Click here to claim your copy of this special investment report — and we’ll tell you the name of this Top Small-Cap Stock… free of charge! The high-calibre small-cap stock flying under the City’s radar Image source: Getty Images. Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. Adventurous investors like you won’t want to miss out on what could be a truly astonishing opportunity…You see, over the past three years, this AIM-listed company has been quietly powering ahead… rewarding its shareholders with generous share price growth thanks to a carefully orchestrated ‘buy and build’ strategy.And with a first-class management team at the helm, a proven, well-executed business model, plus market-leading positions in high-margin, niche products… our analysts believe there’s still plenty more potential growth in the pipeline.Here’s your chance to discover exactly what has got our Motley Fool UK investment team all hot-under-the-collar about this tiny £350+ million enterprise… inside a specially prepared free investment report.But here’s the really exciting part… right now, we believe many UK investors have quite simply never heard of this company before! 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. The spring stock market crash has produced some decent-looking cheap shares. But not all the best UK shares to buy now are giants in the FTSE 100. I like the look of many companies with smaller market capitalisations too, such as media and entertainment technology solutions provider Amino Technologies (LSE: AMO).This company looks well-placed in its marketsThe company offers products and services aimed at helping media companies deliver video and TV content. It does so via two operating units. Amino Communications provides TV-centric solutions. And 24i focuses on streaming and Over-The-Top (OTT) “experiences”.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…OTT means streaming services offered directly from the internet and ‘over’ cable, satellite and traditional broadcast platforms. As such, Amino Technologies is involved in the forefront of where the video market appears to be going.One of the things I admire about the company is its small net cash position of just over $2m. Indeed, there’s little debt on the balance sheet. And I reckon that’s a good platform to build growth upon. However, although today’s half-year results report reveals a 10% increase in revenue year-on-year, the shares are weak today.A possible reason for the share-price dip is that adjusted earnings per share fell by 21%. And the interim dividend is toast. Indeed, in the short term, the pandemic has presented the firm with challenges. But Amino Technologies is one of the many businesses that managed to mitigate the effects of the virus and keep trading through the crisis when the lockdowns hit economies.Driving higher-quality earningsIn January 2019, the company kicked off a programme aimed at improving the quality of earnings through a software-led strategy. And in the six-month period to 31 May, 26% of revenue came from software and services, up from 10% a year earlier. On top of that, the firm reckons it maintained margins in its devices business, helped by selling software to device customers. The directors reckon the strategy has delivered a “resilient” performance since the outbreak of Covid-19.Looking ahead, non-executive chair Karen Bach said in the report the directors think that “Amino has the right foundation to meet its goals”. And they expect the firm to “make further progress in the second half of the year”. Meanwhile, City analysts seem optimistic about an earnings bounce-back next year, and I’m encouraged by the top-line growth. To me, Amino Technologies is a well-financed growth candidate trading through the temporary set-back brought on by the pandemic. And the share price reflects the short-term difficulties. Indeed, the valuation looks modest with the forward-looking earnings multiple for the trading year to November 2021 running just below 11.I’m tempted to buy a few shares and hold for the long-term growth potential. But if you like the look of Amino Technologies, you may also warm to the attractions of Oxford Metrics. The company provides software for infrastructure asset management and motion measurement. I reckon the business has a bright future and the stock strikes me as another strong growth proposition suffering short-term challenges because of Covid-19. I reckon these really could be two of the best UK shares to buy now. Time will tell! Kevin Godbold owns shares in Oxford Metrics. 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. Best UK shares to buy now? I’d consider these 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. Kevin Godbold | Tuesday, 11th August, 2020 | More on: AMO Enter Your Email Address See all posts by Kevin Godbold
