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Hedge funds expect Royal Mail’s share price to fall. This is what I’d do now

first_img One thing I always keep an eye on when researching stocks is the list of the most shorted stocks in the UK. These are the stocks that hedge funds and other sophisticated investors are betting against heavily. It pays to be cautious with heavily-shorted stocks. Often, they go on to lose a lot of their value.Looking at the current list of most shorted stocks, one company stands out. That’s Royal Mail (LSE: RMG). This is a stock that’s owned by a large number of private investors in the UK. Worryingly, it’s currently the fifth most shorted stock on the London Stock Exchange with 7.7% of its shares being shorted. This means that plenty of very smart investors expect Royal Mail’s share price to fall.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…So, what’s the best move for private investors now? Is it time to sell Royal Mail shares?Hedgies expect Royal Mail’s share price to tankIt’s not hard to see why hedge funds expect its share price to fall. Recent full-year results, issued on 25 June, were ugly. For the year, adjusted profit before tax was down 31% to £275m while basic earnings per share (EPS) fell 36% to 19.6p. The board decided not to recommend a final dividend for 2019-20.Meanwhile, guidance for the near term wasn’t encouraging. Royal Mail provided two potential scenarios. In the worse of the two, which assumed a UK GDP decline of 15% (Q2 GDP was down 20.4%), it said UK revenue could be between £500m to £600m lower year-on-year.Clearly, Royal Mail is experiencing challenges right now. It could be a while before the company turns things around.Broker price targets: well below the current share priceLooking at City analysts’ views on Royal Mail, the outlook is quite bearish. For starters, analysts are continuing to downgrade their EPS forecasts. Over the last month, the consensus forecast for the year ending 29 March 2021 has fallen about 2p to -19.1p. This kind of downgrade activity could put pressure on Royal Mail’s share price.Secondly, plenty of analysts have 12-month price targets well below the current share price. Liberum, for example, which rates the stock as a ‘sell’, has a price target of 115p. That’s about 45% below the current share price. Meanwhile, Credit Suisse has a target of just 94p. That’s about 55% below the current share price. The median broker share price target is 161p – about 24% below the current share price.I’d sellRoyal Mail’s share price has enjoyed a brief rally recently, rising from about 160p to 212p over the last six weeks or so. Yet the outlook for Royal Mail looks quite grim at the moment, in my view. I wouldn’t be surprised to see the share price fall again.Weighing everything up, I’d be looking to sell into any share price strength. I’d then move the proceeds of the sale into high-quality, resilient businesses with strong growth prospects. Edward Sheldon, CFA | Tuesday, 18th August, 2020 | More on: RMG Edward Sheldon has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. “This Stock Could Be Like Buying Amazon in 1997” Hedge funds expect Royal Mail’s share price to fall. This is what I’d do now Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Image source: Getty Images. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!center_img Enter Your Email Address I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by Edward Sheldon, CFAlast_img read more

