Transformational 2020 sees Flutter revenue reach £4.40bn

first_imgOn a pro-forma basis – factoring in The Stars Group’s contribution for the entire 2020 calendar year, as well as counting Stars Group revenue for year-on-year comparisons – revenue was up 27.0% at £5.26bn. Once sales and marketing expenses of £991m, plus £884m in other operating expenditure and £95m of corporate costs were factored in, Flutter’s adjusted earnings before interest, tax, deprecation and amortisation (EBITDA) grew 109.2% to £889m. The operator’s chief executive Peter Jackson described the year as “historic” for the business. The addition of brands such as PokerStars, Sky Betting & Gaming and Fox Bet to its portfolio helped revenue grow 105.5% year-on-year to £4.40bn on a like-for-like basis.  Turning to Australia, Flutter’s Sportsbet brand benefitted from customers migrating online as a result of Covid-19, signing up 675,000 new players during the year.  Turning to outgoings, cost of sales across all divisions significantly rose as a result of the business’ expansion, more than doubling to £1.54bn. Thanks to the significant growth in like-for-like revenue, however, gross profit remained up significantly at £2.86bn. However, it admitted that Covid-19 restrictions continued to affect its retail businesses, with British shops unlikely to open in April, and its Irish estate liable to remain closed until May. This was resulting in a £5m monthly EBITDA loss in Britain, and a £4m loss in Ireland.  Full year results 2020 2nd March 2021 | By Robin Harrison Looking at like-for-like revenue breakdown, Flutter generated £2.73bn from sportsbook operations, up 63.5%, while gaming revenue soared 253.7% to £1.67bn. Revenue was up significantly year-on-year for its Sky Betting & Gaming, PokerStars, Australia and US divisions, though fell for the British and Irish-focused Paddy Power Betfair arm.  For Paddy Power Betfair, revenue declined 2.2% to £1.29bn, with a strong online performance dragged down by retail’s struggles. Its Paddy Power shops were closed for around 38% of the year as a result of novel coronavirus (Covid-19), it said, resulting in the channel’s contribution falling 35.9% to £200m.  “While the tax is yet to be ratified, if it does come into force we believe it would effectively make the German online gaming market commercially unviable for regulated operators,” it said. That tax rate could hit its bottom line by between £15m and £25m, if it is brought in from 1 July.  Amounts wagered on sports across both channels fell 16.3% to £5.85bn, and despite an improved net revenue margin of 10.5%, revenue came in below 2019’s total, at £813m. This was partially offset by a 12.6% rise in gaming revenue to £481m.  The online-only Sky Betting & Gaming fared better, despite stakes for the year falling to £4.17bn. For that operation, a significantly improved net revenue margin of 13.6% resulted in betting revenue growing 33.5% to £590m.  Flutter noted that its horse racing brand TVG performed particularly well, benefitting from the fact that racing continued at a time when Covid-19 forced the suspension of other sports.  Tags: Betfair FanDuel Flutter Entertainment PokerStars Sky Betting and Gaming Paddy Power Sportsbet Peter Jackson “Overall, we are very pleased with the momentum in our business as we continue to build our recreational player base globally and look forward to the future with confidence,” Flutter added. Regions: Europe Oceania UK & Ireland US Australia This was comprised largely of gaming, which accounted for £1.16bn of the total. Poker revenue was up 38% in the first half of the year, though casino surged 51% over the same period. Sports betting, on the other hand, saw revenue rise 12.3% to £64m, on stakes of £748m. Online, despite struggling in the first half of the year amid the cancellation of sporting events, recovered in the second half, to grow revenue 8.2% to £1.09bn. Once an increased contribution of £385m from gaming was factored in, Sky Betting and Gaming revenue was up 32.5% at £975m.  Transformational 2020 sees Flutter revenue reach £4.40bn This led to amounts wagered jumping 43.9% to £9.71bn, and revenue climbing 57.9% to £1.08bn. Like Paddy Power Betfair, growth occurred in the second half of the year, and a condensed sporting calendar of events postponed during H1.  Topics: Casino & games Finance Sports betting Strategy Online casino Full year results 2020 Results 2020 Horse racing Online sports betting Retail sports betting M&A Looking ahead to 2021, the operator said the momentum that built in the second half of 2020 had continued into the new year. Growth in player volumes across all divisions, coupled with favourable sporting results, had helped group revenue grow 36% ahead of the prior year for the seven weeks to 21 February.  Furthermore, it noted that 2021 profits could face a hit in Germany, where proposals to impose a 5.3% turnover tax for online poker and slots is under discussion. However the biggest advances were reported in the US, with revenue soaring 80.1% to £695m. This division, comprising the FanDuel, Fox Bet, TVG, PokerStars and Betfair Casino brands, saw sportsbook revenue grow to £458m on stakes of £4.41bn, with gaming revenue up 288.5% to £237m.  Flutter Entertainment’s revenue more than doubled on a like-for-like basis in 2020, after the operator completed its acquisition of The Stars Group and bought out minority shareholders of FanDuel. Subscribe to the iGaming newsletter In a year that saw the poker vertical enjoy a resurgence under lockdown, PokerStars also posted year-on-year growth in revenue. This segment, covering the brand’s operations in non-British and US markets, reported revenue of £1.23bn, a 20.3% improvement on 2019.  As a result Flutter’s pre-tax profit plummeted to just £1m for the year. After £35.8m in income taxes, this resulted in a net loss of £34.7m for the year.  Email Address Depreciation and amortisation expenses of £213m – up 46.9% – then left an adjusted operating profit of £676m, more than double the prior year’s £281m total. At this point, steep rises in other outgoings hit the operator’s bottom line.  This reflected the contribution of The Stars Group from 5 May, the date the merger completed. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Net interest expenses climbed to £110m, while Flutter also reported £565m in separately disclosed items, related to The Stars Group acquisition. These comprised charges related to the amortisation of acquired intangibles, as well as restructuring and deal costs, partially offset by a VAT refund related to wrongly-paid fees for gaming machines in betting shops. last_img read more

