Podcasts about mbsc

The MPC is scheduled to meet later today to decide on interest rates. We believe the CBE has the room to ease by up to 200 bps in its meeting today.The Finance Ministry has more than doubled its target for international debt issuances in the draft budget for the next fiscal year, coming in at a total of EGP400 billion (USD8 billion), up from EGP150 billion (USD3 billion) in the current fiscal year, according to official figures. Remittances from Egyptians abroad continued their upward pace at the start of the year, rising 83.2% y-o-y to USD2.9 billion in January, according to a statement from the CBE.  The Finance Ministry expects Suez Canal revenues from transit fees to almost double to USD6.3 billion in the budget draft for FY25/26, compared to USD3.7 billion estimated in the current fiscal year. Suez Canal revenues reached USD3.99 billion in 2024, a 61% decrease compared to USD10.25 billion in 2023, due to lower tonnage, impacted by Red Sea disruptions. Property developer Landmark for Real Estate Development (LMD) is in talks with the Egyptian government to develop a new USD4 billion mixed-use project in Cairo, Managing Partner Hamad Al Abbar said.Chevron — the operator of the last active exploration block in the Red Sea — is reportedly on its way out of the block it operates, Asharq Business reported, citing an unnamed government source. Investment Minister Hassan El Khatib and Tunisian Prime Minister Sara Zaafarani discussed putting into motion a proposal to establish a joint bank to facilitate investment and trade between the nations, according to a ministry statement.Petroleum products' subsidies increased by about EGP28 billion during the 9M24/25, reaching EGP104.9 billion, compared to EGP76.3 billion in the comparable period a year before.MBSC attributable bottom line recorded an impressive EGP495.0 million (+295% YoY, +199% QoQ) during 4Q24, bringing FY24 attributable bottom line to EGP833.5 million (+126% YoY). Enhanced profitability came on the back of sturdy revenue growth and operating margin expansion that trickled down to bottom line. MBSC is trading at FY25e P/E of 8.4x. MBSC BoD approved a capital decrease through the cancellation of treasury shares amounting to 6.1 million shares at a value of EGP61.1 million, resulting in issued and paid-in capital of EGP550.2 million.EFIC will distribute cash dividends of EGP15.00/share over three equal tranches on 30 April, 20 August, and 30 September 2025, for shareholders on record on 27 April 2025. This implies a dividend yield of 10% and a payout ratio of 62% of FY24 earnings. MFPC will distribute cash dividends of EGP1.00/share on 7 May 2025 and EGP2.50/share on 30 September 2025 for shareholders on record on 4 May 2025. DPS totals EGP3.50/share for FY24, implying a dividend yield of 8% and a payout ratio of 48% of FY24 earnings.OCDI intends to sign a co-development agreement with Midar in 3Q25 to develop a 4.2 million sqm land plot in East Cairo.

Negotiations are currently underway to open branches of Egyptian universities overseas, with the efforts taking place within a push internationalize the higher education sector in Egypt and education service exports.The Egyptian Customs Authority (ECA) has begun procedures to release the roughly 30k vehicles currently stranded at the country's ports that violated previous personal import or disabled-accessible vehicle import regulations, according to a document from the authority. Lawmakers gave the final sign-off to a government-drafted law that directs cash-based subsidies to citizens who fall below the poverty line and lack access to social ins. initiatives.  MPs signed off on a EUR 135 mn grant from the European Investment Bank to support the Environment Ministry's Sustainable Green Industry project, which will support the greening of the country's industrial sector by implementing climate change and environmental sustainability measures.Egypt's fuel imports amounted to c.USD15.5 billion in 2024, an increase of 26% YoY. According to a government official, petroleum products imports accounted for the largest share of the import bill last year, at a value of nearly USD10 billion.ESRS board of directors decided to continue the procedures for delisting its shares from the EGX, pending the general assembly's approval.  Objecting shareholders can sell their shares back to the company at the independent financial advisor's fair value of EGP138.15/share.The Parliament greenlit the Finance Ministry guaranteeing EGAL's financial commitments with Norwegian renewables firm Scatec under a power purchasing agreement between the two. MBSC inked an EGP298 million agreement to build a solar power plant, at the company's facility in Beni Suef, in partnership with Chinese tech giant Huawei, Chinese solar module manufacturer Jinko Solar, and local renewables company Integrated Renewable & Sustainable Communities. The solar project will support the company's efforts to power its industrial activities with renewables.ExxonMobil has found natural gas at its Mediterranean's North Marakia offshore concession after drilling at the block began in mid-December. The size of the find has yet to be determined, but pre-drill estimates came in at around 3.5 trillion cubic feet, the report reads.Chemicals and Fertilizers Exports Council is asking for increasing export subsidy to a minimum of EGP50 billion, from EGP23 billion currently to be able to increase exports to EGP100 billion.Tasaheel micro finance issues sukuk with a value of EGP7 billion next month. 

Prime Minister said that there is a plan to offer three to four companies affiliated with the military on the EGX. We should know more next week with the release of the government's privatization plan for the coming period.Prime Minister said that foreign companies, both new to the market and veterans, are getting ready to launch projects, including in the automotive and renewable energy industries.Scatec's Obelisk Solar was granted a golden license for a USD600 million solar project over a 16.3 sq km area in Nagaa Hammadi. Scooter manufacturer Piaggio is mulling reopening its factory in Egypt.Home appliances manufacturer Ariston is thinking about expanding its presence in the Egyptian market. Railway company HitachiRail, which recently acquired Thales' ground transportation unit, is looking to expand its footprint in Egypt.Luxury yacht manufacturer Navigo highlighted its interest in investing in Egypt's yacht industry.Industrial vehicles manufacturer Iveco is conducting a feasibility study to launch a new factory in Egypt for truck manufacturing.Railway and urban mobility company Salcef Group discussed establishing a new company in collaboration with Egyptian Railways for Track Renewal and Maintenance Company.The Prime Minister stated that there are five global alliances competing to plan the area surrounding the Pyramids, the Grand Egyptian Museum, and the Sphinx Airport.Italian state-owned Italian State Railways discussed submitting an offer to manage and operate Egypt's high-speed electric rail network.China's New Hope Group is exploring a USD100 million investment to establish a feed production complex in an industrial zone.FutureFert is set to launch the first phase of its USD40 million fertilizer plant after receiving a golden license for the project. Yemen's Al Kbous Tea plans to invest around USD30 million in Egypt over the next two years to boost production capacity and upgrade machinery.The New Urban Communities Authority is mulling a EGP150 billion sukuk program in 2025, which would help fund the development of land plots in new cities.United Bank's shares are expected to debut on the EGX next week, with sources telling media that shares could start trading on Tuesday. HRHO announced the completion of its advisory services for the IPO of United International Holing (UICH) in Tadawul Saudi Arabia with a market cap of USD264 million. ATLC general assembly approved the distribution of cash dividends of EGP0.599/share forFY23, implying a dividend yield of 13.1%.EFIH's cash dividends of EGP0.197/share record date is on 24 December 2024 and distribution date is on 29 December 2024.MBSC reported solid financial performance in 3Q24. Net profit came in at EGP165.4 million (+7.3% YoY, -8.1% QoQ). 9M24 net profit recorded EGP387.0 million, up from EGP243.7 million in 9M23. MBSC is trading at FY25 P/E of 10.3x and EV/EBITDA of 7.7x.ARCC is to distribute cash dividends of EGP1.585/share for FY23, implying a payout ratio of 87% and a dividend yield of 11%.CCAP's waste management company Ecaru will close and rehabilitate the Qalabshu landfill in Dakahlia as part of the Kitchener Drain Project, under a EUR10 million agreement inked with the Local Development Ministr

 In line with our expectation, the CBE left interest rates unchanged after its MPC Committee met on Thursday. A coalition of Chinese companies has been established to develop a 1 million feddan integrated farming zone in the New Valley Governorate.  Planning and International Cooperation Minister Rania Al Mashat met with a delegation from the European Union to discuss unlocking EUR1.8 billion in investment guarantees from the bloc.The government is planning to slash customs clearance times to two days by 2025, Investment Minister Hassan El Khatib said.The Senate will vote on a bill that aims to tighten restrictions on those aiming to join the importers registry, stipulating that those aiming to join the register should have a capital of at least EGP500k, and for limited liability companies to have a paid up capital of at least EGP2 million. A group of Saudi families intend to pump investments of USD150 million into the Egyptian market in the coming period, according to the head of Business City Group, an investment advisory company.The Suez Canal Economic Zone (SCZone) signed a land usufruct agreement with ORAS subsidiary, Orascom Industrial Parks, for its already announced EGP13 billion integrated industrial complex planned for the Sokhna Industrial Zone. A consortium of international institutions is to provide some USD106 million in new funding to the Red Sea Wind Energy (RSWE) — a JV between ORAS, France's Engie, and Japan's Toyota Tsusho/Eurus Energy. PHDC and Marriott International signed an agreement to establish The Ritz-Carlton Residences. CCAP sent a release concerning an administrative seizure by the Egyptian Customs Authority on ERC for a total amount of EGP379 million representing tax differences and customs duties due for 15 customs declarations, in addition to additional added tax (VAT ). In conclusion, the negotiations between the Egyptian General Petroleum Corporation and the Customs Authority on 20 November 2024 successfully led to the Customs Authority lifting the administrative seizure.A consortium of local banks is currently studying a USD100 million syndicated loan for the Egyptian Bioethanol Company (EBIOL) to build its bioethanol factory in Damietta with a capacity of 100k tons per year. We note that SKPC owns 7.5% of EBIOL.We updated our FV of PHAR to EGP63.25/share and maintain Overweight.PHAR's USD100 million biopharma factory is set to launch operations in 1Q25, according to a Health Ministry statement. The factory aims to localize the production of biologics and biopharmaceuticals both in terms of their final products and as active ingredients.HRHO's commercial bank, Bank NXT, signed a cooperation protocol with the Urban Development Fund (UDF) to provide mortgage financing to individuals purchasing UDF units in governorates across the country. National Investment Bank (NIB) sold almost its full stake of 9.99% in MBSC in a deal worth EGP287.3 million. NIB sold 6.11 million shares at a price of EGP47.00/share.A number of car agents are negotiating with El Nasr Automotive to use its production lines to locally assemble some of their models during the coming period. The contracts of beet sugar producing companies recorded an increase during the current season, supported by an increase in the cultivated area of beets by 16% since the start of the planting season last August until 10 November.

Saudi Crown Prince Mohammed bin Salman announced that he has directed Saudi's Public Investment Fund (PIF) to pump USD 5 bn in investments into Egypt as part of the “first phase” of a larger program of investment.The Agreement on Promotion and Mutual Protection of Investments between the two countries will be put into effect in two months or less after both sides sort out the necessary legislative and regulatory issues.A new package of tax incentives for SMEs are soon to be released as part of the government's new tax reform package. The government is reconsidering its decision to sell the Siemens-built Beni Suef power plant, unnamed government sources told Al Arabiya. Saudi energy player ACWA Power is considering investing USD1.5 bn in a new project in Egypt, the company's vice chairman, Raad Al Saady, said.Egypt's wheat imports increased 30% y-o-y in 1H 2024 to USD2.3 bn.The number of taxpayers with the Egyptian Tax Authority increased during 8M2024 by 105% compared to the same period last year.We published our 2Q24 Cement Wrap Up report yesterday; we upgraded our FV for ARCC to EGP17.80/share with Overweight recommendation, we upgraded our FV for MBSC to EGP53.30/share with Overweight recommendation, and we upgraded our FV for MCQE to EGP26.00/share with Equalweight recommendation. EGAL is in serious talks with the German company Achenbach over its potential investment and funding of EGAL's aluminum foil production line with estimated investments of USD100 million. MCQE to distribute EGP0.5/share for FY23 over two equal installments, as previously approved by the general assembly. Record date is 25 September 2024. Distribution date of first installment is 30 September 2024. Distribution date of second installment is 28 November 2024. The Industry Ministry is looking into contracting local and foreign private players to take over the management and operation of three industrial zones.Hisham Ezz Al Arab appointed as CIB's CEO and board member, taking over from Hussein Abaza, who took a three-year stint at Banque du Caire as its CEO, taking over from Tarek Fayed. While Neveen Sabbour will replace Ezz Al Arab as non-executive chairman. The FRA has updated the regulations that govern mergers and acquisitions of NBFIs in a move aimed at enhancing competitiveness and streamlining the approval process, according to a statement.  CICH will introduce a cash incentive scheme for employees, executive board members, and its subsidiaries after its board greenlit the move in principle. The scheme will allocate 3% of the company's fair value for the FY ending in 2025 and will be paid in EGP after 31 December 2025.Majid Al Futtaim has announced a strategic partnership with HRHO's consumer finance arm, ValU, to launch a gift card procurement service to provide flexible payment solutions.City Lab is set to finalize its acquisition of Cairo Clinical Labs, with the two sides agreeing to ink the final agreement tomorrow, City Labs said in an EGX disclosure. Egyptian Drug Holding Company received five offers from investment banks to manage the public offering of Chemical Industries Development Company-CID and Misr Pharma on the EGX.  Fertilizers exports declined by 20% YoY during 1H24 to USD1.085 billion, from USD1.358 billion in 1H23.According to local media, CIRA is close to completing the latest issuance of future rights securitization bonds worth EGP500 million early next month.