Hostess Brand Issues a Recall on Twinkies

first_img You have entered an incorrect email address! Please enter your email address here Reply January 11, 2017 at 8:34 pm Save my name, email, and website in this browser for the next time I comment. LEAVE A REPLY Cancel reply Share on Facebook Tweet on Twitter TAGSHostessRecallTwinkies Previous articleOrange County deputies arrest niece of Markeith LoydNext articleBreaking: Orange County deputies arrest third person aiding Loyd Denise Connell RELATED ARTICLESMORE FROM AUTHOR Mama Mia Holiday twinkies? Everybody has already eaten them except maybe the outdated ones that are sold by the truckload to the hog farms…..poor hogs, LOLcenter_img UF/IFAS in Apopka will temporarily house District staff; saves almost $400,000 Please enter your name here 1 COMMENT Please enter your comment! Gov. DeSantis says new moment-of-silence law in public schools protects religious freedom Florida gas prices jump 12 cents; most expensive since 2014 Hostess Brands is voluntarily recalling its Holiday White Peppermint Hostess® Twinkies® because of a possible Salmonella contamination according to the FDA. This recall applies only to the White Peppermint Hostess Twinkies (UPC 888109111571), which were only sold in multipack boxes. This recall does not affect any other Hostess products. The products were sold to mass merchandisers, grocery stores, distributors, dollar and discount stores, and convenience stores throughout the United States.No illnesses have been reported to date, and none of the confectionary coating sampled has tested positive for Salmonella. However, Hostess is initiating this voluntary recall out of an abundance of caution.Consumers who have purchased the affected product are urged to discontinue consumption and return them to the place of purchase for a full refund.Salmonella is an organism which can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems. Healthy persons infected with Salmonella often experience fever, diarrhea (which may be bloody), nausea, vomiting and abdominal pain. In rare circumstances, infection with Salmonella can result in the organism getting into the bloodstream and producing more severe illnesses such as arterial infections (i.e., infected aneurysms), endocarditis and arthritis.Consumers with questions may contact 1-800-483-7253 Monday through Friday from 8:30 am to 4:30 pm.last_img read more

Audio Update – High Court told Donegal woman died after two missed chances to…

first_img Need for issues with Mica redress scheme to be addressed raised in Seanad also Audio Update – High Court told Donegal woman died after two missed chances to diagnose cancer Twitter Facebook Dail to vote later on extending emergency Covid powers Dail hears questions over design, funding and operation of Mica redress scheme Pinterest Google+ By News Highland – June 11, 2015 Man arrested in Derry on suspicion of drugs and criminal property offences released 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report Twittercenter_img Homepage BannerNews Facebook WhatsApp WhatsApp RELATED ARTICLESMORE FROM AUTHOR Previous articleCastlederg man confirmed dead following Fermanagh crashNext articleO’Reilly says Donegal will have to be at their best to beat Armagh News Highland Google+ The High Court has heard that a mother of 3 died from breast cancer after 2 missed opportunities to diagnose the disease at a breast check clinic in Co Donegal.34 year old Melissa Hamilton died in September 2011, 8 days after giving birth to a daughter by emergency caesarean section.She was diagnosed in August 2011 having first attended her GP complaining of a sore right breast in late 2009.Her family are seeking damages from the GP who treated her and the HSE for delayed diagnosis.The court has heard liability was admitted in a letter last month.Francesca Comyn was in court……………Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2015/06/cescacancer.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Minister McConalogue says he is working to improve fishing quota Pinterestlast_img read more