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Equity Bank Limited (EQTY.ke) HY2010 Presentation

first_imgEquity Bank Limited (EQTY.ke) listed on the Nairobi Securities Exchange under the Banking sector has released it’s 2010 presentation results for the half year.For more information about Equity Bank Limited (EQTY.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Equity Bank Limited (EQTY.ke) company page on AfricanFinancials.Document: Equity Bank Limited (EQTY.ke)  2010 presentation results for the half year.Company ProfileEquity Bank Limited is a financial services institution in Kenya providing banking products and services for the personal, commercial and corporate sectors. The company offers a full-service offering ranging from transactional accounts and digital banking to school fees collection, custody investment and group accounts, trade finance, asset finance and microfinance loans. Equity Bank (Kenya) Limited is a subsidiary of Equity Group Holdings Limited and its head office is in Nairobi, Kenya. Equity Bank Limited is listed on the Nairobi Securities Exchangelast_img read more

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African Distillers Limited 2011 Abridged Report

first_imgAfrican Distillers Limited (AFDS.zw) listed on the Zimbabwe Stock Exchange under the Beverages sector has released it’s 2011 abridged results.For more information about African Distillers Limited (AFDS.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the African Distillers Limited (AFDS.zw) company page on AfricanFinancials.Document: African Distillers Limited (AFDS.zw)  2011 abridged results.Company ProfileAfrican Distillers Limited manufactures, distributes and markets branded spirits, ciders and wines for the Zimbabwe market and for export. The founding company was established in 1944 and its activities originally centered around the sale and distribution of imported spirits, liqueurs and wines. Local production of a range of spirits commenced in 1946 and African Distillers Limited became a public-quoted company in 1951. African Distillers offers its customers a first-class distribution service, with six depots located in strategic economic hubs in Zimbabwe (Bulawayo, Harare, Kwekwe, Masvingo, Mutare and Victoria Falls). Its headquarters, manufacturing plant, warehouse and distribution facilities are in Stapleford, an industrial area on the outskirts of Harare. African Distillers is listed on the Zimbabwe Stock Exchangelast_img read more

