Current capital – Angil http://angil.org/ Mon, 08 Aug 2022 17:22:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://angil.org/wp-content/uploads/2021/06/icon-2021-06-29T195041.460-150x150.png Current capital – Angil http://angil.org/ 32 32 Sachem Capital Stock: A Large Covered Yield. Why I buy (NYSE:SACH) https://angil.org/sachem-capital-stock-a-large-covered-yield-why-i-buy-nysesach/ Mon, 08 Aug 2022 17:22:00 +0000 https://angil.org/sachem-capital-stock-a-large-covered-yield-why-i-buy-nysesach/ Vertigo3d When Sachem Capital (NYSE: SACH) increased its quarterly dividend to $0.14 per share, a 16.7% increase from the previous dividend of $0.12, its long-term investors reacted with surprise and jubilation. The previous payout was seen by some as somewhat risky due to the uncertain macro environment and worries about whether it has been covered. […]]]>

Vertigo3d

When Sachem Capital (NYSE: SACH) increased its quarterly dividend to $0.14 per share, a 16.7% increase from the previous dividend of $0.12, its long-term investors reacted with surprise and jubilation. The previous payout was seen by some as somewhat risky due to the uncertain macro environment and worries about whether it has been covered. Therefore, the decision to increase his quarterly payout appears likely to lessen these concerns while reflecting the long-term management objective of providing attractive risk-adjusted returns to shareholders through dividends.

Based in Connecticut, Sachem is a real estate finance company specializing in originating, servicing and managing a portfolio of prime mortgage loans. The non-bank lender typically focuses on short-term, 12-36 month secured loans to property investors looking to finance residential or commercial development projects. Although it has a presence in 15 states, the company primarily focuses on Connecticut, Massachusetts and New York.

The property development market is extremely capital intensive, with developers relying heavily on borrowed capital to acquire, develop and maintain properties. Sachem focused on meeting this demand through relatively small loans. The company has an average loan size that is currently under $500,000, but has increased significantly in recent quarters.

Chart
SACH data by YCharts

The company’s common shares are currently trading at just over $5, which puts Sachem’s total market capitalization at $183.5 million, down from around $220 million at its peak when the shares traded at 6. .40 dollars. The decline was supported by general unease in equity markets caused by rising inflation, interest rates and recessionary pressures. This of course presents systematic risks for Sachem as it could slow demand for their loans, lead to increased defaults on their current loan portfolio or reduce the value of properties used as collateral by its clients.

Sachem navigates the short-term loan market for strong results

Sachem last reported earnings for its second quarter of fiscal 2022, which saw revenue of $12.5 million. This is an 87% growth over the prior year quarter and a beat of $870,000 on consensus estimates. Management said the increase was primarily due to an expansion of lending operations to new geographies and larger loan sizes. Interest income of $10.4 million accounted for the bulk of revenue and was up approximately $5.8 million or 122.8% from a year ago. Set-up fees at $2 million also increased, up 145% from $832,000 in the prior year quarter.

The company’s earnings per share in the quarter were $0.16 thanks to non-GAAP adjusted earnings of $5.8 million. As Sachem is structured as a REIT, it is required to distribute a minimum of 90% of taxable income each year to its shareholders. This emphasizes increasing the quarterly dividend payout and yield by 11% as it is covered by adjusted EPS. Accordingly, the strong growth momentum in Sachem’s lending operations should enable the company to continue to deliver strong results over the coming quarters and possibly further incremental dividend payout increases. It depends on the broader macroeconomic backdrop not deteriorating further.

The fact that Sachem’s managed to grow total assets by 25.7% year-over-year to $525.4 million is praise for its management’s ability to manage disruptions and the weakening of the economy that we have seen since the beginning of the year. This growth is mainly attributable to a $130 million expansion of their loan portfolio. However, total liabilities also increased to $320.4 million, a 34.7% increase over prior year liabilities with cash and cash equivalents of $29 million at year-end. trimester.

I buy because of the performance

Sachem Capital offers an attractive return in an uncertain macroeconomic environment. I buy because I need income. Inflation continues to rise, hitting household budgets hard as we all watch the prospect of double-digit inflation figures on the back of Russia’s unprovoked war on Ukraine. That could lead to further Fed funds rate hikes and reduce demand for short-term loans that have supported Sachem’s net income growth since its IPO.

The need to create a more reliable stream of income in the face of what appears to be months of heightened financial hardship for millions of people is one of the main reasons I expanded my position at Sachem. While this also presents a risk of capital destruction and potential reduction in dividends, the alternative of seeing your lifestyle eroded by inflation is too serious to ignore. I view Sachem as a buy based on its financials which have supported the recent dividend increase. Indeed, the macro environment poses risks to the very well-managed company, but overall this is a non-Sachem systematic issue that must be assessed when investing in all public companies.

