Source: Shutterstock While Securitas AB (publ) ( STO:SECU B ) might not be the most widely known stock at the moment, it received a lot of attention from a substantial price increase on the OM over the last few months. With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. However, could the stock still be trading at a relatively cheap price? Let’s take a look at Securitas’s outlook and value based on the most recent financial data to see if the opportunity still exists. Is Securitas Still Cheap? The share price seems sensible at the moment according to my price multiple model, where I compare the company’s price-to-earnings ratio to the industry average. In this instance, I’ve used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock’s cash flows. I find that Securitas’s ratio of 15.87x is trading slightly above its industry peers’ ratio of 15.3x, which means if you buy Securitas today, you’d be paying a relatively sensible price for it. And if you believe that Securitas should be trading at this level in the long run, then […]

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Science-based cooperation between legislators and industry will benefit consumers and the environment. In the 18 months since the EU’s ‘Fit for 55’ package of legislative updates to the Green Deal was passed, all sectors and industries have been hard at work to understand how they can best contribute to cutting their greenhouse gas emissions by 55% in time for 2030. In this space, the detergents industry has a role to play and is focusing on research and innovation to meet these targets. Evidence from Life Cycle Assessments (LCA) done by many industry leaders reveals that, on the European average, up to 60% of the carbon footprint from laundry occurs in people’s homes. This is largely due to the energy required to heat water to wash clothes. Lowering the washing temperature is a practical and effective step that society can take to significantly reduce emissions. Dialling down water temperature from 40°C to 30°C for each wash cycle will reduce emissions by up to 35%. If applied across Europe, this alone will reduce carbon emissions by 3.5 million tons of CO2 per year. The actions of households and consumer behaviour are key catalysts for this change. But they are only part […]

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Having trouble finding a Mutual Fund Equity Report fund? Kinetics Small Cap Opportunity No Load (KSCOX) is a possible starting point. KSCOX holds a Zacks Mutual Fund Rank of 3 (Hold), which is based on various forecasting factors like size, cost, and past performance. History of Fund/Manager Kinetics is based in Sleepy Hollow, NY, and is the manager of KSCOX. The Kinetics Small Cap Opportunity No Load made its debut in February of 2003 and KSCOX has managed to accumulate roughly $326.57 million in assets, as of the most recently available information. The fund’s current manager is a team of investment professionals. Performance Obviously, what investors are looking for in these funds is strong performance relative to their peers. This fund in particular has delivered a 5-year annualized total return of 20.93%, and is in the top third among its category peers. Investors who prefer analyzing shorter time frames should look at its 3-year annualized total return of 26.6%, which places it in the top third during this time-frame. When looking at a fund’s performance, it is also important to note the standard deviation of the returns. The lower the standard deviation, the less volatility the fund experiences. Over […]

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Petalite, an important mineral for obtaining lithium. Image credit: [rhj2017]@123rf.com Is Africa going to miss the industrial development opportunity to cultivate a battery energy storage hub? This was a question posed by TP Nchocho, CEO of the Industrial Development Corporation, during a Mining Indaba session on the path to zero-emissions mining through battery electric vehicles. On the first day of the Investing in Africa Mining Indaba, hosted at the CTICC in Cape Town, three panellists sat down to expand on the future of zero-emissions mining for battery electric vehicles (BEVs) in Africa and the role of critical minerals in the path to a just energy transition. Nchocho began by highlighting the massive opportunity for industrialisation that sits before Africa as the world moves towards a greener, circular economy. Roland Chavasse, the Secretary General of the International Lithium Association, echoed this sentiment, saying that “Africa, and indeed the world, is bursting with lithium resources” and that the time has come to capitalise on what is a “once-in-a-lifetime pivot” toward zero emissions development. Time to prioritise local value addition Given that Africa has vast lithium resources and the demand for battery electric vehicles is growing, panellists agreed that African political and […]

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JHVEPhoto One of the biggest mistakes for investors is to get caught up in market exuberance on a particular stock. This appears to have been the case with a number of big pharmaceutical names in 2022, as investors prized their cash rich and inflation resistant nature, and all the while bidding up their prices. This includes Amgen (NASDAQ: AMGN ), whose share price traded as high as $296 in recent months, before crashing down to its present level, as shown below. In this article, I highlight why this crash presents a good opportunity for value investors to layer into this moat-worthy stock. AMGN Stock (Seeking Alpha) Why AMGN? Amgen is one of the largest global biotech companies, after having been one of the pioneers in this space since 1980. It’s also a member of the prestigious Dow 30 companies, with expertise in inflammatory diseases, oncology, and biosimilars. As shown below, AMGN has demonstrated a rather strong and steady revenue growth trajectory over the past 10 years. YCharts AMGN recently closed a fourth quarter that looked lackluster on the surface. This includes total revenue growth of just 2%. This was driven by 9% product volume growth that was partially offset […]

