Afromedia Plc (AFROME.ng) 2013 Abridged Report

first_imgAfromedia Plc (AFROME.ng) listed on the Nigerian Stock Exchange under the Printing & Publishing sector has released it’s 2013 abridged results.For more information about Afromedia Plc (AFROME.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Afromedia Plc (AFROME.ng) company page on AfricanFinancials.Document: Afromedia Plc (AFROME.ng)  2013 abridged results.Company ProfileAfromedia Plc is a leading media solutions provider in Nigeria which primarily produces out-of-home media platforms for airport and roadside advertising. The company started in 1959 as a small service arm of West Africa Publicity (WAP) which was incorporated in 1928 as part of the parent company, United Africa Company Plc (UACL). At the time, two companies were set up; Afromedia Nigeria Plc, to handle outdoor advertising services; and Lintas Plc to handle agency work. Both companies were run as independent members of the UACL Group. Afromedia Nigeria Plc was acquired by its Nigerian management team and became Afromedia Plc in 1972. Airport structures produced by Afromedia include backlit boxes, electroluminescent structures, ultra-waves, drop-down banners and wall drapes. Roadside structures produced by Afromedia include lamp post banners, LED lamp post banners, IAT uni-poles (illuminate advertising tower) and Super 48 sheet structure light boxes. Afromedia Plc’s head office is in Ikeja, Nigeria. Afromedia Plc is listed on the Nigerian Stock Exchangelast_img read more

Eterna Plc (ETERNA.ng) HY2019 Interim Report

first_imgEterna Plc (ETERNA.ng) listed on the Nigerian Stock Exchange under the Energy sector has released it’s 2019 interim results for the half year.For more information about Eterna Plc (ETERNA.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Eterna Plc (ETERNA.ng) company page on AfricanFinancials.Document: Eterna Plc (ETERNA.ng)  2019 interim results for the half year.Company ProfileEterna Plc manufactures and sells a range of lubricants and petroleum products aswell as supplies imported fuels for the retail, industrial, agricultural, automotive, marine and energy sectors in Nigeria. The Trading division bulk imports and sells premium motor fuels and automotive gas oil, dual purpose kerosene, base oils, bitumen. low pour fuel oil and crude oil. The company has a technical trading relationship with Castrol BP, leaders in global lubricant technology and specialty chemicals. Through a distributorship agreement, Eterna Plc has exclusive rights to import and market Castrol products in Nigeria and the ECOWAS sub-region. The company has a lubes blending plant with a state-of-the-art laboratory that produces Castrol products as well as a coastal tank farm in Lagos with a capacity of 34 million litres; an aviation depot at Nnamdi Azikwe International Airport in Abuja; a coastal storage facility in Ikot Abasi and Akwa Ibon state and filling stations located in the major towns and cities of Nigeria. The business was established in 1991 as Eterna Oil & Gas Limited and re-registered as a public limited company in 1997. Its head office is in Lagos, Nigeria. Eterna Plc is listed on the Nigerian Stock Exchangelast_img read more

Forget buy-to-let, Cash ISAs and gold: I’d buy cheap FTSE 100 stocks in this market crash

first_img “This Stock Could Be Like Buying Amazon in 1997” Peter Stephens has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Simply click below to discover how you can take advantage of this. See all posts by Peter Stephens Image source: Getty Images. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.center_img Our 6 ‘Best Buys Now’ Shares Peter Stephens | Monday, 27th April, 2020 | More on: ^FTSE The FTSE 100’s recent market crash is likely to make some investors more risk-averse over the near term. As such, they may try to avoid losses on stocks by focusing their capital on other assets such as gold, Cash ISAs and buy-to-let property.However, those assets may fail to produce returns that can match those of the FTSE 100 over the long run. The index’s recovery prospects and its low valuations could lead to high total returns for investors.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Recovery potentialThe FTSE 100 has a long history of experiencing bear markets, and recovering from them. Perhaps the first major decline in its price level occurred in the 1987 market crash. That was when the index declined by over 10% in one day as part of a wider slump in stock prices.However, within two years it was trading at a higher level than before the 1987 crash. It has gone on to overcome several other bear markets, such as those of the early 2000s and the global financial crisis.As such, a recovery from the index’s present challenges seems likely over the long run. Yes, the risks facing the world economy are unprecedented and there is currently no clear end in sight. But investors who buy high-quality stocks when they trade on low valuations have historically been rewarded.Many companies will emerge from the current crisis in a stronger position relative to their peers. This could lead to impressive returns for long-term investors.Value opportunitiesOf course, not every cheap stock is worth buying. Some companies, for example, may have weak balance sheets. Or they could experience a prolonged decline in their sales and profitability.Therefore, it is crucial for investors to assess the quality of a business before buying it. That way, they can determine whether a company offers good value for money based on its price and the quality of its business model.Through purchasing a diverse range of FTSE 100 stocks now and holding them for the long run, you can generate high returns while limiting your overall risks.Relative appealLow interest rates are likely to mean that Cash ISAs offer below-inflation returns. So holding equities could be a better idea than relying on savings accounts to fund your financial future.Likewise, tax changes to buy-to-let investments may mean that the net returns available to landlords are relatively unattractive – especially since rental growth could be limited.While the gold price could move higher in the short run if investor sentiment remains weak, the precious metal is trading close to an all-time high. Therefore, as investor sentiment towards risky assets improves, its scope to deliver capital gains may be limited.As such, buying FTSE 100 shares while they are cheap could be a better means to generate impressive total returns in the long run. Forget buy-to-let, Cash ISAs and gold: I’d buy cheap FTSE 100 stocks in this market crash Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Enter Your Email Addresslast_img read more

