The general evaluation of TRUWORTHS INTL. (ZA), a company active in the Apparel Retailers 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 January 18, 2022, the closing price was ZAR 57.68 an...
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....
A director at Truworths International Limited bought 30,000 shares at 50.190ZAR and the significance rating of the trade was 59/100. 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...
Truworths (JSE: TRU) results show that poor revenue growth profile is eroding operating margins and returns despite effective inventory and cost control. We believe that this is a result of Truworths' (womenswear) premium pricing, and a lack of innovation and fashion appeal in the product offer and will result in further market share loss. This will dilute TRU returns and earnings growth profile. TRU's ROIC decreased from its historic average of 36.8% (since ‘08) to 21.1% in H1'19. In this r...
The apparel retail environment locally and globally has become increasingly challenging. The systemic shift of power from the retailer to the consumer has become evident in global heavy weight results like H&M and Inditex. Growth has slowed from double digit to low single digits. The intense competition, consumers' demand for value fashion and the consumers' changing demands are what retailers contend with. Locally, weak SA consumer consumption has affected apparel retailers. The outlook turned ...
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...
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