The MPC will meet on Thursday, 5 September, to decide on key interest rates. We expect the CBE to keep the current rates on hold in its upcoming meeting on 5 September, with a potential rate cut in 4Q24, or - more conservatively - in 1Q25.Net foreign asset surplus expanded 3.5% to USD13.3 billion in July, up from USD12.9 billion in June.The government has purchased a “large volume” of fresh oil hedging contracts, Prime Minister Madbouly said.The government has stocked up on strategic reserves of essential commodities, and Egypt currently has a six-month supply of strategic reserves, according to Prime Minister Madbouly.The government is looking into introducing a number of incentives for tourism developers over the coming couple of years.Madbouly said that he hopes to see the initial phases of the implementation of cash-based subsidies at some point during the next fiscal year.The government has paid some EGP10 billion in overdue payments to pharma and medical supplies manufacturers over the last two months. An energy corridor connecting Egypt and Cyprus that would carry natural gas and renewable energy was discussed by Oil Minister and his Cypriot counterpart. The Trade and Industry Ministry launched a new online platform showcasing industrial investment offerings in partnership with EFIH.Chairman of GAFI said that Egypt aims to increase FDI above previous levels to reach about USD15 billion at the end of the current fiscal year 2024-2025.The German Development Bank approved financing worth EUR147 million for energy efficiency improvement projects in EgyptMinister of Petroleum and Mineral Resources said that the Sukari gold mine has produced 5.8 million ounces since the start of production.TMGH (FV: EGP75.00, OW) is undertaking the legal and technical procedures related to projects in Iraq.MBSC posted its financial results for 2Q24 with net profit soaring to EGP180.0 million (+314% YoY, +334% QoQ) mainly on a reverse of a financial obligation of EGP135.4 million after settling the contractual dispute with CCAP's subsidiary. 1H24 earnings surged 111% YoY to EGP221.5 million. MBSC is trading at FY24e PE of 8.8x and EV/EBITDA of 10.2x.SWDY (FV: EGP45.69, EW) did not sign any contracts regarding the execution of a big industrial zone in Iraq, according to a release sent to EGX.The government is considering a program to support steel rebar exports to African and Arab countries. The subsidy program is to include reducing production costs and manufacturing inputs, as per local media. A consortium of ORAS (FV: EGP344.18, OW), Hitachi, and French firm Colas Rail will develop Metro Line 1 under an agreement inked with the National Tunnels Authority. The project is to be financed by EGP10 billion from the Transport Ministry and EUR605 million from soft loans from international financial institutions, as per local media. Fertiglobe, ORAS (FV: EGP344.18, OW), and Scatec will receive usufruct rights in Ain Sokhna Industrial Zone to set up wind and solar power plants that will feed their green hydrogen plant.According to media, BINV plans to sell a 20-30% stake in its subsidiary, Gourmet, before the end of 2024.The FRA is studying the files of issuing three sukuk programs worth up to EGP12 billion.Sources confirmed the completion of the formation of the new Board of Directors of National Bank of Egypt and Banque Misr.According to local press, Basata Holding for Financial Payments, a JV between MTIE and BINV, wants to increase its stake in Jordanian bill payment provider MadfoatCom to 49%.According to local press, DSCW wants to complete its proposed acquisition of a controlling stake in Twin Top Real Estate Investment Company by the end of 3Q24.

Rock talks with Kevin Carr, co-founder of the Certified Functional Strength Coach with Mike Boyle. TIME STAMPS 1:30 University of Massachusetts at Amherst 3:00 Joining Mike Boyle Strength Coach 8:00 Creating education for coaches and trainers 11:00 Functional means purposeful 13:30 Changing programs for general population 18:30 Specialized athlete instead of multi sport 21:15 Talking to the parents 24:00 Integrating manual and movement therapies 27:30 Balancing on the homeostasis line 32:30 How can you do a better job 35:30 Marrying movement quality with force production 39:45 Speaking at Perform Better Training Summit in Providence 42:15 Largest learning experience 45:15 How to win friends and influence people GET TO KNOW KEVIN CARR LINKEDIN: https://www.linkedin.com/in/kevincarrcfsc/ INSTA: https://www.instagram.com/movementasmedicine/ MBSC: https://www.bodybyboyle.com/ GET TO KNOW ROCKY SNYDER MEET: Visit the Rocky's online headquarters: RockySnyder.com READ: Grab a copy of his new "Return to Center" book: www.rockysnyder.com INSTA: Instagram fan, check him out at https://www.instagram.com/rocky_snyder/ FACEBOOK: https://www.facebook.com/rocky.snyder.77 LINKEDIN: https://www.linkedin.com/in/rocky-snyder-cscs-cafs-nsca-cpt-a77a091/ TRAIN WITH ROCKY WORKOUT: Want to meet Rocky and get a private workout: https://rfcsantacruz.com/ INSTA: https://www.instagram.com/rockysfitnesssc/ FACEBOOK: Facebook.com/RockysFitnessCenter

Remittances from Egyptians abroad surged 43.8% YoY in April to USD2.2 billion. On a monthly basis, remittances increased for the second consecutive month, rising 2.6%. A number of government officials are reportedly in London today to gauge foreign appetite for fresh debt issuances, including the possibility of a eurobond issuance. The Ministry of Petroleum will launch an international tender to import about 15 shipments of liquefied gas until next October to meet the country's fuel needs.The Supply Ministry is now looking to import some 5 million tons of wheat this year, down from its initial target of 6 million tons, as it works to up its purchases of local wheat. The Finance Ministry will begin disbursing the first batch of export subsidies under the seventh phase of the program today. Some 360 exporters will start receiving some EGP10 billion in export subsidies during this phase. The second and third batches are scheduled for 27 June and 8 August. The General Administration of Cost and Pricing at the Egyptian Electricity Utility Regulatory Authority will finish within days the proposals and scenarios for determining electricity prices that are to be implemented as of next July. The Head of the Sugar and Integrated Industries Company said that the fair price of sugar on the ration card is EGP24 per kilo, after the rise in production costs.Pressure fluctuations in the natural gas pipeline network have forced several companies in the fertilizer and petrochemical sector to suspend production until the gas flow stabilizes. MFPC, ABUK, and  EKHO's AlexFert said they are putting production on hold for an initial 24 hours, while SKPC and EGCH said they are suspending production until the pressure levels stabilize. On the other hand, EFIC announced that it will not be affected by the cut as it does not use natural gas as a main raw material. However, the Oil and Electricity Ministries said they would gradually increase gas supplies to fertilizer companies starting today.MBSC posted its unaudited financial results for 1Q24 with net profit dropping to EGP41.5 million (-32% YoY, -67% QoQ) primarily on tight margins due to the company's high dependency on imported coal as its main source of energy to operate its facility. MBSC is trading at FY24e PE of 7.7x and EV/EBITDA of 5.6x. Rosetta for Energy Solutions, a subsidiary of TAQA Arabia signed a MoU with Elsewedy Industrial Development, a subsidiary of SWDY to supply natural gas to Elsewedy Industrial City (EIC) in Tanzania via a first-of-its-kind innovative LNG Virtual Pipeline. Egypt's total iron and steel exports dropped 21% YoY to USD600 million in the first 4-months of 2024.EAST has addressed some property and liability insurance companies operating in the Egyptian market to present its technical and financial offers to insure the company's assets, including the company's buildings, facilities, and liabilities, with total amounts amounting to EGP65 billion.A number of Egyptian banks doubled the limits of the use of credit cards in Saudi riyals, whether for purchases or cash withdrawal, in tandem with the approach of the Hajj season.SFE is conducting a restructuring process for Misr Life Insurance Company at the moment, by separating real estate activity, in preparation for selling a share of it to one of the strategic investors during the coming period. 

Prime Minister said that a subsidized bread loaf will be sold at 20 piastres, up from 5 piastres starting in June.The government is currently looking into replacing subsidies with cash support, a move which will allow citizens to use the support according to their needs.The government will hike electricity prices in July with the beginning of the new fiscal year. On average, the hikes will exceed 20%, but not yet determined.The EU and Egypt are expected to sign an EUR35 million financing agreement next month to fund renewable projects.The state has put forward some 45 potential investments within the healthcare sector in front of the private sector.The Supply Ministry will ink a number of contracts with local and foreign companies next month to set up 12 trade and logistic centers, worth a combined EGP40 billion.The government plans to exit renewable energy projects, to make a way for the private sector to implement the state's plans to expand the production of electrical energy from its renewable sources.Egypt's exports of ready-made clothing increased to USD856 million during the 4M 2024, an increase of 23% y/y.ETEL recorded 1Q24 net profit came of EGP3.88 billion (+1.9% YoY, +68% QoQ). ETEL is trading at 2024f P/E of 3.8x.MTIE reported 1Q24 net attributable profit of EGP248 million (+62% YoY, +16% QoQ). MTIE is trading at 2024f P/E of 11.4x.HDBK1Q24 standalone net profit recorded a strong EGP2,426 million (+51% q/q, +83% y/y). HDBK is currently trading at 2024 P/E of 2.6x.BINV (FV: EGP34.16, OW) released positive 1Q24 bottom line recorded EGP892 million (+167% y/y).ValU, HRHO's subsidiary, signed a partnership agreement with the Magdi Yacoub Heart Foundation to facilitate donations. Also, the company is targeting securitization issuances worth EGP1.25 billion by mid-July and a financing portfolio of EGP13 billion by the end of 2024 (+45% y/y).The online marketplace Jumia and CNFN's Creditech have renewed their partnership, which started in January 2023. ECAP recorded a drop in 1Q24 net profit to EGP13.8 million (-76% YoY, -56% QoQ) on the back of operating margins erosion, increasing financing costs along with a FX loss of EGP35.4 million. ECAP is currently trading at FY24e P/E of 14.4x.We updated our FV for LSCW to EGP30.08/share (+35% upside potential), maintaining our Overweight recommendation, where the recent economic reforms, mainly EGP floatation, have been instrumental in shaping LCSW's operational performance.MBSC to reduce its capital from EGP679.3 million to EGP611.4 million by cancelling treasury shares in total of 6.8 million shares, effective June 3, 2024. Accordingly, we adjust MBSC's FV to EGP49.08/share from EGP44.17/share.SCEM is increasing its issued and paid-in capital through a rights issue from EGP1.3 billion to EGP3.0 billion. The capital increase proceeds will be used to pay the company's loans and credit facilities in order to reduce financing costs.ATQA released 1Q24 net profit of EGP60.9 million, -53% lower y/y, on the back of tighter operating margins as well as a negative figure of EGP123.6 million resulting from the revaluation of short-term investments in listed stocks.Ashry Steel Group aims to invest EGP8 billion into expanding its operations over the coming two years.POUL reported 1Q24 attributable net profit of EGP548 million (flat YoY, +17.2x QoQ). The substantial sequential growth in bottom line is mainly attributed to the weak base effect of 4Q23 given the high FX losses. POUL is currently trading at 2024f P/E of 1.8x.ALCN reported net profit of EGP4.08 billion in 9M23/24, increase of 28% YoY.EGAS purchased an additional 0.61% stake, representing 12.8 million shares, in MFPC, bringing its stake in the company to 9.07%.

Brought to you by Perform Better Check out the latest sale at PerformBetter.com Highlights of Episode 378 "Hit The Gym with a Strength Coach" Segment Kevin Carr, co-owner at MBSC and CFSC, founder of Movement as Medicine We spoke about: How much time to spend on content His lecture at the MBSC Spring Seminar, "5 Fitness Facts That Could Save Your Life" Lifespan vs. Healthspan How can training help both Lifespan and Healthspan What can we do to maintain cognitive health for our clients The important of VO2 Max How to implement the 2-mile bike test to help determine intervals how they are using intervals to improve VO2 max much more   The StrengthCoach.com Coaches Corner with Coach Boyle We spoke about: Revisiting Force review of Hunter Eisenhower's articles on Simplifaster what he is learning about force how he is thinking of implementing some new concepts based on this deep dive   Check out the MBSC Spring Seminar April 13-14     "Maximizing the Member Experience"  Brought to you by Naamly Sumit Seth discusses "Asking form Referrals- it's not just about business growth, it's about building community" Naamly is the member experience platform for modern training gyms - It puts all of your communication with your members in one place, allowing you to keep track of that communication, so important for retention.  Get the Exclusive Naamly Fitness Business Boost Bundle BOOST #1 - Checklist: 51 Ways to acquire clients WITHOUT running ads. Use these to Increase your revenue. BOOST #2 - Cheatsheet: 12 Places to look to hire STAR Trainers. Recruiting will no longer be a challenge! BOOST #3 - Guide:9 Secrets to Increase Your Retention.Focus on these to grow consistent profitability. Click here to get the Bundle About "Be Like the Best" During the last 17 years of interviewing many strength coaches, fitness professionals, physical therapists and gym owners, Anthony Renna has accumulated a rolodex of “The Best of the Best” in the fitness profession. This book is a collection of interviews with some of those top successes. Through his conversations, you'll learn how they evolved in their careers, what habits and traits they believe made them successful, their goal setting processes, how they get through the hard times everyone faces and even some books to read and people they recommend following. After each interview, you'll find a challenge or action step based on an important takeaway from each interview.  These are designed to encourage you to build the habits to Be Like the Best on your journey to dominating in this profession. As a fitness professional, you're already making an impact in your clients, athletes and patients. This book will help you stand out in a crowded field and help guide you on the road to success. Go to BeLiketheBest.com for more info Thanks for Listening!

