Latest Updates From Three Diversified FTSE Stocks – Bilby Plc, Venture Life Group Plc And Trackwise Designs Plc

  • Dec 20, 2019 GMT
  • Team Kalkine
Latest Updates From Three Diversified FTSE Stocks – Bilby Plc, Venture Life Group Plc And Trackwise Designs Plc
Bilby Plc

Bilby Plc (LON: BILB) is an Industrial Support services company based in Waltham, the United Kingdom, which primarily engages in the gas and electrical installation and maintenance as well as provides various other building and services to local authority and regulatory bodies as well as to residential and housing organisations and groups. The list of the company’s wide pool of services includes providing Gas Maintenance services such as Servicing and repairs, Fault finding, System upgrades Meter connections, Full central heating systems, Boiler installations and Cooker installations. The electrical service includes the likes of Electrical installation, maintenance and repairs, Lateral Main Installation, Bus Bar Systems, Small power installation, Lighting Installation, Trunking installation, Conduit installations, Process circuits, Emergency Lighting Installation, Fire Alarm installation, Security Alarm installation and CCTV installation amongst a host of other services. In terms of Building maintenance, repair and newbuild services, the company offers internal and external building maintenance, refurbishment and conversion projects, living solutions, Domestic and commercial plumbing, Electrical design & planning, Plastering, Bathroom plumbing & installations, Window replacements and Groundworks.

BILB Financial Performance

On 19th December 2019, the company reported its interim results for a period of six months ended on 30th September 2019. The company reported a year on year decline in the revenue to £29.778 million in the reporting period from £36.359 million in H1 FY 2019. The company also reported a year on year decline in the gross profit to £7.819 million in H1 FY 2020, as opposed to a gross profit reported in H1 FY 2019 at £8.261 million. This also flew into the underlying EBITDA, which was reported at £2.062 million in H1 FY 2020. The adjusted basic Earnings per share for the period was reported to be at GBX 3.78 per share and is a reflection to the disappointing performance during the year, the board of the company did not propose any interim dividend as opposed to GBX 2.0 in H1 FY 2019.

BILB Share Price Performance

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

As on 19th December 2019, at 01:50 P.M Greenwich Mean Time, while writing, Bilby Plc’s price of the stock was reported at GBX 24.70 per stock on the London Stock Exchange, an increase in the value of 21.98 per cent or GBX 4.45 per stock, as opposed to the last day’s closing price, which was reported at GBX 20.25 per stock. At the time of writing, the stock price has been reported to be 65.67 per cent below the 52-week high price of GBX 71.95, which the stock hit as on January 18, 2019. The company’s market capitalisation stood at a value of GBP 11.89 million in relation to the present market price of the share of the company.

Company’s share beta was reported to be at a value of 0.85, which means the movement of the share of Bilby Plc, has been less volatile, in comparison with the movement of the comparative benchmark index in the last one year.

Venture Life Group Plc

Venture Life Group Plc (LON: VLG) is a Bracknell, the United Kingdom based Healthcare Equipment and services providing organisation that is primarily engaged in the business of consumer self-care. Founded in 2010, the company has over 100 global partners, across 44 global markets with a manufacturing facility in Italy built in over 5500 square meters of land. It produced more than 23 million products in the year 2018. This facility has a capability of producing 130,000 unites each day and is also responsible for conducting research and development processes around all of the company’s products as well as quality testing practices. The company’s biggest customers include the likes of Alliance, Sunstar, Giuliani, Almirall, Helsinn as well as the Manrini group amongst many others. The company’s products span from areas like Oral Healthcare, Proctology, Dermatology, Neurology to Women’s Healthcare. The company sells its products through 10 of its core brands in the above mentioned 5 therapeutic areas with a global reach.

VLG Trading Update

On 19th December 2019, the company issued a press release to announce an acquisition and trading update for the year ending on 31st December 2019. The company reported that it had made an agreement to purchase the whole issued equity share capital of PharmaSource BV (PharmaSource), for a primary consideration of Euro 5.23 million, and a deferred (or secondary) contingent consideration of up to Euro 1.27 million. The company announced that it would be funding the entire purchase from its existing cash resources. The company highlighted the fact that this would be a strategic move which will allow the organisation to diversify its already broad range of products and improve its ability to reach a larger group of people globally mainly by providing an improved network of retailers and distribution partners to its already extensive partner network. In terms of the trading update, the company highlighted that the board expects the revenues for the year to achieve a figure of Euro 20 million and the Adjusted EBITDA to be at least Euro 3.2 million.

VLG Share Price Performance

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

As on 19th December 2019, at 01:55 P.M Greenwich Mean Time, while writing, Venture Life Group Plc’s price of the stock was reported at GBX 31.80 per stock on the London Stock Exchange, an increase in the value of 8.90 per cent or GBX 2.60 per stock, as opposed to the last day’s closing price, which was reported at GBX 29.20 per stock. At the time of writing, the stock price has been reported to be 42.15 per cent below the 52-week high price of GBX 54.97, which the stock hit as on April 24, 2019. The company’s market capitalisation stood at a value of GBP 24.44 million in relation to the present market price of the share of the company.

Company’s share beta was reported to be at a value of 0.15, which means that the movement of the share of Venture Life Group Plc, has been less volatile, in comparison with the movement of the comparative benchmark index in the last one year.

Trackwise Designs Plc

Trackwise Designs Plc (LON: TWD) is a Tewkesbury, the United Kingdom headquartered Electronics and Electrical equipment providing company. The company uses the printed circuit technology, to develop custom products in the area of RF antennas as well as in the area of Improved Harness Technology. Other than these, the company’s capabilities also include to developing products in the area of Passive Intermodulation (PIM). The company uses various manufacturing parameters such as PCB Types, Substrates, ROHS Compliant Finishes, Solder Masks, Inspection, Quality Approvals, as well as Flex PCB Manufacturing Parameters in the development of its products. Founded in 1989, the company also engages in the publication of various white papers in reference to the technology it uses as well as the product it develops for the better understanding of its capabilities by its clients.

TWD Trading Update

On 19th December 2019, the company announced a pre-close trading update for the year that will end on 31st December 2019. The management of the company has the expectation of achieving £2.9 million in revenues and approximately £0.2 million in adjusted profit before tax. The biggest driver of these numbers has been suggested to be the performance in the Improved Harness Technology (IHT) division, with a considerable rise in the revenues from this segment. In terms of the outlook and the future vision of the company, it has been reported that the IHT customers and opportunities have increased to 68, as opposed to 57 in the first half of the year and 31 at the end of the previous year, which has boosted the confidence levels for an even better operational as well as financial performance from the company during the next year.

TWD Share Price Performance

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

As on 19th December 2019, at 02:00 P.M Greenwich Mean Time, while writing, Trackwise Designs Plc’s price of the stock was reported at GBX 80.00 per stock on the London Stock Exchange, an increase in the value of 1.27 per cent or GBX 1.00 per stock, as opposed to the last day’s closing price, which was reported at GBX 79.00 per stock. At the time of writing, the stock price has been reported to be 48.05 per cent below the 52-week high price of GBX 154.00, which the stock hit as on August 02, 2019. The company’s market capitalisation stood at a value of GBP 11.67 million in relation to the present market price of the share of the company.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK