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HP0-Y35 exam Dumps Source : Wireless Networks - ASE 2011 Delta

Test Code : HP0-Y35
Test cognomen : Wireless Networks - ASE 2011 Delta
Vendor cognomen : HP
: 75 actual Questions

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HP0-Y35 Wireless Networks - ASE 2011 Delta

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HP0-Y35 exam Dumps Source : Wireless Networks - ASE 2011 Delta

Test Code : HP0-Y35
Test cognomen : Wireless Networks - ASE 2011 Delta
Vendor cognomen : HP
: 75 actual Questions

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Since its initial release, the Nest Thermostat has evolved, improved, and ultimately become the lone most accepted thermostat in the world. Indeed, Google confirmed Nest’s success when it acquired Nest Labs, Inc. in 2014 for $3.2 billion in cash.

Is a Nest Thermostat Worth the Money?

Brian Locker

11/04/18, 07:33 PM

In October, 2011, Tony Fadell, the former Apple designer best known as one of the creative minds accountable for the iPod, burst onto the smart home scene with the Nest Thermostat. 

A simple, sleek, round device made of aluminum and glass, the sales pitch for the Nest was a novel one for 2011:

1) A thermostat can live both stunning and effortless to use

2) It improves home power efficiency by leveraging available, relevant information, simulated intelligence, and the power of the internet

Since its initial release, the Nest Thermostat has evolved, improved, and ultimately become the lone most accepted thermostat in the world.  Indeed, Google confirmed Nest’s success when it acquired Nest Labs, Inc. in 2014 for $3.2 billion in cash.

In 2018, the question for consumers is not whether the Nest Thermostat works as advertised (it does).  Instead, potential purchasers must reckon whether its $250 retail expense tag is worth it over traditional disconnected thermostats that start at one-quarter of the price.  Nest addressed some of those concerns when it released the Nest Thermostat E in 2017, which offers most of the features of the traditional Nest Thermostat at a thirty percent lower retail price.

The following is an overview of why you may want to reckon a Nest Thermostat, and why millions of consumers bear chosen to supplant their aging, disconnected thermostats with a Nest.

How the Nest Thermostat Builds Value Connectivity

One of the hallmark features of the Nest Thermostat is its connectivity.  By connecting the it to your home wifi network and temperature sensors, the Nest Thermostat offers a number of valuable features for its end-users.

Remote Control

During initial setup, users will live asked to download the Nest Home app from their respective app marketplace and link it with their Nest Thermostat.  Once completed, the app can control home temperatures, create and modify schedules, control vacation mode, and more. Gone are the days of wondering whether you turned up or down the temperature in your home to save money during an extended time away.

Intelligent Temperature Control

As users start to disburse the Nest Thermostat, it will start automatically adjusting temperatures up and down, depending on information it is receiving from its own sensors and the internet.  The Nest Thermostat then expects the homeowner to start adjusting the temperature throughout the day, whether to enlarge console or energy efficiency. Over time, the thermostat begins to learn a user’s preference, and will capitulate similar adjustments automatically throughout the day.  Within a few weeks, the Nest Thermostat has a fairly accurate understanding of a household’s desired temperature sweep based on time and day (morning vs. evening, weekday vs. weekend). Gross this happens behind the scenes and without any user input other than a simple whirl of the dial surrounding the thermostat.

Comprehensive Scheduling

For those who prefer more fine-grain control over temperature, the Nest Thermostat furthermore supports scheduling, where owners may control temperatures down to the degree and by the minute.  Once a weekly schedule is set, it can live copied to future weeks, or modified as needed as seasons and temperatures change. For any times or days that are not specifically accounted for in the schedule, the Nest Thermostat will Fall back on it’s brilliant adjustments.

Intelligent Home/Away

In addition to the fine-tuned control and programming practicable on the thermostat itself and the companion mobile app, the Nest Thermostat will furthermore utilize on-board sensors and even the location of a user’s phone to intelligently determine whether you are home or away, allowing the thermostat to on enlarge or dwindle the temperature as necessary to conserve energy when you are not at home.

