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Daily Archives: January 19, 2022
Pet Cloning Becomes More Popular As Instagrammers Begin Replicating Deceased Pets – Newsweek
Posted: January 19, 2022 at 11:55 am
When photographer Courtney Udvar-Hazy's wolf-dog hybrid tragically died after being struck by a car in 2018, she decided she needed to clone her.
Udvar-Hazy's dog Willow had quite a following on Instagram when she unexpectedly died. But the account, @WanderwithWillow, is still very much active, except now Udvar-Hazy posts pictures of her pup Phoenix.
Phoenix, a two-year-old wolf-dog hybrid, is Willow's clone.
Udvar-Hazy contacted the same company that famously cloned Barbra Streisand's dog Samantha in 2018, ViaGen Pets. The Texas-based company launched in 2016 and utilizes the original pet's cells to create an embryo which is then transferred to a surrogate mother.
Udvar-Hazy ended up with Phoenix as well as an additional five identical puppies that she gifted to her friends, Input Magazine reported.
Currently, ViaGen Pets is able to clone dogs for $50,000, cats for $35,000, and horses for an initial payment of $45,000. But according to the website, although the clone might have the exact same DNA profile as the original pet, it will still develop its own temperament and personality.
According to the website, the cloning process is fairly expensive due to "state of the art housing," nutritious diets, and "expert" veterinary care that the cloned puppies and kittens are provided.
While the idea behind cloning a deceased pet sounds like something out of a sci-fi novel, the technology isn't actually all that new. The first-ever cloned dog, Snuppy, was born in 2005. Using stem cells from Snuppy, scientists were able to reclone him and create four more dogs in 2017. While one dog died, the other three are all healthy.
While many people still share a concern that cloning animals could affect their health, ViaGen Pets claims that cloned animals are no more susceptible to health issues than noncloned animals.
With more and more people opening up about cloning their beloved pets, ViaGen hopes that the process will become more accessible and normalized in society. For many, cloning a pet serves as a coping mechanism to deal with their grief. But the cloning process is by no means a quick fix.
Kelly Anderson, who runs the Instagram account @adogandacat, said it took about four years for ViaGen Pets to clone her Ragdoll named Chai after she unexpectedly died while in the care of a pet sitter.
Before Chai's death, Anderson had accumulated more than 64,000 followers and now she wasn't sure how to keep the page active.
Anderson explained to Newsweek that she was up all night the day Chai died and remembered a recent conversation she had with a friend about ViaGen Pets and their cloning process. She recalled calling them as soon as they opened the next day.
Since her cat had already been frozen at the vet and the cloning process required live skin tissue, they told Anderson they could make no promises that the procedure would be successful because of the frozen tissue.
"They recommend that you do it while the cat or dog or horse is still alive because it's a noninvasive kind of procedure," she told Newsweek. "I have preached that to everyone since going through this process. Preserve cells now, the worst that happens is you're out like $1,000 or so and don't have any regret in case something unexpected does happen."
But luckily for Anderson, the team at ViaGen Pets was able to gather enough cells to clone Chai. Now, Anderson said she has Belle who looks identical to Chai and is working to build her Instagram account back up with Belle.
Newsweek reached out to Courtney Udvar-Hazy and ViaGen Pets.
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It Depends Can trust cloning be used to transfer assets between trusts without duty or CGT? – Corporate/Commercial Law – Australia – Mondaq News…
Posted: at 11:55 am
Australia: It Depends Can trust cloning be used to transfer assets between trusts without duty or CGT?
18 January 2022
Cooper Grace Ward
To print this article, all you need is to be registered or login on Mondaq.com.
In this edition of 'It depends', senior associateKeeghan Silcock talks about whether you can use a trust cloningstrategy as a way to transfer assets between two trusts withoutduty or, potentially, CGT.
Hi, and welcome to another edition of It Depends. Today,I'll be talking about whether you can use trust cloningstrategy as a way to transfer assets between two trusts withoutduty or potentially CGT.
It depends. Trust cloning strategy is unique to Queensland. So,the first major it depends factor is where are the assets of thattrust located. If the asset you're looking to transfer islocated in Queensland, then trust cloning may be a strategy foryou.
