The general evaluation of WPG HOLDINGS (TW), a company active in the Semiconductors industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date March 8, 2022, the closing price was TWD 55.60 and its pot...
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...
​Stock trading: Share price has not done much since the ex-div season, and it will likely continue to consolidate within a relatively narrow range, in our view. We reiterate that in general, we like the distributor sector as we believe it will outgrow the semi industry cycle after cycle, and WT Micro (3036 TT, BUY) remains as our sector top-pick. We forecast WPG will post 5% YoY top-line growth this year, which is lower than its peers, but at the same time, one has to give credit for its 13% Y...
​ WPG’s GM improved in 1Q16 off a low base, which is a plus. But on a full-year basis, GM will be largely flat YoY, so there is not much operating leverage unless top-line growth can surprise on the upside. Meanwhile, mgmt emphasized on its new opportunities in IoT, which could be encouraging in the long-run, but given WPG’s large revenue base, it could take a while before IoT starts making a meaningful contribution. In sum, we forecast its top-line and operating profit to grow by a single...
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