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Victory Capital Management Inc. sells 2,281 shares of Assurant, Inc. (NYSE: AIZ) https://angil.org/victory-capital-management-inc-sells-2281-shares-of-assurant-inc-nyse-aiz/ Sat, 06 Aug 2022 09:36:57 +0000 https://angil.org/victory-capital-management-inc-sells-2281-shares-of-assurant-inc-nyse-aiz/ Victory Capital Management Inc. reduced its position in Assurant, Inc. (NYSE: AIZ – Get a rating) by 2.3% in the 1st quarter, according to its last Form 13F filed with the Securities and Exchange Commission. The institutional investor held 97,539 shares of the financial services provider after selling 2,281 shares during the quarter. Victory Capital […]]]>

Victory Capital Management Inc. reduced its position in Assurant, Inc. (NYSE: AIZGet a rating) by 2.3% in the 1st quarter, according to its last Form 13F filed with the Securities and Exchange Commission. The institutional investor held 97,539 shares of the financial services provider after selling 2,281 shares during the quarter. Victory Capital Management Inc. owned approximately 0.17% of Assurant worth $17,736,000 when it last filed with the SEC.

Several other hedge funds and other institutional investors also changed their positions in AIZ. Parallel Advisors LLC increased its stake in Assurant shares by 197.2% in the first quarter. Parallel Advisors LLC now owns 211 shares of the financial services provider valued at $38,000 after buying an additional 140 shares in the last quarter. Quent Capital LLC bought a new position in shares of Assurant in the fourth quarter worth $55,000. Life Planning Partners Inc bought a new stock position in Assurant in the fourth quarter worth $58,000. Dupont Capital Management Corp increased its stake in Assurant shares to 78.6% in the first quarter. Dupont Capital Management Corp now owns 409 shares of the financial services provider valued at $74,000 after buying an additional 180 shares last quarter. Finally, Steward Partners Investment Advisory LLC increased its stake in Assurant shares by 20.8% in the first quarter. Steward Partners Investment Advisory LLC now owns 447 shares of the financial services provider valued at $81,000 after buying 77 additional shares last quarter. 91.36% of the shares are held by institutional investors.

Analyst upgrades and downgrades

A number of research companies have commented on AIZ. StockNews.com cut Assurant’s shares from a “buy” rating to a “hold” rating in a research report on Wednesday. Piper Sandler downgraded Assurant’s shares from an “overweight” rating to a “neutral” rating and lowered her price target for the stock from $205.00 to $185.00 in a research report from the Friday, June 24.

Assurant Trading down 0.6%

Shares of Assured stock opened at $155.29 on Friday. The company has a 50-day moving average of $172.57 and a 200-day moving average of $173.40. The stock has a market capitalization of $8.40 billion, a PE ratio of 7.57, a PEG ratio of 0.70 and a beta of 0.53. Assurant, Inc. has a 52-week low of $144.18 and a 52-week high of $194.12. The company has a debt ratio of 0.48, a quick ratio of 0.40 and a current ratio of 0.24.

Assuring (NYSE: AIZGet a rating) last announced its results on Tuesday, August 2. The financial services provider reported earnings per share (EPS) of $2.95 for the quarter, missing analyst consensus estimates of $3.18 per ($0.23). Assurant had a net margin of 11.80% and a return on equity of 11.61%. In the same quarter a year earlier, the company posted earnings per share of $2.99. As a group, sell-side analysts expect Assurant, Inc. to post EPS of 12.8 for the current year.

Assurant announces dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 19. Shareholders of record on Monday August 29 will receive a dividend of $0.68. This represents a dividend of $2.72 on an annualized basis and a dividend yield of 1.75%. Assurant’s payout ratio is currently 13.26%.

About Assurant

(Get a rating)

Assurant, Inc, together with its subsidiaries, provides lifestyle and housing solutions that support, protect and connect consumer purchases in North America, Latin America, Europe and Asia-Pacific. The Company operates through two segments: Global Lifestyle and Global Housing. The Global Lifestyle segment offers mobile device solutions, extended service products and related services for mobile devices, consumer electronics and home appliances; vehicle protection and related services; and credit protection and other insurance products.

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Institutional ownership by quarter for Assurant (NYSE:AIZ)



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Volcano near Iceland’s capital, main airport erupts again after 8-month break https://angil.org/volcano-near-icelands-capital-main-airport-erupts-again-after-8-month-break/ Wed, 03 Aug 2022 23:46:44 +0000 https://angil.org/volcano-near-icelands-capital-main-airport-erupts-again-after-8-month-break/ A volcano in southwest Iceland began erupting on Wednesday, the country’s meteorological authorities said, just eight months after its last eruption officially ended. The Icelandic Meteorological Office has urged people not to approach the Fagradalsfjall volcano, located 32 kilometers southwest of the capital, Reykjavik. The eruption in an uninhabited valley is not far from Keflavik […]]]>

A volcano in southwest Iceland began erupting on Wednesday, the country’s meteorological authorities said, just eight months after its last eruption officially ended.

The Icelandic Meteorological Office has urged people not to approach the Fagradalsfjall volcano, located 32 kilometers southwest of the capital, Reykjavik.

The eruption in an uninhabited valley is not far from Keflavik Airport, Iceland’s international air traffic hub. The airport remained open and no flights were interrupted.

A live video feed from the site showed magma gushing out of a narrow fissure about 100 to 200 meters long over a lava field from last year’s eruption, the first on the Reykjanes peninsula in nearly 800 years.

Scientists had anticipated an eruption somewhere on the peninsula after a series of earthquakes over the past week indicated volcanic activity near the crust.


