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 Wpp Aunz Limited bought 420,000 shares at 0.235AUD and the significance rating of the trade was 71/100. 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 clea...
The independent financial analyst theScreener just slightly lowered the general evaluation of WPP AUNZ LTD. (AU), active in the Media Agencies industry. As regards its fundamental valuation, the title confirms its rating of 3 out of 4 stars while its market behaviour remains unchanged and can be qualified as defensive. However, a marginally less favourable environment forces theScreener to downgrade slightly the title, which now shows an overall rating of Slightly Positive. As of the analysis da...
>Disposal of a 20% stake in the group's activities in China? - According to the Sky News website, WPP is in talks to dispose of 20% of the capital of its Chinese activities to a consortium consisting of Chinese groups Tencent and Alibaba and the CMC investment fund (China Media Capital). These activities are reportedly valued at between £ 1.5bn-1.9bn and the disposal of WPP's stake would therefore bring in £ 300m-380m. This deal would allow WPP to continue deleveragin...
>Cession de 20% du capital de ses activités en Chine ? - Selon le site de Sky News, WPP serait en discussions pour céder 20% du capital de ses activités chinoises à un consortium regroupant les groupes chinois Tencent et Alibaba et le fonds CMC (China Media Capital). La valorisation du pôle serait comprise entre 1,5 et 1,9 Md£ et permettrait donc à WPP d’obtenir entre 300 et 380 M£. Cette opération permettrait à WPP de poursuivre son désendettement, et de nouer un acc...
>Interpublic announced the acquisition yesterday of the data subsidiary of Acxiom (Nasdaq listed) for $2.3bn. - This is an interesting move as it is the first since the change in Facebook’s confidentiality policy and the introduction of the European GDPR regulation. It confirms a consolidation wave in the data field. The transaction shows a multiple of 11.5x EBITDA (vs. ~8x for the agencies), reflecting the appeal of this segment for the agencies. However, we do not s...
>Interpublic a annoncé hier l’acquisition de la filiale de données d’Acxiom (coté au Nasdaq) pour 2,3 Md$ - Cette acquisition est intéressante car elle est la première depuis les changements de politique de confidentialité de Facebook et la mise en place de la réglementation européenne GDPR. Elle confirme une vague de consolidation dans le domaine de la donnée. L’opération fait ressortir un multiple de 11,5x l’EBITDA (vs ~8x pour les agences), reflétant l’attractivité...
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