SFS Real Estate Investment Trust (SFSREIT.ng) 2017 Annual Report

first_imgSFS Real Estate Investment Trust (SFSREIT.ng) listed on the Nigerian Stock Exchange under the Property sector has released it’s 2017 annual report.For more information about SFS Real Estate Investment Trust (SFSREIT.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the SFS Real Estate Investment Trust (SFSREIT.ng) company page on AfricanFinancials.Document: SFS Real Estate Investment Trust (SFSREIT.ng)  2017 annual report.Company ProfileSFS Real Estate Investment Trust is a close-ended Real Estate Investment Trust Scheme in Nigeria which pools funds for the primary purpose of investing in income-generating real estate. This includes residential homes, residential apartments, office blocks, shopping malls and warehouses. The Fund managers are dedicated to developing and/or acquiring high-quality stock of properties in select locations in Nigeria. They will also make opportunist investments in joint venture developments in partnership with reputable developers. Typically, the Skye Shelter Fund invests 75% in real estate and 25% is invested in real estate related investments such as mortgages, real estate backed securities and real estate related equities. This portion includes a 10% allocation to cash for liquidity purposes. The company head office is in Lagos, Nigeria. SFS Real Estate Investment Trust is listed on the Nigerian Stock Exchangelast_img read more

FTSE 250: I’d avoid these shares because hedge funds expect them to fall

first_img Enter Your Email Address Edward Sheldon, CFA | Thursday, 9th July, 2020 | More on: HMSO RMG Image source: Getty Images. 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. Our 6 ‘Best Buys Now’ Shares FTSE 250: I’d avoid these shares because hedge funds expect them to fall Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! One thing I always keep an eye on as part of my investment research is the list of the most shorted stocks on the London Stock Exchange, including the FTSE 250. The stocks on this list are those that hedge funds and institutional investors are betting against heavily. You can find the list at shorttracker.co.uk.Now, the hedge funds don’t always get it right. Not every heavily shorted stock falls in value. Yet quite often, these sophisticated investors do get it right. Just look at some of the FTSE companies that have been shorted heavily by the hedge funds in recent years – Carillion, Thomas Cook, Debenhams… all of these companies turned out to be shocking investments.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 that in mind, today I want to highlight two FTSE 250 stocks that are being heavily shorted right now. Given the high level of short interest here, I’d steer well clear of these companies.Hedge funds smell blood hereAccording to shorttracker.co.uk, the most-shorted stock on the London Stock Exchange is currently FTSE 250 real estate investment trust Hammerson (LSE: HMSO). It has short interest of 12.6%, with nine funds shorting it.It’s not hard to see why the hedge funds don’t like this stock. Hammerson owns and operates a number of prime shopping centres in the UK and Europe. Its portfolio currently contains 21 flagship destinations, eight retail parks, and 20 premium outlets. There are two issues here. Firstly, the forced closure of non-essential retail stores has devastated rent collections. Last week, Hammerson advised that it had collected just 16% of rents in the UK in the last quarter. Secondly, the coronavirus lockdown has changed the way we shop. Going forward, a lot more of our shopping will be done online. That could impact the company’s operating environment in the future.Hammerson recently negotiated some headroom with its creditors until 31 December 2021. It also advised that it is confident that rent collection rates will improve materially in the near term. I’d still avoid the FTSE 250 stock though. The hedge funds clearly smell blood here.A FTSE 250 company seeing major challengesAnother FTSE 250 stock that is being heavily shorted right now is Royal Mail (LSE: RMG). It’s currently the third most shorted stock on the London Stock Exchange according to shorttracker.co.uk. It has short interest of 9.1% with seven funds short.Again, it’s not hard to see why the hedge funds don’t like this FTSE 250 stock either. This a company with some serious challenges to work through.In its recent full-year results, issued on 25 June, Royal Mail provided two potential scenarios of how the business could perform in 2020-21. In the first scenario, which assumed a UK GDP decline of 10% for the period, it said revenue from its UK operations could be between £200m to £250m lower year-on-year. Meanwhile, in the second scenario, which assumed a UK GDP decline of 15%, it said UK revenue could be between £500m to £600m lower year-on-year. The company also said that it expects its UK division to be “materially loss-making” in 2020-21.Royal Mail is a stock I’ve been bearish on for a while now. The high level of short interest here just reinforces my view. I’d steer well clear of this FTSE 250 share and look for more attractive investment opportunities.center_img Simply click below to discover how you can take advantage of this. Edward Sheldon has no position in any 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. “This Stock Could Be Like Buying Amazon in 1997” 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. See all posts by Edward Sheldon, CFAlast_img read more

