Cim Financial Services Ltd ( Q12019 Interim Report

first_imgCim Financial Services Ltd ( listed on the Stock Exchange of Mauritius under the Financial sector has released it’s 2019 interim results for the first quarter.For more information about Cim Financial Services Ltd ( reports, abridged reports, interim earnings results and earnings presentations, visit the Cim Financial Services Ltd ( company page on AfricanFinancials.Document: Cim Financial Services Ltd (  2019 interim results for the first quarter.Company ProfileCim Financial Services Limited (Cim Group) is headquartered in Mauritius that is regulated by the bank of Mauritius as a non-banking deposit taking institution and licenced by the Financial Services Commission as a credit financing institution offering a range of credit.  The company avails individual consumers, SMEs and large corporates with financial services such as consumer finance, crediLimited t card, forex, leasing and factoring. Cim Financial Services is listed on the Stock Exchange of Mauritius.last_img read more

Is the FTSE 100’s Legal & General a bargain stock, or is the big dividend a warning?

first_img Enter Your Email Address 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. Is the FTSE 100’s Legal & General a bargain stock, or is the big dividend a warning? 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. 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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997”center_img Our 6 ‘Best Buys Now’ Shares Image source: Getty Images. Kevin Godbold | Wednesday, 4th March, 2020 | More on: LGEN See all posts by Kevin Godbold I last wrote about FTSE 100 life assurance, investment management and general insurance provider Legal & General (LSE: LGEN) around a year ago when the share price stood at 277p. Today, it’s at 268p after a full year of operational progress. Is this stock now a bargain?Ready to withstand a downturnI can’t find a direct mention of the potential effects on operations of the COVID-19 coronavirus outbreak in today’s full-year results report. However, in the outlook statement, the company said it has “confidence” in its capacity for future growth and paying shareholder dividends. Indeed, the firm claims to have a “strong” balance sheet, with £7.3bn in surplus regulatory capital, and “significant buffers to absorb a market downturn.” 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 I’m not kidding myself that a general macro-economic downturn will leave the stock unscathed. There’s a high level of cyclicality in the business and the shares have been essentially moving sideways for the past five years, despite steady advances in earnings and the shareholder dividend. In many ways, the stock has been behaving like big London-listed bank shares.Indeed, between the spring of 2007 and early 2009, the share price crashed by around 80% in the wake of the credit crunch and the great recession that followed. In that respect, it again reminds me of the banks.Transforming and growingBut as well as being cyclical, Legal & General has been growing its business. The narrative in the report explains that over “the past several years”, Legal & General has become a “high growth/high return” business when it used to be a “lower growth/lower return” outfit.The directors reckon they achieved the change in two ways. Firstly, by focusing on large markets where the company has a small market share and where it can outpace market growth. And secondly, by targeting growth markets where it already enjoyed a leading market share and where it can grow by maintaining its leadership. On top of that, LGEN has sold businesses that were either sub-scale or in geographies where it was unlikely to achieve financial success. The deals generated a handy £1.5bn of proceeds, which the directors reinvested to fund “future profitable growth.” Strong figuresAnd I really can’t argue with today’s figures. Earnings per share rose by 16% compared to the previous year and the directors slapped 7% on the total dividend. They said in the report they took into account the sustainability of the dividend “across a wide range of economic scenarios” and while considering the firm’s anticipated financial performance. It seems the top management team has confidence in the outlook, despite recent macro-economic challenges. And the dividend progression policy looks set to continue. Over five years, the shareholder payment has increased by just over 50%. And today, with the share price near 268p, the forward-looking yield for 2020 is around 7%. If that’s a warning, it’s not worrying the directors, it seems! Kevin Godbold has no position in any share 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.last_img read more

COLLEGE FOOTBALL: Tickets on sale for UTPB games

first_img WhatsApp Facebook UTPB logo, USE THIS ONE Tickets for the UTPB football team’s abbreviated schedule are now available.The Falcons will play four games, three of them at home, after the 2020 season was delayed due to the COVID-19 pandemic.UTPB, which finished a program best 4-7 in 2019, opens against Southern Nazarene on Feb. 20 at Ratliff Stadium, followed by Lincoln (Mo.) on March 6 at Ratliff Stadium.The Falcons travel to face Texas A&M-Kingsville on March 20 and then close the short season against Midwestern State on March 27 at Grande Communications Stadium in Midland. Pinterest WhatsApp Twitter Facebook SportsCollegeLocal Newscenter_img Twitter COLLEGE FOOTBALL: Tickets on sale for UTPB games Previous articleMLB renews 7-inning doubleheaders, runners on 2nd in extrasNext articleSources: Biden officials snub Salvadoran leader in DC trip Digital AIM Web Support TAGS  Pinterest By Digital AIM Web Support – February 8, 2021 last_img read more

