Connect with us

Features

New Israeli company launches on Canadian Stock Exchange in 2019 and hopes to attract more Canadian investors

Ohad Haeber (left), CEO of Water Ways; and Ronnie Jaegermann, a director of Water Ways with extensive experience in investment banking

By BERNIE BELLAN
In January of this year I was contacted by an old friend who has specialized in bringing small companies to market. I was asked whether I was aware how many small Israeli companies have been launching Initial Public Offerings on various Canadian stock exchanges, especially the Venture Exchange of the Toronto Stock Exchange (TSX-V) in recent years?
I responded that I had heard from time to time of Israeli companies coming to Canada seeking investors and that I was always interested in learning more.

 

 

I was then told that one such company, known as Water Ways, would be sending representatives to meet with potential investors at a Winnipeg law office (Pullan Frohlinger Kammerloch) on January 28.
Subsequently, I was asked whether I’d be interested in interviewing two of the principals of Water Ways: Ronnie Jaegermann, who is a director of the company and who has an extensive background as an investment banker; and Ohad Haber, who is the CEO and founder of Water Ways.
(In case you’re wondering why I’ve listed Jaegermann ahead of Haber, it’s because that Haber admitted at the outset of an interview I conducted with the two of them on February 17 over the phone that his English is not nearly as good as Jaegermann’s; thus, he deferred to Jaegermann during most of the interview.)

a Water Ways drip irrigation project in Ethiopia

As background material that I read prior to writing this article, a piece written by my friend Paul Lungen for the Canadian Jewish News in January 2019 proved to be quite useful. Paul’s article appeared shortly before Water Ways launched its IPO on the TSX-V.
Paul wrote: “A short drive southeast of Haifa, not far from Kiryat Tivon, one will find Kibbutz Ramat-David, where the high-tech irrigation company Irri-Al-Tal has its headquarters.
“There, in Israel’s Jezreel Valley, Irri-Al-Tal develops sophisticated irrigation water systems. Pipes, pumps, driplines and command-and-control systems that operate in the cloud and improve the efficient use of water are all part of Irri-Al-Tal’s product line, which can be found watering crops as far afield as China, Ecuador, Peru and Ethiopia…
Paul’s article noted that Irri-Al-Tal was going to be listed on the TSX-V as “Water Ways” (WWT is how you can find it on the exchange.)
Pauls’s article continued: “Worldwide, irrigation is a $17 billion business, of which Israel’s share is $2 billion and Irri-Al-Tal’s piece of that is less than one per cent.
“In 2017, Irri-Al-Tal reported revenue of nearly $14 million and net income of $967,571. Two year before that, revenue was $8.5 million and net income was $64,216.”

Another interesting element of Pauls’ article – and something that was explored in some detail during the course of my interview with Jaegermann and Haber, was Water Ways’ keen interest in tapping into Canada’s booming cannabis market.
Paul wrote: ‘ “Canada is the biggest public market for cannabis companies in the world,” Jaegermann said, noting that the Canadian company Cronos already has a cannabis venture in Israel and that Irri-Al-Tal “is the primary contractor for their irrigation system.”
‘ “Israel is known for its precision irrigation technology,” Jaegermann continued. Drip irrigation was developed in Israel, where water conservation is a priority. With drip irrigation, 95 per cent of the water is absorbed by the plants and only five per cent is run off.’
When I talked with Haber and Jaegermann, I learned that Irri-Al-Tal was started by Haber in 2004. From information available on the Water Ways website I learned that Haber has an extensive background in the irrigation business, both on the sales and operational sides of the business.
The website also notes that, at Water Ways, “We design, supply, install & maintain irrigation systems for application in various agricultural and aquaculture operations. Our goal is to allow our clients to focus on efficiently growing their crops, their project & their business, by offering our experienced and professional logistic services.
The website continues: “Our mission is to make Israeli agriculture technology accessible to a much wider market around the globe. We focus on purchasing, assembling and exporting technologically advanced irrigation products & systems, manufactured by the leading Israeli companies and distribute them to our global clients.” (During the interview Jaegermann listed China, Mexico, Ethiopia, Georgia, Laos, and Peru as countries where Water Ways has either sold irrigation components or complete irrigation systems.)

