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Should Haitian International Holdings (HKG:1882) Be Disappointed With Their 30% Profit?

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The simplest way to invest in stocks is to buy exchange traded funds. But you can significantly boost your returns by picking above-average stocks. To wit, the Haitian International Holdings Limited (HKG:1882) share price is 30% higher than it was a year ago, much better than the market return of around 9.7% (not including dividends) in the same period. That’s a solid performance by our standards! Longer term, the stock is up 25% in three years.

Check out our latest analysis for Haitian International Holdings

To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it’s a weighing machine. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.

Over the last twelve months, Haitian International Holdings actually shrank its EPS by 26%.

Given the share price gain, we doubt the market is measuring progress with EPS. Since the change in EPS doesn’t seem to correlate with the change in share price, it’s worth taking a look at other metrics.

Haitian International Holdings’s revenue actually dropped 9.5% over last year. So using a snapshot of key business metrics doesn’t give us a good picture of why the market is bidding up the stock.

The image below shows how earnings and revenue have tracked over time (if you click on the image you can see greater detail).

It’s probably worth noting that the CEO is paid less than the median at similar sized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. You can see what analysts are predicting for Haitian International Holdings in this interactive graph of future profit estimates.

What About Dividends?

When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It’s fair to say that the TSR gives a more complete picture for stocks that pay a dividend. We note that for Haitian International Holdings the TSR over the last year was 34%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return.

A Different Perspective

It’s good to see that Haitian International Holdings has rewarded shareholders with a total shareholder return of 34% in the last twelve months. That’s including the dividend. That gain is better than the annual TSR over five years, which is 7.4%. Therefore it seems like sentiment around the company has been positive lately. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. If you would like to research Haitian International Holdings in more detail then you might want to take a look at whether insiders have been buying or selling shares in the company.

We will like Haitian International Holdings better if we see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on HK exchanges.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.

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Haiti’s Carnival Shooting, Florida Primary History, Solar Energy & Everglades Black History

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On this Tuesday, Feb. 25, episode of Sundial:

Haiti’s Carnival shooting 

A protest in Haiti over police pay and working conditions ended in an exchange of gunfire between Haiti’s National Police force and the country’s armed forces.

February is meant to be a celebratory time in Haiti, with Carnival bringing tens of thousands of Haitians to the streets of Port-au-Prince, but on Sunday the mood was anything but celebratory. The Miami Herald’s Jacqueline Charles has been following the violence in Haiti and joined Sundial to talk about how the government has responded. 

Florida primary election history

On March 17, Floridians will head to the polls and vote in the state’s primary election. More than a decade ago Florida moved its primary day to January, but the state’s delegates were penalized. The Florida primary is now after Super Tuesday, which is usually in early March. 

Dr. Susan Macmanus, a University of South Florida politics professor and political analyst, joined Sundial to talk about the history of the Florida primary and share her analysis on this year’s presidential election.

Read more: Are You Voting In The 2020 Florida Primary? What Issues Do You Care About Most?

Florida’s P.A.C.E Energy Program

Solar investment in Florida jumped 150 percent in part because of the Property Assessed Clean Energy Program or P.A.C.E, a loan-like program that helps Floridians install solar panels, according to a study by the University of Southern Florida.

The Miami Herald’s Alex Harris has been reporting on the program and joined Sundial to talk about the concerns that have been raised about P.A.C.E because of the lack of consumer protections. 

Florida’s Maroon Communities 

The exhibition “The Four Moments of the Sun: Hidden Lands of Florida’s Maroon Communities,” presented by Artists in Residence in Everglades, features photographs and maps of the locations where, during the late 1700s and 1800s, enslaved Africans escaped into the Florida wilderness of the Everglades and formed their own communities.

“I have the most utmost respect for the process they [freedom seekers] went through when they had no idea if they would succeed,” says Jeanine Michna-Bales, a Dallas-based photographer who took the photographs. 

She joined Sundial to talk about the history of black communities in South Florida and what her photographs represent. The exhibition is on display at the AIRIE Nest Gallery in Everglades National Park until Aug 30. 

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15 Killed in Fire at Haiti Orphanage Run by US Church…… | News & Reporting

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A fire swept through a Haitian children’s home run by a Pennsylvania-based Christian nonprofit group, killing 15 children, officials said Friday.

