Input ratio – ATRX http://atrx.net/ Tue, 24 May 2022 01:05:03 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://atrx.net/wp-content/uploads/2021/10/icon-3-120x120.png Input ratio – ATRX http://atrx.net/ 32 32 HALLADOR ENERGY CO MANAGEMENT REPORT AND ANALYSIS OF FINANCIAL POSITION AND RESULTS OF OPERATIONS (Form 10-Q) https://atrx.net/hallador-energy-co-management-report-and-analysis-of-financial-position-and-results-of-operations-form-10-q/ Mon, 23 May 2022 21:02:05 +0000 https://atrx.net/hallador-energy-co-management-report-and-analysis-of-financial-position-and-results-of-operations-form-10-q/ THE FOLLOWING DISCUSSION UPDATE THE MD&A SECTION OF OUR 2021 ANNUAL REPORT ON FORM 10-K AND SHOULD BE READ IN CONJUNCTION WITH IT. Our condensed consolidated financial statements should also be read in conjunction with this analysis. The following analysis includes a discussion of the per tonne measures derived from the condensed consolidated financial statements, […]]]>

THE FOLLOWING DISCUSSION UPDATE THE MD&A SECTION OF OUR 2021 ANNUAL REPORT ON FORM 10-K AND SHOULD BE READ IN CONJUNCTION WITH IT.

Our condensed consolidated financial statements should also be read in conjunction with this analysis. The following analysis includes a discussion of the per tonne measures derived from the condensed consolidated financial statements, which are considered non-GAAP measures. These measures are important factors in evaluating our operating results and profitability.

Thermal coal demand and prices remain strong due to increased demand for electricity and limited growth in thermal coal generation. Labor shortages, global supply chain disruptions, and environmental and political pressures limit operators’ ability to scale up thermal coal production to meet domestic and international demand. In addition, rising natural gas prices and Russian coal boycotts caused by the war in Ukraine are further amplifying tensions in the thermal coal markets. Due to these factors, the near-term outlook for thermal coal prices is positive.




OVERVIEW



  I.   Q1 2022 Net Loss $10.1 million.




        a.   The world is in the middle of an energy crisis, which has increased
             the prices of most everything related to energy.  In Q1, Hallador was
             in the unfortunate position of having its sales price hedged, so we
             could not take advantage of significantly higher market prices, while
             our input costs increased significantly year over year due to supply
             disruption and inflationary pressure.  Additionally, our productivity
             was low as we integrated an expanded, but newer, workforce.




        b.   Our margins were reduced to a point where our debt to adjusted EBITDA
             ratio came in at 3.03X, causing us to work with our banking group to
             gain covenant relief through Q2.




        c.   1.4 million tons were shipped at an average sales price of $41.40
             during the quarter.




        d.   Production:  Q1 2022 production costs were $39.54 per ton, which
             represents a $4.42 per ton increase over Q4 2021.




        e.   Cash Flow & Debt:  During Q1, we generated $3.0 million in operating
             cash flow and increased our bank debt by $8.3 million.




          i.   As of March 31, 2022, our bank debt was $120.1 million, liquidity
               was $16.3 million, and our leverage ratio came in at 3.03X, a
               violation of our 3.00X covenant.




  II.   Q2 2022 Activity




  a.   Financing




          i.   The Company was successful in executing an amendment with our
               banks loosening our debt to EBITDA covenant for Q1 and Q2, as
               disclosed in Note 5 to our condensed consolidated financial
               statements.




          ii.   In May, we issued $10 million in convertible notes to add to our
                March 31, 2022 liquidity of $20.6 million.  The notes were
                purchased by parties affiliated with four of our board members and
                one unrelated party.




  b.   Sales




          i.   We modified existing sales contracts, resulting in our average
               sales price increasing for the balance of 2022 - 2025. As the
               sales market is the strongest it has been in decades, we
               anticipate negotiating additional price increases for 2022-2023
               later in the year.




                                       16

————————————————– ——————————

  Table of Contents



  c.   Production




           i   We expect the production cost improvements we have experienced
               that started in the second quarter 2022, coupled with our
               anticipated sales price increases, to increase our margins from Q1
               and return them to our historical >$10 per margins in June.




  III.   Q3 & Q4 2022 Activity




  a.   Merom Generating Station




          i.   We anticipate closing on the acquisition of the Merom Power Plant
               in Q3 2022, subject to certain regulatory and financial approvals.




          ii.   Merom is expected to significantly add to the profitability of our
                company in 2022 and beyond.




  IV.   2023




  a.   Coal & Power




          i.   Our current 2023 average sales price is ~$4 per ton higher than
               2022.  Additionally, we reopen on price for ~25% of our coal
               production in 2023.  We assume we will be shipping these tons to
               our newly acquired Merom Plant in 2023, as this is our highest
               value use of these tons.  However, as a fallback position, these
               tons could be sold on the open market at margins in excess of
               $50/ton.




          ii.   Traditionally, Hallador has generated $50 million of adjusted
                EBITDA annually. In 2023, we expect our adjusted EBITDA to grow to
                over $150 million.




  V.    Solid Sales Position Through 2023




                     Contracted       Estimated
                        tons            price
      Year          (millions)*        per ton
  2022 (Q2-Q4)               5.7           41.30
  2023 (annual)              5.6           45.10
2024-2027 (total)            6.8              **
                            18.1


___________

* The tons under contract are subject to adjustment in the event of force majeure and the exercise of the customer’s options to take additional tons or reduce the tonnage if such an option exists in the customer’s contract.

**Unpriced or partially priced tons.

IMPAIRMENT REVIEW OF LONG-LIVED ASSETS



See   Note 2   to our condensed consolidated financial statements.



                                       17

————————————————– ——————————

Contents

CASH AND CAPITAL RESOURCES


  I.   Liquidity and Capital Resources




        a.   As set forth in our condensed consolidated statements of cash flows,
             cash provided by operations was $3.0 million for the three months
             ended March 31, 2022 and 2021.




           i.   Operating margins from coal decreased during the first three
                months of 2022 by $9.4 million when compared to the first three
                months of 2021.




              1.   Our operating margins were $1.86 per ton in the first three
                   months of 2022 compared to $10.20 in the first three months
                   of 2021 as a direct result of increased operating costs.




  2.   We expect to ship 6.5 to 7.0 million tons in 2022.




        b.   Our projected capex budget for the remainder of 2022 is $18 million,
             of which approximately $10 million is for maintenance capex.  We also
             have scheduled payments on long-term debt totaling $16.5 million over
             the last nine months of the year. We were in violation of our debt to
             EBITDA covenant as of March 31, 2022 but obtained a bank amendment
             that cured the violation.  However, as of March 31, 2022, all bank
             debt is classified as current as we may have future covenant
             violations within the next 12 months.  See Note 1 to the condensed
             consolidated financial statements for discussion of the violations
             and managements plans to address them.




        c.   We expect cash provided by operations and additional borrowing either
             from our revolver or other sources, if necessary, to fund our
             maintenance capital expenditures and debt service.




        d.   In Q1 2022, we generated lower than expected EBITDA due to elevated
             cash costs related to: i) a temporary decrease in efficiency, as new
             hires were integrated into the workforce to support more shifts
             required to fulfill the increase in contracted tonnage, and ii)
             supply constraints and vendor cost increases. We amended our bank
             agreement in May 2022 to provide covenant relief to maintain our
             liquidity levels as costs are anticipated to improve over the
             remainder of 2022.




        e.   See Note 5 to our condensed consolidated financial statements for
             additional discussion about our bank debt, related liquidity, and our
             projected covenant violations.  See Note 1 to our condensed
             consolidated financial statements for management's plans to address
             the anticipated violations.




