The independent financial analyst theScreener just lowered the general evaluation of SMC (JP), active in the Industrial Machinery industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date January 21, 2022, the closing price was JPY 65,610.00 ...
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....
Add exposure to cyclicals Our positive outlook on global equities (both the MSCI ACWI and ACWI ex-US) remains intact and we believe a “buy the dip†strategy is warranted. We recommend taking advantage of recent weakness -- where applicable -- by adding exposure to cyclical Sectors. • Actionable Sectors: Consumer Discretionary and Manufacturing. Today's recommendations focus on autos, auto parts, and machinery which span the Discretionary and Manufacturing Sectors. We initially recommend...
Analyst William Nestuk rates SMC primarily for its emphatically high global market share of 36% in automation pneumatics. SMC’s global dominance in the high-margin semiconductor-related business is a further positive, as the current global upswing in semiconductor demand and next-gen profits continues to provide a boost to profits and market share.
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...
SMC’s strategy of expanding global market share is impacting short-term margins. Global market share reached 34% in 2015 based on a ¥120/USD exchange rate, with market share higher if a stronger yen rate is employed. We see above plan sales for FY16 on firm Asia demand, but below plan margins on the strong yen plus rising fixed costs which include an ever-expanding salesforce. Management concisely summarises its somewhat disappointing FY15 as having had a strong Q1 followed by an Asia slowdown ...
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