China Shadow On World After Corona

first_imgColumnsChina Shadow On World After Corona Senior Advocate Rakesh Dwivedi10 April 2020 11:58 PMShare This – xAmerican call the corona virus a Wuhan or China virus. China says it was planted by USA military. The world knows that the virus first showed up in Wuhan prefecture of Hubei province in China. From their it was carried to Japan, Korea, middle east., Australia, South America, Europe and USA. Today practically the whole world including India is affected by it. What began from the wet market…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginAmerican call the corona virus a Wuhan or China virus. China says it was planted by USA military. The world knows that the virus first showed up in Wuhan prefecture of Hubei province in China. From their it was carried to Japan, Korea, middle east., Australia, South America, Europe and USA. Today practically the whole world including India is affected by it. What began from the wet market in Wuhan has become a pandemic. Countries are battling corona with different degrees of control and success. China, meanwhile has quickly reopened Wuhan and is moving towards normalcy, though there is fear of a second wave. It is retesting all those who were inflicted with corona by abundant caution. It has jump started its economy and is already exporting drones and equipment to other countries to help them fight corona. It is also scouting Europe to buy significant companies in deep stress. While it swoops to conquer global economy, the major European countries and USA are facing deathly horror in droves, and their economy is sliding into deep recession which may be similar to the Great Depression of 1930. Questions are being asked about what the post corona environment would be. It may be premature to be definitive about how any country would emerge and what route it will take to restore economic health and where it will stand in the global balance. But globally the balance will definitely shift toward Asia and perhaps China would be the front runner. China’s headstart and relative better situation in Japan, Korea and India is a clear pointer. America will remain a power to reckon but its prestige and power will suffer a relative decline. Europe will tilt more towards China – Russia combine. Differences between Europe and USA would widen. All in all there would be a clear shift in the global balance of power. We in India need to quickly control the spread. Depending on how soon we tackle the corona, India would begin its economic recovery. Given its size, youthful population, and domestic market it would be able to spring back. Of course that is the hope. But this imperative must be gripped by the Government and all the people. It is only by unity and full play of democracy that the battle against Corona and the Resurrection post corona would be won. Peoples participation and heed to criticism, even if extreme, is essential. Constitutional thrust and dynamics of Corona make it compelling. Neither the critics should turn sceptics or there should be a designed propensity to brand the critics anti national. The State must lead the battle taking all along in this national battle. We need to keep a keen eye on the future global scenario and ensure that corona war here is not prolonged. The longer the problem persists greater will be the economic setback. Already unemployment has grown tremendously and large number of businesses are in serious stress. Stress in the agriculture sector has also grown considerably. Let us not therefore persuade ourselves to breach stay home policy and lock down. Let us not beat up the doctors and nurses. Without them we cannot win. So they should not be harassed. Equally the state needs to provide all necessary protective gear and protection to the medical team. The protection of the medical team is of utmost significance and no stone should be left unturned to ensure their safety. Economic experts, including Niti Ayog and advisors of the government must think about the future economic restructuring in India. The economic wing must swing into action now. The Government needs to have a blue print ready now. Let there be a stitch in time. Else we will be caught napping and ill prepared. There lies an opportunity and let it not slip.Views Are Personal Only.(Author is a Senior Advocate at Supreme Court)Picture From HereNext Storylast_img read more