Volcanologist Magnus Tumi Gudmundsson told The Associated Press that the eruption appeared to be small.

“But we don’t know where things are in the process,” he said as he boarded a helicopter for a first look.

The 2021 eruption in the same area produced spectacular lava flows for several months. Hundreds of thousands of people flocked to see the spectacular spectacle.

Iceland, located above a volcanic hotspot in the North Atlantic, records an eruption every four to five years on average.

The most disruptive of recent times was the 2010 eruption of the Eyjafjallajokull volcano, which sent clouds of ash and dust into the atmosphere, halting air travel for days between Europe and America from the North, as the ash could damage the jet engines. More than 100,000 flights have been grounded, stranding millions of passengers.

Shares of Iceland’s flagship airline Icelandair rose 6% when news of the eruption broke on Wednesday. Investors and residents alike had been spooked by the possibility of a much more disruptive eruption in a populated area of ​​the peninsula.

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MONEY CAPITAL MANAGEMENT LLC – GuruFocus.com https://angil.org/money-capital-management-llc-gurufocus-com/ Tue, 02 Aug 2022 00:08:42 +0000 https://angil.org/money-capital-management-llc-gurufocus-com/ MONEY CAPITAL MANAGEMENT LLC recently filed its 13F report for the second quarter of 2022, which ended on 2022-06-30. The 13F report details the stocks that were in a guru’s stock portfolio at the end of the quarter, although investors should note that these filings are limited in scope, containing only an overview of long […]]]>

MONEY CAPITAL MANAGEMENT LLC recently filed its 13F report for the second quarter of 2022, which ended on 2022-06-30.

The 13F report details the stocks that were in a guru’s stock portfolio at the end of the quarter, although investors should note that these filings are limited in scope, containing only an overview of long stock positions. listed in the United States and American certificates of deposit at the end of the quarter. They are not required to include international holdings, short positions or other types of investments. Yet even this limited repository can provide valuable information.

Silver Capital Management LLC is an investment management company based in St. Louis, Missouri. The company was established in 1998 and has grown since its inception to operate today with 20 employees, all but one of whom are investment professionals. Argent Capital Management conducts its research internally, using a qualitative and quantitative methodology to make its investment decisions. The firm focuses on growth and value stocks of small and large companies, picking selected companies with a bottom-up approach. Argent Capital Management compares its performance to various S&P and Russell indices. The company invests the most in the information technology sector, which alone accounts for more than a quarter of the firm’s total asset allocation and also invests in the consumer discretionary, finance, healthcare and consumer staples, among other sectors such as industrials and materials. to a lesser extent, in descending order of allocation. Argent Capital Management retains its allocations for an average of 9.4 quarters, although the company only retains its top 10 allocations for an average of 3.4 quarters. The company’s top 10 holdings represent approximately one-third of the company’s total allocations, and in the last quarter Argent Capital Management recorded a turnover rate of 50.24%. Argent Capital Management manages over $2.3 billion in assets under management across just under 1,000 total accounts. The company’s total number of accounts and total assets under management have increased in recent years, with its total number of accounts increasing from 625 in 2010 to its current amount and its assets under management growing significantly from $600 million ago. five years to become well over three times that amount. Argent Capital Management mainly targets individuals, who alone represent three-quarters of its clientele. The company currently offers its Large Cap Growth and Small Cap strategies.

According to the latest 13F report, the guru’s stock portfolio contained 173 stocks valued at a total of $2.64 billion. The top holdings were LPLA (4.12%), AAPL (4.05%) and DHR (3.91%).

According to data from GuruFocus, these were ARGENT CAPITAL MANAGEMENT LLC’s top five deals of the quarter.

NortonLifeLock Inc

The guru established a new position worth 2,297,399 shares in NAS:NLOK, giving the stock a 1.92% weighting in the equity portfolio. The shares traded at an average price of $27.49 during the quarter.

On 08/01/2022, NortonLifeLock Inc traded at a price of $24.825 per share and a market capitalization of $14.38 billion. The stock has returned 1.91% over the past year.

GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 7 out of 10.

In terms of valuation, NortonLifeLock Inc has a price/earnings ratio of 17.59, a price/earnings/growth (PEG) ratio of 0.83, an EV/EBITDA ratio of 12.47 and a price/sales ratio of 5. ,24.

The GF price/value ratio is 0.92, giving the stock a GF value rank of 7.

Microsoft Corp.

During the quarter, ARGENT CAPITAL MANAGEMENT LLC purchased 169,179 shares of NAS:MSFT for a total holding of 608,764. The transaction had a 1.64% impact on the equity portfolio. During the quarter, the stock traded at an average price of $300.8.

On 08/01/2022, Microsoft Corp traded at a price of $276.7629 per share and a market capitalization of $2,064.12 billion. The stock has returned -2.01% over the past year.

GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 10 out of 10.

In terms of valuation, Microsoft Corp has a price/earnings ratio of 28.71, a price/book ratio of 12.39, a price/earnings/growth (PEG) ratio of 1.42, an EV/Ebitda ratio of 20.25 and a price-to-sales ratio of 10.53.

The GF price/value ratio is 0.91, giving the stock a GF value rank of 7.