Finally, the website notes that ,”With the growth of precise irrigation technologies in the global market, Water Ways Technologies has started to investigate the development of its own solution. The main objective of our research & development efforts is to bring to market a technological solution what will enable agricultural operators to make more intelligent, data-driven decisions, as well as automating time-consuming and labor-intensive processes.”
When I spoke with Jaegermann and Haber over the phone, Jaegermann elaborated on the various components in Water Ways’ business: “Water Ways is engaged in different components. The first is selling Israeli water irrigation technology worldwide – like drip irrigation parts, valves, filters – all manufactured in Israel.
“The other part of the business is designing complete irrigation projects. It’s about a $13 million business. We went public in March 2019, raising about $3.5 million.”
I noted that other smaller Israeli companies looking for new sources of investment have found Canada to be an attractive place to raise capital. I asked Jaegermann why that is?

“Unless your company is at least $100 million in size you can’t go public in Israel on the Tel Aviv Stock Exchange,” Jaegermann explained He added that the NASDAQ (which also has many high-tech companies trading on it) presents the same problem for companies which wish to go public and want to expand beyond the initial small cap phase.
As a result, many Israeli companies have gone either to Australia or Canada to raise capital, Jaegermann noted. Both countries have venture stock exchanges which specialize in bringing small cap companies to market.
Another interesting aspect of trading on a Canadian stock exchange for Water Ways is that Canada is now the world’s most advanced market for cannabis related companies and Water Ways is actively involved in selling irrigation equipment to companies in that particular field.
“After the IPO we acquired the assets of a Canadian irrigation distributor (now known as HG Water Ways).” Jaegermann noted that Water Ways has been pinpointing the cannabis market as one that can profit from drip irrigation technology to a very large extent – and that by grabbing a foothold in the cannabis business now, Water Ways is set to grow as new markets for legally grown cannabis open up.

I asked Jaegermann about the meeting which was recently held in the Winnipeg law office to which I referred at the beginning of this article – during which representatives of Water Ways met with potential investors.
Jaegermann said tthat he thought “the meeting went very well. We had about 12 or 14 people in the room and they were very receptive to our story. At the end of the day we provide farmers with the most sophisticated form of water irrigation in the world. It’s the greenest way to grow crops – all developed in Israel.”
I asked though whether the drip irrigation market isn’t already fairly crowded with other companies?
Ohad Haber responded with a short, but to the point answer: “Not so much in Canada”.
Jaegermann added that the drip irrigation market worldwide is worth approximately $2-2.5 billion, Israeli companies occupy about 80% of the market and, he said. Jaegermann added that while, “of all the companies involved, we’re the smallest company right now – our target is to be a $100 million company in a few years.”
Haber also emphasized the potential that the North American market presents as a huge opportunity for drip irrigation companies, since until quite recently it was only other areas of the world, such as South Africa, Asia, and South America where Israeli companies saw potential for developing new customers. By being one of the first Israeli companies to see the tremendous opportunities presented by tapping into the North American market, Water Ways anticipates very large growth in the coming years.
If you would like to find out more about Water Ways, go to their website: water-ways-technologies.com

 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Features

Hamas Official Says Terror Group ‘Would Do Oct. 7 Attack Again’ if Possible to Go Back in Time

An aerial view shows the bodies of victims of an attack following a mass infiltration by Hamas gunmen from the Gaza Strip lying on the ground in Kibbutz Kfar Aza, in southern Israel, Oct. 10, 2023. Photo: REUTERS/Ilan Rosenberg

Hamas would carry out its brutal Oct. 7 invasion of and massacre across southern Israel again if it could travel back in time, according to the Palestinian terrorist group’s representative in Lebanon.

“We would do it again!” Ahmad Abd Al-Hadi said with a smile in an interview last week with Lebanon’s Annahar newspaper when asked whether Hamas would repeat its onslaught. “If we could go back in time, we would do it again, because the justifications still exist.”

The interview was flagged by the Middle East Media Research Institute, which translated and posted Al-Hadi’s comments.

