Home Builder Developer - Interior Renovation and Design
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July 8, 2022 by
Mr HomeBuilder
Update: NIO stock price reversed the previous days gains to hit fresh three-week lows at $20.26 before recovering slightly to settle at $20.83. Despite the rebound, the shares of the Chinese Electric Vehicle (EV) makers lost 6.09% on the day. NIO stock price failed to benefit from the recent recovery seen in the broader Wall Street indices, as investors assess the latest positions churning by several institutional investors, which have recently bought and sold shares of NIO. Besides, the FOMC June meetings minutes came in hawkish, as it revealed central bankers growing anxiety over inflation and plans to adopt a restrictive policy stance in order to control inflation.
NYSE:NIO started the session well lower as the Chinese EV maker was down by as much as 5% during early morning trading. On Tuesday, shares of Nio managed to rise by 3.84% and closed the trading day at $22.18. It was a remarkable reversal for the stock which rallied alongside the broader markets into the closing bell. The Dow Jones was the lone losing index with a dip of 129 basis points, the S&P 500 inched higher by 0.16%, and the NASDAQ posted a 1.75% gain on the strength of mega-cap tech stocks.
Stay up to speed with hot stocks' news!
What had Nios stock trading lower out of the start? There are reports that cases of the novel coronavirus are once again surging in areas of China. Specifically, the Anhui Province which is where Nios main production facilities are in the city of Hefei. Nio has already had to deal with production shutdowns due to outbreaks in Shanghai, so another closure to its facilities could mean another potential weak quarter for deliveries. Still, investor concerns were short-lived as the stock managed to erase those losses by the closing bell.
Nio hit another milestone earlier this week as the company announced via its WeChat account that it has completed its 10 millionth battery swap. Its a notable milestone, especially on the heels of a short report from Grizzly Research that alleged that Nio is inflating its battery swap subscription figures which has a direct impact on its revenues and net income. Still, perhaps this is Nios way of silencing the short sellers, as the company continues to hit major milestones for its innovative technology.
Previous updates
Update: NIO stock settled at $20.83, down 6.13% on Wednesday, despite US indexes managing to post modest gains for a second consecutive day. The Dow Jones Industrial Average added 70 points, while the S&P 500 summed 0.36%. The Nasdaq Composite gained 39 points or 0.35%. The US Federal Reserve saved the day, as the FOMC Minutes were as hawkish as expected, but policymakers refrained from hinting at a 100 bps hike and from talking about a potential recession. However, the document showed thatofficials agreed high inflation warranted restrictive interest rates, and are open to be even more restrictive if inflation persists. Also, the majority of participants saw a downside risk to growth, while judging there was a significant risk higher inflation could become entrenched.
Update: Nio shares have shed 6.5% to trade at $20.73 one hour into Wednesday's session. This pessimism is odd, seeing as how the Nasdaq is primarily flat and new vehicle sales figures out of China leave little more to be desired. Figures from June 20 through June 26 show a Chinese vehicle market in rampage mode. Overall, the week saw industry-wide sales 33% higher than the same period one year ago. Electric vehices grew at a much higher pace however. Nio reported sales of 12,961 in June, which amounts to a 60% growth rate YoY. The only negative aspect was that Nio remains behind competitors Li Auto (LI) and Xpeng (XPEV), whichsold noticeably more units in June and grew sales at 69% and 133% YoY, respectively.
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NIO Stock News: Nio sheds over 6% despite the rebound - FXStreet
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July 8, 2022 by
Mr HomeBuilder
NXP Semiconductors N.V. (NASDAQ:NXPI) shareholders have seen the share price descend 20% over the month. But don't let that distract from the very nice return generated over three years. In fact, the company's share price bested the return of its market index in that time, posting a gain of 52%.
Although NXP Semiconductors has shed US$2.2b from its market cap this week, let's take a look at its longer term fundamental trends and see if they've driven returns.
View our latest analysis for NXP Semiconductors
To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.
