Cash flow http://www.vivenavalmoral.com/ Sun, 12 Sep 2021 01:42:09 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 Overcoming the Cash Flow Challenge – Finance & Banking http://www.vivenavalmoral.com/2021/09/07/overcoming-the-cash-flow-challenge-finance-banking/ Tue, 07 Sep 2021 10:25:49 +0000 http://www.vivenavalmoral.com/2021/09/07/overcoming-the-cash-flow-challenge-finance-banking/ South Africa: Meeting the cash flow challenge September 07, 2021 SNG Grant Thornton To print this article, simply register or connect to Mondaq.com. The advent of the COVID 19 pandemic has posed many challenges to an already complex global business world and has reinforced the idea that companies must “adapt”. The growing need for businesses […]]]>

South Africa: Meeting the cash flow challenge

To print this article, simply register or connect to Mondaq.com.

The advent of the COVID 19 pandemic has posed many challenges to an already complex global business world and has reinforced the idea that companies must “adapt”. The growing need for businesses to operate efficiently and be agile has never been greater.

Unfortunately, most companies have resorted to reducing their payroll by laying off staff to overcome the crisis. While this can be seen as an ideal cost-cutting measure, it doesn’t necessarily always translate into immediate savings (due to layoff costs) or better performance in the future.

This default cost-saving measure of “downsizing” in most cases could be a way to cover up the loopholes, as the real problems never really get solved. Here are some typical challenges that businesses are currently facing:

  • Obsolete business models that are no longer relevant to the emerging dominant environment,
  • Unsuitable and complex business processes,
  • Inability to innovate
  • Inflated overheads and
  • Therefore, the cash flow challenges

The result of all these problems can be summed up as follows:

  1. Inability to accurately allocate costs to products and services or determine the true cost of a product and service that a company provides to the market, resulting in inaccurate pricing,
  2. Inability to identify which solutions / products and which customers are the most profitable.

As a result, strategic decisions made by management are sometimes based on inaccurate information as companies attempt to contain unrealistic overhead costs due to inefficient operation.

Progressive companies are reviewing all of their operating models and cost structures. An example of a solution provided by the Covid-19 pandemic that some companies have adopted is the dynamic of working from home. Before the pandemic, working from home was mostly associated with senior executives or employees in the fintech and tech industries. Despite working from home, some employers appreciated increased productivity levels in some cases, which led them to rethink the traditional model of occupying large offices and adopt a leaner approach that would require only a small staff. in the office.

Adopting technology is essential to eliminate costs as a barrier to entry, fixed costs become less expensive, for example 3D printing makes component printing much cheaper, using digital technology can cost a fraction of previous manual costs, in our company we have moved to an electronic board pack for our clients’ board meetings which is recorded in the cloud, this has significantly reduced the cost of printing, binding and employee time.

Improved financial performance could be achieved by using advanced analytics to quantify, benchmark and optimize cost savings. Our model will give you greater control over your business performance, giving you the ability to make more informed decisions.

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Originally published March 17, 2021.

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

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“Marriott (MAR) remains a strong free cash flow business” http://www.vivenavalmoral.com/2021/08/31/marriott-mar-remains-a-strong-free-cash-flow-business/ Tue, 31 Aug 2021 16:43:18 +0000 http://www.vivenavalmoral.com/2021/08/31/marriott-mar-remains-a-strong-free-cash-flow-business/ Baron Funds, an asset management company, has released its second quarter 2021 Baron Growth Fund letter to investors – a copy of which can be downloaded here. A quarterly return of 7.80% was generated by the fund’s institutional stocks for the second quarter of 2021, outperforming its main benchmark, the Russell 2000 Growth Index, which […]]]>

Baron Funds, an asset management company, has released its second quarter 2021 Baron Growth Fund letter to investors – a copy of which can be downloaded here. A quarterly return of 7.80% was generated by the fund’s institutional stocks for the second quarter of 2021, outperforming its main benchmark, the Russell 2000 Growth Index, which reached 4.88%, but below the S&P 500 index which returned 8.55% for the same period. You can check out the top 5 holdings of the fund to get an idea of ​​their top bets for 2021.

In Baron Funds’ Q2 2021 letter to investors, the fund mentioned Marriott International, Inc. (NASDAQ: MAR) and discussed its position on the company. Marriott International, Inc. is a Bethesda, MD-based timeshare accommodation and vacation operator with a market cap of $ 43.9 billion. MAR has returned 2.27% year-to-date, while its 12-month returns are up 30.88%. The stock closed at $ 135.10 per share on August 30, 2021.

