Four Directors at SPDI Secure Property Development & Investment bought 7,259,902 shares at 4.48p. The significance rating of the trade was 73/100. 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...
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....
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...
The past three months have seen substantial progress in SPDI’s strategy for cash-generative growth and diversification of its property portfolio within the South-East Europe region. It has completed the acquisition of c US$20m of income producing assets, with a further US$20m due to complete imminently. Subject to that last completion, these three transactions (two in Romania and one in Greece) should more than double annualised net operating income from the 2013 level to c US$7.5m. The emerge...
Secure Property (SPDI) is focused on growing operating cash flow by acquiring commercial and industrial properties in South-East and Eastern Europe, with strong tenants and at attractive prices. Future capital gains are a prospect. The May acquisition of a logistics centre in Romania and additional acquisitions expected by management in the near term (our forecasts assume c US$30m) are leveraging equity raised in 2013 with new debt; a full-year contribution from these should significantly increa...
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