How is the needle moving on these stocks - SNZ, WOR, WHC?

April 29, 2019 07:03 PM AEST | By Team Kalkine Media
 How is the needle moving on these stocks - SNZ, WOR, WHC?

Summerset Group Holdings Limited (ASX: SNZ)

Summerset Group has a unique business of creating a retirement community for the old aged people. The company owns 25 villages and is the largest operator in this field in New Zealand.

The Group achieved 137 sales for the March 2019 quarter which included 71 new sales and remaining 66 resales. In FY18, the company achieved a total of 640 sales (339 new sales and 301 resales). It also has 40 low levels of uncontracted homes (for resale) as of 31st March 2019 (as compared to 53 at the end of 2018).

On 12th April 2019, the company announced that Fisher Funds Management Limited has become a substantial shareholder, having 11,610,448 shares in the company with voting rights of 5.14%.

The market capitalisation of the company is A$1.21 billion. The 52 week high and low of the stock is A$7.31 and A$5.24 respectively. Last six months return of the stock is negative 14.40%, and YTD return stands at negative 8.08%. The stock closed the trading session at A$5.510, up 3% as on 29 April 2019.

WorleyParsons Limited (ASX: WOR)

WorleyParsons provides a wide range of consultancy services and technical expertise across the projects including asset management services and engineering, procurement and construction capability.

The company announced regarding the completion of the transaction to acquire Energy, Chemicals and Resources division of Jacobs Engineering Group at consideration of A$4.55 billion. On completion, the company will have approximately 57,600 employees in 51 countries, providing global leadership.

In the 1HFY19 results, the company posted aggerate revenue of $2.56 billion which is up by 11% from pcp. Underlying net profit after tax (NPAT) and EBIT were also up from pcp and reported at $98.4 million and $156.3 million respectively. It has also paid an interim dividend of 12.5 cents per share.

The market capitalisation of the company is A$6.67 billion. The 52 week high and low of the stock is A$20.028 and A$10.720 respectively. Last six months return of the stock is 1.62%, and YTD return stands at 27.60%. The stock closed the trading session at A$14.450, down 0.14% as on 29 April 2019.

Whitehaven Coal Limited (ASX:WHC)

Whitehaven Coal is an energy company and one of the largest independent coal producers in Australia. The company has an employee strength of more than 2000 and currently operates six mines in North West NSW with one underground mine and five open cut mines.

In the March 2019 quarterly report, the company reported Quarterly ROM coal production and Saleable coal production of 4.9Mt and 5.1Mt respectively. The initial FY19 guidance for Saleable coal production has been revised on a lower side (20.5-21million tonnes) on account for production from Maules Creek (mine scheduling and its related impact). The total coal sales were up by 12% from pcp including purchased coal.

On 26th April 2019, the company reported that two of the company’s investors have become substantial shareholders in the company. They were Prudential Plc and its subsidiary companies (holding 52,580,134 shares) and BlackRock Group (52,983,641 shares) gaining voting power of 5.12% and 5.16% respectively.

The market capitalisation of the company is A$4.35 billion. The 52 week high and low of the stock is A$5.736 and A$3.720 respectively. Last six months return of the stock is negative 10.88%, and YTD return stands at 0.86%. The stock closed the trading session at A$4.290, up 1.18% as on 29 April 2019.


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