I think the AstraZeneca share price could be in for another great decade

first_img “This Stock Could Be Like Buying Amazon in 1997” 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. I think the AstraZeneca share price could be in for another great decade Enter Your Email Address Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Alan Oscroft | Monday, 6th January, 2020 | More on: AZN 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 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.center_img Image source: Getty Images. Despite a few weak years when AstraZeneca (LSE:AZN) was struggling, its share price has soared by 160% over the past 10 years, easily beating the FTSE 100‘s 45% rise. Here’s why I think the next decade could be equally good.The 2010s started out poor as the pharmaceuticals giant lost some key drug patents and was hit by generic alternatives. That certainly wasn’t a surprise, and wouldn’t have had such a big impact if the company had been investing sufficiently in its drug development pipeline to produce a stream of new candidates.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…But it hadn’t been doing that, and had diversified into all sorts of retail medical-related products (where it didn’t really have any significant competitive advantage).TurnaroundThe turnaround started with the appointment of Pascal Soriot as the firm’s new chief executive in 2012, with the share price starting its climb a year later. Soriot’s turnaround plan included the disposal of the firm’s non-core businesses, and a renewed focus on research and development.The hoped-for return to earnings growth has taken some time to come about — drug development is not a speedy process. A modest 4% rise is forecast for 2019 (with full year results due on 20 February), and there’s a more impressive 19% predicted for 2020.The share price recovery has preceded the earnings turnaround, and I do like it when I see investors looking at a company’s long-term prospects rather than short-term gains. But what that means is the valuation has become, if perhaps not overheated, at least a little warm. We’re looking at a P/E for 2019 of 28, which is about twice the FTSE 100’s long-term average, and it’s going to take a few years of earnings growth to justify that. But my confidence is growing, so let’s try some some finger-in-the-air guesswork.Sustained growth?I don’t expect to see 19% earnings growth every year, but what if AstraZeneca could manage to average 10% per year until the next decade? That could see EPS reaching 843p in 2030, three times the expected 2019 figure. If the share price didn’t move, we’d see that P/E multiple drop to only around nine, so I’d expect the bull run to continue, though more modestly, over the decade.Is such earnings growth feasible? It depends, obviously, on the profitability of the drugs the firm produces, and I’ll look at just a few from the stream of recent approvals and other positive developments.The FDA in the US has accepted a supplemental New Drug Application and granted Priority Review for Farxiga (dapagliflozin), aimed at heart failure, after phase II trials showed impressive results. It has also approved Lynparza (olaparib) for treating some pancreatic cancers, and Enhertu (trastuzumab deruxtecan) for targeting some breast cancers.China has approved Lokelma (sodium zirconium cyclosilicate) for treating hyperkalaemia (elevated blood potassium), plus a triple-combination of budesonide/glycopyrronium/formoterol fumarate for COPD, and Lynparza has been approved there for an advanced ovarian cancer.LucrativeThat’s just scanning the news since December, and you know what those diseases have in common? They mostly (I don’t know about hyperkalaemia) increasingly afflict the affluent, and could prove to be very profitable indeed.I see AstraZeneca as, in the words of Warren Buffett, a wonderful company at a fair price. Simply click below to discover how you can take advantage of this. Alan Oscroft has no position in any of the shares mentioned. The Motley Fool UK has recommended AstraZeneca. 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. Our 6 ‘Best Buys Now’ Shares See all posts by Alan Oscroftlast_img read more

Lions vs Crusaders Highlights – Super Rugby Round 6

first_imgSunday Apr 1, 2012 Lions vs Crusaders Highlights – Super Rugby Round 6 ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Super Rugby 2012 Highlights Related Articles 465 WEEKS AGO Bulls vs Lions Highlights – Super Rugby Round… 465 WEEKS AGO Sharks vs Cheetahs – Super Rugby Round 18… 465 WEEKS AGO Stormers vs Rebels Highlights – Super Rugby… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedDoctors Stunned: She Removes Her Wrinkles With This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living90% of People Have No Idea What These Two Little Holes Are ForNueey10 Types of Women You Should Never MarryNueeyShe Was the Most Beautiful Girl in the World. What She Looks Like Now is InsaneNueeyThe 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