This FTSE 250 stock has jumped on good results. Here’s what I’d do now

first_img Our 6 ‘Best Buys Now’ Shares See all posts by Alan Oscroft Image source: Getty Images 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. Frasers Group (LSE: FRAS) is in the headlines once again. This time, the boss of the FTSE 250 firm, Mike Ashley, is targeting Debenhams after it fell into administration. Oh, and first-half results are out.There isn’t much time to lose as Debenhams is set to close all its stores by March. The collapse of Arcadia, with its brands that include TopShop, Burton and Dorothy Perkins, also complicates things. Arcadia was Debenhams’ biggest concession holder, and its demise was the back-breaking straw.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…I can’t really tell what shareholders might think of Mr Ashley’s latest ambition. Over the past week, the Frasers share price hasn’t really moved. And it has already started falling back from November’s high point. It has, however, performed well in 2020 by FTSE 250 standards. By Wednesday, Frasers had fallen just 4% in 2020, while the index is down 9%.A poor five yearsOver the past five years, Frasers stock has lost 25%, against an 18% gain for the FTSE 250 index. And there’s no dividend, so it hasn’t been a great investment. But is that about to change in 2021?The latest update Thursday certainly had a positive effect. The Frasers share price gained 6% approaching midday, on the back of improved first-half profits. Revenue fell 7.4%, hit by the Covid-19 impact on high street shopping. But the company reported a 24.9% rise in underlying EBITDA, with underlying EPS up 51.9%.In 2020 especially, the strength of a company’s balance sheet can be critically important. Net debt dropped a fraction, by 1.7% to £250m. That’s reasonable compared to that improving EBITDA, so I don’t think I should worry. And underlying free cash flow rose by 55.6% to £252.6m, which is encouraging.Beating the FTSE 250 indexAs I write, Frasers is leading the FTSE 250 on the day. So would I buy now? Not on the back of one set of first-half results. No, I’d need to have a reasonably clear view of a firm’s long-term prospects. And I find the outlook cloudy, for several reasons.Comments made by chairman David Daly echo one of my main concerns. He suggested that “much of the UK High Street, which was already suffering before Covid-19, won’t survive unless the Government addresses the out of date business rates regime which is due to return come April 2021.”People might start returning to shopping in high volumes in the coming months. But there’s still a long-term problem. With the efficiencies and cost savings associated with online shopping and the underlying distribution networks, costs of doing business are increasingly stacked against high street sellers.Not my styleThen there’s Mike Ashley’s leadership. He’s very keen to expand by acquisition, particularly buying up failing companies. And now there’s Debenhams again, which itself fell from glory and dropped out of the FTSE 250 index some years ago. I tend to prefer my chief executives to be a little more on the cautious side.Then again, Mr Ashley can be a tough businessman, and maybe that’s what’s needed right now. He does appear to be steering Frasers Group comfortably through the pandemic crisis.But we’re looking at a forward P/E of 23, which I think is too rich. I see better growth buys out there. 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. 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. This FTSE 250 stock has jumped on good results. Here’s what I’d do nowcenter_img Alan Oscroft 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. Alan Oscroft | Thursday, 10th December, 2020 | More on: FRAS Simply click below to discover how you can take advantage of this. Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!last_img read more

