Hi, my name is Leon Rowe, currency trader and trading coach at Trading180.com and welcome to this week's supply and demand Forex and Gold Fundamental and Technical Analysis. If you are new, welcome to you and if you are returning an equally warm welcome to you and please don't forget to like, subscribe and share this video and many of my other videos on the Trading180 channel with your fellow trading colleagues and at Trading180 we use a combination of fundamental risk sentiment and technical analysis, supply and demand strategies to make really the best trading decisions. And so let's get into the week ahead and starting off on TradingEconomics.com and the calendar. I see it's not really the calendar, it's really the week ahead section on Trading Economics. So after a turbulent half of the year, investors will look to continue for signs of a potential recession as interest rates around the globe increase so the US Jobs Report and FOMC Minutes will take centre stage next week but comments from ECB President Lagarde and the RBA Interest Rate Decision and China Services, PMI and inflation will also be keenly watched. So definitely those are the main highlights for the week and of course if you go to TradingEconomics.com and look at the week ahead tab you can just read the rest for yourself which gets into the need. So let's get into some of the charts and some fundamental analysis, some more fundamentals and starting off on the dollar index and the dollar index, just a measure of dollar strength against major currencies like the euro, the pound and the yen and what we've seen really with the dollar index and I don't necessarily trade the dollar index but I keep an eye on it and understanding over what's like I said dollar strength is a lot of traders think that the price of the dollar should come down and I do think that at some point we will start to look to probably enter into what is known as a range but should be known as an auction where prices are trading kind of sideways between an agreed value between what is really expensive and what is potentially a bargain and I do think that it's likely to stay between the 101s and the 105s or the lower end of the 106 is just below that. Of course can't be 100% not necessarily 100% this is what is going to happen but there are reasons for the dollar looking to potentially trail off and one of them is recession talk. Now this is the IMF is saying that the US will narrowly avoid a recession in 2022 and 2023 so the US economy's path to skirt recession is narrowing MD says and Fed's plan to get rates to 3.5 to 4% is correct policy so getting into the first couple of paragraphs the US economy is likely to slow in 2022 and 2023 but will narrowly avoid recession as the federal reserve implements its rate tightening plan to curb inflation the international monetary fund said and the policy priority now must be to expeditiously slow wage and price growth without precipitating a recession the IMF said in a statement on Friday this would be a tricky task as global supply constraints and domestic labor shortages are likely to persist and the war in Ukraine creates additional uncertainty so there are you know some some risks involved in this and my opinion is that pretty much all major economies you know what we talk about you know the G10 and the G10 are probably going to enter into some sort of I think close recession or into a recession but I think the US potentially is best placed but as we get closer to the end of the year I think and into next year I think the dollar you know may start to tail off as far as strength wise if we look at you know from a technical analysis perspective of course technicals lag fundamentals and you know we've seen the dollar strengthen this has really been due to monetary policy and the dollar being the best of a bad bunch right um so I do think that uh the dollar is still a buy to be fair in in the short term so any pullbacks to any kind of demand zones I think are still biased where my bias is um I don't think it's necessarily gonna you know reverse and start to you know crash like a lot of people think it is um but of course I could be wrong have to wait for you know the data to kind of prove that but for me I still think that a pullback into um any kind of demand zones but I think that upside is limited not saying it's limited to the 105s but um I think that's probably where we are now unless there is some really kind of outstanding news um and economic data for the uh for the US economy but for now I think we're probably seeing you know upside potential or um coming in to play right now but any pullbacks I think any dollar pullbacks are I think are still buying opportunities until proven otherwise uh moving on to the dollar yen and the dollar yen you know is pulling back to a demand zone which is technically right here now um you've obviously seen this these two blue moving averages and that's the monthly moving fair value is known as moving averages um 21 period because there's 21 days um uh in a month I mean a trading month anyway and um one of the things that I look for is its value right and uh we need to know how to measure fair value as well um because you don't really want to buy expensive areas you want to buy the minimum you want to buy is a fair value right so understanding what an average is an average is a mean a mean um between um you know a high and a low point high being expensive and a low being potential bargain right is also can be considered there's supposed to be a b fair value right that's fair value so um fair value can be measured in many different ways but taking the price over the last uh you know month um we're still above the fair value area so for me personally I you know I personally don't like to trade um above areas of fair value which may may be expensive and so I have a bit of a rule which says anything above uh fair value I'm not trading because again if you're looking at where we come from here to all the up at the highest um uh that being that absolute bargain and that being an expensive area because probably because there's no more demand at the moment above that zone um I want to wait for pullbacks a decent pullback so at least a fair value into the lower end of this so in the 134s before looking for a trade and of course um you know looking at uh you know the the intraday going down into the you know potential one hour 30 minute and that would you know line up nicely with that zone here personally though I do like the 132s, 133s, 131 50s would be an even better buyer so anything beyond that monthly fair value would be considered a potential uh bargain price um so again my bias is to the upside the yen um that is um a a currency that generally does typically strengthen in a risk-off environment but the market at the moment I think is being more driven or has been more driven lately towards um you know a monetary policy rather than divergences in monetary policy rather than risk sentiment although there are again risk issues global recession potential but I still think that the dollar does um well again in a risk-off environment so I think personally the earliest place to kind of look for any kind of trades would be at the 134 to 6 but I would prefer anything below the uh um uh this demand zone especially if it comes down to the 13149 area if it comes anywhere around there I think that's going to be a decent uh buying opportunity but if you want to also get short there is a supply zone not the strongest supply zone at the moment but there is something sitting right on top of that demand zone um so if you do if you are waiting for some sort of pullback into that zone before getting short there's a there's a say it's okay it's all right for us for a sell but you'd have to really understand why you're looking to buy the Japanese yen the only reason why I would be buying the Japanese yen is if the uh the bank of Japan um start to indicate that they are intervening in the market which um I'm not really going to explain in in this video I guess I might do it during the week or release a video as to why um uh you know the the central bank intervention as far as the bank of Japan intervening may want to cause the uh the yen to uh to strengthen or why they don't want it to weaken you know maybe anywhere above the the actual 140s right which we're slowly approaching uh moving on to the canadian dollar sorry the dollar swiss franc and the swiss franc has obviously been strengthening um recently because of the surprise rate hike um I do think I do think that there are um you know selling opportunities technically not really a pair I'm interested in but if you do want to be a buyer a buyer of the swiss franc against the dollar then I think the upper end of this area is going to be quite nice for a uh sell but uh if you do want to be a buyer prices did come down into this demand zone uh and bounce off uh uh during the week on what was that Wednesday so there was a decent buying opportunity but for me fundamentally I'm not really prepared to uh to look for buying opportunities on two I would say one strong currency and one recently um you know strong currency or turning strong anyway due to um monetary policy especially the uh surprise so the market is pricing in what the swiss franc should be valued at in next maybe three to six months and it could be a bit lower but let's see but not really a pair that I'm I'm interested in the dollar cad and dollar cad prices came down last week into this demand zone kind of spiked through and then you know there was an opportunity for a potential buy um again two currencies where central banks are looking to high crates um again not really a pair I'm looking for I tend to look for uh either divergences in policy right where currency is getting stronger and number one is getting weaker based on monetary policy divergence or some sort of convergence right um where a devalued currency is looking to revalue and whereas a currency that was appreciating uh is actually has to that's kind of devalued so um you know with that being said I think the uh dollar cad for me again not really something I'm interested in right now although I do think that um that may change if the risk on if risk going the environment does come into play I think the Canadian dollar will strengthen and I think the uh this will be a a sell trade so I'm not really a buyer of the um of the dollar US dollar against the Canadian dollar but if risk starts to come back on um then I will be a potential buyer of the Canadian dollar um and I'll decide whether it would or whether