Underlying Assets – NTBA Mainstreet http://ntbamainstreet.org/ Thu, 20 Jan 2022 16:44:19 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://ntbamainstreet.org/wp-content/uploads/2021/03/ntbamainstreet-icon-70x70.png Underlying Assets – NTBA Mainstreet http://ntbamainstreet.org/ 32 32 ‘Fatwa’ Issued Against Bitcoin as Crypto Declared Haram in Indonesia https://ntbamainstreet.org/fatwa-issued-against-bitcoin-as-crypto-declared-haram-in-indonesia/ Thu, 20 Jan 2022 16:14:13 +0000 https://ntbamainstreet.org/fatwa-issued-against-bitcoin-as-crypto-declared-haram-in-indonesia/

The most recent announcement of the country has raised many questions regarding the acceptance of Bitcoin and other cryptocurrencies. If not legally, can it become a method of obstruction now?

Indonesia against Bitcoin?

Tajdid Central Leadership (PP) Muhammadiyah and Tarjih Assembly today issued a fatwa against cryptocurrencies. According to the fatwa, the use of Bitcoin and other such coins for investment and payment purposes is considered haraam.

The Muhammadiyah Tarjih Assembly stated that “The Tarjih Fatwa states that legal cryptocurrency is haraam both as an investment tool and as a medium of exchange”

The reasons revealed behind the fatwa go back to the same reasons why cryptocurrency regulation is being considered. Although these reasons are motivated more by religion than by law.

According to Islamic Sharia, the speculative nature of cryptocurrencies is a huge loophole. The volatility of currencies such as Bitcoin and others makes it haram.

Second, the use of these volatile assets is obscure according to the fatwa. Since cryptocurrencies are not backed by any physical asset, it becomes gharar.

Majelis Tarjih and Tajdid PP Muhammadiyah further added that,

“This speculation and gharar nature is prohibited by Sharia like the Word of Allah and the Hadith of the Prophet (peace be upon him) and does not respect the values ​​and benchmarks of business ethics according to Muhammadiyah, especially these two points, namely : there should be no gharar (TIME). Muslim) and there should be no maisir (QS. Al Maidah: 90)”

This is the first time that the objections stem from religious stipulations. And although it is not an established pattern, many Islamic-dominated countries such as Algeria, Bangladesh, Egypt, Iraq, Morocco, Nepal, Qatar and Tunisia have previously banned absolutely cryptocurrency.

In fact, most recently, the central bank of Pakistan has also proposed a ban on all forms of cryptocurrency citing volatility risks.

As things stand, regulations are already becoming a huge barrier to crypto adoption. And the use of crypto could decline further if such objections come from a religious provenance, as people are more obedient to religious laws.

The “volatile” nature of Bitcoin

Ironically, over the past 2 weeks Bitcoin has not been volatile at all. The king’s piece has maintained its sideways movement and continues to move in that direction. Although at the time of this report it maintains a strong green presence having increased by 3.72%, it could remain consolidated for some time.

Bitcoin remains in consolidation – Source: FXEMPIRE

]]>
South32: Introducing the Hermosa Project Update https://ntbamainstreet.org/south32-introducing-the-hermosa-project-update/ Sun, 16 Jan 2022 22:05:03 +0000 https://ntbamainstreet.org/south32-introducing-the-hermosa-project-update/

IMPORTANT NOTICES

This presentation should be read in conjunction with the “Hermosa Project Update” announcement published on January 17, 2022, which is available on the South32 website (www.south32.net) and any other communications made to exchanges since that date. Numbers in italics indicate that an adjustment has been made since the numbers were previously reported.

FORWARD-LOOKING STATEMENTS

This presentation contains forward-looking statements, including statements about commodity price and currency exchange rate trends; commodity demand; production forecasts; management plans, strategies and objectives; investment costs and schedule; operating costs; expected productive lives of projects, mines and facilities; and provisions and contingent liabilities. These forward-looking statements reflect expectations as of the date of this presentation, but they are not guarantees or predictions of future performance or statements of fact. They involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, which may cause actual results to differ materially from those expressed in the statements contained in this presentation. Readers are cautioned not to place undue reliance on forward-looking statements. South32 makes no representations, assurances or warranties as to the accuracy or likelihood or achievement of any forward-looking statement or any results expressed or implied in any forward-looking statement. Except as required by applicable laws or regulations, South32 Group does not undertake to publicly update or review any forward-looking statements, whether as a result of new information or future events. Past performance cannot be taken as an indication of future performance. South32 cautions against reliance on any forward-looking statements or guidance, particularly in light of the current economic climate and the significant volatility, uncertainty and disruption related to COVID-19. The denotation (e) refers to an estimate or forecast year.

