Reliance Industries FY26 Q4 profits declined QoQ and YoY due to higher depreciation and interest from 5G capex capitalization. O2C throughput fell ~4% YoY; refining EBITDA was down -4% YoY, but management emphasized unprecedented dislocation. Jio and Retail together grew EBITDA 14%, offsetting energy sector headwinds. Read more - eduinvesting.in/reliance-ind…

Farmers are moving closer to monetizing soil biology as carbon credits become accessible. Offsetting the costs of building soil health turns regenerative agriculture into a sustainable financial asset. #SoilHealth #RegenerativeAg Source: farmersweekly.co.za/agri-new…

...for the purpose of emission offsetting. We continue to reduce our environmental impact, contribute to the fight against climate change, and strengthen our commitment to responsible production for a sustainable future.

Sports vs. Climate Change: How Leagues & Athletes Are Adapting (& Offsetting) #SportsForClimate #GreenSports #AthleteAdvocacy #ClimateAdaptation #SustainableStadiums

I just earned $B3TR for offsetting Carbon Years (CY) on pauseyourcarbon.com! 🌱 That's tons of CO₂ removed—like taking it out of the air for a whole year. Join @pauseyourcarbon and get rewarded for climate action! #CO2 #ClimateAction 🌎

Not only "ripping off America" but investors worldwide (incl. reducing local tax revenues by loss offsetting) . I'll stay away from these markets as long as the Trump family has any remote influence. (I'm aware I'm a microscopic small fish, but I guess there are a lot if us)

Carbon credits ≠ Carbon offsets. Carbon credit = Proof. 1 credit = 1 ton of CO₂ reduced/removed by a verified climate project. Carbon offsetting = Action. It’s retiring that credit to balance emissions you’ve already released. #ClimateAction #Carboncredit #ClimateChange