“Why am I saying that we would do it again? Because what made us do it is very important and strategic,” the Hamas official explained. “It is not something that we could remain silent about … The Palestinian cause was about to be eliminated, by means of normalizing of relations at the expense of the Palestinian rights.”

Al-Hadi appeared to be referring to the idea of Israel and Saudi Arabia normalizing relations.

Before Oct. 7, the prospect of reaching a historic peace deal between the two longtime foes appeared possible. Saudi Crown Prince Mohammed Bin Salman said in an interview in September, weeks before the onslaught and ensuing war in Hamas-ruled Gaza, that “every day we get closer” to a normalization deal between Israel and Saudi Arabia. As part of the process, Bin Salman hoped to “ease the life of the Palestinians” and seemed willing to shelve the issue of Palestinian statehood in favor of an agreement with the US on the use of nuclear material and a weapons deal.

While such conversations have reportedly resumed in recent weeks, Saudi officials have said a normalization deal must now include an “irreversible path” to Palestinian statehood, fearing backlash. According to reports, Bin Salman, the de facto leader of Saudi Arabia, fears being branded a “traitor” to the Palestinian cause amid Israel’s military campaign in Gaza, potentially undermining the kingdom’s legitimacy as the leader of the Islamic world.

Many analysts have argued that Iran, which backs Hamas and is its chief international sponsor, intentionally torpedoed the Israel-Saudi normalization process with the Oct. 7 attack on the Jewish state. Leaders of both Iran and Hamas have repeatedly said they seek Israel’s destruction.

Beyond preventing normalization, Al-Hadi also accused Israel of planning a “preemptive” military strike in Gaza without providing evidence.

“They saw the resistance in Gaza, and … they planned to launch a preemptive strike against it, so that it would not interfere with these plans of theirs, and in particular the plan that is connected to Gaza: the Ben Gurion Canal project,” he said.

The Ben Gurion Canal project is an ambitious proposal conceived by some Israelis in the 1960s to construct a canal connecting the Red Sea to the Mediterranean Sea, thereby giving Israel more control over key shipping lanes. There is no evidence that the Israeli government intends to build the canal, especially through Gaza. However, critics of Israel, especially in Arab media, have hurled the accusation at the Jewish state to undermine the Israeli military campaign against Hamas, portraying it as a decision for economic gain rather than security reasons following Oct. 7.

Al-Hadi is not the first member of Hamas to publicly call for more Oct. 7-style attacks on Israel.

Less than three weeks after the atrocities, a Hamas official promised that the Palestinian terrorist group will repeat its massacre of Israelis “again and again” to bring about the Jewish state’s “annihilation.”

Ghazi Hamad, a member of Hamas’ political bureau and a spokesman for the Iran-backed terror organization, told Lebanon’s LBC TV in an Arabic language interview on Oct. 24 that Israel “must be finished.”

“We must teach Israel a lesson, and we will do this again and again,” Hamad said. “[The Oct. 7 massacre] is just the first time and there will be a second, a third, a fourth … the occupation must come to an end.”

Asked if by ending “the occupation” he meant the “annihilation” of Israel, Hamad replied, “Yes, of course.”

On Oct. 7, Hamas-led Palestinian terrorists murdered 1,200 people and kidnapped over 250 others as hostages during their surprise invasion of the Jewish state. It was the biggest single-day massacre of Jews since the Holocaust. Mounting evidence has revealed that the terrorists perpetrated systematic sexual violence against the Israeli people, including mass rape and torture.

The post Hamas Official Says Terror Group ‘Would Do Oct. 7 Attack Again’ if Possible to Go Back in Time first appeared on Algemeiner.com.

Continue Reading

Features

The Role of Certified Translators in Literary Translation

Literary translation is a nuanced art that bridges cultural divides and brings diverse voices to a global audience. At the heart of this intricate process are certified translators, professionals whose expertise and precision ensure that the essence and beauty of literary works are faithfully conveyed across languages. As a diverse and multicultural city, Vancouver’s need for these experts is unending – and that’s why understanding their critical role in the literary world highlights their importance in preserving the integrity and impact of literature.

What is a Literary Translator?

