Corporation

4 engineers from the municipality of Thane accused of bad road works, suspended | Thane news

THANE: The Municipality of Thane has suspended four engineers, holding them responsible for poor quality road works in their jurisdiction while three contractors were slapped with notices and a warning to be blacklisted, officials said on Saturday . It comes a day after District Guardian Minister Eknath Shinde examined the situation of pothole-riddled roads in Thane and warned of tough action against those responsible. A parallel investigation will be conducted into the work under the supervision of MMRDA, MSRDC and PWD, Shinde said on Saturday.
Arjun Ahire, municipal engineer at TMC informed junior engineer Sandeep Gaikwad, executive engineer Prakash Khadtare, assistant engineer Sandeep Sawant and executive engineer Chetan Patel have been suspended by municipal commissioner Dr Vipin Sharma for breach of their duties. homework due to poor road conditions.
Officials, citing the order, said engineers were responsible for keeping the roads well maintained and checking the quality of the repair work, which they failed to do. “Road repairs are punished with an adequate budget, but if the work being done is of inferior quality and the engineers do not supervise it properly, it will not be tolerated,” said Shinde.
A special working group has been set up under the tutelage of collector Thane to coordinate and resolve all road-related issues in the region.
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Joy Spreader Group Signs Strategic Agreement with Poly Film Investment Corporation to Further Explore Coordinated Development in Technology and Creative Industries

BEIJING, September 25, 2021 / PRNewswire / – China’s leading marketing technology company, Joy Spreader Group Inc (06988.HK) (“Joy Spreader”), has signed a comprehensive strategic cooperation agreement with Poly Film Investment Co., Ltd. (“Poly Film”) ) during the 11 Beijing International Film Festival. The agreement details in-depth coordination across many areas of the creative industries, from content production and online advertising, marketing and industry consulting. Going forward, companies will continue to proactively explore different models of cooperation, from partnerships to joint ventures.

Poly Film is a state-backed specialty company covering full industrial film, television and entertainment chains under the umbrella of China Poly Group Corporation and Poly Culture Group Corporation Limited. Poly Film’s strategic commercial positioning is that of a boutique cinema operator specializing in content production that aims to promote film culture through the integration of technology and entertainment. Poly Film is actively developing its online business in order to stimulate the development of industrial technology.

Joy Spreader was listed on the Hong Kong Stock Exchange in September 2020 and is from China A leading marketing technology company specializing in serving the new media-based mobile consumer market and mobile Internet industry. Its data-driven and algorithmic technology can help consumer products such as those in e-commerce platforms directly reach end consumers based on their personal interests. Joy Spreader operates on a cost per sale (CPS) and cost per action (CPA) basis with product vendors and new media publishers.

The comprehensive strategic cooperation agreement between the two parties marks an important milestone for state-supported cultural and technological enterprises as they explore innovative ways to integrate and further develop advanced technologies in the cultural industry. . The agreement will contribute to the long-term and coordinated development of the creative media industry and new Internet media.

Cision

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SOURCE Joy Spreader Group Inc.

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The Flowr Corporation – Quarterly ATM Program Update

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR UNITED STATES DISTRIBUTION

TORONTO, Sep 25, 2021 (GLOBE NEWSWIRE) – Under the Market Equity Program (“ATM program“) by The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flower“or the”Society“), and as required under National Instrument 44-102 – Shelf distributions and the policies of the TSX Venture Exchange (“TSXV“), the Company announces that, from the start of the ATM program on June 1, 2021 until its first quarter ended June 30, 2021, it has issued a total of 238,500 common shares of the Company (the”ATM actions) On the TSX Venture Exchange, for total gross proceeds to the Company of $ 62,212.45. The ATM Shares were sold at the prevailing market prices, for an average price per ATM Share of $ 0.27. In accordance with the equity distribution agreement associated with the ATM program (the “”AED), A cash commission of $ 1,866.37 on the total gross proceeds raised was paid to the agent in connection with his services under the EDA until June 30, 2021.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the common shares of the Company, and there will be no sale of the common shares of the Company in any province, state or jurisdiction. jurisdiction in which such offering, solicitation or sale would be illegal prior to registration or qualification under the securities laws of such province, state or jurisdiction.

About Flow

The Flowr Corporation is a Canadian cannabis company with operations in Canada and the European Union. Its Canadian operating campus, located in Kelowna, British Columbia, includes a specially designed and GMP-designed indoor grow facility, an outdoor and greenhouse grow site, as well as an R&D facility at the end. cutting edge technology. From this campus, Flowr produces recreational and medicinal products. Internationally, Flowr serves the global medical cannabis market through its subsidiary, Holigen Holdings Limited, which holds a license for the cultivation of cannabis in Portugal and operates a GMP licensed facility in Portugal. In 2020, Flowr’s BC Pink Kush was recognized as the best indica strain in Canada by KIND magazine.

Flowr aims to support improved outcomes through responsible cannabis use and, as an established expert in cannabis cultivation, strives to be the brand of choice for consumers and patients looking for ” the highest quality know-how and product consistency in a portfolio of differentiated cannabis products.

