Unic Diversified Holdings Plc (UNIC.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2008 abridged results.For more information about Unic Diversified Holdings Plc (UNIC.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Unic Diversified Holdings Plc (UNIC.ng) company page on AfricanFinancials.Document: Unic Diversified Holdings Plc (UNIC.ng) 2008 abridged results.Company ProfileUnic Insurance Plc is an insurance company in Nigeria offering life and health insurance products for the personal and corporate sectors. Life insurance products cover mortgage protection, credit life, whole life, term assurance, educator protector, travel and funeral insurance. Unic Insurance Plc also offers financial products for basic savings, investment, estate, retirement, trust, annuity, life assurance and credit scheme plans as well as services for asset management, real estate/property development, and advisory and fund management services. Established in 1965, the company was formerly known as United Nigeria Insurance Company Limited. The company’s head office is in Lagos, Nigeria. Unic Insurance Plc is listed on the Nigerian Stock Exchange
The five most heavily shorted UK stocks are J Sainbury, Cineworld, Hammerson, Petropavlovsk, and WM Morrison Supermarkets. Short-sellers borrow shares and then sell them. If share prices fall, they can repurchase them at a lower price and pocket the difference. If share prices rise, short sellers will be buying them back at higher prices, and they will lose money. So, a lot of short interest in stock might be considered a bearish signal.Top five shorted UK sharesI used today’s short position update from the Financial Conduct Authority (FCA) to find the five most heavily shorted UK stocks. Firms with a net short position of 0.1% or greater of the issued share capital of a listed company have to report their position to the FCA. I have summed up the positions of various firms that are short the same stock to get a total.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Sainbury has 7.51% of its shares sold short and is the number one shorted UK share at present. Next is Cineworld at 7.29%, then Hammerson with 6.47%. Petropavlovsk comes in next at 5.72%, and finally, Morrison is in fifth place with 5.6%. Why are these stocks being shorted?Short selling a stock is not necessarily an indication that that seller thinks the price will crash. Strategies like equity market neutral and pairs trading involve buying and shorting stocks. They do not necessarily depend on shorted stock prices crashing. However, the top five are heavily shorted, and I think that indicates the short sellers are taking a bearish position.Hammerson is a commercial landlord. It has suffered from lower rent collections during the pandemic. Its shares have risen sharply since October 2020, perhaps in anticipation of a return to normality. But, perhaps the short sellers are forecasting unpaid rent problems persisting long into 2021 and beyond and maybe forcing a breach in the company’s debt covenants.Short sellers might think Cineworld has lost customers to streaming and online movie releases. The lack of blockbuster releases and social distancing protocols might make a cinema trip unappealing throughout 2021, which could make dealing with the company’s large debt pile a problem.As for Sainsbury and Morrison, I would suggest the shorters think the boost in sales and share price seen during the pandemic is coming to an end. Also, a shift to ordering online during the pandemic, if it persists, will be damaging as it stands because it’s the least profitable channel.And finally, we have Petropavlovsk. In the last year, there has been a boardroom coup, a police investigation of an executive, and a downgrade of reserves. Short sellers will likely be focusing on that.Reddit stocksCould short selling be a buy signal? Well, over in the US, we have seen GameStop and AMC rally after a coordinated buying effort organised through Reddit (and other platforms) — this was in response to heavy short selling against those stocks.UK stocks do not seem to gain the traction online that their US counterparts do, so I do not think it is likely that these five could become ‘Reddit stocks’. It is not impossible, though — Cineworld and AMC do have a lot in common, after all. But even if the combination of heavy short selling and heightened online chatter around a stock could be interpreted as a buy signal, it would appear to be a short-term one. FREE REPORT: Why this £5 stock could be set to surge Enter Your Email Address James J. McCombie | Friday, 18th June, 2021 I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Image source: Getty Images. James J. McCombie has no position in any of the shares mentioned. The Motley Fool UK has recommended Morrisons. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Get the full details on this £5 stock now – while your report is free. Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares The 5 most heavily shorted UK stocks Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. See all posts by James J. McCombie