Why I’d follow this aspect of Warren Buffett’s strategy when buying cheap UK shares

first_img Get the full details on this £5 stock now – while your report is free. Image source: The Motley Fool Enter Your Email Address Peter Stephens | Thursday, 11th February, 2021 Warren Buffett has a long track record of successfully outperforming the stock market. In doing so, he has become one of the wealthiest people in the world.While his strategy has focused on buying cheap shares in high-quality companies, he has also concentrated his capital in industries that he fully understands. While this has meant missing out on potentially attractive investment opportunities, it has also allowed him to avoid losing money on other investments.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…Following a similar strategy could be a sound move when buying cheap UK shares. It may lead to less risk and higher long-term returns.Warren Buffett’s sphere of knowledgeWarren Buffett has typically invested in a relatively narrow range of industries during his career. For example, consumer goods companies and financial services businesses (including banks) have often made up a large proportion of his portfolio. Certainly, he has invested in other areas over the years. However, his portfolio is perhaps more concentrated on a limited number of sectors that many investors would expect it to be.A key reason for this is that Buffett only invests in companies and industries that he fully understands. This could be a logical approach for any investor to take, since it can allow them to develop a competitive advantage versus their peers. It also means that they are likely to have a higher chance of being able to spot undervalued companies on a relative and absolute basis. They can also more easily avoid stocks that are being overhyped by other investors.Developing knowledge of sectors slowly over timeClearly, it is not possible to become an expert in every sector of the stock market. Even Warren Buffett does not attempt to achieve that goal. However, it could be possible for any investor to develop deep knowledge of a specific industry over time. For example, they may read industry journals and follow the investor updates of companies operating in a specific sector to gain knowledge as to which businesses have the greatest competitive advantages.Such information is arguably more widely available now than it was in the past. Although using it to build knowledge does not guarantee investment success, it could improve an investor’s capacity to outperform the stock market over the long run.Using tracker funds in the meantimeWhile following Warren Buffett’s lead in building knowledge about specific sectors, it may be prudent to use tracker funds in the meantime. They can provide exposure to the stock market prior to sufficient expertise being developed to invest directly in stocks in specific industries.Although even the most knowledgeable of investors still make mistakes and lose money on investments, having a solid understanding of a small number of industries may be a logical approach to take in what is a fast-moving economy. 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. Why I’d follow this aspect of Warren Buffett’s strategy when buying cheap UK shares Our 6 ‘Best Buys Now’ Shares 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. 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. Simply click below to discover how you can take advantage of this. FREE REPORT: Why this £5 stock could be set to surge See all posts by Peter Stephenslast_img read more

Beyond Meat isn’t the only ‘green’ stock I’d buy for my ISA today!