Google+ Guidelines for reopening of hospitality sector published By News Highland – February 21, 2011 Previous articleHauliers to take their protest to Leinster House in DublinNext articleTanaiste rejects Sinn Fein criticism on schools News Highland RELATED ARTICLESMORE FROM AUTHOR Facebook 448 new cases of Covid 19 reported today Pinterest WhatsApp 281 people in Donegal contacted the Irish Cancer Society’s Cancer Information Service in 2010 according to figures released by the society today.88 nights of care were provided in Donegal last year, at a cost of €30,800, while over €24,300 in financial aid was provided to people in the county in 2010.The figures were released to coincide with the launch of Daffodil Day, which takes place on the 25th of next month.Justin Mc Dermott is the Head of Fundraising in the North West – He’s appealing to people to volunteer for the day:[podcast]http://www.highlandradio.com/wp-content/uploads/2011/02/cancr5301.mp3[/podcast] WhatsApp Pinterest Twitter Calls for maternity restrictions to be lifted at LUH Three factors driving Donegal housing market – Robinson Irish Cancer Society’s Cancer Information Service release Donegal 2010 figures Google+ News NPHET ‘positive’ on easing restrictions – Donnelly Facebook Twitter Help sought in search for missing 27 year old in Letterkenny
IndianaLocalNews Suspect dead after officer-involved shooting in Starke County Facebook WhatsApp Twitter Twitter Previous articleBerrien County Sheriff’s deputy credited with rescuing woman from burning homeNext articleVideo uncovers alleged lies, new suspect in Lincoln Way West shooting, search underway Jon ZimneyJon Zimney is the News and Programming Director for News/Talk 95.3 Michiana’s News Channel and host of the Fries With That podcast. Follow him on Twitter @jzimney. WhatsApp (Jon Zimney/95.3 MNC) Indiana State Police are investigating an officer-involved shooting involving deputies with the Marshall County Sheriff’s Department.Just before midnight on Thursday, Dec. 31, a deputy with the Marshall County Sheriff’s Department saw a red Chevrolet pickup truck commit a moving violation on US 30 at Pioneer Road. When the deputy attempted to stop the Chevrolet, the Chevrolet fled from the deputy, who was in his fully marked police vehicle.Two officers with the Plymouth Police Department assisted with the pursuit as the pursuit went through Plymouth. The driver of the Chevrolet is alleged to have swerved at several police vehicles during the pursuit.The driver of the Chevrolet led pursuing officers into Starke County ultimately hitting stop sticks at the intersection of East CR 750 North and East South Avenue. The driver of the Chevrolet continued down a dead-end section of East South Avenue and turned around, driving toward the pursuing officers, and colliding with two Plymouth Police Department vehicles and a Marshall County Sheriff’s Department vehicle. As the officers got out of their vehicles, the driver of the Chevrolet allegedly drove toward the officers. Two deputies fired at the driver of the Chevrolet hitting him at least once.The driver of the Chevrolet was taken to Memorial Hospital in South Bend where he was later pronounced dead.At the conclusion of this investigation, all information will be turned over to the Starke County Prosecutor’s Office for review. By Jon Zimney – January 1, 2021 0 293 Google+ Pinterest Pinterest Google+ Facebook
IntroductionI’d like to start with an exercise. Who here has an iPhone with them?Take it out, turn it over and tell me what it says on the back. The writing’s minute so you’re going to need pretty good eyesight, but I can assure you that I’m not here to give you an eye test.It reads: “Designed by Apple in California. Assembled in China.”iPhones are just one example of the complex and integrated supply chains across the global economy, where design and build can take place across a range of countries, with each step along the way adding value to the final product.If you measure trade merely in gross terms as a single transaction based on the final price you are missing the point. If you do not understand the complexity and importance of global value chains you will fail to set the appropriate policy frameworks. It is part of the challenge we face in a rapidly changing world of trade.For example, we are in the middle of a revolution in e-commerce, and the digital economy is now a major part of global trade.This has changed the game for everyone, from the largest corporations, to the thousands of small companies who have never before been able to trade internationally.Services are now a larger part of the world economy than ever before. And regulation has not kept pace.The WTO estimates that while services comprise around two-thirds of global GDP and almost half of employment – and nearly half of world trade on a value-added basis – the barriers to trade in services are around as large as those in goods half a century ago.For the UK, as a services-orientated economy – and the world’s second largest services exporter – this clearly needs to change if we are to realise our potential as a truly Global Britain.If we are make the most of the opportunities for future global prosperity in front of us, it’s essential that we draw up a new