Latest news with #CMM
The Citizen
2 days ago
- Politics
- The Citizen
Kokstad to Vatican: Local Bishop get big job from Pope Leo XIV
Bishop Thulani Victor Mbuyisa CMM of Kokstad Diocese is among five new members ministering in Africa who have been appointed. Pope Leo XIV has appointed a South African Bishop from Kokstad in KwaZulu-Natal (KZN) to the Vatican dicastery for Institutes of Consecrated Life and the Societies of Apostolic Life (ICLSAL). Bishop Thulani Victor Mbuyisa CMM of Kokstad Diocese is among five new members ministering in Africa who have been appointed to the ICLSSAL. In the appointments made public on Tuesday by the Holy See Press Office, Pope Leo XIV appointed Cristóbal Cardinal López Romero of the Catholic Archdiocese of Rabat in Morocco, Archbishop Jude Thaddaeus Ruwa'ichi of Tanzania's Catholic Archdiocese of Dar-es-Salaam, and Bishop Mbuyisa. Biography Born in KZN in the Archdiocese of Durban in February 1973, Bishop Mbuyisa joined the Congregation of Mariannhill Missionaries (CMM) in 1992. He was ordained a CMM Priest in March 2000, appointed Local Ordinary of Kokstad in April 2022 and ordained a Bishop in June 2022. ALSO READ: Election of Pope Leo XIV a 'profound moment', says Ramaphosa 'Proud moment' The ANC said the appointment of Bishop Mabuyisa is 'a proud moment for South Africa'. 'This distinguished appointment is both a proud moment for South Africa and a recognition of Bishop Mbuyisa's deep spiritual leadership, unwavering dedication to justice, and his pastoral commitment to the upliftment of the poor and marginalised. 'His role within the Vatican's Dicastery is strategic, as it guides the global Church on matters concerning religious orders, missionary communities, and the vital role of consecrated life in society,' the ANC said. SA religious leaders The ANC said Bishop Mbuyisa's appointment affirms the global stature of South African religious leaders and reflects the 'profound contribution that African voices continue to make to the moral, ethical, and spiritual discourse shaping our world'. 'We extend our best wishes to Bishop Mbuyisa as he takes up this sacred responsibility, and we trust that he will serve with the same compassion and integrity that has long defined his ministry.' Pope Leo XIV, whose name is Cardinal Robert Francis Prevost, became the first pope from the United States in May, after cardinals from around the world elected him leader of the world's 1.4 billion Catholics. He is the 267th pope of the Catholic Church. ALSO READ: Pope Francis' will says he wants to be buried in 'simple tomb' in Rome [VIDEO]
Yahoo
02-06-2025
- Business
- Yahoo
Capricorn Metals Ltd's (ASX:CMM) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Most readers would already be aware that Capricorn Metals' (ASX:CMM) stock increased significantly by 27% over the past three months. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Specifically, we decided to study Capricorn Metals' ROE in this article. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In simpler terms, it measures the profitability of a company in relation to shareholder's equity. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Capricorn Metals is: 14% = AU$76m ÷ AU$535m (Based on the trailing twelve months to December 2024). The 'return' is the profit over the last twelve months. Another way to think of that is that for every A$1 worth of equity, the company was able to earn A$0.14 in profit. View our latest analysis for Capricorn Metals Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features. To start with, Capricorn Metals' ROE looks acceptable. Further, the company's ROE compares quite favorably to the industry average of 11%. This probably laid the ground for Capricorn Metals' significant 47% net income growth seen over the past five years. We reckon that there could also be other factors at play here. Such as - high earnings retention or an efficient management in place. As a next step, we compared Capricorn Metals' net income growth with the industry, and pleasingly, we found that the growth seen by the company is higher than the average industry growth of 20%. The basis for attaching value to a company is, to a great extent, tied to its earnings growth. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. This then helps them determine if the stock is placed for a bright or bleak future. What is CMM worth today? The intrinsic value infographic in our free research report helps visualize whether CMM is currently mispriced by the market. Given that Capricorn Metals doesn't pay any regular dividends to its shareholders, we infer that the company has been reinvesting all of its profits to grow its business. On the whole, we feel that Capricorn Metals' performance has been quite good. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a sizeable growth in its earnings. That being so, a study of the latest analyst forecasts show that the company is expected to see a slowdown in its future earnings growth. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company. 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
02-06-2025
- Business
- Yahoo
Capricorn Metals Ltd's (ASX:CMM) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Most readers would already be aware that Capricorn Metals' (ASX:CMM) stock increased significantly by 27% over the past three months. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Specifically, we decided to study Capricorn Metals' ROE in this article. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In simpler terms, it measures the profitability of a company in relation to shareholder's equity. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Capricorn Metals is: 14% = AU$76m ÷ AU$535m (Based on the trailing twelve months to December 2024). The 'return' is the profit over the last twelve months. Another way to think of that is that for every A$1 worth of equity, the company was able to earn A$0.14 in profit. View our latest analysis for Capricorn Metals Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features. To start with, Capricorn Metals' ROE looks acceptable. Further, the company's ROE compares quite favorably to the industry average of 11%. This probably laid the ground for Capricorn Metals' significant 47% net income growth seen over the past five years. We reckon that there could also be other factors at play here. Such as - high earnings retention or an efficient management in place. As a next step, we compared Capricorn Metals' net income growth with the industry, and pleasingly, we found that the growth seen by the company is higher than the average industry growth of 20%. The basis for attaching value to a company is, to a great extent, tied to its earnings growth. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. This then helps them determine if the stock is placed for a bright or bleak future. What is CMM worth today? The intrinsic value infographic in our free research report helps visualize whether CMM is currently mispriced by the market. Given that Capricorn Metals doesn't pay any regular dividends to its shareholders, we infer that the company has been reinvesting all of its profits to grow its business. On the whole, we feel that Capricorn Metals' performance has been quite good. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a sizeable growth in its earnings. That being so, a study of the latest analyst forecasts show that the company is expected to see a slowdown in its future earnings growth. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company. 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
