Yahoo MoviesBRRRR vs. Fix and Flip: Which Is a Better Investment Strategy?
Two investment strategies, BRRRR and fix-and-flip, can generate multiple sources of income in a short time frame. Which is best for you?
Two investment strategies, BRRRR and fix-and-flip, can generate multiple sources of income in a short time frame. Which is best for you?
NEW DELHI — Tens of thousands of farmers who stormed the historic Red Fort on India's Republic Day were again camped outside the capital Wednesday after the most volatile day of their two-month standoff left one protester dead and more than 300 police officers injured. The protests demanding the repeal of new agricultural laws have grown into a rebellion that is rattling Prime Minister Narendra Modi’s government. On Tuesday, more than 10,000 tractors and thousands more people on foot or horseback tried to advance into the capital, shoving aside barricades and buses blocking their path and at times met by police using tear gas and water cannons. Their brief takeover of the 17th-century fort, which was the palace of Mughal emperors, played out live Indian news channels. The farmers, some carrying ceremonial swords, ropes and sticks, overwhelmed police. In a profoundly symbolic challenge to Modi's Hindu-nationalist government, the protesters who stormed Red Fort hoisted a Sikh religious flag. "The situation is normal now. The protesters have left the streets of the capital,? New Delhi police officer Anto Alphonse said Wednesday morning. The protesting farmers’ groups are scheduled to meet later Wednesday to discuss the future course of action. Another march is planned for Feb. 1 when the Modi government is scheduled to present the annual budget in Parliament. Protest organizer Samyukt Kisan Morcha, or United Farmers’ Front, accused two outside groups of sabotage by infiltrating their otherwise peaceful movement. “Even if it was a sabotage, we can’t escape responsibility,” said Yogendra Yadav, a protest leader. Yadav said frustration had built up among the protesting farmers and “how do you control it if the government is not serious about what they have been demanding for two months.” Several roads were closed again on Wednesday near the police headquarters and Connaught Place areas following a protest by some retired Delhi police officers demanding prosecution of the protesting farmers who engaged in violence, the Press Trust of India news agency said. Political analyst Arti Jerath said Tuesday's violence will put the farmers' organizations on their back foot. "The Supreme Court has all along said the farmers can continue with the protest without disrupting the life in New Delhi. Tuesday's development has given the government a handle to go to the top court and say see this is precisely what it was fearing that it would turn violent. " Tuesday's escalation overshadowed Republic Day celebrations, including the annual military parade that was already scaled back because of the coronavirus pandemic. Authorities shut some metro train stations, and mobile internet service was suspended in some parts of the capital, a frequent tactic of the government to thwart protests. The farmers — many of them Sikhs from Punjab and Haryana states — tried to march into New Delhi in November but were stopped by police. Since then, unfazed by the winter cold and frequent rains, they have hunkered down at the edge of the city and threatened to besiege it if the farm laws are not repealed. Neeraja Choudhury, a political analyst, said the government failed to anticipate what was coming and prepare for it adequately. “If the farmers are agitated overall India, you can’t dismiss the protests as some opposition inciting the farmers.” Anil Kumar, a police spokesman, said more than 300 police personnel were injured in clashes with farmers. Several of them jumped into a deep dry drain in the fort area to escape the protesters who outnumbered them at several places. Police said one protester died after his tractor overturned, but farmers said he was shot. Several bloodied protesters could be seen in television footage. Police said the protesting farmers broke away from the approved protest routes and resorted to “violence and vandalism.” Eight buses and 17 private vehicles were damaged, said police, who filed four cases over vandalism against the protesters. The government insists the agricultural laws passed by Parliament in September will benefit farmers and boost production through private investment. But the farmers fear it will turn agricultural corporate and leave them behind. The government has offered to suspend the laws for 18 months, but the farmers want nothing less than a full repeal. Since returning to power for a second term, Modi’s government has been rocked by several convulsions. The pandemic sent India's already-teetering economy into its first-ever recession, social strife has widened and his government has been questioned over its response to the coronavirus pandemic. In 2019, the year that witnessed the first major protests against his administration, a diverse coalition of groups rallied against a contentious new citizenship law that they said discriminated against Muslims. "The government on the national security front has failed. I think this government seems to be quite blinkered on the kind of security challenges that it is creating for itself by alienating minority communities, Muslims and Sikhs," said Arti Jerath, a political analyst. India is predominantly Hindu while Muslims comprise 14% and Sikhs nearly 2% of its nearly 1.4 billion people. Ashok Sharma, The Associated Press
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MSCI's gauge of Asian ex-Japan shares slipped 0.2%, dragged lower by profit-taking in resource shares as some investors have grown wary of stretched valuations. Microsoft shares rose 3.7% in extended trading after its Azure cloud computing services grew 50%, boosting optimism for other U.S. tech giants, including Apple and Facebook , which announce quarterly results later in the day.