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McNichols Plc (MCNICH.ng) Q32020 Interim Report

first_imgMcNichols Plc (MCNICH.ng) listed on the Nigerian Stock Exchange under the Food sector has released it’s 2020 interim results for the third quarter.For more information about McNichols Plc (MCNICH.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the McNichols Plc (MCNICH.ng) company page on AfricanFinancials.Document: McNichols Plc (MCNICH.ng)  2020 interim results for the third quarter.Company ProfileMcNichols Consolidated Plc manufactures, packages and markets a range of fortified sugar products in Nigeria. This includes granulated sugar, cube sugar, icing sugar and baking sugar. The company also produces a range of chocolate powder and custard powder. The company’s head office is in Lagos, Nigeria. Mcnichols Consolidated Plc is listed on the Nigerian Stock Exchangelast_img read more

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2 UK stocks I’d buy for a K-shaped recovery

first_img 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. See all posts by Edward Sheldon, CFA 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. Image source: Getty Images Edward Sheldon owns shares in Boohoo and Keystone Law and has a position in Fundsmith.  The Motley Fool UK has recommended boohoo 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. Simply click below to discover how you can take advantage of this. Edward Sheldon, CFA | Monday, 15th February, 2021 | More on: BOO KEYS center_img Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” In terms of the shape of the economic recovery ahead, I believe there’s a good chance it will be ‘K-shaped.’ With this form of recovery, some areas of the economy get stronger, while others get weaker.Fundsmith portfolio manager Terry Smith appears to share my view. In his recent letter to investors, he wrote that the concept might “help to explain what may happen.”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…Here, I’m going to discuss two UK stocks I’d buy for a K-shaped recovery. In my view, both are well placed for the ‘new normal’.An online retailer for a K-shaped recoveryOne UK stock that strikes me as a good way to play a K-shaped economic recovery is online fashion retailer Boohoo (LSE:BOO). While high street retailers have struggled over the last year, its sales have exploded. For the four months ended 31 December, for example, revenue was up 40%.Boohoo has a number of things going for it at present. Firstly, it’s benefitting from the shift to online shopping. Between now and 2025, online fashion sales are expected to boom.Secondly, it’s benefitting from a number of lifestyle trends. The increased focus on health and wellness is boosting demand for athleisure wear. Meanwhile, the increase in the number of people working from home is boosting demand for loungewear.Boohoo has made a number of acquisitions recently that could boost growth significantly. Last month, it acquired the Debenhams brand. This month, it has picked up the Dorothy Perkins, Burton, and Wallis brands. The company believes these brands strengthen its position as a leader in the global fashion and beauty e-commerce markets.There are some risks to be aware of here. One is integration risk. There is no guarantee the recent acquisitions will be successful. Another is a potential UK tax on online retailers. There’s also some valuation risk, as the forward-looking P/E of 35 doesn’t leave a huge margin of safety.Overall however, I see a lot of appeal in Boohoo shares. I see it as a good play for a K-shaped recovery.A UK disruptorAnother UK stock that I believe could do well in a K-shaped recovery is Keystone Law (LSE: KEYS). It’s an innovative platform-based legal firm that allows its lawyers to work remotely and is therefore very scalable. Last year, it was named ‘Law Firm of the Year’ at the Lawyer Awards.Keystone posted a very encouraging trading update last month in which it advised that trading throughout December and early January had been “exceptionally strong”. As a result of this performance, the group advised that adjusted profit before tax for the period would be “materially ahead” of market expectations.Looking ahead, Keystone is expected to keep growing. City analysts expect the company to generate revenue and net profit growth of about 10.4% and 9.8% respectively this financial year.KEYS shares currently trade on a forward-looking P/E ratio of about 40. This means there is certainly some valuation risk here. If future performance is poor, the shares are likely to fall. It’s also worth noting that this is a small-cap company with a market cap of less than £200m. Stocks of this size can be highly volatile.All things considered, however, I think this growth stock looks attractive. I see it as a good one to own in my portfolio for a K-shaped recovery. Enter Your Email Address 2 UK stocks I’d buy for a K-shaped recovery Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!last_img read more

