I’d buy this Covid-19-related penny stock

first_imgI’d buy this Covid-19-related penny stock Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I’ve recently come across the penny stock Scancell (LSE: SCLP) and I believe it has lots of potential. But would I buy? Here’s my take on the company.Scancell: an overviewIn a nutshell, Scancell is an immuno-oncology  company. That’s a fancy way of saying it develops treatments that stimulate the body’s own immune system to treat or prevent cancer.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…Scancell isn’t just a company with an idea. It has four types of scientific technology. These include: ImmunoBody, Moditope, AvidiMab and COVIDITY. It’s very early days for the firm, but some of its products are undergoing clinical trials.Scancell’s lead ImmunoBody cancer vaccine, SCIB1, is being developed for the treatment of patients with metastatic melanoma. That’s skin cancer that has spread to other parts of the body. SCIB 1 has completed Phase 1 trials and will be moving to Phase 2.I think things look promising for Scancell and would buy the penny stock today.CoronavirusWhile treating and preventing certain types of cancer is Scancell’s bread and butter, I think the real star of the show is its COVIDITY programme.In April 2020, the company decided to initiate a research programme called, COVIDITY to develop a vaccine for Covid-19. It’s being worked on with scientists at the University of Nottingham.What I like about Scancell’s version of a vaccine is that it’s intended to be a second-generation jab. That means it could be effective against many of the coronavirus variants. It comes after concerns that the Pfizer and AstraZeneca vaccines may offer limited protection against the mutated versions of the virus.The science bitI’ll try and explain the science part.Most of the current vaccines target the surface spike (S) protein, which allows the virus to infect the cell. Scancell’s vaccine not only targets the S protein but also the nucleocapsid (N) protein, which makes the bulk of the virus particle.Scancell says that the N-protein is “highly conserved”, which means it’s less likely to mutate. In summary, the fact that Scancell is targeting the N-protein means that it could create long-term immunity against the coronavirus and its variants.Do we need another vaccine?I think another Covid-19 vaccine is important. Given the concerns about currently available vaccines, I feel there is always room for improvement. Especially around effectiveness, safety and longevity of response of a vaccine. I also like that Scancell’s version is relatively simple to manufacture and doesn’t need to be stored in ultra-low temperatures. This means transportation is likely to be easier.The risksBig pharma companies with a lot more resources are also working on jabs to treat coronavirus variants. Scancell is at an early stage and there’s no guarantee its treatments will be successful in testing trials. It’s a pre-revenue, loss-making company. Research and development costs are likely to persist and hit profitability. This penny stock is not for the faint hearted. So I’d only buy what I could afford to lose.While Scancell has raised the necessary funding to trials its products, any delays or setbacks may require the company to raise additional funds. This could also impact the share price.But as a long-term investor, I feel the potential rewards outweigh these risks and I’d buy the penny stock in my portfolio. Simply click below to discover how you can take advantage of this. Nadia Yaqub has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. 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. 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. Nadia Yaqub | Wednesday, 17th March, 2021 | More on: SCLP Image source: Getty Images center_img 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. 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. “This Stock Could Be Like Buying Amazon in 1997” Our 6 ‘Best Buys Now’ Shares Enter Your Email Address See all posts by Nadia Yaqublast_img read more