DR Horton inc.

ARGENT CAPITAL MANAGEMENT LLC reduced its investment in NYSE:DHI by 472,445 shares. The transaction had an impact of 1.48% on the equity portfolio. During the quarter, the stock traded at an average price of $86.85.

On 08/01/2022, DR Horton Inc traded at a price of $78.24 per share and a market capitalization of $27.29 billion. The stock has returned -16.78% over the past year.

GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 10 out of 10.

In terms of valuation, DR Horton Inc has a price/earnings ratio of 5.03, a price/book ratio of 1.51, a price/earnings/growth (PEG) ratio of 0.18, an EV/Ebitda ratio of 4.33 and a price-to-sales ratio of 0.87.

The GF price/value ratio is 0.69, giving the stock a GF value rank of 8.

Starbucks Corp.

ARGENT CAPITAL MANAGEMENT LLC reduced its investment in NAS:SBUX by 427,405 shares. The transaction had an impact of 1.45% on the equity portfolio. During the quarter, the stock traded at an average price of $94.44.

On 08/01/2022, Starbucks Corp traded at a price of $85.37 per share and a market capitalization of $97.85 billion. The stock has returned -28.16% over the past year.

GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 9 out of 10.

In terms of valuation, Starbucks Corp has a price/earnings ratio of 22.87, a price/earnings/growth (PEG) ratio of 4.67, an EV/EBITDA ratio of 15.65 and a price/sales ratio of 3. ,19.

The GF price-to-value ratio is 0.72, giving the stock a GF value rank of 10.

Skyworks Solutions Inc.

The guru sold his 311,449 share investment in NAS:SWKS. Previously, the stock had a weighting of 1.4% in the equity portfolio. The shares traded at an average price of $140.53 during the quarter.

On 08/01/2022, Skyworks Solutions Inc traded at a price of $108.9348 per share and a market capitalization of $17.58 billion. The stock has returned -39.58% over the past year.

GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 9 out of 10.

In terms of valuation, Skyworks Solutions Inc has a price/earnings ratio of 13.27, a price/book ratio of 3.40, a price/earnings/growth (PEG) ratio of 1.95, an EV/Ebitda ratio of 9.21 and a price-to-sales ratio of 3.44.

The GF price/value ratio is 0.56, giving the stock a GF value rank of 4.

Please note that figures and facts quoted are at the time of writing this article and may not reflect the latest business data or company announcements.

You want to give your opinion on this article ? Do you have questions or concerns? Contact us here or email us at [email protected]!

This article is general in nature and does not represent the views of GuruFocus or any of its affiliates. This article is not intended to be financial advice, nor does it constitute investment advice or recommendation. It has been written without taking into account your personal situation or financial objectives. Our goal is to bring you data-driven fundamental analysis. The information on this site is in no way guaranteed to be complete, accurate or in any other way.

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Hengehold Capital Management LLC holds a $3.77 million stake in Apple Inc. (NASDAQ:AAPL) https://angil.org/hengehold-capital-management-llc-holds-a-3-77-million-stake-in-apple-inc-nasdaqaapl/ Sun, 31 Jul 2022 09:27:02 +0000 https://angil.org/hengehold-capital-management-llc-holds-a-3-77-million-stake-in-apple-inc-nasdaqaapl/ Hengehold Capital Management LLC increased its stake in the shares of Apple Inc. (NASDAQ: AAPL – Get a rating) by 1.3% during the 1st quarter, according to its last 13F filing with the Securities and Exchange Commission. The company held 21,569 shares of the iPhone maker after buying 273 additional shares during the quarter. Hengehold […]]]>

Hengehold Capital Management LLC increased its stake in the shares of Apple Inc. (NASDAQ: AAPLGet a rating) by 1.3% during the 1st quarter, according to its last 13F filing with the Securities and Exchange Commission. The company held 21,569 shares of the iPhone maker after buying 273 additional shares during the quarter. Hengehold Capital Management LLC’s holdings in Apple were worth $3,766,000 when it last filed with the SEC.

Other hedge funds and other institutional investors have also been buying and selling shares of the company recently. Cardinal Capital Management Inc. increased its stake in Apple by 5,525.0% during the 1st quarter. Cardinal Capital Management Inc. now owns 225 shares of the iPhone maker worth $39,000 after buying 221 additional shares during the period. Shore Point Advisors LLC bought a new position in Apple stock in Q4 for about $41,000. St. James Investment Advisors LLC bought a new position in Apple stock in Q4 for about $57,000. Econ Financial Services Corp bought a new position in Apple stock in Q4 for a value of around $58,000. Finally, Emerson Wealth LLC increased its position in Apple shares by 363.6% in the 1st quarter. Emerson Wealth LLC now owns 408 shares of the iPhone maker worth $71,000 after acquiring 320 more shares in the last quarter. 57.98% of the shares are held by institutional investors and hedge funds.

Apple trade up 3.3%

NASDAQ: AAPL opened at $162.51 on Friday. The company has a market capitalization of $2.63 trillion, a P/E ratio of 26.38, a P/E/G ratio of 1.97 and a beta of 1.19. The stock’s fifty-day moving average price is $144.31 and its two-hundred-day moving average price is $157.31. Apple Inc. has a 1-year low of $129.04 and a 1-year high of $182.94. The company has a debt ratio of 1.53, a current ratio of 0.93 and a quick ratio of 0.88.

