Analyst Skip Bayless took a dig at LeBron James and the LA Lakers following Kawhi Leonard’s latest commercial with his sponsor, New Balance. Leonard missed the entire 2021-22 NBA season after undergoing surgery for his ACL injury. The Clippers missed the playoffs, losing back-to-back games in the play-in tournament.
Bayless questioned whether LeBron and the Lakers would qualify for the play-in tournament when Kawhi Leonard returns next season. Here’s what the veteran TV analyst tweeted:
“Uh-oh, LeBron: Kawhi has a new New Balance commercial. HE’S BACK. Your town is about to be his town again. You guys think you can even make the play-in tournament next year?”
The LA Lakers-LA Clippers’ cross-town rivalry was elevated to another level when Kawhi Leonard and Paul George joined the Clippers in 2019, while Anthony Davis teamed up with LeBron James. The Clippers were championship favorites that year, but the Lakers claimed the bragging rights.
Kawhi Leonard’s LA Clippers positioned better compared to LeBron James’ LA Lakers for next season
The LA Clippers will arguably have one of the strongest and deepest rosters in the NBA next season. The return of Kawhi Leonard, a healthy Paul George and a bevy of elite role players like Norman Powell, Marcus Morris and Reggie Jackson, among others, bolsters their chances of winning their first NBA championship.
Despite Leonard missing the entire 2021-22 season and George featuring in 31 games, the Clippers finished with the seventh-best record in the league (42-40), nine games ahead of the 33-49 LA Lakers, who were comparatively healthy. Ty Lue’s men also swept their season series against LeBron James and Co.
Meanwhile, the Lakers will have to work on constructing their roster again after their dismal campaign. They broke their tried and tested championship-winning roster composition to acquire Russell Westbrook. With a lack of flexibility to surround the new big three featuring LeBron James, Anthony Davis and Westbrook, it will be an uphill task for them to add young and quality role players that can prove decisive in the absence of their stars.
The LA Lakers will have to bank on their superstars to help them achieve success next year. It hasn’t been a safe bet, though. James and Davis have been injury-prone over the last two years, while Westbrook underperformed in his first year with the team.
The Lakers hope their new head coach Darvin Ham can make an impact. However, the lack of resources and flexibility to string together a decent roster around their big three could make it difficult for the Purple and Gold to return to championship contention compared to Kawhi Leonard’s LA Clippers.
Charoen Sirivadhanabhakdi, chairman of Thai Beverage, appears with his daughter Wallapa … [+]
Frasers Property—controlled by Thai billionaire Charoen Sirivadhanabhakdi—has offered to buy Frasers Hospitality Trust (FHT) in a deal valuing the Singapore-listed real estate investment trust at S$1.35 billion ($970 million).
The offer comes as Frasers Hospitality—which manages 14 hotels and serviced residences with more than 2,600 rooms across key gateway cities in Asia, Australia and Europe—faces headwinds brought on by the Covid-19 pandemic that has upended the travel and tourism industry in the past two years. Despite improvements in occupancy levels, revenue per available room at its properties are still well below pre-pandemic levels, according to FHT.
Under the deal, which is subject to regulatory approvals, Frasers Property is offering to buy the rest of the REIT that it doesn’t own at S$0.70 per share, the real estate giant said in a regulatory filing on Monday. The Singapore-listed developer currently owns 25.8% of FHT, while Charoen’s TCC Group holds another 36.7% with minority investors owning the rest.
“Following our proactive strategic review to unlock value for our stapled securityholders and having considered the long-term challenges facing FHT, we believe that the proposed trust scheme is the best option and represents a credible opportunity for our stapled securityholders to realize their investments at an attractive valuation,” Eu Chin Fen, CEO of FHT managers, said in a statement.
While the hospitality business environment is improving as governments around the world relax Covid-19 travel restrictions, uncertainties arising from the ongoing pandemic and geopolitical tensions following Russia’s invasion of Ukraine prevail. “We anticipate the recovery trajectory to remain bumpy due to headwinds from inflationary pressures as a result of continued supply chain disruptions, rising energy, commodity and labor costs, leading to the potential risk of an economic slowdown,” Eu said in April as FHT announced its first half results ending March 31.
