One stock that has been caught up in the recent tech/growth sell-off is Lemonade Inc (NYSE: LMND). Since mid-January, shares in the fast-growing US insurance company have fallen from around $185 to $73 – a decline of about 60%. The stock is still well above its initial public offering (IPO) price of $29, however.Is this share price weakness a buying opportunity for me? Let’s take a look at the investment case.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…Lemonade: strong growthLemonade has grown at a strong rate in recent years, and the group’s first-quarter 2021 results, posted on 11 May, showed that the company continues to grow.At the end of the first quarter, Lemonade had 1,096,618 customers on its books – a 50% increase on the number of customers (729,325) it had at the end of Q1 2020. That’s an impressive level of customer growth.Meanwhile, the group reported a premium per customer of $229 for the quarter (Q1 2020: $183) and ‘in force premium’ (customers x premium per customer = in force premium) at the end of the period of $251.7m (Q1 2020: $133.3m).The Q1 results weren’t all great, though. On the downside, the company generated a net loss of $49m. That was up from a net loss of £36.5m in Q1 2020. We have seen recently that the stocks of companies that are not yet profitable can be crushed in a sell-off. So, the fact that Lemonade is not yet profitable means it is a higher-risk stock.Looking ahead, Lemonade clearly expects to keep growing. By the end of 2021, it is targeting in force premium of $376m to $382m along with revenue of $117m to $120m.It’s worth noting that the company is shortly about to launch a new car insurance offering – ‘Lemonade Car.’ It believes that this will “dramatically increase” its total addressable market (car insurance in the US is a $300bn market). Its 2021 inforce premium guidance currently includes no material contribution from car insurance.Overall, the progress the company is making is quite encouraging, in my view.Lemonade stock: my concernsI do have some concerns about Lemonade stock, however.One is that short interest is currently very high. According to data provider 2iQ Research, short interest at Lemonade is about 22% at present. This means that short sellers (sophisticated investors who are betting against the stock) are aggressively targeting LMND stock.Another concern is a recently published open letter to CEO Dan Schreiber from short seller Muddy Waters. In the letter, Muddy Waters states that it discovered a security flaw on Lemonade’s website that potentially exposes its customers’ personal identifiable information (PII). The short selling firm states that Lemonade’s failures possibly implicate costly legal and regulatory breaches.Finally, the valuation still looks steep even after the recent share price fall. Currently, LMND has a market capitalisation of $4.5bn. This means its forward-looking price-to-sales ratio is about 38. That seems a bit high, to my mind.LMND stock: my move nowWeighing everything up, I see Lemonade stock as too risky for my portfolio right now. The company is growing quickly. However, its losses, its short interest, and its valuation concern me.All things considered, I think there are better growth stocks I could buy. Enter Your Email Address Edward Sheldon has no position in any shares mentioned. The Motley Fool UK owns shares of and has recommended Lemonade, Inc. 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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Image source: Getty Images Simply click below to discover how you can take advantage of this. See all posts by Edward Sheldon, CFA Like this one… 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. Should I buy Lemonade stock after its share price crash? “This Stock Could Be Like Buying Amazon in 1997” Edward Sheldon, CFA | Tuesday, 18th May, 2021 | More on: LMND 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. 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.
LEAVE A REPLY Cancel reply The Anatomy of Fear Three presentations slated for Errol Clubhouse Signature H Property Group, developers of the “New Errol” project, are holding three open house sessions at the Apopka Golf & Tennis Clubhouse beginning at 10 AM on Sunday. Noon on Sunday and again at 11 AM on Tuesday. The sessions will include a presentation, followed by a question and answer session. Also on Tuesday is a special Apopka City Council meeting with the New Errol project the lone agenda item, which is titled Ordinance No. 2581 – First Reading – Comprehensive Plan – Large Scale Future Land Use Amendment – Legislative. It starts at 5:30 PM at the VFW/Apopka Community Center at 519 South Central Avenue in Apopka. Support conservation and fish with NEW Florida specialty license plate The entire project includes:A redesigned championship golf courseA 15,000 square foot clubhouse with restaurantA boutique lodge hotelA two-acre water parkOutdoor parks and trails264 new residencesA resort-like Adult Living FacilityTwo recommendations are being made by City staff to the City Council for review: Accept Ordinance 2581 at first reading and transmit to the Florida Department of Economic OpportunityPrior to the adoption hearing for Ordinance 2581, a master plan under Planned Unit Development zoning and a development agreement must demonstrate that each of the proposed Future Land Use Map amendments are compatible with surrounding and abutting residential uses through appropriate buffer and screen techniques, height restrictions, other applicable and appropriate performance standards, and management of compatible and complementary land uses allowed or prohibited within each “Neighborhood” zone. First Session: 10am – 12 NoonSecond Session: 12 Noon – 2 pm Open House: Sunday, August 20th Location: Apopka Golf & Tennis Clubhouse – Signature H Offices, 2nd Floor Please enter your name here You have entered an incorrect email address! Please enter your email address here Please enter your comment! Each session includes a 30-minute presentation and then Q&A.There will also be an open house on Tuesday, August 22nd from 11 am – 1 pm, the day of the City Council meeting. Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 TAGSCity of ApopkaErrol EstateSignature H Previous articleUpdating Breaking News: Suspect in Seacoast Bank robbery is career criminalNext articleAren’t fire ants cute little things? Denise Connell RELATED ARTICLESMORE FROM AUTHOR Share on Facebook Tweet on Twitter Save my name, email, and website in this browser for the next time I comment.