first_img “This Stock Could Be Like Buying Amazon in 1997” Royston Wild | Saturday, 15th May, 2021 | More on: WATR BYND 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. Image: Beyond Meat I’m looking for ways to save the planet. And I’m seeking to make a pot of cash in the process. Fortunately there are plenty of UK and US shares to help me do this. Beyond Meat  (NASDAQ: BYND) is one I’m thinking of adding to my Stocks and Shares ISA. But it’s not the only ‘green’ stock I’m thinking of buying soon.Profits poised to flowThe growing importance of responsible water usage makes Water Intelligence (LSE: WATR) a great UK share for the next decade, I feel. Why? The company is involved in the detection, finding and fixing water leaks for residential, commercial and municipal customers. And boy is business booming. Revenues here rose 38% in the three months to March. I expect demand for its services to keep booming as the climate crisis worsens too.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…The rise of responsible investing is turbocharging demand for so-called ethical investments like Water Intelligence shares. According to Close Brothers Asset Management, a hefty 65% of 2,000 investors it surveyed said that they “prioritise responsible investing over a desire to ‘simply maximise’ their financial return”. Rising concerns over the environment bodes well for this UK share, then, a holder of the London Stock Exchange’s ‘Green Economy Mark’.It’s worth remembering, though, that Water Intelligence carries a hefty valuation at current prices. City analysts expect the firm’s earnings to rise 13% in 2021. And this leaves the company trading on a forward price-to-earnings (P/E) ratio of 59 times. Such a lofty reading could prompt a sharp share price reversal if the company experiences any distress.A look at Beyond MeatAs I said earlier, I think Beyond Meat is a great ‘green’ share to buy today. A rising focus on animal welfare is one reason why vegan and vegetarian diets are popular. Concerns over the impact of livestock farming on greenhouse gas levels are also driving people away from animal-based foods.These issues explain why demand for Beyond Meat’s non-meat products is flying. Latest financials showed net revenues at the company soared 11.4% in the three months to March. This may have missed expectations but that sort of growth is still impressive given that its foodservice operations continued to suffer from Covid-19-related pressures. Beyond Meat is spending heavily so that it can play a big part in the meat-free revolution. As it said last week, it has remained “highly focused on investing in and building out production infrastructure in the US, the EU, and China” in recent months.That’s not to say that Beyond Meat (like any share) doesn’t have its problems. The company has a giant $1.1bn net debt mountain, which could constrain its growth plans. This is particularly high in relation to the foodie’s sales today (net revenues were a shade over $108m in the first quarter). Still, I think this US share’s market-leading position in a fast-growing marketplace makes it an attractive buy right now. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! 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. Our 6 ‘Best Buys Now’ Sharescenter_img Beyond Meat isn’t the only ‘green’ stock I’d buy for my ISA today! See all posts by Royston Wild I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Enter Your Email Address Simply click below to discover how you can take advantage of this. Royston Wild has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended Beyond Meat, Inc. 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

Northampton Saints’ Christian Day on concussion

first_imgIf you are a concerned player, or one with any suggestions, please contact Richard Bryan, the RPA’s rugby director who oversees player welfare and contractual issues. He can be emailed at: [email protected] or phoned at either 020 3053 6673  or  07921 065947. and please read more about how to deal with concussed players. You can find World Rugby’s guidance here: http://playerwelfare.worldrugby.org/concussionRead our in-depth, eight-page report on concussion in the April 2015 edition of Rugby World – on sale from Tuesday 10 March. For the latest Rugby World subscription offers, click here. To download the digital edition, click here. Mr chairman: Christian Day in action for Northampton Saints. Photo: Action Images LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Christian Day, chairman of the Rugby Players’ Association (RPA), believes that while there are steps still to be taken and a lot of information to digest on the issue of concussion, he is sure the governing bodies are making progress in looking after those involved.Rugby World has put together an eight-page feature on concussion for the April edition, looking at case studies from all over the world, highlighting some shocking stories, finding out about research being done and what needs to change as well as discussing how concussion is treated in grass-roots rugby. However, while things must improve further, Day insists his peers are not hiding from the dangers of professional rugby.“I would hope people playing the sport have given a serious look at the issues involved,” he says. “Obviously I’ve read a lot about it, and in America they’ve found links with concussion to Chronic Traumatic Encephalopathy (CTE) and neurodegenerative disease, but there have been no long-term studies in rugby yet. It is worth taking notice of and we have heard of the worst-case stories.“The message is getting through to players and there is education. Things are not going to totally change overnight, but even a few years ago players were getting the smelling salts.”Public speaker: Shontayne Hape has spoken out about his experiences. Photo: Action ImagesWe’ve also heard some of those saddening stories from the pro game. Shontayne Hape spoke of the pressure he felt to play in France through a column in the New Zealand Herald, explaining how he hid his symptoms, risking concussion from minor knocks because he was too proud, too scared, too embarrassed. He now fears for his memory and ability to concentrate. He worries that knocks twinned with a family history of dementia will cast a shadow over his future.We saw Shane Cleaver, an ex-Chiefs prop who captained ITM’s Taranaki, speak out through the same publication about his own experiences of hiding his symptoms, kidding himself and fooling medics so he could play on. He now works on a farm with his brother-in-law Craig Clarke, who also had to retire from the game due to concussion whilst with Connacht and who is still too guarded to talk publicly about his issues. But that’s the pro game. Worse is the tragic story of 14-year-old Ben Robinson, who died after a rugby game in 2011.Day has been saddened, too. He was disappointed to see his team-mate and friend George North be knocked “out cold” playing for Wales against England in the RBS 6 Nations. He watched on TV alongside millions of others, but the medics didn’t see it. Still, he is sure rugby is learning as a sport – that much is evident from the changes Wales introduced after the North incident. Day insists that the game has evolved, pointing out that 125kg forward Samu Manoa can run like a winger, and it’s pleasing for him to see laws being discussed because of this – citing a crackdown on no-arm tackles.But is rugby really forward-thinking enough?“I hope that we are. The Players’ Association have formed a good relationship with Chris Nowinski and the work by him and Bob Cantu is being looked at, and Scottish Rugby are doing a lot of good with their study of former players, so hopefully rugby is taking a lead.“I’ve been a professional for nearly 15 years and I’ve not seen players get pressured to play. I’ve seen people follow the protocols, but when you’re isolated it’s very different.“We’re all playing the game we love. However, if you don’t feel you are being looked after or you have any suggestions on how to improve things, feed it into the people that can make a difference. If you just speak to your close friends, you’ll never make a change. If you want to change the game you love, do come forward.”last_img read more

