Nascar practice results 10 lap average
/r/SAT!
2009.04.02 03:45 Satur /r/SAT!
A forum to discuss the SAT and forms of preparation for taking the test. Visit to find - Help - Statistics - Practice tests - Discussion and more!
2008.06.08 23:47 Formula 1
The best independent Formula 1 community anywhere. News, stories and discussion from and about the world of Formula 1.
2015.07.08 00:46 wwesmudge Model F1 Manor Garage
This is the main hub for the Model F1 Manor Mercedes Team, please PM Macus16 or wwesmudge for access.
2023.03.22 16:36 Vegetable-Cobbler734 Risk topic: The evolution, impact and insights of the Credit Suisse event
 | https://preview.redd.it/irn5y12s7bpa1.jpg?width=600&format=pjpg&auto=webp&s=b5a145f36a3817faa76b554ec17f7fc721d6d56f submitted by Vegetable-Cobbler734 to Burystocks [link] [comments] 01 Credit Suisse's history of events CreditSuisse (hereinafter referred to as Credit Suisse), founded in 1856, is an investment banking and financial services company dealing with personal and corporate financial services, banking products and pension and insurance services. CreditSuisse is the fifth largest global conglomerate and the second largest bank in Switzerland, with branches in more than fifty countries worldwide. Traditionally, Swiss banks include Credit Suisse, National Bank, and UBS Group (UBS merged with UBS AG in 1998), leaving only two large Swiss banks, Credit Suisse and and UBS AG. Credit Suisse event development history at a glance: freezing three feet, not a day's cold 2018 Former advisor forges clients' signatures for illegal gains 2019 "Surveillance scandal", alleged espionage 2020 "Surveillance scandal", resignation of COO and CEO 2021 Greensill collapses, Credit Suisse closes $10 billion fund holding its bonds Archegos plunges, Credit Suisse loses $5.5 billion Involved in Mozambique corruption scandal, fined $475 million 2022 Reports net loss of CHF 1.7 billion for fiscal 2021, profit warning raises market concerns Convicted of helping Bulgarian drug cartels launder money Announces three-year restructuring plan incorporating $4.2 billion Saudi National Bank acquires $1.4 billion stake in Credit Suisse, becoming the largest shareholder with 9.9% of the shares Data breach of 18,000 accounts with over CHF 100 billion in hidden wealth involving several serious criminal customers Over CHF 110 billion withdrawn by depositors in the fourth quarter February 9, 2023 Reports fiscal 2022 loss of $7.6 billion March 14, 2023 Shares plunge 30% after claiming "material weaknesses" in FY 2021 and FY 2022 reporting process March 15, 2023 Saudi National Bank chairman says refuses to assist Credit Suisse in increasing liquidity Swiss central bank says it will provide liquidity to Credit Suisse if necessary March 16, 2023 Announces it will borrow up to CHF 50 billion from the Swiss central bank March 20, 2023 Credit Suisse faces up to $10 billion a day in depositor withdrawals for nearly a week, sources say UBS reached an agreement with Credit Suisse and the Swiss central bank to acquire Credit Suisse for $3.23 billion Credit Suisse's 16 billion Swiss franc AT1 bonds written down to 0 on the same day as required by Swiss regulators Some Asian banks' AT1 bonds dive sharply, hitting the biggest drop of 20% UBS five-year credit default swap widens to 175 basis points, highest level on record Saudi National Bank confirms it lost nearly 80% of its investment in Credit Suisse, more than $1 billion 02 Pros, Cons and Potential Impact of the Credit Suisse Acquisition As one of the world's systemically important banks, the bankruptcy of Credit Suisse would have enormous secondary damage, which in turn would affect the entire financial system. Potential solutions for Credit Suisse include takeover, closure, spin-off and nationalization. on March 19, 2023, the Swiss government held a press conference in which UBS AG (UBS) acquired Credit Suisse for 0.76 Swiss francs per share at a total price of 3 billion Swiss francs, with substantial losses for all shareholders who previously held Credit Suisse shares. The Swiss central bank committed to provide up to CHF 100 billion in emergency liquidity loan support to the merged bank, while the government provided a CHF 9 billion guarantee for potential losses on the assets taken over by UBS. Some market participants have commented that the proposal is the most reasonable of all possible options, but there is a risk that the proposal does not treat investors fairly. In general, the advantages of bank mergers as a potential solution during a banking crisis are: first, increased stability: bank mergers can potentially increase the stability of the financial system by creating larger, more diversified banks that are better able to withstand financial shocks. Second, it reduces risk: by merging, banks can reduce individual risk exposures by diversifying their portfolios and spreading risk across a larger entity. In the case of the Credit Suisse acquisition specifically, the key was to stabilize market expectations. Bankers and the government hope that the Credit Suisse case will demonstrate the central bank's and the government's protection of the banking sector, which in turn will allow investors who are still on the sidelines to re-enter banking stocks, stabilizing market expectations and putting the current crisis on hold. But whether the Credit Suisse acquisition can achieve its expected effect is controversial. The day the acquisition was announced, UBS's five-year credit default swap expanded to 175 basis points, reaching a record high. As a result of Credit Suisse's discounted deal, Saudi National Bank confirmed that it lost nearly 80% of its investment in Credit Suisse, more than $1 billion. In addition, the combined UBS Group would have total assets of more than $1.5 trillion, and the excessive asset size could pose a risk to Switzerland. The acquisition could also have a negative impact on the Swiss job market, with the merger of the two banks likely to result in some 10,000 layoffs. More controversially, Credit Suisse's CHF 16 billion AT1 bonds were written down to zero as required by Swiss regulators. under Basel III, common equity tier 1 capital (CET1) is the first capital to be written down, followed by additional tier 1 capital (AT1) and Tier 2 capital. However, in the Credit Suisse case, the common shareholders' equity at the top of the write-down order was protected to a certain extent but AT1, which was relatively at the bottom, was written down in full, which was inconsistent with the loss-absorbing order stipulated in Basel III, which triggered significant volatility in the AT1 market. According to Bloomberg Industry Research, no other bank in Europe, except Credit Suisse and UBS, has provisions that allow full write-downs of AT1 while retaining some value for equity investors. Credit Suisse AT1 capital is basically CoCo debt (contingent convertible debt). This bond variety was created in the aftermath of the 2008 financial crisis to meet the capital requirements for banks set out in Basel III, introduced in 2010, as a financial instrument to protect the capital adequacy of banks. When a bank meets certain triggers, such as the CET1 ratio dropping to a certain level or being unable to continue operations (Point of Non-Viability (PoNV)), CoCo bonds will be forced to stop paying interest and converted into shares or written down to improve the bank's capital adequacy ratio. It is the lowest-rated class of bank bonds, offering attractive returns in boom times and bearing the brunt of threats when banks run into trouble. According to data compiled by Bloomberg, Credit Suisse Holdings Inc. has 13 outstanding tranches of CoCos bonds worth $17.3 billion, denominated in Swiss francs, U.S. dollars and Singapore dollars. Such bonds represent slightly more than 20% of its total debt. The largest number of U.S. dollar-denominated CoCo bonds, including $2 billion of perpetual bonds that could have been redeemed in July this year, and $2.25 billion of bonds with a first callable date in December. Swiss financial regulator FINMA said in a website announcement that the acquisition would trigger a "full write-down" of Credit Suisse's AT1 bonds to strengthen the bank's core capital because of the unconventional government support. The trigger for Credit Suisse's CoCo bonds is a CET1 < 7% or a viability event. According to media reports, Credit Suisse's capital adequacy ratio is well above the 7% threshold that triggers the write-down of AT1 bonds. As of the end of 2022, the bank's CET1 ratio was 14.1%. This trigger is thus likely to be the occurrence of a survivability event. Prior to this, in 2017, junior bondholders of Spanish bank Banco PopularSA had their bonds written down by around €1.35 billion following the bank's acquisition by Banco Santander, when the company's shares were also written off, while regulators forced the cancellation of its CoCo bonds, but on a much smaller scale than Credit Suisse. After the news was released, the market reacted sharply, once triggering market panic, European shares fell more than 2% at the beginning of the session, double-digit plunge in bond yields in Europe and the United States, some banks in Asia and Europe AT1 bonds jumped sharply, hitting the largest drop of 20%, safe-haven demand made gold rise above $ 2000 for the first time in a year. Credit Suisse European and U.S. stocks both fell more than 50% to a new low, UBS European shares fell 16% after turning up, but the cost of one-year CDS credit default swaps hit an eleven-year high. Large U.S. banks turned down in late trading, First Republic Bank fell 50% intraday and multiple meltdowns to record lows. After the bankruptcy of Silicon Valley Bank, the U.S. banking industry has seen deposits moving from small and medium-sized banks to large banks, and there are media reports that small and medium-sized U.S. banks with assets of less than $250 billion are responsible for 80% of commercial real estate loans, 60% of industrial and commercial loans, 50% of real estate mortgages, and 45% of consumer loans. The Credit Suisse incident is bound to increase market concerns about the banking sector in Europe and the United States. The Fed's balance sheet expanded by about $300 billion in recent weeks after the Fed launched its Term Financing Program (BTFP). On Sunday the Fed and six other major global central banks announced coordinated action to enhance the supply of liquidity in permanent dollar swap arrangements. The U.S. is also reportedly studying ways to provide guarantees for all bank deposits as a "pre-emptive plan" for an intensifying crisis. European banking regulators reassured the market that equities would take losses ahead of AT1 bonds. The Bank of England said AT1 bonds will be paid in order before equity investors and after Tier 2 capital (T2) bonds. https://preview.redd.it/avgveua28bpa1.png?width=828&format=png&auto=webp&s=000cb9aab09c048016b753305ef452be0d49a42a 03 A review of the comparison with the global financial crisis in 2008 The Credit Suisse incident has become the current "Bear Stearns moment" overseas. In the 2008 financial crisis, Bear Stearns was acquired by JP Morgan Chase, but the subsequent crisis could not be stopped, followed by the collapse of Lehman, which eventually triggered the global financial crisis. How will the global banking industry risk transmission go this time? Let's first review the transmission path of the 2008 financial crisis, which was a global crisis triggered by the collapse of the U.S. real estate market. The crisis began in the United States and quickly spread to the rest of the world. Here is a review of the transmission chain of how this crisis unfolded:
4, bank failure: a large number of banks and other financial institutions invested in these complex derivatives suffered huge losses. April 2, 2007 was the starting point of the "subprime mortgage crisis", this day, the second largest subprime mortgage institutions in the United States New Century Financial Corporation filed for bankruptcy protection, in March 2008, JP Morgan Chase to $ 236 million to buy Bear Stearns Bank, to avoid the burst of financial assets. On September 15, Lehman Brothers filed for Chapter 11 bankruptcy protection, an important U.S. investment bank that had invested heavily in the real estate market and owned a large number of assets such as mortgage securities (MBS) and derivatives, but these assets rapidly depreciated in value after the housing market collapse. The huge size of the liabilities in these balance sheets made the company unable to pay its debts in a liquidity crisis, which eventually led to the bankruptcy of the company and triggered the outbreak of the global financial crisis.
The global financial crisis had a profound impact on the development of the global economy and financial market system: First, the crisis highlighted the need to strengthen financial regulation to prevent excessive risk-taking and ensure the stability of the financial system. Since then, governments around the world have introduced new regulatory requirements to increase transparency, limit leverage, and reduce systemic risk. The second is the contagious nature of the financial crisis, which showed the interconnectedness of financial markets and how problems in one part of the world can quickly spread to other parts of the world. This has led to increased international cooperation and coordination among regulators and central banks. Third, the crisis demonstrated the risks associated with complex financial instruments, such as synthetic CDOs. hence the need for greater emphasis on transparency, risk management of financial products. Fourth, the importance of liquidity in the financial system. When credit markets froze, it was difficult for firms to get the financing they needed, which exacerbated the economic downturn. Since then, central banks have introduced measures to increase liquidity in the financial system during the crisis. Fifth is the role of government intervention. The crisis proved the need for government intervention in the economy in times of crisis. Governments around the world provided fiscal stimulus and implemented accommodative monetary policies to stabilize their economies and prevent further recession. 04 The impact and insights of this Credit Suisse incident First, the global financial system is under increased pressure from systemic risks, and risks are still being transmitted. From a market perception perspective, the direct impact of the Silicon Valley bankruptcy was limited to some regional banks in the U.S. The impact of the Credit Suisse incident on the global financial markets and economy was of a different magnitude. The much-discussed full write-down of approximately $17 billion of Credit Suisse AT1 bonds triggered a widespread sell-off of AT1 bonds in Asia-Pacific and European markets, with financial institutions with heavy positions suffering large losses. Despite the rebound in AT1 bond prices in Asian markets on Tuesday, it is feared that investors' confusion and anxiety over the order of AT1 liquidation will not be fully dispelled. This market of up to about $275 billion may face a deep freeze, which will no doubt also trigger market concerns about the health of the global banking sector on a wider scale and will hit more financial institutions, and it is difficult to say that the market turmoil will end. Confidence is the cornerstone of a properly functioning financial sector. From the credit market, the market is generally expected to see a contraction of credit, which will accelerate the emergence of the U.S. banking sector credit inflection point, will also make the Federal Reserve's decision more difficult, the market recession expectations in the rise. From the financial market, the Silicon Valley Bank incident superimposed on the Credit Suisse incident, the banking industry in Europe and the United States have to switch to the crisis mode, the risk of spreading the trend. The transmission chain of the U.S. subprime crisis is a real estate default → MBS prices plummeted → CDO prices annihilation → financial institutions collapse, and the banking crisis is likely to develop along the chain of interest rates rose sharply → market value loss → deposits and other liabilities outflow sharply → liquidity risk outbreak → collapse, be acquired, the U.S. government policy on the expansion of the scope of deposit insurance landing remains to be seen, at least until then The problem of regional banks in the US will continue. Investors are concerned that losses from rising interest rates + liquidity problems will eventually trigger asset quality problems for financial institutions. Past research has shown that financial crises are contagious, with financial market correlations increasing significantly in crisis mode and volatility spillovers. Although from the current market volatility, in addition to the U.S. bond market volatility has hit a new high since 2008, foreign exchange, stocks and other markets volatility rise relatively small, but need to be alert to the European and American banking crisis is not handled properly, may trigger a global financial market tsunami and global cross-border capital flows dramatically, be alert to the formation of China's financial market impact. https://preview.redd.it/z1lhjo1e8bpa1.png?width=1080&format=png&auto=webp&s=5e392b07cfaca4475e521171dfadf13d699c944f Second, the reputation of the Swiss banking sector has been hit again, and the cracks in the international monetary system have deepened. The Swiss banking industry has been criticized in recent years for helping the rich to avoid taxes. Since 2007, 85 Swiss banks have been fined a total of $5 billion for helping U.S. bank clients hide their wealth, including Credit Suisse, which was fined $2.5 billion in 2014 for helping wealthy Americans avoid taxes. Some of the practices of Swiss banks during the Russia-Ukraine conflict have caused customers to worry that the nature of their banking industry is changing again. Credit Suisse alone has frozen some CHF 17.6 billion of Russian assets, or about 33% of all assets of Russian natural and legal persons in Switzerland, according to the Swiss daily newspaper Le Journal. A large number of deposits of non-Western clients are accelerating out of the major Swiss banks. Credit Suisse, for example, had an outflow of CHF 123.2 billion for the year 2022, and in the fourth quarter alone, customers withdrew CHF 110.5 billion in funds from Credit Suisse. And this anti-conventional decision by Swiss regulators to write down the full amount of AT1 bonds hit the market so hard that the ECB had to step in to emphasize that the EU's order of indemnity criteria are not set by Switzerland. And this incident made the Saudi National Bank, which took a stake last year, lose 1.1 billion Swiss francs in less than 15 weeks, sounding another alarm for the acquisition of problematic financial institutions across borders. The West's financial sanctions against Russia in recent years have raised concerns about the reliability of the dollar as an international reserve currency, and the Swiss banking sector's involvement has called into question its adherence to the principle of neutrality. Against the backdrop of a century of unprecedented change, the cracks in the international monetary system are deepening and the financial order is undergoing intense restructuring in the wake of the crisis. The recent increase in gold purchases by central banks and the continued rise in the price of gold are a reaction to the distrust of the existing international monetary system. The multipolarization of currencies may be an important direction in the future, and the RMB will play a greater role in the construction of the new pattern due to the gradual improvement of the Chinese economy, the increasing depth of the market and the expanding use of overseas. The historic window for the RMB to increase its internationalization and become a more widespread settlement and reserve currency may be emerging. |
2023.03.22 16:32 Rattus375 Kansas State Scouting Report
Offensive Thoughts:
submitted by Rattus375 to theonlycolors [link] [comments]
- They love to get out and run, 44th in the country in terms of average position length on offense. From MSU’s perspective, I don’t mind this at all. Even though we haven’t run much on offense this year, we don’t sell out for offensive boards and drop 4 back to defend transition and have the conditioning / fitness needed to run with them.