Brought to you by Perform Better Check out the latest sale at PerformBetter.com Highlights of Episode 377 "Hit The Gym with a Strength Coach" Segment Luka Hocevar, founder and co-owner Vigor Ground Fitness and Performance in Seattle, WA We spoke about: How much time to spend on content How creating content can make you a better coach when you do it the right way Creativity is a habit Making it pretty with lighting, angles, cuts, etc. vs. "Just Do It" The value of repurposing Using your social media for local business His lecture at the MBSC Spring Seminar- "Content That Educates, Entertains, Positions, and  Sells" (link to the seminar below) much more   The StrengthCoach.com Coaches Corner with Coach Boyle We spoke about: Why “it happens in a game” is a bad defense for bad training Charlie Weingroff's lecture on conditioning at MBSC 4 levels of belief  Check out the MBSC Spring Seminar April 13-14 Check out my special interview with Coach Boyle "40 Mistakes, 40 Years"   "Maximizing the Member Experience"  Brought to you by Naamly Sumit Seth discusses "Selling Upgrades- products complementary to your services" Naamly is the member experience platform for modern training gyms - It puts all of your communication with your members in one place, allowing you to keep track of that communication, so important for retention.  Get the Exclusive Naamly Fitness Business Boost Bundle BOOST #1 - Checklist: 51 Ways to acquire clients WITHOUT running ads. Use these to Increase your revenue. BOOST #2 - Cheatsheet: 12 Places to look to hire STAR Trainers. Recruiting will no longer be a challenge! BOOST #3 - Guide:9 Secrets to Increase Your Retention.Focus on these to grow consistent profitability. Click here to get the Bundle About "Be Like the Best" During the last 17 years of interviewing many strength coaches, fitness professionals, physical therapists and gym owners, Anthony Renna has accumulated a rolodex of “The Best of the Best” in the fitness profession. This book is a collection of interviews with some of those top successes. Through his conversations, you'll learn how they evolved in their careers, what habits and traits they believe made them successful, their goal setting processes, how they get through the hard times everyone faces and even some books to read and people they recommend following. After each interview, you'll find a challenge or action step based on an important takeaway from each interview.  These are designed to encourage you to build the habits to Be Like the Best on your journey to dominating in this profession. As a fitness professional, you're already making an impact in your clients, athletes and patients. This book will help you stand out in a crowded field and help guide you on the road to success. Go to BeLiketheBest.com for more info Thanks for Listening!

Moody's Ratings has upgraded Egypt's credit outlook from negative to positive following the country's successful acquisition of fresh foreign funds.The Ministry of Finance intends to raise its expectations for interest rates on Treasuries to reach 28.5% in the budget for FY2024-25.The CBE raised EGP87.8 bn in a one-year t-bill auction on Thursday — receiving offers for almost 3x the amount sold. The bills were sold at an interest rate of 32.3%. International investors bought up USD825 mn (c. EGP 40.7 bn) of the EGP 102 bn-worth of bills sold.Banks have bought and sold some USD1.9 bn on the interbank market since Wednesday morning, when the central bank unveiled its decision to move to a flexible EGP exchange.NBE, Banque Misr, CIB, and the Arab African International Bank (AAIB) were among the banks who have revised their monthly credit card FX spending limits after the CBE instructed banks to gradually lift restrictions on credit card FX transactions.The government signaled that it has the will and the ability to clear the backlog of goods in ports stemming from the FX shortage. The IMF said that the CBE is committed to use a large portion of the flows from Ras El Hekma deal to rebuild foreign exchange reserves.GASC canceled a wheat tender it held last Thursday on high prices, with bid prices rising to between USD226 and USD235 per ton.We raise our FV for EFIC to EGP89.00/share with an overweight recommendation. EFIC's BoD proposed the distribution of EGP7/share in cash dividends from 2023 profits, implying a payout ratio of 73%. EFIC is currently trading at a 2024f PE of 4.7x and EV/EBITDA of 3.4x.MBSC reported 4Q23 and FY23 consolidated financial results, recording a net profit of EGP125.4 million in 4Q23 (-48% YoY, -10% QoQ), bringing FY23 bottom-line to EGP369.1 million reversing last year losses of EGP145.9 million. MBSC is trading at FY24e P/E of 10.8x and EV/EBITDA of 7.8x.According to local media, The Holding Company for Construction and Development intends to offer an additional stake of HELI on the Egyptian Stock Exchange or to a strategic investor, after completing the company's development process. The Company received 4 offers for New Heliopolis development.Al Ahly CIRA will commence operations at the Saxony Egypt University of Applied Sciences and Technology (SEU) in September after it received the greenlight from the cabinet. 

The Finance Ministry is looking to raise USD500 million in a bond issuance in India in 2024, Minister said. The bond would be denominated in INR. The tax revenue on the Suez Canal Authority's income during 1Q23/24 increased by 151.6% to EGP21.4 billion.The CBE is currently negotiating with the UAE to roll over a USD3 billion deposit, due current December.The African Finance Corporation aims to pump investments worth more than USD1 billion into mega projects in the Egyptian market during the coming period.From COP28: Six major oil players, including BP, Eni, and Total Energies, each pledged USD25 million for a new fund that will help oil companies across developing countries bring down their methane emissions. We published our 3Q23 Cement Wrap Up and Valuation Updates report today, where:•We upgraded our FV for ARCC to EGP13.01/share up from EGP9.94/share and maintain our Overweight recommendation for the stock.•We upgraded our FV for MCQE to EGP22.36/share up from EGP15.18/share and maintain our Equalweight recommendation for the stock.•We upgraded our FV for MBSC to EGP44.17/share up from EGP25.73/share and maintain our Equalweight recommendation for the stock.SWDY (FV: EGP34.96, OW) signed a MoU with Indonesian state electricity distributor PT PLN (Persero) to help the Indonesian government link its new renewable energy generators with the national electricity grid.SWDY's subsidiary, Elsewedy Industrial Development, and Futurefert inked the land allocation agreement to set up a USD50 million fertilizer complex in Elsewedy's Sokhna 360 industrial zone.Also, Elsewedy Industrial Development awarded the Chinese fiberglass manufacturer Jushi a 60k-sqm plot in its Industrial Sokhna project located in the TEDA zone to expand its factory in China's TEDA trade zone with investments of USD8 million.We upgraded our FV for MFPC to EGP387/share. Our FV takes into account the following:•Updated macro assumptions (FX rates, interest rates, and inflation).•Global Urea prices outlook.•Those yielded a FV/share of EGP261.50/share.•We also included some of the company's future plans like the revamp and melamine project.MFPC is currently trading at 2024f P/E of 15.2x and EV/EBITDA of 10.4x.A consortium, which includes Helwan Fertilizers, ABUK, and Al Ahly Capital Holding, now have their eyes on a green ammonia project. The proposed project would require USD1.2 billion of investment, 70% of which would be financed by bank loans and the remainder from the companies' cash reserves.The Sovereign Fund of Egypt will announce new partnerships on the green ammonia front during COP28, be it through already existing green plants or greening existing ammonia plants, CEO Ayman Soliman said.PHDC (FV: EGP5.59, OW) signed an agreement with Marriott International to develop a new hotel, the Ritz-Carlton Palm Hills, in PHDC's Palmet project in West Cairo. The hotel's investment cost is estimated at EGP4.0 billion.MHOT declared 1:1 stock dividends. Record date is 20 Dec 2023. Distribution date is 21 Dec 2023.BTFH has applied to the FRA for initial approval to set up an SME-focused lender. The firm would be set up with a EGP250 million in capital. The International Finance Corporation (IFC) has agreed to lend USD50 million in sharia-compliant financing to SAUD to finance MSMEs. ValU will provide financing plans allowing people to purchase vaccines from GlaxoSmithKline (GSK) under an agreement signed by the two firms.The Supply Ministry has poured 50k tons of sugar into the local market to be sold at EGP27/kg in an effort to stabilize the marketAccording to local media, GB Capital's subsidiaries will be issuing securtitization bonds of EGP8.5 billion by the end of 2023.

Our new live training "How to Win in 2024: The Exact Plan to Grow Your Gym BIG by April 1st" is happening Dec 16 & 18. Learn more HERE. Learn more about BFU: Learn about the Unicorn Society Pick up a copy of Mark's Book Check out Mark on YouTube Follow us on Instagram  

In episode 189, Kevin Carr Partner at Mike Boyle Strength and Conditioning, joins us. Specifically Kevin will be looking at: Key considerations for those looking to get fit Role of strength training in health and longevity How he trains clients for maximum health and longevity About Kevin: "Kevin is a partner at Mike Boyle Strength and Conditioning, Co-Founder of the Certified Functional Strength Coach certification, and Movement As Medicine Massage and Movement Therapy Clinic. He has traveled worldwide, educating thousands of coaches and therapists about the MBSC coaching system. In 2021, he wrote and published "Functional Training Anatomy" with co-author Mary Kate Feit and Human Kinetics Publishing." Twitter: @coachkevincarr Instagram: @kevincarr @certifiedfsc www.cfsc.inspire360.com https://us.humankinetics.com/products/functional-training-anatomy Nominate future podcast guests here! If you want to hear from a particular person on a particular topic, let us know! Hit the link below and we'll see what we can whip up for you. https://www.scienceforsport.com/nominate/ FREE 7d COACH ACADEMY TRIAL SIGN UP NOW: https://bit.ly/sfsepisode189 JOIN THE SCIENCE FOR SPORT TEAM: https://www.scienceforsport.com/join-our-team/ ​ Learn Quicker & More Effectively, Freeing Up Time To Spend With Friends And Family ​ Optimise Your Athletes' Recovery ​ Position Yourself As An Expert To Your Athletes And Naturally Improve Buy-In ​ Reduce Your Athletes' Injury Ratese ​ Save 100's Of Dollars A Year That Would Otherwise Be Spent On Books, Courses And More ​ Improve Your Athletes' Performance ​ Advance Forward In Your Career, Allowing You To Earn More Money And Work With Elite-Level Athletes ​ Save Yourself The Stress & Worry Of Constantly Trying To Stay Up-To-Date With Sports Science Research

About Joe: Joe Meloni is currently the Head Strength Coach for the US National Team Development Program. After starting his career in the private sector at Mike Boyle Strength and Conditioning, he spent time working in AAA and the USHL before starting his position with NTDP. In the summers, he works as a performance coach at GVN Performance where he works with elite professional, collegiate, and junior players. In this episode, we discuss... How Joe got his start at Mike Boyle Strength & Conditioning. What makes it the absolute FACTORY for elite strength coaches MBSC is. Lessons from mentors. How a warm-up led to an unexpected job opportunity (and what you can learn from it.) Joe's experience at the Men's World Championships in Finland.  For show notes and more, head to the official website of SCAPH, prohockeystrength.com

The government pledged to guarantee the capital (USD800 million) recently invested by ADQ in 3 companies, in addition to an annual rate of 8% for a period of 4 years. The companies include National Drilling (25%), Elab (35%), and Ethydco (30%).  Egypt's government intends to offer stakes in 5 key companies, in addition to water desalination plants, until the end of June 2024. The program aims to collect USD 5 billion during this stage, the largest part of which is due to the offering of 70% of the Siemens power station in Beni Suef.  Supply Minister announced on Sunday the exclusion of rice from ration cards. BP will invest USD 3.5 bn in exploration and production operations in Egypt over the next three years. Middle East Glass (MEG) gave the green light to unnamed investors to conduct due diligence. Ministry of Electricity revealed the details of the plan to expand the participation of the private sector in electricity production to create a competitive market in the field of energy. Financial Regulatory Authority approved the criteria for registering verification and certification bodies for projects to reduce carbon emissions. The first round of GERD talks between Egypt, Ethiopia, and Sudan did not witness any tangible change in the Ethiopian position.  The industrial sector requests the same tax exemptions and similar incentives for ongoing projects, and it would not be exclusive to new projects.  HELI (FV: EGP12.44, OW) is to draw up a protocol agreement with the National Organization for Social Insurance regarding the National Organization for Social Insurance's offer to buy HELI's 1,695 feddan Heliopark land plot. According to local media, the final agreement could be signed in 4Q23.According to local media, the National Organization for Social Insurance plans to invest EGP25.0 billion in the real estate sector.EGAL (FV: EGP53.58, OW) posted its preliminary financial results for 4Q22/23 and FY22/23 recording a net loss of EGP225 million in 4Q22/23, bringing FY22/23 bottom-line to EGP3.7 billion (+48% YoY). We expect the weak bottom-line during the quarter came due to a hike in interest expense and other non-operating expenses. EGAL is trading at FY23/24 PE of 3.1x and EV/EBITDA of 3.1x.We published our 2Q23 Cement Wrap Up. We maintain our Overweight recommendation for ARCC at a FV of EGP9.94/share. We upgraded our fair value for MCQE to EGP20.17/share, yet maintaining our Equalweight recommendation. We downgraded our fair value for MBSC to EGP25.73/share down from EGP28.12/share (adjusted for the capital decrease), maintaining our Equalweight recommendation. EFIC (EW, FV: EGP39.53) Issued financial results for 2Q23. Net profit after taxes amounted to EGP213 million, up 65% QoQ but down 18% YoY. 1H23 bottom line recorded EGP436 million, down by 12% YoY, due to weaker gross margins and higher non-operating expenses. EFIC is currently trading at 2023 P/E of 6.0x and EV/EBITDA of 4.36x.According to local media, EAST's stake sale will be finalized within 1H24. The holding company for chemical industries received 3 offers from Phillip Morris, JTI, and another GCC investor.Beltone Financial has not entered into any form of agreement to acquire the fintech platform Cashcall. It announced entry with Pickalbatros an EGP 750 mn sale-leaseback agreement.  CIRA is studying the implementation of the second issuance of future rights securitization bonds at a value of EGP700 million.  