Rose-Marie Louis, a child-care worker at the home, told The Associated Press that the fire began around 9 p.m. Thursday and firefighters took about 90 minutes to arrive. The orphanage had been using candles for light due to problems with its generator and inverter, she said.

About half of those who died were babies or toddlers and the others were roughly 10 or 11 years old, Louis said.

Late Friday afternoon, police raided another home also run by the Church of Bible Understanding and took away several dozen children in a bus over protests from employees.

The fire happened at the group’s orphanage in the Kenscoff area outside Port-au-Prince, the Haitian capital.

“It could have been me,” said Renadin Mondeline, a 22-year-old who lived in the home with her son, now 6, for about two years until she started making enough money as a street vendor to start renting her own place to live last year. “These little girls inside were just like my baby.”

Rescue workers arrived at the scene on motorcycles and didn’t have bottled oxygen or the ambulances needed to transport the children to the hospital, said Jean-Francois Robenty, a civil protection official.

“They could have been saved,” he said. ‘‘We didn’t have the equipment to save their lives.’’

The Associated Press has reported on a long-standing series of problems at the two children’s homes run by the Church of Bible Understanding.

“‘We are aware of the fire in the children’s home in Haiti,” said Temi J. Sacks, a spokesman for the group, which is based in Scranton, Pennsylvania. “It would be irresponsible for us to comment until after all the facts are in.”

The Church of Bible Understanding lost accreditation for its homes after a series of inspections beginning in November 2012. Haitian inspectors faulted the group for overcrowding, unsanitary conditions, and not having enough adequately trained staff.

Members of the religious group were selling expensive vintage building fixtures like banisters and chandeliers at high-end stores in New York and Los Angeles and using a portion of the profits to fund the homes.

The Associated Press made an unannounced visit to the group’s two homes, holding a total of 120 kids, in 2013 and found bunk beds with faded and worn mattresses crowded into dirty rooms. Sour air wafted through the bathrooms and stairwells. Rooms were dark and spartan, lacking comforts or decoration.

The Church of Bible Understanding operates two homes for nearly 200 children in Haiti as part of a “Christian training program,” according to its most recent nonprofit organization filing. It has operated in the country since 1977. It identifies the homes as orphanages but it is common in Haiti for impoverished parents to place children in residential care centers, where they receive lodging and widely varying education for several years but are not technically orphans.

“We take in children who are in desperate situations,” the organization says in its tax filing for 2017, the most recent year available. “Many of them were very close to death when we took them in.” The nonprofit reported revenue of $6.6 million and expenses of $2.2 million for the year.

Associated Press journalists Evens Sanon reported this story in Port-au-Prince, AP writer Michael Weissenstein reported from Havana and AP writer Ben Fox reported from Washington.


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How a ND couple helps an island community

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What began as a soccer academy for kids has grown into a mission to empower an entire community in the island nation of Haiti thanks to the efforts of a couple in North Dakota.

“I grew up in Haiti and in Haiti, there’s a lack of opportunity,” said Ricardo Pierre-Louis/Founder of Lespwa Lavi.

But Ricardo and Nika Pierre-Louis are changing that.

The Bismarck couple founded Lespwa Lavi… it means “Hope for Life”. But before they began bringing hope to Haiti, Ricardo was a boy growing up in Haiti himself. He was a soccer player, which gave him opportunities for scholarships and travel.

“So with that same path, I felt it was very very important to give back and help kids in Haiti. I wanted to provide school tuition for kids in Haiti,” said Pierre-Louis.

After starting the school tuition program, he partnered with a man named Duvelsaint. Together they created a soccer academy… and in 2016, plans were made to create Lespwa Lavi Academy, a bilingual school that will prepare students for university-level education.

And their horizons grew when the community of Verrettes saw another need.

“We had no real intention of starting a church or anything and I think in 2017 the people in Haiti said we have to start a church,” said Nika Pierre-Louis.

Built first from sticks, stones, and mud, the church has grown in membership, from 50 to 250. And now, Ricardo and Nika’s church in Bismarck is getting in on the growth.

“We knew immediately that it matched with our heart because it was not only reaching the orphan, it was not only reaching the poor, it was looking to spread the gospel of Jesus Christ,” said Bryce Meyer/Executive Pastor of Campus Ministries at Evangel.

Evangel’s support helped provide a full-time pastor for the Haitian church, along with an opportunity to build a larger, permanent church building. Ricardo and Nika say they’d like to see a “sister city” partnership between Bismarck and Verettes.

