The independent financial analyst theScreener just lowered the general evaluation of ASSORE LTD. (ZA), active in the Non Ferrous Metals industry. As regards its fundamental valuation, the title now shows 0 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 Slightly Negative. As of the analysis date January 31, 2020, the closing price was ZAR 245....
Assore Limited (ASR) released a robust H1 ‘18 result despite earnings falling short of our expectations. Encouragingly, the Group increased its payout ratio to c.42% (FY '17: c.28%) resulting in an interim dividend of R10/share. The Group continues to build cash on its balance sheet with its net cash position increasing by c.30% h/h to R6.6bn. ASR's strategy remains unchanged as the Group would prefer to utilise its cash to grow the business. While management have identified a number of op...
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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