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....
TIM PARTICIPAÇÕES S.A.: Filing of annual report on Form 20-F for the year ended in December 31, 2020 RIO DE JANEIRO, Brazil, April 30, 2021 (GLOBE NEWSWIRE) -- TIM S.A. (“Company”) (B3: TIMS3; NYSE: TIMB) hereby informs its shareholders and the market in general that it has filed its 2020 annual report (“Form 20-F”) for the calendar year ended December 31, 2020 with the U.S. Securities and Exchange Commission ("SEC"). The Form 20-F is available for download on the Company's Investor Relations website, /ir, and, in addition, shareholders may receive a hard copy of the Form 20-F and the co...
The independent financial analyst theScreener just slightly lowered the general evaluation of TIM PARTICIPACOES SA (BR), active in the Mobile Telecommunications industry. The title has lost a star(s) at the fundamental level and now shows 2 out of 4 stars. Its exposure to market risk remains nonetheless the same and can be still described as defensive. theScreener slightly downgrades the general evaluation to Slightly Positive for the title on account of the lost star(s). As of the analysis date...
TIM PARTICIPAÇÕES S.A.: Filing of annual report on Form 20-F for the year ended in December 31, 2019 RIO DE JANEIRO, Brazil, April 30, 2020 (GLOBE NEWSWIRE) -- TIM Participações S.A. (“Company”) (B3:TIMP3) (NYSE:TSU) hereby informs its shareholders and the market in general that it has filed its 2019 annual report (“Form 20-F”) for the calendar year ended December 31, 2019 with the U.S. Securities and Exchange Commission ("SEC"). The Form 20-F is available for download on the Company's Investor Relations website, /ir, and, in addition, shareholders may receive a hard copy of the Form 20-...
We hosted TIM Brasil’s CEO Pietro Labriola, CFO Adrian Calaza, and CTO, Leonardo Capdeville last week for a Virtual Roadshow. Focus was on the relatively defensive nature of the business under current Covid-19 conditions and the Oi deal.
TIM reported Q4 results after close on Tuesday. Service revenue trends accelerated from 2.9% y/y in Q3 to 3.2% (NSRe 3.6%, consensus 3.5%; the slight miss here coming on interconnect and "other" service, while core outbound revs accelerated) while EBITDA beat consensus by 2%, with growth of 8.0% compared to 6.9% in Q3 (NSRe at 7.1%, consensus at 6.0%).
TIM, a 67%-owned subsidiary of Telecom Italia, is one of the largest wireless carriers in Brazil, claiming about 25% market share based on customers served. Despite its size, we believe the firm is at a disadvantage to Telefonica’s Vivo, America Movil, and, to a lesser extent, Oi. These three rivals own extensive fixed-line networks, allowing them to cross-sell wireless and fixed-line services, especially broadband Internet. TIM is building a fixed-line presence, but this effort remains small,...
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