Edison Investment Research - Pan Asia Footwear PCL (PAF) Update: Evander trending higher

Report

Edison Investment Research

Update: Evander trending higher

As is now virtually a semi-annual event, Pan African (PAF) has released a trading statement under paragraph 3.4 (b) of the JSE listing requirements stating that its H116 results will differ by at least 20% from H115. In this case, PAF has indicated that headline EPS (HEPS) will be at least 65% higher than the 0.31p per share reported in H115 in sterling terms â€“ ie at least 0.51p/share including an estimated 0.12p in exceptional hedging profits. The announcement broadly confirms our estimates for both the half and full years and suggests that the expected unit cost reductions and head grade increases at Evander in particular are indeed materialising.

10/12/2015 16 EN

Underlying

Pan Asia Footwear PCL

See profile

TH0112A10Z08 Stock Exchange of Thailand Thailand

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

See profile

Other Reports on these Companies

SmartInsider

Pan Asia Footwear Plc: 1 director

A director at Pan Asia Footwear Plc sold 400,000 shares at 1.880THB and the significance rating of the trade was 66/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names o...

Free Trial

June 7, 2021 June 7, 2021 1 EN

Ford Equity Research

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stockâ€™s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the we...

EUR 18.48

December 16, 2016 December 16, 2016 2 EN

Edison Investment Research

Update: Firing on four cylinders

Pan Africanâ€™s interim figurers were better than Edisonâ€™s expectations, despite a 9.8% year-on-year decline in the average price of gold. Compared to the prior year period (ie H115) gold produced and sold increased 17.4% (or 15,122oz), while cash costs of production fell by 25.7%, to US$740/oz, aided by, among other things, a 23.9% decline in the rand exchange rate. In generaltherefore, not only were costs lower than our expectations, but depreciation, royalties and net finance costs were also lower, albeit these were partly offset by Â£1.8m of hedging losses at Barberton (see Hedge positio...

March 16, 2016 March 16, 2016 19 EN

Basilea Pharmaceutica - Cresemba milestone payments continue to roll in

Basilea Pharmaceutica has announced the triggering of a US$1.25m milestone payment from Pfizer, triggered by sustained strong sales of Cresemba in the Asia-Pacific region and China. This is the second FY24 milestone payment for the region and is incremental to the payment received in March. We note that, according to the latest available data, total in-market sales of Cresemba amounted to US$473m in the 12 months ending December 2023, representing a +26% year-on-year increase. Basilea is preparing to launch its Phase III programme for fosmanogepix, a broad-spectrum antifungal therapy, with the...

18h / 42m 18h / 42m 1 EN

Toby Thorrington

Toby Thorrington

AAC Clyde Space - Solid start to the year with further order growth

AAC Clyde Space offers exposure to the fast-growing low Earth orbit space market. A solid start to the year and continued order momentum are encouraging. We also note the internal restructuring to promote delivery of the group’s products and services. We expect this combination to drive an improving performance, albeit within the lumpy nature of the business, in turn improving investor confidence and the stock’s valuation.

20h / 36m 20h / 36m 1 EN

Richard Williamson

Richard Williamson

Tinexta - Typical seasonality in Q124

Tinexta’s Q124 results showed good progress in the two divisions that typically demonstrate more consistent (through the year) growth, Cyber Security and Digital Trust, which management expects to deliver higher growth over the next few years. Business Innovation demonstrated its typical seasonality and management therefore remains confident about the outlook for the year.

22h / 2m 22h / 2m 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

Update: Evander trending higher

Pan Asia Footwear Plc: 1 director

Ford Equity International Rating and Forecast Report

Update: Firing on four cylinders

Basilea Pharmaceutica - Cresemba milestone payments continue to roll in

AAC Clyde Space - Solid start to the year with further order growth

Tinexta - Typical seasonality in Q124

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe