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Satchu's Rich Wrap-Up
 
 
Friday 15th of January 2021
 















Lao Tzu put it “Men are born soft and supple; dead they are stiff and hard. Plants are born tender and pliant; dead, they are brittle and dry. Thus whoever is stiff and inflexible is a disciple of death''
Misc.

Lao Tzu put it “Men are born soft and supple; dead they are stiff and hard. Plants are born tender and pliant; dead, they are brittle and dry. Thus whoever is stiff and inflexible is a disciple of death. Whoever is soft and yielding is a disciple of life. The hard and stiff will be broken. The soft and supple will prevail.”

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Unsold fish are rotting on docks, seafood companies are hitting the wall, but Jacob Rees-Mogg says what matters is that fish are now ‘happier’ because they’re ‘British’ @TobyonTV
Law & Politics

The Pandemic and Political Order @ForeignAffairs @FukuyamaFrancis


Another reason for pessimism is that the positive scenarios assume some sort of rational public discourse and social learning. 

Yet the link between technocratic expertise and public policy is weaker today than in the past, when elites held more power.

The democratization of authority spurred by the digital revolution has flattened cognitive hierarchies along with other hierarchies, and political decision-making is now driven by often weaponized babble.


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04-JAN-2021 :: we are witnessing massive decline in the cognitive capacity of leadership and a steep decline in the intellectual capacity of the corpus.
Misc.

"Time is a flat circle. Everything we have done or will do we will do over and over and over again- forever."


“Making masks a culture war issue was the dumbest thing imaginable,” said an Advisor to President Trump but remember it was also a culture war issue during the Spanish Flu.

The Virus and The Economy

In 1720 Marseille allowed a ship from plague-ridden Cyprus into port, under pressure from merchants who wanted the goods and didn’t want to wait for the usual quarantine. 

More than half the population of Marseille died in the next two years



Ibn Khaldun explained the intrinsic relationship between political leadership and the management of pandemics in the pre-colonial period in his book Muqaddimah 

Historically, such pandemics had the capacity to overtake “the dynasties at the time of their senility, when they had reached the limit of their duration” and, in the process, challenged their “power and curtailed their [rulers’] influence...” 

Rulers who are only concerned with the well-being of their “inner circle and their parties” are an incurable “disease”. 

States with such rulers can get “seized by senility and the chronic disease from which [they] can hardly ever rid [themselves], for which [they] can find no cure”

Chancellor Merkel pronounced “You cannot fight the pandemic with lies and disinformation...the limits of Populism are being laid bare.”

And wherever You care to turn whether it is the US under Trump, the United Kingdom under Boris Johnson, we are witnessing massive decline in the cognitive capacity of leadership and a steep decline in the intellectual capacity of the cognitive capacity of the corpus. 

We live in an Era of gobbledygook debate, a moment of complete combustion. Just open your social media account and its a torrent of bite sized nonsense. 

This is the Achilles Heel which the Sun Tzu Maestro Xi Jinping understood and the Viral War he launched was a perfectly aimed Bullet.


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"More Republicans could have voted to impeach Trump had they not been intimidated with death threats. It's the hallmark of a cult. The focus of any cult is on its leader and his family — not its ideas." @EdwardGLuce
Law & Politics

"More Republicans could have voted to impeach Trump had they not been intimidated with death threats. That's not how an institutional party behaves. It's the hallmark of a cult. The focus of any cult is on its leader and his family — not its ideas."

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Weekly epidemiological update - 12 January 2021 @WHO
Misc.

Following two weeks of low reporting, likely due to the year-end holiday period, the overall upward trend seen in earlier weeks has resumed, with just under 5 million new cases reported last week globally. 


The number of new deaths has also shown a similar trend, with over 85 000 reported last week, an 11% increase 


All regions apart from South-East Asia showed an increase in new cases, with the Western Pacific, Africa and the Americas reporting increases of over 30%. 