I want to be a against the uh um the US dollar because there are weaker pairs out there to be fair um but again decent trading areas I think I'll just pull that down to around here not the strongest area of demand to be fair but if prices do come back down um into this and then you get like some sort of intraday entry then that could be decent for a potential upside and all you do is you zoom down into you know a lower time frame and look for any kind of a buying opportunity around here New Zealand dollar US dollar on the daily um again we haven't quite broken through that demand zone um we can readjust this though I think probably something like that and then we've also got um supply zone here now again commodity currencies don't do well in a risk of environment the US dollar I was saying this last week the path for these resistances to the downside um for the for this currency pair because because commodity currencies tend to suffer um the US dollar obviously uh benefiting the risk of environment and you've seen what's you know happened um pullbacks I guess if you want to be a buyer with the New Zealand dollar they are hiking um they're in their hiking cycles so the downside should be probably limited but I don't really like this again I don't really like this pair too much again I'll probably say the bias for now in a risk of environment should really be to the to the short side so any uh short trades you know at the 163 probably the 164 164 0 64 um cent number I think is probably going to be the better area to look for any kind of short trades plus as well it's it would be above the monthly fair moving fair value um the pound dollar this is something that I am definitely interested in and again um saying that was waiting really for a bit of a pullback to come into the market but just didn't get one but doesn't matter anyway because there will be there's always pullbacks and if prices do pull back to this area the one two three fifties one two fours I think that is going to be a very nice area for a potential short trade um there's been a talk about the uh the medium to long term you know the 118s so if we can get it all looking weak in a bit you know what I mean and uh we can get a bit of a pullback into that you know one two two sixties to one two fours I think there's going to be um definitely an opportunity for um for a potential sell trade as I'm still um you know bearish on the pound um looking at the pound uh fundamental soaring inflation to hit Britain harder than any other major economy bank of england warns right so um the soaring inflation will hit Britain harder than any other major bank of england I'm sorry any or a major economy during the current energy crisis uh the governor of the bank of england has warned Andrew Bailey Bailey said the UK's economy would likely weaken earlier and be more intense than others as a result of the energy price shock that all european economies face the situation was further exacerbated by in in Britain by the structural legacy left by covid in the labour market as companies struggled with a lack of workers so if that doesn't tell you everything you need to know about you know going short on the pound not financial advice of course um and I don't know where you're going short but I've got my trade setups um you know beyond this uh just this uh this video um in the private members group which I share with those guys and setups that we that we use um from stop hunts to capture paying relief uh as well as obviously daily supply and demand again my bias is still to the short side so uh let's see what happens with the pound dollar any pullbacks for me are shorting opportunities um euro dollar similar bias actually let's say similar but the same bias um we have um you know for me getting uh short and I did get short uh this week it was a nice stop hunt a few people got involved right at the highest got a pinpoint entry um and took prior took profits anyway around the one oh four I think it must be maybe the one one oh four four yeah somewhere around here anyway um so it was a nice um uh maybe about 150 170 pit move um uh in in the group a lot of traders uh caught that as well and again we have the monthly uh moving fair value acting as resistance there um so we knew it was basically a at least fair value for where we wanted to get involved in this trade now um Europe right are in the spotlight this week and uh Europe's ECB's High Wire Act to deliver rate lift off enters final stretch so officials meet in full um last full week before pre-decision blackout and size of rate moves designed uh design of crisis tool may be in play so now officials have seen June's record inflation reading judged to be pivotal for their next monetary move they'll convene Wednesday for the final scheduled opportunity to prepare for two day for their two-day meeting starting July the 20th and with all major eurozone data out in the open and key gatherings including an annual retreat out of the way policymakers can focus on haggling over the size of rate hikes and the design of an anti-crisis measure yes so it's basically an anti-fragmentation tool so the you know European Union is suffering from what's known as fragmentation so they might be hiking rates but the effect of the hike may be uneven across you know 19 european countries so which may cause fragmentation you know with the economies as some economies can you know maybe cope with interest rate hikes and others can't right so let's see what happens there um as well as you know problems uh jp morgan c stratospheric $380 oil on worst case russian cut yeah crazy um so a global um global oil prices could be stratospheric $380 a barrel if you were if u.s and european penalties prompt russia to inflict retaliatory retaliatory crude output cuts jp morgan chase and co analysts warn and um we also can see if it comes up here we go germany risks imminent recession on gas cut off deuterbank says so um you got jp morgan enjoyed deuterbank um you know worried about obviously oil and gas and energy and europe faces big negative supply shock on russian gas and analysts warn energy turmoil to hurt growth and weaken the euro right so there's the direct correlation so european economies are facing a major new shock from slowing deliveries of russian natural gas which threaten to push inflation even higher than the current record levels and drive the continent's powerhouse germany into imminent recession deuterbank said so with all that being said again you know it's it's currency trading especially at the moment is all about you know dog with the least of these who's the best of the worst and um at the moment as much as you know the focus might be on the u.s dollar recession i think the european are much worse positioned so any pullbacks um to any kind of supply zones uh for me are uh are shorting opportunities uh even better still i think the 107s even though um the european central bank might be hiking rates uh they are hiking into uh a lot of weakness at the moment and there's again there's even talk of potential parity um you know one to one uh euro dollar uh rate which is probably at the moment around 400 uh pips um you know to the downside or 300 yeah this is about 400 pips to the downside so i think if um if there's a there is a pullback i do think i'm i want to be a shorter again and this time i'm going to end up holding the trade and seeing how far it can run um ozzie dollar ozzie dollar again commodity currencies suffering in a risk-off environment the u.s dollar being you know the stronger out of the two although i am a buyer of the australian dollar and i am in the i'm in the dollar um ozzie uh yen um trade which has uh actually been profitable on the friday but um what we see against the dollar um is should i i'll get rid of this uh demand zone and it's more we're seeing uh really kind of supply come in at these areas and um if you are looking for a potential buyer and buying australian dollar you'd have to i think you'd have to really kind of see um uh risk gone start to take place i do think downside is uh limited due to a potential larger um rba rate hike so we could see some downside potential uh limited and this could actually just be a decent buying opportunity based off of that alone so let's see um but for now i think again the path of leaf resistance probably to the downside um and any basically trades that come up up above that 10 sorry that 70 cent area above the the fair value the moving monthly moving fair value is going to be a decent buying opportunity for the dollar if you want to be a buyer of the dollar uh against the australian dollar um but again any kind of setups for a buy um from a supply and demand perspective i don't think there's really a let me zoom out a bit now i don't think there's unless you're taking unless you're taking a the potential demand zone from way back in 2020 then um now i think you'd have to wait for proof of value to wait for price to really kind of prove that there is uh you know strong demand first and then wait for a pullback into that zone before looking at getting long and that's really the way to to kind of play it um and moving on to the ozzy yen and um yeah so managed to get involved in a nice stop hunt around this 91 50s 60 70s area which is actually paid off quite nicely but that's beyond the uh i guess the um the scope of this video as i talk about supplying daily supply and demand zones but um i'm going to keep the zone here matter of fact keep that zone there uh demand and um from a buying opportunity you can look towards the lower time frames and look for any kind of buying opportunities um if you believe that the australian dollar is is is a bargain here it was obviously a bargain at that point in time so potentially we could start to see prices move to the upside um if not and prices move further down then i think this 90 uh cent area is going to be quite nice um or 90 dollar area is going to be quite nice um as a as a buying opportunity especially around the 89 88 87 30s i think that's very nice for a potential buyer but let's see what happens in a risk off environment you would expect the um the uh the the the yen to do well but i think um at the moment with uh potential rate hikes coming i think there should be some at least a potential upside first before we start to see any moves down or it could be other way around right we could see some moves down before we see you know a move up so but either way our bias is to buy the australian dollar um and continue to buy australian dollar for now um and we also have finally gold and gold nice buying opportunity here on that daily time frame chart um i did say last week that prices have come down to this 1784 that's a nice buying opportunity um strangely enough gold has been um not doing so well in the risk off environment um there's there's many reasons for that or potential reasons for that but um central banks are buying gold so um if you believe that the there's recessions all around um gold it should be something that you should be buying it should be something in all portfolios really is a hedge so um for me gold is a buy and uh i do think potentially this could still come down but with with the dollar looking to um the us dollar anyway uh if that starts to um weaken a bit and pull back then you can you probably could see a dollar start to so a gold start to uh strengthen so let's see what happens there a lot of you know recession talk fear uh should want to drive gold to the upside so any you know from now anyway i think a buying opportunity anything lower than this is starting to definitely turn into you know definitely bargain opportunities i think smart money is definitely getting involved down there as well um anyways guys i think that's pretty much it for this week and um yeah take care and i hope you have a great trading week and speak to you all soon


