I think this FTSE 250 stock is a great buy after its 15% drop

first_img “This Stock Could Be Like Buying Amazon in 1997” Manika Premsingh has no position in any of the shares mentioned. The Motley Fool UK has recommended Homeserve. 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 See all posts by Manika Premsingh Manika Premsingh | Tuesday, 18th May, 2021 | More on: HSV Simply click below to discover how you can take advantage of this.center_img Our 6 ‘Best Buys Now’ Shares Enter Your Email Address The stock in question is Homeserve (LSE: HSV). The multinational home repairs provider is down almost 7% today, after it released its final results for the year ending 31 March 2021. This is a continuation of a larger trend. In the last month the FTSE 250 stock’s price has fallen 15% and about the same over the past year as well. It has seen much volatility since, even reaching multi-year highs last August, but it is essentially trending downwards. 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…Why is the Homeserve share price falling?I reckon the Homeserve share price is falling for two reasons.One, there is a broad and prolonged rotation out of defensive shares. As the outlook for coronavirus-impacted sectors improved last year, defensive shares started looking expensive by comparison. Two, it does not help that the Homeserve share price is still comparatively elevated. Its price to earnings (P/E) ratio at 35 times is still quite high especially considering that its share price has fallen 28% from its highs last August. Strong performanceThat does not take away from the stock’s credentials in my view, though. It is a financially strong company that reported 15% revenue growth for the year ending 31 March 2021 earlier today. And it has managed robust growth despite lockdowns, which made access to homes difficult. It has seen a plunge in statutory operating profit by a whole 55% because of a big one-off charge on eServe, its UK customer relationship management solution, which ultimately did not work out well. The charge is glaringly large at £84.8m, and has wiped out a large part of its operating profits. However, considering its financial performance over the years, I am inclined to overlook it. At least for now.Homeserve expects to deliver an acceleration in performance next year. Considering that the global economy is expected to pick up speed through the rest of 2021, I believe in Homeserve’s forecast. Also, while there could be some come-off in demand as people return to offices, this may be more than made up for by the relaxation in lockdowns.  More positives for the FTSE 250 stockHomeserve also pays a dividend and currently yields 2.3%. While this is not a dividend yield that qualifies it for an income stock, it is an additional gain. After all, there are instances of growth stocks that offer little more than rock-bottom dividend yields.And in my view, Homeserve is a growth stock. Before the unexpected happened last year, its share price had been steadily rising. In fact, if I had bought the stock five years ago, I would have more than doubled my money by now. My takeawayI think these developments bode well for Homeserve. Additionally, I am fairly convinced that the stock market rally can continue, even with hiccups. This means that the likelihood of share price increase is higher than it would be in an indifferent market.I think now is an opportunity for me to buy.   I think this FTSE 250 stock is a great buy after its 15% drop 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. 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.last_img read more

