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The Boohoo share price. Would Warren Buffett buy, sell, or hold?

first_img Image source: Getty Images. G A Chester has no position in any of the shares mentioned. The Motley Fool UK has recommended boohoo group. 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. 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. Boohoo (LSE: BOO) shares have fallen 40% in the space of just a month. Warren Buffett has famously advised investors to “be greedy when others are fearful.” So, after the precipitous fall in the Boohoo share price, would he buy, sell, or hold the stock today?On the face of it, the answer seems straightforward. Buy! However, before you jump in with both feet, I think it’s worth considering whether, in Boohoo’s case, some of the great man’s other musings trump his “be greedy” tip.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 Boohoo share price collapseAs recently as 17 June, Boohoo’s shares were trading at a new all-time high price of 415p. As I’m writing they’re trading around 245p.The slump followed a Sunday Times article on 5 July. It reported on an undercover investigation that found workers in Leicester, making clothes destined for Boohoo-owned brand Nasty Gal, were being paid as little as £3.50 an hour.Boohoo claimed to be “shocked and appalled” by the allegations. It announced it was launching an independent review of its UK supply chain, led by Alison Levitt QC. However, further media coverage and probing highlighted how Leicester’s rag trade ‘dark factories’ had been an open secret for years. And the Boohoo share price has remained depressed.Last week, in a report titled ‘Boohoo’s reputation craters after modern slavery allegations’, YouGov published its BrandIndex charts showing the scale of the damage done to the firm’s reputation.Warren Buffett and reputationBuffett puts great store in the reputation of a company and integrity of its managers. Testifying before Congress in 1991, regarding a scandal rocking investment bank Saloman Brothers in which he owned shares, he said: “Lose money for my firm and I will be understanding; lose a shred of reputation for the firm, and I will be ruthless.”Going by this stance, far from being greedy and buying Boohoo stock, Buffett would sell it in a flash. However, if we look a little further, we find his position isn’t quite as clear-cut as he stated it in 1991.Cockroaches in the kitchenBuffett sold his holding in Tesco after a string of damaging issues — including a cooking-the-books scandal — emerged during 2014. His regret was he didn’t sell as quickly as he might have done. He chastened himself, saying: “You see a cockroach in your kitchen; as the days go by, you meet his relatives.”Buffett used the cockroach analogy again in 2016 when a fake-accounts scandal emerged at one of his biggest investments, Wells Fargo. However, in this instance, he held on to his shares. The bank’s name was increasingly dragged through the mud, as more cockroaches appeared. Yet Buffett continued to hold, and retains a substantial stake in the business to this day.Here’s what I’d do about the Boohoo share price. If we avoid cherry-picking from Buffett’s words of wisdom, it seems there’s no clear-cut answer to the question of whether he’d buy, sell, or hold Boohoo shares. Personally, I’m watching the stock until management announces the terms of reference for the QC’s independent review.The terms are due to be announced by the end of the month. How wide or narrow they’re set should give us an idea of how open the company is to having its supply chain investigated. And how serious Boohoo is about resolving any issues discovered. See all posts by G A Chester Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! The Boohoo share price. Would Warren Buffett buy, sell, or hold?center_img 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. Simply click below to discover how you can take advantage of this. G A Chester | Monday, 20th July, 2020 | More on: BOO Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” 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.last_img read more