Frasers Property said its buyout of FHT will help the group optimize the value of its hospitality assets. “This transaction will allow FPL Group to increase its investment in hospitality assets at locations that we are already familiar with,” Loo Choo Leong, FPL Group’s chief financial officer, said. “As with all assets in our investment portfolio, FPL Group will leverage our deep understanding of FHT’s assets and adopt a rigorous and disciplined approach to drive performance.”
Charoen, 78, took control of Frasers Property—which owns about S$40 billion in residential, commercial, retail, logistics and hospitality assets across Australia, China, Europe and Southeast Asia—following his successful takeover of Fraser & Neave in 2013. He is also the controlling shareholder of Chang beer maker Thai Beverages and Bangkok-based hotel developer Asset World Corp. With a net worth of $12.7 billion, the self-made billionaire was ranked No. 3 when the list of Thailand’s 50 Richest was published in June last year.
The weighted average lease expiry across the Truganina portfolio was 6.6 years. Tenants include automotive lighting group Stedi, Goodride Tyres and building products supplier Stoddart Group.
The acquisition follows a flood of institutional capital from Singapore into Australian office, industrial and hotel assets over the past 12 months.
Last week, another real estate conglomerate, CapitaLand, acquired a major Melbourne office tower – 120 Spencer Street – for $320 million while in May Hong Kong-based investment manager Baring Private Equity Asia secured the Hilton Sydney for around $530 million, in the biggest single hotel deal in Australian history.
Also highly active has been Singapore’s sovereign wealth fund GIC, which in April acquired a half-share in listed Singaporean developer Wee Hur’s Australian student housing portfolio for $568 million.
Explaining the rationale for the acquisition, FLCT’s manager, Frasers Logistics & Commercial Asset Management, said that due to high demand for warehouse space in Melbourne’s west, the vacancy rate in the precinct had fallen below 1 per cent while rents were up 15 per cent in the past 12 months.
Despite this surge in rents, the REIT manager said that in comparison to the other eastern seaboard cities of Sydney and Brisbane, Melbourne’s west “continues to provide an attractive rental affordability proposition”.
Chief executive Robert Wallace said the Truganina properties’ smaller tenancy sizes provided an offering that targets a differentiated tenancy base, making them a “complementary fit” to FLCT’s existing industrial portfolio.
Being newly built, the properties require little near-term capital expenditure, the trust’s manager said, and have sustainability features including about 300 kilowatts of solar photovoltaic panels.
SCHROTH Safety Products is introducing its new and advanced Passenger Lap Belt Airbag at the 2022 Aircraft Interiors Expo® held in Hamburg, Germany.
— Martin Nadol, CEO, SCHROTH Safety Products
HAMBURG, GERMANY, June 14, 2022 /EINPresswire.com/ — SCHROTH Safety Products Launches Revolutionary Lap Belt Airbag for Commercial Aviation
SCHROTH Safety Products, a leading manufacturer of innovative occupant protection and restraint systems for customized applications in aerospace, defense, and motorsport, is introducing its new and advanced Passenger Lap Belt Airbag at the 2022 Aircraft Interiors Expo® held in Hamburg, Germany.
The all new SCHROTH Lap Belt Airbag System is the signature product for commercial aviation passenger restraint solutions. Building on SCHROTH’s extensive experience with inflatable passenger safety products in commercial and business aviation, the SCHROTH Lap Belt Airbag System delivers the next generation of passenger airbag solutions.
The system’s groundbreaking, patent-pending design is suitable for passenger seating applications in all commercial passenger classes. It is the ideal occupant safety solution for critical front row, exit row, and business class seats. The design meets the latest FAA and EASA rules on head impact, neck injury, head rotation, rebound, and chest acceleration, while it has been optimized for passenger comfort with a soft and comfortable packaging.
A key feature of the new product is its unique airbag shape which covers a wide spectrum of seating configurations, thus avoiding recurring design and test iterations, and substantially reducing engineering and certification costs.