People principle will reap rewards

first_imgPeople principle will reap rewardsOn 8 Oct 2002 in Personnel Today Related posts:No related photos. Previous Article Next Article Comments are closed. Max Mckeown and Philip Whiteley argue that ‘people’ and ‘Strategy’ are notmutually exclusiveAnother month, another clutch of surveys showing how empowered and motivatedemployees create more successful companies. The Work USA 2002 Survey by WatsonWyatt found that returns to shareholders were three times higher at companieswith high levels of trust between managers and staff. Why does no-one believe the results? We are told that we always have tochoose between the evil but efficient ‘maximising shareholder value’ optionversus the caring, socially aware ‘stakeholder’ approach. This notion of choice between head and heart is an illusion. There is apowerful cultural myth of some intrinsic connection between exploitation andprofit-making; that the more people are demeaned and have their horizonsshrunken, the more lean and successful the business. There is solid evidence that the whole human being, freed from the shrinkingeffects of gratuitous rules, bullying and excessive cost-cutting, producesbetter business. Most managers will have been lectured over their failure to be morestrategic. But what does it mean to be strategic when most business strategiesfail and the ‘people element’ is regarded as peripheral? Specifically, the approach to strategy based on the notion of a company asan inanimate superstructure to which staff are subordinate as ‘resources’ isjust plain wrong. Research shows that mergers and restructurings on this modelnearly always fail. The myth is so strong it persuades some people to try to convert goodbusinesses into bad ones. Southwest Airlines, alone among US carriers, hasnever reported a loss. It makes development and selection of its people itscore strategic objective – yet it still comes under pressure from investors tocut ‘costs’ on recruitment and training. The ‘Unshrink’ theory replaces rules and obsessive cost measurement withprinciples. The principles are that we are not what we do, but what we canbecome. We are all human – boss and employee alike. Only good change is good,and our organisations and world are communities and not machines. It means creating a workplace for grown-up, complete people with families,brains, unfulfilled ambitions and pride. People will follow willingly when theyunderstand the principles, believe in them and are permitted the freedom tofollow their own initiative in so doing. Is it not the challenge of advanced economies to finds ways to createever-more creative, intelligence-packed products, and multi-level experiences? The door is open for the personnel profession to develop its own strategicthinking, and have the confidence to say “I refuse to draw up redundancyplans until I see some evidence that you have gauged the effects of lost skills,reduced morale and weaker customer retention”. Or “Here’s a plan totransform the pay and career structure in our call centres to equip staff toimprove the lives of the customers”. The evidence is on your side. Max Mckeown is a business author and Philip Whiteley is a freelancejournalist. Their book, Unshrink is published by Prentice Hall Business, at£9.99 last_img read more

O.C. Legion Brings Back Free Vacations for Vets

first_imgMaster Sergeant Joe Farrell and his family (left to right: Aiden Joseph, Alyssa Rose, wife Sharon, Joseph Robert (back row) and Liam, prepare for a week’s vacation in Ocean City, thanks to the efforts of American Legion Post 524 and its Veterans Rest and Relaxation Program, now in it’s third year of serving vets and their families.For the third consecutive year, Ocean City’s American Legion Post 524 will welcome veterans and their families to “America’s Greatest Family Resort” for an all-expenses-paid, one-week vacation.“The Veterans Rest & Relaxation Program began in 2013 as a way to pay tribute to servicemen and women for sacrifices made during their time in the military,” said program chairman Steve Cole. “Whenever military personnel are deployed, their families also share in that deployment and we support their efforts as well.”On Saturday (June 13), Army Master Sergeant Joseph Farrell, his wife, Shannon, and their children Joe Jr., Allysa, Liam and Aiden will be escorted across the Route 52 causeway by the American Legion Riders motorcycle team and the Ocean City Fire and Police departments. They will arrive at Post 524 on Bay Avenue and be welcomed with gifts from local merchants and the keys to a “free” condominium on the island.Farrell entered the service in 1980 and trained in the Army’s Special Forces as a medic. He retired earlier this year after 35 years and advancing to Senior Battalion Medic. He saw action in Operation Desert Shield (Saudi Arabia), Operation Desert Storm (Kuwait), and later in Afghanistan. During his career, Farrell earned the Bronze Star Medal, the Kuwait Liberation Medal and a Presidential Unit Citation.Local businesses supporting the Rest & Relaxation Program include:Artisan’s Alcove ($50.00 gift certificate)Ward’s Bakery ($20.00 gift certificate)Hoy’s 5 & 10 ($50.00 gift certificate)Sun Rose Words & Music ($25.00 gift certificate)Fashion Nails (Free Manicure)Kay Jay’s Doll House ($20.00 gift certificate)Yoasis Yogurt ($30.00 gift card)ShopRite ($100.00 gift certificate)Mallon’s Stickey Buns (one dozen buns)Ocean City Home Bank (beach balls, caps, towels and gift certificates)Acme Markets ($100.00 gift certificate)Ocean City Coffee Company ($50.00 gift certificate)Shriver’s Candies (candy and salt water taffy)Mia’s Christmas Shop (a gift box assortment)Henry’s ($25.00 gift certificate)YoGo Factory Yogurt (gift cards and free sundaes)34th Street Market ($100.00 gift certificate)Manco & Manco ( gift certificates)Spinning Wheel Florists (a bouquet of flowers.)The City of Ocean City is also involved in the R & R Program offering free parking during the family’s stay, passes to the Municipal Golf Course, and a free one-week’s pass to the Aquatics and Fitness Center. The Chamber of Commerce has donated a welcome basket and a private tour of the Cape May Zoo is being offered by Cape May County.“The intent of this program is to say ‘Thank You for your service’ to our military heroes who have helped keep us safe,” said Steve Cole. “And we do this because it’s not only the right thing to do, it just feels good.”— News release from Doug Otto for American Legion Post 524last_img read more

