Reviewing Business Performance of LSE Listed RAT, PAY, GOG and BYG

Reviewing Business Performance of LSE Listed RAT, PAY, GOG and BYG

                              

Rathbone Brothers Plc

Rathbone Brothers Plc (LON: RAT) is a United Kingdom domiciled, London headquartered provider of personalised investment and wealth management services for individuals, charities and professional advisers, having more than £49.4 billion assets under management. The company is a leading financial services firm in the United Kingdom. The group also provides trust, legal, tax financial advisory and banking services, aside from discretionary investment management solutions. The operations of the group are differentiated in two core operating segments, namely Investment Management and Unit Trusts.

The shares of the company have their listing on the main market segment of the London Stock Exchange. There they trade with the ticker name RAT. The shares of the company also form part of the FTSE 250 index.

Trading update

The company on 17 October 2019 came out with a trading update on the third quarter performance of the company for the period ending on 30 September 2019.

  • Total funds under management with the company during the period increased by 4.4 per cent to stand at £ 49.4 billion over funds under management figure of £47.3 billion figure for the corresponding period ending on 30 September 2018.
  • Total net inflows were £1 billion in the third quarter.
  • Underlying operating income totalled £3 million for the three months ended 30 September 2019

Performance at the London Stock Exchange

Source – Thomson Reuters

At the time of writing this report, the shares of the company were trading on the London Stock Exchange for GBX 2,115.00.00.

The shares of the company during the past 52 weeks trading at the London Stock Exchange have registered a 52-week high of GBX 2,560.00 while also registering a 52-week low of GBX 2,045.00. The company on 06 December 2019 has a market capitalisation of £1.19 billion on the London Stock Exchange.

Outlook

The company has given out a good performance despite the prevailing macroeconomic headwinds in the country. The management of the company is hopeful of delivering good performance for the year which is as per management expectations.

PayPoint plc

PayPoint Plc (LON: PAY) is a United Kingdom-headquartered holding company. Through its subsidiaries, the group offers specialist consumer payment, and other services and products and transaction processing and settlement. Its specialist product and services are PayPoint One/ EPoS, Collect+, MultiPay, eMoney, Card payment and ATMs. Shares of the company got listed as on September-24-2004 on the main market of the London Stock Exchange for trading. Liontrust Investment Partners LLP, Woodford Investment Management Ltd., Capital Research & Management Co. (Global Investors), Standard Life Investments Ltd. and FIL Investment Advisors (UK) Ltd. are some of the major institutional investors in the group. Institutional investors hold around 62.67 per cent of the total equity of the company.

The shares of the company have their listing on the main market segment of the London Stock Exchange. There they trade with the ticker name BYG. The shares of the company also form part of the FTSE 250 index.

Trading Update

The company on 28 November 2019 came out with a trading update on the performance of the company for the six-month period ending on 30 September 2019.

  • The company for the six-month period earned a net revenue of £57.3 million which is a growth of 3.0 per cent compared to a revenue of £55.6 million earned by the company in the corresponding period in 2018.
  • Operating margin came in at 42.1% compared to 45.8% in the year-ago period
  • Profit before tax came in at £24 million compared to £3 million in the corresponding period of prior year.
  • Diluted earnings per share was 28.5 pence compared to 30 pence in the corresponding period in 2018.

Performance at the London Stock Exchange

Source – Thomson Reuters

At the time of writing this report, the shares of the company were trading on the London Stock Exchange for GBX 981.00.

The shares of the company during the past 52 weeks trading at the London Stock Exchange have registered a 52-week high of GBX 1,158.00 while also registering a 52-week low of GBX 724.325. The company has a market capitalisation of £674.70 million on the London Stock Exchange.

Outlook

The company’s performance for the period has been lukewarm, mostly on account of the adverse economic environment in the United Kingdom.

The Go-Ahead Group Plc

The Go-Ahead Group Plc (LON: GOG) The public passenger transport company for bus and rail services Go-Ahead Group Plc is headquartered in Westminster, the UK. Its areas of operation are divided into three segments, i.e. regional bus, London bus and rail. As on May-09-1994, its shares got listed on the main market of the London Bourse for trading and a constituent of FTSE 350 and FTSE All-Share Index. Threadneedle Asset Management Ltd., Standard Life Investments Ltd. and Aberforth Partners LLP, are major shareholders in the group

The shares of the company have their listing on the main market segment of the London Stock Exchange. There they trade with the ticker name GOG. The shares of the company also form part of the FTSE 250 index.

Trading Update

The company on 28 November 2019 came out with a trading update for the period 30 June 2019 to 27 November 2019.

  • The company has given out a good performance in its domestic rails, international rail as well as on the international bus divisions, however its domestic bus division was weaker than expected.
  • Overall estimations for the rail division remains unchanged, with a superior performance in UK neutralising a weaker start to the company’s German rail contracts.
  • Operations of two out of five railway contracts in Germany commenced in June 2019 with those under the third contract scheduled to begin in December 2019.

Performance at the London Stock Exchange

Source – Thomson Reuters

At the time of writing of this report, the shares of the company were trading on the London Stock Exchange for GBX 2,031.00.

The shares of the company during the past 52 weeks trading at the London Stock Exchange have registered a 52-week high of GBX 2,308.91 while also registering a 52-week low of GBX 1,480.00. The company has a market capitalisation of £886.80 million on the London Stock Exchange.

Outlook

The company has given a weaker performance for the period on the domestic bus transport vertical in UK, mostly on account of lower prices and lower passenger numbers.

The Big Yellow Group Plc

Big Yellow Group Plc (LON: BYG) is a United Kingdom domiciled Self Storage service providing company. The company owns a platform of 100 stores in the United Kingdom including that of its minority owned companies and has a total of 5.7 million square feet of area in its possession which is lettable and a further 0.9 million square feet of area under development. The company while choosing locations for its sites focuses on high profile, accessible and main road locations so as to derive maximum value for its clients.

The shares of the company have their listing on the main market segment of the London Stock Exchange. There they trade with the ticker name BYG. The shares of the company also form part of the FTSE 250 index.

Trading Update

The company came out with its interim results on 19 November 2019 for the six-month period ended on 30 September 2019.

  • The Like-for-like revenue of the company for the six-month period increased by 4.2 per cent driven by a growth in average occupancy and rates during the period.
  • The Adjusted profit before tax of the company was up by 6.0 per cent for the six-month period to stand at £35.3 million.
  • The cash flow from operating activities of the company for the six-month period increased by 4.0 per cent to stand at £36.0 million after the deduction of net finance costs.
  • Average net rent per sq. feet increased by 1.6 per cent year over year for the period.

Performance at the London Stock Exchange

Source – Thomson Reuters

At the time of writing this report, the shares of the company were trading on the London Stock Exchange for GBX 1,165.00.

The shares of the company during the past 52 weeks trading at the London Stock Exchange have registered a 52-week high of GBX 1,194.00 while also registering a 52-week low of GBX 846.00. The company has a market capitalisation of £1.89 billion on the London Stock Exchange.

Outlook

The company for the six-month period has been able to deliver a good set of numbers despite the uncertain economic headwinds prevailing in the United Kingdom.

Following the September 2018 placement of £65.3 million by the company, it has utilized the money to develop new stores and obtaining planning consents. The company expects these investments to start contributing to its bottom line from spring 2020 onwards.

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