- Not a good 3-point shooting team and they don’t take or make a lot of shots. Kansas State only has 3 players who you really need to worry about from 3. Keyontae Johnson and Ishmael Massoud are the two best shooters on Kansas State in terms of 3-point percentage. Johnson is one of the best wings in the country and is a 3-level scorer who plays over 30 minutes a game, split between the 3 and the 4 positions. Massoud plays less than 15 minutes a night and is strictly a 3-point shooter. Both Massoud and Johnson are mainly catch and shoot players and neither is a major threat shooting off the dribble 3 pointers. Marquis Nowell is shooting a lower percentage on the year at only 35%, but he is absolutely the most dangerous shooter on the team. He can pull up from anywhere on the court and has no problem taking and making 3’s off the dribble. Outside of those 3, you don’t really need to worry about helping off of the 3 point line.
- They crash the offensive boards hard. They often send two bigs to the hoop after a shot, giving up transition defense but getting a lot of offensive rebounds as a result. They have 3 centers who play at both the 4 and the 5 (Johnson plays a lot at the 4 as well) and all 3 of them have comparable offensive rebound rates to Sissoko, and they usually send two of them to the basket when Johnson is at the 3. Good defensive rebounding is key in this game, and this has been a strength of ours over the course of the season outside of our small ball lineup.
- Nowell and Johnson are the two players to watch out for. Remove those two players from Kansas State and they would be closer to Minnesota than an NIT squad. Defending Nowell is the key to shutting down KState’s offense. Nowell is arguably the best point guard in the country this year and his driving ability coupled with his passing ability opens up tons of shots and driving lanes for the rest of the team. Johnson benefits a ton from Nowell’s passing skill and the two have a great connection and natural feel with each other, getting lots of alley-oops and passes for open 3s and layups from Nowell -> Johnson.
- Those flashy passes and fast paced offense come at a cost of turnovers. KState turns the ball over a lot, even against teams like MSU that don’t try to jump passing lanes and force turnovers. Not sure if it’s a big advantage either way, but it’s a fun matchup of a team that doesn’t turn the ball over or force turnovers against a team that forces a ton of turnovers and turns the ball over a lot.
- Lots of 5-out and spread offense. KState often puts all 5 offensive players on or near the perimeter to open up space for Nowell and Sills to drive to the basket 1 on 1. For Nowell, this often is just to compress the defense and pass the ball back out, but for Sills it is usually to give him a chance to score one-on-one. It’s going to be important for our guards to be locked in defensively as it is crucial to stay in front of their guards as they drive.
- They switch everything. Kansas state is a super athletic team and will often switch 1-5 when confronted by ball screens. I like this for MSU, as Hoggard and Walker love to blow by slower bigs and finish at the rim, and Hauser and Hall do a good job posting up smaller guards (and KState’s guards are quite small compared to Hall/Hauser)
- Decent 3-point defense. Kansas State ranks highly in 3 point percent defense, but does allow a lot of looks from 3. Switching on screens generally improves 3-point defense, but I think KState is benefitting a bit from some 3-point luck defensively. In the 5 games I watched while scouting the team, they let up a good number of open looks from 3. Some games they fell, while others (like the Kentucky game) the other team just missed good looks. Overall, they aren’t a bad 3-point defense like Marquette or USC, but I don’t think they are particularly good either.
- Sub-par rim protection. While Kansas State has 3 solid defensive centers, none are particularly long or imposing at the rim. Guards do a good job finishing against them, though their bigs are good one on one post defenders (N’Guessan and Tomlin at least, not as much for Iyiola).
- Poor defensive rebounding. Just like USC and Marquette, KState isn’t a good defensive rebounding team. Part of this is a lack of positional size throughout the team, but from what I’ve seen, more of it is stylistic. Bigs away from the basket when the shot happens don’t even try to rebound and just start rim running to get out in transition. Unlike MSU, who regularly keeps 3-4 players back to go for defensive boards, KState is much more willing to go with 2-3 players and just lose the numbers game on that end of the floor. This is never a bad thing, but we aren’t a great team to take advantage of it since Sissoko is the only player on our team who is really a plus offensive rebounder.
- Turnovers galore. KState jumps passing lanes, presses intermittently throughout the games and goes for strips and steals on regular possessions. I think this is overall a good thing for MSU, as we are quite good at not turning the ball over this season and KState often gets out of position after making aggressive plays on the ball.
- Tons of stupid fouls. Kansas State fouls a ton, and a huge portion of those fouls are non-shooting fouls. They play aggressive defense and aren’t afraid to go for risky turnovers, even if it means they might foul. This is good for an MSU team that doesn’t get to the line much, but shoots well once we get there. Unfortunately, Nowell and Johnson don’t play nearly as aggressively defensively as their teammates and aren’t in foul trouble often (likely an intentional decision as they are absolutely needed on offense).
- Shooting Guard: Sills / Carter vs. Akins / Hoggard: Sills is an excellent ball handler and finisher and will blow by defenders to get to the rim. He is only 6’2, so Walker guarding him isn’t out of the question, but I think Hoggard and Akins will get the nod here. Akins is better suited to guard Sills because of his speed, but I think Hoggard will be able to do a good job as well. Sills is an absolutely terrible 3-point shooter (22%) but has no problem taking threes, so the biggest thing with this matchup is staying in front of him, even if you give him a massive cushion on the 3-point line. Cam Carter plays a lot of minutes and starts at the 3, but is basically a non-factor offensively. He doesn’t finish well at the rim, doesn’t shoot well from 3, and turns the ball over a ton. Whoever is guarding him isn’t particularly important as he doesn’t have the ball skills to utilize his athleticism. Defensively, both Sills and Carter are plus players, though both are also foul prone. Carter is the best defender on the team from what I’ve watched. One of these players will be on Hoggard basically at all times. Edge here definitely goes to MSU.
- Small Forward: Carter / Johnson vs. Akins / Hoggard / Hall: Carter was mentioned in the shooting guard section so I won’t talk much about him here. He’s the starter at the 3 and plays a lot of minutes, but isn’t good offensively and is mostly a defensive specialist. Johnson is outstanding and is going to be tough to cover. He spends a little less than half his time playing at the 3. I think Hall is the ideal person to cover Johnson. He is stronger and bigger to guard him in the post, while still being fast enough where he shouldn't be beaten off the dribble often. However, with how much Johnson plays, we will absolutely need Akins or Hoggard to spend some time covering him as well. Hoggard would do a better job defending him in the post, while Akins’ extra length would help on the perimeter. I’d lean towards Hoggard guarding him when Hall is out or matched up against a big, but I could see Akins working as well. This one is about even, with Johnson carrying a ton of weight even playing just half the minutes.
- Power Forward: Johnson / N’Guessan / Massoud vs. Hauser / Hall: Johnson is going to be a nightmare if Hauser needs to defend him. He has a great handle and is very fast for his size. Hall needs to be the primary defender when he is in at the 4 as much as possible, and Johnson is significantly faster than Hauser and will pump fake and drive to the basket. Massoud is a stretch 4 who is basically strictly a shooter. Hauser should have no problem matching up against him. N’Guessan is one of the players that concerns me the most though. He plays a lot of minutes at the 4, but he is a true center with a back to the basket game. He’s not dominant and doesn’t score a ton of points, but he’s going to be bigger and stronger than Hall/Hauser and is the type of player that has given our center rotation a lot of trouble this year. He can’t shoot or hit free throws, but he has a nice hook shot and a few post moves. He could provide 10 points off the bench and give a spark to KSU. I think this is an issue for us for this matchup and would give the edge to Kansas State.
- Center: Tomlin / N’Guessan / Iyiola vs. Sissoko / Cooper / Kohler: Tomlin is their starter but he only plays about 25 minutes a game. He doesn’t really have a great back to the basket game, but he is a good ball handler and driver, similar to Ighodaro last week. He is the third leading scorer and will drive to the basket and finish at the rim, or take face up jumpers. While I don’t think we will shut him down, Sissoko and Cooper did well against similar style bigs on USC and Marquette in the last two games, so I’m not particularly worried about this matchup. I think this will be another game where Cooper makes more sense as the backup big thanks to his better mobility and length. Tomlin won’t be able to punish his lack of strength. N’Guessan is a more traditional center, and he could give Cooper some trouble in the post. Kohler matches up better against him, but I think we want Sissoko in whenever N’Guessan is in the game. Iyiola plays only a few minutes off the bench and his offensive role is similar to Cooper’s, limited to just open dunks and lobs. None of the centers are great shot blockers, which should help our guards finishing at the rim. They have also done a great job as post up defenders, but that doesn’t really matter since we don’t really have any post up scoring from our bigs anyways. Can’t give the edge to our centers just because of their lack of scoring and inconsistent play throughout the year, but if Sissoko plays like he did last game, this isn’t a bad matchup at all for them.
2023.03.22 16:32 sudo_samba_addusr Let's Talk about Tisha B'Av
This topic came up on a trauma-related Discord server I am on.
On a personal level, I believe that there is a fine line between talking about trauma in a healthy way involving expressing emotions that were originally repressed, and re-experiencing/re-traumatizing by talking about trauma in an unhealthy, self-perpetuating way.
The goal in trauma therapy is frequently to 'process' the trauma, grieve, get angry if necessary, and then eventually, move on after the grief process is complete. For this to work the client must be shown that the client is now in a safe place, that the trauma will not repeat itself in the present. The trauma can then naturally be grieved and somewhat forgotten, or at least, it won't be as present in the conscious/subconscious mind anymore, because it has been sufficiently grieved, and the body recognizes it is now safe and no longer has to defend itself.
And I believe the same ideas can be applied to national traumas.
What I am saying, and this may be a controversial take, is that I believe Tisha B'Av to skew more as an emotionally unhealthy day. To me, Tisha B'Av is more about re-experiencing national trauma, and re-creating the feelings of danger, unsafety, fear, and sadness in the present, than it is properly mourning them.
For example:
Small children are taught to mourn a Temple they have never seen and have no connection to.
Slightly older children are taught about how the Romans martyred 10 Rabbis from the time of the Mishnah, and are taught of the gruesome deaths and tortures used. Children are taught to feel the terror of the pogroms during the Crusades, and are told graphic stories of death, fire, and wanton destruction. The Kinnot which are read are frequently incredibly graphic, with stories of men burned alive, skin raked off, and much worse.
Many adults in the more religious communities artificially induce themselves to cry in order to mourn the loss of the Temple.
The narrative (perhaps justifiable but still) that Eisav will always hate Yaakov is expounded on, and we are all taught to fear living as Jews in a world that will always hate us. A national identity of fear is created and reinforced.
And of course, the Holocaust. We recount horrific stories, that of course, should be taught and recorded, but is recounting them in public and requiring everyone to attend the way to do this? Should children be taught about Dr. Mengele? Many if not most Jews have had mental health struggles at one time or another. Should people with histories of trauma or even regular anxiety be subject to these stories? We are reminded by every Rabbi that the Holocaust could re-occur today given the right circumstances. This may be factually correct, but is this the attitude that our grandparents who survived the Holocaust want for us to live by? Do they want for their kids to live in constant fear, or did they survive the Holocaust to get out of that constant fear?
The amount of collective fear can make Jews living in the modern day afraid to talk to non-Jews, and find anti-semitism around every corner. Yes, anti-semitism is a problem in today's world, but the anti-semitism of today is nowhere near what it was in the times of the events described on Tisha B'Av. The practice of deliberately isolating Jews from non-Jews just recreates old problems, and the old ghetto's of the past are willfully re-created in the name of avoiding the hedonism of the modern world...
And the origin of Tisha B'Av is also to me a story of trauma and abuse. According to the Talmud, God was angry at the Jews for crying when they heard the meraglim's report that Israel was not as amazing a land as they had been led to believe. Apparently God said "You have cried in vain, so I will give you something to cry about."
That line is the classic line of an abusive narcissist parent to a child that needs compassion, rather than further hurt.
Why can't Tisha B'Av be a day of gratitude as well? A day to celebrate the differences between the past and the present, instead of interpreting the present in the lens of the past? A day of mindfulness where we can appreciate how different the daily life of the average Jew today is? A day to just exist in the present moment and marvel at how different things are today.
What are your thoughts?
submitted by sudo_samba_addusr to exjew [link] [comments]
On a personal level, I believe that there is a fine line between talking about trauma in a healthy way involving expressing emotions that were originally repressed, and re-experiencing/re-traumatizing by talking about trauma in an unhealthy, self-perpetuating way.
The goal in trauma therapy is frequently to 'process' the trauma, grieve, get angry if necessary, and then eventually, move on after the grief process is complete. For this to work the client must be shown that the client is now in a safe place, that the trauma will not repeat itself in the present. The trauma can then naturally be grieved and somewhat forgotten, or at least, it won't be as present in the conscious/subconscious mind anymore, because it has been sufficiently grieved, and the body recognizes it is now safe and no longer has to defend itself.
And I believe the same ideas can be applied to national traumas.
What I am saying, and this may be a controversial take, is that I believe Tisha B'Av to skew more as an emotionally unhealthy day. To me, Tisha B'Av is more about re-experiencing national trauma, and re-creating the feelings of danger, unsafety, fear, and sadness in the present, than it is properly mourning them.
For example:
Small children are taught to mourn a Temple they have never seen and have no connection to.
Slightly older children are taught about how the Romans martyred 10 Rabbis from the time of the Mishnah, and are taught of the gruesome deaths and tortures used. Children are taught to feel the terror of the pogroms during the Crusades, and are told graphic stories of death, fire, and wanton destruction. The Kinnot which are read are frequently incredibly graphic, with stories of men burned alive, skin raked off, and much worse.
Many adults in the more religious communities artificially induce themselves to cry in order to mourn the loss of the Temple.
The narrative (perhaps justifiable but still) that Eisav will always hate Yaakov is expounded on, and we are all taught to fear living as Jews in a world that will always hate us. A national identity of fear is created and reinforced.
And of course, the Holocaust. We recount horrific stories, that of course, should be taught and recorded, but is recounting them in public and requiring everyone to attend the way to do this? Should children be taught about Dr. Mengele? Many if not most Jews have had mental health struggles at one time or another. Should people with histories of trauma or even regular anxiety be subject to these stories? We are reminded by every Rabbi that the Holocaust could re-occur today given the right circumstances. This may be factually correct, but is this the attitude that our grandparents who survived the Holocaust want for us to live by? Do they want for their kids to live in constant fear, or did they survive the Holocaust to get out of that constant fear?
The amount of collective fear can make Jews living in the modern day afraid to talk to non-Jews, and find anti-semitism around every corner. Yes, anti-semitism is a problem in today's world, but the anti-semitism of today is nowhere near what it was in the times of the events described on Tisha B'Av. The practice of deliberately isolating Jews from non-Jews just recreates old problems, and the old ghetto's of the past are willfully re-created in the name of avoiding the hedonism of the modern world...
And the origin of Tisha B'Av is also to me a story of trauma and abuse. According to the Talmud, God was angry at the Jews for crying when they heard the meraglim's report that Israel was not as amazing a land as they had been led to believe. Apparently God said "You have cried in vain, so I will give you something to cry about."
That line is the classic line of an abusive narcissist parent to a child that needs compassion, rather than further hurt.
Why can't Tisha B'Av be a day of gratitude as well? A day to celebrate the differences between the past and the present, instead of interpreting the present in the lens of the past? A day of mindfulness where we can appreciate how different the daily life of the average Jew today is? A day to just exist in the present moment and marvel at how different things are today.
What are your thoughts?
