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B.A.P.S (an acronym for Black American Princesses)[3] is a 1997 American female buddy comedy film directed by Robert Townsend and starring Halle Berry, Natalie Desselle, and Martin Landau. The film was written by Troy Byer and was her first screenplay. The film received largely negative reviews from critics, although it has since been considered a cult classic, especially for Black Hollywood.[4] In total it earned $7.3 million at the box office worldwide.



Denise "Nisi" (Halle Berry) and Tamika "Mickey" (Natalie Desselle) work at a soul food diner in Decatur, Georgia. Their plan is to one day open the world's first combination hair salon and soul food restaurant if they ever get enough money. Their boyfriends, Ali (Pierre Edwards) and James (A.J. Johnson), hope to one day own a luxury cab company.

Nisi and Mickey hear about a contest for a video girl where the winner gets $10,000 and spend all their savings to fly to Los Angeles for Nisi to compete. On the plane ride there, Nisi reads a book on etiquette and she and Mickey discuss their new hairstyles, which are so tall they block the movie projector.

Although Nisi does not land the dancing girl role, a man named Antonio spots them at the auditions and offers them the same amount of money to be in a different music video and invites them to a Beverly Hills mansion. Once they arrive, they learn about the real reason they were brought there, which was for Nisi to pretend to be the granddaughter of a woman the owner of the house, an aging Mr. Blakemore (Martin Landau), once loved when he was younger named Lily. They agree to the plan, but eventually grow fond of Mr. Blakemore and take care of him and refuse to take his money.

Feeling guilty for deceiving Mr. Blakemore, they plan to return to Decatur and leave a confession letter for him to read after they are gone. However, before they can depart, Mr. Blakemore is rushed to the hospital. Nisi tries to confess to him at his bedside but he silences her before she can finish and passes away soon afterwards. Mr. Blakemore's lawyer, Tracy Shaw (Troy Byer), informs them that he knew all along that Nisi was not Lily's granddaughter because Lily never had any children.

Back at the mansion, Nisi, Mickey, and their boyfriends are preparing to return to Decatur. Mr. Blakemore's lawyer arrives and read's his last will and testament, in which he calls the girls his "B.A.P.S", short for Black American Princesses, and gives them some portion of his wealth. The film ends with Nisi and Mickey opening their combination hair salon and restaurant, which they name "Lily'z".

Writer Beyer was disappointed by the final cut of the film, and believed that her "words had not honestly made it onto the screen". She explained that this was the first time Robert Townsend had directed a film that he had not written. She used her earnings from this film to direct her first film.[6]

Roger Ebert gave the film a rare no-stars rating, calling it "jaw-droppingly bad and stupid".[9] Ebert included the film on his "most hated" list.[10]Janet Maslin praised Halle Berry for her comedic performance and described the film as a "watered-down Pretty Woman". Maslin concluded "It's good for a half-hour of humor before the fun starts to dissolve."[11] Esther Iverem of The Washington Post wrote "Despite its idiotic promotional trailers, 'BAPS' is a very funny movie."[12] Lisa Alspector of the Chicago Reader called it "absurdly broad comedy infused with classic emotions and set in sumptuously detailed environments".[5]

In 2018, Anne Cohen of the website Refinery29 called the film a "Black cult classic" and said the film deserved better than its (at the time) 13% rating on Rotten Tomatoes. Cohen said "The fact that the film has had such a lasting impact,... proves that the film spoke to its audience."[4]

B.A.P.S. is in development to be produced as a live stage play in 2023 from film producer and playwright Je'Caryous Johnson, who also adapted to the stage other urban movies such as Two Can Play That Game (2017), Set It Off (2018) and New Jack City (2022). The play was originally slated to open in May 2020, however the COVID-19 pandemic forced the production to close.

