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....
SafeCharge: (BUY, Fair Value 380p (+24%)) Strong set of H1 earnings, positive outlook, and attractive valuation Safecharge’s H1 18 earnings were above expectations both for revenues and adjusted EBITDA, with good momentum in revenues and transaction processing volumes, driven by new customer wins. The group slightly precised its FY 2018 guidance, namely revenues “at the top-end†of USD125-130m range and adjusted EBITDA still at USD36-38m (BG USD127.0m and USD37.5m; cons. USD128.1m and USD3...
The MSCI ACWI advanced to another new high yesterday - to levels not seen since mid-March - as global markets have shrugged off the Italian political situation. Both the U.S. and Emerging Markets are leading the move to new highs (more on EM later). While potential resistance levels exist, these recent developments only improve on our already positive outlook... see charts below. • Major themes: Opportunities within Technology and Real Estate. Global Technology stocks are breaking out to new ...
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