During three years of share price growth, NXP Semiconductors achieved compound earnings per share growth of 6.6% per year. In comparison, the 15% per year gain in the share price outpaces the EPS growth. This indicates that the market is feeling more optimistic on the stock, after the last few years of progress. It is quite common to see investors become enamoured with a business, after a few years of solid progress.
The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).
We know that NXP Semiconductors has improved its bottom line lately, but is it going to grow revenue? This free report showing analyst revenue forecasts should help you figure out if the EPS growth can be sustained.
When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. We note that for NXP Semiconductors the TSR over the last 3 years was 58%, which is better than the share price return mentioned above. And there's no prize for guessing that the dividend payments largely explain the divergence!
While the broader market lost about 17% in the twelve months, NXP Semiconductors shareholders did even worse, losing 27% (even including dividends). However, it could simply be that the share price has been impacted by broader market jitters. It might be worth keeping an eye on the fundamentals, in case there's a good opportunity. Longer term investors wouldn't be so upset, since they would have made 7%, each year, over five years. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Take risks, for example - NXP Semiconductors has 3 warning signs we think you should be aware of.
For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an 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 account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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NXP Semiconductors (NASDAQ:NXPI) sheds 5.4% this week, as yearly returns fall more in line with earnings growth - Simply Wall St
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July 8, 2022 by
Mr HomeBuilder
The report on Global Sheds (Building) Market from 2022 to 2028 includes an introduction of global market dynamics. MarketandResearch.biz mission aims to provide clients with a realistic assessment of the company and assist them in creating strategic plans. To explore this data and make an accurate judgment on the overall market condition, situation analysis and other approaches are used to promote the installation of an optimal planning process for any company and provide information on the potential state and pattern of the Sheds (Building) industry.
The Sheds (Building) market is divided on the basis of product type:
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This is done by thoroughly examining their numerous products, industrial capacity, sales estimates, specializations, financial outlook, and pricing methods.
The market is segmented into
Firms and other clients wishing to join global or regional markets can rely on the research for the most up-to-date economic data and valuable insights.
The important actors in the Sheds (Building) report are listed below:
This study also assesses each regional locations brand recognition in revenue generation, environmental influences, purchasing power habits, pricing tactics, and supply situations.
This report is separated into several vital regions, including
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Contact UsMark StoneHead of Business DevelopmentPhone: 1-201-465-4211Email: sales@marketandresearch.biz
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Global Sheds (Building) Market 2022 Industry Insights and Major Players are Palram Applications, Grosfillex, Keter Plastic, Kybotech Designer Women -...
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July 8, 2022 by
Mr HomeBuilder
A small National Institutes of Health (NIH) study found the bodys immune response to COVID-19 may be involved with inflammation and damage to the brain, adding to a growing body of evidence that ties the disease to an increased risk of neurological damage.
NIH researchers from the National Institute of Neurological Disorders and Stroke (NINDS) examined brain tissue from nine people who suddenly died from COVID-19 between March and July 2020 the first wave of the pandemic, according to the study published in the journal Brain.
The patients, who were between the ages of 24 and 73, were selected because they showed signs of blood vessel damage in the brain. They were then compared with a control group for signs of inflammation and immune responses.
The study found evidence that antibodies produced by the immune system in response to the virus were involved in an attack on the cells lining the brains blood vessels, causing inflammation and damage, even though the disease was not directly found in the brain.
Patients often develop neurological complications with COVID-19, but the underlying pathophysiological process is not well understood, Dr. Avindra Nath, clinical director at NINDS and the senior author of the study, said in a release. We had previously shown blood vessel damage and inflammation in patients brains at autopsy, but we didnt understand the cause of the damage. I think in this paper weve gained important insight into the cascade of events.
Scientists have been working to uncover the mechanisms that cause issues like brain fog and fatigue that are among the symptoms tied to long COVID the designation given to symptoms that persist after initial infection.
Some studies found lasting neurological issues for survivors that persisted for more than a year, and others discovered connections between the disease and tissue damage in the brain related to smell.
