text:
1130 1st Street South

Winter Haven, FL 33880

Call Today!

Mon Sat: 9:00AM - 7:00PM

Closed Sunday

Solar Energy Specialist

Creating Energy Independence

Find Out How Much You Would Save With Solar Now!

  • James Reid
    - Google

    Hi, I have been using my Solar energy system for about 1 month. What a wonderful investment. I am making excellent power with my... read more

    Ricardo Perez
    - Google

    I am basing this review on the “All you can eat” package. I had Solar panels installed, water heater replaced, HVAC unit replaced, and I added... read more

    Marcy Hatten
    - Google

    We had 12 quotes, they was not the cheapest, but when you see 1 and 2 star reviews on the 2 companies that were... read more

  • Joei Davis
    - Google

    We've had a great experience with Solar Energy Specialist Corp since the beginning. When we requested for a quote, the representative that came over to our... read more

    Steve Simpson
    - Google

    Solar Energy Specialist Corp provided our 9.1kw solar panel system. They had the best price, quoted a "high end" solar panel, did not apply any... read more

    David Rodrigues
    - Google

    Just wanted to share the great experience I had with Energy solar specialist very nice people it was a pleasure working with you guys highly would... read more

  • Ruth Montes
    - Google

    We are so delighted to have worked with this company. I am very picky when it comes to sales approach and what I loved about Gary... read more

    Richard Martin
    - Google

    Worked with Terry, and was very impressed with his knowledge and professionalism. He followed up quickly on all of my questions as well scheduling the install... read more

    Amanda Rubin
    - Google

    Solar Energy Specialists are the best in the biz! We received a quote from various other companies and that’s it, a quote. The Solar Energy team... read more

  • William Ruiz
    - Google

    I am pleased to recommend Solar Energy Specialist Corp. My solar panels were installed in a timely manner and without major setbacks. Gary Bouthner and his... read more

    Benjamin .Ty Jones
    - Google

    Solar Energy Specialist Corp is a fantastic company that strives to save you money on your electric bill, provide you with energy efficient equipment (they hooked... read more

    Angel Fragoso
    - Google

    Any time i hit a problem an contacted this company they jumped on it an got it corrected right away. I never felt left out as... read more

Your Solar Energy Specialist in Florida, Arizona & North Carolina

Solar Panel Installation In Alafaya

How To Pick the Best Alafaya, FL Solar Installers Near Me

Solar energy panels continue to improve. The systems to install and maintain them continue to improve too. It’s important to hire the best Alafaya, FL solar installers near me to deliver the best results. A Alafaya solar panel installation requires expertise.

Solar panels sit on a home’s roof for 20 to 25 years. This is extra weight that lives on a space that receives consistent exposure to the outdoor elements. Healthy roofs are an integral component of your home. Most last between 25 to 75 years, depending on the material.

Experienced solar installers are roofers and installers. At least, they understand how to install the panels in a manner that doesn’t impact the roof. Before the installation takes place, they examine the top of your home. They’re ensuring that the roof can handle the panels. Plus they’re looking for the places that receive the most sun exposure.

Placing the solar panels in spaces that receive constant shade from nearby trees isn’t optimal. You receive a plan of action from the installers. Consider trimming some trees to make space for a panel, or you can opt to place the panels in a different spot.

The best installers explain the maintenance required for the panels. If you already keep up with regular roof maintenance, you are on your way to maximizing the benefits of solar panels. If you’re interested in panels but don’t schedule regular roof service, you’ll get into the habit.

Your panels receive exposure to the same elements as the roof. Everything that lands on the roof, lands on the panels. It’s important to clear the roof and panels of debris, dust, and branches to keep both in good shape.

These tidbits are reasons why you’re required to hire the best Orange solar panel installers.

Let’s take a look at a brief guide to help you hire the best Alafaya, FL solar installers.

Solar Panel Installation Experience

All trade professionals complete education and experience requirements. The trades require hands-on learning more than other professions. A degree is not as important as completing an apprenticeship in these fields. These professionals must demonstrate they understand the subjects they learned at a trade school or two- to a four-year classroom program.

When you hire Alafaya, FL solar installers near me, double-check that the team possesses solar panel installation experience.

Energy organizations recommend that homeowners hire installers with at least three years of experience with solar equipment.

Roofers and heating, cooling, and ventilation professionals complete education requirements. The education portion ensures that they nail down basic concepts. It measures their learning abilities, testing abilities, and problem-solving skills. This phase prepares them for the apprenticeship. It also prepares them for their future licensing tests.

The average roofing apprenticeship program in Florida lasts three years. During this time, they learn from a veteran roofer. Solar installers follow the same protocol. You can confidently hire installers who have at least three years of experience. It’s best to hire installers who have worked on solar projects in the lead role. Professionals who accrued a combination of lead solar installation experience and apprenticeship experience are viable candidates too.

You’ll find that a solar panel installation crew might bring veteran installers and an apprentice. These fields pass their skills to the next generation by taking them to field sites to gain first-hand experience.

A solar equipment installation combines more than one field of knowledge. These professionals assess your roof and install the panels according to industry standards. In a sense, installers of solar equipment consist of an additional specialty. Roofers maintain, service, and replace roofs. Solar installers combine roof knowledge with solar equipment knowledge.

If you have ever hired a construction crew to renovate, upgrade, or replace a major component of your home, you noticed a few things. For example, if you renovate a room, a crew consists of several members. The entire crew doesn’t work at the same time. Each crew member arrives at the site when their skills are next in turn. An electrician arrives at the site after the room’s frame is completely installed. A plumber arrives when the drywall is dry and it’s time to dig the corresponding.

Every phase in a construction project has a timeline. To maximize effort, the right specialist arrives when needed.

It’s the same notion for a professional who installs Alafaya, FL solar panels. The rigging system that holds panels in its place continually sees improvements. The improvements keep the panels safe and protect the roof.

If you opt for any standalone panels, professionals still require the experience to install them correctly. The panels must reside in safe spots where the sun shines the most.

Three years of experience means that the professional understands the panels, how to install them, and has a passion for their expertise. If they made it through the attrition period, the professional is most likely in it for the long haul.

Licensing and Certification

All Florida solar installers near me require proper licensing. Professionals who install, alter, repair, maintain, relocate, or replace solar panels require a license. If an installing crew brings several members to the site, each has its own skill set and duties. The one who installs the panels may not be the one who repairs them. A crew may also bring an apprentice to the site who participates in all activities to gain experience.

Since solar panel technology continues to evolve, professionals must stay on top of the trends and updates.

Licensing ensures that the professional completes the hands-on and education requirements. It helps homeowners find a worthy installer faster. Licensing tells you that the professional maintains a degree of responsibility. These business owners renew their licenses regularly. They have the funds to renew the license and memory. They’re not facing legal complications or other matters that prevent them from acquiring the certification.

Resume of Happy Solar Panel Customers

Completing due diligence is a time-consuming task. If you take the time to research, you hire professionals more likely to complete a project on time and at the budget they quoted you.

It also helps to find Orange solar installers near me who maintain a resume of happy solar panel customers.

Part of due diligence is finding referrals. When someone refers a professional to you, it means that they’re willing to stand behind the work of the professional. If something goes sideways, it reflects on the individual who gave you the referral.

Solar panel installers who churn out stellar work display the accolades given to them by their customers. Most professionals in the trade business have an online presence. Successful installers don’t need a stellar social media presence or top 10 blogs, but it helps when they provide online reference material for their services.

An estimated 90% of the American population completes an online search before hiring professionals or purchasing a product. Online professionals have developed several tools for businesses to promote their company, services, and products.