“Airbag solutions are crucial to guarantee passenger safety on certain seat positions but, traditionally, their qualification has caused substantial non-recurring cost. Our innovative airbag design now allows seat manufacturers and operators to qualify their preferred LOPA with less effort and cost,” said Martin Nadol, CEO for SCHROTH Safety Products.
SCHROTH invites all Aircraft Interiors Expo® attendees to visit their stand no. 6A30 and to see the new lap belt airbag live on display.
About SCHROTH Safety Products
For more than 75 years, SCHROTH Safety Products has been a leading manufacturer of innovative occupant protection and restraint systems for customized applications in aerospace, defense, and motorsport. The company develops advanced technical solutions for leading aircraft manufacturers and operators in the field of seatbelts and restraint systems, airbag technology, and crash safety. SCHROTH Safety Products operates manufacturing and engineering facilities in Arnsberg, Germany, and in Fort Lauderdale, Florida, as well as a sales and customer support office in Shanghai, China. Please visit www.schroth.com to learn more about SCHROTH Safety Products.
# # #
Elizabeth Grace
Aerospace Marketing Group
+1 561-702-7471
email us here

-
After construction completion in October 2021, the plant underwent a thorough commissioning process and has successfully started production
-
The offtake of the entire production has been contracted to global energy company Shell for several years
-
The flagship plant will process approx. 250,000 tons of straw to produce approx. 50,000 tons of cellulosic ethanol per annum
-
The production start at this first sunliquid® cellulosic ethanol plant proves the commercial viability of Clariant’s innovative technology and with that supports the licensing business strategy
MUTTENZ, JUNE 14, 2022
Clariant, a focused, sustainable, and innovative specialty chemical company, today announced that it has produced the first commercial cellulosic ethanol at its sunliquid® production plant in Podari, Romania1. The entire offtake is contracted with a multi-year agreement to Shell, a leading global energy company. Over the last six months, the plant underwent a thorough commissioning process resulting in the successful start of production. Approximately 50,000 tons of second-generation biofuels will be derived from 250,000 tons of locally sourced agricultural residues. The cellulosic ethanol produced at this plant can be applied as a drop-in solution for fuel blending but also offers further downstream application opportunities for sustainable aviation fuel and bio-based chemicals.
“Protecting the climate is a central part of our purpose ‘Greater chemistry – between people and planet’,” said Conrad Keijzer, Chief Executive Officer at Clariant. “Biofuels and biochemicals made from agricultural waste play a crucial role, since they reduce greenhouse gas emissions. To establish their use more widely, their commercial production and availability must be increased rapidly, which is why the successful start of our sunliquid® plant in Podari is so vital.”
Building a more sustainable future is at the core of what drives Clariant to develop innovative solutions. Christian Librera, Head of Business Line Biofuels & Derivatives added: “The advanced biofuel produced by the sunliquid® technology process supports the decarbonization of the transport sector by providing up to 120 % CO2 savings compared to fossil fuel. It is particularly encouraging to see that despite the global pandemic, we have successfully managed to start production in our flagship sunliquid® cellulosic ethanol plant on schedule. This proves that Clariant’s technology is commercially deployable and accelerates our licensing business strategy. I would like to express my sincere thanks to all colleagues and partners involved.”
Shell aims to be a material, profitable supplier of sustainable advanced low-carbon fuels as part of its wider work to become a net-zero emissions energy business by 2050.
“Low-carbon fuels are essential for helping our customers to decarbonize their businesses,” said Geoff Mansfield, General Manager for Low-Carbon Fuels at Shell Trading and Supply.
The plant in Podari, Romania, is built on a 10-hectare area and employs a workforce numbering approximately 100. Contracts have been signed with more than 300 local farmers to ensure the supply of the necessary feedstock.
Learn more about our sunliquid® technology here.
¹The project receives funding from the European Union’s Seventh Framework Program for research, technological development and demonstration under Grant Agreement no. 322386 (SUNLIQUID) and from the Circular Bio-based Europe Joint Undertaking under the European Union’s Horizon 2020 research and innovation program under Grant Agreement no. 709606 (LIGNOFLAG).
