Latest news with #CWP
IOL News
22-05-2025
- Business
- IOL News
Government takes action on Community Work Programme amid national minimum wage demands
The Department of Cooperative Governance says a review is under way in the Community Work Programme after participants demanded to be paid the national minimum wage. Image: Lerato Selepe The government is reviewing its public employment initiatives, such as the Community Work Programme (CWP), as employees are demanding to be paid in terms of the national minimum wage. This has emerged from communication sent by the Department of Cooperative Governance director-general Mbulelo Tshangana, earlier this month in response to demands for the national minimum wage to be implemented in the CWP. 'The department (Cooperative Governance) is part of discussions that are led by the Department of Employment and Labour about the future of public employment programmes, which are funded through the national fiscus. 'The issue of minimum wage forms part of that review and outcomes will be communicated once such processes have been concluded,' he told CWP management, staff at site, district and provincial level, participants and financial administrators in a circular dated May 9. 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 ✕ After Tshangana approved adjustments of between 5% and 7% effective from last month, stipends for participants are set at R120 a day, while supervisors receive R144 daily. Site administrators, safety officers, district managers, financial administrators, and provincial managers can be paid between R315 and R1,500 a day. The national minimum wage is nearly double the stipend paid to each CWP participant at about R29 an hour (or R230 a day). According to the Department of Employment and Labour, workers employed in another public employment initiative, the Expanded Public Works Programme, are entitled to a minimum wage of just under R16 an hour. Delivering the Budget on Wednesday, Finance Minister Enoch Godongwana allocated the CWP R10.3 billion, of which an estimated 70% (or R7.2bn) is set aside for participants' stipends and the remainder for items such as tools and materials, protective clothing, training, professional services, and programme overheads. The Department of Cooperative Governance plans to maintain the number of CWP participants in the programme at 178,860 over the next three financial years. The CWP was set up to foster social and economic inclusion by providing individuals with a source of income in targeted high-unemployment areas. It also offers participants valuable work experience, which the government hoped could significantly increase their access to broader career opportunities when they exit the programme. Earlier this year, participants aged 60 years and above were informed that their contracts were extended for a period of four months last month to the end of July and will not be renewed. 'The last payment will therefore be (on) August 25, 2025. All participants reaching an age of 60 years will be automatically exited from the programme as from August 1, 2025, in compliance with CWP implementation policy,' Tshangana reminded them.
Yahoo
22-05-2025
- Business
- Yahoo
Here's Why We Think Cedar Woods Properties (ASX:CWP) Is Well Worth Watching
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. But the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses. Loss-making companies are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should. In contrast to all that, many investors prefer to focus on companies like Cedar Woods Properties (ASX:CWP), which has not only revenues, but also profits. Now this is not to say that the company presents the best investment opportunity around, but profitability is a key component to success in business. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Generally, companies experiencing growth in earnings per share (EPS) should see similar trends in share price. That means EPS growth is considered a real positive by most successful long-term investors. Impressively, Cedar Woods Properties has grown EPS by 29% per year, compound, in the last three years. As a general rule, we'd say that if a company can keep up that sort of growth, shareholders will be beaming. Top-line growth is a great indicator that growth is sustainable, and combined with a high earnings before interest and taxation (EBIT) margin, it's a great way for a company to maintain a competitive advantage in the market. The good news is that Cedar Woods Properties is growing revenues, and EBIT margins improved by 3.0 percentage points to 15%, over the last year. Both of which are great metrics to check off for potential growth. The chart below shows how the company's bottom and top lines have progressed over time. Click on the chart to see the exact numbers. View our latest analysis for Cedar Woods Properties In investing, as in life, the future matters more than the past. So why not check out this free interactive visualization of Cedar Woods Properties' forecast profits? Investors are always searching for a vote of confidence in the companies they hold and insider buying is one of the key indicators for optimism on the market. This view is based on the possibility that stock purchases signal bullishness on behalf of the buyer. However, insiders are sometimes wrong, and we don't know the exact thinking behind their acquisitions. Belief in the company remains high for insiders as there hasn't been a single share sold by the management or company board members. But the bigger deal is that the Founder & Chairman, William Hames, paid AU$171k to buy shares at an average price of AU$4.86. Purchases like this clue us in to the to the faith management has in the business' future. On top of the insider buying, it's good to see that Cedar Woods Properties insiders have a valuable investment in the business. To