Here’s what Baron Funds has to say about Marriott International, Inc. in its Q2 2021 letter to investors:

Marriott Vacations Worldwide Corp., a timeshare developer and seller, affected investor concerns over the impact of the Delta variant of COVID-19 on leisure travel during the quarter. Equities also came under pressure from the possibility of rising mortgage rates. While both developments are short-term concerns, Marriott Vacations has seen no impact from either as its business is recovering quickly and the securitization market is at its best. Marriott Vacations remains a strong free cash flow business. “

becky-phan-n7kVILbNnNU-unsplash

Based on our calculations, Marriott International, Inc. (NASDAQ: MAR) was unable to land a spot on our list of the 30 most popular stocks among hedge funds. MAR was in 49 hedge fund portfolios at the end of the first half of 2021, compared to 58 funds in the previous quarter. Marriott International, Inc. (NASDAQ: MAR) generated a return of -6.76% in the past 3 months.

The reputation of hedge funds as savvy investors has been tarnished over the past decade, as their hedged returns could not keep up with the unhedged returns of stock indices. Our research has shown that small cap hedge fund stock selection managed to beat the market by double digits every year between 1999 and 2016, but the margin for outperformance has shrunk in recent years. Nonetheless, we were still able to identify in advance a select group of hedge funds that have outperformed S&P 500 ETFs by 115 percentage points since March 2017 (see details here). We were also able to identify in advance a select group of hedge funds that underperformed the market by 10 percentage points per year between 2006 and 2017. Interestingly, the margin of underperformance of these stocks has increased in recent years. Investors who are long in the market and short on these stocks would have reported more than 27% per year between 2015 and 2017. We have been tracking and sharing the list of these stocks since February 2017 in our quarterly newsletter.

At Insider Monkey, we scour multiple sources to uncover the next big investing idea. For example, the Federal Reserve has created trillions of dollars electronically to keep interest rates close to zero. We believe this will lead to inflation and raise house prices. So we recommended this real estate to our monthly subscribers to our premium newsletter. We go through lists like the top 10 electric vehicle stocks to pick the next Tesla that will deliver 10x yield. Even though we only recommend positions in a tiny fraction of the companies we analyze, we check as many stocks as possible. We read letters from hedge fund investors and listen to equity pitches at hedge fund conferences. You can sign up for our free daily newsletter on our homepage.

Disclosure: none. This article originally appeared on Insider Monkey.


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Advanced Micro Devices Additions To Free Cash Flow Will Push It Much Higher http://www.vivenavalmoral.com/2021/08/26/advanced-micro-devices-additions-to-free-cash-flow-will-push-it-much-higher/ Thu, 26 Aug 2021 16:43:08 +0000 http://www.vivenavalmoral.com/2021/08/26/advanced-micro-devices-additions-to-free-cash-flow-will-push-it-much-higher/ InvestorPlace – Stock News, Stock Tips & Trading Tips Advanced micro-systems (NASDAQ:AMD) produced stellar second quarter profits on July 27 and now looks set to profit from its hugely profitable semiconductor manufacturing operations. In addition, AMD has started to generate significant Free Cash Flow (FCF) at very high FCF margins. Source: Joseph GTK / Shutterstock.com […]]]>

InvestorPlace – Stock News, Stock Tips & Trading Tips

Advanced micro-systems (NASDAQ:AMD) produced stellar second quarter profits on July 27 and now looks set to profit from its hugely profitable semiconductor manufacturing operations. In addition, AMD has started to generate significant Free Cash Flow (FCF) at very high FCF margins.

Source: Joseph GTK / Shutterstock.com

I suspect this will push AMD’s stock at least 31% higher, based on my estimates for next year. This article will describe how this model works.

Meanwhile, AMD stock is already starting to rise. It is up about 17% since the start of the year. In fact, over the past year it has increased by almost 25%. My point is that the stock is likely to move in much the same way over the next year or so.

Where that leaves AMD over the next year

The reason for the rise in AMD Stock is that AMD is producing huge levels of FCF from its existing customers. In addition, its FCF margins are very high and appear to be sustainable.

For example, last quarter, their IT & Graphics segment revenue grew 65% year-over-year (YoY) and quarterly it grew 7%. It represents 58.4% of its total sales of $ 3.85 billion in the second quarter. This implies that over the next year, its sales could grow by 31% over the next year.

However, analysts are now forecasting growth of just 15.8% to $ 18.06 billion for 2022 from $ 15.6 billion for 2021. I suspect its revenue will likely increase by at least 20% (mostly on the 28% QoQ growth rate basis). This brings his sales forecast to $ 18.72 billion.