‘The soul of our country’: A conversation with the presiding…

first_img Cathedral Dean Boise, ID Presiding Bishop Michael Curry Assistant/Associate Rector Morristown, NJ Canon for Family Ministry Jackson, MS Priest-in-Charge Lebanon, OH Associate Rector Columbus, GA Lent 2020, ‘The soul of our country’: A conversation with the presiding bishop on his Lenten call for prayer and fasting Director of Music Morristown, NJ Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Lent, Submit an Event Listing Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Curate (Associate & Priest-in-Charge) Traverse City, MI Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Submit a Press Release Tags Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Press Release Service By Egan MillardPosted Feb 20, 2020 The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Rector Tampa, FL Rector Hopkinsville, KY An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Curate Diocese of Nebraska Rector Albany, NY Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Rector Smithfield, NC Rector (FT or PT) Indian River, MI Rector Belleville, IL New Berrigan Book With Episcopal Roots Cascade Books Rector Collierville, TN Rector Bath, NC Rector/Priest in Charge (PT) Lisbon, ME Priest Associate or Director of Adult Ministries Greenville, SC Director of Administration & Finance Atlanta, GA Bishop Diocesan Springfield, IL Course Director Jerusalem, Israel Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Featured Events [Episcopal News Service – Salt Lake City, Utah] Read Presiding Bishop Michael Curry’s 2020 Lenten message and you may notice something different from previous years. For one thing, the tone is noticeably solemn, with phrases like “profound division,” “genuine crisis of national character” and “great national concern and urgency.”But there’s also an invitation from Curry to join him and a group of other Christian leaders in weekly fasting on behalf of the United States as it grapples with “violence, discord, and confusion,” in the words of the Prayer for Our Nation found in the Book of Common Prayer, which Curry invokes in his message.Presiding Bishop Michael Curry at the Executive Council meeting in Salt Lake City, Utah, on Feb. 15, 2020. Photo: Egan Millard/Episcopal News ServiceCurry and the same group of diverse leaders from evangelical, mainline Protestant and Catholic churches released the “Reclaiming Jesus” statement in 2018. This year, in light of what they see as a worsening political and cultural crisis in the U.S., those leaders are committing to fast every Wednesday from Ash Wednesday (Feb. 26) until Advent.But why fasting? And why now? Episcopal News Service sat down with Curry at the Executive Council meeting in Salt Lake City, Utah, on Feb. 15 to talk about what led to this statement and invitation. The conversation below has been edited and condensed for clarity.ENS: Many people today have come to see fasting as a sort of archaic form of self-punishment. What does fasting mean to you?There are a lot of ways that people can fast. Abstinence, giving up something, is a modified form of fasting. Some people fast by giving up food – but you drink water, no matter what – until sunset, and then there’s just the 24-hour fast.Part of fasting is a spiritual practice that, when I’ve done it, makes me realize how dependent I am on the habits that I have. We need food to live – that’s not the question. I’m more dependent on the excess that is beyond what is necessary for living. I have a feeling I’m not alone in that! So it is not punishment; it’s just kind of a calling back to what is essential, both biologically and spiritually. What do you really need to live? And that is quite liberating.ENS: What does it mean to fast in the context of prayer and repentance? How does fasting connect with the political situation in the U.S. right now?We are in a desperate situation right now when we are often failing to learn how to live together with difference. And this has nothing to do with partisan politics. This is bigger than that. Democracy depends on the human capacity for relationship. If those relationships aren’t there on some fundamental level, the very fabric of the democracy’s not going to hold. That is a house divided against itself. And Jesus said it before Lincoln quoted it: “A house divided against itself will not stand.” And that is not about where you stand on issues. That’s deeper. That is a deeper spiritual, relational reality. How do you get a toehold on that? That is a spiritual issue, and it’s going to take some spiritual engagement.When I was in conversation with some of the other [Reclaiming Jesus] leaders, I said, “Let’s do this even if we don’t get a big following. Let’s do it anyway.” Especially about the fasting part. The people who were in that group are Republicans and Democrats and independents. I mean, it’s a mix. And there’s a lot of stuff we don’t agree on. But we’re all Christian and we’re clear about that. Where we agreed was that our nation is in spiritual trouble. So we have to claim spiritual resources that help us engage that. It doesn’t solve everything, but it’s a first step. Fasting is in the biblical tradition – not just in the Christian tradition but other traditions as well. It goes back to Judaism, to be sure, but it’s in other religions – prayer and fasting in times of real and great peril, where divisions are deep. Gandhi sometimes fasted to stop violence between Hindus and Muslims. It didn’t always work, but sometimes it did.There’s something about the fast where you put more of yourself out there than just talking to God about it. I can’t do everything, but this is a little something I can do. And it’s a reminder to me of how serious this is. I don’t think I’ve ever before prayed and fasted during Lent with a particular intention in mind before. But I’ve always done it as a spiritual practice. I grew up doing that.ENS: It’s typically thought of as an inward practice, but you’re saying it can lead to an outward change, right?Yes. When the group was talking, people kept looking for solutions. We didn’t have any. What do we do in this situation? And so part of fasting is a cleansing – biologically, too – but then there’s a cleansing to open us up to hear the Spirit. How do we help each other through this? And I don’t have those answers, but I believe in a God who does.ENS: Is this the first time the Reclaiming Jesus group has made a specific invitation for prayer and fasting for national unity?Yes, it was really specific. I think the last time we did it, it was a more general thing. This time, our nation is in peril. I’ve not seen it like this. And this is not about the president. This is not about the Democrats. Something is fundamentally wrong. We need God. God’s not gonna do it for us, but God will do it with us. And this is one profound way – a fast day a week throughout Lent, for example, or for the rest of the liturgical year – to actually pray for this country.In the U.S., we pretty much live in areas where people are like us or think like us. Some of that is racial, but it’s bigger than that. America has resegregated in a new form: people who agree with me. There’s no real conversation. There’s no relationship going on. Even the sources of information that we get are segregated. That means you don’t have the capacity to recognize where you have differences and where you have common ground.So that’s why, I mean, I’m almost pleading with Episcopalians – get on your knees. And if your knees can’t take it, if you just had a knee replacement, get on a metaphorical knee and pray. And if you’re not the kind of person who’s comfortable praying off the cuff, that’s why I took a prayer right out of the prayer book. There are some good prayers in there! God’s not looking for you to put on a show. He just wants you to pray. Take this Lent and really pray for the soul of our country. Not that we will be greater than anybody else – pray for the soul of our country.– Egan Millard is an assistant editor and reporter for Episcopal News Service. He can be reached at [email protected] Associate Rector for Family Ministries Anchorage, AK In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Featured Jobs & Calls Youth Minister Lorton, VA Family Ministry Coordinator Baton Rouge, LA Rector Washington, DC Missioner for Disaster Resilience Sacramento, CA Assistant/Associate Rector Washington, DC TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Rector Pittsburgh, PA Rector Shreveport, LA Rector Knoxville, TN AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Associate Priest for Pastoral Care New York, NY Submit a Job Listing Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Assistant/Associate Priest Scottsdale, AZ Rector Martinsville, VA Rector and Chaplain Eugene, OR This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 last_img read more


