Kenya Commercial Bank Limited (KCB.tz) Q32016 Interim Report

first_imgKenya Commercial Bank Limited (KCB.tz) listed on the Dar es Salaam Stock Exchange under the Banking sector has released it’s 2016 interim results for the third quarter.For more information about Kenya Commercial Bank Limited (KCB.tz) reports, abridged reports, interim earnings results and earnings presentations, visit the Kenya Commercial Bank Limited (KCB.tz) company page on AfricanFinancials.Document: Kenya Commercial Bank Limited (KCB.tz)  2016 interim results for the third quarter.Company ProfileKenya Commercial Bank Limited is a leading financial institution in Tanzania offering retail and corporate banking services as well as mortgages, treasury and Bancassurance services. Kenya Commercial Bank offers financial solutions ranging from current accounts, overdrafts and loans to fixed and short-term deposits, mortgage finance, trade finance and forex, and business investment accounts. The banking institution participates in investments in Treasury Bills and Bonds with the central banks. Wholly-owned subsidiaries in the banking group include Kenya Commercial Finance Company Limited, Savings & Loan Kenya Limited, Kenya Commercial Bank Nominees Limited, Kencom House Limited, KCB Tanzania Limited, KCB Sudan Limited, KCB Rwanda SA and KCB Uganda Limited. Kenya Commercial Bank Limited is listed on the Dar es Salaam Stock Exchange.last_img read more

Here’s a dividend-growing share I’d buy right now in these fallen markets

first_img 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. 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. Image source: Getty Images. Kevin Godbold | Thursday, 27th February, 2020 | More on: MACF Packaging products manufacturer Macfarlane (LSE: MACF) has done it again! Despite the stock market’s apparent indecision about whether to mark the share price up or down (so it’s been doing both), the company keeps progressing its operations, as today’s full-year figures demonstrate.Indeed, the stock has been all over the place over the past couple of years. And right now, at 98p, it’s back down to broadly where it was when I covered the interim results last summer. Could we be seeing an opportunity to buy decent value here?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…Good figuresToday’s numbers are good. Revenue rose by 4% compared to last year and earnings per share moved 11% higher. Profits have grown for 10 consecutive years, the report trumpets. And, as the directors point out, the good trading outcome in the period arose “against a well-publicised backdrop of economic uncertainty resulting in weaker demand.”My guess is that the top management team is optimistic about the future because they pushed up the total dividend for the year by 7%. That means the shareholder payment is around 50% higher over five years, which I see as pleasing.Right now, the forward-looking dividend yield for 2020 sits just above 2.7% and, given the strong record of growth, I think the valuation is attractive. Indeed, you can pick up a few of the shares on an anticipated earnings multiple just above 11 for the current year.One of the things I like about Macfarlane is that its business appears to enjoy robust cash flow. I reckon the firm operates in a sector with defensive characteristics and consistent cash flow is a persistent feature of the trading and financial record.It’s hard for me to imagine the demand for packaging products disappearing in today’s world.Acquisitive growthBut the firm does have its challenges in the market. Although sales from the Packaging Distribution division increased by 4% in the period, the directors reckon revenue from existing customers dipped because of “weaker demand and sales price deflation.”Happily, growth in new business and the benefit of £5.7m from acquisitions offset the decline. And the 2019 acquisitions of Ecopac and Leyland Packaging “have performed well.”  Meanwhile, both net borrowings and the firm’s pension deficit declined a little during the year. I think the company is in a good position to control those measures because of the strong incoming cash flow. And the dividend is covered more than three times by anticipated earnings. Macfarlane’s finances won’t keep me up at night because the figures appear to be moving in the right directions.The outlook is positive and City analysts following the firm have pencilled in high single-digit percentage increases in earnings ahead. I see the shares as attractive despite all the ‘noise’ regarding the weak stock market right now. Enter Your Email Address Kevin Godbold has no position in any share mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Sharescenter_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Here’s a dividend-growing share I’d buy right now in these fallen markets “This Stock Could Be Like Buying Amazon in 1997” 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. Simply click below to discover how you can take advantage of this. See all posts by Kevin Godboldlast_img read more