We expect CBE to maintain interest rates at its meeting today in light of the preceding interest rate raises taken in December and March (+500 bps) to attempt to control the then expected rise in inflation. In addition, raising interest rates will be closely tied to the movement in the official exchange rate, which is not expected to happen before 4Q23.  Oil cartel OPEC+ is expected to leave output at current levels when it meets tomorrow, according to Reuters. Egyptian Trade Minister Ahmed Samir and his Turkish counterpart Ömer Bolat agreed yesterday to increase bilateral trade by 50% to USD15 billion over the next five years during talks in Ankara. The Ministry of Electricity formed a committee to study offers submitted by Indian, Chinese, German, and American companies to supply batteries to store electricity produced from renewable energy. Egyptian purchases of bullion and gold coins jumped during 2Q23 by 214% YoY to 10.4 tons. During 1H23, Egyptian purchases of bullion and gold coins amounted to 18.6 tons, compared to 19.2 tons in Jan-Dec 2022. The cabinet yesterday approved an additional allocation of EGP2 billion to the sixth phase of the export subsidy program, increasing the total amount earmarked for this phase to EGP12 billion. GASC bought 300k metric tons of wheat from Russia and another 60k metric tons from Romania in an international tender yesterday. According to local media, TMGH achieved sales of EGP51.0 billion in 1H23. This figure likely includes not only TMGH sales, but also sales made for non-TMGH entities for which TMGH receives commissions. According to local media, PHDC achieved sales of EGP10.2 billion in 2Q23 (+98.6% y/y, +50.9% q/q), bringing 1H23 sales to EGP17.0 billion, up 59.1% y/y. Local fertilizers producers announced in EGX releases the impact of the natural gas feedstock 20% reduction decision on their production. EFIC stated that it is not affected by any means because it is producing phosphate fertilizers, which depends on the phosphate rock as its main input and natural gas is used in very small quantities as a fuel source. Kima noted that the ammonia produced was reduced by 20%; however, the company managed to overcome this drop thanks to the availability of ammonia in its inventories. EKHO announced that its subsidiary Alex Fert witnessed a very slight impact from the decision that will not have an effect on its performance. Shell is set to begin drilling new gas exploration wells at its concession areas in the Mediterranean in September.  According to local traders, free market fertilizers prices hiked after the new natural gas feedstock reduction decision. Average prices for fertilizers increased by EGP3,500/ton till now. CIEB 2Q23 consolidated bottom line recorded EGP1,289 million (+5% q/q, +146% y/y. Annual and sequential growth were supported by: 1) improved margins, 2) robust gains from FX transactions, and 3) lower effective tax rate. CIEB is currently trading at 4.5x P/E23 and 1.3x P/B23. CNFN has rolled out financing services for weddings and social events. It is offering up to EGP1 million in finance with no down payment, with repayment plans of up to three years. MBSC recorded earnings of EGP43 million in 2Q23 compared to a net loss of EGP3 million in 2Q22 and 29% lower than 1Q23, brining 1H23 earnings to EGP105 million (+135% YoY). The annual surge in earnings was driven by healthy growth in revenues and operating margins despite a forex loss of EGP59 million recorded during the quarter. MBSC is currently trading at FY23e P/E of 4.9x, EV/EBITDA of 4.0x and EV/ton of EGP579. The Ministry of Transport is about

In this EP I have the opportunity to chat with Kevin Carr. Kevin is a Co-Founder of the Certified Functional Strength Coach certification and Movement as Medicine Massage and Movement Therapy Clinic. He has traveled worldwide, educating thousands of coaches and therapists about the MBSC coaching system. Kevin has amassed a wealth of experience in sports performance and personal training while working at Mike Boyle Strength and Conditioning. Working with everyone from US Olympians looking for a competitive edge to the Average Joe or looking to shed some pounds and get healthier, he has helped countless clients move better and live healthier lives. In 2021, Kevin released “Functional Training Anatomy” with Human Kinetics Publishing.Above all his accomplishments, he is a proud father and husband. We had a great chat, I know you'll enjoy it!If you liked this EP, please take the time to rate and comment, share with a friend, and connect with us on social channels IG @Kingopain, TW @BuiltbyScott, LI+FB Scott Livingston. All things LYM at www.LYMLab.com, download your free Life Lab Starter Kit today and get busy living https://lymlab.com/free-lym-lab-starter/

What is up everyone! I'm your host coach joe strong here to bring you another great episode of the business of strength podcast, where you can hear the interviews, tips, and tools to turn your passion for strength into a profitable business. Don't forget our annual Gym Business Retreat is September 28-29 in beautiful sunny Scottsdale, AZ!  Two jammed packed days of learning, building, quest speakers, lunch-ins, dinners…and so much more. For more info go to businessofstrength.com  In this episode I'm talking with Kevin Carr.  Kevin is partners with Mike Boyle in both MBSC and SFSC Certification.  They run 3 super successful gyms in Mass. and have certified over 12K coaches! Mike Boyle is a legend in the industry and Kevin and the team and taking his brand into the future.   Some topics include… Going from summer intern at MBSC to being his partner  They plan for growing SFSC The MBSC hiring process and the types of people they look for.   Balancing multiple business and a busy schedule Why hands on is BEST if at all possible   How to be the best coach you can be  Let's get it dialed in!   Coach Joe  Links & Social  www.bodybyboyle.com www.cfsc.inspire360.com @mbsc.tv @certifiedfsc @strengthcoachdotcom @kev_in_carr 

Pitch| ETEL's Relative Valuation and Vodafone Stake Sale Show Massive Upside Potential. ETEL is significantly undervalued compared to emerging peers. The relative value ranges from EGP48.05-81.93 per share. DCF FV is EGP 34. A significant improvement in financial performance on reaping infrastructure spending fruits along with Improved cash flows, higher margins, and lower CAPEX. Key Triggers: Upward Repricing Potential, Orange Roaming Agreement, and Tower Monetization. Market price fails to reflect Vodafone Egypt's Implied Valuation, Adjusted for FX Rate, which implies ETEL total value of EGP40.08 to EGP42.60 per share. Sale of VFE stake proceeds for ETEL to range from EGP7.22-15.79 per share (DY of 29.5-64.5%), which might be used for deleveraging and dividends.The impact of commodities prices changes during 2Q23 on listed stocks as follows:-Positive impact on ESRS, IRAX, ARCC, MSQE, MBSC, ORWE, and SUGR-Neutral impact on EGAL, SWDY, SKPC, EKHO, CCAP, and POUL-Negative impact on AMOC, ABUK, MFPC, EGCH, MICH, JUFO, DOMT, OLFI, EFID, and AUTOThe Madbouly government is on Tuesday expected to hold a press conference at which it will announce the completion of a number of asset sales as part of the state privatization program.The House of Representatives yesterday gave preliminary approval to amendments for the 2017 Investment Law that lawmakers hope will help attract more foreign direct investment.Fitch Solutions expects tourism revenues in Egypt to rise from USD14.4 billion by the end of 2023 to USD17.4 billion in 2027.A Chinese business delegation from Jilin province met with Suez Canal Economic Zone (SCZone) representatives to explore investment prospects, the SCZone said yesterday.The International Investment Guarantee Agency (MIGA) of the World Bank is considering issuing a USD100 million guarantee to cover trade financing for the benefit of the National Bank of Egypt and Banque Misr. CLHO reported solid 1Q23 with net attributable profit of EGP95 million in 1Q23 (-1.4% YoY, +20.0% QoQ), in line with our estimate of EGP106 million. Strong base effect due to covid-related revenues. CLHO is currently trading at 2023f P/E of 13.9x and EV/EBITDA of 7.2x. Abdelgawad's family shares in ISPH were blocked. This is old news, where shares have been already blocked as of 4Q22. This has no impact on ISPH's operations and financial performance.The Trade and Industry Ministry has approved extending anti-dumping duties on reinforced steel imports from China, Turkey, and Ukraine for another four years, starting June 1st 2023.EGX canceled last session's trades on TAQA's shares, keeping only the block trade and will give the company a second debut today. Pakinam Kafafi, TAQA's CEO, announced a plan to invest EGP 1.7 billion during 2023 and signed a definitive agreement with a Saudi partner to establish a new company in the kingdom.The IFC is extending a 10-year Tier 2 facility worth USD 150 mn to COMI, to support the bank's sustainable growth plans.CNFN's consumer finance arm Contact Creditech and digital payments app Telda have teamed up to offer lending-as-a-service (LaaS) solutions.Kahromika, AIH's subsidiary wins the bid for the new electricity connection lines, linking New Delta and October City with a total cost of EGP510 mn.Businessman Jamal Al-Jarhi acquired less than 5% of the capital of Beltone Holding Company, by purchasing a share of the subscription rights in the company's shares. MPs gave final approval to two bills allowing for the USD565 million redevelopment of the East Port Said port.

Pitch: Buckle up for 2Q23 Earnings Season| Earnings will go down sequentially by 14%, which is the impact of lower commodity prices and stable exchange rate. Highest growth in earnings for full year in 2023 (>100% YoY): MBSC, LCSW, POUL, ALCN, FWRY, MCQE, EGCH, DOMT, and SKPC. Some stocks that will deliver positive surprises for 2Q23 in earnings will include ESRS, IRAX, CCAP, GBCO, MCRO, MBSC, PHAR, ECAP, CIRA, ORHD, CANA, SKPC, ORWE. Some stocks are still extremely cheap and trading below 3x P/E multiple for 2023 including EMFD, POUL, BINV, CANA, EGAL, LCSW. Some stocks are still extremely cheap and trading below 4x P/E multiple for 2023 including SAUD, ABUK, FAIT, EXPA, ADIB, QNBA, PHAR, HDBK, ETEL. Some companies will be paying lucrative dividends out of 2023 net profit, that is 10-25% including EGAL, POUL, SAUD, ATLC, BINV, MBSC, ARCC, ABUK, ETRS, EAST, ALCN, MCQE, AMOC, and CIEB. The Suez Canal Economic Zone (SCZone) will be marketing local investment opportunities in South Korea, Germany, the UK, Vietnam, Singapore, and Brazil before the end of the year.The Suez Canal Economic Zone (SCZone) revealed that negotiations are underway for 18 new projects with an expected investment cost of USD 8.3 billion.The government is in talks with 22 countries — including India, Brazil, and other South American nations — to sign wheat import agreements.Egypt's total outstanding dues to international oil companies more than tripled since mid-2020 to USD3 billion in April 2023.Egypt's Petroleum exports declined by 40.3% during 1Q23 due to a 55.7% decline in crude oil exports as well as a 37.8% decline in LNG exports, mostly impacted by the decline in global prices. The World Bank estimated that the informal sector in Egypt represented 62.5% of the economy.Imports worth USD 32 bn received customs clearance over the past five months (Maait).Saudi Arabia and Russia deepened oil cuts on Monday. Oil prices held steady early on Tuesday as markets weighed supply cuts against weak demand. Brent crude futures are trading at USD75.08/bbl. Passenger car sales recorded 5.7k units for the month of May, a MoM rise of 48% and a YoY drop of 52%. This is merely a weak base effect for the month of April due to Ramadan.Qatari "Baladna" raised their stake in JUFO (FV: EGP14.00, OW) from 10% to 15%. JUFO is currently trading at a FY23 P/E of 11.0x and an EV/EBITDA of 6.0x.A subsidiary of SWDY (FV: EGP22.87, OW), Elsewedy Plug, and Ikarus Electric have each received a one-year license to build EV charging stations, according to local media.EGTS (FV: EGP1.68, EW) reported 1Q23 net loss of EGP5.4 million, compared to 1Q22 net loss of EGP47.0 million.Abu Dhabi Tourism Investment Company has earmarked USD95.0 million to build a hotel in the Giza Pyramids area. The company is also investing USD80.0 million to modernize its hotels in Sharm El Sheikh and Hurghada.  

*Key news articles for today*United States Inflation fell to 4.0% y-o-y in May — its lowest level in 27 months and down from 4.9% the month prior. Thus, the Fed is widely expected to leave rates unchanged. Egypt and Iraq signed 11 MoUs yesterday during Iraqi Prime Minister's visit to Cairo. El Sisi discussed boosting ties on economic cooperation, trade, investment, and the upgrading of infrastructure. The Minister of International Cooperation signed a development financing agreement worth USD 460 million with the State of South Korea for the second and third lines of the Greater Cairo Metro. The Urban Development Fund has received offers from local and foreign investors to participate in developing the capitals of the major governorates at an estimated cost of EGP600 billion. The Finance Ministry has invited local and international banks to pitch for an advisory role on the sale of its 20% stake in Bank of Alexandria (Alexbank). Intesa Sanpaolo purchased 80% of its shares for USD 1.6 bn in 2006. AlexBank achieved a net profit of EGP1.2 billion in 1Q23, with estimated profits of EGP4 billion in 2023. Book value stood at EGP15.5 billion in Mar-23. The House of Representatives yesterday approved a government-proposed bill that will revoke the establishment laws of the Arab Investment Bank (aiBank), the Export Development Bank (EBank), and the Agricultural Bank of Egypt. The newly-approved bill aims to align these lenders with the current banking regulations, ensuring parity among all banks operating in the country. EXPA's establishment law makes no distinction between ownership and management rights and places limitations on who can own shares in the bank, which should change with the new laws. EXPA will now be open to foreign ownership. Stock is amongst the cheapest in Egypt with 2023 P/E of 3.4x and P/B of 0.6x.   JAF Investment has obtained the approval of FRA to proceed with the transfer of shares in two subsidiaries of Arabia Investments Holding (AIH), the 30% stakes in UE Finance for EGP 147 mn and Rawaj Consumer Finance for EGP 30 mn. Some of the steel manufacturers in Egypt were forced to shut down their factories and trim or stop production due to the lack of foreign currency needed to import raw materials. We remind you that ESRS exports have been on the rise since 4Q22 to secure the foreign currency needed for importing raw materials, which should remain to be the case supported by the commercial launch of EFS's new furnace. MBSC submitted documents to decrease its paid-in capital to EGP679.3 million distributed over 67.9 million shares, down from EGP750 million distributed over 75 million shar es through cancelling 7.07 million treasury shares.MOPCO might witness another acquisition amid a strong market appetite from Gulf investors to increase their shares in the company. Sources clarified that the board members of MFPC are buying heavily in the stock.  TAQA will start trading on EGX within two weeks.  MICH reached an initial agreement with two private sector companies to form a new company with an authorized capital of EGP1 billion and issued capital of EGP600 million for producing chlorine granules (TCCA). MICH will hold a 12% stake.  The value of pharmaceutical raw materials that are stuck at Egyptian ports is around USD150 mn and could be cleared by the end of June, according to local press. PHAR denied receiving Saudi offers to acquire a stake in the company, in response to news of an expected Saudi acquisition of 75% of the company's shares. The Ministry of Communications is negotiating with a number of international companies specialized in manufacturing mobile phones to participate in localizing the electronics industry. 