  II.   Material Off-Balance Sheet Arrangements




        a.   Other than our surety bonds for reclamation, we have no material
             off-balance sheet arrangements. In the event we are not able to
             perform reclamation, which is presented as asset retirement
             obligations (ARO) in our accompanying condensed consolidated balance
             sheets, we have surety bonds totaling $23.4 million to pay for ARO.

© Edgar Online, source Previews

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Autoscope Technologies (AATC) vs Competitors Head-to-Head Review https://atrx.net/autoscope-technologies-aatc-vs-competitors-head-to-head-review/ Sat, 21 May 2022 22:24:07 +0000 https://atrx.net/autoscope-technologies-aatc-vs-competitors-head-to-head-review/ Autoscope Technologies (NASDAQ:AATC – Get Rating) is one of 28 public companies in the “Measurement and Control Devices, Not Elsewhere Classified” industry, but how does it stack up against its competitors? We will compare Autoscope Technologies to similar companies based on its dividend strength, profitability, analyst recommendations, earnings, institutional ownership, valuation and risk. Dividends Autoscope […]]]>

Autoscope Technologies (NASDAQ:AATC – Get Rating) is one of 28 public companies in the “Measurement and Control Devices, Not Elsewhere Classified” industry, but how does it stack up against its competitors? We will compare Autoscope Technologies to similar companies based on its dividend strength, profitability, analyst recommendations, earnings, institutional ownership, valuation and risk.

Dividends

Autoscope Technologies pays an annual dividend of $0.48 per share and has a dividend yield of 7.9%. Autoscope Technologies pays 228.6% of its earnings as a dividend, suggesting it may not have enough earnings to cover its dividend payment in the future. As a group, the “Measuring and Control Devices, Not Elsewhere Classified” companies pay a dividend yield of 0.9% and pay out 25.2% of their profits as a dividend.

Valuation and benefits

This chart compares the revenue, earnings per share (EPS), and valuation of Autoscope Technologies and its competitors.

Gross revenue Net revenue Price/earnings ratio
Autoscope Technologies $13.24 million $2.30 million 28.86
Competitors of Autoscope Technologies $2.66 billion $435.24 million 11.09

Autoscope Technologies’ competitors have higher revenues and profits than Autoscope Technologies. Autoscope Technologies trades at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Risk and Volatility

Autoscope Technologies has a beta of 0.9, indicating that its stock price is 10% less volatile than the S&P 500. Comparatively, Autoscope Technologies’ competitors have a beta of 1.03, indicating that their average price is 3% more volatile than the S&P 500. .

Analyst Notes

This is a breakdown of recent recommendations for Autoscope Technologies and its competitors, as reported by MarketBeat.

Sales Ratings Hold odds Buy reviews Strong buy odds Rating
Autoscope Technologies 0 0 0 0 N / A
Competitors of Autoscope Technologies 154 686 951 28 2.47

As a group, the “Measuring and Control Devices, Not Elsewhere Classified” companies have an upside potential of 28.51%. Since Autoscope Technologies’ competitors have higher upside potential, analysts clearly believe that Autoscope Technologies has less favorable growth aspects than its competitors.

Profitability

This table compares the net margins, return on equity and return on assets of Autoscope Technologies and its competitors.

Net margins Return on equity return on assets
Autoscope Technologies 9.07% 5.88% 5.41%
Competitors of Autoscope Technologies -3,288.70% 4.83% 1.80%

Insider and Institutional Ownership

18.4% of Autoscope Technologies shares are held by institutional investors. In comparison, 61.0% of the shares of all “Measurement and control devices, not elsewhere classified” companies are held by institutional investors. 21.6% of Autoscope Technologies shares are held by insiders. By comparison, 16.1% of the shares of all “Measuring and Control Devices, Not Elsewhere Classified” companies are held by insiders. Strong institutional ownership indicates that endowments, hedge funds, and large money managers believe a stock is poised for long-term growth.

Autoscope Technologies Company Profile (Get an assessment)

Autoscope Technologies Corporation develops and markets video and radar processing products for use in intersection control, highway, bridge and tunnel traffic management, and traffic data collection applications in Asia-Pacific, Europe, in the Middle East and North America. It operates in two segments, Intersection and Highway. The company provides Autoscope video systems that process video input of a real-time traffic scene and extract traffic data, including vehicle presence, bicycle presence/differentiation, counts, speed, length, time occupancy, turning movements and flow; and RTMS radar systems that use radar to measure vehicle presence, volume, occupancy, speed, and classification information for pavement monitoring applications. It also offers the IntellitraffiQ software which can measure traffic and collect data on large and small areas. The Company markets and sells its products to end users including federal, state, municipal and county departments of transportation, ports, highways, tunnels and other transportation authorities, as well as systems integrators or other system and service providers who operate under subcontracts under road construction contracts. Autoscope Technologies Corporation was founded in 1984 and is based in Minneapolis, Minnesota.



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United States Steel (NYSE:X) Upgraded to “Strong-Buy” at Zacks Investment Research https://atrx.net/united-states-steel-nysex-upgraded-to-strong-buy-at-zacks-investment-research/ Thu, 19 May 2022 15:41:40 +0000 https://atrx.net/united-states-steel-nysex-upgraded-to-strong-buy-at-zacks-investment-research/ United States Steel (NYSE:X – Get Note) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a note released Thursday to investors, Zacks.com reports. The company currently has a price target of $29.00 on shares of the basic materials company. Zacks Investment Research’s price target suggests a potential upside […]]]>

United States Steel (NYSE:X – Get Note) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a note released Thursday to investors, Zacks.com reports. The company currently has a price target of $29.00 on shares of the basic materials company. Zacks Investment Research’s price target suggests a potential upside of 20.23% from the stock’s previous close.

According to Zacks, “US Steel is well positioned to take advantage of the dramatic rebound in steel prices, primarily due to escalating supply disruptions caused by the Russian-Ukrainian conflict. We expect US Steel revenue to grow 5.9% in 2022, reflecting rising steel prices. Strong end-market demand and tight supply conditions are expected to support steel prices, helping the company offset rising input costs. Big River’s cost structure improvement actions and investment should also work in its favour. Big River’s investment strengthened the company’s position in high-margin steel end markets. US Steel’s strong liquidity position will also allow it to meet its short-term obligations. It also remains committed to increasing shareholder value by building on a strong balance sheet. All of these factors support our bullish stance on the stock.

A number of other equity research analysts have also recently commented on X. Goldman Sachs Group raised its price target on United States Steel from $28.00 to $31.00 and assigned the company a rating. of “sale” in a Tuesday, March 22 research report. JPMorgan Chase & Co. raised its price target on United States Steel from $30.00 to $33.00 and gave the stock an “underweight” rating in a Thursday, March 24 report. StockNews.com upgraded United States Steel from a “hold” rating to a “buy” rating in a report on Tuesday. Finally, Morgan Stanley upgraded United States Steel from an “underweight” rating to an “equally weighted” rating and raised its price target for the stock from $21.00 to $31.00 in a report from the Sunday March 6. Three investment analysts have assigned the stock a sell rating, three have assigned a hold rating, three have assigned a buy rating and one has assigned the company’s stock a strong buy rating. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $31.44.

