Our 6 ‘Best Buys Now’ Shares Enter Your Email Address Can the IAG share price take off after a record €7bn loss? Image source: British Airways FREE REPORT: Why this £5 stock could be set to surge Roland Head | Friday, 26th February, 2021 | More on: IAG International Consolidated Airlines Group (LSE: IAG) has just reported a record €7bn loss for 2020. The outlook remains uncertain for the airline group and although IAG’s share price has doubled since the start of November, the stock is still down by 50% on a year ago.However, I’m pretty certain British Airway, Iberia and IAG’s other airlines will survive the pandemic-induced downturn. I don’t think people are going to stop flying.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…With the vaccine rollout gathering pace and infection rates falling, I’ve been wondering whether I should take a fresh look at IAG shares.Is the worst over?I expected IAG to report terrible numbers for 2020. And they’re bad. Revenue fell by 69% to €7,806m last year, leading the group to report an after-tax loss of €6,923m.These numbers are historic, though. They represent something that’s already happened. If flying returns to normal later this year, then by 2022 we could see IAG trading profitably again.Indeed, broker forecasts suggest the airline group could report a €1.1bn profit in 2022. This may be why IAG’s share price is up by 7%, at the time of writing.Why I’m worriedAlthough the group’s losses may be in the past, they’ve left a mess. IAG’s net debt rose by 30% to €9.8bn last year, as the group borrowed money to survive. That’s bad enough, given that profits are expected to be lower for a couple of years, even after life returns to normal.Unfortunately, I think IAG’s debt levels are likely to continue rising over the next 12-18 months. IAG has been keeping costs under control by furloughing staff and parking aircraft. But I think the time will come soon when the company has to start spending, even if flying is still disrupted and unprofitable.Luckily, there’s no shortage of cash. IAG has secured more new funding than it needs and claims to have €10bn of “liquidity”. That’s banker-speak for cash and unused debt.The only problem is that this debt will have to be repaid at some point. I suspect getting IAG’s finances under control will occupy management for several years. I also have another big worry about the stock’s valuation.IAG share price: cheap enough to buy?Let’s wrap this thing up. I’m confident people will fly again, and I believe IAG’s main airlines will make a good recovery. Should I buy IAG shares? My decision depends on valuation.At a share price of 195p, IAG is trading at just 2.9 times 2019 earnings. That seems cheap. But it’s not accurate. Back in September, IAG raised €2.7bn by selling new shares. This increased the total number of IAG shares in issue from 2bn to almost 5bn. That will affect the airline’s earnings per share in future years. Even if profits return to 2019 levels, earnings per share will be much lower.My sums suggest today’s IAG share price of 195p is equivalent to a share price of 486p before September’s fundraising. That’s close to the all-time high of 495p seen in 2018.At this level, IAG shares are too expensive for me. I’ll be staying away unless IAG’s share price moves significantly lower. Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. Roland Head 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. 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. Simply click below to discover how you can take advantage of this. Get the full details on this £5 stock now – while your report is free. 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One of the Midwest’s finest facilities Alpine Valley Music Theatre in Elkhorn, Wisconsin will not be hosting any concerts this season. Live Nation announced that the outdoor venue will not open in 2017 due to a lack of tour routes that traditionally pass through the area. With Phish off the road, and Dave Matthews taking a year off with his Band, the Valley will remain quiet this summer.“It’s an unusual year in that a lot of artists we’ve traditionally hosted are playing in other buildings or not playing at all this season,” explains Jon Reens, the Vice President of Marketing for Midwest music at Live Nation.