News
New entrance unveiled at Killarney Racecourse
Killarney Racecourse officially unveiled its new entrance as part of their bi-centenary celebrations programme.
Father and son Dermot Ivo O'Sullivan former Board of Directors Killarney Racecourse and his son Ivo O'Sullivan Director of Killarney Racecourse. Photo: Valerie O'Sullivan
Michael Cahill from Rathmore with his grandchildren Luke McMahon and Rory Cahill pictured at the Killarney Races August Festival opening day on Thursday evening. Photo: Don MacMonagle
Kerry Football captain Sean O'Shea and Ger Coughlan Killarney Race Committee pictured with the Sam Maguire Cup at the Killarney Races August Festival opening day on Thursday evening. Photo: Don MacMonagle
As part of Killarney Racecourse programme celebrating 200 years of horse racing in Killarney Minister for Education Norma Foley TD. was on hand on Friday afternoon to mark the bi-centenary by unveiling a new entrance to the racecourse. Members of Kerry County Council and Oireachtas Cllr Marie Maloney Cllr. Niall O'Callaghan Deputy Pa Daly TD. Cllr Donal Grady Cllr Brendan Cronin Cathaoirleach Kerry County Council Cllr. Niall Kelleher Gerard Coughlan (Chairman Board of Directors Killarney Racecourse) Cllr. John O'Donoghue Con O'Mahony (Board of Directors Killarney Racecourse). Photo: Valerie O'Sullivan
Kerry Football captain Sean O'Shea with Elliott Keane from Tralee and the Sam Maguire Cup at the Killarney Races August Festival opening day on Thursday evening. Photo: Don MacMonagle
Kerry Football captain Sean O'Shea with Aoife Aine and Sean Scanlon from Killarney pictured with the Sam Maguire Cup at the Killarney Races August Festival opening day on Thursday evening. Photo: Don MacMonagle
Minister for Education Norma Foley TD. was on hand on Friday afternoon to mark the bi-centenary by unveiling a new entrance to the racecourse. Photo: Valerie O'Sullivan
Jonathan Mullin Director of Communications and Corporate Affairs from Horse Racing Ireland pictured speaking at Killarney Racecourse during the 200 years of horse racing in Killarney. Photo: Valerie O'Sullivan
As part of Killarney Racecourse programme celebrating 200 years from left were: Cathaoirleach Kerry County Council Cllr Niall Kelleher Gerard Coughlan (Chairman Board of Directors Killarney Racecourse) Liam Sugrue(Farnes Construction) and Philip O'Brien (Manager Killarney Racecourse). Photo: Valerie O'Sullivan
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Kerry Football captain Sean O'Shea with fellow players and Ger Coughlan Killarney Race Company Chairman pictured with the Sam Maguire Cup at the Killarney Races August Festival opening day on Thursday evening. Photo: Don MacMonagle
Killarney punters Paudie Sheahan and Ger Healy pictured at the Killarney Races August Festival opening day on Thursday evening. Photo: Don MacMonagle
Rachel Foley Pam Treacy and Betty O'Connor from Killarney pictured at the Killarney Races August Festival opening day on Thursday evening. Photo: Don MacMonagle
Oonagh Groves Firies Donal Groves Firies and Naomi Reidy Firies County kerry pictured at the Killarney Races August Festival opening day on Thursday evening. Photo: Don MacMonagle
Kerry Football captain Sean O'Shea with committee members Aine O'Donoghue Con O'Mahony and Ger Coughlan and the Sam Maguire Cup at the Killarney Races August Festival opening day on Thursday evening.
