Latest news with #Mosaic
Courier-Mail
18 hours ago
- Business
- Courier-Mail
A $310m transformation set to renew prominent Kangaroo Point site
Construction is under way on The Bedford by Mosaic, marking the long-awaited transformation of a prominent Kangaroo Point peninsula site that has remained dormant for decades. The $310m mixed-use development by Queensland developer Mosaic Property Group will deliver the precinct's first-ever major supermarket. The Bedford will include a full-line Woolworths, cafe, and liquor store at ground level, with 128 two- and three-bedroom residences and resident amenities across 16 levels above. The development has sold more than 90 per cent since its late 2024 preview. The final release of luxury residences is now available with construction being undertaken by Mosaic's own in-house building arm. Residences are priced from $1.4m and completion is set for late 2027. Mosaic founder and managing director Brook Monahan said the milestone represented a long-awaited activation of a key inner-city location. 'This is a cornerstone site that has sat idle for decades,' he said. 'After so many stalled attempts, we're proud to be the ones finally bringing it to life. 'It's a privilege and a responsibility we take seriously – delivering the kind of amenity and homes that build on Kangaroo Point's established appeal to further cement its position as one of Brisbane's most coveted residential pockets. 'The response to The Bedford has been exceptional, and it's not by chance. 'It comes down to a combination of location, quality, and confidence. This is one of Brisbane's most iconic inner-city suburbs, yet it's lacked new residential supply for over a decade. 'We've paired that demand with a truly elevated offering – generously scaled homes, anchored by luxury hotel scale amenity – and, crucially, the certainty that Mosaic will deliver. In this market, that assurance is more valuable than ever.' Mr Monahan said the strength of demand for The Bedford had been so significant that Mosaic was fast-tracking the preview of its follow-up Kangaroo Point development, the $240m The Carter by Mosaic, to meet ongoing demand. 'We don't bring a project to market unless we believe deeply in its relevance and potential – but when demand exceeds even our expectations, we move with confidence,' he said. 'The Bedford's performance has reaffirmed that buyers are seeking quality, location, and above all, certainty of delivery. That's exactly what we offer – and it's why we are accelerating the release of The Carter.' This year, Mosaic is on track to complete three major projects – The Mowbray by Mosaic in East Brisbane was delivered in January, The Prescott by Mosaic in Toowong has just been completed, and The Manning by Mosaic in Milton is set for a July completion totalling more than $350m and 295 new homes, all constructed by Mosaic's internal building division. Since 2012, Mosaic has completed more than 65 premium residential and mixed-use projects across Brisbane, the Gold Coast, and the Sunshine Coast, delivering more than $2bn in value. A further $2bn in projects are either under way or in planning. THE BEDFORD BY MOSAIC Developer: Mosaic Property Group Address: 16-30 Prospect St, Kangaroo Point Features: Mixed-use development including 128 two- and three-bedroom residences with resident amenities. Final release residences priced from $1.4m. Completion set for late 2027. More info:
Business Wire
11-06-2025
- Business
- Business Wire
KBRA Comments on Chapter 11 Filing of Solar Mosaic
NEW YORK--(BUSINESS WIRE)--Solar Mosaic LLC (Mosaic) has filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code (Chapter 11) in the United States Bankruptcy Court for the Southern District of Texas. According to its press release dated June 6, 2025, Mosaic plans to maintain its loan servicing operation through the Chapter 11 process. In addition, Forbright Bank—an existing loan servicing customer of Mosaic and the administrative agent representing lenders in the Chapter 11 proceedings—has expressed its intention to leverage its financial strength to support Mosaic's servicing operations. According to the transaction documents of KBRA-rated solar loan ABS transactions for which Mosaic is the servicer, Mosaic's bankruptcy constitutes a servicer termination event. However, the bankruptcy court may have broad authority over any contracts or agreements to which Mosaic is a party, which could prevent the trustee from appointing a successor servicer during the Chapter 11 process. Because situations involving a servicer bankruptcy present the potential for a servicing disruption, if during, or as a result of, the Chapter 11 proceedings, Mosaic is unable to continue to service the ABS trusts at a level consistent with its historic servicing standards, the potential exists for the ABS trusts to incur increased delinquencies and cash flow disruption. KBRA will continue to monitor the situation, and if any performance degradation should occur, KBRA will consider the magnitude of any such degradation in effectuating Watch Placements and/or rating actions across our rated universe of 18 Mosaic transactions, which include two unpublished transactions. The following is a list of Mosaic's published transactions rated by KBRA. Related Publication Mosaic Solar Loans LLC & Mosaic Solar Loan Trust Comprehensive Surveillance Report About KBRA KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions. Doc ID: 1009867
Yahoo