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Drew Mitchell catches the ball between his feet after Leigh Halfpenny penalty

first_imgMonday Jun 17, 2013 Drew Mitchell catches the ball between his feet after Leigh Halfpenny penalty Drew Mitchell and the Waratahs got used to standing behind their posts on Saturday as they conceded five tries and Leigh Halfpenny slotted eight kicks at goal. Early on Mitchell made things a bit more interesting, showing a great piece of skill as he caught the ball between his feet.You may have missed it live, but we’ve had many requests as it was clearly quite impressive.His good mate Adam Ashley-Cooper caught one behind the back recently, which was also from a Halfpenny kick, and in the past John Eales was known to get up high and catch the ball before it went over. That was since outlawed, despite it being good fun to see whenever it happend.This is just a little something extra that you might enjoy seeing, and trying during your next game.View highlights from the Waratahs vs Lions matchADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error See it to Believe it Related Articles 25 WEEKS AGO WATCH: Experts explain what actually happens… 26 WEEKS AGO WATCH: Leigh Halfpenny makes yet another… 26 WEEKS AGO Parisse alley-oop magic sets up brilliant… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyGranny Stuns Doctors by Removing Her Wrinkles with This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living10 Types of Women You Should Never MarryNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

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Villa Kapla / YAJ Architects

