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 Speedcast International Ltd maiden bought 100,000 shares at 0.800AUD 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 l...
Giving Back Reporting Season Gains. Hitting Valuation Ceilings. Financials Under Pressure. The sell-off caused declines in short-positioning. Underperformance provides a little more valuation support. Domestic Economy Tracking In-Line with Our Expectations.
Reporting Season Performance. Our recently published Earnings Season Wrap highlighted concerns about the number of downgrades to FY19 earnings during the reporting period, particularly in Mining, Financials and Consumer Discretionary. Taking a Leap of Faith. ALU, WEB, SKI, SGP, CHC and SWM have seen not only strong increases in consensus EPS growth forecasts, but the strong net number of upgrades add a further layer of conviction to the outlook for these stocks. Clearing the Decks with C...
Solid Earnings Momentum Hits a Brick Wall. Downgrades following Reporting Front Running Reporting Downgrades for stocks not reporting Cost management Rather than Revenue Growth Driving Earnings Capex for Offence and Defence Holding Steady with our View.
SYDNEY--(BUSINESS WIRE)-- Speedcast International Limited (ASX: SDA), the world’s most trusted provider of remote communication and IT solutions, today announced that it won a multi-million dollar contract to provide satellite cellular backhaul services to Alpha Télécommunication Mali (ATEL), part of Planor Afrique Group, provider of the newest third-generation mobile network in Mali, Africa. Through the agreement, Speedcast will use satellite to connect all remote areas of the country to the Bamako main core infrastru...
SYDNEY--(BUSINESS WIRE)-- Speedcast International Limited (ASX: SDA), the world’s most trusted provider of highly reliable, fully managed, remote communication and IT solutions, today announced it has extended its relationship with the largest consumer of satellite bandwidth in the cruise industry, Royal Caribbean Cruise Lines (RCCL), which will be further increasing the bandwidth delivered across 37 ships. “Speedcast has been an integral part of our long-standing efforts to implement the latest connectivity solutions ...
SYDNEY--(BUSINESS WIRE)-- Speedcast International Limited (ASX: SDA), the world's most trusted provider of remote communication and IT solutions, today announced it has secured a 10-year contract with Australian government-owned infrastructure provider NBN Co to deliver enterprise-grade satellite services. Speedcast’s wholly-owned subsidiary and dedicated entity, Speedcast Managed Services, will partner with NBN Co to design, build and manage NBN Co’s enterprise satellite services. The value of the base network build and manage...
SYDNEY--(BUSINESS WIRE)-- Speedcast International Limited (ASX: SDA), the world’s most trusted provider of highly reliable, fully managed, remote communication and IT solutions, today announced that the company has been selected by an affiliate of Nabors Industries Ltd. (NYSE: NBR) (Nabors) to provide new IT communications equipment and cloud-based connectivity services to 40 land-based sites in Ecuador, Colombia, Venezuela and Argentina. Speedcast will leverage satellite Very Small Aperture Terminals (VSAT) connectivi...
SYDNEY--(BUSINESS WIRE)-- Speedcast International Limited (ASX: SDA), the world’s most trusted provider of highly reliable, fully managed, remote communication and IT solutions, announced the release of CrewReach, a new global prepaid mobile SIM card designed with crew members in mind. Powered by a Multi-IMSI global network, CrewReach provides cost-effective access to 4G and 3G data. “Weeks and months at sea without being connected to family and friends can lead to feelings of isolation and depression for the thousands...
SYDNEY--(BUSINESS WIRE)-- Speedcast International Limited (ASX: SDA), the world’s most trusted provider of highly reliable, fully managed, remote communication and IT solutions, today announced a strategic alliance with SRH Marine. The agreement redefines the management of navigation and communications across the maritime industry by providing a fully integrated shipboard solution delivered by a single supplier. “The alliance between Speedcast and SRH Marine is a giant leap forward in addressing the fragmented nature o...
SYDNEY--(BUSINESS WIRE)-- Speedcast International Limited (ASX: SDA), the world's most trusted provider of highly reliable, fully managed, remote communication and IT solutions, today announced it has completed the previously announced 100% acquisition of UltiSat in a cash transaction of up to USD 100M, payable over two years and subject to ongoing financial performance. The closing is effective as of 1 November 2017. The acquisition of UltiSat accelerates Speedcast's push into the government vertical, a global market ...
SYDNEY--(BUSINESS WIRE)-- Speedcast International Limited (ASX: SDA), the world’s most trusted provider of highly reliable, fully managed, remote communication and IT solutions, today announced that it has partnered with leading government satellite communications provider UltiSat to support emergency response and disaster recovery efforts in Puerto Rico following recent hurricanes. In times of natural disaster, satellite communications networks become the critical link to support mission critical operations when first...
SYDNEY--(BUSINESS WIRE)-- Speedcast International Limited (ASX: SDA), the world's most trusted provider of highly reliable, fully managed, remote communication and IT solutions, has been awarded a multi-year, multimillion-dollar contract with an Australian government department conducting world-class scientific and environmental research in Antarctica. Speedcast will provide the Australian Antarctic program with mission-critical and life-saving communications to the outside world. "Being chosen to provide communication...
PARIS--(BUSINESS WIRE)-- Speedcast International Limited (ASX: SDA), the world's most trusted provider of highly reliable, fully managed, remote communication and IT solutions, announced today that it has been honored as the winner of the “Strategic M&A Transaction of the Year” award for its acquisition of Harris CapRock at Euroconsult’s 14th Annual Awards for Excellence in Satellite Communications. "We are thrilled to be honored by Euroconsult for our acquisition of Harris CapRock,” said Pierre-Jean Beylier, CEO, Spee...
SYDNEY--(BUSINESS WIRE)-- Speedcast International Limited (ASX: SDA), the world’s most trusted provider of highly reliable, fully managed, remote communication and IT solutions, today announced its financial results for the six-month period ended 30 June 2017, with group revenues of USD 246.3 million, a 143% period-on-period increase. Financial Highlights Group revenues grew 143% to USD 246.3 million for the period ended 30 June 2017, while service revenues grew 165% to USD 231.9 million. ...
SYDNEY--(BUSINESS WIRE)-- Speedcast International Limited (ASX: SDA), the world’s most trusted provider of highly reliable, fully managed, remote communication and IT solutions, and Danaos Peripherals today announced a strategic alliance agreement under which the two companies will combine maritime communications with advanced application management developed by Danaos. Within 2017, the two companies will jointly release a remote and autonomous IT system on board a vessel, leveraging key technologies such as big data analytics,...
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