A literary translator is a professional who specializes in translating written works, such as novels, poems, plays, and essays, from one language into another. They not only convert the words and phrases but also capture the nuances, tone, and cultural context of the original text. This requires a deep understanding of both the source and target languages, as well as an appreciation for the literary and cultural nuances involved.

Literary translators aim to preserve the author’s voice and intent, making the work resonate with readers in a different linguistic and cultural setting, while maintaining the artistic integrity of the original piece. A perfect example of this is Languages in Motion in Vancouver, who focus on making sure that everyone, no matter which language they speak, is able to have their material accessible, and vice versa.

Preserving the Author’s Voice

One of the foremost challenges here is maintaining the author’s unique voice and style. Every author has a distinct way of expressing ideas, emotions, and narratives. Certified translators possess the skills necessary to capture these subtleties, ensuring that the text resonates with the same tone and rhythm as the original. This requires not only a deep understanding of both the source and target languages but also a keen sensitivity to literary nuances.

These professionals are trained to recognize and reproduce literary devices such as metaphors, similes, idiomatic expressions, and cultural references. Their expertise ensures that the work retains the original’s artistic qualities, offering readers an authentic experience that is true to the author’s intent.

Cultural Sensitivity and Context

Literary works are deeply rooted in their cultural contexts, reflecting the traditions, beliefs, and societal norms of their time and place. Certified translators play a crucial role in bridging cultural gaps, making literature accessible to a broader audience while preserving its cultural essence. They are adept at navigating cultural nuances and ensuring that the text is culturally appropriate and relatable to the target audience.

This cultural sensitivity involves more than just language proficiency; it requires an intimate knowledge of both the source and target cultures. These experts are equipped to handle cultural references and idiomatic expressions that may not have direct equivalents in the target language. By doing so, they preserve the cultural richness of the original work, providing readers with a deeper understanding of different cultures.

Accuracy and Faithfulness

Accuracy is paramount in literary assets. Certified translators are trained to provide precise and faithful documentations, ensuring that the meaning of the original text is accurately conveyed. This is particularly important in literature, where even slight deviations can alter the intended message or emotional impact.

Such professionals also adhere to high standards of quality and accuracy, often undergoing rigorous certification processes that test their proficiency and skills. Their commitment to excellence ensures that the work maintains the integrity of the original, offering readers a true representation of the author’s vision.

Ethical Considerations

Literary experts often face ethical dilemmas, such as how to handle sensitive content or culturally specific elements that may not resonate with the target audience. Certified translators are guided by a code of ethics that emphasizes the importance of fidelity to the original text, transparency, and respect for both the author and the readers.

These ethical standards ensure that translators make informed decisions about how to handle challenging aspects of the text, balancing the need for accuracy with cultural sensitivity. By adhering to these principles, these professionals uphold the integrity of literary works and foster trust with both authors and readers.

Contribution to Literary Diversity

Certified translators play a vital role in promoting literary diversity, enabling works from different cultures and languages to reach a global audience. As a result of working on literary pieces, they open up new worlds for readers, fostering cross-cultural understanding and appreciation. This contribution to literary diversity enriches the global literary landscape, providing a platform for voices that might otherwise remain unheard.

Find a Literary Translator in Vancouver

The role of certified translators in Vancouver – especially those who specialize in literary materials is indispensable. Their expertise ensures that literary works are accurately and authentically conveyed across languages, preserving the author’s voice, cultural context, and artistic integrity. Through their dedication and skill, these experts make significant contributions to the promotion of literary diversity and cross-cultural understanding.

Continue Reading

Features

How Live Casino Dealers Enhance Your Gaming Experience

In the booming online gaming world, live casino dealers stand out as the bridge between the virtual and the real. They bring the physical casino’s authenticity and excitement to your screen, creating a more immersive and engaging experience. But how exactly do live casino dealers enhance your gaming experience?

From fostering a social atmosphere to increasing trust in online games, these professionals make gaming sessions more enjoyable and genuine.

Real-time Interaction

Real-time interaction revolutionizes the online gaming industry, particularly in live casinos. By leveraging advanced streaming technology, live casino dealers can engage with players just as they would in a traditional casino environment.

