Assembler – 1C Plus Plus Street http://1cplusplusstreet.com/ Thu, 22 Sep 2022 23:43:03 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://1cplusplusstreet.com/wp-content/uploads/2021/05/default.png Assembler – 1C Plus Plus Street http://1cplusplusstreet.com/ 32 32 Back to the forgotten German motorcycle MZ 1000S https://1cplusplusstreet.com/back-to-the-forgotten-german-motorcycle-mz-1000s/ Thu, 22 Sep 2022 22:00:00 +0000 https://1cplusplusstreet.com/back-to-the-forgotten-german-motorcycle-mz-1000s/ The 2000s were the year of the Japanese sports hikers (well, it still is!). We had the powerful Suzuki Hayabusa and the Yamaha FJR1300 which refine the boundaries between Supersports and Touring. BMW was also there with the K1200 and K1300 ranges. But amidst all the commotion, there was a lesser-known German motorcycle manufacturer charging […]]]>

The 2000s were the year of the Japanese sports hikers (well, it still is!). We had the powerful Suzuki Hayabusa and the Yamaha FJR1300 which refine the boundaries between Supersports and Touring. BMW was also there with the K1200 and K1300 ranges. But amidst all the commotion, there was a lesser-known German motorcycle manufacturer charging hard into the well-versed herd.


MZ Motorrad is a lesser known German motorcycle manufacturer that enjoys the same fame and prestige as BMW in its home turf. And they dropped a silent bombshell with the futuristic-looking 1000S sports tourer. It was a brand new bike from MZ a long time ago, and they went all out. It packed the company’s first multi-cylinder engine in 45 years; it ended up being the most powerful straight-twin engine of the 2000s!

Every component of this cool motorcycle was special, including the wheels which were patented to provide less rotational mass, enhancing its “flickable” character. There were a few iterations of this cool German. And although the MZ 1000 range had a very short lifespan, it managed to stand out from the big guns of the time, including the Honda Firestorm, Ducati 1000SS and even the Suzuki SV1000.

The MZ 1000S was a unique 2000s motorcycle that combined Italian-style visual drama and reliable Japanese-style engineering in one sexy package.


The MZ 1000S is equipped with the most powerful inline-twin engine of the time

The MZ 1000S may be a motorcycle the world knows very little about. But this nice-looking sports tourer was once equipped with the most powerful inline two-cylinder engine. Interestingly, the 1000S had been a new multi-cylinder motorcycle from MZ for a long, long time (last seen in 1959). The 999 cc 180 degree L-twin engine was also the largest displacement engine ever installed in an MZ motorcycle.

It developed 117 hp at 9,000 rpm and 70 lb-ft at 7,000 rpm. It was clearly a howl, but power was transferred to the wheel in a linear fashion via a removable six-speed cassette-style gearbox. All but the aggressive gearbox choice were in keeping with the MZ 1000S being a touring-ready machine.

Related: The Ducati SportClassic lineup is classic Italian beauty at its finest

The MZ 1000S was a sports bike with a spirit of touring

Every component of this sport bike also underscored the fact that this age-old German automaker wanted the 1000Z to be a stylish and comfortable motorcycle. The saddle was wide and comfortable, designed for long runs. The chassis has also been designed to provide a well-balanced driving experience. MZ used chrome-molybdenum steel for its double-deck trellis-style frame.

This offered more rigidity and reduced weight compared to other materials. Suspension duties were taken care of by 43mm Marzocchi inverted front forks with adjustments for rebound and compression damping. At the rear, a Sachs multi-adjustment monoshock was fitted. It came with a remote hydraulic preload adjuster.

Combining strength and lightness, the 1000S featured specially designed and patented 17-inch wheels. Called Twin System wheels, they resulted in a 10% reduction in rotating mass compared to cast alloy wheels. These wheels were wrapped in Metzeler Sportec M1 120/70 front and 180/55 rear tires at launch. Braking duties were performed by a pair of Nissin four-piston calipers up front mated to 320mm semi-floating discs.

While the riding position was demanding, MZ managed to strike a balance between an engaged and relaxed position with a wider set of clip-on handlebars. It also had relatively relaxed rear footpegs compared to other sport bikes in the segment. Let’s just say the MZ 1000S was very similar to the mighty Suzuki Hayabusa here.

Designed by the same guy behind the Lockheed F-117 Nighthawk

The MZ 1000S was a unique and sharp looking motorcycle. And the credit goes to the same guy who designed the F-117 Nighthawk fighter jet. Peter Naumann was the man behind conceptualizing the 1000S’ “New Edge” design language. The body was steeply sloped to provide an aerodynamic and efficient driving character.

The goal was to glide smoothly through the air, at any speed! The design was futuristic for its time, and the fanged design of the headlight assembly and sleek rear end gave it a unique visual appeal. The design language was so far ahead of its time that it still has the visual appeal (even on par with the dramatic Italians) to go on par with the 2022 Supersports.

Related: 10 Things Only Real Bikers Know About Harley-Davidson’s History

The MZ 1000 range was short-lived but left a lasting mark

MZ had created a few variations of the 1000S during its short lifespan. After the full-fledged 1000S came the MZ 1000ST which was a more comfortable version of the 1000S. It came with a more comfortable saddle (for both rider and passenger), stiffened handlebars, and lower footpegs for a more relaxed riding triangle. The windshield was also taller for better wind protection.

Even the motor has been detuned for a more linear character honed for the long haul. Visually emphasizing its touring character was a set of optional Krauser panniers that looked surprisingly good on the bike. Finally, there was the MZ 1000SF which was a Streetfighter based on the 1000ST. Although we’re not quite sure of the weight savings resulting from the elimination of the hoods; the SF was clearly a mean-looking motorcycle.

MZ’s trio was technologically advanced and far superior in components and design. Unfortunately, internal company issues didn’t help these cool Germans go far and MZ closed shop, and the 1000 range after just three years of launch.

Sources: Topspeed, MZ Motorrad Retrieved

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Atlas Honda Launches ‘New’ CG125 Motorcycle at Unimaginable Price – Silver https://1cplusplusstreet.com/atlas-honda-launches-new-cg125-motorcycle-at-unimaginable-price-silver/ Mon, 19 Sep 2022 06:53:27 +0000 https://1cplusplusstreet.com/atlas-honda-launches-new-cg125-motorcycle-at-unimaginable-price-silver/ It’s a moment of celebration for fans of the hugely popular CG-125 motorcycle after Atlas Honda announced the 2023 models of the two-wheeler on Saturday. Dealers say the bike will be available in stores from Monday, September 19. The new model features a host of changes. However, almost all of them were made in the […]]]>

It’s a moment of celebration for fans of the hugely popular CG-125 motorcycle after Atlas Honda announced the 2023 models of the two-wheeler on Saturday.

Dealers say the bike will be available in stores from Monday, September 19.

The new model features a host of changes. However, almost all of them were made in the adhesive sticker stuck on the side of the vehicle.

According to dealers, the company first introduced the CG125 motorcycle to Pakistan in 1992, and the two-wheeler quickly gained popularity, especially for its durability and power in rural and remote areas of Pakistan.

It is pertinent to mention here that the practice of launching a “new model” of two-wheelers with cosmetic changes has been in vogue for 30 years.

What is the price of the new Honda CG125 motorcycle

According to market sources, the price of the CG125 motorcycle is already among the highest of all motorcycles.

With inflation playing a key role in the decisions made by the public at this point, the manufacturer opted only for cosmetic changes to the bike and held prices steady.

Dealers say that the base variant of the new model CG125 (Standard – kick start) will cost around Rs179,900.

CG125 (auto start) will cost Rs210,000.

Why do people love CG125?

Dealers say that Pakistanis prefer the Honda CG125 because of its powerful engine, good power-to-weight ratio, fuel efficiency and durability.

However, dealers believe it is a fact that the manufacturer has compromised the quality of the product over time.

Another reason why many people choose to buy the Honda variant is that the company enjoys a virtual monopoly in this category of motorcycles. The vehicles closest to the CG125 in power are vehicles made by Yamaha or Suzuki.

A second reason is that even at the lowest, the quality of bikes made by other companies was even worse.

Automotive innovation stagnation

Pakistan Motorcycle Assemblers Association (APMA) chairman Sabir Shaikh says the motorcycle manufacturing industry in Pakistan has stagnated.

“Assemblers are preparing new models of motorcycles with old designs from the last two to three decades,” Shaikh observed.

While many companies are working in this area, he said Atlas Honda’s CB150F, Yamaha’s YBR125G, Suzuki’s GR150 and Suzuki GD110 introduced models that are comparatively better.

When Pakistan is compared to India and China, Sheikh said motorcyclists there are treated to motorcycles with new designs and features almost every year.

He urged local manufacturers to introduce new motorcycle models to the market.