The Region of the Americas accounted for 51% of all new cases and 45% of all new deaths globally in the past week. 

The European Region had a lower increase in new cases (10%), however still accounts for over a third of new cases globally. In South-East Asia, the decline in new cases and new deaths seen since the end of November 2020 continues. 

Although the Eastern Mediterranean Region is showing an 11% increase in new cases, new deaths have fallen by 9%, continuing a downward trend since a peak in mid-November. 

The African Region reported 175 000 new cases and 4300 new deaths, an increase of over 30% in new cases and new deaths, far exceeding previous peaks in July 2020. 

The Western Pacific also reported an increase of more than 30% in new cases, while the number of new deaths also rose by 14%.

In the past week, the five countries reporting the highest number of cases were the United States of America (with 1 786 773 cases, a 35% increase) 

the United Kingdom of Great Britain and Northern Ireland (417 620 cases, a 22% increase)

Brazil (313 130 cases, a 24% increase) 

the Russian Federation (165 167 cases, continuing last week’s decrease with an 12% decrease)

Germany (142 861 cases, reversing last week’s decrease with a 15% increase)

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Data from #Covid19 worldwide on January 14: + 733,461 cases in 24 hours, i.e. 93,088,325 in total @CovidTracker_fr
Misc.

Data from #Covid19 worldwide on January 14: + 733,461 cases in 24 hours, i.e. 93,088,325 in total + 14,964 deaths in 24 hours, i.e. 1,994,415 in total

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COVID-19 2wk avg case/day increase @jmlukens
Misc.



#Malawi: 678%

#Mozambique: 605%

#Zambia: 470%

#Lesotho: 443%

#Ireland: 307%

#Cuba: 168%

#Spain: 155%

#Portugal: 135%

#UAE: 126%

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CEO of Covid-19 vaccine maker @moderna_tx warned Wednesday that the coronavirus will be around “forever.” @CNBC
Misc.

Moderna CEO Stephane Bancel appeared to agree Wednesday that Covid-19 will become endemic, saying “SARS-CoV-2 is not going away.”


“We are going to live with this virus, we think, forever,” he said during a panel discussion at the JPMorgan Healthcare Conference.


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The Vaccine Story Is Another Myth
Misc.

No-one has ever produced a safe and effective vaccine against a coronavirus. Birger Sørensen, Angus Dalgleish & Andres Susrud

What if, as I fear, there will never be a vaccine. I was involved in the early stages of identifying the HIV virus as the cause of Aids. 

I remember drugs companies back then saying there would be a vaccine within around 18 months. Some 37 years on, we are still waiting. Prof ANGUS DALGLEISH @MailOnline

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And if those mutations render drugs and vaccines ineffective, which is possible, we'll be in a lot more trouble. @AliNouriPhD
Misc.

5/These are just a few of the many mutations this virus is accumulating. Every time it replicates, we give it the opportunity to mutate. And if those mutations render drugs and vaccines ineffective, which is possible, we'll be in a lot more trouble.

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1 year ago: WHO's most infamous tweet, reporting China had found "no clear evidence" of human-to-human transmission @BNODesk
Misc.

Preliminary investigations conducted by the Chinese authorities have found no clear evidence of human-to-human transmission of the novel #coronavirus (2019-nCoV) identified in #Wuhan, China.

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“If they can get you asking the wrong questions, they don't have to worry about answers.” ― Origin of the #CoronaVirus #COVID19
Misc.

“There's always more to it. This is what history consists of. It is the sum total of the things they aren't telling us.”

“A paranoid is someone who knows a little of what's going on. ”

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04-JAN-2021 :: Today only the Paid for Propagandists and Virologists and WHO will argue that there is a ''zoonotic'' origin for COVID19. There is no natural Pathway for the Evolution of COVID19.
Misc.

It is remarkable that the Propaganda is still being propagated more than a year later. There is no natural Pathway for the Evolution of COVID19.