So, what is trust cloning? Trust cloning, simply put, is whereyou have an existing trust that owns an asset and you want totransfer it out of that trust to a new trust. You set up the newtrust in a particular way. Importantly, so that it has the sametrustee as the first trust and the same trust interests as thefirst trust. And what that means is for a discretionary trust, youneed to have the same default beneficiaries or for a unit trust,you need to have the same unit holders. Or for an SMSF, you need tohave the same members of that SMSF and all of those trust interestsneed to be held in the same proportion as between those two trusts.If you satisfy those requirements and the transfer of the asset isdone correctly between trust one and the new cloned trust, then youcan, in Queensland, transfer an asset between those two trustswithout any duty.
However, there is no specific tax exemption that applies for CGTpurposes on the transfer of assets between the two trusts. Thismeans that the transfer of assets will attract CGT potentially,although it could be minimised or completely eliminated altogether,depending on the availability of particular concessions, such as asmall business, CGT concessions.
If you have a client who is wanting to shift assets out of atrust into a new trust in Queensland, we suggest seeking adviceabout whether trust cloning could be a strategy for them so thatthere is no duty payable on that transfer. Please feel free tocontact a member of our team who would be happy to assist withthat.
Cooper Grace Ward Lawyers
Cooper Grace Ward is a leading Australian law firm based inBrisbane.
This publication is for information only and is not legaladvice. You should obtain advice that is specific to yourcircumstances and not rely on this publication as legal advice. Ifthere are any issues you would like us to advise you on arisingfrom this publication, please contact Cooper Grace WardLawyers.
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Swan Song Clenches the Morals of Your Mind and Heart – 25YearsLaterSite.com
Posted: at 11:55 am
When you really think about it, and that act right there already is a bit of the hard part for many, there may be no more universally shared feeling of the human condition than existential dread. No matter the spiritual or secular backgrounds possible, everyone pushes against those moments of reflection and crisis. The best movies that have addressed existential anxiety are some of the most challenging viewing experiences that stick with audiences long after their credits roll. Go ahead and add Benjamin Clearys Swan Song to that venerated list.
Furthermore, by channeling its abundantly unique story down a futuristic path, Swan Song also embraces the realm of potential science fiction. Moored by an immensely complex performance from two-time Academy Award winner Mahershala Ali, the crux of Clearys debut feature film oscillates on a virtuous decision amplified by the reach of technology not yet viable today. The drama may be all-inclusive with its existential dread, but the choices and implications considered and then enacted are strenuous yet sublime.
In the not-too-distant future, Ali plays Cameron, an artistically-driven product designer and married father of one son named Cory. His love story with his musician wife Poppy (the luminous Naomie Harris) began with a Meet Cute over a mistaken chocolate bar on a commuter train. Even through the shortcomings of their mutual work-life balance issues, their familys future looks promising with Poppy expecting their second child.That sunny future for Cameron is derailed when seizures he begins to experience foretell a terminal diagnosis giving him mere months to live. He will not survive long enough to see the birth of his new child and cannot bring himself to tell Poppy. However, one experimental medical option presents an unnerving measure of hope.
Pioneered by Dr. Jo Scott (8-time Oscar nominee Glenn Close) and her assisting psychologist Dalton (Adam Beach of Windtalkers), Arra Labs has developed a cloning program that copies your memories and behaviors into an exact physical copy. That healthy doppelganger can then be inserted into your life to take your place while you live out your remaining days at Arra Labs mountain retreat. The goal is to extend your perceived life and spare your family immediate grief.
With a baby on the way, that last part is the goal of Cameron, and he becomes more convinced by observing and bonding with another Arra Labs client named Kate (Awkwafina, star of the thematically similar The Farewell) who has completed this same clone exchange. The labs thorough counseling program of memory transfers and cross-checks has Cameron replaying the highs and lows of his life side-by-side with his clone, all while orchestrating an enormous secret.
Cameron is considering an action that will secure his familys future. Yet, perhaps the hardest part of Camerons journey is the prospect of saying a goodbye that no one will know is an actual goodbye. Even if his days are numbered, he has to live with the notion of someone else living what should be his life. Such reflections jar his indomitable male will as a husband and father.