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Top 3 Data Center Stocks to Buy Right Now https://1cplusplusstreet.com/top-3-data-center-stocks-to-buy-right-now/ Sun, 11 Sep 2022 10:45:00 +0000 https://1cplusplusstreet.com/top-3-data-center-stocks-to-buy-right-now/ While global economic growth has slowed in 2022 due to inflation and other macro factors, one area of ​​the economy in particular is firing on all cylinders: data centers. These complex real estates act as computing units for the Internet itself. But as everyday use of the World Wide Web evolves and grows, massive amounts […]]]>

While global economic growth has slowed in 2022 due to inflation and other macro factors, one area of ​​the economy in particular is firing on all cylinders: data centers. These complex real estates act as computing units for the Internet itself. But as everyday use of the World Wide Web evolves and grows, massive amounts of new data are created. All of this information needs to be computed, moved and stored, and a data center upgrade cycle is underway to facilitate this boom in digital business.

To that end, three Fool.com contributors are considering buying shares of Alphabet (GOOGL 2.09%) (GOOG 2.16%), super microcomputer (SMCI 2.92%)and Digital Real Estate Trust (DLR 1.46%). Here’s why they think these three stocks are the best data center stocks to buy right now.

The ubiquitous internet company is getting into hardware buying

Nicholas Rossolillo (Alphabet): Alphabet, Google’s parent company, is one of the world’s leading data center operators. Google owns a few dozen of these massive computing units to run its myriad services, and Google Cloud and other Alphabet companies rent space for its hardware in other data centers around the world. Like other internet companies, Google is in the midst of a surge in spending on its infrastructure to accommodate more data and more advanced uses of the web.

Upgrades to this incredibly complex technological real estate cost a considerable amount of money. Alphabet revealed in its second quarter earnings update that it spent $16.6 billion on property, plant and equipment in the first half of 2022, up sharply from $11.4 billion in the same period. last year. Coupled with the slowing growth of its online advertising empire, this weighed on Alphabet’s results. As a result, free cash flow generated is essentially stable over the last reported 12-month period, even though revenue increased by 16%.

Alphabet’s rampant spending on data centers and hardware will pay off over time as it strives to continually improve its services. And since it goes through an infrastructure upgrade cycle, it’s still an incredibly profitable business. The operating profit margin was just under 30% over the past year. Alphabet uses this profitability to repurchase shares as part of a return of excess cash to shareholders.

That being said, this stock has been rattled by the 2022 bear market (stocks are down 24% this year at the time of this writing) and now trades at just 20 times the value of the company compared to free cash flow. Google’s growth has indeed slowed, but it is a rock-solid company that continues to grow steadily with the use of the internet over time. I’m still picking up stocks in the middle of a recession and holding out for the long haul.

This stock is up 40% in 2022 and still looks cheap

Billy Duberstein (super microcomputer): With so many tech stocks down for the year, you might be surprised that I’m recommending a stock that defied the odds and actually rose 40% in 2022.

Super Micro Computer manufactures server and storage systems for data centers, cloud computing enterprises and Internet of Things/telco applications. In general, as a “server assembler”, he tends to have relatively low margins in a competitive field. So how has the company managed to defy the odds this year?

Under the leadership of founder and owner-operator Charles Liang, Super Micro is headquartered in Silicon Valley, very close to the leading CPU and GPU chip designers the company puts into its servers. From these close relationships, Super Micro has developed methods for large data center operators to achieve better total costs of ownership in two important ways.

First, Super Micro builds its servers with a modular “building block” design. So instead of customizing a new server from scratch every time there’s a new chip architecture, Super Micro can simply insert a new “block” into its designs. This speeds time to market and also helps customers save money, due to their ability to trade “blocks” over time, instead of entire servers.

Second, Super Micro markets itself as a “green computing” provider, with the goal of making its products as energy and heat efficient as possible. Large data centers require a huge amount of electricity, as well as cooling systems, to operate. And given the impact of soaring natural gas prices and heat waves on electricity costs this year, more and more customers are now turning to Super Micro’s solutions.

During the latest earnings call, Liang noted Super Micro Computer’s power utilization efficiency (PUE), which basically measures the total amount of energy used in a data center divided by the amount of energy used for computer functions. The closer the PUE is to 1, the more efficient the data center.

Super Micro’s latest solutions push 1.05 PUE, which is incredible considering the industry average of 1.57. That’s an improvement of nearly 50%! Liang says if the entire industry used Super Micro’s solutions, it would save $10 billion a year and eliminate the need for 30 fossil fuel power plants.