2023.03.22 16:28 RROD93 Does Technical Analysis Really Work?
"I have found no better way to identify the trend than through chart analysis." Paul Tudor Jones
Technical Analysis. Hate it or love it but you can’t be indifferent to the concept if you call yourself a trader or a wanna be trader.But is technical analysis after all? How does it work? How can it help you? How can it not help you? What are the main misconceptions related to it?
Let’s start from the beginning: what is technical analysis afterall?
Technical analysis is a method of analyzing financial markets based on the study of historical price and volume data to identify patterns and trends. That easy! Nothing more nothing less.How, by the way?
Charts! Charts are the core for charts are the vehicle that displays the behavior of price and volume. Remember that these are the ultimate external subject technical analysis: price and volume.How about the glamorous fibonacci retracements, moving averages, oscillators, stochastics, candlesticks … and so on?
These are not black boxes … they have no predictive power, they are humble tools that measure and report what the price is doing.
For example the simple moving average, let’s say for the 10 period single moving average. All it does is displaying the average price close of the last 10 periods … It's a simple mathematical formula, nothing else.
Now perhaps a more important question: Why? What drives technical analysts to trust in technical analysis?
The common-held belief by technical chartists and traders is that price movements follow recognizable patterns that can be used to make profitable trading decisions.But what is the underlying justification for those patterns? Well, a hands-on trader does not care why the patterns recur, they just care that the pattern recur and appear with statistical significance which he can exploit.
The markets are moved most of all by rationality, some fewer times by irrationality, human bias and emotions and even fewer times by rare and unpredictable events. All of these three with significant impact in the markets. Technical analysis is just a tool to measure this ration behavior by investors and traders, irrational behavior … and even to measure past black swans.
Which are the misconceptions about technical analysis?
Technical analysis has gained a shady reputation because it is unfairly promoted as a crystal ball capable of predicting the future and yielding infinite returns.That's a pure lie. Nobody can predict the future. Nobody. No technical analyst, no fundamental analyst, no central bank analyst brainiac … no one whatsoever.
Why? Because although rationality and irrationality can be fairly charted … the element of chaos introduced by black swans result into an infinitude of possibilities about what the future could look like.
Ok, so why even bother using technical analysis?
Remember that it is only a measuring tool. Remember that in life and in trading, although we are indoctrinated to think about the world in terms of certainties, we live in the realm of probabilities, not certainties.Technical analysis is a differentiating tool because although no one knows the future, some things tend to happen more often than others. If you measure those things, you can capitalize from this asymmetry, provided you understand that this is only stage one of your trading process.
Here are three examples of how technical analysis can help traders capitazing from the element that move the markets:
Rational behavior:
Hedge Fund X, after a due diligent rational process determined that company Y sells enough products and earns profits to justify an investment of a huge amount of their shares so they bought a big bunch of shares from stock Y.
As a consequence of this heavy purchase, the chart of this stock showed a breakout into all time highs with heavy volume (technical analysis already).
You, the smart, retail trader have trained yourself to screen these breakouts and ride them until the price closes below the 50 EMA (technical analysis), because you’ve backtested this setup with the use of technical analysis and it tends to yield a lot of money 30 out of 100 trades, enough to pay for the 70 losing trades and still leave you with an hefty amount of money.
Irrational Behavior:
Stock Y, which you had earlier purchased picked up so much attention from the public, that now everybody wants to ride the rally. Everybody is scared of being the only loser who has not made a fortune with this stock, so they keep on buying and feeding the frenzy.
As a diligent technical analysis trader … although you know that the price can keep on going further, your studies have shown you that as of the moment yous pot an RSI bearish divergence after a strong rally (i.e), the market you are trading tends to be more exposed to the possibility of a big loss than to the possibility of a big win … so you know it is not worth your hard earned money neither way.
Black Swans:
You know that they tend to happen every now and then, they show up and make either massive damage or deliver massive gains.
So you specialize in measuring market conditions where you will benefit exponentially from the occurrence of these events. So you discover (i.e) that those market conditions are at its pronest to benefit the most from positive black swans when the broad market is at RSI below 30 or to benefit the most from negative events when the broad market is at RSI 80+ (technical analysis).
So whenever the broad market is reading these numbers you start looking for your setups more aggressively. You find 10 that meet your criterions … you take the trade with proper risk management rules. 9 do not work, the 10 come with a black swan that resulted in a massive profit that paid for the other. 9. You are now a richer trader because you employed technical analysis to study the past, measure risk and reward.
Technical analysis is not a crystal ball. It is a measuring tool. Learn how to harness its benefits and it takes very good care of you.
Cheers,
Ruben
https://www.tenacioustribe.com/does-technical-analysis-really-work
2023.03.22 16:23 RROD93 Herding, FOMO, and How to Profit from them as a Trader
"Trend following is as much about observing and understanding human behavior as it is about moving averages, breakouts, and position sizing."
Michael Covel
Human emotions’ arbitrage. Being a realist who buys from pessimists and sells to optimists. This is the backbone of the trading philosophy of trend following traders.What do trend followers aim at capturing and profit from? Trending prices … thank you very much haha. But what is it exactly that they are trying to capture?
You will never hear me saying that rationality is not a key factor when it comes to driving the markets. 95% of the time it does. But what really pays the salary of a trend follower, what really makes up for the roughly 7 losing trades they take from every 10, is the irrationality that every now and then kicks in and drives trends to stratospheric levels.
What is it that tends to be at the root of these moments of insanity? Herding. FOMO. The fear of missing out. That market environment when people are squeezed into buying … Tesla, Bitcoin, Real Estate, Tulips and many other manias, right now … or living with the unbearable pain of not only not becoming filthy rich should the price of that asset go to the moon, but also living in a state of anxiety for having to attend barbecues with friends and hearing them bragging about how they have just made a ton of money with Bitcoin.
That market atmosphere where cab drivers and strippers become stock picking specialists.
That market atmosphere where the econs start claiming that asset valuation is about to enter a new paradigm, a paradigm of never ending growth, a paradigm where the old metrics are obsolete and if you don’t buy right now, you will be left alone in your poverty haha.
I am sure this sounds familiar to you. Perhaps too familiar. Although we, human beings, tend to have short memories and forget that these moments have happened .., they keep on showing up cyclically since as far as financial history has started the record.
These moments happen in every scale, so although their climax happens throughout the times of insanity described above, they appear nearly every day with different extents.
Trend followers are just specialists in capturing this euphoria … or put in other words, similar yet with an important inner difference: Trend followers are just specialists at exposing themselves to the possibility of capturing these moments.
Like with every other endeavor in life … success is never a guarantee. Like with many other endeavors in life, not every attempt they make results in success. Quite the opposite as a matter of fact. Trend followers have losing trades with much higher frequency than winning trades.
What does this imply? They don’t know which assets are going to fly like Bitcoin or Real Estate once did. They just know the following:
- The odds are their next trade is a loser.
- There are a handful of assets out there, whose trend will pay for all these losers, break-even, bills and … still yield them a hefty profit.
- They must know that in order to catch that winner, they must remain alive, their account must remain in good shape at all costs.
- They must know that in order to remain alive, they need to cut losers short.
- They must know that in order to remain alive they must disperse their bets and not bet too big.
- They must know that in order to benefit from herding, they need to let winners run until the trends reverse.
- They must know how to identify and quantify the beginning of a trend and the reversal of the same.
- They must know that in order to guarantee the above premises they need to hoard and cultivate a rock solid emotional discipline so that they can take all these tiny losses lightly … so they can’t fall prey to the same emotions they are aiming at profiting from … so they don’t exitate when their entry signal manifests.
- They must trust their plan at all times. And in order to trust their plan they must test it to exhaustion beforehand and they must possess financial history knowledge.
Good buy and sell rules can be sketched on the back of a napkin.
It’s their execution that requires a deeper level of knowledge, most of it pertaining to self-knowledge, knowledge about emotional management, knowledge about human behavior …
… this journey is beautiful.
Cheers,
Ruben
2023.03.22 16:19 helikoopter It’s Not The Young Guys
Is It The Young Guys Hitting the Wall?
A lot of people continually point to this team being “young” and that they are subsequently hitting the wall. While there is no denying that this is a youthful team, the idea that their youth is somehow negatively affecting their results is what bothers me. From my vantage point, the youth is mostly doing their job, or at the very least, they are not entirely responsible for the Sabres defensive demise.
The last couple of weeks have been an absolute trainwreck, anyone who has been watching the games can agree. While there have been moments of something, it’s been a lot more terrible than okay. I decided to look at the last four games where the team’s defensive play was abysmal (5v5 4+ goals allowed - which excludes the games against the Rangers, Leafs, and Capitals). Admittedly, this is a pretty random 4 game sample, but we’ll look at a bigger picture after.
I’m using Quinn, Peterka, Krebs, and Power as my focus as those are the young guys (rookies, or near rookies). I’ve left out Samuelsson, although we can add him in later if necessary.
March 9 vs Dallas - 9 Goals Allowed 5v5 (45 skater goals allowed) Quinn - 3, Peterka - 2, Krebs, 2, and Power - 3 Not great, but far from the problem. That adds up to 10 goals out of 45, less than 25%.
March 17 vs Philadelphia - 4 Goals Allowed (20 skater GA) Quinn - 1, Peterka - DNP, Krebs - 0, and Power - 0 Wow, 1 out of 20 goals. Not at all the problem.
March 19 vs Boston - 6 Goals Allowed (30 skater GA) Quinn - 2, Peterka - 2, Krebs - 1, and Power - 2 Not great, but again, far from the problem sitting at less than 25%.
Last night vs Nashville - 6 Goals Allowed (30 skater GA) Quinn - 0, Peterka - 0, Krebs - 1, and Power - 1 That’s 2 out of 30. Yea, that’s not the issue either.
So in this admittedly small and random sample we have 2 games where the young guys were about average, and 2 games where they weren’t at all responsible for the defensive lapses (at least compared to their teammates).
As I said, this is a very small sample, it’s more pointing to the fact that the young guys haven’t been responsible for the poor defensive play recently - at least not enough that has created negative results.
So let’s look at a larger sample, say, since Feb 1 (I haven’t, but I’m sure you can roll the dates and things wouldn’t change significantly). Looking at rate stats (per 60) and 5v5 let’s see where the young guys rank at Goals Allowed.
Quinn - 18, Peterka - 12, Krebs - 19, and Power - 20.
I mean, that’s incredible. Not “hitting the wall” in the least bit.
The collapse we have seen in the second half (.40 pt%) of the season has not been due to the youth and inexperience of this team. There’s something much more significant at play. I’ve made my opinion known on multiple occasions. Let’s just stop pinning the blame on the young guys.
submitted by helikoopter to sabres [link] [comments]
A lot of people continually point to this team being “young” and that they are subsequently hitting the wall. While there is no denying that this is a youthful team, the idea that their youth is somehow negatively affecting their results is what bothers me. From my vantage point, the youth is mostly doing their job, or at the very least, they are not entirely responsible for the Sabres defensive demise.
The last couple of weeks have been an absolute trainwreck, anyone who has been watching the games can agree. While there have been moments of something, it’s been a lot more terrible than okay. I decided to look at the last four games where the team’s defensive play was abysmal (5v5 4+ goals allowed - which excludes the games against the Rangers, Leafs, and Capitals). Admittedly, this is a pretty random 4 game sample, but we’ll look at a bigger picture after.
I’m using Quinn, Peterka, Krebs, and Power as my focus as those are the young guys (rookies, or near rookies). I’ve left out Samuelsson, although we can add him in later if necessary.
March 9 vs Dallas - 9 Goals Allowed 5v5 (45 skater goals allowed) Quinn - 3, Peterka - 2, Krebs, 2, and Power - 3 Not great, but far from the problem. That adds up to 10 goals out of 45, less than 25%.
March 17 vs Philadelphia - 4 Goals Allowed (20 skater GA) Quinn - 1, Peterka - DNP, Krebs - 0, and Power - 0 Wow, 1 out of 20 goals. Not at all the problem.
March 19 vs Boston - 6 Goals Allowed (30 skater GA) Quinn - 2, Peterka - 2, Krebs - 1, and Power - 2 Not great, but again, far from the problem sitting at less than 25%.
Last night vs Nashville - 6 Goals Allowed (30 skater GA) Quinn - 0, Peterka - 0, Krebs - 1, and Power - 1 That’s 2 out of 30. Yea, that’s not the issue either.
So in this admittedly small and random sample we have 2 games where the young guys were about average, and 2 games where they weren’t at all responsible for the defensive lapses (at least compared to their teammates).
As I said, this is a very small sample, it’s more pointing to the fact that the young guys haven’t been responsible for the poor defensive play recently - at least not enough that has created negative results.
So let’s look at a larger sample, say, since Feb 1 (I haven’t, but I’m sure you can roll the dates and things wouldn’t change significantly). Looking at rate stats (per 60) and 5v5 let’s see where the young guys rank at Goals Allowed.
Quinn - 18, Peterka - 12, Krebs - 19, and Power - 20.
I mean, that’s incredible. Not “hitting the wall” in the least bit.
The collapse we have seen in the second half (.40 pt%) of the season has not been due to the youth and inexperience of this team. There’s something much more significant at play. I’ve made my opinion known on multiple occasions. Let’s just stop pinning the blame on the young guys.
2023.03.22 16:18 RROD93 Skewness, Kurtosis and Plain English For Successful Trading
"Trend following exhibits a positive skew return profile. (...) Positive skew means there is a higher probability for a significant positive return than for a negative return the same distance from the mean." - Michael Covel
Skewness, kurtosis, bell curve, normal distribution, systematic convexity, positive skew … all beautiful and fancy words right?What are these after all? Plain and simply put, words to qualify a distribution of probability.
Do you need to command the use of these words to become a successful trader?
Well, it helps if you do. It means that you are interested, it means that you’ve delved beyond the surface of widespread chart patterns and technical analysis concepts out there, which I think are extremely important tools, by the way.
But still … Do you really need to know and command them?
Here is a more hands on illustration of what they mean:
If you buy a stock without leverage, any stock, what is the most you can lose? If you buy approximately 5000$ in Apple stock, what is the worst case scenario?
Apple Inc goes bankrupt and you lose 100% of the money you invested in that trade. Apple Inc goes bankrupt and you lose those 5000$.
Conversely, what is the best case scenario? What happens if you hold Apple (or any other company) for the next 10 years and they keep on delivering top notch products? What is the max you can win?
The ceiling is virtually limitless … of course that money is not infinite, but 10 baggers (1000% gains) are not myths. Apple for instance has returned roughly 140000% since its IPo, back in 1981.
So let’s get things straight, the most you can lose is 100% and the most you can win is virtually limitless and 140.000%.
Still, would you say that what happened with Apple is a normal scenario? Not at all. Apple is a tail event. I do not know the numbers, but I’d say that the average stock return over time is much lower than Apple.
What does this tell you? This tells you that over the long run, should you focus on keeping your trading account alive, should you focus on steadily buying stocks, most of them will perhaps be small winners, small losers, big losers … Some of them can even be absolute losers, but every once in a while, should you employ for instance a buy and hold strategy or a trend following strategy … a few of these will be Apples, a few of these will be stratospheric winners.
And these stratospheric winners will be much farther from the mean result than the heaviest losers will.
This is what Positive Skew means when describing probabilistic distributions. This is what the fancy name means.
It is a fundamental concept … but still, all you need to know is that if you buy and hold stocks, most of your trades won’t yield fantastic returns … a few will and those will be able to pay for your losses and return profits on top of them.
Trend following is another strategy where this outcome is attained over the long run … or whichever strategy you employ where losers are cut short and winners are allowed to run.
What else can you draw from this exercise? According to this trail of thought isn’t a 100% loss a possible outcome of your next trade? What does that leave you with?
You cannot, and I repeat, you cannot bet big in any trade.
You must stay alive and spread your bets over time to increase the odds of catching the stratospheric winner that will ultimately pay you.
You must keep your trading account alive over time in order to reap the benefits of this cocktail … the law of big numbers and a system with positive expectancy.
Cheers,
Ruben
https://www.tenacioustribe.com/skewness-kurtosis-and-plain-english-for-successful-trading
2023.03.22 16:00 ChonkyOdango [NyanWatch] Non Non Biyori Repeat - Episode 10 Discussion
Repeat Episode 10 - I Practiced Really Hard
← Previous Episode Index Next Episode →Nyanpasu!