11-06-2025
- Business
- Yahoo
Jim Cramer on The Mosaic Company (MOS): 'A Real Tough One to Understand'
We recently published a list of . In this article, we are going to take a look at where The Mosaic Company (NYSE:MOS) stands against other stocks that Jim Cramer discusses. During the episode, Cramer mentioned The Mosaic Company (NYSE:MOS) and said: 'There's no real theme to the other stocks on the list… Then there are two one-offs, Roblox and Mosaic… Here's a real tough one to understand, Mosaic. It's a fertilizer company. Now this one's an oddity. It's entirely possible that people are playing a theme of China food shortages. And that's one, by the way that, I'm not seeing. I think what it really is is farmers are flush, and that means they're capable of buying tons of fertilizer, which doesn't cost that much anyway.' Mosaic (NYSE:MOS) produces and markets phosphate and potash-based crop nutrients, animal feed ingredients, and industrial products. Additionally, it offers blended fertilizers, biological complements, and related services. On May 20, Cramer recommended not buying the stock as he said: 'This weekend, when I was at Total Wine & More up there in Norwalk, I was shocked. Someone came to me and said, what do you think about Mosaic? I said, well, you know what, I think it's just, it's killer. It's killer. But it is hype, it is just like a parabolic move. If I come in now, I think I am too late…. I'm going to have to say, [don't buy, don't buy] because it's just up too much. It's up too much. I'm sorry.' Overall, MOS ranks 13th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of MOS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
9 News
10-06-2025
- 9 News
Being trusting is no longer endearing. It's dangerous
Your web browser is no longer supported. To improve your experience update it here ANALYSIS: The internet is evil, dangerous, seductive and manipulative. It can also be entertaining, informative, and positive. The probably impossible task mankind faces today is deciding which is which and taking back control of the net to confront the evil, before it further promotes terrorism, child abuse and scamming of the unlucky. One expert has a solution which would require anybody logging on to provide facial recognition and a fingerprint before they were allowed access. More of that ahead, but is it possible? Probably not. Regardless, Australia must lead the way on this because the crooks say we are too nice, the easiest of targets, world leading suckers being scammed. Let's face it. The net is not going away. It is so deeply embedded in life it can't be turned off even if we wanted to do that. It is like the cute lion club abandoned by its mother and raised by humans. One day, the cub is a fully grown animal that suddenly turns on its much-loved foster parent and snaps their neck. The internet is possibly that dangerous. But unlike the lion that cuddles a human moments before killing them, the world has been given some warning of what may come. So what do we do? It's a huge problem. Think about these figures. This is one large lion. It's estimated 4.5 billion people have access to the net. Despite early work it really started to emerge only in the mid-1980s. The first browser, Mosaic, is around 30 years old. The beast is young. Although it's impossible to fact-check nerds, the estimate is that by this year there will be 463 exabytes of data created daily on the net. One nerd says, for context, every word spoken by every human would be 5 exabytes. More context. An exabyte is one quintillion bytes, which is a one with 18 zeros after it. Even Victoria's state debt doesn't have figures like that. All this I know from several sources on the net. You get the point. Australia is the number one target in the world for scams. (Getty) What's available is beyond comprehension. So how much of it is hurting mankind? There are scams, lies, and dangerous pornography. The dark web, which is really quite accessible, provides a gathering place for paedophiles, drug dealers and bomb makers. It allows organised crime and terrorists to thrive. The scams help fund terrorism, the dark web helps them organise their bloody work with the money raised. Answers? Ken Gamble is a private detective, arguably Australia's leading scam buster. He is chair of IFW Global and has helped bust scams around the world. He's been ringing alarm bells for more than a decade with appearances before parliamentary inquiries. He says governments and police are not doing enough. Few have listened, which he says makes Australians an even bigger target. Speaking on the podcast Neil Mitchell Asks Why? he said organised crime syndicates run mainly by Israelis, Chinese and British are extremely sophisticated and well-organised. They use the telephone and the web, with scam centres staffed by hundreds of people tracking down vulnerable victims. "Australia is the number one target in the world. We have been for a number of years," Gamble said. "I've interviewed a number of criminals from various countries that we have arrested during operations and they all say the same thing: Australians are the easiest to trick." In a way, it's a compliment. Most Australians are hard-working, honest people who do not expect to see a crook behind every tree willing to promise the world and steal everything. He says although organised crime is behind the more sophisticated scams, local criminals are not missing out: "Increasingly, we are seeing scams