GS YUASA (JP), a company active in the Electrical Components & Equipment industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 3 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the a...
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....
Japan Market Comment by Pelham Smithers, Julie Boote and Joel Scheiman Nikkei ¥21,724.47 (-¥343.77 / -1.56%); Topix ¥1,740.20 (-¥28.04 / -1.59%); ¥/$106.84 Tags: Takeuchi Mfg (6432 JP), Daifuku (6383 JP), Daikin (6367 JP), Start Today (3092 JP), iStyle (3660 JP), Spotify (pvt.), Sony (6758), Apple (AAPL US), Google (GOOGL US), ABC, CBS (CBS US), Fox (FOX US), NBC, Bosch, GS Yuasa (6674 JP), Mitsubishi Corp. (8058 JP), SEEO, Mitsubishi Motors (7211 JP), Nissan (7201 JP), Panasonic (6752 JP),...
Key Points Organic growth accounts for only 2-3% or roughly a quarter of management’s 11% YoY sales growth guidance for FY17. The acquisition of Panasonic’s (6752) lead acid battery business from H2 FY16 comprises 60-65% of FY17 guidance growth – just over ¥7bn of the ¥12.4bn increase in FY17 Q1 sales came from the Japan Panasonic lead acid battery business (China Panasonic business is consolidated from FY17 Q3), with half of the remaining growth from the weak yen; A conservative exchange...
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