The most recent research suggests the body may be mistakenly targeting endothelial cells in the blood-brain barrier that are crucial to keeping harmful invaders away from the brain. Damage to these cells could cause proteins to leak from the blood, ultimately increasing the risk of stroke, the researchers said.
The NINDS researchers found damage to these cells and evidence of blood proteins that normally do not cross the blood-brain barrier. Those protein clusters are typically caused when endothelial cells activate and release molecules that stick together, suggesting antibodies were the cause of the attack.
By building off past research that showed COVID-19 damaged the brain by causing thinning and leaky blood vessels, the new findings bolster the belief that the bodys natural immune response could be the source of damaging and dangerous inflammation.
Activation of the endothelial cells brings platelets that stick to the blood vessel walls, causing clots to form and leakage to occur. At the same time the tight junctions between the endothelial cells get disrupted causing them to leak, said Nath. Once leakage occurs, immune cells such as macrophages may come to repair the damage, setting up inflammation. This, in turn, causes damage to neurons.
The researchers believe the patients used in the study would have developed long COVID if they survived. They added the study sheds light on the underlying mechanism causing neurological damage and could better enable doctors to treat long-term symptoms.
It is quite possible that this same immune response persists in long COVID patients resulting in neuronal injury, added Nath, who noted that the findings could have very important therapeutic implications.
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Small study sheds light on how COVID-19 affects the brain - SILive.com
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July 8, 2022 by
Mr HomeBuilder
Four people were injured in a shed fire on the St. ClairCargill Salt plant's property Wednesday afternoon.
Rescue crews responded to a report of a fire at the plant at 916 Riverside Ave. at about 2:30 p.m., St. Clair Fire Chief Dave Westrick said.
When firefighters arrived, they found a welding shed on the plant's property covered in flames, Westrick said.
St. Clair Police Chief Tim Raker said four people were injured and transported to Ascension River District Hospital by personal car. One was treated and released, while three people were transported to Detroit hospitals by Tri-Hospital EMS.
The shed was a total loss. The fire was contained to only the shed, Westrick said.
The cause of the fire is under investigation.
The Marine City Fire Department andSt. Clair Police Departmentalso responded to the scene.
Cargill spokesperson Daniel Sullivan said the four people who were injuredwere contractors who are receiving treatment for their injuries.
The facility remains operational and the company expects to meet all its customer commitments, he said Thursday.
"We are grateful for the partnership of the local emergency medical and fire response teams," Sullivan said in an email."Our focus remains on the safety of our employees and contractors."
Contact Laura Fitzgerald at (810) 941-7072 or lfitzgeral@gannett.co
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Four people injured in shed fire at Cargill Salt plant Wednesday - The Times Herald
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July 8, 2022 by
Mr HomeBuilder
While it may not be enough for some shareholders, we think it is good to see the Par Pacific Holdings, Inc. (NYSE:PARR) share price up 14% in a single quarter. But that cannot eclipse the less-than-impressive returns over the last three years. After all, the share price is down 30% in the last three years, significantly under-performing the market.
After losing 8.2% this past week, it's worth investigating the company's fundamentals to see what we can infer from past performance.
View our latest analysis for Par Pacific Holdings
Par Pacific Holdings isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. When a company doesn't make profits, we'd generally expect to see good revenue growth. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit.
Over the last three years, Par Pacific Holdings' revenue dropped 2.9% per year. That is not a good result. The stock has disappointed holders over the last three years, falling 9%, annualized. And with no profits, and weak revenue, are you surprised? However, in this kind of situation you can sometimes find opportunity, where sentiment is negative but the company is actually making good progress.
You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image).
We like that insiders have been buying shares in the last twelve months. Even so, future earnings will be far more important to whether current shareholders make money. You can see what analysts are predicting for Par Pacific Holdings in this interactive graph of future profit estimates.
