Would I sell this FTSE 250 dividend stock in the market recovery? No chance!

first_img Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” Paul Summers | Thursday, 4th June, 2020 | More on: IGG XPP 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. Would I sell this FTSE 250 dividend stock in the market recovery? No chance! Paul Summers owns shares of IG Group Holdings and XP Power. The Motley Fool UK has recommended XP Power. 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. 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 Paul Summerscenter_img 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. Image source: Getty Images. Our 6 ‘Best Buys Now’ Shares 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. There are a few reasons why online trading provider and FTSE 250 member IG Group (LSE: IGG) continues to be the biggest holding in my ISA portfolio.As well as boasting fat margins and high returns on capital, the company is a great source of income. A likely 43.2p per share return for the financial year just gone gives a yield of 5.5%. That’s highly attractive at a time when many listed firms are withdrawing their cash payouts to investors. 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…The biggest reason, however, is the company’s capacity to thrive in good times and bad. I’d say we’ve experienced both lately. Let’s take a closer look at today’s (brief) update from the company. FTSE 250 starThis morning, IG stated that net trading revenue in Q4 is now expected to come in around £259m. This represents a huge increase on the £117.9m achieved over the same period in 2019. Taking the other three quarters into account, a full-year figure of around £649m is now predicted, comparing favourably to last year’s £476.9m. So, why are the shares trading flat today? Well, it could simply be that a lot of this good news was already priced in. After all, a surge in client activity during a tumultuous few months in the markets is exactly what you’d hope for. The question, therefore, is not whether IG has been performing well but whether it will continue doing so. On this front, I remain positive.Although there can be no guarantees when it comes to investing, the likelihood that markets will remain volatile, particularly when the recession begins to bite, is surely high. IG’s share price won’t be immune to this, but it’s unlikely to suffer as much as most. It should also recover strongly.With the possibility of a special dividend also on the horizon, I’m in no hurry to sell this FTSE 250 star.“Exceptional demand”Another holding I’m unlikely to jettison soon is critical power control component manufacturer XP Power (LSE: XPP). Like IG, it also reported some excellent numbers to the market this morning. Boosted by the fact that all of its facilities are now up and running, orders over April and May came in at £55m — 84% higher compared to the previous year. Unsurprisingly, the mid-cap has seen “exceptional levels of demand” from Healthcare customers. XP’s components feature in a large number of medical devices used to tackle Covid-19. Strong demand has been seen from customers in the Semiconductor Equipment Manufacturing sector.All told, £128m of orders have been received in 2020 so far — up 52%. Revenue is currently at £86.3m — a rise of 7% from this point in 2019. Another positive in today’s update was the reduction in net debt. This reduced from £45.3m at the end of March to £38m two months later. What’s more, management expects debt to continue falling over the rest of the year.It wasn’t all completely bullish. While a healthy order book should settle investors’ nerves, the FTSE 250 constituent did say that economic uncertainty would “continue to provide a wide range of potential outcomes for 2020.” It also expected demand from Healthcare customers to normalise.Notwithstanding this, I think this quality company remains an excellent long-term hold. A valuation of 25 times forecast earnings isn’t cheap, but this falls to 21 times next year, based on analyst projections.  Simply click below to discover how you can take advantage of this.last_img read more