Biden’s 1st month was about erasing the mark of ‘former guy’

first_img FILE – In this April 24, 2020, file photo President Donald Trump puts the cap on a pen after signing a coronavirus aid package to direct funds to small businesses, hospitals, and testing, in the Oval Office of the White House in Washington. By Digital AIM Web Support – February 20, 2021 Twitter Twitter Local NewsUS News Biden’s 1st month was about erasing the mark of ‘former guy’ Previous articleOilers beat Flames 2-1 to open home-and-home seriesNext articleRaptors score last 11 to defeat Timberwolves 86-81 Digital AIM Web Support Facebookcenter_img Pinterest Facebook TAGS  Pinterest WhatsApp WhatsApplast_img read more

Trends, Challenges Facing Property Preservation in 2020

first_img Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Trends, Challenges Facing Property Preservation in 2020 What are some challenges facing the industry today and how can they be overcome?We are not able to change the fact that defaults are down. But we can take advantage of this time to be leaders in innovation. When business slows a bit, we funnel our resources to process improvement. And of course, when your focus is on process improvement, that goes hand-in-hand with your people development and technology. We are confident that when defaults begin to rise, we will be ready with the very best people, processes and technology. We also recognize that many of our vendor partners are being pulled away from the industry to work in the high-demand home building industry. We value our vendor partners, and are very committed to doing everything we can to keep them in property preservation with MCS. We have been working hard to bring innovative technology to our vendor management processes, improving our work order process as well as communication within our vendor network.  What are some of the trends changing the property preservation industry?We have had some catastrophic natural disasters that have taught us as an industry to better prepare. We are now using some amazing technology that allows us to get to work before the natural disaster occurs. When we are better prepared, we are able to service our clients more efficiently and effectively.I think we have all learned that in our industry we have to prepare for the unexpected and plan for the worst-case scenarios so that we are able to respond quickly and appropriately.  The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Trends, Challenges Facing Property Preservation in 2020 December 3, 2019 2,935 Views Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Property Preservation 2019-12-03 Mike Albanese About Author: Mike Albanese Previous: Supreme Court Set to Hear CFPB Constitutionality Case Next: FHFA Updates on Fannie and Freddie NPL Sales Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. Related Articles What is the role technology plays in how property preservation is done today?We are definitely facing more requirements and stricter regulations in property preservation. When these challenges arise, we always look for ways to leverage our technology. Our AI initiatives, robotics, and advanced automation make life easier for our vendors and clients. We continue to look for ways to take technology that is available to us as individuals and use it to improve our business communications.  Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Share Save in Daily Dose, Featured, News, Secondary Market Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Property Preservation The Week Ahead: Nearing the Forbearance Exit 2 days ago Caroline Reaves, CEO, Mortgage Contracting Services spoke with DS News about the upcoming challenges, trends, and the role technology plays in property preservation as 2020 draws near. Last month, Reaves participated in the 2019 National Property Preservation Conference in Washington D.C. The event included collaborative discussions about topics including code violations, vendor management, hazard claims, and other challenges and hot topics facing the property preservation sector.”I’m always energized by this conference and what it provides for our MCS team as well as the industry,” Reaves said of the conference. “It’s the one time each year when we all get together and focus solely on property preservation. The MCS team always looks forward to this conference, as it provides an opportunity for open, honest dialogue with our peers in the industry.”Below is more from her interview with DS News.   Print This Post Subscribelast_img read more

Special Olympics coach ready to help athletes ‘be brave’

