The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
What is Lucid Group Incorporated?
Lucid Group, Inc. a technology and automotive company, develops electric vehicle (EV) technologies. The company designs, engineers, and builds electric vehicles, EV powertrains, and battery systems. As of December 31, 2021, it operates twenty retail studios in the United States.
CentralNic reported an "outstanding" start to the year, with Chief Executive Michael Riedl calling the three months ended March 31 the company "best-ever" first quarter. The online marketplace developer and manager expects to report gross revenue of USD194.9 million, net revenue/gross profit of USD45.8 million, and adjusted earnings before interest, tax, depreciation and amortisation of USD21.3 million in the quarter. This would represent growth of 24%, 15%, and 15%, respectively, when compared to the previous year. CentralNic said it is confident the company will trade "at least" in line with current market expectations due to its expanding product range, the benefits of operating leverage, and its focus on efficient execution.
yes another excellent update
Given this confidence, I am pleased to announce that the Directors intend to propose paying a maiden dividend of 1.0p for the year 2022 to the AGM to be held in late April. This is the next step of our plan of returning cash to shareholders, following the completion of our maiden share buyback programme in early 2023. I look forward to keeping you updated on our progress throughout 2023."
Stocks in Japan are primed to outpace global peers this year as improving corporate-governance standards and the central bank’s potential policy normalization burnish the nation’s appeal for foreign funds, according to Man GLG.
Warren Buffett’s most recent endorsement of the market and the end of global rate hikes are also positive catalysts, according to Jeffrey Atherton, head of Japanese equities at UK-based Man GLG, a unit of hedge fund Man Group Plc.
“Medium term we are very optimistic,” Atherton said in an interview last week. “It does seem that the pace of change in Japan is accelerating.”