The government will raise USD2 billion from its asset sale program within the next 1-2 months, through ETEL exiting its entire stake in Vodafone Egypt, or from the sale of the Beni Suef power station.The House of Representatives yesterday gave its final approval to the FY 2023-2024 fiscal budget, with an expected deficit of EGP849 billion (7% of GDP). Prime Minister discussed potential incentives to help boost localization across various industries with representatives of the Federation of Egyptian Industries, industrial chambers, and manufacturers. Egypt is set to attract foreign direct investments of USD12 billion in FY23/24, +20% YoY.EGAL (FV: EGP53.58, OW) invited EPC companies to submit technical and financial offers for the rehabilitation of the company's facilities by October 12, 2023. We remind you that the revamp of the company's facilities, the solar power plant, and/or better electricity pricing are considered significant triggers for higher fair value.SWDY (FV: EGP22.87, OW) has begun construction on a Saudi cables factory that should be up and running within two years.SWDY's subsidiary Rowad Modern Engineering has plans to expand in Saudi and lock down a portfolio worth somewhere between SAR500 million and SAR1 billion this year.National Investment Bank (NIB) reduced its stake in MBSC to 15.02% from 20.10% by selling 4.87 million shares at an average price of EGP31.5/share.  Vodafone Egypt will invest more than EGP 330 mn this year to operate its network using renewable energy sources by 2025.UAE's Aldar Properties has denied a media report claiming that it had entered negotiations to acquire Capital Group Properties (CGP).EgyptAir will launch two new routes to Manchester, England, and New Delhi, India, in the coming months as part of the government's efforts to stimulate tourism. 

JUFO (FV: EGP14.00, OW) released 1Q23 bottom line of EGP339 mn (+134.9% YoY, +107%, QoQ), backed by enhanced gross profitability, cost-cutting measures, and exports, despite the heightened interest expenses and FX losses. Price increases did not compensate for volumes drop. JUFO is trading at a FY23 P/E of 11.1x and an EV/EBITDA of 6.1x.EAST (FV: EGP24.72, OW) released 3Q22/23 bottom line of EGP1,801 mn (+35.3% YoY, -11% QoQ) backed by the company's interest income and FX gains. The squeeze in gross margins sequentially is due to the rising costs starting to catch up with the company. The price increase implemented by March 2023 is expected to reflect by 4Q22/. EAST is trading at a FY23/24 P/E of 6.4x and an EV/EBITDA of 2.9x.ARCC (FV:EGP9.94, OW) posted consolidated 1Q23 attributable net income of EGP242 million (+4-fold YoY, +2.5-fold QoQ). The surge in earnings was attributed to considerable revenue growth as well as healthy margins, despite forex loss of EGP104 million. Selling price increases outpaced that of production costs. ARCC is trading at FY23e P/E of 5.1x, EV/EBITDA of 2.7x and EV/ton of EGP636.MBSC posted its unaudited financial results for 1Q23 recording earnings of EGP61 million (+29% YoY, -75% QoQ). The annual surge in earnings was supported by almost nil tax expense and forex losses reported in other comprehensive income. The sequential drop came as a result of the reversal of the EGP380 million provision booked in 4Q22. Lower sales volumes. MBSC is currently trading at FY23e P/E of 11.1x, EV/EBITDA of 9.1x and EV/ton of EGP675.  MBSC board of directors approved purchasing 10% of the company's total shares as treasury shares.Siemens - SWDY (FV: EGP19.97, OW) consortium has now a higher chance to win the bid for the rehabilitation of hydroelectric power plants in Aswan (EUR41 million) after the withdrawal of Sinohydro-Power China consortium from competition. The Egyptian Ministry of Housing is close to presenting the first package of water desalination projects (29 projects) to the private sector. PHDC (FV: EGP3.91, OW) achieved solid 1Q23 sales of EGP6.8 billion, up 22.3% y/y and down 20.1% q/q, supported by sales in Badya and in Palm Hills Alexandria. Net profit in 1Q23 reached EGP252.7 million, down 14.3% y/y and 26.8% q/q, due to a 145.1% y/y increase in finance cost to EGP368.4 million. BINV released positive 1Q23 financial results, where the consolidated bottom line recorded EGP331 mn implying 15x growth y/y. 1Q23 net income excludes a capital gain of EGP530 mn resulting from the sale of  BINV's stake in TOTAL Energies Egypt (which was booked in the retained earnings directly). 1Q23 comprehensive income reached EGP 861 mn. BINV is currently trading at P/E23 of 5.4x and P/B23 of 1.1x.HDBK 1Q23 standalone bottom line recorded EGP1,325 million (+163% q/q, +107% y/y, driven by 1) robust margins, 2) strong non-interest income, and 3) slower growth of OPEX than operating income. HDBK is currently trading at 2023 P/E of 4.0x and P/B of 0.8x.CANA's 1Q23 net profit recorded EGP251 million (+161% y/y,-63% q/q), on the back of strong top-line growth (+90% y/y), and strong non-interest income growth (+302% y/y), driven by FX gains. Sequentially, there is a high base effect (EGP666 million). FRA has approved CANA's latest round of capital increase, from EGP3.6 bn to EGP4.3 bn, through 0.194 bonus shares/CANA share. The stock is currently trading at P/B23 of 0.3x and P/E23 of 2.5x.Orascom Investment Holding (OIH) is exploring investments in Uzbekistan's renewables and hospitality sectors, as part of a USD1.2 bn investment plan.AIH released 1Q23 standalone financials where the bottom line recorded EGP9.2 million (-75%y/y, -62.3%q/q) on the back of higher provisions, and weaker top-line. AIH's BoD approved increasing the company's paid-in capital from EGP404.7 million to EGP490.7 million through 0.05 bonus shares/AIH

Melissa's excited to introduce you to an incredibly dear friend and soul connection of hers. John Kempf is an amazing coach, an amazing human, and an amazing healer. And when you talk about our beings and souls being medicine for this planet and other people, John is literally medicine in human form. He has so much wisdom to share. Melissa and John talk in this episode about not only our nervous system regulation but about rebirth and past lives. So it's something that you might find really supportive and healing if you are on a grief journey to think about the rebirth and death that occurs naturally. And if you're not currently navigating a grief journey, these are things that can support you in better understanding yourself and better understanding your soul's purpose in this lifetime. John shares two simple practices that will solve most of your problems, the power of pause and stillness, and what it means when yoga teachers say, “just be.” This episode will encourage you to ask, “What sets my heart on fire?”. Get ready to be inspired.Highlights1:39 - Merging strength, performance, and wellness6:33 - The moment of clarity for the connection between health and miracles11:13 - Accessing your masculine-feminine balance and simple steps to get in balance16:53 - Why and how to do a wellness check19:21 - Strengthening the regulation of your nervous system24:15 - The #1 thing to facilitate healing and balance26:43 -The constancy of death and rebirth35:10 - How to allow life to feel like a video game (a.k.a. play)42:52 - Connecting with JohnConnect with JohnVisit his websiteConnect on InstagramLearn about his Men's ProgramJohn's LinktreeLearn More about JohnJohn Kempf, founder and head coach of Kempf Fitness Professional and Henosis Academy, has been training clients and athletes since 2010 and is backed by over 130 5-star reviews from former clients on Google and Facebook.John has a Kinesiology and Exercise Science degree and six additional certifications as an ACE personal trainer, a USAW sports performance and Olympic weightlifting coach, an FRC mobility specialist, a KINSTRETCH group mobility instructor, an MBSC functional strength coach, and an MPI mindset behavior specialist.He integrates a holistic and scientific approach to human development that focuses on the 3 pillars of functional movement, holistic nutrition, and lifestyle design to help his clients look, feel, and perform at their best.John has been passionately practicing and teaching yoga and meditation since 2013. He blends various esoteric philosophies and Eastern practice with his functional strength coaching and athletic performance background to teach clients how to breathe, move, and flow more efficiently while connecting their minds and body to the present moment.Yoga, Qi Gong, meditation, breath work, strength training, functional movement, journaling, fasting, cooking, and nature exposure have all become essential tools in John's daily life. He has made it part of his mission to share these powerful practices with others to bring more inner strength, awareness, and harmony into the world.About the podcastGrief and Guts is for anyone navigating:Bereaved parentsAging parentsDivorceEmpty nestFertility journeyJob lossRelationship endingMovingThe loss of sense of selfThe loss of life envisionedMeet the hostWhen Melissa Dlugolecki lost her daughter Leyden, in a case termed a catastrophe, she didn't want to live...never mind love life, again.As a bereaved mother, when Melissa lost my daughter Leyden, she never thought she would be happy again. Melissa felt guilty when she started to smile.​As a former educator, Melissa felt trapped by the politics, paperwork, and constricting schedule of the education system.Yet after building a 7-figure business, traveling the world, launching a podcast, writing a book (more to come), and coaching thousands of individuals, she has found one thing to be true for all of us…We have the power to create our own happiness, regardless of circumstances. And there are certain processes and strategies effective in doing so.It's not just a “think positive” method or a “go harder” approach. I intertwine a dance of intangibles around our energy management with tangibles such as action steps, communication strategies, and ways to feel our best.Growth isn't always forward progress. It's messy. It's hard. But it is worth it. And while you work your way to whatever goal you are pursuing, just keep showing up. Life is too short to feel stuck.Connect with MelissaLearn more at Melissa's websiteJoin the conversation on InstagramCreditsThe podcast was edited and mixed by Andrew at 51 features. Connect at andrew {at} 51features {dot} com.

Suez Canal Economic Zone aims to attract USD2 bn of investments in 2023, within the textiles, readymade garments, automotive, and steel pipes industries.The value of goods released from Egyptian ports YTD hit USD5.4 billion.As many as six of the first eight companies set to offer shares as part of the state privatization program are oil or petchem players, including Enppi, Midor, Assiut Oil Refining Company (ASORC), Ethydco, and El Wady for Phosphate Industries and Fertilizers (WAPHCO).Tourists could soon be able to apply for a new five-year, multiple entry visa, at USD700, Tourism Minister said. The ministry works to double the number of tourists to Egypt to 30 mn annually by 2028.According to local media, Saudi investors are interested to buy Arab African International Bank's 12.7% stake in PHDC (FV: EGP3.91, OW), with the bank aiming to sell its stake at EGP2.5-3/share.Mopco targets to undergo expansions and new projects with USD750 million directed to the new melamine project that will be implemented at the Free Zone in Damietta at an investment cost of USD300-350 million and The green ammonia production project in cooperation with Norway at investment cost of USD400 million.SKPC's BOD has initially approved the fair value study submitted by Baker Tilly. The company will announce the fair value after the approval of the final study and once it receives the FRA's approval.Eagle Chemicals yesterday boosted its offer for EGX-listed Paint and Chemical Industries (Pachin) in response to Dubai-based National Paints Holding's (NPH) new bid last week. Eagle Chemicals is now offering to purchase at least 75% of Pachin for EGP37.00 per share, EGP 1.00 higher than the bid NPH put in at the end of last week.AUTO (FV: EGP7.56, OW) decided that there will not be any cash dividends distribution for 2022.The Education Ministry and USAID signed five MoUs to establish five international applied technology schools under the USAID-funded Workforce Egypt project.Elsewedy Industrial Development, a subsidiary of SWDY is one of four industrial property developers that have been awarded more than 1.8k feddans of land in New October City through NUCA.MBSC shareholders approved cancelling 7.07 million treasury shares worth EGP70.7 million. This brings the company's paid in capital to EGP679.3 million distributed over 67.9 million shares, down from EGP750 million distributed over 75 million shares. ECAP (FV: EGP17.23, EW) BoD approved the proposed dividends distribution of EGP0.9 per share out of 2022 profits, implying payout ratio of 32.2% and a dividend yield of 6.1%.