NON-IFRS FINANCIAL INFORMATION

This presentation includes certain non-IFRS financial measures, including underlying earnings, underlying EBIT and underlying EBITDA, underlying basic earnings per share, underlying effective tax rate underlying, underlying EBIT margin, underlying EBITDA margin, underlying return on invested capital, free cash flow, debt, net cash, net operating assets, operating margin and ROIC . These measures are used internally by management to assess the performance of our business, make decisions about the allocation of our resources and assess operational management. Non-IFRS measures have not been audited or reviewed and should not be considered an indication or alternative to an IFRS measure of profitability, financial performance or liquidity.

NO TITLES OFFER

Nothing in this presentation should be read or understood as an offer or recommendation to buy or sell South32 securities or be treated or relied upon as a recommendation or advice by South32.

RELIANCE ON THIRD-PARTY INFORMATION

Any information contained in this presentation that has been derived from publicly available sources (or opinions based on such information) has not been independently verified. South32 Group makes no representations or warranties as to the accuracy, completeness or reliability of the information. This presentation should not be considered a recommendation or prediction by South32.

NO FINANCIAL OR INVESTMENT ADVICE – SOUTH AFRICA

South32 does not provide financial or investment “advice” as that term is defined in the South African Financial Advice and Intermediary Services Act, 37 of 2002.

MINERAL RESOURCES AND ORE RESERVES

Caution regarding the exploratory study of the Clark deposit: The exploratory study referred to in this presentation is based on low-level technical and economic evaluations and is insufficient to support the estimation of ore reserves or to provide assurance of an economic development case at this stage, or to provide certainty that the conclusions of the scoping study will be realized. The study is based on 60% indicated mineral resources and 40% inferred mineral resources (see footnotes (slide 29) for disclaimer).

Disclaimer on production targets: the information contained in this presentation which refers to the production target and the forecast financial information is based on the mineral resources measured (20%), indicated (62%), inferred (14 %) and the exploration objective (4%) for the Taylor Deposit. The mineral resources underlying the production target have been prepared by a competent person in accordance with the JORC code (see footnotes (slide 29) for disclaimer). All material assumptions on which the production target and forward financial information are based are provided in the “Hermosa Project Update” announcement issued on January 17, 2022. There is a low level of geological confidence associated with the inferred mineral resources and there There is no certainty that further exploration work will result in the determination of Indicated Mineral Resources or the achievement of Target Production. The potential quantity and grade of the exploration target are conceptual in nature. With respect to the exploration target used in the production target, there has not been sufficient exploration to determine a Mineral Resource and there is no certainty that further exploration work will result in the determination of mineral resources or that the production target itself will be achieved. The stated production target is based on South32’s current expectations regarding future results or events and should not be relied upon solely by investors when making investment decisions. Further evaluative work and appropriate studies are needed to establish sufficient confidence that this objective will be achieved. South32 confirms that the inclusion of 18% tonnage (14% inferred mineral resource and 4% exploration target) is not the determining factor for project viability and the project anticipates positive financial performance using 82% tonnage (20% measured and 62% indicated mineral resources). South32 is therefore satisfied that the use of inferred mineral resources and the exploration objective in the production objective and forward-looking financial information reports is reasonable.

Competent Person Statement and Caution – Exploration Results and Exploration Target: The information contained in this presentation regarding exploration results and exploration targets for Hermosa (including Peake) has been disclosed in the announcement “Hermosa Project Update” published on January 17, 2022 and are prepared by a competent person in accordance with the requirements of the JORC code. South32 confirms that it is not aware of any new information or data that materially affects the information included in the initial market announcement. South32 confirms that the form and context in which the competent person’s findings are presented have not changed materially from the initial announcement to the market. For these exploration targets, the potential quantity and grade are conceptual in nature. There has been insufficient exploration to determine a mineral resource and there is no certainty that further exploration work will result in the determination of a mineral resource.