Govt making mockery of CJ’s decision, Constitution – Nandlall

first_imgCourt-ordered Article 106 March 19 elections…engaging in more ‘constitutional heresy’Former Attorney General and Legal Affairs Minister Anil Nandlall has accused the David Granger-led Administration of practising “constitutional heresy” by still holding Cabinet meetings but under a different name while ignoring the recent ruling by acting Chief Justice (CJ) Roxane George.Former Attorney General Anil NandlallNandlall said that in her ruling, the CJ stated clearly that in accordance with the Constitution and upon the successful passage of the no-confidence motion, on December 21, 2018, the President (David Granger), as well as the Cabinet, was taken to have resigned.“To circumvent the CJ’s ruling and to subvert the express language of the Constitution, the Government continues to meet and make decisions, but they are not calling those meetings Cabinet, but a ‘Ministerial Plenary and the Secretary to this extra-constitutional body who used to be the Secretary to the Cabinet (Edward Persico), that person is now called Secretary to the plenary,” he explained.MockeryThis move, according to Nandlall, highlights how Government is making a mockery of both the acting CJ’s decision, as well as the express provisions of the Constitution. He reminded that the Constitution provided for an institution called Cabinet and that institution is to advise the President on the direction in which the Government should go policy-wise and in accordance with good governance.He argued, “Cabinet has been disbanded so to speak by the CJ’s ruling and by the express language of provision of the Constitution by the passage of the no-confidence motion. You can’t concoct another agency calling it a name and imbuing it with the power to perform the functions that Cabinet used to be performing. I’ve never heard anything like this, nowhere in the Caribbean or Commonwealth…”The former AG also described the situation as a constitutional travesty.Constitutional heresyPresident David GrangerMeanwhile, in making reference to statements made by Minister of State, Joseph Harmon, where he told the press that the plenary of Ministers had the same powers as Cabinet, Nandlall said he disagreed with that reasoning.“Where did they get that from? Where did the plenary of Cabinet Ministers, whatever that amorphous organisation is, is not provided anywhere in the laws. The Constitution creates a Cabinet and it ascribes to Cabinet the functional responsibilities that Cabinet is to perform,” he added.Again, Nandlall said that it could only be seen as constitutional heresy at its worst. His reasoning for this is that all of the decisions which are now being made are unconstitutional and illegal. “At some time they will have to set aside that as illegal and unlawful, because it is,” he stated.Minister Harmon was the first to reveal this information, stating that the plenary of ministers have met as a collective to note contracts from the National Procurement and Tender Administration Board (NPTAB) and give approval for various official government appointments.The Minister revealed that the plenary approved diplomatic relations with San Marino, the appointment of a new Indian High Commissioner and a non-resident Ambassador from Kuwait.The plenary gave its consent for the reconstitution of the National Data Management Authority (NDMA); a Value Added Tax (VAT) Appeal tribunal and also approved the Customs and Trade Single Window System Bill 2019. This Bill, Harmon explained, will pave the way for improved processing of data.Harmon defended the meeting of the plenary, noting that such meetings were also held last year. The Minister was asked to explain under which law is a plenary of Ministers authorised to meet and ‘note’ contracts.“The plenaries are an extended Cabinet with all the Ministers included. It is noted that there is in fact a judgement of the court that was made with respect to the Cabinet. That judgement was appealed. But we have not had a stay of the judgement, and as such, we have not held Cabinet meetings.”“Ministerial plenaries are chaired by the President and include all the Ministers. It, therefore, has all the powers that a Cabinet has… the appointment of a Minister, sitting as a Minister appointed in a full meeting with the President has the full authority of the Government to perform his functions.”Government fell to a no-confidence vote brought against it on December 21, 2018. It took the matter to the High Court, but was defeated. The matter is now with the Appeal Court.President Granger and his Government have said they are waiting on the pending legal cases, but Opposition Leader Bharrat Jagdeo has already warned that transactions approved by an illegal Cabinet run the risk of not being recognised.last_img read more