CORPORATE MEDIA RELATIONS
Jochen Dubiel
Anne Maier
Ellese Caruana |
INVESTOR RELATIONS
Andreas Schwarzwälder
Maria Ivek
Alexander Kamb |
sunliquid® IS A TRADEMARK OF CLARIANT REGISTERED IN MANY COUNTRIES.
Follow us on Twitter, Facebook, LinkedIn, Instagram.
This media release contains certain statements that are neither reported financial results nor other historical information. This document also includes forward-looking statements. Because these forward-looking statements are subject to risks and uncertainties, actual future results may differ materially from those expressed in or implied by the statements. Many of these risks and uncertainties relate to factors that are beyond Clariant’s ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behavior of other market participants, the actions of governmental regulators and other risk factors such as: the timing and strength of new product offerings; pricing strategies of competitors; the Company’s ability to continue to receive adequate products from its vendors on acceptable terms, or at all, and to continue to obtain sufficient financing to meet its liquidity needs; and changes in the political, social and regulatory framework in which the Company operates or in economic or technological trends or conditions, including currency fluctuations, inflation and consumer confidence, on a global, regional or national basis. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this document. Clariant does not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date of these materials.
www.clariant.com
Clariant is a focused, sustainable and innovative specialty chemical company based in Muttenz, near Basel/Switzerland. On 31 December 2021, the company employed a total workforce of 13 374. In the financial year 2021, Clariant recorded sales of CHF 4.372 billion for its continuing businesses. The company reports in three business areas: Care Chemicals, Catalysis and Natural Resources. Clariant’s corporate strategy is led by the overarching purpose of ‘Greater chemistry – between people and planet’ and reflects the importance of connecting customer focus, innovation, sustainability, and people.
www.sunliquid.com
sunliquid® is an innovative biotechnological method for manufacturing cellulosic ethanol from agricultural residues such as cereal straw, corn stover or sugar cane bagasse. In the completely integrated process, highly optimized, raw material-specific biocatalysts decompose cellulose and hemicellulose in high yields under stable processing conditions into fermentable sugar. The process-integrated production of the biocatalysts offers flexibility and reduces production costs. In the next step, an optimized fermentation organism simultaneously converts C5 and C6 into ethanol with high yields and short reaction times. A highly optimized purification process is instrumental in enabling all the energy required for the process to be derived from the process byproducts like insoluble lignin. Since July 2012, Clariant has been operating a precommercial plant in Straubing, Germany, which produces up to 1,000 metric tons of cellulosic ethanol every year, confirming technical and economic performance. In September 2018, Clariant broke ground for its first-of-its-kind commercial facility in Podari, Romania, which is now completed. Clariant licenses its sunliquid® technology platform globally. So far, license agreements have been signed with renowned industry players in Slovakia, Poland, Bulgaria and China. |
Attachments

- After construction completion in October 2021, the plant underwent a thorough commissioning process and has successfully started production
- The offtake of the entire production has been contracted to global energy company Shell for several years
- The flagship plant will process approx. 250,000 tons of straw to produce approx. 50,000 tons of cellulosic ethanol per annum
- The production start at this first sunliquid® cellulosic ethanol plant proves the commercial viability of Clariant’s innovative technology and with that supports the licensing business strategy
MUTTENZ, JUNE 14, 2022
Clariant, a focused, sustainable, and innovative specialty chemical company, today announced that it has produced the first commercial cellulosic ethanol at its sunliquid® production plant in Podari, Romania1. The entire offtake is contracted with a multi-year agreement to Shell, a leading global energy company. Over the last six months, the plant underwent a thorough commissioning process resulting in the successful start of production. Approximately 50,000 tons of second-generation biofuels will be derived from 250,000 tons of locally sourced agricultural residues. The cellulosic ethanol produced at this plant can be applied as a drop-in solution for fuel blending but also offers further downstream application opportunities for sustainable aviation fuel and bio-based chemicals.
