When Su Shaojun launched an audacious plan to build a life-size replica of the Titanic, he felt he was on to a sure-fire winner. After all, James Cameron’s iconic 1997 film had been a worldwide hit – including in China, where it had grossed over US$200 million. At a press event to unveil the project in 2014, Su invited the actor Bernard Hill – who played the captain of the Titanic in the film – to...
When Su Shaojun launched an audacious plan to build a life-size replica of the Titanic, he felt he was on to a sure-fire winner. After all, James Cameron’s iconic 1997 film had been a worldwide hit – including in China, where it had grossed over US$200 million. At a press event to unveil the project in 2014, Su invited the actor Bernard Hill – who played the captain of the Titanic in the film – to appear alongside him as he told the assembled reporters in Hong Kong that his company aimed to...
Formerly unloved vegetable casts off lowly roots to feature in Great Pavilion after online craze among young gardeners They are an unloved root vegetable traditionally grown for cattle feed, and when pulled from the ground they look like an ingredient destined for a witch’s cauldron. But the humble mangelwurzel will be in pride of place in the Great Pavilion at this year’s Chelsea flower show (19-...
Formerly unloved vegetable casts off lowly roots to feature in Great Pavilion after online craze among young gardeners They are an unloved root vegetable traditionally grown for cattle feed, and when pulled from the ground they look like an ingredient destined for a witch’s cauldron. But the humble mangelwurzel will be in pride of place in the Great Pavilion at this year’s Chelsea flower show (19-23 May), after becoming the subject of an online craze among young gardeners. Continue reading...
Four years after the Ukrainian town experienced some of the war’s worst atrocities, a 21-year-old planted bombs outside his own apartment building On a recent evening in March, Bohdan Tymchenko, a quiet and unassuming man from Bucha, logged on to his computer to play the popular video game World of Tanks. Less than two weeks later, he planted two bombs outside his flat. What unfolded in the interv...
Four years after the Ukrainian town experienced some of the war’s worst atrocities, a 21-year-old planted bombs outside his own apartment building On a recent evening in March, Bohdan Tymchenko, a quiet and unassuming man from Bucha, logged on to his computer to play the popular video game World of Tanks. Less than two weeks later, he planted two bombs outside his flat. What unfolded in the intervening days offers a stark glimpse into a growing pattern: Ukrainians drawn in online by Russian intelligence services, promised money or coerced into carrying out sabotage attacks against their own country. Continue reading...
The average one-year price target for Cummins (XTRA:CUM) has been revised to 536,15 € / share. This is an increase of 15.08% from the prior estimate of 465,92 € dated January 13, 2026. The price target is an average of many targets provided by analysts. The la
The average one-year price target for Cummins (XTRA:CUM) has been revised to 536,15 € / share. This is an increase of 15.08% from the prior estimate of 465,92 € dated January 13, 2026. The price target is an average of many targets provided by analysts. The la
Ton Photograph/iStock via Getty Images The Amplify CWP International Enhanced Dividend Income ETF ( IDVO ) was one of my strongest recommendations last year, and it is good to see the ETF deliver on all fronts since then. IDVO shows a total return of ~30% at a time when the S&P 500 has delivered only ~10%. More importantly, IDVO has also lived up to its potential through lower volatility, benefiti...
Ton Photograph/iStock via Getty Images The Amplify CWP International Enhanced Dividend Income ETF ( IDVO ) was one of my strongest recommendations last year, and it is good to see the ETF deliver on all fronts since then. IDVO shows a total return of ~30% at a time when the S&P 500 has delivered only ~10%. More importantly, IDVO has also lived up to its potential through lower volatility, benefiting from a decent value and dividend-focused diversification (not high-growth bets alone) and international exposure. The income promise has also been delivered alongside growth - at over 5% yields (TTM basis at current prices), IDVO does use call writing as an add-on rather than a core strategy to augment a more realistic income without hurting growth or NAV stability. This analysis walks through critical and material changes in the IDVO portfolio (from July last year), with greater exposure to defensives, real assets, commodity-linked geographies, and a reduction in long-duration tech and financials. The portfolio and option strategy together look poised for the forward market, which is likely to be volatile and range-bound. IDVO retains a Strong Buy rating. Portfolio Advantage I downloaded the latest full holdings from the IDVO website and found significant changes to the portfolio compared to where IDVO was in July last year (at the time of my earlier thesis). The active management is clearly at play here. Geographical Allocation - IDVO (IDVO Website, July Thesis) Top 10 Holdings - IDVO (IDVO Website, July Thesis) Sector Allocation - IDVO (IDVO Website, July Thesis) Interestingly, IDVO has delivered a staggering ~30% total returns with a low starting point in tech (when markets were rallying around AI themes) and has been meaningfully downsized further (from ~12.75% earlier to ~8% now). Real assets exposure has stepped up - we see a far higher materials exposure now. Energy exposure has also gone up, although not as visibly as materials. The shift to real assets shows up...
