Four FTSE Diversified Stocks To Look Out For – SONG, KMK, ECEL And GMAA

8 min read | December 11, 2019 03:16 PM GMT | By Team Kalkine Media
Hipgnosis Songs Fund Limited

Hipgnosis Songs fund Limited (LON:SONG) is a St. Peter Port, Guernsey based closed ended Investment Trust whose primary activity is to invest in the production and development of music and songs as well into the associated Intellectual Property rights. The company operates by making license agreements, and receives payments owing to copyright interests. The company has three revenue models, which are Mechanical Royalties, Performance Royalties, as well as Synchronization Fees. The company then focuses on generating income for the purpose of capital growth, which in turn helps in the growth of the value of the shareholders of the company, which is also the company’s primary objective as an investment trust. The company majorly invests in two types of music, which are proven hit songs with a track record of success and cultural impact as well as culturally influential and therefore likely to be continuously played and/or covered by new recording artists.

SONG Financial Performance

On 11th December 2019, the company issued a press release to announce its first half results of the year 2020, for the six months ended 30th September 2019. The major highlighting point was the 5 per cent increase in the operative Net Asset Value (NAV) to GBX 108.46 per share as on 30th September 2019, in comparison with the operative Net Asset Value on 31st March 2019 at GBX 103.27 per share. It was also reported that the net revenue from the portfolio for the period was at £22.6 million, beating the anticipations of the management of the company. The company reported the Adjusted Earnings per share (EPS) at GBX 3.55 per share.

SONG Stock Price Performance

(Source: Thomson Reuters) Daily Chart as on 11-December-19, prior to the close of the market

As on 11th December 2019, at 01:00 P.M Greenwich Mean Time, while this was being written, Hipgnosis Songs Fund Limited’s price of the stock has been reported to be trading at GBX 108.28 per stock on the London Stock Exchange, a decline in the value of 0.20 per cent or GBX 0.22 per stock, as opposed to the last day’s closing share price, which has been reported to be at GBX 108.50 per stock. The company’s market capitalisation has been reported to be at GBP 422.45 million with regards to the current share price of the company.

Kromek Group Plc

Kromek Group Plc (LON:KMK) is a Stockton On Tees, United Kingdom based Healthcare Equipment as well as Services providing company that is majorly involved in the business of Research and development of Radiation detectors-based cadmium zinc telluride. The company’s products are used as application across various sectors such as Nuclear, Medical and Healthcare as well as Security. The list of the company’s products includes the likes of Gamma Ray detector spectrometers, SIGMA scintillator detectors, EV-CPG Radiation detector as well as many others.

KMK Financial Performance

On 11th December 2019, the company announced its interim results for the six months ended on 31st October 2019, in which it was reported that the revenue displayed a significant 43 per cent year on year increase from £3.7 million in H1 FY 2019 to £5.3 million in H1 FY 2020. The gross margin for the period was reported to be at 58 per cent. Adjusted EBITDA was reported to be a loss of £0.6 million and the Loss before tax was at £2.7 million in H1 FY 2020, as opposed to a loss of £2.1 million in H1 FY 2019.

KMK Stock Price Performance

(Source: Thomson Reuters) Daily Chart as on 11-December-19, prior to the close of the market

As on 11th December 2019, at 01:05 P.M Greenwich Mean Time, while this was being written, Kromek Group Plc’s price of the stock has been reported to be trading at GBX 22.25 per stock on the London Stock Exchange, an increase in the value of 28.99 per cent or GBX 5.00 per stock, as opposed to the last day’s closing share price, which has been reported to be at GBX 17.25 per stock. The company’s market capitalisation has been reported to be at GBP 59.44 million with regards to the current share price of the company.

The beta of the company’s stock has stood at a value of 0.5580. By this, the investors can imply that stock price movement of the company, is less volatile, in comparison with the movement of the comparative market index.

Eurocell Plc

Eurocell Plc (LON:ECEL) is an Alfreton, United Kingdom based Construction and materials company that is involved in the business of production, development as well as recycling of unplasticized polyvinyl chloride (UPVC) roofline systems, doors as well as windows. These products of the company are used for various purposes by a variety of users such as Homeowners, Specifiers as well as used in the UPVC Trade.

ECEL Trading Update

On 11th December 2019, the company provided a trading update for the eleven months period ended on 30th November 2019. The company reported a 5 per cent like for like revenue growth in the Profiles division, as well as an 8 per cent like for like revenue growth in the building plastics division with an overall revenue growth of 7 per cent on the like for like basis. The company also displayed a higher usage of recycled material representing a higher gross margin in comparison with the last year. The company reported that the full year results for the year ending on 31st December 2019 will be reported on 13th March 2020.

ECEL Stock Price Performance

(Source: Thomson Reuters) Daily Chart as on 11-December-19, prior to the close of the market

As on 11th December 2019, at 01:20 P.M Greenwich Mean Time, while this was being written, Eurocell Plc’s price of the stock has been reported to be trading at GBX 209.50 per stock on the London Stock Exchange, an increase in the value of 0.24 per cent or GBX 0.50 per stock, as opposed to the last day’s closing share price, which has been reported to be at GBX 209.00 per stock. The company’s market capitalisation has been reported to be at GBP 209.70 million with regards to the current share price of the company.

The beta of the company’s stock has stood at a value of 0.1316. By this, the investors can imply that stock price movement of the company, is less volatile, in comparison with the movement of the comparative market index.

Gama Aviation Plc

Gama Aviation Plc (LON:GMAA), previously also known as Hangar 8 Plc, is a Farnborough, United Kingdom located Industrial transportation company that engages in the provision of various services to Business Aviation Customers. The company’s services include Business charters and Leisure Charters, Fleet Management for both Individually owned as well as Family office jets, Provision of Original Equipment Manufacturing services, across the regions of Europe, Asia, Middle East as well as the United States of America.

GMAA Financial Performance

On 23rd September 2019, the company reported its interim results for the six months ended 30th June 2019. The adjusted results are as follows: - The revenue for the period was reported to be at US 121.8 million, an increase of 17.22 per cent year on year from the revenue reported in H1 2018 of US $ 103.9 million. The gross profit reported for the first half of 2019 was at US $ 23.5 million, as opposed to US $20.4 million in the first half of 2018, displaying a year on year growth in the gross profit of 15.2 per cent. The Adjusted Earnings before Interest and Taxes (EBIT) for the first half of the year was reported to be at US $ 4.1 million, a decline of 16.3 per cent year on year from US $4.9 million in H1 2018. The company reported the earnings per share for H1 FY 2019 at 4.6 US cents per share compared to 8.6 US cents per share reported in the first half of 2018.

GMAA Stock Price Performance

(Source: Thomson Reuters) Daily Chart as on 11-December-19, prior to the close of the market

As on 11th December 2019, at 01:10 P.M Greenwich Mean Time, while this was being written, Gama Aviation Plc’s price of the stock has been reported to be trading at GBX 62.06 per stock on the London Stock Exchange, an increase in the value of 0.10 per cent or GBX 0.06 per stock, as opposed to the last day’s closing share price, which has been reported to be at GBX 62.00 per stock. The company’s market capitalisation has been reported to be at GBP 39.45 million with regards to the current share price of the company.

The beta of the company’s stock has stood at a value of 0.1279. By this, the investors can imply that stock price movement of the company, is less volatile, in comparison with the movement of the comparative market index.


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