Forget Bitcoin and gold! I’d invest in this soaring FTSE 100 stock to make a million

first_img See all posts by Jonathan Smith Forget Bitcoin and gold! I’d invest in this soaring FTSE 100 stock to make a million Enter Your Email Address Simply click below to discover how you can take advantage of this. Jonathan Smith does not own shares in Flutter Entertainment. The Motley Fool UK owns shares of Flutter Entertainment. 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. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Image source: Getty Images center_img Our 6 ‘Best Buys Now’ Shares “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. Jonathan Smith | Monday, 11th May, 2020 | More on: FLTR Making a million from investing is something not many people achieve. This is often because they set out to make those kind of returns over a short period, using a small amount of money. That’s why many invest in Bitcoin or gold instead of a FTSE 100 stock, and heavily leverage themselves on it. These kinds of assets have large volatility, but this can catch a lot of people out, dashing their dreams of making large returns. But there are stocks that can generate large returns, which when compounded over the course of several years, can add up to making a million in the long run. I wouldn’t turn to Bitcoin or gold in order for me to achieve this, given the unpredictability of their performances. I’d rather analyse a FTSE 100 stock I believe in, and invest in the fundamentals. Flutter Entertainment (LSE: FLTR) is one good example.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…Rallying despite the FTSE 100 slumpFlutter is a gambling operator that has well known brands such as Betfair and Paddy Power under the company umbrella.The eye-catching reason Flutter is on my radar at the moment is due to the divergence in performance versus the FTSE 100 index and other stocks within it. Year to date, the FTSE 100 index is down roughly 25%. In comparison, Flutter is actually up around 3%! From the trough in the share price in the middle of March, it has rallied 76% in less than two months.From the above, you can easily see how large returns from stocks are possible. But why have we seen such strong performance when the broader FTSE 100 index is down?Recession-resistant?The clear takeaway from investors is that they believe the imminent recession won’t unduly impact Flutter. If they thought it would, the share price would certainly be tracking the FTSE 100 index performance more closely (and be negative for this year). Evidence out so far does support this. The firm made a bold step of saying it wouldn’t be furloughing staff and it would pay them out of the company accounts. This shows that the firm has strong cash flows and retained funds in order to do this.In a recent trading update, the firm did note that the cancellation of sporting events would negatively impact revenues going forward. Sports revenue at the firm is down 46%. This has been eased though due to the international scope of the business. Organic growth, along with mergers and acquisitions, have given it a worldwide presence. Given that horse racing is still going on in Australia and in the US, pressure has eased.The worldwide operations of Flutter, the strong balance sheet, and the exciting future merger with Stars Group (opening the Canadian market), all make the stock a buy for me. Given that other investors agree with me (seen from the share price move), I don’t think that there’s much downside risk. The upside is even higher should the pandemic wilt away and sports betting resume here in the UK. 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.last_img read more

Indiana Students Encouraged to Submit Essay in “Agriculture: Food for Life”…

first_imgHome Indiana Agriculture News Indiana Students Encouraged to Submit Essay in “Agriculture: Food for Life” Contest By Hoosier Ag Today – Jan 30, 2019 SHARE SHARE Previous articleBenton and Wayne County Farm Bureaus Talk Farm to Fork at AFBFNext articleU.S., China Begin Two Days of Talks Hoosier Ag Today Facebook Twitter Facebook Twitter Indiana Students Encouraged to Submit Essay in “Agriculture: Food for Life” Contest In celebration of National Ag Day on March 19, students in grades 4-6 are encouraged to participate in an essay contest, sponsored by Indiana’s Family of Farmers. The essay, themed Agriculture: Food for Life, challenges students to think critically about the important role agriculture plays in their lives and the lives of those around them.Winners will receive $200 for first place and $100 for second place, and will be invited to attend a special recognition ceremony at the Indiana Statehouse on March 18.“Indiana’s family farmers are committed to providing an abundant supply of food and fiber, while also caring for our natural resources,” said Bruce Kettler, Indiana State Department of Agriculture director. “We look forward to hearing from the next generation on how agriculture impacts their daily lives and world.”Under this year’s theme, students can write about a variety of aspects of agriculture. They could focus on the important role agriculture plays in the community, how food is produced or how farmers have adapted to feed a growing world population, to name a few.“This essay contest is a wonderful opportunity for students to express why agriculture is important to them,” said Jeanette Merritt, Director of Checkoff Programs for Indiana Pork. “We encourage students all across the state to participate and look forward to honoring the winners at our National Ag Day celebration at the Statehouse.”Contestants must be Indiana residents, and only one essay can be submitted per person. Essays must be 12-point font, double-spaced, and cannot exceed 200 words. No handwritten essays will be accepted. Entries must be emailed to [email protected] by February 28, 2019.Essays will be evaluated based on the following criteria: material organization, vocabulary and style, neatness, and grammar, punctuation and spelling.For additional guidelines and rules, follow Indiana’s Family of Farmers on Facebook.Source: Indiana’s Family of Farmerslast_img read more