Where next for the share prices of FTSE 100 stocks BP, GlaxoSmithKline and BT?

first_img Our 6 ‘Best Buys Now’ Shares Enter Your Email Address I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. February looks like being another packed month for company updates. Among those reporting are FTSE 100 laggards BP (LSE: BP), GlaxoSmithKline (LSE: GSK) and BT (LSE: BT.A). Could we finally see their share prices recover? Here’s my take. FTSE 100 recovery stock? Oil giant BP kicks off the new month by releasing Q4 and full-year numbers on February 2. And what a year it’s been!5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…BP’s shares tumbled like everything else back in March’s coronavirus-induced stock market crash, Despite rising 50% since the end of October, they’re still far below where they were 12 months ago. And Covid-19 might not be entirely to blame. BP’s decision to focus more on renewable energy going forward is sound, but will also take time… and lots of cash. Perhaps I should be more positive. After all, a 5.5% dividend yield isn’t to be sniffed at. Moreover, we could see a revival of oil prices in 2021 as vaccine programmes are rolled out and the global economy emerges from its enforced slumber. As such, I think a confident statement on BP’s outlook from management might see the shares recapture their mojo.Even so, it’s hard to look beyond the fact that the firm is very dependent on something beyond its control. With its substantial amount of debt, I currently consider BP a risk too far.GlaxoSmithKline Hot on the heels of BP, pharmaceutical firm GlaxoSmithKline issues its Q4 and full-year results to the market on February 3. Like its FTSE 100 peer, Glaxo has hardly impressed lately.Over the last year, the shares have fallen 20% in value. In fact, they now fetch almost exactly the same price as they did five years ago!  Investing may be a long-term endeavour but I wouldn’t begrudge any holders from feeling disgruntled, especially given how other top-tier stocks have performed in recent times.Then again, it might be argued that those invested in the company care little for what happens to the share price, at least in the short term. On the income front, Glaxo doesn’t disappoint. An expected 80p per share cash return gives a yield of 5.7% at the current share price. And unless next month brings some unexpected news, this payout looks likely to be covered sufficiently by profits.Trading at 12 times FY21 earnings, I continue to mull over snapping up GSK for my portfolio.BTBT’s recent share price performance is arguably the most depressing of all three stocks. The communications giant’s valuation has been drifting steadily lower since 2016. Last year, it underperformed the FTSE 100. Unfortunately, I’m not so sure next month’s Q3 trading update on February 4 will reverse this trend.  As an investor, I can forgive a company experiencing issues if I’m being compensated for my patience. On this front, however, BT currently disappoints. With a pension deficit to plug and further infrastructure investment required, dividends have been suspended.It’s not all bad. A P/E of just 7 times earnings suggests a huge amount of bad news is already priced in. This valuation also looks seriously cheap considering BT has the largest market share of internet broadband suppliers. Notwithstanding this, I can see the share price moving sideways even if revenues come in better than expected. Recent news that the firm faces a £600m lawsuit alongside strike action from Openreach staff, isn’t exactly the run-up to results day management will have wanted.  “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Image source: Getty Images Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.center_img Where next for the share prices of FTSE 100 stocks BP, GlaxoSmithKline and BT? Paul Summers has no position in any of the shares mentioned. The Motley Fool UK has recommended GlaxoSmithKline. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Paul Summers | Thursday, 28th January, 2021 | More on: BP BT-A GSK Simply click below to discover how you can take advantage of this. See all posts by Paul Summerslast_img read more

