3 embarrassingly cheap shares that I’d invest in

first_img Our 6 ‘Best Buys Now’ Shares Even with the stock market recovering well from its steep March fall, there are opportunities for savvy investors to pick up shares that are still very cheap.A discount on a range of companies and assetsOne such share I think is Temple Bar Investment Trust (LSE: TMPL) which has a dividend yield of over 7%. On top of that, the discount to net asset value is around 10%. This is a great combination and makes the shares great value in my opinion.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 trust has a gearing of around 13.3% which is higher than some other similar trusts and this does add some risk, especially when the market falls.  At the end of March, the trust had Royal Dutch Shell and Barclays and RBS as its third, fifth, and sixth biggest holdings respectively. It’ll be interesting to see if that’s changed in light of dividend cuts.13.3% of the trust is in cash with further hedges provided by 2.9% being in physical silver and gold. The heavy weighting towards big UK companies at a time of dividend cuts is slightly concerning, but for now, I think the big cash position should see it through.The limping asset managerJupiter Fund Management (LSE: JUP) combines a yield of 7.5% with a price-to-earnings ratio that is under eight. This indicates to me that the shares are very cheap.Jupiter is looking to scale up its business by buying growth. In February Jupiter agreed to acquire Merian Global Investors for £370m. It has since stated the deal will go ahead despite the economic uncertainty at the moment.Both asset managers have been hit by outflows which makes the deal challenging but Merian does have margins of around 50% which is very high, even in this industry. Merian will also boost earnings per share from 2021 as well which is good for management and shareholders.This isn’t a business that’s firing on all cylinders, but that gives it the potential to recover from a low base. I think the shares look cheap and could be worth a look, especially with a long-term mindset.Relying on squeezed marketing budgetsWPP (LSE: WPP) is one of those businesses that suffers during a downturn. But assuming any economic downturn isn’t too long-lasting I expect it offers value at the current depressed price. I’m tempted to pick up more of the shares.That’s because the P/E is now under eight, which puts it on a very similar level to Jupiter. What that shows is many investors are fearful for the future. But if management can keep slimming the business down and further cut debt, while keeping the agencies in the business performing well, then I’m optimistic about WPP’s future.Conventional wisdom is that companies should reduce marketing spend during a recession. However, there is academic evidence that actually it might be the best time to spend and gain market share, as less well-financed competitors struggle. If enough companies take this view, WPP could do well and for now, the shares are embarrassingly cheap.  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. Andy Ross owns shares in WPP. 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. Enter Your Email Address 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. “This Stock Could Be Like Buying Amazon in 1997” 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.center_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. 3 embarrassingly cheap shares that I’d invest in Image source: Getty Images. Andy Ross | Tuesday, 12th May, 2020 | More on: JUP TMPL WPP See all posts by Andy Rosslast_img read more

House plans to pass controversial jobs bill in Monday’s plenary session

first_imgHouse Legislation body (Baleg) deputy chairman Willy Aditya confirmed the plan with the Post.“Yes, that’s the plan,” he said.The House’s Steering Committee (Bamus) is scheduled to meet earlier on Monday to finalize the schedule for the endorsement in the plenary meeting after receiving a letter from Baleg’s chairman on Oct. 2 about the job creation bill.Another Baleg deputy chairman, Achmad Baidowi, said Baleg was waiting for the result of Bamus’ Monday meeting to decide on the plenary session’s schedule to endorse the bill. House Deputy Speaker Sufmi Dasco Ahmad confirmed on Monday the plan to move the plenary session forward from Thursday to Monday.”We will hold a leadership meeting on the plenary schedule, which was originally scheduled for Oct. 8,” he said.However, he claimed that the House was still undecided over the date of the plenary session to pass the omnibus bill on job creation.Seven House factions have conveyed their approval of the bill, namely the Indonesian Democratic Party of Struggle (PDI-P), the Golkar Party, the Gerindra Party, the NasDem Party, the National Awakening Party (PKB), the National Mandate Party (PAN) and the United Development Party (PPP). Two other factions – the Democratic Party and the Prosperous Justice Party (PKS) – have objected to the bill.Labor unions and civil rights groups are set to stage large-scale protests from Monday to Thursday to voice opposition against the bill.Topics : The House of Representatives plans to pass the controversial omnibus bill on job creation into law in a plenary session on Monday, sooner than its initial plan on Thursday.The lawmakers and the government had been holding meetings, even on weekends, to expedite the deliberation and on Sunday the two parties agreed to pass the bill into law. The plan emerged despite mounting opposition from members of the public, particularly labor groups, as the endorsement of the bill was feared to eclipse workers’ rights.A House document obtained by The Jakarta Post stated that the bill’s endorsement would take place in a plenary session on Monday at 2 p.m. concurrently with the House speaker’s closing speech for the first session of the 2020-2021 sitting term.last_img read more