set of rules governing key areas such as e-commerce and cross-border data flows, and tackle head-on the obstacles to digital trade such as data localisation. We need to redouble our efforts to promote an open, efficient and transparent trading environment.The dangers of protectionismSomewhat alarmingly, we appear to be moving in precisely the wrong direction.For the first time in decades, the system of free, fair, rules-based international trade which underpins our global prosperity is under attack.Ever since the financial crisis of 2008, G20 countries have been taking steps which limit market access.Tariff and non-tariff barriers have been thrown up as countries try to defend or support domestic industries.Economists rarely agree on anything, but there is a near-universal conclusion that protectionism of this nature only ever leads to a dead-weight loss.The consensus is clear: open and competitive markets are the most efficient vehicle for delivering the prosperity we all want.Tariffs are a nice euphemism, but in truth are simply a tax on imports – an impediment to that prosperity, with far-reaching consequences. Tariffs are taxes. You can’t like tariffs but hate taxes.Tariffs mean people at home pay more for the things they use every day, and the businesses that we rely on to drive our economy will pay more to manufacture products with components from overseas.Tariffs hold back growth, hitting the poorest among us hardest.And what is worse, broad-based protectionism provokes retaliation driving up costs further.Drawing on data from more than 150 countries, the IMF recently concluded that tariff increases had an overall negative impact, reducing productivity, income and welfare.This has led to higher unemployment, higher inequality, and, incidentally, negligible effects on the trade balance. These barriers have the potential to dampen export orders and reduce manufacturing output, causing lost growth and kindling inflation.Protectionism in historyThroughout history, attempts to protect domestic industries through tariff barriers – such as the Long Depression of the 1870s and the Great Depression of the 1930s – failed and failed miserably.In contrast, the reversal of these policies after the Second World War had the opposite effect.People talk about the moon landings or the climbing of Everest as the pinnacle of human achievement, but when you look at the broader benefit both pale in significance compared to the liberalisation of trade.For the impact this can have goes way beyond any story that GDP data can tell; it’s about something far, far more precious than that.A study by the IMF found that a change in the real income of the bottom 20% of the population in developing countries was strongly linked with a change in trade openness.In the past 25 years, trade has helped lift one billion of our fellow human beings out of abject poverty by creating jobs and raising incomes.As Francis Fukuyama put it in his latest book “Identity”, the percentage of children dying before their fifth birthday declined from 22% in 1960 to less than 5% by 2016.This unprecedented transformation in living standards has been made possible by the General Agreement on Tariffs and Trade, the World Trade Organisation, and our acceptance of a global rules based system driving one of the greatest of mankind’s achievements to date.Of course there are those who do not share this interpretation of events, who cannot channel their inner Adam Smith and who argue for intervention and protection.The infant industries fallacyIt is certainly the case that some countries have historically developed their industries while simultaneously having high tariff barriers.Some have argued that this is the way forward for industries which require protection from more established competitors.However, this is not the case. As the OECD has laid out, there is a clear link between Global Value Chain integration and economic transformation for developing economies.The boom in international trade since the Berlin Wall fell – growing at 8% a year – has seen developing economies as some of its biggest beneficiaries.Whereas in the past some nations may have used tariffs to protect infant industries in a world where production and value chains were principally within that country, this model no longer works.As we have seen with my iPhone example earlier, we now live in a world where complex global value chains that cut across national boundaries are an ever more important part of how we do business.The use of imported intermediate goods and services has become dramatically more important for global exports.It is estimated that such trade has doubled, with the value added of imports as a share of exports rising from 10% in 1990 to around 20% in 2015.Imposing tariffs and non-tariff barriers in this globalised world threatens to fragment these supply chains, often damaging the very industries they seek to protect.Trade statisticsA failure to understand the complexity of these global supply chains is also causing other problems.All too