Apple (NASDAQ: AAPLGet a rating) last released its results on Thursday, July 28. The iPhone maker reported earnings per share (EPS) of $1.20 for the quarter, beating the consensus estimate of $1.14 by $0.06. The company posted revenue of $82.96 billion for the quarter, versus a consensus estimate of $82.97 billion. Apple had a return on equity of 152.88% and a net margin of 26.41%. The company’s quarterly revenue increased 1.9% year over year. In the same quarter a year earlier, the company posted earnings per share of $1.30. As a group, analysts expect Apple Inc. to post EPS of 6.09 for the current year.

Apple said its board approved a stock repurchase program on Thursday, April 28 that allows the company to repurchase $90.00 billion in stock. This repurchase authorization allows the iPhone maker to repurchase up to 3.5% of its shares through open market purchases. Share repurchase programs usually indicate that the company’s board of directors believe its shares are undervalued.

Apple announces dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 11. Investors of record on Monday August 8 will receive a dividend of $0.23 per share. This represents an annualized dividend of $0.92 and a yield of 0.57%. The ex-dividend date is Friday, August 5. Apple’s dividend payout ratio is 14.94%.

Insider buying and selling

In other Apple news, please Katherine L. Adams sold 25,000 shares of the company in a trade dated Wednesday, May 4. The stock was sold at an average price of $161.72, for a total value of $4,043,000.00. Following the sale, the senior vice president now owns 452,334 shares of the company, valued at approximately $73,151,454.48. The transaction was disclosed in a legal filing with the SEC, accessible via this hyperlink. 0.06% of the shares are held by insiders of the company.

Analysts set new price targets

AAPL has been the subject of several research analyst reports. Wells Fargo & Company lowered its price target on Apple from $205.00 to $185.00 and set an “overweight” rating for the company in a Wednesday, July 20 research report. UBS Group set a target price of $185.00 on Apple in a Thursday, July 21 research report. Goldman Sachs Group set a target price of $139.00 on Apple in a research report on Friday. Raymond James lowered his target price on Apple from $190.00 to $185.00 and set a “hold” rating for the company in a research report on Friday. Finally, Itaú Unibanco launched coverage on Apple in a research report on Tuesday, July 26. They issued an “underperforming” rating and a target price of $136.00 for the company. Two research analysts rated the stock with a sell rating, eight gave the stock a hold rating, twenty-one gave the stock a buy rating, and one gave the stock a strong buy rating. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $179.04.

About Apple

(Get a rating)

Apple Inc designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories worldwide. It also sells various related services. Additionally, the company offers iPhone, a range of smartphones; Mac, a line of personal computers; iPad, a range of versatile tablets; AirPods Max, an over-ear wireless headset; and wearables, home and accessories including AirPods, Apple TV, Apple Watch, Beats products, HomePod and iPod touch.

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Want to see which other hedge funds hold AAPLs? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apple Inc. (NASDAQ: AAPLGet a rating).

Institutional ownership by quarter for Apple (NASDAQ:AAPL)



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2022 Directory of Pharmaceutical Venture Capital & Private Equity Companies – ResearchAndMarkets.com https://angil.org/2022-directory-of-pharmaceutical-venture-capital-private-equity-companies-researchandmarkets-com/ Fri, 29 Jul 2022 16:55:00 +0000 https://angil.org/2022-directory-of-pharmaceutical-venture-capital-private-equity-companies-researchandmarkets-com/ DUBLIN–(BUSINESS WIRE)–“The Directory of Pharmaceutical Venture Capital and Private Equity Companies 2022” directory was added to from ResearchAndMarkets.com offer. This helpful resource brings together both venture capitalists and private equity investors involved in pharmaceuticals, biotechnology, and medical devices. This edition has been extensively updated, providing valuable, current and detailed information for individuals, entrepreneurs and businesses […]]]>

DUBLIN–(BUSINESS WIRE)–“The Directory of Pharmaceutical Venture Capital and Private Equity Companies 2022” directory was added to from ResearchAndMarkets.com offer.

This helpful resource brings together both venture capitalists and private equity investors involved in pharmaceuticals, biotechnology, and medical devices.

This edition has been extensively updated, providing valuable, current and detailed information for individuals, entrepreneurs and businesses around the world. The new edition is the most current and comprehensive picture of this dynamic industry to date.

All company profiles include specific data that creates a detailed picture of the company and its investment parameters. This database provides direct access to over 500 companies and thousands of partners with detailed contact details and detailed investment and fund data.

The Directory provides specific information on:

  • Company name, address, telephone and fax numbers

  • Managing partners with their diplomas, mandates and professional background

  • Satellite offices

  • Email addresses and websites

  • Mission statement

  • Average and minimum investments

  • Fund size

  • Investment Criteria/Stage Preferences

  • Industry preferences and geographic preferences

  • Portfolio companies

  • Other locations

The industry categories included in this directory are:

  • Medications

  • Biotechnology

  • Biopharmaceuticals

  • Bulk Pharmaceuticals

  • Drug development

  • Medication administration

  • Over-the-counter/health products

  • Clinical research

  • research

  • Therapeutic

  • Life sciences

  • medical technology

This Directory will allow you to:

  • Find companies that are specifically interested in your industry.