Poe’s Perspective: Newton’s comments are beyond dismaying

first_imgIt’s another Thursday in the Daily Trojan sports section and, yet again, I’m writing about the treatment of women in sports media.I’m sorry, everyone. I don’t want to talk about this. I really don’t. If it was up to me, the phrase “women in sports” would never need to be uttered by anyone, anywhere, because female fans and reporters and athletes would receive the exact same treatment as anyone else.But that’s not how it is. As women, we can’t ignore that fact because it is something that we are reminded of every single day. Often, it’s by people we can ignore easily — random trolls in our Twitter mentions, nameless commenters on our articles.Then, on some terrible, awful, no-good, very bad days, it’s a star NFL quarterback smirking and cracking jokes about the supposed humor of hearing a woman talk about receiver routes.It was a short, simple scene. As usual, Carolina Panthers quarterback Cam Newton stood at the podium for a daily press conference after practice. Jourdan Rodrigue, the Charlotte Observer Panthers beat reporter, asked a fairly straightforward question about the routes the team had been calling for wide receiver Devin Funchess.Newton smirked as Rodrigue asked the question, then paused before responding.“It’s funny to hear a female talk about routes,” Newton laughed. Then he answered her question.There are countless directions I could go from here, but first off, let’s just look at how unbelievably weird this comment is in context. Rodrigue has been the Panthers beat writer for a full year after coming onto the Observer staff last October. She’s not a new face, or a new voice, in press conferences. And it’s not like there aren’t women reporting elsewhere in the NFL. Beth Mowins called Monday Night Football weeks ago, and Jemele Hill hosts one of the most popular ESPN shows. Heck, the sports editor of The Auburn Plainsman during Newton’s Heisman-winning season was, in fact, a woman. There is no way Newton got this far without having a “female” ask him an articulate, intelligent question about wide receiver routes.So why today? Why now? Where did this random and rather embarrassing rash of sexism come from, and why did Newton let it slip in such a public format?Who knows. Who cares. Look, I’ve been a fan of Newton. I like his style, his dance moves and his physical style of play. I respect the difficulty of being a black quarterback in the blazing spotlight of the NFL, and I’ve always thought he comported himself with class, even through difficult personal and professional situations.This comment was the opposite of classy. It was abrupt and dismissive and unnecessary. And it’s just part of a broader, more pervasive issue in sports as a whole.A lot of people — mainly men — are trying to wave this whole thing off.“Why is people making a fuss about cam and the woman reporter he laughed than answered her question but it was funny first time for me to,” tweeted Roddy White, a former wide receiver for the Atlanta Falcons.So let’s break this down. It’s sexist to laugh at a woman for talking about sports because you are suggesting that her gender has some inherent effect on her ability to enjoy and understand athletics. Therefore, what Newton did was sexist. There’s no argument there. No negotiation. No discussion. And if there’s anyone who should know better than this, it’s Cam Newton. As a black quarterback, he has been questioned and ridiculed and targeted for years, probably since he first started playing back in Pop Warner. He knows what it feels like to be considered less than, to be considered not good enough to fulfill the duties of his dream job.So why put someone else in the same position? Why demean another person who is attempting to do the job she’s been doing for the past year? There’s no reason for that — no excuse — and it’s not something an apology can fix overnight. I can’t imagine how Rodrigue will feel when she walks back into work at the Panthers’ training facility tomorrow. I have no idea how many days or weeks or months it takes to gain back the confidence that Newton stole from her that day. Being a woman in sports won’t be easy any time soon, but men must start actively choosing to make it less difficult. The NFL must fine Newton for his comments immediately. The Panthers must release an apology. Not a two-sentence quick hit, but something long and heartfelt and devoted to making a change. And Newton must acknowledge the full gravity of what he did, both to Rodrigue and every other woman who heard his words.We still have a lot of work to do. We still have a lot of minds to change. But today, Rodrigue will go back to work. So will I. So will every other female sports reporter in the country. And we will do that work until that joke isn’t funny to anyone anymore.A few weeks ago, I wrote about the hope of Mowins’ historic night on Monday Night Football. I wrote about the steps we are taking forward, the progress we are making, the promise that I see so soon in the future of every woman who loves sports. But Wednesday made me think that maybe all that hope, all that promise, is a lot further away than we expected. Julia Poe is a junior studying print and digital journalism. She is also the sports editor of the Daily Trojan. Her column, Poe’s Perspective, runs Thursdays.last_img read more