be specific, they have AU$72m worth of shares. That's a lot of money, and no small incentive to work hard. As a percentage, this totals to 14% of the shares on issue for the business, an appreciable amount considering the market cap. If you believe that share price follows earnings per share you should definitely be delving further into Cedar Woods Properties' strong EPS growth. Moreover, the management and board of the company hold a significant stake in the company, with one party adding to this total. Astute investors will want to keep this stock on watch. You still need to take note of risks, for example - Cedar Woods Properties has 3 warning signs we think you should be aware of. The good news is that Cedar Woods Properties is not the only stock with insider buying. Here's a list of small cap, undervalued companies in AU with insider buying in the last three months! Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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. 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
Yahoo
07-05-2025
- Business
- Yahoo
Is Cedar Woods Properties Limited's (ASX:CWP) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Cedar Woods Properties' (ASX:CWP) stock is up by a considerable 26% over the past month. Since the market usually pay for a company's long-term fundamentals, we decided to study the company's key performance indicators to see if they could be influencing the market. Specifically, we decided to study Cedar Woods Properties' ROE in this article. ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. Put another way, it reveals the company's success at turning shareholder investments into profits. Our free stock report includes 3 warning signs investors should be aware of before investing in Cedar Woods Properties. Read for free now. How Is ROE Calculated? The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Cedar Woods Properties is: 11% = AU$53m ÷ AU$463m (Based on the trailing twelve months to December 2024). The 'return' refers to a company's earnings over the last year. One way to conceptualize this is that for each A$1 of shareholders' capital it has, the company made A$0.11 in profit. View our latest analysis for Cedar Woods Properties What Has ROE Got To Do With Earnings Growth? So far, we've learned that ROE is a measure of a company's profitability. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. A Side By Side comparison of Cedar Woods Properties' Earnings Growth And 11% ROE At first glance, Cedar Woods Properties seems to have a decent ROE. On comparing with the average industry ROE of 6.1% the company's ROE looks pretty remarkable. This certainly adds some context to Cedar Woods Properties' decent 9.9% net income growth seen over the past five years. Next, on comparing Cedar Woods Properties' net income growth with the industry, we found that the company's reported growth is similar to the industry average growth rate of 11% over the last few years. ASX:CWP Past Earnings Growth May 7th 2025 Earnings growth is an important metric to consider when valuing a stock. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. This then helps them determine if the stock is placed for a bright or bleak future. Is CWP fairly valued? This infographic on the company's intrinsic value has everything you need to know.
Yahoo
10-03-2025
- Business
- Yahoo
Is It Time To Consider Buying Cedar Woods Properties Limited (ASX:CWP)?
Cedar Woods Properties Limited (ASX:CWP), might not be a large cap stock, but it saw its share price hover around a small range of AU$5.20 to AU$5.72 over the last few weeks. But is this actually reflective of the share value of the small-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at Cedar Woods Properties's outlook and value based on the most recent financial data to see if there are any catalysts for a price change. See our latest analysis for Cedar Woods Properties Good news, investors! Cedar Woods Properties is still a bargain right now. Our valuation model shows that the intrinsic value for the stock is A$7.40, but it is currently trading at AU$5.20 on the share market, meaning that there is still an opportunity to buy now. However, given that Cedar Woods Properties's share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us another chance to buy in the future. This is based on its high beta, which is a good indicator for share price volatility. Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. Though in the case of Cedar Woods Properties, it is expected to deliver a relatively unexciting earnings growth of 0.5%, which doesn't help build up its investment thesis. Growth doesn't appear to be a main reason for a buy decision for the company, at least in the near term. Are you a shareholder? Even though growth is relatively muted, since CWP is currently undervalued, it may be a great time to increase your holdings in the stock. However, there are also other factors such as financial health to consider, which could explain the current undervaluation. Are you a potential investor? If you've been keeping an eye on CWP for a while, now might be the time to make a leap. Its future outlook isn't fully reflected in the current share price yet, which means it's not too late to buy CWP. But before you make any investment decisions, consider other factors such as the track record of its management team, in order to make a well-informed investment decision. In light of this, if you'd like to do more analysis on the company, it's vital to be informed of the risks involved. For example, we've discovered 3 warning signs that you should run your eye over to get a better picture of Cedar Woods Properties. If you are no longer interested in Cedar Woods Properties, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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. Sign in to access your portfolio