Good afternoon everybody. It gives me great pleasure to invite Professor Kanan Murugalya to take a seat and we will start the valedictory session immediately. I will also invite Professors Bahandarkar and Professor Gayathunde to please come and take a seat. Professor Fatta could not attend this session, so I am here on his behalf and I will take this opportunity to say a very big thank you to all the coordinators who have been extremely helpful and very very accommodating to all. We have had a lot of glitches on our part as well but everybody has been very accommodating and I thank you very much and I also like to take this opportunity to thank Professors Gayathunde and Bahandarkar in our own way by offering a floral bouquet just before Professor Kanan Murugalya starts his session. Professor Gayathunde, Professor Bahandarkar and thank you Professor Murugalya for coming deciding to come at the very last minute. Thank you so much. I will now hand over the mic to Professor Murugalya to make his valedictory remarks. Thank you. Good afternoon. So, it gives me great pleasure to be part of this valedictory function in an I believe extremely well organized program. This is let me just give a brief overview of some of the work we had to do to get this project running and then it will be clear why I am overwhelmed by the success of this. This work is supported by the National Mission on Education through ICT, MHRD, Government of India and the main objective of that mission is to raise the levels of education in the country, not the top ranking institutes, not IITs, not NITs alone, not government colleges alone, but all colleges, not only engineering colleges, engineering colleges, science colleges, commerce colleges and so on and so forth. It is a mission started by MHRD to raise the levels of education in the country. As a part of this mission, this project is trying to do its bit to help improve the education levels in the country, essentially making available the good resources that we have at one place or at a few places make them all available to everyone who may be interested in. So this is a talk to a teacher project, talk to a teacher project has three institutes participating in it IIT Bombay, Dayalbhag Education Institute in Agra and Amrita University, these are the three institutions that are participating. There are a few types of projects that are supported by this talk to a teacher project. One is this, I would like, I call this as Thousand Teacher Training Program of Professor Fatak. He is the one who conceived this, said that we should make available such a training program through technology and make it available to everybody. Of course this is part of the live transmission or synchronous learning that it is possible to, for an instructor to teach and for many people to attend and also give the facility to ask questions live. And of course there is, there was always a concern as to whether such a scheme will work because what if all the 1000 teachers or 1000 participants start asking questions then question and answer would take up all the time. So of course when this work started here at IIT Bombay, this particular namely synchronous thing work started here in this very same room distance education program by Professor Fatak, Moodle was not available, Avu was not available but still the belief was that technology would help overcome the problems and it turned out to be the right guess and because we could see that when I saw that more than 700 people having written this quiz, may be it is more now, it is an incredible thing that we have a tool like Moodle that will provide the extra support required so that it is not required for all 800 people to ask questions simultaneously that if Professor Gaithonday answers the question of one or two people that might answer the similar questions that 50 others might have. So anyway this is the 1000 teacher training program of Professor Fatak, so in this lots of it started with computer science then electrical engineering, now mechanical engineering we have some photovoltaic cell and basic electronics to happen shortly. So the idea is that to make available the fundamental courses, basic courses to be made available by the best faculty members in the country to everybody and because this program started in IIT, the faculty members happened to be from IIT Bombay but in the future we hope that this program will expand and we would be able to locate good faculty members from all institutions, they would all be able to participate and deliver lectures and share their wisdom with other knowledge, hungry participants. So that is the overall framework of this project itself. So 1000 teacher training program is one of the things supported by this talk to a teacher mission, talk to a teacher project. The other very important activity funded by this project is something that we are using right now, namely A-View, A-View is fully supported by this project and then the third component is making available live classes of IIT Bombay to the outside world and it was done through that mode we have about 50 to 60 courses for us one course is a 40 hour subject those are in the process of getting created hopefully those will be available soon. So these are broadly some of the things that we this talk to a teacher project is supporting. I told you that I was overwhelmed because I am the national coordinator for this talk to a teacher project and I am the one who made presentation on behalf of all the component projects at the ministry before funding came and to tell you the truth I was really worried well this 1000 teacher training program work and finally people will say that it is Kandan Maudgaliya who made the presentation but it did not really work out I was really worried I am really delighted to see that it worked out very well I mean this is when I see 800 people or 700 people writing the quiz I am pretty sure this is the first time that this is happening for and everything is open source it is possible that there are some commercial institutions that offer such services for large number of people but to do it completely as a open source that whatever you create will be made available to the whole world that you can continue to use it you can continue to you can continue to use it for a year for now but hopefully we can even make it available for longer period and that you will also you will use it you will also contribute that is something incredible I believe that this is the first time such a thing has happened I would like to take this opportunity to present not sure whether we can show this show the tablet so you can see the map here Prasad Gaitande has created this you can see the the centers that participate in this course are indicated here and Prasad Gaitande was remarking in the morning that you see Jaipur, Jabalpur, Nagpur and to some extent they are supposed to cater to I would say more than half of the country it is we have a good coverage of the regions in the western zone and in the southern zone although Karnataka is not represented much Andhra is not represented much and of course if you go to north India only Jaipur and then may be Jaipur to some extent but there is not much coverage in that sense we it is it is still not become national level activity because we still do not have centers in for example in the eastern part of the country I was told that some of you had to come all the way from West Bengal, Guwahati and so on all the way to either Nagpur or Jaipur or places like that in the next workshop which is which will start on 28th Tuesday we have I think a center in Srinagar we have a center in NIT Kurukshetra and we probably have a center in Guwahati as well it it helps improve but it doesn't I would we would really like to have lot more representation in the northern part and particularly not eastern part of the country the reason why I am mentioning this is in case we have representatives we have faculty members from any of these regions either from north India or eastern part northeast we would really like to have you participate through your colleges as remote centers we have you would have seen how this workshop was conducted you would see how the you would have seen the role of the remote centers there is a lot of work to be done there is a lot of responsibility placed on the remote center coordinator in fact we are really thankful to all the remote centers the coordinators of the remote centers who work very hard not only now but also from the time the remote center coordinators workshops started there is a lot of work to be done we are really thankful to the people who did this work during this interim period that kind of commitment and contribution is required for this to be a success and we would request the faculty members from northern part of the country and also northeast northeastern part of the country to come forward and if you want us to talk to your college principal or head of the department or directors vice chancellor and so on we will be delighted to do that as a matter of fact some of our staff members have traveled to many centers as a part of this to just to make sure how things worked out what I would like to do is as a part of this inaugural function this valedictory function I would want some