In the last fiscal year ending in June, Super Micro grew revenue by 46%, with earnings per share (EPS) up 143%. Not only that, but management expects continued revenue growth of 27% in the middle of its range for 2023, and earnings per share of “at least” $7.27, which would represent 37% growth over to 2022. Liang outlined ambitious growth plans. to reach $10 billion in mid-term and $20 billion in long-term revenue, up from just $5.2 billion last year.

Given today’s proven growth and Liang’s outlook, Super Micro stock still looks like a steal at just 8.7 times its 2023 EPS forecast, despite rising year-to-date.

The Data Center Giant You Didn’t Know You Need

Anders Bylund (Digital Realty Trust): The cloud computing titans are not alone. When Alphabet or Amazon want to expand their massive cloud services to a new location, they’ll choose a company that provides data center space and connectivity in the right place, at the right price, with the right features. Digital Realty Trust often comes up in these discussions, and the company wins many of these large-scale data center deals from networks like Google Cloud and Amazon Web Services.

The company operates more than 300 data centers in 25 countries and six continents. With a flexible and consistent architecture from data center to data center, Digital Realty offers a reliable platform that customers can learn once, then deploy again and again with predictable results.

And the business is booming. Digital Realty has recently reported strong demand in key markets such as Japan, Europe and North America, especially from hyperscale customers like the cloud giants mentioned above. In the second quarter of 2022, funds from core operations (FFO) increased 12% year over year, with a 4% increase in total operating revenue.

The company also pays a generous dividend, with an unbroken string of annual payout increases dating back to Digital Realty’s IPO in 2004. The dividend yield stands at 3.9% today, partly at cause of the fall in the share price. Digital Realty shares have lost over 30% of their value in 2022. I’m strongly tempted to lock in those bountiful dividend yields by buying Digital Realty shares when the stock is cheap.

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Judith K. Waltemire 1946-2022 | News, Sports, Jobs https://1cplusplusstreet.com/judith-k-waltemire-1946-2022-news-sports-jobs/ Fri, 09 Sep 2022 04:32:31 +0000 https://1cplusplusstreet.com/judith-k-waltemire-1946-2022-news-sports-jobs/ HOWLAND — Judith Kay Waltemire, 75, of Howland, died Wednesday, September 7, 2022, at her home surrounded by her family. She was born September 26, 1946 in Warren, daughter of the late Clarence and Mildred “Gnat” Bumgardner Culver. Judy was an assembler at Packard Electric and a member of the Eastern […]]]>


HOWLAND — Judith Kay Waltemire, 75, of Howland, died Wednesday, September 7, 2022, at her home surrounded by her family.

She was born September 26, 1946 in Warren, daughter of the late Clarence and Mildred “Gnat” Bumgardner Culver.

Judy was an assembler at Packard Electric and a member of the Eastern Star and Social Order of the Beauceant. She loved crafts and painting, but most of all she loved spending time with her family and her dog, Samson.

She is survived by her children, Karen (Buddy) Carpenter of Niles, John (Edie) Banks of Johnston, Tom (Mimi) Long of Southington, Bobbie Jo (Roger) Parson of Austintown, Tim Waltemire of Hubbard, Rick Waltemire of ‘Austintown, Jeff Waltemire of Burghill and Joe (Karen) Waltemire of Hubbard; siblings, Ruth Liddle, John (Barb) Culver and Mary Downing; 11 grandchildren; and 11 great-grandchildren.

In addition to her parents, she was predeceased by her husband, Donald Fred Waltemire; granddaughter, Carol; sister, Carol Streza; and grandson, Jeffrey Jr.

Services will be held at noon on Monday, September 12, 2022 at the Carl W. Hall Funeral Home, where Reverend Jerry and Reverend Terry Carpenter will officiate.

Friends can call from 11 a.m. to noon on Monday at the funeral home.

Interment will be in Howland Township Cemetery, Howland.

Friends can view Judy’s obituary and/or send condolences to her family by visiting carlwhall.com.

Arrangements entrusted to the Carl W. Hall Funeral Home.