Shares of NYSE X traded down $0.13 on Thursday, hitting $24.12. The company had a trading volume of 208,939 shares, compared to its average volume of 14,635,131. The company has a quick ratio of 1.30, a current ratio of 1.90 and a leverage ratio of 0. ,40. United States Steel has a 12-month low of $17.98 and a 12-month high of $39.25. The company has a 50-day moving average of $32.94 and a two-hundred-day moving average of $27.30. The company has a market capitalization of $6.29 billion, a P/E ratio of 1.40 and a beta of 2.00.

United States Steel (NYSE:X – Get Rating) last reported quarterly earnings data on Thursday, April 28. The basic materials company reported earnings per share (EPS) of $3.05 for the quarter, beating the consensus estimate of $2.95 by $0.10. The company posted revenue of $5.23 billion for the quarter, versus $5.26 billion expected by analysts. United States Steel had a return on equity of 54.02% and a net margin of 23.01%. United States Steel’s revenue for the quarter increased 42.8% compared to the same quarter last year. In the same quarter a year earlier, the company posted earnings per share of $1.08. On average, sell-side analysts expect United States Steel to post earnings per share of 11.47 for the current year.

Separately, CFO Christine S. Breves sold 2,217 shares in a transaction dated Thursday, April 14. The shares were sold at an average price of $38.00, for a total value of $84,246.00. Following the completion of the sale, the CFO now owns 215,875 shares of the company, valued at $8,203,250. The transaction was disclosed in a filing with the SEC, accessible via this link. Additionally, Chief Financial Officer Christine S. Breves sold 22,387 shares in a trade dated Wednesday, April 6. The shares were sold at an average price of $36.90, for a total transaction of $826,080.30. Following the completion of the sale, the CFO now owns 215,875 shares of the company, valued at approximately $7,965,787.50. The disclosure of this sale can be found here. In the past ninety days, insiders have sold 195,343 shares of the company worth $6,804,448. 1.20% of the shares are currently held by insiders of the company.

Hedge funds and other institutional investors have recently increased or reduced their stakes in the stock. Golden State Equity Partners bought a new position in United States Steel during the first quarter for a value of approximately $523,000. Range Financial Group LLC bought a new position in United States Steel during the first quarter for a value of approximately $1,061,000. Delphia USA Inc. increased its stake in United States Steel shares by 11.1% in the first quarter. Delphia USA Inc. now owns 38,359 shares of the basic materials company valued at $1,448,000 after acquiring 3,820 additional shares in the last quarter. Forum Financial Management LP bought a new position in United States Steel stock in the first quarter valued at around $206,000. Finally, Guggenheim Capital LLC increased its stake in United States Steel shares by 28.0% in the first quarter. Guggenheim Capital LLC now owns 68,467 shares of the basic materials company valued at $2,584,000 after acquiring an additional 14,984 shares in the last quarter. Institutional investors and hedge funds hold 72.56% of the company’s shares.

About United States Steel (Get a rating)

United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. It operates through four segments: North American Flat-Rolled (Flat-Rolled), Mini Mill, US Steel Europe (USSE) and Tubular Products (Tubular). The Flat Rolled Products segment offers slabs, strip rolling plates, sheets and tinned products, as well as iron ore and coke.

See also

Get a Free Copy of Zacks’ Research Report on United States Steel (X)

For more information on Zacks Investment Research’s research offerings, visit Zacks.com

Analyst Recommendations for United States Steel (NYSE:X)



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Stocks to watch: LIC, IndiGo, GSK Pharma, Max Health, PSU, Bharat Forge https://atrx.net/stocks-to-watch-lic-indigo-gsk-pharma-max-health-psu-bharat-forge/ Tue, 17 May 2022 02:42:00 +0000 https://atrx.net/stocks-to-watch-lic-indigo-gsk-pharma-max-health-psu-bharat-forge/ Stocks to watch today: The Sensex and Nifty are looking to start Tuesday’s session on a dismal note as global sentiment remains muted. As of 7:30 a.m., SGX Nifty futures were trading at 15,890 levels, hinting at an opening gain of 40-50 odd points for the Nifty. That aside, the debut in the […]]]>

Stocks to watch today: The Sensex and Nifty are looking to start Tuesday’s session on a dismal note as global sentiment remains muted. As of 7:30 a.m., SGX Nifty futures were trading at 15,890 levels, hinting at an opening gain of 40-50 odd points for the Nifty. That aside, the debut in the LIC market will be in focus today. Investors will also be keeping a close eye on the Wholesale Price Index (WPI) reading for April, which will be announced later today. In the meantime, here are the stocks to watch in trading today:

4th Quarter Revenues: Bharti Airtel, Indian Oil Corporation, DLF, PI Industries, Abbott India, Bajaj Electricals, Bajaj Healthcare, EID Parry (India), Indoco Remedies, IRB Infrastructure Developers, Jubilant Ingrevia, Kajaria Ceramics, Dr Lal PathLabs, Minda Corporation, Sapphire Foods India , Fairchem Organics, Galaxy Surfactants, GMR Infrastructure, NOCIL, Nucleus Software Exports, Sun Pharma Advanced Research Company and Zydus Wellness will be in focus ahead of their fourth quarter results today.

LIC: The state-owned insurance giant will go public today. LIC’s shares were trading at a discount of 15 to 20 rupees per coin from its issue price of 949 rupees on the gray market before its listing. Read here

PSU Actions and Insurance: Shares of UAPs and insurance companies will also be in focus ahead of LIC’s listing today.

Indigo: The DGCA aviation regulator has found the company’s treatment of a special child to be inappropriate. The company said it received communications from the DGCA about the handling of a special child at Ranchi Airport. The DGCA will issue a show cause notice to Indigo to explain itself.

Airlines companies: Jet fuel prices rose 5.3% on Monday – the tenth straight increase this year – to a record high, in line with a surge in global energy prices. Airlines will be the focus of attention, as jet fuel accounts for the majority of their input costs.

GlaxoSmithKline Pharmaceuticals: The company reported a consolidated net loss of Rs 55 crore from continuing operations for the March quarter (Q4FY22). The pharmaceutical company had reported a net profit of Rs 4 crore for Q4FY21. Operating revenue reached Rs 810 crore for the fourth quarter from Rs 744 crore a year ago.

Bharat’s Forge: The auto components major reported a 9.3% increase in its consolidated net profit to Rs 231.86 crore in the fourth quarter ended March 2022, on the back of an increase in revenue. The company had posted a consolidated net profit of Rs 212.12 crore in the same period last year. Read here

Capital Aditya Birla: The company said an independent committee investigating a whistleblower complaint found no basis for the allegations against Aditya Birla Sun Life and its employees. He added that the complaint did not contain allegations against CEO Ajay Srinivasan.

Srinivasan had expressed interest in taking on a new role within the group, which led to him stepping down as CEO of Aditya Birla Capital.

Raymond: The company reported a profit of Rs 265 crore in the March quarter against Rs 59 crore a year ago. Revenue for the quarter rose 44% year-on-year to Rs 1,958 crore. EBITDA increased by 84% year-on-year to Rs 285 crore.

VIP Industries: The company reported a profit of Rs 12 crore in the March quarter compared to a loss of Rs 4 crore a year ago. Revenue for the quarter stood at Rs 356 crore compared to Rs 243 crore last year. EBITDA was Rs 33 crore versus Rs 3 crore.

Max Health: The hospital chain has approved the merger of its 100% subsidiaries – Alps Hospital and Max Hospitals. The company said the program is subject to necessary legal and regulatory approvals.