often, we hear about how a reduction of our trade deficit is an improvement and an increase a worsening. This is only half the story.The way the statistics are currently calculated does not capture the value added by each stage of the production process, nor the role of subsidiaries abroad.This has led several economists to argue that some notional trade balances – most notably between China and the United States – are very misleading.So, returning for the last time to the iPhone example: US import data will show an iPhone purchased in the US as an import at the retail cost, which is recorded as a trade deficit for the US, and a trade surplus for China.This does not reflect the fact that only a fraction of its value is added in China. Most of its value was added in California.And of course, Apple is a US company meaning much of the profit will ultimately end up there.The deficiencies in measurement tend to make the trade deficit of industrialised economies like the UK and the US – which excel at things like design and software coding, activities that not reflected in most trade metrics – appear larger than they are.Hal Varian, Google’s chief economist, has argued that the value of software in worldwide smartphone sales alone cuts the US trade deficit in half.WTO reformBut a free and open system also has to be a fair one. Free trade does not have to mean a ‘free for all’. Despite its many successes, the international trading system is clearly not perfect and we must do everything we can to ensure that rules are applied fairly, universally and transparently.We cannot tolerate illegal dumping or subsidy or the inability to determine whether a business is in the state or private sector.In any dispute, our first port of call has to be the World Trade Organisation – the home of the rules-based international trading system that underpins our prosperity. For all its faults, it represents the best hope of retaining a global consensus on how we operate our trading system.The United Kingdom will soon take its seat around the table as an independent member for the first time in over 40 years. It is an opportunity for us to help shape the global debate.Working alongside our allies, we are making the case to update the WTO rulebook to tackle underlying trade tensions, which include industrial subsidies, state-owned enterprises and forced technology transfer.We must encourage trust and transparency in the WTO by updating the dispute settlement system and improving members’ compliance with notification requirements.And we need to ensure that the system of special and differential treatment for developing countries is fit for purpose.Levelling the playing field involves carefully considering poorer countries’ individual needs, and ensuring that every country from the poorest developing nation to the world’s richest economies reap the benefits of a liberal but rules based system.ConclusionBritain is a great and historic trading nation, but we have never seen this trade simply as an end in itself. Trade is a means by which we are able to spread prosperity.That prosperity underpins social cohesion and that social cohesion, in turn, underpins political stability, which is the building block of our collective security.It is a win-win system.But this system cannot be taken for granted and those of us who genuinely believe in free trade and competition have a duty to recommit ourselves to the multilateral system with the WTO at its centre.Yes let us recognise its faults and weaknesses but let us act collectively to make it work for all members – large and small, rich and poor, for today and for tomorrow. As we prepare to leave the EU, the United Kingdom has a Department of state for International Trade, dedicated to helping businesses like the ones in this room export, driving inward and outward investment, negotiating market access and trade agreements, and championing the concept and benefits of free trade.It is why we have a network of Her Majesty’s Trade Commissioners, with the experience and autonomy to drive our trading performance in specific markets, from China to North America to Africa. You will hear from some of them later.However, this is not a mission Government can ever fulfil alone.Businesses – like the ones represented here today – have a crucial role to play.We want everyone who understands the vast opportunities that free trade represents, and the prosperity it brings, to help make this case.To be a voice, promoting the benefits of the global multilateral trading system – and making that case throughout the UK and internationally.We want you to make the case for international trade in practical terms – how it benefits your businesses, your communities and makes a real difference to people’s lives.It is this case that will win the battle against the siren voices of protectionism. We should not be by-standers in our future. We should set a firm course to shape the coming era. For Britain and the world.And we must success for the price of failure would be too high.Thank you.