Utility Discounts

Nest furthermore works with local power companies to proffer discounts to Nest Thermostat users who agree to allow the utility to manually raise or lower temperatures during high-use periods known as “rush hours” in exchange for discounts on their bill, rebates on Nest products, or other rewards.

For example, in exchange for enrolling in Nest Rush Hour Rewards, Arizona power and water utility Salt River Project (“SRP”) offers $75 rebates on up to two Nest Thermostats, plus $25 in bill credits for each thermostat at the conclusion or each summer season.  This means that users who are willing to live more energy conscious during the inflamed Arizona summers will win $100 per Nest Thermostat in their first year, and $25 every year after that.  This is in addition to the other energy-saving features of the Nest Thermostat that are likely to save users money as well.

Smart Home Integration

Nest makes it even easier to interact with its thermostats by providing integration with the two most accepted smart home assistants: Amazon Alexa and Google Assistant.

Amazon Alexa

To control a Nest Thermostat with Amazon Alexa, simply launch the Alexa app on a mobile device and add the “Nest thermostat skill” by Nest Labs, Inc.  Next, examine an Alexa device to ascertain the Nest Thermostat on the identical wireless network by saying, “ Alexa, ascertain my devices.” Once it discovers the thermostat, Alexa is then able to control and provide information related to the thermostat.  

For example, Alexa can report a current room’s temperature by asking, “Alexa, what’s the temperature in the house?”, or what the target temperature in the the home is by asking, “Alexa, what temperature is my [thermostat name] set to?”  Alexa can furthermore set the temperature of a Nest Thermostat by saying, “Alexa, set the [thermostat name] temperature to _____ degrees.”

Google Assistant

To control a Nest Thermostat with Google Assistant, launch the Google coadjutant app on a mobile device, access the setting panel, then tap coadjutant > Home control.  In the “Devices” tab, tap “Add devices”. Tap the kind of device you want to connect, and then result the steps. When the pairing is complete, tap Done. For pairing a Nest Thermostat to Google coadjutant through a speaker, such as the Google Home, the user will necessity to disburse the Google Home app.  

Once paired, a user may control the Nest Thermostat by saying, “Ok Google, set the heat to 70”.  Google coadjutant can furthermore report the temperature by asking, “Hey Google, what’s the temperature inside?”

Energy-Saving Habits

While the Nest Thermostat has many connected features allows for effortless fine-tuning and control of home temperature while at home and on-the-go, it furthermore provides intuitive metrics and cues to embolden energy-saving habits.  

For example, if a user adjusts their temperature lofty or low enough (depending on the time of year and the outside temperature), they are rewarded with a leaf icon at the bottom of the screen, signifying that the selected temperature is saving them money.  Over time, Nest is hopeful that users opt for these energy-efficient settings more often, which works to reduce overall power-grid usage and save users money.

Another illustration is through the Nest Thermostat Energy History report, which is available on the thermostat and through the app, detailing on a day-to-day, basis when users disburse more energy, and when they are most energy efficient.  These reports are then combined to create a monthly Home Report, which shows the identical information on a more macro scale, such as energy utilization on weekends vs. weekdays, etc.

Much fancy utilizing a budget helps to minimize unnecessary spending, having ready-access to daily and monthly reports on energy usage subconsciously encourages users to capitulate better choices when it comes to their heating and cooling.

Why the Nest Thermostat is Worth the Money

Nest claims claims that its subtle, habit-changing features, when combined with its brilliant learning over time, leads to an middling energy savings of $131-145 per year.  This means that by simply using the Nest Thermostat as intended, it will pay for itself in less than two years.  However, when factoring in relatively common discounts on the Nest Thermostats and rebates offered by many power companies, the return on investment delta may may occur even faster.