This laborious proposition of Swan Song guarantees to split audiences with an ethical wrestling match between honesty and empathy on whether they could do what Cameron has chosen. One has to wonder how many shielding spouses and parents would consider this radical course of action if it were available and find pity and solidarity in that grave choice. Yet, its the lie of it all that will be a certain hang-up for others, and understandably so. While this whole undertaking is a personal choice for Cameron to make, it is also a decision he may be unfairly denying from his wife and children, unbeknownst to them. What would you tell yourself to get through this and at what point do you realize that its not only about you?
Because of the crushing emotions and controversial implications in play in Swan Song, an extremely delicate lead and dualistic performance was required from Mahershala Ali, and the soon-to-be 48-year-old conquered every possible struggle. Wherever volatile selfishness or anger threatened to push this film into over-sentimental territory, Ali seized grace armored by sorrow the likes of which is rarely accomplished. Through the painful reflections and prognostications his character goes through, Ali makes the eventual justifications for Camerons unfathomable choices convincing. That is an extremely difficult and connective place to succeed.
In dipping its toes into science fiction, the production values of Swan Song match that sturdy dramatic beauty. Cinematographer Masanobu Takayanagi (Hostiles) absorbs the posh production designs of Annie Beauchamp (The Yellow Birds) to create a stark setting of contrast and cleanness trying to contain the messy human temperaments. Composer Jay Wadley (Im Thinking of Ending Things) and music supervisor Meghan Currier amplify that morose mood further with a divine and haunting combination of score and songs.
Playing on AppleTV+, Swan Song is the feature debut of writer-director Benjamin Cleary, an Oscar winner for the live action short film Stutterer in 2015. The burgeoning visionary deserves tremendous recognition for constructing and charting a compelling path through this moral minefield of a narrative. A different director would wrongfully inject spectacle for spectacles sake or construe some external villainy. Cleary avoids those mistakes with an Andrew Niccol-like vibe of thoughtful design and intelligent patience. He knows the true nucleus of this story lies between the ears and between the ribs. Clench your own heart and mind tightly in welcoming one of the best films of 2022.
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How Marxism created the West – UnHerd
Posted: at 11:54 am
Contemporary explanations of wokeness are always insufficient. Public intellectuals either pretend there has been no major revolution in values, or offer silly debates about whether wokeness is really neo-Hegelian anarchism, or neo-Freudian Romanticism, or double-backflip Puritanism with a dash of neo-neo Kantianism. The work of an obscure Italian philosopher who died in 1989 is perhaps an unlikely place to find clarity. But Augusto Del Noce provides an explanation at once straightforward and original: Marxism changed the trajectory of the West.
Del Noces work seems particularly current in the Anglosphere, perhaps, because it has only recently become available in English. Carlo Lancelotti, a New York-based math professor, first translated Del Noces The Crisis of Modernity in 2014; this month, his translation of The Problem with Atheism was published. The latter was written first between 1917 and 1945 and produced the thesis about Marxism that allowed Del Noce to see the future.
Del Noces take on Marxism was strange. It was, he believed, a stillborn ideology, dead upon arrival, yet its rotting carcass sprouted every 20th Century political movement. There is already at the onset of Marxism an insuperable contradiction, he wrote. Marxs view of history, according to Del Noce, was a consequence of his commitment to atheism, which can never be proved directly, and must therefore present itself as the outcome of an irreversible historical process mans liberation, via science and technology, from primitive superstition. Marx argued that the idea of God was a symptom of mans alienation through oppression; as society removed forms of oppression, the question of God would disappear. Societys values, Marx believed, were just expressions of its economic arrangements and that the development of these arrangements was leading to an inevitable destination: the march of history would culminate in Communism, which would be free of both oppression and the idea of God.
Since, in the Marxist framework, removing oppression is the primary way of bringing about the future, philosophy is subordinated to politics. As Marx wrote, Philosophers have hitherto only interpreted the world in various ways; the point is to change it. In Marxism, reason is not something universally accessible to all; it is the tool that certain radically free people use to impose their will on existence. This creates a contradiction: how can anyone change the world if history is inevitably going to culminate in communism? And if all philosophy is just a reflection of economic arrangements, is the same not true of Marxism?