Classroom Activities
Question of the day
- Which episode 10 did you prefer?
- When did you get rid of your training wheels?
- Describe your feelings today in one word
Shot of the day
Repeat Episode 9 PicturesSoundtrack of the day
Non Non Harmonica. Violin and Recorder versionsLet’s Play and Tension
Key Staff
Episode Director: Koji SawaiStoryboards: Koji Sawai
Script: Reiko Yoshida
End Card
Spoiler Tags
Any detail you wish to share that's not within the current / past episodes have to be spoiler tagged which includes details from the manga. Do include the context of the spoilers within the parenthesis:e.g., [Manga Chapter 50 Onwards] >!Spoiler goes here!<Let's not spoil the first-timers!
2023.03.22 15:51 mgf1439 Eggcellent DD - Cal-Maine Foods ($CALM)
 | Price Gouging. That should be music to any investor’s ears. Whether it’s true or not, doesn’t really matter. Cal-Maine Foods ($CALM) is in the egg business. I’m sure you’ve heard about egg prices. Not only are they in the egg business but they are the biggest player in the US egg business. Prices for eggs were greatly elevated because of the Avian Flu going around killing 5 million chickens in December alone. As of their last update, $CALM has lost exactly 0 chickens to Avian Flu. submitted by mgf1439 to wallstreetbets [link] [comments] Snippet of price gouging letter from Elizabeth Warren and Katie Porter to $CALM CEO: “In the midst of record-high egg prices, your company, the largest egg producer in the United States, announced a 65% annual increase in profits in the third quarter of 2022, and no positive cases of avian flu.” Hint: its not price gouging though. It isn’t their fault prices have gone up due to Avian Flu. What are they supposed to do? Sell them at normal levels even though competitors have to sell them for twice as much? Largest market share in the US… 0 sick chickens. See snippet below from their latest 10-Q Filing: “We are closely monitoring the current outbreak of HPAI that was first detected in commercial flocks in the U.S. in February 2022. Outbreaks in commercial flocks in the U.S. have most recently occurred during each month from September to December 2022. The current HPAI epidemic has surpassed the prior 2014-2015 outbreak in terms of the number of affected hens in the U.S., and HPAI continues to circulate throughout the wild bird population in the U.S. and abroad. According to the U.S. Centers for Disease Control and Prevention, these detections do not present an immediate public health concern. There have been no positive tests for HPAI at any Cal-Maine Foods’ owned or contracted production facility as of December 28, 2022. The USDA division of Animal and Plant Health Inspection Service (“APHIS”) reported on December 27, 2022 that approximately 43.3 million commercial layer hens and 1.0 million pullets have been depopulated due to HPAI this year. We believe the HPAI outbreak will continue to exert downward pressure on the overall supply of eggs, and the duration of those effects will depend in part on the timing of replenishment of the U.S. layer hen flock. Prior to the outbreak of HPAI in February 2022, the layer hen flock five-year average from 2017 through 2021 was comprised of approximately 328 million hens. According to a LEAP Market Analytics report dated December 8, 2022, the layer hen inventory is not projected to exceed this 328 million mark again until December of 2023. Layer hen numbers reported by the USDA as of December 1, 2022 were 308.3 million, which represents a decrease of 5.8% compared with the layer hen inventory a year ago. However, the USDA reported that the hatch from July 2022 through November 2022 increased 5.8% as compared with the prior-year period. While no farm is immune from HPAI, we believe we have implemented and continue to maintain robust biosecurity programs across our locations. We are also working closely with federal, state and local government officials and focused industry groups to mitigate the risk of this and future outbreaks and effectively manage our response, if needed.” This means that while competitors have had to raise prices to offset their losses, $CALM has raised their prices along with the market but no lost chickens. Massive revenue but without the losses. Now let’s look at the numbers. $CALM reports Q3 earnings on March 28th after-hours. It covers the period from December 2022 – February 2023. Their current market cap is around $2.4 billion with a P/E ratio of 5.6. This is a hell of a value play, even without the massive upside. Earnings results for prior period September - November 2022: Revenue: $801.7 million Net Income: $198.6 million Earnings per share: $4.07 See egg price chart below (previous quarter highlighted in yellow, current quarter in green): https://preview.redd.it/vkd82d430bpa1.png?width=624&format=png&auto=webp&s=f7c1949d1c3ba11cbfae380f41976c7eac561ee4 Average egg price last quarter (yellow): $3.31 Average egg price this quarter (green): $4.43 Those are retail prices. Wholesale will be about 80% of that. Now, two assumptions I will be making, but they will both be on the pessimistic side: 1) they will be selling about the same amount of eggs as last quarter. Not a crazy assumption because Thanksgiving (pies) and Christmas (cookies) are two of their biggest months. In fact, last year their Q3 beat their Q2. 2) Cost of sales will be a straight % of revenue. I really don’t think that is likely to happen. It is more likely to stay flat, not like their costs go up a ton just because competitors are having bird flu issues. These are my rough estimates for their earnings: Revenue: $1,007 million Net Income: $400 million Earnings per share: $7.95 Current Analyst Forecasts (Yahoo Finance): Revenue: $853.8 million Net Income: $260 million Earnings per share: $4.52 It should be noted that even the current analyst forecasts would easily be $CALM’s best quarter ever. And I think they are going to shatter them. The play: stock and options. I’m doing both. Sit on it for another 4 weeks post earnings and hit ex-div date. They are required by by-laws to pay out at least 1/3 of profit every quarter in dividends. This resulted in a $0.77 dividend last quarter for an annualized rate of 5.65%. Not bad in these current times. If my earnings estimate were to be close to accurate that would push the dividend to $1.53 and the annualized rate to over 11%. Even the analyst forecasts would push it over 7%. All this to say, I think CALM is going to pop as soon as earnings come out. Is it a long-term hold? I don’t think so. But I do think people/institutions are going to pile into a stock that is crushing it while the rest of the market shits the bed. The long-term success will be determined by future Avian Flu outbreaks but I think institutions will at least hold their positions until they get a clearer position on what that looks like over the summer. Institutions hold 91.7% of the outstanding stock. Short percent of float is 14.4% |
2023.03.22 15:27 PracticalPremeds Everything You Need to Know About the MCAT
The MCAT is a standardized, multiple-choice, computer-based test administered by the AAMC (Association of American Medical Colleges). This test serves as a standardized measure that allows medical schools to compare their applicants to each other objectively. The MCAT encompasses subjects and topics that the AAMC considers valuable and representative of success for those interested in pursuing a career as a physician.
The test is divided into four sections, with each section covering different content and subjects. These four sections are:
-Chemical and Physical Foundations of Biological Systems
-Critical Analysis and Reasoning Skills
-Biological and Biochemical Foundations of Living Systems
-Psychological, Social, and Biological Foundations of Behavior
The test has two main question types: passage-based and discrete-style questions. For the passage-based questions, you will read a portion of text and then answer questions corresponding to either the content of the passage, your personal understanding of the concepts discussed, or a combination of both. Discrete questions are standalone questions that ask a single question with no external context from a corresponding passage.
Besides the “Critical Analysis and Reasoning Skills” section, each section has 59 total questions, with 44 passage-based and 15 discrete questions. You’re given a 95-minute time limit per section, but you may move on to the next portion of the test if you finish the current section before the 95-minute limit. The “Critical Analysis and Reasoning Skills” section consists of 53 passage-based questions with a 90-minute time limit. In between the “first and second” and “third and fourth” sections, you are offered an optional 15-minute break. In between the second and third sections, you are offered a 30-minute break.
How Often is the MCAT Administered?
Like many other standardized tests in the United States, the AAMC offers the MCAT multiple times a year through January and September to give potential test-takers flexibility in when they decide to study for and take the test.
Additionally, there are many testing centers nationwide where the test can be taken. If you would like to find a testing center near you, click HERE.
https://wsr2.pearsonvue.com/testtakeregistration/SelectTestCenterProximity/AAMC?conversationId=1718294
How Important is the MCAT?
The MCAT is required to apply to medical school and thus is essential in any medical school application as it serves as the only genuinely objective metric to medical school admission committees. Additionally, it allows potential applicants to judge which schools will be a good fit for them, as the average MCAT for any medical school’s current class is available on their website.
However, the MCAT is not the only part of the application, and thus an amazing MCAT score can’t hold up an application that severely lacks in other areas. Conversely, if an applicant has a weak MCAT score, if the remainder of the application is good, they still have a real chance of being accepted to medical school.
When Should I Take the MCAT
While there is no one correct answer for when you should take the MCAT, you should never take the MCAT until you feel fully prepared and ready. Studying for the MCAT is a difficult and time-consuming process. The vast amount of information you will be expected to know may take many weeks to months to master. Additionally, It costs $320 to take the MCAT; consequently, there’s a financial incentive to do well to avoid having to pay for the test again. Finally, medical schools can access your previous MCAT attempts when you apply, with one poor score potentially harming your overall chances of acceptance. All of these factors demand that the test be respected, and anything less than a full-hearted attempt to learn the material and leave nothing to chance is simply a waste of your time, money, and opportunity to be accepted to medical school.
In terms of when you should actually take the test during the year, you should be aware that it takes about a month for you to get your scores back after taking the test. Thus, you should take the MCAT at least a month before you plan to apply. Specifically, many suggest that you take the MCAT a few months before you plan to apply, such that you have time to get your scores back and retake the MCAT without having to push your application back a year if that’s what is needed.
However, everyone will have responsibilities outside of the MCAT that must be balanced. Thus, the answer of when you should take the MCAT will differ for everyone, but to be on the safe side, if you plan to apply in June, take the MCAT in late April or earlier.
How Should I Prepare for the MCAT?
The most challenging thing about the MCAT is the breadth of knowledge required for a competitive score. Due to the wide variety of tested content, the most effective way to comprehend the various topics is to take courses on those subjects through your university. For instance, taking a few intro biology and chemistry courses in college will serve as an excellent base for your understanding and significantly decrease the time required to develop mastery of the subjects for the MCAT. Due to the content tested on the MCAT, I would highly recommend taking courses in the following areas before starting your prep, if possible:
-biology
-physics
-psychology
-sociology
-general and organic chemistry
-biochemistry
While you don't need to take all these courses before taking the MCAT, the more you take, the easier your studying process will be. Personally, I hadn’t taken sociology or second-semester physics when I took the MCAT, and consequently, I spent a large portion of my time simply learning that material, compared to reviewing material that I had previously learned from my biology and chemistry courses.
If you can’t take one or more of these courses, I recommend skipping psychology or sociology. The other subjects require an understanding of complex and intricate processes that you will be expected to know for the MCAT. Conversely, the psychology and sociology on the MCAT are definition based. Thus, teaching yourself the definitions of psychology topics would be easier than teaching yourself organic chemistry or physics.
How Long Should You Study for the MCAT?
This question varies for everyone, but ultimately you should give yourself enough time to be fully prepared. There are a few typical paths that most test takers follow, and I suggest you choose one, depending on your unique situation.
How is the MCAT Scored?
The MCAT is divided into four sections, each graded separately on a percentile-based system between 118 and 132. A section grade of 125 is 50th percentile, with anything higher being above average and anything lower being below average. Consequently, your overall MCAT score can range from 472 (0th percentile) to 528 (100th percentile).
What Score Do You Need on the MCAT?
There is no one answer to this question, and with most things in life, it depends. Obviously, you should do your best, but if you want a concrete number to aim for, you should look at the average MCAT for your target medical school and aim to get that score or better. Aiming to beat the average student at your target medical school will set you on a path to success. According to the AAMC, the average MCAT score for a matriculant in medical school is 511. Thus, receiving an MCAT score of 511 or higher indicates a greater statistical chance of being accepted to medical school.
What if You Don’t Score Well?
Receiving a poor score on the MCAT can be mentally devastating, but it's not the end of the road. Like many other standardized tests, you can take the MCAT multiple times:
-3 times in one calendar year
-4 times in two calendar years
-7 times in your life
So, even if you don’t do well the first time(s), it doesn’t mean you can’t try again and improve your score. If you are serious about improving your score, you need to be brutally honest with yourself and ask yourself the following questions:
-Was I thoroughly prepared for that test?
-Did I give it my all to master all the concepts on the test?
-Did my performance on the test match my performance during my studying?
-Was that score the best I could ever hope to achieve?
If you said “No” to any of those questions, you should try again and ensure you correct your errors from your initial test. Whether you were generally unprepared, had test anxiety, or some other issue preventing you from reaching your goal, identify why you didn’t meet your expectation, and work as hard as possible to correct that deficit and come back stronger. While medical schools can see your previous attempts, if you can demonstrate an upward trend with your scores, they will look favorably on that and may disregard your previous sub-optimal results.
Actionable Advice
The MCAT is a standardized, multiple-choice test required for acceptance into medical school. It is offered many times a year in many locations. The biggest advice is to only take the test when you feel completely prepared. Develop a reasonable plan for studying the MCAT and stick to it. Do as many practice problems as you can. Studying for the MCAT is an involved process, but by organizing your time and preparing yourself effectively, you will set yourself up for success.
“Thank you for your time and attention, good luck and Godspeed.”
If you liked this post, please consider checking out the rest of my articles on PracticalPremeds.com
Thank You
submitted by PracticalPremeds to Mcat [link] [comments]
The test is divided into four sections, with each section covering different content and subjects. These four sections are:
-Chemical and Physical Foundations of Biological Systems
-Critical Analysis and Reasoning Skills
-Biological and Biochemical Foundations of Living Systems
-Psychological, Social, and Biological Foundations of Behavior
The test has two main question types: passage-based and discrete-style questions. For the passage-based questions, you will read a portion of text and then answer questions corresponding to either the content of the passage, your personal understanding of the concepts discussed, or a combination of both. Discrete questions are standalone questions that ask a single question with no external context from a corresponding passage.
Besides the “Critical Analysis and Reasoning Skills” section, each section has 59 total questions, with 44 passage-based and 15 discrete questions. You’re given a 95-minute time limit per section, but you may move on to the next portion of the test if you finish the current section before the 95-minute limit. The “Critical Analysis and Reasoning Skills” section consists of 53 passage-based questions with a 90-minute time limit. In between the “first and second” and “third and fourth” sections, you are offered an optional 15-minute break. In between the second and third sections, you are offered a 30-minute break.
How Often is the MCAT Administered?
Like many other standardized tests in the United States, the AAMC offers the MCAT multiple times a year through January and September to give potential test-takers flexibility in when they decide to study for and take the test.
Additionally, there are many testing centers nationwide where the test can be taken. If you would like to find a testing center near you, click HERE.
https://wsr2.pearsonvue.com/testtakeregistration/SelectTestCenterProximity/AAMC?conversationId=1718294
How Important is the MCAT?
The MCAT is required to apply to medical school and thus is essential in any medical school application as it serves as the only genuinely objective metric to medical school admission committees. Additionally, it allows potential applicants to judge which schools will be a good fit for them, as the average MCAT for any medical school’s current class is available on their website.
However, the MCAT is not the only part of the application, and thus an amazing MCAT score can’t hold up an application that severely lacks in other areas. Conversely, if an applicant has a weak MCAT score, if the remainder of the application is good, they still have a real chance of being accepted to medical school.
When Should I Take the MCAT
While there is no one correct answer for when you should take the MCAT, you should never take the MCAT until you feel fully prepared and ready. Studying for the MCAT is a difficult and time-consuming process. The vast amount of information you will be expected to know may take many weeks to months to master. Additionally, It costs $320 to take the MCAT; consequently, there’s a financial incentive to do well to avoid having to pay for the test again. Finally, medical schools can access your previous MCAT attempts when you apply, with one poor score potentially harming your overall chances of acceptance. All of these factors demand that the test be respected, and anything less than a full-hearted attempt to learn the material and leave nothing to chance is simply a waste of your time, money, and opportunity to be accepted to medical school.
In terms of when you should actually take the test during the year, you should be aware that it takes about a month for you to get your scores back after taking the test. Thus, you should take the MCAT at least a month before you plan to apply. Specifically, many suggest that you take the MCAT a few months before you plan to apply, such that you have time to get your scores back and retake the MCAT without having to push your application back a year if that’s what is needed.
