The Superdry share price has crashed 20%. Here’s what I’d do

first_img Image source: Getty Images “This Stock Could Be Like Buying Amazon in 1997” 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. 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. Alan Oscroft has no position in any of the shares mentioned. The Motley Fool UK has recommended Superdry. 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! Simply click below to discover how you can take advantage of this.center_img See all posts by Alan Oscroft Six months ago, I was wondering whether Superdry (LSE: SDRY) might be a worthwhile recovery candidate, seeing as founder Julian Dunkerton had ousted the board, regained control as chief executive, and set the company back on its original path — a path that I thought was the right one.But I steer clear of recovery candidates these days, especially ones whose business development I don’t really understand, after the agonising failures we’ve seen in the past few years.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…Still, after bottoming out around the middle of August, sentiment started turning and, as of a couple of days ago, the shares had put on around 35%.WarningBut that recovery came to an abrupt halt Friday, as the price crashed by 24% when the market opened, before regaining a small amount to sit on a drop of 17% at the time of writing. The fall was so severe it undid all of the 2019 recovery… and then some, setting a new 52-week low for the stock.The trigger was a rather dramatic profit warning issued as a result of a disastrous Christmas trading period. While Black Friday had apparently gone well, since then retail sales had come in below expectations at only £23m as, in the words of the company, “we continue our strategic transition to a full price stance.” It seems people are happy to snap up Superdry clothing at a knockdown cost, but that suggests it might be harder than anticipated for the brand’s target to get back to a premium pricing level.But the thing that’s really hit the share price is the effect that shortfall is expected to have on full-year profitability.No profit?Analysts were expecting to see around £40m this year, but that could now be completely wiped out. Superdry’s new guidance for underlying pre-tax profit indicates a potential range of £0-10m. Yes, zero. There might be no profit at all.The high level of promotional activity in the period running up to Christmas was responsible, according to Dunkerton. But hang on a minute… did he really not expect that at Christmas? It seems obvious to me shoppers will prefer to buy the brands being sold at discounted prices in the fight for the festive pound, and those going for full-price high-margin sales are going to suffer, unless they have real appeal.He did add that “our disciplined plan to reinvigorate the brand and return Superdry to sustainable long-term growth is on track,” but it looks like it’s going to be a longer track than expected.Full-price folly?I did think it a bit strange to see Superdry proposing a dividend this year, before the company’s recovery plan has had a chance to show any success, even if it was expected to be modest. Had a quick return to a full-price brand status been feasible, paying cash to shareholders might have been fine. But the firm seems to have misunderstood current shopping habits, and the idea of paying dividends before cash flow plans have been realised now seems folly.Superdry, for me, is very much a ‘hands off’ stock, at least until we see if customers will go along with Dunkerton’s ambitions — or if Superdry is a has-been as a desirable mid-market brand. 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. Alan Oscroft | Friday, 10th January, 2020 | More on: SDRY Enter Your Email Address The Superdry share price has crashed 20%. Here’s what I’d dolast_img read more

