Moody's Ratings (Moody's) has completed a periodic review of the ratings of Letshego Africa Holdings Limited and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 19 February 2025 in which we reassessed the appropriateness of the ratings...
Moody's Ratings (Moody's) has today downgraded the long-term (LT) foreign and domestic currency Corporate Family Ratings (CFR) and long-term foreign and domestic currency issuer ratings of Letshego Africa Holdings Limited (Letshego) to B1 from Ba3, and affirmed the Not Prime (NP) short-term (ST) for...
A director at Letshego Holdings Ltd sold 100,000,000 shares at 1.800BWP and the significance rating of the trade was 85/100. 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 yea...
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....
We initiate coverage of Letshego Holdings. Letshego provides consumer, microfinance and savings solutions to the financially under-served and has a broad geographical spread across Sub-Saharan Africa. At 1.0x 2017 BV and 5.6x 2017 PE, valuations do not appear challenging given our expectations for c20% average ROE over our forecast period. Industry fundamentals are supportive of the volume growth story. Sub-Saharan Africa continues to lag global financial inclusion trends, with only 43% account...
This report has been commissioned by Letshego Holdings and independently prepared and issued by Exotix Capital LLP for publication. In its conference call on 26 March, the company's management said the recent upward ROE trend is likely to be sustained, with higher volumes and better cost control likely to offset a further near-term IFRS9-driven increase in risk costs, and subsequently push convergence to the long-term target level of 25%. Top-line growth will be driven by continued customer acqu...
FINANCIAL INSTITUTIONS CREDIT OPINION 13 October 2017 Update Analyst Contacts Akin Majekodunmi, CFA 44-20-7772-8614 VP-Senior Analyst [email protected] Stelios Kyprou 357-2569-3002 Associate Analyst [email protected] Constantinos Kypreos 357-2569-3009 Senior Vice President [email protected] Jean-Francois Tremblay 44-20-7772-5653 Associate Managing Director jean-fran
FINANCIAL INSTITUTIONS CREDIT OPINION 13 October 2017 Update Analyst Contacts Akin Majekodunmi, CFA 44-20-7772-8614 VP-Senior Analyst [email protected] Stelios Kyprou 357-2569-3002 Associate Analyst [email protected] Constantinos Kypreos 357-2569-3009 Senior Vice President [email protected] Jean-Francois Tremblay 44-20-7772-5653 Associate Managing Director jean-fran
FINANCIAL INSTITUTIONS CREDIT OPINION 21 April 2017 Update Analyst Contacts Christos Theofilou, CFA 357-2569-3004 AVP-Analyst [email protected] Antypas Asfour, CFA 357-2569-3033 Associate Analyst [email protected] Constantinos Kypreos 357-2569-3009 Senior Vice President [email protected] Jean-Francois Tremblay
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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