Online search engines help companies promote their products and services. They offer integrated tools that sync company reviews with their websites. You should review some reviews before you hire a professional. Online marketing industry insiders believe that consumers should pay attention to four- and two-star reviews the most.

These reviews give honest feedback in terms of compliments and criticisms. After reading them, you’re better equipped to hire any installers. You know what others said about their service and final product; it’s up to you to decide if you’re OK with the information.

Professional installers take pride in their work. They display the reviews on their website and social media accounts as a transparency tool. Any work completed on a property is an investment. You invest a hefty sum because it’s going to last at least one decade to several. The tradeoff is the upfront costs. In return, you receive work that doesn’t require a replacement or repair before the first half of its life is complete.

As you complete your due diligence, it makes sense to comparison shop. Every home seller doesn’t sell to the highest bidder. Some sell to a high bidder that clicked with them on a personal level. The seller agrees to the purchase offer from a buyer who will fit in with the rest of the neighborhood. The same logic applies to service providers.

A stellar Orange solar panel installer commands a higher fee for their services. An installer who gets the job done to the fullest needs more credibility, so the operation lowers its fees to attract more clients. It’s a trade-off between fees and service.

Installing solar panels is not a small task. It’s best to go with the company that maintains its license requirements, displays a resume of happy customers and comparable fees.

Experience Installing the Best Solar Panel Equipment

Trade fields that install, repair, and replace equipment, such as HVAC units, roofs, and solar panels work with manufacturers. At the least, they work with sales representatives from those manufacturers.

The equipment each company installs tells you a lot about their company and philosophy. Some companies work with one equipment manufacturer and no other. This tells you that they believe in those products 100%. An arrangement like this often reflects support for a local manufacturer. Since both businesses rely on local businesses, they maintain a relationship that helps each other grow in the area. If you believe in supporting your local economy, this is an attractive feature.

Solar panel manufacturers are still gaining traction. Some brands remain well-known because they manufacture other products, such as HVAC units. When you’re completing your due diligence, consider the products the solar installer carries. Check out the ratings of the equipment, the reviews, and the prices. Again, you’re seeking a balance between all components.

Sometimes the most expensive product is the best product. When you go to the grocery store, you can pick between the national cookie brand and the store cookie brand. Each has a distinct taste, and one is cheaper. The price difference reflects the difference in taste. Each uses a different recipe to differentiate themselves from the competition. Sometimes the less expensive brand does the trick. Other times it does not.

Reputable solar installers guarantee their work. They don’t guarantee the products, however, Instead, they go over the manufacturer’s warranty with you. So, it’s a good idea to research the warranty. Most household appliances outlive their warranty. If an appliance is going to poop out on you, it does within the first two months. Otherwise, you’re set to ride it out with the appliance.

The same goes for large investments, such as solar panels. In rare cases, they stop operating as intended after their warranty period and before their expected lifespan expires. Otherwise, they stop working within the warranty period or well after.

Ideally, you’ll accept equipment from a manufacturer that doesn’t have to pay out on warranty claims often. It’s a lot of paperwork and time. Reputable manufacturers complete the warranty period without hassles. They send a replacement promptly and pay for the reinstallation.

As you research Alafaya, FL solar installers near me, consider the products that they install. You should be comfortable with the brand, price, warranty, and expected lifespan.

To hire our Solar Energy Specialist solar installers near me, contact our team at 866-407-2047. We complete Alafaya, FL solar installations to your satisfaction. You can view our services and past Orange solar panel installation projects online by visiting our website.

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1130 1st Street South

Winter Haven, FL 33880

Call Today!

Mon Sat: 9:00AM - 7:00PM

Closed Sunday

Solar Energy Specialist

Creating Energy Independence

Find Out How Much You Would Save With Solar Now!

  • James Reid
    - Google

    Hi, I have been using my Solar energy system for about 1 month. What a wonderful investment. I am making excellent power with my... read more

    Ricardo Perez
    - Google

    I am basing this review on the “All you can eat” package. I had Solar panels installed, water heater replaced, HVAC unit replaced, and I added... read more

    Marcy Hatten
    - Google

    We had 12 quotes, they was not the cheapest, but when you see 1 and 2 star reviews on the 2 companies that were... read more

  • Joei Davis
    - Google

    We've had a great experience with Solar Energy Specialist Corp since the beginning. When we requested for a quote, the representative that came over to our... read more

    Steve Simpson
    - Google

    Solar Energy Specialist Corp provided our 9.1kw solar panel system. They had the best price, quoted a "high end" solar panel, did not apply any... read more

    David Rodrigues
    - Google

    Just wanted to share the great experience I had with Energy solar specialist very nice people it was a pleasure working with you guys highly would... read more

  • Ruth Montes
    - Google

    We are so delighted to have worked with this company. I am very picky when it comes to sales approach and what I loved about Gary... read more

    Richard Martin
    - Google

    Worked with Terry, and was very impressed with his knowledge and professionalism. He followed up quickly on all of my questions as well scheduling the install... read more

    Amanda Rubin
    - Google

    Solar Energy Specialists are the best in the biz! We received a quote from various other companies and that’s it, a quote. The Solar Energy team... read more

  • William Ruiz
    - Google

    I am pleased to recommend Solar Energy Specialist Corp. My solar panels were installed in a timely manner and without major setbacks. Gary Bouthner and his... read more

    Benjamin .Ty Jones
    - Google

    Solar Energy Specialist Corp is a fantastic company that strives to save you money on your electric bill, provide you with energy efficient equipment (they hooked... read more

    Angel Fragoso
    - Google

    Any time i hit a problem an contacted this company they jumped on it an got it corrected right away. I never felt left out as... read more

Your Solar Energy Specialist in Florida, Arizona & North Carolina

Solar Panel Installation In Doctor Phillips

7 Uses for Solar Energy After a Doctor Phillips, FL Solar Installation

Florida sees plenty of sun throughout the year. It receives so much sun that a Doctor Phillips solar panel installation is a no-brainer. Putting the sun’s energy to good use makes sense. The savvy homeowner takes advantage of the state’s climate.

Solar energy caught steam in the United States in the 2000s. Homeowners began installing the panels to reap the rewards, such as lower energy costs, increased home value, and energy independence. The panels remain popular as there’s still an opportunity to install them on your property. Moreover, engineers improved the solar energy panels and the costs have dropped.

Most professional Orange solar installers work with the best panel manufacturers. They install products with high ratings, budget-friendly prices, and warranties.

The following are seven uses for solar energy after a Doctor Phillips, FL solar installation.

Powering the Lighting

Once your home receives a fitting for the correct set of panels, you reap the benefits immediately. Homeowners install the panels to achieve energy self-sufficiency. Once they’re installed, solar energy powers your home’s lighting. This includes indoor and outdoor lighting.

The importance of proper residential lighting is real. It’s one way to prospect your family, yourself, and property. If you take a vacation, setting up the lights to turn on automatically in the evenings to act as a deterrent. Your neighbors might know that you’re away for the week, but those passing by don’t need to know it either.

You can program the lights to turn on for several hours in the evening without running up your electricity bill. Your home remains safe while you’re away and your energy costs won’t reflect the extra security.

Orange single-family homes produce modest energy costs in terms of lighting. If you own a larger home that spans several bedrooms, bathrooms, and floors, your lighting costs start to increase. This is when solar energy swings in your favor. Households with several members in small homes benefit from the alternative energy source.

All households use more lighting energy when the days are shorter in the fall and winter. Then there are the holidays. Family reunions eat up more lighting costs because all rooms consist of occupants at the same time. Plus if you’re someone who enjoys hanging Christmas lights, you know that they increase your energy bill.