We can now estimate his FCF for next year. The best way to do this is to use your existing FCF margin for the second quarter and apply it to the sales forecast for the year 2022.

AMD is actually one of the few tech companies to specifically list its FCF on a quarterly basis. This is great because it allows us to easily follow his FCF. And as you know, FCF is what many tech companies now use to measure their ultimate profitability.

The reason is that the FCF is what companies use to pay dividends, buybacks, acquisitions, debt reduction, and cash increases. And remember that this FCF is after all expenses, working capital, and investment needs have been taken care of, leaving it “free” to use the cash flow for these other purposes.

What is the value of AMD stock

In the last quarter, AMD made $ 888 million in FCF, as explained by AMD on page 2 of its second quarter earnings release. Given that its second quarter revenue was $ 385 billion, that means FCF’s margin was 23% (i.e. $ 888 million / $ 3,850 million). This means that for every dollar of sales, 23% of pennies go directly to the net result in FCF.

Thus, the application of this margin of 23% compared to my 2022 sales forecasts (18.72 billion dollars) implies that its FCF 2022 will reach 4.3 billion dollars. This will allow us to promote the AMD share.

For example, AMD currently has an FCF yield of 2.7%. Here is how we represent it. Using its $ 888 million in Q2 FCF, we can estimate that its 2021 FCF will be 23% of the $ 15.6 billion in forecast sales. That involves FCF’s $ 3.588 billion, which is 2.73% of its $ 131.365 billion market cap, according to Yahoo! Finance. This means that we can use a return of 2.73% FCF to estimate its future market capitalization from the 2022 forecast.

Since its 2022 FCF is expected to be $ 4.3 billion, if we divide that number by 2.73% (i.e. $ 4.3 billion / 0.0273), the target market cap will be $ 157.5 billion. This is 20% more than the current market value of $ 131.365 billion.

However, I suspect that AMD stock will benefit from a higher valuation with the increase in FCF. I think his FCF yield will improve to 2.50%. Therefore, its projected valuation will be $ 172 billion (i.e. $ 4.3 billion / 0.025), which is 30.9% more than today’s price.

This means that AMD stock is worth $ 141.76 per share, or 30.9% from today’s (August 25) price of $ 108.30 per share.

What to do with AMD stocks

The company is also repurchasing shares as part of its new $ 4 billion share buyback program. He uses his FCF to pay for this. In the last quarter, it repurchased $ 256 million of shares. It will also help AMD’s stock to increase.

For one thing, on an annualized basis, this equates to $ 1.024 billion in buybacks. As a percentage of its market value of $ 131.4 billion, this represents about 0.77% (that is, less than 1.0%) of its market. So he clearly has more room to develop his buyback program, but it’s a good start.

I think the company’s revenue, its free cash flow generation and margins, as well as its buyouts, add up to a potentially 31% higher share price. That would put it at $ 141.76 per share, which is 31% more than today’s price.

As of the publication date, Mark R. Hake does not hold any position in any of the stocks mentioned in the article. The opinions expressed in this article are those of the author, subject to the publication guidelines of InvestorPlace.com.

Mark Hake writes about personal finance on mrhake.medium.com and run the Total Value of Return Guide which you can consult here.

The post Advanced Micro Devices’ Additions to Free Cash Flow Will Push It Much Higher appeared first on InvestorPlace.

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


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The cash flow management market will witness revolutionary growth http://www.vivenavalmoral.com/2021/08/20/the-cash-flow-management-market-will-witness-revolutionary-growth/ Fri, 20 Aug 2021 22:55:00 +0000 http://www.vivenavalmoral.com/2021/08/20/the-cash-flow-management-market-will-witness-revolutionary-growth/ Cash flow management Recently published, the Global Cash Flow Management Market Research Study, provides a detailed overview of the factors influencing the global scope of business. The Cash Flow Management market research report presents the latest market information, analysis of the current situation with upcoming trends and breakdown of products and services. The report provides […]]]>

Cash flow management

Recently published, the Global Cash Flow Management Market Research Study, provides a detailed overview of the factors influencing the global scope of business. The Cash Flow Management market research report presents the latest market information, analysis of the current situation with upcoming trends and breakdown of products and services. The report provides key statistics on market condition, size, share, growth factors of Cash Flow Management. The study covers data of emerging players including: competitive landscape, sales, revenue and global market share of major manufacturers are: Intuit (US), Xero (New Zealand), Anaplan (US) USA), Sage (UK), Float (UK), Planguru (USA), Dryrun (Canada), Caflou (Czech Republic), Pulse (USA), Cash Analytics (Ireland)

Free sample report + all related charts and graphs @: https://www.advancemarketanalytics.com/sample-report/153300-global-cash-flow-management-market

Definition and brief overview of cash flow management:
Cash flow is the virtual movement of money or in other words, it is the payment from one bank to another. Cash flow management is the monitoring of the company’s cash inflows and outflows. It predicts how much money will be available for businesses in the future. It also identifies how much the business needs to cover debts, such as paying staff and vendors. Therefore, it helps to solve problems and prepare for the future. In addition, by improving cash flow, debt levels can be reduced. The cash management service or solutions are used by industries such as IT, banking, construction, real estate and others.