]]> Should investors consider silver ETFs? https://ntbamainstreet.org/should-investors-consider-silver-etfs/ Sat, 15 Jan 2022 04:15:58 +0000 https://ntbamainstreet.org/should-investors-consider-silver-etfs/

Mutual fund investors can replace physical gold by investing in exchange-traded funds with the yellow metal as the underlying asset. They now have a similar option for the money.

Three asset managers, including ICICI Prudential Mutual Fund and Aditya Birla Sun Life Asset Management Co., are launching silver exchange-traded funds in January. In September last year, the market regulator authorized silver ETFs.

“Silver ETF, like gold ETF, is a very easy way to invest in silver as a commodity through the financial channel,” said Chintan Haria, Head of Products and Strategy. at ICICI Prudential Mutual Fund, to Niraj Shah of BloombergQuint during a weekly special. The Mutual Fund Fair. “It’s a simple way for investors to participate in a financial product that will eventually be listed on a stock exchange and investors can buy and sell. They will basically be exposed to silver and the price of silver in international markets is converted to Indian rupees.

According to Gaurav Rastogi, Founder and Managing Director of Kuvera.in, having an easier way to invest in silver or hold silver is a good idea. Silver is a “bit more procyclical” to growth than gold due to its industrial uses, he said on the same show.

Rastogi urged investors to look at the gold-silver ratio, which is trading at one of its lowest points. According to him, the biggest risk factor for the gains of any ETF on silver is that the two metals lose the “stamp of safe assets”.

“People are happy with the currencies. They haven’t had a really bad tail risk event in a very long time where you would hear stories that nothing but gold would work, or nothing but silver would work. This type of framing is one of the risk factors…but otherwise a great opportunity for precious metals investors who now have a very easy way to buy silver,” Rastogi said.

Also, silver returns may increase in the future, they said.

According to Haria, “For almost 10 years, silver has had virtually no return except for a big jump we saw between March 2020 and August 2020 where both silver and gold surged , but a 10-year CAGR is only about 2% in silver”.

Over the next two years, he said, there is potential for the silver to increase given its industrial use in electric vehicles, 5G mobile technology and the medical industry. “Silver is a good addition for portfolio diversification, especially when other asset classes like equities and debt don’t look as attractive based on relative valuation.”

]]>
DMEX has entered into a strategic partnership with chains https://ntbamainstreet.org/dmex-has-entered-into-a-strategic-partnership-with-chains/ Thu, 13 Jan 2022 12:37:36 +0000 https://ntbamainstreet.org/dmex-has-entered-into-a-strategic-partnership-with-chains/

On January 11, 2022, DMEX, the decentralized mining platform, made an announcement regarding its strategic partnership with the chains. Channels is a decentralized lending portal that places particular emphasis on the security of its users. Not only that, but it also supports LP smart staking pool as well as LP collateral loan. The channels had been used on the Heco channel as well as on BSC. Going forward, Channels, along with DMEX, will collaborate fully in DeFi asset security, cross-channel protocol, user community as well as system integration of all of their loan products. These two platforms strive to make an additional contribution to the entire DeFi ecosystem.

About channels

Channels are the primary multi-channel DeFi lending portals. Users can make a deposit which includes LP tokens as well as a single token, and borrow CAN rewards from the token from the receiving platform. Channels, as a new generation of DeFi lending protocol, has rapidly grown to become the world’s fourth largest lending platform in just seven months, as well as the world’s largest LP mortgage lending platform. , and never had a security problem.

Additionally, Channels recently introduced HECO and BSC. TVL was ranked number one on HECO. It became the second popular lending portal on the second day of BSC’s launch. Of the two platforms, it is also the largest LP mortgage lending platform, and mining income has long been the largest on BSC and HECO.

About DMEX

DMEX is the world’s first decentralized mining power financial services platform that offers a unique NFT tokenization solution for different underlying assets such as IPFS, Filecoin, BTC as well as ETH mining power based on ERC-721 protocol. . DMEX is even compatible with several smart contracts as well as public chains based on the Ethereum architecture like Huobi Heco Chain and Binance Smart Chain. DMEX Solves Transparency Issue of Existing Cloud Mining Platforms, Mitigates Leakage Risk, and Improves Liquidity of Mining Assets by Tokenizing Mining Assets to NFT and Incorporating DeFi Protocol .

