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....
The Full Research Report can be accessed on KEY POINTS Maiden Profit Delivered in 1H’FY21: The Company delivered record revenue from course income in 1H’FY21 of $7.9m, up 12.3% on the pcp. The Company reported a NPAT of $1.2m, a maiden profit for the Company. The Company has been able to successfully pivot its focus to domestic students with disruptions to international student enrolments as a result of government imposed border restrictions in response to the COVID-19 pandemic. We expect the...
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