AMA analysts conducted a special survey and connected with thought leaders and industry experts from various regions to thoroughly understand the impact on growth as well as local reforms to tackle the problem. situation. A special chapter of the study presents the analysis of the impact of COVID-19 on the global cash flow management market along with tables and graphs related to various countries and segments presenting the impact on the trends of growth.

Market Trend:
Growing adoption of technologies such as AI, machine learning, data analytics and business intelligence

Market factors:
Benefits of cash flow management such as improving planning and budgeting cycles
Rapid business expansion increases demand for cash flow analysis

Opportunities:
Emergence of new computer applications
Increase predictive analytics in all sectors

Challenges:
Security concerns may hamper market growth

Global Cash Flow Management Market Segments and Market Data Breakdown are illuminated below:
by components (solutions, services), end user (SMEs, professionals), vertical sector (IT, construction and real estate, retail and e-commerce), deployment (cloud, on-premise)

Inquire about customization in the @ report: https://www.advancemarketanalytics.com/enquiry-before-buy/153300-global-cash-flow-management-market

Market Snapshot:
In June 2020, HSBC launched a cash flow forecasting tool to make it faster and easier for businesses to get an accurate picture of their future finances. It produces sophisticated cash flow forecasts over a three-year horizon

The regions included are: North America, Europe, Asia-Pacific, Oceania, South America, Middle East and Africa

Distribution at country level: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (United Kingdom), Netherlands, Spain, Italy , Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand, etc.

What benefits will the AMA research study bring?
– Latest trends influencing the industry and development scenario
– Open new markets
– Seize powerful market opportunities
– Key decision in planning and expanding market share
– Identify key business segments, market proposition and gap analysis
– Help in the distribution of marketing investments

Strategic Points Covered In The Table Of Contents Of Global Cash Flow Management Market:?
Chapter 1: Introduction, Market Driving Product Objective of Study and Research Scope of Cash Flow Management Market
Chapter 2: Exclusive Summary – Basic Information of Cash Flow Management Market.
Chapter 3: Viewing Market Dynamics – Drivers, Trends and Challenges in Cash Flow Management
Chapter 4: Porters Five Forces Cash Flow Management Market Factor Analysis Overview, Supply / Value Chain, PESTEL Analysis, Market Entropy, Patent / Trademark Analysis.
Chapter 5: Display Market Size by Type, End User and Region 2015-2020
Chapter 6: Major Manufacturers Assessment of the Cash Flow Management Market, which includes its competitive landscape, peer group analysis, BCG matrix and company profile
Chapter 7: To assess the Market by Segments, Country and Manufacturers with Revenue Share and Sales by Key Countries (2021-2026).
Chapter 8 & 9: Viewing Appendix, Methodology and Data Source

Finally, Cash Flow Management Market is a valuable source of advice for individuals and companies in the context of the decision.

Get more information: https://www.advancemarketanalytics.com/request-discount/153300-global-cash-flow-management-market

Answers to key questions
– Who are the major key players and what are their major business plans in the Global Cash Flow Management Market?
– What are the main concerns of the analysis of the five forces of the global cash flow management market?
– What are the different perspectives and threats faced by dealers in the global Cash Flow Management Market?
– What are the strengths and weaknesses of the main suppliers?

Ultimately, this report will give you an unequivocal perspective on every market reality without the need to hint at any other research report or source of information. Our report will give you all the facts about the past, present and eventual fate of the relevant market.

Thank you for reading this article; you can also get a section by chapter or a report version by region, such as North America, Europe or Asia.