Kajaria ceramics: The company said it has started commercial production of ceramic floor tiles and vitrified tiles at manufacturing plants in Gailpur, Rajasthan, and Chittoor, Andhra Pradesh. Rajasthan plant capacity increased to 4.2 MSM per year for ceramic floor tiles, while Chittoor plant capacity increased to 3.8 MSM per year for vitrified tile manufacturing .

SJVN: The company will develop another Arun-4 hydropower project worth Rs 4,900 crore in Nepal. A memorandum of understanding for the development of the 490 MW Arun-4 hydropower project in Nepal was signed in Lumbini, Nepal, in the presence of Prime Minister Narendra Modi and Nepalese Prime Minister Sher Bahadur Deuba, the company announced in a statement.

KEC International: The company has won orders worth Rs 1150 crore in its various businesses. The company said the various orders in the civil business further strengthen the diversification of our portfolio and reaffirm our confidence that this business will continue to grow strongly in the future.

Infra IRB: The company said its gross toll collections in April stood at Rs 327 crore compared to Rs 306.66 crore in March. Gross toll collections in April last year were Rs 196.64 crore. The company said on April 21 that toll collection had been suspended due to unrest from farmers.

India Steel Exchange: The company’s board has approved a plan to raise up to Rs 600 crore through rights issue or FPO. In addition, the board also approved a stock split at a ratio of 1:10.

Stocks under F&O prohibition: GNFC, PNB and Indiabulls Housing Finance are on F&O bans today.

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Amendments to downtown pattern book code are on hold after business committee raises objections https://atrx.net/amendments-to-downtown-pattern-book-code-are-on-hold-after-business-committee-raises-objections/ Fri, 13 May 2022 12:33:21 +0000 https://atrx.net/amendments-to-downtown-pattern-book-code-are-on-hold-after-business-committee-raises-objections/ It’s back to the drawing board for proposed zoning changes that would implement the design guidelines from the Downtown Model Book. After Riverhead’s Business Advisory Committee objected to sustainability goals and design requirements for new development, members of city council yesterday said they would not move forward on proposed code changes that have made the […]]]>

It’s back to the drawing board for proposed zoning changes that would implement the design guidelines from the Downtown Model Book.

After Riverhead’s Business Advisory Committee objected to sustainability goals and design requirements for new development, members of city council yesterday said they would not move forward on proposed code changes that have made the subject to a public hearing on May 3. The public hearing file was left open for written comments until 4:30 p.m. today.

Councilor Bob Kern, the city council’s liaison to the business advisory committee, said at yesterday’s business session that he wanted to table resolutions adopting the proposed amendments after hearing the committee’s concerns, which were summarized in an email to city council by committee chairman Martin Sendlewski. .

Sendlewski’s email lists the committee’s numerous concerns and objections to the proposed code review, which largely repeat concerns expressed by Sendlewski at last week’s public hearing. Among them:

  • Eliminate the 40% green roof mandate, which the committee said would increase construction costs. Instead, the goal of a green roof should be incentive: add 50% of a fifth floor in exchange for a 40% green roof;
  • Eliminate the net zero energy standard. “It is expensive and would be a burden on many projects. We encourage energy standards, but we again recommend incentives for them (like the fifth floor),” Sendlewski wrote.
  • Maintain 80% lot coverage. The proposed code would allow for 100% coverage of the lot, while reducing the maximum building height to four stories from the current five stories and requiring a 45 degree setback on the fourth floor. One hundred percent coverage of the lot “does not allow for most of the public-private spaces (sidewalk seating, etc.) that the guidelines strive to achieve,” Sendlewski wrote. The current maximum of 80% lot coverage should be retained and the city should “require the use of rain gardens for additional greenery to soften the streetscape. This is a better application of stormwater mitigation than a green roof,” Sendlewski wrote.

Code design requirements are “primarily subjective in nature” and should be guidelines rather than requirements, he wrote. These subjective standards are difficult to define and would limit the “creative design” of buildings that would work well downtown, Sendlewski wrote. The committee advocates eliminating them as requirements, he said.

“As a result of our review, we have, by unanimous majority vote of a quorum present, identified numerous areas of the proposed revisions that are problematic and will cause harm to businesses and landowners in the DC- 1,” Sendlewski wrote.

The proposed code changes would implement the design standards and guidelines from the Downtown Design Book, proposed by the Riverhead Downtown Revitalization Committee and prepared by Urban Design Associates, after significant input from the community gained through meetings and online tools, including two surveys and an interactive map.

The Business Advisory Committee would like to meet with the Downtown Revitalization Committee and Barry Long, who led the pattern book project for Urban Design Associates, Sendlewski wrote.

Kern, a member and chairman of the business advisory committee before his election to city council last year, said at yesterday’s business session that he had already spoken to community development manager Dawn Thomas, who said “she would make it happen”.

Downtown Revitalization Committee Co-Chair James Farley declined to comment yesterday.

The model book, commissioned by City Council in August 2019, was adopted by City Council on January 20, 2021. It includes recommendations for the size, scale and character of future development in the town centre.

Code revisions currently before City Council would implement the design standards and guidelines of the Pattern Book by: limiting building height to four stories or 50 feet high (compared to the current maximum of five stories or 60 feet tall) high); reduce the floor area ratio, which determines the developable area of ​​a property; and requiring certain architectural design elements. Projects already under review before the adoption of the model book would be exempt from the new requirements.

Vocal residents who helped develop the pattern book, including former councilor Catherine Kent, urged council to adopt the code proposal “as is” at the public hearing.

See previous cover: Voice Residents Ask Council to Adopt Pattern Book Code; new parking code needs more work, committee members say

Resolutions adopting the proposed revisions to the code were included in the package of measures considered by the board yesterday for possible vote at its next regular meeting on Wednesday, May 18.

“I think you get consensus that most of us are not happy with the way things are written,” Councilman Ken Rothwell said during the business session.

“So I think we just have to come back to the table, take out the things we want, rewrite them, have a new public hearing and reissue it with some of the corrections,” Rothwell said. “Personally, I think our local downtown businesses don’t have to grow grass on their roofs. I think we went a little too far, you know, on the green side of things for me.

Hubbard and former councilor Jodi Giglio voted against developing a model book for downtown development, an idea brought to the board by the downtown revitalization committee and championed by Kent, who acted as liaison with the committee. Both said they thought it was a wasteful and expensive undertaking. The board of directors voted 3 to 2 to authorize the project.

Supervisor Yvette Aguiar, in her 2019 campaign to oust then outgoing Supervisor Laura Jens-Smith, who supported the pattern book, criticized the administration’s $175,000 investment in the pattern book project, which , she said, was an unnecessary “half-step” that would only delay progress downtown.

Aguiar and Hubbard joined Kent, Rothwell and adviser Frank Beyrodt in adopting the pattern book in January 2021.

In February 2021, the Business Advisory Committee, then chaired by Kern, raised the same objections to lot coverage and favored an incentive-based system for many aspects of the model book, including area ratio to the ground and the limit of four stories and 50 feet. .

The board yesterday agreed to delay voting on proposed revisions to the code pending further discussion at a future business session.

If the proposed code changes are significantly revised, the city council will need to hold another public hearing before adoption.