“Protecting the climate is a central part of our purpose ‘Greater chemistry – between people and planet’,” said Conrad Keijzer, Chief Executive Officer at Clariant. “Biofuels and biochemicals made from agricultural waste play a crucial role, since they reduce greenhouse gas emissions. To establish their use more widely, their commercial production and availability must be increased rapidly, which is why the successful start of our sunliquid® plant in Podari is so vital.”
Building a more sustainable future is at the core of what drives Clariant to develop innovative solutions. Christian Librera, Head of Business Line Biofuels & Derivatives added: “The advanced biofuel produced by the sunliquid® technology process supports the decarbonization of the transport sector by providing up to 120 % CO2 savings compared to fossil fuel. It is particularly encouraging to see that despite the global pandemic, we have successfully managed to start production in our flagship sunliquid® cellulosic ethanol plant on schedule. This proves that Clariant’s technology is commercially deployable and accelerates our licensing business strategy. I would like to express my sincere thanks to all colleagues and partners involved.”
Shell aims to be a material, profitable supplier of sustainable advanced low-carbon fuels as part of its wider work to become a net-zero emissions energy business by 2050.
“Low-carbon fuels are essential for helping our customers to decarbonize their businesses,” said Geoff Mansfield, General Manager for Low-Carbon Fuels at Shell Trading and Supply.
The plant in Podari, Romania, is built on a 10-hectare area and employs a workforce numbering approximately 100. Contracts have been signed with more than 300 local farmers to ensure the supply of the necessary feedstock.
Learn more about our sunliquid® technology here.
¹The project receives funding from the European Union’s Seventh Framework Program for research, technological development and demonstration under Grant Agreement no. 322386 (SUNLIQUID) and from the Circular Bio-based Europe Joint Undertaking under the European Union’s Horizon 2020 research and innovation program under Grant Agreement no. 709606 (LIGNOFLAG).
CORPORATE MEDIA RELATIONS
Jochen Dubiel
Anne Maier
Ellese Caruana
|
INVESTOR RELATIONS
Andreas Schwarzwälder
Maria Ivek
Alexander Kamb |
sunliquid® IS A TRADEMARK OF CLARIANT REGISTERED IN MANY COUNTRIES.
Follow us on Twitter, Facebook, LinkedIn, Instagram.
This media release contains certain statements that are neither reported financial results nor other historical information. This document also includes forward-looking statements. Because these forward-looking statements are subject to risks and uncertainties, actual future results may differ materially from those expressed in or implied by the statements. Many of these risks and uncertainties relate to factors that are beyond Clariant’s ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behavior of other market participants, the actions of governmental regulators and other risk factors such as: the timing and strength of new product offerings; pricing strategies of competitors; the Company’s ability to continue to receive adequate products from its vendors on acceptable terms, or at all, and to continue to obtain sufficient financing to meet its liquidity needs; and changes in the political, social and regulatory framework in which the Company operates or in economic or technological trends or conditions, including currency fluctuations, inflation and consumer confidence, on a global, regional or national basis. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this document. Clariant does not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date of these materials.
www.clariant.com
Clariant is a focused, sustainable and innovative specialty chemical company based in Muttenz, near Basel/Switzerland. On 31 December 2021, the company employed a total workforce of 13 374. In the financial year 2021, Clariant recorded sales of CHF 4.372 billion for its continuing businesses. The company reports in three business areas: Care Chemicals, Catalysis and Natural Resources. Clariant’s corporate strategy is led by the overarching purpose of ‘Greater chemistry – between people and planet’ and reflects the importance of connecting customer focus, innovation, sustainability, and people.