Evaluate Current, Future Workforce Needs Now!

first_imgChamber workforce development staff is currently meeting with employers to discuss both current job opportunities and future workforce needs. The Chamber wants to ensure training funds are used effectively and need your guidance. Heroes at Home 2 is the result of a $4.8 million grant from the U.S. Department of Labor. It was awarded to the Pacific Mountain Workforce Development Council and Workforce Central in partnership with Washington State Employment Security Department, Thurston County Economic Development Council and the City of Lakewood. It was awarded due to the Base Realignment and Closure Action of 2005 and subsequent relocation of military personnel and families to Joint Base Lewis-McChord. Resources include funds for training, certification, and on-the-job training for qualified military spouses. The Thurston County Chamber is an equal opportunity employer and provider of employment and training services.  Auxiliary aids and services may be available upon request to persons with disabilities.  Funds made available through the Pacific Mountain Workforce Development Council and Consortium. Businesses interested in discussing workforce needs, and potentially hiring military spouses from the program, can contact Stephanie Scott at 360.357.3362 or [email protected] Facebook0Tweet0Pin0The Thurston County Chamber is a partner in Heroes at Home 2, an initiative to train and place 825 military spouses in Thurston and Pierce counties.last_img read more

Vintage Firehouse For Sale

first_imgLiberty House firehouse, 40 White St., was sold to Michael Morgan, of Rumson, for $400,000. Plans call for the structure to be redeveloped as residential and commercial use, possibly a restaurant or retail site on the first floor and apartments on the upper level. By John BurtonRED BANK – If you’ve ever wanted to own your very own firehouse, the Borough Council has one to sell you.The council is looking to sell the second of its borough-owned fire facilities. It is seeking bids for the firehouse at 32 Mechanic St. that currently houses the Independent Fire Company and its equipment. According to Borough Administrator Stanley Sickels, the two-story, approximately 2,200-square-foot building was constructed in 1910, at a time when the borough volunteer fire department relied primarily on hand-drawn and then horse-drawn equipment to battle local blazes.Given the building’s age, “It’s largely antiquated,” and limited in keeping modern firefighting equipment.“It’s very tight. There’s not a whole lot of space in the building,” for the company and equipment, he said.The location had first housed automotive equipment in 1912, according to Sickels, who also serves as the borough’s fire marshal as well as a longtime member of the borough’s volunteer fire department.The building remains largely as it was when it was first built and “it hasn’t been updated in decades,” Sickels noted. But the fire company did replace the roof in the aftermath of Sandy, when the 2012 super storm further damaged the already in poor shape roof, he continued.The local volunteer fire department, much like volunteer organizations around the state and country, has had difficulty getting new members. And with the diminished ranks, Sickels pointed out, the borough department is looking to consolidate membership and equipment among its six companies.The Independent Fire Company will likely move its equipment to the borough First Aid Squad facility, 121 Spring St., but the details are still being finalized by department members, according to Sickels.That was the case when borough officials looked to sell the Liberty Hose Fire Company firehouse, 40 White St., two years ago, when the company and equipment relocated to the First Aid building.Those seeking to submit a bid must do so by Aug. 30 prior to 10 a.m. Officials are planning to open them at 10 a.m. on that date at the Municipal Complex, 90 Monmouth St.Officials did not advertise for a minimum amount. But all bids must contain a $750 check to cover legal and search fees and cost of advertising, according to the borough council-approved resolution. In addition to the $750, bidders must enclose another check for 10 percent of the bid amount for deposit.Unsuccessful bids will have their money returned and if there is a winning bid, the purchaser will have 30 days to complete the transaction.Borough officials have the right to reject all bids, Sickles explained.Anyone who looks to buy the site “would need to update for a change of use,” and would be subject to all construction and development requirements, he added. The Independent company and Liberty House firehouses are the only two owned by the borough. The other fire companies are independently incorporated with the companies responsible for maintaining the buildings.last_img read more