“COPY” Golden View Residence / Workshop AD Houses Projects ArchDaily Manufacturers: Parklex International S.L. Products translation missing: en-US.post.svg.material_description Save this picture!© Kevin Smith+ 23 Share ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/600843/golden-view-residence-workshop-ad Clipboard “COPY” Golden View Residence / Workshop ADSave this projectSaveGolden View Residence / Workshop AD CopyHouses, Renovation, Extension•Anchorage, United States Architects: Workshop AD Area Area of this architecture project Area: 5000 ft² Year Completion year of this architecture project Year: United States 2014 Photographs: Kevin Smith Manufacturers Brands with products used in this architecture project Products used in this ProjectWoodParklex International S.L.Wood cladding – FacadeStructural Engineering:Smith & HustonBuilding Envelope:Paul LukesContractor:Hawkinson ConstructionCity:AnchorageCountry:United StatesMore SpecsLess SpecsSave this picture!© Kevin SmithText description provided by the architects. This project involved the redesign and completion of a partially constructed house on the Upper Hillside in Anchorage, AK. Construction of the underlying steel and wood structure had ceased for over five years resulting in significant organizational and technical building issues that needed to be resolved in order for the home to be completed.Save this picture!© Kevin SmithProgrammatically, the existing organization presented several deficiencies. The project team diligently worked to understand the client’s lifestyle including specific ritualistic cooking and food preparation, entertaining demands, and the desire for an increased awareness of their environment. The reconfiguration resulted in a highly responsive dwelling.Save this picture!© Kevin SmithWhen the project came to our office, we were faced with numerous technical challenges associated with a degraded structure exposed for an extended period of time to the harsh Alaskan elements. A thorough structural investigation and inventory of each component was required to assess degrees of intervention and appropriate repair and or replacement remedies. The elevated floor structure was built using steel beams, struts, and structural insulated panels resting on beam bottom flanges. Steel columns support steel beams and open web wood roof joists. With the extreme temperature variations of this northern climate, the steel members presented extensive thermal bridging issues. Steel connections, whether bolted or welded, were inspected and repaired. One particular heavy gauge tube steel member, an integral part of a lateral brace frame, had ruptured over time; a powerful reminder of the strength of freezing water exerting incredible forces on building components. Much of the engineered lumber had degraded and required replacement. The large roof overhang resulted in considerable wind uplift forces which placed stresses on each component below. The project team extensively re-engineered and detailed the building envelope to counteract these demands while meeting the over-arching aesthetic goals of the architecture.Save this picture!© Kevin SmithPerched above the landscape like an extended tree house, the platform stretches across the hillside following the topographical subtleties of the forest. Expansive glazing exposes each space to the foreground wooded layers and the distant commanding panoramic views north and west. Yet, the spaces maintain a high degree of privacy from the surrounding neighbors. Exterior surfaces are clad with walnut veneer composite panels, concrete, and metal roofing. Interior surfaces are clad with walnut panels, dark painted wood trim, painted gypsum board, basalt stone tile and stainless steel accents, and hydronic radiant heated concrete floors to create an immersive, comfortable, and durable environment.Save this picture!© Kevin SmithSave this picture!Floor PlanFor the clients and their guests the experience of the Alaskan landscape is truly unique and connected to the specific qualities of this setting.Save this picture!© Kevin SmithProject gallerySee allShow lessXinglong Visitor Center / Atelier AlterSelected ProjectsHouse #20 / Rue SpaceSelected Projects Share Photographs ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/600843/golden-view-residence-workshop-ad Clipboard CopyAbout this officeWorkshop ADOfficeFollowProductsWoodSteel#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesRefurbishmentRenovationExtensionAnchorageUnited StatesPublished on February 23, 2015Cite: “Golden View Residence / Workshop AD” 23 Feb 2015. ArchDaily. Accessed 11 Jun 2021.