Devil in the detail

first_img Comments are closed. The complexities of the Disability Discrimination Act make it easy to slipup in practice.  There are areas inwhich occupational health and personnel practitioners really need to be ontheir toes.  By Paul D McMahon Helen, who is employed as an IT support assistant in an insurance company,has been injured in a car accident. She suffered head injuries and a brokenpelvis and as a result has permanent restriction of movement in her upper bodyand learning difficulties. On her return to work she explains to Mike, her linemanager, that she can no longer take part in her favourite hobby of potholing,and has great difficulty in carrying out household chores involving bending andlifting. Mike, however, noticed she did not appear to have any restriction ofmovement when he saw her moving computer equipment last week, but wonders ifHelen may be disabled in terms of employment legislation. The DDA definition of disabled A person is disabled in terms of the Disability Discrimination Act if theysuffer from, “a physical or mental impairment which has a substantial andlong-term adverse affect on their ability to carry out normal day-to-dayactivities”. Assume that Helen’s condition is’substantial and long-term’ and the questionbecomes one of whether or not it is having an effect on her ability to carryout normal day-to-day activities, a question that has been the subject ofrecent case law. In the case of Ekpe v The Commissioner of Police of the Metropolis, 2001,IRLR 605, the EAT highlighted that in dealing with the question the focusshould be on what a person cannot do because of their disability, rather thanwhat they can do. In that particular case, which concerned a female employee, the originaltribunal decided that putting in hair rollers and applying make-up were notnormal day-to-day activities. That decision was overturned by the EAT whichsaid the question that should be addressed is whether the activity can beconsidered abnormal or unusual. They observed that the Guidance to theDisability Discrimination Act states that an activity is not normal if it isonly carried out by a particular person or group of people, and stresses thatjust because the activity is mostly done by one gender, does not mean it is notnormal. In Helen’s case, it would appear that doing household chores would be viewedas a normal day-to-day activity; but not potholing. The significance of how well Helen is able to carry out normal day-to-dayactivities at work, such as lifting computer equipment, was addressed by theCourt of Session in the case of Law Hospital NHS Trust v Rush, 2001, IRLR 611,when it was stated, again with reference to the guidance to the DDA, that workduties were not day-to-day activities. But where work duties include someelement of day-to-day activities, such as lifting objects, this informationcould be relevant to the credibility of an employee who is claiming he or shecannot carry out a particular activity. Therefore, Mike’s observation that Helen was able to move computer equipmentwould not be relevant to the definition of disability, but could be relevant towhether she is telling the truth or exaggerating about her lack of ability tocarry out household chores. Substantial disadvantages The following month, disciplinary proceedings were instigated against Helenafter allegations that she made racist remarks to a fellow employee who is froman ethnic minority. Under the company’s disciplinary procedure, Helen is suspended and adisciplinary hearing is held. A solicitor’s letter arrives saying Helen feelsdiscriminated against because, in view of her learning difficulties, she didnot understand the letter she received explaining the disciplinary procedure toher, she was intimidated and felt unable to express herself fully because ofthe formal nature of the hearing, and because she was not permitted to bringalong a friend in place of a work colleague. Mike, however, recalls that along-standing and trusted colleague of Helen’s explained the contents of theletter and accompanied her to the hearing at which it was observed that Helenhad been very articulate in her own defence. Section 6 of the Disability Discrimination Act provides that, where anemployer’s working arrangements or premises place a disabled person at asubstantial disadvantage, then a duty to make reasonable adjustments arises toavoid the disadvantageous effect. Failure to make such reasonable adjustmentsis discriminatory, unless it can be justified by a reason which is bothmaterial to the circumstances of the case and is substantial. Therefore, theduty to make reasonable adjustments only arises where an employee is placed ata substantial disadvantage. A similar situation arose in the case of Cave v Goodwin & Another, 2001,EWCA Civ391. In that case the applicant was a care assistant in a residentialcare home and had epilepsy and learning difficulties. Allegations of sexualmisconduct were made against the applicant and the employer initiateddisciplinary proceedings, similar to those used by Helen’s employer. Theapplicant received a letter informing him he was suspended and that there wasto be a disciplinary hearing. The applicant did not receive any oralexplanation of the charge and the process from his employer, which also refusedhis request to be accompanied by a friend (not a work colleague) at thedisciplinary hearing. The question the tribunal first considered was whether or not the applicanthad been put at a substantial disadvantage by this alleged discrimination.Although he had received notice of the suspension and the disciplinary hearingby letter, it was found he had been able to read most of the letter himself,and the entire contents of the letter were explained to him by his colleagues.He had had an understanding of the disciplinary hearing and was able to expresshimself at the hearing. The tribunal therefore found the applicant suffered no substantialdisadvantage as a result of the alleged discrimination, and therefore the dutyto make reasonable adjustments did not arise. In Helen’s case, the employer may have done better to modify thedisciplinary procedure by explaining the suspension and the arrangements forthe disciplinary hearing orally, as well as in letter form and allowing her tobe accompanied by a friend at the hearing, rather than a fellow employee (theguidance to the DDA recommends that a person with learning difficulties beaccompanied by a friend at such a hearing). They might also have considered making the hearing itself less formal withregular breaks for Helen to consult with the friend who accompanied her. The employer could argue, however, that the duty to make reasonableadjustments did not arise, as she did not suffer a substantial disadvantage. They could point out that the disciplinary letter was fully explained toHelen by a trusted colleague, it was this colleague who accompanied her to thedisciplinary hearing, and the procedure did not seem to prevent Helen fromexpressing her point of view. Reasonable adjustments Subsequently, Helen’s condition deteriorates and she goes on long-termsickness absence. Following the company’s long-term sickness absence procedure,a report is obtained from the company’s occupational health department. Thisreport indicates that it is unlikely that Helen will ever be able to return towork and she is dismissed on the grounds of ill health. Helen claimed disability discrimination, claiming reasonable adjustments hadnot been given serious consideration by the company. As stated above, section 6 of the DDA requires that reasonable adjustmentsbe made when a disabled person suffers a substantial disadvantage, unless thefailure to do so can be justified. The importance of proper consideration of adjustments which can be made, tothe question of whether or not it was reasonable to make them, and whether ornot failure to do so can be justified, was emphasised in the case of Fu vLondon Borough of Camden, 2001, IRLR 186. In that case, the applicant hadsuffered from two accidents at work. She proposed a number of adjustments bemade to her working conditions, including a voice-activated computer, ahands-free phone, an adapted chair and easy access shelving. The employer did obtain a report from occupational health and the OHassessor’s position was that they could not indicate when the applicant wasgoing to be able to return to work. The applicant was therefore given a choiceof ill health retirement or dismissal. This case went to the EAT, which observed that as dismissal itself is not anact of discrimination under the Act, the only matter they were required toconsider was whether reasonable adjustments should have been made. The EAT considered that the employer had discriminated against the applicantbecause they had failed to consider the extent to which the proposedadjustments could have allowed her to return to work. When an employer is faced with the prospect of considering adjustments, thepossible adjustments should be discussed with both the employee and the medicaladviser. The focus should be whether the adjustments will make a real difference –will they lead to the disabled person suffering no substantial disadvantage byreason of their disability, compared to a non-disabled employee? Investigationsshould then be conducted as to the effect of these possible adjustments on boththe employee and the workplace, with a view to establishing whether they canreasonably be made. Where appropriate, the employer ought also to consider implementingadjustments for a trial period as an alternative to dismissal. Paul D McMahon is a solicitor with Harper McLeod Previous Article Next Article Related posts:No related photos. Devil in the detailOn 1 Mar 2002 in Personnel Todaylast_img read more

