Latest news with #DeHaas
IOL News
6 days ago
- IOL News
Dudula clinic protesters should've faced fines or sentences, says KZN violence monitor
Three women from Operation Dudula were let go with a warning after being arrested for blocking foreigners from gaining access to a clinic in Soweto recently. Despite this, the vigilante group has continued with its operation, disregarding the message from the Orlando Magistrate's Court. KwaZulu-Natal violence monitor Mary de Haas told IOL that the Operation Dudula members should have been fined or given a suspended sentence. "It goes beyond the protesters; the people who should have stopped it were the police and hospital security," De Haas said. "There should have been some sort of penalty, not just a warning." But what does a 'warning' denote? Criminologist Thabang Bogopa explained that when people are released on warning, it means that they were charged, but given free bail. "The South African Constitution allows for people to be given free bail. For example, if students are striking at a university, the best thing for them would be to be charged, released, given free bail, and a court date for them to appear in court. "This allows the state to go and gather more evidence and send in the case docket to the prosecution for a decision regarding the enrollment of the case," he said. The women's case is scheduled to return to court on September 10. However, Bogopa added that the state might struggle with witnesses.
Business Insider
05-05-2025
- Business
- Business Insider
‘Time to Up the Ante,' Says Investor About TSMC Stock
Taiwan Semiconductor Manufacturing (NYSE:TSM) is no doubt paying extra close attention to the messages coming from Washington these days. President Trump's on-again, off-again tariffs on semiconductors have thrown markets for a loop and created plenty of uncertainty for the world's largest chip foundry. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Yet, despite the political noise, TSM is powering forward. In Q1 2025, the company delivered solid results, surpassing Wall Street expectations on both fronts; revenue came in at $25.78 billion, beating estimates by ~$59 million, while EPS landed at $2.12, topping projections by $0.06. And the momentum isn't slowing. TSM's guidance for Q2 points to another impressive stretch, with projected revenues between $28.4 and $29.2 billion, marking double-digit growth from the previous quarter. Investor Bram De Haas came away from TSM's earnings call feeling much better about the company's prospects. 'TSM's confidence in doubling AI revenue this year despite the tariff chaos is a resounding vote of confidence in the strength of market demand here,' says the investor. De Haas notes that the company shared that the evolving international landscape has not let to 'any change in customer behavior' due to tariff policies. While acknowledging that this does not mean that discussions are taking place behind the scenes, the investor is latching onto this positive signal. Moreover, De Haas cites the growing demand for AI, which is expected to increase by a CAGR in the mid-40s% for the next five years. TSM is putting its money where its mouth is, explains the investor, refusing to budge from its previously stated capex guidance on the earnings call. 'This suggests management really believes in continued long-term growth, despite near-term uncertainties and potential semiconductor tariffs,' adds De Haas. Pleasantly surprised by the company's faith in its continued growth, the investor is therefore ready to jump onboard. 'The key takeaway, to me, remains the immense strength of the AI trend,' concludes De Haas. 'Even the incredible chaos introduced by the White House's trade policy, doesn't seem able to derail it.' With that, De Haas is placing his bet, assigning a Buy rating on TSM shares. (To watch Bram De Haas' track record, click here) Wall Street is also ready to up the ante on TSM. With 7 Buy and 1 Hold recommendations, TSMC enjoys a Strong Buy consensus rating. Its 12-month average price target of $219.43 implies an upside of ~22% from current levels. (See TSMC stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