Phison Electronics Corp., a global leader in NAND Flash controller integrated circuits and storage solutions, announced today that it is now shipping secure SSD solutions with FIPS 140-2 Certification.
CGG Commits to Carbon Neutrality by 2050 Paris, France – January 27, 2021 Aligned with the company’s longstanding commitment to act responsibly and minimize the impact of its activities on the environment, in every sector of its business, CGG has announced its pledge to become carbon neutral by 2050 in scopes 1 & 2 of the Greenhouse Gas (GHG) Protocol. Company-wide efforts are focused on continuing to improve the power usage efficiency of its data centers, offices and factories, along with increasing the share of sustainable energy in its energy supply mix, mainly through the energy purchased from utility providers. To reach this long-term target, CGG has also set itself an intermediary milestone to reduce by half its 2019 levels of scope 1 & 2 GHG emissions by 2030. Sophie Zurquiyah, CEO, CGG, said: “After exiting the geophysical data acquisition services business in 2020 and becoming an asset-light people, data and technology company, CGG has already considerably reduced its carbon footprint. Our pledge to become carbon neutral by 2050 also aligns well with our commercial strategy of continuously advancing our technologies to best support our clients in achieving both their business and transition goals.” About CGG CGG (www.cgg.com) is a global geoscience technology leader. Employing around 4,000 people worldwide, CGG provides a comprehensive range of data, products, services and equipment that supports the discovery and responsible management of the Earth’s natural resources. CGG is listed on the Euronext Paris SA (ISIN: 0013181864). Contacts Group Communications & Investor RelationsChristophe BarniniTel: + 33 1 64 47 38 11E-Mail: christophe.barnini@cgg.com Attachment CGG - Press Release pdf version
BOUSSARD & GAVAUDAN HOLDING LIMITED Ordinary Shares The Directors of Boussard & Gavaudan Holding Limited would like to announce the following information for the Company. Close of business 26 Jan 2021. Estimated NAV Euro Shares Sterling Shares Estimated NAV € 26.1026 £ 22.8574 Estimated MTD return 0.64 % 0.39 % Estimated YTD return 0.64 % 0.39 % Estimated ITD return 161.03 % 128.57 % NAV and returns are calculated net of management and performance fees Market information Euro Shares Amsterdam (AEX) London (LSE) Market Close € 20.80 N/A Premium/discount to estimated NAV -20.31 % N/A Sterling Shares Amsterdam (AEX) London (LSE) Market Close N/A GBX 1,800.00 Premium/discount to estimated NAV N/A -21.25 % Transactions in own securities purchased into treasury Ordinary Shares Euro Shares Sterling Shares Number of shares N/A N/A Average Price N/A N/A Range of Price N/A N/A Liquidity Enhancement Agreement Euro Shares Sterling Shares Number of shares N/A N/A Average Price N/A N/A BGHL Capital BGHL Ordinary Shares Euro Shares Sterling Shares Shares Outstanding 13,275,769 294,494 Held in treasury 217,500 N/A Shares Issued 13,493,269 294,494 Estimated BG Fund NAV Class B Euro Shares (estimated) € 219.1718 The Class B Euro Shares of BG Fund are not subject to investment manager fees, as the Investment Manager receives management fees and performance fees in respect of its role as Investment Manager of BGHL. For further information please contact: Boussard & Gavaudan Investment Management, LLP. Emmanuel Gavaudan +44 (0) 20 3751 5389 Email : info@bgam-uk.com The Company is established as a closed-ended investment company domiciled in Guernsey. The Company has received the necessary approval of the Guernsey Financial Services Commission and the States of Guernsey Policy Council. The Company is registered with the Dutch Authority for the Financial Markets as a collective investment scheme pursuant to article 2:73 in conjunction with 2:66 of the Dutch Financial Supervision Act (Wet op het financieel toezicht). The shares of the Company (the "Shares") are listed on Euronext Amsterdam. The Shares are also listed on the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange plc's main market for listed securities. This is not an offer to sell or a solicitation of any offer to buy any securities in the United States or in any other jurisdiction. This announcement is not intended to and does not constitute, or form part of, any offer or invitation to purchase any securities or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of the securities referred to in this announcement in any jurisdiction in contravention of applicable law. Neither the Company nor BG Fund ICAV has been, and neither will be, registered under the US Investment Company Act of 1940, as amended (the "Investment Company Act"). In addition the securities referenced in this announcement have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"). Consequently any such securities may not be offered, sold or otherwise transferred within the United States or to, or for the account or benefit of, US persons except in accordance with the Securities Act or an exemption therefrom and under circumstances which will not require the issuer of such securities to register under the Investment Company Act. No public offering of any securities will be made in the United States. You should always bear in mind that: all investment is subject to risk; results in the past are no guarantee of future results; the investment performance of BGHL may go down as well as up. You may not get back all of your original investment; and if you are in any doubt about the contents of this communication or if you consider making an investment decision, you are advised to seek expert financial advice. This communication is for information purposes only and the information contained in this communication should not be relied upon as a substitute for financial or other professional advice. Attachment Daily NAV - BgHL
