See all posts by Cliff D’Arcy Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Cliffdarcy has no position in any of the shares mentioned. The Motley Fool UK has recommended Lloyds Banking Group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! The FTSE 100 is down 20%, but this FTSE 100 share has halved. I’d buy it today! “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address Simply click below to discover how you can take advantage of this. Image source: Getty Images Cliff D’Arcy | Wednesday, 22nd July, 2020 | More on: LLOY Our 6 ‘Best Buys Now’ Shares I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. On Monday, I argued that the FTSE 100 has been a serial underachiever all the way back to the start of this century. The point of my history lesson was to show that although the index has disappointed, a few FTSE 100 members have done exceptionally well.The FTSE 100 has been a flopTo continue my history lesson, here’s how the UK’s main market index has performed over three recent time periods (excluding dividends):5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Six months: -16.5%One year: -17.7%Five years: -19.9%Note again that these FTSE 100 returns don’t include regular cash dividends. Adding dividends of, say, 4%+ a year will improve these results, possibly into a modest positive return for the FTSE 100 over the past half decade. Huh.But the FTSE 100 is just an averageAt its current level of 6,218, the FTSE 100 also stands 19% below its 2020 high (7,675 on 17 January) and 21% below its all-time high (7,877 on 22 May 2018).That said, it’s important to note that, as a market index, the FTSE 100 tracks the aggregate value of its members. Its levels don’t tell you anything about how any individual member has performed. Of course, some of these companies have been bright stars, while others have been complete dogs.Lloyds has been a huge flopAmong the dirty dogs of the FTSE 100, Lloyds Banking Group (LSE: LLOYD) stands out for its superior loss-making abilities. Here’s how the Lloyds share price has performed over five time periods:Six months: -46.9%One year: -46.3%Two years: -51.2%Three years: -55.6%Five years: -65.2%As you can see, over all five holding periods, Lloyds has been a truly awful share to own. Indeed, over the past five years, it sits fourth from bottom among all FTSE 100 shares. Given this awful performance, it’s a wonder that Lloyds still has any shareholders at all.The past is done. Look to the future.Once upon a time, in early 2007 and before the global financial crisis of 2007–09, the Lloyds share price hovered around £4. But that’s ancient history now, as both Lloyds and the financial world have changed drastically over the past 12 years.As a value investor, I look at the Lloyds share price today and wonder how much lower it could go. For the record, this year’s low was 27.1p on 14 May and, at 30.3p now, Lloyds is up 11.8% since.Lloyds is now valued at £21.6bn – a fraction of its peak value, but a business powerhouse nevertheless. For now, the bank is in a world of pain, with UK loan defaults and losses set to soar. Likewise, near-zero interest rates, combined with soaring unemployment and falling house prices, are bad news for FTSE 100 banks. Also, earnings for 2020 could be totally wiped out – and there’s still Brexit to come.Then again, Lloyds has several low-risk, high-quality, profitable businesses under its bonnet, including the UK’s largest mortgage book. The bank also holds a huge buffer of capital to offset Covid-19 losses. What’s more, economic recovery as the coronavirus abates will eventually trigger the return of Lloyds’ formerly chunky dividend.In short, in the hope of the return of a decent dividend, I’d buy Lloyds today, grit my teeth and hold on for dear life!
Bar Council Of India Moves Karnataka HC Challenging 25% Domicile Reservation In NLSIU [Read Petition]
News UpdatesBar Council Of India Moves Karnataka HC Challenging 25% Domicile Reservation In NLSIU [Read Petition] Mustafa Plumber12 Aug 2020 12:14 AMShare This – xThe Bar Council of India (BCI) has moved the Karnataka High Court seeking to declare that the National Law School of India (Amendment) Act, 2020, which permits 25 percent horizontal domicile reservation for students of Karnataka, as ultra vires to the Constitution of India. The petition claims that without prior consultation of the BCI, the State has enacted the amendment to the Act,…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Bar Council of India (BCI) has moved the Karnataka High Court seeking to declare that the National Law School of India (Amendment) Act, 2020, which permits 25 percent horizontal domicile reservation for students of Karnataka, as ultra vires to the Constitution of India. The petition claims that without prior consultation of the BCI, the State has enacted the amendment to the Act, providing for horizontal domicile reservation across General, Scheduled Caste and Scheduled Tribes categories. Based on this, the National Law School of India University (NLSIU) has issued a revised notification on seat matrix and provided horizontally 25 percent reservation for students of Karnataka and 5 percent concession on the general merit cut off score. The petition further states that the state that this amendment has nullified the judgement of the Karnataka High Court in the case of Lokasha vs Convener, Common Law Admission Test (CLAT-2009). Further, it is said that the State of Karnataka has not provided domicile reservation in its own State Law University, thus subjecting NLSIU to such hostile discrimination. It is also said that the amended Act is a serious interference and infringement into the statutory functioning of the petitioner (BCI). The petition argues that from the year 1996 to 2017, NLSIU has produced 20 Rhodes scholars, out of those seven are from Karnataka. The true national character of the institution is manifest not just in its statutory declared objectives but in practice and its governance structure. In March, the Karnataka State Assembly passed the National Law School Of India (Amendment) Act, 2020, which received the Karnataka Governor’s assent on May 4. As per this amendment, NLSIU should reserve horizontally twenty-five percent of seats for ‘students of Karnataka’.The amendment inserts the following proviso in Section 4 of the National Law School of India Act :- “Notwithstanding anything contained in this Act and the regulations made thereunder, the school shall reserve horizontally twenty-five percent of seats for students of Karnataka.” As per the explanation of this section, “student of Karnataka” means a student who has studied in any one of the recognized educational institutions in the State for a period of not less than ten years preceding to the qualifying examination.” The plea also prays for setting aside the revised seat matrix for BA LLB (Hons) and LLM Programmes issued by NLSIU by issuing the notification dated August 4. Two other petitions filed by individuals raising the same challenge will be heard on August 13, by a bench headed by Justice Krishna Dixit.Click here to download petitionRead Petition Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Story