The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Interesting article on how a business like MBO is most likely thriving during coronavirus
https://www.raconteur.net/finance/future-payments-2020/digital-payments-covid-19
I watched this. The newsreader said that local Hammersmith council, the NHS and the Government do not back the reliability of their tests nor back them itself
http://www.ghana.gov.gh/index.php/media-center/news/5825-ghana-lauds-france-for-technical-and-economic-support
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Could be a reason for the acquisition of Euro Ops France...
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Ghana has applauded France for its continued technical and economic support in the areas of defense, agriculture, health and education, energy and public sector reforms.
https://www.dpworldsouthampton.com/port-info/tariffs-and-charges
Here are the charges for Souhampton. AS you can see, the additional examination of cargo if called in for inspection is greater than the fee for x-raying the container due to having to conduct an in depth examination, so the same may apply with Tema, and therefore greater fees than just per TEU.
Remember, the original tariffs were meant to increase by c.10% with the opening of this new port. However due to a number of protests the government decided to remain with the existing tariffs. Therefore the forecasted profit by MPS would have reduced substantially and therefore will be attempting to recoup profits elsewhere from partners. I further get a feeling that the negotiated rates by MPS to WSG was lower than expected and therefore there is a much much negotiation going on in the background to get an improved rate per TEU and therefore substantially more revenue to the contract, which can only be a good thing.
If you click on the 3 month 50 day on the graph and then click on 3 SMA you can see the 50 SMA (orange) line is on the path of crossing the 200 SMA (red line). The point this orange line crosses the red line is called the 'golden cross', which is a very bullish technical signal.
Corero Network Security plc, the network security provider, is pleased to announce that it has elected to repay its existing loan notes with a face value of $5.0 million (the "Loan Notes") in full, together with accrued interest of approximately $1.16 million, and in advance of their maturity date in March 2014. The Loan Notes were issued in March 2011 as part of the consideration paid for the acquisition of Top Layer Networks, Inc. The Loan Notes accrued interest at a rate of 8% per annum and were secured on the assets of Top Layer Networks, Inc. (since renamed as Corero Network Security, Inc.).