Latest news with #JSG
Yahoo
13-05-2025
- Business
- Yahoo
James Sports Group Celebrates their "First and 10" NIL Student-Athletes
James Sports Group marks their first month of operations by signing 10 elite college and high school student-athletes for NIL opportunities. LOS ANGELES, May 13, 2025 /PRNewswire/ -- James Sports Group LLC (JSG), one of the nation's premier NIL agencies, today celebrates the completion of JSG's first month of operations with a roster of ten top collegiate and high-school student-athletes for NIL opportunities. This marks a significant milestone in the company's mission to pioneer the NIL industry by empowering student-athletes to unlock their full brand potential. "At James Sports Group, we're not just signing athletes; we're building futures by giving student-athletes the tools to turn their talent into lasting brands," said Malik "Fig" James, CEO and co-founder of JSG. "Our first signees represent the next generation of NIL success." JSG is a one-of-a-kind NIL agency building on its founder's commitment to community and football. Since 2016, James has empowered Southern California's football community when he launched Premium Sports. For nearly a decade, Premium has helped send a number of athletes to the NFL. JSG's other co-founder, Sam Yaffa, has a Wall Street background and is the chairman of The Yaffa Family Foundation, a non-profit corporation focused on the development of student-athletes and a significant contributor to programs and initiatives related to the growth and advancement of Southern California youth football. Yaffa said, "What makes JSG different is the motivation behind our team. We care about the athlete's well-being beyond the dollar signs. Our involvement in the football community through opportunities such as NIL, allows us to take a holistic approach to ensure our athletes achieve their dreams beyond the game." JSG's roster includes the following collegiate standouts for NIL opportunities: Taariq "Buddah" Al-Uqdah (Washington), T.J. Harden (SMU), Justyn Martin (Maryland), Jamari Johnson (Oregon), Kenyon Agurs (Colorado State), and Clint Stephens (New Mexico State) JSG also represents the following high school standouts for NIL opportunities: Elija Harmon (Inglewood), Andre "LO" Nickerson (Inglewood), Myels Smith (Inglewood), and Victor Santino (Bishop Montgomery). For more information on JSG or to connect with their roster for NIL opportunities, please visit or email chloe@ . Follow JSG on X (@JSGNIL) and Instagram (@JamesSportsGroup) for updates. ABOUT JAMES SPORTS GROUP James Sports Group represents aspiring student-athletes in securing NIL opportunities that help those athletes realize their full potential beyond the playing field. For more information, please visit or email chloe@ View original content to download multimedia: SOURCE James Sports Group LLC 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
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Business Standard
09-05-2025
- Business
- Business Standard
India, Chile to begin negotiations for comprehensive trade deal in May
India and Chile will hold their first round of negotiations for a Comprehensive Economic Partnership Agreement (CEPA) in New Delhi on May 26-30, aiming to significantly upgrade their bilateral trade relationship. Both sides on Thursday signed the terms of reference (ToR) for a CEPA. The mutually agreed ToR was signed by Juan Angulo, ambassador of Chile in India, and Vimal Anand, joint secretary in the Department of Commerce, as well as the Indian chief negotiator for India-Chile CEPA. The CEPA aims to build upon the existing preferential trade agreement (PTA) between the two countries and seeks to encompass a broader range of sectors, including digital services, investment promotion and cooperation, MSME, critical minerals, thereby enhancing economic integration and cooperation. India had a $1.3 billion trade deficit with Chile in 2024, with $1.1 billion exports and $2.4 billion imports. A Framework Agreement on Economic Cooperation was signed between the two countries in January 2005, followed by a PTA in March, 2006. An expanded PTA was subsequently signed in September 2016 and became effective from May 16, 2017. In April 2019, both countries agreed to pursue a further expansion of the PTA with three rounds of negotiations between the years during 2019-2021. 'To deepen their economic engagement, both sides expressed their intention to negotiate a CEPA to unlock the full potential of their trade and commercial relationship, boosting employment, facilitating investment promotion, and cooperation and exports, as suggested by the Joint Study Group (JSG) established under the Framework Agreement. The JSG report was finalised and signed on April 30, 2024,' said India's commerce department in a statement. The statement said the shared vision was reaffirmed during the recent state visit of Chile's president, Gabriel Boric Font, to India April 1-5 on an invitation from Prime Minister Narendra Modi. 'Leaders from both sides acknowledged that trade and commerce have served as a strong pillar of the bilateral relationship. They emphasised the importance of enhancing the existing trade framework to unlock new opportunities for growth. In this spirit, the two leaders acknowledged the signing of the mutually agreed Terms of Reference and welcomed the launch of negotiations for a CEPA, aiming to establish a balanced, ambitious, comprehensive, and mutually beneficial agreement for a deeper economic integration.'