However, everyone will have responsibilities outside of the MCAT that must be balanced. Thus, the answer of when you should take the MCAT will differ for everyone, but to be on the safe side, if you plan to apply in June, take the MCAT in late April or earlier.
How Should I Prepare for the MCAT?
The most challenging thing about the MCAT is the breadth of knowledge required for a competitive score. Due to the wide variety of tested content, the most effective way to comprehend the various topics is to take courses on those subjects through your university. For instance, taking a few intro biology and chemistry courses in college will serve as an excellent base for your understanding and significantly decrease the time required to develop mastery of the subjects for the MCAT. Due to the content tested on the MCAT, I would highly recommend taking courses in the following areas before starting your prep, if possible:
-biology
-physics
-psychology
-sociology
-general and organic chemistry
-biochemistry
While you don't need to take all these courses before taking the MCAT, the more you take, the easier your studying process will be. Personally, I hadn’t taken sociology or second-semester physics when I took the MCAT, and consequently, I spent a large portion of my time simply learning that material, compared to reviewing material that I had previously learned from my biology and chemistry courses.
If you can’t take one or more of these courses, I recommend skipping psychology or sociology. The other subjects require an understanding of complex and intricate processes that you will be expected to know for the MCAT. Conversely, the psychology and sociology on the MCAT are definition based. Thus, teaching yourself the definitions of psychology topics would be easier than teaching yourself organic chemistry or physics.
How Long Should You Study for the MCAT?
This question varies for everyone, but ultimately you should give yourself enough time to be fully prepared. There are a few typical paths that most test takers follow, and I suggest you choose one, depending on your unique situation.
- A three-month block in which you are entirely committed to studying for the MCAT. During this schedule, you should be reviewing 6-8 hours a day, 5-6 days a week. This method will allow for the fastest preparation for the MCAT as you’re entirely devoted to the MCAT goal, but it also has significant downsides. You will need three months of uninterrupted time, which is difficult for many people to schedule. This schedule would be perfect for test takers who plan to devote their whole summer to the MCAT, but that isn’t realistic for many people. However, for those that can arrange this study schedule, I would highly recommend it.
- A five-month schedule in which you study 5-10 hours a week for three months and then increase your studying to 10-15 hours in the final 4-6 weeks. This schedule will allow greater flexibility in maintaining a job or going to school during your studying. If you choose this method, spend the first three months primarily reviewing content to ensure you have all the definitions down. Once you feel confident in the content, begin slowly transitioning into more passage-based questions and practice tests closer to your test date, as these will help familiarize you with the test and the question style utilized on the MCAT.
- A full-year schedule in which you spend about 5 hours a week slowly reviewing everything for the MCAT, with a dedicated 2-4 week focused practice period before the test date to ensure mastery over all the relevant subjects. This schedule is ideal for individuals who already have a lot of commitments and thus can’t devote as much time over a short duration to the MCAT as others. This system can work for anyone, but you must keep refreshing yourself on the concepts you have already focused on, as your mastery won’t stick in your memory for months without proper review.
How is the MCAT Scored?
The MCAT is divided into four sections, each graded separately on a percentile-based system between 118 and 132. A section grade of 125 is 50th percentile, with anything higher being above average and anything lower being below average. Consequently, your overall MCAT score can range from 472 (0th percentile) to 528 (100th percentile).
What Score Do You Need on the MCAT?
There is no one answer to this question, and with most things in life, it depends. Obviously, you should do your best, but if you want a concrete number to aim for, you should look at the average MCAT for your target medical school and aim to get that score or better. Aiming to beat the average student at your target medical school will set you on a path to success. According to the AAMC, the average MCAT score for a matriculant in medical school is 511. Thus, receiving an MCAT score of 511 or higher indicates a greater statistical chance of being accepted to medical school.
What if You Don’t Score Well?
Receiving a poor score on the MCAT can be mentally devastating, but it's not the end of the road. Like many other standardized tests, you can take the MCAT multiple times:
-3 times in one calendar year
-4 times in two calendar years
-7 times in your life
So, even if you don’t do well the first time(s), it doesn’t mean you can’t try again and improve your score. If you are serious about improving your score, you need to be brutally honest with yourself and ask yourself the following questions:
-Was I thoroughly prepared for that test?
-Did I give it my all to master all the concepts on the test?
-Did my performance on the test match my performance during my studying?
-Was that score the best I could ever hope to achieve?
If you said “No” to any of those questions, you should try again and ensure you correct your errors from your initial test. Whether you were generally unprepared, had test anxiety, or some other issue preventing you from reaching your goal, identify why you didn’t meet your expectation, and work as hard as possible to correct that deficit and come back stronger. While medical schools can see your previous attempts, if you can demonstrate an upward trend with your scores, they will look favorably on that and may disregard your previous sub-optimal results.
Actionable Advice
The MCAT is a standardized, multiple-choice test required for acceptance into medical school. It is offered many times a year in many locations. The biggest advice is to only take the test when you feel completely prepared. Develop a reasonable plan for studying the MCAT and stick to it. Do as many practice problems as you can. Studying for the MCAT is an involved process, but by organizing your time and preparing yourself effectively, you will set yourself up for success.
“Thank you for your time and attention, good luck and Godspeed.”
If you liked this post, please consider checking out the rest of my articles on PracticalPremeds.com
Thank You
2023.03.22 15:09 yrakesh1996 Sand Cloud Blanket: 14 Reasons Why You Need One: The Sensational Sand Cloud Blanket is comfortable and stylish, suitable for picnics, beach days, and lounging.
The Sensational Sand Cloud Blanket is made of soft, durable fabric that is both comfortable and stylish. It is perfect for picnics, beach days, or simply lounging around at home. The blanket is large enough to fit two people, and it comes with a built-in carrying strap for easy transport.There are a number of reasons to own a Sensational Sand Cloud Blanket. First, the blanket is made of high-quality materials that will last for years. Second, the blanket is large enough to fit two people, making it perfect for couples or families. Third, the built-in carrying strap makes it easy to take the blanket with you on the go. Fourth, the blanket is machine-washable, making it easy to care for. Fifth, the blanket is available in a variety of colors and patterns, so you can choose the one that best suits your style.
12. It adds a pop of color and style to any outdoor setting.
The Sand Cloud blanket is a decor essential that elevates the look of any outdoor area. Boasting vibrant hues and a visually pleasing pattern, it provides a burst of color and style that enhances the overall aesthetic of the space. By adding this eye-catching element, the Sand Cloud blanket creates an inviting ambiance that entices one to bask in the beauty of the outdoors.
The blanket offers comfortable cushioning for sitting or lying on various firm surfaces, and it doubles ideally as a yoga mat, workout space, or picnic accessory. With water-resistant properties, it is prefect for damp settings and can also be utilized as camping bedding or outdoor sleeping material. It injects some color and elegance into any outdoor environment, easy to pack and lightweight for journeys. Overall, the Sand Cloud Blanket represents a practical and chic asset that provides ample benefits and
submitted by yrakesh1996 to u/yrakesh1996 [link] [comments]
The Sensational Sand Cloud Blanket is made of soft, durable fabric that is both comfortable and stylish. It is perfect for picnics, beach days, or simply lounging around at home. The blanket is large enough to fit two people, and it comes with a built-in carrying strap for easy transport.There are a number of reasons to own a Sensational Sand Cloud Blanket. First, the blanket is made of high-quality materials that will last for years. Second, the blanket is large enough to fit two people, making it perfect for couples or families. Third, the built-in carrying strap makes it easy to take the blanket with you on the go. Fourth, the blanket is machine-washable, making it easy to care for. Fifth, the blanket is available in a variety of colors and patterns, so you can choose the one that best suits your style.
Below are 14 reasons why you need a Sensational Sand Cloud Blanket in your life:
1. It is made of soft, durable fabric that will last for years.
The blanket is made of a soft and durable fabric that is expected to last for many years. The use of "soft" means the blanket is comfortable to use, while "durable" means it can withstand wear and tear without losing its quality. Overall, the sentence emphasizes on the high quality of the fabric used to make the Sand Cloud Blanket, which is expected to provide long-lasting comfort to its users.2. It is large enough to fit two people, making it perfect for couples or families.
The blanket's accommodating size is perfect for couples or families seeking to share a quilt, specifically when engaging in outdoor activities like picnics, beach trips, or camping. Its vastness allows two individuals to freely stretch out or relax on it without feeling cramped.3. It comes with a built-in carrying strap, making it easy to take with you on the go.
The distinguishing factor of a sand cloud blanket is its integrated carrying strap, which facilitates hassle-free transportation between locations. With this feature, you can conveniently take the blanket along wherever you go. Therefore, if you're seeking a portable blanket that can accompany you on your travels or daily commutes, the sand cloud blanket would make a practical.4. It is machine-washable, making it easy to care for.
The blanket has the characteristic of being machine washable, which enables easy cleaning using a washing machine as opposed to manual handwashing or the services of a dry cleaner. This advantage allows the owner to easily and care for the blanket.5. It is available in a variety of colors and patterns, so you can choose the one that best suits your style.
Sand cloud blankets are available in a wide range of colors and patterns, giving you tons of design options to suit your personal tastes and preferences. With a wide selection of bright and vivid colors as well as more concise patterns, there is sure to be a sand cloud blanket that will catch your eye and complement your personal.6. It is perfect for picnics, beach days, or simply lounging around at home.
The Sand Cloud blanket is versatile and can be used for an array of activities such as outdoor picnics, beach outings, and cozening up at home. Its adaptability makes it a wise investment, as it is a practical and convenient item to have.7. It provides comfortable padding for sitting or lying down on hard surfaces.
The Sand Cloud blanket is designed to offer a plush and gentle cushion for both sitting and lying down. It effectively covers hard surfaces and enables individuals to lounge comfortably. Whether you desire to unwind on the ground or a bench, the Sand Cloud blanket guarantees a cozy experience.8. It can be used as a yoga mat or workout space.
The blanket serves multiple purposes - not just as a regular cover, but also as a yoga mat or a workout area. The blanket's material and dimensions cater to physical activities, allowing for a comforting and stable surface.9. It can be used as a picnic blanket for outdoor dining.
When dining al fresco, a Sand Cloud blanket doubles as a picnic mat. With its outdoor-friendly features, it can provide a comfortable and clean spot for people to sit and eat. Thus, for those who are organizing an outdoor event or just enjoying a leisurely picnic, the Sand Cloud blanket offers a perfect solution for their seating and dining needs.10. It is water-resistant, so it can be used on damp surfaces.
The sand cloud blanket boasts water-resistant properties, which imply it is purposefully created to avoid water and prevent moisture from seeping in. As a result, this characteristic permits it to be utilized on wet surfaces like those found at the beach or pool without posing a risk of becoming wet or getting impaired easily. For this reason, the sand cloud blanket presents itself as an extremely suitable pick for any outdoor activity that involves exposure to water or humidity.11. It can be used as a bedding option for camping trips or outdoor sleeping.
The Sand Cloud blanket is an ideal choice for outdoor use such as camping or sleeping outside, as it is made from sturdy materials that can withstand the tough conditions. Its ability to serve as bedding ensures that users can enjoy its warmth and comfort while sleeping outdoors.12. It adds a pop of color and style to any outdoor setting.
The Sand Cloud blanket is a decor essential that elevates the look of any outdoor area. Boasting vibrant hues and a visually pleasing pattern, it provides a burst of color and style that enhances the overall aesthetic of the space. By adding this eye-catching element, the Sand Cloud blanket creates an inviting ambiance that entices one to bask in the beauty of the outdoors.
13. It is lightweight and easy to fold and pack for travel.
The Sand Cloud blanket is a great option for those seeking a light and portable cover. Its featherweight quality makes it effortless to carry around, while its ability to fold into compact sizes allows for hassle-free packing when on-the-go. For individuals in need of a cozy and practical travel blanket, the Sand Cloud is an excellent.14. It makes a great gift for anyone who loves the outdoors or needs a comfortable and stylish blanket.
The Sand Cloud blanket is a versatile gift that caters to different types of people. It's perfect for individuals who like spending time outdoors and those who prefer the comfort of a stylish and warm blanket. Therefore, this gift is an excellent choice for a variety of recipients, appealing to various interests and preferences.Conclusion
The Sand Cloud Blanket is a premium and adaptable product built with soft, resilient material. Capable of accommodating two individuals, it includes a convenient built-in carrying strap for effortless transportation. It is also easy to clean in the washing machine, comes in various colors and designs, and is the ideal choice for multiple outdoor pursuits such as beach outings, picnics, camping trips, as well as indoor leisure such as lounging at home.The blanket offers comfortable cushioning for sitting or lying on various firm surfaces, and it doubles ideally as a yoga mat, workout space, or picnic accessory. With water-resistant properties, it is prefect for damp settings and can also be utilized as camping bedding or outdoor sleeping material. It injects some color and elegance into any outdoor environment, easy to pack and lightweight for journeys. Overall, the Sand Cloud Blanket represents a practical and chic asset that provides ample benefits and
Also Read:
The Unexpected Difference Between Yoghurt And Yogurt - How noosa became America’s favorite yoghurt2023.03.22 15:08 Siexo14 Do I have a shot at passing if I take it again? I’m feeling very discouraged 🫤
 | submitted by Siexo14 to FE_Exam [link] [comments] |
2023.03.22 15:07 MephobicBlonde [Let’s Build] a d100 list of ‘Echoes from the Past’
Hello! This is a continuation of my last post here (which is now hidden to follow the sub's rules), so I can separate old answers from new ones. I need some more help brainstorming ideas for my D&D realm known as the Isles of Etherwolfe.
From my last post: "Due to a worldbuilding secret I shall not share due to my players definitely spying on my profile, spectral ‘Echoes’ from past worlds have a chance of slipping through the cracks, appearing as cryptic ethereal images that often have no connection to the world. They are simply remnants of previous worlds, other civilizations, “alien” species [and D&D races] like strange other version of elves, etc. These Echoes could even be specific [worldbuilding] references from your world or other D&D worlds, anything! Make them strange, make them mysterious, make them unexplained, and let’s create a cool list of ideas!"
Update 1: I've received a ton of interesting 'scenes' for these echoes, but from now on, let's try to make things more stagnant, like strange objects appearing in places they shouldn't, or ruins of old castles, etc. For instance, 11) A lone sailing ship, lilting to the side. The ropes and wheel still gently move despite the lack of any crew. u/HordeOfAngryBees, or 32) a ruined and partially collapsed castle, structured using large brass pipes; once a center of learning and discovery for steam powered technology u/nexorati. Don't forget that these echoes can be specific references to other worlds (I've gotten some cool Eberron and Faerun stuff, but let's keep expanding!). Try to keep them relatively grounded in medieval High Fantasy. I appreciate the modern references, but I think we've collected enough of them in the table!
Update 2: Try to keep your responses a bit short, at around 3-ish lines. As I input your responses into my document, I've been trimming some of them down or beefing them up to match the rest, but their primary idea has obviously stayed the same :)
Update 3: Thank you all so much for your help, this is turning out great! If I continue to get responses, I may even go over 100 simply because the possibilities are endless and random. Anything can slip through the cracks from these past worlds... Let's get crazy, lets get mysterious, lets get unexplained, lets get... echoey. I don't know.
Echoes from the Past:
Note: Most, if not all of these Echoes should appear Spectral, as if being seen on the Ethereal Plane.
d100. Echo
submitted by MephobicBlonde to d100 [link] [comments]
From my last post: "Due to a worldbuilding secret I shall not share due to my players definitely spying on my profile, spectral ‘Echoes’ from past worlds have a chance of slipping through the cracks, appearing as cryptic ethereal images that often have no connection to the world. They are simply remnants of previous worlds, other civilizations, “alien” species [and D&D races] like strange other version of elves, etc. These Echoes could even be specific [worldbuilding] references from your world or other D&D worlds, anything! Make them strange, make them mysterious, make them unexplained, and let’s create a cool list of ideas!"
