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....
A director at Idlc Finance Ltd sold 7,918,066 shares at 0.000BDT and the significance rating of the trade was 100/100. 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 the last two years cle...
We initiate coverage on IDLC (IDLC BD), the largest non-banking financial institution (NBFI) in Bangladesh, with a target price of BDT73 (ETR 7%) and a Hold recommendation. We value IDLC using a sum-of-the-parts approach, in which we value IDLC Finance (the lending operations) at c1.9x 2019f P/B using a DCF model, while we value the other subsidiaries at 2019f book value. While IDLC is still a few steps ahead of its competition, banks such as BRAC and City appear to be catching up, making IDLCâ€...
​IDLC Finance Limited was established in 1985 and started leasing business from 1986. In 1997 it expanded its activities into “short term finance†(factoring of accounts receivables and work order financing) and “real estate financeâ€. As a leading Non banking financial institution, IDLC provides SME, Consumer and Corporate services to its clients. Besides through IDLC Investments Limited, IDLC Asset Management Limited and IDLC Securities Limited (subsidiaries of IDLC Finance Ltd) compa...
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