www.sunliquid.com
sunliquid® is an innovative biotechnological method for manufacturing cellulosic ethanol from agricultural residues such as cereal straw, corn stover or sugar cane bagasse. In the completely integrated process, highly optimized, raw material-specific biocatalysts decompose cellulose and hemicellulose in high yields under stable processing conditions into fermentable sugar. The process-integrated production of the biocatalysts offers flexibility and reduces production costs. In the next step, an optimized fermentation organism simultaneously converts C5 and C6 into ethanol with high yields and short reaction times. A highly optimized purification process is instrumental in enabling all the energy required for the process to be derived from the process byproducts like insoluble lignin. Since July 2012, Clariant has been operating a precommercial plant in Straubing, Germany, which produces up to 1,000 metric tons of cellulosic ethanol every year, confirming technical and economic performance. In September 2018, Clariant broke ground for its first-of-its-kind commercial facility in Podari, Romania, which is now completed. Clariant licenses its sunliquid® technology platform globally. So far, license agreements have been signed with renowned industry players in Slovakia, Poland, Bulgaria and China. |
- Clariant Media Release Production Start Podari 20220614 EN
- Clariant Media Release Production Start Podari 20220614 DE
TODAY
Legion Baseball
Danville Post 210 Speakers at Lafayette, 5:30 p.m.
Prospect League Baseball
Lafayette Aviators at Danville Dans, 6:30 p.m.
WEDNESDAY
Legion Baseball
Ford-Iroquois County at Danville Post 210 Junior Speakers, doubleheader, 6 p.m.
Prospect League Baseball
Danville Dans at Terre Haute Rex, 5:30 p.m.
ON THE AIR
TODAY
Major League Baseball
Chicago White Sox at Detroit Tigers, NBC Sports Chicago, 6 p.m.
Pittsburgh Pirates at St. Louis Cardinals, WDAN-AM 1490, Bally Sports Midwest, 6:30 p.m.
San Diego Padres at Chicago Cubs, Marquee Sports Network, 7 p.m.
Soccer
CONCACAF Nations League Soccer: United States vs. El Salvador, FS1, 9 p.m.
WEDNESDAY
Major League Baseball
Chicago White Sox at Detroit Tigers, NBC Sports Chicago, noon
Pittsburgh Pirates at St. Louis Cardinals, WDAN-AM 1490, Bally Sports Midwest, 6:30 p.m.
San Diego Padres at Chicago Cubs, Marquee Sports Network, 7 p.m.
National Hockey League
Stanley Cup Finals, Game 1: Tampa Bay Lightning at Colorado Avalanche, ABC, 7 p.m.
Philadelphia Stars vs. Pittsburgh Maulers, FS1, 6:30 p.m.
Note — some events are subject to blackout rules and regulations
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The decrease in population Illinois recorded since the 2010 Census cost the state one of its seats in the U.S. House of Representatives and cost Vermilion County voters a united voice in deciding who that representative will be.
Once the Census results are final, Illinois lawmakers — in this case, the majority Democrats —must draw new district map to reflect changes in the count. Vermilion County, whose voters all cast their ballots for the same congressional representatives for decades, will see their results split between two congressional districts.
The former 15th Illinois Congressional district now includes only the far southern part of the county. It stretches across a good part of the middle of the state except for a snake-like 13th Congressional District that starts around St. Louis and runs northeast.
As anyone with a television will know, two Republican incumbents — Mary Miller and Rodney Davis — are waging an expensive fight for their party’s nomination. Their districts were merged to create the new 15th District.
The rest of Vermilion County, roughly from just south of Westville north, will vote for candidates in the 2nd Congressional District. There, incumbent Democrat Robin Kelly from southern Cook County, whichever Republican — Shane Cultra of Onarga, Thomas Lynch of Cissna Park or Ashley Ramos of Bradley — wins the primary.
The 2022 version of the 2nd District includes a good portion of the Lake Michigan shore from north of the University of Chicago to the state line. It runs along the Illinois-Indiana state line until it reaches Vermilion County where it heads west, includes Westville, Catlin and Oakwood, but not Fairmount. It then meanders northward, bobbing west to include Rantoul and Pontiac, before angling back northeast to include Kankakee before getting back to Chicago.
The majority of voters in the district reside in Chicago, the south suburbs and around Kankakee. That weakens the volume of Vermilion County voters regardless of who wins in November.
