Two Directors at Turners Automotive Group Ltd sold 350,000 shares at 7.700NZD. The significance rating of the trade was 76/100. 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 ...
Summary Region RE Ltd - 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 Region RE Ltd (Region RE), formerly SCA Property Group, is a real estate investment trust (REIT). The company operates through two managed investment schemes: Region Management Trust (Management Trust) an...
ABACUS PROPERTY GROUP (AU), a company active in the Real Estate Investment Trusts industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 2 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Positive. As of the analysis date April 5, 2022, the closing price was AUD 3.35 and its potent...
Abacus aims to raise around US$146m (A$200m) via issuing new shares worth 7.1% of issued shares. The company will use the proceeds from the placement to pay down debt that it has accumulated from earlier acquisition/construction. In this note, we will talk about the recent developments and run the deal through our ECM framework.
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....
Summary Automotive Holdings Group Ltd - Strategy, SWOT and Corporate Finance Report, 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 Automotive Holdings Group Ltd (AHG), a subsidiary of A.P. Eagers, is a diversified automotive retailing and logistics group. The company offers passenger vehicles, commercial veh...
Summary Marketline's Automotive Holdings Group Limited Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Automotive Holdings Group Limited since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehe...
Summary Marketline's Folkestone Limited Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Folkestone Limited since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic...
Consistent with our earlier concerns, Chinese equity markets fell substantially after rallying for three consecutive months from June. We reiterate our cautious stance amid a demanding 12-month forward PE of 14.2x for MSCI China, maintaining stock exposure to policy support and domestic demand recovery themes. We add China Eastern Airlines to our BUY list.
We maintain no-moat Abacus Property Group’s fair value estimate at AUD 3.85 per security following transfer of coverage to a new analyst and Abacus and Charter Hall Group’s joint proposal to acquire all the units of Australian Unity Office Fund, or AOF. AOF is an ASX-listed REIT with a portfolio consisting of nine office properties located across Sydney, Adelaide, Melbourne, Brisbane, and Canberra. At this early stage, we don’t have enough confidence the proposed takeover will complete in ...
We maintain no-moat Abacus Property Group’s fair value estimate at AUD 3.85 per security following transfer of coverage to a new analyst and Abacus and Charter Hall Group’s joint proposal to acquire all the units of Australian Unity Office Fund, or AOF. AOF is an ASX-listed REIT with a portfolio consisting of nine office properties located across Sydney, Adelaide, Melbourne, Brisbane, and Canberra. At this early stage, we don’t have enough confidence the proposed takeover will complete in ...
We maintain no-moat Abacus Property Group’s fair value estimate at AUD 3.85 per security following transfer of coverage to a new analyst and Abacus and Charter Hall Group’s joint proposal to acquire all the units of Australian Unity Office Fund, or AOF. AOF is an ASX-listed REIT with a portfolio consisting of nine office properties located across Sydney, Adelaide, Melbourne, Brisbane, and Canberra. At this early stage, we don’t have enough confidence the proposed takeover will complete in ...
We have upgraded our fair value estimate for no-moat-rated Abacus Property Group to AUD 3.85 from AUD 3.70. The increase in our fair value is primarily due to raised assumptions for the amount of capital allocated to acquiring and developing more attractive self-storage assets. Abacus is in the early stages of exiting its higher-risk residential development activities and redeploying the capital to lower-risk self-storage assets. Relative to other commercial property assets, self-storage is high...
We have upgraded our fair value estimate for no-moat-rated Abacus Property Group to AUD 3.85 from AUD 3.70. The increase in our fair value is primarily due to raised assumptions for the amount of capital allocated to acquiring and developing more attractive self-storage assets. Abacus is in the early stages of exiting its higher-risk residential development activities and redeploying the capital to lower-risk self-storage assets. Relative to other commercial property assets, self-storage is high...
We have upgraded our fair value estimate for no-moat-rated Abacus Property Group to AUD 3.85 from AUD 3.70. The increase in our fair value is primarily due to raised assumptions for the amount of capital allocated to acquiring and developing more attractive self-storage assets. Abacus is in the early stages of exiting its higher-risk residential development activities and redeploying the capital to lower-risk self-storage assets. Relative to other commercial property assets, self-storage is high...
Abacus Property Group reported first-half fiscal 2019 earnings on a funds from operations, or FFO, basis of AUD 11.3 cents per security, or cps, down 18% on the previous corresponding period, or pcp. The decline in FFO is of little consequence as the pcp was buoyed by high and nonrecurring transaction profits. The first-half dividend of AUD 9.25 cps remains conservative, representing 82% of FFO. Fiscal 2019 earnings guidance was not provided, other than a reiteration of a distribution target of ...
Abacus Property Group reported first-half fiscal 2019 earnings on a funds from operations, or FFO, basis of AUD 11.3 cents per security, or cps, down 18% on the previous corresponding period, or pcp. The decline in FFO is of little consequence as the pcp was buoyed by high and nonrecurring transaction profits. The first-half dividend of AUD 9.25 cps remains conservative, representing 82% of FFO. Fiscal 2019 earnings guidance was not provided, other than a reiteration of a distribution target of ...
Abacus Property Group reported first-half fiscal 2019 earnings on a funds from operations, or FFO, basis of AUD 11.3 cents per security, or cps, down 18% on the previous corresponding period, or pcp. The decline in FFO is of little consequence as the pcp was buoyed by high and nonrecurring transaction profits. The first-half dividend of AUD 9.25 cps remains conservative, representing 82% of FFO. Fiscal 2019 earnings guidance was not provided, other than a reiteration of a distribution target of ...
The Australian residential market has deteriorated much faster than expected with prices down 10% in Sydney over the past year. Residential turnover is also down materially as the sales cycle elongates. The lower volumes appear to be predominantly due to a significant tightening in bank lending criteria, a result of the Banking Royal Commission. Other negatives for volumes are tightened macro prudential controls, increased stamp duties for overseas investors, and tightened capital controls, part...
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