(special notice)

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Gary G. Mincks | News, Sports, Jobs https://1cplusplusstreet.com/gary-g-mincks-news-sports-jobs/ Wed, 07 Sep 2022 05:27:44 +0000 https://1cplusplusstreet.com/gary-g-mincks-news-sports-jobs/ Minck Gary G. Mincks, 64, of Marietta, died Sunday, August 28, 2022 at Marietta Memorial Hospital. He was born September 1, 1957 in Marietta, the son of Clayton Wayne and Mary Drumm Mincks. Gary graduated from Fort Frye High School and attended Muskingum College. He retired after 36 years of employment […]]]>

Minck

Gary G. Mincks, 64, of Marietta, died Sunday, August 28, 2022 at Marietta Memorial Hospital. He was born September 1, 1957 in Marietta, the son of Clayton Wayne and Mary Drumm Mincks.

Gary graduated from Fort Frye High School and attended Muskingum College. He retired after 36 years of employment with Thermo Fisher Scientific as a senior production assembler. He enjoyed outdoor activities (hunting, fishing, golf), music, puzzle books, and traveling across the country.

On August 21, 1982, he married Janet S. Beardmore Mincks who survives with his sister Janet K. (Richard) Snyder, his brothers-in-law Tom Beardmore and Jerry Jenks, his sisters-in-law: Kathy Beardmore Jenks and Debbie Barnes Mincks, step- mother Nellie Beardmore. Blended families: Mary Jane Darr Beardmore, Brian (Evonne) Darr, Sara (John) Sholseth, Randy (Jennifer) Snyder, Cheryl (Bryan) Cooper. He was affectionately called “Popsie” by his 13 nieces and nephews.

He was predeceased by his parents, his brother Larry Mincks and his stepfather Charles Beardmore.

Special thanks to Matt and Beth Dailey, Richard and Pam Kellar and Donnie Booth. He really appreciated your friendship.

Funeral services will be held Saturday, September 10 at 11:00 a.m. at Central Christian Church with Reverend Thad Allen officiating. Interment will be in Putnam Cemetery. The family will greet friends before the service at the church from 10 a.m. to 11 a.m. McClure-Schafer-Lankford Funeral Home is assisting the family and messages of sympathy can be sent to www.Lankfordfh.com.

In lieu of flowers, due to allergies, the family would appreciate donations in Gary’s memory to the cancer charity of their choice or the Humane Society.

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Chinese ports drilled in closed-loop mode amid new Covid outbreaks https://1cplusplusstreet.com/chinese-ports-drilled-in-closed-loop-mode-amid-new-covid-outbreaks/ Mon, 05 Sep 2022 03:28:03 +0000 https://1cplusplusstreet.com/chinese-ports-drilled-in-closed-loop-mode-amid-new-covid-outbreaks/ After experiencing intermittent blockages since the start of the Covid-19 pandemic in 2020, major container ports in China are now still ready to impose closed-loop operations as the country refuses to reverse its zero-Covid policy. -19. The city in southern China Shenzhenhome for Yantian and Ports of Shekouextensive movement restrictions that began in late August, […]]]>

After experiencing intermittent blockages since the start of the Covid-19 pandemic in 2020, major container ports in China are now still ready to impose closed-loop operations as the country refuses to reverse its zero-Covid policy. -19.

The city in southern China Shenzhenhome for Yantian and Ports of Shekouextensive movement restrictions that began in late August, after new Covid-19 infections were discovered, but stopped before a full lockdown.

City authorities said port operations in Yantian and Shekou have remained normal, although Shenzhen’s population of around 18 million has been told to stay at home as the city battles its worst outbreak since March.

Shenzhen is where some of China’s biggest companies, including Huawei Technologies and BYD, are headquartered, and these companies have considered “closed-loop” systems second nature. Such systems mean that employees can only travel between work and home and have no physical contact with people outside of their workplace.

Apple phone maker Foxconn, which also has its factory in Shenzhen, said operations there had not been disrupted.

On Hainan Island, where an outbreak of the BA.5.1.3 variant forced authorities to impose a lockdown in August, business is business as usual for its main container port, Yangpu International Container Terminal.

The terminal spokesman said ships were still calling at the port as scheduled and there had been no notifications of carriers skipping calls.

The spokesperson added, “Yangpu has implemented a closed-loop operation, and each shift grasps production work according to eight lines of operation, and the overall operational efficiency has returned to the level before the pandemic”.