This contradiction bifurcated Marxism along two different paths. The first path embraced the revolutionary philosopher, while the other one embraced history. The first path led to Lenin, the revolution, and the Soviet Union. The second path led to us. Del Noce wrote, Marxism has ended up being a stage in the development of the technological and affluent society, which accepts all [of Marxisms] negations of traditional thought but at the same time eliminates its messianic and (in its own way) religious aspect. Marxs vision was achieved by his ostensible enemy.
Long before it became obvious, Del Noce wrote that the alliance between the technocratic right and the cultural left is there for everyone to see. He argued that liberalism sublimated, or absorbed, various aspects of Marxism, transforming into what he called the technological society. Bourgeois society always had two historical enemies: revolutionary thought and religious thought. As a synthesis of these opposites, Marxism provided bourgeois society with the tool needed to defeat both. Our society largely embraces Marxs historical vision: advancing technologies are viewed as de facto proof that the question of God, and all transcendent values, are irrelevant. Yet this vision of history is also turned onto Marxism itself. Communism was tried and it was a failed experiment. The technological society does not have to enlist any religious or moral claims to reject Communism. It simply dismisses Communism as inefficient.
The Leninist path of Marxism also stumbles through our society in a misshapen form. Del Noce argued that Leninism unleashed a type of post-Christian gnosticism which was an early Christian heresy that believed the world was evil and could only be saved by those with access to secret or esoteric knowledge. Lenin believed that the revolution wouldnt just happen spontaneously it had to be brought about by raising the consciousness of the proletariat. This required professional revolutionaries. Drawn from the people tasked with the job of modernising the Russian economy, these revolutionaries were an elect class that understands how the world really works. The British writer H.G. Wells understood the implications of this better than Lenin himself: in his 1928 book The Open Conspiracy, inspired by his trips to the Soviet Union, Wells called for the West to embrace rule by its own elect class of experts.
Everyone understands that a person is not wise by virtue of being an accountant, or a therapist, or an immunologist; we all understand that a person can have limited domain expertise, and be a complete fool outside of that area. Moreover, domain expertise is not the same as executive function: the act of governing a society is the act of choosing between competing goods, and this requires virtues like wisdom and prudence. And yet society has become enthralled by the expert, the idea of which works in the exact opposite way, suggesting that a person is equipped to make prudential choices between competing goods simply by virtue of possessing technical knowledge in some limited domain. Eventually this denigrates into absurdities, like the disinformation expert who is basically a truth expert.
Del Noce paints a landscape of a society that rejects all traditional values in the name of a supposedly neutral rationality, has a caste of revolutionary-cum-technocratic experts who function like gnostic priests, and engages in near-constant, system-approved revolution. This revolution was separate from Marxism, and was encapsulated in a sentence written by Friedrich Engels: the thesis that reality is rational leads, according to Hegelian dialectics, to this other one: everything that exists deserves to die. Del Noce wrote that the revolutionary is the executioner of a death sentence that history has pronounced. But since the radically bourgeois society rejects all transcendent values, its revolutionaries offer only negation. The global rebellion becomes an absurd revolt against what exists or what once existed. It becomes either a silly attempt to escape reality or a tool of the system it is revolting against. It should be obvious how this explains the woke, but it also shows how the anti-woke offer a mirror image.
There are many, like James Lindsay and John McWhorter, who champion Enlightenment values in the face of the woke. They praise things like reason, rationality, and positivism in the face of a new religious fervor. The miracle of rationality fought off the forces of religious superstition, we are told, and we must be vigilant not to slide back into the shadows of irrationality. Del Noce might call this the Enlightenment after Marxism. It is a mythic narrative that its proponents fail to see as myth.
Carl Schmitt once wrote that American financiers and Russian Bolsheviks were engaged in a common struggle. That synthesis is now complete. Del Noce helps us see how this synthesis is at the root of todays most pressing issues, and how those who want to fight the woke cannot retreat into the static categories of the 20th century. Decomposed Marxism limits our ability to see a new horizon, and the future seems impossibly hopeless because so few are willing to reassess past mistakes.