Johnny Sexton Wants To Play This Summer, Not Rest

first_imgOther players who have had hectic summers and Six Nations campaigns are Conor Murray and Tadhg Furlong, with some people calling for them to be rested. However, as you can see above, while a large number of Tests players who ply their trade in England and France are being put out on the paddock again this weekend, some of the Irish Grand Slam heroes are getting their R&R in.Related: Itoje mocks doubters over ‘tired’ jibesBut at the end of the day, the decision rests with Joe Schmidt, and the World Cup is clearly the focus. Ireland are an underachieving side in the tournament, never getting past the quarter-finals. If their best players have to be rested, Schmidt will undoubtedly do what is necessary. LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS No rest: Sexton wants to keep playing for Ireland (Getty Images) Johnny Sexton Wants To Play This Summer, Not RestIreland just won a Grand Slam, largely because of the play of Johnny Sexton, so you would think this is a good time to relax and rest the body a little bit. Add in the fact he played a pivotal role in the Lions Tour and that sentiment looks more and more attractive. Especially considering the World Cup is nearly a year away.But the Irish ten has no intention of resting, with the summer tour of Australia being of particular importance for the fly-half.Related: Sexton Omitted from Opta Team of the Tournament“As a player you want to play, I want to play for Ireland as many times as I can and the same with Leinster,” Sexton said.“We are very well looked after in Ireland and one of the biggest reasons in coming back to Ireland was to be under that IRFU umbrella. I want to play as many games and if I’m fit, I definitely want to go.”The tour of Australia has huge significance, as a series win in the southern hemisphere does wonders to a teams confidence.Sublime: Sextons drop goal against France was an incredible moment (Inpho)A series victory would give the Irish the impetus to go and achieve their goals in the World Cup, taking place in Japan a few months later.“When you are thinking about the World Cup in a few years time you want to tick as many boxes as you can to give yourself confidence going into it,” he said. “We can beat teams at home but you don’t get a home game in a World Cup and we have to know that we can beat these big teams away from home too.“Leading into a World Cup it is important to tick boxes along the way and beating Australia away from home would definitely be one of those so I would be mad keen on going.” The Irish fly-half wants to play this summer and beat Australia in their own back yard. Don’t forget to follow Rugby World on Facebook and Twitter.last_img read more