This dynamic interaction enhances the gaming experience by fostering a sense of presence and camaraderie. Through chat features and live video feeds, players can communicate with the dealer and even with other participants, creating an immersive and social atmosphere.

The role of the live dealer is crucial, as their real-time responses and professional demeanour elevate the authenticity and enjoyment of the game. This interactive experience makes the games more exciting. It instills greater trust and transparency, replicating the feel of a brick-and-mortar casino from the comfort of home.

Enhanced Trust and Transparency

Trust is essential in online casinos as it dramatically impacts players’ peace of mind. Gamblers look for confidence that their selected platform is dependable, safe, and runs transparently and fairly.

Online casinos build trust and transparency by acquiring proper licensing, offering secure transactions, ensuring fair play, and providing high-quality customer service. Moreover, other online casinos introduce live casino games with live dealers to enhance trust and transparency.

In addition to real-time interactions, live dealers can interact with the players like in brick-and-mortar casinos. Players can ask questions, make comments, and receive immediate responses, fostering a sense of community and reliability.

This interaction mimics the social aspects of land-based casinos, where players can gauge the dealer’s demeanour and professionalism, thus bolstering their confidence in the game’s integrity.

Additionally, live dealer games are often overseen by regulatory bodies and broadcast from high-quality, secured studios, adding another level of accountability. Multiple camera angles and advanced streaming technology ensure every action is visible and transparent, diminishing potential fraud concerns.

Professional and Entertaining Conduct

Professional conduct is the backbone of any successful live casino. Dealers who are well-trained in the game’s rules, adept at handling cards or other gaming equipment, and capable of managing the game flow efficiently create a seamless gaming experience.

They also uphold the principles of fairness and transparency, providing players with peace of mind that the game is being conducted properly.

Beyond professionalism, a dealer’s entertainment ability sets a live casino apart from its online counterparts. Engaging dealers who interact with players, share witty banter, and maintain a lively atmosphere can transform a simple game into a memorable event.

Their charisma and energy help to foster a social environment, encouraging interaction between players and setting the stage for a more immersive experience.

The best live casino dealers master the delicate balance between professionalism and entertainment. They effortlessly shift from explaining complex game rules to keeping the mood light and engaging. This balance ensures players feel respected and entertained, enhancing their satisfaction and encouraging repeat visits.

Varied Game Options

The success of online casinos heavily depends on the calibre and diversity of their game offerings. In the fiercely competitive online gambling industry, casinos must provide a wide range of top-notch games to draw in and keep their players engaged.

One essential reason online casinos need a diverse game selection is to keep players interested and entertained. Another advantage of offering a wide range of games is that it meets players’ diverse preferences. Gamblers have unique tastes, motivations, and gaming styles.

That said, live casino dealers are trained to handle multiple game types, ensuring players enjoy various gaming options.

Their professionalism and capability allow seamless transitions between games, keeping the gaming environment dynamic and engaging. This variety caters to seasoned gamblers seeking depth and strategy and welcomes newcomers eager to explore and learn.

Moreover, live dealers often introduce unique game variants and themed events that you might not find in a traditional online casino. These unique offerings can include everything from high-stakes poker tournaments to themed game nights featuring popular TV shows or movie franchises, enhancing the gaming experience.

Personalized Gaming Experience

Another key benefit of having live casino dealers is the personalized gaming experience they provide. Dealers are trained to cater to each player’s unique preferences and behaviours, making adjustments and offering insights that make each session feel exclusive.

Their friendly demeanour and professional approach ensure that the games run smoothly and that players feel valued and entertained.

Moreover, the live casino setup often includes multiple camera angles and high-definition streaming, ensuring players don’t miss a moment of the action. This level of engagement and transparency boosts player confidence and trust in the game’s fairness, further enriching the overall experience.

Conclusion

Live casino dealers significantly enhance the online gaming experience by bringing authenticity, interaction, trust, and entertainment. With varied game options and the ability for personalization, players can enjoy a casino experience that closely mirrors the excitement of playing in a physical casino.

Continue Reading

Copyright © 2017 - 2023 Jewish Post & News