Craig Francis (Public Relations and Marketing Manager)
AMA Research & Media LLP
Unit # 429, Parsonage Road Edison, NJ
New Jersey United States – 08837
Telephone: +1 (206) 317 1218
sales@advancemarketanalytics.com

About the Author:
Advance Market Analytics is the global leader in the market research industry and provides quantified B2B research to Fortune 500 companies on emerging high growth opportunities that will impact over 80% of business revenues globally.
Our analyst follows a high-growth study with detailed and in-depth statistical analysis of market trends and dynamics that provides a comprehensive overview of the industry. We follow a thorough research methodology coupled with critical insights into industry factors and market forces to generate the best value for our clients. We provide reliable primary and secondary data sources, our analysts and consultants derive informative and usable data tailored to the business needs of our clients. The research study enables clients to achieve a variety of market objectives, from expanding the global footprint to supply chain optimization and competitor profiling to mergers and acquisitions.

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Cent explores cash flow forecasting http://www.vivenavalmoral.com/2021/08/20/cent-explores-cash-flow-forecasting/ Fri, 20 Aug 2021 15:48:49 +0000 http://www.vivenavalmoral.com/2021/08/20/cent-explores-cash-flow-forecasting/ Today, in B2B payments, Centime is talking about cash flow forecasting and Paymogy is looking at the transformation of accounts payable. Additionally, Fifth Third is launching a business transition advisory team, Zact is helping manage corporate travel expenses, and Transcard is partnering to achieve early payment discounts. Bring AP and AR into the intricacies of […]]]>

Today, in B2B payments, Centime is talking about cash flow forecasting and Paymogy is looking at the transformation of accounts payable. Additionally, Fifth Third is launching a business transition advisory team, Zact is helping manage corporate travel expenses, and Transcard is partnering to achieve early payment discounts.

Bring AP and AR into the intricacies of cash flow forecasting

Forecasting cash flow requires sophisticated data integrations in the back office. Accounts receivable and payable are vital sources of information, but as Centime Founder and CEO BC Krishna told PYMNTS, these workflows can also be deeply impacted by the information provided by forecasting technology. robust.

Paymogy invests in invoice flow to transform accounts payable

Invoice Stream is ready for an overhaul following an investment from Paymogy, whose founder, Vaden Landers, will now become interim CEO of the accounts payable automation platform. Virtual cards and ACH can help businesses move away from paper checks, but to truly transform accounts payable, Landers says financial executives need to explore other avenues. He explains to PYMNTS how the monetization and digitization strategy can lead to a more significant evolution of PAs.

Fifth third private bank launches a business transition advisory team

Ohio-based Fifth Third Private Bank announced Thursday, August 19, the creation of the Business Transition Advisory team, a group aimed at preparing business owners for the financial and personal responsibilities associated with a business transition, merger , an acquisition or an initial public offering. . Frieda Rakhman, who joined the bank in January, will lead the team. Rakhman brings over 20 years of financial expertise to this role.

Zact, ITILITE collaborate on travel expenses

The payment company Zact announced Thursday, August 19 a partnership with the platform for reimbursement of professional travel expenses ITILITE. The two companies said in a press release that the partnership will allow organizations “to seamlessly issue payment cards, make travel reservations and manage employee expense reports, all from within. ‘an integrated platform’, calling it “the first fully interoperable travel booking and expense management experience.” . “

Transcard, Previse Partner on early payment discounts

Payment company Transcard announced Thursday, August 19, that it is working with integrated finance company Previse on a new discount solution for early payment. According to a press release from the company, the partnership will involve the integration by Previse of its prepayment discount solution into Transcard’s account-to-account (A2A) SMART Exchange payment platform.

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NEW PYMNTS DATA: 58% OF MULTINATIONAL COMPANIES USE CRYPTO-CURRENCY

On: Despite price volatility and regulatory uncertainty, a new study from PYMNTS shows that 58% of multinational companies are already using at least one form of cryptocurrency, especially when transferring funds across borders. The new Cryptocurrency, Blockchain and Global Business survey, a PYMNTS and Circle collaboration, probing 500 executives about the potential and pitfalls that crypto faces as it becomes part of the mainstream financial sector.


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Agriculture: Commission adopts measure to increase farmers’ cash flow http://www.vivenavalmoral.com/2021/08/06/agriculture-commission-adopts-measure-to-increase-farmers-cash-flow/ Fri, 06 Aug 2021 10:02:52 +0000 http://www.vivenavalmoral.com/2021/08/06/agriculture-commission-adopts-measure-to-increase-farmers-cash-flow/ During a televised session with ordinary Russians last month, a woman insisted that President Vladimir Putin write Polina Devitt and Daria Korsunskaya. Valentina Sleptsova asked the President why bananas from Ecuador are now cheaper in Russia than carrots produced in the country and asked how her mother could survive on a “living wage” with the […]]]>
A combine harvester harvests wheat in a field near the village of Suvorovskaya in the Stavropol region of Russia on July 17, 2021. REUTERS / Eduard Korniyenko

During a televised session with ordinary Russians last month, a woman insisted that President Vladimir Putin write Polina Devitt and Daria Korsunskaya.