Not only that, but DMEX also aims to build a complete mining solution system and develop a global financial infrastructure to meet the crypto mining requirements of millions of users around the world. Security, transparency, openness and autonomy are the core values ​​of DMEX. DMEX lays a solid foundation for the next era of Web 3.0 and the diverse metaverse world with that mindset in mind.

]]>
How to implement the 2022 financial resolutions and take steps towards the future https://ntbamainstreet.org/how-to-implement-the-2022-financial-resolutions-and-take-steps-towards-the-future/ Sun, 09 Jan 2022 18:24:25 +0000 https://ntbamainstreet.org/how-to-implement-the-2022-financial-resolutions-and-take-steps-towards-the-future/

SAN ANTONIO – It’s 2022 and with the start of the new year, so many people have new goals and resolutions. We always hear about fitness resolutions – and eating healthier – but what about financial resolutions and saving more money this year?

Mannik Dhillon, President of Victory Capital Solutions at Victory Capital Management, has joined HIS leader to discuss what you should be thinking about when setting new financial goals for 2022.

“It’s time for a new year, new resolutions and fresh starts, and it’s a great time to put one on your calendar to say, take a look at what’s going on financially in your life,” Dhillon said.

Dhillon said everyone’s budget and plan are different, and there are a lot of unexpected obstacles that can cause you to make a change.

“Did you achieve everything you planned for last year, whether it was in terms of saving, investing or budgeting? You know, things could be different. Maybe people are trying to save for a house. Maybe they’ve had a baby and want to know how to save for college. So it’s a great time of year to do it, ”said Dhillon.

A d

There are easy ways to assess your plan and think about the future, he said.

“First of all, make a budget, revise a budget. So take a look at last year. Did you spend the money in the places you thought you would? Maybe things happened that were surprises. And I always like to tell people, don’t forget to pay yourself within that budget. You know, a lot of times we sit down and look at all the places our money is going. There is no budget item for us in terms of savings and investment. And that’s really the second thing apart from a rainy day. We know unexpected things happen. We have just been through a terrible pandemic except for a rainy day, have enough expenses aside and then invest for the future, not only yours but also those of your children, ”said Dhillon.

Dhillon said you don’t need a fixed number to start saving or investing in the future.

“You don’t need a lot of money to get started. This is, I think, one of the things people don’t understand. You know, we have clients calling us every day to start an automatic investing plan, always at $ 50 a month. And that’s all. This is something that is achievable for most people, and they can take advantage of the makeup of the market’s offerings without having to try to time the market that way. This is also a great time to review your existing portfolio, like your 401K plan, your retirement plans, and don’t forget the kids. These education savings plans are a great way, and you know, these days you can use them for more than college. You can use them for high school, middle school, and elementary, ”Dhillon said.

A d

He added that it is important to understand your means and your goals.

“Make sure you invest and invest enough to reach your goals. Looked. It is as if I said that these pension plans are contributions and what you are putting aside. And then the next thing is, are you appropriately diverse? And what it really means is, do you have the right mix of different assets so that it could be bonds, stocks, real estate and other things, commodities and don’t try to time market fluctuations, ”Dhillon said.

Inflation, interest rates and the Consumer Price Index have got the financial world talking, but Dhillon said you should try to time the market perfectly.

“There’s going to be a lot of attention on interest rates and inflation as we’ve heard before. And these aren’t just things Wall Street needs to worry about. They are going to have an impact on everyone’s daily life. And so it never hurts to seek out an expert to discuss ideas, ”Dhillon said.

A d

Dhillon also discussed investing in cryptocurrencies.

“It’s definitely an interesting new space. You know, the underlying technology behind it has the potential to be quite disruptive to everything we do in our day to day life. You know, that’s fine with some people, you know, but they have to take a step back and ask, can I handle the volatility? May I? When should I allocate? Which should I assign to? Dhillon said. “You know, it’s never a good idea to have your entire portfolio in something so volatile. So I think it’s something that people need to step back and look back on. What are my goals? What am I trying to achieve? And does an asset class like this fit in?

You can watch Dhillon’s full interview in the video player above.

Copyright 2022 by KSAT – All rights reserved.