Update 1: I've received a ton of interesting 'scenes' for these echoes, but from now on, let's try to make things more stagnant, like strange objects appearing in places they shouldn't, or ruins of old castles, etc. For instance, 11) A lone sailing ship, lilting to the side. The ropes and wheel still gently move despite the lack of any crew. u/HordeOfAngryBees, or 32) a ruined and partially collapsed castle, structured using large brass pipes; once a center of learning and discovery for steam powered technology u/nexorati. Don't forget that these echoes can be specific references to other worlds (I've gotten some cool Eberron and Faerun stuff, but let's keep expanding!). Try to keep them relatively grounded in medieval High Fantasy. I appreciate the modern references, but I think we've collected enough of them in the table!
Update 2: Try to keep your responses a bit short, at around 3-ish lines. As I input your responses into my document, I've been trimming some of them down or beefing them up to match the rest, but their primary idea has obviously stayed the same :)
Update 3: Thank you all so much for your help, this is turning out great! If I continue to get responses, I may even go over 100 simply because the possibilities are endless and random. Anything can slip through the cracks from these past worlds... Let's get crazy, lets get mysterious, lets get unexplained, lets get... echoey. I don't know.
Echoes from the Past:
Note: Most, if not all of these Echoes should appear Spectral, as if being seen on the Ethereal Plane.
d100. Echo
- A cathedral dedicated to an unknown deity (flower symbol) inhabited by strange elves.
- A small river flowing north, which suddenly turns upward and floats into the air and disappears
- A war-torn battlefield strewn with rusted armor and weapons, still-flaming arrows scatter the ground
- Ruins of a cyclopean city emerging from a shifting river-bank. Bodies of petrified giants trapped in poses from everyday life. u/MaxSizeIs
- A mana-dense vault filled with thousands of crystalline discs six inches across that shine with a reflective rainbow in the light. u/MaxSizeIs
- The ruins of a greek-style bank run by a collection of metallic-skinned halflings.
- Various flapping banners staked into the ground representing the different elements.
- A row of hundreds of humanoid statues. In fact, they are the same statue expressed over hundreds of years. The ones in the front are broken and weathered, the ones in the middle gleam with paint and polish, and the final ones are uncarved plinths of stone. u/onepostandbye
- A stone building can be seen in different eras depending what side you view it from. Entering from the basement entrance allows PCs to interact with a disoriented shopkeeper. u/onepostandbye
- The upper slope of this area displays many tilting grave markers. Where the land has eroded, spectral skeletons float as if in repose, their spectral headstones floating six feet above. u/onepostandbye
- A lone sailing ship, lilting to the side. The ropes and wheel still gently move despite the lack of any crew. u/HordeOfAngryBees
- A massive, thick wall of trees standing in a circle. Inside of the circle is a clearing where snow gently falls around an old cabin. u/HordeOfAngryBees
- A colossal warforged titan stands atop a hill, its sadness palpable. It slams its fists down on a column of soldiers, the ground trembling from the force. More soldiers advance, siege weapons primed to fire. u/NecessaryCornflake7
- A flying ship with a ring of fire descends over an elegant Victorian city, full of twinkling lights. u/NecessaryCornflake7
- A lightning rail stops at a station in a small wilderness town, its energy connecting to the conductor stones in the ground. u/NecessaryCornflake7
- On another hill, shrouded in fog, a dilapidated one-story cabin emits a beam of blue light, summoning zombies and skeletons clothed in ruined soldier equipment begin to emerge from the fog. u/NecessaryCornflake7
- An echo of a community endlessly replays one hour of mundane village life. The village met some terrible end, and when PCs move close to persons, objects, or buildings, the echo temporarily dissolves to show the current state of the place, which is ugly and sad. u/onepostandbye
- The father guided his son, teaching him how to properly aim and bend the bowstring. In the lush forest, a deer suddenly appeared in the clearing. Whispering instructions, the father watched as the boy released the arrow. u/NecessaryCornflake7
- The mother watched unamused as her children fought over a toy in the front yard of the tree house. She abruptly stopped the fight by taking away the toy and instructed them on how to treat each other better. The scolding brought tears of sorrow to the children, but the mother was quick to comfort them with a hug and kisses, reassuring them of her love. u/NecessaryCornflake7
- A grandpa and their granddaughter ventured deep into the magical forest together to collect wild berries. As they wandered, grandpa spotted something dangerous lurking in the shadows. He quickly drew his granddaughter closer and shielded them with his magical staff, ready to protect her from the unseen danger. u/NecessaryCornflake7
- An exhausted salaryman walking from the glass box of their office to their old Geo Metro, while above them looms a planet, of awesome size, lit by no sun. A dark titan, all thick black forests and jagged mountains and deep turbulent oceans. u/MaxSizeIs
- Impossibly tall metal towers made of impossibly slender sticks, while lonely red light pulses slowly at it's top. Disturbing black birds hunch menacingly, roosting upon it in great numbers. Hallucinatory, ethereal music in no recognizable style seems to buzz within one's teeth as they draw near to the apparition. u/MaxSizeIs
- A strangely dressed man sitting behind a desk while a confusing array of boxers and esoteric instruments sit before him. He talks in an unknown language, fiddles with one of the instruments, placing a black disc upon a sort of spinning table, and suddenly from no discernable location, alien music can be heard. u/MaxSizeIs
- A hard sort of road but made of a sort of greyish black stone that seems poured like a river, it is very wide, and seems to go in both directions forever. Several lines of strange metal boxes, somewhat like carriages, go in both directions, countless in number, rolling slowly, occasionally stopping then starting again in waves, making no noise, and with no-one inside. u/MaxSizeIs
- A vast canyon, with seemingly infinitely tall towers made of glass on both sides. Every floor of the tower seems to be comfortably furnished in (admittedly alien design), but also appears to have at least one terrified person silently banging on the glass, apparently begging to be let out. Occasionally it rains bodies, they fall from great height from above, then through the ground as if it isn't there, and keep going. u/MaxSizeIs
- A person in a strange sort of greyish-white diving suit with a large, bulky looking backpack contraption on their back, wielding a striped flag, and bouncing around as if they were almost floating. u/MaxSizeIs
- A giant airship zeppelin, coming in to dock at a tall tower. A large crew of people on the ground pull on lines connected to the ship, pulling it in to dock. u/MaxSizeIs
- A large beast-man with horns and cloven feet, wearing a long coat and a strange set of mirrored lenses upon their face, scowls, crosses their arms and pantomimes, seeming to deny you entry. u/MaxSizeIs
- A labyrinthine maze with walls higher than a person, extends to the horizon. u/MaxSizeIs
- A friendly red dog, the size of a large house, with fangs the size of a grown person, and a mouth that could swallow you in one go. It wants to play. u/MaxSizeIs
- A school of ornamental goldfish, each the size of a blue-whale, just swimming as if the air were water. u/MaxSizeIs
- a ruined and partially collapsed castle, structured using large brass pipes; once a center of learning and discovery for steam powered technology u/nexorati
- A caveman sizes up a lightning-struck, burning log, pokes it, and runs away howling in pain. u/RealRamessesII
- A little girl points toward the entrance of a dark forest, as the unsuspecting farmers walk hesitantly within. Smiling deviously, the girl stays a distance back. Suddenly, large red, illuminated eyes appear from the forest darkness, causing the farmers to scream in terror. u/NecessaryCornflake7
- A priest, a nobleman, and a guard pass by an old beggar on the street without offering help, but a mixed adventuring party of a tiefling, halfling, dragonborn, and humans stop to give the beggar assistance. In gratitude, the beggar hugs one of them. u/NecessaryCornflake7
- An exhausted alchemist conducts a complicated experiment with various colored liquids, beakers, and pipes. Upon the completion of the experiment, the gnome jumps with joy, holding the main vial as if it were a new precious child, as the color of the vial has shifted to a solid red, welcoming the new discovery. u/NecessaryCornflake7
- A young king, resplendent in his finest garments, strode confidently with his entourage of attendants into the city gates. The inhabitants of the city, who lined the streets, remained expressionless and unmoved, their supposed welcome a mere pretense. As they marched on, the imposing silhouette of the castle loomed into view, its grey stone walls shrouded in the morning mist. The king's heart raced with anticipation as he imagined the throne room within, and the destiny that awaited him. u/NecessaryCornflake7
- A river of liquid copper, gold, or quicksilver. u/MaxSizeIs
- A giant eye, peering into reality from a crack in the sky. u/MaxSizeIs
- A carousel, moving, but with no passengers or people around. u/MaxSizeIs
- An abandoned ice-cream truck, moldering away in a primeval forest, music still playing. u/MaxSizeIs
- A wall of screens taller than a person and a mile long, each playing a different episode of the same sitcom, out of order and with no context. Occasionally the screens talk to each other, as if they know the other episodes are there, or that someone may be watching them, then the episode ends and the next one starts. The same exact episode is never played more than once. u/MaxSizeIs
- Hidden among all these Echoes is an actual Ghost. u/CptnR4p3
- The ground shakes as a long forgotten behemoth creature walks by only to fade from existance. u/FirstChAoS
- You enter a lush valley, you see the smiling face of a massive elemental being on a nearby hillside. The face vanishes and the vegetation turns sickly in its absense. u/FirstChAoS
- A blue humanoid with yellow eyes and no mouth tinkers with a device on a table. He turns towards you, looks surprised, then motions for you to leave as he fades from existance. u/FirstChAoS
- The temperature turns cold and the world becomes encased in ice. Fur covered dwarves huddle in the glacial caves while a castle of ice rises in the distance. u/FirstChAoS
- Warriors riding giant insects rush by you to attack a skeletal titan. The titan is controlled by a demon impaled on its ribs. u/FirstChAoS
- A young child trips over a stone and cuts her leg. She transforms into a terrifying monster and destroys the stone. u/starsailor11
- The ruins of an old town peaking out of a large lake. By looking deeper the players find what was once a town that had been here, but became submerged by water as a result of storms. There are no skeletons, but the buildings have become familiar with the seaweed and underwater life of the lake. u/hopeful_badger06
- A smiling man with dark skin and long, black hair stands at the helm of a deep green pirate ship. He opens his eyes. All 7 of them. u/Magical_Breadicorn
- A small village of thatched roofs burns in the twilight. A hag stands cackling in the distance. u/Magical_Breadicorn
- An ominous horseman in a crimson cape and hood, standing silently on the top of a hill. His eyes are blank and he doesn't have lips, showing all of his front teeth. He seems to look fait away in the horizon. u/Sans-Mot
- For centuries, a fierce battle has been raging in the skies above a city. On one side is a powerful angelic figure, a divine embodiment of justice, righteousness and goodness. On the other side is its demonic counterpart, a force of malevolence and wickedness. The fate of the city hangs in the balance, as its citizens await the outcome of this epic struggle between good and evil. If the angelic figure prevails, the city will be blessed with peace, joy and contentment, while a victory for the demonic figure will plunge the city into darkness, despair and chaos. u/NecessaryCornflake7
- Two young lovers in a tight embrace, lounging together as they watched the beautiful sunrise that stretched out over the towering view in front of them. Despite the uncertainty of their future and the restrictions their parents and society had imposed on them, they committed to do everything in their power to make their relationship work. They shared a moment of peace, admiring the beauty of the sunrise and dreaming of the possibilities that lay ahead of them. u/NecessaryCornflake7
- The warrior kneels beside his friend, who is gravely injured from the battle that is still raging around them. He takes his hand, feeling the warmth and life slowly fading away. Knowing this will be their final moment together, he promises to take care of his family, vowing to make sure they are provided for in the future. The dying warrior looks up at him with a grateful and familiar smile, and with one last breath, his soul departs. The kneeling warrior grasps his friend's hand tightly, holding back tears as he silently bids farewell. u/NecessaryCornflake7
- The authoritative knight galloped through the street on his trusted steed, seemingly without a care for the citizens around him. A small young boy stood in his path, seemingly about to be run over when a heroic young girl jumped in front of him and managed to stop the knight in his tracks. The knight, completely oblivious of the danger he had almost caused, continued on his path, leaving the young boy with a sense of shock and awe. The young boy quickly recovered, and with a humble sense of gratitude, thanked the girl for saving him. u/NecessaryCornflake7
- A scrawny stray cat cautiously trots up to a homeless woman, who was leaning against a wall, fast asleep. The woman stirred and opened her eyes, only to find the tiny cat rubbing against her leg. Her face lit up with a warm smile and she reached into her bag to pull out a bowl of water and a few scraps of food. The cat eagerly lapped up the cool water and devoured the food, purring appreciatively as it nestled in the woman's outstretched arms. u/NecessaryCornflake7
- A large library is the backdrop for an unlikely duo - a half-orc barbarian and an elf wizard. The wizard is patiently instructing the half-orc in the basics of reading and writing, starting with the alphabet. Despite his gruff demeanor, the half-orc is evidently making progress and has already managed to learn a few letters. With a bit more time and effort, it's possible the half-orc could master the entire alphabet. u/NecessaryCornflake7
- A regal demon prince lounged around a luxurious dinner table in a dimly lit hall, attended by a troupe of beguiling succubi, serving his every need. Standing awkwardly and aloof in front of the table, a tiefling warlock appeared. The demon prince smiled with a mischievous glint in his eye, and the two began a conversation concerning their previous contract. The demon prince insisted that he would aid the tiefling in finding her long-lost daughter, but in exchange, she must accept the corruption of pleasure and servitude. With great hesitation and a heavy heart, the tiefling reluctantly agreed. u/NecessaryCornflake7
- The giant teenager was throwing a temper tantrum, demanding to her father that she be allowed to go out and smash any humanoids she could find in the vicinity. Her hulking father seemed to share her enthusiasm, but urged her to be mindful of not angering too many people at once. He wanted her to be strategic in her actions, so as not to draw too much attention or cause too much chaos. u/NecessaryCornflake7
- The evil lich cackled maniacally in their shadowy crypt, admiring the intricate schematics of their sinister plot to conquer the world and bend its subjugated inhabitants to their will. Suddenly, one of the lich's skeletal servants happened to stumble into the table, causing several of the papers to scatter around the room. This provoked a violent outburst from the lich, who cast a necrotic spell to immediately annihilate the unfortunate minion. After regaining his composure, the lich retreated to his private chambers, where he encountered his undead kitten. Softening his expression, the lich began to pet the feline vigorously, seeking comfort in the small creature's presence. u/NecessaryCornflake7
- The magical professor asked the class a question about the importance of proper speaking and gesturing to successfully cast a spell. One student raised their hand, and when allowed to answer, they replied, "You really need to address that wart, professor." This resulted in the class bursting into laughter, and the professor struggled to maintain composure as he demanded the student answer his question instead of distracting the class. u/NecessaryCornflake7
- An ancient city, long forgotten and submerged beneath the depths of the ocean, emerged from the depths. The walls of the buildings were still covered in a variety of sea life. u/NecessaryCornflake7
- The adventurers face a daunting task, standing before a portal to the demonic plane, surrounded by countless fallen demons. With a tremendous effort, one of the brave adventurers casts a powerful spell to banish the portal. In a climatic moment, the portal shatters, and the entire group watches in awe as the spell caster collapses to the ground in exhaustion. The rest of the party rallies around them in solidarity and support. u/NecessaryCornflake7
- Several brilliant stars illuminated the landscape, gradually moving closer to one another. Suddenly, they collided and created a mesmerizing display of colors, with hues of blue, green, yellow, and red fanning out in all directions. A devastating force surged through the countryside, serenading the land with a beautiful yet destructive sight. u/NecessaryCornflake7
- A heavy rainstorm swept in over the hilly pasture land, the moist wind whipping through the tall grass and bending it to its will. Streaks of lightning illuminated the dark, rain-filled sky, casting a dramatic backdrop to the scene. A small cluster of cows had huddled together under the shelter of a few trees, seeking safety and respite from the raging storm. u/NecessaryCornflake7
- The warforged creature stands in the middle of a vast junkyard, its single arm and damaged leg starkly contrasting with the piles of gleaming metal and wooden pieces that surround it. Its glowing eyes search the mounds, hastily selecting a few choice pieces to inspect and fit onto its body. With its single arm, it delicately lifts a metal appendage and attaches it to the place where its missing limb should be. It then picks up a wooden leg and affixes it to its damaged one, replacing it with a functioning limb. After a few moments, the warforged tests out its new arm and leg, its body adapting to its newfound mobility. u/NecessaryCornflake7
- A poor mother, surrounded by her children, sits together on the floor of a drab and sparsely furnished hut. As her children huddle around her, she gently guides them in a simple prayer for provision, asking for divine aid in these difficult times. As if in answer to their pleas, a knock suddenly sounds on the door. Upon opening it, the family finds a box filled with food, clothes, and other essential items donated by an anonymous figure with a knowing smile. Unbeknownst to the family, the mysterious individual is an agent of their deity, answering the prayer with a tangible act of kindness. u/NecessaryCornflake7
- The old half-elf, dressed in luxurious noble robes and carrying an ornate ice staff, finished an important meeting with several rulers. After the meeting concluded, he stepped through a magical portal into a more private area. As soon as he emerged from the portal, the half-elf transformed into a majestic white dragon. With a powerful beat of its wings, it soared into the sky, flying off on a determined mission. u/NecessaryCornflake7
2023.03.22 14:57 fprintf [text] My LeMans grinding car: Toyota TS030 hybrid on Intermediates
I won a Toyota GR1 TS030 hybrid car on a ticket, such a surprise. For the past few weeks I've been using it exclusively to grind for credits. I reduce the power to either 800pp (Sardegna) or 700pp (LeMans), put on Intermediate tires and for Sardegna it is a single fuel stop, and LeMans at FM4 will go without stops. Plus LeMans rains most of the time.
