A director at Comp SA sold 7,930 shares at 175.000PLN and the significance rating of the trade was 75/100. 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 years clearly showin...
Comp is No 1 in fiscal equipment in Poland and Hungary and No 1 in IT security solutions in Poland. Its new product, the modular cloud-based digital services platform M/Platform, which is being connected to its online fiscal devices, should allow it to increase profitability significantly in the coming years.
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....
Headlines Conferences calendar … 2 Large-cap companies news … 3 PGNiG: US$ 1.5 billion of compensation from Gazprom returned to PGNiG Dino: Agreement with Krot Invest prolonged for a next 5 years period PKN Orlen: 2Q20 publication date changed Lotos: PLN 1.0 per share dividend from FY19 profits accepted by AGM JSW: No dividend from FY19 profits accepted by AGM Pekao: New head of PR PKO BP: Insurance premium expected to grow by 1.5 billion in 5 year business plan Alior: Restructuring pr...
Headlines Large-cap companies news Tauron: Contract with PGG to be renegotiated PZU: Ratings outlook dropped to stable ING BSK: Fitch upgrades ratings Kruk: 1Q20 financial report to be released later Banks: Banks tighten lending policies Banks: Demand for mortgage loans Banks: Data for penetration of mobile banking Banks: Press on tightening of lending policies Banks: Leasing slows down Small- and mid-cap companies news Erbud: 4Q19 results released. Ronson: Strong 1Q20 pre-sales. I...
Headlines Large-cap companies news Play: 4Q19 results’ forecast + what may be the impact of the upcoming release of management’s FY20 guidance? Dino: 4Q19 results’ forecasts – strong profits expected Azoty, PuÅ‚awy, Police: 4Q19 results preview – poor EBITDA on weak fertilizer volumes Lotos: Refining production slate for December revealed JSW: Operating figures for 4Q19 revealed Alior: Changes in the management board Alior: Management board member on strategy Banks: Delays in CHF mortga...
Headlines Large-cap companies news ING BSK: 4Q19E results – lower costs and impairment charges drive results PKN Orlen: Searching for technical advisor concerning wind farm project Banks: Press on deposits trends Banks: BIK data for December Banks: Pocztowy with PLN 11 million provisions for consumer lending Small- and mid-cap companies news Comarch: 4Q19 financial results’ forecast – yoy hike in profits? VRG: The Company’s management outlook Mercor: Value of orders collected in Decemb...
• We are positive about stock markets. Stocks ↑ • WIG > EM > SPX > EuroStoxx • The global economic cycle is close to the inflection point. • Central banks’ policy will support risky assets. • GPW is in the ‘risk search’ phase and a wave of optimism may have a dynamic impact on multiple re-rating. • The most important topic for 2020 on the GPW will be a significant increase in the capacity of domestic investors to purchase stocks. Inflows should send valuations up. • Poland:...
Polish Equities Monthly: December 2019 2020 equity strategy At a critical junction The US equity market is, in our view, at a crossroads at the moment. Whereas some of the economic leading indicators (UST curve, industrial production, ISM manufacturing PMI, US corporate profit margins), historically doing decent job in signaling stock market peaks, explicitly imply risk of looming change in the cyclical trend in US equities, the other key ones (ISM non-manufacturing PMI, trend in initial jobl...
Headlines Large-cap companies news KGHM: Production and sale volumes for October Lotos, Azoty: Letter of intent regarding the financing of PDH projects extended to December 6 PKN Orlen: Merger process with Lotos is going according to plan? CD Projekt: Analysts’ call takeaways PGE: New project with Orsted? Eurocash: Parcel collection deal negotiated with Polish Post? Utilities: Power price increases likely to be lower than demanded by Polish utilities Banks: Deteriorating quality of the ...
It is worth paying attention to... FINANCIALS + PEO / BHW: We recommend going overweight on banks with high dividend, for which the current DY exceeds 6%. In the scenario of no events in the sector depleting the Bank Guarantee Fund’s funds, these banks should be beneficiaries of the change in the structure of contributions for the next year. In the long run, they may strengthen their position in the sector if the CHF risk becomes large. (Maciej Marcinowski, p. 34/26) + PZU: The Management Boa...
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