Once you power your lights through solar panels, you won’t think twice about the amount of energy your lighting eats up. It’s covered, and it’s environmentally friendly too.

Heating a Home

The weather remains nice throughout the year in your neck of the woods. Nonetheless, there are evenings when you need to heat your home. Central heating, cooling, and ventilation systems eat up their fair share of energy. The furnace requires a good amount of energy to operate, especially if it’s older.

New HVAC units manufactured in the late 2010s are far more energy-efficient than their older counterparts. The newest models still required energy to operate.

When you heat your Doctor Phillips, FL home through solar energy, you can’t heat it to your heart’s desire. Energy departments at the state and federal level disperse indoor home heating regulations because the overwhelming majority of homeowners are on the grid. Once you go off-grid, it’s a different ballgame.

In 2019, the average Florida homeowner spent $130 on the monthly electricity bill. Fluctuations are depending on the season, temperature, and time spent at home. By becoming energy independent, you save that cost. Some areas produce extra electricity output and sell it to their local municipal provider, a nice bonus.

A solar panel installation means the days of sacrificing comfort are behind you. Of course, it’s a good idea to be conscious of the environment. When you produce your output, it’s a different set of regulations.

Cooling a Home

Cooling a home in Florida is more common. You reside in an area that the sun loves. Homeowners who install solar panels on their property use that love to their benefit.

The amount of energy it takes to cool your home has a direct relationship with its size.

If your home consists of a central HVAC unit, it’s not perfect. An estimated 25% of cooled-off air doesn’t reach its destination. It gets stuck in the vents, leaks through the vents, or gets shuttled to rooms that aren’t in use. You pay for that lost 25%. In addition, since the HVAC unit isn’t efficient, you run it longer to compensate for the missing output.

A home’s size also plays a large role in the cost of energy. Since heat rises, the second story of a home receives the brunt of hot, muggy summer days.

There are days when running the air conditioning unit continuously is a must. That’s why regions open cooling centers geared toward all residents, but more importantly, for children and older adults.

An HVAC unit isn’t the only cooling unit that eats electricity. If you utilize portable ACs, ceiling fans, and window units, they’re burning electricity too.

Installing solar energy panels on your property allows you the freedom to remain comfortable indoors. If you want to keep your temperature below the recommended temperature for extended periods, you can. A solar installation helps cool off your home without worrying about blackouts or brownouts.

Heating the Water Supply

The average household size in Florida is 2.66 persons. If your household consists of at least three members, you know that hot water is a cherished commodity. Household members use it to shower, but hot water is also needed for the laundry, washing dishes, and bathing the house pet.

Water heaters have evolved along with HVAC, solar panels, and smart home appliances. If your home consists of a 40-gallon tank, it can get dicey sometimes. New water heaters heat the supply on demand. Homeowners like the new model because it doesn’t require a lot of space.

Every homeowner picks the best water heating method for their household. Once you’ve picked it out, the method requires electricity. If you decide to use the on-demand approach, it taps into your electricity every time. It’s not necessarily a higher-cost method, but it’s still delivering a cost every month.

When you install a set of solar panels on your Doctor Phillips, FL property, you can heat the water on demand. You’re not sacrificing comfort, and you’re not sacrificing hot water. Whether your household uses the traditional water heating tanks or you opted for the newest technology, you can comfortably use hot water as needed. It’s another solar installation perk.

Heating a Swimming Pool

There is no shortage of things that require electricity in a household. Pools in Orange are common. Even on a hot day, the water isn’t going to heat itself with the help of the sun. It’s possible to install solar panels that directly heat the outdoor water. It’s also possible to heat the pool through the household’s electricity.

Solar panels offer an alternative method for heating the body of water that doesn’t run up your household’s electricity bill.

Professional installers take a look at the pool and determine how much solar panel is necessary to heat it. They do the same for the rest of your house. It’s important to place the panels in places where they’ll receive the optimal amount of sun. A professional ensures that a home receives the correct number of panels.

When you complete your research, you’ll notice that some homes have clusters of panels installed on the roof. It’s also possible to install single, large panels as standalone fixtures. Before the installation takes place, professionals examine the areas that receive the most sun throughout the day. Then they ensure that the roof is strong enough to handle the panels.

To heat a pool, a standalone panel is one option.

A heated swimming pool that doesn’t raise your household’s energy costs is among the several benefits solar panels offer.

Powering a Solar Oven

Solar panels benefit a household’s cooking routine too. If your home consists of a gas oven, you’ll continue incurring a separate charge from the gas company. Households with electric-based ovens benefit from the installation of solar panels.

Since the cooking appliance syncs to your home’s electricity, solar panels power it instead of the municipal source.

Another option some households adopt is the solar oven. Since Florida remains gifted by the sun throughout the year, it’s possible to enjoy more outdoor appliances, such as the solar oven.

Appliances powered by solar energy operate on sunny days and days when there’s no sun. The solar panels capture the energy and store it for a rainy day. During an installation, professionals won’t place panels in areas that received extended amounts of shade. The consistent shade impacts the effectiveness of the panel. However, the areas that receive sun throughout the day are a different story.

Ovens powered by solar energy live in places where they receive an optimal amount of sun. Once they’re installed, they help you cook, grill, and steam your meals.

In parts of the world where modern conveniences aren’t common, solar ovens help them prepare their meals.

Lighting a Garden

The bulk of solar energy in the United States helps households replace their municipal power source. It’s also possible to enjoy other solar-powered items, such as solar-powered garden lighting.

When you take a trip to your local hardware store chain, you’ll notice the gardening section has several beautification products. Solar-powered lamps are some gardening beautification items.

You plant the lamps in strategic spots that receive optimal amounts of sun. At night, you’ll notice that the lamps light up on their own. It’s a great way to see first-hand how solar energy works. The lamps diligently complete their job throughout the night. They recharge the following day when the sun comes back out.

These lights last three to four hours daily. It takes them a day to recharge. That night, they’ll light up your garden area for another round. Solar-powered garden lamps are small. The technology in rooftop solar panels allows them to absorb far more energy. This helps them power your home’s electricity without fail daily.

Solar lamps require replacement after 200 charges on average. Your garden lamp needs replacement after 200 charges or two years, whichever arrives first. The solar panels installed on your home’s roof require replacement once every 20 to 25 years. Several home appliances last that long too including the HVAC unit.

Garden lamps that operate on the sun’s rays allow you a glimpse into residential solar energy. It also helps you gain confidence in the technology that sparked scientific curiosity in the 1800s.

These are seven uses for residential solar power use. Creative homeowners will find several others. In a time when counties, regions, and states experience pressure on the electric grid, it’s nice to have a source independent of the chaos.

To turn your home into an efficient house, start with a Doctor Phillips, FL solar panel installation. We’ll complete your home’s professional Orange solar installation promptly. Give us a call at 866-407-2047 and our Solar Energy Specialist team will schedule an on-site appointment. To view our past solar projects, visit our website.

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Home buying and home financing under one roof

Huff Realty's affiliated mortgage lender Prosperity Home Mortgage is conveniently located inside each HUFF Realty office, with home mortgage consultants ready to answer all your home financing questions. Prosperity Home Mortgage is knowledgeable in purchase and refinance products, including FHA, VA, conventional, renovation, jumbo, and investment property financing.

Prosperity Home Mortgage contributes to delivering an exceptional home buying experience.

