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....
​German cable operator, Unitymedia reported strong preliminary results which were in line with our expectations. Revenue was up 4.8% to €568m while EBITDA grew by 7.2% to €366m.UnityMedia provides higher internet speed than its main competitor –Deutsche Telecom. We believe that it can leverage on that to increase pricing with limited churn. Indeed, in spite of the price increases implemented on a significant part of its footprint in 1Q16, the customer base remained broadly stable...
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