In a past article published this spring, I pointed out that there are better alternatives when considering A/LM models for managing Interest Rate Risk (IRR) than the traditional Net Economic Value (NEV) model. In this, the final article on this subject, I will provide further discussion on the advantages Earnings at Risk (EAR) has over NEV as an effective method for measuring and managing IRR.First let’s review the four points I raised in my article last spring.Point 1:To assure examiners that a credit union is in compliance with IRR regulations, credit union managers need to be able to show that their credit union:Is using an independently validated IRR measurement systemHas management and a board that is trained in how their IRR model works and is using it effectivelyConsistently applies the IRR model in on-going operations and planningPoint 2:IRR has some basic concepts: (1) IRR is the risk to earnings and capital arising from movement in interest rates; (2) IRR arises from the difference between the timing of rate changes and the timing of cash flows; and (3) in credit unions, the primary issue driving IRR is their long-term loans or long-term investments.Point 3:NCUA regulations are clear – there is no one IRR model that should be used to meet IRR regulatory requirements. Indeed, there is more than one IRR measurement model that a credit union can use. Unfortunately, many examiners are steeped in the belief that proper IRR modeling should utilize NEV.Point 4:NEV has many weaknesses when used to measure IRR risk in credit union operations. NEV applies a present value calculation against future cash flows to: (1) discount the value of assets; (2) discount the value of liabilities; then (3) subtracts the value of liabilities from the value of assets to arrive at Net Economic Value. Conceptually, this is the liquidation value of a financial institution. NEV is an effective concept when used in some financial applications, but it is a poor measure of a credit union’s IRR. NEV requires: (1) maturities of assets and liabilities; (2) market prices of assets and liabilities; and (3) applicable discount rates to use when valuing assets and liabilities. We can easily see the shortcomings trying to apply NEV to a credit union: (1) there are no maturities in non-maturity deposits (so, many NEV models use an arbitrary number); (2) there is no market price for checking accounts or savings accounts (again, many NEV models guess); (3) there is no market where one can “purchase” a credit union’s core deposit accounts; so (4) there is no way to establish a discount rate where there is no market place. Since so much of NEV is based on estimations and guesses for establishing discount rates and market prices, NEV is not an effective model to determine a credit union’s exposure to IRR.Earnings at Risk is a better model for measuring and managing IRR A better IRR management model is based on Earnings at Risk (EAR). NEV (sometimes labeled as Value at Risk) calculates the “liquidation value” of the balance sheet to be applied in the event of the sale of an institution. EAR, on the other hand, calculates the “on-going concern” value of the income statement. EAR is an operational measure and is a far better IRR model for credit unions especially when compared to NEV.EAR does not rely on assumptions to the extent that NEV does and therefore has greater value for CEOs and CFOs who are trying to forecast the effects potential changes in interest rates will have on profitability and equity. Effective EAR models project cash flows and impacts on profitability using actual payments coming from individual loans and investments in a credit union’s balance sheet. Better EAR models also take into account additional factors that affect profitability such as fee income, maturing CDs and operating expenses. EAR A/LM models assure validity by holding constant assets and liabilities in a balance sheet so as to measure the actual IRR in the current balance sheet. Once the “base” IRR is established, an EAR model can also be used for multiple simulations where management can vary inputs and view the impacts each change or combination of changes has on IRR, income and equity. Simulations may include: (1) increasing or decreasing loans and/or investments; in combination with (2) increasing or decreasing deposits (specific types or general) including changing the mix of deposits. All these simulations can be run using different rates of interest under consideration for deposits, loans, and so forth.It is important to note, that all A/LM models should include the effects of interest rate “shocks” that measure the impact possible changes in interest rates will have on balance sheets and profitability. Efficacious models measure the impact of two distinct possible rate shock scenarios: (1) an immediate, extreme (typically 500 basis points) increase or decrease in rates; and (2) small but sustained changes in interest rates (sometimes referred to as Stepped Shocks).A/LM modeling policies should include acceptable limits to risk relating to IRR. It is of note that there are now a