Mortgage Calculators
Standard & Government Issued Loans
First Time Home Buyer
Mortgage 101

Our mission is to provide credit-worthy customers with competitively priced residential mortgage financing. As a mortgage industry leader, we are committed to helping as many customers as possible enjoy the personal benefits of home-ownership. As a responsible lending leader, we work closely with customers to help them explore the home financing options that help meet individual budgets and home-ownership goals.

It is our corporate mission to create an extraordinary customer experience through the efforts of our knowledgeable and caring mortgage professionals where relationships are valued and the focus is on treating every client — that’s you — as if you were our only client. We’ll work closely with you throughout the financing process, helping provide valuable information so you can make informed decisions. And even after your loan settlement, our team of mortgage professionals is available to help with all your future home-financing needs.

About Prosperity Home Mortgage, LLC
Prosperity Home Mortgage, LLC, is a full service mortgage banker specializing in residential and refinance loans. Prosperity Home Mortgage offers a wide range of mortgage products, including fixed and adjustable rate mortgages, jumbo loans, Federal Housing Administration (FHA), Veterans Affairs (VA) loans, and renovation financing.

A Solid, Stable, and Strong Company
Prosperity Home Mortgage, LLC began in 2006 in the Carolinas and has expanded its operations across the Mid-Atlantic, Northeast and Mid-West. Prosperity Home Mortgage, LLC. has been ranked as one of the best mortgage companies in the nation by Mortgage Executive Magazine five years in a row. The publication spotlights the country’s leading lenders in its annual list of Top 100 Mortgage Companies in America 2017, and Prosperity earned a position in the top 50. Prosperity Home Mortgage, LLC. has also been recognized as one of the Top mortgage companies in the country by Scotsman Guide for the fourth year in a row in 2017.

All first mortgage products are provided by Prosperity Home Mortgage, LLC. (877) 275-1762. Prosperity Home Mortgage, LLC products may not be available in all areas. Not all borrowers will qualify. Licensed by the NJ Department of Banking and Insurance. Licensed by the Delaware State Bank Commissioner. Also licensed in Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nebraska, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, West Virginia and Wisconsin. NMLS ID #75164. (For licensing information go to: NMLS Consumer Access at http://www.nmlsconsumeraccess.org/)

© 2019 Prosperity Home Mortgage, LLC.

Mortgage Calculators    Affordability Calulator     Mortgage 101


text:
Home / Products / Bone & Joint Support / Liquid Calcium Magnesium Citrate with Vitamin D3 – STRAWBERRY FLAVORED

Liquid Calcium Magnesium Citrate with Vitamin D3 – STRAWBERRY FLAVORED

Gluten-Free Gluten-Free
Dairy-Free Dairy-Free
Kosher Kosher

Calcium provides the building blocks that help keep bones and teeth strong and healthy.* It also plays a role in proper function of the musculoskeletal and nervous systems.* Magnesium helps to regulate calcium transport and stimulates the secretion of calcitonin, a hormone that aids in the influx of calcium into bone.* Vitamin D aids in the absorption of calcium, which helps to maintain healthy bones and teeth.* Vitamin D also supports a healthy immune system.* This formulation provides Calcium, Magnesium and Vitamin D3 in a delicious and easy to absorb liquid form for daily supplementation.

†Adequate Calcium and Vitamin D as part of a healthful diet, along with physical activity, may reduce the risk of osteoporosis in later life.

SHAKE WELL before use. As a dietary supplement for adults, take one (1) tablespoon (0.5 fl. oz.) (15 mL) daily, with a meal, or as directed by a healthcare practitioner.

Serving Size: 1 Tablespoon (0.5 fl. oz.) (15 mL)
Amount Per Serving% DV
Total Carbohydrate2 g1%**
     Total Sugars
1 g***
         Includes 1 g Added Sugars 2%**
Vitamin D (as D3 cholecalciferol)500 IU63%
Calcium (as calcium citrate)600 mg46%
Magnesium (as magnesium citrate)300 mg71%

**Percent Daily Values (DV) are based on a 2,000 calorie diet.

***Daily Value (DV) not established.

Purified Water, Fructose, Natural Flavors, Citric Acid, Xanthan Gum.

Free of

Gluten, Wheat, Yeast, Salt, Artificial Flavors, Artificial Sweeteners, Artificial Colors

If you are pregnant, nursing, taking any medications or have any medical condition, please consult your healthcare practitioner before taking any dietary supplement. Discontinue use and consult your healthcare practitioner if any adverse reactions occur. Keep out of reach of children. Store unopened container at room temperature. Do not use if neck seal is missing, torn or damaged in any way. Refrigerate after opening.

Solgar’s KOF-K certification #K-1250

Size: 16 UPC 033984358331

This convenient multi-purpose formula supports the maintenance of good general health.*

Adequate calcium and vitamin D intake, as part of a healthful diet, along with physical activity, may reduce the risk of osteoporosis later in life.

Try this tasty formula today and experience the Solgar® difference.

The Gold Standard
Since 1947

For over 70 years Solgar® has been committed to quality, health, and well-being. Our ongoing mission is to create the finest nutritional supplements in small batches, made possible through tireless research, using only the finest raw materials.

When it comes to quality, Solgar® is The Gold Standard.

We continuously push ourselves to deliver to The Gold Standard.

  • Science-Backed Formulas
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  • Highest Quality Standards:
    USP Water Filtration, HEPA Air Filtration

At Solgar®, quality isn’t a word we use casually — it’s a way of life.

It has been our guiding principle since 1947 and is deeply ingrained in every step we take.


text:
Toronto Raptors become first team to have its own Nike athletic hijab

The Toronto Raptors have unveiled its latest partnership with Nike, and it’s for a line of athletic hijabs.

The Toronto Raptors Nike Pro Hijab is the first team-themed one and is available now. The Raps say it is “inspired by those brave enough to change the game.”

Nike carries a Pro Hijab line, which is described as a “durable single-layer power mesh, and its lightweight polyester features tiny holes for optimal breathability with a soft touch. The back of the hijab is elongated to ensure it doesn’t come untucked while you work out.” While the store carries a couple of designs, this is the first that has a team logo.

Following the announcement on Friday, The Hijabi Ballers project said they are honoured to partner with the Raptors to launch the new line. “We’re excited and humbled to partner with none other than the 2019 NBA Champions Raptors to present our mandate to the world — celebrating and increasing opportunities for Muslim girls and women in sport— as they launch the new Toronto Raptors Nike Pro Hijab,” said the Toronto-based group.

“Basketball is integral to our growing community in this cultural mosaic of a city. It allows us to come together and play, feel confident in our abilities, and be celebrated for who we are. We couldn’t be more proud of our athletes and their contribution to changing the culture around sport in the city; and a huge THANK YOU to Raptors for recognizing that.”

According to its website, The Hijabi Ballers project seeks to recognize and celebrate the athleticism of Muslim girls and women. Through their programs, they also work to increase representation, and consequently participation, of Muslim females in sport spaces and sports programs around the city.

Sports activist Shireen Ahmed called the new hijab “amazing.” “This is amazing. First NBA team to have a team specific hijab. I want ten,” she said on Twitter.

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A police force has seized more than 100 e-scooters during the first half of the year, and promised ongoing action to combat rule-breakers.

As well as confirming that 106 e-scooters were seized in its area between January and June, the force said further work to tackle illegal riders would address concerns around users putting others at risk.

Although e-scooters are legally available to buy, it is against the law to ride a privately owned one in public places including roads, parks or pavements.

West Midlands Police stressed that the only place a privately owned e-scooter could be used was on private land, with the landowner’s permission. A crackdown in Birmingham city centre on Monday saw police seize a further 14 e-scooters.