Source link

]]>
SEC Delivers Coal Under NYSE Arca and Cboe BZX Christmas Trees as Bitcoin ETF Refusal https://ntbamainstreet.org/sec-delivers-coal-under-nyse-arca-and-cboe-bzx-christmas-trees-as-bitcoin-etf-refusal/ Sat, 08 Jan 2022 00:03:49 +0000 https://ntbamainstreet.org/sec-delivers-coal-under-nyse-arca-and-cboe-bzx-christmas-trees-as-bitcoin-etf-refusal/

Two national stock exchanges found coal under their Christmas trees on December 22, 2021, in the form of orders from the Securities and Exchange Commission to disapprove their requests to change the exchange rules for listing and trading stocks. of bitcoin exchange traded funds. In both cases, the SEC concluded that the proposed rule changes were not sufficiently “designed to prevent fraudulent and manipulative acts and practices” and “to protect investors and the public interest”.

The two exchanges were NYSE Arca, Inc., which sought to list and trade shares of the Valkyrie Bitcoin Fund, and Cboe BZX Exchange, Inc. which sought to list and trade shares of the Kryptoin Bitcoin ETF Trust. Both funds have offered to hold only bitcoin and track the price of virtual currency as reflected by the CF Bitcoin US Settlement Price (an index created and administered by CF Benchmarks Ltd., currently relying on the prices of the bitcoin traded on Bitstamp, Coinbase, Gemini, itBit and Kraken).

Disapproving of the demands of the two exchanges, the SEC asserted that neither platform has entered into a “full surveillance sharing agreement with a regulated market of significant size linked to the underlying or benchmark bitcoin assets.” nor had “established that other means of preventing fraud and manipulative acts and practices are sufficient to justify departing from the required surveillance sharing arrangement.” The SEC said it was required to review scholarship proposals in light of these standards in accordance with applicable law. (Click on here to access section 6 (b) (5) of the Securities Exchange Act of 1934, 17 USC Sec. 78f (5).)

NYSE Arca and Cboe BZX each presented numerous arguments as to why they believed the bitcoin market as a whole or the bitcoin market represented by the CF Bitcoin Settlement Index to be “uniquely and inherently resistant to fraud and manipulation.” . NYSE Arca’s arguments included that the bitcoin market had grown rapidly in recent years and that billion dollar transactions had taken place without materially disrupting the market. Among other points, Cboe BZX referred to the fragmentation between bitcoin trading platforms, the relatively slow speed of bitcoin transactions, and the large capital that would be required to manipulate each trading platform as factors that would make bitcoin price manipulation difficult. . Both exchanges argued that due to the arbitrageurs in the market, manipulation of bitcoin in a particular market “would likely require overcoming the liquidity supply of those arbitrageurs who potentially eliminate any price difference between the markets.”

The SEC rejected all of these claims, generally saying that the exchanges had not provided sufficient evidence to support their proposals. In addition, the SEC also suggested that certain standard risk factor statements regarding bitcoin and bitcoin markets in each of the fund registration statements constituted the funds’ own recognition that bitcoin markets were not inherently resilient. to fraud and manipulation.

The SEC further rejected Cboe BZX’s argument that by having a joint membership with the Chicago Mercantile Exchange – home of bitcoin futures and options – within the Intermarket Surveillance Group, it had satisfied to the SEC’s alternative requirement to enter into a “comprehensive oversight sharing agreement with a regulated market of significant size relating to the underlying assets. Despite CME’s large growing volume and open interest in its bitcoin futures contract, the SEC said CME was not a significant market “because the term is used in the context of the applicable standard here.” . This is because, said the SEC “[t]The evidence does not show that there is a reasonable probability that a person attempting to manipulate the project [exchange-traded product] would have to trade in the CME bitcoin futures market to successfully manipulate it. “

NYSE Arca has not identified any market as a potential market of significant size with which it has entered into a required monitoring agreement, the SEC said.

The SEC rejected arguments from both exchanges that allowing Bitcoin ETF listing and trading would allow retail clients to gain exposure to bitcoin more securely than through at least some trading platforms of cryptocurrency. The SEC said that regardless of the benefits, the exchanges must meet the requirements of a stock exchange to be listed under applicable law. Since, in its view, the exchanges did not meet any of the potential listing avenues, the SEC “is unable to conclude that the proposed rule change conforms to the legal standard.”

