Forget Bitcoin! These 2 bargain stocks are also risky but may be far more rewarding

first_img Our 6 ‘Best Buys Now’ Shares Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Any notion that Bitcoin was a safe haven have been put to bed by the coronavirus crash. Panicky investors have rushed to sell the crypto-currency rather than buy it. Its price has fallen from more than $10,000 to just over $6,000, punishing starry-eyed traders once again.That is why I prefer to put my money in a Stocks and Shares ISA. Yes, stock markets have also crashed. But I think this has thrown up a host of bargains, if you are brave enough to buy anything right now (apart from toilet roll). I am tempted by the Galliford Try Holdings (LSE: GFRD) share price, which has fallen 21% today, and Just Group (LSE: JUST), down around 13%.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Galliford Try’s half-year report this morning showed the group posting a £16.6m statutory profit before tax, reversing a loss of £24.7m in the year before. That’s despite a drop of 8.2% in revenues, which fell from £728m to £668m.Galliford triesMarkets were no doubt disappointed by news that attempts to hit a divisional margin target of 2% in 2021 have now been pushed back to 2022. But at least the order book has held steady at £3.2bn, following a series of project wins.Galliford Try was hit hard by both Brexit and the collapse of fellow construction group Carillion. This forced it to scrap its dividend and launch a £150m rights issue, amid concerns about its balance sheet. However, with the turnaround under way, the share price was picking up steadily, until the coronavirus trauma. Now it has a market cap of just £123m, and trades at a measly valuation of just 1.2 times earnings.Today’s mixed results have been harshly punished, but that’s how it is when sentiment crashes. This could prove an exciting buy at today’s low, but we live in strange times and you would have to be brave to buy it.Just the jobFinancial services group Just Group looked like a bargain a year ago, when it traded at just 3.5 times earnings. It looks even cheaper given today’s share price mauling, as it now trades at just 3.1 times earnings.Today’s preliminary results showed IFRS profit before tax of £369m, turning round 2018’s loss of £86m. The turnaround was pinned on an “improved operating result and positive economic variances”. Total revenue climbed from £2.86bn to £3.83bn, despite a 12% fall in gross written premiums to £1.92bn.Just has also been through a tough time, like Galliford, but for different reasons. It was hit hard by a regulatory clampdown on sales of equity release lifetime mortgages. This was a key product and sparked a £219m regulatory capital cost in the second half of 2019. New business margins have also fallen, as it puts capital discipline above sales, but capital coverage now stands at 141%, and is set to rise further.Just Group’s stock is another bargain for the brave, with a price-to-book value of just 0.4. These are wild times for investors, but I reckon both firms merit further due diligence, and a place on your watchlist. Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” Harvey Jones | Thursday, 12th March, 2020 | More on: GFRD JUST Image source: Getty Images Harvey Jones has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Simply click below to discover how you can take advantage of this. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Forget Bitcoin! These 2 bargain stocks are also risky but may be far more rewarding I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! See all posts by Harvey Joneslast_img read more

