Monday, October 22, 2012

Bullish Thoughts: Cancer & Corporate Social Responsibility




Bullish Thoughts is mildly satisfied that Zimbabweans are now taking the cancer scourge seriously. Some corporates that have publicly taken a stance include TM Supermarkets.

If anyone scanned through the Sunday Papers this past week they would have noticed substantial health articles around Cancer.

Of interest was the warning against the use of various herbs either tightening or enlarging which have seen women in particular suffer silently.

As October comes to a close…ask yourself, what is it that you have done to combat this scourge.

You can donate cash or kind to either Cancer Association of Zimbabwe or Island Hospice who concentrate on dignified deaths.

Imagine if we could all donate at least $10 towards this cause…individually it may be a small amount but collectively it can make a difference to society.

It’s time we upped our Corporate Social Investments!

Or if you have no cash or anything else to donate, just wear the pink ribbon for the remaining days and raise as much awareness as possible.

The landmark National Conference on Cancer Prevention and Control organized by the Cancer Association of Zimbabwe held on the 16th of September 2011 under the theme; ‘Bringing the Cancer Burden on the National Health Agenda’ and attended by over 80 delegates including political leaders, cancer experts, government officials, cancer survivors, civil society organisations, media, Non Governmental Organisations and the private sector noted that cancer is now killing more people than HIV and AIDS, TB and Malaria combined globally.

It also noted that Zimbabwe sees, on average, 7000 cancer cases each year and only a fraction of these – some 700 to 1500 is treated and that the HIV and AIDS pandemic is augmenting the rate of HIV-related cancers, with 60% of new cancers in Zimbabwe being associated with HIV and AIDS.

What is Cancer?
Cancer is a disease of cells. Cells are the smallest building blocks in our bodies, invisible to the naked eye. Groups of cells form the tissues and organs of the body (such as the lungs, brain, liver, kidneys or heart); each of these have a very specific function. Cells normally reproduce themselves by dividing in a regular fashion so that growth and repair of the body tissues can take place. If the normal function is disrupted, there may be an uncontrolled growth of cells causing a swelling or tumors. Tumors maybe benign or malignant (cancerous).

The cells that develop into cancer can be a result of foreign or harmful substances that penetrate the cell and its nucleus, damaging the DNA- deoxyribonucleic acid. Cancer causing factors include the air we breathe, the water we drink, diet, alcohol, tobacco and exercise we get, among other factors. Cancer could be a result of faulty DNA which will be recreated every time a cell divides.

The Warning Signs of cancer...
  •  ·         Change in bowel or bladder habits
  • ·         A sore that does not heal
  • ·         Unusual bleeding or discharge
  • ·         Thickening or lump in the breast or elsewhere
  • ·         Indigestion or difficulty in swallowing
  • ·         Obvious change in a wart or a mole
  • ·         Nagging cough or hoarseness

 Consult your doctor or nearest health facility if any of these symptoms present.

Support Fundraising...
The Harare Cancer Centre is a welfare organization that relies on the support of wishers and the public for funding in order to achieve its objectives.

Help by participating in any of the following events:
·         Think Pink Golf Tournament
·         Triathlon
·         Walk/Run
·         Dinner Dances
·         Cuppa for HCC
·         Shavathon

Become A Corporate Partner...

The Harare Cancer Centre is extremely grateful to all the companies that have helped us one way or another. We invite other companies to join us in educating and raising cancer awareness. Invite us to your corporate wellness programs.


Investment Advice

Dear Bullish Thoughts

I am a 39 year old man. I am currently troubled by my relationship with my girlfriend who is 26 years old. Her parents died when she was 8 years then she dropped out of school because no one could afford to pay her fees.

I then met her when she was 14 years and sent her back to school.

I was selling fruit by the street just to pay her fees. I then got a job as a truck driver and sent the girl to university and now she is employed as a Finance Manager.

My problem is that she now feels she can't continue with this relationship because I am not her type.

She says she is grateful that I sent her to school but she can't be in a relationship with me anymore. She wants somebody in her own class not a truck driver.

My financial and emotional feelings are being hurt. I met to a stockbroker who advised me that if I had bought some Delta and BAT shares 12 years ago, not only would I be making Roy Turner green with envy but I would also have been a proud shareholder in African Sun, Pelhams, OK Zimbabwe and perhaps even Dawn.

The stockbroker also said with the shares I could have bought with the money I invested in her fees, I would actually be owning a truck company nearer in size to SABOT, CARS or even Takrose.

Above all, I would have paid for my own further education with dividends from Delta and OK Zim. I am also advised that the recent BAT dividend of 23c would have been adequate to help me retire early. Please help, I am hurting...Truck Driver.
  


Bullish Thoughts replies…

Dear “Could have been trucks owner”

Bullish Thoughts is not sure if he should feel pity for you. In fact he has just recalculated the opportunity cost of your investment…to you personally! It’s really humongous!

Though you did not explicitly say so, Bullish Thoughts is tempted to think you went into this solely for a scrip dividend…or hand in marriage put simply.

From a legal perspective, such contracts are called social contracts and are not easily enforceable at law as you cannot force someone to marry you just like you cannot sue your girlfriend for failing to pitch up at a rendezvous. You cannot approach the courts for performance by your almost “was” fiancĂ© especially regarding the scrip dividend. Unfortunately ignorantia juris non excusat!

Next time when you want to do such investments or other such ventures (which Bullish Thoughts you will), it is recommended that you don’t be fixated solely on scrip dividend. What if it does not come? Or worse still, what if it comes, and the price tanks!

You should continuously evaluate your investments, disinvest when the risk starts to increase or take profit before the price falls or the stock becomes illiquid.

However, also look on the brighter side of things. You helped eradicate poverty and that woman certainly is paying tax (PAYE) that is enough to pay the salary of one or two civil servants so the economy is benefiting from your “social investment”.

If you have a potential investment case of similar nature again, Bullish Thoughts suggests you immediately approach the closest financial advisor.

Who knows, maybe another 10 years from now you will be in the category of Nick Van Hoog, Roy Turner or a real owner of a trucking company or vegetable processing company.

Alternatively, if you are still keen on scrip dividends, you may want to go back to the roadside where tomatoes are sold and evaluate those other stocks which are hidden from the eye of an ordinary marriage investor. They probably are valuable and gems in the rough!

Lastly…
Bullish Thoughts is confused by the current bull run on the ZSE. How big is the bag of cash out there? Are there many buyers or there is just one using multiple stockbrokers? Are the price levels still sustainable? Your little bullish thoughts are welcome so that we educate potential investors fully!

 Delta is at 92.4c, BAT 450c, Econet 491c, Innscor 81c and so forth. Should it be a buyers or sellers market?

Invest Wisely!

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