first_img Troy falls to No. 13 Clemson Remember America’s heroes on Memorial Day You Might Like CAPITAL CITY CLASH Reilly Fox will face against his cousin in the AHSAA 4A Championship Series this week. (Photo/Thomas Graning) Fox family has… read more Plans underway for historic Pike County celebration Pike County Sheriff’s Office offering community child ID kits Print Article Book Nook to reopen Special Olympics coach ready to help athletes ‘be brave’ Email the author Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthGet Fortnite SkinsTCGThe 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 InterestedOffensiveRepetitiveSubmitCancel Latest Stories Sponsored Content Published 9:30 pm Thursday, May 15, 2014 Elizabeth LoCascio will be a volunteer coach for Team Pike County at the Special Olympics Alabama State Games at Troy University this weekend. David Spivey, left, will compete in swimming events and Joey Welch will compete in track and field events.Elizabeth Locascio will participate in the Special Olympics Alabama State Games at Troy University this weekend. She has participated in the Games every year since 2007.But Locascio has never competed in the games. She is a volunteer coach for Team Pike County.“When I volunteered the first year, I really didn’t know what to expect,” she said. “But, it was an experience that I will never forget and one that I look forward to each year.”Locascio said “all” she does is get the Olympians to their events, make sure they know what to do and take care of any needs they have.“The Special Olympic Games are very special for the athletes because they have an opportunity to compete with those who have similar abilities so they are not judged by others,” Locascio said. “Team Pike County has 15 members and they are all excited to compete and I’m excited for them. There’s no real pressure to win at the Special Olympic Games. The motto is ‘Let me win if I can but, if I can’t win, let me be brave in the attempt.’ All the athletes are brave in the attempt. They enjoy the competition and, if they win, that’s great but, if they don’t, they’ve still had a good time.”Locascio said being around Team Pike County each year is always a heartwarming experience. “They are always happy and excited because they get to compete but, most of all, they have fun and, to them, that’s the most important thing,” she said.Of course, there are moments of disappointment for some of the Olympians but fleeting moments. “They have too much fun to be disappointed very long,” Locascio said. “I’m looking forward to a wonderful weekend and I’m honored to be a part of such a wonderful team.”Locascio is a 911 operator with the City of Troy and she made arrangements early so she could be off to be a “coach” for Team Pike County.The Opening Ceremony for the 2014 Special Olympics Alabama State Games is at 7 p.m. tonight at Trojan Arena. The Olympic events will get underway at 9 a.m. Saturday at different venues on the University campus and around the city.The Closing Ceremony for the Games will be at 8:30 Sunday morning at Sartain Hall. More than 1,000 Special Olympians are expected to participate in the state Games.  Team Pike County members are Beth Bardling, Muhammed Blair, Marissa Brunje, Louis Chamber, Johnny Corley, Tysheen Eaddy, Heath Flemming, Sairah Garner, Emily Johnson, Brandon Rhodes, David Spivey, Hannah Stuckey, Ryan Taylor and Joey Welch. The Penny Hoarder Issues “Urgent” Alert: 6 Companies… By Jaine Treadwell By The Penny Hoarderlast_img read more

365,000 properties bought via Help to Buy so far government claims

first_imgHome » News » Land & New Homes » 365,000 properties bought via Help to Buy so far government claims previous nextLand & New Homes365,000 properties bought via Help to Buy so far government claimsMinisters say Help to Buy is playing its part in ‘restoring dream of home ownership’ although total number of homes built each month has been dropping.Nigel lewis16th August 201801,229 Views Over a third of a million first time buyer properties have been bought via the government’s Help to Buy schemes so far, is has been revealed.The figure, which is published by Housing Secretary James Brokenshire’s department this morning, also reveal that 1.2 million Help to Buy: ISA accounts have been opened and that 420,100 people have been helped by the schemes so far.The Ministry of Housing, Communities and Local Government also says that the figures include 169,100 property purchases completed using the equity loan scheme version of Help to Buy.It offers to lend buyers 20% of the asking price so that, together with their own 5% deposit, they can access a more affordable 75% loan-to-value mortgage.The government also claims today that its abolition of Stamp Duty for first time buyers will help an extra five million people get on the property ladder over the next five years.“This government is committed to helping more people get on the housing ladder, restoring the dream of home ownership for a new generation,” says Housing Minister Kit Malthouse.Malthouse may need more than commitment to secure his reputation for getting homes built. A survey of house building by hybrid agency Emoov published today found that Gavin Barwell has been the most successful of the UK’s seven ministers over the past six years.During his 11-month tenure in office Barwell oversaw 12,113 new homes built in the UK each month, while the worst was Dominic Rabb. During his short stay at the MHCLG half that number were built each month.Read more about Help to to buy James Brokenshire kit malthouse first-time buyers August 16, 2018Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021last_img read more