Protesters call for release of incarcerated workers

first_imgFacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this PhiladelphiaAround 50 demonstrators gathered outside the Federal Detention Center at Seventh and Arch streets on Nov. 28 to demand the release of those on the inside – where at least 200 new COVID-19 cases have been reported in less than a month. In the past week, the detention center has reported between 17 to 28 additional positive cases each day.Protesters gather outside Federal Detention Center Nov. 28                      WW Photo: Joe PietteProtesters also called for the release of incarcerated workers in state and local jails across Pennsylvania, raising up the cases of political prisoners Russell Maroon Shoatz and Mumia Abu-Jamal in particular.Opening the rally, Ted Kelly with the Prisoners Solidarity Committee of Workers World Party stated that “The most dangerous place to be right now in the U.S. is prison. The pandemic is happening inside this building and unless we do something, people will die.  We need to build a real abolitionist movement to do justice.”The vast majority of the 1,000 men and women incarcerated at the federal facility have not been convicted and are still pending trial.  In April, the Public Interest Law Center filed a lawsuit seeking to cut down the jail population and allow those most at risk of COVID-19 complications to be released with remote monitoring.  However, rather than being released, the prisoners were put under harsh restrictions: no visits, including from attorneys; limited communications; limited access to legal research; and being allowed out of their cells only three times a week for 30 minutes.Speakers denounced these draconian measures as cruel and unusual punishment that does nothing to stem the spread of COVID-19, since it is guards and other staff who bring the disease into the prisons. There is now a full-blown resurgence of COVID-19 in Pennsylvania prisons, with outbreaks in 21 of the 23 state facilities.  With unlimited movement within the prisons, the guards become super spreaders.Fermin Morales speaking at rally Nov. 28.                                      WW Photo: Joe PietteStatements from Russell Maroon Shoatz and his family were read by Megan Murray, also with Workers World.  Shoatz, now 77 and incarcerated since 1972, has stage 4 colon cancer.  On Nov. 11 he tested positive for COVID-19.  Rather than give Shoatz compassionate release, prison officials held him for 10 days in a gymnasium with 30 other COVID-19-positive prisoners, who all share one toilet.  He was eventually moved to the infirmary after advocacy from family and supporters.Mumia Abu-Jamal, like most prisoners in Pennsylvania, is kept in 23-hour lock-down in his cell, with one hour to shower or make phone calls. Abu-Jamal continues to experience health problems stemming from decades of untreated hepatitis C that have left him with sclerosis of the liver.Fermin Morales with the Philadelphia Boricua Committee stated: “Prisons are concentration camps for poor Black and Brown people.”Throughout the rally, prisoners inside the Detention Center could be heard banging on windows in response. Several drivers, passing by, also honked car horns in support.last_img read more

Virtual Tour: Fort Worth murals and where to find them

first_imgFacebook Sam Brutonhttps://www.tcu360.com/author/sam-bruton/ Sam is a sophomore Journalism major and Graphic Design minor from Celina, Texas. She has a passion for photography and her cat, Albus. Find her on Twitter and Instagram as @sbbrut! Abortion access threatened as restrictive bills make their way through Texas Legislature ReddIt ReddIt + posts Linkedin History professor explores the people behind the fight for civil rights in Texas Twitter Sam Brutonhttps://www.tcu360.com/author/sam-bruton/ Previous articleTeenage pregnancy rates remain high in Tarrant CountyNext articleSt. Stephen Presbyterian Church cancels Sunday services after vandals break windows, trash rooms Sam Bruton RELATED ARTICLESMORE FROM AUTHOR Sam Brutonhttps://www.tcu360.com/author/sam-bruton/center_img TCU observes National Child Abuse Prevention Month Twitter printFort Worth’s street art scene is growing more and more colorful as the paint spreads west from Dallas’ Deep Ellum, the mural hub of Texas.Street art is considered its own genre with non-traditional venues. Modern street murals are rooted in graffiti works of New York City in the 1960s and 1970s. Originally, the motivation behind street art was the “anti-museum mentality” that believed art should be sold for its viewing.Each artist has his or her own individual style that allows visual communication with a large public audience. Art communities are growing out of large growing out of large cities and finding blank canvases in various areas.Some murals make statements of politics, economics, or race; others make the perfect backdrop for an Instagram photoshoot.Explore the map below to take a virtual tour of Fort Worth’s murals. Sam Bruton Meet Diane Snow, new dean of the John V. Roach Honors College Linkedin Facebook Five Graphic Design seniors to unveil three plus years worth of works Grains to grocery: One bread maker brings together farmers and artisans at locally-sourced store Sam Brutonhttps://www.tcu360.com/author/sam-bruton/ Fort Worth set to elect first new mayor in 10 years Saturdaylast_img read more