Apple Makes Its Move In The Smart Home With HomeKit

first_img4 Keys to a Kid-Safe App Tags:#Apple#HomeKit#Internet of Things#iPhone#smart home#WWDC#WWDC 2014 adriana lee Related Posts 5 Outdoor Activities for Beating Office Burnoutcenter_img After weeks of anticipation, Apple finally offered details on its smart home offering: HomeKit, a strategy designed to “bring some rationality to this space,” Craig Federighi, Apple’s senior vice president for software engineering said at company’s Worldwide Developers Conference.HomeKit is designed to unify the various, piecemeal experience in the connected home, with a variety of providers, systems and connectivity options under “a common network protocol,” Federighi said.Specifics were scarce. Federighi said HomeKit will somehow allow iOS users to control their homes with their iPhones—and only their iPhones—to manage “locks, lights, cameras, doors, thermostats, plugs, switches.” The mobile device will offer secure pairing, and can control separate gadgets or set automations for groups of devices.And it will be controlled via voice, thanks to integration with Apple’s Siri personal assistant. So you can change modes by saying “time for bed,” and your house will respond by bringing down the lights and locking the front door.Federighi’s presentation focused mostly on features, not specifics, but we look forward to unpacking this protocol in the days ahead. 9 Books That Make Perfect Gifts for Industry Ex… 12 Unique Gifts for the Hard-to-Shop-for People…last_img read more

Saina Nehwal in Indonesia Open finals

first_imgDefending champion Saina Nehwal inched closer to a third successive Indonesian Open Super Series badminton title after advancing to the finals with a three-game triumph over Chinese Taipei’s Shao Chieh Cheng in Jakarta on Saturday.The fourth-seeded Indian won 21-14 14-21 21-17 in a 45-minute battle against giant-killer Cheng, who had created quite a flutter by upstaging top seed Shixian Wang and seventh seed Xin Liu earlier in the tournament.The opening game was fought on even keel before Saina reeled off seven successive points to nose ahead.The 21-year-old Indian lost the momentum in the second game as Cheng drew level with more net winners than Saina’s.The third game was a closer affair but Cheng didn’t have a reply to Saina’s 11 smash winners, which sealed the game and the match for her.- With PTI inputslast_img read more

Position Vacant – Sport Operations Manager (NT)

first_imgAre you looking for a thrilling career in the sports industry?  Touch Football Australia (TFA) is seeking suitably qualified applicants for the position of Sport Operations Manager – Northern Territory, based in our Darwin branch office. To view the Position Description, please click on the attachment below.Applications for this opportunity close at 9.00am (AEDST) on Friday, 12 February 2016. For further information or to lodge your application for this career opportunity, please email [email protected] Filespd_sops_sport_ops_manager_updated_format_03-pdfRelated LinksPosition Vacantlast_img read more

a month agoAgent: Barcelona pushed hard to sign Man Utd defender Victor Lindelof

first_imgTagsTransfersAbout the authorPaul VegasShare the loveHave your say Agent: Barcelona pushed hard to sign Man Utd defender Victor Lindelofby Paul Vegasa month agoSend to a friendShare the loveBarcelona were keen on Manchester United defender Victor Lindelof this summer, says his agent.Lindelof’s agent – Hasan Cetinkaya – has claimed that Barcelona ‘s interest in his client intensified after Juventus won the race to sign Dutch starlet Matthijs de Ligt from Ajax. “Victor Nilsson Lindelöf was perhaps Manchester United’s best player last season and with that comes interest from clubs who are better on the pitch right now,” he told Sport Bladet after the Swede penned new terms last week. “When Mathijs De Ligt chose Juventus, Victor became Barcelonas first choice. His play style, his DNA is very close to the way Barcelona plays.”He’s one of the best center backs on his feet and Barcelona wanted him. That was it. I can talk openly about that now.”His agent claimed he attempted to push through a move to Spain but United were unwilling to sanction the deal.He added: “They contacted Ed Woodward multiples times with concrete offers. I met with their head of transfers Matt Judge to try and get a deal through.”But they said ‘There is no way. Victor is one of our best players’.” last_img read more

