With FY21~24 revenue CAGR in the low single digits and margins declining, there are few catalysts to spur investors’ interest in Enigmo at the moment. However, analyst Thao Nguyen believes there is substantial room for growth. The share price is now 69% below its recent peak, so valuations are not demanding, and the ongoing share buyback of up to ¥1.5bil from Mar 2022 to Feb 28, 2023 may provide some support to the stock.
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
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