Latest news with #MFC
TimesLIVE
a day ago
- Business
- TimesLIVE
Orbit in the money after promotion to Premiership
After making history by earning promotion to the Betway Premiership on Wednesday, Orbit College can bet on a better financial state next season. The Rustenburg-based club beat Cape Town City 1-0 in their last PSL promotional playoff clash to raise their points at the top of the table to an unassailable eight. Orbit's playoffs rivals Casric Stars and City, who are both on two points apiece, meet next for the irrelevant last match of the round-robin contest. For Orbit, being in the elite league means the club will receive a monthly grant of R2.5m from the league. The amount is a far cry from the R500,000 the Motsepe Foundation Championship (MFC) clubs get per month. That means Orbit will go from receiving R6m per annum to R30m. Orbit are also guaranteed appearance fees in the Carling Knockout (R250,000) and Nedbank Cup (R250,000) competitions. And depending on how far they go in each competition, they stand to make a lot of money. The first prizes for the two cup competitions are R6,6m and R7m, respectively. Even better, and potentially a marketing hook for sponsorship, Orbit's promotion means they have finally gave North West a club in the Premiership after a seven-year wait. The province is home to valuable minerals, including gold and platinum, and the mining industry is thriving with several companies operating. After a decade in the ABC Motsepe League, the third tier, Orbit only earned promotion to the MFC two seasons ago. The Mswenko Boys finished second behind Durban City in the MCF to qualify for the playoffs, while Durban earned automatic promotion to the Premiership. Captain Atisang Batsi said they knew their time had come to win promotion. "We said at the beginning of the season that this is our time and we made it," Batsi told SuperSport TV after the game at Olympia Park in Rustenburg. "It means a lot to us, when we started the season, it was a little bit bad but when the season continued we became better. We are looking forward to playing in the Betway Premiership next season." With the promotion done, Orbit will start their preparations for the Premiership where they will have to strengthen the team with experienced players.
Yahoo
2 days ago
- Business
- Yahoo
Why Manulife Financial (MFC) is a Top Value Stock for the Long-Term
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum. Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks. Headquartered in Toronto, Canada, Manulife Financial Corporation was founded in 1887. Manulife is one of the three dominant life insurers within its domestic Canadian market and possesses rapidly growing operations in the U.S. and several Asian countries. Manulife reports earnings through six divisions and has five major operating divisions – Asia, Canada, U.S. Insurance and U.S. Wealth Management, and Corporate. MFC boasts a Value Style Score of A and VGM Score of B, and holds a Zacks Rank #2 (Buy) rating. Shares of Manulife Financial are trading at a forward earnings multiple of 10.7X , as well as a PEG Ratio of 1.1, a Price/Cash Flow ratio of 10.3X, and a Price/Sales ratio of 1.4X. A company's earnings performance is important for value investors as well. For fiscal 2025, six analysts revised their earnings estimate higher in the last 60 days for MFC, while the Zacks Consensus Estimate has increased $0.11 to $2.94 per share. MFC also holds an average earnings surprise of 4.1%. With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding MFC to their portfolios. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Manulife Financial Corp (MFC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
IOL News
3 days ago
- Sport
- IOL News
Orbit College deserve historic PSL promotion, says delighted coach Makhoye
Letsie Koapeng (left) runs to celebrate with Orbit College coach Pogiso Makhoye after scoring against Cape Town City on Wednesday. Photo: BackpagePix Image: BackpagePix Orbit College have completed a fairy-tale run by winning the Premier Soccer League Promotional Playoffs, earning a well-deserved spot in South Africa's top-flight Premiership next season. After narrowly missing out on automatic promotion in the Motsepe Foundation Championship (MFC) – finishing just five points behind league winners Durban City – the Rustenburg-based side made the most of their second chance in the playoffs, showing remarkable consistency and composure under pressure. Their playoff path was anything but easy. Orbit were pitted against the vastly experienced Cape Town City and a battle-hardened Casric Stars side – both accustomed to the rigours of high-stakes football. Yet despite the odds stacked against them, they relied on their strong campaign momentum and superior tactical discipline to outlast their opponents in what was essentially a sprint to the finish. Their journey was a continuation of an impressive upward trajectory after finishing ninth the previous season. Armed with a renewed sense of belief and a refreshed squad, the Mswenko Boys approached the playoffs with confidence and clear strategy, which paid off as they managed to hurdle their challenges and punch their ticket to top-tier football. An emotional Pogiso Makhoye, Orbit's long-serving coach, could barely hold back his joy after the team's final match. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Next Stay Close ✕ 'It was very difficult,' he said. 'I couldn't be with the team for the first two matches of the season because I was sick. After we drew against Durban City, I didn't think we would make it.' But Makhoye's faith never wavered. The coach, who has been at the team for over 15 years, pointed to the club's smart recruitment strategy as the catalyst for their transformation. 'The signings of Letsie Koapeng (who scored the decisive goal against Cape Town City on Wednesday), Tshepo Matsemela and Given Thibedi brought experience into the squad. We were the second-best team in the MFC, and we deserved to be here,' he continued. 'We deserved to be here, and we took Durban City toe-to-toe until the last game, and we knew that this was our moment, and we needed to promote this team.' Their promotion marks a significant moment not just for Orbit, but for the entire North West province. The club becomes the first team from the region to feature in the PSL since Platinum Stars' relegation in the 2017/18 season, bringing top-flight football back to the province after a long hiatus.