perpetrated in Australia by other Australians," Gamble said. "We are seeing a lot of scams come out of the Gold Coast, for example. "The police response is so slow they can run their scam for three months, shut it down, pocket a million dollars or more and and get on with the next one. "By the time law enforcement comes along, they're long gone." Gamble also warns scammers are extremely dangerous, and his own life has been threatened. He says the risk is not only to gullible or greedy people and their bank accounts, but to human life and world peace. "We've traced some of these scams to members of terrorist organisations," he said. "We've traced it to people in Israel, Egypt, Lebanon. "We've got a number of cases where we have hard evidence that these dollars have gone into the hands of Hezbollah." He said apart from organised crime motorcycle gangs and traditional mafia, were now involved in scamming because it provides high profit for low risk. And it is getting worse. Scams are becoming more sophisticated. Artificial intelligence is the future. There have already been excellent AI fakes of the prime minister supposedly supporting an investment plan, and of celebrities endorsing things the actual celebrities have never heard about. AI scams and political tricks will be harder to pick and they are effectively uncontrollable. Imagine an Australian election campaign where Anthony Albanese is seen on video promising a new tax on everybody earning more than $50,000. Or a video of Sussan Ley saying, if elected, she will make Scott Morrison governor-general. Gamble has seen himself in deep fake, with an American accent, saying things designed to discredit him. He has also seen several fake websites established in the name of his company, again aimed to discredit because he was becoming too good at catching the bad guys. Obviously, we would all benefit from stronger lessons in scepticism and online caution. How do you know a website is genuine? How do you know that message is real? An example: I received an email with a Tax Office logo which began with a warning to watch out for Tax Office scams. The scammer was warning about scammers to try to build their credibility. Scepticism is essential, even in a trusting country. Gamble, who has seen the beast at its worst, has a radical plan. "Nobody is policing the internet as a whole. Nobody. No national or international global enforcement agency. "We live in a society where people enjoy their freedoms. "They do not want to have to put their fingerprint in to access the net. "But I would love to see when you log in to the net you are identified by your face and your fingerprint. "Of course, it can be exploited but it would be a good start. "It will probably never happen but that's one way of enforcing the law and actually regulating the use of the internet." Would the average person accept such a restriction? Would the crooks take more than five minutes to find a way around it? Sadly, the message behind use of the internet, the World Wide Web, and text messages, is: be sceptical, be careful, if it looks too good to be true, it isn't. And a footnote from history: in the mid-1950s when television was introduced, critics warned it would harm the world through declining intellectual and social skills, and become a new tool for propaganda and manipulation. Those critics had a point but the world adapted and survived. The net does all those things too, but the difference is TV doesn't empty your bank account and use the money to blow up a bus. Take care. Being trusting is no longer endearing. It's dangerous. Neil Mitchell is a Nine news analyst. His podcasts, both interviews and analysis, appear each Tuesday and Thursday as Neil Mitchell asks why? national scam World Internet media Technology Tech CONTACT US
Yahoo
09-06-2025
- Business
- Yahoo
Jim Cramer on The Mosaic Company (MOS): 'A Real Tough One to Understand'
We recently published a list of . In this article, we are going to take a look at where The Mosaic Company (NYSE:MOS) stands against other stocks that Jim Cramer discusses. During the episode, Cramer mentioned The Mosaic Company (NYSE:MOS) and said: 'There's no real theme to the other stocks on the list… Then there are two one-offs, Roblox and Mosaic… Here's a real tough one to understand, Mosaic. It's a fertilizer company. Now this one's an oddity. It's entirely possible that people are playing a theme of China food shortages. And that's one, by the way that, I'm not seeing. I think what it really is is farmers are flush, and that means they're capable of buying tons of fertilizer, which doesn't cost that much anyway.' Mosaic (NYSE:MOS) produces and markets phosphate and potash-based crop nutrients, animal feed ingredients, and industrial products. Additionally, it offers blended fertilizers, biological complements, and related services. On May 20, Cramer recommended not buying the stock as he said: 'This weekend, when I was at Total Wine & More up there in Norwalk, I was shocked. Someone came to me and said, what do you think about Mosaic? I said, well, you know what, I think it's just, it's killer. It's killer. But it is hype, it is just like a parabolic move. If I come in now, I think I am too late…. I'm going to have to say, [don't buy, don't buy] because it's just up too much. It's up too much. I'm sorry.' Overall, MOS ranks 13th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of MOS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