Roadside watermelons hit the sweet spot, Renfroe says

first_img Print Article Troy falls to No. 13 Clemson Sponsored Content Roadside watermelons hit the sweet spot, Renfroe says By The Penny Hoarder For 15 years, Mattie Renfroe and her husband, Hubbard have been planting and selling watermelons under the shade tree in their yard on Highway 29 just north of Banks. Renfroe enjoys the company of her customers, some travelers and some locals.On Highway 29 just north of Banks and not yet to Josie, a couple of handmade signs are the only indication that motorists are approaching watermelon country.Even so, folks who have knowledge of the sugar sweetness of the watermelons that grow on the Hubbard and Mattie Renfroe property know where to stop.For 15 years, the Renfroes have been growing and selling watermelons under the shade tree in their side yard. Remember America’s heroes on Memorial Day Plans underway for historic Pike County celebration Email the author Around the WebIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthGet Fortnite SkinsTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel Skip Pike County Sheriff’s Office offering community child ID kits Published 3:00 am Tuesday, July 19, 2016 “Being right here on the highway, we have a lot of people that stop in,” she said. “Most of them are local people but we do have travelers that see the signs and stop. We have one man that comes and loads up a trailer and takes the watermelons off to sell. Just the other day, he got 164 watermelons and he’ll probably be back soon.”Renfroe said she and her husband realized a long time ago that watermelons could put a little jingle in their pockets. A little jingle can be encouragement to most any farmer.“Curtis said he watched his dad plow with a mule, one row at a time, up one row and down the other,” Renfroe said. “Now, he’s got an eight-row planter and a GPS to drive it. Farming has changed a whole lot.”But people’s taste for watermelon has not changed. Book Nook to reopen Latest Stories “Back when I was growing up, we had a garden that kept the family fed,” Renfroe said. “We planted a few watermelons just for us. We didn’t think about selling them and, if we had, nobody would have bought them because everybody had a watermelon patch.”Renfroe said if someone had told her back then that she would be the overseer of a 15-plus watermelon patch and would be selling the sweet-tasting melons off a trailer for paper money, she would have laughed.”Not many people today have watermelon patches. A tomato plant or two is about as close to farming as most people get.“Growing watermelons is a lot of trouble and a lot of hard work,” Renfroe said. “You have to plant, fertilize and spray if you hope to make any melons and you’ve got to have a good bit of space.Once the melons are ready, somebody’s got to pick them and that’s a job. Our big watermelons weigh about 35 pounds and we’ve got smaller ones. The heavy ones are hard to carry.”Renfroe said she’s doesn’t know how any watermelons are left in the field.“The weeds are trying to take them but weeds are good,” she said. “They shade the watermelons and they won’t get blister spots.  But I do know we’ve still got a lot of melons and I’ll be right here selling them.”A watermelon that’s purchased at a market might be just a sweet as one that’s purchased under a shade tree on a backcountry road but, as Mattie Renfroe said, it sure doesn’t taste like it. By Jaine Treadwell There’s enough business up and down busy Highway 29 to keep Curtis Renfroe in the watermelon patch more often than he wants to be.“It used to be that Hubbard and I would get in his old blue pickup truck and go out in the patch and get a load of watermelons and stack them on the trailer for sale,” Mattie Renfroe said. “I don’t go anymore so Curtis, my son, gets somebody to help him and they pick and stack the watermelons on the trailer.”Mattie Renfroe does most all the selling of the melons and enjoys the company of her customers. The Penny Hoarder Issues “Urgent” Alert: 6 Companies… You Might Like Taking flight The United States Navy Blues Angels C-130 Hercules “Fat Albert” performs during the Pensacola Beach Air Show over Pensacola Beach,… read morelast_img read more