  • Look for companies that match the level of investment you need. From $200,000 to $50 million, you will be able to generate a listing that suits your needs.

  • Find which venture capitalists have funded specific companies.

For more information on this directory, visit https://www.researchandmarkets.com/r/gi4sww

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The Centre’s capital expenditure in the first quarter could be close to 1.5 trillion rupees https://angil.org/the-centres-capital-expenditure-in-the-first-quarter-could-be-close-to-1-5-trillion-rupees/ Thu, 28 Jul 2022 00:35:00 +0000 https://angil.org/the-centres-capital-expenditure-in-the-first-quarter-could-be-close-to-1-5-trillion-rupees/ The Centre’s capital expenditure (capex) for the April-June quarter (Q1 or Q1) of 2022-23 (FY23) could be close to Rs 1.5 trillion, Business Standard has learned. TO READ THE FULL STORY, SUBSCRIBE NOW FOR JUST RS 249 PER MONTH. Key stories on business-standard.com are only available to premium subscribers. Already a […]]]>


The Centre’s capital expenditure (capex) for the April-June quarter (Q1 or Q1) of 2022-23 (FY23) could be close to Rs 1.5 trillion, Business Standard has learned.


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First published: Thursday, July 28, 2022. 06:05 IST

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Black state lawmakers lash out at Vance over comments comparing abortion to slavery https://angil.org/black-state-lawmakers-lash-out-at-vance-over-comments-comparing-abortion-to-slavery/ Tue, 26 Jul 2022 08:02:30 +0000 https://angil.org/black-state-lawmakers-lash-out-at-vance-over-comments-comparing-abortion-to-slavery/ A month after the Supreme Court’s decision overturning Roe v. Wade, Ohio Democrats are doing their best to keep abortion in the minds of voters. The Ohio Legislative Black Caucus criticizes Republican U.S. Senate candidate JD Vance for comments comparing the impact of slavery to that of abortion. In an interview with the catholic current […]]]>

A month after the Supreme Court’s decision overturning Roe v. Wade, Ohio Democrats are doing their best to keep abortion in the minds of voters. The Ohio Legislative Black Caucus criticizes Republican U.S. Senate candidate JD Vance for comments comparing the impact of slavery to that of abortion.

In an interview with the catholic current last year, Vance highlighted the societal impact of abortion when outlining his opposition to the procedure.

“There is something comparable between abortion and slavery,” Vance said, “and although the people who suffer the most are obviously the ones who are subjected to it, I think it has a distorting effect morality on the whole of society.

He went on to invoke Abraham Lincoln’s “I would not be a slave, therefore I would not be a master” and said that many people now see children as “inconveniences to be rejected instead of blessings to be cherished”.

State Rep. Terrence Upchurch, D-Cleveland, called Vance’s comments “dangerous” and “out of bounds.”

“JD Vance’s disgusting views on abortion are an outrage and the people of Ohio are taking notice,” he said.

Upchurch argued that Vance owed the people of Ohio an apology. But Rep. Catherine Ingram, D-Cincinnati, doesn’t want to hear it.

“I don’t want his apologies as a black woman here in the state of Ohio,” she said. “Looking at the black maternal health issues that we have, and how desperate health care is, how desperate our housing is, and then you have the audacity to take away a decision that women can make by themselves?”

“How dare you insult black women?” she added.

Vance’s campaign did not respond to a request for comment.

Rep. Juanita Brent, D-Cleveland, who leads OLBC, didn’t mince words about Vance’s comments.

“What JD Vance is doing comparing abortion to slavery is rooted in racism,” she insisted.

But Brent didn’t draw the line at Vance either. She also took aim at Madison Gesiotto Gilbert, the Republican candidate running in the 13th congressional district that covers Akron and most of Canton.

“Madison (in) House District 13 had the nerve to say that abortion is the number one killer of black babies — so problematic,” Brent said, “when we have cardiac arrest, homicide, cancer, d other diseases that kill black people disproportionately.

Gesiotto Gilbert made this claim Many timesasserting in a grandstand 2015 “It’s a scientific fact that life begins at conception,” then comparing the number of abortions to the number of people who die of heart disease, cancer and other circumstances.

The number of abortions exceeds the deaths, but Gesiotto Gilbert’s assertion only holds if you consider an embryo or a fetus as a person. These numbers are not included in public health authority death statistics.