Tigers team for final

first_imgLATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Craig Newby and Steve BorthwickLeicester Tigers have announced their matchday squad for the Aviva Premiership Final against Saracens at Twickenham on Saturday.Tigers director of rugby Richard Cockerill includes 16 survivors of last season’s final in the squad, including back-rower Craig Newby who leads out the team at Twickenham.There is only one change of personnel in the starting XV from the semi-final victory over Northampton Saints, with Horacio Agulla named on the wing, allowing Matt Smith to move to centre in the absence of the suspended Manu Tuilagi. UNSPECIFIED, UNDATED: In this composite photo illustration, Captains Craig Newby of Leicester Tigers and Steve Borthwick of Saracens pose ahead of the AVIVA Premiership Final, between Leicester Tigers and Saracens at Twickenham Stadium on May 28, 2011. (Photo Illustration by David Rogers/Getty Images for Aviva)center_img Leicester Tigers (v Saracens, Aviva Premiership Final, Twickenham, Saturday 3.00pm)15 Scott Hamilton14 Horacio Agulla13 Matt Smith12 Anthony Allen11 Alesana Tuilagi10 Toby Flood9 Ben Youngs1 Marcos Ayerza2 George Chuter3 Martin Castrogiovanni4 Steve Mafi5 George Skivington6 Tom Croft7 Craig Newby (c)8 Jordan CraneReplacements16 Rob Hawkins17 Boris Stankovich18 Dan Cole19 Ed Slater20 Thomas Waldrom21 James Grindal22 Jeremy Staunton23 Billy Twelvetreeslast_img read more

How Australia woke from their scrum nightmare

first_imgIn their three 2015 World Cup matches to date, Australia have won 19 scrums and lost just one (against Fiji). They have conceded a mere five scrum penalties and forced 13. Six of those came against England on Saturday evening and Stuart Lancaster had to substitute Marler before the referee sent him to the sin-bin.Golden chance: Australia’s scrum is now an attacking weapon. (Photo Getty Images) What the players say about LedesmaAustralia prop James Slipper: “Mario has a philosophy of how he wants the scrum, and it is about training on that, challenging each player to become better. It pushes the overall performance when everyone is at it. We’ve been worked hard on the scrum, but we have to keep improving as it’s such an important part of the game now.”Prop Scott Sio: “He has brought a great scrum philosophy to the team and the main thing is that everyone has bought into it as a big playing group and a collective. It’s an area that everyone has targeted for a few years now, so we knew we had to combine together to make it a strength of the team. It is steadily improving.”Scrum-half Will Genia: “The boys have been working very hard on it (scrummaging). Obviously we identified it as an area to improve on and Mario has done an exceptional job on changing their focus and their attitude. I think it’s showing on the field. There were bad times but I think moving forward we’re in the right place.” England prop Joe Marler was then penalised for not scrummaging straight, Bernard Foley kicked the three points and Australia were 20-3 up, with their foot on England’s throats.The rest is history, which English readers will prefer not to dwell upon, but the subject of Australia’s scrum is now extremely relevant to everyone with a Welsh connection, as the men in red take on the Green and Gold this Saturday (Twickenham, 4.45pm) in a match which will decide who wins Pool A.You don’t need a long memory to recall the days when Australia’s scrum was a laughing stock, so how come Moore now sees it as a serious attacking weapon?Super Mario is the key figure – no, not Nintendo’s heroic plumber, rather Argentina’s former hooker Mario Ledesma. Cheika’s mateAustralia head coach Michael Cheika gave Ledesma a call after his team had lost three of their four Tests on their 2014 tour, asking him to take over as forwards coach.What’s all the fuss about? Ledesma doesn’t know! (Photo: Getty Images)Ledesma had played 84 Tests in the Argentina front row between 1996 and 2011, a time when Argentina’s scrum was the fulcrum of their game. He and props Rodrigo Roncero and Martin Scelzo helped take the Pumas all the way to the World Cup semi-finals in 2007, while Ledesma also won France’s Top 14 title with Clermont Auvergne in 2010.After retiring from playing in 2011, he worked as scrum coach under Cheika at Stade Francais. He had a less successful time as forwards coach at Montpellier, but Cheika still rated Ledesma highly enough to add him to his Wallabies staff this year.The former Puma worked with the Waratahs during the 2015 Super Rugby season and set out his intentions for the national team ahead of the Rugby Championship.“What we are trying to do here, and I think we did it really well during the Super Rugby, is change that perception everyone has of the Australian team,” Ledesma said, in June. “If you look at most of the Australian teams throughout the competition, they were dominating in the scrums, especially the Reds. We had a really good run with the Waratahs too and I thought the Brumbies did really good. It’s just showing everybody that we’re there to scrum, and we want to contest. We want to dominate over there and we want the least amount of penalties possible and get the ref out of the picture.” Puma powerThe trademark of Argentina’s bajada – or method of scrummaging – is a co-ordinated eight-man push, with all eight forwards flexing their knees downwards in unison and exploding forward together to try to drive over the ball. Even after a few short months, the work Ledesma has done with the Australia pack has certainly wrought a monumental improvement. Great for the eight: Australia celebrate a scrum penalty v England (Photo: Getty Images). center_img From chumps to champsLedesma says Australia’s scrum is still very much a work in progress. Asked after their 2015 World Cup opener against Fiji if he was happy about their work in the tight, the 42-year-old replied: “Not necessarily in what we are doing on the field, but more in the journey we started together a couple of months ago, in getting the boys to understand that the mindset is really important in terms of the scrum and having everyone knowing what we’re doing, why we’re doing it and what the outcome should be.”He says the fact he was “15,000 miles away” when Australia’s scrum was beset by its past problems, helps him make the necessary changes. “I don’t have all those ghosts in my mind so I just started working with them and they have been great from the start so that’s all I know about Australia’s scrum and all I want to think of.”Cheika is happy with the progress Ledesma has made so far, although he emphasises that the hard work his forwards are putting in must continue. “We got beaten well in a fair few scrums last year here (at Twickenham), in a few important scrums, and we knew we had to make adjustments to our own scrum, not relying on anyone’s interpretation of scrums or relying on the opposition doing something different. Not just by developing a new tactic or some miracle but by working hard,” says the head coach.“The scrum is a very humbling part of the game. You can dominate one day and get your pants pulled down on another.”In the front line: How will Wales cope on Saturday? (Photo: Getty Images) Wales – you have been warned! LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Go back a couple of years, or even just one, and the idea of Australia opting to take a scrum when awarded a free-kick against England would have been laughable. But that’s exactly what Wallabies skipper Stephen Moore did 48 minutes into last weekend’s clash at Twickenham. last_img read more