Hindustan Times
09-05-2025
- Business
- Hindustan Times
India, Chile to start negotiations for free trade deal on May 26
NEW DELHI: India will start negotiations for a free trade agreement with mineral-rich Chile from May 26 in New Delhi, the commerce ministry said on Friday, a day after the two countries signed the terms of reference (ToR) for a comprehensive economic partnership agreement (CEPA). The two countries reiterated their shared vision for strengthening bilateral relations and look forward to fruitful discussion during the first round of talks during May 26-30, in New Delhi, a commerce ministry statement said on Friday. The ToR was signed by Ambassador of Chile in India Juan Angulo and commerce ministry's joint secretary Vimal Anand, who is also the chief negotiator for India-Chile CEPA negotiations representing the Indian side. Bilateral merchandise trade between India and Chile was only about $2.7 billion in 2023-24 but the two countries expect a huge jump on account of Chile's deposits of copper, lithium, and other critical minerals needed by India for industrial growth and sustainable energy transition. A government official said a free trade deal between the two countries will help India meet the demand for critical minerals. These minerals are of strategic importance for sectors such as electric mobility, renewable energy, and electronics manufacturing, he said. Indian firms are also looking at joint ventures and long-term supply agreements to establish a strong mineral supply chain. Chile is a global leader in copper and lithium production, he added. The proposed CEPA aims to build upon the existing Preferential Trade Agreement (PTA) between the two nations and seeks to encompass a broader range of sectors, including digital services, investment promotion and cooperation, micro small and medium enterprises (MSME), and critical minerals, thereby enhancing economic integration and cooperation, the commerce ministry said. India and Chile signed a framework agreement on economic cooperation in January 2005, followed by a PTA in March 2006. An expanded PTA was signed in September 2016 and became effective from May 16, 2017. In April, 2019, the two countries agreed to pursue a further expansion of the PTA with three rounds of negotiations during 2019-2021, it said. To deepen their economic engagement, both sides expressed their intention to negotiate a CEPA to unlock the full potential of their trade and commercial relationship, boosting employment, facilitating investment promotion, and cooperation and exports, as suggested by the joint study group (JSG) established under the framework agreement. The JSG report was finalised and signed on April 30, 2024, the ministry said. This shared vision was reaffirmed during the recent state visit of Chilean President Gabriel Boric Font to India on April 1-5, 2025 on an invitation from Prime Minister Narendra Modi. Chile is India's 5th largest trading partner in the Latin America and the Caribbean (LAC) region. India's exports to Chile are diversified and constitute motor vehicles, drug formulations, chemicals, products of iron and steel, man-made yarn, fabrics, cotton fabrics, garments, accessories, auto components, electric machinery, leather goods, rubber products, bulk drugs, drug intermediates, footwear of leather, iron and steel, aluminium & its product, ceramics and allied products.
India Gazette
09-05-2025
- Business
- India Gazette
India, Chile sign Terms of Reference for economic agreement; Critical minerals an important part of talks
New Delhi [India], May 9 (ANI): India and Chile took a major step forward in strengthening their economic partnership by signing the Terms of Reference (ToR) for a Comprehensive Economic Partnership Agreement (CEPA). The Ministry of Commerce & Industry said in a statement on Friday that this agreement marks a new chapter in trade relations between the two countries. The ToR was signed by Juan Angulo, Ambassador of Chile to India, and Vimal Anand, Joint Secretary in the Department of Commerce, who is also the Chief Negotiator for India-Chile CEPA from the Indian side. The signing of the ToR reflects the shared vision of both countries to deepen bilateral ties and promote economic cooperation. The Ministry said, 'India and Chile signed the Terms of Reference (ToR) for a Comprehensive Economic Partnership Agreement (CEPA) on 08 May 2025, marking a significant advancement in their bilateral trade relations'. It also added 'The CEPA aims to build upon the existing PTA between the two nations and seeks to encompass a broader range of sectors, including digital services, investment promotion and cooperation, MSME, critical minerals etc. thereby enhancing economic integration and cooperation'. The first round of CEPA negotiations is scheduled to take place from May 26 to 30, 2025, in New Delhi. Both countries expressed their commitment to working together towards a fruitful and comprehensive agreement. Critical minerals will be an important part of the CEPA discussions, as they are essential for sectors like semiconductors, electric vehicle batteries, and robotics -- all of which are gaining importance in the global economy. These efforts are expected to enhance economic integration and cooperation between the two nations. India and Chile have shared warm and cordial relations for many years. A Framework Agreement on Economic Cooperation was signed in January 2005, followed by the signing of a PTA in March 2006. The PTA was later expanded in September 2016 and came into effect in May 2017. From 2019 to 2021, both sides held three rounds of negotiations to further expand the PTA. To take their economic relationship to the next level, both countries decided to move towards a CEPA. This decision was based on the recommendations of the Joint Study Group (JSG) formed under the 2005 Framework Agreement. The JSG report was finalized and signed on April 30, 2024. The momentum for CEPA gained further support during the State visit of Chilean President Gabriel Boric Font to India from April 1 to 5, 2025, at the invitation of Prime Minister Narendra Modi. During the visit, leaders from both sides recognized the vital role of trade and commerce in their bilateral relationship. They also welcomed the launch of CEPA negotiations and stressed the importance of creating a balanced, ambitious, and mutually beneficial agreement that would unlock new opportunities for growth and cooperation. (ANI)