The 2022 redistricting efforts again show why Illinois — and all states — should use a non-partisan, practical method to create legislative districts. The twists and turns of the new districts, designed to maximize the Democrats’ chances of winning, put serving the public’s interests last. Just as the Republicans did when they had the opportunity to create such maps.
Anyone knows the farmers in northern Vermilion County share few of the same interests as residents on the south side of Chicago. Yet one congressional representative will speak for them all.
Politics on the state and national levels place gaining and keeping power — and the financial benefits campaigns enjoy because of that power — as a priority. Serving the people who cast the ballots? That’s way down the list.
That doesn’t mean local voters should surrender. Voters should continue to press candidates on the need for non-partisan redistricting, and cast their ballots for those who pledge to support the change. Vermilion County being shoved into the far corners of two large congressional districts means local officials will need to work harder to be heard — or be content with the silence.
Looking at Terna Energy Societe Anonyme Commercial Technical Company’s (ATH:TENERGY ) insider transactions over the last year, we can see that insiders were net sellers. That is, there were more number of shares sold by insiders than there were purchased.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Check out our latest analysis for Terna Energy Societe Anonyme Commercial Technical
Terna Energy Societe Anonyme Commercial Technical Insider Transactions Over The Last Year
In the last twelve months, the biggest single sale by an insider was when the Executive Chairman of the Board, Goergios Peristeris, sold €8.5m worth of shares at a price of €13.00 per share. That means that even when the share price was below the current price of €17.94, an insider wanted to cash in some shares. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. However, while insider selling is sometimes discouraging, it’s only a weak signal. We note that the biggest single sale was only 5.1% of Goergios Peristeris’s holding. The only individual insider seller over the last year was Goergios Peristeris.
You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).
Insider Ownership of Terna Energy Societe Anonyme Commercial Technical
Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It’s great to see that Terna Energy Societe Anonyme Commercial Technical insiders own 17% of the company, worth about €342m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
So What Does This Data Suggest About Terna Energy Societe Anonyme Commercial Technical Insiders?
The fact that there have been no Terna Energy Societe Anonyme Commercial Technical insider transactions recently certainly doesn’t bother us. It’s great to see high levels of insider ownership, but looking back over the last year, we don’t gain confidence from the Terna Energy Societe Anonyme Commercial Technical insiders selling. So while it’s helpful to know what insiders are doing in terms of buying or selling, it’s also helpful to know the risks that a particular company is facing. For example, Terna Energy Societe Anonyme Commercial Technical has 2 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about.
If you would prefer to check out another company — one with potentially superior financials — then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
The Villages at Town Creek, a 61-unit, 244-bed townhome community in Pendleton has been sold by Georgia-based QR Capital to an undisclosed buyer, according to an announcement from CBRE.
Jaclyn Fitts, William Vonderfecht and Casey Schaefer with CBRE’s national student housing team and David Lansbury and Erika Maston with CBRE’s Southeast multifamily investment sales team arranged the transaction on behalf of the seller.
“The Villages at Town Creek offered an attractive going-in yield for investors at one of the nation’s strongest Power 5 student housing markets,” Schaefer said in the news release. “Exhibiting a long history of stable performance, the property also provided a fully entitled development opportunity for additional units. The units are some of the largest and most unique townhome floorplans in the market, differentiating the asset from its competitive set. We were thrilled to help QR complete a successful round trip.”
Built in 2010, the property is on a bus route serving Clemson University, and has averaged 97% occupancy since 2013. The Villages at Town Creek has a unit mix comprised of three-, four- and five-bedroom townhome units.
The following commercial real estate transactions were recently completed in the Upstate. For weekly updates on commercial deals, see the Hot Properties feature every Tuesday in the GSA Business Report Daily email.
Reeves Willis of Avison Young commercial real estate represented KMRT Investments LLC in the leasing of 16,000 square feet of industrial building located at 609 S. Washington Ave. in Greenville to RAS Logistics LLC.
Harry Croxton of Coldwell Banker Commercial Caine represented Five Forks Animal Hospital LLC in leasing 5,900 square feet of medical office building at 221 Batesville Road in Simpsonville, from Piedmont Ventures LLC.