“Either they’re not coming through Wisconsin or are playing at places like Wriggly Field instead of Alpine Valley,” he says. “Dave Matthews, the band, isn’t touring this year. Dave Matthews and Tim Reynolds are touring together, but they’re playing at Huntington Bank Pavilion at Northerly Island in Chicago.”While Live Nation still worked to book the season with other noteworthy acts, they weren’t able to come up with the proper billings needed to open the venue for the 2017 season. “Whether it was touring schedules, or production design where they can’t fit on our stage, or other things, they were not able to confirm for 2017,” explains Reens.Instead, the time will be used to focus on revamping the venue with general maintenance and repairs for a great season next year. “We have absolutely zero intention of abandoning the facility,” he assures. “We are refocusing on 2018 to build a more robust schedule. We had to make a difficult decision to not open for this year, but we’re focusing on 2018.”Not totally random, but remember when the Famous Mockingbird “totally knew shitting on Trey would inspire him”? Read the full interview here.[via My Walworth County]
BMA OPENS NEW OFFICE IN BENNINGTONBENNINGTON, VT – BMA Architects & Planners has opened a new office in the recently renovated and self designed 210 South Street that stands in the heart of downtown Bennington.BMA’s new space occupies 2,000 square feet of the 38,000 square-foot historic commercial block and employs four highly motivated design professionals. Jeffrey Goldstone, AIA, has joined Principal Architect Kirk Moore, AIA, to manage a full spectrum of services from site selection and permitting through design and construction administration for both residential and commercial buildings.BMA was formed in 1990 to serve as an indispensable design partner to clients in the private and public sectors with other offices in Rutland, VT and Prescott Valley, AZ. BMAs portfolio includes: Factory Point National Bank, Manchester and Rutland, VT; Quechee Lakes Resort and custom family residences, Quechee, VT; Allen Pond Professional Park, a 62,000 SF of law and medical offices; and Applejack Art Partners 33,000 SF corporate headquarters in Sunderland, VT.BMA’s goal is to provide accurate, complete, comprehensive design services, on time and on budget, resulting in long-term relationships with our clients.BMA is a member of the Bennington Area Chamber of Commerce, The Better Bennington Corporation, Manchester & The Mountains Area Chamber of Commerce, and the Rutland Economic Development Corporation.
China buys big stake in 700 MW UAE solar project FacebookTwitterLinkedInEmailPrint分享CNBC:China’s Silk Road Fund is to acquire a 24 percent stake in a large scale solar power project in the United Arab Emirates (UAE), it was announced Sunday.The 700 megawatt Dubai Electricity and Water Authority Concentrated Solar Power (DEWA CSP) project represents the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, the biggest single-site solar park on the planet.The DEWA CSP project was awarded to a consortium led by Saudi Arabia’s ACWA Power in 2017. ACWA Power, which develops, owns and operates power generation and water desalination plants, said the plant was expected to save 2.4 million tons of carbon dioxide per year.“The introduction of a new investor into the DEWA CSP is absolutely in line with ACWA Power’s established strategy of sharing investments with value adding partners who will in turn bolster our projects,” Paddy Padmanathan, ACWA Power’s CEO, said in a statement. “We could not have found a more capable partner than Silk Road Fund to complement DEWA and us on what is the largest single renewable energy project underway in the world today,” he added.The Mohammed bin Rashid Al Maktoum Solar Park has a planned capacity of 1,000 megawatts (MW) by 2020 and 5,000 MW by 2030. It will use both photovoltaic and concentrated solar power technology to generate energy and will help to cut CO2 emissions by more than 6.5 million tons per year, according to DEWA.More: Vast solar power plant gets ‘significant’ investment from China’s Silk Road Fund