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‘Westernisation’ can provide basis for leave to remain in UK, tribunal rules – Law Gazette
Posted: at 11:54 am
Westernisation can provide a basis for a claim for leave to remain in the UK where individuals face a real risk of persecution if they would not be able to adhere to the norms of conservative societies, a tribunal has ruled.
A westernised family of five who fled Iraq in 2006 have won an appeal against the refusal of leave on the grounds that they would face a real risk of persecution because they are atheists.
Upper Tribunal Judge Gaenor Bruce said: They do not wish to adhere to conservative Islamic norms because they fundamentally do not agree with them. They should not be expected to do so simply in order to remain safe.
Bruce held that the Refugee Convention does not provide a protected and unfettered right to enjoy ones life in the way that one would like: there is no human right to listen to a particular kind of music, drink alcohol or to wear jeans.However, it can offer protection where the modifications required of the claimants amount to suppressions of the inalienable rights afforded to them by international law, she added.
Westernisation can also entitle an individual to protection where, if they have been living in the UK for a long time or is unfamiliar with the prevailing culture in their country of origin, there is a risk that their modified behaviour will slip.
The tribunal heard that the family, who were all nominally Muslim but have never been practising, previously lived in an affluent area of Baghdad where their atheism was simply never an issue.
However, Bruce said that the Iraq of 2021 is very different from the Iraq that they left and referred to expert evidence suggesting that today religion permeates the public space and that atheists often keep their views secret for fear of harassment, attack or even murder.
In that context an individual does not have to sell books, or shout on a street corner, to proclaim that he is not a Muslim: his lack of faith is apparent in his everyday actions, Bruce said.
[The father] will be regarded with curiosity if he permits his daughters to go out unchaperoned; that curiosity will rise to suspicion if he is never seen at mosque; suspicion would quickly escalate to hostility if the family fail to observe the fasts in Ramadhan or to don black during Muharram; that hostility could, at any time, give rise to persecution if, for instance, the women insist on remaining unveiled or the familys attitudes lead to them being identified as particularly wealthy.
She added:Although evidence about fashion, or entertainment preferences, appears at first glance to consist of little more than an appeal to pluralism, and thus lying entirely outwith the protection framework, that evidence must be carefully assessed.
First, to determine whether the lifestyle choices of the claimant are in fact an expression of beliefs prohibited or disapproved of in his country of origin. Second, whether there is a real risk of that claimant failing to effectively mask his "western" identity and thus exposing himself to harm.
The parents and their youngest childs human rights claims were previously allowed by consent, as the Home Office accepted that it would not be reasonable to expect their young child to leave the UK, and their two other childrens human rights appeals were also allowed.
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Libyan authorities ban Christmas and New Year celebrations – Barnabas Fund
Posted: at 11:54 am
The Libyan Ministry of the Interior in late-December 2021 issued a warning to citizens not to celebrate Christmas or New Years Eve.
This directive follows a police warning that Christmas and New Year celebrations are not in accordance with the countrys religion (Islam).
New Years Eve is often wrongly perceived as a Christian festival in Islamic contexts, partly because Islam follows a different calendar with its own date for New Year.
Celebratory gatherings on New Years Eve were until recent years commonplace among many Libyans, and much greater toleration existed of Christians celebrating Christmas. With the emergence of hardline Islamist politics, however, the government has adopted a much more restrictive stance.
The General Directorate of Criminological Investigations in Libya instructed all restaurants and cafs not to celebrate New Year, with the threat of closure for those refusing to comply.
In a nationwide campaign initiated to confiscate Christmas decorations, Lieutenant General Muhammad al-Obeidi, head of the government media unit, said the police were targeting decoration, gift and rose shops, where many Christmas trees of different shapes and sizes that were on sale were seized.
Al-Obeidi defended the seizures by stating that the items sold do not represent our religion or our religious beliefs, emphasising that goods associated with festivals other than the two Muslim holidays, Eid al-Fitr and Eid al-Adha, were contrary to Islamic law.
In Benghazi Al-Kubra Ibrahim Al-Shahr, a member of the Fatwa Sub-Committee, stated that celebration of the New Year and participation in Christian holidays were forbidden.