Labour Minister Urges Workers to Increase Productivity

first_imgJamaicans have been called upon to increase the nation’s productivity levels even as they reflect on the accomplishments of workers during this year’s Labour Day and Workers’ Week celebrations . The call was made by Minister of Labour and Social Security, Hon. Derrick Kellier, in a message read by his Chief Technical Director, Errol Miller, at the National Workers’ Week and Labour Day Church Service held today (May 19) at the Bethel United Church of Jesus Christ, on Camp Road in Kingston. National Workers’ Week and Labour Day 2013 is being observed under the theme “Lend a Hand…Build our Land.” “Let us work smarter, use the resources, processes, technology and energy more efficiently and effectively and find ways to eliminate waste in our homes, work places and communities,” the Minister urged in his message. He also noted that productivity is the key to improving the standard of living, boosting economic performance and enhancing growth and development. “For far too long, Jamaica’s productivity has been lagging behind most countries in the Latin American and the Caribbean,” he noted. Reflecting on the theme for Labour Day, Minister of Youth and Culture, Lisa Hanna, urged Jamaicans not to wait until someone is dead before showing how much they are appreciated. “But let us start lending a hand to the vulnerable while they are alive,” she added.   Addressing parents, guardians and care-givers, Minister Hanna urged them to inculcate values and attitudes in our children that would build good community spirit. “Let us continue to teach them that the best value system that you can have is to help those that are not able to help themselves. Jesus said it best, do unto others as you would have them do unto you,” she said. Guest preacher was the Vice Chairman, committee for the Promotion of National Religious Services, Dr. Patricia Holness. During the service, lessons were read by Attorney General, Hon. Patrick Atkinson, representing Prime Minister the Most Hon. Portia Simpson Miller and Senator Arthur Williams, representing Leader of the Opposition, Andrew Holness. The service was organized by the Committee for the Promotion of National Religious Services in collaboration with the Jamaica Cultural Development Commission. National Workers Week will be observed from Sunday, May 19 to Thursday, May 23, which is National Labour Day. CONTACT: E. HARTMAN RECKORDlast_img read more

Energy Minister Highlights Growing Bunkering Sector

first_img The Government is working towards ensuring that Jamaica’s geographical advantage is leveraged to attract a sizeable shipping base, to boost the bunkering sector. The Government is working towards ensuring that Jamaica’s geographical advantage is leveraged to attract a sizeable shipping base, to boost the bunkering sector.This was emphasised by Minister of Science, Energy and Technology, Dr. the Hon. Andrew Wheatley, as he delivered the keynote address at the opening of the International Bunker Industry Association (IBIA) Caribbean Conference at the Hyatt Ziva Hotel in Montego Bay on April 18.“We want to ensure that players in the bunker supply chain are internationally competitive and that the supply infrastructure can cater to an expanded demand for bunkering,” he said. He pointed out that Jamaica is increasingly becoming a significant location for bunkering, driven by a number of factors.These include the projected rise in shipping traffic from the widening of the Panama Canal and the country’s positioning as a major cargo centre; and the country’s distinction of being a premier cruise destination with more than 1.9 million cruise ship stopover visitors.Dr. Wheatley said that with the accommodation of Post Panamax ships and other positive developments in future shipping traffic to Jamaica, the country’s outlook for bunkering is good.He added that Jamaica’s maritime appeal provided “unparalleled opportunities for the establishment of a range of ancillary services to the global shipping industry, as we move towards making Jamaica a major maritime centre in the Caribbean.”According to the Minister, the country’s thrust towards this end will be advanced with the development of a core of ancillary ship-related services which will allow it to capitalise on the cluster effect of a shipping hub.He informed that bunkering, which is the refuelling of ships, is a vital part of the shipping industry and that the Government is seeking to position the country to reap the rewards that are to be gained from the industry. “It is expected that bunker volumes will hit 1.9 million tonnes per annum by 2025, but only if the Government introduces the necessary legal and administrative framework,” he explained.The Minister said the Government is fully supportive of the growth of the bunkering industry and welcomes both local and foreign investors. “We see bunkering as an aggregate of ship-related services that will enhance the attractiveness and competitiveness of Jamaica as a premier shipping hub,” he said.The conference was hosted jointly by the Maritime Authority of Jamaica and IBIA from April 17 to 19. This was emphasised by Minister of Science, Energy and Technology, Dr. the Hon. Andrew Wheatley, as he delivered the keynote address at the opening of the International Bunker Industry Association (IBIA) Caribbean Conference at the Hyatt Ziva Hotel in Montego Bay on April 18. “We want to ensure that players in the bunker supply chain are internationally competitive and that the supply infrastructure can cater to an expanded demand for bunkering,” he said. He pointed out that Jamaica is increasingly becoming a significant location for bunkering, driven by a number of factors. Story Highlightslast_img read more