Laptimes for LeMans depend on how sharp I am but my best time is 4:18 at FM1 but usually it is 4:24-4:25 on FM4. This results in 7 laps to win the race by 1:10 to 1:20 on Easy or Normal, depending on the weather. Total race time isn't the most efficient at this pace, the 30 minute mark happens midway on the 7th lap. Usual race time completion is 31:30 or so.
It is super easy to grind using this setup. I am eager to try the Mazda 787B that everyone raves about, when it finally reappears for me to buy, to see how it compares. I can't imagine it is that much easier to drive for the grind, though I am looking forward to the sound.
submitted by fprintf to GranTurismo7 [link] [comments]
Laptimes for LeMans depend on how sharp I am but my best time is 4:18 at FM1 but usually it is 4:24-4:25 on FM4. This results in 7 laps to win the race by 1:10 to 1:20 on Easy or Normal, depending on the weather. Total race time isn't the most efficient at this pace, the 30 minute mark happens midway on the 7th lap. Usual race time completion is 31:30 or so.
It is super easy to grind using this setup. I am eager to try the Mazda 787B that everyone raves about, when it finally reappears for me to buy, to see how it compares. I can't imagine it is that much easier to drive for the grind, though I am looking forward to the sound.
2023.03.22 14:55 autotldr A quarter of world population lacks safe drinking water: UN
This is the best tl;dr I could make, original reduced by 52%. (I'm a bot)
Summary Source FAQ Feedback Top keywords: water#1 report#2 Connor#3 countries#4 year#5
Post found in /worldnews and /SocialistEconomics.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]
UNITED NATIONS - A report issued on the eve of the first major U.N. conference on water in over 45 years says 26% of the world's population doesn't have access to safe drinking water and 46% lacks access to basic sanitation.
The U.N. World Water Development Report 2023, released Tuesday, painted a stark picture of the huge gap that needs to be filled to meet U.N. goals to ensure all people have access to clean water and sanitation by 2030.
With agriculture using 70% of all water globally, Connor said, irrigation for crops has to be more efficient - as it is in some countries that now use drip irrigation, which saves water.
As a result of climate change, the report said, "Seasonal water scarcity will increase in regions where it is currently abundant - such as Central Africa, East Asia and parts of South America - and worsen in regions where water is already in short supply, such as the Middle East and the Sahara in Africa."
On average, "10% of the global population lives in countries with high or critical water stress" - and up to 3.5 billion people live under conditions of water stress at least one month a year, said the report issued by UNESCO, the U.N. Educational, Scientific and Cultural Organization.
These and other issues including protecting aquatic ecosystems, improving management of water resources, increasing water reuse and promoting cooperation across borders on water use will be discussed during the three-day U.N. Water Conference co-chaired by King Willem-Alexander of the Netherlands and Tajikistan's President Emomali Rahmon opening Wednesday.
Post found in /worldnews and /SocialistEconomics.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
2023.03.22 14:48 Professional_Disk131 Swarmio Media (CSE: SWRM; OTC: SWMIF; GR: U5U) Continues To Make Aggressive Inroads Into The Gaming Market
 | Swarmio Media (CSE: SWRM; OTC: SWMIF; GR: U5U) is a technology company focused on deploying its proprietary end-to-end gaming and esports platform, which enables telcos to monetize their gaming customers. submitted by Professional_Disk131 to pennystocks [link] [comments] https://preview.redd.it/nci8fsr4papa1.jpg?width=600&format=pjpg&auto=webp&s=ddac1cd881e4fa0c042a9bdb046d21e83f15bd6b And the winner is**;** "We are extremely honoured to have been recognized by the Pacific Telecommunications Council and to have won the award for Outstanding Applications Company for our Ember gaming and esports platform," commented Vijai Karthigesu, CEO of Swarmio. "To have been considered alongside such a prestigious list of finalists was an achievement. Having launched the Ember platform to millions of gamers in partnership with several of the largest telecommunications companies in the world, I look forward to sharing more developments with our shareholders in 2023." Swarmio is a small company (Market Cap CDN$10million). Fifty-two-week price range is CDN$.05 to CDN$0.90. While past performance, etc., this group is in touch with its market globally and has a history of releasing tasty partnerships where they are the value add, particularly for telcos who want to keep or at least satiate their customer user bases. Given the churn rate of telcos (10% -70 % GLOBALLY), SWRM delivers a product that slows that number as customers are tied to the gaming platform. In light of that chaotic churn rate, SWRM has carved out a niche to help telcos to retain customers by tying the unique gaming platform to the host. “Ember gives telco subscribers access to a global gaming hub where they can create communities, a detail crucial for any brands targeting gamers," said Aseef Khan, VP of Gaming & Esports at Swarmio. Swarmio will partner with telcos to deliver Ember to their large customer bases. There has already been significant interest in Ember from partners across multiple territories as they seek to engage and grow gamer subscribers." The need to keep subscribers is now paramount. Robust and adaptable gaming may be the key. Churn rates (customers switching providers) are exceptionally high in the telecom sector, averaging between 10 and 67% annually. It is estimated that 75% of the 17 to 20 million subscribers signing up with a new wireless carrier yearly are coming from another wireless provider. SWRM recently announced significant progress with its GCash relationship with owner Mynt, a subsidiary of Globe Telecom Inc, and its integration into the Ember platform. GCash is a cashless mobile banking system (wallet) that is the preferred digital wallet in the Philippines, with an average of 60 million users in the region in 2022, accounting for 83% of the adult population. GCash has been integrated into SWRM’s fintech solution ‘Swarmio Pay.’ Vinicius Esteves, Senior Vice President of Fintech for Swarmio, commented: "This is a very significant milestone for Swarmio. Giving gamers alternative payment channels is extremely important in markets such as APAC, where many gamers cannot readily access a credit card or bank account. We expect this integration to facilitate many new and recurring transactions within the Ember platform while also opening up opportunities for cross-promotion with game publishers in the future." Smartphones represent a robust growth area, particularly in the Asia-Pacific region. · Asia-Pacific is anticipated to hold the largest market share in the gaming industry, with China, Japan, and South Korea showing high potential for market growth. · The rapid growth of mini-games played within mobile apps, such as WeChat, without installing another application necessitates the expansion of China's gaming business. · Japan has been one of the prominent players in the gaming market with the rapid growth of technological adaption and the presence of many leading gaming companies, such as Sony, Nintendo, Konami, and others, for decades in the country. · Japan is witnessing many acquisitions and partnership strategies by prominent players to expand its foothold in the region. For instance, in November 2021, the Japanese publisher Sega partnered with Microsoft to form a strategic alliance to use the Microsoft Azure cloud platform to develop the Super Games platform. · Korean companies have been targeting growth opportunities by investing in other parts of the world. According to the company, the highly anticipated cross-platform game had drawn 7.46 million pre-registrations, a record in the country, trumping NCSOFT's other hit MMORPG "Lineage 2M", which drew 7.38 million users. https://preview.redd.it/t7dsrfb6papa1.jpg?width=764&format=pjpg&auto=webp&s=dfc660b6659e4e3142934c8253fd0ffb2a19a73c Bottom Line SWRM continues to make aggressive inroads into the Gaming and eSports market
The sector has long passed the guy in his basement. It has become a genre, a lifestyle for both men and women, and a huge money maker with lots of growth ahead. Pretty sure that SWRM is likely an excellent proxy to place you solidly in the 'Game.' |
2023.03.22 14:47 Professional_Disk131 Swarmio Media (CSE: SWRM; OTC: SWMIF; GR: U5U) Continues To Make Aggressive Inroads Into The Gaming Market
 | Swarmio Media (CSE: SWRM; OTC: SWMIF; GR: U5U) is a technology company focused on deploying its proprietary end-to-end gaming and esports platform, which enables telcos to monetize their gaming customers. submitted by Professional_Disk131 to OTCstockradar [link] [comments] https://preview.redd.it/6ck6djnwoapa1.jpg?width=600&format=pjpg&auto=webp&s=8a05823ce4ac2e5aa481e1d9cfdbff169441fd33 And the winner is**;** "We are extremely honoured to have been recognized by the Pacific Telecommunications https://preview.redd.it/yzv1wh9yoapa1.jpg?width=887&format=pjpg&auto=webp&s=3d82927614127c21bb6bdcd25b6bbc9b6a332bf7 Council and to have won the award for Outstanding Applications Company for our Ember gaming and esports platform," commented Vijai Karthigesu, CEO of Swarmio. "To have been considered alongside such a prestigious list of finalists was an achievement. Having launched the Ember platform to millions of gamers in partnership with several of the largest telecommunications companies in the world, I look forward to sharing more developments with our shareholders in 2023." Swarmio is a small company (Market Cap CDN$10million). Fifty-two-week price range is CDN$.05 to CDN$0.90. While past performance, etc., this group is in touch with its market globally and has a history of releasing tasty partnerships where they are the value add, particularly for telcos who want to keep or at least satiate their customer user bases. Given the churn rate of telcos (10% -70 % GLOBALLY), SWRM delivers a product that slows that number as customers are tied to the gaming platform. In light of that chaotic churn rate, SWRM has carved out a niche to help telcos to retain customers by tying the unique gaming platform to the host. “Ember gives telco subscribers access to a global gaming hub where they can create communities, a detail crucial for any brands targeting gamers," said Aseef Khan, VP of Gaming & Esports at Swarmio. Swarmio will partner with telcos to deliver Ember to their large customer bases. There has already been significant interest in Ember from partners across multiple territories as they seek to engage and grow gamer subscribers." The need to keep subscribers is now paramount. Robust and adaptable gaming may be the key. Churn rates (customers switching providers) are exceptionally high in the telecom sector, averaging between 10 and 67% annually. It is estimated that 75% of the 17 to 20 million subscribers signing up with a new wireless carrier yearly are coming from another wireless provider. SWRM recently announced significant progress with its GCash relationship with owner Mynt, a subsidiary of Globe Telecom Inc, and its integration into the Ember platform. GCash is a cashless mobile banking system (wallet) that is the preferred digital wallet in the Philippines, with an average of 60 million users in the region in 2022, accounting for 83% of the adult population. GCash has been integrated into SWRM’s fintech solution ‘Swarmio Pay.’ Vinicius Esteves, Senior Vice President of Fintech for Swarmio, commented: "This is a very significant milestone for Swarmio. Giving gamers alternative payment channels is extremely important in markets such as APAC, where many gamers cannot readily access a credit card or bank account. We expect this integration to facilitate many new and recurring transactions within the Ember platform while also opening up opportunities for cross-promotion with game publishers in the future." Smartphones represent a robust growth area, particularly in the Asia-Pacific region. · Asia-Pacific is anticipated to hold the largest market share in the gaming industry, with China, Japan, and South Korea showing high potential for market growth. · The rapid growth of mini-games played within mobile apps, such as WeChat, without installing another application necessitates the expansion of China's gaming business. · Japan has been one of the prominent players in the gaming market with the rapid growth of technological adaption and the presence of many leading gaming companies, such as Sony, Nintendo, Konami, and others, for decades in the country. · Japan is witnessing many acquisitions and partnership strategies by prominent players to expand its foothold in the region. For instance, in November 2021, the Japanese publisher Sega partnered with Microsoft to form a strategic alliance to use the Microsoft Azure cloud platform to develop the Super Games platform. · Korean companies have been targeting growth opportunities by investing in other parts of the world. According to the company, the highly anticipated cross-platform game had drawn 7.46 million pre-registrations, a record in the country, trumping NCSOFT's other hit MMORPG "Lineage 2M", which drew 7.38 million users. https://preview.redd.it/6urknrf0papa1.jpg?width=764&format=pjpg&auto=webp&s=2b420da0ff0b2712ad0bed03c73e1e3ce29f0006 Bottom Line SWRM continues to make aggressive inroads into the Gaming and eSports market
The sector has long passed the guy in his basement. It has become a genre, a lifestyle for both men and women, and a huge money maker with lots of growth ahead. Pretty sure that SWRM is likely an excellent proxy to place you solidly in the 'Game.' |
2023.03.22 14:38 bex201 3rd exam attempt?
Hey guys! I've been on a ride trying to get in on a Telus Map Analyst position (currently advertised as Online Data Analyst), from UK, and after spending a while on this subreddit, I have applied and qualified as potential candidate.
When I received the mail notification that I am a qualified for it, I was given 7 days to study and take the exam. I have studied the guideline, and practiced on the sample tasks, but on my first attempt I didn't feel comfortable with the information at all, I actually felt pretty overwhelmed. I score 41% on my first attempt and the testing stopped after the 21st question. When I received the result mail (the next day) I was invited to a 2nd exam attempt.
Once again, I have taken the time to study, and this time the whole thing started to makes sense, and managed to do well on the sample tasks as well. On the exam day of the 2nd attempt, the testing has stopped after 38 questions. I did not receive an immediate result this time, and after researching on this subreddit, it was my assumption that this was a good sign, just like the fact that I managed to reach 38 questions. Unfortunately, I have received my result yesterday, and I did not pass. This time I haven't received a percentage result, nor an invite for 3rd attempt.
It's pretty surprising that I failed it the 2nd time, and unfortunately pretty frustrating because of the lack of feedback also. This time I don't know what I've done wrong, and what I should focus on.
Do you happen to know if I'll receive an invite for the 3rd attempt in the following days, or do I have to reach out to them and ask for it?
Also, does the question count matter at all? Because I also have read (in their actual guiding materials) that they won't waste your time, and if you answer 10 questions wrong in a row, they stop the testing.
submitted by bex201 to TELUSinternational [link] [comments]
When I received the mail notification that I am a qualified for it, I was given 7 days to study and take the exam. I have studied the guideline, and practiced on the sample tasks, but on my first attempt I didn't feel comfortable with the information at all, I actually felt pretty overwhelmed. I score 41% on my first attempt and the testing stopped after the 21st question. When I received the result mail (the next day) I was invited to a 2nd exam attempt.
Once again, I have taken the time to study, and this time the whole thing started to makes sense, and managed to do well on the sample tasks as well. On the exam day of the 2nd attempt, the testing has stopped after 38 questions. I did not receive an immediate result this time, and after researching on this subreddit, it was my assumption that this was a good sign, just like the fact that I managed to reach 38 questions. Unfortunately, I have received my result yesterday, and I did not pass. This time I haven't received a percentage result, nor an invite for 3rd attempt.
It's pretty surprising that I failed it the 2nd time, and unfortunately pretty frustrating because of the lack of feedback also. This time I don't know what I've done wrong, and what I should focus on.
Do you happen to know if I'll receive an invite for the 3rd attempt in the following days, or do I have to reach out to them and ask for it?
Also, does the question count matter at all? Because I also have read (in their actual guiding materials) that they won't waste your time, and if you answer 10 questions wrong in a row, they stop the testing.
2023.03.22 14:38 kangaroosoap Why do some of you recycle exams?
In my small STEM school, every sorority, fraternity, and sports team has a Google Drive folder with copies of old exams, homework, and projects. If you aren’t part of one of those groups or close friends with a member, you are out of luck. However, more than half of the grade is a member of either Greek Life or an athletic team, meaning more than half of the students have abundant study (or in this case, cheating) material.
