reports
RESILIENT REIT LTD sees an upgrade to Positive due to a better fundame...
The general evaluation of RESILIENT REIT LTD (ZA), a company active in the Real Estate Holding & Development industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 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 March 29, 2022, the closing price...
1 director sold
A director at Resilient Property Income Fund Limited sold 172,778 shares at 55.500ZAR and the significance rating of the trade was 97/100. 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 th...
- Daniel King
Resilient | NEPI Rockcastle | Fortress REIT A new growth path
NEPI Rockcastle (NRP) recently reported results for the HY through June 2018, while Resilient REIT (RES) and Fortress REIT (FFA/B) reported for the full year. In this note we assess the earnings outlook for each business in the context of a higher cost of equity across the Group, as well as the impact of material balance sheet changes at RES and FFA/B. We analyse the NAV of each counter under various scenarios in order to support our overall valuation assessment, underpineed by a dividend isc...
- Daniel King
Fortress REIT / Resilient REIT | Taking bitter pills
Fortress reported HY'18 results which were in line with the latest trading statement and prior market guidance. A decline in FFB's share price overshadowed the company's positive earnings update, as was the case with Fortress' sister company, Resilient. After the recent update on the restructuring of Siyakha trusts, we analyse the impact on distributable income and the balance sheet of both companies. We estimate that post the restructuring of Siyakha (at market value), Fortress will have an LT...
Avior ESG,EOH,MTN,Resilient, Steinhoff | Corporate Governance in SA - ...
A number of destructive events in SA's recent corporate history could be attributed to failures in corporate governance. In spite of a world class framework, as formalised by the King Codes on Corporate Governance, local companies continue to test the boundaries of best practice. In this report we assess recent governance failures, and attempt to draw conclusions around the shortcomings that may have given rise to such value destruction. In our view, one of the key themes to emerge in the wake...
- Daniel King
Resilient | Finding Normal
Resilient (RES) reported HY'18 DPS of 306.46 cents (+13.4% y/y), in line with the trading statement and expectations. Despite the stellar update, the results were overshadowed by the immense share price pressure on Resilient and its associated companies due to a sustained period of speculation, culminating in the circulation of a research document prepared by an established South African hedge fund manager.In our view, an investigation by the responsible regulatory authority is necessary to brin...
Ford Equity International Rating and Forecast Report
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...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.