📋 Forecast Verification # FORECAST VERIFICATION BRIEF: Sunday, June 14, 2026 🌪️ GROUND TRUTH WHAT ACTUALLY HAPPENED: ⛈️ WIDESPREAD SEVERE WEATHER OUTBREAK across the UPPER OHIO VALLEY, MID-ATLANTIC, AND NORTHEAST from mid-afternoon through late evening. The event unfolded in TWO DISTINCT WAVES: an earlier cluster across OHIO/WESTERN PENNSYLVANIA/GREAT LAKES (1600-2100 UTC), followed by a MORE INTENSE CORRIDOR across the MID-ATLANTIC (eastern PA/MD/VA/NC, 2200-0300 UTC). 🌪️ TORNADO REPORTS: 5 CONFIRMED - WESTERN PA CLUSTER: 3 tornadoes in JEFFERSON COUNTY PA (2022-2041 UTC), including a confirmed tornado near Worthville and tree damage on SR-301 - OHIO: 2 tornadoes in COLUMBIANA COUNTY OH (2100-2117 UTC) - All tornadoes concentrated in the UPPER OHIO VALLEY CORRIDOR during the earlier wave 💨 WIND REPORTS: 10 DAMAGING WIND EVENTS - GREAT LAKES/OHIO: 61 mph gust at Clay Center OH (1730 UTC), 59 mph near Sandusky (1814 UTC), widespread tree/power line damage across ERIE/SANDUSKY/OTTAWA COUNTIES - SOUTHEAST EARLY: isolated wind damage in PICKENS SC/FRANKLIN GA (1635-1726 UTC) - Activity concentrated 1630-1900 UTC across the northern tier 🧊 HAIL REPORTS: 9 EVENTS - Largest: 1.75" (GOLF BALL) IN NASH COUNTY NC (2321 UTC) and 1.25" IN CRAWFORD PA (2041 UTC), HAMPTON VA (2251 UTC), RIPLEY MD (2320 UTC) - HEAVILY CONCENTRATED IN THE MID-ATLANTIC EVENING WAVE (2041-2324 UTC) - Late timing confirms the SECOND, MORE ORGANIZED CORRIDOR was the primary severe producer 📡 WARNING ACTIVITY: 135 WARNINGS (17 tornado, 118 severe thunderstorm) across 14 offices - BUSIEST OFFICES: CTP (30), AKQ (18), CLE (18), PBZ (18), LWX (13) — the MID-ATLANTIC CORE (CTP/AKQ/LWX = 61 warnings) and UPPER OHIO VALLEY (CLE/PBZ = 36 warnings) dominated - TORNADO WARNINGS: concentrated in WESTERN PA and OHIO during the 2000-2200 UTC window - Warning window: 1628 UTC → 0316 UTC — a 10 HOUR SEVERE WEATHER EVENT ━━━━━━━━━━ 🎯 BOTTOM LINE OVERALL PERFORMANCE: STRONG OPERATIONAL FORECAST WITH EXCELLENT REGIONAL TARGETING, THOUGH MAGNITUDE UNDERESTIMATED FOR THE MID-ATLANTIC CORRIDOR. BIGGEST HITS: ✅ GEOGRAPHY: Day 1 and Day 2 both nailed the MID-ATLANTIC/UPPER OHIO VALLEY as the primary threat zones — the Slight Risk placement verified exceptionally well ✅ TIMING: Afternoon-evening window (1600-0300 UTC) verified perfectly; both outlooks correctly identified the PROGRESSIVE NATURE of the event ✅ PRIMARY HAZARD: DAMAGING WINDS were correctly forecast as the main threat and dominated the verified reports ✅ TORNADO THREAT RECOGNITION: Day 1 correctly highlighted EMBEDDED TORNADO POTENTIAL in the Upper Ohio Valley with stronger wind profiles — all 5 tornadoes occurred there BIGGEST MISSES: ❌ MAGNITUDE UNDERESTIMATION: The MID-ATLANTIC CORRIDOR (especially EASTERN PA/MD/VA/NC) produced a MUCH MORE SIGNIFICANT EVENT than Day 2 anticipated — SPC collaboration notes mentioned "possible upgrade to Enhanced" but it remained Slight Risk ❌ PROBABILITY CALIBRATION: The 30% WIND PROBABILITIES for DelMarVa/SE PA/S NJ were justified, but the CONCENTRATION AND DURATION of the Mid-Atlantic event (61 warnings from CTP/AKQ/LWX alone) suggested ENHANCED RISK territory ❌ HAIL UNDERPLAY: While mentioned as "isolated," 9 HAIL REPORTS including GOLF BALL HAIL IN NC showed a MORE ROBUST HAIL ENVIRONMENT than anticipated, especially in the evening Mid-Atlantic wave KEY TAKEAWAYS: 🔥 TWO-WAVE STRUCTURE: The event split into an EARLY OHIO VALLEY TORNADO/WIND PHASE (1600-2100 UTC) and a LATER, MORE INTENSE MID-ATLANTIC SEVERE WIND/HAIL PHASE (2200-0300 UTC) — Day 1 better captured this evolution 🎯 ENHANCED VS. SLIGHT DEBATE: Day 2's collaboration notes about a POSSIBLE ENHANCED UPGRADE were prescient — the WARNING DENSITY, DURATION, AND REPORT CONCENTRATION across the Mid-Atlantic core supported that level, especially given the 1500-2500 J/KG MLCAPE and organized clusters 📍 TORNADO PLACEMENT: The WESTERN PA TORNADO CLUSTER verified the Day 1 emphasis on STRONGER WIND PROFILES/EFFECTIVE SHEAR in the Upper Ohio Valley — tornadoes stayed north of the higher instability but weaker shear zone ⚡ DCAPE/INVERTED-V: Local AFDs (RNK, AKQ) emphasized DCAPE 1000-1300 J/KG and DRY MID-LEVEL AIR — the verified DAMAGING WIND DOMINANCE and WATER-LOADED DOWNBURSTS (FFC noted 45 mph at their office) confirmed this as the PRIMARY MECHANISM 🌧️ MOISTURE GRADIENT: The NORTHWARD EXTENT OF MOISTURE (Day 2 uncertainty: "low 60s F