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....
SQMI’s mine in Ciemas, Sukabumi has sizeable gold reserves of 810,400toz with 7.7g/t average gold grade, which is of a higher grade than that of other Indonesian gold producers. Despite underground mining and carbon-in leach methodology, SQMI has attractive all-in sustaining cost at around US$547/toz, or 16% below peers’ average. The mine is expected to start operations in 2Q20. SQMI’s current EV/reserves is only 0.4x and 77% below peers’.
GREATER CHINA Results Sands China (1928 HK/BUY/ HK$37.40/Target: HK$51.00): 4Q19: In line but outlook uncertain due to coronavirus. INDONESIA Small/Mid Cap Highlights Wilton Makmur Indonesia (SQMI IJ/NOT RATED/Rp284): High-grade gold operation, low valuation. MALAYSIA Results Bursa Malaysia (BURSA MK/HOLD/RM5.68/Target: RM5.64): 4Q19: Results in line; upgrade to HOLD as we believe the cautious market sentiment has largely been priced in. Update Gamuda (GAM MK/HOLD/RM4.00/Target: RM3.73): Ligh...
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...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.