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PenderFund Capital Management Ltd. announces the results of https://angil.org/penderfund-capital-management-ltd-announces-the-results-of/ Fri, 22 Jul 2022 17:39:37 +0000 https://angil.org/penderfund-capital-management-ltd-announces-the-results-of/ VANCOUVER, British Columbia, July 22, 2022 (GLOBE NEWSWIRE) — PenderFund Capital Management Ltd. (“hanging”), the Manager of Pender Value Fund II (“PVFII”) and the Pender Special Situations Fund (“PSSF” and with PVFII, the “Funds“and each one”Funds”) announces that, at the special meeting of unitholders of the Funds (the “Unitholders”) held on July 22, 2022, the […]]]>

VANCOUVER, British Columbia, July 22, 2022 (GLOBE NEWSWIRE) — PenderFund Capital Management Ltd. (“hanging”), the Manager of Pender Value Fund II (“PVFII”) and the Pender Special Situations Fund (“PSSF” and with PVFII, the “Funds“and each one”Funds”) announces that, at the special meeting of unitholders of the Funds (the “Unitholders”) held on July 22, 2022, the following proposed amendments were approved by the unitholder of these Funds. Each Fund will convert from a conventional mutual fund to an alternative mutual fund as set out in NI 81-102 – Investment Funds of the Canadian Securities Administrators (“National Instrument 81-102”) and, in this regard, the fundamental investment objectives and fee structure of each Fund will be amended as follows:

PVFII

Current Fundamental Investment Objectives New Fundamental Investment Objectives
The Fund’s objective is to achieve long-term capital appreciation by investing primarily in Canadian and US equities with the option of also investing in debt and other securities. The Fund seeks to identify investment opportunities which are believed to represent particular situations. The Fund’s objective is to preserve capital and generate returns through current income and capital appreciation, while being sufficiently diversified to mitigate volatility. The Fund will invest primarily in North American securities and may also invest in foreign securities.

The Fund meets the definition of an “alternative mutual fund” as set out in NI 81-102 because it is permitted, as modified by an exemption received by the Fund, to use generally prohibited strategies by other types of mutual funds, such as the ability to invest more than 10% of its net asset value in securities of a single issuer (up to 20%), either directly or through the use of specified derivative instruments, the ability to borrow cash, when aggregated to the value of all outstanding borrowings, up to 100% of its net asset value, to be used for investment purposes, the ability to sell short securities (provided that the aggregate market value of the securities of the issuer of the securities sold short, other than government securities, does not exceed 10% of its net asset value and the aggregate market value of the securities sold short overdraft does not exceed 100% of its net asset value), and the ability to use leverage through cash borrowing, short selling and specified derivative instruments. The maximum global exposure to these sources of leverage, calculated in accordance with section 2.9.1 of NI 81-102, must not exceed 300% of the NAV of the Fund.

New performance-based fees:
Performance fees will apply to all unit classes. For Class O Units, such costs are or will be charged directly to Unitholders, as the case may be. Performance fees correspond to 15% of the amount by which the total return of the share class exceeds a minimum rate of 3%, for the period since the last payment of the performance fee, subject to accumulation in the years where no performance fee is paid, provided that the total return of the relevant unit class for that period is above the previous high-water mark.

PSSF

Current Fundamental Investment Objectives New Fundamental Investment Objectives
The Fund’s objective is to achieve long-term capital appreciation by investing primarily in Canadian and US equities with the option of also investing in debt and other securities. The Fund seeks to identify investment opportunities which are believed to represent particular situations. The Fund’s objective is to achieve long-term capital appreciation by investing primarily in Canadian and US equities with the option of also investing in debt and other securities. The Fund seeks to identify investment opportunities which are believed to represent particular situations.

The Fund meets the definition of an “alternative mutual fund” as set out in NI 81-102 because it is permitted, as modified by an exemption received by the Fund, to use generally prohibited strategies by other types of mutual funds, such as the ability to invest more than 10% of its net asset value in securities of a single issuer (up to 20%), either directly or through the use of specified derivative instruments, the ability to borrow cash, when aggregated to the value of all outstanding borrowings, up to 100% of its net asset value, to be used for investment purposes, the ability to sell short securities (provided that the aggregate market value of the securities of the issuer of the securities sold short, other than government securities, does not exceed 10% of its net asset value and the aggregate market value of the securities sold short overdraft does not exceed 100% of its net asset value), and the ability to use leverage through cash borrowing, short selling and specified derivative instruments. The maximum global exposure to these sources of leverage, calculated in accordance with section 2.9.1 of NI 81-102, must not exceed 300% of the NAV of the Fund.

New performance-based fees:
Performance fees will apply to all unit classes. For Class O Units, such costs are or will be charged directly to Unitholders, as the case may be. Performance fees will be equal to 15% of the amount by which the total return of the unit class exceeds a hurdle rate of 6%, for the period since the last payment of the performance fee, subject to accumulation on years in which no performance fee is paid, provided that the total return of the relevant class of units for that period exceeds the previous highest level.

The new investment objectives and performance-based fees for the Funds are expected to be implemented by Pender, as manager of the Funds, on or about September 1, 2022. Following such implementation, the following additional changes are expected to be made to the Funds:

  • Name change: The name of “Pender Value Fund II” will be changed to “Pender Alternative Multi-Strategy Income Fund”. The name of “Pender Special Situations Fund” will be changed to “Pender Alternative Special Situations Fund”.
  • Change in investment strategies: Certain related changes will be made to the investment strategies of each Fund in order to implement the new investment objectives of that Fund.
  • Change in risk rating:
Funds New risk rating Ranking of Prior Risks
PVFII Down High
PSSF Medium Medium

Additional information regarding the changes described above for the Funds, including changes to investment objectives and performance-based fees, is provided in the applicable Fund’s management information circular dated June 23, 2022, which is available on that Fund’s SEDAR profile at www.sedar. com.

