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....
Manutencoop, the Italian cleaning company, reported mixed 3Q16 results. Sales fell again by 4% yoy to €208m after a stable 2Q16 performance. The relapse is a clear illustration of the lack of dynamism of the Italian market. The decline stems mainly from private clients (26% of sales) and public buildings (24%), down 17% and 11% respectively. In contrast, healthcare (50%) sustains its momentum, showing impressive 10% growth following 11% last quarter. Company’s efforts are concentrated...​
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