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....
A director at Action Hotels bought 9,715,463 shares at 23p and the significance rating of the trade was 70/100. 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 clearly sh...
We note the announcement released this morning by Action Hotels confirming trading for 2017E to be broadly in line with expectations at the revenue and EBITDA level, while higher than expected interest and depreciation charges have resulted in a materially higher than expected loss before tax. The group has also confirmed a reduction in the dividend of c.62% reflecting a preference to utilise cash resources for development needs. The hospitality market in the Middle East has continued to experie...
We note the announcement released this morning by Action Hotels providing an update on trading conditions and providing details of a rent waiver the company has signed with a significant shareholder. The hospitality market in the Middle East is currently experiencing static economic conditions which have negatively impacted RevPAR (price driven). The company has been proactive in addressing the weakened trading performance and have negotiated a rent waiver which will deliver a $1.2m cost reducti...
We note the announcement released this morning by Action Hotels providing an update on trading conditions and providing details of a rent waiver the company has signed with a significant shareholder. The hospitality market in the Middle East is currently experiencing static economic conditions which have negatively impacted RevPAR (price driven). The company has been proactive in addressing the weakened trading performance and have negotiated a rent waiver which will deliver a $1.2m cost reducti...
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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