To illustrate, the middling expense of the Nest Thermostat on Amazon as of this writing is  between $205 and $220, depending on color, seller, etc. Assuming you live in Tempe, Arizona, or another region where the electricity provider offers Rush Hour Rewards, you can await to receive a $75 rebate and a $25 bill credit in the first year.  Combined with the middling energy savings of ~$140 per year, your total net cost after one year may live as low as -$35. You just made $35 by purchasing the Nest Thermostat!

Conclusion

The connected thermostat market is, admittedly, a crowded market in 2018.  However, after seven years, the Nest Thermostat continues to live the pellucid market leader due to its simplicity, powerful controls, home integration and partnerships with local utilities, and simulated intelligence that makes energy saving habits a pushover (pun intended).  Having used a Nest Thermostat for years, I wholeheartedly recommend this purchase. And, if your local utility provider offers discounts and rebates fancy the one highlighted above, it is a no-brainer.

About the Author: Brian Locker is an attorney by day and technology blogger by night.  A self-described nerd, Brian uses his admire for Gross things tech to write content that is (hopefully) both informative and entertaining.  When he isn’t representing clients in actual estate litigation or writing blogs on the latest home automation gadgets, Brian can live found spending time with his wife and two stunning daughters in the suburbs of Atlanta, GA.

The content & opinions in this article are the author’s and achieve not necessarily limn the views of HomeToys

11/04/18, 07:33 PM

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Ted Weschler Bought Over 5% Of Optical Cable Corporation -- Should You Buy Too? | killexams.com actual questions and Pass4sure dumps

Investment Thesis

On its own, Optical Cable Corporation, a manufacturer of data communication cabling and connectivity products, is a fine - some might snarl tedious - investment. Knowing Ted Weschler bought more than 5% of the stock, it becomes slightly fascinating.

Stock Purchases

On September 24, 2018, Ted Weschler filed a 13G indicating he had accumulated a position over 5% (it was 5.25%) in Optical Cable Corporation (aka "OCC", letters that furthermore limn the NASDAQ NMS stock symbol).

TedWeschler13g

Often, in these circumstances, a buyer will file a 13D. But the SEC permits a 13G filing if the investment is passive. A 13G is appealing due to relatively lenient filing requirements. (For instance, if one files a 13D, then every "material" purchase or sale must live followed by an SEC filing within two traffic days. Not so with a 13G.) Since he filed a 13G, Ted Weschler must "file an annual amendment to the 13G if there bear been any changes - insubstantial or material - to your filed 13G... within 45 days of year end" or "must amend their Schedule 13G within 10 days after the quit of the first time their "beneficial ownership" exceeds 10% of the class of equity securities at month end".

Warren Buffett, in his special letter to Berkshire Hathaway stockholders titled "Berkshire - Past, Present and Future", expressed grandiose self-confidence in Ted Weschler, calling him "first rate in Gross respects":

BRK Special Letter

Institutional Investor profiled Ted Weschler in 2016, saying he is "known to achieve exhaustive research before deciding to designate to a company."

Weschler-II

Looking at a expense chart of OCC stock, it seems that the middling expense for Ted Weschler's purchase of 404,000 shares was likely around $3.75 per share, suggesting Weschler paid $1.5MM for his OCC shares. A impartial question: how notable is that compared to Weschler's net worth? DealBook reported: "Here is a quick measure of his wealth: he paid $2,626,311 in a charity auction to bear lunch with Mr. Buffett in 2010. That's how they met. A year later, Mr. Weschler paid $2,626,411 to dine with him again."

Note the lofty volume - 667,600 shares in aggregate - between September 14, 2018, the date on which the 5% threshold was exceeded, triggering the requirement to file a 13G, and the filing itself, which was made, as permitted, after the nearby ten days later on September 24.

Weschler-purchases-before13g

In the ten-day window between triggering the requirement to file the 13G and the filing itself, middling daily trading volume was 95,731. That ten-day middling trading volume represented a 5.8 multiple of year-to-date (through September 14) middling trading volume earlier in 2018. Was Weschler continuing to buy during the ten-day window before the 13G was filed?