of the people who played an active role in giving support from behind to maybe say a few words about what they did and what is their input to the teachers I think that will be very good some of their feedback so with that maybe I will I will not take too much time I am really thankful for the cooperation extended by all of you for putting in a lot of effort in fact and also you know putting in effort I have seen some of your feedback comments that I have seen the excellent comments that you have given on the way this material was delivered the way professor Gaithonday delivered and in fact if I am not mistaken some of some of you had mentioned that professor Gaithonday is a god okay you know god of thermodynamics you know I am really I am really delighted obviously if you didn't put in the time you will not appreciate so I am really thankful to you if there are no students then there is no role for teachers so as a result for this program to succeed the students are required the student in this case I you know keep keep using the word student we are all students we believe that the best way to learn a subject is to teacher course so in that sense all teachers are also students I am putting it in a positive way so I am really delighted that all the participants have shown interest lot of interest and that makes it when I am sure when professor Gaithonday gives a lecture for 800 people his enthusiasm level will be much higher than teaching a class for five students or ten students twenty students whatever so the kind of work that the that the instructor is motivated to put in becomes enormous if there is a good response in that sense I want to really thank you for participating and keeping professor Gaithonday busy by asking him questions and of course in turn professor Gaithonday also kept you busy by conducting quiz the quiz went on getting more and more difficult and of course this professor Bandarkar if I am not mistaken was the one who put together the quiz and then apparently they were there till late last night and possibly they were doing some in the morning also I think they got it done just in time so that you could the quiz could start in time but I will give the phone to professor Gaithonday so this is perhaps the last formal in interaction between us first for for about ten minutes may be there are three hands raised but next ten minutes there is going to be no technical interaction but if there are a few colleges or few remote centers who want to say something by remotely participating in this validity function they are welcome doctor Brahmara over to you. Good afternoon sir everyone presented IIT Bombay all 31 coordinators and participants in all the remote centers including JNTU College of Engineering. The vision of professor Phatak is extraordinary and we are glad that we could now reap the benefits of the vision. Sir's passion is exemplary and his lecture on teaching and research is really inspiring sir. One thing I would like to say that in the coordinators workshop whatever the feedback we had given regarding the way the topics are dealt with regarding the way the topics can be discussed all those feedback was well taken and implemented in this workshop. Another thing is coming to this workshop in this big chain of links from the supporting team from there to us here. Two links I found are the best the first one is you as a teacher who had made the thermodynamics totally put in a new perspective and in a very conceptual way and made us feel that you are here in JNTU and the second best link I felt is our participants who are the best and really willing to learn and very enthusiastic. Overall to our JNTU College of Engineering two weeks at a stretch for the first time we have been conducting the workshop and we were very apprehensive about how it is being conducted and all and finally it's very fruitful satisfying experience interacting with you in each and every aspect correcting ourselves at each and every step and finally coming seeing this day sir over to you. Thank you Dr. Brahmara. Thank you Dr. Brahmara. Now let me try a few other centers PhD Koimtur a quick comment and be brief please thank you. Good afternoon sir on behalf of PhD College of Technology Koimtur and on behalf of participant I would like to thank you and Professor Bandarkar for organizing workshop on thermodynamics and mechanical engineering and there is a good response from our side and even participants they were expecting some more subject from mechanical engineering to be handled by IIT Bombay Professor so the same you classroom that's all sir. Thank you very much NIT Trichy over to you now. Thanks on my humble gratitude to Professor Pathak who has been the brain behind this event and who took sheer interest in conducting a novel program throughout the nation on behalf of the participants. I thank Professor Gaitonday and Professor Bandarkar who has been the tireless teaching the subject for two weeks. My sincere thanks to Dr. Mukta madam Gaya Gaitonday madam Mr. Sandan Bixit and Sushant for extending the helpful hand in supporting me from testing to the conduction of the workshop. I also thank our director, registrar and deans of our institute for helping me in conducting this workshop. I personally thank Professor Kumarajan network coordinator teaching assistants and technical assistants did everything in and out and had been a successful one for two weeks workshop. Also thank the participants who had meticulous involvement in participating and interacting in all its sense throughout the workshop. Thank you one and all. Over to you sir. Over and out. Pillai Panvel. Over to you. Good afternoon everybody. On behalf of all 900 participants I salute Professor Gaitonday and Professor Bandarkar for their commitment and sincere efforts towards giving new view to all the teachers. Thank you very much sir and thank you to all supporting team members of entire e-outreach family. Thank you very much sir. SVNIT Surat. Over to you for a brief comment. Good afternoon sir. We enjoyed all the sessions and perhaps after the huge success of this program I believe it is more responsibility on to the part of Mukta Atre and Professor Patak and the team because I believe that the success it depends or 85 percent of the credit goes to the resource person who is conducting this lectures. We also expected I expect that in heat transfer and CFD Professor Sukhatme as well as Professor AW Datte should take few more few lectures and another thing is today with me is our head of department Dr. H.B. Naik. I will hand over him the mic to him. Good afternoon Professor. It's privileged to listen to you here also as well as the CDs I have at my own pace and I'm saying that I'm also relearning the subject of thermodynamics and from next semester onward I will make some big changes in the way I am teaching the thermodynamics to second year student. Thank you. Thanks to IIT Bombay as usual. Thank you sir. Over to you. K.K. Vagnashik over to you. Thank you very much for teaching us the subject thermodynamics in a very simple and very good manner. We came to know that why mathematics is so much important in the branch of engineering. So this is very helpful for us. You have made very nice presentation for the workshop. So being a participant from K.K. Vagnashik we all are very thankful to you Professor Bhandarkar and all the teams of IIT Bombay. Thank you very much sir. Hope the next session will start soon. We are waiting for that. Thank you sir. Over and out. Amrita Coimbatore over to you. Hello sir. Good evening sir. I am Ravindran one of the participants from Annamalai University. I would like to say my heartfelt and very deep thanks to you sir. And we are very very we are enjoying the course. We learnt much more thing from you. We would like to say thanks to you and your co partner Dr. Professor Bhandarkar. We learnt the basic things which will be very useful for us and not only that we will we already got a very good knowledge regarding thermodynamics. Very basically particularly the way in which you are explained everything is very nice. Each and every question you accept the question in a pleasant manner with pleasant mind and the face. The face is the index of mind everyone knows that. Your face which tells the clear cut idea regarding thermodynamics before you are delivering the answer. We got a nice things from you. And it is a great psychological approach for us to treat the students while they are asking the question to us. It is the great things apart from our subject. And particularly sir particularly the illustration sir that is a very interesting one. Whatever the question whether it is asking from the basic side or it is from the higher level. Whatever it may be the question you simply take the paper and you take the pen and everything explained in a great manner. Sir nice sir we are enjoyed. We got a hundred percent knowledge from your side. It's a new way and new things. Everything the credit goes to you sir. The one sentence which already quoted by other center the god of thermodynamics. Yes it is truth. A hundred percent. Thank you. Thank you very much sir. Thank you sir. Over to you Mepkosh Lang Sivakasi. Sir this Palani Chami coordinator from Mepkosh Lang Engineering called Sivakasi. Sir some of the participants our participants wants to give feedback. I hand all the mic to them. Put up and do it everyone. So it is a well organized and wonderful teamwork program. Those who are involved in this program. I personally thanks to them at the meantime it would be a very helpful to us to improve the our teaching methodology. I really surprised professor Keitante teaching methodology. Whatever questions asked the even if it is the repeated question. With the smile face he answered to that. It is really surprised to me. I never seen like this person. But thanks to you. Once again I thanks to my in this remote center and talk to Palani Chami also. One of my colleague Mr. Satyasa Prabhagar will give the feedback. Good evening to the god of thermodynamics there. And of course all the purposes there. Sir we do not know how to explain the give the feedback for this. But we do not know whether after 20 years in the near future if we are able to achieve half the way mark of your way of teaching that is that is more than enough for us in this career. So even after 20 years it is very doubt for us whether we can be able to achieve your level of way mark. That is that is what we can say so far whatever the thermodynamics we have taught and the past 10 days whatever we have learned it is nothing what we have taught is nothing that is what we have learned from this. Thank you sir over and over. Amal Jyothi College Kerala over to you. Good afternoon. It is a great occasion to thank you very much for this particular course. It is a great occasion to thank you for the course you have conducted at IIT Bombay. And it is a good thing feather on your head. I can say because such a wonderful class it is attended by around 1000 people all over the country. I request you people to further enhance this opportunity for many other subjects so that many of the teachers and the students in the country will be benefited. I personally request a question to the professor how you keep so cool when you are talking thermodynamics which is okay called hot on cold but you are so cool to the questions as a professor. So I thank each and every one of the team work team and teamwork which you have shown to the country as well as the students as well as the teachers together.  