PCB lifts ban on Rana

first_imgPakistan Cricket Board on Saturday lifted a one-year ban imposed on all-rounder Rana Naved ul Hasan, paving the way for his return to the national team.The cricket board also reduced the fine to rupees 10 lakh from 20 lakh.Hasan was one of the seven Pakistani cricketers, who were banned by the PCB after their disastrous Australian tour early this year.Except for Hasan, PCB had lifted bans imposed on all other players.Hasan had appealed against the ban appeared before an appellate tribunal, to hear his appeal.”I take everything positively and I consider myself very lucky. I will make every effort to return to the Pakistani side,” Hasan said.He met with the PCB chairman Ijaz Butt last month in which he apologised for his conduct and behaviour on the Australian tour that eventually led to his ban and fine of two million Pakistani rupees.The all-rounder, who has not played cricket in the last six months sue to ban, said he played in domestic cricket to get back to the national side.”There is a crisis in the Pakistani team and I will make every effort when the selectors choose players again. I hope they will select me. The board accepted my plea. and I hope to play in a domestic T20 tournament coming up,” he said.- With PTI inputslast_img read more

How hockey allowed Rani Rampal to build a nice home for her parents

first_imgRani Rampal recently captained the Indian women’s hockey team to a silver-medal finish at the Asian Games 2018. The team performed beyond expectations but came up just short in the final and could not book a berth at the 2020 Tokyo Olympics.However, it has been a long and arduous journey for Rani Rampal. From taking baby steps in the Kurukshetra district of Haryana to becoming the captain of the Indian hockey team and travelling all over the world with the team, Rampal has taken huge strides.When Rampal first began playing hockey, she did not think of representing India or getting a job through the sport, all that was in her mind was building a nice home for her parents. Having lived in a soil house, where water would seep in every time it rained, Rampal only wanted to build a true house.From a 6-year-old beginning that journey to a 21-year-old (two years ago) fulfilling that promise she made to herself, Rani Rampal has fulfilled the dream — at least one of her dreams now.WATCH FULL SESSION”There was a time when I started hockey. I belong to Haryana and some 20 years back, girls were not allowed to leave home in Haryana so playing sports was something unthinkable.”When I first told my parents that I want to play hockey, their expression was such that I had said something wrong. I don’t blame them because the society put that kind of thought. All parents want their kids to do well but it is the society that tells that she is a girl and if you let her leave, she will bring bad name to the family and ideas like that. But eventually, they did agree,” Rani Rampal said at India Today East Conclave 2018.advertisementRampal then went on to describe her entire journey to fulfilling that dream of hers.Also read – People’s expectations motivating but scary, says Swapna Barman”I belonged to a poor family but my coach Baldev [Singh] sir, he helped me a lot. When my parents could not get me hockey stick and shoes, he did that. He wanted to get poor kids, do something for them and make them play for India.”My house was not solid so water will come in whenever it would rain and we used to pray for the rain to stop. I didn’t know how you could represent India or anything like that but all I wanted was to get my house made. I had to convince my parents to go to stadium and I told them that if I do something wrong, bring me back.Also read – Swapna Barman on mother’s viral video: Even Prime Minister was talking about it”When I went to the field, I was only thinking of making my house, not about representing India or a job