The risk rating of each Fund is reviewed at least once a year, and also when a Fund undergoes a material change. A summary of the methodology used by Pender to determine each Fund’s risk rating can be found in the Funds’ simplified prospectus available on SEDAR at www.sedar.com. This methodology is also available by calling toll free 1-866-377-4743 or emailing info@penderfund.com.

About PenderFund Capital Management Ltd.
Pender was founded in 2003 and is an independent, employee-owned investment firm located in Vancouver, British Columbia. Our goal is to protect and grow the wealth of our investors over time. We have a talented investment team of expert analysts, stock pickers and independent thinkers who actively manage a suite of differentiated investment funds, exploiting inefficient parts of the investment universe to achieve our goal.

For more information about Pender and for information on standard performance of our funds, please visit www.penderfund.com and www.fondspender.com.

Please read important information at www.penderfund.com/disclaimer.

For more information, please contact:
Melanie Moore
Vice President of Marketing, PenderFund Capital Management Ltd.
mmoore@penderfund.com
(604) 688-1511
Toll Free: (866) 377-4743

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Share capital increase in connection with the completion of the employee option program and underwriting results https://angil.org/share-capital-increase-in-connection-with-the-completion-of-the-employee-option-program-and-underwriting-results/ Tue, 19 Jul 2022 09:51:35 +0000 https://angil.org/share-capital-increase-in-connection-with-the-completion-of-the-employee-option-program-and-underwriting-results/ FREE alerts on the latest news from StreetInsider.com! StreetInsider.com Top Tickers, 7/19/2022 July 19, 2022 5:49 a.m. EDT Enter Wall Street with StreetInsider Premium. Claim your one week free trial here. The Supervisory Board of AS Harju Elekter has decided to increase the company’s share capital by 170,700.39 euros by issuing new ordinary shares. The […]]]>

July 19, 2022 5:49 a.m. EDT


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The Supervisory Board of AS Harju Elekter has decided to increase the company’s share capital by 170,700.39 euros by issuing new ordinary shares. The increase in share capital was triggered by the need to issue new shares to key persons of the Harju Elekter Group, incl. members of governing bodies, leading specialists and engineers, participating in the option program approved by decision of the general meeting of May 3, 2018.

A total of 75 current and former employees of Harju Elekter participated in the issuance of AS Harju Elekter shares in a total of 270,953 shares for a total of 1,078,392.94 euros. In total, 26,247 shares were not subscribed.

Decisions of the Supervisory Board of AS Harju Elekter:

  1. The share capital of Harju Elekter will be increased by a maximum of 170,700.39 euros, ie from 11,351,689.65 euros to 11,522,390.04 euros.
  2. The share capital will be increased by issuing new shares (ISIN: EE3100004250). Upon capital increase to issue 270,953 new ordinary shares of Harju Elekter, with a book value of 0.63 euros per share. The increase in share capital and the payment of new shares will be carried out entirely by monetary contribution. The shares will be issued with an issue premium. The issue price is 3.98 euros per share, the book value of the share being 0.63 euro and the issue premium 3.35 euros.
  3. After the share capital increase, Harju Elekter holds a total of 18,289,508 ordinary shares without par value. The increase in the share capital of Harju Elekter will not create any exceptions or special rights in connection with the ordinary shares. The new shares to be issued during the capital increase will carry dividend rights for the fiscal year beginning on January 1, 2022.
  4. In accordance with the decision of the general meeting of May 3, 2018, which approved the stock option program of Harju Elekter and its basic conditions, the key persons of the companies belonging to the same group as Harju Elekter incl. members of the governing bodies, key specialists and engineers, as determined by the Supervisory Board of Harju Elekter and with whom Harju Elekter has entered into the relevant option agreements, will have the right of first refusal to subscribe for the new shares of Harju Elekter . Harju Elekter shareholders, who are not intended to benefit from the stock option program approved by the resolution of the general meeting of May 3, 2018, will not have any preferential subscription rights to Harju Elekter shares under the increase in share capital.
  5. The deadline for exercising preferential subscription rights and the deadline for subscription to shares were set at July 15, 2022. The beneficiaries of the options submitted their subscription forms on time and paid for the shares subscribed.
  6. Grant Harju Elekter’s management board the right to cancel new shares that have not been subscribed during the subscription period. The Board may exercise this right within 15 days after the end of the subscription period.

All new shares of Harju Elekter issued in the share issue will be listed on Nasdaq Tallinn on the day following the date on which the additional shares issued with temporary ISIN codes have been included in the Estonian central securities depository (Nasdaq CSD ) with previously issued shares. shares with major ISINs.

Harju Elekter is an international industrial group with more than 50 years of experience, whose main activity is the development and production of electrical and automation equipment. Part of Harju Elekter’s technical solutions are aimed at the renewable energy sector, offering complete plans for solar power plants, electric vehicle charging stations and other related solutions. Its factories in Estonia, Finland, Sweden and Lithuania employ approximately 900 people and the Group’s turnover for the first quarter of 2022 was 37.3 million euros. Harju Elekter shares are listed on the Nasdaq Tallinn Stock Exchange.

Ursula Jon
Lawyer
+372 674 713
[email protected]


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