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....
The independent financial analyst theScreener just requalified the general evaluation of TED BAKER (GB), active in the Apparel Retailers industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Negative. As of the analysis date February 23, 2021, the closing price was GBp...
A director at Ted Baker sold 13,400 shares at 115p and the significance rating of the trade was 51/100. 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 showing Cl...
Investors have become used to a strong top-line performance by Ted Baker, but recent interim results show that the company is also delivering margin expansion and solid cash generation. This is a result of a sound investment and expansion strategy as well as good management, and should give investors increased confidence in consensus forecasts. Growth opportunities remain (particularly in Asia) but the company is not immune from the macro-economic and geopolitical headwinds that affect the secto...
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...
Ted Baker’s H115 results were ahead of consensus. Our investment thesis predicated on sales growth and brand momentum in international markets remains intact. We continue to believe Ted can increase margins in the long run and that management’s strategy for careful, measured growth is reaping rewards. We retain our fair value target of 2,200p.
Ted Baker’s H115 results were ahead of consensus. Our investment thesis predicated on sales growth and brand momentum in international markets remains intact. We continue to believe Ted can increase margins in the long run and that management’s strategy for careful, measured growth is reaping rewards. We retain our fair value target of 2,200p.
Ted Baker (Ted) has fallen 23% ytd and we believe its attractive growth profile is now being mispriced by the market. Ted has a long runway for expansion in North America and Asia, as well as growth in Europe. There is potential for meaningful margin expansion, and we believe management has made good capital allocation decisions with a long-term mind-set. We initiate with a fair value of 2,200p, implying 25% upside.
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