A director at Perpetual Ltd bought 2,670 shares at 15.400AUD and the significance rating of the trade was 57/100. 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 ...
Summary IG Group Holdings Plc - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights IG Group Holdings plc (IG Group) is a provider of online trading and investment solutions. It primarily offers leveraged trading products such as contracts for difference (CFDs), financial spread ...
The general evaluation of PERPETUAL (AU), a company active in the Asset Managers industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date February 11, 2022, the closing price was AUD ...
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....
For. more information please visit OVERVIEW The Perpetual Credit Income Trust (‘the Trust’ or PCI) is proposed to list on the ASX in May 2019 and is seeking to raise between a minimum A$150m and a maximum $400m (with the ability to accept $40m in oversubscriptions). The Trust will be managed by Perpetual Investment Management Limited (the ‘Manager’) and its highly experienced eight person specialist credit and fixed income team led by Michael Korber. The Trust is based on an unconstrain...
A moderate increase in our equity market growth assumptions because of a lower interest rate outlook prompts an upgrade in narrow-moat Perpetual’s fair value estimate to AUD 40.00 per share, from AUD 37.20. Higher equity markets have the compounding effect of contributing to funds under management, or FUM, growth in its core investments division and market-related revenue growth in its private division. Nevertheless, we expect the positive contribution from higher markets to be tempered by ele...
A moderate increase in our equity market growth assumptions because of a lower interest rate outlook prompts an upgrade in narrow-moat Perpetual’s fair value estimate to AUD 40.00 per share, from AUD 37.20. Higher equity markets have the compounding effect of contributing to funds under management, or FUM, growth in its core investments division and market-related revenue growth in its private division. Nevertheless, we expect the positive contribution from higher markets to be tempered by ele...
A moderate increase in our equity market growth assumptions because of a lower interest rate outlook prompts an upgrade in narrow-moat Perpetual’s fair value estimate to AUD 40.00 per share, from AUD 37.20. Higher equity markets have the compounding effect of contributing to funds under management, or FUM, growth in its core investments division and market-related revenue growth in its private division. Nevertheless, we expect the positive contribution from higher markets to be tempered by ele...
A major rebound in Australia’s equity market from its precipitous fall in the December 2018 quarter sees a moderate uplift in narrow-moat Perpetual’s fair value estimate to AUD 37.20 per share from AUD 36.30. Australia’s All Ordinary Index has staged a strong comeback since its precipitous circa 10% fall in the December 2018 quarter to be currently about 8% higher. Higher markets than we previously expected should see improved earnings in the second half of fiscal 2019 from the disappointi...
A major rebound in Australia’s equity market from its precipitous fall in the December 2018 quarter sees a moderate uplift in narrow-moat Perpetual’s fair value estimate to AUD 37.20 per share from AUD 36.30. Australia’s All Ordinary Index has staged a strong comeback since its precipitous circa 10% fall in the December 2018 quarter to be currently about 8% higher. Higher markets than we previously expected should see improved earnings in the second half of fiscal 2019 from the disappointi...
A major rebound in Australia’s equity market from its precipitous fall in the December 2018 quarter sees a moderate uplift in narrow-moat Perpetual’s fair value estimate to AUD 37.20 per share from AUD 36.30. Australia’s All Ordinary Index has staged a strong comeback since its precipitous circa 10% fall in the December 2018 quarter to be currently about 8% higher. Higher markets than we previously expected should see improved earnings in the second half of fiscal 2019 from the disappointi...
A major rebound in Australia’s equity market from its precipitous fall in the December 2018 quarter sees a moderate uplift in narrow-moat Perpetual’s fair value estimate to AUD 37.20 per share from AUD 36.30. Australia’s All Ordinary Index has staged a strong comeback since its precipitous circa 10% fall in the December 2018 quarter to be currently about 8% higher. Higher markets than we previously expected should see improved earnings in the second half of fiscal 2019 from the disappointi...
The precipitous fall in the Australian All Ordinaries Index since June 30, 2018, and the expectation of future tightening of credit drives a reduction in narrow-moat Perpetual Ltd.'s fair value estimate to AUD 36.30 per share from AUD 44.50. We now forecast underlying net profit after tax, or NPAT, for fiscal 2019 of AUD 120.7 million, down from our previous forecast of AUD 136 million and fiscal 2018 NPAT of AUD 139.0 million. At our fair value estimate the stock trades on a fiscal 2019 P/E mul...
The precipitous fall in the Australian All Ordinaries Index since June 30, 2018, and the expectation of future tightening of credit drives a reduction in narrow-moat Perpetual Ltd.'s fair value estimate to AUD 36.30 per share from AUD 44.50. We now forecast underlying net profit after tax, or NPAT, for fiscal 2019 of AUD 120.7 million, down from our previous forecast of AUD 136 million and fiscal 2018 NPAT of AUD 139.0 million. At our fair value estimate the stock trades on a fiscal 2019 P/E mul...
The precipitous fall in the Australian All Ordinaries Index since June 30, 2018, and the expectation of future tightening of credit drives a reduction in narrow-moat Perpetual Ltd.'s fair value estimate to AUD 36.30 per share from AUD 44.50. We now forecast underlying net profit after tax, or NPAT, for fiscal 2019 of AUD 120.7 million, down from our previous forecast of AUD 136 million and fiscal 2018 NPAT of AUD 139.0 million. At our fair value estimate the stock trades on a fiscal 2019 P/E mul...
The precipitous fall in the Australian All Ordinaries Index since June 30, 2018, and the expectation of future tightening of credit drives a reduction in narrow-moat Perpetual Ltd.'s fair value estimate to AUD 36.30 per share from AUD 44.50. We now forecast underlying net profit after tax, or NPAT, for fiscal 2019 of AUD 120.7 million, down from our previous forecast of AUD 136 million and fiscal 2018 NPAT of AUD 139.0 million. At our fair value estimate the stock trades on a fiscal 2019 P/E mul...
Narrow-moat Perpetual’s fair value estimate increases moderately to AUD 44.50 per share from AUD 43.90 following in-line fiscal 2018 results. Its fair value increase is mainly driven by the time value of money, with the group’s underlying net profit after tax, or NPAT, of AUD 139.0 million consistent with our forecast of AUD 138.7 million. As expected, earnings growth was generated by its private segment (23% of fiscal 2018 group profit before tax) and its corporate trust segment (21% of PB...
Perpetual is primarily an active value funds manager of Australian equities. It also provides financial advice to high-net-worth clients and is the major provider of trustee services to the securitisation market, as well as outsourced responsible entity services to funds. While it benefits from Australia’s ageing demographics and the compulsory superannuation contribution levy, its core Australian equity funds are suffering from net organic outflows, owing to structural issues of industry supe...
Narrow-moat Perpetual’s fair value estimate increases moderately to AUD 44.50 per share from AUD 43.90 following in-line fiscal 2018 results. Its fair value increase is mainly driven by the time value of money, with the group’s underlying net profit after tax, or NPAT, of AUD 139.0 million consistent with our forecast of AUD 138.7 million. As expected, earnings growth was generated by its private segment (23% of fiscal 2018 group profit before tax) and its corporate trust segment (21% of PB...
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