“The main goal…the main idea of Lespwa Lavi is to have a sustainable project,” said Ricardo.

It’s a big dream — and it’s coming to life in Haiti.

For more information on Lespwa Lavi go here.

_____

Video Credit: J.Morgan Legreid

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Poor Neighborhoods in Haiti Descend into Anarchy

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Venite Bernard’s feet are bloodied because she did not have time to get her shoes when she fled her home with her youngest children.

Bernard and her family lived in the poorest part of Haiti’s capital, where gunmen have been known to shoot people in their homes. Now they live safely inside the town hall of Cite Soleil in Port-au-Prince.

More than 200 other Haitians also are camped out there. They all fled part of what many civic leaders say is Haiti’s worst lawlessness in more than 10 years.

Bandits entered the homes of some people and beat them, and they were shooting,” Bernard said as she cried. “Everyone was running so I left as quickly as I could with the children.”

United Nations peacekeeping troops withdrew from Haiti in 2017 after 15 years. At the time, UN officials said the force had helped to re-establish law and order.

Haiti is the poorest country in the western hemisphere. Nearly 60 percent of the population survives on less than $2.40 a day.

But the withdrawal of the UN peacekeepers meant reduced security. Haitian police forces have been moved out of the area to provide security at protests against President Jovenel Moise.

“They have been unable to contain the activity of gangs as they might have wished,” said Serge Therriault, the UN’s police commissioner in Haiti.

A weak economy, rising inflation and a lack of investment in poorer areas has led to an increase in crime. Some neighborhoods have become places where everyone is afraid to go.

Diplomats fear the situation in Haiti represents a growing threat to that part of the Caribbean. They say it could affect migration, drugs and weapons trafficking.

The United States House of Representatives Foreign Affairs Committee held a hearing on Haiti on Tuesday, its first in 20 years.

Moise’s critics say he has lost control of the country and should resign. The president says the situation is already calming down and he will carry out his full term.

Haitians say gangs fight over neighborhoods where they demand “protection” money and carry out drug and arms sales.

Some politicians are using the gangs to repress or incite protests. They are also providing weapons and assisting the worst of the criminals, according to human rights experts and Haitians.

“When those in power pay them, the bandits stop the population from participating in the anti-government protests,” said William Dorélu, who lives in Cite Soleil. “When they receive money from the opposition, they force people to take to the streets.”

Both opposition leaders and the government deny the accusations.

Impunity Breeds Crime

Moise told the Reuters news agency last month he was trying to strengthen Haiti’s police force. He also said he had reestablished a committee to get gangs to disarm.

The president wrote in a statement to Reuters on Tuesday that accusations of violence will be investigated and brought to justice.

Critics accuse the president and his administration of failing to arrest gang leaders. The criminals feel free to do as they want and the police are too weak to stop them.

“Every time the police stop a gangster, there is always the intervention…to free them,” said Pierre Esperance. He directs Haiti’s National Human Rights Defense Network, RNDDH. The group watches for human rights violations.

Esperance spoke at the U.S. congressional hearing. He said that more than 40 police officers had been killed this year, compared with 17 in 2018.

One year ago, there was a massacre in the neighborhood of La Saline, where anti-Moise feelings are strong, rights activists say.

Over two days, gunmen killed at least 26 people while police failed to stop the violence, said a UN report. Eyewitnesses named in the report say they saw a government official with the gang. It is possible the gangs and government officials are working together, the UN wrote.

The government later dismissed the official, who denied any involvement. Neither he nor anyone else has been arrested or brought to trial over the massacre.

The information about the La Saline massacre “is in the hands of the justice system,” Moise told Reuters.

People living in La Saline say they feel abandoned.

“We never received an official visit after these events,” said Marie Lourdes Corestan. She found her 24-year old son’s body in a pile with other bodies.

There have been six massacres since Moise took office, said the RNDDH, the most recent one last month.

The U.N.’s Therriault said a recent lessening of protests is helping police officers get control of the security situation.

But many, including Bernard, say they are too afraid. She has not been able to find her two oldest sons.

“I hope my boys are not dead,” she said. “I wish for the end of this violence, and that God helps us to find somewhere to live.”

I’m Dorothy Gundy, and I’m Susan Shand.

The Reuters News Agency reported this story. Susan Shand adapted it for Learning English. George Grow was the editor.