Imprisoned cyber-dissident hospitalised after going on hunger strike

first_img Receive email alerts September 9, 2005 – Updated on January 20, 2016 Imprisoned cyber-dissident hospitalised after going on hunger strike News China: Political commentator sentenced to eight months in prison RSF_en Organisation Help by sharing this information to go further News Democracies need “reciprocity mechanism” to combat propaganda by authoritarian regimes June 2, 2021 Find out morecenter_img News China’s Cyber ​​Censorship Figures Follow the news on China Reporters Without Borders voiced deep concern today about the condition of cyber-dissident Zhang Lin (photo), who has been rushed to hospital after beginning a hunger strike at the start of September to protest against his five-year prison sentence and to demand to be allowed to see his lawyer, Mo Shaoping. Detained since 29 January, Zhang was convicted by a court in Benghu, in Anhui province, on 28 July of “jeopardising national security” by posting reports and essays on the Internet that were “contrary to the bases of the constitution.” At the end of the trial, Zhang and his lawyer indicated they intended to appeal.____________________________________________________3.08.2005Cyber-dissident Zhang Lin gets five years in prisonReporters Without Borders voiced outrage today at the five-year prison sentence imposed by a court in Benghu (in Anhui province, west of Shanghai) on 28 July on cyber-dissident Zhang Lin for “violating national security.” His lawyer was notified only today. Zhang intends to appeal.”The Chinese judges were deaf to Zhang’s plea of not guilty on the basis of the right to free expression because, in their view, expressing oneself on the Internet is a crime that deserves five years in prison,” Reporters Without Borders said, calling for his release and the withdrawal of all charges against him.”Coming after Shi Tao’s 10-year prison sentence, this latest heavy sentence confirms that the justice system holds freedom of expression in complete contempt and that the crackdown on pro-democracy intellectuals begun by President Hu Jintao continues,” the press freedom organisation added.After Zhang’s lawyer, Mo Shaoping, was notified today, his wife immediately went to the court to get a copy of the sentence. She said Zhang, who will also be deprived of his political rights for four years after completion of the prison term, was devastated by the severity of the sentence. He and his lawyer were determined to appeal, she added. They have 10 days starting tomorrow to file the appeal.Zhang, who has been imprisoned since 29 January 2005, was convicted of posting reports and essays on the Internet which were “contrary to the bases of the constitution” and which “jeopardised national unity and territorial sovereignty, spread lies and disturbed public order and social stability.” The sentence was imposed under article 105 of the criminal law on “subversion.”The indictment presented at his trial, held behind closed doors on 21 June, quoted one of his essays in which he used the words of a punk song. The prosecutor also made much of the fact that he gave an interview to a foreign news media. News March 12, 2021 Find out more ChinaAsia – Pacific ChinaAsia – Pacific April 27, 2021 Find out morelast_img read more

Ocean City Police Awarded Two AEDs

first_imgThe Ocean City Police Department received two defibrillators from the Jennifer Ward Memorial Fund. (Courtesy Ocean City Police Department) The Ocean City Police Department’s Traffic Safety Unit announced Oct. 23 that it received two Phillip’s Heartstart Automated External Defibrillators (AEDs) courtesy of the Jennifer Ward Memorial Fund.  These AEDs have been deployed daily in the Traffic Safety Unit vehicles to better enhance the quality of service to Ocean City residents and visitors, according to a press release from Detective Sgt. Stephen Sullivan. This crucial piece of life saving equipment will allow police officers to be more able to respond to cardiac arrests. The AEDs have been labeled “Jen’s AED” in honor of Jennifer Ward and will allow Jennifer Ward’s spirit and love to continue on, according to the release.The Jennifer Ward Memorial Fund was founded by Gerry and Jerry Ward, parents of Jennifer Ward. Jennifer attended Ocean City High School and became a school teacher at St. Anne’s Regional School in Wildwood. She passed away Jan. 7, 2005, when she went into Sudden Cardiac Arrest (SCA) at just 29. Sudden cardiac arrests claim close to 295,000 lives every year, many times without warning in seemingly healthy people. With Jennifer’s passing her parents formed a memorial fund in her honor and has donated over 50 AEDs to worthy local causes. Additionally, they have trained hundreds of lay people in CPR/AED use and awarded over $25,000 in scholarships to deserving students in the South Jersey area who are going to school for teaching or the medical field. Part of the Wards’ goal is to bring awareness to Sudden Cardiac Arrest. Rapid deployment of an AED and CPR administration immediately after someone collapses increases chances of survival dramatically. Sullivan said the Ocean City Police Department is proud to be the recipient of the AEDs and thanked the Wards for their generosity and support of the police.Ocean City Public Safety Buildinglast_img read more