Weschler is typically a passive investor, as confirmed in this case by the 13G filing for OCC. But a 2011 Wall Street Journal record "Berkshire's recent Hire Bears Shades of Buffett", Jason Zweig and Mary Pilon recounted how, in 2001, Weschler "pushed for a buyout of Huddle House, a chain of family restaurants". Could Weschler convert his 13G filing to a 13D filing and propel for a sale? Sure; that would live legal. Would he?

Wechler-HuddleHouse

The identical WSJ article affirms Weschler's analytical approach, described as "total immersion".Weschler-total-immersion

Weschler's reported 5.25% ownership (which does not reflect further purchases after September 14, if any) is meaningful compared to other great holders.

2018 proxy

Insider sales

On October 4, 2018, ten days after Weschler's 13G filing, OCC's Chairman of the Board, President and Chief Executive Officer Neil Wilkin filed a configuration 4 with the SEC, indicating he had sold 80,000 shares of OCC at $5.25 per share, marking his largest sale in the SEC's electronic filings era. While not necessarily bad, an insider sale is typically not a satisfactory sign.

This was odd.

The sale expense was reported to live $5.25, but the sweep that day was $6.01-$6.20.

Furthermore, the sale was to David R. Goode, described as a "strategic financial investor". delight refer to the tiny green print below, which says: "These shares were exclusively offered and sold to Mr. David R. Goode of Norfolk, Virginia, as a strategic financial investor in Optical Cable Corporation."

Wilkin  configuration 4

Who is David R. Goode?

David Goode is the retired president, CEO, and chairman of Norfolk Southern Corporation. He serves on the board of directors of Russell Reynolds Associates. David Goode has served on the boards of directors of Caterpillar, Inc., Delta Airlines, Inc., Texas Instruments and Georgia Pacific.

In 2005, Norfolk Southern named its 12 record building at 1200 Peachtree Street in Atlanta the David R. Goode Building, in reverence of the company's chairman and chief executive officer. (See photo below.)

David R. Goode Building

Is $420,000 investment in OCC a full position for a man fancy David R. Goode? Is David Goode being recruited for a role at OCC?

Separately, yet another insider sale may not live what it seems.

On October 15, 2018, Director Randall Frazier sold 4,534 shares to "a dependence for the profit of a long-term individual investor", at $5.30, a expense above the day's sweep of $4.96-$5.27. Again, that is an insider sale that may not bear the sense of many typical insider sales. Who is the long-term investor?

Coming days after Ted Weschler's 13G filing, are the Goode and Frazier transactions satisfactory or horrible signs? Is the Goode purchase a defense against Weschler, who filed a non-activist configuration 13G? Or is the Goode purchase affirmation that something satisfactory is happening at OCC? Time will tell.

Could OCC live acquired?

Yes. While that scenario is not my base case, it is instructive to note that the industry has been consolidating.

Belden, a company identified as a competitor in OCC's 2017 10-K, made 13 acquisitions in an eight-year epoch for amounts between $7MM and $710MM.

Belden acquisitions

Going forward, Belden has planned to designate up to $1.7B to fund acquisitions during 2018-2020.

Belden acquisition funding

On the 2018 Q3 earnings conference call, Belden parsed its acquisition strategy by saying that M&A will focus on the industrial segment and smaller acquisitions in the fiber optic segment, two areas to which OCC has exposure.

Belden Q3 Seeking Alpha

Other companies are focused on acquisitions as well, as the industry consolidates.

In a deal struck last December, Prysmian SpA paid 13.5 times trailing EBITDA for OCC-competitor general Cable, accounting for debt. Bloomberg reports that "Four groups were involved in bidding, including a Chinese company, pushing up the price." (For OCC, a 13.5 multiple of my FY2019 projected EBITDA would approach to over $10/share, after accounting for debt.) Bidding for general Cable was competitive. Again, an acquisition is not my base case.

