A director at Ujjivan Financial Services Ltd maiden bought 10,000 shares at 197.576INR and the significance rating of the trade was 68/100. 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 t...
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....
In Dec 2019, Ujjivan Small Finance Bank (USFB IN) raised around US$105m in its Indian IPO. USFB is the small finance banking arm of Ujjivan Financial Services (UJJIVAN IN). Ujjivan doesn't own much apart from USFB but yet it trades at a 40.5% discount. Since my previous note on the trade Ujjivan stock is up 8% while USFB has been trading flat after the initial IPO pop of 50% on its listing day. Ujjivan still owns a 83.33% stake in USFB but needs to bring it down to below 40% by Jan 2022. We sp...
Ujjivan Financial Services (UJJIVAN IN) plans to list its small finance bank, Ujjivan Small Finance Bank (USFB). USFB aims to raise around US$105m of new capital through the issue. Post the commencement of operations of the SFB, Ujjivan transferred most of its assets and operations to the SFB. It's now being made to list the SFB to comply with the regulatory requirements of listing the SFB within three years of operations, i.e. on or before the end of Jan 2020. I had earlier covered Ujjivan's ...
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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