first_img “COPY” Projects “COPY” ArchDaily ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/92358/villa-kapla-yaj-architects Clipboard Save this picture!Courtesy of YAJ Architects+ 9 Share Architects: YAJ Architects Area Area of this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/92358/villa-kapla-yaj-architects Clipboard CopyHouses•Stockholm, Sweden Swedencenter_img Villa Kapla / YAJ ArchitectsSave this projectSaveVilla Kapla / YAJ Architects Year:  Text description provided by the architects. Villa Kapla is a three story, split-level house, based on the logic of Kapla planks. It’s an organic, yet rectangular, wooden building, sitting on one of the hillsides of the island of Lidingö in Stockholm. According to the logic of Kapla, we started out spatializing the programme by stacking wooden blocks – where the interior rooms because of their number, square footage or potential views demanded it, blocks would cantilever, resulting in a number of randomly protruding volumes. A combination of sustainable design, heavy insulation and clean-tech also make Villa Kapla a low energy house.Save this picture!Courtesy of YAJ ArchitectsVilla Kapla replaces a small house at Lidingö in Stockholm to accommodate a large family, where the parents are also working from home. There were three given input parameters from the client for our design work: A clean, right-angled, contemporary expression, a larch cladding and a reuse of the basement structure of the original house. By means of the children’s Kapla planks we summarized the client’s intentions.Villa Kapla is continuous and coherent in terms of color and material. Except for its steel detailing, the building has one single exterior material: Solid wood, which also covers the floors on the two upper levels. The first level floors are all covered with a rough but shimmering, grey slate from Offerdalen, which is also found on all bathroom floors, as window-sills and as tops of the double-sided fireplace, that semi-separates the dining room and the living room. Save this picture!Courtesy of YAJ ArchitectsThe walls and ceilings have one single nuance of white, except for parts of the walls of the private niches of the third level, which, in contrast, have expressive colors chosen individually by each family member. There are two lighting principles throughout the house: One general and one specific. There are mobile, directable spotlights both in the indoor spaces and in their continued sections outdoor under cantilevered building volumes. In specific places electrical points in the ceiling allow for hanging or ceiling mounted more feature type of lamps. As all of our work, Villa Kapla is done with green ulterior motives. The house has generous windows and glass doors connecting the interiors of the house visually to immediate intimate outdoor spaces as well as to the distant hilly landscape. During the summer the glazed openings are protected from excessive solar heating by the cantilevering building volumes. The lower sun angle of the wintertime lets the warming sun energy into the house, where it’s stored in the massive masonry of the fireplace. Save this picture!Courtesy of YAJ ArchitectsClean-tech, heavy insulation and natural materials give the client added value in the form of low heating costs and a healthy indoor climate. A vegetable garden right next to the kitchen allows for an eco-lifestyle, along with spaces designated for composting and separation at source of household waste. The house is a three-story split-level building of totally 350 m2. The public zones of the two lower floors of the house are all given gradual transits to adjacent garden spaces. The third floor is the family’s more private sphere of bedrooms, bathrooms, parents’ workplace and a shared family room. A large portion of parents’ time spent at home is generally related to meals. Luckily, cooking is the favorite pastime of both parents in Villa Kapla. Therefore the kitchen is located on an entresol in the very center of the house – on the middle floor and adjacent to the entrance-atrium and stairwell. Here the family has visual contact and control over the street and the entire public section of the home, including major parts of the garden. In the kitchen there is room for cooking as well as for mingle, homework and play. Save this picture!Courtesy of YAJ ArchitectsFor us at YAJ architects, a home is a place that is both relaxing and inspiring, that fills those who reside there with a pleasant feeling of elation. A home is also a place for both the everyday and the festive. And, necessarily, it’s a machine for living, that makes the living logistics of even a large family as smooth and enjoyable as is humanly possible. We sincerely refuse any opposition between function and aesthetics! We consider spaciousness a quality in itself. We often strive to enlarge the experience of spaces, by means of continuity in form, material and view, and by means of contrasting grand and intimate spaces. Spatial surprise, when the whole cannot be grasped visually in one glance, is another of our tools for enlarging the experience of space. Save this picture!PlanRather than the traditional Western distinct separating of rooms and functions, we generally prefer continuous spaces provided with series of niches that can be screened off to various degrees – visually, acoustically and/or physically – depending on the specific needs for privacy or isolation. In our work, as in Villa Kapla, this idea often include gradual transits between indoor and outdoor spaces, as well as buildings growing in summertime and shrinking during cold winters. In Villa Kapla, as in all of our work, we have aimed at a contemporary architecture – without compromising on ecology and a high degree of coziness.Save this picture!ElevationProject gallerySee allShow lessThe Dedalo Minosse International Prize for Commissioning a BuildingArticlesMoon Bridge / JAJA Architects.Articles Share Area:  350 m² Year Completion year of this architecture project 2010 Houses Villa Kapla / YAJ Architects CopyAbout this officeYAJ ArchitectsOfficeFollowProductWood#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesWoodStockholmHousesSwedenPublished on December 01, 2010Cite: “Villa Kapla / YAJ Architects” 01 Dec 2010. ArchDaily. Accessed 12 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogHandshowerhansgroheHand ShowersVinyl Walls3MVinyl Finish- DI-NOC™ Glass FinishPartitionsSkyfoldIntegrating Operable Walls in a SpaceCommunications2NIntercom – 2N® IP VersoCurtain WallsIsland Exterior FabricatorsPace Gallery Envelope SystemMetal PanelsTrimoModular Metal Wall – Qbiss OneConcreteSika3D Concrete PrintingMetal PanelsLorin IndustriesAnodized Aluminum – Gun Metal Grey with Arconic Tectur-Al™GlassDip-TechCeramic Printing for Public TransportationBeams / PillarsBlumer LehmannTimber Construction in Cambridge MosquePorcelain StonewareCeramiche KeopeCeramic Tiles – 9Cento MosaicTiles / Mosaic / GresiteRakoFloor and Wall Tiles – Serie PiazzettaMore products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