The Herald
3 days ago
- Sport
- The Herald
Orbit College graduate to Premiership and relegate Cape Town City
Orbit came into the fixture leading both City and Casric Stars by three points after their 1-0 win against Casric in Mbombela last week and knew a win would be enough to seal promotion. Orbit coach Pogiso Makhoye was full of praise for his players and said they knew this was their moment this season after they went toe-to-toe with Durban City in the MFC. 'It was difficult, I didn't prepare the team for the first two games as I was sick,' Makhoye told SuperSport TV after the game. 'I would like to thank Mpumi and Nkosana [PSL chair and Orlando Pirates owner Irvin Khoza's children] for guiding me. Those are my mentors and congratulations to them, and I'm very proud of myself because they believed in me to say, 'One day you will make history'.
TimesLIVE
4 days ago
- Sport
- TimesLIVE
Orbit College graduate to Premiership and relegate Cape Town City
Orbit College will play in the Betway Premiership next season football after securing promotion with their 1-0 playoffs win over Cape Town City at Olympia Park in Rustenburg on Wednesday. In the process, the Citizens were relegated to the Motsepe Foundation Championship (MFC), unable to retain their status in the promotion-relegation playoffs after finishing 15th in the 2024-25 Premiership. There were tears of joy after the final whistle for Orbit as they joined Durban City as the two teams from the MFC to be promoted to the Premiership to play top-flight football. Letsie Koapeng netted the only goal of the match two minutes after the break. Orbit finished the playoff mini-league with eight points after two wins and two draws. Olympia Park erupts 🥳🎉 Letsie Koapeng puts Orbit College within touching distance of #BetwayPrem promotion 👀 📺 Stream on DStv: — SuperSport Football ⚽️ (@SSFootball) June 25, 2025 Orbit came into the fixture leading both City and Casric Stars by three points after their 1-0 win against Casric in Mbombela last week and knew a win would be enough to seal promotion. Orbit coach Pogiso Makhoye was full of praise for his players and said they knew this was their moment this season after they went toe-to-toe with Durban City in the MFC. 'It was difficult, I didn't prepare the team for the first two games as I was sick,' Makhoye told SuperSport TV after the game. 'I would like to thank Mpumi and Nkosana [PSL chair and Orlando Pirates owner Irvin Khoza's children] for guiding me. Those are my mentors and congratulations to them, and I'm very proud of myself because they believed in me to say, 'One day you will make history'. Tshepo 'Jomo' Matsemela is back in the big time 🤩🙌 Look at what promotion means to the Orbit College players 👇 #SSDiski | #BetwayPrem — SuperSport Football ⚽️ (@SSFootball) June 25, 2025 'We deserve to be here because we were the second-best team in the MFC. We took Durban City toe-to-toe to the last day and we knew that this was our moment we needed to promote this team. 'And thanks to the people of Bokone Bophirima [the North West] — they were starving for [Premiership] football. 'I wanted to create a legacy even when I started with this club. It was a college team and I said one day I needed to promote it to MFC and then take it to the Premiership. And I'm happy I have delivered that to the North West people.' City interim coach Diogo Peral was disappointed with the result. 'What can we do? We had a lot of chances to put them away and we didn't do it,' he said.