Klövern has signed a contract for extension of a rental contract in the property Helgafjäll 3 in Kista. The contract encompasses approximately 10,500 sq.m. and has been extended by three years to 31 October 2024. This is in addition to the extension of two other rental contracts, encompassing approximately 42,100 sq.m. in Kista, which were announced in a separate press release on 22 December 2020. Klövern AB (publ) For additional information, please contact: Rutger Arnhult, CEO, +46 70 458 24 70, rutger.arnhult@klovern.se Lars Norrby, IR, +46 76 777 38 00, lars.norrby@klovern.se Klövern is a real estate company committed to working closely with customers to offer them attractive premises in growth regions. Klövern is listed on Nasdaq Stockholm. For further information, see www.klovern.se. Klövern AB (publ), Bredgränd 4, 111 30 Stockholm. Phone: +46 10 482 70 00. E-mail: info@klovern.se. This is a translation of the original Swedish language press release. In the event of discrepancies, the original Swedish wording shall prevail. Attachment 210127 Klövern signs a contract for extension of a rental contract encompassing approximately 10,500 sq.m. in Kista (pdf)
BOUSSARD & GAVAUDAN HOLDING LIMITED Ordinary Shares The Directors of Boussard & Gavaudan Holding Limited would like to announce the following information for the Company. Close of business 26 Jan 2021. Estimated NAV Euro Shares Sterling Shares Estimated NAV € 26.1026 £ 22.8574 Estimated MTD return 0.64 % 0.39 % Estimated YTD return 0.64 % 0.39 % Estimated ITD return 161.03 % 128.57 % NAV and returns are calculated net of management and performance fees Market information Euro Shares Amsterdam (AEX) London (LSE) Market Close € 20.80 N/A Premium/discount to estimated NAV -20.31 % N/A Sterling Shares Amsterdam (AEX) London (LSE) Market Close N/A GBX 1,800.00 Premium/discount to estimated NAV N/A -21.25 % Transactions in own securities purchased into treasury Ordinary Shares Euro Shares Sterling Shares Number of shares N/A N/A Average Price N/A N/A Range of Price N/A N/A Liquidity Enhancement Agreement Euro Shares Sterling Shares Number of shares N/A N/A Average Price N/A N/A BGHL Capital BGHL Ordinary Shares Euro Shares Sterling Shares Shares Outstanding 13,275,769 294,494 Held in treasury 217,500 N/A Shares Issued 13,493,269 294,494 Estimated BG Fund NAV Class B Euro Shares (estimated) € 219.1718 The Class B Euro Shares of BG Fund are not subject to investment manager fees, as the Investment Manager receives management fees and performance fees in respect of its role as Investment Manager of BGHL. For further information please contact: Boussard & Gavaudan Investment Management, LLP. Emmanuel Gavaudan +44 (0) 20 3751 5389 Email : info@bgam-uk.com The Company is established as a closed-ended investment company domiciled in Guernsey. The Company has received the necessary approval of the Guernsey Financial Services Commission and the States of Guernsey Policy Council. The Company is registered with the Dutch Authority for the Financial Markets as a collective investment scheme pursuant to article 2:73 in conjunction with 2:66 of the Dutch Financial Supervision Act (Wet op het financieel toezicht). The shares of the Company (the "Shares") are listed on Euronext Amsterdam. The Shares are also listed on the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange plc's main market for listed securities. This is not an offer to sell or a solicitation of any offer to buy any securities in the United States or in any other jurisdiction. This announcement is not intended to and does not constitute, or form part of, any offer or invitation to purchase any securities or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of the securities referred to in this announcement in any jurisdiction in contravention of applicable law. Neither the Company nor BG Fund ICAV has been, and neither will be, registered under the US Investment Company Act of 1940, as amended (the "Investment Company Act"). In addition the securities referenced in this announcement have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"). Consequently any such securities may not be offered, sold or otherwise transferred within the United States or to, or for the account or benefit of, US persons except in accordance with the Securities Act or an exemption therefrom and under circumstances which will not require the issuer of such securities to register under the Investment Company Act. No public offering of any securities will be made in the United States. You should always bear in mind that: all investment is subject to risk; results in the past are no guarantee of future results; the investment performance of BGHL may go down as well as up. You may not get back all of your original investment; and if you are in any doubt about the contents of this communication or if you consider making an investment decision, you are advised to seek expert financial advice. This communication is for information purposes only and the information contained in this communication should not be relied upon as a substitute for financial or other professional advice. Attachment Daily NAV - BgHL
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF ANERICA (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OF AMERICA AND THE DISTRICT OF COLUMBIA) (THE "UNITED STATES"), AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Reference is made to the stock exchange notice by BW Energy Limited ("BW Energy" or the "Company") on 21 January 2021 announcing the successful completion of a private placement or 23,690,000 new shares at a subscription price of NOK 27 per share (the "Private Placement"), raising gross proceeds NOK 639,630,000 (app. USD 75 million), and that the Company would consider to carry out a subsequent offering of new shares (the "Subsequent Offering"), depending inter alia on the development of the price development for the Company's shares following the Private Placement. Following announcement of completion of the Private Placement, the Company's shares have traded on the Oslo Stock Exchange with significant trading volumes at prices below the subscription price in the Private Placement. Accordingly, any