I would have no issue with this since it is just extra study material if new exams were made. However, one of my classes directly recycled our first exam from one a few years prior, and only changed a few numbers. This was extremely unfair to students like myself who didn’t have access to those Google Drive folders, and the class average was skewed as a result. I got below average despite studying for a long time, and over half of the class skated by.
I spoke to my professor about the exam, how I studied for hours on end, and asked if she could post practice exams (like other professors do) for us to use. She said she doesn’t do that because it “facilitates cheating”.
I honestly don’t understand how a professor can run a class like this. It puts students like myself at a disadvantage for doing the right thing and actually trying to understand the material, and allows students who happen to be members of certain groups to excel without any effort. My only rationale would be she doesn’t know about the Google Drive folders… but I don’t want to label her as naive. As someone who takes so much pride in her class and what she teaches us, I find it really hard to believe she would be okay with any of this if she knew about it. At the same time, all my other professors make new exams and upload former ones to practice with so this isn’t an issue.
I’m not sure what to do. I don’t want to be seen as “that kid” who is trying to tattle on over half of my peers, but from our personal conversations she seems to place all the blame on me and is just telling me to be more “thorough” when taking my exam and to study more. Should I say something, befriend an athlete or Greek Life member, or do nothing and continue to perform below average in a class that is 4 credits and not even a major-specific (but required) course? As a professor, if you recycle tests, how do you go about doing so? Is what my professor is doing common?
Thanks for your insight!!
submitted by kangaroosoap to AskProfessors [link] [comments]
I would have no issue with this since it is just extra study material if new exams were made. However, one of my classes directly recycled our first exam from one a few years prior, and only changed a few numbers. This was extremely unfair to students like myself who didn’t have access to those Google Drive folders, and the class average was skewed as a result. I got below average despite studying for a long time, and over half of the class skated by.
I spoke to my professor about the exam, how I studied for hours on end, and asked if she could post practice exams (like other professors do) for us to use. She said she doesn’t do that because it “facilitates cheating”.
I honestly don’t understand how a professor can run a class like this. It puts students like myself at a disadvantage for doing the right thing and actually trying to understand the material, and allows students who happen to be members of certain groups to excel without any effort. My only rationale would be she doesn’t know about the Google Drive folders… but I don’t want to label her as naive. As someone who takes so much pride in her class and what she teaches us, I find it really hard to believe she would be okay with any of this if she knew about it. At the same time, all my other professors make new exams and upload former ones to practice with so this isn’t an issue.
I’m not sure what to do. I don’t want to be seen as “that kid” who is trying to tattle on over half of my peers, but from our personal conversations she seems to place all the blame on me and is just telling me to be more “thorough” when taking my exam and to study more. Should I say something, befriend an athlete or Greek Life member, or do nothing and continue to perform below average in a class that is 4 credits and not even a major-specific (but required) course? As a professor, if you recycle tests, how do you go about doing so? Is what my professor is doing common?
Thanks for your insight!!
2023.03.22 14:36 Deskust1 Failed 2nd time *Civil* (first time in 4 years)
I studied for 3 months probably over 150 hours and over 1000 practice questions between Linburg and PrepFE. Here is how I experienced the exam.
PrepFE questions are way too easy to rely on studying with. I had 800 problems solved and 40 timed practice tests taken. My last 10 i averaged between 75-95. The questions on the FE are way more difficult.
Everyone told me if I can pass Linburg’s practice exams, i’d be good to go because they are more difficult than the FE. They wernt. I passed the Linburg exams with a 65-75. The FE questions were harder.
Now i’m going to buy the Islam 800 questions and the NCEES practice exams off amazon and use those as practice problems.
Anyone else have any tips besides just focusing on what I didnt do well on?
submitted by Deskust1 to FE_Exam [link] [comments]
PrepFE questions are way too easy to rely on studying with. I had 800 problems solved and 40 timed practice tests taken. My last 10 i averaged between 75-95. The questions on the FE are way more difficult.
Everyone told me if I can pass Linburg’s practice exams, i’d be good to go because they are more difficult than the FE. They wernt. I passed the Linburg exams with a 65-75. The FE questions were harder.
Now i’m going to buy the Islam 800 questions and the NCEES practice exams off amazon and use those as practice problems.
Anyone else have any tips besides just focusing on what I didnt do well on?
2023.03.22 14:33 Professional_Disk131 Tinka Resources, Likely Takeover Target amid Rising Zinc Prices (TSXV: TK, OTCQB: TKRFF)
 | submitted by Professional_Disk131 to Pennystocksv2 [link] [comments] https://preview.redd.it/xibbjjpcmapa1.png?width=413&format=png&auto=webp&s=fbb12b04706eb503d025d5d1fac3de3c218b1d8c Tinka Resources (TSXV: TK, OTCQB: TKRFF) is an exploration company that could potentially hold one of the world’s largest undeveloped zinc deposits. Indeed, the Ayawilca deposit contains up to 3B pounds of the zinc indicated category and 5.7B pounds of zinc in the inferred category and will definitely be a key player in the growing zinc demand for a greener future. Stay tuned for this undervalued stock that could provide an astonishing long-term return on investments. https://preview.redd.it/3noq8aqbmapa1.png?width=977&format=png&auto=webp&s=58008df321af2145c39b92180824030a60b0891d Company Overview The Ayawilca Zinc-Silver project, in the Pasco region of central Peru, is the company’s flagship asset. It is situated 200 kilometers northeast of Lima. Ayawilca is a carbonate replacement deposit, which is a significant type of silver, zinc, and lead economic mineralization in central Peru. By November 2021, the company had drilled 88,000 meters at the property, which was where Tinka discovered the Ayawilca Zinc Zone in 2012. Today, Ayawilca is among the largest zinc-silver resources owned by a junior company. Ayawilca has the potential to rank among the Top-10 producers of zinc worldwide, according to a Preliminary Economic Assessment dated 14 October 2021. Tinka owns 460 km2 of contiguous mining concessions in central Peru with excellent geological potential for additional discoveries, good access to water, and good access to power. The Cerro de Pasco mine, which produces copper, zinc, lead, and silver, is 40 kilometers to the northwest of the Ayawilca project, which is situated 100 kilometers south of the massive Antamina mine (copper-zinc). The project is traversed by a 220 KV power line. A PEA full of promises The PEA for the Ayawilca Zinc Zone is predicated on an underground mine operating for 14.4 years at an average daily mining rate of 8,500 tonnes. Production is anticipated to start in 2025 after 18 months of construction and commissioning for the PEA’s purposes. This initial mine plan is based on mining 43.5 million tonnes over the life of the mine (“LOM”) at a grade of 5.56% zinc, 14.5 g/t silver, and 0.20% lead. With a post-tax NPV8% of about US$785 million, the PEA shows the project to be extremely profitable at current spot zinc prices (around US$1.50 per pound). The PEA has excellent economics, with a post-tax NPV8% of US$433 million at its base case zinc price of US$1.20 per pound. The performance of the company’s ESG efforts is a top priority. Tinka is emphasizing its strong commitment to use low impact and environmentally sound solutions for tailings disposal by using dry stack tailings, 100% use of waste rock, and 40% of tailings as backfill. https://preview.redd.it/atmp74iemapa1.png?width=604&format=png&auto=webp&s=3389be4be5b002e68ecfb186c643b4fe90789b5a The company recently shared exceptional updates about the property as Hole A22–202 has returned the best drill intercept ever made at the Ayawilca project: 38.9 meters grading 20.0% zinc, including an ultra high-grade interval of 10.4 meters grading 42.0% zinc. The 2022–2023 drill program has now been expanded due to the excellent results to date, with about half of the drill holes (13) now reported of the estimated 30 holes to be completed at both South Ayawilca and West Ayawilca. https://preview.redd.it/8ovjr68gmapa1.png?width=977&format=png&auto=webp&s=04b42666c7aae0a7630134da94d2da8044b703bb Share Structure/ Financials If you are looking for an astonishing share structure, with solid investors owning a large stake leaving a small float, stop right here. Retail only have access to 27% of the share structure, and the rest is divided between institutions and insiders. Institutions gather Buenaventura (19%), Sentient Equity Partners (19%), Nexa Resources (18%), and other institutions (14%). Insiders hold a smaller stake, as it stands for 3%. The two main stake ownership occurred when Nexa and Buenaventura subscribed to a private placement in May 2022. Buenaventura purchased 9,770,669 shares, while Nexa purchased 40,792,541 common shares. The Private Placement generated gross proceeds of C$11.12 million in total. There were no commissions or finder’s fees associated with the Private Placement. The company issued 391M shares, 9M options, and no warrants. Regarding the balance sheet, the company is well funded with $9.6M in cash and cash equivalents, $8.2M in restricted cash and even better, Tinka doesn’t have any debt and low expenses ($2.2M for the year ending September 30, 2022). About the stock price, it trades around $0.17 (February 2, 2023). The stock remained relatively steady over the last 52 weeks, with its value variating from $0.12 to $0.22. A positive aspect about upside is Yahoo Finance gives a 1-year target of $1.00, brining a 488% upside considering the current price. https://preview.redd.it/r197mthhmapa1.png?width=977&format=png&auto=webp&s=f22fb3f431417fa93093ab669b003562abec70db “Tinka is thrilled to welcome Nexa as a strategic investor in the Company, joining Buenaventura and Sentient Equity Partners as our major shareholders. Nexa’s strategic investment in Tinka, and the co-investment by Buenaventura, is a strong endorsement of our globally significant Ayawilca zinc project and of Peru as an important long-term mining and investment jurisdiction. Nexa is a dominant player in the zinc business in Latin America, owning three mines and a smelting operation in central Peru in proximity to Ayawilca. The Private Placement investment highlights the potential synergies of a successful mine development at Ayawilca for all parties concerned. “ Dr. Graham Carman, President and CEO of Tinka Bottom Line Tinka Resources (TSXV: TK, OTCQB: TKRFF)’s flagship project offers significant upside. The Ayawilca deposit contains 3B pounds zinc (indicated), 5.7B pounds zinc (inferred), and is located on a prolific mining belt. The company is backed by Nexa and Buenaventura and has a strong support from the local communities. The future is bright for the company, and we could potentially imagine a buy-out as the Pre-Feasibility Study comes out further proving out the economics of the deposit. |
2023.03.22 14:32 Professional_Disk131 Tinka Resources, Likely Takeover Target amid Rising Zinc Prices (TSXV: TK, OTCQB: TKRFF)
 | submitted by Professional_Disk131 to PennyHaven [link] [comments] https://preview.redd.it/4evb3282mapa1.png?width=413&format=png&auto=webp&s=1cd55fbb3b7f594601c10629802cea1ad9208e31 Tinka Resources (TSXV: TK, OTCQB: TKRFF) is an exploration company that could potentially hold one of the world’s largest undeveloped zinc deposits. Indeed, the Ayawilca deposit contains up to 3B pounds of the zinc indicated category and 5.7B pounds of zinc in the inferred category and will definitely be a key player in the growing zinc demand for a greener future. Stay tuned for this undervalued stock that could provide an astonishing long-term return on investments. https://preview.redd.it/vte7rui3mapa1.png?width=977&format=png&auto=webp&s=854fbc47138fd383e7545f6dbe665b420647f07f Company Overview The Ayawilca Zinc-Silver project, in the Pasco region of central Peru, is the company’s flagship asset. It is situated 200 kilometers northeast of Lima. Ayawilca is a carbonate replacement deposit, which is a significant type of silver, zinc, and lead economic mineralization in central Peru. By November 2021, the company had drilled 88,000 meters at the property, which was where Tinka discovered the Ayawilca Zinc Zone in 2012. Today, Ayawilca is among the largest zinc-silver resources owned by a junior company. Ayawilca has the potential to rank among the Top-10 producers of zinc worldwide, according to a Preliminary Economic Assessment dated 14 October 2021. Tinka owns 460 km2 of contiguous mining concessions in central Peru with excellent geological potential for additional discoveries, good access to water, and good access to power. The Cerro de Pasco mine, which produces copper, zinc, lead, and silver, is 40 kilometers to the northwest of the Ayawilca project, which is situated 100 kilometers south of the massive Antamina mine (copper-zinc). The project is traversed by a 220 KV power line. A PEA full of promises The PEA for the Ayawilca Zinc Zone is predicated on an underground mine operating for 14.4 years at an average daily mining rate of 8,500 tonnes. Production is anticipated to start in 2025 after 18 months of construction and commissioning for the PEA’s purposes. This initial mine plan is based on mining 43.5 million tonnes over the life of the mine (“LOM”) at a grade of 5.56% zinc, 14.5 g/t silver, and 0.20% lead. With a post-tax NPV8% of about US$785 million, the PEA shows the project to be extremely profitable at current spot zinc prices (around US$1.50 per pound). The PEA has excellent economics, with a post-tax NPV8% of US$433 million at its base case zinc price of US$1.20 per pound. The performance of the company’s ESG efforts is a top priority. Tinka is emphasizing its strong commitment to use low impact and environmentally sound solutions for tailings disposal by using dry stack tailings, 100% use of waste rock, and 40% of tailings as backfill. https://preview.redd.it/rb82im65mapa1.png?width=604&format=png&auto=webp&s=65d93398074cacc4d4b66f42b0b53036f432449f The company recently shared exceptional updates about the property as Hole A22–202 has returned the best drill intercept ever made at the Ayawilca project: 38.9 meters grading 20.0% zinc, including an ultra high-grade interval of 10.4 meters grading 42.0% zinc. The 2022–2023 drill program has now been expanded due to the excellent results to date, with about half of the drill holes (13) now reported of the estimated 30 holes to be completed at both South Ayawilca and West Ayawilca. https://preview.redd.it/t6iuiry6mapa1.png?width=977&format=png&auto=webp&s=8642e925614ae8d6300766d8862c90644fca0cfb Share Structure/ Financials If you are looking for an astonishing share structure, with solid investors owning a large stake leaving a small float, stop right here. Retail only have access to 27% of the share structure, and the rest is divided between institutions and insiders. Institutions gather Buenaventura (19%), Sentient Equity Partners (19%), Nexa Resources (18%), and other institutions (14%). Insiders hold a smaller stake, as it stands for 3%. The two main stake ownership occurred when Nexa and Buenaventura subscribed to a private placement in May 2022. Buenaventura purchased 9,770,669 shares, while Nexa purchased 40,792,541 common shares. The Private Placement generated gross proceeds of C$11.12 million in total. There were no commissions or finder’s fees associated with the Private Placement. The company issued 391M shares, 9M options, and no warrants. Regarding the balance sheet, the company is well funded with $9.6M in cash and cash equivalents, $8.2M in restricted cash and even better, Tinka doesn’t have any debt and low expenses ($2.2M for the year ending September 30, 2022). About the stock price, it trades around $0.17 (February 2, 2023). The stock remained relatively steady over the last 52 weeks, with its value variating from $0.12 to $0.22. A positive aspect about upside is Yahoo Finance gives a 1-year target of $1.00, brining a 488% upside considering the current price. https://preview.redd.it/ad4zc1z8mapa1.png?width=977&format=png&auto=webp&s=0cc0d0d64e8037205f79b41d26a3ee6fb6574663 “Tinka is thrilled to welcome Nexa as a strategic investor in the Company, joining Buenaventura and Sentient Equity Partners as our major shareholders. Nexa’s strategic investment in Tinka, and the co-investment by Buenaventura, is a strong endorsement of our globally significant Ayawilca zinc project and of Peru as an important long-term mining and investment jurisdiction. Nexa is a dominant player in the zinc business in Latin America, owning three mines and a smelting operation in central Peru in proximity to Ayawilca. The Private Placement investment highlights the potential synergies of a successful mine development at Ayawilca for all parties concerned. “ Dr. Graham Carman, President and CEO of Tinka Bottom Line Tinka Resources (TSXV: TK, OTCQB: TKRFF)’s flagship project offers significant upside. The Ayawilca deposit contains 3B pounds zinc (indicated), 5.7B pounds zinc (inferred), and is located on a prolific mining belt. The company is backed by Nexa and Buenaventura and has a strong support from the local communities. The future is bright for the company, and we could potentially imagine a buy-out as the Pre-Feasibility Study comes out further proving out the economics of the deposit. |