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Global Massive MIMO (Multiple-Input Multiple-Output) Market Report 2022 with a Focus on Key Players – China United Network Communications Group, Ericsson, Huawei, Nokia, Samsung, Xilinx and ZTE – ResearchAndMarkets.com https://atrx.net/global-massive-mimo-multiple-input-multiple-output-market-report-2022-with-a-focus-on-key-players-china-united-network-communications-group-ericsson-huawei-nokia-samsung-xilinx-and-zte-rese/ Wed, 11 May 2022 13:01:00 +0000 https://atrx.net/global-massive-mimo-multiple-input-multiple-output-market-report-2022-with-a-focus-on-key-players-china-united-network-communications-group-ericsson-huawei-nokia-samsung-xilinx-and-zte-rese/ The “Massive MIMO – Global Market Trajectory & Analytics” report has been added to from ResearchAndMarkets.com offer. Massive Global MIMO Market to Hit $14.6 Billion by 2026 The global massive MIMO market, estimated at US$1.6 billion in 2020, is expected to reach a revised size of US$14.6 billion by 2026, growing at a CAGR of […]]]>

The “Massive MIMO – Global Market Trajectory & Analytics” report has been added to from ResearchAndMarkets.com offer.

Massive Global MIMO Market to Hit $14.6 Billion by 2026

The global massive MIMO market, estimated at US$1.6 billion in 2020, is expected to reach a revised size of US$14.6 billion by 2026, growing at a CAGR of 44.8% over the analysis period.

Over the years, MIMO has evolved into an integral aspect of wireless communication standards, including IEEE 802.11ac (Wi-Fi), IEEE 802.11n (Wi-Fi), WiMAX, HSPA+ (3G) and 4G Long Term Evolution (4G LTE). MIMO is also applied to powerline communication for 3-wire deployments, as part of the HomePlug AV2 specification and the ITU G.hn standard.

Massive MIMO, considered an extension of the MIMO technique, promises better spectral efficiency as well as increased throughput by bringing the receive and transmit antennas closer together. Massive MIMO technology thus offers several antennas, useful for mobile devices and base stations. Massive MIMO antennas are capable of increasing system capacity, improving throughput, improving spectral efficiency, increasing resistance and reducing fading.

LTE Advanced, one of the segments analyzed in the report, is expected to register a CAGR of 37.5% and reach US$9.2 billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the LTE Advanced Pro segment is readjusted to a revised CAGR of 47.1% for the next 7-year period.

The US market is estimated at $597.1 million in 2021, while China is expected to reach $3.3 billion by 2026

The massive MIMO market in the United States is estimated to be worth US$597.1 million in 2021. China, the world’s second largest economy, is expected to reach a projected market size of US$3.3 billion by 2026, with a CAGR of 54.8% over the analysis period.

Other noteworthy geographic markets include Japan and Canada, each forecasting growth of 31.2% and 38.2% respectively over the analysis period. In Europe, Germany is expected to grow at a CAGR of approximately 36.9%.

Rapid demand for high-speed Internet services from the residential and business sectors and strong growth in data volumes are a major driver of the massive MIMO market. Over the years, the Internet has established itself as a powerful platform transforming the way businesses operate and users communicate.

As the world’s preferred medium of communication, the Internet has played a vital role in creating a globalized world and has become the universal source of information for people and businesses around the world. The internet is constantly evolving, with mobile technology and social media being among the most recent evolutionary changes in the internet world.

The demand for the internet has grown at a steady pace over the years, driven by advancements in the digital infrastructure and services space. The demand for Internet services is particularly high in developing economies where Internet service penetration is relatively low compared to mature markets.

The rise of Internet-based applications for business and personal users contributes to the ever-increasing demand for Internet services. The growing proliferation of Internet-enabled devices is emerging as one of the main growth drivers for high-speed Internet services. Equipped with the ability to provide connectivity to the Internet, these smart devices are capable of providing users with connectivity to desired information or content.

The convergence of conventional data and voice communications with Internet Protocol-based content delivery networks is generating new services in several markets. Internet-enabled devices are poised for explosive growth in shipping volume, driven by strong growth in mobile professionals, Platinum travelers and data-centric consumers to connect, share and have fun.

5G segment will reach $2 billion by 2026

5G networks are expected to offer the highest growth opportunities in the future. Massive MIMO should attract particular attention in the 5G era due to its many advantages. Multi-antenna technology is an advanced version of standard MIMO that uses up to 8 x 8 antennas.

Current research efforts are focused on increasing the number of antennas to 100 or more using GHz frequencies and antennas with small apertures. Massive MIMO has the potential to transform wireless communications by improving data rates and link reliability while reducing error rates and costs. In addition to improving spectrum efficiency by exploiting the spatial domain, massive MIMO introduces more antennas to enable scalable use of low-cost, low-power components.

Massive MIMO is a promising option for 5G which uses higher radio spectrums compared to 2G/3G/4G, such as centimeter and millimeter waves. In the global 5G segment, the United States, Canada, Japan, China and Europe will drive the estimated CAGR of 82.3% for this segment. These regional markets represented a combined market size of US$35 million in 2020.

China will remain among the fastest growing markets in this group of regional markets. Led by countries like Australia, India, and South Korea, the Asia-Pacific market is expected to reach US$606.1 million by 2026.

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • Overview of the influencer market

  • Global Market Trajectories

  • Telecommunications industry faces pressure amid COVID-19 outbreak

  • Telecom sector: an essential support system for the management of the COVID-19 crisis

  • The COVID-19 crisis is having a negative impact on the evolution of 5G

  • Demand for 5G smartphones is expected to be reduced in 2020

  • Growing focus on connectivity heralds a bright long-term future for the telecom industry

  • An introduction to Massive MIMO

  • Advantages and disadvantages of massive MIMO

  • Massive Increase in Data Consumption Propels Massive Global MIMO Market

  • Massive MIMO to make massive gains in the 5G era

  • Competition

  • Number of Massive MIMO products offered by major vendors

  • A look at some innovations

  • Global brands

  • Recent market activity

2. FOCUS ON SELECT PLAYERS (Total 35 Featured)

  • China United Network Communications Group Co., Ltd.

  • Ericsson

  • Huawei Technologies Co., Ltd.

  • Nokia Company

  • Samsung Electronics Co., Ltd.

  • Xilinx, Inc.

  • ZTE Company

3. MARKET TRENDS AND DRIVERS

  • Attributes such as high signal-to-noise ratio and link reliability make massive MIMO a preferred technology

  • Rising need for high-speed internet and growing data volumes on handheld devices are fueling the massive growth of the MIMO market

  • Increasing smartphone proliferation and growing demand for high-speed data communications present growth potential

  • Base station antennas play a vital role for mobile telecommunications companies

  • Massive MIMO is finding immense use in the mobile communications market for software implementation: a growth indicator

  • Disruptive Popularity of 802.11ac Wave 2 Accelerates Growth in Massive MIMO Market

  • Massive MIMO: a boon for next-generation mobile networks

  • Advances in 4G LTE and 4.5G data models drive rapid demand for Massive MIMO

  • Transition to high-speed 5G networks to boost massive MIMO implementations

  • mmWave band for 5G network

  • Using 5G chipsets for mmWave

  • Fully programmable RFSoCs to manage system complexity

  • Key Deployment Challenges for Massive MIMO in 5G Networks

  • Use of Massive MIMO in high-speed, long-range applications continues to grow

  • Beamforming and Massive MIMO: the basis of signal processing in 5G networks

  • The combined capabilities of the mmWave bands and massive MIMO offer significant potential for next-generation wireless communication systems

  • Growing pressure on wireless networks reinforces the importance of advanced base station antennas

