The independent financial analyst theScreener just awarded an improved star rating to NANYA TECHNOLOGY (TW), active in the Semiconductors industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 4 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date February 8, 2022, the closi...
It has been nine years since a downturn generated sizable losses for the semiconductor industry and 12 years since the Lehman Crisis led to major structural changes. The length and size of the upcycle has led to worries that the cycle is about to peak and when it does, the downturn could be brutal for both the industry and investors. The current uncertainty is heightened by shortages in many types of semiconductors, with average delivery times pushed out to 20 weeks. Some customers are having to...
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....
Add exposure to Technology, Communications We view weakness over the past week as correcting a significant amount of the excess optimism that was baked-in to global equities. As a result, we recommend taking advantage of the pullback by adding exposure to our favorite areas - namely Technology. Our overall outlook on global equities (both the MSCI ACWI and ACWI ex-US) remains positive and we continue to expect higher equity prices going forward. • Index overviews: MSCI ACWI ex-US, MSCI EM, ...
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...
​Nanya Tech (NTC) hosted its 1Q16 results analyst meeting, and the company delivered EPS of NT$0.7 in 1Q16, which was not bad. Although the visibility for the overall tech industry is limited, both NTC and Hynix hold a rather positive on the market outlook, especially towards the 2H of this year. Meanwhile, NTC has strengthened its balance sheet, and the market expects its EPS to reach around NT$12 this year (vs. NT$7 in 2015), with a dividend yield of 7.5%.
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