The SEC has yet to approve changes to the exchange’s proposed rules for listing and trading shares of Bitcoin exchange-traded funds. Recently, however, he approved changes to the rules proposed by exchanges for listing and trading shares of bitcoin futures exchange-traded funds. (Click on here to access the article “The US bitcoin ETF makes its debut, but legal obstacles remain” Reuters Legal News, October 22, 2021.

Although the SEC “stresses again[d]”that his disapproval of the NYSE Arca and Cboe BZX nominations was not based” on an assessment of the usefulness or value of bitcoin or blockchain technology as an innovation or an investment, “his total rejection of arguments advanced by the exchanges can reasonably be taken to suggest a contrary view.

(Click on here access the SEC’s disapproval order to NYSE Arca and here to access the Board’s denial order to Cboe BZX.)

The content of this article is intended to provide a general guide on the subject. Specialist advice should be sought regarding your particular situation.

Source link

]]>
We love these underlying trends in return on capital at ASM International (AMS: ASM) https://ntbamainstreet.org/we-love-these-underlying-trends-in-return-on-capital-at-asm-international-ams-asm/ Thu, 06 Jan 2022 04:23:09 +0000 https://ntbamainstreet.org/we-love-these-underlying-trends-in-return-on-capital-at-asm-international-ams-asm/

What are the first trends to look for to identify a title that could multiply over the long term? A common approach is to try to find a business with Return on capital employed (ROCE) which increases, in connection with growth quantity capital employed. Simply put, these types of businesses are dialing machines, which means they continually reinvest their profits at ever higher rates of return. Speaking of which, we have noticed some big changes in ASM International (AMS: ASM) returns on capital, so let’s take a look.

What is Return on Employee Capital (ROCE)?

For those who don’t know, ROCE is a measure of a company’s annual pre-tax profit (its return), relative to the capital employed in the company. The formula for this calculation on ASM International is:

Return on capital employed = Profit before interest and taxes (EBIT) ÷ (Total assets – Current liabilities)

0.20 = € 430m ÷ (€ 2.6bn – € 398m) (Based on the last twelve months up to September 2021).

Therefore, ASM International has a ROCE of 20%. On its own, that’s standard efficiency, but it’s far better than the 9.7% generated by the semiconductor industry.

Check out our latest analysis for ASM International

ENXTAM: ASM Return on Capital Employed on January 6, 2022

In the graph above, we measured ASM International’s past ROCE against its past performance, but the future is arguably more important. If you’d like to see what analysts are forecasting for the future, you should check out our free report for ASM International.

What the ROCE trend can tell us

ASM International did not disappoint the growth of its ROCE. Looking at the data, we can see that although the capital employed in the company has remained relatively stable, the ROCE generated has increased by 678% over the past five years. So our view is that the business has increased its efficiency to generate these higher returns, while not needing to make additional investments. It’s worth digging deeper into, because while it is good that the company is more efficient, it could also mean that in the future the areas in which to invest internally for organic growth are lacking.

Our opinion on ASM International’s ROCE

To put it all together, ASM International has done well to increase the returns it generates from its capital employed. Given that the stock has returned 933% to shareholders over the past five years, it looks like investors are recognizing these changes. So, given that the stock has proven to have some promising trends, it’s worth doing more research on the company to see if these trends are likely to continue.

On the other side of ROCE, we must consider valuation. This is why we have a FREE estimate of intrinsic value on our platform it is definitely worth checking out.

If you want to look for solid businesses with great income, check out this free list of companies with good balance sheets and impressive returns on equity.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in any of the stocks mentioned.

Source link

]]>
Institutional investments in the real estate sector fell 17% to $ 4 billion in 2021 https://ntbamainstreet.org/institutional-investments-in-the-real-estate-sector-fell-17-to-4-billion-in-2021/ Tue, 04 Jan 2022 04:33:33 +0000 https://ntbamainstreet.org/institutional-investments-in-the-real-estate-sector-fell-17-to-4-billion-in-2021/

BENGALURU : Institutional real estate investments closed at $ 4 billion in 2021, a decrease of 17% from the previous year, which saw the closing of a few important transactions.