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Proton streamlines deliveries of ‘locally assembled’ Proton X70, Proton Saga – Latest News – The Nation https://1cplusplusstreet.com/proton-streamlines-deliveries-of-locally-assembled-proton-x70-proton-saga-latest-news-the-nation/ Sat, 03 Sep 2022 01:07:24 +0000 https://1cplusplusstreet.com/proton-streamlines-deliveries-of-locally-assembled-proton-x70-proton-saga-latest-news-the-nation/ LAHORE – Al-Haj Automotive Private Limited, the progressive assembler and distributor of Proton vehicles in Pakistan, entered the Pakistani market in late 2020. Since then, it has launched the flagship Proton X70 SUV and Proton SAGA sedan, which have received an overwhelming market response.Al-Haj worked with technical experts from Proton Malaysia to build a […]]]>

LAHORE – Al-Haj Automotive Private Limited, the progressive assembler and distributor of Proton vehicles in Pakistan, entered the Pakistani market in late 2020. Since then, it has launched the flagship Proton X70 SUV and Proton SAGA sedan, which have received an overwhelming market response.
Al-Haj worked with technical experts from Proton Malaysia to build a state-of-the-art plant which was inaugurated in the second half of 2021 by President Arif Alvi, to meet the demand for locally assembled Proton vehicles in Pakistan. Al-Haj had planned to start deliveries from the third quarter of 2021, but was unfortunately postponed due to COVID-19 restrictions, which delayed shipment of plant equipment and CKD kits.
As the lockdown began to be gradually lifted in the last quarter of 2021, we witnessed another setback in the form of floods in Malaysia which pushed CKD kit production even further than expected. At the same time, we saw a 20% depreciation in the exchange rate and a fourfold increase in shipping costs globally, which dramatically increased the cost of production. These factors, beyond Al-Haj Automotive’s control, have forced it to raise the prices of its vehicles from those originally advertised. Shortly after the lockdown was gradually lifted in Malaysia, deliveries of the locally assembled Proton SAGA began in Pakistan at the beginning of the last quarter of 2021. Since then, Proton Pakistan has been steadily deploying and delivering the locally assembled Proton SAGA. base.
Delivery of the first batch of Proton X70 CKD units began in November 2021, from the state-of-the-art Al-Haj Vehicle Assembly Plant, which incorporates the best industry standards and technologies, such as the first of its kind 7-axis robotic paint shop. This factory ensured that there was no difference in quality between the CBU and CKD units.
Further batches of CKD Proton X70 are being delivered, which was made possible by the normalization of business activity in Malaysia, which allowed the resumption of production of CKD kits.
Al-Haj is the only OEM delivering the units during these unprecedented times which have seen a massive devaluation of PKR and restrictions placed on opening on LC for import of CKD kits by SBP.
Despite all the challenges faced by Al-Haj, efforts have been made to streamline the supply of CKD kit shipments to Pakistan to ensure regular and on-time deliveries for customers who have been waiting for their Proton vehicles for quite a long time. .


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Automakers fear major drop in rural sales ‘due to flooding’ – Business https://1cplusplusstreet.com/automakers-fear-major-drop-in-rural-sales-due-to-flooding-business/ Sat, 27 Aug 2022 23:22:10 +0000 https://1cplusplusstreet.com/automakers-fear-major-drop-in-rural-sales-due-to-flooding-business/ KARACHI: After slumping sales in July, auto assemblers are painting a grim demand scenario in the coming months due to flash floods in various rural parts of the country that have destroyed standing crops and producers’ homes. A large volume of motorcycles and four-wheeled vehicles are sold in rural areas where small and large producers […]]]>

KARACHI: After slumping sales in July, auto assemblers are painting a grim demand scenario in the coming months due to flash floods in various rural parts of the country that have destroyed standing crops and producers’ homes.

A large volume of motorcycles and four-wheeled vehicles are sold in rural areas where small and large producers earn their living from various crops.

Road Prince Motorcycle CEO Sohail Usman says sales of Chinese assemblers’ bikes have been depressed in recent months due to high prices and could drop at least 50% in sales over the same period. Last year.

He said a large number of buyers in rural areas would not be lifting new bikes due to the already steep rise in the cost of living, adding that the real impact would be more visible in the next two to three months. .

Pakistan Motorcycle Assemblers Association (APMA) chairman Mohammad Sabir Sheikh said about 50 pieces of two-wheelers have been sold in rural areas. The floods reportedly destroyed standing crops of vegetables, cotton, bananas, etc.

Additionally, farmers are also storing wheat for future consumption and the floods have washed away their main food staple.

As soon as the situation improves, people affected by the floods will buy food first and resume construction of their houses depending on government assistance instead of focusing on buying automobiles, which which would slow overall auto sales over the next two months.