handful of A/LM modeling providers that can help set A/LM limits using stochastic methods which are far better than using arbitrary or traditional methods.Once examiners understand the weaknesses in NEV and the strengths in statistically-validated and tested EAR models, they almost always accept EAR as a better alternative for measuring and managing IRR. Furthermore, since EAR provides a model that boards, CEOs and CFOs can more effectively use in their risk management and planning processes, regulators frequently become advocates of EAR. 8SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Dennis Child Dennis Child is a 40 year veteran credit union CEO recently retired. He has been associated with TCT for 25 years. Today, Dennis enjoys providing solutions and training for credit … Web: tctconsult.com Details
The bathroom in the house at 306 Given Tce, Paddington, before the renovation. The back of the house at 306 Given Tce, Paddington, before the renovation. One of the bathrooms in the house at 306 Given Tce, Paddington, after the renovation.The end result is a five-bedroom, three-bathroom family home blending character with contemporary living.The gable and pitched roof line reflect a traditional bungalow facade, while inside the open-plan living areas are finished in polished concrete flooring, creative tiling and Blackbutt timber and black metal balustrading.Modern conveniences such as built-in bar fridges, a drinks cabinet and a Eurimex wood burner add special touches. He built a brand new home on the other lot, which became 308 Given Tce, and undertook a major renovation of the original home on 306 Given Tce.“We picked it up and moved the house across six metres, forward seven metres and up in the air one metre,” Mr Lilley said.“It fit beautifully on the new block and next door we built a really grand, modern executive home. “It’s very different in that it’s more contemporary and architectural.” A sunroom in the house at 306 Given Tce, Paddington, before the renovation. A sunroom in the house at 306 Given Tce, Paddington, after the renovation.Mr Lilley said he met the Mr Fletcher and other members of the extended family after the auction, stayed in touch during the building process and made sure they had the first inspection when it was finished.“They were delighted, which made us delighted as well,” he said.“When you’re doing this, you’re really trying to connect with the local community.”The original property was on an 878 sqm block of land comprising two lots over one title.Mr Lilley subdivided the lots and moved the existing house across to one of the lots, which became 306 Given Tce. MORE: Brisbane housing market “back on the map” One of the bedrooms in the house at 306 Given Tce, Paddington, before the renovation. The kitchen in the house at 306 Given Tce, Paddington, before the renovation. The back of the house at 306 Given Tce, Paddington, after the renovation.The property is being marketed by Ben Wakely and Ashley Horswill of Urban Property Agents – Paddington and is listed with a price guide of $2.415m+.RENO FACT CHECKTime taken: 12 monthsTotal spend: $1m to $1.5mEnd valuation: Upwards of $2.4m One of the bedrooms in the house at 306 Given Tce, Paddington, after the renovation.More from newsParks and wildlife the new lust-haves post coronavirus15 hours agoNoosa’s best beachfront penthouse is about to hit the market15 hours agoThe original house was built around 1913 and had only received some minor improvements in the decades since, so Lilleybuild and P&R Lee had a big job ahead of them.They started by putting in concrete floors and footings in the lower wall frames, then combined concrete and timber for the walls to create a blend of old and new.They used the existing timber frames in the original house for the upstairs floor, replaced the roof sheet metal and re-clad the entire exterior of the house using the same profile of camphor board. The living room in the house at 306 Given Tce, Paddington, after the renovation.Then it was time to fit out the interior.“We wanted to keep the character elements, but pitch to a market that’s contemporary,” Mr Lilley said.“In the original section of the house, we relined the interior with Gyprock and replaced the timber windows and doors in the same style.“In the new section, we used lots of concrete and steel — quite industrial looking steel — for the internal stairways and the balustrades.“It juxtaposed the distinction between the old and the new.” The dining area in the house at 306 Given Tce, Paddington, before the renovation. The front of the house at 306 Given Tce, Paddington, after the renovation.There’s also an impressive 7.2m void in the living zone and a cantilevered platform, which offers city views and could also be used as a home office, media room, or yoga space. The kitchen is decked out with Caesarstone White Attica stone, Miele appliances and a walk-through butler’s pantry. Outside, an entertaining terrace and swimming pool complete the picture. “The colour of it at certain times of the year was like a rainbow.”When his grandfather passed away at the age of 93 two years ago, Mr Fletcher knew it was time to sell the home.And little did he know the buyer had been living just across the street. The kitchen in the house at 306 Given Tce, Paddington, after the renovation. A close-up of the kitchen details.Mr Fletcher said the transformation was “unbelievable”.But what would his grandfather think of it if he was still alive?