dewpoints into PA/NY") ended up MORE ROBUST THAN EXPECTED, fueling the PROLONGED MID-ATLANTIC EVENT into the evening hours ━━━━━━━━━━ 🗺️ SPC VERIFICATION DAY 2 OUTLOOK (ISSUED 0015 UTC JUN 13) VS. DAY 1 OUTLOOK (ISSUED 1254 UTC JUN 14) VS. REALITY: 📍 GEOGRAPHY: - DAY 2: Slight Risk across UPPER OHIO VALLEY TO MID-ATLANTIC — broadly correct but LESS SPECIFIC - DAY 1: Refined Slight Risk with BETTER FOCUS on the NORTHEAST/APPALACHIANS/MID-ATLANTIC corridor — closer to verified activity - REALITY: The MID-ATLANTIC CORRIDOR (eastern PA through VA/NC) was the BULLSEYE, with a secondary UPPER OHIO VALLEY tornado zone — Day 1's refinement was SPOT-ON ⚡ SEVERE THREAT MAGNITUDE: - DAY 2: Acknowledged 30% WIND PROBABILITIES for DelMarVa/SE PA/S NJ and noted "HIGHER COVERAGE PROBABILITIES/UPGRADE TO ENHANCED COULD BE NEEDED" — this was PRESCIENT BUT NOT ACTED UPON - DAY 1: Maintained Slight Risk but described "SEVERAL ORGANIZED CLUSTERS CAPABLE OF SCATTERED DAMAGING WIND GUSTS" and "LOCALLY HIGHER CONCENTRATIONS OF WIND DAMAGE" — language suggested HIGHER-END SLIGHT - REALITY: The 135 WARNINGS, 10 WIND REPORTS, 9 HAIL REPORTS, AND 10 HOUR DURATION across the Mid-Atlantic core JUSTIFIED ENHANCED RISK, especially given the 61 WARNINGS FROM CTP/AKQ/LWX ALONE 🌪️ TORNADO THREAT: - DAY 2: Mentioned "ISOLATED TORNADO POSSIBLE" almost as an afterthought - DAY 1: Upgraded emphasis: "A BRIEF TORNADO AND/OR HAIL COULD ALSO OCCUR GIVEN THE RELATIVE STRENGTH OF THE WIND PROFILES" in the Upper Ohio Valley — MUCH BETTER recognition - REALITY: 5 TORNADOES, ALL IN THE UPPER OHIO VALLEY (western PA/Ohio) during the 2000-2200 UTC WINDOW — Day 1's WIND PROFILE EMPHASIS was VALIDATED 🧊 HAIL THREAT: - DAY 2: "ISOLATED HAIL" mentioned but downplayed - DAY 1: "SOME HAIL" expected, especially with semi-discrete supercells - REALITY: 9 HAIL REPORTS, including GOLF BALL HAIL IN NC and HALF-DOLLAR HAIL IN MULTIPLE MID-ATLANTIC LOCATIONS — MORE WIDESPREAD THAN FORECAST, particularly in the EVENING MID-ATLANTIC WAVE 🕐 TIMING: - DAY 2: "AFTERNOON TO EARLY EVENING" for Mid-Atlantic, "THROUGH THE EVENING" for Upper Ohio Valley - DAY 1: "AFTERNOON AND EVENING" — slightly longer window - REALITY: 1630 UTC → 0316 UTC (10 hours) — the event RAN LATER than Day 2 anticipated, especially the MID-ATLANTIC PHASE, which didn't peak until 2200-0100 UTC. Day 1's broader window was CLOSER. 📊 FORECAST EVOLUTION & LOCAL AFD INSIGHTS (WEIGHTED BY TIER): TIER 1 (CORE RISK AREAS) — RNK, LWX, AKQ, PHI: - RNK (BLACKSBURG VA): Emphasized DCAPE 1000-1300 J/KG, INVERTED-V PROFILES, AND DRY MID-LEVELS — correctly identified DAMAGING WIND DOWNBURSTS as the primary mechanism. Noted MLCAPE >1500 J/KG across the Piedmont. - AKQ (WAKEFIELD VA): Highlighted 30% WIND PROBABILITY and noted SPC COLLABORATION ABOUT POSSIBLE ENHANCED UPGRADE — showed OPERATIONAL AWARENESS that the threat was HIGHER-END SLIGHT. Emphasized 1500-2000 J/KG MLCAPE and 30-40 KT EFFECTIVE SHEAR. - LWX (BALTIMORE/DC): By evening, noted the SEVERE THREAT HAD DIMINISHED but emphasized the PROLONGED LIGHTNING/FLOODING THREAT — captured the MESSY, LONG-DURATION nature of the event. - PHI (MT. HOLLY NJ): By overnight, the SEVERE WEATHER THREAT HAD ENDED but noted ELEVATED CREEK/STREAM LEVELS near I-95 — highlighted the TRANSITION FROM SEVERE TO FLOODING as the event wound down. TIER 2 (SECONDARY AREAS) — CLE, PBZ, ILN, BGM: - CLE (CLEVELAND): Correctly forecast DAMAGING WINDS IN EXCESS OF 60 MPH and captured the GREAT LAKES/LAKE ERIE ENHANCEMENT — the 61 MPH GUST AT CLAY CENTER OH and SANDUSKY damage verified this. - PBZ (PITTSBURGH): Emphasized DEPENDENCE ON MORNING ACTIVITY and the RESULTING AFTERNOON ENVIRONMENT — showed GOOD MESOSCALE AWARENESS but UNDERESTIMATED TORNADO POTENTIAL until the event unfolded. - BGM (BINGHAMTON NY): Noted STEEP LOW-LEVEL LAPSE RATES OFFSETTING LOWER CAPE — captured the WIND-DOMINANT PROFILE even in marginal instability zones. DAY 2 → DAY 1 EVOLUTION: The forecast IMPROVED SIGNIFICANTLY from Day 2 to Day 1 in TORNADO THREAT RECOGNITION (western PA/Ohio) and TIMING REFINEMENT, but BOTH DAYS UNDERESTIMATED THE MAGNITUDE of the Mid-Atlantic corridor event. Day 2's COLLABORATION NOTES about a POSSIBLE ENHANCED UPGRADE were the KEY MISSED OPPORTUNITY — had SPC pulled the trigger on Enhanced for the DelMarVa/eastern PA corridor, it would have BETTER MATCHED the verified WARNING DENSITY AND REPORT CONCENTRATION. ━━━━━