Enseada House / Arquitetura Nacional

first_img Brazil Enseada House / Arquitetura NacionalSave this projectSaveEnseada House / Arquitetura Nacional Architects: Arquitetura Nacional Area Area of this architecture project Photographs:  Marcelo DonadussiStructural Project:Carpeggiani EngenhariaMep Projects:Conducta and Técnica EngenhariaFurniture:Móveis Kretschmar and MaioraSoftware:ArchiCADProperty Area:483,53sqmArchitectural Project:Eduardo Maurmann, Elen Balvedi Maurmann, Paula Otto, Luiza OttoInterior Design:Eduardo Maurmann, Elen Balvedi Maurmann, Paula Otto, Luiza OttoCity:Xangri-LáCountry:BrazilMore SpecsLess SpecsSave this picture!© Marcelo DonadussiText description provided by the architects. The project was born from the request of a young family for a beach house to rest on the weekends and holidays. Xangri-lá is a famous destination for many people during the summer in southern Brazil. Therefore, as a vacation destiny, the project aimed the maximum integration between the family and their visitors. Save this picture!© Marcelo DonadussiSave this picture!PlanSave this picture!© Marcelo DonadussiOnce the lot is located in a condo, no gates were necessary. This, combined with the nice view of a lake, drove the architects to make the most of the surrounding landscape. The creation of shaded and fluids open spaces was the solution adopted in this project. Save this picture!SectionAs for the volumetry of the building, the choice was for pure materials with little interferences. The house has two main volumes made of different materials – wood and concrete. They are stacked, creating two large structural overhangings. Taking advantage of these shaded areas, the living spaces can be expanded according to the season. The connection between these volumes is made through the staircase, which is completely covered externally by greenery. The marble panels in the bedroom windows strengthens the upper concrete volume. Save this picture!© Marcelo DonadussiWith a tight schedule, the design and construction were executed in less than a year. Therefore, more than ever, the use of the BIM tool was proved crucial. After creating the conceptual design, there was a phase of preliminary detailing, where all materials and suppliers were defined and all possible interactions analyzed in depth. So when the executive project was generated, there were no significant changes that could have compromise the initial schedule. Save this picture!© Marcelo DonadussiSave this picture!PlanSave this picture!© Marcelo DonadussiProject gallerySee allShow lessCall for New Installations: RIBA’s Summer Showcase ‘Constructing Communities’Call for SubmissionsJeanne Gang Named Architect of the Year in AR’s 2016 Women in Architecture AwardsArchitecture News Share Enseada House / Arquitetura Nacional Photographs CopyHouses•Xangri-Lá, Brazil 2015 ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/783091/enseada-house-arquitetura-nacional Clipboard CopyAbout this officeArquitetura NacionalOfficeFollowProductsWoodSteelConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesXangri-LáXangri-láBrazilPublished on March 04, 2016Cite: “Enseada House / Arquitetura Nacional” 04 Mar 2016. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogMetal PanelsAurubisCopper Alloy: Nordic BrassGlassMitrexSolar GreenhouseLouvers / ShuttersTechnowoodSunshade SystemsFaucetsDornbrachtKitchen Fittings – EnoWoodSculptformTimber Tongue and Groove CladdingMembranesEffisusFaçade Fire Weatherproofing Solutions in Design District Project LondonHanging LampsLouis PoulsenPendant Lights – KeglenBlinds / Mosquito Nets / CurtainsBANDALUXPleated ShadesEnclosures / Double Skin FacadesFranken-SchotterFacade System –  LINEAWoodBlumer LehmannCNC Production for Wood ProjectsMaterials / Construction SystemsCaneplex DesignPoles – Tonkin BambooFibre Cement / ConcreteTegralFibre Cement Slate Roofing – Thrutone Endurance SmoothMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Projects Save this picture!© Marcelo Donadussi+ 27 Share “COPY” Houses ArchDaily Area:  317 m² Year Completion year of this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/783091/enseada-house-arquitetura-nacional Clipboard Year:  “COPY”last_img read more

