A director at Morgan Advanced Materials bought 20,000 shares at 216p and the significance rating of the trade was 53/100. 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 ...
Morgan Advanced Material’s FY22 saw a 5% operating profit beat (and a higher-than-expected dividend increase) on pricing strength and good drop-through on volume growth. Encouragingly, the robust growth reflected in 4Q23’s organic revenue growth of 13.3% has continued into 1H23 as underlying markets have continued to see strength, dominated by the group’s “faster growth” segments. While the January 8th cyber incident will likely see 1H23 revenue flat y/y, management is guiding to 2H23 revenue gr...
Liberum's research coverage encompasses more than 300 stocks across 12 pillars. Each quarter we ask our sector teams to list their most and least preferred stocks on a six to 12-month time horizon. Stock selection is largely limited to those names listed in the FTSE 350 and STOXX 600, eliminating less liquid names, and is driven by analysts’ preferences, rather than total shareholder return.
Morgan Advanced has issued a FY22 trading update, as well as an update on the cyber security incident it previously reported on 10 January 2023. Company saying that demand remained strong in January, but the production impact of the cyber incident would cut FY23E group op profit c.10%-15% vs expectations. For FY22E, the update confirmed the group traded ahead of expectations. FY22 group revenue will now come in at £1.1bn or +11% organic y/y vs previous guidance of up 7%-9%. Adjusted op. profit w...
The independent financial analyst theScreener just lowered the general evaluation of MORGAN ADVANCED (GB), active in the Electrical Components & Equipment industry. As regards its fundamental valuation, the title now shows 1 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Neutral. As of the analysis date January 18, 2022, the closing price was...
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....
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 stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
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