I hope you will continue it further. Thank you. Over. College of Engineering Pune over to you. Good afternoon sir. Indeed this is my pleasure to give the feedback regarding this two week workshop on the thermodynamics.  I referred you for my subject like heat transfer. But regarding this thermodynamics again you prove that you are ideal for us and this gives us inspiration like me young teachers who entered in this field of teaching. And you are a great motivation for us to you can keep behind before us as an ideal teacher. So thank you very much sir for great inputs in this 10 days sir. Thank you very much. Sir I hand over my mic to professor. VNIT Nagpur please be brief in your comments. Our subject of your interest in future. So kindly keep this sir. And without any getting tired continuously you are interacting for the 10 days that helps us and that keeps us young teachers to you are just like a benchmark for us to do that and do the things in continuously as you are doing. Thank you sir. Come in Pune over to you. But please brief. Thank you. Good afternoon sir. In the morning you told that I didn't see the body language of the participants. This is the body language of participant from Cummins College. Thank you very much sir. So all of us are very impressed about your teaching. So I will hand over the mic to one of my participant. Thank you sir. Nice to hear you. From 9 to 5 30 you are at the same tone. We don't know how you manage it. Now there is a problem of number of students coming out. Industries taking a serious transition and he is not good. But I think if we all teachers inculcate at least one percent of your habit in all of us. I think we can produce very good engine. That is what I think we should learn from you as far as the overall approach to any subject is concerned. Thank you sir for your kind guidance over the entire 10 days. That has been a fascinating experience. Thank you sir. Vidya Pratishthan College, Baramati over to you. Sir this is Imran Kureshi from Baramati. Sir I would like to thank of course you and your partner Gaiton Deser. I would also like to thank Vandarkasar and I would also like to thank definitely my coordinator and head of the department of mechanical institution here Baramati. Sir I have seen that you was dedicated last 10 days. I am seeing that you was dedicated for us for the students only so that you were explaining all the ambiguities that we were having sincerely and I am also glad to have workshop like this even though I am not from the region of Baramati or Pune. I am from Aurangabad region and this is very good for me to attend this kind of workshops. Again I thank you and definitely your whole team of IIT Bombay and thank you very much sir. College of Jabalpur College, Jabalpur over to you. Good afternoon sir. I congratulate you on the successful completion of this course on thermodynamics in mechanical engineering. We hope that in future you will organize course on CFD and heat transfer. Heat transfer demand is much more from our participants. Somaya College over to you. Sir I would like to thank you first for conducting this first course in thermal area and I would like to continue in this program of heat transfer and CFD maybe as a coordinator participant or maybe as a teaching assistant. So it was really good course and it's good that in thermal series all courses you are going to conduct one by one and all participants are very happy and satisfied after attending this program. Thank you sir. Over to you. Periyar Mani Ammai College Tanjavur over to you. Hello sir. Very good evening. I am Mari Muthu from Periyar Mani Ammai New City Tanjavur. Thank you very much for your effortful and successful workshop for us for the first two weeks sir and also we are greetings to you to contact to more useful workshop by the distance mode which will be more beneficial for us and also we are very happy and satisfied about your workshop for the first two weeks. Thank you very much sir. Over to you. Government College Selam over to you. Sir I am Professor Jaydev and the Principal Government College of Engineering Selam. See our team is very much happy about the presentation and the way in which you have explained the things and your dedication and your enjoyment in your way of expression and attracting and the body language are we are all are very much happy now I hand over the mic to the science teacher who enjoyed the thermodynamics. Sir I am sir I am one of the participants from Government College of Engineering Selam would like to give our feedback sir. You know it is really an opportunity to hear from you of this highly resourced person and the delivery was excellent and we appreciate your confidence and clear discussion. We are then answering all the questions with a smiling face and we also appreciate your punctuality, slow and sequential lectures with a good illustrations. There is no words we have to express our gratitude sir and in other side our coordinator and principal have made all the arrangements in a comfortable manner. The audio and video are also very clear the hospitality is good so we are like to thank the team and you as well for organizing this lecture successfully sir and we have been exposed to IIT style of teaching and so I assure there will be definitely our method of teaching will also be better and our students will also be benefited. Okay now that brings me back on to the stage and I have to do a few things as we wind up this course formally. The second part it is something if Professor Fatak were where here he would definitely have done and this is the vote of thanks for personnel and teams which have made this workshop possible. There are a number of teams involved in this workshop working under various managers and the list is pretty long so thank you very much for making this a success the studio team of Sajjan, Dixit and others the software team of Dinesh, Rajnikant and others system administrators Abhilash and Ranjit the admin team of Mukta, Mahindra and Sarita the content team of Kalpana, Tanushri and others then the local accounts and funds being arranged by Jaya Gayatondi and Ujwala the AVU team from Amrita which made all this linking and it was a pleasant surprise to us that the third quiz and the second quiz we could absolutely smoothly conduct with hardly any hiccups for approximately 800 candidates then we also thank C.D. for making this seminar hall available to us and for general support and upkeep and running around all of professor Fatah's office staff and team members. After that there is something that I want to say and then I will give my personal vote of thanks to a few people that will be a technical one. I have enjoyed these two weeks of interacting with you although I have complained once or twice about the lack of body language the feedback I have received today near the end including a mini demonstration of the body language from a distance that I think I will take my complaints back many of you have given feedback through Moodle and also through the formal feedback raising me to the status of a god thank you very much for that but there are a few people many of you have considered yourself to be ekalavya's may be taking the hint from the ekalavya project of professor Fatah what I want to say is you may consider yourselves to be ekalavya's but I am not really dronacharya and we do not expect the dronacharya ekalavya type of link here. In particular banish the thought that I would like you to donate your thumb or any other finger or any part of you to me and anyway the similarity is not really proper although I have no complaints against complaints on the ekalavya name when ekalavya developed its skills dronacharya did not even know that there was a distance engineering distance education student called ekalavya trying to learn from him here we know I am conscious of you through the remote mode that you are my students you are seeing me as your teacher or a guru from here so I think I would like you to be not really ekalavya's but hope that you soon convert yourself to Arjuna's of some kind after having said that I think I will conclude by saying that I am grateful to my teachers who started my interest germinated the interest in thermodynamics and may be accidentally may not be consciously and sustained it over the years consciously when I joined on the faculty here some names I will specifically take all of these are teachers from IIT Bombay professor Sundar Rajan and professor Vilatkar of physics and professors Achyuthan Jagadish Jagan Mohan and Sukhathmi from the department of mechanical engineering thank you very much much of my thoughts much of the way that I have thought has been inherited imitated and built over from these people that brings us to the end of this session SGSITS Indore over to you I am providing you the opportunity to say the last word over good afternoon sir we are thankful to you for providing the conceptual knowledge for in the thermodynamics this will definitely us using methodology to our student and some modifications of question which we used to ask in the examination thank you thank you and we appreciate to you sir we welcome to next workshop also sir and thanks a lot from the our side over to here so that brings us to the formal end of our 10-day interaction professor Kannan wants to say something yeah this is a response to in response to you know further activity I want to talk about some of the related activities for example I see that there is interest for subsequent courses CFD and heat transfer and so on there are certain things we believe of interest will be of interest to mechanical