  • FDD solutions are essential to enable massive MIMO

  • Key research areas in the Massive MIMO technology space

  • Key Challenges Facing the Massive MIMO Market

  • Massive MIMO brings more complexity

  • Need accurate channel modeling to understand complexity

  • Need for new modeling techniques

  • Hybrid Operator Eye Approach to Overcoming Typical Massive MIMO Concerns

4. GLOBAL MARKET OUTLOOK

III. REGIONAL MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/z4lqkf

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2022-2029 Stable Isotope Ratio Mass Spectrometer Consumption Market Overview | Key Players – Thermo Fisher Scientific, Isoprime, Sercon, Nu Instruments, https://atrx.net/2022-2029-stable-isotope-ratio-mass-spectrometer-consumption-market-overview-key-players-thermo-fisher-scientific-isoprime-sercon-nu-instruments/ Fri, 06 May 2022 04:30:39 +0000 https://atrx.net/2022-2029-stable-isotope-ratio-mass-spectrometer-consumption-market-overview-key-players-thermo-fisher-scientific-isoprime-sercon-nu-instruments/ The Latest Market Research Report analyzes the Stable Isotope Ratio Mass Spectrometer Consumption Market Demand by Different Segments Size, Share, Growth, Industry Trends and Forecast to 2028 in its database, which depicts a systematic picture of the market and provides an in-depth explanation of the various factors expected to drive market growth. The Universal Stable […]]]>

The Latest Market Research Report analyzes the Stable Isotope Ratio Mass Spectrometer Consumption Market Demand by Different Segments Size, Share, Growth, Industry Trends and Forecast to 2028 in its database, which depicts a systematic picture of the market and provides an in-depth explanation of the various factors expected to drive market growth. The Universal Stable Isotope Ratio Mass Spectrometer Consumption Market Research Report is the high-quality report containing in-depth market research. It presents a definitive solution to gain market insights with which the market can be visualized clearly and thus important decisions for the growth of the business can be taken. All data, facts, figures and information covered in this business document are supported by renowned analytical tools including SWOT analysis and Porter’s five forces analysis. There are a number of steps used while preparing the Stable Isotope Ratio Mass Spectrometer consumption report taking into consideration feedback from a dedicated team of researchers, analysts and forecasters.

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The forecasted sale of a product is also included in this Stable Isotope Ratio Mass Spectrometer consumption market report, which helps market players to bring new products to market and avoid errors. It suggests which parts of the business need to be improved for the business to succeed. It’s also easy to discover a new chance to stay ahead of the market, and this market research report provides the latest trends to help you place your business in the market and gain a significant advantage. .

One of the crucial parts of this report includes the leading vendor’s discussion of the Stable Isotope Ratio Mass Spectrometer Consumption industry on the brand’s summary, profiles, market revenue, and financial analysis. The report will help market players to develop future business strategies and learn about the global competition. A detailed market segmentation analysis is done on producers, regions, type and applications in the report.

Key Players Covered in Stable Isotope Ratio Mass Spectrometer Consumption Markets:

  • Thermo Fisher Scientific
  • Isoprime
  • Sercon
  • Nude Instruments

Global Stable Isotope Ratio Mass Spectrometer Consumption Market Segmentation:

Stable Isotope Ratio Mass Spectrometer Consumption Market Split By Type:

  • GC-IRMS
  • EA-IRMS
  • LC-IRMS
  • Others

Stable Isotope Ratio Mass Spectrometer Consumption Market Split By Application:

  • Scientific Research
  • Commercial
  • Others

The analysis in the study has been conducted across the globe and presents the current and traditional growth analysis, competition analysis, and growth prospects of the central regions. With industry-standard analytical accuracy and high data integrity, the report offers an excellent attempt to highlight major opportunities available in the global Stable Isotope Ratio Mass Spectrometer consumption market to help players to establish strong market positions. Buyers of the report can access verified and reliable market forecasts including those regarding the overall size of the Global Stable Isotope Ratio Mass Spectrometer Consumption Market in terms of sales and volume.

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Scope of the Stable Isotope Ratio Mass Spectrometer Consumption Market Report

Report attribute Details
Market size available for years 2022 – 2030
Reference year considered 2021
Historical data 2018 – 2021
Forecast period 2022 – 2030
Quantitative units Revenue in USD Million and CAGR from 2022 to 2030
Segments Covered Types, applications, end users, and more.
Report cover Revenue Forecast, Business Ranking, Competitive Landscape, Growth Factors and Trends
Regional scope North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Scope of customization Free report customization (equivalent to up to 8 analyst business days) with purchase. Added or changed country, region and segment scope.
Pricing and purchase options Take advantage of personalized purchasing options to meet your exact research needs. Explore purchase options

Regional Market Analysis Consumption of Stable Isotope Ratio Mass Spectrometer can be represented as follows:

This part of the report assesses key regional and country-level markets on the basis of market size by type and application, key players, and market forecast.

Based on Geography, the Global Stable Isotope Ratio Mass Spectrometer Consumption Market has been segmented as follows:

    • North America includes the United States, Canada and Mexico
    • Europe includes Germany, France, UK, Italy, Spain
    • South America includes Colombia, Argentina, Nigeria and Chile
    • Asia Pacific includes Japan, China, Korea, India, Saudi Arabia and Southeast Asia

For more information or query or customization before buying, visit @ https://www.marketresearchintellect.com/product/global-stable-isotope-ratio-mass-spectrometer-consumption-market-size-and-forecast/

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JCB offers Fastrac tractors with all new technology driven controls https://atrx.net/jcb-offers-fastrac-tractors-with-all-new-technology-driven-controls/ Wed, 04 May 2022 07:49:53 +0000 https://atrx.net/jcb-offers-fastrac-tractors-with-all-new-technology-driven-controls/ JCB has launched the new Fastrac 4000 and 8000 series tractors featuring an all-new electronic infrastructure that delivers higher levels of performance and convenience while giving operators unprecedented choice in how they use their machine. Fastracs from 175 hp to 348 hp (133 kW to 260 kW) feature the new iCON armrest console and touchscreen […]]]>

JCB has launched the new Fastrac 4000 and 8000 series tractors featuring an all-new electronic infrastructure that delivers higher levels of performance and convenience while giving operators unprecedented choice in how they use their machine.

Fastracs from 175 hp to 348 hp (133 kW to 260 kW) feature the new iCON armrest console and touchscreen which provide exceptional flexibility in assigning controls and operator information, as well as a new transmission control strategy to deliver ultimate operator comfort and optimum powertrain efficiency. The tractors are also available with fully integrated ISOBUS, precise JCB GPS guidance and implement control apps which minimize the need for additional displays.

The new Fastrac iCON operator environment has three key features:

  • iCONFIGURE – create a tailored control experience for every operator
  • iCONNECT – incorporating advanced precision farming technology
  • iCONTROL – redefining operation with new transmission software

Above: The new Fastrac iCON offers a tailor-made control system for the operator

“We had three main objectives with this important project for JCB Fastrac: to create a bespoke operator experience; integrating electronic technology such as ISOBUS and GPS guidance; and redefining the already high level of operator control and ride comfort that the Fastrac offers,” said John Smith, Managing Director of JCB Agriculture. “At the same time, we wanted to maintain familiarity in terms of controls and information displays to ensure that existing users could quickly adapt to the new system. Feedback from our extensive development and testing work with evaluation customers shows that we have achieved all of these goals, making the Fastrac an even more compelling proposition in terms of performance, productivity and consumer appeal. ‘operator.

