The FTSE 100 market crash produced some bargains. Is the Whitbread share price one of them?

first_img Enter Your Email Address Our 6 ‘Best Buys Now’ Shares James J. McCombie | Friday, 22nd May, 2020 | More on: WTB 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. The FTSE 100 market crash produced some bargains. Is the Whitbread share price one of them? Image source: Getty Images 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 James J. McCombiecenter_img James J. McCombie 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. FTSE 100 member Whitbread (LSE:WTB) was keen to remind investors that it was in good financial health when it delivered its results for the year ended 27 February yesterday. Whitbread started its new financial year with £503m in cash and a revolving credit facility of £950m. Dividends have been cut to keep cash in the business.It is also an eligible issuer under the UK Government’s Corporate Financing facility. This is a new badge of honour that businesses are keen to tout. What it means is that Whitbread is in good enough financial shape to issue debt backed by HM Treasury.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…So, Whitbread should survive the coronavirus crisis and plans to gobble up market share by taking advantage of the battered hotel industry when the dust settles. To this end, Whitbread is seeking to raise a £980m (after fees) by creating and selling new shares. That may not have been necessary had some £2bn not been spent on share buybacks over the last couple of years.Whitbread was flush with cash after selling Costa Coffee to Coca-Cola for £3.9bn in 2018. Activist investors had been hankering for this to happen. Costa was deemed to be worth more in cash than as part of Whitbread. Shareholders approved the move and had the price of their shares supported by the buybacks.In need of a pick-me-upBut the sale of Costa exposed an issue. Whitbread’s revenues grew at an average of 9% per annum from 2015 to 2017. In 2018, without those coffee sales, revenue fell to £2.01bn from £3.1bn the year before. Sales revenue grew at just 1.24% on average per year from 2018 to 2020. Without those coffee sales, Whitbread’s revenue growth could not even match UK GDP growth. Although Whitbread’s London hotels were doing okay, regional demand was sagging, with the blame placed on a lack of business confidence around Brexit. Something had to change to drive revenue growth.A good chunk of the Costa sale money was earmarked for expansion into Germany. The German hotel market is highly fragmented, with many independent and small hotels. This seemed the perfect stomping ground for a hotel chain to scoop up market share. Unfortunately, the coronavirus crisis has hampered any spending plans, and it’s hard to say for sure how long the crisis will last. Hotels are open in Germany again, but remain closed in the UK, probably until September. A new wave of infections may shut them again.At present, Whitbread is burning through £80m in cash each month. Planned expenditures amount to £600m over the next six months. How much of that £980m will be available to take advantage of cheap investment opportunities? Much of it looks destined to support existing plans and keep the business alive. This could mean another rights issue should those cheap investment opportunities present themselves in force.Is Whitbread a bargain?Whitebread operates in the budget hotel sector, which should benefit from the looming recession. Tourism and leisure travel will pick up again; of this, I am sure. But bosses will have noticed that meetings done digitally cost a lot less than putting staff on the road. The anticipated growth from expansion into Germany might not be as robust as forecast, and taking investment opportunities might rely on issuing even more shares. I don’t think Whitbread’s share price will outperform the FTSE 100. Simply click below to discover how you can take advantage of this. 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. “This Stock Could Be Like Buying Amazon in 1997” 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.last_img read more