Voi e-scooters being trialled in Birmingham, Coventry and Sandwell are legal, but can only be ridden legally in places where people can use bicycles such as roads and cycle lanes.

Sergeant Jon Butler, of the West Midlands Police road harm prevention team, said: “The scheme being trialled has ensured there is an alternative and more environmentally friendly way to travel. However, e-scooters can be very dangerous if people use them illegally and dangerously.

“We want people to feel safe in our towns and cities and we’ll continue to take action against those who ignore the rules.”

The West Midlands Assistant Police and Crime Commissioner Tom McNeil said: “I’m concerned the Government has got itself in a mess with e-scooters. There doesn’t seem to be a consistent, clear message for people to follow.

“I’m also concerned some retailers are turning a blind eye to the law and are selling expensive e-scooters without warning customers they can’t ride them on public roads. I’d urge anyone who rents an e-scooter, as part of the trials taking place in our region, to do so safely, wearing a helmet and sticking to the roads and cycle lanes.

“Anyone who buys a private e-scooter should only ride it on private land with the owner’s permission. I’m grateful to West Midlands Police for taking tough action and for engaging with those riding them and educating them on the rules.

“I fully support looking at greener ways to travel around our towns and cities, but the Government must ensure safety isn’t compromised.”


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We offer a range of group programs designed to give you a greater sense of wellbeing, improve your health and strength and to help in the prevention of falls. Contact us to find out how the following programs can help you.

How to make a booking for a first appointment?

A booking can be made at any location by calling our Customer Connect Centre on 1300 203 077. We will advise you of the first available appointment which is suitable to you, discuss any questions you may have and advise where to park on the day.

Better Balance

If you have reduced balance, have had a previous  fall, would like more confidence or information to prevent decline in balance and function, this programme is structured to provide a progression of strength, balance and increase knowledge and confidence over a 10 week period. We can also teach you best techniques of how to get up and down off the floor which improves confidence or how to manage if you were to have a fall.

Balance Boost

This is great for anyone who has just finished the better balance course and would like to continue with more intensive balance training.  It is also suitable for those simply wanting to improve confidence.

Aquatic Therapy

You will love entering our heated hydrotherapy pool. The heat is useful for the treatment of ongoing pain and we can prescribe you a program individual to your needs. The buoyancy of the water can ease the pain of weight bearing, assist exercises making it more effective than exercising on land and also resist exercises making strengthening more challenging.

Aquatic Fitness

This program is tailored for people who have minimal limitations and want to work their whole body in a group. We do a range of strengthening exercises for the core, spine, upper and lower body incorporating many fun fitness activities followed by stretching.

Pilates is a form of exercise that incorporates the mind, body and function. You may choose to do Pilates to improve posture, core abdominal and spinal strength and to improve alignment and symmetry within the body. You can choose to do group mat classes, individual mat sessions or equipment sessions on the reformer.

Stroke Rehabilitation

If you have had a stroke and you would like therapy in a dynamic group setting this is for you. With the class being led by a Physiotherapist and an Occupational Therapist for different sections this 2 hour program, you will work on individual goals, perhaps aiming to improve strength and balance, facilitate effective movement and walking patterns and regain function. You can also choose to have individual rehabilitation with you’re your Physiotherapist and / or Occupational Therapist.

Parkinson’s Rehabilitation

We would love for you to join us in our Parkinson’s Rehabilitation group. This 10 week programme with ongoing exercise component, will work to improve strength, balance whilst along the way learning cues to facilitate movement and function with dynamic exercises suitable for people with Parkinson’s Disease. We do all this whilst making sure there is a strong social component so you can meet others in similar situations.

If you are a family member / carer you can also join in the exercise at a suitable level to challenge your individual needs whilst at the same time at learning tips to assist functional activities at home. Or book in for a massage whilst the class runs alongside meeting your wellness needs.

Cardiorespiratory Rehabilitation

Do you have heart of lung problems limiting function? Our Breather Breathers Programme runs for 6 weeks incorporating safe levels of exercise with educations sessions to learn all about your health condition and effective management. We tailor exercise programs to the individual and regularly involve Physicians to ensure we are working within safe boundaries. You will find many positive benefits from working within a group of people with similar health concerns and increase your confidence and independence to maintain functional activities at a higher capacity.

Orthopaedic Rehabilitation

We have back, knee, hip and shoulder classes we run on demand. These programs are suitable for those wanting to rehabilitate specific joints following injury or joint replacement / spinal surgery. We will reinforce post operative advice incorporate education with stabilizing and strengthening exercises relevant to your conditions. We often work with Orthopaedic Surgeons and under their prescription, especially in the early stages following surgery.

Hand Therapy

This group is suitable for people who have hand pain, limited movement or arthritis.  The wax bath provides increased relief from pain and ability to increase range of motion when performing stretching, coordination and strengthening exercises following.

Think Gym

Do you want to give your mind a workout? This group incorporates a range of fun and dynamic cognitive therapy processes within a range of activities to challenge our minds and memory.

Strength for Life

Are you over 50, fit active and want to attend a regular circuit based exercise class aiming to build and maintain strength. Strength for Life is an hour class developed by COTA, incorporating a social sense of fun whilst working hard to achieve personal goals. Read more here: /strength-for-life

Better Bones

This 60 minute exercise class is suitable for those who have a diagnoses of osteoporosis or osteopaenia or simply want to improve and maintain bone density. Targeted strength and weight bearing training has been shown to increase bone density. We follow precautions and individual limitations identified within assessment to ensure we provide safe exercise prescription.

Active Fitness

This is a 60 minute circuit exercise session that aims to achieve personal goals individual to you. You will move quickly between exercises, building strength, fitness, endurance and challenging balance with dynamic exercises.

Intermediate Fitness

This 45 minute instructed exercise session is suitable for those who are would like to alternate between standing and seated positions performing upper and lower limb strengthening and incorporating challenging balancing exercises in a safe manner at the end.

Beginner Fitness

This 30 minute seated exercise session runs as a small class and is suitable for many individuals who have significant reductions in balance levels and/or moderate loss of muscle strength. Individual assessment will identify your abilities and goals, we can then work towards them within a small group setting.

Zumba Gold

Are you looking for a fun, upbeat dance class tailored for the older adult? Zumba Gold recreates the original moves you love at a lower-intensity with easy-to-follow choreography that focuses on balance, fitness and coordination.

Tai Chi

Do you have arthritis and want a non impact land-based class that increases strength, flexibility and endurance without causing additional impact upon joints? Tai Chi is a peaceful martial arts class, using fluent integrated movements to improve coordination, balance and awareness of weight transference.

Punch Fit

This is an upbeat programme safely tailored to the older adult. Boxing movements are taught with a goal of improving one’s fitness, strength and reactive responses.

Fit for Travel

This 6 week programme runs across themes of travel, strengthening the body ready for your next holiday whilst giving tips to manage health conditions and common travelers complaints.

Chi Ball Gentle Moves

Do you want to try something different? Chi Ball is an exercise program that incorporates principles from Tai Chi, Chi Gong, Yoga, Pilates, Meditation and Deep relaxation.

By involving all these disciplines, it can help improve your core stability, mobility, concentration and help with anxiety and stress.

Stretch and Flex

The session involves stretching and relaxation exercises (seated and floor) designed to improve posture, reduce pain, less muscular tension and more freedom of movement

Yoga / Meditation

Do you want to de-stress? Do you want to improve flexibility? Yoga has even been shown with research to significantly improve strength and balance with the older adult. All techniques are safely tailored for the older adult and there are a range of options within the classes.

