A director at Charter Hall Group bought 3,075 shares at 16.272AUD and the significance rating of the trade was 55/100. 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 cle...
Summary Vicinity Centres Re Ltd - Company Profile and SWOT Analysis, 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 Vicinity Centres Re Ltd (Vicinity) is a retail real estate investment trust (REIT). It owns and manages shopping centers. The company also carries out the development and investment of retail pr...
Summary Marketline's Vicinity Centres Re 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 Vicinity Centres Re Limited - Mergers & Acquisitions (M&A), Partnerships & Alliances since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Allia...
The independent financial analyst theScreener just lowered the general evaluation of CHARTER HALL GROUP (AU), active in the Real Estate Investment Trusts 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 March 29, 2022, the closing pr...
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....
Global equities rallied by 3.0% after the US and China announced they were close to formalising a trade deal. Emerging markets rallied strongly, with the global EM index up by 7.5% supported by strong gains in Argentina (21%), China B (8.4%), Russia (7.7%), Brazil (6.8%) and China A (6.2%). Consumer Staples (-8.1%), Communication Services (-7.8%), Property (-4.8%) led the declines, while Materials (1.5%) and Utilities (0.8%) were the only sectors to gain ground. The biggest hurdle for invest...
The ASX 200 fell by 0.4% and underperformed global markets after several strong months of outperformance and earnings downgrades. In net terms the market was upgraded, although this was mainly because there were less downgrades than normal and not because analysts were becoming more positive on the earnings outlook. IT (-3.9%), Financials (-2.8%), Consumer Staples (-2.2%) and Materials all underperformed. Australia remains expensive with the earnings bar now lowered to a level more achieva...
Narrow-moat Charter Hall Group remains overvalued despite the increase in fiscal 2019 operating earnings growth guidance to 24%, from the previous range of 14% to 17% growth. Considering the fiscal year has already ended, guidance is unlikely to be changed again before the formal financial result is announced next month. We have therefore increased our fiscal 2019 earnings forecasts accordingly. However, we’ve maintained our earnings forecasts beyond fiscal 2019 and our fair value estimate at ...
Charter Hall Group is an Australian REIT, offering a stapled security comprising a unit in the trust and a share in the management company. Income is predominantly annuity-style, with about 60% sourced from rental income from investments in various Charter Hall-managed listed and unlisted property funds. About 40% of income comes from funds-management services, and Charter Hall has over AUD 28 billion of assets under management in listed and unlisted wholesale property funds. Charter Hall also g...
Narrow-moat Charter Hall Group remains overvalued despite the increase in fiscal 2019 operating earnings growth guidance to 24%, from the previous range of 14% to 17% growth. Considering the fiscal year has already ended, guidance is unlikely to be changed again before the formal financial result is announced next month. We have therefore increased our fiscal 2019 earnings forecasts accordingly. However, we’ve maintained our earnings forecasts beyond fiscal 2019 and our fair value estimate at ...
We have maintained our earnings forecasts and fair value estimate for narrow-moat rated Charter Hall Group at AUD 6.80 per share following its takeover offer for Australian Unity Office Fund, or AOF. At the current market price of AUD 10.55, we continue to believe the shares are significantly overvalued. Charter Hall has already acquired 19.9% of AOF through a joint venture with Abacus Property Group at AUD 2.95 per unit, costing AUD 96 million. The joint venture has also made an offer for the ...
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