Honing Young Minds and Bodies

first_img Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Subscribe 15 recommended0 commentsShareShareTweetSharePin it Personal Living Honing Young Minds and Bodies Student Athlete Lab gives non-academically inclined kids a fighting chance From STAFF REPORTS Published on Monday, April 1, 2013 | 12:18 pm Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena In the old days, schools tended to focus exclusively on academic achievements. But with the realization that people have multiple intelligences, many schools try to strike a balance. Few succeed.Enter Student Athlete Lab (SAL), a unique extra-curricular school that not only sharpens the mind, but hones the body as well. Designed for high school students who excel in terms of Bodily-Kinesthetic Intelligence, a multiple intelligence form involving physical strength and fine motor skills, the Student Athlete Lab focuses on that strength to prepare them for collegiate scholarship opportunities.Darrel Reece, one of the coaches for SAL, says “we believe that there are other skills, and times when you can take the next level to get a scholarship for [university].”It’s not just about athletics; the academic side of students is also nurtured to make them all-around student-athletes.Reece says, “We have certain kids that struggle in Math. We’ll have one of our tutors go out and tutor that particular kid.”If you expect to find SAL using rote repetition to train their students, think again. The school trains and molds students in more than just the usual muscle memory exercises, it teaches them how to practice intelligently.“We have so many different phases,” Reece explains. “We videotape everything: their practice, their pool workout, beach workout (during summer training), [and we gather] their academic information from their schools as well.”Parents are also involved with the program, knowing everything that happens to their kids. As Reece explains, “my best way is to share it with the parents, being able to come and be able to see what goes on inside the gym.”Parents also approve of Reece’s methods and many swear by its results.Those results? Reece boasts of having students get scholarships to Loyola Marymount, UCLA, and even Harvard with the help of SAL’s training programs.“This is what we do, this is our course. So much value in what we do because [of] the way we do it,” Reece adds.For more information about Student Athlete Labs, visit or call (626) 214-8526. First Heatwave Expected Next Week Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday More Cool Stuff Herbeauty10 Ways To Get Into Shape You’ve Never Tried BeforeHerbeautyHerbeautyHerbeauty6 Lies You Should Stop Telling Yourself Right NowHerbeautyHerbeautyHerbeauty10 Secrets That Eastern Women Swear By To Stay Young LongerHerbeautyHerbeautyHerbeautyInstall These Measures To Keep Your Household Safe From Covid19HerbeautyHerbeautyHerbeautyFinding The Right Type Of Workout For You According AstrologyHerbeautyHerbeautyHerbeauty15 things only girls who live life to the maximum understandHerbeautyHerbeauty Your email address will not be published. Required fields are marked *center_img faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Name (required)  Mail (required) (not be published)  Website  Make a comment Top of the News EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Business News Community News Community News Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy last_img read more

Researchers working on a breathalyser for weed

first_imgNZ Herald 9 September 2019Family First Comment: Good development..“A prototype device can tell if someone’s high on marijuana and could soon be changing the way law enforcement officers deal with weed intoxication.”We may need it even more in NZ A prototype device can tell if someone’s high on marijuana and could soon be changing the way law enforcement officers deal with weed intoxication.Researchers from the University of Pittsburgh in the US have unveiled a device that looks much like the standard breathalyser but can measure levels of THC, which is the dominant psychoactive compound in weed.Tests for levels of marijuana are currently done using either blood, urine or hair samples.The new device uses carbon nanotubes to bind the THC molecules and detect the compound through a person’s breath.“The semiconductor carbon nanotubes that we are using weren’t available even a few years ago,” says lead author Sean Hwang.“We used machine learning to ‘teach’ the breathalyser to recognise the presence of THB based on the electrical currents’ recovery time, even when there are other substances, like alcohol, present in the breath.READ MORE: (behind paywall)last_img read more

Syracuse struggles building momentum heading into late stretch of conference play