In May 2021, the Ministry of Endowment and Islamic Affairs instructed the General Authority for Communications and Informatics to close down and ban various web pages that incite youth to follow other religions, or those calling for atheism and devils worship.
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Why Shares of CF Acquisition Corp VI Rose Today – Motley Fool
Posted: at 11:52 am
What happened
Shares of the special purpose acquisition company (SPAC) CF Acquisition Corp VI (NASDAQ:CFVI) rose as much as 10.5% today before ending the day up nearly 5%. While it may not be the exact reason, the company that CF Acquisition Corp intends to merge with and take public, Rumble, announced today that it plans to invest in the payments company Parallel Economy.
Rumble is a video publishing platform that claims to have fewer restrictions than other more-traditional publishing platforms like YouTube. Rumble has gotten popular among publishers worried about having their content banned from traditional publishing platforms. The company said last year that it had reached 36 million average active monthly users.
Image source: Getty Images.
Launched last year, Parallel Economy is a payment processor that has flat pricing, no monthly surcharges, and next-day funding. The company claims to be "censor resistant."
Rumble CEO Chris Pavlovski said in a statement:
Our mission is to eliminate every chokepoint and backdoor to cancel companies like Rumble and our creators. This investment in a digital payment processing system is another example of Rumble's commitment to put creators first. With Parallel Economy, creators won't have to worry about arbitrary cancellation. Giving creators financial security is a critical part of Rumble's mission to protect a free and open Internet.
Rumble does seem to have built a sizable audience. Additionally, platforms like Rumble and Truth Social, whose parent company is being taken public by the SPAC Digital World Acquisition Corp, are clearly seen as two disruptors in the world of traditional social media and tech.
It's a bit early to know if platforms like this are here to stay, and ultimately I think more information and performance history are needed to prove these concepts out.
This article represents the opinion of the writer, who may disagree with the official recommendation position of a Motley Fool premium advisory service. Were motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.
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Feldan Therapeutics Awarded Funding by Cystic Fibrosis Foundation – PRNewswire
Posted: at 11:52 am
QUEBEC, Jan. 18, 2022 /PRNewswire/ - Feldan Therapeutics, a biopharmaceutical company that develops therapeutics based on its proprietary intracellular delivery platform, announced today it was awarded funding by the Cystic Fibrosis Foundation to pursue the development of the Feldan Shuttle technology as a pulmonary delivery agent for cystic fibrosis (CF).
The award is part of the Cystic Fibrosis Foundation's US$500 million Path to a Cure initiative to accelerate treatments for the underlying cause of CF and to cure every person with the disease.
Relentless efforts in seeking therapies to minimize symptoms or to cure CF are often hindered by the barriers imposed by the specialized cells, secreted host defense factors and mucociliary transport system lining the airway of CF patients. Therefore, developing an efficient pulmonary delivery agent is instrumental in the advancement of treatments for CF. The Feldan Shuttle technology offers great promise as it has been demonstrated to enable delivery of various types of functional therapeutic cargos into cultured human airway epithelial cells, a breakthrough in the pulmonary field.
"We are very enthusiastic about this support from the Cystic Fibrosis Foundation," said Franois-Thomas Michaud, co-founder and Chief Executive Officer of Feldan. "We are looking forward to advancing safe delivery of chemical and biological cargos to CF airway epithelia through this grant and taking an active role in offering new therapeutic avenues to CF patients."
About Feldan Therapeutics:
Feldan is a biopharmaceutical company that specializes in the development of treatments based on the intracellular delivery of therapeutics. Feldan designed a proprietary, peptide-based technology that enables safe and efficient delivery of various compounds inside cells. The Shuttle technology unlocks the development of a new generation of therapiesby giving access to intracellular components beyond the reach of existing drugs. Feldan's pipeline focuses on diseases affecting lungs and skin.
For more information: http://www.feldan.com
SOURCE Feldan Therapeutics
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Cordoba CF training camp to benefit Bahraini national team: HH Shaikh Nasser | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN – News of Bahrain- DT News
Posted: at 11:52 am
TDT | Manama
The Daily Tribunewww.newsofbahrain.com
His Highness Shaikh Nasser bin Hamad Al Khalifa, Representative of His Majesty the King for Humanitarian Works and Youth Affairs, asserted the importance of the training camp carried out by the Spanish team Cordoba CF in Bahrain, adding that it was influential in promoting the Kingdoms remarkable achievements in various sectors, including the sports field.