Strontium isotope stratigraphy for CRP-3, Victoria Land Basin, Antarctica

first_imgStrontium isotope stratigraphy was used to date 5 discrete horizons within the CRP-3 drillhole. A single in situ modiolid bivalve fragment at 10.88 mbsf gives an age of 30.9 (±0.8) Ma for the associated sediment. The fourremaining well preserved fragments recovered from 29.94-190.31 mbsf are within error of this age, indicating a high sedimentation rate and suggesting little time ismissing in disconformities. The diagenetic alteration of carbonate macrofossils by continental fluids (and possibly seawater) is a common feature to 320 mbsf.last_img read more

Spatiotemporal interpolation of elevation changes derived from satellite altimetry for Jakobshavn Isbræ, Greenland

first_imgEstimation of ice sheet mass balance from satellite altimetry requires interpolation of point-scale elevation change (dH/dt) data over the area of interest. The largest dH/dt values occur over narrow, fast-flowing outlet glaciers, where data coverage of current satellite altimetry is poorest. In those areas, straightforward interpolation of data is unlikely to reflect the true patterns of dH/dt. Here, four interpolation methods are compared and evaluated over Jakobshavn Isbræ, an outlet glacier for which widespread airborne validation data are available from NASA’s Airborne Topographic Mapper (ATM). The four methods are ordinary kriging (OK), kriging with external drift (KED), where the spatial pattern of surface velocity is used as a proxy for that of dH/dt, and their spatiotemporal equivalents (ST-OK and ST-KED). KED assumes a linear relationship between spatial gradients of velocity and dH/dt, which is confirmed for both negative (Pearson’s correlation ρ < −0.85) and, to a lesser degree, positive (ρ = 0.73) dH/dt values. When compared to ATM data, KED and ST-KED yield more realistic spatial patterns and higher thinning rates (over 20 m yr−1 as opposed to 7 m yr−1 for OK). Spatiotemporal kriging smooths inter-annual variability and improves interpolation in periods with sparse data coverage and we conclude, therefore, that ST-KED produces the best results. Using this method increases volume loss estimates from Jakobshavn Isbræ by up to 20% compared to those obtained by OK. The proposed interpolation method will improve ice sheet mass balance reconstructions from existing and past satellite altimeter data sets, with generally poor sampling of outlet glaciers.last_img read more