French weekly censored in Morocco, Tunisia and Algeria for “attack on Islam”

first_img November 3, 2008 – Updated on January 20, 2016 French weekly censored in Morocco, Tunisia and Algeria for “attack on Islam” Hunger strike is last resort for some imprisoned Moroccan journalists June 8, 2021 Find out more RSF joins Middle East and North Africa coalition to combat digital surveillance News NSO Group hasn’t kept its promises on human rights, RSF and other NGOs say April 15, 2021 Find out more Morocco / Western SaharaMiddle East – North Africa Help by sharing this information “It is still more unfortunate that Algiers and Tunis decided to follow in Morocco’s footsteps” it added, wondering “if the kingdom is in the process of becoming an example for the repression of press freedom in the region.”The Moroccan authorities used Article 29 of the press code that authorises banning of publications “when they strike a blow at the Islamic religion, the monarchy, territorial integrity or respect for the king and public order”. The ministry employed this same prerogative against Moroccan weekly Nichane in December 2006, after it carried an article headlined “Jokes: how the Moroccans laugh about religion, sex and politics”. Nichane was seized again in August 2007, along with its French-language edition TelQuel, after it carried an editorial criticising a speech by King Mohammed VI. This issue also published articles dealing with “sex in Islamic culture”. Morocco was ranked 122nd out of 173 countries in Reporters Without Borders’ world press freedom index, released on 22 October 2008. Receive email alerts April 28, 2021 Find out more News News Morocco / Western SaharaMiddle East – North Africa RSF_en to go further News Follow the news on Morocco / Western Sahara Organisation Reporters Without Borders today voiced its dismay after Morocco’s communications ministry announced a ban on distribution of the international edition of the French weekly L’Express for an “attack on Islam”. Algerian and Tunisian authorities followed suit three days after the 31 October Moroccan decision, the US news agency Associated Press reported today. The 30 October to 5 November 2008 issue of l’Express had a cover page headlined “The shock: Jesus-Mohammed: Their journey, their message, their vision of the world”.A ten-page article inside presented portraits of the founders of Christianity and Islam days ahead of a meeting in Rome of Muslim and Catholic dignitaries on the initiative of Pope Benoit XVI, to “promote dialogue” between the two monotheist religions. “It is unfortunate that the communications ministry has one again chosen to resort to censorship to have a newspaper banned which was only bringing elements to the debate on an issue in the news that is of major interest to its Moroccan readers”, the worldwide press freedom organisation said.“This decision is all the more surprising since the Moroccan authorities never stop describing the kingdom as an historic place of dialogue and coexistence between cultures and religions”.last_img read more

J&K HC Initiates Suo Moto Contempt Against Govt. Departments For Flouting Its 14 Year Old Stay Order And Initiating Parallel Proceedings In A Different Bench