Egypt's PMI posted 46.9 in February, compared to 45.5 in January.The net foreign liability position of the Egyptian banking system widened to USD21.7 billion in January from USD20 billion in December.The President announced a EGP150 billion program that includes wage increases and a higher minimum wage for civil servants, higher pension payouts for state employees, and a higher income tax exemption threshold. Renewable energy projects in Egypt that are under development by the private sector exceed USD4 billion and have a total capacity of 3,500 MW. ESRS expects consolidated forex losses to preliminarily reach EGP5.3 billion and EGP4.8 billion for ESRS and IRAX, respectively, in the first two months of 2023. The company also expects forex losses to reach EGP3 billion and EGP2.9 billion for ESRS and IRAX, respectively, in 4Q22. It is worth highlighting that around 20% of ESRS's debt is denominated in USD in addition to other undisclosed USD-denominated liabilities. Accordingly, we expect ESRS to record a consolidated net loss of around EGP2 billion in 4Q22. Beshay Steel raised rebars price by EGP500/ton to EGP29,000/ton, while Marakby Steel raised its price by EGP1,500/ton to EGP28,500/ton. Six local entities submitted their technical and financial offers to supply 720 km long electric cables for Canal Electricity Distribution Company. The result of the bid will be announced in March. SWDY is one of the competing entities.Recent mazut price increase is expected to raise the production cost of cement by around EGP100/ton for plants depending on the fuel as a secondary source of energy. These companies include MCQE and MBSC.PHDC 4Q22 sales rose 92.1% y/y and 23.8% q/q to EGP8.5 billion, bringing FY22 sales to EGP26.0 billion, up 50.4% y/y. Net profit in 4Q22 reached EGP345.0 million, up 82.7% y/y and down 2.1% q/q, bringing FY22 net profit to EGP1.3 billion, up 52.3% y/y.MNHD launched the second phase of Clubside, a new project in Taj City, following the launch of the first phase a few months ago which recorded EGP1.0 billion in sales. Total investments of the two phases are estimated at EGP3.6 billion.MCRO 4Q22 net profit reached EGP44.4 million (+7.9% YoY, -23.6% QoQ), bringing FY22 net profit to EGP173.9 million (+17.5% YoY).  ETRS expects to conclude a majority acquisition of trucking firm National Company for Transportation and Overseas Services before the end of 1H 2023. The Egyptian General Petroleum Corporation offered an auction for the development of eight old wells in Gulf Suez and Eastern Desert.  GV Developments signed an agreement with TAQA Arabia to establish Tarboul Infra to develop, design, build, and operate the infrastructure and utilities in Tarboul City in Giza.Banque du Caire's digital payments subsidiary Taly has launched with initial capital of EGP500 million.CNFN's consumer financing arm is now providing financing for furniture and home maintenance.Sphinx International Airport received its first Nesma Airlines flight from Madrid since the airport's reopening in November 2022.Wizz Air is running three weekly flights between Abu Dhabi and Sohag starting this summer.

Egypt, the UAE, Jordan, and Bahrain signed agreements to establish nine joint industrial projects at an investment cost of USD 2 bn. AUTO consolidated attributable net income in 4Q22 amounted to EGP8,714 mn compared to EGP413 mn in 4Q2. FY22 bottom-line recorded EGP9,985 mn compared to EGP1,408 mn recorded in FY21. The sharp incline was backed by the MNT-Halan divestment (EGP8.2 billion). We have upgraded our FV for AUTO earlier to EGP7.56/share with GB Capital 78.8% of our FV. AUTO is currently trading at a 2023 P/E of 2.4x and an EV/EBITDA of 3.7x.MCQE reported 4Q22 attributable net earnings recording EGP33 million (-15% YoY, +3.5-folds QoQ), bringing FY22 attributable earnings to EGP96 million (-34% YoY). Top-line surged with prices, but operating margins shrank. DPS is EGP0.5/share (DY 2.2%) in addition to a stock dividend of 1:3. MCQE is trading at FY23e P/E of 15.9x, EV/EBITDA of 6.1x and EV/ton of EGP627.MBSC reported FY22 losses of EGP146 million representing almost half the legal compensation related to the contractual dispute with CCAP's subsidiary ASEC. Net cash position inched up to EGP1.2 billion on December 31, 2022, representing c. 50% of the stock's market cap. MBSC is currently trading at FY23e P/E of 29.5x, EV/EBITDA of 9.4x, and EV/ton of EGP430. We upgrade our fair value for ECAP to EGP17.23/share with a valuation gap of 19.0%, with Equalweight. ECAP is currently trading at 2023f P/E of 6.2x and EV/EBITDA of 3.4x.MNHD achieved solid 4Q22 sales of EGP3.7 billion, up 325.1% y/y, bringing FY22 sales to EGP11.2 billion, up 224.4% y/y. Net profit in 4Q22 reached EGP202.4 million, up 517.1% y/y, bringing FY22 net profit up 160.5% y/y to EGP736.7 million. DPS is EGP0.15/share with DY of 4.3%. The Board also approved a EGP35.0 million capital increase to fund the company's ESOP. The Real Estate Development Chamber is calling for fixing the interest rate on land liability payments and including real estate development in the 11.0% subsidized interest rate program.MFPC standalone net profit after taxes in FY22 amounted to EGP3.835 billion which is up by 148% YoY. MFPC is trading at 2023 consolidated P/E of 5.3x and EV/EBITDA of 3.0x. MICH issued the net profit figures for January 2023, attaining a net profit of EGP68 million compared to EGP15 million in January 2022. MICH is trading at 2023 P/E of 3.5x.EFIH signed a cooperation agreement with “Giesecke+Devrient G+D”, specialized in banking cards and electronic payment solutions, to extend their cooperation on card issuance and digital payment services in Egypt. Around 70 pharmaceutical companies submitted repricing requests to the Egyptian Drug Authority.Norwegian renewable energy developer Scatec proposed a new electricity (3GW) interconnection project between Egypt and Europe.Consumer financing in Egypt hit EGP26.8 billion in 11M2022, up from EGP15.2 billion in 11M2021. Aman Holding intends to expand in new markets, including Saudi Arabia, and is considering issuing Sukuk at a value of EGP500 million, in addition to securing new banking facilities worth EGP4 billion. Weekly Commodities UpdateBrent, USD/bbl           83.2     0.2%Steel/Iron Ore Spreads, USD/ton       487.6   5.0%Diesel-HSFO Spread, USD/ton          438.0   4.1%Egypt Urea, USD/ton 391.0   2.9%LME Aluminum Cash Price, USD/ton           2,285.0            -2.6%Polyethylene, USD/ton           1,180.0            0.9%Polypropylene, USD/ton        1,055.0            -0.5%Egyptian Retail Cement, EGP/ton      1,883.0   

Show Notes:Vinny TallutoWebsiteIG @vinny_tallutoTwitter @vinny_tallutoLinkedinMBSC Spring Seminar (available in-person and online)Start with WhyAs a young coach - Be a “Yes” personThe “DNA” around group and semi-private trainingProgrammingThe Art of CoachingCreating an experienceLogistics dictates programmingCOVID helped with the organization of MBSC and it's programmingProgram conservatively, you can always make it more difficultTry to program proactively, coach reactively.You need to be able to communicate with clients to show that you careCoaching volume can be developed (dimmer switches)Hand hold clients in the beginning, slowly let the dove fly awayDon't coach them until you know their name, their family, their interests, their goalsWith injured clients, write the program as if they were 100% then work back wards using your regressions and lateralizationsBad coaches say I'll remember, good coaches write it downNever Lose a Customer AgainBook of the Week:Vinny: I Will Teach You to be Rich by Ramit SethiKevin: Overcome: Crush Adversity with the Leadership Techniques of America's Toughest Warriors by Jason RedmanMBSC Spring Seminar (available in-person and online)

Brought to you by Perform Better Check out the latest Sale at PerformBetter.com   Highlights of Episode 351 "Hit The Gym with a Strength Coach" Segment Vinny Talluto and Dan McGinley veteran MBSC coaches who now own the joint.   We spoke about: Vinny's topic at the MBSC Spring Seminar: "How to Coach and Execute World Class Group Training" Dan's topic at the MBSC Spring Seminar: "Training Through the Aging Process" Becoming owners at MBSC Challenges Staying grounded Handling the transition into ownership Much More! Check out the MBSC Spring Seminar     Get 20% off InsideTracker plans with the code RENNAPRO20 Shop the right plan for your goal at InsideTracker.com!   The StrengthCoach.com Coaches Corner with Coach Boyle We spoke about: His personal ESD/Cardio programming  Speed drills- does he do them, are they in the warm up, where does he put them The book "I Hope You Will Be Very Happy: Leadership Lessons from a Lifetime in Lacrosse" by Don Starsia Check out my special interview with Coach Boyle "40 Mistakes, 40 Years"   Partner Offer from AG1 by Athletic Greens Subscribe and get a 1 year supply of Vitamin D, 5 Travel packs and 20% off   "Maximizing the Member Experience"  Brought to you by Naamly Sumit Seth, co-founder of Naamly is on to demystify the Member Experience.  Today he finishes a 3 part series breaking down the different components of staging the memorable experience. Today he talks about how souvenirs can help you build your brand. Naamly is the member experience platform for modern training gyms - It puts all of your communication with your members in one place, allowing you to keep track of that communication, so important for retention.  Go to Naamly.com, you can schedule a demo to get a feel for what it's about.  Use referral code StrengthCoach to get started on a free 30 day trial.   About "Be Like the Best" During the last 12 years of interviewing many strength coaches, fitness professionals, physical therapists and gym owners, Anthony Renna has accumulated a rolodex of “The Best of the Best” in the fitness profession. This book is a collection of interviews with some of those top successes. Through his conversations, you'll learn how they evolved in their careers, what habits and traits they believe made them successful, their goal setting processes, how they get through the hard times everyone faces and even some books to read and people they recommend following. After each interview, you'll find a challenge or action step based on an important takeaway from each interview.  These are designed to encourage you to build the habits to Be Like the Best on your journey to dominating in this profession. As a fitness professional, you're already making an impact in your clients, athletes and patients. This book will help you stand out in a crowded field and help guide you on the road to success. Go to BeLiketheBest.com for more info Thanks for Listening!

Saudi Arabia is extending by one year its USD5 billion deposit at the Central Bank of Egypt (CBE).Subsidized loans to industrial, agricultural, and construction companies will be axed, Deputy CBE Governor said.  Borrowers who have already taken out loans under the program will continue to benefit from the subsidized 8% interest rate. However, who want to extend or borrow more under existing facilities will have to do so at prevailing interest rates.MFPC issued 3Q22 consolidated results, where the bottom line came In at EGP1,325 million (-49% QoQ, -2% YoY). BMW has made Global Auto Group its new importer and agent in Egypt. Global is a joint venture between Kuwait's Ali Alghanim & Sons Automotive, Saudi Arabia's Mohamed Yousuf Naghi Motors, and local firms Organi Group and Al Safi Group. AUTO has filed an arbitration case against the Algerian government for severe damages and losses of USD24 mn suffered due to unspecified measures taken against AUTO's units and investments in the country.TALM announced today that it signed binding documentation to acquire control of a university under-development in New Cairo. The acquisition of the university will be completed through TALM's subscription to a capital increase of the target company.MBSC has filed to appeal a September ruling by the Cairo Regional Centre for International Commercial Arbitration (CRCICA) that fined the company EGP380 million to settle a dispute with CCAP' unit ASEC. ARCC signed a credit facility contract with the National Bank of Egypt of EGP400 million to finance the purchase of raw materials. The New and Renewable Energy Authority is reportedly planning to issue a tender to develop solar power plants with a combined production capacity of 200 MW across several land plots in Aswan's Benban solar parkt. HRHO announced the successful completion of the shares' public offering of Taleem group, the leading educational institution in Dubai Financial Market, at a value of $204 million. The offering is equivalent to 25% of the company's total capital, 250 million shares where the indicative price per share was 3 dirhams.ValU contracted with TOTAL Energies Marketing Egypt to provide payment and financing solutions to its customers. Ryanair is in talks to launch flights to Egypt.

Not all strength training is the same; lifting a barbell is different than swinging a kettlebell and using a set of dumbbells provides a completely different workout than using a machine. To make sure that you are doing the best exercises and workouts for your goals, you should first have an understanding of how the human body is designed to move and the different ways that it can be challenged with exercise. Kevin Carr is a Boston-based performance coach, educator, massage therapist, author and a co-creator of the Functional Strength Coach Certification that teaches how to design strength-training programs for the way the body is designed to move. Coach Carr works with Coach Mike Boyle, the founder of Mike Boyle Strength and Conditioning, a facility that helps individuals from professional athletes to septuagenarian grandmothers improve their ability to perform their favorite activities (Coach Boyle has helped the Boston Red Sox and Boston University Men's Hockey win the World Series and National Championship, so they know what they're doing) and that has been recognized by Men's Health as one of the top gyms in the U.S. Kevin is also the co-author of Functional Strength Training Anatomy, a book that explains how to strengthen your body by using the muscle the way they are designed to work. On this episode, Kevin talks about the difference between bodybuilding and performance training and why you should be doing the latter instead of the former. In addition, he shares how some of your muscles actually function (not the way you think) and the types of exercises that you should be doing to help them become stronger so that you can perform your best. It's all about how to improve your ability to move on this episode of All About Fitness. To learn more about Mike Boyle Strength & Conditioning, please visit: https://www.certifiedfsc.com/ To see how MBSC trains their athletes, follow them on the 'Gram: https://www.instagram.com/mbscofficial/ To pick up a copy of Functional Strength Training Anatomy, follow this link: https://amzn.to/3hpvRM4 GNARLY NUTRITION: Visit goGnarly.com and enter promo code AAFITNESS to get 15% off your entire purchase today Learn how to design your own workouts; order a copy of Smarter Workouts: the Science of Exercise Made Simple https://amzn.to/3dBVfg4 Learn how exercise can slow the aging process and allow you to add YEARS to your life with Ageless Intensity: High Intensity Workouts to Slow the Aging Process https://amzn.to/3eYieSC Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn more about the Unicorn Society HERE. This is one of the ONLY times of year that you can enroll in the Unicorn Society. In addition to our coaching for you (and your team) you get access to our library of on-demand courses, quarterly retreats, bi-weekly group coaching calls, free admittance to Business for Unicorns live courses, and more. NOTE: We sold out all spots last enrollment period. And we don't have an unlimited number for this round as we want to ensure you have personal access to our coaches. So if this sounds like a fit, don't wait.