The HAT Soil Health Podcast- Selecting and Establishing Fall Cover Crops on Vegetable Farms Facebook Twitter Winter rye is a traditional cover crop for many Indiana vegetable growers because it does a good job of protecting soils from erosion over the winter, and can tolerate being planted late in the fall. Growers experienced with cover crops make use of a wider variety, and often in mixtures. Planning a rotation of cover crops, vegetables, and possibly field crops, involves integrating information about nutrient needs of cash and cover crops, insect and disease susceptibility, timing of weed seed germination and production, and cover and cash crop planting and termination or harvest dates and methods.Chuck Mohler, a vegetable grower in northern Indiana, and conservation agronomist Joe Rorick join Eric Pfeiffer to discuss the process of choosing cover crops for specific vegetable rotations on a particular farm, and provide tips on preparing the soil and seeding methods for a solid healthy cover crop stand.Audio Playerhttps://dts.podtrac.com/redirect.mp3/hoosieragtoday.com/wp-content/uploads/2021/01/HAT-Soil-Health-Pod-011821.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.Podcast (wirepodcastshat-rss): Play in new window | Download | EmbedSubscribe: RSS By Eric Pfeiffer – Jan 18, 2021 SHARE Facebook Twitter Home HAT Soil Health Podcast The HAT Soil Health Podcast- Selecting and Establishing Fall Cover Crops on… SHARE Previous articleFarm Bureau Establishes 2021 Policies on the HAT Monday PodcastNext articleDrought Conditions Slowly Improving in South America Eric Pfeiffer
News UpdatesBar Council Of Delhi Entitled For Exemption U/s 80G Income Tax Act, Holds ITAT [Read Order] LIVELAW NEWS NETWORK6 July 2020 11:49 PMShare This – x”Bar Council is engaged in safeguarding the rights, privileges and interest of the advocates.”Bar Council of Delhi is entitled for registration u/s 12AA of the Income Tax Act and consequent exemption u/s 80G, the Income Tax Appellate Tribunal has held. The Delhi Bench of ITAT set aside an order passed by Commissioner of Income – tax (Exemption) who had rejected the application filed by Bar Council of Delhi seeking registration u/s 12AA of the Income Tax Act.Section 12AA of…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginBar Council of Delhi is entitled for registration u/s 12AA of the Income Tax Act and consequent exemption u/s 80G, the Income Tax Appellate Tribunal has held. The Delhi Bench of ITAT set aside an order passed by Commissioner of Income – tax (Exemption) who had rejected the application filed by Bar Council of Delhi seeking registration u/s 12AA of the Income Tax Act.Section 12AA of Income-Tax Act, 1961 deals with procedure for Registration of a Charitable Trust or institution. Contributions made to charitable institutions can be claimed as a deduction under Section 80G of the Income Tax Act. While allowing the appeal filed by Bar Council, the bench comprising of Judicial Member Kuldip Singh and Accountant Member RK Panda observed that the Council is engaged in safeguarding the rights, privileges and interest of the advocates, and its dominating purpose is the advancement of general public utility within the meaning of section 2(15) of the Act, and thus the genuineness of its activities and object of charitable purpose is proved. The Tribunal noted that, for the purpose of registration u/s 12AA of the Act, the threshold condition i.e. genuineness of the activities is to be decided with the object clause of institution. The Bar Council has been established with object to control, supervise, regulate or encouragement of the profession of law for which there is a separate provision in the Act as contained u/s 10(23A) of the Act for exempting its income which shall not be included in its total income, the Tribunal said. CIT(E) had rejected the application on two grounds inter alia that (i) in the absence of financials of FY 2018-19, the genuineness of the activities of the appellant could not be established; and (ii) that the appellant is not a notified institution by the Government of India. While considering appeal, the Tribunal noted that there is a Government Notification by which the Bar Council has been duly approved/notified institution for the purpose of section 10(23) of the Act. It also held that the CIT(E) erred in declining the registration u/s 12AA of the Act on the ground that financials of FY 2018-19 have not been furnished by the Council. Click here to Read/Download Order Next Story