To Move Now launches Part Exchange alternative

To Move Now has created a portal to connect housebuilders whose purchasers have properties to sell with a panel of corporate property buyers.Members of the panel bid to buy the second-hand properties directly, so the developer can sell its new homes without being exposed to chains or taking on part exchange stock.To Move Now Director, Chris Taylor co-founded the business. He said, “Part exchange is a tried and trusted system, but it does not fit every scenario.To Move Now provides a cash buyer and a fast sale where part exchange isn’t appropriate. For example, Help to Buy can be used in conjunction with our service, whereas Government rules prevent the scheme from being used with part exchange.“Our service works for people moving up, down or sideways and operates throughout mainland UK, so is not restricted by geography.”To Move Now is the sister company to Developer Solutions Ltd, one of the country’s leading providers of land appraisals, viability assessments and market analysis. Its CEO, Chris Gregory, said, “Developer Solutions provides data, analysis and insight to solve developers’ problems in areas ranging from land valuations and local area appraisals to finance and mortgage availability.“To Move Now is an extension of the Developer Solutions ethos. Through our discussions with developers across the country we identified a need for a service which could accelerate sales.”part exchange housebuilders portal for housebuilders new build homes To Move Now September 10, 2018The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Land & New Homes » To Move Now launches Part Exchange alternative previous nextLand & New HomesTo Move Now launches Part Exchange alternativeA new alternative to Part Exchange has been launched to help housebuilders sell new-build homes more quickly.The Negotiator10th September 201801,149 Views read more

Sit down, stay a while

first_imgCall it ambush art, sort of.A seemingly spontaneous ensemble swirled, serenaded, stood on, and sat in the objects of their desire outside Dudley House on Tuesday (Sept 7) afternoon as a bemused group of onlookers occasionally joined in.But the love fest for the colorful plastic furniture was a planned performance of “Chairs — the Musical,” designed to promote the social space.The production was the first in what has become a fall happening in connection with the Common Spaces Chairs Project, an initiative launched last year to promote gathering spaces around the campus with the addition of tables and chairs, food, and live performances.Members of the Harvard-Radcliffe Dramatic Club (HRDC), the a.r.t. Instigators, and the Freshman Arts Program, not to mention a member of the Harvard faculty, took part in the first performance in the ongoing fall performance festival titled “The Chairs Revue.”In the brief skit a nonbelieving student questioned the importance of the chairs, while others sang their praises, literally, at one point encouraging the audience to sing along.“One chair for my behind, find, one chair,” sang a plaintive Harvard Divinity School professor, David Lamberth, to a light green seat using a tune from the Broadway hit musical “Rent.”“It was fun, the people working with it were great,” said Lamberth of the chance to be involved in the show. But the professor of philosophy and theology also sang from the heart, admitting that he truly does love the new chairs and the atmosphere they inspire.“It’s really super. I think it’s added an interesting dimension to the way the Yard feels and the way people relax and use spaces differently.”During September and October, members of the Harvard community can enjoy the regular performances every Tuesday and Friday from 12:30 to 1:30 p.m. either in the area in front of Dudley House or in front of the Science Center. Upcoming presentations include an outtake from the American Repertory Theater’s (A.R.T.) production of “Alice vs. Wonderland,” a “psychedelic update” of the classic tale, as well as interactive and modern dance performances.“I’ve never done a show like this,” said senior Lester Kim, a physics concentrator from Eliot House who has been in a number of HRDC productions during his time at Harvard. “You get the audience within the stage.”Formed in spring 2008, the Committee on Common Spaces worked closely with the University Planning Office to enhance the ways the Harvard community can experience the Cambridge campus. A series of surveys, focus groups, and interviews revealed a desire for better areas on campus for informal gatherings, places where Harvard students, faculty, and staff could unite to share both the environment and experiences.The performances encourage people to use the Yard in a different way, said Allegra Libonati, artistic associate at the A.R.T. who helped develop the “Chairs” production.“It’s about sharing, and communing, and sharing ideas.”last_img read more