Nine Limerick towns and villages to benefit from 2018 Renewal Scheme…

first_imgWhatsApp Upgrade of the old Carnegie Library to a community hub Abbeyfeale Print Convert unused part of Glin library to an interpretive centre and tourism hub Ballyhahill Kilmeedy €80,000 Ballylanders Extension and fit out of the community café/ horticulture centre Further development of an outdoor classroom and parking at Griston Bog Castleconnell Convert the old bank building in the town centre to E Hub/ Business facility €200,000 Abbeyfeale is set to receive €200,000 worth of the funding.LIMERICK City and County Council has been successful in receiving funding worth €963,918 for nine projects under the Town and Village Renewal Scheme 2018.The 2018 Scheme, which was launched in April this year, focuses on projects which can help to enhance rural towns and villages, with a particular emphasis on stimulating economic development.Sign up for the weekly Limerick Post newsletter Sign Up Mayor of the City and County of Limerick Cllr James Collins said, “This is a great outcome for rural towns and villages across County Limerick.  The projects will help enhance the lives of those in the locality, from a new business hub in Abbeyfeale to a playground in Shanagolden.  Communities in all these areas will benefit as more and more services are being made available locally.”The Urban and Village Renewal Department of Limerick City and County Council worked closely with communities across county Limerick to develop projects that can be delivered in a relatively short time period.Twelve Limerick projects were submitted to the Department of Rural and Community Development under the Town & Village Renewal Scheme 2018 – the maximum allowed per local authority.Gordon Daly, Director of Social Development in Limerick City and County Council said, “These projects will make a real difference.  They will enhance the quality of life and services in these communities as well as providing facilities and amenities for visitors helping achieve the aim of further growing the tourism industry in County Limerick.”Judging was carried out by an independent panel and it was a competitive application process across all local authoritiesThe successful projects are: Develop a river walk with park and village enhancement Housing 37 Compulsory Purchase Orders issued as council takes action on derelict sites Glin Ballysteen Create an artisan food hub Local backlash over Aer Lingus threat Linkedin €96,000 Twittercenter_img €99,918 €96,000 Email Shanagolden Limerick on Covid watch list Facebook €96,000 Shannon Airport braced for a devastating blow €100,000 Work will begin on these projects in the coming weeks. NewsCommunityLocal NewsNine Limerick towns and villages to benefit from 2018 Renewal Scheme fundingBy Cian Reinhardt – October 8, 2018 1936 Advertisement Installation of a playground in town park RELATED ARTICLESMORE FROM AUTHOR Previous articleWATCH: van Graan and O’Mahony speak after “brilliant occasion for Irish rugby”Next articleAdare and Ballylanders to meet in SFC decider after semi final victories Cian Reinhardthttp://www.limerickpost.ieJournalist & Digital Media Coordinator. Covering human interest and social issues as well as creating digital content to accompany news stories. [email protected] Fitting out of a community café €96,000 Kilfinane TechPost | Episode 9 | Pay with Google, WAZE – the new Google Maps? and Speak don’t Type! €100,000 Is Aer Lingus taking flight from Shannon? TAGSCommunityLimerick City and Countylocal newsNews last_img read more

Over 30 arrests for Drink/Drug driving in Donegal in January

first_img Pinterest Over 30 arrests for Drink/Drug driving in Donegal in January Twitter Harps come back to win in Waterford By News Highland – February 2, 2021 WhatsApp Facebook Google+ There were over 30 arrests for drink or drug driving in Donegal in January. Gardai have confirmed that in the first month of the year, there were 17 arrested for drug driving and 14 for drink driving related offences right across the county.Gardai also say that they are detecting many types of other road traffic related offences at checkpoints and are making arrests, seizing vehicles and issuing fines on an ongoing basis.Meanwhile over the past week alone, quantities of ecstasy, cannabis and cocaine have been seized by Gardai in various locations in Donegal.It follows a number of searches in the county in recent days and arrests have been made Pinterest Previous articlePeople can’t expect to visit beaches that aren’t local – CMONext articleWarning over increase in Garda checkpoints this week News Highland Facebookcenter_img Google+ DL Debate – 24/05/21 WhatsApp Homepage BannerNews Twitter Important message for people attending LUH’s INR clinic News, Sport and Obituaries on Monday May 24th RELATED ARTICLESMORE FROM AUTHOR Arranmore progress and potential flagged as population grows Loganair’s new Derry – Liverpool air service takes off from CODAlast_img read more

SUU’s Athletic Department Conducting National Anthem Tryouts

first_imgSeptember 18, 2018 /Sports News – Local SUU’s Athletic Department Conducting National Anthem Tryouts Tags: America First Event Center/National Anthem Tryouts/SUU Thunderbirds Brad James Written by FacebookTwitterLinkedInEmailCEDAR CITY, Utah-Tuesday evening, Southern Utah University’s athletic department announced, via its Twitter account, that it is conducting national anthem tryouts for athletic events this season.Auditions occur tonight from 6:30-7:30 p.m. at the America First Event Center on campus.last_img read more