A US-wide manhunt has been launched for a Somerville College employee accused of stabbing to death a hairstylist in Chicago.Police in Chicago issued arrest warrants on Monday for Andrew Warren, 56, a senior treasurer assistant at Somerville, and another suspect, on the count of first-degree murder.Because the alleged crime is of a violent nature the pair are considered “armed and dangerous”, police said.The second suspect hunted by police is Wyndham Lathem, 42, an associate professor of microbiology-immunology at Northwestern University.Last night, Andrew Warren’s web page was removed from the Somerville website, as Oxford University said it would work with police to help with their investigation.According to reports, Trenton Cornell-Duranleau, 26, was found dead by police in Lathem’s tenth floor apartment in Chicago at 10.35pm on Thursday. Police were responding to an anonymous call by a maintenance worker who said a crime had been committed there, the Chicago Tribune reports.Cornell-Duranleau died of multiple lacerations to the body, medical examiners said.Wanted for Murder by CPD – Our search will only intensify. Prof Latham & Mr Warren, do the right thing & turn yourself in to any police dept pic.twitter.com/fwWkcfFfco— Anthony Guglielmi (@AJGuglielmi) August 2, 2017 Oxford University released a statement on Tuesday saying it was “not aware of this case, which is clearly extremely concerning. We will liaise with the relevant investigating authorities and provide any assistance that is required.”In his job at Somerville, Warren is understood to have dealt with the payroll and pensions of college staff. Older college documents suggest Warren was also involved in collecting students’ battels payments.Somerville said it was in contact with police in the UK and was ready to work with US authorities to help their investigation.In an email sent to Somerville staff and students on Tuesday morning, the college Principal, Alice Prochaska said: “There is a tragic news story in today’s press and media, and on many web sites, which many of you will have seen already. It tells us that there is a warrant out for the arrest of our colleague Andrew Warren in the Treasury, on a charge of murder in Chicago.“Neither the College nor the university were aware of the case, which is clearly extremely worrying. We and the university authorities will liaise with the investigating authorities and provide any assistance that is required.“This comes as upsetting news to all of us. Counselling support can be made available to anyone who needs it.”In a statement, Northwestern University said Wyndham Lathem had been placed on administrative leave and was banned from entering the university.“Lathem has been a faculty member in the department of microbiology-immunology since 2007,” the statement said.“This is now a criminal matter under investigation by the appropriate authorities, and Northwestern University is cooperating in that investigation.”Mischelle Duranleau, the victim’s mother, wrote on Facebook: “Throughout his life he loved music and animals. His enthusiasm for life was infectious.“Trenton was a caregiver and loved to help others. His youthful free-spirit fueled his love of cars, video games and cartoons.”
Donald Trump is scheduled to visit Oxfordshire during his upcoming tour of Britain, according to national reports.His three-day visit to the UK is “likely” to include a meal at Winston Churchill’s birthplace, Blenheim Palace, on the 12th of July. Trump’s advisers are expected to visit the UK within the next few weeks to finalise the itinerary of the controversial trip.The visit will be the first the president has made to the UK since his election of to office in November 2016. The tour will not be afforded the full ceremony of an official state visit.Due to the large anti-Trump protest scheduled to take place in London during the visit, the president’s time in the capital will be limited. 53,000 people are expected to attend the protest against the visit. According to reports, 10,000 police officers will be relied upon to protect the president from any protests or potential terror attacks. 40 police cars and motorbike outriders will also be available for whenever Trump travels by road.A warm reception cannot be guaranteed in Oxfordshire either. Protesters quickly began to campaign against Trump’s visit to the county, soon after its likelihood was reported. Oxford West and Abingdon MP, Layla Moran, has pledged to relocate her anti-Trump protest from central London to Blenheim Palace in response to the the rumours. Trisha Greenhalgh, a leading academic in medicine at the University of Oxford, informed her 36,000 Twitter followers of the proposed date of the visit, telling them “Pink hats are needed folks” before offering one of said hats to MP Layla Moran.The reference to “pink hats” in Greenhalgh’s tweet alludes to the “Pussyhats”, a symbol of anti-Trumpism and feminist solidarity. These hats were originally worn by protesters in the Women’s Marches held in January of last year, partly in response to Trump’s election. Following his meal at Blenheim Palace, the president to due to visit Theresa May at her Buckinghamshire country retreat, The Chequers, and then to travel to meet the Queen at Windsor Palace. On the final day of the president’s “best of British” tour, Trump is also scheduled to visit his Turnberry golf course in Scotland.Following a police meeting and crime panel held last Friday, Anthony Stansfeld, Thames Valley police and crime commissioner, stated that he had not yet received detailed information regarding Trump’s visit. Stansfeld also explained that more information regarding the Presidential visit would soon be shared with the public.