Caltech Alum Robert Behnken to Blast Off Into History Aboard SpaceX’s Crew Dragon on Saturday

first_img NASA astronaut and Caltech alumnus Robert Behnken (Credit: SpaceX/Ashish Sharma)UPDATE: The historic NASA/SPACEX launch has been rescheduled to Saturday due to bad weather.This week, Caltech alumnus Robert Behnken (MS ’93, PhD ’97) and fellow astronaut Douglas Hurley are scheduled to blast off from NASA’s Kennedy Space Center in Florida, headed for the International Space Station aboard a SpaceX Dragon spacecraft.The mission, dubbed Launch America, is historic: Behnken and Hurley will be the first two Americans to take off for space on an American rocket from American soil since the space shuttle program was shuttered in 2011; since that time, spacebound Americans have flown aboard Russian Soyuz spacecraft.Behnken, who earned his Caltech degrees in mechanical engineering, also served as chief of NASA’s Astronaut Office from 2012 to 2015. In 2014, ENGenious—the magazine of the Division of Engineering and Applied Science—spoke with Behnken at the Johnson Space Center in Houston to discuss his journey to becoming an astronaut, the impact that engineers can have on space travel, and the future of human space flight.ENGenious: What inspired you to become an engineer?Behnken: My father is a construction worker, and when I was young I saw firsthand a lot of the projects that he worked on. Whether it was pumping stations, pipelines, or something else, I was interested in all the machinery being constructed or that made the construction possible. But since I also spent some time working as a construction worker in the summertime in St. Louis, I also learned that it might be nice to have a job where air conditioning was at least sometimes available! At that age, I could do it, and it paid relatively well so it was worth the effort, but as a lifelong career, it can be quite a bit harder on your body than being an astronaut.ENGenious: How has your Caltech education influenced you?Behnken: My graduate adviser was Professor Richard Murray (Thomas E. and Doris Everhart Professor of Control and Dynamical Systems and Bioengineering, BS ’85), and he espoused a hands-on approach combined with a strong theoretical background. That’s probably the thing that’s been the most valuable, being able to translate the mathematics or theory into real things. For example, when we go out for a spacewalk, someone has to understand and then manage the risk associated with the theoretical charging levels on a large structure that’s moving in low Earth orbit. We need to understand the physics behind this and what the repercussions are going to be. Practically, that translates into something very real: What is the risk of electric shock to the astronaut inside the space suit, and how do we best manage that?ENGenious: How has your Caltech experience helped in your career?Behnken: One of the things that was really brought home to me at Caltech was the importance of taking a jack-of-all-trades approach to problem solving. When it came time to do research, we didn’t have the mindset of being a specialist who only looks at one little area. If you needed to learn to write computer code, you learned how to write computer code. If you needed to build an experiment, you built an experiment. You addressed the problem from all directions and picked up whatever skills you needed to go forward on it. Those I learned from at Caltech had the perspective that you’re going to earn one advanced degree, and while maybe it’s in mechanical engineering, that shouldn’t limit you. If you need to learn electrical engineering to do your research, if you need to learn physics—learn those things. The degree you had earned shouldn’t constrain your ability to learn in any area required to address your research.ENGenious: How can Caltech medical engineers assist astronauts and the astronaut program?Behnken: Historically, the space program has been a driver for many of the medical devices that eventually became commonplace. Every time we do a spacewalk, we are instrumented to have our electrocardiogram (EKG) monitored