Valentina Sleptsova asked the President why bananas from Ecuador are now cheaper in Russia than carrots produced in the country and asked how her mother could survive on a “living wage” with the cost of staple foods like vegetables. potatoes so high, according to a recording from the annual conference. an event.

Putin acknowledged that high food costs were a problem, including with “the so-called borscht basket” of staple vegetables, blaming global price increases and national shortages. But he said the Russian government had taken steps to address the issue and further steps were being discussed, without further details.

Publicity

Sleptsova is a problem for Putin, which relies on broad public consent. The sharp increases in consumer prices are confusing some voters, especially older Russians with small pensions who do not want to see a return to the 1990s, when skyrocketing inflation led to food shortages.

This prompted Putin to push the government to take action to fight inflation. The government’s measures have included a tax on wheat exports, which was permanently introduced last month, and retail price caps on other staple foods.

But in doing so, the president is faced with a difficult choice: in trying to avoid voter dissatisfaction with rising prices, he risks harming Russia’s agricultural sector, with farmers in the country complaining that the new taxes are discouraging them. to make long-term investments.

Publicity

Measures taken by Russia, the world’s largest wheat exporter, have also fueled inflation in other countries by pushing up the cost of grains. An export tax increase unveiled in mid-January, for example, sent world prices to their highest levels in seven years.

Putin faces no immediate political threat ahead of the September parliamentary elections after Russian authorities carried out a broad crackdown on opponents linked to jailed Kremlin critic Alexei Navalny. Navalny’s allies have been barred from running for office and are trying to persuade people to tactically vote for anyone outside of the ruling pro-Putin party, even though the other major contending parties all back the Kremlin on most issues major policies.

However, food prices are politically sensitive, and containing increases to keep people largely satisfied has been part of Putin’s long-standing core strategy.

“If the price of cars goes up, only a small number of people notice it,” said a Russian official familiar with the government’s food inflation policies. “But when you buy the food that you buy every day, you get the impression that headline inflation is rising dramatically, even if it’s not.”

In response to questions from Reuters, Kremlin spokesman Dmitry Peskov said the president was opposed to situations where the price of domestically produced goods “increases unreasonably”.

Peskov said it had nothing to do with the election or the mood of voters, adding that it had been a constant priority for the president even before the election race. He added that it was up to the government to choose the methods of combating inflation and that it was responding to both seasonal price fluctuations and global market conditions, which were affected by the coronavirus pandemic.

Russia’s Economy Ministry said measures imposed since the start of 2021 have helped stabilize food prices. Sugar prices have risen 3% so far this year after growing 65% in 2020 and bread prices are up 3% after growing 7.8% in 2020, he said. declared.

Sleptsova, who has been identified by state television as a native of the central Russian town of Lipetsk, did not respond to a request for comment.

Consumer inflation in Russia has been increasing since early 2020, reflecting a global trend during the COVID-19 pandemic.

The Russian government responded in December after Putin publicly criticized it for being slow to respond. He put in place a temporary tax on wheat exports from mid-February, before imposing it definitively from June 2. It also added temporary retail price caps on sugar and sunflower oil. The caps on sugar expired on June 1, those on sunflower oil are in place until October 1.

But consumer inflation – which includes food as well as other goods and services – continued to rise in Russia, up 6.5% in June from the previous year – it’s the fastest rate in five years. In the same month, food prices rose 7.9% from the previous year.

Some Russians consider the government’s efforts insufficient. With falling real wages and high inflation, ratings for the ruling United Russia party are at their lowest for several years. Read more.

Alla Atakyan, a 57-year-old retiree from the Black Sea resort of Sochi, told Reuters she did not think the measures had been enough and that it was negatively impacting her view of the government. The price of carrots “was 40 rubles ($ 0.5375), then 80 and 100. How come? asked the former professor.

Moscow pensioner Galina, who asked to be identified only by her first name, also complained about the sharp rise in prices, especially for bread. “The miserable help people have received is worth next to nothing,” the 72-year-old said.

Asked by Reuters whether its measures were sufficient, the Economy Ministry said the government was trying to minimize administrative measures imposed because too much interference in market mechanisms in general creates risks for business development and can lead to product shortages.

Peskov said that “the Kremlin considers government action to curb the rise in prices of a range of agricultural products and foodstuffs to be very effective.”