INFB Delegates Meet Virtually to Set 2021 Policy

first_imgAudio Playerhttps://www.hoosieragtoday.com//wp-content/uploads//2020/09/delegate-session-wrap.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.Indiana Farm Bureau delegates met virtually this past weekend to set policy for the organization. President Randy Kron told Hoosier Ag Today that the board will come together to set the priorities for the year at their September meeting, but he’d be surprised if rural broadband wasn’t on that list.“If it’s not the top, it will be one of the top ones because I just don’t go to many meetings that our members aren’t complaining. The COVID-19 kind of heightened the importance on broadband and bandwidth. We’re hearing it everywhere we go.”Kron said they had policy to help unserved areas, but much of the discussion was about underserved areas.“They might have broadband, but I find this at our house too, it’s pretty marginal and to try to do a WebEx or Zoom call, the squirrels aren’t running fast enough to make it go hardly.”Discussion also surrounded the supply chain that was hit hard this year by COVID-19 and the local food movement.“How do we help or what can we do to help some of the smaller packers? How do we reduce some of the regulatory requirements on them? We want them to be safe and we want them to operate right, but what could be some incentives for some of them expanding or maybe it’s some new ones.”Kron said they’d love to see more inspectors for processors, but he understands that the state will be looking to cut their budget this year due to the pandemic and that might not be realistic.The delegate body consisted of 233 farmers and agribusiness professionals from across the state. The members discussed several issues including permitting, broadband, transportation and infrastructure, the impact of COVID-19 and the ag economy.The policy creation process for INFB begins at the local level. Indiana counites have the opportunity to make policy suggestions and recommend changes that are then debated by the resolutions committee in July before being discussed at the delegate session. This process follows the grassroots structure that is important to INFB to ensure that all members have a chance to voice their opinions.Delegates also voted on members who would represent INFB at the 2021 American Farm Bureau Federation Convention. The AFBF Convention will be held in January. The chosen INFB delegates will be discussing policy positions for the national organization with representatives from all 50 states and Puerto Rico.Four county Farm Bureau presidents were elected as delegates for the AFBF Convention:David Brenner, Vanderburg CountyHayley Clark, Shelby CountyMichael Holman, Steuben CountyPaul Jacobs, Huntington CountySource: Indiana Farm Bureau Home Indiana Agriculture News INFB Delegates Meet Virtually to Set 2021 Policy Facebook Twitter Previous articleAgriNovus Indiana Launches Producer-Led Innovation Challenge to Bring Together Indiana Farmers, Software InnovatorsNext articleINFB Delegates Meet Virtually to Set 2021 Policy on the HAT Thursday Podcast Eric Pfeiffer Facebook Twitter SHARE INFB Delegates Meet Virtually to Set 2021 Policy By Eric Pfeiffer – Sep 2, 2020 SHARElast_img read more

Editor of monthly gets huge fine

first_imgNews News News June 2, 2021 Find out more RSF_en May 29, 2002 – Updated on January 20, 2016 Editor of monthly gets huge fine FranceEurope – Central Asia Help by sharing this information News FranceEurope – Central Asia to go furthercenter_img Use the Digital Services Act to make democracy prevail over platform interests, RSF tells EU “We’ll hold Ilham Aliyev personally responsible if anything happens to this blogger in France” RSF says Reporters Without Borders protested today against a very heavy fine imposed on Philippe Brunet-Leconte, editor of French monthly magazine Objectifs Rhone-Alpes, and his deputy, Loic Tanant, who were ordered to immediately pay a total of € 182,000 in libel damages by a court in the southern French city of St.Etienne. “Without judging the rights or wrongs of the case, we deplore such a huge fine, which may force this regional publication to close,” said Reporters Without Borders secretary-general Robert Ménard in a letter to French justice minister Dominique Perben.”We are worried about the increasing number of court cases in France that are going against the media and we ask you to give this problem your attention,” he added. RSF denounces Total’s retaliation against Le Monde for Myanmar story Follow the news on France Receive email alerts Organisation June 4, 2021 Find out more May 10, 2021 Find out morelast_img read more

