Moody's Ratings (Moody's) assigned a Baa3 rating to the NZD 170 million proposed subordinated capital notes (hybrids) to be issued by Chorus Limited (Chorus). At the same time, we have affirmed the company's Baa2 issuer and backed senior unsecured ratings and (P)Baa2 backed senior unsecured medium-t...
A director at Chorus Ltd bought 13,087 shares at 8.023NZD and the significance rating of the trade was 70/100. 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 sho...
Moody's Ratings (Moody's) has affirmed Chorus Limited's (Chorus) Baa2 issuer and backed senior unsecured ratings. At the same time, Moody's has affirmed the company's (P)Baa2 backed senior unsecured medium-term note (MTN) ratings and maintained the stable outlook for all ratings. IMPORTANT NOTICE:...
Moody's Investors Service has affirmed Chorus Limited's Baa2 issuer and backed senior unsecured ratings. At the same time, Moody's has affirmed the company's (P)Baa2 backed senior unsecured medium-term note (MTN) ratings. The outlook remains stable for all ratings. "IMPORTANT NOTICE: MOODY'S RATIN...
The independent financial analyst theScreener just lowered the general evaluation of CHORUS LTD (AU), active in the Integrated Telecommunications industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered defensive. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Neutral. As of the analysis date February 8, 2022, the closing price was AUD 6.35 and it...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Chorus Limited. Global Credit Research- 02 Oct 2021. Sydney, October 02, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Chorus Limited and other ratings that are associated with the same analytical unit.
Chorus NZ delivered a good FY21 result with revenue of NZ$947m and EBITDA of NZ$649m. Fibre revenue growth was strong but not quite sufficient to offset a decline in copper revenue. We expect better gains in FY22F with more fibre connections and a c2.6% ARPU lift.
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....
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