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18 House / Khuon Studio + Phan Khac Tung

first_img 18 House / Khuon Studio + Phan Khac Tung CopyHouses•Ho Chi Minh City, Vietnam ArchDaily Photographs:  Hiroyuki Oki, Thiet Vu Manufacturers Brands with products used in this architecture project Architects: Khuon Studio, Phan Khac Tung Area Area of this architecture project Save this picture!© Hiroyuki Oki+ 50 Share Area:  18 m² Photographs Vietnam “COPY” Houses CopyAbout this officeKhuon StudioOfficeFollowPhan Khac TungOfficeFollowProductsWoodConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesHo Chi Minh CityVietnamPublished on September 07, 2017Cite: “18 House / Khuon Studio + Phan Khac Tung” 06 Sep 2017. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogWoodTechnowoodPergola SystemsWindowsMitrexSolar WindowMetal PanelsAurubisPatinated Copper: Nordic Green/Blue/Turquoise/SpecialCommunications2NIntercom – 2N® IP BaseSkylightsLAMILUXGlass Skylight FE Pyramid/HippedConcreteKrytonCrystalline Waterproofing – KIMWood Boards / HPL PanelsBruagWall Cladding – MDF Perforated PanelsStonesMikado QuartzQuartz Slab – ClassiqueFloorsFranken-SchotterFlooring Panels – Dietfurt LimestoneWindowspanoramah!®ah! CornerFittingsSaliceStorage Accessories – Excessories, Pull- outArmchairs / Couches / Futons / PoufsEmuSeating System – TamiMore products »Save想阅读文章的中文版本吗?占地仅有18平方米住宅,如何实现家庭宜居?18 House / Khuon Studio + Phan Khac Tung是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Manufacturers: Lixil Corporation, Caesar, MallocaSave this picture!© Hiroyuki OkiText description provided by the architects. 18 House is located in a calm dead-end alley in Ho Chi Minh City, Vietnam, owned by a young couple with a kid. The plot is a relatively small rectangle of 18 sqm which had challenged the architect to bring out the best of this limited area to provide the clients with a qualitative living space. This was also the only design brief we had received upon starting the project. Therefore, we approached the design with a goal to strike a balance between utilizing the space to its fullest and interpreting the creative freedom that we had been given.Save this picture!SketchWithin the height restriction, we aimed to achieve more than just 3 floors. As a result, we did not follow the conventional solution of having one vertical communication core throughout. We instead worked with a system of a staircase running along the periphery to take advantage of the space underneath for storage cabinets, toilets, and bathrooms. Furthermore, this staircase placement also opened up to a considerably sizeable vertical space for bunk bed or reading loft.Save this picture!© Hiroyuki OkiIn order to maintain the airy atmosphere, the stair balustrade was simplified as much as possible. In terms of the safety issue for the kid, rope nests can always be added in the future when she starts learning to walk. Despite almost facing a shortage of living space, we still wanted to devote several spots for greeneries to ease off the heavily cramped character of the alley context. Master bedroom and reading loft are both adorned by a shared plant bed while the rooftop is utilized as a mini veggie garden.Save this picture!© Hiroyuki OkiThe exterior design was developed based on the notion of porosity. The architectural envelope facing the alley is comprised of a system of slits with various heights which can be operated separately. This means the users can very well control the ventilation level of the house by selecting a specific number of windows to open. In total, they take up approximately 50% of the washed-terrazzo facade.Save this picture!© Hiroyuki OkiBesides, these openings help maintain the privacy level whilst at the same time keep the interior space exposed to daylight. The thickness of the exterior wall where the bedroom might be affected by the Eastern sun from 9 am to 11 am was doubled and sculpted with a triangular profile. This diagonal detail deflects the sun’s rays and keeps the room shielded from being over-heated during the hot season in Ho Chi Minh city.Save this picture!© Hiroyuki OkiWe also thought about boosting the adaptability quality of the house. In the long run, It is possible to install a loft above the parking area on the ground floor thanks to the double height of this entry level. By having applied various methods aiming to fully maximize the space, we do hope the house will gradually reveal more of its charm to the users through time. And on top of it all, we believe architecture serves a higher purpose of comforting people’s life regardless of the size of their plot.Save this picture!© Hiroyuki OkiProject gallerySee allShow lessRothschild Tower / Richard Meier & PartnersSelected ProjectsCo-Sharing Office / Andyrahman ArchitectSelected Projects Share 18 House / Khuon Studio + Phan Khac TungSave this projectSave18 House / Khuon Studio + Phan Khac Tung Projects ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/879146/18-house-khuon-studio-plus-phan-khac-tung Clipboard “COPY” ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/879146/18-house-khuon-studio-plus-phan-khac-tung Clipboardlast_img read more