One of the most beautiful places in the Southeast, if not the U.S., just happens to be where three of the core states of the Blue Ridge come together. The intersection of Virginia, North Carolina, and Tennessee on the edge of National Forest land encompasses those traits we hold dear at Blue Ridge Outdoors, and we’re sure you do too. Small towns, open spaces, mountains, and rivers dot the landscape around this trifecta of states bisected by the Southern Appalachians. If it is adventure you are after in the Blue Ridge, this is the place to get it with the Virginia Creeper Trail, Mt. Rogers and Grayson Highlands, the South Holston and New rivers, and much more all within striking distance. Plus, the Appalachian Trail runs right through the region, and right through downtown Damascus, on it’s way into the mountains of Virginia. Indeed, Damascus touts itself as “Trail Town USA” due to the A.T., Creeper, Iron Mountain, Daniel Boone Heritage, and Crooked Road Musical Heritage trails all running through town or right by it.With this distance trail lineage, it is no wonder Damascus plays host to one of the biggest trail festivals along the A.T. Trail Days is a weekend long celebration of everything A.T. and distance hiking related, scheduled to coordinate with thru-hikers passing through town. This small hamlet becomes flooded with thru-hikers, former thru-hikers, campers, bikers, and plain old hiking enthusiasts. Vendors have the latest camping and backpacking gear on hand to demo or purchase and there are hiking workshops, clinics, and lectures from legends like Warren Doyle, Bill Walker and Jennifer Pharr Davis. Plus, free gear repair, gear auction, and of course the hiker parade. There is live music played by the pros throughout the day, and played by the amateurs at the campgrounds during the evening.This is the biggest and most robust hiking festival in the area, so if you are an A.T. enthusiast, it is not to be missed. Even if you are just getting into the distance or ultralight scene, or want to start, this is the place to be, where old and young, thru-hikers and A.T. alumni share their experiences, stories, and good will from the trail and beyond. Plus, the BRO Roadshow will be there so swing by the tent, say hey to Martha and the newest member of the BRO team Jess, and sign up to win some great prizes in our raffles being held throughout the weekend.View Larger Map
By Lorena Baires/Diálogo March 02, 2018 Joint efforts in Central America prove best to weaken organized-crime networks and terrorism.
continue reading » 9SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr CUNA is engaged with several activities on Capitol Hill this week, the last week both the House and Senate are in session before both chambers recess until June 5. CUNA Chief Advocacy Office Ryan Donovan urges credit unions to keep up the advocacy momentum over the recess, arranging credit unions visits, in-district meetings and other opportunities.“The upcoming recess is a great opportunity to get the credit union message out in policymakers’ home districts,” Donovan said. “We’ve seen some congressional attention on regulatory relief, and it’s up to credit union leaders to make sure we keep that momentum when Congress gets back.”One piece of regulatory relief legislation, the Financial CHOICE Act, will not make it to the House floor this week. It will likely receive consideration when the House returns from recess.CUNA is also engaged in the following hearings this week:Tuesday, 10 a.m. (ET): House Committee on Ways and Means second hearing in its series of hearings on comprehensive tax reform. CUNA wrote to the committee for last week’s tax reform hearing;
ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Lauren Culp Lauren Culp is the Publisher & CEO at CUInsight.com.She leads the growing team at CUInsight, works with organizations serving credit unions to maximize their brand and exposure, connects … Web: https://www.cuinsight.com Details Welcome to the CUInsight Minute, sixty seconds from our Publisher & CEO Lauren Culp with the top three of our favorite things from the week.Mentioned this week:Where Are All the Women CEOs?By VANESSA FUHRMANS, WSJWhy, when women earn the majority of college degrees and make up roughly half the workforce, do so few occupy the chief executive job? (read more)Alternative data in lending is here to stayby VELOCITY SOLUTIONSIf your credit union is using only traditional underwriting methods, chances are that you’re limiting your lending potential. The use of alternative data in underwriting opens credit avenues for members and small businesses that otherwise might have been closed to them. (read more)The CUInsight Experience podcast: Ryan Donovan – Taking the Hill (#61)by RANDALL SMITH, CUINSIGHT*Available now for subscribers, published Monday on CUInsight. “Never let the number of times you’ve gone around the sun be a limit on your potential,” Ryan Donovan. (listen)Plus: We’ll see you at the CUNA GAC next week! Follow us on Instagram @CUInsight for a special podcast-related giveaway!