first_imgThe barometer for Syracuse’s success is its performance against Mercyhurst. Since the Orange’s program started in 2008, SU had never beaten the Lakers until last year. But its recent results against the conference’s top team are evidence of Syracuse’s progression.The Orange has beaten Mercyhurst twice this season — including the team’s first-ever victory visiting the Lakers, a 2-1 overtime thriller.“Gosh, it was a struggle for a while there. We were happy just to tie them a few years back,” Syracuse head coach Paul Flanagan said. “To go into their rink and beat them in overtime, that’s a real confidence booster. We have to believe that we’re better than them.”Syracuse split the season series with its College Hockey America rival and the Orange sits in second place in the conference. Still, SU’s inconsistency has prevented the team from maximizing its potential.Syracuse has never had a three-game winning streak this season nor a clean sweep of a weekend doubleheader, which comprises the majority of SU’s schedule. With the three-round CHA tournament nearing in three weeks, the Orange (12-13-3, 8-4-2 CHA) is looking to quickly establish the stability necessary for postseason success.AdvertisementThis is placeholder text“It all starts in practice,” senior Melissa Piacentini said. “We need to have a consistent week from Monday to Saturday. It’s really just an overall team problem we’ve been having, but hopefully this weekend we can start turning it all around.”Last season, SU didn’t win back-to-back games in the same weekend until defeating conference opponent Robert Morris twice on Feb. 6-7. The Orange was never able to win three games in a row in the 2014-15 campaign.This year, the situation is all too familiar. Syracuse’s next two games are on Feb. 5-6 against Penn State (9-14-5, 5-4-5), and the Orange still hasn’t won two games against the same opponent in a single weekend.“I think our mental preparation has struggled,” Flanagan said. “We aren’t ready for that first game, or we don’t respond on Saturday well after winning on Friday. That’s all upstairs, to me.”Syracuse’s best chance to develop consistency was against Robert Morris on Halloween weekend, according to Flanagan. The Orange won its first matchup in overtime, 4-3, before dropping the next day’s game, 2-0. That next weekend, Syracuse tied conference opponent Lindenwood after a 3-1 victory one day earlier. And in December, the Orange won on Dec. 4 and tied on Dec. 5 against Penn State.Flanagan is addressing his team’s mental preparation by completely backing off and letting the players handle it themselves. He believes that taking too much action about the team’s problems will make things worse.“I think we have to step back and really evaluate the things we need to do,” Flanagan said. “Whether that works or not, we’re trying to identify things that can help us, whether it’s physical or psychological. We know our system. It’s about fine-tuning things.”While the coaches may be backing off, the players are hoping to step up.Piacentini has noted the team’s mental growth since her freshman year, but she says it’s not enough if it plans on competing in the conference tournament.“We need to work with a goal of playing 120 minutes a weekend,” senior Nicole Ferrara said. “We’re not the most skilled team out there. But if we work hard, we can compete with anybody.”But no matter how SU solves its instability, players and coaches both detect a sense of urgency. If Penn State wins both games this weekend, the Nittany Lions would surpass the Orange in the CHA standings.The top two teams in the conference receive first-round byes, but if Syracuse drops below second, it’ll need to do something it hasn’t accomplished since the 2013-2014 season to make the NCAA tournament: win three consecutive games.“Anything can happen, so we have to take care of business,” Flanagan said. “Anything short of 120 minutes could have a lot to do with whether we’re fighting for first place down the stretch or more of just fighting to have home ice for the playoffs. There’s a lot at stake.” Comments Facebook Twitter Google+ Published on February 3, 2016 at 11:53 pm Contact Chris: [email protected]last_img read more

Tornado damage won’t stop Floyd County Fair

first_imgCHARLES CITY — While the Floyd County Fairgrounds in Charles City lost half of its buildings during a Memorial Day tornado, fair board president Amy Staudt says the show will go on next month.“I am sure that our Floyd County Fair will be running, July 17th through 21st,” Staudt says. “We might be short a couple shows here and there, but for the most part, we’ll still have all of our activities, our entertainment, our Aussie Kingdom is still coming, our carnival will still be here.” At a fair board meeting Sunday night, members discussed plans to ensure the fair’s activities wouldn’t be hindered despite losing vital several structures.Staudt says the twister totaled four buildings, including one that hosted the chicken and rabbit exhibits.  “We’re leaning towards bringing their entries in for check-in on their show day, we’ll complete the show and then we’ll release those species to go home,” she says, “just because of heat and a building that will not be properly cared for, for the animals.”The sheep and goat barns were relatively untouched by the twister. The livestock arena wasn’t a total loss, but the damage must be surveyed by a engineer before anyone is able to use it.  “We should have that up and running before the fair,” she says. “If he would say it’s structurally unsafe, then we’ll have to go to Plan B which may be using the horse area or bringing livestock in just for that showtime and then hauling them back out.” Excavation of debris is getting underway today (Monday) after a week-long volunteer effort to clean up the destruction.Staudt says there will be an August meeting where board members will discuss long-term reconstruction. “We’re planning for the future as we’re looking at set-ups, barn flow, different things like that,” she says. “We want to make sure it’s got a good flow to it for years to come.” Parts of the fairgrounds remain unscathed, like the race track where Figure Eight races will begin Friday night.last_img read more