+ posts The conversational and quiet sections of the west entry opens from 7a.m. to 1:30a.m. Sunday through Friday. The newly renovated area of the library is open 24 hours. The entire library closes at 8p.m. on Friday and Saturday. Tuyen Hoanghttps://www.tcu360.com/author/tuyen-hoang/ From left to right, Emily Fletcher, first-year English major, Cameron Colombe, first-year interior design major and Griffin Whiting, first-year pre-business study in the quiet zone on the first floor. Twitter Casey Cunningham, senior political science prefers using Mac desktop to edit a short film because it is powerful and it has compatible software for video editing. ReddIt From left to right, Madison Deves, sophomore business major and Laura Meng, sophomore business major prefer studying in the front section of the west entry. Both students said this area becomes quiet since everyone goes to the newly renovated area of the library. Tuyen Hoang is originally from Ho Chi Minh City, Vietnam. Tuyen is a transfer student from Brookhaven College. Tuyen is a junior journalism major and sociology minor at Texas Christian University. She serves as the administration reporter for TCU 360. From left to right, Essa Albinali, freshman mechanical engineering and Hannah Devotta, sophomore biology. Albinali and Devotta like to study in this area because the room temperature is fine compared with cold temperature of other study areas. TCU places second in the National Student Advertising Competition, the highest in school history If students enter the library from the west entry, this is the right wing of Information Commons computer lab. Both Window and Mac desktop computers will also be available. Tuyen Hoanghttps://www.tcu360.com/author/tuyen-hoang/ From left to right, Essa Albinali, freshman mechanical engineering and Hannah Devotta, sophomore biology. Albinali and Devotta like to study in this area because the room temperature is fine compared with cold temperature of other study areas. The College of Science and Engineering Dean, Phil Hartman, retires after 40 consecutive years ReddIt Junior supply chain major, Hannie Tran enjoys the study space of the Information Commons computer lab. She said the lights as well as the library environment help her focus on schoolwork. The conversational section on the west entrance of Mary Couts Burnett library will be renovated.Dean of the library June Koelker said it will include a mixture of furniture and seating similar to the new section that opened earlier this month.“It’ll have some new furniture purchased,” Koelker said. “It’ll support both group work area and individual work area.”All services and checkouts that used to be on the west side will now take place on the east side.However, the services desk will still be operated on the west entrance to assist faculty, staff, students or guests that have questions.The desktop computers that were located on the west side are being moved to east side of the library in the Information Commons computer lab on the second floor.“Eventually there will not be fixed desktop computers on the [west],” Koelker said. “We’re still on the process of doing that.”Koelker is still considering whether to make the front section of the west entry quiet or loud study area.“I’m concerned it would not be effective as a quiet area because it’s so close to a major door way,” Koelker said.Sophomore business major Madison Deves said she hopes the west entrance will act as the “quiet section” because the newly renovated east entrance tends to be loud and distracting.“If I need to get something done I’m going to the quiet section,” Deves said. “Nobody comes here.”Some students said that they hope the west entrance will look similar to the newly renovated section.Sophomore finance major Morris Herman said he likes to study in the Information Commons because it’s generally quiet and better than the loud section of the west entrance.“I think it definitely maximizes efficiency,” Herman said. “I can spread out the way I want to spread out.”Koelker said that the library has to work on finishing up the final details on the east side of the library before moving on to renovating the west side.