“We have to criticize this case … it creates a lot of trouble for us,” Anutin said.The patient came to the hospital on Feb. 23, but did not disclose his travel history until the next day, B Care Medical Center said in a statement.The patient came into contact with 30 medical personnel at the hospital, who later tested negative for the virus and are in self-quarantine at home, the statement said.Passengers, cabin crew and students in the boy’s class were all being tested, officials said. Thailand reported three new cases of a coronavirus on Wednesday, taking total infections to 40, health ministry officials said, criticizing patients for not disclosing their travel history.Two of the new patients, all of whom were Thai nationals, had returned from vacation in Japan’s northern island of Hokkaido and came into contact with the third patient, an 8-year old boy, said Sukhum Kanchanapimai, permanent secretary at the ministry.The male patient had not disclosed his travel history when he first sought medical attention and risked becoming a super-spreader, an incident of large transmission from a single source, health minister Anutin Charnvirakul said. Public Health Ministry officials will be prohibited from traveling to risky countries. If travel is required, personnel are required to self-quarantine for 14 days, Sukhum said.At-risk countries include China, Macau, Hong Kong, Taiwan, South Korea, Singapore, Italy, Iran and Japan.”For the airlines, please reduce promotions,” Anutin said.”Even though tickets are cheap, it could be your last holiday.”Topics :
Brazilian Health Minister Nelson Teich resigned Friday after less than a month on the job over what an official said was “incompatibility” with President Jair Bolsonaro’s approach to fighting the country’s spiraling coronavirus crisis.Teich, a 62-year-old oncologist, joined the far-right president’s cabinet on April 17, the day after Bolsonaro sacked his predecessor, Luiz Henrique Mandetta.Mandetta had also clashed with the president, a vocal critic of the stay-at-home measures the then-minister recommended to contain the new coronavirus. Like US President Donald Trump, to whom he is often compared, Bolsonaro touts the drug as a promising treatment. He wants it cleared for widespread use in patients, despite studies casting doubt on its effectiveness and raising concerns about its safety.The health ministry announced Teich’s resignation in a brief statement, saying he would hold a press conference later.The news drew anti-Bolsonaro protests in various cities. Residents banged pots and pans out their windows, shouting “Get out, Bolsonaro!”Spiraling death toll Brazil has emerged as one of the countries hit hardest in the pandemic, with a sharply rising death toll that has reached nearly 14,000.The country has more than 200,000 confirmed cases.Experts say under-testing means the real figures may be 15 times higher or more.Bolsonaro has found himself increasingly isolated over his response to the pandemic.He has compared the virus to a “little flu,” condemned the “hysteria” surrounding it and repeatedly clashed with state and local authorities over their social distancing measures.The president insists business closures and stay-at-home measures are unnecessarily wrecking the economy, which is on track to shrink 5.3 percent this year, according to the IMF.Stymied by the Supreme Court, which ruled that states have the final say in deciding how to fight the pandemic, Bolsonaro called on top business leaders Thursday to “play rough” to win an end to the stay-at-home adopted in the country’s industrial hub, Sao Paulo state.”You have to call the governor (Joao Doria) and play rough, because this is serious, this is war,” he told them in a video conference.Bolsonaro, who took office in January 2019, is also embattled on another front after firing the chief of the federal police last month, leading to a probe into whether the president obstructed justice in a bid to protect himself or his family from ongoing investigations.With talk of impeachment mounting in Brasilia, the inquiry could prove explosive. Teich took over the post promising “total alignment” with the president, but rifts soon emerged.Teich and Bolsonaro “were incompatible on certain courses of action,” a ministry source told AFP, speaking on condition of anonymity.Teich was taken by surprise last week when Bolsonaro issued a decree without consulting him that declared beauty salons and gyms “essential services” exempt from business closures.The final straw for Teich was reportedly a disagreement with Bolsonaro over using chloroquine to treat the virus. Topics :