The UK’s 350 wealthiest individuals and families now have a combined wealth of £784bn, Sunday Times reports New billionaires this year include Sir David and Victoria Beckham. The Beckham’s fortune has more than doubled in the last year, up to £1.185bn from £500m in 2025. The 131-acre Freedom Park development encompasses shops, offices, restaurants, and parkland and residential homes. The Beckhams’...
The UK’s 350 wealthiest individuals and families now have a combined wealth of £784bn, Sunday Times reports New billionaires this year include Sir David and Victoria Beckham. The Beckham’s fortune has more than doubled in the last year, up to £1.185bn from £500m in 2025. The 131-acre Freedom Park development encompasses shops, offices, restaurants, and parkland and residential homes. The Beckhams’ investment here should be worth another £370 million. Continue reading...
(RTTNews) - Auckland International Airport Ltd. (AIA.AX) reported Friday that total passengers through Auckland Airport reached 1.56 million in April, up 1 percent on the prior year.
(RTTNews) - Auckland International Airport Ltd. (AIA.AX) reported Friday that total passengers through Auckland Airport reached 1.56 million in April, up 1 percent on the prior year.
ilker razaki/iStock via Getty Images Hemisphere Energy ( HMENF ) has changed quite a bit since my last article . That is why I would like to revisit my thesis. When I first wrote about the company, it was a boring, clean, and very defensive oil microcap stock. The balance is clean, CapEx is low, and dividends are actually attractive—all of this is making a bullish thesis. However, the WTI environm...
ilker razaki/iStock via Getty Images Hemisphere Energy ( HMENF ) has changed quite a bit since my last article . That is why I would like to revisit my thesis. When I first wrote about the company, it was a boring, clean, and very defensive oil microcap stock. The balance is clean, CapEx is low, and dividends are actually attractive—all of this is making a bullish thesis. However, the WTI environment, polymer costs, and dependency on Atlee Buffalo did not let me rate this company higher than hold. Now, I have to admit, WTI pushed the company above my rating, and the overall situation changed. Not because Hemisphere became a diversified growth business. We won't find it here. But the main pressure points got softer. The oil environment got better, special payouts did not stop, and 2026 guidance shows that the base dividend is not that sensitive, as I wrote in my last article. Now, I believe that we should look into the company and see whether it is worth re-rating it. 2025 Analysis 2025 was not really very clean for them, in my opinion. Q4 really showed that Hemisphere margins were not secured from realized price drops. Petroleum and natural gas revenue dropped to C$19 million from C$23.4 million a year ago, and the realized combined price dropped to C$61.55/boe from C$75.59/boe, not the best numbers, to be fair, but that should have been expected at full exposure. Realized combined price also dropped C$44.10/boe, which again should have been expected. Free funds flow in Q4 was just C$2.2 million, when a year ago it was C$7.1 million, making this quarter a weaker one in my opinion. But, we should look at the overall 2025 trend, because I believe it is more important than one weak quarter. Production increased 6% to 3645 boe/d, free funds flow per year increased to C$26.6 million, and the company was still returning capital to shareholders. Around C$9.6 in base dividends, C$5.8 million in special dividends, and C$6.5 million in buybacks, which, let's be fair, for a co...