In addition, His Highness indicated that the gains of this visit will raise the technical and experience levels of the players of the national clubs, which will significantly benefit the Bahraini national team.
On the occasion of the end of the Spanish teams training camp, HH Shaikh Nasser bin Hamad Al Khalifa stated The visit came to promote Bahrain and its brilliant successes during the prosperous era of His Majesty King Hamad bin Isa Al Khalifa, the King of Bahrain.
Cordobas training camp highlights the renaissance of Bahraini sports and Bahrains high capabilities that have placed it at the forefront of the host countries for various sports tournaments and teams.
The visit of the Spanish team comes in line with Bahrain Economic Vision 2030, which is keen on promoting Bahrainthrough sports as an ideal way to convey the messages of Bahrain in various fields.
And it confirms Bahrains position as the capital of youth and sports that make it shine in the global spotlight, HH Shaikh Nasser bin Hamad continued.
His Highness noted that the presence of the Spanish team in Bahrainwill have positive repercussions on Bahraini football.
The friendly games that brought Cordoba CF together with Al Khaldiya Sports Club and Riffa Sports Club provided the teams with a broad space to gain expertise and technical skills, which was achieved thanks to the interactions with the skilled players of Cordoba CF.
The benefits of these games will be reflected in the performance of the two teams and the national team, which includes an elite group of players from Al Khaldiya and Riffa.
HH Shaikh Nasser said, Cordobas training camp has opened wide areas of cooperation with the Bahraini clubs and the Bahrain Football Association, which we hope will culminate in the development of Bahraini football and serve us in discovering more sports talents.
This is because the Spanish team possesses high levels of technical experience and skills in management and the discovery of talents in football.
Cordoba CF played two friendly matches in Bahrain, winning the first match against Al Khaldiya by 3-1 goals and drawing 1-1 in the second one with Riffa.
The two matches were held at the Bahrain National Stadium.
The Spanish team left Bahrain after the conclusion of its training camp, which witnessed various activities and numerous visits to tourist and heritage sites inBahrain.
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The 5.7% return this week takes Canaccord Genuity Group’s (TSE:CF) shareholders five-year gains to 338% – Simply Wall St
Posted: at 11:52 am
When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, you can make far more than 100% on a really good stock. For example, the Canaccord Genuity Group Inc. (TSE:CF) share price has soared 276% in the last half decade. Most would be very happy with that. On top of that, the share price is up 15% in about a quarter.
After a strong gain in the past week, it's worth seeing if longer term returns have been driven by improving fundamentals.
View our latest analysis for Canaccord Genuity Group
To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' 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 the five years of share price growth, Canaccord Genuity Group moved from a loss to profitability. That kind of transition can be an inflection point that justifies a strong share price gain, just as we have seen here. Since the company was unprofitable five years ago, but not three years ago, it's worth taking a look at the returns in the last three years, too. Indeed, the Canaccord Genuity Group share price has gained 163% in three years. Meanwhile, EPS is up 88% per year. This EPS growth is higher than the 38% average annual increase in the share price over the same three years. So you might conclude the market is a little more cautious about the stock, these days. This cautious sentiment is reflected in its (fairly low) P/E ratio of 5.11.
The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image).
It is of course excellent to see how Canaccord Genuity Group has grown profits over the years, but the future is more important for shareholders. If you are thinking of buying or selling Canaccord Genuity Group stock, you should check out this FREE detailed report on its balance sheet.
When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. In the case of Canaccord Genuity Group, it has a TSR of 338% for the last 5 years. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence!
It's good to see that Canaccord Genuity Group has rewarded shareholders with a total shareholder return of 38% in the last twelve months. That's including the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 34% per year), it would seem that the stock's performance has improved in recent times. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. 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. Consider risks, for instance. Every company has them, and we've spotted 2 warning signs for Canaccord Genuity Group you should know about.
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on CA 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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