Despite the decline, capital flows have seen a widespread recovery in most asset classes and geographies and have doubled the number of transactions compared to 2020, according to a note from real estate advisor Colliers India. 2021 has been one of the best years for the industrial and logistics and residential sectors, accounting for around half of total investments at around $ 2 billion.

The office sector attracted the highest investment with $ 1.2 billion, accounting for 31% of total investment in 2021. However, the commercial office sector accounted for 45% of the total investment of $ 4.8 billion in 2020.

The industrial and logistics sector saw investments reach a five-year high of $ 1.1 billion, a five-fold increase from 2020. The sector has attracted strong interest from operators and investors due to demand. increased e-commerce and third-party logistics (3PL) after the pandemic. This growth momentum is expected to continue in 2022, as global investors and developers continue to expand their presence near high consumption areas in Tier I and II cities.

“… Investments in all asset classes saw promising inflows in 2021, reflecting several opportunities for investors to recalibrate their strategy towards growth sectors. This is already evident in the rapid investment in residential, the growing development of data centers, alternatives, industry, offices as well as the evolution of the life sciences sector. There is a reflection of the confidence in the industry to participate in the growth story and therefore develop, build and own real assets for the long term, ”said Piyush Gupta, MD, Capital Markets and Services. investment, Colliers India.

2021 saw a healthy investor appetite for the residential, industrial and logistics sectors, as the office continues to dominate. The former has hit record highs in recent times, totaling nearly $ 2 billion in institutional investment volumes. This echoes the strong fundamentals and attractive valuations of the underlying assets, supported by a positive economic outlook.

“… The widespread recovery signals signs of turmoil among investors and the expansion of REITs, asset diversification, impending potential in industry and logistics will occupy them in the Indian market.” Additionally, niche asset classes such as data centers, student housing and life sciences will provide a unique opportunity for investors to diversify their investments, ”said Vimal Nadar, Senior Director and Head of Research , Necklaces India.

Entries in the residential segment have increased significantly with a doubling year-over-year against a backdrop of a recovery in the sector and increased demand for capital. Private equity funds seek to provide capital for new investments in residential projects, as well as to refinance or restructure existing loans from banks and NBFCs.

The luxury segment accounted for around 35% of total investment, with the remainder being in middle-income and affordable category projects. Luxury residential projects have seen an increase in investment in 2021, with demand for larger homes and gated communities increasing dramatically over the past year.

With increased investment in some luxury residential projects and data centers, Mumbai led the investment pie in 2021 with a 20% share. Foreign private equity investors continued to hold the majority of investment volumes, but domestic funds showed greater confidence compared to last year, thanks to a steady recovery in the economy.

Investments in alternatives continued the growth momentum in 2021, driven by data centers. Alternative assets (student housing, co-living, life sciences, data centers) represented 11% of total investments in 2021, up from 8% in 2020. 2021.

To subscribe to Mint newsletters

* Enter a valid email address

* Thank you for subscribing to our newsletter.

Never miss a story! Stay connected and informed with Mint. Download our app now !!

Source link

]]>
Growth has not been lacking in recent times for returns on capital of Anglo-Eastern plantations (LON: AEP) https://ntbamainstreet.org/growth-has-not-been-lacking-in-recent-times-for-returns-on-capital-of-anglo-eastern-plantations-lon-aep/ Sun, 02 Jan 2022 07:36:34 +0000 https://ntbamainstreet.org/growth-has-not-been-lacking-in-recent-times-for-returns-on-capital-of-anglo-eastern-plantations-lon-aep/

If you aren’t sure where to start when looking for the next multi-bagger, there are a few key trends you should watch out for. First, we would like to identify a growth to return to on capital employed (ROCE) and at the same time, a based capital employed. Basically, it means that a business has profitable initiatives that it can keep reinvesting in, which is a hallmark of a dialing machine. With that in mind, we’ve noticed some promising trends at Anglo-Eastern plantations (LON: AEP) so let’s look a little deeper.

What is Return on Employee Capital (ROCE)?

For those who don’t know, ROCE is a measure of a company’s annual pre-tax profit (its return), relative to the capital employed in the company. The formula for this calculation on Anglo-Eastern plantations is:

Return on capital employed = Profit before interest and taxes (EBIT) ÷ (Total assets – Current liabilities)

0.15 = US $ 86 million ÷ (US $ 628 million – US $ 41 million) (Based on the last twelve months up to June 2021).