Lunch Club

This programme is for those that simply want to meet and enjoy a tea, coffee and 2 course lunch, interspersed with some social activities ranging from brain stimulating activities, discussions and reminiscence. Choose a lunch club package that suits you together with a fitness or wellness class of your choice and a think gym session for a discounted rate.

Walking Group

Fancy meeting others for a walk and returning for a coffee in the Health and Wellness Centre afterwards. These walks are self paced and coordinated by customers without staff in attendance.

To connect with Southern Cross Care is easy...

Our team is here to help you.

Call or email
South Australia 1800 852 772 or Northern Territory 1800 894 375 or enquiry@southernxc.com.au

More contact us information here: www.southerncrosscare.com.au/contact


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How to grow your eBay business

Today, starting and growing your own small business is easier than ever thanks to platforms like eBay. Whether you just want a small project on the side or have big business ambitions, eBay can be a great way to show off some entrepreneurship and make a bit of money all on your own. Anyone can set up an account and buy or sell on eBay, whether it’s second-hand items from around the home or reselling wholesale items as an independent online retailer. Of course, however small you are at the moment, there’s a good chance you’re interested in making sure your eBay operation is as successful as possible, maybe even growing it further. We’ve helped eBay sellers and other online retailers grow their businesses with affordable inventory space over the years, so we’ve learned a few tricks ourselves along the way.

Why you need to keep your eBay set-up healthy

A lot of eBay sellers have some ambitions to grow their current operations but even if you’re happy with the number of orders and size of your own at the moment, you still need to make sure you keep it healthy to continue with your current success. There are thousands of sellers on eBay from one-offs to huge online retailers and it can be easy to get lost in the noise or overtaken by new competition if you’re not on the ball.

These tips work wonders for those looking to grow their eBay business, but most of them are just as vital for ensuring that any size eBay operation continues successfully and doesn’t get drowned out by the competition.

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1. Find and keep up with trending products

For those just starting out on eBay, the first step should always be some market research to gauge what products are popular and trending both long term and currently. If you’re already a well-establish eBay retailer then you’ll still need to continue this research on an ongoing basis so that you’re ready to take advantage of new trends and don’t spend time or money promoting outdated and unpopular products.

Buying stock of something that doesn’t sell very well or holding onto inventory that is going out of fashion can take up space and cost money. If you’re just selling second-hand items from around the home then trends are still important as you don’t want to spend time and energy on things that just won’t sell. Keep on top of the trends and you may find that what doesn’t sell today will sell tomorrow, so you’ll want to capitalise on these moments.

Image: You can use Google Trends to find and keep up with trending products.

To identify popular products and keep an eye on trends you can use Google Trends and set up Google Alerts that will tell you when particular keywords are rising or falling in popularity. Google Trends can also help you identify any seasonal trends by showing historical search data for certain terms.

You can also use the eBay itself. The search bar provides search suggestions as you type in items, but these are just similar or related products. These suggestions are listed in order of popularity and often include the most popular categories for these products so you can identify some of the most popular products and niches by researching broader topics or find other product lines that are similar to the ones you already sell and are also popular.

Finally, look at the eBay homepage and the seller page here that can give you clues about what is currently selling well on the platform.

2. Drive traffic to your products

Even if you don’t want to actively grow your eBay operation and expand your product range, you’ll still want to ensure that you get traffic to anything that you are selling. This applies to one-off sellers and large retailers alike! There are a few ways you can ensure your items get enough traffic. These best practices usually fall under two main steps; optimising listings to rank on eBay so people can find your products and then making sure your items stand out against the competition so people get clicking.

Optimise your products for eBay

There are hundreds if not thousands of sellers on eBay for many categories on eBay so it’s important to understand how you can ensure your items rank well and get found.

People usually find products on eBay by searching for them and eBay matches items to these searches based on the keywords included in product titles and descriptions. This means that keywords research and what you include in your listing are very important. You can use Googles AdWords keyword planner as a free way to help and you’ll find free versions of other keyword tools like SEM Rush that can help you find out how popular certain search terms are and recommend other popular search terms people use for the same product. Again, the suggestions from the eBay search bar can also help here as well as the Google search bar.

Another good indication of which keywords are likely to rank well for certain products is to look at the competition. Search for the items you are looking to sell on eBay using a variety of different keywords and phrases and take a look to see which competitors are ranking on the first page. Make note of the headlines and descriptions of listings that competitors are consistently managing to rank well with.

You then need to make sure you include the most popular search terms in product titles and descriptions. Here are a few tips to keep in mind when optimising your product titles and descriptions:

  • Make the most of the 80 character limit but only include keywords relevant to the product.
  • Include attribute keywords relevant to the product such as size, colour, condition, model and style in the title and description.
  • Be wary of adjectives and words like ‘amazing’. Although you want to promote your products and make them stand out, buyers won’t use these when searching on eBay.
  • Avoid using misleading words, all capitals and unnecessary punctuation like exclamation marks as eBay doesn’t like these and they don’t often perform well.

Product attributes

Of course, people don’t just find products by searching in the search bar. They often refine their searches by specific product attributes such as sub-category, size, colour and even by delivery method and time scale. You’ll want to include as many attributes as possible when creating your listing to help ensure your product appears in as many searches as possible, but you also want to ensure you only include relevant ones so that you get relevant traffic.

Paid promotions

You can also pay to promote your listings on eBay and secure good rankings. You only pay a percentage of the item sale price when someone purchases a product so it can often be a relatively affordable way to promote your listings. This is a great strategy if you want to get some sales and feedback on a new product so that it can start performing well on its own or for quickly selling the last of some inventory that is no longer trending or seasonal.

Stand out from the competition

Once you’ve managed to secure your place in one of the top spots for relevant buyer searches, you’ll need to stand out on the page from the competition and get buyers clicking your listing. There are a few best practices to keep in mind when setting up your listings to help them stand out on the page.

  • Use clear quality images, the more professional looking the better. If you are selling second-hand products or items from around your home then make sure they are well lit and have as blank a backdrop as possible. If you can find professional images for your items then use one for your first image.
  • Take note of the eBay guidelines, including the minimum 500 pixel image size and ensure that your images don’t have borders or seller-added text.
  • Differentiate your product and attract buyers by offering additional benefits as possible such as free delivery, click and collect, next delivery and so on but make sure you can deliver on them!
  • Make sure you price your product well. Do some research to make sure you’re not priced way above competitors but make sure you consider what you can afford by taking into account your margin, delivery costs and more.

3. Improve product sales

Finally, you need to make sure that your products are optimised to sell once buyers click through and view your listing. Your conversion rate is actually one of the signals eBay will use when ranking your listings, so it’s important you do this alongside the previous steps. Fortunately, many of the things that you use to drive traffic to your products will also encourage conversions so these practices go hand-in-hand.

Make attractive eBay listings

You need to ensure your products are as attractive as possible to potential buyers. You can also use many of these practices to rank well and drive traffic to your listing in the first place.

  • Take advantage of the 12 images you can upload for each product. Include different angles and use other items to show the size of items where relevant. If you are selling hand this is even more vital; pictures clearly showing the condition of the product all around will help buyers decide if it’s in a good enough condition. Make sure photos are well lit so people can see accurate colouring and detail.
  • Create detailed product descriptions with everything potential buyers may want to know but keep it concise and relevant so they don’t get weighed down by waffle.
  • Ensure your products are priced well compared to competitors.
  • Use additional promotions such as free delivery, click and collect and fast delivery if possible to attract buyers.
  • Display a clear returns policy so customers know they can safely return items if they need to.

