A director at Sims Limited bought 3,700 shares at 10.951AUD and the significance rating of the trade was 66/100. 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 s...
NEW YORK--(BUSINESS WIRE)-- (), chef de file mondial de la durabilité et facilitateur de l’économie circulaire, annonce aujourd’hui son entrée dans la . Créée par le fournisseur mondial d’indices et de données FTSE Russell, la FTSE4Good Index Series est conçue pour mesurer la performance des entreprises démontrant de solides pratiques environnementales, sociales et de gouvernance (ESG). Les indices FTSE4Good sont utilisés par un large éventail d’acteurs du marché pour créer et évaluer des fonds d’investissement responsables et d’autres produits. Les évaluations de FTSE Russell se basent sur...
NEW YORK--(BUSINESS WIRE)-- (), a global leader in sustainability and an enabler of the circular economy, announced today that it has been included in the . Created by the global index and data provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indexes are used by a wide variety of market participants to create and assess responsible investment funds and other products. FTSE Russell evaluations are based on performance in areas such as Corporate Governa...
The independent financial analyst theScreener just allocated a lower risk rating to SIMS (AU), active in the Steel industry. As regards its fundamental valuation, the title still shows 3 out of 4 possible stars. Its market behaviour, however, has slightly improved and can be qualified as moderately risky. theScreener considers that these elements merit an overall rating upgrade to Neutral. As of the analysis date February 22, 2022, the closing price was AUD 18.36 and its expected value was estim...
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....
Summary AK Steel Holding Corp - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights AK Steel Holding Corp (AK Steel) is an integrated manufacturer of flat-rolled carbon, stainless and electrical steels, and tubular products. It also provides carbon and stainless steel t...
Summary Marketline's Arrium Limited Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Arrium Limited since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and ino...
No-moat-rated Sims’ recently revised strategy includes some promising elements. However, we question whether its scrap metals strategy, which will see North American ferrous volumes increase by 40% and non-ferrous volumes double over the coming six years, can deliver value for shareholders. But with much of the new strategy guiding long-term direction, our earnings estimates are unchanged. Therefore, we retain our fair value estimate of AUD 10.10 per share and our no-moat and high uncertainty ...
No-moat-rated Sims’ recently revised strategy includes some promising elements. However, we question whether its scrap metals strategy, which will see North American ferrous volumes increase by 40% and non-ferrous volumes double over the coming six years, can deliver value for shareholders. But with much of the new strategy guiding long-term direction, our earnings estimates are unchanged. Therefore, we retain our fair value estimate of AUD 10.10 per share and our no-moat and high uncertainty ...
No-moat-rated Sims’ recently revised strategy includes some promising elements. However, we question whether its scrap metals strategy, which will see North American ferrous volumes increase by 40% and non-ferrous volumes double over the coming six years, can deliver value for shareholders. But with much of the new strategy guiding long-term direction, our earnings estimates are unchanged. Therefore, we retain our fair value estimate of AUD 10.10 per share and our no-moat and high uncertainty ...
No-moat Sims Metal’s delivery of AUD 110 million in underlying EBIT in first-half fiscal 2019 was a foredrawn conclusion, having announced the result. While ferrous pricing was favourable, weak zorba prices which have fallen near 40%, led to a less positive second quarter. While Sims sees some improvement thus far in the second half, our outlook remains unchanged with full-year EBIT AUD 202 million expected. We retain our longer-term bearish view on scrap prices and continue to expect operatin...
No-moat Sims Metal’s delivery of AUD 110 million in underlying EBIT in first-half fiscal 2019 was a foredrawn conclusion, having announced the result. While ferrous pricing was favourable, weak zorba prices which have fallen near 40%, led to a less positive second quarter. While Sims sees some improvement thus far in the second half, our outlook remains unchanged with full-year EBIT AUD 202 million expected. We retain our longer-term bearish view on scrap prices and continue to expect operatin...
No-moat Sims Metal’s delivery of AUD 110 million in underlying EBIT in first-half fiscal 2019 was a foredrawn conclusion, having announced the result. While ferrous pricing was favourable, weak zorba prices which have fallen near 40%, led to a less positive second quarter. While Sims sees some improvement thus far in the second half, our outlook remains unchanged with full-year EBIT AUD 202 million expected. We retain our longer-term bearish view on scrap prices and continue to expect operatin...
Weak pricing for Zorba, a mixed, nonferrous scrap metal product, and soft sales volumes into China and Turkey impacted no-moat Sims Metal in the second quarter of fiscal 2019. Sims now expects to reveal first-half group EBIT of AUD 110 million next month. Second-quarter fiscal 2019 earnings are expected to be around 25% below the approximate AUD 63 million Sims achieved in the first quarter. With headwinds from Zorba pricing and Turkish ferrous volumes unlikely to abate near term, we reduce our ...
Weak pricing for Zorba, a mixed, nonferrous scrap metal product, and soft sales volumes into China and Turkey impacted no-moat Sims Metal in the second quarter of fiscal 2019. Sims now expects to reveal first-half group EBIT of AUD 110 million next month. Second-quarter fiscal 2019 earnings are expected to be around 25% below the approximate AUD 63 million Sims achieved in the first quarter. With headwinds from Zorba pricing and Turkish ferrous volumes unlikely to abate near term, we reduce our ...
No-moat Sims Metal’s revised guidance disappointed the market, but tracks our long-term thesis for the firm. We retain our fair value estimate of AUD 10.10 per share, in spite of the near-term downgrade. Management lowered first-quarter fiscal 2019 EBIT guidance to a range of AUD 58 million to AUD 63 million, down from a previous AUD 73 million. The downgrade relates to soft performance from Sims' joint venture associate, SA Recycling, or SAR, which is now expected to deliver AUD 10 million to...
No-moat Sims Metal’s revised guidance disappointed the market, but tracks our long-term thesis for the firm. We retain our fair value estimate of AUD 10.10 per share, in spite of the near-term downgrade. Management lowered first-quarter fiscal 2019 EBIT guidance to a range of AUD 58 million to AUD 63 million, down from a previous AUD 73 million. The downgrade relates to soft performance from Sims' joint venture associate, SA Recycling, or SAR, which is now expected to deliver AUD 10 million to...
Reporting Season Performance. Our recently published Earnings Season Wrap highlighted concerns about the number of downgrades to FY19 earnings during the reporting period, particularly in Mining, Financials and Consumer Discretionary. Taking a Leap of Faith. ALU, WEB, SKI, SGP, CHC and SWM have seen not only strong increases in consensus EPS growth forecasts, but the strong net number of upgrades add a further layer of conviction to the outlook for these stocks. Clearing the Decks with C...
FY18 reporting season was solid with 56% of stocks reporting either better-than-expected or in line underlying earnings. Growth has again outperformed Value in Line with our Expectations. Lean pickings for Value Hunters. Costs pressures on the Rise. Acquisitions driving earnings growth. Capital Management was delivered mostly via special dividends
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