Time Business News
30-05-2025
- Business
- Time Business News
Affordable Injection Molding
Returning to the theme of affordable injection molding, XCMachining sheds light on strategic approaches that balance cost savings with uncompromised quality. Our affordable injection molding solutions focus on intelligent design, modular tooling, and lean production practices—ideal for businesses seeking to reduce expenses without sacrificing performance. Design optimization is the first step toward affordable injection molding. Our DFM specialists work closely with clients to simplify part geometries—reducing undercuts, minimizing wall thickness variations, and standardizing rib patterns. By adopting family molds—where multiple part cavities share a common mold base—clients consolidate tooling costs and achieve higher part output per cycle. Simulations predict potential defects before mold fabrication, ensuring fewer revisions and lower overall costs. Tooling choices are critical in delivering affordable injection molding. XCMachining offers low-cost aluminum molds for short runs, enabling market testing and prototype validation at minimal investment. As volumes increase, we transition to modular steel molds featuring standardized mold bases and interchangeable cavity inserts. This modularity allows clients to update part dimensions or add new designs without investing in entirely new tooling, thus preserving capital and reducing lead times. Lean manufacturing underpins our affordable injection molding philosophy. We optimize production scheduling to minimize mold changeover times, achieving quick mold setups in under two hours. Real-time process monitoring—tracking injection pressures, temperatures, and cycle times—reduces scrap rates by catching deviations early. Bulk purchasing of common thermoplastics and leveraging long-term supplier contracts enable us to secure volume discounts—savings we pass on to our clients. Despite cost-centric strategies, XCMachining's quality assurance remains robust. All parts undergo in-line dimensional checks and periodic CMM inspections to verify compliance with specifications. Sample testing for mechanical properties—such as tensile strength and impact resistance—ensures material performance aligns with industry requirements. For clients needing documented quality records, we provide certificates of compliance and detailed inspection reports. Secondary services—including deburring, sonication, and in-mold decorating—are priced competitively by bundling these processes with molding runs. By consolidating services under one roof, we eliminate unnecessary markup from third-party vendors. Furthermore, our efficient packaging and logistics coordination reduce shipping costs and transit times. Through intelligent design, modular tooling, and lean operations, XCMachining's affordable injection molding solutions empower businesses to achieve cost savings while maintaining high-quality output. Whether launching a new product line, producing low-to-medium volume components, or seeking flexible manufacturing partnerships, our strategies deliver value without compromise. TIME BUSINESS NEWS
CTV News
22-05-2025
- Politics
- CTV News
Quebec wants to redistribute decision-making power from Montreal to suburbs
François Legault's government is going ahead with a promise from its 2018 campaign to give suburbs more power within the Communauté métropolitaine de Montréal (CMM), and away from the metropolis. Minister of Municipal Affairs Andrée Laforest tabled a bill to this effect Wednesday. The CMM groups 82 municipalities around Montreal. Its council currently has 28 seats, 14 of which are held by the metropolis. Under the bill, Montreal would hold 12 of 26 council seats and three executive committee seats out of seven (instead of four out of eight). The mayor of Montreal automatically heads the council and holds the deciding vote in case of a tie – which will not change if Bill 104 is adopted. The Legault government said the bill reflects a demographic change in the Montreal-area as the proportion of voters dropped in the metropolis and increased in suburban cities. Suburban mayors have been asking for more power in the agglomeration for years, saying it was 'undemocratic' that Montreal held the majority decision power. Laforest told journalists that she hopes the new seat distribution will push the cities to further collaborate. Montreal Mayor Valérie Plante took to social media to denounce the proposed changes, saying that in the last eight years 'Montreal has never used a deciding vote.' 'The government must explain its true motivations for changing the governance of the metropolitan region today,' she wrote on X. 'Instead of reforming democratic institutions without notice, the government would benefit from working on the fundamental issues that are concentrated in its metropolis.' Luc Rabouin, Plante's successor as head of Projet Montréal, said on Instagram that the City of Montreal always worked in collaboration with suburban cities at the CMM 'to the benefit of the entire Greater Montreal Area.' 'While we face major challenges in hospitals, schools, housing, public transit, infrastructure, the government changes democratic structures,' Rabouin said. Ensemble Montréal, the city's official opposition, said the current administration should have had more foresight. 'How did you not see this coming and what did you do to prevent it? When did you go to Quebec and make sure we didn't have this decision today?' said leader Soraya Martinez Ferrada at a news conference Wednesday. She said people are leaving Montreal because of a lack of housing, particularly single-family homes, mobility issues and affordability. She also said the metropolis is being penalized for having many non-voting residents due to higher immigration levels. Ferrada, who wants Bill 104 to be dropped, is worried Montreal's loss of voting power will include a loss of funding, which would lead to a decrease in services. 'Services aren't only for voters,' she said. Suburban mayors, however, see the sunny side of the proposed changes. 'Bill 104 marks a significant step towards more equitable governance of the metropolitan region. By recognizing the structuring role of the municipalities of the southern crown, it better reflects the current reality of Greater Montreal,' said Delson Mayor Christian Ouellette in a news release. He also said the bill will 'lay the foundation' for ongoing consultation between districts regardless of who is elected to the CMM.