While it's never nice to take a loss, Par Pacific Holdings shareholders can take comfort that their trailing twelve month loss of 4.3% wasn't as bad as the market loss of around 17%. Given the total loss of 3% per year over five years, it seems returns have deteriorated in the last twelve months. While some investors do well specializing in buying companies that are struggling (but nonetheless undervalued), don't forget that Buffett said that 'turnarounds seldom turn'. It's always interesting to track share price performance over the longer term. But to understand Par Pacific Holdings better, we need to consider many other factors. For instance, we've identified 2 warning signs for Par Pacific Holdings that you should be aware of.
Par Pacific Holdings is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an 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 account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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Investors three-year losses grow to 30% as the stock sheds US$81m this past week - Simply Wall St
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July 8, 2022 by
Mr HomeBuilder
Analog Devices, Inc. (NASDAQ:ADI) shareholders have seen the share price descend 14% over the month. But that doesn't change the fact that the returns over the last five years have been respectable. After all, the stock has performed better than the market (70%) in that time, and is up 82%.
While the stock has fallen 5.1% this week, it's worth focusing on the longer term and seeing if the stocks historical returns have been driven by the underlying fundamentals.
See our latest analysis for Analog Devices
While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
During five years of share price growth, Analog Devices achieved compound earnings per share (EPS) growth of 3.6% per year. This EPS growth is slower than the share price growth of 13% per year, over the same period. This suggests that market participants hold the company in higher regard, these days. That's not necessarily surprising considering the five-year track record of earnings growth. This optimism is visible in its fairly high P/E ratio of 45.23.
You can see below how EPS has changed over time (discover the exact values by clicking on the image).
We like that insiders have been buying shares in the last twelve months. Even so, future earnings will be far more important to whether current shareholders make money. Dive deeper into the earnings by checking this interactive graph of Analog Devices' earnings, revenue and cash flow.
As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. We note that for Analog Devices the TSR over the last 5 years was 100%, which is better than the share price return mentioned above. And there's no prize for guessing that the dividend payments largely explain the divergence!
Although it hurts that Analog Devices returned a loss of 15% in the last twelve months, the broader market was actually worse, returning a loss of 18%. Longer term investors wouldn't be so upset, since they would have made 15%, each year, over five years. In the best case scenario the last year is just a temporary blip on the journey to a brighter future. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. For instance, we've identified 4 warning signs for Analog Devices that you should be aware of.
Analog Devices is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an 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 account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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Analog Devices (NASDAQ:ADI) sheds 5.1% this week, as yearly returns fall more in line with earnings growth - Simply Wall St
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July 8, 2022 by
Mr HomeBuilder
A severely overweight dad who would break beds, sofas and chairs just by sitting on them has shed more than half his body weight. Dave Winchester used to weigh in at 27 stone - and would sometimes be abused by strangers as he walked down the street.
But now the 36-year-old has been crowned Slimming World's Man of the Year after losing 14 stone. He was spurred on when told his father-in-law's dying wish was for him to get healthy.
Data analyst Dave rarely used to leave the house and struggled to find any clothes to fit him. He also struggled to drive when his belly got stuck on the steering wheel.
READ MORE: These inspirational slimmers lost 63 stone - and this is how
Having wanted to lose weight for years, Dave - who lives with wife Susie, 35, seven-year-old daughter Heidi and four-year-old Freddie - could not find a method that worked. He said: I knew I had a problem, but it wasnt until the wake when my mother-in-law told me her husbands dying wish was for me to join Slimming World that I decided to do something about it.
Hed been a member of the local Baptist church and had seen the posters for a Slimming World group that was held there. I knew he wanted the best for his daughter and grandchildren, so I decided to try and tackle my weight once and for all.
Dave Winchester before his weight loss ( Slimming World/Field Photographic/SWNS)
At first, he was worried he would be the only man and joined just for the online sessions. He said he was doing well until the pandemic hit when he found bad habits creeping back.
So, when in October 2021 Slimming World opened back up again, he decided to join his local group in Ashford. He said: I felt nervous because I had this perception that the group would be really cliquey and full of women and I worried Id be made to feel even more ashamed for being so overweight than I already was.