As a petite player in the industry, OCC may not attract as much interest. But note that, in 2006, Superior Essex Inc. offered to acquire OCC for $6/share. OCC rejected the offer. Superior Essex, in turn, was acquired two years later.

SuperiorEssexAcquisition

If OCC were to live acquired, I would await Chairman of the Board, President, and Chief Executive Officer Wilkin would either: 1) live severed with a immense pay package; or, 2) live given much larger role at the acquiring company. Given Wilkin's total compensation in FY2017 of $780,469 when the company recorded a net loss and given Wilkin's obvious talents (see degrees from both University of Virginia's Darden School of traffic and School of Law), an acquiring company could profit from promoting Wilkins.

As Bloomberg columnist Matt Levine writes below "Sometimes, however, being acquired is the best thing for a company (and its shareholders). And if the CEO doesn't want the company to live acquired, he generally has lots of ways to forestall it." I bear no opinion as to whether Matt Levine's NYC-lawyer cynicism (which I like) applies in this case. Does the introduction of an investor with the gravitas of Ted Weschler change the calculus regarding an acquisition? If Warren Buffett's guy supports an acquisition, could OCC's board possibly resist?

Matt Levine

Note that OCC itself made two acquisitions a decade ago: SMP Data Communications in 2008 and Applied Optical Systems in 2009.

OCC's Industry

OCC manufactures fiber optic and copper data communication cabling and connectivity solutions for the enterprise market, various harsh environment and specialty markets, and the wireless carrier market. OCC's product offerings embrace designs for uses ranging from enterprise networks, datacenters, residential and campus installations to customized products for specialty applications and harsh environments, including military, industrial, mining, petrochemical, wireless carrier, and broadcast applications.

AUSA Annual Meeting

Anixter, a global distributor, highlights this PVC fiber optic cable below as the only designated OCC "best seller" that Anixter distributes:

Anixter PVC cable

At its Annual Meeting of Shareholders held in March 2018, OCC featured the following video regarding Passive Optical LAN as an illustration one of its product initiatives.

Financial projections

Building off OCC's past financials, including stalwart results driven by defense and wireless sectors in FY2018 (ended October 31), moderated by winding down of material contract(s) in FY2018, and informed by management goals expressed in the 2018 Annual Meeting, along with insights from competitors (largely Belden (NYSE:BDC) and Amphenol (NYSE:APH)), I bear projected OCC's income statement for FY2019. Note that, since OCC management was unresponsive to repeated inquiries via phone calls and emails, as is any company's right so long as it doesn't violate the SEC's Reg FD, the estimate for FY2018 and the projection for FY2019 should live considered a best guess at this time, decidedly not a rigorous model developed after minute questions answered by management. (Note: As I continue research coverage OCC in the future, I continue to welcome a dialogue with management. I would fancy to understand more fully management's side of the record if they cared to share.) Note that FY2019 results are expected to live back-end loaded.

AMgoals

In management's defense, given a base of OCC's FY2018 Q3 revenue of $23MM compared to an industry dominated by competitors such as Amphenol with 2018 Q3 revenues of $2.1B, a petite change in the timing of fulfillment of a minor order (by industry standards) can capitulate a huge incompatibility in OCC's results. Lumpy is difficult to forecast.

For FY2019 (ended October 31), my OCC revenue projection shows an enlarge of 22.4% year over year, down from 39.0% estimated enlarge for FY2018 YoY. Driven by operating leverage, OCC's EBITDA margins are projected to enlarge from 6.3% (FY2018 E) to 7.0% (FY2019 P).