  Sponsored by PerformBetter.com Check out the Sale at PerformBetter.com   Highlights of Episode 345 Mike Boyle, StrengthCoach.com, MBSC.TV, Certified Functional Strength Coach We spoke about: How he missed the clues he left behind while training combine athletes for speed Where did the snatch go in his program? Early Specialization- Roger Federer example Cardio Training Spectrum     Get 20% off InsideTracker plans with the code RENNAPRO20 Shop the right plan for your goal at InsideTracker.com!   Partner Offer from AG1 by Athletic Greens Subscribe and get a 1 year supply of Vitamin D, 5 Travel packs and 20% off   The KISS Marketing "Business Secrets for Gym Owners" Segment with Vince Gabriele Vince discusses "GET MORE REFERRALS" If you need some help with your marketing head over to www.kissmarketing.net to book a FREE coaching call with Will “The Tech Nerd” Matheson…Also known as…Vince Gabriele's secret marketing weapon.  The Tech Nerd will take a look at your current marketing plan and give you some real time profit boosting advice…so you can stop stressing about your marketing and start seeing more money in your checking account.   "Getting Started with Velocity Based Training (VBT)" Brought to you by Perch, a 3D camera based weight room technology solution bringing VBT into the 21st century.   Nika Ouellette, head of marketing and education for Perch, discusses "Introducing Athletes to Technology" Check out the Perch website for deals, tips and some great videos showing the cameras and how to use it. This is a game changer!     About "Be Like the Best" During the last 12 years of interviewing many strength coaches, fitness professionals, physical therapists and gym owners, Anthony Renna has accumulated a rolodex of “The Best of the Best” in the fitness profession. This book is a collection of interviews with some of those top successes. Through his conversations, you'll learn how they evolved in their careers, what habits and traits they believe made them successful, their goal setting processes, how they get through the hard times everyone faces and even some books to read and people they recommend following. After each interview, you'll find a challenge or action step based on an important takeaway from each interview.  These are designed to encourage you to build the habits to Be Like the Best on your journey to dominating in this profession. As a fitness professional, you're already making an impact in your clients, athletes and patients. This book will help you stand out in a crowded field and help guide you on the road to success. Go to BeLiketheBest.com for more info Thanks for Listening!

What Makes a Great Strength Coach or Fitness Pro?On this episode we welcome our guest Kevin Carr. Kevin is a certified strength and conditioning specialist through the NSCA and is a Strength Coach employed at Mike Boyle Strength and Conditioning in Woburn, Massachusetts. He has a BS in Kinesiology and Minor in Psychology from The University of Massachusetts-Amherst and is also a Licensed Massage Therapist.He is the Co-Founder/Educator at Certified Functional Strength Coach as well as the Co-Founder/Head Therapist at Movement As Medicine and is the Owner of Strengthcoach.com and MBSC.TV To find out more about Kevin visit:Instagram@movementasmedicine@Certified Fsc @strengthcoachdotcom@MBSC.TVTwitter@coachkevincarr

This is the very first episode of the Zelos Podcast that aired on October 26, 2020. Rock and Mike talk all about training & conditioning. TIME STAMPS 1:30 Mike Boyle's Strength & Conditioning 5:40 Beanpole Tournament and Boston University 8:00 Timing your sprints 14:00 Unilateral vs bilateral training 20:00 Glutes & hamstrings 27:00 Addressing the ever-present degradation of structure in a technological world 33:30 Beyond COVID 38:00 Interning at MBSC 44:00 Squatting vs single leg squats GET TO KNOW MIKE BOYLE MEET: https://www.bodybyboyle.com/ INSTA: https://www.instagram.com/bodybyboyle/ OR michael_boyle1959 FACEBOOK: https://www.facebook.com/Mike-Boyle-Strength-Conditioning-164511633615645 LINKEDIN: https://www.linkedin.com/company/mike-boyle-strength-&-conditioning/ MIKE'S PODCAST: https://www.strengthcoach.com/public/department109.cfm TWITTER mboyle1959 MBSC is consistently ranked as one of the top gyms in the US and was voted Boston best personal trainers in 2017. 29 Draper St, Woburn, Ma 01801 781-938-1330. GET TO KNOW ROCKY SNYDER MEET: Visit the Rocky's online headquarters: www.RockySnyder.com READ: Grab a copy of his new "Return to Center" book: www.ReturntoCtr.com INSTA: Instagram fan, check him out at https://www.instagram.com/rocky_snyder/ FACEBOOK: https://www.facebook.com/rocky.snyder.77 LINKEDIN: https://www.linkedin.com/in/rocky-snyder-cscs-cafs-nsca-cpt-a77a091/ TRAIN WITH ROCKY WORKOUT: Want to meet Rocky and get a private workout: https://rfcsantacruz.com/ INSTA: https://www.instagram.com/rockysfitnesssc/ FACEBOOK: Facebook.com/RockysFitnessCenter

The IMF predicts global growth will slow to 2.7% in 2023, 0.2% lower than its July forecast.The IMF revised its forecast for Egypt's economic growth during FY2022/23 to 4.4%, compared to 4.8% that was projected in July.Egypt external debt decreased to USD155.7 billion by the end of June 2022, compared to USD157.8 billion at the end of March.The trade deficit decreased to USD2.7 billion during July 2022, down 29% YoY. Exports increased by 2.2% YoY to record USD3.13 billion during July 2022. Imports decreased by 14.8% YoY to record USD5.81 billion during July 2022.Egyptian National Railways secured a EUR40 million loan from the European Bank for Reconstruction and Development to partially finance work on the Robeiky-10th of Ramadan-Belbeis freight and passenger railway line.MCQE, MBSC, and SCEM sent releases to EGX confirming that they will not be affected by the recent natural gas price hike, since they do not use natural gas to operate their production lines.Kima stated in an EGX release yesterday that it will not be impacted by the latest natural gas price hike given that it does not use the ethane propane mixture. Local media stated that SKPC shall decide on the acquisition process of 80% of Ethydco within one month.Mobile phone imports dropped by 100% YoY in July to stand at USD69k.e&'s tech solutions arm, e& Enterprise, will enter the Egyptian market before the end of the year.The Ministry of Communications and Information Technology is studying possible investment opportunities with Lenovo and Huawei in Egypt.Egypt is arranging direct charter flights between Doha and Hurghada and Sharm El Sheikh during the upcoming World Cup.Weekly Commodities Update |   | Last Price | WoW Change, % | Brent, USD/bbl | 97.1 | 9.4% | Diesel-HSFO Spread, USD/ton | 800.1 | 29.2% | Egypt Urea, USD/ton | 760.0 | -10.6% | Polyethylene, USD/ton | 1,150.0 | 0.0% | Polypropylene, USD/ton | 1,015.0 | -1.9% | Steel/Iron Ore Spreads, USD/ton | 491.9 | 4.0% | LME Aluminum Cash Price, USD/ton | 2,300.5 | 4.1% | Egyptian Retail Cement, EGP/ton | 1,445.0 | 0.0% | Steam Coal FOB Newcastle Australia, USD/ton | 385.8 | -3.9%

US stocks suffered the worst day since June 2020 yesterday after August inflation data with concerns that Fed could go even larger and hike by a full 100 bps.Five major GCC funds are willing to participate in a financing package exceeding USD10 billion to contribute to the financing of the climate change "Nofi" program. Prime Minister Moustafa Madbouly followed up on more than USD 1 bn worth of MoUs for industrial investment by nine foreign and local manufacturers.The Ministry of Petroleum aims to increase the investments of foreign oil companies operating in the country to about USD7.750billion in FY2022/23, an increase of 35% YoY.FRA has approved new amendments to the rules for listing and delisting securities on the Egyptian Stock Exchange, to facilitate the process. FRA amended rules regulating margin trading, and abolished the maximum limit for margin purchases for the companies and individuals.Any of the Finance Ministry's issued securities — like sukuk and variable bonds — can now be listed on the EGX.Stock exchange aims to offer 5 or 6 new companies within 6 months, with reliance on the government IPO program. The clearing house is working to launch an app through which investors can easily collect returns and dividends.Cabinet published in the official gazette that the natural gas cost will be revised for nitrogen fertilizers producers, Gass cost is higher than the current cost (USD5.75/MMBtu) if Urea prices are above USD500/ton and lower than the current cost if Urea prices are less than USD500/ton. The floor for the formula is reached when Urea prices hit USD340/ton or below. Bottom Line: The formula is positive for long term margins but will create short term pressure on margins if Urea prices are higher than USD500/ton. ESRS's CEO, Ahmed Ezz, confirmed that the company's investment in Egyptian Steel is a long term one, denying any merger plans between the two companies, or between ESRS and IRAX.  An arbitration ruling of EGP369.4 million and USD0.55 million was issued against MBSC on the arbitration dispute filed by Qalaa Holdings subsidiary the Arab Swiss Engineering Company (ASEC) to resolve a contractual dispute. MBSC is studying the decision and said that it may appeal the ruling.  Edita is in the final stages of acquiring an additional production line for its cake segment for around EGP 20 mn. The company didn't disclose the name of the company it's negotiating with or the line's production capacity. Al Mansour International Distribution Company, Imperial Tobacco's local agent raised the selling prices for its brand "Davidoff" by EGP1-2/pack.  Japanese auto parts maker Yazaki is waiting to receive land to start building a EUR 20 mn factory in Fayoum that will export auto parts under freezone rules. Operations are set to kick off by December 2024.    

V této bonusové epizodě, kterou lze jednorázově odemknout na pickey.cz, nebo je dostupná našim předplatitelům, se budeme zabývat konceptem soucitu k sobě podle Kristin Neff a Chrise Germera. Dozvíte se o třech principech, jak budovat soucit k sobě. Laskavost vs sebekritika, sounáležitost vs izolace, všímavost vs přílišná identifikace. Zde odkazy na knihy Kristin https://www.amazon.com/Kristin-Neff/e/B004DM0CVS My vycházeli priárně z té základní Self-compassion. Knihy Chrise Germera https://chrisgermer.com/publications/ Společně vytvořili 8 - týdenní program MBSC.

The Saudi sovereign wealth fund acquired stakes in four EGX-listed companies for USD 1.3 bn.El Mal newspaper reported that ADQ looks to increase its shareholding in MFPC by an additional 10-15%.Core inflation, which excludes volatile items such as food and fuel, climbed 15.6% on an annual basis in July, up from 14.6% in May. The cabinet will announce the full details of the measures it will implement to restrict public electricity consumption following its meeting today. Rationalizing 15% of gas consumption saves the state USD450 million dollars per month.Egypt recorded 65 M&A transactions worth USD 3.2 bn in the first six months of 2022.The Ministry of Supply aims to establish 10 grain silos in Upper Egypt with a total storage capacity of 600,000 tons, at a cost of up to EGP3 billion, with the objective to raise storage capacity of wheat to 5.2 million tons.ETEL 2Q22 net profit came in at EGP2.4 billion in 2Q22 (+38.2% YoY, +76.8% QoQ); Net profit came in at EGP3.78 billion in 1H22, - 2.3% YoY; Trading at 2022e P/E of 3.6x and EV/Adjusted EBITDA of 3.2x.PACH received a modification on Saybad's offer to EGP16.50 to EGP18.75/share instead of EGP16.00-16.50/share. EGAL reported net profit after tax for the quarter recorded EGP738 million (+96% YoY, -16% QoQ). Earnings after tax surged to EGP2.4 billion in FY21/22 up from a mere EGP28 million recorded in FY20/21. EGAL is currently trading at FY21/22 P/E of 2.9x.EGAL clarified that the published cost of USD315 million is not accurate where booklet of conditions for the tender is currently being prepared and the exact cost and sources of finance will be announced once determined.MBSC released weak results for2Q22, where turned into losses of EGP3 million in 2Q22, down from a net profit of EGP48 million in 1Q22, on higher production costs that eaten up the surge in local selling prices. ECAP 2Q22 net profit witnessed a spike of 166.1% YoY while declining by 21.4% QoQ to reach EGP37 million in 2Q22. Net profit increased by 57.9% YoY in 1H22 to record EGP83 million. ECAP is currently trading at 2O22f P/E of 3.5x and EV/EBITDA of 2.5x.The Industrial Development Authority (IDA) rejected the grievance submitted by ATQA followed the IDA's refusal for ATQA to acquire a billet license.ADIB 2Q22 consolidated net profit pre minority interest recorded a robust EGP578 million (+29% q/q, +65% y/y) reaching EGP1,017 million (+51% y/y) in 1H22. The stock is trading at P/E 22 of 1.7x and P/B 22 of 0.3x, on ROAE of 21%.EFG Hermes' e-payments subsidiary PayTabs is partnering with Waffarha to allow users of the savings platform to make online payments through PayTabs.ORWE's BoD accepted an offer to sell its Chinese unit. The offer details will be disclosed once the deal is finalized.Some global cars manufacturers agreed to supply Egyptian assemblers with production components through a credit system for a period of 3-6 months. ACAMD reported 2Q22 net loss of EGP0.7 million, compared to 2Q21 net loss of EGP1.2 million and 1Q22 net loss of EGP1.8 million. e-Aswaaq, a subsidiary of EFIH, has rolled out its online ticketing platform to 29 tourist attractions in Egypt through an online portal.