“I think my grandfather would be absolutely stunned,” Mr Fletcher said.“He’d probably want to know where his backyard went because it was a double block before, and he didn’t like swimming so having the pool probably would have been a hassle for him.“He was a man’s man, simple in his tastes, and he loved being outdoors, so the idea of suspended concrete flooring and four metre high ceilings probably wasn’t quite his style!“But I think he would have really liked the quality of everything.” The living room in the house at 306 Given Tce, Paddington, before the renovation. The dining area in the house at 306 Given Tce, Paddington, after the renovation.Local builder James Lilley of Lilleybuild and his business partner, P&R Lee, had admired the property for years before it went on the market.“We schemed to buy that house for a long time!” Mr Lilley said.“We built two homes across the road and lived there with our families.“Our families would walk past the property and often wave to the family that lived there.”When the property eventually went under the hammer in June last year, Mr Lilley said there were 60 people and 12 bidders at the auction.“And we were the successful bidders,” he said.“We had in mind that we’d always build two beautiful executive homes, all the while paying homage to the history of the family and the existing house itself.” The front of the house at 306 Given Tce, Paddington, before the renovation. Wayne Fletcher, whose family have owned this house in Paddington for 70 years, recently completed renovating it and is selling. Image: AAP/Richard Waugh.WAYNE Fletcher’s earliest memory of the home that’s been in his family for more than seven decades is getting in trouble for trampling on the flowers in the backyard.His grandparents loved tending to their dahlias on the property at 306 Given Terrace, Paddington, which has been transformed from a modest, three-bedroom worker’s cottage to three levels of luxury.”Half the backyard was covered in dahlias,” Mr Fletcher said. RELATED: Renovating a worker’s cottage
Lille inform Chelsea, PSG they’re ready to sell Thiago Mendesby Paul Vegas10 months agoSend to a friendShare the loveLille have informed Chelsea they’re prepared to sell Thiago Mendes next month.Last summer, Chelsea asked Lille to keep them informed of the Brazilian’s situation with the view to bringing him to England.RMC says Lille have told suitors they’re prepared to sell Thiago Mendes in January.Chelsea are in contact, along with Wolfsburg and Schalke 04.PSG are also interested in the midfielder, who they see as a replacement for contract rebel Adrien Rabiot. TagsTransfersAbout the authorPaul VegasShare the loveHave your say
AC Milan enquire about Fulham midfielder Johansenby Ansser Sadiq10 months agoSend to a friendShare the loveAC Milan are interested in signing Fulham midfielder Stefan Johansen.The 27-year-old was a key member of the team that won promotion under Slavisa Jokanovic last season.But the Norway skipper has only managed to start 4 Premier League games this term.The likes of Jean Michael Seri and Calum Chambers are ahead of him in the pecking order.Per Sky in Italy, Milan are looking to sign him this winter on a cut price deal – or on a free in the summer. TagsTransfersAbout the authorAnsser SadiqShare the loveHave your say
TORONTO — There was no winning ticket for the $12.5 million jackpot in Saturday night’s Lotto 649 draw.However, the guaranteed $1 million prize was claimed by a ticket holder in Ontario.The jackpot for the next Lotto 649 draw on May 15 will be approximately $15 million.The Canadian Press
SASKATOON – Fertilizer giant Nutrien Ltd. (TSX:NTR) says it plans to sell all of its holdings in Israel Chemicals Ltd. in a secondary share offering for an expected US$700 million.The sale comes as one of the requirements set out by global regulators for Potash Corp. and Agrium Inc. to merge to become Nutrien.Nutrien also needs to sell its shareholdings in Arab Potash Co. and Chile-based SQM within 18 months, and had to sell off some U.S. operations and convert its holdings in China-based Sinofert Holdings Ltd. to a passive investment before it closed the merger.The company secured U.S. approval for the deal in late December to clear the way for the company to start trading on Jan. 2 as Nutrien, since approvals from Canada, India, China, Brazil and Russia were already in place.The combined company, which has fertilizer mining operations in Canada and the U.S. as well as more than 1,500 farm retail centres globally, proposed the merger as a way to expand its combined reach and achieve $500 million a year in cost savings.Nutrien, now with about a $43-billion market capitalization, is headquartered in Saskatoon with corporate offices in Calgary.