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I sold my Cineworld shares this week! Here are 2 UK shares I might buy with the proceeds

first_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. I sold my Cineworld shares this week! Here are 2 UK shares I might buy with the proceeds 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. Royston Wild | Friday, 9th October, 2020 Image source: Getty Images. “This Stock Could Be Like Buying Amazon in 1997” Our 6 ‘Best Buys Now’ Shares 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.center_img Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has recommended Iomart Group and Keywords Studios. 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. Enter Your Email Address See all posts by Royston Wild Earlier this week I finally bit the bullet and sold my shares in embattled cinema chain Cineworld Group. This UK share had fallen around nine-tenths in value from the levels I bought in at a couple of years ago. I hung on in the hope that it could recover some of this ground. However, some chilling new over the weekend fanned my fears that the Cineworld share price could eventually be reduced to zero. So I got out.It’s a sobering experience for investors to throw in the towel and book a big loss like this. Take it from me! Still, there’s no point crying over spilt milk, or sitting on your hands and hoping things get better. When you believe that the value of your investments are only going to carry on going south, you need to take it on the chin and salvage what you can, while you can.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…2 top UK shares on my radarIn fact, UK share investors can take negatives like this and turn them into positives. I myself plan to use the little capital I pulled out of the Cineworld wreckage and use it to buy some exciting shares I’ve had my eye on. What’s more, by using it to buy shares after the recent stock market crash, I’m hoping to turbocharge my eventual returns by buying low and then watching the value of those UK shares rebound spectacularly in value as economic conditions improve.Here are two top-quality and mega-cheap UK shares I’m considering buying for my Stocks and Shares ISA today:Buying IT specialists in the realm of cloud computing looks to be an extremely good idea today. The tough global economy means that many tech specialists might suffer in the short to medium term. However, the rocketing growth of home-working means that UK shares like Iomart could prove highly lucrative. One survey from the Institute of Directors this week suggested that three-quarters of employers will maintain increased levels of home-working even after Covid-19 peters out.I’d also buy shares in Keywords Studios for the post-coronavirus landscape. Video games usage has boomed in 2020 as citizens have either chosen or been forced to stay indoors. The boffins at Statista reckon the number of gamers will continue to climb, too (by 14% between now and 2023). I’d buy Keywords, a provider of a wide range of services to games developers, to get rich off the back of this trend.Helping you to get rich!These UK shares are just a couple of the top stocks I’m thinking of buying after selling out of Cineworld. There’s a world of opportunity for eagle-eyed investors to grab a bargain or two after the stock market crash. And The Motley Fool’s vast library of special reports can help you to find even more. So do some research and get investing today.last_img read more


Bank Mandiri to assist, provide loans to young entrepreneurs

first_imgState-owned Bank Mandiri is seeking to provide loans and financing to young entrepreneurs from various sectors through its entrepreneurship program in a bid to help boost the country’s economic recovery.Corporate secretary Rully Setiawan said on Wednesday that the publicly listed bank would provide the loans to promising young entrepreneurs from various sectors that participated in this year’s Wirausaha Muda Mandiri (Mandiri Young Entrepreneur) competition.“We’re not only seeking winners for this competition. We are also looking for entrepreneurs that we think have huge potential,” he said during the program’s virtual kick-off. He expressed hope that the loans would not only help the micro, small and medium enterprises (MSMEs) owned by the entrepreneurs to thrive, but also help in supporting national economic recovery efforts amid the pandemic.The Indonesian economy contracted 5.32 percent annually in the second quarter, the worst result since the first quarter of 1999, as pandemic restrictions paralyzed business activity and hit household demand.MSMEs, which account for around 60 percent of Indonesia’s gross domestic product, have been among the hardest-hit businesses during the coronavirus outbreak as demand weakens and bank loans become harder to access.President Joko “Jokowi” Widodo has ordered a Rp 123.47 trillion (US$8.35 billion) stimulus for MSMEs, which includes fund placements in banks to boost working capital loan disbursements, loan interest subsidies and cash transfers for unbanked businesses. Diwangkoro Ratam, Bank Mandiri’s head of corporate social responsibility, said that the Wirausaha Muda Mandiri competition was open for entrepreneurs aged between 18 and 35 years old with businesses from various sectors such as the culinary arts, creative industry, technology, and trade and services.The competition’s business plan category this year will help entrepreneurs realize their ideas for new businesses, which could contribute to the country’s economic recovery.“This year’s competition will also be different because we will provide prizes for 84 winners instead of seven,” he said, adding that the competition would be conducted virtually until Oct. 30 to comply with COVID-19 protocols.Diwangkoro said the prize, amounting to a total of Rp 2 billion, would be given out to both regional and national winners.“We hope that these prizes can help them to develop their businesses so that they can play a part in the national economic recovery,” he said.Topics :last_img read more