Mr Sheikh said rural buyers would be reluctant to buy a new bike given the devastation to the road network, which can take months to repair.

According to an analyst briefing held in the last week of May, the share of rural purchases in total sales of Pak Suzuki Motor Company Ltd (PSMCL) is 40%.

PSMCL public relations manager Shafiq Ahmed Shaikh told Dawn that much of the sales will be affected due to the recent flooding. “We expect the government to also consider relief for the automotive sector.”

A Korean car assembler said a dire situation arose after the floods and there would be a significant impact on sales. He said plantings of all kharif crops would be delayed in addition to impacting farmers’ incomes.

An official from Honda Atlas Cars Ltd said their sales were majority in urban areas.

According to Topline Securities, total car sales, including non-members of the Pakistan Automotive Manufacturers Association (PAMA), reached 14,000 units in July, down 59% month-on-month and 52 % year over year due to production issues. price, low purchasing power of people and less working days due to Eidul Azha holiday.

Overall two- and three-wheeler sales fell to 96,162 units in July from 145,197 in the same month in 2021. Honda, Suzuki and Yamaha sold 80,067, 3,512 and 1,261 units respectively in 1MFY23 from 100,002, 2,715 and 1,607 units from a year ago.

Posted in Dawn, August 28, 2022

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Stocks lose more weight – Markets https://1cplusplusstreet.com/stocks-lose-more-weight-markets/ Fri, 26 Aug 2022 00:35:51 +0000 https://1cplusplusstreet.com/stocks-lose-more-weight-markets/ KARACHI: Pakistan’s stock market remained range-bound throughout the day on Thursday on worries about rising inflation and political noise. The market opened on a positive note but lackluster activity was seen. In the last hour of trading, profit taking was seen across the board, which pushed the index into the red zone. The benchmark KSE-100 […]]]>

KARACHI: Pakistan’s stock market remained range-bound throughout the day on Thursday on worries about rising inflation and political noise.

The market opened on a positive note but lackluster activity was seen. In the last hour of trading, profit taking was seen across the board, which pushed the index into the red zone.

The benchmark KSE-100 hit an intraday high of 43,458.92 points and an intraday low of 42,961.23 points before closing at 43,032.57 points, down 305.40 points or 0.70 %.

Trading activity remained weak as total daily volumes on the Lending Desk declined to 208.115 million shares from 256.479 million shares traded on Wednesday, while total daily traded value on the Lending Desk fell to 7.783 billion rupees against 8.747 billion rupees the day before.

BRIndex100 lost 31.97 points or 0.73% to close at 4,321.68 points with total daily turnover of 171.078 million shares.

BRIndex30 fell 108.19 points or 0.68% to close at 15,743.81 points with total daily trading volumes of 95.093 million shares.

Foreign investors, however, remained net buyers of shares worth $501,086. The total market capitalization decreased by Rs 46 billion to Rs 7.151 trillion. Out of a total of 343 active scrips, 209 closed negative and 110 positive while the value of 24 shares remained unchanged.

WorldCall Telecom was the volume leader with 18.598 million shares but lost Rs 0.03 to close at Rs 1.32, followed by Hascol Petroleum which closed at Rs 6.74, down Rs 0.08 with 10.506 million shares. PIAC (A) fell slightly by Rs 0.38 to close at Rs 4.97 with 9.304 million shares.

Sanofi-Aventis and Reliance Cotton were the main gainers rising by Rs 79.70 and Rs 37.05 respectively to close at Rs 1,349.70 and Rs 531.05 while Sapphire Textile and Colgate Palmolive were the main losers, decreasing by Rs 64.33 and Rs 24.97 respectively to close at Rs 1,057.00 and Rs 2,375.00.

An analyst from Arif Habib Limited said the market remained constrained throughout the day on concerns over rising inflation and political noise. The benchmark KSE-100 opened in the positive zone but lackluster activity was seen. In the last hour of trading, profit taking was seen across the board, which pushed the index into the red zone. Volumes remained dry in the main draw, although strong volumes were seen in third tier stocks.

Sectors contributing to performance were Energy (down 142.4 points), Fertilizers (down 32.0 points), E&P (down 28.4 points), Banks (down down 27.6 points) and technology (down 25.0 points).

BR Automobile Assembler Index fell 75.16 points or 0.77% to close at 9,637.79 points with total turnover of 867,030 shares.

BR Cement Index fell 56.19 points or 1.27% to close at 4,486.48 points with 10.840 million shares.