In This Episode, You Will Learn: The impact and influence of mentors such as Arthur Boyle and Jack Parker. Why forming relationships and developing people skills as a coach is important. The key to coaching strong, committed athletes.   Resources + Links:   Follow Anthony on Instagram | @anthonydonskov Follow Anthony on Twitter | Anthony Donskov, PhD Subscribe to our YouTube Channel | The HPH Podcast with Anthony Donskov   Follow HPH Podcast on Instagram | @hph_podcast Follow HPH Podcast on Twitter | @TheHPH_Podcast   Learn more on our Website | https://www.donskovsc.com/   Check out Anthony's Books Physical Preparations for Ice Hockey: Biological Principles and Practical Solutions The Gain, Go, and Grow Manual: Programming for High Performance Hockey Players   Show Notes: How do you make your impact as a coach? Our guest today is Michael Boyle, co-founder of MBSC, one of the first for-profit strength & conditioning companies in the world. Coach Boyle is a teacher, trainer, and coach who stands as an expert in the field of strength & conditioning. In this episode, we'll be discussing his journey as a coach, how he got involved in hockey, and the teachings he has learned over the years. We dive into the impact of iconic mentors such as his father, Arthur Boyle, and Coach Jack Parker, to see how their influences shaped him as both a person and as a coach. Then, we will take a look at his experience with the US women's national team and how he approached their training. How do you find the truly committed players? What are the skills coaches need to have outside of data? What is the true importance of showing up prepared? Get ready for countless lessons from a legend born from legends and learn how to take your performance to the next level!   0:00:00 Say hello to special guest Michael Boyle, teacher, trainer, strength & conditioning coach, and co-founder of MBSC!  0:03:00 How did you get involved in coaching? Would you say coaching ran in your blood? 0:07:25 How did your experience at Springfield change you? 0:09:15 If you had started off as a coach right now, what would have changed about your experience? 0:12:35 What did your experience lifting with all these pro athletes teach you? 0:15:30 How did you end up at Boston University? 0:18:10 How did you get involved with the hockey team? 0:24:00 What did you learn from working with Coach Jack Parker? 0:28:05 What kind of guy was Coach Parker? What was the side to him nobody really knew? 0:31:15 The impact of Coach Parker. 0:34:30 How was your father similar to Jack Parker? 0:36:20 How did you get involved in USA hockey? 0:40:00 The value of creating relationships and forming connections. 0:43:20 Why is having people skills as a coach so important? 0:46:40 What challenges did you face from administration? 0:50:55 What were your goals for measuring progress? 0:54:45 How to weed out the uncommitted players. 0:56:10 Which way do you think the pendulum has swung, and how can we achieve an equilibrium? 1:00:50 What is the current fascination with data? 1:03:10 Showing up prepared to show up better.

Hello friends, welcome to the show. My name is Tom Broback and I am on a mission to help high school coaches keep their athletes happy and healthy. I loved playing sports growing up. From backyard football to traveling basketball to high school track and field, there was nothing better than being on a team and playing to win a game. Unfortunately, I struggled with health issues and I know your athletes do too. This inspired me to become a physical therapist and sports performance coach. This podcast will help coaches like you learn how to keep your athletes off the bench and in the game. Do you struggle with working out consistently? Do you struggle with your athletes getting the best information in sports performance? Today, we talk with MBSC coach Vinny Talluto on how to be consistent, and productive, with working out. Vinny runs personal training and strength training sessions at MBSC in Boston. I love his mindset when it comes to improving as a coach, and I hope you enjoy this conversation with Vinny. Guest - Vinny Talluto Host - Tom Broback

This episodes guest if Tom Clough. Tom is currently the Head of Athletic Performance at Ulster Rugby. On this episode Tom and I discuss: Tom's background? Why did Tom intern at Mike Boyle Strength and Conditioning (MBSC)? How did Tom support himself financially during his internship at MBSC? How did Tom deal with a year out of coaching when he got let go from Bradford Bulls? Who have been Tom's biggest influences on him both professionally and Personally? I ask Tom, what are the good and not so good things he currently see's within the physical preparation field, and what solutions would he offer to counteract the not so good things he currently see's We discuss work-life balance and coaching burn-out What is Tom's exact role at Ulster Rugby? How does Tom create an interdisciplinary coaching staff at Ulster Rugby? How does Tom create an environment for continually feedback? How are final decisions made at Ulster Rugby? How much information does Tom need to present to the Head coach on a daily basis? How has Tom developed his communication and leadership skills? What is a typical day and week like at Ulster Rugby for Tom currently? What does Tom do for his own training currently? How does Tom learn? What are Tom's top and current book recommendations? I ask Tom, if he could invite 5 people to dinner, dead or alive, who would he invite and why? This was a great discussion with Tom and I hope you guys really enjoy it. Stay Strong, RB   Show Notes: Facebook - Tom Clough Twitter - @TCloughie Instagram - s21tac   Podcasts Mentioned: Episode 246: Keir Wenham-Flatt - The future of coaching education Books Mentioned: Green lights Never split the difference  Belonging    People and Resources Mentioned: Huddersfield Giants Mike Boyle Strength and Conditioning (MBSC) Bradford Bulls Kevin Till  Ben Jones  Eric Cressey EXOS (formerly Athletes Performance) Hull Kingston Rovers Ulster Rugby Mike Boyle Francis Cummins Jamie Peacock Tim Sheens Dan McFarland Nick Winkelman  Joel Smith  Keir Wenham-Flatt Jason Cowman Matt Godfrey Shane Carney Mikey Kiely Matt Maguire Matt Daniels Nathan Mill Gary Vaynerchuk  

Show NotesToday's Discussion Points: Risk v Reward and Durability Thread from StrengthCoach.com - Is strength training for performance the same as strength training for durability? Is it possible to be more durable but less explosive, or does higher strength/power in most situations translate to reduced injury risk? And on the flip side - is it possible to actually gain performance, but increase risk of injury? What might be an example of that?- The Risk vs. Reward Whiteboard Photo- Survivorship bias- Goldilocks training - Certified Functional Strength Coach- Only 20% of people need “specialized” training. Most of us (80%) need the same thing.- “Most people you are going to train are a really good Toyota Camry” - Pat Davidson. Fixing the car = Rehab. A Ferrari is the 20% that need the specialized aggressive stuff- The cart is also context dependent… Sometimes machine based training is HIGH reward depending on that individual's goals and where they're starting from.- Grandma doesn't need to deadlift 225. We don't do Straight Bar or Trap Bar Deadlift with adults. We don't do Hops or Olympics lifts or run timed sprints.- If your client can't work, they can't get paid, and you can't get paid.- If they keep score, there are playoffs, your heart rate hits its anaerobic threshold during the event, and your paycheck or scholarship depends on your training, then you fall into the sport performance bucket. Everyone else is gen pop. Simply, if you can have beer in your hand and play it, it's not a sport. Recurring Theme from the Winter Seminar: “Meet the client where they're at”- "Begin with the end in mind" - Steven Covey - "I want to get back to doing...." It's not about what you want.- The winter seminar will be available on MBSC.tv this week to viewBook Club recommendation:Kevin: Why Do I Hurt? A Patient Book About the Neuroscience of Pain by Adriaan Louw Brendon: Ninety Percent Mental by Bob Tewksbury, Scott Miller, et al.Where you can find us next:Our other upcoming CFSC eventsContact UsWebsite: http://movement-as-medicine.comInstagram: https://www.instagram.com/MovementAsMedicine/YouTube: https://www.youtube.com/user/MovementAsMedicine

Michael Boyle is the co-owner of Mike Boyle Strength and Conditioning, and the co-founder of Certified Functional Strength Coach. Boyle is also one of the worlds' foremost educators in the areas of performance training, personal training and athletic rehabilitation. Boyle has been involved in training and rehabilitation with a wide range of athletes, including stars in every major professional sport. Mike has also served as a consultant to some of the top teams in the NFL, NHL, as well as numerous division one athletic programs. In addition, Boyle has been involved in Olympic Gold Medal efforts in women's soccer, women's ice hockey, gymnastics and judo. In 2012 and 2013 Boyle was a Strength and Conditioning Consultant to the Boston Red Sox, winners of the 2013 World Series and, from 1991-1999 Boyle served as the Strength and Conditioning Coach for the Boston Bruins. Boyle served as strength and conditioning coach at Boston University from 1983-2012. Also an author and video seminar producer, Boyle recently released New Functional Training for Sports, his fourth book.  In this episode Mike discusses:  Why his Tweet of a "bad program" had such an uptake. What program High school athletes should really be following. Whether you should teach Olympic lifting or not. How Equipment and Facility layout dictates programming. Why It's not about what you like. Simple and logical strategies to increase load in beginner trainees. Why it's important to consider the influence of drug users in popular programs.  His simplistic periodisation. The concept of "orthopedic cost" in programming. You can follow Mike's work via his Instagram account: @michael_boyle1959 , his Twitter account: @mboyle1959 and via his site www.strengthcoach.com . To learn more about the LTAD Network check out www.ltadnetwork.com or follow on Instagram: @ltadnetwork or Facebook: https://www.facebook.com/ltadnetwork . You can keep up to date with Athletic Evolution via our www.athleticevolution.co.uk , Instagram: @athleticevouk and Twitter: @athleticevouk .

Kevin has amassed a wealth of experience in the field of sports performance and personal training since starting at Mike Boyle Strength and Conditioning in 2008. Working with everyone from US Olympians looking for a competitive edge to the Average Joe or looking to shed some pounds and get healthier he has helped countless clients move better and live healthier lives. Kevin is Co-Founder of the Certified Functional Strength Coach certification and Movement As Medicine Massage and Movement Therapy Clinic. He has traveled all over the world educating thousands of coaches and therapists about the MBSC coaching system.

Today’s episode of Athletes Authority ON AIR is our first Under The Bar episode with co-hosts Lachlan Wilmot and Jordi Taylor. Our first guest is none other than Mike Boyle, one of the pioneers within the athletic performance community. It was an absolute honour to have Mike discuss his time in the industry, which has given him a unique perspective. In this episode, Mike talks about his co-owner of MBSC Bob Hanson, how MBSC implement their programs, the education of our up and coming coaches along with plenty more industry talking points. Enjoy, and let us know what you think! Instagram: @athletesauthority See more of what we do: https://athletesauthority.com.au See omnystudio.com/listener for privacy information.

Constructive Conversations About the S&C Landscape with Kevin Carr of MBSC and CFSC (@kev_in_carr) Available across all streaming platforms! Today we are joined by a long time friend of ours, Kevin, to have a candid discussion about professional growth, constructively challenging dogma, and handling conversations with people whom you might not see eye to eye with. We have a ton of respect for Kevin and what he has done for the fitness industry. This was a really fun episode for us and think you will enjoy it! Please share this with anyone who you think might benefit from listening and be sure to leave us a review to help our podcast gain more exposure! Episode Topics  ✅Whether exercises can be strictly “good” or “bad “  ✅The clinical benefits/pitfalls of systems and frameworks   ✅The importance of coaching skills in physical therapy  ✅The consequence of a pathokinesiology-based approach when educating future clinicians and coaches ✅The conceptualization, birth, and growth of CFSC ✅The structure and content of CFSC courses  ✅The importance of context and how it is informed by usefulness  ✅The biggest thing PT new grads and students would like to change about their education based on feedback collected by Level Up ____________________________________________________________ Want to get involved in our community? Here are two incredible (and free) opportunities!  CALU Community FB Group Four Month Mentorship

In this episode of Speed Talks with Les Spellman, I sit down with Michael Boyle to discuss his methodology when it comes to testing. With combine season coming up soon, I thought it'd be a good time to bring on an expert with over 30+ years of training athletes for the combine.  Mike Boyle Strength & Conditioning was founded in 1996 by Mike Boyle and Bob Hanson. Prior to co-founding MBSC, Mike served as the Head Strength & Conditioning Coach at Boston University for 15 years. He also served as the Strength & Conditioning Coach for the Boston Bruins from 1991-1999, the US Women's Olympic Ice Hockey Team (Gold in 1998, Silver in 2014, Gold in 2018), and for the World Champion Boston Red Sox. Twitter: @mboyle1959 Instagram: @michael_boyle1959 Have questions you'd like answered? Send me a DM on Twitter! Interested in other Spellman Performance offerings? Check out the links below!   FREE ACCELERATION VIDEO SERIES: https://lesspellman.podia.com/video-s... EDUCATION OFFERING: Speed Pillars: https://lesspellman.podia.com/speed-p...   TRAINING OFFERINGS: [NEW] Summer Camps: https://train.lesspellman.com/summers... [NEW] Training Sessions: https://train.lesspellman.com/summers... Speed Code: https://online.pjfperformance.net/use​​​...   JOIN OUR SPEED MISSION: Instagram: https://www.instagram.com/spellmanper​​​... YouTube: https://www.youtube.com/channel/UCeD6​​​... Twitter: https://twitter.com/les7spellman?ref_​​​... Website: https://www.lesspellman.com/​​​