Friday, March 16, 2018

New Flyer Industries Inc. - NFI.t

New Flyer Industries Inc. - NFI.t is the leading manufacturer of heavy-duty buses in the U.S. and Canada.

New Flyer has grown to an international organization of over 2,200 highly-skilled people dedicated to planning, producing and servicing the industry’s most reliable heavy-duty transit vehicles.

On March 15, 2018 the company released News

New Flyer Industries Inc. has declared a quarterly dividend for the period from Jan. 1, 2018, to March 31, 2018, on the common shares of NFI Group in the amount of 32.5 cents per share to holders of record at the close of business on March 29, 2018. The dividend will be payable on April 16, 2018.

Thursday, March 15, 2018

Enbridge Inc. - ENB.t

Enbridge Inc. - ENB.t transports and delivers energy through pipeline networks across the continent.

Enbridge operates the world's longest and most sophisticated crude oil and liquids transportation system, shipping more than 2 million barrels of crude oil and billions of cubic feet of natural gas daily.
On March 9, 2018 the media reported News

The Financial Post reports in its Friday edition that the head of Royal Dutch Shell has dropped a hint that his company is keen to invest in liquefied natural gas projects -- a tantalizing prospect for Canadian gas producers desperate to access rapidly changing global energy markets. The Post's Geoffrey Morgan writes that Shell chief executive officer Ben van Beurden did not specifically mention the company's LNG Canada project in Kitimat, B.C., when he addressed a room of oil and gas executives on Wednesday, but indicated the company is looking to finalize new investments.

Wednesday, March 14, 2018

Semafo Inc. - SMF.t

Semafo Inc. - SMF.t owns and operates the flagship Mana Mine in Burkina Faso, which includes the high-grade satellite Siou and Fofina deposits, and is developing the advanced gold deposit of Natougou. Semafo produced 206,400 ounces of gold at AISC of $942 in 2017.

On March 6, 2018 the company released Numbers

SEMAFO Inc. (TSX:OMX) (TSX:SMF) today reported its financial and operational results for the fourth quarter and year ended December 31, 2017.  All amounts are in US dollars unless otherwise stated.
  • Gold production of 206,400 ounces compared to 2016 production of 240,200 ounces
  • Total cash cost1 of $655 per ounce sold and all-in-sustaining cost1 of $942 per ounce sold
  • Gold sales of $259.0 million compared to $300.5 million in 2016
  • Net income attributable to equity shareholders of $20.0 million compared to $34.2 million in 2016
  • Cash flows from operating activities2 of $107.0 million compared to $142.2 million for the same period in 2016
  • Drawdown of incremental $60.0 million from Credit Facility with Macquarie Bank Limited in June 2017

Theranos founder Elizabeth Holmes charged with massive fraud

Theranos is an American privately held health technology company based in Palo Alto, California. The company is known for its unsuccessful attempt to create blood tests using small amounts of blood. It was founded in 2003 by Elizabeth Holmes.

Theranos raised more than $700 million in funding with a $9 billion valuation. In 2015, concerns about the validity of its technology were exposed by The Wall Street Journal. The SEC charged Theranos and Holmes with fraud.
Holmes reached a settlement, and paid $500,000 in fines and "was stripped of control of the company and barred from being an officer or director of any public company for 10 years." She will also return approximately 18.9 million shares of stock and relinquish her super-voting equity rights. It was estimated that Holmes' personal net worth had dropped from $4.5 billion to $0.

By all accounts the entire operation was a complete sham and fraud.