on the ground throughout the entire event. That type of physical monitoring capability is an area that we would definitely like to expand.It is extremely cumbersome to bring samples back from the ISS. As we continue to move toward doing more biological science on board, if for example monitoring devices become implantable, we’d certainly be interested in taking advantage of them. Devices that allow us to not need to return samples would be hugely beneficial as well as medical examination equipment that crewmembers can use on their own with limited coaching from a ground team. For example, we regularly do a significant number of eye exams in orbit now because it’s been discovered that the geometry of astronauts’ eyes are changing during prolonged exposure to the ISS environment. It’s unclear if it’s due to a zero-gravity-induced fluid shift that increases intracranial pressure, carbon dioxide in the environment changing the chemistry of the blood, or some other phenomenon resulting in pressure on the back side of the eye and changing the shape of the eye and impacting the optical nerve. So we have new equipment on board to measure this phenomenon and provide the data to the investigators multiple times throughout the mission (in the past we only had the pre-flight and post-flight measurements). This is one of many biological phenomena that we need to address, many of which are resulting in new, exciting areas of research. There are of course engineering hardware challenges as well, at least as numerous as the medical challenges.ENGenious: What will it take for humans to travel deeper into space?Behnken: I mentioned the eye phenomenon that astronauts are facing right now. There are other areas from a physical-phenomenon perspective that need to be managed in preparation for a longer stay in space than we have on board the space station. The biggest challenge is the radiation environment, and as you can imagine, there are many ways to address this challenge. Adding shielding that physically protects you from that radiation environment is one solution, but spaceships can only be so big and so heavy before they are unaffordable or impractical for other reasons. There’s also a solution that takes a longer view and focuses on healing the cancer after it begins to develop. That solution could help lots of people, not just astronauts in space. A similar but a nearer-term solution is to focus on early detection of the cancer or other impacts of radiation so you have a better chance of effectively dealing with them. It’s interesting because, whether it’s medical professionals or physicists or engineers, there’s room for everyone to contribute to the ability of humans to travel deeper into space.To read the full interview, go to https://caltechcampuspubs.library.caltech.edu/2971/1/alumni_behnken.pdf. Community News STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. STAFF REPORT First Heatwave Expected Next Week Subscribe Your email address will not be published. Required fields are marked * Name (required)  Mail (required) (not be published)  Website  Community News EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS More Cool Stuffcenter_img Top of the News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyCitizen Service CenterPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Science and Technology Caltech Alum Robert Behnken to Blast Off Into History Aboard SpaceX’s Crew Dragon on Saturday By NASA/JPL-Caltech Published on Tuesday, May 26, 2020 | 7:38 pm Business News 114 recommended0 commentsShareShareTweetSharePin it Make a comment HerbeautyA Mental Health Chatbot Which Helps People With DepressionHerbeautyHerbeautyHerbeautyBollywood Star Transformations: 10 Year ChallengeHerbeautyHerbeautyHerbeautyIs It Normal To Date Your BFF’s Ex?HerbeautyHerbeautyHerbeauty9 Hollywood Divas Who Fell In Love With WomenHerbeautyHerbeautyHerbeauty8 Easy Exotic Meals Anyone Can MakeHerbeautyHerbeautyHerbeautyWeird Types Of Massage Not Everyone Dares To TryHerbeautyHerbeauty CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday last_img read more

