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....
HITACHI CHEMICAL CO.LTD. (JP), a company active in the Specialty Chemicals industry, has received a double requalification by the independent financial analyst theScreener. Its fundamental valuation is now 4 out of 4 stars while its market behaviour can be considered as defensive. theScreener believes that the gain of a star(s) and an improvement in the market risk perception allows upgrading the general evaluation to Positive. As of the analysis date October 8, 2019, the closing price was JPY 3...
Hitachi Chemical shares soared in March in reaction to reports that the Hitachi parent intended to sell its shares at a large premium. As the company comes to the end of what has been a trying FY18, analyst Joel Scheiman examines where the company stands now.
• On Apr 24 Hitachi Chemical (4217 JP) reported FY17 OP of ¥46.2bil (-13.0% YoY) and FY18 guidance of ¥59.0bil (+27.7% YoY). • OP guidance strikes us as potentially conservative. • The shares appear to offer relatively good value for a high-quality company with a reasonable strategy.
The PSA Japan Research Round-Up for the week ending February 23, 2018Contents at a GlanceThe Weekly Comment by Pelham Smithers: Pelham Smithers discusses how, while we aren’t yet at the point where underweighting Japan is proving costly, we are certainly at the point where it is a key subject of debate. Reports / Flash Notes Summaries 1. Apple iPhone Demand and Outlook ï¶ Company / Sector / Thematic Comments 1. eSports Emerging as a Significant Investment Theme 2. Sony (6758 JP): Jumanji Hits ...
Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman, William Nestuk and Thao NguyenNikkei ¥21,892.78 (+¥156.34/ +0.72%); Topix ¥1,760.53 (+¥14.36 / +0.82%); ¥/$106.85Tags: TDK (6762 JP), Nexon (3659 JP), Capcom (9697 JP), Bandai Namco (7832 JP), Nintendo (7974 JP), Konami (9766 JP), EA (EA US), Koei Tecmo (3635 JP), Honda (7267 JP), Hitachi Chemical (4217 JP), Ionic Materials (private), Toyota (7203 JP), NGK Spark Plug (5334 JP), Ohara (5218 JP), Aisin Seki (7259 JP), Denso (6902...
The PSA Japan Research Round-Up for the week ending February 16, 2018 Contents at a Glanceï¶ The Weekly Comment by Pelham Smithers: Surf’s up: Pelham Smithers considers whether we are starting to see a break in the link between the yen and the Japanese stock market.ï¶ Reports / Flash Notes Summaries 1. Mitsubishi Electric (6503 JP): FA and Infrastructure Upturn 2. Sony (6758 JP): FY17 Outlook and SoTP5ï¶ Company / Sector / Thematic Comments 1. Sony (6758 JP) Surprises, Irritates with Peter Ra...
PSA Today Jan 31: Japan Market Comment by Pelham Smithers, Joel Scheiman, Julie Boote and William Nestuk Nikkei ¥23,098.29 (-¥193.68 / -0.83%); Topix ¥1,836.71 (-¥21.42/ -1.15%); ¥/$108.62Tags: Fujifilm (4901 JP), Fuji Xerox, Xerox Corp (XRC US), Murata (6981 JP), Broadcom (AVGO US), Capcom (9697 JP), Hitachi Chemical (4217 JP), Mazda (7261 JP), Alpine (6816 JP), Clarion (6796 JP), Hitachi (6501 JP)Main Points at a Glance • Weak markets continue • Huge sell-off in Fujifilm on Fuji Xerox / Xerox ...
Hitachi Chemical (4217) FY17 H1 Comment – Unfortunate Downward Revision Likely Seen as a One-Off Key Points In an earnings season where upward revisions have prevailed, Hitachi Chemical’s downward revision comes as a negative surprise. The reason for the ¥7.0bil revision to OP guidance (IFRS accounting) is provisioning of approximately ¥10bil for pricing cartel activities in auto condensers by Hitachi Automotive Systems. The possibility of this write-down has been around since 2013, so it is...
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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