The iCON armrest console

At the heart of the new Fastrac iCON models is a new electronic infrastructure that allows a host of modern technology features to be fully integrated as standard or optional equipment.

The most obvious manifestation of this development is the new seat-mounted iCON armrest console and a 12-inch color touchscreen that can be positioned in front of the controls for easy viewing or moved to one side to maximize visibility at through the Fastrac’s large windshield.

The console houses a new primary joystick; assignable RGB LED color coded levers giving proportional control of electrically operated spool valves; PTO and hitch controls; an auxiliary joystick; and hard keys plus an encoder dial for a tactile alternative to touchscreen use.

Hydraulic functions can be freely assigned to the five main joystick buttons and also to a four-way auxiliary joystick with its four buttons and rocker switch, with LED color backlights identifying which valve is assigned to which control.

JCB’s new 12-inch high-definition touchscreen presents key information across five screens using crisp, clear graphics, with the basic run-screen layout designed to look familiar to current Fastrac users.

Swiping to the right brings up a more detailed operation screen that includes settings for up to six forward/reverse solenoid valves; two more retain critical vehicle status information while providing a remote camera view and ISOBUS 2 Universal Terminal screen; and a fifth screen is dedicated to JCB’s new satellite guidance and precision farming options.

JCB Headland Turn Assist now offers up to 50 individual sequences with up to 50 steps each, making life easier for the operator in different field operations.

In front of the operator, a new 7-inch all-digital instrument panel display provides speed and engine rpm readouts, as well as essential vehicle status information.

Above: Fastrac tractors offer Smart Transmission Control, a new speed-based system that allows operators to set the required ground speed

Choice of transmission control

Intelligent Transmission Control is a new speed-based system that allows operators to set the required ground speed and let the tractor do the hard work of balancing engine speed and gear ratio to achieve that speed under changing load.

For added convenience, joystick and pedal drive modes no longer need to be pre-selected – they are automatically selected when either control is used; and a unique feature allows operators to choose one of two input configurations when controlling the transmission using the joystick.

Current Fastrac operators may wish to use the JCB Classic setting, change ground speed by moving the joystick left and right, and select direction by moving it forwards and backwards.

Operators new to Fastrac may prefer the new JCB Pro format which transposes these functions – so push forward and pull back to change ground speed, move left to operate shuttle forward/reverse and move to the right to engage the new thumb wheel switch that provides very fine speed adjustments.

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Australian Broker Call *Extra* Edition – April 29, 2022 https://atrx.net/australian-broker-call-extra-edition-april-29-2022/ Fri, 29 Apr 2022 00:00:05 +0000 https://atrx.net/australian-broker-call-extra-edition-april-29-2022/ Daily Market Reports | 10:00 AM Additional reporting on changes in recommendation, valuation, forecast and opinion for stocks listed on the ASX. In addition to The Australian Broker Call Report, which is published and updated daily (Monday to Friday), FNArena has now added The Australian Broker Call *Extra* Edition, with additional sources of research and […]]]>

Daily Market Reports | 10:00 AM

Additional reporting on changes in recommendation, valuation, forecast and opinion for stocks listed on the ASX.

In addition to The Australian Broker Call Report, which is published and updated daily (Monday to Friday), FNArena has now added The Australian Broker Call *Extra* Edition, with additional sources of research and listed stock information on the ASX, also expanding the number of stocks that make up the FNArena universe.

A key difference is that the *Extra* edition will not be updated daily, but simply “regularly” based on the availability of appropriate quality content. As such, the *Extra* edition attempts to bridge the gap between daily updates via the Australian broker’s call report and ad hoc news, which is not always timely for investors eager for the next information update.

Investors using the *Extra* edition as a source of data for their own market research should therefore take into account that information after publication may not be up to date, or wait for a further update by the team of FNArena journalists.

Similar to The Australian Broker Call Report, this *Extra* edition includes concise but limited reviews of recently published research by stock brokers and other experts, which should be viewed as information regarding likely market behavior rather than advice on the titles mentioned. Do not act on the contents of this report without first reading the important information included at the end of this report.

The Australian Broker Call *Extra* Edition is a summary that has been prepared independently from identified sources. Readers should check the full text of the recommendations and consult with a licensed adviser before making any investment decision.

The copyright of this report belongs to the publisher. Readers will not copy, transmit or distribute this report to anyone else. For more vital information on the sources included, see the bottom of this report.

COMPANIES MENTIONED IN THIS ISSUE

Click on a symbol for quick access.
The number next to the symbol represents the number of brokers covering it for this report – (if more than 1)

ARX ​​BOE BPT (2) CAI CCX COD CV1 LOT MCR MIN (2) MMM NUF OZL (2) PCK PDN PEN PLT PPT PRU PYG S32 SOM UMG WHC WSP

ARX ​​AROA BIOSURGERY LIMITED

Pharmaceuticals and Biotech/Life Sciences – Overnight Price: $0.85

Canaccord Genuity ((ARX)) purchase rate (1) –

Canaccord Genuity is impressed with FY22 results that beat forecasts and forecasts, as headwinds from the pandemic at times limited access to hospitals and doctors.

The broker looks forward to potential catalysts for near-term momentum, including quarterly sales updates and the announcement or release of new supporting clinical data. Buy rating held with a target of $1.80.

This report was published on April 26, 2022.

The target price is $1.80 The current price is $0.85 Difference: $0.95
Yes ARX reaches the Canaccord Genuity target, it will earn approximately 112% (excluding dividends, fees and charges).
The company’s fiscal year ends in March.

Forecast for FY23:

Canaccord Genuity plans a full year EX23 dividend of 0.00 cents and EPS of minus 1.40 cents.
At the last closing price, the estimated price/earnings ratio (PER) of the stock is minus 60.71.

Forecast for FY24:

All consensus data is updated to yesterday. FNArena consensus calculations require a minimum of three sources

UMG UNITED MALT GROUP LIMITED

Agriculture – Overnight price: $4.05

Bell Potter rates ((UMG)) as Hold (3) –

The company released a comparable EBITDA guidance for FY22 of $103 million to $128 million, which compares to Bell Potter’s previous guidance of $140 million.

The variation stems from high barley supply costs, delayed sales due to supply chain disruptions and slower realization of processing benefits.

As a result, the broker is lowering the net profit forecast by -23% for FY22 and -6% for FY23. Holding rating and $4.35 target unchanged.

This report was published on April 26, 2022.

The target price is $4.35 The current price is $4.05 Difference: $0.3
Yes UMG meets Bell Potter’s goal, he will return approximately 7% (excluding dividends, fees and charges).
The current consensus price target is $4.61suggesting the reverse of 13.7%(excluding dividends)
The company’s financial year ends in September.

Forecast for FY22:

Bell Potter plans a full year EX22 dividend of 6.50 cents and EPS of 12:00 p.m. cents.
At the last closing price, the estimated dividend yield is 1.60%.
At the last closing price, the estimated price/earnings ratio (PER) of the stock is 33.75.

How do these forecasts compare to consensus market projections?

The current consensus estimate of EPS is 13.9which implies an annual growth of 201.5%.
The current DPS consensus estimate is 9.7implying a prospective dividend yield of 2.4%.
The current consensus estimate of EPS suggests that PER is 29.1.

Forecast for FY23:

Bell Potter plans a full year EX23 dividend of 11:50 a.m. cents and EPS of 9:70 p.m. cents.
At the last closing price, the estimated dividend yield is 2.84%.
At the last closing price, the estimated price/earnings ratio (PER) of the stock is 18.66.