MLB wrap: Red Sox, Yankees get extra-inning wins to continue turnarounds

first_imgThe Red Sox (9-13) got a sacrifice fly from Christian Vazquez in the 11th inning to finish a three-game sweep of the first-place Rays with a 4-3 win at Tropicana Field. David Price struck out 10 and gave up two runs in five innings.MORE: Watch ‘ChangeUp,’ a new MLB live whiparound show on DAZNNew York’s win wasn’t pretty — the Yankees bullpen squandered a 5-0 lead against the Royals — but Austin Romine played the hero with a walkoff hit in the 10th for a 7-6 victory.🎉WALK-OFF WIN🎉Austin Romine is your hero! pic.twitter.com/v33eG9MvDz— YES Network (@YESNetwork) April 21, 2019New York (11-10) has now won five of six and is only 2 1/2 games behind the first-place Rays.While both teams have some momentum going, they face tough challenges in the days ahead. The Yankees have been wracked by injuries this season that have sidelined almost a dozen key players. Aaron Judge is out indefinitely with an oblique injury, and Didi Gregorius and Luis Severino are out until mid-June and early July, respectively. Giancarlo Stanton, Miguel Andujar, Aaron Hicks, Gary Sanchez, Dellin Betances, Troy Tulowitzki and Greg Bird are all currently out but expected back at various times within the next month or so.In Boston, the Red Sox are dealing with a bad World Series hangover. The pitching has been horrendous (they rank 29th in team ERA) and the offense has struggled so far. But for one day, at least, everything worked out well for the two AL East rivals.Studs of the NightNationals right-hander Stephen Strasburg struck out 11 Marlins in eight scoreless innings, yielding only two hits, to earn his second victory of 2019. Ryan Zimmerman hit two solo homers for all the offense Washington needed in a 5-0 win.Third baseman Josh Donaldson went 3 for 4 with a pair of home runs and four RBIs in the Braves’ 11-5 win over Cleveland.Rockies right-hander Jon Gray gave up only one hit in six scoreless innings against the Phillies, striking out five.Angels DH Tommy La Stella cracked a pair of solo homers in an 8-6 win over the Mariners.Rangers left-fielder Joey Gallo had five RBIs in an 11-10 victory over Houston.Dud of the NightAstros starter Collin McHugh got hammered by the Rangers, giving up nine earned runs and eight hits in 3 1/3 innings.HighlightsOakland center fielder Ramón Laureano usually makes the highlight reel because of his cannon-like arm, but here he takes away a sure home run from Teoscar Hernandez. And the Athletics turn it into a whacky double play.Wait … WHAT? 😳 pic.twitter.com/HAJAnjdJ9A— MLB (@MLB) April 21, 2019Noah Syndergaard slugs his fifth career home run — with a lot of help from Cardinals center fielder Dexter Fowler. Noah Syndergaard can hit homers on his own. This time, Dexter Fowler helped him out. #Mets pic.twitter.com/GmjqT1Qj9i— Today in MLB (@TodayintheMLB) April 21, 2019No one, not even Josh Hader, can stop Cody Bellinger right [email protected]_Bellinger just hit the 2nd homer EVER off Josh Hader by a LHB.Lefties were hitting .103 (16-for-156) vs. Hader. pic.twitter.com/RJLBrh5q3u— MLB Stats (@MLBStats) April 21, 2019What’s NextPhillies (12-9) at Mets (11-10), 7:10 p.m. ET — The Mets really need Steven Matz (1-1, 4.96 ERA) and other starters to step up with ace Jacob deGrom sidelined. Philadelphia starter Jake Arrieta (3-1, 2.25 ERA) appears to have found his groove again after a rough 2018 campaign. The Red Sox and Yankees, expected to battle each other for first place in the AL East, have instead been battling mediocrity this year, with both teams off to sluggish starts.But they’ve both built some momentum in recent days, and each scored an extra-inning victory Sunday to continue in the right direction.last_img read more