Focus on feedback

With eBay it’s all about feedback. Customer reviews are becoming increasingly important for all businesses as more customers than ever have access to the internet and the various review platforms and forums online to leave feedback, but for eBay it’s even more important. Buyers and sellers both can leave feedback for each other, which means it’s not just about ensuring your complete orders on time but also means you can leave good buyer feedback for your eBay customers. Giving feedback is a great way to encourage buyers to leave you feedback in return, so make sure you leave feedback for each one and send them a message afterward to prompt a good review.

Feedback is also a great step towards becoming an eBay top-rated seller. You need to have a high feedback score as well as meet a few other criteria such as a minimum number of sales in the past year and compliance with eBay’s selling policy, but the additional sales you can get are worth it.

Grow your business on eBay

Remember that whether you just want to keep your eBay operation at its current size but running successfully or if you have big plans to grow your business, you’ll need to keep up with all the best practices in this guide. Keyword research, competitor research and optimisations will need to be ongoing if you want to keep your products ranking and selling well.

Are you currently growing your eBay business? To keep your operations running successfully you need to be able to stay on top of orders and keep your inventory organised and up to date, and for that you need space. You can take your eBay business to the next level and get the room you need to grow with affordable self storage.

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It is with great sadness that we learn today of the passing of our dear friend and retired director Mr. Scott Woodham.

Mr. Scott Woodham began working together with our late founder Mr. Kaya Tuncer about two years before the opening of our camp while taking on important duties in establishing the infrastructure of our facility, and contributed greatly to Space Camp Turkey starting from our establishment in 2000 until his retirement in 2019.

We would like to express our condolences to the family, relatives and friends of our beloved Scott Woodham, who guided us in our social lives as well as our professional work life with his experiences. We will never forget him and his contributions to us.

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text:
SORL Auto Parts (SORL) – Going Private – 8% Upside

Current price: $4.37

Cash-out Price: $4.72

Upside: 8%

Expiration Date: expected in Q2 2020

Going Private Announcement

This idea was hinted by Brian

This is a rather standard case of U.S. listed Chinese company getting taken private by controlling shareholder. The spread likely reflects limited trust by U.S. investors towards similar management buyouts of China based micro-cap names. However, there is high likelihood this transaction will close. SORL is really cheap if the numbers can be trusted and there are reasons to believe buyer's intentions are real rather than only meant to manipulate the stock price. Also recent stats suggest majority of similar transactions with definitive agreements have successfully closed.

Insiders of SORL (via related party Ruili Group) have signed definitive agreement to cash-out minority shareholders at $4.72/share. Spread to the offer price stands at 8%. Insiders own 59% of the company and transaction is subject to approval by minority shareholders. Meeting date has not been announced yet. Downside to unaffected price is 23%. Management expects the transaction to close by Q2 2020.

The main risk is management cancelling the offer and I do not expect any pushback from minority shareholders.

Company background

SORL is manufacturer of automotive brake systems, mostly used in trucks and buses. The company supplies OEMs and aftermarket distributors. 82% of sales go to China and the rest are international. SORL operations are conducted through JV with Ruili Group, and majority of its assets have been acquired from Ruili Group as well. If my count is correct, insiders received a total of $109m by shifting assets from their private entity into the JV, but contributed only $5m in capital. This compares to current market cap of $85m for SORL and $35m required to cash out minority shareholders.

SORL is also tainted with heavy number (and amounts) of other related party transactions, raising questions if the reported numbers can be trusted. Having Malonebailey as auditors does not inspire much confidence either as Malonebailey has made its name by focusing on Chinese reverse mergers and auditor's track record is not spotless (albeit most indicated cases seem to relate to 2011). However, similar things could probably be said about most of Chinese companies, so not saying that SORL is standing out from the crowd in terms of shaky governance or questionable financials.

If the financials are real, then SORL is very cheap trading at less than 4xPE and at 40% of TBV while growing revenues at 10%+. This would also explain why insiders might be willing to acquire the whole company for themselves.

Previous Offers

Current buyout agreement follows non-binding offer made in Apr'19 at $4.26/share. Apparently, independent special committee managed to squeeze out additional $3.5m of cash for minority shareholders by increasing buy-out price to $4.72/share. This is rather unusual - if there was a real pushback by the special committee then this would be a rare case of U.S. listed Chinese company actually caring for the minority shareholders (i.e. SORL actually standing out from the crowd in a positive way).

Back in 2015 the same management also made a non-binding offer at $2.84/share - this one was simply withdrawn couple months later citing concerns over recent market conditions. China truck industry indeed experienced significant decline in 2015 but has picked up since (see page 22 and also here). Thus I do not believe that the cancellation of the 2015 offer is an indicator of how the current one will proceed. Improving commercial vehicle sales (and 2.5x higher SORL revenues vs 2015) also explain why insiders are being so generous and readily offering 65% higher cash-out price.

Majority of Chinese buyouts with definitive agreements close

Opposed to 2015 situation as well as the Apr'19 proposal, for the first time there is definitive agreement instead of a non-binding offer. Overview on the US listed Chinese companies’ privatization transactions (2019, 2018 summer and 2018 spring reports, compiled by Duff & Phelps) indicates that almost every case with a signed definitive agreement gets closed. SORL management's timeline (Q2 2020) also fits within the range of recently closed transactions.

  1. Bulrathi

    Why you expect no push back from minority holders? Management has tipped their hands by going for real after the buyout, so its likely that the numbers are real. In that case, shareholders have a lot to lose by not staying in a super cheap growing chinese company

    1. dt

      – There are no large institutional holders who could run an activist campaign – Bridgeway Capital is the largest owner after insiders and holds only 1.7% of shares (or 4% of float excluding insiders). The Next one is Gabelli Funds (+GAMCO) with 1.3% ownership.
      – I doubt shareholders actually have a choice. If the transaction gets rejected, management will simply find a way to funnel value out of the company through related party transactions. So the current gesture seems already very generous.
      – I do not think anyone is expecting a higher offer if the current one fails to close – which means shares would probably revert to $3-3.5/share range.

      1. Zulu Investment Partnership

        No one is expecting a higher offer, but there is general consensus that the minority shareholders are being given a lowball price, so to speak.

    1. dt

      I think these are standard press releases / advertising by lawyers trying to attract new clients.
      Do not think there is any substance in these.

  2. over2u

    Detailed research on why you shouldn’t play gamble with SORL

    In my view current upside is too small to compensate for potential risks related to the company/deal.
    What I have picked up from financials:
    – Working capital build up – the way to take the money from the company by majority shareholder through advancements
    – RPT in 2016, US$ 76m transaction with land and facilities (all money went to majour shareholder)
    It doesn’t mean that transaciton won’t happen, but the risk here maybe excessive in my view

    1. Writser

      I think you are conflating the risks of 1) owning a Chinese company that is mistreating minority holders with 2) betting on a merger where management can take said company private at a bargain valuation.

      Yes, management treating a company as a piggy bank is bad, but if they can use said piggy bank to buy out minority holders at a cheap valuation then I’d say management has all the incentives to pursue that merger and the deal is perhaps not more, but less risky than other deals.

      1. over2u

        My point is that with the management like this you never know what is a bargain valuation for them. If the bid will be revised down to $3 for example you don’t have a lot of alternatives. So in this case the downside for the transaction break/terms revision may be very significant.

        1. Writser

          A lot of Chinese deals in preliminary stage are revised, cancelled, delayed, etc. I have been burned by that before and I tend to be very wary of them. I think it’s at least partially a cultural difference. If an American buyer comes up with a (friendly) preliminary bid the deal is basically a done deal or there will even be a small bump to console minority holders. For a Chinese buyer a preliminary offer basically seems like the start of the negotiations.