first_imgNews UpdatesJ&K HC Initiates Suo Moto Contempt Against Govt. Departments For Flouting Its 14 Year Old Stay Order And Initiating Parallel Proceedings In A Different Bench Monisha Purwar1 Aug 2020 10:55 PMShare This – xThe Jammu & Kashmir High Court has initiated suo moto contempt proceedings against Department of Health and Medical Education and the Jammu & Kashmir Public Service Commission for non-compliance of the interim orders of the Court in a matter pending before it since 2006. The Jammu Bench of the Court on being apprised of the fact that parallel proceedings contrary to its orders…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Jammu & Kashmir High Court has initiated suo moto contempt proceedings against Department of Health and Medical Education and the Jammu & Kashmir Public Service Commission for non-compliance of the interim orders of the Court in a matter pending before it since 2006. The Jammu Bench of the Court on being apprised of the fact that parallel proceedings contrary to its orders had already been settled by the Srinagar Bench of the Court also imposed a fine of 1 lakh each on the departments for their casualness in not informing the Court of other identical proceedings. Background Multiple petitions had been filed before the Jammu Bench of the Court in the year 2006 seeking quashing of a Government Notification dated 13 October, 2005 that mandated a prior work experience of three years for selection to the post of Deputy Medical Superintendent. The Court heard all these petitions together and in June, 2006 passed a combined order to the Government departments concerned to hold the declaration of final results to the post till the dispute was settled by the Court. Post that, the parties stopped pursuing the matter and the last listing in the matter dates back to 2008. The Court in June 2020, as the matter was in its supplementary cause list, noted that selection to the post of Deputy Medical Superintendent, which is one of the most important job in any hospital had been vacated by its order of April, 2006 and even the Government departments had not pursued the matter thereafter. On inquiring about the status of the matter, it was revealed to the Court that similar matters had been going on before the Srinagar bench of the Court, one of which had been disposed in October, 2019. The Court, on perusal of the orders of the Srinagar bench in the related matters, found that three out of eight selections to the post had taken place in 2007 against its order of stay and the same had been challenged before the Srinagar bench. The Srinagar bench was not apprised that matters challenging the same selection process were also pending before the Jammu Bench. The Srinagar bench in its final order had upheld the three selected posts and had ordered for the appointment of the petitioners retrospectively in the other posts with all the consequential benefits minus the monetary benefits. Parallel proceedings and Contempt of Court Justice Rajesh Bindal noted that there are numerous such cases involving important issues like admission to professional courses, construction of roads, colleges, community centers and other projects of development that are pending consideration of the Court since decades and in many of them, stay orders have been passed by the Court and yet Government departments and counsels have not apprised the Court of the requisite information to get them disposed. The Court noted that in Santosh Kumari v State of J&K and Others of June, 2020, detailed reasons have been recorded by the Court to take up the matters that have been pending since decades where the parties have stopped taking an interest in them. With respect to the dispute at hand, the Court called out the Government departments and the counsels for their casualness in dealing with the matter. It ruled that The Public Service Commission is a single authority which carries out the selection process. It cannot escape from its responsibility to apprise the Court as to whether there is any other matter, pertaining to same selection, pending before the other Bench. For this total casualness which has resulted in passing different contradictory orders, the J&K Public Service Commission as well as the Commission Secretary, Department of Health and Medical Education, are burdened with costs of Rs. 1 lakh each. The amount shall be deposited in the J&K State Legal Services Authority, within a period of four weeks from the date of receipt of copy of the order. The Court also noted that due to the resulting anomalies because of the conduct of the counsels, the Srinagar bench had to direct appointment of petitioners retrospectively. It stated that this may have resulted in direct appointments to a promotional post that required prior work experience which the petitioners might be lacking. It further stated that The authorities should realize that on account of their lapse how much loss can be caused to the system. It also noted that the attitude of the legal officers of the Government departments concerned in handling the matter primarily leads to the conclusion that they had connived with officers of other departments who had direct interest in delaying the process of appointment so that they can enjoy their status and other perks attached to the higher post. The Court thus issued a notice to the Secretary, Department of Health and Medical Education and the Secretary, Jammu & Kashmir Public Service Commission to show cause as to why contempt proceedings should not be initiated against them for violation of the interim orders of the Court while registered a suo moto contempt petition against them. It stated that Suo-moto contempt proceedings have been initiated in the case in hand for the reason that there is a dire need to inculcate the habit of complying with the Court orders in the Union Territory of Jammu and Kashmir, which otherwise are taken too casually. The matter has been listed on 26 August 2020 and the Secretaries of the concerned departments have also been directed to apprise the Court of the people who were at the helm of affairs when the Court’s order was flouted so that they can be made a party to the contempt proceedings. Law departments of the Government needs revamping The Court also noted that there are many similar cases where there has been a total casualness on part of counsels to apprise the Court about similar matters pending in Court in different categories. The Court stated that The final result in number of cases is contradictory and sometimes different orders are passed in cases involving identical issues, which results in shattering public faith and confidence in judicial system. Different departments of the Government especially the law department needs to revamp itself. There are chances of connivance of officers/officials in different departments, which results in this kind of situation. It also stated noted the loss caused to many Government employees due to such conduct by officers in power as follows There are hundreds of cases pending before the Benches of this Court, wherein orders of transfer have been stayed…some even relate back to the year 2010…as a result of the interim stay granted, those persons had been serving at the same place for decades. This also results in heart burning of other employees in the Department who may be transferred either prematurely or when it is due as per the transfer policy having completed their tenure.Click Here To Download Judgment[Read Judgment] Next Storylast_img read more