Review of LSE Listed BATS, IAG & AAL

November 12, 2019 10:20 PM AEDT | By Kunal Sawhney
 Review of LSE Listed BATS, IAG & AAL

                Â

British American Tobacco Plc

British American Tobacco Plc is a United Kingdom-based tobacco and associated products company. The company's products are available across Asia- Pacific, North and South America, continental Europe and the Middle East and Africa with presence in over 150 countries. The well known brands of the company are Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Newport, Camel, Natural American Spirit, Vype, Glo, Epok, Mocca, Vuse, Neo, Lyft, Kodiak, Velo, Granit, Grizzly, Ten Motives, Camel Snus, Vogue, Viceroy, Kool, Peter Stuyvesant, State Express 555 and Craven A. The company also has multiple subsidiaries namely Reynolds America, Imperial Tobacco Canada, Pakistan Tobacco Company and Souza Cruz to name a few.

The shares of the company are listed on the London Stock Exchange in the main market segment where they trade under the ticker symbol BATS. The shares of the Company also form part of the FTSE 100 index.

Trading Update

On 05 November 2019, the company came out with an update that it has redeemed its US$1,250,000,000, 2.750 per cent Guaranteed Notes due for 2020.

  • The redemption price of the notes was US$1,006.24 per US$1,000 principal amount plus any accrued amount on account of unpaid interest that may be due.
  • The company has also requested the Financial Conduct Authority (FCA) to cancel the listing of the notes subsequent to the redemption.

Performance at the London Stock Exchange

Price Chart as on 11 November 2019, after the market close (Source: Thomson Reuters)

On 11 November 2019, at the time of writing the report (after market close, GMT 4.30 PM), BATS shares were quoted  at GBX 2910.50 on the London Stock Exchange.

The stock of the Company has a 52-week High of GBX 3222.00 and a 52-week low of GBX 2249.00. The total market capitalization of the company at the time of writing this report was £66.76 billion.

Outlook

The company has had a good year in terms of earnings, because of which it has redeemed debt instruments that were due in 2020 one year in advance. The company, due to its multinational presence, has been able to beat the economic conditions in UK and Europe and has continued to perform satisfactorily.

International Consolidated Airlines Group SA

International Consolidated Airlines Group SA is a British and Spain co-owned airline holding company. The company is the owner of British Airways and Iberia, the Spanish flag carrier airline. The company is one of the largest companies in the airline business. It goes to 268 destinations, has over 573 aircrafts and ferries more than 113 million passengers per year. The company, though registered in Spain, has a trans-European flavor.

The shares of the company are listed both on the Madrid Stock Exchange as well as the London Stock Exchange. At the London Stock Exchange, the stocks of the company traded with the ticker name IAG. The shares of the company also form part of the FTSE 100 index of the London Stock Exchange.

Trading Update

The company on 08 November 2019 came out with a trading update on the company's traffic and capacity statistics for the month of October 2019.

  • For the month of October 2019, the company’s traffic figures in terms of revenue per passenger kilometres were up by 4.8 per cent compared to the same period the previous year.
  • For the month of October 2019, the Company’s capacity figures measured in terms of available seat kilometres increased by 2.7 per cent compared to the same period last year.

Performance at the London Stock Exchange

Price Chart as on 11 November 2019, after the market close (Source: Thomson Reuters)

On 11 November 2019, at the time of writing the report (after market close, GMT 4.30 PM), IAG shares were quoted at GBX 541.00 on the London Stock Exchange.

The stock of the Company has a 52-week High of GBX 668.98 and a 52-week low of GBX 411.50. The total market capitalization of the company at the time of writing this report was £10.71 billion.

Outlook

It is one of the largest aviation companies in the world. However, it has been facing stiff competition from smaller low-cost carriers in Europe. The situation was definingly exacerbated this year due to the economic conditions in Europe. The recent traffic and capacity data of the company show that it has managed to stay in the green and has not lost any market share to rivals. The figures, however, could have been better in order to uplift investor confidence.

Anglo American Plc

Anglo American Plc is a mining and mineral exploration major. Its interests include iron ore, bauxite, nickel, copper, platinum, coal, manganese, diamonds, other precious stones and most of the other mineral resources. The company’s operations are located in Chile, South Africa, Peru, Columbia, Australia and Brazil, among others. The company is one of the largest mining and mineral resources companies of the world with dual headquarters in London and Johannesburg.

The shares of the company have their listing on the London Stock Exchange, and in the Johannesburg Stock Exchange. In the London Stock Exchange, the shares of the company traded with the ticker name AAL. The shares of the company also form part of the FTSE 100 Index.

Trading Update

The company on 12 November 2019 came out with an update of a share buyback programme it had initiated on 11 November 2019.

  • The company in its announcement stated that it had repurchased 600,266 number of its shares at a price of US$0.54945 per share as part of the share buyback programme it had announced on 25 July 2019

Performance at the London Stock Exchange

Price Chart as on 11 November 2019, after the market close (Source: Thomson Reuters)

On 11 November 2019, at the time of writing the report (after market close, GMT 4.30 PM), AAL shares were quoted at GBX 2009.50 on the London Stock Exchange

The stock of the company has a 52-week High of GBX 2294.00 and a 52-week low of GBX 1529.80. The total market capitalization of the company at the time of writing this report was £27.46 billion.

Outlook

The buyback programme was announced by the company way back in July of this year. The company, due to the international nature of its business, has been able to beat the deteriorating economic conditions in Europe. The share buyback programme was initiand this year to consolidate and strengthen the company.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
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.