to claim their second and fourth titles. The Spartans held the advantage in the 2016-2017 regular season, beating the Saints four times and losing twice.
He said that, although the Setas continued to face challenges, the government was committed to keeping them. “That is what really requires a big improvement,” said Nzimande, adding that the National Board of FET colleges and the department would carry out an urgent national audit on the various institutions’ governance and administration. Setas were mandated to spend R16-billion and training, with the National Skills Fund making available a further R5-billion. In a bid to close South Africa’s skills gap, the country’s colleges and sector education and training authorities – both now under the Department of Education – are to work closely together to increase college enrolment and place college students in workplace programmes. Debate has raged for some time over whether the country’s 23 Setas were responding adequately to SA’s skills challenge, and Nzimande pointed out that he didn’t believe that there was any need to scrap any of the Setas at present. Continued government support Nzimande said a skills development summit was being planned for first half of 2010 that would look at questions such as whether the number of Setas should be scaled down or not. He said that while it was business as usual at the Setas, the greatest weakness in South Africa’s skills development system was the lack of alignment between the country’s Further Education and Training FET colleges and Setas. “The shape of our post-secondary system is not appropriately balanced between universities and colleges, and while access to universities must be increased, enrolment in colleges must double in the next five years,” he said. 5 November 2009 “I don’t buy this idea that just because there are problems with these Setas that we don’t need them,” he said. Nzimande said challenging work lay ahead to make FET colleges institutions of choice for more young people and adults. The audit would also look at whether there were colleges that needed assistance on quality assurance. Commenting on the government’s R2.4-billion training layoff scheme, Nzimande said the department would monitor Setas that were carrying out training under the scheme, to ensure that “each and every rand and cent is well spent”. Speaking in Cape Town this week, Higher Education and Training Minister Blade Nzimande said his department had taken over control of the country’s Sector Education and Training Authorities (Setas) from the Department of Labour. The department was also looking at better aligning the needs and provisions of training and skills development and would be looking at developing better research so that data on such things as skills shortage could be readily available, he said. Institutions of choice “Our commitment is on really strengthening the Setas and that they are accountable and able to spend this money in a systematic way,” he said. “We think they are the best vehicles we have at the moment.” Source: BuaNews
Share Facebook Twitter Google + LinkedIn Pinterest By Chris ClaytonDTN Ag Policy EditorOMAHA (DTN) — When the co-owner of a Minnesota pet food manufacturer got a brief chance to speak to Agriculture Secretary Sonny Perdue and Minnesota members of Congress at a farm show earlier this month, she told them the Food and Drug Administration is damaging both pet-food companies and pulse crop farmers.“The FDA has just put a knife in the back of the pulse industry,” said Sarah Barrett, whose family operates Barrett Petfood Innovations in Brainerd, Minnesota. The company manufactures about 65 million pounds of pet food annually and mostly uses peas, chickpea (garbanzo) beans and other pulses.Pulse crop farmers are coping with trade and tariffs like other farmers, but pulse crop producers and some pet food companies are also losing business because FDA is arguing it’s possible pulse crops in dog food are causing at least some dogs to have enlarged heart problems.FDA has been looking for more than a year into dogs with dilated cardiomyopathy (DCM), which is effectively an enlarged heart disease. In late June, FDA issued a warning to consumers and released a detailed report of 560 cases of DCM in goods from last December through April, and the dog foods associated with those cases. FDA noted a high volume of cases in dogs that weren’t typically genetically disposed to DCM, including golden retrievers and retriever mixes. FDA then highlighted 16 dog-food brands associated with most of the cases reported to the agency. The overwhelming volume of cases involved pet foods containing peas, lentils, chickpeas, beans and potatoes. Most of these pet foods are considered “grain free” in that they do not contain corn, soy, wheat, rice or barley.FDA stated they were continuing to investigate and working with veterinarians and the pet food industry.People in the pulse crop industry, though, say FDA has overstepped its bounds in drawing a direct link to specific pet food ingredients in a sample size of 560 cases of enlarged hearts out of a dog population of roughly 77 million.Barrett’s company blends pet food formulas for other pet food producers. She noted tens of millions of dogs right now are eating grain-free diets. Pet food overall uses between 10% and 20% of U.S. peas, lentils and chickpeas. The volume has grown over the years as more pet food brands have developed higher-end “grain free” pet food varieties that lean more heavily on pulse crops. That market has taken off in recent years.From 2007 to 2017, the growth of grain-free pet foods soared from about 15% of the market to 44%, a 2018 New York Times article cited. The growth of those feedstuffs sparked more concerns about the food, and levels of taurine, an amino acid dogs need for healthy hearts, though enlarged hearts are often related to other diseases as well.