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 redevelopment of the Liang Court site will create an integrated development linked to Fort Canning MRT station and facing the Singapore River promenade. ART’s Somerset serviced residence with 192 units is slated to open in 2H24, while CDREIT’s 475-room lifestyle hotel under Moxy brand is scheduled for completion in 2025. ART and CDREIT plan to stay invested in the Liang Court site. BUY ART (BUY/Target: S$1.66) and CDREIT (BUY/Target: S$2.05). Maintain OVERWEIGHT.
In May 2018, Hochtief purchased 78.8% of Abertis shares through a public tender offer launched at € 18.36 per share. Hochtief increased its holding to 86.7% through market purchases made until June 13th. Taking into account that the Company holds 8.0% of the share capital in treasury shares, the minority shareholders that did not accept the offer made by Hochtief currently represent 5.3% of the share capital. On June 21st, Hochtief launched a purchase offer for the remaining 5.3% at the same pri...
Due to a reallocation of resources, Haitong Research is terminating coverage of ACS, FCC, Ferrovial, Sacyr, OHL and Abertis. Effective upon this termination of coverage, our last recommendations, fair values and estimates should not be relied upon going forward.
The trend remains neutral. Prices will have to break below the peak at €17.919 for the trend to be negative again with an invalidation level above €19.325.Arguments :- The support has been breached.- Prices are breaking below the moving average.
La tendance est toujours neutre. Il faut enfoncer le creux à 17,919 € pour que la tendance devienne négative avec une invalidation au-dessus de 19,325 €.Arguments :- Le support est enfoncé.- Les prix enfoncent la moyenne mobile.
The trend is momentarily interrupted by a consolidation on a shorter time horizon but prices remain above the invalidation level at €17.89. It can resume at anytime towards the target at €20.76.Arguments :- Prices are pulling back to the major support level (previously a resistance). The rise will resume afterwards.- The rising moving average confirms our opinion.
La tendance est momentanément interrompue par une correction sur l'horizon de temps inférieur, mais les prix restent au-dessus du seuil d'invalidation à 17,89 €. Elle peut donc reprendre à tout moment vers l'objectif à 20,76 €.Arguments :- Les cours font un pull-back sur le support majeur (ancienne résistance), la hausse reprendra ensuite.- La moyenne mobile, haussière, confirme notre avis.
In item 4, the Board proposes to ratify the appointment of Mr. Francisco José Aljaro Navarro as CEO, to replace Mr. Reynés Massanet, who resigned in February 2018 and appointed as Chairman-CEO of Gas Natural. Mr. Aljaro Navarro has been the CFO of Abertis since 2005, and we have not identified any specific concerns over his appointment as CEO of the Company for the statutory term of 4 years. Hence, we recommend approval. In item 6, the Board asks the shareholders to authorize the sale of Aberti...
A director at Abertis Infraestructuras sold 879 shares at 19.420EUR and the significance rating of the trade was 67/100. 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 c...
Le précédent sommet vient d'être franchi, ceci confirme la tendance haussière. Le prochain objectif est à 21,000 €. Le niveau d'invalidation est sous 18,300 €.Arguments :- Les cours font un nouveau plus haut historique, ce qui témoigne de la force de la tendance.
The previous high has been passed, the bullish trend is confirmed. The next target is at €21.100. The invalidation level is below €16.000.Arguments :- The resistance has been passed.- Prices made a new all-time-high, this confirms the strength of the trend.- The rising...
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