It was nothing like that at all so, so much better than I imagined. I wasnt the only guy there and everyone I met was so warm and supportive, plus we all had one thing in common we all wanted to lose weight.
Dave Winchester before his weight loss ( Slimming World/Field Photographic/SWNS)
Men often think that Slimming World is just for women but research shows that men tend to lose more weight than women, as well as boosting their physical and mental health and having more sex. There are 40,000 men that attend Slimming World sessions each week and 92 percent said they would recommend it to a friend or colleague.
Mr Winchester said: What I loved about Slimming World was that I could still eat big, hearty portions so I never felt hungry. Ive tried every diet you can think of. Soups, juices, calorie counting... they all worked for a while but Id inevitably end up hungry and reaching for the nearest quick fix, usually crisps chocolate or the takeaway menu.
So with Slimming World it was amazing to me that I could lose weight and still have a full English and steak and chips.
He said however that by far the biggest benefit of losing weight has been the impact on his family life, adding: I finally feel like the dad I always wanted to be. Heidi and I went to Park Run together recently and she absolutely loved it. Theres no way I could have done something like that with her before I lost weight. I barely had any energy to play with her at all.
I hope that her grandfather is proud of how far we have come as a family. Were all active, happy and healthy and I think thats the life he wanted for us.
Dave Winchester after his weight loss ( Slimming World/Field Photographic/SWNS)
VITAL STATS:
Name: Dave Winchester
Age: 36
Height: 5ft 11in
Starting weight: 27st 1lb
Current weight: 12st 6.5lbs
Weight loss: 14st 8.5lbs
Waist size before: 48
Waist size now: 32
Date joined Slimming World: June 2018
Before menu
Breakfast: Double sausage and egg muffin, hash brown, latte
Lunch: Two 12 sausage baguettes, grab bag of crisps, chocolate
Snack: Chocolate, sweets, crisps
Dinner: Pizza, chips, nuggets
Snacks: Fizzy pop, cans of cider, Cornish pasty, microwave burger
After menu
Breakfast: A full English with grilled bacon, Slimming World sausages, mushrooms, tomatoes and eggs fried in a pan sprayed with low-calorie cooking spray
Lunch: A lunch bowl made of flavoured couscous, onion, pepper, sweetcorn and beetroot served with tuna or beef
Dinner: A homemade meal such as slow-cooked chilli con carne served with brown rice
Snack: Slimming World Hi-Fi bar, packet of low-fat crisps
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27-stone dad who broke beds, sofas and chairs sheds half his body weight - Staffordshire Live
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July 8, 2022 by
Mr HomeBuilder
Investors can approximate the average market return by buying an index fund. When you buy individual stocks, you can make higher profits, but you also face the risk of under-performance. For example, the Hoffmann Green Cement Technologies Socit anonyme (EPA:ALHGR) share price is down 48% in the last year. That's well below the market decline of 10%. Because Hoffmann Green Cement Technologies Socit anonyme hasn't been listed for many years, the market is still learning about how the business performs. The falls have accelerated recently, with the share price down 23% in the last three months. Of course, this share price action may well have been influenced by the 11% decline in the broader market, throughout the period.
With the stock having lost 12% in the past week, it's worth taking a look at business performance and seeing if there's any red flags.
View our latest analysis for Hoffmann Green Cement Technologies Socit anonyme
Hoffmann Green Cement Technologies Socit anonyme wasn't profitable in the last twelve months, it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. Shareholders of unprofitable companies usually expect strong revenue growth. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit.
In the last year Hoffmann Green Cement Technologies Socit anonyme saw its revenue grow by 372%. That's a strong result which is better than most other loss making companies. Given the revenue growth, the share price drop of 48% seems quite harsh. Our sympathies to shareholders who are now underwater. On the bright side, if this company is moving profits in the right direction, top-line growth like that could be an opportunity. Our monkey brains haven't evolved to think exponentially, so humans do tend to underestimate companies that have exponential growth.