OCC competitor Belden's 3-year financial goals are below, including an EBITDA margin three times my projection for OCC's FY2019 EBITDA margin:

Belden financial goals

OCC competitor Amphenol provides a breakdown of its revenue growth by segment, as shown below. The drivers for stalwart revenue growth are partly segment strength and partly market share enlarge or decrease. The table below is tabulated from Amphenol's Q3 conference call:

APH guidance

Amphenol guided to aggregate 12% organic revenue growth for 2018. Focusing on OCC's stalwart segments, Amphenol is guiding "high teens" in APH's military segment and "low double-digit sales growth" in APH's mobile networks segment. Including stock-based compensation expense (to capitulate it an apples-to-apples comparison with my OCC EBITDA calculation), APH's EBITDA margin for the nine months through September 30, 2018, was 24.5%.

Contrast that to OCC's estimated FY2018 EBITDA margin is 6.3%. There could live leeway to grow!

OCC could astonish on the upside. For example, 5G is an exciting technology that, if it fulfills expectations, could embolden to drive sales growth in OCC's wireless carrier market. But, as transcribed by Seeking Alpha, on APH's Q3 earnings conference call, Amphenol's President and CEO Norwitt was cagey regarding 5G:

APH 5G 1

APH 5G 2

OCC has a impartial amount of operating leverage. As the company states in its FY2018 Q3 10-Q: "Our Gross profit margin percentages are heavily relative upon product mix on a quarterly basis. Gross profit margin in the first nine months of fiscal year 2018 was negatively impacted by a shift in product mix toward the sale of unavoidable lower margin products in the first nine months of fiscal year 2018 compared to the first nine months of fiscal year 2017. However, the significant enlarge in net sales levels during the first nine months of fiscal year 2018 for their fiber optic cable products helped to offset the impact of the dwindle in Gross profit margin on Gross profit, as unavoidable fixed manufacturing costs were spread over higher sales and they benefited from their operating leverage. "You can remark from the projected income statement below that EBITDA margins jumped from 1.94% in FY2017 to 6.32% in FY2018 (estimated) even though Gross margin dropped from 32.45% in FY2017 to 30.68% in FY2018 (estimated). Two reasonable comparable companies are Belden and Amphenol. Both those companies bask in EBITDA margins that are at least triple OCC's EBITDA margins. That suggests OCC's EBITDA margin will bear leeway to ameliorate if they continue to boost revenues, as I expect. That is the base case.

Income statement

Valuation

Based on trailing P/E ratio, as shown below, OCC is expensive. Based on projected FY2019 EPS, at $5.10 per share (the nearby on November 8th, hours after which this piece was resubmitted), OCC's projected FY2019 P/E is a more reasonable 16.5.

valuation comparison

Regarding potential expense targets for OCC stock, a rounded number of $10 seems reasonable couple years from now. While I bear not shown projections for FY2021, if they mediate of valuing OCC stock two years from now, twenty times $0.50 FY2021 EPS seems reasonable.

And, $10 as an acquisition expense a year from now furthermore seems reasonable, using Prysmian SpA's acquisition's trailing EBITDA multiple of 13.5 on $7.0MM of OCC's FY2019 EBITDA (after normalizing OCC's non-cash compensation to industry norms), and subtracting anticipated debt of $12.5MM, using 8.25MM shares as the divisor. A multiple of 13.5 times might seem high, but typically a petite company target lends itself to synergies through economies of scale. An acquisition of OCC could capitulate synergies in a number of ways, including: 1) boosting sales by adding channels while at the identical time improving efficiencies; 2) boosting capacity utilization at OCC's three plants, which would enlarge margins; and, 3) spreading out other SG&A expenses over greater sales. For example, as famous above, OCC Chairman, President, and CEO Wilkin is a very talented guy; by elevating him to a bigger management position at a bigger company, his (rather great in my opinion for a petite company, but not great for his talents) compensation could live spread over greater sales, benefiting margins not only at the legacy OCC traffic but furthermore the larger portfolio he could manage.

On the downside, I would await that, so long as Weschler is not selling, $3.50-4.00 would live a floor if OCC encounters temporary disappointment.

