Latest news with #AndrewLee
Business Insider
13-07-2025
- Business
- Business Insider
Analysts Offer Insights on Communication Services Companies: Vodafone (VOD) and Paradox Interactive AB (OtherPRXXF)
Analysts fell to the sidelines weighing in on Vodafone (VOD – Research Report) and Paradox Interactive AB (PRXXF – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Vodafone (VOD) Goldman Sachs analyst Andrew Lee maintained a Hold rating on Vodafone on July 8 and set a price target of $10.87. The company's shares closed last Friday at $10.84. According to Lee is ranked #3931 out of 9861 analysts. Currently, the analyst consensus on Vodafone is a Hold with an average price target of $10.50. Paradox Interactive AB (PRXXF) Kepler Capital analyst Rasmus Engberg maintained a Hold rating on Paradox Interactive AB on July 11 and set a price target of SEK185.00. The company's shares closed last Monday at $20.62. Engberg has an average return of 7.9% when recommending Paradox Interactive AB. According to Engberg is ranked #617 out of 9861 analysts. Paradox Interactive AB has an analyst consensus of Moderate Buy, with a price target consensus of $21.49, which is a 4.2% upside from current levels. In a report issued on June 26, Danske Bank also downgraded the stock to Hold with a SEK190.00 price target.
Business Insider
09-07-2025
- Business
- Business Insider
Goldman Sachs Reaffirms Their Hold Rating on Vodafone (VOD)
Goldman Sachs analyst Andrew Lee maintained a Hold rating on Vodafone yesterday. The company's shares closed yesterday at p80.46. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Lee covers the Communication Services sector, focusing on stocks such as Vodafone, Liberty Global A, and 1&1 Drillisch AG. According to TipRanks, Lee has an average return of 1.8% and a 54.94% success rate on recommended stocks. In addition to Goldman Sachs, Vodafone also received a Hold from Morgan Stanley's Emmet Kelly in a report issued on July 2. However, on July 7, Deutsche Bank maintained a Buy rating on Vodafone (LSE: VOD). Based on Vodafone's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of p19.17 billion and a GAAP net loss of p5.23 billion. In comparison, last year the company earned a revenue of p21.94 billion and had a GAAP net loss of p346 million Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of VOD in relation to earlier this year.
Black America Web
07-07-2025
- Entertainment
- Black America Web
MFT: J Money Recalls Meeting His "Korean Twin" Andrew Lee
Paras Griffin Atlanta rapper J Money, known for his magnetic personality as we recently saw at Birthday Bash ATL, has clearly met his partner in rhyme when it comes to being friends and collaborating with Andrew Lee — entrepreneur, tech whiz and the acclaimed 'Crown Prince of Korea.' From similar tastes in style all the way down to personal traits, a Rush Hour -style duo was formed from the moment they first met. Thankfully, we got the 'First Name, Last Name' emcee to share that story for the latest 'My First Time.' RELATED: My First Time – AMG Twinz Remember Meeting And Touring With Future For J Money, meeting Andrew Lee wasn't just about a funny coincidence or a viral internet trend. It was about feeling an unexpected kinship—proof that connections sometimes come from the most surprising places. In that moment, two people from opposite sides of the globe realized they weren't so different after all. The impact it had on J Money even impacted him outside of their friendship, as it made him more open-minded to people, places and things outside of his Southern upbringing. J Money and Andrew Lee may just inspire a new era of global artistic collaboration and innovation, even if just for the sake of a good rap collab. The article 'MFT: J Money Recalls Meeting His 'Korean Twin' Andrew Lee' was created with the help of SEE ALSO
The Sun
19-06-2025
- Automotive
- The Sun
Call for safer, modern upgrade to East-West Highway
THE East-West Highway is a marvel of its era, serving to block off communist insurgency in the thick jungles and to shorten the distance between the northern east and west coast states. While it has served the nation for over four decades, the highway also has a reputation for being one of the most dangerous roads to drive on due to the hilly terrain, eerie darkness at night and frequent encounters with wildlife. The government has made efforts to improve safety along the highway but serious accidents involving humans and wildlife still occur from time to time. Evidence of these incidents can be seen in the damaged, often non-functioning guardrails and the occasional pothole-ridden or uneven stretches of road. It is time for the government to seriously consider constructing a new East-West Highway – one that better serves the people and provides safer passage for motorists and wildlife. The new highway could incorporate multiple viaduct sections, creating larger wildlife crossings beneath and significantly reducing the risk of human-wildlife conflicts. Additionally, a redesigned route could help straighten the current winding alignment, while integrating traffic-calming features to make the journey safer and less stressful for drivers. A good example of an effective upgrade can be seen in the improvements