How do these forecasts compare to consensus market projections?

The current consensus estimate of EPS is 25.8which implies an annual growth of 85.6%.
The current DPS consensus estimate is 16.4implying a prospective dividend yield of 4.0%.
The current consensus estimate of EPS suggests that PER is 15.7.

Market Sentiment: 0.8
All consensus data is updated to yesterday. FNArena consensus calculations require a minimum of three sources

WHC WHITEHAVEN COAL LIMITED

Charcoal – Nightly Price: $4.96

Shaw and Partners ((WHC)) tariffs as Buy (1) –

Shaw and Partners is seeing a record average coal price of $315/t in the March quarter, noting that Whitehaven Coal is generating plenty of cash relative to costs. The company reported an upgrade of the JORC reserve to 380 tonnes.

The broker suggests record coal prices and record cash flow, while a return to net cash should mean the stock price is heading towards stellar levels.

While ESG headwinds and investor reluctance may prevent a rise in the share price to this extent, Shaw and Partners believes that $4.50 is still too low. The target is raised to $6.25. Purchase note retained.

This report was published on April 21, 2022.

The target price is $6.25 The current price is $4.96 Difference: $1.29
Yes WHC achieves the Shaw and Partners goal, it will earn approximately 26% (excluding dividends, fees and charges).
The current consensus price target is $5.70suggesting the reverse of 14.9%(excluding dividends)
The company’s fiscal year ends in June.

Forecast for FY22:

Shaw and Partners expects a full year EX22 dividend of 46.00 cents and EPS of 132.00 cents.
At the last closing price, the estimated dividend yield is 9.27%.
At the last closing price, the estimated price/earnings ratio (PER) of the stock is 3.76.

How do these forecasts compare to consensus market projections?

The current consensus estimate of EPS is 145.9which implies an annual growth of N / A.
The current DPS consensus estimate is 42.4implying a prospective dividend yield of 8.5%.
The current consensus estimate of EPS suggests that PER is 3.4.

Forecast for FY23:

Shaw and Partners expects a full year EX23 dividend of 81.00 cents and EPS of 163.00 cents.
At the last closing price, the estimated dividend yield is 16.33%.
At the last closing price, the estimated price/earnings ratio (PER) of the stock is 3.04.

How do these forecasts compare to consensus market projections?

The current consensus estimate of EPS is 136.9which implies an annual growth of -6.2%.
The current DPS consensus estimate is 49.2implying a prospective dividend yield of 9.9%.
The current consensus estimate of EPS suggests that PER is 3.6.

Market Sentiment: 0.8
All consensus data is updated to yesterday. FNArena consensus calculations require a minimum of three sources

WSP WHISPIR LIMITED

Cloud Services – Nightly Price: $1.25

Wilsons rates ((WSP)) as overweight (1) –

Whispir confirmed it is on track to meet FY22 guidelines. Australia is back to normal while the company reported that Asia and North America are showing signs of pulling out.

Wilsons expects the FY23 SingTel contract to make a significant financial contribution. The broker maintains an overweight rating and reduces the target to $3.05 from $3.92.

This report was published on April 28, 2022.

The target price is $3.05 The current price is $1.25 Difference: $1.8
Yes FSSF reaches Wilsons goal, he will return approximately 144% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.

Forecast for FY22:

Wilsons plans a full year EX22 dividend of 0.00 cents and EPS of less than 1:30 p.m. cents.
At the last closing price, the estimated price/earnings ratio (PER) of the stock is minus 9:40 a.m..

Forecast for FY23:

Wilsons plans a full year EX23 dividend of 0.00 cents and EPS of minus 11:40 a.m. cents.
At the last closing price, the estimated price/earnings ratio (PER) of the stock is minus 10.96.

Market Sentiment: 1.0
All consensus data is updated to yesterday. FNArena consensus calculations require a minimum of three sources


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Cardano News: Cardano Scales Block Size to 88KB, Ecosystem Seeks to Expand NFT Reach https://atrx.net/cardano-news-cardano-scales-block-size-to-88kb-ecosystem-seeks-to-expand-nft-reach/ Wed, 27 Apr 2022 08:40:02 +0000 https://atrx.net/cardano-news-cardano-scales-block-size-to-88kb-ecosystem-seeks-to-expand-nft-reach/ Earlier this week, Input Output Global (IOG) mentioned it was implementing a block size change on the Cardano network, following a proposal made late last week. The update, which took place Monday at 20:20:00 UTC at the epoch 335 boundary, saw the block size on Cardano increase by 10%. With the block size increasing from […]]]>

Earlier this week, Input Output Global (IOG) mentioned it was implementing a block size change on the Cardano network, following a proposal made late last week. The update, which took place Monday at 20:20:00 UTC at the epoch 335 boundary, saw the block size on Cardano increase by 10%.

With the block size increasing from 80 KB to 88 KB, Cardano can now handle larger batches of transactions, resulting in increased capacity and reduced network transaction times. Following the update, the IOG team said it will monitor the blockchain network for an epoch – five days – before it can determine the next block size increment.

Further optimize the network

The most recent improvement is part of Cardano’s efforts to increase throughput to cope with increased transaction volume. Its supporting foundation, IOG, says it will continue to carefully and regularly optimize the network even in the months to come.

Last month, John Woods, director of Cardano Architecture, explained that this year the blockchain gradually increased the block size from 64 KB to 72 KB, then it gained another 11% to 80 KB in February. Latest improvement means block size increased by 37.5% this year

Cardano Aims to Expand NFT Businesses with Collaboration from Terra Virtua

Elsewhere, the Cardano network is exploring ways to expand its NFT ventures. According to information shared by IOG on Twitter, Cardano founder Charles Hoskinson joined Terra Virtua CEO Jawad Ashraf yesterday on a Twitter space to hold discussions on Cardano collaborating with Terra Virtua Fancave to create Cardano Summit NFTs

The two leaders also discussed plans for the future. As Terra Virtua offers users a marketplace for collectibles, the collaboration could open the door for other joint NFT projects with Cardano in the future.

There would be seven Cardano Summit NFTs, with only one user eligible to acquire them all. Once acquired, the NFTs would be sent to a Cardano wallet, with the user taking up to 7 NFTs needed to pay the highest fee – 7 ADA.

In terms of use cases, holders can stake their tokens to add to IOG’s plans to increase utilities for Summit NFTs through third parties. In addition to regular NFT uses, holders can also view the tokens on Terra Virtua 3D platforms, including the Art Gallery, Terra Dome, and Fan Cave, through their Terra Virtua accounts.

Santiment: ADA braces for rally as it hits historic opportunity zone

Blockchain intelligence and analytics firm Santiment highlighted Market Value to Realized Value (MVRV) for conclude that the Cardano network has reached a historically bullish turning point.

MVRV, a ratio of market capitalization to realized capitalization, shows the average loss or profit on all tokens in circulation on a network at a specific price. It can therefore be used to estimate price reversals.

Santiment noted that the 30-day midterm range fell below -15%. The company explained that historically, ADA, alongside other altcoin tokens, usually sees a brief rise in price to offset some of the constant losses when it hits this MVRV level.

However, Santiment said that despite the bullish indicator, cryptocurrencies continue to show co-movement with stock markets and the S&P 500, leaving the eventual price direction of ADA to the influence of the stock market, at the least until the Federal Open Market Committee (FOMC) meeting to be held next month.

To learn more about Cardano, see our Investing in Cardano guide.

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