shareholder wishing to reduce the dilutive effect of the Private Placement have had the opportunity to purchase shares in the Company in the market at prices below what would have been the subscription price in the Subsequent Offering. Hence, the Company has resolved not to proceed with the Subsequent Offering. For further information, please contact: Knut R. Sæthre, CFO BW Energy, +47 91 11 78 76ir@bwenergy.no About BW Energy: BW Energy is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments. The Company has access to existing FPSOs to reduce time to first oil and cashflow with lower investments than traditional offshore developments. The main assets are 73.5% of the producing Dussafu Marine Permit offshore Gabon and a 95% interest in the Maromba field in Brazil, both operated by the Company. Total net 2P+2C reserves were 247 million barrels at the start of 2020. Important Notices This announcement is not and does not form a part of any offer to sell, or a solicitation of an offer to purchase, any securities of the Company. The distribution of this announcement and other information may be restricted by law in certain jurisdictions. Copies of this announcement are not being made and may not be distributed or sent into any jurisdiction in which such distribution would be unlawful or would require registration or other measures. Persons into whose possession this announcement or such other information should come are required to inform themselves about and to observe any such restrictions. The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and accordingly may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and in accordance with applicable U.S. state securities laws. The Company does not intend to register any part of the offering or its securities in the United States or to conduct a public offering of securities in the United States. Any sale in the United States of the securities mentioned in this announcement will be made solely to "qualified institutional buyers" as defined in Rule 144A under the Securities Act. In any EEA Member State, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Regulation, i.e., only to investors who can receive the offer without an approved prospectus in such EEA Member State. The expression "Prospectus Regulation" means Regulation 2017/1129 as amended together with any applicable implementing measures in any Member State. This communication is only being distributed to and is only directed at persons in the United Kingdom that are (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order") or (ii) high net worth entities, and other persons to whom this announcement may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"). This communication must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this communication relates is available only for relevant persons and will be engaged in only with relevant persons. Persons distributing this communication must satisfy themselves that it is lawful to do so. Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as "believe", "expect", "anticipate", "strategy", "intends", "estimate", "will", "may", "continue", "should" and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. Actual events may differ significantly from any anticipated development due to a number of factors, including without limitation, changes in investment levels and need for the Company’s services, changes in the general economic, political and market conditions in the markets in which the Company operates, the Company’s ability to attract, retain and motivate qualified personnel, changes in the Company’s ability to engage in commercially acceptable acquisitions and strategic investments, and changes in laws and regulation and the potential impact of legal proceedings and actions. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The Company does not provide any guarantees that the assumptions underlying the forward-looking statements in this announcement are free from errors nor does it accept any responsibility for the future accuracy of the opinions expressed in this announcement or any obligation to update or revise the statements in this announcement to reflect subsequent events. You should not place undue reliance on the forward-looking statements in this document. The information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice. The Company does not undertake any obligation to review, update, confirm, or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this announcement. Neither of the Managers nor any of their respective affiliates makes any representation as to the accuracy or completeness of this announcement and none of them accepts any responsibility for the contents of this announcement or any matters referred to herein. This announcement is for information purposes only and is not to be relied upon in substitution for the exercise of independent judgment. It is not intended as investment advice and under no circumstances is it to be used or considered as an offer to sell, or a solicitation of an offer to buy any securities or a recommendation to buy or sell any securities in the Company. Neither the Managers nor any of their respective affiliates accepts any liability arising from the use of this announcement. This information is subject of the disclosure requirements of section 5-12 of the Norwegian Securities Trading Act.
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China's ByteDance has decided to reduce the size of its India team and is unsure when the company will make a comeback in India, it said in an internal memo to employees on Wednesday. India has decided to retain its ban on video app TikTok and 58 other Chinese apps after reviewing responses from the companies on issues such as compliance and privacy, two sources with direct knowledge of the matter told Reuters on Tuesday. The apps were banned amid rising tensions between India and China following a border clash between the two nations last year.
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