mechanical engineers in the country I would like to talk about just in a few words about some open source software packages useful to mechanical engineers see we work on a software called silab which is a good equivalent to commercially available software called matlab now matlab is very expensive for commercial organizations in case your students want to become entrepreneurs or they want to try some software in companies they will find matlab to be unaffordable silab is the one and then the second one I want to mention is collab CAD so we are trying to popularize collab CAD this is a product developed by NIC national informatics center BARC and ISRO and this is a good substitute for AutoCAD unfortunately most people seem to think that design means AutoCAD actually these two are two different things for design you can use other software packages also collab CAD is something that we are trying to popularize the third one I want to mention is the software called open form this is a good soft equivalent to fluent so this is open source this is open source collab CAD it is not completely open source but for the student version is available completely free of cost and we are working with the government agencies to provide maximum available maximum benefits available so these are three software efforts happening at IIT Bombay and we would like your participation there is another effort we have it is called ask a question ask a question series it is right now we are making this program available only in electrical engineering where students ask their doubts through a forum and one hour a week faculty members come and answer the doubts if there is enough interest in mechanical engineering I am pretty sure that our faculty will be interested in participating and answering questions so these are all the things that IIT Bombay is interested in is working on if there is any interest if you can write to the coordinators organizers here we can provide more information so thank you


Good evening and welcome to Episode 310 of the Private Property Podcast. I'm your host, Usama Ndouma, Kumalo. It's the Monday edition of the Private Property Podcast, we're kicking off Women's Month. And if you're joining us for the first time, welcome to the only daily property podcast in South Africa. Make sure that you catch up on all the great episodes that we've already had on our Facebook or YouTube page because you certainly want to make sure that you are up to date on all things relating to property that we have covered on this show. And to our regular viewers on Facebook, whether it's the top fan, gang members, or on YouTube, welcome to it. You know how we do every single weekday. You and I have an appointment at 7 p.m. We're always in conversation with a property expert who helps us navigate our property issues.  This is the show that helps you make better property decisions. And talking about making better property decisions, you can, of course, catch a whole host of other shows across private properties, social, media pages. As it is a mandate, you can look forward to the Home Shoppers show at 8 p.m. with Chad. That also comes to your screens on Fridays at the same time. He always takes us through exclusive properties that you can find on www.privateproperty.co.za. And if it's Tuesdays and Thursdays, a warden in Pharma, Umbalino, what brings us to the farming podcast, where she's always in conversation with agricultural experts from people who help us make better commercial farming decisions. Or, of course, if you want to start something in your backyard. So make sure that you sit those alarms every Tuesdays and Thursdays at 8 p.m. to better your understanding of all things agriculture. And every Wednesdays, AC Carson takes us through the First Time Home Buys show, which he's always in conversation with people who've not only walked that First Time Home Buying journey, but have gone on to grow their property portfolios from strength to strength. Well, those are some of the great shows that you can catch every single weekdays at 8 p.m. across private properties, social media pages. Remember, make sure that you're following us across social media on Twitter, on Facebook, on Instagram, on YouTube, as well as on TikTok. You can follow myself on Instagram and Twitter at www.zamaat.com, okay, as we tackle all things relating to property. Now, I did say we're kicking off Women's Month. And one of the great things that we're going to be doing throughout Women's Month is that we're only going to be having women as our guests. We're really doing such a significant job in their respective careers. And this Women's Month, we're going to be outlining and highlighting just that, where we only have women as our guests who are going to be helping us make proper, certainly better, property decisions. So do stay tuned in throughout the month of August, as we only speak to women. And probably get a different insight. I find that women have a relatively different appetite for property or sometimes able to make slightly better property investment decisions than our male counterparts. So that's going to be interesting throughout the month of August. If there's a woman that you would have wanted us to have on the show, official women that you always wanted us to have on the show, you can also let us know down here below, we'd absolutely love to have them on the show. And to kickstart our Women's Month, we're joined this evening by somebody with had on the show, absolutely incredible woman in the professional field.  And when looking at women in property, five things you need to know from a young property professional. We're going to be looking at some of the trends that she's picked up as an asset manager. Certain tips, if you want to get into the property sector, more often than not, people tend to think that the property sector is mostly the state agents. But of course, there's a whole host of other careers that you can look forward to in the sector. And of course, what the Cyber Young Professionals Forum is all about, how you can get involved if you are a young professional in the property sector. And Tabisir, good evening. Thank you so much for joining us. It's such a pleasure to have you on the show. Good evening, Zama. Thank you so much for having me. It's only a pleasure, Tabisir. I think one of the great things with having you on the show is that we're always able to just get such a different perspective from a young person in property. Because I think we still have the, not even the misconception, I think the reality of the property sector is that it's still predominantly an old people profession, across the board. And regardless of what the role essentially is, it's still predominantly older people and typically older white men. And it's always great to see a different demographic sort of rising up their ranks within the property space, picking up their own trends, obviously learning from what is already sort of mainstream within the sector. And before we even look at some of those trends and tips for people who want to get into property, I actually wanted to start with the Cyber Young Professionals Forum. Tell us a little bit about what the forum is about, the work that the forum does, and who can be a member of the forum. Absolutely. So the Cyber Young Professionals Forum was started in 2020, but it actually comes from university or the consolidation of university campus societies that were started back in 2017. And our role really is to shape the future leaders of the property industry in South Africa. And we're shaping them from the grassroots level at university all the way through to young professionals in the private sector, as well as with entrepreneurs. So our role really is leadership and really creating access and bridging the gap between what our young professionals and what young people in property know and what they don't know. And really just closing that gap to create a better knowledge base so they can do better in the environments that they work in. And you know, one of the great things with networks is you're able to get access to so many different kinds of people from different demographics and also just get great insights from other people. I think one of the great things that we echo quite a lot on the show, a lot of our guests who come on the show is the importance of building relationships when you're in the property space. That's property in the relationship business regardless of what you actually decide to do. So in terms of the membership, can a regular young professional who, so they've graduated already, or perhaps have their own property business, are they able to be a member of the forum and how would they go about doing so? Absolutely, we welcome anybody who's interested in property to join us. So you don't necessarily have to be somebody that currently works in property. What we are definitely trying to do is to really encourage more people to participate in the property industry, particularly younger people. So absolutely anybody can join and you access us by going to our website. So go to www.Sahbip.co.zale or info at www.saibp.co.zale and then you'd be able to kind of reach out to us if you are looking for us. That's such a great one. I think the big thing I want to highlight about what I'm trying to say is just said is that you don't necessarily have to be a young professional in property right now. So you might have an interest in it. You're certainly still able to join because I think sometimes people don't quite know where to start or even how to transition because I've seen and I went through this, right? Where I was in a completely different field for nearly a decade and wanted to pivot to real estate. And for a few years they didn't quite know how to and which communities I can already be a member of that would help that transition. So if you're certainly looking for a way that you can make that transition and still weighing your options as much as possible then that is a forum that you're able to tap into that will help you in some of your decisions. I see some of the love that we're getting down here on our Facebook page. For those of you at home who are watching us live on Facebook, Abdullah, I see you for Rana as well as Semi-Mahata saying happy Women's Month. Of course, keep showing us that love down below. We absolutely love to see it. It was pure love, Kumalo. It's always great to see another Kumalo. I can confirm we're not related. There's just kind of a lot of us around. And also showing us some love down here below. Now, one of the things then that I wanted to explore is given that we've, I mean, I think one of the things that we certainly know about the property sector during COVID is that it's seen a lot of different changes from hard lockdown, deeds officers being closed and pent up demand from not being able to have any activity during the hard lockdown. And as we were slowly opening last year, we saw quite a lot of record sales. Almost every day of last year was attesting to how their respective businesses that had record high sales, some even from when they initially started out the business. So they've never seen some of those sales numbers.  