Templeton Global Growth Fund Limited (TGG) - Research

$1.255 0.005 (0.40%)

TGG General Information +

ASX Code TGG
Website http://www.tggf.com.au
GICS Sub-Industry Other Diversified Financial Services
Market Cap ($M) N:A
Current Price $1.255
Day High $1.255
Day Low $1.250
Last Close $1.250
Price Movement $0.00 ( 0.40% )
Prices as at 16:40, 23 Jul 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

Recommendation


Templeton Global Growth Fund Limited (TGG)
BUY
below
HOLD
up to
SELL
above
Current Price
$1.255 as at 16:40, 23 Jul 2019

Price at review
$1.255 on 02 Aug 18

Business Risk

Share Price Risk

TGG Related Research

TGG Company Overview

Business Description

Templeton Global Growth Fund Limited (TGG) is an investment company focusing on equity securities listed on international stock exchanges. TGG operates under an Australian Financial Services licence, using MSCI All Countries World Index as its benchmark. Franklin Templeton Investments Australia Ltd is TGG's investment manager.

TGG Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2018 A 3.54 1.60 0.00% 88.40 8.00 5.80% 100.0%
2017 A 3.66 1.60 3.30% 78.70 4.50 3.60% 100.0%
2016 A 3.78 1.50 -6.20% 81.40 4.50 3.60% 55.6%

TGG Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2016 A 2017 A 2018 A 2016 A 2017 A 2018 A 2016 A 2017 A 2018 A
AMP Limited (AMP) $5,289M -0.9035 5.1918 -0.1001 56.4465 9.1163 10.1298 7.80% 5.44% 5.52%
Challenger (CGF) $4,147M -0.1810 0.1585 -0.0626 12.6140 10.8881 11.6156 5.24% 4.90% 4.88%
Templeton Global (TGG) $268M 0.0000 0.0000 0.0000 79.9363 0.0000 0.0000 6.37% 0.00% 0.00%

TGG Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.43 79.60 0.84 0.00
Market 0.65 14.70 1.18 1.04
Sector 0.95 13.90 1.04 2.41

TGG Directors

Name Position Start Date
Mr Gregory E McGowan Non-Executive Director 4 Jan 1999
Mr Martin F Warwick Non-Executive Director 1 Jul 2014
Ms Joanne Dawson Non-Executive Director 9 May 2012
Mr Michael (Mick) Joseph O'Brien Non-Executive Director 27 Aug 2014
Mr Alok Sethi Non-Executive Director 22 Feb 2017
Mr Christopher Robert Freeman Non-Executive Director, Non-Executive Chairman 11 Jan 2017

TGG Management

Name Position
Lindsay Mackay Additional Company Secretary
Mat R Sund General Manager,Company Secretary

TGG Substantial Shareholders

Holding Name
22,624,595 (10.24%) Wilson Asset Management Group

TGG Calendar of Events

Date Event
20 February 2020 Report (Interim)
03 September 2019 Report (Annual)
22 August 2019 Report (Prelim)

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