Posted in improvements

Crown Crafts: Improvements Happening, But Caution Required (NASDAQ:CRWS)

Crown Craft (CRWS) came through a screen we ran where the objective was to find dividend-paying companies trading at low valuations. Crown Craft at present is trading with a P/E of 8.7 and is paying a forward dividend of $0.32, which currently equates to a yield of 5.61%. Being well above average, the dividend is a great place to start when researching the company. The reason being that the sustainability of dividend encompasses the income statement, cash flow statement as well as the balance sheet.

Suffice it to say, the holy grail of value investing is to buy companies that are undervalued and which also return plenty of the company’s cash flow to shareholders. We state this because dividends have accounted for almost half of the gains of the S&P 500 over the past century.

In saying this, Crown Craft’s dividend of $0.32 per share has been at this level

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Posted in home

Macau’s Global Gambling Crown Slips With Chinese Staying Home

(Bloomberg) — Macau casinos’ gaming revenue is expected to show only an incremental improvement for September after plunging more than 90% for five consecutive months, even after travel and visa curbs have been gradually relaxed by China.



a large long train on a steel track: The Venetian Macao resort and casino, operated by Sands China Ltd., a unit of Las Vegas Sands Corp., left, and the Galaxy Macau casino and hotel, developed by Galaxy Entertainment Group Ltd., stands in Macau, China, on Tuesday, March 3, 2020. Casinos in Macau, the Chinese territory that's the world’s biggest gambling hub, reported a record drop in gaming revenue, as they grappled with the cost of closing down their businesses for 15 days to help contain the deadly coronavirus outbreak.


© Bloomberg
The Venetian Macao resort and casino, operated by Sands China Ltd., a unit of Las Vegas Sands Corp., left, and the Galaxy Macau casino and hotel, developed by Galaxy Entertainment Group Ltd., stands in Macau, China, on Tuesday, March 3, 2020. Casinos in Macau, the Chinese territory that’s the world’s biggest gambling hub, reported a record drop in gaming revenue, as they grappled with the cost of closing down their businesses for 15 days to help contain the deadly coronavirus outbreak.

The monthly data for the world’s largest gambling enclave will be reported on Oct. 1, according to the Gaming Inspection & Coordination Bureau website.

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Gross gaming revenue,

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Posted in home

‘Dreaming’ Ganna Claims Italy’s First World Time Trial Crown On Home Soil

Filippo Ganna celebrates on the podium in his time trial world champion rainbow jersey


Marco BERTORELLO

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Filipo Ganna became Italy’s first time trial world champion on Friday by pipping Belgium’s Wout Van Aert on home soil in Imola.

Van Aert was 26 seconds behind the 24-year-old Team Ineos rider with Switzerland’s Stefan Kueng trailing by 29 seconds in third place.

Ganna’s victory just to the south of northern city Bologna adds to his successes in the individual pursuit.

“It’s a dream for me and I’m really happy. I give my personal thank you to the whole team of Italy and also for Ineos Grenadiers,” he said.

“I don’t have the words. I’ve won four rainbow jerseys on the track; this is my first in the time trial. I will celebrate with my family,” he added.

Former Tour de France champion, and Ganna’s fellow Ineos rider,

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