Nicholas Sardone of Coldwell Banker Commercial Caine represented Halter Properties LP, the landlord, in lease renewal negotiations with Bay Laurel Center for Psychotherapy for a 2,920-square-foot office building at 110 Manly St. in Greenville.
Pete Brett and T Cox of Coldwell Banker Commercial Caine represented Bright Investments II LLC, the landlord, in lease renewal negotiations with CDI Investments LLC for a 2,700-square-foot retail space at Garlington Station, Suites H & I, 700 Garlington Road in Greenville.
T Cox of Coldwell Banker Commercial Caine represented tenant Carriage House Realty by Nick LLC in the leasing of a 432-square-foot retail space at 100 E. Washington St., Suite A, Greenville, from Jonathan A. Good LLC.
Taylor Allen, Brantley Anderson and Bailey Tollison of Colliers represented Somera Road Inc. in the sale of a 73,976-square-foot Greenville office building at 400 Brookfield Parkway to Greenville Classical Academy.
Richard Barrett of Colliers represented Peter Weisman/Kinney Hill Associates in the lease of 15,200 square feet of industrial space at 100 Corporate Center Drive in Spartanburg to Airline Hydraulics Corp.
Frank Hammond of Colliers represented MTC Federal Credit Union in leasing 9,000 square feet of office space at 201 Brookfield Parkway in Greenville.
Keith Jones and McNeil Epps of NAI Earle Furman represented the landlord, The F General Synod of the ARP Church, in leasing a 2,049-square-foot office space located at 918 S. Pleasantburg Drive in Greenville to Palomar Insurance Corp.
Shannon Caldwell of NAI Earle Furman represented the landlord, Karin Purvis, in leasing a 3,645-square-foot retail property at 1322 E. Washington St., Building A, in Greenville to Browning Studios LLC.
Shannon Caldwell of NAI Earle Furman represented the tenant, JJ&R Rentals LLC, in leasing a 1,062-square-foot retail space at 629 Augusta St. in Greenville from Rallis Holdings LLC.
Hunter Garrett and John Staunton of NAI Earle Furman represented the landlord, Martinez Garrett Nalley LLC in leasing a 78,500-square-foot industrial space at 15 Shelter Drive in Greer to Total Distribution Inc.
Brian Hammond of NAI Earle Furman represented the landlord, Walter Oates Jr., in leasing a 6,000-square-foot industrial space at 402 Mt. Pleasant Road in Spartanburg to Carelinc Medical Equipment and Supply.
Geoff Beans of NAI Earle Furman represented the landlord, Sun Management Corp, in leasing a 1,400-square-foot retail space at 1120 N. Pleasantburg Dr., Suite 306, in Greenville, to tenant Anytime Labor.
John Powell of NAI Earle Furman represented the landlord, EC Investors LLC, in leasing a 1,065-square-foot office space at 1704 E. Greenville St., Suite 2A, Anderson to Debrica Webster Realty.
Alex Campbell of NAI Earle Furman represented the landlord, Greenville Business Center LLC, in leasing a 7,200-square-foot industrial space at 150 W. Phillips Road, Suite L, Greer, to Ceres Transportation Group Inc.
Ellice Niedrach of NAI Earle Furman represented the tenant, S&A Discount Grocery Duncan LLC, in leasing a 2,200-square-foot retail space located at 700 E. Main St., Suite 6B, Duncan, from Byrnes Storage LLC.
David Sigmon and Matt Vanvick of Pintail Capital Partners represented the landlord, AML LLC in the lease of an 806-square-foot retail space at 1622 E. North St. in Greenville to tenant LolanLulu Inc.
Jeff Day and Lakin Parr of Pintail Capital Partners represented the buyer, NSC Holdings LLC in the purchase of 175 Brookshire Road, a 10,000-square-foot flex investment building in Greer, from seller ABA Equipment LLC.
Send your commercial real estate transactions to rnorton@scbiznews.com.
Reach Ross Norton at 864-720-1222.