12 days agoItaly coach Mancini urges Everton striker Kean ‘to be more careful’

first_imgItaly coach Mancini urges Everton striker Kean ‘to be more careful’by Paul Vegas12 days agoSend to a friendShare the loveItaly coach Roberto Mancini has urged Everton striker Moise Kean to keep his cool during games.Mancini has commented on Kean’s recent red card after the Everton striker was sent off on U21 duty.The Blues star was in action against Republic of Ireland U21s on Thursday but saw his evening cut short after being dismissed for an altercation with Tottenham Hotspur’s Troy Parrott, who also saw red.”‘m sorry for yesterday’s expulsion,” Mancini told reporters on Friday.”He was also unlucky. But he is always involved, he must be more careful.” About the authorPaul VegasShare the loveHave your saylast_img read more

This Is The Greatest Sports Day Of The Year

Oct. 21, 1973Sun1 (WS Game 7)1235 NUMBER OF GAMES Oct. 30, 2016Sun1 (WS Game 5)1178 Nov. 1, 2010Mon1 (WS Game 5)133 Oct. 17, 1971Sun1 (WS Game 7)1236 Oct. 12, 1980Sun1 (NLCS Game 5)1348 Nov. 1, 2009Sun1 (WS Game 4)1274 Oct. 27, 1985Sun1 (WS Game 7)1315 Oct. 14, 1973Sun1 (WS Game 2)1235 Another sports equinox is in the booksDates on which all four major U.S. sports leagues (MLB, NBA, NFL and NHL) had at least one game Oct. 14, 1979Sun1 (WS Game 5)1337 With nine NHL games, three NBA games, an NFL game and an MLB playoff game — made possible by the Chicago Cubs’ victory in Game 4 of the NLCS on Wednesday — Thursday is your (first) sports equinox of 2017.What’s a sports equinox? As my former colleague Reuben Fischer-Baum wrote on a couple of occasions, it’s when all four major U.S. sports leagues — the NFL, NBA, NHL and MLB — play at least one game on the same day. Historically speaking, it doesn’t happen often. There have only been 17 sports equinoxes in history, including Thursday: Oct. 19, 1980Sun1 (WS Game 5)1336 DATEDAYMLBNFLNBANHL Oct. 15, 1978Sun1 (WS Game 5)1355 Oct. 15, 1972Sun1 (WS Game 2)1236 Oct. 22, 1972Sun1 (WS Game 7)1235 Nov. 2, 2009Mon1 (WS Game 5)153 Nov. 1, 2015Sun1 (WS Game 5)1275 Amazingly, there was a 15-year period without a single sports equinox, between 1985 and 2001. And after 2001, seven more years passed without it happening. But sports equinoxes have occurred much more frequently in recent years — six have happened in the nine years since 2008. They might become even more common in the future, thanks to Thursday-night NFL becoming a fixture, the World Series often running later than usual, and a new NBA scheduling policy this season that moved the season’s opening night up by a week and a half.If the Cubs can force Game 7 in the NLCS, Sunday will be another sports equinox. As will Oct. 29, if Game 5 of the World Series takes place. But even if those do happen, Thursday’s equinox will be the only one this season with the added bonus of college football — there are two FBS games tonight, including No. 25-ranked Memphis at Houston (A “Super Equinox”?). Good luck finding enough screens to watch it all! Oct. 19, 2017Thu1 (NLCS Game 5)139 Nov. 4, 2001Sun1 (WS Game 7)1374 read more