Second (Indianhead) Division Association Reunion

first_img Pinterest Twitter Twitter TAGSreunionSecond (Indianhead) Division Association WhatsApp Facebook Previous articleDog Days of SummerNext articleTEXAS VIEW: Unmasking Texas, for better or worse Odessa American Local Newscenter_img Facebook Pinterest Second (Indianhead) Division Association Reunion The Second (Indianhead) Division Association is seeking service members who served in the Army’s 2nd Infantry Division at any time for its 99th annual reunion Sept. 29-Oct. 3, in Kansas City, Mo.For more information, contact Bob Haynes at 224-225-1202 or email [email protected] or visit www.2ida.org. By Odessa American – May 27, 2021 WhatsApplast_img read more

West Tyrone MLA concerned at DOJ security breach

first_imgNewsx Adverts Pinterest RELATED ARTICLESMORE FROM AUTHOR PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Dail hears questions over design, funding and operation of Mica redress scheme Facebook By News Highland – August 22, 2011 West Tyrone MLA concerned at DOJ security breach Previous articleLYIT Director happy with application levelsNext articleCalls for Medical School at Magee Campus in Derry News Highland Google+ Google+ WhatsAppcenter_img HSE warns of ‘widespread cancellations’ of appointments next week Twitter Twitter Pinterest There’s been a major security breach potentially affecting over 6 thousand former part time RUC officers.All former part timers are receiving a one off gratuity for their services, one of them is West Tyrone MLA Ross Hussey.However, he says details of what the letter refers to are clearly visible through the windows on the envelopes.Mr Hussey, a member of the Ulster Unionist party, says Justice Minister David Ford needs to address the issue as a matter of urgency……….[podcast]http://www.highlandradio.com/wp-content/uploads/2011/08/rossh1pm.mp3[/podcast] Man arrested in Derry on suspicion of drugs and criminal property offences released Man arrested on suspicion of drugs and criminal property offences in Derry WhatsApp Facebook Dail to vote later on extending emergency Covid powers last_img read more

Taoiseach seeks movement on status of undocumented during US visit

first_img Main Evening News, Sport and Obituaries Tuesday May 25th Facebook Twitter News Further drop in people receiving PUP in Donegal Google+ Pinterest Twitter RELATED ARTICLESMORE FROM AUTHOR 365 additional cases of Covid-19 in Republic Pinterest Gardai continue to investigate Kilmacrennan firecenter_img Man arrested on suspicion of drugs and criminal property offences in Derry Taoiseach seeks movement on status of undocumented during US visit Previous articleCope to run again in European Parliament ElectionsNext articleUpdate with LK Parade results – Huge crowds celebrate St. Patrick’s Day in the North West News Highland The Taoiseach has told a US audience that Ireland’s economy is fighting back, citing job creation and a 2.9 per cent yield on 10 year bonds.He was speaking at a  St Patrick’s Day event in Boston at an event attended by around 1,000 Irish Americans including the mayor Marty WalshSpeaking ahead of his departure for New York, Mr Kenny reiterated his priority of getting better conditions for the 50,000 undocumented Irish in the US, over a thousand of whom are believed to be from Donegal……[podcast]http://www.highlandradio.com/wp-content/uploads/2014/03/endany.mp3[/podcast] WhatsApp Facebook WhatsApp By News Highland – March 17, 2014 75 positive cases of Covid confirmed in North Google+last_img read more

Huge potential in Donegal to attract more visitors – Crawford

first_imgA number of businesses from Donegal this week took part in custom-made workshops as part of a targeted 2019 tourism sales drive.Over the coming weeks, almost 200 businesses across the country will meet with tour operators from the UK and Canada in a bid to attract more overseas visitors.Joan Crawford, Manager of the Wild Atlantic Way says there is huge potential for Donegal to attract more visitor numbers:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2018/09/crawfghghghgord1pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Twitter Pinterest RELATED ARTICLESMORE FROM AUTHOR Huge potential in Donegal to attract more visitors – Crawford Google+ FT Report: Derry City 2 St Pats 2 WhatsApp Derry draw with Pats: Higgins & Thomson Reaction Facebook Google+ AudioHomepage BannerNewscenter_img Twitter WhatsApp Pinterest Journey home will be easier – Paul Hegarty DL Debate – 24/05/21 By News Highland – September 20, 2018 Previous articleChequers plan only way to avoid hard border – British PMNext articlePeople urged to have say on regenerating Sion Mills News Highland Facebook Harps come back to win in Waterford News, Sport and Obituaries on Monday May 24thlast_img read more