“We’re working on it every day,” Koelker said. Morris Herman, sophomore finance major said he enjoys spreading out his study space. The adjustable table that he works on shows unfinished end as more tables expect to be delivered for the left wing of the Information Commons computer lab. Tuyen Hoanghttps://www.tcu360.com/author/tuyen-hoang/ Dean of library, June Koelker said more Mac desktops are added to fulfill students’ needs. There are two study areas for graduate students on the third floor. Window desktop computers are available at the computer lab in the graduate reading room. Twitter Facebook Window and Mac desktop computers on the conversational section of the west entrance are being moved to two wings of Information Commons computer lab. Q&A: Three professors received the Deans’ Research and Creativity Award Ginny Ho, sophomore nutrition major studies for her microbiology test. The adjustable table that Ho works on and some tables on the right wing of Information Commons computer lab are not finished as more tables expect to be delivered. Window and Mac desktop computers are available in the GIGA lab on the first floor. Comedy group brings new approach of brainstorming to the Neeley School All services and checkouts including headphones, Window and Mac laptops that used to be on the west takes places on the east side. print Linkedin Thinking workshop helps students find business solutions There are several quiet zones on the west side of Mary Couts Burnett library. Dani Black, freshman biology major and Meg Cooksey, sophomore neuroscience major study in the quiet zone of the first floor. eHarmony co-founder speaks with TCU students Facebook If students enter the library from the west entry, this is the left wing of Information Commons computer lab. Both Window and Mac desktop computers are available. Tuyen Hoang Linkedin Previous articleFrog fans raise thousands for ISU kid captainNext articleFor Big 12 playoff hopefuls, losing isn’t an option Tuyen Hoang RELATED ARTICLESMORE FROM AUTHOR The services desk remains on the west entrance for assistance as people come in and may have questions. Tuyen Hoanghttps://www.tcu360.com/author/tuyen-hoang/ TCU Frog Camps returning to more traditional look this summer
Top of the News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Pulse PollVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyCitizen Service CenterPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Community News Name (required) Mail (required) (not be published) Website 86 recommended0 commentsShareShareTweetSharePin it STAFF REPORT First Heatwave Expected Next Week STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy More Cool Stuff Business News Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Community News HerbeautyCostume That Makes Actresses Beneath Practically UnrecognizableHerbeautyHerbeautyHerbeauty9 Of The Best Family Friendly Dog BreedsHerbeautyHerbeautyHerbeautyWant To Seriously Cut On Sugar? You Need To Know A Few TricksHerbeautyHerbeautyHerbeautyWhat’s Your Zodiac Flower Sign?HerbeautyHerbeautyHerbeauty9 Hollywood Divas Who Fell In Love With WomenHerbeautyHerbeautyHerbeauty7 Most Startling Movie Moments We Didn’t Realize Were InsensitiveHerbeautyHerbeauty EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Subscribe CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Your email address will not be published. Required fields are marked * Non-Profits News Families Forward Learning Center Power of Two Benefit Goes Virtual STAFF REPORT Published on Wednesday, May 6, 2020 | 11:05 am Make a comment Families Forward Learning Center (FFLC) will be holding an online fundraiser and auction starting May 8th through May 15th to replace its annual Power of Two Benefit, which was originally scheduled on March 27th at the Altadena Town & Country Club.“Our generous donors and benefactors can’t come to us, so we’re going to them,” said Elva Sandoval, Executive Director.FFLC Family Distribution DayDuring the national lockdown, Families Forward is temporarily closed, but its work for children and families living in isolation and poverty continues through virtual delivery systems. Staff and teachers connect with our families daily providing home learning activities, read alouds, music and movement and much needed mental health and emergency assistance.FFLC Packing Family KitsThe virtual auction includes art, collectibles and entertainment items to enjoy now, as well as fun packages to relish when the stay-at-home orders are lifted. All proceeds raised will go towards Families Forwards’ ongoing virtual programs and in preparation for reopening the center.Please join FFLC for the Power of Two auction at bit.ly/PowerOfTwo2020 (May 8 to May 15, 2020 – 980 N. Fair Oaks Ave., Pasadena.) For additional information or if you’d like to help in any way, please contact Liz Kwong at [email protected] Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena
Devolved HR poses racism riskOn 11 Jan 2000 in Personnel Today Devolving HR duties to line managers can lead to institutional racism inorganisations, one of the authors of a study told the conference. The discrimination arises from lack of training for managers in performance managementand handling disciplinary procedures, said Jo Rick, IES principal researchfellow.In the study, undertaken at a large public-sector organisation, ethnicminority staff were found to be far more likely to face disciplinary hearingsand be viewed as poor performers by managers.White managers were most prone to negative assessments of black and Asianstaff. Ethnic minorities make up more than half of the organisation’s staff.The study comes in the wake of the MacPherson report, which stated institutionalracism “can be seen or detected in processes, attitudes and behaviourwhich amount to discrimination through prejudice, ignorance, thoughtlessnessand racist stereotyping”.Managers at the organisation said they had little confidence in handling personnelprocedures because of a lack of training. This led to unwitting discrimination, the study found.”In the absence of an agreed set of criteria for assessment…,individual managers’ judgements about what constitutes a good performer aremore likely to hold sway,” the authors concluded.Managers were more likely to invoke disciplinary proceedings because theywanted to keep all dealings “on the record” and avoid accusations ofharassment, the research concluded.Managers only felt comfortable handling sickness absence cases, because theyhad been trained in the relevant procedures.”The problem is where it [devolving HR duties] is done withoutappropriate training. With that in place, as it was in this case with sicknessabsence, it is not so much of a problem,” said Rick.www.bps.org.uk Related posts:No related photos. Previous Article Next Article Comments are closed.
Pacific Drilling’s high specification ultra-deepwater drillship fleet further enhances Noble’s global position as an owner and operator of one of the most modern and technically advanced fleets in the offshore drilling industry Noble Corporation completes combination with Pacific Drilling. (Credit: Zach9222 from Pixabay) Noble Corporation (“Noble”) today announced the completion of its acquisition of Pacific Drilling Company LLC (“Pacific Drilling”), effective on April 15, 2021. Pacific Drilling’s high specification ultra-deepwater drillship fleet further enhances Noble’s global position as an owner and operator of one of the most modern and technically advanced fleets in the offshore drilling industry.Robert Eifler, President and Chief Executive Officer, said, “I am very pleased to have closed this transaction quickly and am delighted to welcome our new employees, customers, and shareholders into the Noble family. This is an important step for Noble as we continue to strengthen our fleet and focus on delivering safe and efficient services to our global customers.” Source: Company Press Release
Kessel’s Korner reopened for the season on Thursday, March 13, and the neighborhood welcomed the return of the popular cafe with a full house.
Jim James has announced the coming release of a brand new acoustic album, Uniform Clarity, a companion piece to his recently released Uniform Distortion, which came out on June 29th. The new album is comprised of acoustic versions of the songs originally found on Uniform Distortion, along with two new tracks: “It Will Work Out” and “Flash In The Pan”.Uniform Clarity was recorded with Grammy Award-winning producer/engineer Shawn Everett (Alabama Shakes, The War On Drugs) and is due out on Friday, October 5th via ATO. Today, James releases two new recordings, the acoustic versions of “You Get To Rome” and “Over and Over”.As James explains of the new acoustic release,The idea for UNIFORM CLARITY came from UNIFORM DISTORTION, an album of intentional chaos/dirt: literal and figurative distortion of lyrics and sound meant to echo and hopefully shed some light on the twisted times and distortion of the truth in which we now live. UNIFORM CLARITY is meant to illuminate the other side – raw and real, but very clear, much like in the early days of recording where all you could hear was the truth because there were no ways to manipulate recordings in the studio. Working with Shawn Everett, we created a document style recording of these songs- just vocals, guitar and the space itself- no special FX. A crystal clear illustration of the flawed beauty of what a song starts off as or sometimes remains- a thought. a seed. a light from the womb of the universe brought to life down here on earth.Listen to acoustic versions of “You Get To Rome” and “Over and Over” below via Jim James on YouTube:Jim James – “You Get To Rome” (Acoustic)Jim James – “Over And Over” (acoustic)As previously reported, today, Wednesday, September 12th, James will mount a “special performance” in San Francisco that will be broadcast live on his YouTube page. Further information about the livestream has been provided today. As a press release details, “there will be an exclusive YouTube event that sees James appearing throughout the day for special performances, discussions about the upcoming release and his extraordinary body of work, as well as his belief in importance of voting and political action as we set out to change the future this Election Day. The broadcast will culminate with a very special live performance and Q+A session, set to be streamed live from San Francisco at 5 pm PT/8 pm ET.”For more information, head to Jim James’ website.