So, Anglo-Eastern Plantations has a ROCE of 15%. On its own, that’s a standard return, but it’s far better than the 11% generated by the food industry.

Consult our latest analysis for Anglo-Eastern plantations

crossbreed

Although the past is not representative of the future, it can be useful to know the historical performance of a company, which is why we have this graph above. If you want to look at Anglo-Eastern Plantations’ performance in the past in other metrics, you can check out this free past income, income and cash flow graph.

What is the trend for returns?

Anglo-Eastern Plantations is showing positive trends. Data shows that returns on capital have increased dramatically over the past five years to reach 15%. The company actually makes more money per dollar of capital used, and it should be noted that the amount of capital has also increased by 27%. So we’re very inspired by what we’re seeing at Anglo-Eastern Plantations through its ability to reinvest capital profitably.

In conclusion…

A business that increases its returns on capital and can constantly reinvest in itself is a highly desirable trait, and that’s what Anglo-Eastern Plantations has. Investors may not yet be impressed with the favorable underlying trends, as over the past five years, the stock has only returned 8.2% to shareholders. With that in mind, we would dig deeper into this stock in case there are more traits that could cause it to multiply in the long term.

While Anglo-Eastern Plantations looks impressive, no business is worth an endless price. the intrinsic value infographic in our free research report helps visualize if AEP is currently trading at a fair price.

Although Anglo-Eastern Plantations doesn’t get the highest yield, check out this free list of companies that generate high returns on equity with strong balance sheets.

Do you have any feedback on this item? Are you worried about the content? Get in touch with us directly. You can also send an email to the editorial team (at) simplywallst.com.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in any of the stocks mentioned.

Source link

]]>
Strong insider acquisition found in underlying holdings of TOLZ https://ntbamainstreet.org/strong-insider-acquisition-found-in-underlying-holdings-of-tolz/ Fri, 31 Dec 2021 14:49:40 +0000 https://ntbamainstreet.org/strong-insider-acquisition-found-in-underlying-holdings-of-tolz/

A Examination of the weighted underlying holdings of the ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) shows that a staggering 20.1% of the holdings on a weighted basis have been insider bought over the past years. last six months.

Enterprise Products Partners LP (ticker: EPD), which represents 2.91% of the ProShares DJ Brookfield Global Infrastructure ETF (TOLZ), has seen 3 directors and officers buy shares in the past six months, according to recent data from Form 4 The ETF holds a total of $ 4,240,522 of EPD, making it the 9th largest holding. The table below details recent insider buying activity observed at EPD:

EPD – Last Trade: $ 21.70 – Recent Insider Purchases:

Bought Initiated Title Actions Price / share Value
07/30/2021 John R. Rutherford Director 6000 $ 22.73 $ 136,375
08/26/2021 John R. Rutherford Director 10,000 $ 22.19 $ 221,940
09/15/2021 John R. Rutherford Director 10,000 $ 22.24 $ 222,377
09/20/2021 AJ Teague Co-Managing Director 23,300 $ 21.41 $ 498,825
09/21/2021 AJ Teague Co-Managing Director 1000 $ 21.69 $ 21,690
11/16/2021 John R. Rutherford Director 10,000 $ 22.86 $ 228,632
12/28/2021 Carin Marcy Barth Director 5,000 $ 21.60 $ 108,000

And Genesis Energy LP (Ticker: GEL), the 68th largest holding among the constituents of the ProShares DJ Brookfield Global Infrastructure ETF (TOLZ), shows that 3 directors and officers recently filed Form 4 showing purchases. The ETF owns $ 166,892 of GEL, which is approximately 0.11% of the ETF’s total assets at last check. The recent insider buying activity observed at GEL is detailed in the table below:

GEL – last trade: $ 10.60 – Recent insider buys:

Bought Initiated Title Actions Price / share Value
09.08.2021 Grant E. Sims Chief executive officer 10,000 $ 8.38 $ 83,761
09.08.2021 Edward T. Flynn President, Genesis Alkali, LLC 29,000 $ 8.34 $ 241,860
08/10/2021 James E. Davison Director 26,896 $ 8.23 $ 221,423
08/20/2021 James E. Davison Director 25,000 $ 7.74 $ 193,500

10 ETFs With Shares Insiders Buy »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Source link

]]>