For more information, please visit flowrcorp.com or follow Flowr on Twitter: @FlowrCanada and LinkedIn: The Flowr Corporation.
On behalf of The Flow Corporation:

Darryl Brooker
Chief Executive Officer

CONTACT INFORMATION:

INVESTORS & MEDIA:
Jean Chou
Financial director
[email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Ball Corporation to Open $ 290 Million Facility in North Las Vegas | New

LAS VEGAS (FOX5) – Ball Corporation has announced it will build an almost $ 290 million facility in North Las Vegas.

According to a press release, the company announced that it will build a new aluminum beverage packaging plant in the United States in North Las Vegas. The multi-line plant is expected to begin production in late 2022, according to the release notes.

The company has announced plans to invest nearly $ 290 million in its North Las Vegas facility over several years.

The factory will supply a range of can sizes to a variety of beverage customers.

Ball said the facility is expected to create nearly 180 manufacturing jobs when fully operational. Las Vegas Global Economic Alliance said the average salary will be $ 32.53.

The company said it chose the North Las Vegas location “because of its proximity to customer infill investments, increased regional demand, existing infrastructure, regional work base and cooperation of national and local authorities “.

“Our new North Las Vegas plant is Ball’s latest investment to meet the growing demand for our portfolio of endlessly recyclable aluminum containers,” said Kathleen Pitre, President of Ball drink packaging North and Central America. “The new plant is supported by numerous long-term contracts for a committed volume with our strategic global partners and regional customers and will allow us to meet customer and consumer needs for more sustainable aluminum beverage packaging while continuing our Drive for 10 vision. ”

For more information on employment opportunities at Ball’s planned North Las Vegas plant, visit jobs.ball.com.

Copyright 2021 KVVU (KVVU Broadcasting Company). All rights reserved.


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ONGC share price: Buy Oil And Natural Gas Corporation, target price Rs 163: HDFC Securities

HDFC Securities bought a call option on Oil And Natural Gas Corporation with a target price of Rs 163. The current market price of Oil And Natural Gas Corporation Ltd. is Rs 137.95 The period given by the analyst is six months when Oil And Natural Gas Corporation Ltd. the price can achieve the defined target.

Oil And Natural Gas Corporation Ltd., incorporated in 1993, is a large cap company (with a market capitalization of Rs 173,419.15 Crore) operating in the oil and gas industry.

The key product / revenue segments of Oil And Natural Gas Corporation Ltd. include crude oil, natural gas, naphtha, ethane, propane, C2 / C3 (ethane / propane), butane, HSD, subsidies, premium kerosene oil, electricity, LSHS , other Revenue, Aviation Turbine Fuel (ATF), Mineral Turpentine (MTO), Processing Fee, Other for the year ending March 31, 2021.



Finance
For the quarter ended 30-06-2021, the company reported total consolidated income of Rs 109,301.82 crore, down -7.53% from last quarter total income of Rs 118,206.16 crore and in 71.92% increase over last year in the same quarter. Total income of Rs 63,575.47 crore. The company reported after-tax net profit of Rs 6,242.23 Crore in the last quarter.

Justification of the investment
Investors could buy at CMP and add more on declines to Rs. 121.5-123.5. The base case fair value of the share is Rs 149 (6.5xFY23E EPS plus the current value of listed investments after a 30% discount) and the bullish fair value of the share is Rs 163 (7xFY23E EPS plus the current value of listed investments after a 30% discount) over the next 2 quarters. At the CMP of Rs 137.75, the stock trades at 5.85xFY23E EPS plus the current value of listed investments after a 30% discount.


Promoter / FII Holdings
The promoters held 60.4% of the company’s capital as of September 30, 2020, while the FIIs held 7.7%, the DII 17.5% and the public and others 14.4%.

(Disclaimer: The opinions and recommendations given in this section are those of the analysts and do not represent those of ETMarkets.com. Please consult your financial advisor before taking any position in any of the stocks mentioned.

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How does it rank on fundamental metrics?

Stryker Corporation (SYK) receives a low valuation ranking of 33 from Investors Observer data analysis. The proprietary ranking system focuses on the underlying health of a business by analyzing its stock price, earnings, and rate of growth. SYK is worth better than 33% of the stocks based on these valuation analyzes. Investors primarily focused on buy and hold strategies will find the valuation ranking relevant to their goals when making investment decisions.

SYK achieves an evaluation ranking of 33 today. Find out what this means to you and get the rest of the leaderboard on SYK!

Metrics analysis

SYK’s 12-month price-to-earnings (PE) ratio of 49.8 puts it above the all-time average of around 15. SYK is poor value at its current trading price as investors pay more than it. that it is worth in relation to the company’s profits. . SYK’s last 12-month earnings per share (EPS) of 5.46 does not justify what it is currently trading in the market. Tracking PE ratios, however, do not take into account a company’s projected growth rate, resulting in some companies having high PE ratios due to high growth potentially attractive to investors even though current earnings are weak. SYK has a 12-month forward PEG to Growth Ratio of 2.99. The markets are overvaluing SYK relative to its projected growth, as its PEG ratio is currently above fair market value of 1. The PEG of 5.46000003 comes from the fact that its forward price / earnings ratio is divided by its growth rate. PEG ratios are one of the most widely used valuation metrics due to the incorporation of more fundamental business metrics and the focus on the future of the business rather than its past.

Summary

SYK’s valuation measures are weak at its current price due to an overvalued PEG ratio despite strong growth. SYK’s PE and PEG are below the market average, resulting in a lower than average review score. Click here for the full Stryker Corporation (SYK) Stock Report.

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