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‘’Zoonotic’’ origin was one that was accelerated in the Laboratory.
Misc.

There is also a non negligible possibility that #COVID19 was deliberately released

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However, after sequencing the full genome for RaTG13 the lab’s sample of the virus disintegrated, he said. “I think they tried to culture it but they were unable to, so that sample, I think, has gone.”
Misc.

According to Daszak, the mine sample had been stored in Wuhan for six years. Its scientists “went back to that sample in 2020, in early January or maybe even at the end of last year, I don’t know. They tried to get full genome sequencing, which is important to find out the whole diversity of the viral genome.”

However, after sequencing the full genome for RaTG13 the lab’s sample of the virus disintegrated, he said. “I think they tried to culture it but they were unable to, so that sample, I think, has gone.”

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Currency Markets at a Glance WSJ
World Currencies



Euro 1.2137

Dollar Index 90.365

Japan Yen 103.72

Swiss Franc 0.88869

Pound 1.3671

Aussie 0.77849

India Rupee 73.0275

South Korea Won 1098.23

Brazil Real 5.1970

Egypt Pound 15.6558

South Africa Rand 15.1524

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Zambia record 1,700 #COVID19 cases yesterday above 1,215/day avg up 470% past 2wks @jmlukens
Africa



Countries w/ new record COVID-19 daily cases

#Indonesia: 11,557

#Portugal: 10,698

#UAE: 3,382

#Malaysia: 3,337

#Zambia: 1,700

#Uruguay: 1,514

#Malawi: 591

#Congo: 476

#Comoros: 234

#Eritrea: 209

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Weekly epidemiological update - 12 January 2021 The African Region reported 175 000 new cases and 4300 new deaths, an increase of over 30% in new cases and new deaths @WHO
Africa



Weekly epidemiological update - 12 January 2021 The African Region reported 175 000 new cases and 4300 new deaths, an increase of over 30% in new cases and new deaths, far exceeding previous peaks in July 2020

In the past week, the African Region reported the highest percentage increases in both cases and deaths compared to the previous week. 

Over 174 000 new cases and over 4300 deaths were reported, increases of 34% and 31% respectively. 

Cases in the Region have been increasing since mid-September 2020 but steeper increases have been observed since late November. 

The highest numbers of new cases were reported in South Africa (125 287 new cases; 211.2 new cases per 100 000 population; a 27% increase) 

Nigeria (8315 new cases; 4.0 new cases per 100 000; a 49% increase) 

Zimbabwe (6008 new cases; 40.4 new cases per 100 000; a 293% increase).

The countries reporting the highest number of new deaths in the past week were South Africa (3649 new deaths; 6.2 new deaths per 100 000; a 37% increase) 

Zimbabwe (106 new deaths; 0.7 new deaths per 100 000; a 194% increase) 

Zambia (72 new deaths; 0.4 new deaths per 100 000; a 620% increase).

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CoViD19-ΛFЯICΛ: Update: Jan 14, 2021 - 09:10 am Confirmed: 3 143 378 (+ 36625 including Sudan's backlog) Actives: 502 288 (+ 11428) @NCoVAfrica
Africa



Confirmed: 3 143 378 (+ 36625 including Sudan's backlog)

Actives: 502 288 (+ 11428)

Deaths: 75 716 (+ 1223)

Recoveries: 2 563 198 (+ 23974)

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Turning to Africa the Spinning Top
Africa

Democracy from Tanzania to Zimbabwe to Cameroon has been shredded.

We are getting closer and closer to the Virilian Tipping Point

“The revolutionary contingent attains its ideal form not in the place of production, but in the street''

Political leadership in most cases completely gerontocratic will use violence to cling onto Power but any Early Warning System would be warning a Tsunami is coming

10 NOV 14 : African youth demographic {many characterise this as a 'demographic dividend"} - which for Beautiful Blaise turned into a demographic terminator


Martin Aglo, a law student from Benin, told Reuters: “After the Arab Spring, this is the Black Spring”.We need to ask ourselves; how many people can incumbent shoot stone cold dead in such a situation – 100, 1,000, 10,000?