Photo: Don MacMonagle
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Kerry Football captain Sean O'Shea with fans Jack and Mike Sheahan Farranfore pictured with the Sam Maguire Cup at the Killarney Races August Festival opening day on Thursday evening. Photo: Don MacMonagle
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Father and son Dermot Ivo O'Sullivan former Board of Directors Killarney Racecourse and his son Ivo O'Sullivan Director of Killarney Racecourse. Photo: Valerie O'Sullivan
Michael Cahill from Rathmore with his grandchildren Luke McMahon and Rory Cahill pictured at the Killarney Races August Festival opening day on Thursday evening. Photo: Don MacMonagle
Kerry Football captain Sean O'Shea and Ger Coughlan Killarney Race Committee pictured with the Sam Maguire Cup at the Killarney Races August Festival opening day on Thursday evening. Photo: Don MacMonagle
As part of Killarney Racecourse programme celebrating 200 years of horse racing in Killarney Minister for Education Norma Foley TD. was on hand on Friday afternoon to mark the bi-centenary by unveiling a new entrance to the racecourse. Members of Kerry County Council and Oireachtas Cllr Marie Maloney Cllr. Niall O'Callaghan Deputy Pa Daly TD. Cllr Donal Grady Cllr Brendan Cronin Cathaoirleach Kerry County Council Cllr. Niall Kelleher Gerard Coughlan (Chairman Board of Directors Killarney Racecourse) Cllr. John O'Donoghue Con O'Mahony (Board of Directors Killarney Racecourse). Photo: Valerie O'Sullivan
Kerry Football captain Sean O'Shea with Elliott Keane from Tralee and the Sam Maguire Cup at the Killarney Races August Festival opening day on Thursday evening. Photo: Don MacMonagle
Kerry Football captain Sean O'Shea with Aoife Aine and Sean Scanlon from Killarney pictured with the Sam Maguire Cup at the Killarney Races August Festival opening day on Thursday evening. Photo: Don MacMonagle
Minister for Education Norma Foley TD. was on hand on Friday afternoon to mark the bi-centenary by unveiling a new entrance to the racecourse. Photo: Valerie O'Sullivan
Jonathan Mullin Director of Communications and Corporate Affairs from Horse Racing Ireland pictured speaking at Killarney Racecourse during the 200 years of horse racing in Killarney. Photo: Valerie O'Sullivan
As part of Killarney Racecourse programme celebrating 200 years from left were: Cathaoirleach Kerry County Council Cllr Niall Kelleher Gerard Coughlan (Chairman Board of Directors Killarney Racecourse) Liam Sugrue(Farnes Construction) and Philip O'Brien (Manager Killarney Racecourse). Photo: Valerie O'Sullivan
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Kerry Football captain Sean O'Shea with fellow players and Ger Coughlan Killarney Race Company Chairman pictured with the Sam Maguire Cup at the Killarney Races August Festival opening day on Thursday evening. Photo: Don MacMonagle
Killarney punters Paudie Sheahan and Ger Healy pictured at the Killarney Races August Festival opening day on Thursday evening. Photo: Don MacMonagle
Rachel Foley Pam Treacy and Betty O'Connor from Killarney pictured at the Killarney Races August Festival opening day on Thursday evening. Photo: Don MacMonagle
Oonagh Groves Firies Donal Groves Firies and Naomi Reidy Firies County kerry pictured at the Killarney Races August Festival opening day on Thursday evening. Photo: Don MacMonagle
Kerry Football captain Sean O'Shea with committee members Aine O'Donoghue Con O'Mahony and Ger Coughlan and the Sam Maguire Cup at the Killarney Races August Festival opening day on Thursday evening. Photo: Don MacMonagle
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Kerry Football captain Sean O'Shea with fans Jack and Mike Sheahan Farranfore pictured with the Sam Maguire Cup at the Killarney Races August Festival opening day on Thursday evening. Photo: Don MacMonagle
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Minister for Education, Norma Foley together with Jonathan Mullin Director of Communications and Corporate Affairs from Horse Racing Ireland, The Irish Horse-Racing Regulatory Board and Killarney Racecourse formally opened the gates as part of a short ceremony before racing.
The project commenced in November 2020 and its completion was hindered by the COVID-19 pandemic, increased costs and availability of materials. The development has been partially grant assisted by Horse Racing Ireland’s Capital Development Fund.
“It’s a great honour as Chairman to mark this historic and momentous occasion as we celebrate 200 years of racing in Killarney and unveil this magnificent new entrance," Gerard Coughlan said.
"Racing in Killarney dates back to 1822 prior to establishing itself in 1936 in our current location which is now widely renowned as the most scenic racetrack in Ireland. Over the years there have been many famous and legendary people as well as some very high-class racehorses through our gates. Many high-profile jockeys have ridden at our track including the late great Lester Piggott, Frankie Detorri, to name but a few. The Race Company is deeply indebted to all our sponsors who generously contributed and supported the growth and development of Killarney Racecourse over the years, which has allowed us to grow our racing calendar to 13 superb race fixtures per annum. We are also most grateful for the tremendous support of our very loyal patrons who have frequented Killarney Races over the years. I would also like to thank all management and staff, current and past and my fellow directors for their vision, enthusiasm, and dedication to establishing Killarney as one of the leading racetracks in the country.”