Because I think last year we're in a time of crisis. We didn't anticipate what was happening, but the reality of 2021, we already know that we're living in COVID. We're going to see the lockdown restrictions and then be them being eased up. So we're almost trying to plan the unplanable, but it's not so far. So going from level two to level four is not as foreign because we've already gone through that. What have been some of the trends that you've picked up along the past 18 months in the property sector? So I've seen quite a lot, right? But just two that I really want to touch on firstly the subtle but strong movement towards all inclusive living. And I mean, previously, everybody was interested in a live work and play environment, but I think now people are far more interested in making it happen. Now where I work, we have been kind of the leaders in that is where I work in student accommodation. I work for a company called Res Publica Student Living, which is one of the leading providers of student accommodation in the country. And we've had that for quite a long time where we have all inclusive offerings. That's water, electricity, gyms, the whole shebang. All our students have to do is just arrive. Now we're seeing that shifts really being seen in the residential space as well, where a lot of office spaces are now being converted to live work and play spaces where people don't have to worry about wifi, which is one of the biggest things that residential providers are now starting to provide. They're ensuring that there's definitely really made connections to fiber when you walk in. And that's perfect for people that are working from home because there's a really big necessity. So those are some of the biggest trends and also pricing. So one of the things that I have seen particularly with commercial properties being converted to residential properties is actually that the price point to the entry point is a lot lower than it was before. I don't know if it's because of space. I don't know if it's because they're trying to attract young professionals, but the price point is very, very, very attractive. And we're seeing people being very aggressive with that. And I think one of the great things that we've seen and you've highlighted it a lot of our previous guests have noted it is that shift from or that conversion of certain office buildings to residential and really hopping on that work, live, play component. And I think it's one of those things that are going to be very interesting to note in the next coming years because some have done it in response to COVID and of course done it in response to a lot of people working from home, a lot of businesses scaling down in terms of their space, in terms of their offices. And others were already going to be doing that because that's where internationally the industry has already been for quite a number of years. I mean, we've seen it in different markets where the work, live, play component, all inclusive living was already being done, especially if you look at big cities, your London, your New Yorks. And I think it's going to be interesting to see how the South African companies that are going in that direction are going to AB doing it, but also how it's going to play out in the next five years. I'm interested to see how it's going to be in five years time, especially those who did it in response to COVID and weren't necessarily already planning on adding that component in their books, whether they are going to stay with it. Sort of, I want to say post COVID, although many of us know that there isn't quite a post COVID world. This is something that's going to be there for a very long time. So that is really going to be something that's going to be interesting to see. Now, of course at home, we're always taking your questions and comments. Do continue showing us some love down here below. This is the Kickstart Women's Month with Untabi Sehra Mahoba, who is a chair of the CyberBeyong Professionals Forum. As I was saying earlier on the show, throughout the month of August, we're only going to have women as our guests. If there's a particular women that you want us to absolutely bring on the show, let us know down here below. We're definitely going to bring them on. But throughout the month of August, you can look forward to only women being our guests if we're not even going to have men. We've got a great lineup of incredible women that we're going to have on. And going to your comments and questions at home, on Facebook, we've got Umatashinane saying, this is such an exciting initiative. Salute Zimbabwe to happy women's month, ladies. And then we've got a great question here from Kaviso Lombo. Kaviso wants to know and to be saying, are there monthly fees? And this is when it comes to the Cyber Young Professionals Forum. There is a once-off fee that you pay during the year and it will vary. So just go on our website and it will be there.  Okay, perfect. So it's a once-off fee, go to the cyberwebsite cyberconnect.co.zare and you'll be able to find that cost if you want to join the Cyber Young Professionals Forum. Now, I think one of the things that I'm saying there, I also want us to explore is people who want to get into property. And this is from a career perspective. And I say from a career perspective, because we often look at how to get into property as a property investor. And that I would almost pay as a business perspective as opposed to a career perspective. So if somebody wants to be an asset manager like yourself or perhaps a value or a point of severe, perhaps can you shape tips on how you end up within the professional space? And I think you can sort of narrow it to your particular role. Because throughout the month, we'll also be having other women in different careers within property who share a bit about career insights within property and how people can join and certainly become those respective careers. Okay. So there are a number of different ways that you can educate yourselves to become a part of the property industry. Personally, I hold a Bachelor of Sciences and Property Studies from the University of the Bedouin Restaurant. From my understanding, UCT also offers the same course. And so there are a number of universities within South Africa that offer a qualification towards property. If you're already a professional that's working in a different space and would like to enter the space, there are also postgraduate degrees, postgraduate qualifications that you can try out and you can get at these universities. I do know that this also, this and UCT offer a lot of short term courses that you can try out, like do them for the, I think four weeks or 20 weeks and see if you do enjoy the space and you can enter that space as well. But personally, I hold that degree and it gives me access to a number of different fields. I thought of it as an analyst and now I'm an asset manager. So it really does open doors for you to be able to do whatever you want. The people that have my degree that are valuable to your point, that are developers, you can do pretty much anything. The sky is the limit once you have it. And I love that you outline the different ways of studying towards it. I'm a VC, an undergrad that's been completely different. In postgrad, I'm actually doing property development and management at VITS. And it really does offer you a different perspective, especially just given my academic background, when you want to get into property. So you're able to, if you had a very different degree and a very different sort of faculty, a different field in the event where you now want to have some property knowledge you can do, whether it's the master's program or other postgrad programs, if you want a degree component. So I know that VITS, UCT, even Tux offers a really great program when it comes to property and the postgrad components. Now, I can say that you mentioned that you started off as an analyst and then an asset manager. I think for purposes of our listeners at home, perhaps break down the difference between the two and what that would entail as a property analyst. And then now, of course, as an asset manager within the property space. So when I was an analyst, I was an analyst in the banking space and my role really was to be able to review all applications we get for people that are trying to raise money from the bank and to kind of just look at the risks and the rewards of it and really pitch it to a credit team that would then let us know whether or not we can lend money to a particular person or not. And then I'd be able to manage that account for an extended period of time. Now I'm on the other side where my role is to kind of look at value uplift for my company and yield uplift so that our shareholders get the return that they need from their investment but also to acquire new properties, to manage the property that we currently have and to just grow our portfolio. To be saying, one of the things you've just outlined and I always like asking people who are either in banking or have been in banking when it comes to this one is how as an analyst, you were able to look at people's sort of applications who wanted to raise some funds for some other property deal and of course make a case to the credit team. The question that I love asking people who are either in banking or have been in banking is perhaps some of the factors that lead to the credit team coming back and saying, no, actually we're not going to extend that line of credit to whether it's the business or the partners who've come together wanting to raise those funds. Because I think more often than not, we don't quite know what happens behind the scenes. We apply, even when you're a business and you're applying, perhaps you have started your property venture. Only really relatively bigger businesses have a better understanding of what happens behind the scenes. But for the most part, those in the very early stages and even the