The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers).
Take a more thorough look at Hoffmann Green Cement Technologies Socit anonyme's financial health with this free report on its balance sheet.
Hoffmann Green Cement Technologies Socit anonyme shareholders are down 48% for the year, even worse than the market loss of 10%. There's no doubt that's a disappointment, but the stock may well have fared better in a stronger market. The share price decline has continued throughout the most recent three months, down 23%, suggesting an absence of enthusiasm from investors. Given the relatively short history of this stock, we'd remain pretty wary until we see some strong business performance. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. For instance, we've identified 4 warning signs for Hoffmann Green Cement Technologies Socit anonyme that you should be aware of.
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on FR exchanges.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an 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 account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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Investors one-year losses grow to 48% as the stock sheds 26m this past week - Simply Wall St
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July 8, 2022 by
Mr HomeBuilder
India all-rounder Hardik Pandya said on Friday, July 8 that the senior national team has been making a conscious effort to be more proactive and express themselves more when batting in T20I cricket. Hardik said it's good to see batters going out there and looking to take the attack to the opposition bowlers from the word go.
Hardik Pandya said he was delighted to see the renewed approach in the first T20I against England in Southampton where India scored 198 before bowling the opposition out for 148 and taking a 1-0 lead in the 3-match series. The Baroda all-rounder led the show from the front, hitting a six and 6 boundaries for his 33-ball 51.
Hardik Pandya got going from the time he walked into the middle even as India lost wickets in frequent intervals. Hardik, who walked in at No. 5, did not go for a lot of aerial shots but found gaps with precision after a solid platform laid by captain Rohit Sharma who hit 24 in just 14 balls and cameos from Deepak Hooda (17-ball 33) and Suryakumar Yadav (19-ball 39).
India posted 66 in the powerplay and never let the momentum dip as the likes of Hooda, Suryakumar and Hardik belted the England bowlers across all parts of the park.
"It's a conscious effort by everyone that we will be making sure we will be expressing ourselves, go out there and enjoy. it's a good sign for Indian cricket because whenever a wicket fell, not just me, whoever went out to bat, they have gone from the second ball if it's there. I think in T20 cricket, this will help the team a lot," Hardik told Ishan Kishan in a chat for BCCI.
"There will be days when we lose 5 wickets for nothing with this approach but, more often than not, it will get us those extra 10-15 runs that we have been speaking in the dressing room," he added.
Hardik said he has bettered his art of playing risk-free cricket after having batted higher up the order for Gujarat Titans in his maiden stint as captain in the Indian Premier League. The Baroda all-rounder, who is known for his big six-hitting ability, said he is enjoying hitting boundaries more.
"When I went out to bat, I wanted to play risk-free cricket. I knew that wickets had fallen. If they hadn't fallen, I would have gone for more sixes and more shots. I knew that the pitch was good and having batted higher up the order in the IPL, I am getting a feel of the gaps better, understand which shots will hit the gaps," Hardik said.
"I am getting a bit more joy hitting fours as I have been hitting sixes all through my life. This is personally making me feel a bit happier," he added.
Notably, India have been trying to be more proactive, especially in the middle-overs after the early exit at T20 World Cup 2021 wherein they struggled with the scoring rate against Pakistan and New Zealand.
Captain Rohit Sharma also shed light on India's changing approach, saying it's important that every batter buys into it.
"You got to make use of those six overs in the powerplay. There is a certain approach we want to take in the powerplay. You got to back yourself in this game, sometimes it comes off, sometimes it doesn't. The whole batting unit needs to understand the direction the team is taking and the guys were spot on today," Rohit said after the win in Southampton.
Also Read: India should send their B team to win T20 World Cup: Graeme Swann
Also Read: India finding aggressive approach they lacked in T20 World Cup: Eoin Morgan
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Hardik Pandya sheds light on India's new T20I approach: Players making conscious effort to express themselves - India Today
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