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....
ASX telcos (including Spark NZ and Chorus) have largely recovered from the worst of the 2020 COVID impact in share price terms, with infrastructure telcos most exposed to datacoms growth and the accelerating digital economy having the best of it including Macquarie Telecom and Next DC (both data centre operators) as well as Chorus, Vocus and Superloop (fibre access and transmission companies).
Major ANZ telco shareprices have held up well this month (ie since close 28 Feb) before the falls of Monday 9 March. We don’t see obvious sector-specific risks beyond general concerns about a macro downturn and a possible credit crunch.
TPG TELECOM LIMITED (AU), a company active in the Integrated Telecommunications industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 3 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date March 6, 2020, the ...
Australian Competition and Consumer Commission's, or ACCC's, rejection of TPG Telecom's proposed merger with Vodafone Australia is a curious one. Despite pronouncements to the contrary since January 2019, the competition regulator appears adamant TPG will resurrect its ambitions to become a new entrant in the Australian mobile network space, if it cannot find a way to tie up with Vodafone. However, this could be a case of the ACCC calling a bluff that may not be. We have consistently been scept...
Australian Competition and Consumer Commission's, or ACCC's, rejection of TPG Telecom's proposed merger with Vodafone Australia is a curious one. Despite pronouncements to the contrary since January 2019, the competition regulator appears adamant TPG will resurrect its ambitions to become a new entrant in the Australian mobile network space, if it cannot find a way to tie up with Vodafone. However, this could be a case of the ACCC calling a bluff that may not be. We have consistently been scept...
Australian Competition and Consumer Commission's, or ACCC's, rejection of TPG Telecom's proposed merger with Vodafone Australia is a curious one. Despite pronouncements to the contrary since January 2019, the competition regulator appears adamant TPG will resurrect its ambitions to become a new entrant in the Australian mobile network space, if it cannot find a way to tie up with Vodafone. However, this could be a case of the ACCC calling a bluff that may not be. We have consistently been scepti...
TPG Telecom is the latest telecom player to join the public chorus, denouncing National Broadband Network's, or NBN's, uneconomic pricing model and threatening to cease selling the NBN AUD 60 per month basic entry plan. The 5% (AUD 12 million) fall in fiscal 2019 first-half consumer EBITDA to AUD 243 million shows why, and could have been a lot worse had cost efficiency not been realised to drive down overhead by 9% (AUD 13 million). This was more than offset by the 15% (AUD 24 million) rise in...
TPG Telecom is the latest telecom player to join the public chorus, denouncing National Broadband Network's, or NBN's, uneconomic pricing model and threatening to cease selling the NBN AUD 60 per month basic entry plan. The 5% (AUD 12 million) fall in fiscal 2019 first-half consumer EBITDA to AUD 243 million shows why, and could have been a lot worse had cost efficiency not been realised to drive down overhead by 9% (AUD 13 million). This was more than offset by the 15% (AUD 24 million) rise in...
TPG Telecom is the latest telecom player to join the public chorus, denouncing National Broadband Network's, or NBN's, uneconomic pricing model and threatening to cease selling the NBN AUD 60 per month basic entry plan. The 5% (AUD 12 million) fall in fiscal 2019 first-half consumer EBITDA to AUD 243 million shows why, and could have been a lot worse had cost efficiency not been realised to drive down overhead by 9% (AUD 13 million). This was more than offset by the 15% (AUD 24 million) rise in ...
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