Live TV head shave raises €400,000

first_img An estimated €400,000 has been raised for a cancer charity after Majella O’Donnell, the wife of singer Daniel O’Donnell shaved her head on live TV.Majella O’Donnell, who is suffering from cancer, started a course of chemotherapy recently and wanted to use her appearance on RTE’s Late Late Show to raise money for the Irish Cancer Society.“Our aim is to raise as much money as we can and I would love it if anyone who would like to contribute to this most worthwhile cause, could start donating today,”  Mrs O’Donnell said. Advertisement Live TV head shave raises €400,000  266 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Celebrity Ireland Research / statistics Viewers were asked to contribute €4 by text, phone with a donation or use the charity website. Initially the scale of calls caused the website to crash several times.The appeal is part of the Irish Cancer Society’s Pink Appeal which is raising money for breast cancer.  265 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 17 September 2013 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

The Skiff: February 21, 2019

first_imgTwitter Twitter Linkedin Linkedin ReddIt A fox’s tail: the story of TCU’s campus foxes + posts Life in Fort Worth Previous articleHoroscope: February 21, 2019Next articleWomen’s tennis prepares for ASU, Ohio State The Skiff RELATED ARTICLESMORE FROM AUTHOR The Skiff: Dec. 5, 2019 The Skiffhttps://www.tcu360.com/author/the-skiff/ The Skiffhttps://www.tcu360.com/author/the-skiff/ The Skiffhttps://www.tcu360.com/author/the-skiff/center_img The Skiff: Nov. 14, 2019 Welcome TCU Class of 2025 The Skiffhttps://www.tcu360.com/author/the-skiff/ The Skiff: Nov. 21, 2019 Facebook ReddIt Facebook The Skiff by TCU360TCU Box 298050Fort Worth, TX [email protected] The Skiff: Nov. 7, 2019 printFailed to fetch Error: URL to the PDF file must be on exactly the same domain as the current web page. Click here for more infoVolume 117, Issue 20: Desmond Bane’s journey from his great grandparents to his recent Big 12 award. Also: Men’s Tennis hopes to continue last season’s success into the new year, read about baseball’s ninth inning victory and how February is warrant forgiveness month in Fort Worth. The Skiff last_img read more