          But anyway, once the offer is definite, as you can see in the Duff & Phelps reports, almost all deals close and there isn’t that big of a difference with other mergers. Not saying this is a super deal with a ~6% spread and an unclear timeline but I’m absolutely not scared of a downward revision.

  3. Zulu Investment Partnership

    The main elephant in the room to address is really how trustworthy management is and what the company really looks like. I did scan through the detailed research report sent by over2u. Thank you for the article. The issue is that the short case (which has fared badly for them) nitpicked on a lot of stuff that isn’t relevant to SSI who are holding this for a few months. Like the dirty floors and being number 37 on some list doesn’t really tell much. (BTW it’s a very rigged system to see who gets or doesn’t get mentioned.)

    1) Fundamentally long term, some of these can raise a concern, but then I ask you this: why would management offer $4.72/ share knowing all of these flaws about the company? Likely they think the company is worth $4.72 or more. It’s possible they can be doing this to manipulate stock price for related shareholders, only to withdraw this offer a few months down the road, and they have done that in the past. Unlikely with 59% ownership, unless there is a reported mass sale in the next quarterly report. Chinese laws have started to become more stringent and crack down on these kind of stuff but this is a real threat.

    2) All the Chinese auto stocks more or less trade very cheaply. China has a lot of room to grow in the auto industry and the recent slump in sales have caused the auto stocks to go through a minor correction. There’s also a little spat on the last earnings call with an analyst (likely a minority shareholder) making a case that this stock should be worth $8-$10/share which furthers my estimate that management is indeed trying to low-ball the minority shareholders. It’s possible litigations can ensue but with such a huge inside ownership in a foreign country like China where minority shareholders are treated like nuisance? Unlikely to make the deal fall apart.

  4. Zulu Investment Partnership

    Hi, with SORL approaching $4.60s, we think it is prudent to trim back on our current position as the IRR (~8%) is no longer as attractive as other investments here on SSI, especially with newer ones that came out recently.

  5. Zulu Investor

    I would recommend reopening this up as an active idea. the price dropped way below the first time this investment thesis played out in fact.

  6. Zulu Investor

    Recommend closing again with a 2% spread. If you were lucky enough to pick them around $3 ( I got most of mine at $3.50), one could have made about 28%+. Overall, well worth the risk IMO given the cheap valuation despite being a Chinese company. The first closing of this investment resulted in a 5% gain. The second time, 28%+ at least in 1 month. A cumulative 33% gain, which I think is pretty good.

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text:
Hospital official: 'We're not even close to out of the woods yet'

Jenny Porter Tilley
The Herald-Times

A local hospital official declined to provide an exact number of recent COVID-19 deaths, but confirmed that a surge in deaths from COVID-19 this winter didn’t end with 2020.

Dan Handel, chief medical officer for the medical network’s south central Indiana region, said COVID-19 deaths have happened at about the same pace so far this month as they did in December.

”What we’re seeing at Bloomington Hospital reflects the overall challenges we’re facing across the state and across the country,” he said. “So if you look overall at the deaths in the state of Indiana from COVID, half of them have occurred in December, and unfortunately, January is on pace to be a similar month.”

In December, 2,366 Hoosiers with COVID-19 died, 45 of whom were Monroe County residents. So far in January, the state health department has reported 669 deaths, with eight of those being Monroe County residents.

Handel, who also is an emergency physician, said there continue to be more and more COVID-19 infections among older people, who often already have complex medical problems.

”Unfortunately, a certain percentage of those are dying as well,” he said. “I think it really emphasizes the importance for those who are 70 and older to go out and get their vaccine.”

Nursing homes have been hit hard, and he said with the help of the National Guard, they’re doing the best they can. But when older patients get sick, he said, they often end up getting moved to the hospital.

Handel stressed the need for continued precautions, even after getting a vaccination.

”I get it. People are tired. We’re coming up on a year of this,” he said. But he suggests people not let down their guard. “We’re not even close to out of the woods yet. There’s always a risk when people say, ‘OK, we’ve got the vaccine now.’ Vaccine is not immunity. You have to get two doses to get up to the 94-95% immunity.”

That level of immunity doesn’t come until up to two weeks after the second dose, he said, and even then, the vaccine is only shown to decrease the risk of a person contracting the virus and becoming symptomatic.

”There is no data yet in terms of whether or not you can be an asymptomatic spreader after having the vaccine.” That’s why people still need to wear masks and practice social distancing.

Local hospital staff also are concerned about incoming patients from area counties — all counties surrounding area are in the highest-risk status defined by the Indiana State Health Department. “We get just as many patients from outside of Monroe County as we do in Monroe County,” he said, “so as there continues to be higher rates of COVID in the surrounding counties around Bloomington, that will drive hospitalization rates.”

IU Health Bloomington Hospital continues to be pretty full, he said, and some rooms more recently used as offices have been converted to help with the patient load. Data from the federal Department of Health and Human Services show that the seven-day average for inpatients beds in use was about 140 as of Jan. 1. That’s down slightly from more than 150 in mid-December.

Handel said the situation is very hard on families, who are restricted when it comes to visiting loved ones who may not survive the virus, and it’s also very hard on caregivers and hospital employees. Mask wearing, social distancing and getting a vaccine when eligible, he said, is “the only way we’re going to get past this.”

An IU Health sign outside the Bloomington hospital. (H-T file photo)


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In This List

Roy Hill jumps hurdles to finally hit production rate target

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Roy Hill jumps hurdles to finally hit production rate target

Australian iron ore producer Roy Hill Holdings Pty Ltd. believes the issues with its namesake mine that delayed the ramp-up to its target production rate are finally in the rearview mirror.

The company has begun 90-day performance testing, which for the first time saw it hit its 55 million-tonnes-per-year run rate with the shipping of 4.84 million tonnes from the Roy Hill mine in September.

However, CEO Barry Fitzgerald stressed that it was a one-off and Roy Hill has not technically achieved full ramp-up.

"We need to demonstrate that we have achieved 55 million tonnes for a certain rate and then we need to achieve other parameters for the full 90 days," Fitzgerald told reporters Oct. 4 on the sidelines of a Western Australian Mining Club event in Perth.

"We are going well on that. The 90 days basically brings us through to December. If we successfully pass that, fundamentally we are probably at 55 million tonnes."

Roy Hill faced issues with the blending of the ore, which pushed the ramp-up to full production out by about 12 months. The company had been aiming to reach its final run rate by the end of 2016.

"The reality was that the orebody had a few more difficulties than we thought," Fitzgerald said. "The material was much harder, there were more difficulties in blending and getting the exact blend between grade and physical properties. We had significant wear which we hadn't foreseen."

To resolve the issue, Roy Hill introduced jaw crushers to better crush the ore at a more realistic wear rate, and it modified its approach to mining and materials handling.

"Those problems are solved," Fitzgerald said. "We know what the issues are and we now believe we are out to the point."

Roy Hill believes it has also allayed the concerns of its customers following recent meetings.

"The change of putting the jaw crushers in has allowed us a much more consistent feed," he said.

"I think we've been able to explain to the customers that the earlier problems we had was where we perhaps didn't meet our challenges, but certainly if they look at the data for the more recent period, there's been a significant change and I think both our variability and our reliability is now back where they'd expect it to be."

Roy Hill now plans to spend the next couple of years focusing on optimizing production capacity and grades. Fitzgerald said the company has a number of opportunities to increase the grade of its ore.

Hancock Prospecting Pty Ltd. owns 70% of the Roy Hill mine. The other partners in the projects are POSCO, Marubeni Corp. and China Steel Corp.