Rohr Says Eagles Not Under Pressure as S’Africa Storms Uyo

first_imgAFCON 2019 QUALIFIERBaxter: Bafana Bafana not intimidated by Nigeria’s starsOkon Bassey in UyoSuper Eagles Technical Adviser, Gernot Rohr, has admitted missing key Nigerian star players like John Mikel Obi, goalkeeper Carl Ikeme, Victor Moses and dependable defender, Leon Balogun ahead of the 2019 Africa Cup of Nations Group E clash with South Africa on Saturday. They are all nursing one form of injury to the other. Speaking at a media parley at the Ibom Le-Meridien and Golf Resort in Uyo yesterday, the Franco-German gaffer however stressed that he had no choice but adapt to the situation by bringing younger players into the Eagles.Rohr: “We are without some of our important players in the team. We miss our captain, John Mikel Obi who is injured. We miss our goalkeeper, Carl Ikeme who is injured as well. We will miss a very important defender, Leon Balogun who is not here, so we have to reconstruct the team to beat South Africa.“It will not be easy to beat them (Bafana Bafana). It is very difficult for me to name my starting 11 from the 24 players in camp because everyone is fit,” observed Rohr while fielding questions on the preparation of the Eagles for the game.Despite the setback caused by the absence of Mikel and others, Rohr flanked by some of his players insisted he’s not under any pressure.“Nobody is telling me how to do my work; I work independently with my assistants. There is no pressure on me to field any players.“We have good players from Nigeria in this team, I have some fine players. We have good players who can play well for this country. No pressure on me, the team is open to all good Nigerian players,” Rohr stressed.While also fielding questions from reporters, Super Eagles interim Captain, Ogenyi Onazi, said the objective of the team in Uyo is to win the game and subsequent ones and qualify Nigeria for AFCON 2019 in Cameroon as well as the World Cup 2018 in Russia.He said: “We want to do our own and make sure we win the match on Saturday. Definitely we need the prayers of all Nigerians. We just want to let them know that it is not going to be easy.“We need your support; you should come out and support us to make sure we get the three points on Saturday,” stressed the Turkey based player.Also speaking, an Akwa United FC player, Alhassan Ibrahim, who is one of the home- based players in the team, said that he was excited selected for the national team.Ibrahim said that it was an honour for him to be selected to feature for Nigeria at the national level out of the three players invited by the coach.He noted with pleasure the cooperation he enjoyed from the experienced senior players since he joined Eagles training camp in Corsica and Paris.Meanwhile, Bafana Bafana of South Africa and their technical crew arrived Uyo yesterday with their Head Coach, Stuart Baxter, warning that his wards are not intimidated by Super Eagles profile in Europe.Baxter, the players and crew who checked into the Ibom Le-Meridien Hotel and Golf Resort at about 2.07 pm yesterday afternoon said the South African national team players are unfazed by the status of clubs where most of the Super Eagles ply their trades.According to him, playing as a unit remains more important to him than having individual star footballers stressing that, “We don’t have the big stars but we have a team. Every Africa nation faces the same problem but then the coaches try to balance the stars and others.“We are not going to be defensive or careful because Nigeria has good players. We should not be intimidated by anybody. David had beaten Goliath but this is not a case of David and Goliath because there is no David and Goliath in this game.“Nigeria is the favourite for this game but will South Africa be intimidated? No. Though the Super Eagles have more time to train but that is the way it is.“We are confident in the way we are approaching the game at the moment but the players know what to do together the job done. The players are hopeful ahead of the game but not intimidated,” Baxter emphasized.Speaking on the effect of the weather on the team, Baxter who is making a return to the team after an eventful first stint said that though humid and warmer, his players have not complained about conditions as they are professionals.“The weather is okay. South Africans can adapt to the weather. It is warm and a bit humid. I am not used to it but the players are not complaining and they have told me to get used to it,” he concluded.FIXTURESFRIDAYGroup A: Sudan v MadagascarGroup E: Libya v SeychellesSATURDAYGroup A: Senegal v Equatorial GuineaGroup B: Malawi v Comoros, Cameroon v MoroccoGroup C: Burundi v South Sudan, Mali v GabonGroup E: Nigeria v South AfricaGroup F: Sierra Leone v KenyaGroup G: Democratic Republic of Congo v Congo BrazzavilleGroup H: Ivory Coast v GuineaGroup I: Botswana v Mauritania, Burkina Faso v AngolaGroup J: Niger v SwazilandGroup L: Tanzania v Lesotho, Cape Verde v UgandaSUNDAYGroup D: Benin v Gambia, Algeria v TogoGroup F: Ghana v EthiopiaGroup G: Zimbabwe v LiberiaGroup H: Central African Republic v RwandaGroup J: Tunisia v EgyptGroup K: Zambia v Mozambique, Guinea-Bissau v NamibiaNote: hosts Cameroon, 12 group winners and three best runners-up after six match-days qualify for 2019 tournament.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more