What A Facebook Social Search Engine May Look Like

first_imgA Web Developer’s New Best Friend is the AI Wai… Top Reasons to Go With Managed WordPress Hosting Tags:#search#web dave copeland When it comes to search strategy, Google and Facebook both seek to give users the best possible result. While Google will continue to trust technical data over social data, though, Facebook is likely to stake the success of its search engine – and perhaps the entire company – on a new kind of search that puts social context first.Mark Zuckerberg told the TechCrunch Disrupt conference earlier this month, “Facebook is pretty uniquely positioned to answer a lot of questions people have.” His words set off a maelstrom of speculation that the company was about to – finally – go toe-to-toe with Google in search. Coupled with the company’s dismal stock performance since its initial public offering in May, Zuckerberg’s comments have persuaded many observers that a Facebook search engine will be available sooner rather than later.But it could be an entirely different search engine than that of Google and the myriad copycat competitors that have tried to dent Mountain View’s massive market share. While Google crawls the Web and combines what it finds with your search history to find the best result based on your query, Facebook search engineers would probably try to customize search results based on everything the company knows about your preferences and those of your friends.“Facebook’s value . . . is the enormous set of data they have about you,” said Christophe Henner, a social media manager focusing on Facebook technologies for X-Prime Group, a French Web technology firm. “Facebook would focus on improving search results not based on a page by itself – incoming links, authority and content – but on its social context: Did one of your friend engaged with the website or with this specific page?”Facebook As A Decision EngineFor Facebook search to succeed, it needs to be more than a site that simply says “Your friend liked this sushi restaurant, so maybe you will too.” Eric Silver, founder of content management system maker WebKite, said Facebook will use a complex analysis of its social graph to push you toward the decision that’s best for you.“The way search has evolved, we’re seeing engines that are focused on delivering tailored results or helping users to make decisions,” Silver said. “Google is getting their toes wet by offering credit card comparisons at google.com/advisor, but I think we’ll see something more powerful and comprehensive from Facebook. Facebook will be able to learn from your decisions and the decisions made by peers to better answer search questions and provide results that users want.”Another way to think of Facebook search is to see it as a problem-solving engine, according to Ben Romberg, social media director at search marketing firm Tug Media. Zuckerberg’s remarks “suggest that search terms will relate to problem solving, or asking a wider audience as well as your friends to generate information: ‘I’m looking to buy a new computer, anyone have any suggestions?’” Romberg said. Bonding With Bing?It’s unclear whether Facebook would end its partnership with Microsoft, which has been using social data from Facebook to improve its search results (and thus differentiate its search results from Google’s). Facebook could leverage Bing’s head start in attacking Google’s market share, but it may also view Microsoft as a competitor or see Bing as more a hindrance than an asset.Microsoft itself seems not to have a bead on Facebook’s direction. Even as it continues to tout Bing’s partnership with Facebook, it continues to work on So.cl, a social search engine. “Facebook would need a lot of time before its index would be big enough to provide a good service,” Henner said. “Microsoft can’t get the upper hand alone, and Facebook needs a little push forward before being able to compete with Google.” 8 Best WordPress Hosting Solutions on the Market Why Tech Companies Need Simpler Terms of Servic… Related Posts last_img read more

Xiaomi Redmi Note 4 sale starts at 12pm today via Flipkart and Mi.com

first_imgXiaomi Redmi Note 4, Xiaomi’s January-launched smartphone is up for buying, today at 12pm via Flipkart and company’s own website Mi.com. The company will make all the three variants of the smartphone available for buying today. Xiaomi Redmi Note 4 was launched in January this year and has three storage variants- 2GB RAM/32GB, 3GB RAM/32G and 4GB RAM/64GB storage.Xiaomi recently announced that it sold 5 million units of Redmi Note 4 within 6 months of its launch in India. The phone will go on sale at 12pm on both Flipkart and Mi.com.Flipkart is giving a 5 per cent discount to those purchasing the phone via Axis Bank credit card. The company website Mi.com is giving a 12-month’s free subscription to Hungama Music, Rs 500 off for Citi Bank credit card users and 10 per cent SuperCash on MobiKwik.Also Read: Xiaomi Redmi Note 4 review: Raising the barThe Redmi Note 4 comes in three storage variants- the 2GB RAM model costs Rs 9,999, 3GB RAM costs Rs 10,999 and lastly the 4GB RAM which is priced at Rs 12,999.  Flipkart recently had launched an offer where the Redmi Note 4 was available at just Rs 1099, but in exchange of phones like iPhone 7 and iPhone 6S.As for phone’s specifications, the Redmi Note 4 comes with a 5.5-inch 1080p IPS LCD display and  is powered by Qualcomm Snapdragon 625 clubbed with Adreno 506GPU. The phone, just like its elder brethren-Redmi Note 3,  sports a metal unibody design. The internal storage is expandable up to 128GB using a hybrid microSD card.  The smartphone is fuelled by 4,100 mAh battery and supports 4G VoLTE . The Redmi Note 4 runs on Android Marshmallow-based MIUI 8.advertisementFurther, the phone comes with a 13MP rear camera and dual-tone flash, f2.0 aperture and Phase Detection Autofocus. There’s a 5MP front camera and also fingerprint sensor at the back.last_img read more