  • Introduction by Jordan Sowunmi and James Rathbone, co-founders of Boosie Fade.\r\n\r\n35mm Print!", "image": "\/\/\/22n7d68fswlw\/5DQT9BzH0awK6e3fIaZFzO\/6c783be9adb50cfc20e4fff087265439\/B.A.P.S_02.jpg", "director": [ "@type": "Person", "name": "Robert Townsend" ], "performer": [], "location": [ "name": "TIFF Bell Lightbox", "address": "addressLocality": "Toronto", "addressRegion": "ON" ], "startDate": "2022-12-01T18:30", "endDate": "2022-12-01T20:12", "organizer": "@type": "Organization", "name": "TIFF", "url": "https:\/\/\/" } TIFF Homepage Transform the way people see the world through film. TIFF Twitter link TIFF Facebook link TIFF Instagram link TIFF Youtube link Subscribe to TIFF Organization Film Circuit

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When valuing a company, one of the most commonly used approaches is Valuation Multiples. But within this approach there are different ratios that can be used, so the question is: which of them is the best? In this post we will compare three of the best known ratios: P/E (Price-to-Earnings), P/B (Price-to-Book) and P/S (Price-to-Sales).

Valuation multiples are used to approximate the value of a company, looking at how similar companies (same line of business or industry) are valued by the market. A valuation multiple is comprised of two components:

They are based on dividing the market capitalization (price of the company) between different financial metrics. So the higher the ratio, the more expensive is the stock and vice-versa. The four best known ratios are:

In this section we are going to see the historical multiples for the S&P 500 index since 1995, adjusting for survivorship bias: only aggregating, for each date, the ratios of the S&P 500 components in that date.

As we can see in the next chart, using only the LTM earnings does not seem to be a good idea for calculating the Price-to-Earnings ratio, as in crisis periods earnings falls to practically zero, making the ratio to soar despite falling stock prices (cheaper stocks).

As expected all ratios have a negative correlation, which confirms that when a ratio takes high values it indicates that the market is expensive/overvalued and is more likely to have low returns, and when it takes low values it is more likely that the market rises.

You are probably wondering what would happen if we try to predict the return of the S&P 500 in less than a year, will the CAPE ratio still be the best one? What if we use a higher window, will all ratios still be negatively correlated?

In this post we have focused the analysis on calculating the aggregated fundamental ratios of an index, the S&P 500, but what would happen if we carry out the analysis at company level? And on a sector level? Are all the sectors of the S&P 500 overvalued? If you are interested in knowing the answers to these questions, stay tuned!

Overvalued growth stocks frequently show a combination of low ROE and high P/B ratios. Properly valued stocks have ROE and P/B ratios that grow somewhat similarly because stocks that generate higher returns tend to attract investors and increase demand, thus increasing the stock's market price.

The price-to-book ratio is important because it can help investors understand whether a company's market price seems reasonable compared to its balance sheet. For example, if a company shows a high price-to-book ratio, investors might check to see whether that valuation is justified given other measures, such as its historical return on assets or growth in earnings per share (EPS).

Probability is the measure of the likelihood of an event occurring. It is quantified as a number between 0 and 1, with 1 signifying certainty, and 0 signifying that the event cannot occur. It follows that the higher the probability of an event, the more certain it is that the event will occur. In its most general case, probability can be defined numerically as the number of desired outcomes divided by the total number of outcomes. This is further affected by whether the events being studied are independent, mutually exclusive, or conditional, among other things. The calculator provided computes the probability that an event A or B does not occur, the probability A and/or B occur when they are not mutually exclusive, the probability that both event A and B occur, and the probability that either event A or event B occurs, but not both.

Given a probability A, denoted by P(A), it is simple to calculate the complement, or the probability that the event described by P(A) does not occur, P(A'). If, for example, P(A) = 0.65 represents the probability that Bob does not do his homework, his teacher Sally can predict the probability that Bob does his homework as follows:

Given this scenario, there is, therefore, a 35% chance that Bob does his homework. Any P(B') would be calculated in the same manner, and it is worth noting that in the calculator above, can be independent; i.e. if P(A) = 0.65, P(B) does not necessarily have to equal 0.35, and can equal 0.30 or some other number. 041b061a72


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