“Everybody should stop moaning about bakery skills shortages and learn to love the new skills framework.” This is not what Improve’s CEO Jack Matthews said of the new ’employer-led’ qualifications, but he might have done in a more private moment than speaking at last week’s launch of the new framework.”It’s about engendering the recognition that it’s a demand-led agenda – led by the employers.” That, he did say.Speaking to British Baker at the sector skills council’s conference, held at Improve’s base at York University, Matthews said the qualifications have been streamlined to eliminate thorny issues such as duplication of learning. It also offers a modular ’plug and play’ skills framework, applicable across the whole food and drink industry, with specific bakery modules.Meanwhile, momentum is building to plug the gap in training provision, with the establishment of a Centre of Excellence for bakery, which should culminate on 30 October at Bakers’ Hall, London, where the issue is set to dominate an Improve-led bakery training conference. This would see the baking industry come up to speed with the meat and fish industries, which already have centres of excellence.Matthews said a new centre could be up and running within a year if the idea were embraced by the baking industry. “We can get that development process under way, assessed and accredited, and a centre set up within a year – if there is the will to do it,” he said.national skills academyThe National Skills Academy is the training division of Improve, funded by The Learning & Skills Council. The existing centres of excellence are independent providers, with an emphasis on engaging with employers, he added.”We have been working with a number of bakery companies – Warburtons to name but one – and they are beginning to recognise what skills can actually do for their organisation, for shareholders and their performance in the marketplace, as well as for the individual. The baking industry is going to continue to change in terms of plant size and complexity. On the craft bakery side, we know what issues they have with finding good bakery apprenticeships, and locations for bakery apprenticeships can actually be delivered.”The flexibility of the qualifications will allow bakery employers to plan using their people better, he believes. “If you want to move on from a Level 2 to a Level 3, you can add whatever units you want, because the credits are all equalised and accessible. When the provider sees the demand starting to build for these tailored qualifications, they will recognise that’s where they have to go.”Baking industry figures gave their backing to the framework at the event. British Bakels MD Paul Morrow said that firms are now realising that engaging skills more fully into their business structure adds value to the bottom line. “If we look at the commonality of food manufacture, rather than at the very small sub-sectors of baking, craft baking or confectionery, then there are many themes in common – from health and safety, hygiene, through to process operators and management supervision.”Whether it’s craft baking, bread or confectionery, or whether it’s craft fish processing or craft butchery, there’s still a scope for all those craft skills within the framework. We’re trying to build those foundation skills that are common to the whole food industry as well as the very narrow but important sector craft skills – in our case bakery.”British Bakels is recruiting senior level food scientists and training them in bakery craft skills. “It will take us a couple of years but it’s not impossible. The true craft skills are only a small part of the common skill set that our company employees will require.”He added that common complaints against embracing training – including fears that upskilled employees would jump ship to competitors, meaning someone else reaps the fruit of the investment, or a lack of time and/or money – are misplaced.”If you haven’t got the time to train then you’re not going to be in business long-term. If you train your people, they’ll be motivated to stay – losing them to competitors is not a convincing reason not to train,” he said.This argument was echoed by Sylvia Halkerston, HR director of Macphie, which decimated the rampant staff turnover at the Glasgow Oakwood Foods Factory it acquired in 2000; this fell from 90% to less than 1% through a structured approach to training involving NVQs. “There’s a consensus today that there’s a direct correlation between training and development and the success of a business. Training produces a competent, confident workforce that enables us to compete globally,” she said.But will the baking industry embrace this new framework or is there still scepticism? “The baking industry is much more enlightened than some of them give themselves credit for! They will have to make an investment – which some in the industry have run from in the past – but they’re beginning to see that training gives a clear return on their investment.”wait and see stanceThere was however a ’wait and see’ outlook on the mix and match flexibility of the qualifications from Arthur Rayer of the SAMB. “When you have hundreds of units, I’m not sure how you hang a qualification on a generic mix. I think you have to drive the industry a wee bit,” he said.But he welcomed the retention of the bakery element. “Although it’s a framework for food manufacturing, within it, there are still bakery roots. We were worried that bakery would be swamped by a generic qualification, but it’s not. We’re also happy with having the standards, but not necessarily attached to VQs. That means we can offer alternative qualifications where people want them.”The development of a genera- lised food manufacturing qualification to replace all the old qualifications in no way detracts from the role of bakers, insists Paul Wilkinson, chairman of Improve. “Clearly, bakers need to know how to bake, whether craft or plant. But it is a simplified, more clearly focused set of qualifications. And through the National Skills Academy it should be easier to access training.”Matthews added: “The critical element is that bakery employers feel something has been done that reflects their needs.” n