3/ This matches the shift in carbon markets. New financial mechanisms make carbon credits more accessible to ranchers, offsetting high transition costs for cover cropping and biological soil restoration. #RegenerativeAg farmersweekly.co.za/agri-new…

Peddi failing is NOT a case of bad palatability. You can try having good content offsetting exorbitant prices, but not mediocre content Show allocation will NOT be good if initial weekend occupancies are LOW, which are again driven by high prices.

But I also think, they could have called that a F1, and let them keep playing. The refs are very wishy washy and it was physical all the way up to that point. Give them both offsetting F1s and let them play basketball.

What if preferences for saving vs consumption changed? Wealth is tough to think about. And don’t get me started on counting student debt with no offsetting asset or on social security wealth.

for vertical investment doesnt it look like going e2 on her makes her do more dmg as sub and mdps now offsetting the 10% damage nerf to her skill in v3?

Cost, Energy and Comfort Comparison [30 Days | 16 May 26 to 14 Jun 26] Boiler (Tracker -> Fixed) was cheaper by £5.32 (18.5 %) vs Heat Pump (Agile), or £-3.48 after offsetting £8.80 gas stand. charge (30 d × £0.293)🥇🎉 Prices based on @OctopusEnergy tariffs 💚

the gold standard- "heightened the fragility of the international financial system" "was the mechanism that transmitted the destabilizing impulse from the US to the rest of the world" "magnified that initial destabilizing shock" "was the principal obstacle to offsetting action"

YIELDS on government securities (GS) traded in the secondary market edged lower last week as demand for bonds picked up, with cautious sentiment before key central bank meetings offsetting gains after US economic data on labor and inflation reinforced views of a hawkish US Federal Reserve. zurl.co/Eq82T