The BR Commercial Banks Index lost 26.57 points or 0.29% to close at 9,108.26 points with 21.539 million shares.

The BR Power Generation and Distribution Index plunged 296.57 points or 4.88% to close at 5,785.36 points with 30.493 million shares.

The BR Oil and Gas Index edged down 22.59 points or 0.56% to close at 4,002.23 points with 17.019 million shares.

BR Technician. & Com. The index closed at 3,844.63 points, down 27.83 points or 0.72% with 39.477 million shares.

An analyst from Topline Securities said Pakistani stocks closed on a negative note where the benchmark KSE-100 index came in at 43,032, down 0.70%.

After a slight positive open, profit taking was seen on the stock exchange, where the market hit an intraday low of 377 points. The main decliners in the trading session were ENGRO, MEBL, BAHL, MCB and MARI, which added up the KSE-100 index by 87 points.

Copyright Business Recorder, 2022

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Lillian J. Kane, 102, formerly of Marlborough Lillian J. Kane, 102, formerly of Marlborough https://1cplusplusstreet.com/lillian-j-kane-102-formerly-of-marlborough-lillian-j-kane-102-formerly-of-marlborough/ Wed, 24 Aug 2022 18:15:54 +0000 https://1cplusplusstreet.com/lillian-j-kane-102-formerly-of-marlborough-lillian-j-kane-102-formerly-of-marlborough/ worcester – Lillian J. (Flanagan) Kane, 102, of Worcester, formerly of Marlborough, died on Sunday August 21, 2022 at her home. She was the daughter of the late Michael F. and the late Lily (Beausoliel) Flanagan. She was predeceased by her husband William P. Kane, her brothers Francis Flanagan and Robert Flanagan, and her sister […]]]>

worcester – Lillian J. (Flanagan) Kane, 102, of Worcester, formerly of Marlborough, died on Sunday August 21, 2022 at her home. She was the daughter of the late Michael F. and the late Lily (Beausoliel) Flanagan.

She was predeceased by her husband William P. Kane, her brothers Francis Flanagan and Robert Flanagan, and her sister Mary Louise Rossi.

Lillian was born in Marlborough, MA, where she graduated from Marlborough High School. She attended cosmetology school in Boston, then worked in the old Charm Shop in Marlborough before moving into manufacturing assembly at Raytheon in the 1960s. Lillian was later employed at Data General and was considered a pioneer employee, badge number 78.

She started as an electronics assembler, moving to warehouse where she later became a supervisor until her retirement in 1985.

Lillian got her driver’s license at the age of 66, following the death of her husband, and she didn’t stop driving until she was in her early 90s. She was a an avid gamer and continued to participate in candlelight bowling until the mid-1990s. In her later years, she enjoyed playing bingo and rummikub with her friends at Tantuck Park. She loved to travel, especially to vineyards with her granddaughter. She loved sports and almost never missed a Boston Bruins, Boston Red Sox and New England Patriots game. Above all, she loved her grandchildren and great-grandchildren.

Lillian is survived by her son, Edward F. Kane and his wife Linda of Greensboro, NC, and her daughter, Kathleen Johnson of Worcester, MA. She is also survived by her grandchildren, Jill Clark and her husband Courtney of Greensboro, NC; Lisa Bandsuch and her husband, Michael and son Nicholas of High Point, North Carolina; Jeffrey Kane and his wife Karen of Westminster, MA; Caitlyn Gentilucci and her husband Jared of Rutland, MA; Melissa Rodriguez and her husband Andrew of Rutland, MA; and Ashley Johnson of Worcester, MA. She is also survived by her 5 great-grandchildren, Cailin Clark, Connor Clark, Kyleigh Kane, Emma Rodriguez and Liana Rodriguez.

Visiting hours will be Friday, August 26, 2022 from 5:00 p.m. to 7:00 p.m. at Slattery Funeral Home, Inc., 40 Pleasant Street, Marlborough, MA 01752. A funeral mass will be celebrated on Saturday, August 27. , 2022, at 10:00 a.m. at St. Matthias Church, Marlborough, MA. Interment will follow at Evergreen Cemetery, Wilson Street, Marlborough, MA.

In lieu of flowers, donations may be made to Framingham Heart Study, 73 Mt. Wayte Avenue, Framingham, MA 01702, or St. Jude’s Children’s Research Hospital, 501 St. Jude Place, Memphis, TN 38105 or www.stjude . org.

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