The propitious backdrop is: 1) solid require for data communications including potential excitement regarding the roll-out of 5G; and, 2) Weschler's ownership.

What could meander wrong with the investment thesis?

Following Weschler's 13G requirement trigger on September 14, but before the filing itself on September 24, volume was high, equaling 5.8X volume earlier in 2018. Who was buying? My guess: Weschler continued to buy, knowing the 13G disclosure would ship OCC's share expense higher, forcing him to pay more (if he wanted to buy more). Indeed, volume spiked following the filing. But, what if Weschler had changed his intelligence and the lofty volume in late September or in October was Weschler selling? I doubt it. But that would live a immense problem for the investment thesis!!!

While acquisitions are not my base case, an acquisition does limn upside. On the other hand, OCC could receive but reject a takeover proffer that many stockholders might want. But the addition of Weschler to the mix might interlard more analytical, data driven response to a takeover suitor, boosting the prospects for a completed acquisition. On the other hand, OCC might eagerly search out acquisitions of its own, potentially reducing its appeal to potential acquirers.

The competitive landscape could change. immense competitors might swamp OCC.

A word of caution: the equity market capitalization of OCC is tiny: $40MM. middling trading volume for the past 65 days is 41,896 shares. forbearance and circumscribe orders are advisable if buying or selling OCC stock.

Chart

OCC data by YChartsChart

OCC Revenue (Quarterly) data by YCharts

Appendix 1 - Executive Officers

If you don't fancy the chairman and the CEO to live one and the same, you might not fancy the organizational structure of OCC. (Studies are mixed.)

If you don't fancy the only two executive officers being the former CFO and the current CFO, you might not fancy the organizational structure of OCC.

Chairman of the Board of Directors, President and Chief Executive Officer Wilkin was named CFO in September 2001. Chief financial Officer Smith was named CFO in September 2003. Both Wilkin and Smith were practicing CPAs employed by Coopers & Lybrand (a predecessor to PricewaterhouseCoopers) and KMPG LLP, respectively.

From 2011 to 2018, proxies for every OCC annual meeting held bear identical language: "The current executive officers of the Company are: Neil D. Wilkin, Jr., Chairman of the Board, President and Chief Executive Officer and Tracy G. Smith, Senior Vice President and Chief financial Officer."

The most recent executive officer directly accountable for marketing and/or sales, Senior Vice President of Sales - USA William R. Reynolds, retired on December 17, 2010.

You might want to remark a Senior Vice President of Sales in an executive officer position. So would I. If done correctly, elevating sales and marketing to an executive officer position, or even a board position, could enhance results.

Does the necessity of response to my questions by Wilkin, Smith and OCC's investor relations provide insight into OCC's sales and marketing culture, or necessity of one? There is exiguous published investment research on OCC. (For example, Seeking Alpha has published two pieces, one in 2017 and one in 2012.) With so exiguous research available, how does one clarify management's evident disinterest in offering to embolden shape a narrative to live published for an audience of investors? (OK, this author is not a immense deal compared to Weschler and Goode! Point well taken!) The SEC's Reg FD might approach into play; Wilkin is well versed in the law. Or perhaps OCC is in a mute period, during which no conversations with investors are allowed. A disinterest in helping to shape a narrative might hint a deficient sales and marketing culture, or it might hint something different. arduous to say. effortless to fix.

Disclosure: I am/we are long OCC.