“There are more dogs diagnosed every day with cancer and we’re not associating that to any sort of food,” Barrett said.Pulses, though, have been in pet food formulations going back more than 30 years, said Tim McGreevy, CEO of the USA Dry Pea & Lentil Council. We’ve been feeding pulse crops to pets for a long time and feeding them well,” McGreevy said. “What’s been disappointing about these announcements is they have highlighted the ingredients and put that front and center in their announcement, specifically peas, lentils and other legume seeds, as well as potatoes. We feel this a very unfair characterization.”The bulk of pulse crops going into pet food are dried peas, but the volume of lentils and chickpeas going into higher-end pet foods has been growing as well. The pet food market now accounts for about 10% of pulse crop sales, and has steadily increased over time. “It’s been a growing market for us really for about the past 10 years,” McGreevy said. “The pet food market has been a significant opportunity for our crops. We haven’t lost it yet, but certainly if we can’t get this straightened out, it’s going to have an impact on pulse-crop producers if we can’t turn this around.”The announcements state FDA hasn’t drawn any conclusion on what is causing this DCM. The headline in June notes a “potential link between certain diets” and DCM. Still, the agency called out the pulses, other legumes and potatoes. “In the consumer’s mind, it looks like pulses are the problem, but in fact, they don’t know the cause and the cause is very complex,” McGreevy said.Eastern Montana farmer Chris Westergard, president of the Northern Pulse Growers Association, said he has spoken with most processors in Montana and North Dakota, the two largest states for most pulse crops. Westergard said processors are attributing a decline in sales to the FDA’s actions.“They (processors) all said the slowdown is directly related to that issue and that obviously affects the prices we get on the farm,” Westergard said. “They are not trending up, I can tell you that. It’s kind of an odd deal that FDA is doing this. It’s a pretty good chunk of our market that is starting to disappear, so hopefully something changes.”Barrett also pointed out Canada gets roughly half its dog food from U.S. suppliers. Yet, regulators in Canada and the European Union, another large market, are not taking actions similar to FDA so far.“The U.S. supplies Canada, I think, with about half of its dog foods, and those are the exact same formulas being fed in the U.S., no different,” Barrett said. “This magically isn’t a problem anywhere else in the world.”INDIAN TARIFFSWhile pulse crop farmers and the pet-food industry battle FDA, pulse crops have seen India put a 33% tariff on all imported lentils; a 50% tariff on all imported peas; and a 66% tariff on chickpeas. In addition, India added another 10% tariff on U.S. pulse crops because of steel and aluminum tariffs the Trump administration placed on Indian metals. India was the top market for U.S. pulse crops.“We’ve basically been shut out of the market because we have an additional tariff on top of the original tariffs,” McGreevy said.Green pea prices are running $8.33 to $8.75 per cwt, depending on variety and location. Lentils are running $12 to $13 per cwt in Montana and North Dakota, down more than half since 2017. Chickpea producers had a bumper crop in 2018 that brought down prices dramatically but are selling at a range from $13 to $20 per cwt.In July, one of the Northern Plains larger pulse crop processors, JM Grain Inc., filed Chapter 11 bankruptcy. AgWeek cited the company’s sales had fallen from an average of $13 million down to roughly $3.5 million. The company cited tariffs from India, China and the European Union as “effectively shutting down those markets.”FAKE MEAT PULSESA positive for pulse crops right now is coming somewhat from the new rage of plant-based proteins such as Beyond Meat products. While some of these meat alternatives rely heavily on soy, others use pea concentrates and fava beans. At a pulse crop industry meeting this week in Montreal, Canada, one slide posted on social media showed a 500% increase in product launches containing pulse crops over the past decade.McGreevy said product innovation is beginning to take off in pulse crops and other dry beans.“We’re ending up in just all kinds of food stuffs,” he said.” The product innovations that are happening with pulse crops right now are just phenomenal. There is a movement happening not just in the United States but around the world towards more plant-based options in the diet and blends of plant-based foods and animal proteins.”FDA’s statement on dog foods and DCM released in June: https://www.fda.gov/…Chris Clayton can be reached at [email protected] him on Twitter @ChrisClaytonDTN(SK/BAS)© Copyright 2019 DTN/The Progressive Farmer. All rights reserved.
Often said that your experience at the dawn of New Year’s is quite the script for the rest of the year ahead. Be it greatness of the food, the groove of the awe-inspiring music, or the beauty of the location where you are. The patrons at Escape’s Countdown Festival made sure that Delhiites take good time into 2014. The festival ringed in the New Year with the Ska Vengers performance at the Skinner stage while breathtaking fireworks lit the sky up. The Vibe stage on the other hand pumped up the trance rhythm as the clock struck 12. Also Read – ‘Playing Jojo was emotionally exhausting’An offshoot at Manesar – one of the coolest destination music festivals of the country – Escape-The Countdown Festival was the perfect year ender to unwind, the festival had 3 stages – Skinner, Vibe and the Boiler Room experience which featured spectacular music, along with art exhibitions, international cuisine alongside activities such as nature walks, mountain biking and rejuvenating spa treatments.The countdown festival showcased some of the finest musical performances from across the globe. The line-up at the festival had names like Antariksh, Big Bang Blues, Rusty Nails, The Ska Vengers, Aditi-Veena, Prateek Kuhad Collective, Jassb’stards, Jagramogara, Ectogasmics, Tadayan, Vaeya, Vipers vs K.T, Buffapirate, Frame / Frame, Shantam, Kumbhkaran, Blueorb, Curtain Blue, Guy called Sid Sal, Tech Panda, Post Modern Pandit, Uncoded followed by a new year’s brunch. Also Read – Leslie doing new comedy special with NetflixSpeaking about the Escape- The Countdown Festival, festival director L Tochhawng, said, ‘Simply put, how I wanted to bring in the New Year? With great music, non-stop festivity starting the 30th, going till the 1st noon, immersed in various genres of music, great food and a picturesque venue. It was a good start with a new festival to ring in the New Year. The last few years have made one thing very clear, we love our music festivals, so why not bid goodbye to the year gone by and bring in the New Year with a Mini Music Festival.’