but I have worked hard all my life for just that house. After a lot of years of hard work from me, my coaches and other players, after 2016 Olympics, I thought of making the house for my parents. Women’s hockey doesn’t fetch you a lot of money so only after Olympics I could get the house made for my parents,” Rampal shared.Also read – Indian women’s hockey team set to be included in TOPS after Asian Games 2018 silverRampal further described how women’s hockey is developing in India and how the year 2018 has been for them. She shared the team’s and her tales of overcoming challenges, letting go of bad moments and how they kept their focus.”Women’s hockey is being followed now and the reason is that after 2016 Olympics, the women’s hockey has progressed. We won gold in Asian Cup [last year] and gold and silver Asian Champions Trophy [2016 and 2018, respectively].Also read – East Conclave 2018: All this adulation and fanfare feels like a dream, says Swapna Barman”Now we are getting exposure and playing against better teams has helped us elevate our game. In the Commonwealth Games 2018 [CWG], we lost a close match to Australia in their home ground. In the beginning of 2018, we set a target for World Cup, CWG and Asian Games and we wanted to qualify for 2020 [Tokyo Games] through Asian Games but it didn’t happen. Like Jhulan just said, we also wanted to play [the Asian Games final vs Japan] again but sports doesn’t allow that.”In the 2018 World Cup, we lost to Ireland in shootouts. It was a record in itself because we had never before lost in shootouts. We felt like our career had ended but we had Asian Games just a week later and it was so tough to move ahead but we talked and thought that we can’t change what has happened but if we do it again in Asian Games we won’t be able to forgive ourselves. We thought if we could qualify for Olympics through Asian Games, we would like if we lost something so we did gain something else too but unfortunately we lost to Japan.”advertisement(Written by Abreshmina S Quadri)last_img read more

2011 Vawdon Cup

first_imgClose to 80 teams will compete in the Vawdon Cup across nine divisions including the three Premier League divisions (Men’s, Women’s and Mixed), Men’s (divisions one, two and three), Women’s (divisions one and two) and Men’s seniors/masters. Round one of the Men’s Premier League will see newcomers the Bankstown Jets take on Wests Magpies, last year’s Vawdon Cup runners-up, the Penrith Panthers play the Manly Sea Eagles, 2010 champions, the Hornsby Lions versus the Canterbury Bulldogs, Easts Roosters play the Parramatta Eels, while the Central Coast Dolphins have the bye. Round one of the Women’s Premier League will see the 2010 Vawdon Cup grand final rematch, with the Wollongong Devils taking on Wests Magpies. In other games, the Penrith Panthers will play the Manly Sea Eagles, Easts Roosters will take on the Parramatta Eels, Wallsend Wolves will meet Taren Point, while the Varsity Stingers will play the Canterbury Bulldogs. Men’s Premier LeagueBankstown Jets v Wests MagpiesPenrith Panthers v Manly Sea EaglesHornsby Lions v Canterbury BulldogsEasts Roosters v Parramatta EelsBye – Central Coast DolphinsWomen’s Premier LeaguePenrith Panthers v Manly Sea EaglesWollongong Devils v Wests MagpiesEasts Roosters v Parramatta EelsWallsend Wolves v Taren PointVarsity Stingers v Canterbury BulldogsMixed Premier LeagueUNSW Bullets v Taren PointWests Magpies v Easts Roosters 2Penrith Panthers v Norths BearsEasts Roosters 1 – byeThe referee appointments for round one of Vawdon Cup can be viewed here:http://www.sportingpulse.com/assoc_page.cgi?client=14%20-714-0-0-0&sID=3935&&news_task=DETAIL&articleID=16575349&sectionID=3935 To keep up-to-date with all of the latest news and information from the 2011 Vawdon Cup, please click on the following links:http://vawdoncup.sportingpulse.net www.nswtouch.com.aulast_img read more