sort of intermediate stage still don't quite know what goes into applications being rejected or approved. Some of the things that you might do during the application process that when the credit team looks at it, it doesn't matter how good your banker might be, the credit team ends up being like, actually we can't quite extend this line of credit. That's true that certain factors that a credit team would typically pick up that would lead them to reject somebody's application. I'm actually going to touch on something that you mentioned earlier on when you started and that's relationship. You mentioned that relationships are everything in the property space. And I would say two things really matter. Knowing who your credit team is is important. Sponsors are everything. And if you have a sponsor on your credit team, you're more likely to get somebody to be in your corner and to approve your deal. But also when it comes to the people that you are working with, your development team, your management team, whoever the case may be, ensuring that you have somebody that is established, partnering with a good jockey that has experience and a proven track record in delivering is critical. Banks don't want to lend their money to people that they don't know. People don't want to lend their money to people that they don't know. I mean, you wouldn't give your money to somebody that you don't know. So generally speaking, they want to give their money to people that they know, they want to give their money to people that they trust. And in order to get that, you're going to be able, you're going to have to start off by partnering with somebody who is better equipped, better known than you for a while until you become that person that is better equipped and better known. So that's my main thing. And then the second thing is your fundamentals must make sense. It doesn't matter who you have on your team. If your fundamentals don't make sense, then there's no way it's going to happen. Your loan must be able to wash its own face. You must be able to repay the loan and you must be able to be investing in something that is viable. And in terms of saying, I think one of the big things with that, especially with people who are starting off or haven't been in it long enough and or some who've started off and perhaps have been certainly building their property venture, they're seeing all these different opportunities that are coming up and want to be able to take advantage of it. They still don't quite have a good sense of what the fundamentals are. I think that's one of the things I'm still realizing that oftentimes people think, I want to buy this property or buy this house. I want to do a conversion and the rental that I'll collect is X amount. The bond is going to be X amount. Of course, I'll be able to make the payments, but they at the core, they still don't actually have a good sense of what are the fundamentals? And this is of course going to be something that's throughout every deal that you're going to make. They're not going to suddenly change based on the nature of the deal. The figures may change, but at the core of it, the fundamentals stay the same. So when you talk about the fundamentals making sense, what are the fundamentals that you are referring to? Number of things, right? So I'll touch on a couple. You learn to value, for example. So that is the amount of money that you want to borrow against the proposed value of whatever it is that you want to build or whatever already currently exists. So generally banks aren't going to give you 100% of a loan. If it is a commercial loan, it's probably going to be somewhere along the lines of 70% or less, right? So the value of your property must be able to withstand the amount of money that you want to borrow. Leases are critical, right? Because leases are going to do what it is that you're using to pay off your loan, right? So, and that's if you're not going to build and sell immediately, which is a whole other business case on its own. You want to be able to have long-term leases that are going to be able to prove to the bank that if you want to loan for five years, you've got enough people or you've got extended periods of people living in your property or working in your property for that period of time so that you're able to pay off your debt. So those are just two very critical things that I think people need to worry about and really think about, but also your management team, very important. The person that's going to be managing your property is going to be the person that is ensuring that there is continued income coming in and is going to be ensuring that the value of the property is protected long-term. We are this evening in conversation with Tavisa Mahoba, who's the chair of the Cyber Young Professionals Forum. As we kickstart Women's Month, we're looking at things you need to know from a young property professional. And we've got a great question coming through on Facebook from Usin Pue Menu asking, what are the pros and cons in investing in either an apartment or a standalone property? We'll make it a high-level because we can have a very separate conversation about that that can last the whole 30 minutes, same. And I want you to answer this, Usin, also just bring in mind that you're also in the student accommodation space have a very intimate understanding of it because I know a lot of property investors almost want to always add student accommodation to their portfolio because of the high yields that you typically are able to enjoy in that space. So briefly, pros and cons of apartment versus a standalone property. This is for obviously investment purposes. Sure. So I'll talk from my own experience, right? I recently bought a property a couple of years ago as an investment property and it was a new development and I was really excited about it. But some of the things that I really made mistakes on which I listened to for other people now were the calculations. So when I bought my property, I thought, okay, they're giving me projections of X amount when it comes to levies and X amount when it comes to rates and taxes. And lo and behold, those numbers were completely different when it was time for me to move in. It's different if you're buying a property that is currently existing.  And when I bought my property, I found that my rates and taxes was almost double the amount that I had initially budgeted for. And that was the same for my levies. And what that means is that my numbers were completely off. So my yields were completely off at the end of the day. A very expensive lesson, but a good lesson than the list. So definitely look at that. Definitely look at who your developer is. Definitely ensure that you have an understanding of who your management team is and you've seen financials. If it's an existing property. So if you are going to sectional title and it is an existing property, ask for financials before you buy into the property because then you can see whether they're managing the property well or not. You can see if they are in debt or not. And you can see whether or not it's something that you want to go into. Now with standalone, I don't want to lie. I'm not the best person to ask because I don't have a standalone property. But I suppose most of the fundamentals are the same. Understand, you know, there's structure because you don't really have the prediction of a body corporate when it comes to that space. So understand the structure. Know that your property will be able to stand, get the right inspection, stand and always buy in the right areas with both types of properties. Area is everything, location, location, location. So the base of the location is depending on what you're looking for, whether it is rental income or capital depreciation, make sure that you find property in the right space. And I love that, you know, in terms of saying that oftentimes when it comes to your developments, I mean, I really, I've heard far too many people share the exact same experience that you've had that you're given projections and now especially if I even look at your housing because there's so much building, some of the developers know that the projections that they're giving you are actually lower than what is going to be the actual set amount as opposed to if it was a couple of years ago where we can argue, well, maybe they didn't know that it was going to escalate to those levels, now they know. They just, as you say, they want to get you in, they want to get that sale. And when you move and you get that first levy statement and you get a heart attack because you were budgeting for, you know, six, 700 rounds for levies.  Before we wrap up on type of saying, any final tips for somebody who's looking to get into the property profession that you'd like to share with our viewers at home? I highly recommend anybody beginning their journey into property. I'm one of those people that absolutely believe that property is a wealth creation vehicle but it's also a wealth storage vehicle. So if you're somebody that is in a high cash flow business, consider solidifying your money in property. If you're somebody that is interested in creating generational wealth, get some knowledge, you know, the property industry is not that open but now there's lots of information that is available. Also I'm doing what I have 310 episodes on property for goodness sake. You know, there's YouTube, there's Instagram, you can find as many platforms as possible to read up on it and to start participating. I highly recommend getting into this space. It's very rewarding and it's also a really great place to just grow yourself. And that's such a great note to leave it at. And I'll be saying thank you so much for joining us. It's always such a pleasure to have you on the show. Thank you for having me, Zema. And that is, and I'll be saying my hope is the chair of the Cyber Young Professionals Forum. Remember, if you want to get in touch with them or perhaps interested in being a member of the forum, you can go to cyberconnect.co.z and reach out to them. I think if you have an interest in being a property professional, then that certainly is a forum with considering joining. Well, that brings an end to the Monday edition of the Private Property Podcast Kickstarting Women's Month. You're going to have a jam-packed Women's Month with incredible guests that we've got lined up. It's a pleasure to be with you this evening. I'll be back on your screens tomorrow at 7 p.m. Until then, hope you're staying safe. Thank you so much. Thank you for having me.