AGRICULTURAL FRICTION

Some Russian farmers say they understand the authorities’ motivation but see the tax as bad news because they believe that Russian traders will pay them less for wheat to offset the increased export costs.

An executive from a large agricultural company in southern Russia said the tax would hurt profitability and mean less money for investment in agriculture. “It makes sense to reduce production so as not to generate losses and increase market prices,” he said.

Any impact on investing in farm equipment and other materials will likely not become clear until later in the year, when the fall planting season begins.

The Russian government has invested billions of dollars in the agricultural sector in recent years. It boosted production, helped Russia import less food, and created jobs.

If agricultural investments are cut, the agricultural revolution that turned Russia into a net importer of wheat at the end of the 20th century could begin to end, farmers and analysts have said.

“With the tax, we are actually talking about the slow decline in our growth rate, rather than the revolutionary damage overnight,” said Dmitry Rylko of the Moscow-based agriculture consultancy IKAR. “It will be a long process, it could take three to five years.”

Some may see the impact sooner. The farm manager and two other farmers told Reuters they plan to reduce their wheat sowing areas in fall 2021 and spring 2022.

Russia’s agriculture ministry told Reuters that the sector remains highly profitable and that transferring the proceeds from the new export tax to farmers will support them and their investments, preventing a drop in production.

The Russian official familiar with the government’s food inflation policies said the tax would only rob farmers of what he called an excessive margin.

“We are in favor of our producers making money on exports. But not at the expense of their main buyers who live in Russia,” Prime Minister Mikhail Mishustin told the lower house of parliament in May.

Government measures could also make Russian wheat less competitive, traders say. They say this is because the tax, which has changed steadily in recent weeks, makes it harder for them to guarantee a profitable futures sale where shipments may not take place for several weeks.

This could prompt foreign buyers to look elsewhere, to countries like Ukraine and India, a trader from Bangladesh told Reuters. In recent years, Russia has often been the cheapest supplier to major buyers of wheat such as Egypt and Bangladesh.

Sales of Russian wheat to Egypt have been weak since Moscow imposed the permanent tax in early June. Egypt bought 60,000 tonnes of Russian wheat in June. It had bought 120,000 tonnes in February and 290,000 in April.

Russian grain prices are still competitive, but the country’s taxes mean that the Russian market is less predictable in terms of supply and price and could cause it to lose some of its share in export markets in general, a said a senior Egyptian government official, the main buyer of wheat.

($ 1 = 74.4234 rubles)


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Hampton Hill Mining NL: Quarterly Activity and Cash Flow Report for the Quarter Ended June 30, 2021 http://www.vivenavalmoral.com/2021/08/01/hampton-hill-mining-nl-quarterly-activity-and-cash-flow-report-for-the-quarter-ended-june-30-2021/ Sun, 01 Aug 2021 11:18:13 +0000 http://www.vivenavalmoral.com/2021/08/01/hampton-hill-mining-nl-quarterly-activity-and-cash-flow-report-for-the-quarter-ended-june-30-2021/ Second floor, 9 rue H avelock West of P erth WA 6 0 0 5 Address : POB ox 6 8 9, West Perth WA 6 8 7 2 ABN 60 060 628 524 Telephone: (6 1 8) 9 4 8 1 8 4 4 4 Email: info @ hamptonhill. com. to Web: www. Hamptonhill. […]]]>

Second floor, 9 rue H avelock

West of P erth WA 6 0 0 5

Address :

POB ox 6 8 9, West Perth WA 6 8 7 2

ABN 60 060 628 524

Telephone: (6 1 8) 9 4 8 1 8 4 4 4

Email: info @ hamptonhill. com. to

Web: www. Hamptonhill. com. to

July 30, 2021

Company Announcement Office

ASX Limited

Level 4, 20 Bridge Street

SYDNEY NSW 2000

ACTIVITY REPORT FOR THE QUARTER ENDED JUNE 30, 2021

At the central leases of the Apollo Hill project on which Hampton Hill holds a 5% gross royalty on all production in excess of the first million ounces, the mineralized footprint has continued to extend along strike and to depth over the course of quarter as an aggressive drilling campaign continued. (Figure 1 and Figure 2).

At the Millennium Base Metals Project, a deep diamond drilling program began immediately after the end of the quarter.

The Company is awaiting the granting of its exploration license covering the new Tyson base metals project, but has in the meantime applied for a new exploration license covering the contiguous and northern silver anomaly.

COMPANY

Hampton Hill Mining NL (Hampton Hill or the company) has now been suspended from trading by ASX for almost 18 months. The Company continued its efforts to lift this suspension during the quarter by submitting a detailed submission to ASX on May 19, 2021.