Suspect charged after fatal November shooting

first_img Previous articleSeliger endorsed by County Officials PACNext articleMan charged with killing girlfriend ready for trial admin By admin – February 21, 2018 Facebook WhatsApp Twitter WhatsApp Pinterest Jesus Zermeno U.S. Marshals arrested a man in Mexico Tuesday wanted in Ector County for reportedly shooting a man to death last November.The suspect, 28-year-old Jesus “Jesse” Zermeno, was arrested Tuesday in Ojinaga, Mexico, an Ector County Sheriff’s Office news release said, and was then transferred to Presidio County for booking before being extradited back to Ector County Wednesday.Deputies were initially called about a shooting just after 10 p.m. Nov. 15 at 12293 W. Citation Drive, the release stated, where they found the victim, 37-year-old Armando Nunez, lying on the ground and shot several times.A second victim was also found at the scene, 26-year-old Rocky Hernandez, who suffered two gunshot wounds and survived the incident. Emergency medical services were called to the scene for Nunez, but he did not survive, the release detailed.The release stated that the shooting was investigated as a domestic disturbance, and the shooter apparently knew the victims.Further investigation revealed Zermeno as a suspect, the release said, and a warrant was issued for his arrest. He was charged with murder, a first-degree felony.Jail records show Zermeno has not had a bond set. Local NewsCrime Twitter Facebook Pinterest Suspect charged after fatal November shootinglast_img read more

Missing person located following search in Dunkineely

first_img Previous articleMet Eireann issue yellow rainfall warning for DonegalNext articleGovernment reportedly considering allowing pubs re-open next month News Highland Arranmore progress and potential flagged as population grows Community Enhancement Programme open for applications By News Highland – November 22, 2020 Facebook Google+ Killybegs Coast Guard say they were tasked yesterday evening to a report of a missing person in the Dunkineely area.The Coast Guard along with HSE Ambulance crew and Gardaí located the missing person after a short search.Killybegs Coast Guard have confirmed the person was transferred to a waiting ambulance and taken to hospital. Loganair’s new Derry – Liverpool air service takes off from CODA Missing person located following search in Dunkineely Pinterest WhatsApp Pinterestcenter_img Twitter WhatsApp Facebook RELATED ARTICLESMORE FROM AUTHOR News, Sport and Obituaries on Monday May 24th Important message for people attending LUH’s INR clinic Homepage BannerNews Google+ Nine til Noon Show – Listen back to Monday’s Programme Twitterlast_img read more

Partnerships are the key to improving workplace safety

first_img– Reduceill health caused by work Comments are closed. Partnerships are the key to improving workplace safetyOn 1 Jun 2000 in Personnel Today – Helppeople return to work – Promotehealthy living in the workplace These willinvolve government agencies, local authorities, individuals, large and smallemployers, trade unions and health professionals, including OH nurses. There willbe a new infrastructure to implement a strategy for reducing ill health atwork, Sandra Caldwell, director of the health directorate at the Health andSafety Executive, told the congress. By 2010interested parties will work together to implement the strategy. Newstrategy will call on agencies, employers, nurses and unions to work togetherto address work health issues The keygoals are to: She gavedetails of the strategy, due for launch this month, confirming it will involvenew partnership arrangements. Related posts:No related photos. “Thisis a 10-year process and we must start now if we are to hit the targets,”Caldwell added. There willbe a partnership board to oversee implementation, and five groups to takeforward each programme of work. This fallsinto line with government plans to revitalise health and safety, Lord Whitty,junior minister at the Department of Environment, Transport and the Regions,told delegates.  www.hse.gov.uk Previous Article Next Article “Peopleworking in isolation to address issues like preventing ill health and improvingrehabilitation after ill health will not make a real difference,” shesaid. “We need new partnerships.” – Improveopportunities for those unemployed due to disability or ill healthlast_img read more

Harding, Chapman help Weber State beat Idaho 93-87

first_imgDecember 31, 2018 /Sports News – Local Harding, Chapman help Weber State beat Idaho 93-87 FacebookTwitterLinkedInEmailMOSCOW, Idaho (AP) — Jerrick Harding made 6-of-6 free throws in the final minute and finished with 24 points, Brekkott Chapman had a double-double, and Weber State held off Idaho for a 93-87 win Monday.Chapman finished with a season-high 21 points and 10 rebounds. Zach Braxton had 18 points, on 5-of-6 shooting, and Cody John scored 11 for Weber State (8-5, 2-0 Big Sky Conference).Israel Barnes scored all of his eight points during a 28-7 opening run and Weber State, which never trailed, took a 52-30 lead into the break. Michael Kozak’s layup put Weber State’s lead at 16 points with less than five minutes to go but Cameron Tyson’s 4-point play capped a 15-4 spurt that trimmed Idaho’s deficit to 86-79 with 1:21 to play. The Wildcats made all of their eight free-throw attempts from there to seal it.Tyson, a freshman who tied his career best with six 3-pointers, scored 20 of his season-high 27 points in the second half for Idaho and Trevon Allen had 24 points on 11-of-15 shooting. The Vandals (3-10, 0-2) have lost six in a row. Written by Tags: Big Sky/Brekkott Chapman/Jerrick Harding/Weber State Wildcats Basketball Associated Presslast_img read more