Hamdi Al-Bakari attacked, Bushra Al-Maqtari and Mohammed Al-Hozayfi injured

first_img Help by sharing this information March 17, 2011 – Updated on January 20, 2016 Hamdi Al-Bakari attacked, Bushra Al-Maqtari and Mohammed Al-Hozayfi injured Organisation RSF_en center_img News Pro-government thugs attacked an Al-Jazeera crew as the station’s correspondent, Hamdi Al-Bakari, was covering violence against demonstrators in the province of Taiz. Journalist, writer and activist Bushra Al-Maqtari was injured when security agents tried to disperse a sit-in in Freedom Square in the city of Taiz. Mareb Press reporter Mohammed Al-Hozayfi was also injured when anti-riot police threw stones and used teargas to disperse the protesters. last_img read more

San Diego Needs a Lot More Housing Than Planned

first_imgSubscribe Servicers Navigate the Post-Pandemic World 2 days ago San Diego Needs a Lot More Housing Than Planned  Print This Post The Best Markets For Residential Property Investors 2 days ago With housing shortages plaguing markets around the country, there’s no surprise that San Diego is similarly afflicted. As it turns out, however, “America’s Finest City” is going to need to start rolling out a lot more housing than planned in order to keep up with state mandates.As reported by PublicCEO.com, officials from throughout county convened for a meeting of the San Diego Association of Governments (SANDAG), which describes itself as “the forum for regional decision-making for the San Diego region.” At the meeting, local officials were updated on state estimates for how much new housing the region would need to produce over the next decade—and it apparently caught some attendees by surprise.According to the California state government’s estimates, the San Diego region will need to greenlight 171,685 new home permits in order to meet state housing targets between 2021 and 2028. That works out to more than 21,000 units each year for the county, which is almost three times what has been permitted during the past seven years.California’s state government is increasingly serious about those numbers. According to the California Department of Housing and Community Development (HCD), only 13 cities (2.4 percent of the total) met their full goals last year. Or, put another way, 97.6 percent of cities failed to meet their full goals. Those goals are mandated by California’s Regional Housing Needs Allocation and Housing Elements (RHNA) rules, which were implemented in 1969 and require “that all local governments (cities and counties) adequately plan to meet the housing needs of everyone in the community.” Moreover, 70 percent of California cities failed to meet their housing goals for any income level. (Counterintuitively, Beverly Hills was one of the few California cities to not only meet but well exceed their goals in 2017.)California has been exploring options to try and keep up with housing demand, including relaxing regulations about building new units near transit stops, and the topic has been a hot-button issue for the state’s candidates for governor. Still, many of the local San Diego officials at the SANDAG meeting weren’t happy about the state’s mandated housing numbers.San Diego City Councilwoman Lorie Zapf criticized environmental regulations stipulated by the California Environmental Quality Act, which Zapf said complicated and slowed the process of bringing new homes into the market. “If you could actually help streamline with CEQA reform, not allowing 15 percent of construction workers to work 100 percent of the jobs when we’re building taxpayer-funded projects, things like that would go a long way to allow … mayors from all 18 cities to actually get housing done.”“We all love building things,” said San Marcos Mayor Jim Desmond. “What you’re hearing today is the venting that we get when we’re sitting at the dais and we’re trying to let you know that it’s not as easy as [having] someone from the state [come] down here and [say], ‘You have to build all these or we will penalize you.’”HCD Director Ben Metcalf responded to the criticisms by saying, “I do hear that you are out there on the front lines trying to deal with really competing political forces, trying to do the right thing every day.”A 2016 study by the McKinsey Global Institute found that housing shortages in California cost the state between $143 billion and $233 billion annually. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / San Diego Needs a Lot More Housing Than Planned Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Government, Journal, News Previous: Builder Confidence on Firm Foundations Next: Making Mortgage Forgiveness Tax Relief Permanent Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago About Author: David Wharton California Department of Housing and Community Development California Environmental Quality Act california housing crisis Housing Demand inventory shortages Regional Housing Needs Allocation and Housing Elements san diego San Diego Association of Governments 2018-03-15 David Wharton Related Articles March 15, 2018 2,717 Views Servicers Navigate the Post-Pandemic World 2 days ago Share Save Sign up for DS News Daily Tagged with: California Department of Housing and Community Development California Environmental Quality Act california housing crisis Housing Demand inventory shortages Regional Housing Needs Allocation and Housing Elements san diego San Diego Association of Governmentslast_img read more