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BOSTON, Feb. 7, 2023 /PRNewswire/ — Over the last 12 years, MassChallenge has supported over 4,000 startups that have raised well over $9B in funding. In 2022, we operated in 18 other countries across North America, Asia, Africa, Latin America, and Europe, where we empower local communities with entrepreneurship. Equity is at the center of the MassChallenge mission and model. We believe in a future in which those most proximate have equal opportunity to solve the problems they see in the world regardless of who they are, where they are from, or who they know. Continue Reading Equity is at the center of the MassChallenge mission and model. Tweet this Join MassChallenge for a panel discussion on Entrepreneurship and Racial Equity for early and mid-stage founders of color. Join MassChallenge for a panel discussion on Entrepreneurship and Racial Equity for early and mid-stage founders of color. People in BIPOC (Black, Indigenous, and people of color) communities still consistently face challenges when launching and running successful startups. Lack of funding, representation, and community continue to be barriers to creating an equitable entrepreneurial ecosystem. We’ve invited some amazingly innovative thought leaders, founders, and economic experts to tackle the most pressing barriers […]

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For the generation of children growing up today, advanced technology has been integrated into their lives since they were born. With 2020 YouGov statistics showing that 85% of six-year-olds have access to a tablet at home and, by age 17, only 4% of teenagers said that they don’t have access to a computer, it is no wonder young people have such advanced computer skills. But with these skills comes equally great responsibility: Will they be used for good? Worrying new statistics suggest they might not. What are Script Kiddies and How do They Differ From Traditional Hackers? It is important to make the distinction that not all script kiddies are children, despite what the name suggests. Rather, ‘script kiddies’ is the (derogatory) term given to relatively unskilled amateur hackers who exploit internet security weaknesses often for fun/personal gain. Owing to their ‘unskilled’ nature, they are particularly dangerous. But what makes them different from ‘regular’ hackers? Of course, ‘hacker’ is a broad and complex term, further categorized by intent. While ethical hackers legally seek vulnerabilities and perform exploits for good, there are skilled cybercriminals who work as hackers to illegally obtain data from outside networks. Whilst script kiddies align more […]

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IBM’s UK and Ireland channel lead is excited by the prospect of making a difference in the role and helping the vendor increase its partner business IBM is looking for significant channel growth, both in terms of partner numbers and the business generated by those that work with the vendor. Targets of doubling the channel base in three years and tripling new logos in a similar timeframe don’t seem to faze IBM’s recently installed vice-president of ecosystem UK and Ireland, Alison Say. She stepped into the role six months ago, moving from elsewhere within Big Blue. Her time at IBM spans 13 years in different roles, a lot of which have been partner facing, including running the ecosystem on the storage side of the business. Say said there are certain points in your career where you think, “That’s my job”, and this was one of them. “Ecosystem is kind of in my DNA … I’ve understood the value of the ecosystem from the get-go,” she said. “This is perfect for me … the jobs I’ve done before rounded out how I understand the company, so I was really excited to have the opportunity to do this job.” Say joined […]

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We’re all better off when we’re all better off. (Illustration by Stuart McReath) We suspect no one will ever look back on the 2020s as boring. This decade started with a tectonic reckoning sparked by a global pandemic that revealed the deep inequities in the United States. This was followed by the police murder of George Floyd, a tipping point that revitalized the racial justice movement. Meanwhile, in the same year, an unprecedented number of billion-dollar natural disasters (22) struck the United States, while climate change and political instability continued to wreak havoc worldwide. These events affected every part of society—including how Americans give. As a result, donors have been compelled to revisit and revise some long-standing practices that have kept philanthropy from delivering on its full promise to people and communities. Change efforts already underway in 2020 accelerated and spread. New questions and provocations pushed us all to reconsider the role of giving. While there had been a meaningful but relatively small movement toward equity in philanthropy, many more were convinced through the larger racial justice movement to consider equity—or the lack thereof—in every aspect of the sector. What’s Next for Philanthropy This article series, sponsored by the […]

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