Leaked Federal Guidelines Suggest Florida Take Harsher COVID Measures

first_imgGov. Ron DeSantis has stated he does not plan to again close businesses that were allowed to reopen in May. He also supports having children return to the classroom for school.“Florida is seeing broad community spread in many counties and metros,” the report goes on to say.Most of the task force’s recommendations are already in place in Palm Beach, Broward and Miami-Dade counties.County commissioners in the three South Florida counties have already passed laws requiring people to wear masks in public.However, unlike the relaxed rules in 64 other counties throughout the state, South Florida restaurants, retailers, gyms and other businesses are under tighter restrictions.Under the task force recommendations, masks would be mandatory statewide, and restaurants would be restricted to outdoor dining. Gyms would be closed. The task force also says that groups in the red zone counties and metro areas should be limited to 10, a policy which is already in place in Palm Beach, Broward and Miami-Dade counties. In order to stop the spread of the coronavirus, masks should be mandatory and new restrictions should be placed on restaurants, gyms and other businesses in 12 Florida counties and 12 metro areas, according to an unpublished report by the White House Coronavirus Task Force that was obtained Thursday by the Center for Public Integrity.Saying Florida is among 18 states in the “red zone” according to key measures, the report outlines a series of steps that should be taken.“Florida is in the red zone for cases, indicating more than 100 cases per 100,000 population last week, and the red zone for test positivity, indicating a rate above 10 percent,” according to the report, which was dated Tuesday.It says that Florida tallied 308 new infections for every 100,000 residents from July 7 through last Tuesday, nearly triple the national average of 119 cases per 100,000.The report recommends crackdowns in Palm Beach, Broward, Miami-Dade, Hillsborough, Pinellas, Pasco, Polk, Orange, Collier and Lee counties.In addition, it calls for strict measures be taken in Jacksonville, which is slated to host the Republican National Convention next month.Other  areas that are also in the red zone include Port St. Lucie, Daytona Beach, Pensacola, Tallahassee and Lakeland.Another 12 counties and several metro areas throughout the state are in the “yellow zone,” considered to be at risk.Dr. Deborah Birx, a leader of the task force, told the nonprofit government watchdog group that the weekly report is shared with governors.center_img In addition, the report recommends that efforts be made to immediately test all people and families who either threw or attended parties or large gatherings during the July 4 holiday weekend.It says testing should be expanded, especially into neighborhoods with the help of community-based groups who can help reach “multi-generational families” and explain the risks and steps to take to avoid infection.In total, the task force said 18 states are in the red zone, as their caseloads are increasing. Eleven of those states are also in red zones because the percentage of people testing positive is growing. Florida is in both categories.last_img read more


Eagles QB Michael Vick gets schooled in chess

first_imgVick competed against some great young chess players as part of the Eagles Chess day sponsored by ASAP/After School Activities Partnership and the Eagles Youth Partnership.“It’s really nice to play chess with the kids to see how much they’ve learned and how much they know,” Vick said. “Any time you have a chess game, you have fun doing it. You’re trying to outplay your opponent. You’re trying to take more pieces from them. These kids can play. They’re real good. I’m proud of them. It’s good to see how much they’ve learned.”The Eagles Chess Day is an invitation only event for 225 of the strongest and most dedicated young chess players (grades 2–12) from ASAP’s Philadelphia Youth Chess Challenge—a community of 3,000 students playing in 230 afterschool clubs in schools, libraries and community and recreation centers across the city. In addition to meeting and competing against Eagles like Vick, these outstanding students went head-to-head in four rounds of competition. After that, there was an awards ceremony in the Eagles locker room.Jowel Ammons, a student from PMA at Leeds, had a chance to play chess against Vick. Ammons is a big Eagles fan. He was excited to face the Eagles signal caller.“Playing chess against one of the best quarterbacks in the NFL was absolutely the best,” said Ammons, who will attend Penn State in the fall.“Michael Vick knows how to play chess. I was a little intimidated at first from the moves he was making. I said, ‘Wow, he knows how to play chess. I might be in for some trouble. But down the road, I got my confidence up. I gave it everything I got and won the game.”Since 2002, ASAP has worked to increase the number of after school enrichment programs for school-aged youth in an effort to improve academic achievement and decrease the incidences of youth violence, and to provide information on these programs to parents, caregivers and youth-workers.ASAP’s programs complement classroom-learning and are correlated with academic achievement.The Eagles Youth Partnership has been a key supporter of ASAP and the Chess Challenge since its inception. Established in 1995, EYP is the charitable wing of the Eagles, focusing on health and education initiatives for children throughout the Philadelphia Region.EYP and ASAP share in their missions to improve opportunities and enhance the quality of life for children and youth in Philadelphia. Sarah Martinez-Helfman, executive director of EYP, has been very impressed with Vick’s community involvement with the youth.“It’s great,” Martinez-Helfman said. “Ever since Michael got to the team, he’s been a great example. He’s been involved with the schools and the community. This is another example of that. He loves to play chess. This was a perfect match.”Vick continues to make good moves on and off the field.(Donald Hunt is a staff writer for the Philadelphia Tribune. He can be reached at [email protected]) by Donald HuntFor New Pittsburgh Courier PHILADELPHIA (NNPA)—Michael Vick, Philadelphia Eagles quarterback, has played a lot of football games at Lincoln Financial Field. However, Vick made a special appearance at the Linc earlier this month not to play football, but to play chess against some of Philadelphia’s most talented chess players. MAKING A MOVE—Michael Vick is shown playing chess with area youngsters as part of the After School Activities Partnership and the Eagles Youth Partnership. (Philadelphia Tribune Photo/Joseph Kaczmarek) last_img read more