The Company will have to delay the full implementation of exploration programs and budgets until ASX makes a decision regarding the suspension. The Company is however in a reasonable financial position and holds a loan facility of $ 1 million (ref: Hampton Hill semi-annual report as at December 31, 2020), of which $ 325,000 has been drawn to date. It has also listed ASX investments currently valued at approximately $ 2.7 million (10,800,000 shares of Peel Mining Limited (PEX)).

ACTIVITIES

Apollo Hill Gold Project

During the quarter, work focused on resource extension drilling, infill drilling and metallurgical test work as the project progresses toward completion of pre-feasibility studies. Approximately 40,000 meters of reverse circulation drilling has been completed since the current JORC compliant resource at Apollo Hill was calculated at 35.9 million tonnes grading 0.8 grams / tonne gold (Ref: announcement ASX from Saturn Metals Limited of January 28, 2021). An additional 20,000 meters of drilling are planned and all results will then be applied to a new resource statement expected to be completed later in 2021.

The described resource footprint continued to expand in all directions. New results beyond the current resource envelope effectively extend the footprint south for another

1.4 km including the Ra and Tefnut zones. The results provide a solid basis for the next resource upgrade.

Your board anticipates a positive adjustment to both reported resource tonnage and possibly grade once all drill results are incorporated into a new resource statement.

Shareholders are invited to consult the Saturn Metals Limited ASX quarterly report for June 2021 for further details.

Figure 1 – Location of the Apollo Hill Gold Project in the Western Australian Gold Fields

Figure 2 – Apollo Hill Central Lease Royalty Zone

Millennium Base Metals Project

The Millennium Project is located 40 kilometers southwest of the Telfer Newcrest Gold / Copper Mine in Paterson Province, WA. It is being explored via a 75:25 joint venture between Encounter Resources Limited and Hampton Hill.

Millennium is located on the Tabletop fault in a non-outcropping area, with up to 20 meters of overburden transported. This structure is known for its metallogenic importance and is closely associated with the location of the Nifty copper deposit, which is located 50 kilometers laterally to the northwest. Previous drilling has defined a large zone of copper anomaly (+ 0.25% Cu) over a strike length of over 800 meters (Figure 3). The RC EPT1140 drill hole previously drilled and implanted in the core of the copper anomaly (Figure 4), returned a 26 meter copper sulfide intersection grading 0.60% Cu from 100 meters downstream which included 10 meters grading 0.92% Cu from 100 meters (see Resources Limited ASX meeting version July 19, 2012).

The current diamond drill program at Millennium was designed to test the copper anomaly at depth and was completed in July. The anomaly occurs in a thick carbonaceous shale in the Broadhurst Formation and is interpreted to be a leak upstream of the Tabletop fault from a primary copper position.

The program involved a 400 meter tail extending a previously drilled RC hole EPT2278 to a total depth of 840 meters. The results of the assay are expected in September 2021.

Figure 3 – Millennium drill hole location plan (max in Cu hole)

Figure 4 – Millennium schematic cross section through AA ‘(regolith anomaly projected on the section)

Tyson Base Metal Project

The Company is awaiting the granting of the primary exploration permit covering this project. During the quarter, it applied for a new contiguous and northern exploration license after a search for historical exploration reports revealed that the area covers a silver anomaly detected by previous drilling but not sufficiently tested. Our company has a competing candidate for this field and the award will be determined by a ballot organized by the DMIRS.

Glenview Base Metals Project

No fieldwork was done during the quarter and activity will be suspended for the time being.

Northlander Gold Project

Hampton Hill owns an NSR of 0.98% and certain salvage rights relating to the mining leases of the Northlander project.

Evolution Mining Limited (EVN) reported that a 26,000 ounce gold resource has been delineated on the Rayjax prospect as part of this project. The resource is contained in 21,000 tonnes of indicated category grading 1.63 grams per tonne of gold and 25,000 inferred tonnes grading 1.90 grams per tonne (Ref: EVN Annual Mineral Resource Declaration of February 17, 2021).

PAYMENTS TO RELATED PARTIES

(as indicated in section 6 of annex 5B of the quarterly cash flow report)

The cash outflows of $ 12,500 reported in section 6.1 of the quarterly cash flow report of Annex 5B relate to $ 11,000 in director fees, including superannuation, paid to non-executive directors during the quarter, as well as $ 1,500 in interest on a loan from a company associated with a director.

Authorized by the Council

Joshua Pitt

President

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Hampton Hill Mines NL published this content on July 30, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on 01 Aug 2021 11:11:06 AM UTC.


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