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Affiliates raise money selling videos

Blackstar, the online video retailer, is offering an affiliate programme to UK charities. Participating charities can earn income by directing their Web site visitors to buy videos from Blackstar.Their Shared Customer Programme pays 5% on sales generated. Unlike other affiliate programmes, any further purchases made by such customers also generated a 5% payment to the affiliate charity.Find out more from Blackstar and read UK Fundraising’s coverage of Internet affinity programmes. Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Howard Lake | 3 March 2000 | News  17 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Affiliates raise money selling videos read more

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Central Park 5: Merry-go-round for justice

first_imgOutside the courtroom, July 23. WW photo: Anne PrudenFor the umpteenth time, another “Central Park 5” court hearing/status conference was adjourned on July 23. Again, the Manhattan courtroom was filled with supporters, including New York state Sen. Bill Perkins; City Councilmember Charles Barron’s assistant; and Sharrone Salaam, the mother of Yusef Salaam, one of the “Five.”In 1989, five Black and Latino teens, known as the Central Park 5, were arrested and charged with raping a white woman in New York City’s Central Park. Confessions were coerced out of them. They were prosecuted, found guilty and served between six and 13 years in prison. In 2003, their convictions were overturned and they were exonerated of the crime.Ten years ago, the Five, now men in their 30s, filed a federal civil rights lawsuit against the city of New York and its police department for false arrest, malicious prosecution, wrongful conviction and imprisonment, and violation of their civil rights. They are Kevin Richardson, Yusef Salaam, Raymond Santana, Antron McCray and Khorey Wise.Attorneys for the men have been battling the legal team of the city’s Corporation Counsel, which has for over a decade been denying any wrongdoing on the part of the New York Police Department or the district attorney’s office. Both the mayor’s office and the police commissioner have refused to even apologize to the five victims, whose family lives have been devastated.One of the many tactics used by the city is a proposal to investigate the possibility that the Central Park 5 acted in conjunction with the actual rapist, Matias Reyes, who confessed to the crime and whose DNA matched; and to also question the validity of the rapist’s confession. Despite the matching DNA and Reyes’ confession, in 2002, the police commissioner, Raymond Kelly, continued to portray the innocent Central Park 5 as guilty.There continue to be denials of wrongdoing by the city. And the court costs to the taxpayers caused by the delays continue to rise.There are outstanding issues and topics that still need to be discussed. There are also documents to be obtained and filed, including scheduled depositions on both sides.The case is still in pre-trial status. The city is still performing its elaborate dance on many federal cases and no settlement offer has been made on the Central Park 5 lawsuit. The next status conference is scheduled for Sept. 17 before Judge Ronald Ellis.Today, Black youth and men continue to be off the U.S.’s priority list. They have been viewed as wage slaves, like all workers, for exploitation. Now, these youth are enslaved in prison, in record numbers, for superprofits. The struggle for liberation continues.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

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