________________________________________________

Words In This Story

town hall – n. a public building used for government offices and meetings

bandits n. criminals

hemisphere – n. half of an round object, such as a planet

gangn. a group of people working together on unlawful activities

accordingadv. as stated by or in

massacre – n. an event in which a large number of people are killed

abandonv. to give up control of another person or territory

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Haiti – Security : The DG of the PNH takes stock of the situation and calls for calm

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Haiti – Security : The DG of the PNH takes stock of the situation and calls for calm
25/02/2020 09:08:15

Haiti - Security : The DG of the PNH takes stock of the situation and calls for calm

On Monday, Rameau Normil, the Director General a.i. of the National Police of Haiti (PNH), accompanied by members of the High Command, met with the media to take stock of the current situation within the police institution.

From the outset, Rameau Normil, considered the police demands just and legitimate https://www.haitilibre.com/en/news-30077-haiti-flash-claim-of-the-police-the-government-sets-up-a-crisis-cell.html while asking them to keep calm and return to their duty station in order to continue to fulfill the mission that has been assigned to the PNH, which is to protect and serve the population as a whole recalling that the police institution was apolitical.

The Director General of the PNH condemned the incidents that occurred at the Champ-de-Mars Sunday, February 23 https://www.haitilibre.com/en/news-30102-haiti-flash-high-tension-at-champ-de-mars.html which have caused loss of life https://www.haitilibre.com/en/news-30109-haiti-flash-clashes-in-champ-de-mars-at-least-a-dozen-victims-provisional-assessment.html and expressed its sympathies to the families of the victims.

He recalled the provisions adopted by the authorities at the highest level to facilitate the improvement of the living and working conditions of all the police https://www.haitilibre.com/en/news-30100-haiti-flash-moise-s-promises-to-the-police-officers.html . He also mentioned the creation of a Facilitation and Dialogue Commission, made up of 5 members of the PNH, responsible for meeting all the protagonists of the crisis with the aim of determining reasonable ways and means for a sustainable return. institutional stability and public peace. This Commission has two weeks to submit its report

Members of the Commission :

  • Jean Gardy MUSCADIN (Inspector General)
  • Smith PAYOT (Inspector General)
  • Magalie BELNEAU (Curator)
  • Jean Mary Rosa LEONARD (Agent 4)
  • Michelson FORTUNE (Agent 3)


In addition, in a press note made public the same day, representatives of the unrecognized Syndicate of the National Police of Haiti, asked the police who have been demonstrating for a week now to return to their police station to start negotiations with authorities. On the other hand, these representatives warned any sector which would like to use the police movement to give it an orientation which does not correspond to its demands.

Remember that the police are demanding better working conditions, social benefits, respect for their constitutional right to organize and as a precondition the reinstatement of dismissed members by the PNH high command last week. https://www.haitilibre.com/en/news-30061-haiti-flash-5-police-officers-dismissed-for-indiscipline-attack-on-the-honor-of-the-pnh-and-acts-of-vandalism.html

See also :
https://www.haitilibre.com/en/news-30112-haiti-security-meetings-of-the-high-command-of-the-fad-h-and-the-pnh.html
https://www.haitilibre.com/en/news-30111-haiti-flashthe-ministry-of-justice-evoke-an-attempted-coup.html
https://www.haitilibre.com/en/news-30109-haiti-flash-clashes-in-champ-de-mars-at-least-a-dozen-victims-provisional-assessment.html
https://www.haitilibre.com/en/news-30103-haiti-security-message-from-the-secretariat-of-the-high-command-of-fadh.html
https://www.haitilibre.com/en/news-30102-haiti-flash-high-tension-at-champ-de-mars.html
https://www.haitilibre.com/en/news-30100-haiti-flash-moise-s-promises-to-the-police-officers.html
https://www.haitilibre.com/en/news-30077-haiti-flash-claim-of-the-police-the-government-sets-up-a-crisis-cell.html
https://www.haitilibre.com/en/news-30069-haiti-flash-panic-and-violent-demonstration-of-police-offciers-in-port-au-prince.html
https://www.haitilibre.com/en/news-30061-haiti-flash-5-police-officers-dismissed-for-indiscipline-attack-on-the-honor-of-the-pnh-and-acts-of-vandalism.html
https://www.haitilibre.com/en/news-30051-haiti-flash-police-protesters-set-fire-to-champ-de-mars.html

HL/ HaitiLibre

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