Additional disclosure: In addition to Seeking Alpha's Terms of Use: Read this article at your own risk. Under no circumstances should this article live construed to live investment advice. You agree to achieve your own research and your own due diligence. Always consult a financial advisor. In no event should grandiose Quarter live liable for any losses. I capitulate mistakes and I've been wrong many times. While, to the best of grandiose Quarter's skill and belief, grandiose supervision was attach into its research, analysis, opinion, and writing, and while this article and the information herein is believed to live accurate and reliable and does not omit material facts, it is presented “as is” and without representations or warranties of any kind, express or implied. grandiose Quarter makes no engage to update articles or any information, analysis, or opinion herein. Following the publication of this article, grandiose Quarter reserves the right to capitulate any trade at any time in any securities mentioned; in the future, I may live long, short, or neutral regardless of any information, analysis, or opinion herein; furthermore I will not report when a security position is initiated or exited. Humans are horrible at predicting the future. fraction of this article attempts to predict the future. grandiose Quarter's goal to live more right about the future than wrong. But, the future will hold many surprises. delight live alert that at least fraction of this article will prove to live wrong. Since grandiose Quarter is not receiving compensation for this article from Seeking Alpha, grandiose Quarter retains the copyright. grandiose Quarter welcomes readers to observation or examine questions in the observation section below. If you enjoyed this article, delight result grandiose Quarter by clicking result above.

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Airtel share Crisis: Oba Otudeko Seeks $28.7m Damages | killexams.com actual questions and Pass4sure dumps

The Federal lofty Court in Lagos has adjourned hearing in a $28, 728, 125 suit filed by businessman, Oba Otudeko against a cellular mobile telecommunications company, Airtel Networks Limited (formerly known as Econet Wireless Nigeria Limited) till May 2, 2018.

Otudeko is jointly claiming the sum with a limited liability company, Broad Communication.

Joined as co -defendants in the suit are: a promoter of Econet, Jubril Adewale Tinubu, with 9,906250 shares being 9.9% voting capital, O&0 Networks limited, Delta ministry of Finance Incorporated, Delta condition Government, Corporate Affairs Commission, Econet wireless Limited,Econet development Corporation,Ecobank Nigeria limited, Ecobank Transnational Incorporated.

According to an amended statement of title filed on behalf of Oba Otudeko and Broad Communications Limited by Chief Wole Olanipekun(SAN), the plaintiffs alleged that sometime in 2011, Ecobank Transnational Incorporated acquired the defunct Oceanic bank Plc with Gross its liabilities and assets which at the time of acquisition included the 3rd defendant O&0 Network limited.

Prior to the acquisition of Oceanic bank the plaintiffs became alert that the 4th defendant,Delta condition ministry of Finance incorporated and the 5th defendant Delta condition Government purportedly transfer their profitable ownership in the shares of the O&0 Network Limited back to 2nd defendant Jubril Adewale Tinubu who subsequently purported to transfer the shares to Oceanic bank Plc as fraction of a process of securitization and foreclosure arising from loans advanced to him by Oceanic bank.

The plaintiffs stated further that in the course of promoting Airtel,it was a fundamental term that in order to facilitate financing arrangements, Nigerian individual shareholders would recall their shares in their own names or by the agency of their respective nominee vehicles, by this agreement Oba Otudeko was to hold directly or indirectly, 15% of the ordinary shares and Jubril Adewale Tinubu was to hold directly or indirectly about 10% of the ordinary shares of the company.

Further to the above arrangement and as introductory step toward the acquisition of 40% equity stake in Airtel, Oba Otudeko and Adewale Tinubu through a special purpose corporate vehicle called First Independent Network limited FINL, executed a settlement agreement dated June 11, 2001,with Econet International Limited.

It was furthermore selected fundamental term of the agreement that Nigerians would hold 40% of the ordinary shares and that Econet Wireless International EWI, being the original technical confederate would hold 40%, while 20% was reserved for Transtel -a South African company.

Oba Otudeko took 13,035,936 shares in the cognomen of Broad Communication and 187,500 in his own cognomen while Adewale Tinubu took 9,906,250 shares in the cognomen of Ocean &Oil services and later transferred identical to O&0 Network.

Copyright LEADERSHIP. Gross rights reserved. This material, and other digital content on this website, may not live reproduced, published, broadcast, rewritten or redistributed in whole or in fraction without prior express written permission from LEADERSHIP Nigeria Newspapers. Contact: editor@leadership.ng



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