‘Why does our industry allow rogue agents to continue ripping people off?’

first_imgOne of London’s largest estate agents has called for greater action by the industry and government to eradicate rogue agents after encountering increasing problems recently with rival companies who don’t comply with industry codes of conduct or regulations.LiFe Residential, which has a large HQ near Acton in West London, 13 offices across the capital and 4,000 properties under management, says since November last year it has received more and more cries for help from landlord clients who say they have lost deposits and rents after switching to rival agents who pop up and then disappear over short periods of time.“The fly-by-night nature of these companies, the fact that regulation of the industry is light and that the police aren’t interested unless dozens of people lose money, means these kinds of agents know they have room to operate,” says Jonathan Werth, a director of LiFe Residential.One particularly extreme example of a London agent that closed down owing tenants and landlords thousands of pounds is Oliver Knights Properties Limited, a company that ceased trading in April last year. There are comments on All Agents and many other forums full of landlords and tenants complaining that they have lost money after getting involved with the now-dissolved company.“So many people complained to the police about Oliver Knights that we understand officers did finally get involved, and many of our landlords told us they lost money when the company shut up shop,” says Jonathan Werth, a director of LiFe Residential (pictured, left).LiFe Residential also says rival agents have been downloading photos from its website and using them to upload properties for sale on their own websites and using the photos to list the properties on national portals.“There is one agent in Docklands who we caught doing this and which, when we contacted them, took the pictures down,” says LiFe Residential’s head of operations Marti Kollar (pictured, right).“But at the end of the day what they are doing is against industry codes and Advertising Standards Authority rules as their adverts are false and misleading,” says Marti.“We have one agent who started up a couple of years ago who I am sure will trade long enough to collect a couple of hundred thousand pounds in their client account before disappearing.”LiFe Residential says it’s frustrating because although Zoopla and Rightmove are getting better at policing rogue agents, it believes the shadier end of the industry can still be members of the key regulatory and trade organisations because not enough effort goes into checking who they are.Rogue estate agentsThe Negotiator contacted several of the deposit schemes to establish whether one of the agents highlighted by LiFe residential was a member, but were told this information was confidential.  Although this is the way the schemes were set up, this means a company can claim to be a member of a deposit scheme but tenants and renters have no way of finding out if they really are before they commit to using them.Jonathan also says he believes the industry’s regulatory authorities aren’t doing enough to educated landlords and tenants about the minimum standards of behaviour that they should expect from letting agents.“We have contacted all our landlord clients to say that, if they are contacted by other agents they should check out these basic registrations and legal requirements,” he says.“We’ve also noticed that these agents target properties belonging to overseas landlords and less experienced tenants by advertising the properties through the free-to-list sites.”Government action?Earlier this year the previous housing minister Gavin Barwell announced a new system of civil penalties to tackle rogue agents and landlords, although these concerned the conditions within properties, rental payments and setting up a database of rogue agents, rather than the regulation of letting agents, which to date most governments over the past decade have shied away from.LIFE Residential marti kollar jonathan werth July 19, 2017Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Agencies & People » ‘Why does our industry allow rogue agents to continue ripping people off?’ previous nextRegulation & Law‘Why does our industry allow rogue agents to continue ripping people off?’Major London agent with 4,000 properties under management asks why light regulation continues, giving the green light to more unscrupulous operators.Nigel Lewis19th July 201702,949 Viewslast_img read more