Mary shows spark of Solidarity in council debut

first_img TAGSLimerick City and CountyNewspolitics Print WhatsApp Shannon Airport braced for a devastating blow Facebook Linkedin Newly co-opted Solidarity councillor Mary Cahillane with party colleague Paul Keller.NEWLY co-opted councillor Mary Cahillane, who replaces Solidarity’s Cian Prendiville in the City North district, used her first day on the job to propose a motion on the Cervical Check scandal.Speaking at this Monday’s meeting of Limerick City and County Council, Cllr Cahillane announced herself with a bang as she hit out at Fine Gael and Fianna Fáil for the privatising and outsourcing in the health service.Sign up for the weekly Limerick Post newsletter Sign Up “A greedy, ideological decision ten years ago by Mary Harney, Health Minister in a Fianna Fáil-led coalition, has now killed 21 women in Ireland,” she declared.“The current Fine Gael Health Minister Simon Harris and the HSE continue to sell our smear tests to private laboratories abroad. Private companies’ priorities are to make profit, not to protect women’s health. The real costs of privatisation in our health service cannot be measured in euro and cents, it costs lives.“It is our duty to demand on behalf of people a free, publicly funded, properly resourced, democratically accountable health service that meets the needs of everyone and not just those who can afford it.”Following the meeting, Solidarity councillor for City East, Paul Keller welcomed Ms Cahillane’s confirmation as a councillor and warned other parties that there was “more to come”.“Mary is a trade union activist of long standing and a formidable fighter for working class people. I have been hugely impressed by her politics, energy and capability since she returned to Limerick from living and working in Belfast for many years.“She has helped organise important protests in Limerick around the Cervical Cancer scandal and, as you can see today, she’s prepared to take that fight into the council chamber,” Cllr Keller commented.Councillors took the opportunity to welcome Cllr Cahillane to County Hall this week.“Your predecessor is a tough act to follow. I wish you well,” said Fine Gael councillor John Sheahan.Also wishing her well for the remainder of the term on the Council, Fianna Fail councillor Kevin Sheahan said: “I didn’t always get on particularly well with Cllr Prendiville, but that’s politics.”Independent councillor Brigid Teefy felt it was “nice to see another female” in the council chamber. NewsPoliticsMary shows spark of Solidarity in council debutBy Alan Jacques – December 3, 2018 1245 Local backlash over Aer Lingus threat TechPost | Episode 9 | Pay with Google, WAZE – the new Google Maps? and Speak don’t Type! center_img Email RELATED ARTICLESMORE FROM AUTHOR Housing 37 Compulsory Purchase Orders issued as council takes action on derelict sites Limerick on Covid watch list Twitter Previous articleLimerick goes wild for tourism campaignNext articleTen thousand names expected to go up on remembrance tree this year Alan Jacques Advertisement Is Aer Lingus taking flight from Shannon?last_img read more

Seven nations vying for five UN Security Council seats

first_imgBut Africa failed to continue its tradition of deciding candidates among themselves, setting the stage for a showdown on Wednesday. Kenya boasts of enjoying the support of the African Union, but Djibouti says it should have the seat due to Nairobi’s past participation on the Security Council and the principle of rotation.French-speaking Djibouti and English-speaking Kenya are both highlighting their roles in seeking peace on the Horn of Africa, as well as their contributions to UN peacekeeping options.Kenya has pointed to its welcome to refugees from Somalia and South Sudan, as well as to its support to the two countries’ fragile governments. Celine Dion vs Bono Hoping to woo delegates, both Canada and Ireland have brought out superstar power. Celine Dion sang in New York City to promote Canada at the United Nations, while U2 also performed a concert in the Big Apple for Ireland.”Campaigning for a UNSC seat involves endless lobbying, entertaining and worrying that the ambassador who just promised you a vote is a liar,” tweeted Richard Gowan, an expert on the world body at the International Crisis Group.Fearing fraud or manipulation, the General Assembly will not vote electronically, even though the United Nations is mostly operating virtually until the end of July due to the coronavirus pandemic.Instead, each of the 193 delegations will have a chance to cast a secret ballot at a designated time scattered throughout the day in the famous Assembly Hall.Each new Security Council member needs to win two-thirds of the votes cast — meaning 128 votes if all 193 nations vote. Delegates could have to vote multiple times to certify a winner.The Security Council has 10 non-permanent members in addition to the veto-wielding Big Five — Britain, China, France, Russia and the United States.The General Assembly will also elect Wednesday its president for the 2020-21 session.Only one candidate is running, Turkish diplomat Volkan Boz kir. But Armenia, Cyprus and Greece — all of which have historically tense relations with Turkey — have opposed him, meaning he cannot be elected by consensus and nations will have to cast votes. Djibouti, in turn, notes its strategic location and unusual role as a defense base for diverse countries — France, the United States, China and Japan — as well as its contributions in Somalia.For Europe, the competition is more customary.Canada is still stung by a defeat in 2010 during its last bid for the Security Council, when the General Assembly chose Portugal instead.Prime Minister Justin Trudeau has invested heavily in the latest Security Council effort, with a defeat potentially causing him political embarrassment at home. The UN General Assembly on Wednesday will elect five new members of the Security Council for 2021 and 2022, with battles underway for the Western and African seats.Kenya and Djibouti are facing off for one seat, while in the Western bloc, three nations — Canada, Ireland and Norway — are vying for two seats among them.In the Asia-Pacific, India — which has been trying unsuccessfully to win a permanent seat in an expanded Security Council — is assured of a seat as it is running unopposed, as is Mexico in the Latin America and Caribbean region. Topics :last_img read more