Proctors hunt for sit-in students

first_imgUniversity Proctors are attempting to track down the pro-Palestine protesters who barricaded themselves in the Bodleian by asking colleges to help identify students from photographs.The proctors have not disclosed how much the demonstrators will be fined, despite some protesters’ claims that it was agreed they would be fined only £20 during negotiations with the Proctors.A senior member of Oxford Students for Gaza and Palestine (OSGP), the group behind the occupation of the Bodleian, condemned the Proctors’ actions.He said, “it would be a shame for goodwill on the part of the university and students to be lost because of hostile tactics used by the university to try and extract more money than was agreed from the protestors.”The Senior Proctor denied that £20 was the correct sum. He said, “that figure was floated around afterwards but it wasn’t agreed with me.” He confirmed the actual figure agreed was “not a long was away from the figure.” But he refused to disclose the amount, saying, “opinions have been polarised. Some have said the way of handling the protest was somewhat liberal.”So far, most colleges are co-operating with the Proctors.But the sub-dean of Wadham, Cetta Mainwaring, has claimed that the college had so far refused to co-operate with Proctors’ request.Mainwaring, a member of OSGP, said in an email to the group, “the Dean at Wadham and the Tutorial Office are resisting the pressure thus far.” She said the Proctors were, “aggressively following up their promise to fine us by trying to pressure Colleges to identify us in pictures.”Mainwaring said that the other colleges had allowed the Proctor’s Office to identify students, which she feared was “putting more pressure on Wadham as the only wholly non-cooperative college.” She appealed for members of the group to identify other colleges which were resisting the pressure, saying “they would obviously feel better about the whole thing if they knew of specific colleges that were doing the same.”Protesters have called on colleges to “protect the interests of their students in this matter.”Another member of OSGP commented, “we think that we shouldn’t be facing punishment for our actions. We feel we were making a legitimate point in protest of what we saw a barbarous actions of the Israeli state attacking Gaza.“It is not down to the colleges to help identify us as college members were not massively inconvenienced by our actions. Oxford will also be alone amongst all the other 30 universities (except Sheffield Hallam) in pursuing action against people who took part in occupations.”Michael Burden, Dean at New College, said his office would not give out photographs to the Proctors.However, he added that the Porters’ Lodge at the college was willing to identify students in photographs brought to them.“The Lodge may identify students as members of college,” he said, “but we would not be in the business of circulating information.”New College is home to many prominent figures involved in the protests.Burden said his office had not been approached by the Proctors in any matter related to the protest, but added that he would not have known if they had approached the college’s Lodge.Proctor David Harris said, “most people had their photos taken and put on the website during the occupation,” saying this was, “the normal way we track people down.”The Deans’ offices at St Anne’s, St Edmund’s Hall, and St Catherine’s refused to comment on their positions.Over eighty students barricaded themselves in the Bodleian library to protest against Israel’s recent action in Gaza. The demonstration started at midday in the Clarendon building, and lasted until the protesters felt their demands had been met six hours later.In the immediate aftermath of the occupation, a Proctor’s statement said they welcomed “the fact that this protest was peaceful and good-natured.” It continued, “negotiations with those occupying the building and their representatives were held with goodwill and in a very constructive manner.”University Vice-Chancellor John Hood criticised the student occupation of the Clarendon building. He said the Bodleian barricade “caused disruption and inconvenience to fellow students and other members of the University” and added, “unlawful action of this kind cannot be condoned.”last_img read more

Post Office to Deliver Aid to the Less Fortunate and OC Food Cupboard

first_imgAnnual US Post Office Food Drive – Saturday, May 14 Ocean City is a town of wide shoulders. Very few places, if any, do a better job of helping its less fortunate.  Nowhere is that more evident than through the efforts of the Ocean City Ecumenical Council’s Community Food Cupboard.“If you are in need we don’t care who you are, where you came from or what you look like,” spokesperson Mary McGuckin said. “We are all part of the same family, and we are going to do our best to help you.”The Ocean City Post Office will lend a major hand to the organization on Saturday, May 14. Residents are asked to put out canned food and other non-perishables by their mailboxes, and postal employees will pick them up for the Community Food Cupboard.“A big shout-out goes to our Post Office,” McGuckin said. “They do a phenomenal job for us and we are grateful for their contribution.”Specifically needed items include cans of fruit, meat, tuna, juice, canned ravioli, Spaghetti O’s, peanut butter, jelly, and also laundry and dish detergent and personal items such as shampoo, soaps, toothpaste and toothbrushes.Many OC residents might not be aware of the Cupboard’s work, or even the need for it. As a resort town, those in need can sometimes slide under the awareness radar.“We serve people who rent, those who fall on hard times, seniors, those living on a fixed income, basically anyone in need,” McGuckin said.Clients are referred by social services agencies, churches and other groups. The donated items help supplement other food items purchased through financial contributions.  A typical client may receive a three-day supply of food for their family to see them through an emergency period, she said. The Cupboard is open five days a week.In addition to providing food, the group also is generous in emotional support.“We pride ourselves in treating each and every person we serve with respect and dignity.”She pointed out the hard work of her group’s many volunteers and other organizations who pitch in.“In addition to the post office, we receive help from the schools, the Boy Scouts who conduct a drive, and one of the Car Shows in town,” she said. “We also receive donations and help from many individuals.”last_img read more

Harvard Finds Kidney Stones, Malaria Among Global-Warming Risks

first_imgNov. 20 (Bloomberg) — Kidney stones, malaria, Lyme disease, depression and respiratory illness all may increase with global warming, researchers at Harvard Medical School said.Climate change from the burning of fossil fuels will add to risks to public health, said Paul Epstein, associate director of Harvard’s Center for Health and the Global Environment in Boston. The center and groups led by the American Medical Association are presenting data at a briefing today in Washington as a call for action to curb emissions…Read more here (Bloomberg)last_img