Yahoo
05-03-2025
- Business
- Yahoo
Johnson Service Group PLC's (LON:JSG) Intrinsic Value Is Potentially 34% Above Its Share Price
Using the 2 Stage Free Cash Flow to Equity, Johnson Service Group fair value estimate is UK£1.91 Johnson Service Group is estimated to be 25% undervalued based on current share price of UK£1.42 Analyst price target for JSG is UK£1.91 which is similar to our fair value estimate How far off is Johnson Service Group PLC (LON:JSG) from its intrinsic value? Using the most recent financial data, we'll take a look at whether the stock is fairly priced by taking the forecast future cash flows of the company and discounting them back to today's value. One way to achieve this is by employing the Discounted Cash Flow (DCF) model. It may sound complicated, but actually it is quite simple! Companies can be valued in a lot of ways, so we would point out that a DCF is not perfect for every situation. Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model. See our latest analysis for Johnson Service Group We use what is known as a 2-stage model, which simply means we have two different periods of growth rates for the company's cash flows. Generally the first stage is higher growth, and the second stage is a lower growth phase. To begin with, we have to get estimates of the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, and so the sum of these future cash flows is then discounted to today's value: 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Levered FCF (£, Millions) UK£37.9m UK£62.0m UK£55.1m UK£51.3m UK£49.1m UK£48.0m UK£47.6m UK£47.7m UK£48.0m UK£48.6m Growth Rate Estimate Source Analyst x2 Analyst x5 Analyst x1 Est @ -6.95% Est @ -4.17% Est @ -2.23% Est @ -0.87% Est @ 0.08% Est @ 0.75% Est @ 1.21% Present Value (£, Millions) Discounted @ 7.6% UK£35.2 UK£53.6 UK£44.2 UK£38.2 UK£34.1 UK£30.9 UK£28.5 UK£26.5 UK£24.8 UK£23.3 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = UK£339m The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 2.3%. We discount the terminal cash flows to today's value at a cost of equity of 7.6%. Terminal Value (TV)= FCF2034 × (1 + g) ÷ (r – g) = UK£49m× (1 + 2.3%) ÷ (7.6%– 2.3%) = UK£937m Present Value of Terminal Value (PVTV)= TV / (1 + r)10= UK£937m÷ ( 1 + 7.6%)10= UK£450m The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is UK£790m. In the final step we divide the equity value by the number of shares outstanding. Relative to the current share price of UK£1.4, the company appears a touch undervalued at a 25% discount to where the stock price trades currently. The assumptions in any calculation have a big impact on the valuation, so it is better to view this as a rough estimate, not precise down to the last cent. We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. If you don't agree with these result, have a go at the calculation yourself and play with the assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Johnson Service Group as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 7.6%, which is based on a levered beta of 1.034. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. Strength Debt is not viewed as a risk. Dividends are covered by earnings and cash flows. Weakness Earnings declined over the past year. Dividend is low compared to the top 25% of dividend payers in the Commercial Services market. Opportunity Annual earnings are forecast to grow for the next . Good value based on P/E ratio and estimated fair value. Threat Annual earnings are forecast to grow slower than the British market. Although the valuation of a company is important, it is only one of many factors that you need to assess for a company. DCF models are not the be-all and end-all of investment valuation. Preferably you'd apply different cases and assumptions and see how they would impact the company's valuation. If a company grows at a different rate, or if its cost of equity or risk free rate changes sharply, the output can look very different. What is the reason for the share price sitting below the intrinsic value? For Johnson Service Group, we've put together three important aspects you should further research: Risks: As an example, we've found 1 warning sign for Johnson Service Group that you need to consider before investing here. Future Earnings: How does JSG's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart. Other Solid Businesses: Low debt, high returns on equity and good past performance are fundamental to a strong business. Why not explore our interactive list of stocks with solid business fundamentals to see if there are other companies you may not have considered! PS. Simply Wall St updates its DCF calculation for every British stock every day, so if you want to find the intrinsic value of any other stock just search here. 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