Fintel Plc ($FNTL.L) - The Sleeping SaaS & Data Powerhouse in UK Fintech 1️⃣ Company Introduction Company: Fintel operates at the very heart of the UK retail financial services sector, providing essential reg-tech, software, and proprietary data to thousands of intermediaries and financial institutions. Shareholders: The register is anchored by strong institutional backing, notably Octopus Investments (~13.7%) and Gresham House (~11.2%), alongside solid insider ownership that closely aligns management with shareholders. From Past to Future: Fintel has decisively transitioned from a traditional compliance support business into a scalable, technology-led SaaS platform. FY25 was a massive transformation year, successfully consolidating three divisions into two streamlined, highly focused units: Software & Data, and Services. Technology: Technology is their structural moat. They are accelerating the rollout of the "Omnicore" distribution platform, expanding the Matrix360 market intelligence tool, and proactively developing "Agentic AI" prototypes for file checking and compliance workflows to create a highly differentiated reg-tech proposition. 2️⃣ Product Presentation & Current Developments Fintel’s product suite is sticky and deeply embedded. The core Defaqto software and rating system is the industry standard. Recent developments are massive: They launched Omnicore in late 2025, rapidly accelerating product adoption across their adviser network. Matrix360 is scaling fast, onboarding 23 institutional customers in its very first year. They increased their strategic stake in Plannr Technologies (a specialist financial CRM) to 49% and completed the acquisition of Rayner Spencer Mills Research (RSMR) to completely dominate fund research and ratings. They just closed the acquisition of the Pearson Ham Group’s market pricing data business in January 2026 to supercharge their data advantage and predictive intelligence. 3️⃣ Valuation Snapshot The market is completely mispricing this recurring-revenue machine based on real-time data. Market Cap: ~£188.6M Net Debt: £29.3M Enterprise Value (EV): ~£217.9M FY25 Adj. EBITDA: £25.9M Valuation: Trading at a ridiculously cheap ~8.4x EV/EBITDA for a highly scalable business with 57% SaaS/Subscription recurring revenues. 4️⃣ Earnings Snapshot (FY25) The numbers prove the execution: Statutory Revenue: £85.9M ( 10% YoY) SaaS & Subscription Rev: £48.7M ( 9.6% YoY) Adj. EBITDA: £25.9M ( 16.6% YoY) EBITDA Margin: Expanding significantly to 30.1% (up from 28.3%) as acquired businesses integrate Cash Conversion: A staggering 102% underlying operating cash conversion! 5️⃣ Peer Group Comparison While legacy service businesses trade at 6x-8x EBITDA, established UK data, tech, and intelligence peers routinely command 15x-20x EV/EBITDA multiples. Fintel is currently trapped in a legacy valuation multiple (~8.4x) despite its successful transformation into a high-margin Software & Data business. As the market digests the structural change and the 30.1% EBITDA margins, a major multiple re-rating is a mathematical inevitability. 6️⃣ Forecast 2030 & Valuation (EV/EBITDA) Looking ahead to 2030, Fintel's flywheel of cross-selling into its unified platform will generate massive operational leverage. Assuming a conservative 8-10% CAGR in organic and inorganic revenue, Fintel scales toward ~£130M-£140M in top-line by 2030.With operational leverage pushing EBITDA margins toward 35%, we forecast a 2030 EBITDA of roughly £48M - £50M. Applying a conservative SaaS/Data multiple of 12x EV/EBITDA yields a projected 2030 Enterprise Value of ~£600M.This implies a potential share price of >£5.50, offering multi-bagger upside from current levels. 7️⃣ Acquisition Potential Fintel is a strategic compounder. They have completed 9 acquisitions since 2023 and integrated them flawlessly into a single operating platform. The balance sheet is a fortress: £17.3M in cash and £72.5M in available headroom on their newly expanded £120M corporate Revolving Credit Facility. Expect them to continue deploying capital aggressively into adjacent markets, high-quality strategic data assets, and high-margin software. 8️⃣ Opportunities / Risks Opportunities: Structural regulatory tailwinds in the UK (like Consumer Duty) force intermediaries to rely heavily on Fintel's compliance tech. Their 102% cash conversion provides endless dry powder for accretive M&A without dilution. Risks: Ongoing consolidation of IFA firms presents a slight headwind for core membership counts, though Fintel is successfully offsetting this by expanding compliance and software fees from the larger consolidated firms. Macro-economic volatility and execution risk on tech integrations remain standard industry risks. 9️⃣ Conclusion Fintel ($FNTL.L) is currently one of the most asymmetric risk/reward setups in the UK market. The heavy lifting of their multi-year M&A programmatic transformation is complete. You are buying a highly cash-generative, margin-expanding Fintech/RegTech platform at a deep value multiple. The sleeping giant is awake. Disclaimer: Not a financial advice. Always do your own DD. #Fintel #FNTL #Fintech #RegTech #SaaS #UKFinance #StockMarket #ValueInvesting #DataAnalytics #Investing #SmallCap #FinTechGrowth

If they don't line up with your terminals, I published the step file so you can just adjust the depth of the hole to fix it. Should be a simple matter of measuring the error and offsetting one face.