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....
Vivacom, the largest Bulgarian telecom operator, reported 2Q16 results characterized by a strong decline in EBITDA (14.7% excluding recently acquired Nurts) and slightly revised down its guidance for FY16. That said, the topline remained well oriented (+2.2% yoy excluding Nurts). In mobile (57% of total revenue) Vivacom continued to outperform its peers with 52k customers net adds in 2Q (-21k for Telenor and -54k for Mtel) and 106k on a LTM basis. In fixed (38% of revenue), the company continued...
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