Beta is the measure of a stock's volatility. Stocks with high beta, over 1.0, means the stock is more volatile than the broader market. Stocks with low beta , below 1.0, means they are less volatile and have smaller price swings than the market. Then there are stocks with negative beta, which means they move in the opposite direction of the market. Right now, with the S&P 500 and Nasdaq Composite ...
Beta is the measure of a stock's volatility. Stocks with high beta, over 1.0, means the stock is more volatile than the broader market. Stocks with low beta , below 1.0, means they are less volatile and have smaller price swings than the market. Then there are stocks with negative beta, which means they move in the opposite direction of the market. Right now, with the S&P 500 and Nasdaq Composite in negative territory, that's not a bad thing. Certainly, it's a short-term snapshot, and the markets will head north again, but to navigate the market downturns, a stock with negative beta is a good diversifier to lift your portfolio when most of it is down. Continue reading
mechanick/iStock via Getty Images York Space Systems ( YSS ) became a publicly listed company earlier this year. With demand for space applications increasing in the commercial and especially for national security, the IPO comes at a time when investor interest in space is elevated and before an anticipated IPO of SpaceX, which could lift the space launch and space systems field as a whole in term...
mechanick/iStock via Getty Images York Space Systems ( YSS ) became a publicly listed company earlier this year. With demand for space applications increasing in the commercial and especially for national security, the IPO comes at a time when investor interest in space is elevated and before an anticipated IPO of SpaceX, which could lift the space launch and space systems field as a whole in terms of valuation. In this report, I briefly discuss the IPO, the company’s activities, and the expected growth in the years ahead, and I discuss how this feathers into the share price target for York Space Systems. York Space Systems Raises $629 Million in Upsized Offering The Aerospace Forum York Space Systems raised $629 million on its debut as a publicly listed company in an offering that was upsized from 16 million shares to 18.5 million shares. The optional shares exercised brought in an additional $24.1 million derived from the current share count of 127.61 million . That brings the gross proceeds to $653.1 million and net proceeds to $605 million. York Space System Builds On $543 Million Backlog and Growing Demand York Space Systems York Space Systems builds on growing demand for space applications for national security purposes and has a $543 million backlog. York Space Systems excels in satellite bus manufacturing, payload integration, and mission operations. While the company does have a lot of in-house capability, they are not a supplier of components to other integrators. Instead, they have the in-house capability for critical components and source components from other suppliers and integrate those into a spacecraft and integrate the payload with mission planning and monitoring capabilities. So, it is a vertical space stack from spacecraft level to mission planning and operations. The company has three spacecraft, namely the S-class, LX-Class, and M-Class spacecraft, which are three different types of satellites built on a common core, helping to keep costs down ...
Hong Kong has struck a balance between financial security and innovation in its strategic roles as a “testing ground” and “firewall” for the nation’s reform and opening up, the city’s finance chief has said. Financial Secretary Paul Chan Mo-po said on Sunday that security was core to the objective of achieving high-quality development as geopolitical tensions fuel risks in global financial markets...
Hong Kong has struck a balance between financial security and innovation in its strategic roles as a “testing ground” and “firewall” for the nation’s reform and opening up, the city’s finance chief has said. Financial Secretary Paul Chan Mo-po said on Sunday that security was core to the objective of achieving high-quality development as geopolitical tensions fuel risks in global financial markets and energy supplies. As Hong Kong rolled out the first batch of stablecoin licences last week, the...