made to Federal Route 5 for the West Coast Expressway, where drivers can confidently travel at the designated speed limit. Malaysia has many globally renowned civil infrastructure companies with the expertise to balance wildlife preservation and road safety in large-scale projects. Regardless, Malaysian companies have proven their capabilities, having constructed highways that span nearly the entire Peninsular Malaysia, including the ongoing Pan Borneo Highway project. At present, the East-West Highway is the most viable option to travel between the northern east and west coast states. Alternative routes, such as the Second East–West Highway through Simpang Pulai and Gua Musang, are equally dangerous, while other options, like detouring through Selangor and using the East Coast Expressway, are significantly longer. It is hoped that the government will soon develop a comprehensive solution to prevent further accidents and wildlife roadkills. Andrew Lee
Business Times
18-06-2025
- Business
- Business Times
GE proposal: OCBC minority shareholders' perspective
I represent a group of OCBC shareholders. We refer to the article 'GEH, OCBC's proposals a victory of sorts for minorities who have held out, endured suspension' (BT, Jun 9) and were surprised by Ben Paul's suggestion that OCBC will move to meet Great Eastern (GE)'s minority shareholders' demands if the insurer remains listed. While Ben Paul has declared himself as a shareholder of both OCBC and GE, he seems to have ignored the need for the bank to protect the interests of its shareholders. We do not want OCBC to overpay for GE. Last year's offer at S$25.60 was already a 37 per cent premium over GE's last traded price of S$18.70. OCBC was also not buying a controlling stake in GE as it had already owned over 88 per cent in May 2024. The independent directors of GE, on the advice of an independent financial adviser (IFA), had advised minority shareholders to accept OCBC's offer, after all the factors have been considered. After the general offer last year, OCBC pulled in an additional 5 per cent or so of GE shares. This is a prudent move, and from our point of view, a smart one, made in the interests of the over 125,000 of OCBC shareholders. At OCBC's AGM this year, we applauded OCBC chairman Andrew Lee for what he said: 'We are not a small-time business where we can raise (the offer price) as we like. We have governance, we have process…The Board has exercised its fiduciary duty in keeping strictly to the process. That is the balance and prudence that we as directors of OCBC have practised.' BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up As OCBC shareholders, we are behind the bank's strategy to strengthen itself as an integrated financial services group to better synergise its businesses. As opposed to a pure banking play, an integrated financial services model will unlock more value for us over the long term. The idea of distributing GE shares to us should therefore not be entertained as it would be a senseless hollowing out of a good bank. OCBC's current exit offer for GE is clearly not its own wish. It was made at the request of GE, to help it get out of a limbo marked by months of trading suspension and repeated extensions granted by the bourse operator to find palatable solutions. It is a conditional exit offer which is different from last year's unconditional general offer. As a parent company of GE, OCBC is likely expected by regulators to help GE comply with the listing rules. The IFA to the deal, EY, has said the current offer is 'fair and reasonable', while some have continued to point out that the offer at S$30.15 per share is lower than the insurer's embedded value of S$38.08 per share as at end-2024. What has been consistently missing in the news reports is the simple fact that the embedded value depends to a significant extent on OCBC being a distributor of GE's products. A look through GE's financials will show that bancassurance accounted for more than a quarter of the insurer's total weighted new sales in FY2024. In fact, it is in OCBC shareholders' interests to start charging fair value for the exclusive use of the bank to sell the insurer's products. Make no mistake that if this nuclear option were taken, GE's embedded value would be far lower than that of S$38.08 per share. But this is an option that the bank has steered clear of then – and now. For the BT writer, it would probably make no consequential difference if GE's embedded value falls. Such would not be the case, however, for GE shareholders who do not also own OCBC shares. The writer should acknowledge that for him to push one narrative may benefit him but hurt other GE shareholders. Given the fundamentals of the situation, there really is no incentive for OCBC to up its offer last year. There is also little motivation for OCBC to make another general offer in the foreseeable future if the GE delisting fails on Jul 8. It goes without saying that the interests of the 125,000 OCBC shareholders have to be represented by OCBC, and we believe the bank has done so. More importantly, the 800 or so GE shareholders cannot expect OCBC to consider their interests alone. That is the responsibility of GE and its board. Jonathan Kuek