A special note of thanks from the board of Killarney Racecourse DAC also went to Liam Sugrue of Farnes Construction and his team, Engineer, Ian Brosnan of Malachy Walsh and Partners, Brendan Williams, Architect, Sapphire Signs, Anita Barber, Landscaper and Kerry County Council Engineers John Ahern and Stephan Sheehan.
News
Five questions to ask yourself before buying a stock
By Michael O’Connor, theislandinvestor.com When it comes to investing, nothing is certain. There are no perfect stocks to buy because there’s no way of predicting the future with 100% accuracy. […]
By Michael O’Connor, theislandinvestor.com
When it comes to investing, nothing is certain.
There are no perfect stocks to buy because there’s no way of predicting the future with 100% accuracy.
The truth is, investing is hard, and building a portfolio of top stocks that beat the market is something that even financial professionals have trouble doing consistently.
For most people, investing in index funds is the perfect hands-off approach, providing broad exposure to the stock market at a very low fee. Even my own personal portfolio is made up of roughly 70% ETFs despite the fact I invest in the market for a living.
But I believe some stock picking is a good strategy for many hands-on people.
Taking a small portion of your overall portfolio and diligently selecting a small number of companies to invest in gives you an opportunity to learn about the investing process and fully understand the businesses you are investing in, which helps to build conviction in your positions.
From a psychological standpoint “collector’s instinct” kicks in, enabling people to participate and invest more money over time.
Lastly, for Irish investors, there are tax benefits to consider. If you invest in individual stocks, you are taxed at the CGT rate of 33%, and the first €1,270 of your gains are exempt from CGT each year. When investing in index funds or ETFs, you are taxed at the exit tax rate of 41% with no annual exemption.
For those interested in picking individual stocks, here are five questions you should ask yourself before investing in any company.
Do I understand the business?
Too many people invest in businesses they don’t understand because it ‘sounds good’. If you have no idea how the company works, you won’t have the conviction needed to hold onto the stock when an inevitable downturn comes.
Can the balance sheet withstand severe, temporary adversity?
This seems obvious, but so many people invest in companies without understanding how much money a company holds and who they owe money to. Economic cycles are guaranteed. You must ensure that the company has enough cash-on-hand to avoid becoming obsolete when activity slows.
Will the company benefit from long-term trends?
Make sure the company will remain relevant into the future. If the stock is cheap now, it may be cheap for a reason.
Is the company enjoying profitable growth?
Not growth at all costs, but a combination of sustainable growth and value. All this information can be found online at sites like stratosphere.io.
What are the risk factors?
Is the company trying something new and untested? If yes, who are its competitors and how successful are they? If other players are more established, this company may have a tough time breaking into the market.
News
Ballyspillane staff open up mental health conversation
By Michelle Crean “Hello, How Are You?” that’s the question staff at Ballyspillane Community Centre will be asking next week as part of a new campaign. It’s all in partnership […]
By Michelle Crean
“Hello, How Are You?” that’s the question staff at Ballyspillane Community Centre will be asking next week as part of a new campaign.
It’s all in partnership with Mental Health Ireland (MHI) and the centre will host an information/coffee morning on Thursday next (March 30) at 12.30pm at their centre and all are welcome to attend.
The campaign initiated by MHI identifies the need for positive engagement and connections with the people around us.
It asks people to engage in open conversations about mental health and prompts us all to ask the question “How Are You?”
The word HELLO is a useful acronym to guide everyone through such conversations, H: Hello, E: Engage positively with the person, L: Listen actively, L: Learn about the person and O: seek options to assist the person if required.
“We all need a listening and compassionate ear sometimes to get us through some challenges in our lives and I think the pandemic has opened a new way of looking at the world, where we can all recognise the challenges that people experience more readily,” Derek O’Leary, Manager of Ballyspillane Community & Family Resource Centre, said.
“Our team here are in the business of supporting families and individuals across the Killarney area and beyond and see the challenges that people face first hand. We also see the positive impact that a caring person can have in such circumstances and this campaign that encourages positive engagement, regarding mental health is a great reminder to us all, the role we can play is assisting others who are struggling.”
Ballyspillane Community & Family Resource Centre provide a suite of support and intervention services including family supports, social prescribing/community connection services and physiotherapeutic services across the Killarney municipal area and beyond.
Five questions to ask yourself before buying a stock
By Michael O’Connor, theislandinvestor.com When it comes to investing, nothing is certain. There are no perfect stocks to buy because...
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