Billions For Building
Newsletter
The London Rush
By
Save
Morning, I'm Louise Moon
Remember levelling up? Well, the north and midlands are set for £15 billion of new tram links, train lines and bus stations.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
21 minutes ago
- Yahoo
Endangered spider monkey and panda arrive at zoo
Two new animals have arrived at Paignton Zoo as part of a conservation breeding programme. A female red panda, an endangered species, and a female brown spider monkey, a critically endangered species, have been transported from zoos in France to the Devon site. Brown spider monkeys were added to the International Union for Conservation of Nature (IUCN) Red List in 2020 because their populations in Columbia and Venezuela were declining due to the pet trade and habitat destruction. The IUCN said it believed there were fewer than 10,000 mature red pandas in the wild after their habitats in China had been destroyed. The panda will join a female called Ember while the spider monkey will join a troop consisting of females Luna and Lena and male Kikou. Zookeepers said the monkey would initially remain off-show to visitors while the primates were introduced. Mammal keeper at Paignton Zoo James Shora said: "The red pandas offer those quieter, more contemplative moments, while the spider monkeys bring incredible dynamic energy from the forest canopies of South America. "It's like having two completely different worlds side by side." The red panda came from Les Terres de Natae, Pont-Scorff and the brown spider monkey from Zoo Amiens Métropole. More news stories for Devon Listen to the latest news for Devon Follow BBC Devon on X, Facebook and Instagram. Send your story ideas to spotlight@ Devon zoo announces arrival of red panda cubs Escapee panda wanders round Newquay New rules make it harder to keep primates as pets IUCN Red List Paignton Zoo
Yahoo
21 minutes ago
- Yahoo
Man's return to shop saves it from closure 50 years on
A retired engineer has saved a shop from closure by returning to the greengrocers he worked as a child. Alan Sheppard worked in Somerset's South Petherton store, owned by his uncle, in the late 1960s, and after a career in engineering, he has decided to continue his family's legacy. Residents feared the shop would have to close when Mr Sheppard's former colleague, Merv, decided to call it a day. Mr Sheppard had recently finished working at Branston potatoes, and felt inspired to give his former role another try. He said: "What makes this job good is the customers. They come in here and they're all happy that we carried on, because they thought when Merv retired, it might close." More news stories for Somerset Listen to the latest news for Somerset He added: "Back in the late 1960s, I worked for my uncle's business... we used to go off delivering during the mornings, and then in the afternoons we'd have to get potatoes from the farms, or go out and cut cauliflowers in the field. "I've gone full circle." Mr Sheppard said working in the shop as the manager is "not as stressful" as being an engineer, adding he can "chill out" as he heads towards retirement. The greengrocer also said footfall was increasing, noticing younger people are now using the shop to buy fruit and veg instead of visiting supermarkets. Follow BBC Somerset on Facebook and X. Send your story ideas to us on email or via WhatsApp on 0800 313 4630. The family-run village shop trading for 130 years Popular village shop marks 10-year anniversary
Yahoo
an hour ago
- Yahoo
While institutions own 38% of Serabi Gold plc (LON:SRB), individual investors are its largest shareholders with 51% ownership
The considerable ownership by individual investors in Serabi Gold indicates that they collectively have a greater say in management and business strategy 44% of the business is held by the top 25 shareholders Insiders have been buying lately AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. If you want to know who really controls Serabi Gold plc (LON:SRB), then you'll have to look at the makeup of its share registry. We can see that individual investors own the lion's share in the company with 51% ownership. Put another way, the group faces the maximum upside potential (or downside risk). Institutions, on the other hand, account for 38% of the company's stockholders. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. Let's delve deeper into each type of owner of Serabi Gold, beginning with the chart below. See our latest analysis for Serabi Gold Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. As you can see, institutional investors have a fair amount of stake in Serabi Gold. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Serabi Gold, (below). Of course, keep in mind that there are other factors to consider, too. Serabi Gold is not owned by hedge funds. Fratelli Investments Ltd is currently the largest shareholder, with 10.0% of shares outstanding. Hargreaves Lansdown Asset Management Ltd. is the second largest shareholder owning 7.4% of common stock, and Aberdeen Group Plc holds about 6.2% of the company stock. Our studies suggest that the top 25 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our most recent data indicates that insiders own less than 1% of Serabi Gold plc. It has a market capitalization of just UK£137m, and the board has only UK£346k worth of shares in their own names. We generally like to see a board more invested. However it might be worth checking if those insiders have been buying. The general public -- including retail investors -- own 51% of Serabi Gold. This size of ownership gives investors from the general public some collective power. They can and probably do influence decisions on executive compensation, dividend policies and proposed business acquisitions. With an ownership of 10.0%, private equity firms are in a position to play a role in shaping corporate strategy with a focus on value creation. Some investors might be encouraged by this, since private equity are sometimes able to encourage strategies that help the market see the value in the company. Alternatively, those holders might be exiting the investment after taking it public. While it is well worth considering the different groups that own a company, there are other factors that are even more important. Consider for instance, the ever-present spectre of investment risk. We've identified 1 warning sign with Serabi Gold , and understanding them should be part of your investment process. Ultimately the future is most important. You can access this free report on analyst forecasts for the company. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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.