This is another point: there is a threshold beyond which the incumbent can’t go. Where that threshold lies will be discovered in the throes of the event.

The Event is no longer over the Horizon.

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Africa's longest-serving leaders: Via Johnson @jmollel
Africa

Africa's longest-serving leaders: Ugandans head to the polls on Thursday for an election in which President Yoweri Museveni is seeking to extend his 34-year rule by another five years.  Via Johnson

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Seychelles is struggling to pay state workers as the government faces a revenue shortfall triggered by the coronavirus pandemic @bpolitics
Africa



Seychelles is struggling to pay state workers as the government faces a revenue shortfall triggered by the coronavirus pandemic.

The Treasury ran out of cash this month as tourists, the nation’s main source of income, stayed away because of the Covid-19 disease. 

The slump in arrivals forced the government to borrow 500 million Seychellois rupees ($23.6 million) from the central bank to cover immediate expenses, according to Finance minister Naadir Hassan.

“If the finance ministry does not take measures to raise funds, we will not have money to pay wages for the next quarter,” Hassan told reporters in Victoria, the capital, on Wednesday. 

The Treasury is working “on some avenues” to enable the government to meet all of its obligations in the first quarter, he said, without providing further details.

Preliminary estimates show that government expenses for the year will amount to 12 billion rupees. Revenue in 2021 is forecast at 7.5 billion rupees, leaving the Treasury with a shortfall of 4.5 billion rupees, Hassan said.

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#Benin raised 1 billion euros split between an 11-yr tranche yielding 5.125% and a 31-yr paying 7.25%. @paulWallace123
Africa


#Benin's the first African government to enter the #Eurobond market this year. It raised 1 billion euros yesterday -- split between an 11-yr tranche yielding 5.125% and a 31-yr paying 7.25%. The market's clearly open for African issuers seen as solid.

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The Spinning Top The real challenge is the Economic Emergency.
Africa



The real challenge is the Economic Emergency.

The latest Regional Economic Outlook for Sub-Saharan Africa projects economic activity in the region to decline by 3.0% in 2020 and recover by 3.1% in 2021. @IMFNews

The IMF is so bright eyed and bushy tailed and I want some of whatever Pills they are popping.

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@SafaricomPLC closed at a Record closing High share price data
N.S.E Equities - Commercial & Services


Closing Price: 36.50

Market Capitalization: $13.294437b      

EPS:1.84

PE: 19.837

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Sasini Tea & Coffee reports FY Earnings 2020 EPS 0.07
N.S.E Equities - Agricultural



Par Value:                  1/-

Closing Price:           19.55

Total Shares Issued:          228055504.00

Market Capitalization:        4,458,485,103

EPS:             0.07 

PE:               279.28

  

Sasini PLC FY 2020 results through 30th September 2020 vs. 30th September 2019

FY Group  Revenue 4.145408b versus 2.794830b +48%

FY [Losses] Gains arising from changes in Fair Value of biological assets [47.375m] versus [5.843m]

FY Results from operating Activities 34.324m versus [392.109m]

FY Profit [Loss] before Tax 41.492m versus [361.299m]

FY Profit [Loss] for the Year 12.605m versus [337.737m]

FY Revaluation 0 versus 2.181675b

FY EPS 0.07 versus [1.39]

FY Cash and Bank Balances 593.689m versus 429.264m

Commentary 

Reduction in Admin expenses by 13%

automation projection in Tea Business fully rolled out.

Revenue +48% Cost of Sales +41%

No Dividend 

Conclusions

Reported a Big Revenue Surge and eked out a Profit.

Its all about NAV.


Sasini Plc - Results for the Year Ended 30th September 2020 @tradingroomke


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by Aly Khan Satchu (www.rich.co.ke)
 
 
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January 2021
 
 
 
 
 
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