Reviewing Business Performances Of LSE Listed BHP, BLTG And PAF

6 min read | February 18, 2020 04:04 PM GMT | By Team Kalkine Media
BHP Group Plc

BHP Group Plc (LON:BHP) is one of the world's renowned resources company. The company is engaged in the operations of extraction and processing of minerals, gas and oil. The company is having an employee base of 62,000, including contractors, mainly in the Americas and Australia. The company has two parent companies, BHP Group Limited and BHP Group Plc as it operates under Dual Listed Group Structure. The company is also engaged in the production of multiple commodities, which include uranium, metallurgical coal, iron ore and copper. The company's operations are divided into four reportable segments being Coal, Iron Ore, Copper and Petroleum. The coal business is involved in the mining of thermal (energy) coal and metallurgical coal. The Iron Ore business is involved in the iron ore mining process. The copper business is involved in the mining of gold, uranium, molybdenum, copper, zinc, silver and lead. The company's operating model is divided into three businesses being Petroleum, Minerals Americas and Minerals Australia. The Petroleum operating assets are located in Macedon, Pyrenees, Angostura and Shenzi. The Minerals Americas operating assets are located in Escondida, Pampa Norte and Jansen. The Minerals Australia operating assets are located in Western Australia Iron Ore, New South Wales Energy Coal, Queensland Coal (BMA and BMC), Nickel West and Olympic Dam.

The shares of the company are listed on the Premium main market segment of the London Stock Exchange where they are identified and traded with the ticker name BHP, and the shares are part of the FTSE 100 Index as well.

Results Update

The company on 18 February 2020 came out with the interim results of the half-year ending on 31 December 2019.

  • The attributable profits of the company for the period stood at US$4.86 billion, which is a growth of 29 per cent compared to the attributable profits for the corresponding period of the previous year.
  • The basic earnings per share for the period stood at 96.3 US cents which is a growth of 36 per cent compared to the basic earnings per share for the corresponding period of the previous year.
  • Net operating cash flow for the period came in at US$7.44 billion, up 2% over the prior corresponding period.
  • Capital and exploration expenditure came in at US$3.79 billion, up 8% year over year.

 BHP Group Plc Stock Trading Performance at The London Stock Exchange

Source- Thomson Reuters

The shares of the company were trading at GBX 1,640.2 on the LSE on 18 February 2020. The market capitalisation of the stock based on the current price was around £35.73 billion.

In the past 52 weeks of trading on the exchange, the shares of the company have touched a price of GBX 2,078.50 on the higher side and a price of GBX 1,585.54 on the lower side.

Outlook

The company for the first half of the year has given a very strong revenue performance with attributable profits growing by as much as 29 per cent and basic earnings per share growing as much as 36 per cent. The company has also announced an interim dividend of 65 US cents per share which is the second highest in its history. The management expects a strong performance for the rest of the year as well.

Blancco Technology Group Plc

Blancco Technology Group Plc (LON:BLTG) is a technology company that provides solutions in mobile processors and data erasure software for enterprises. The Erasure division is focused on the development and delivery of solutions to large enterprises while the mobile processors segment provides solutions to increase efficiency and provide safety for the devices.

The shares of the company are listed on the Alternative Investment Market (AIM) segment of the London Stock Exchange where they are identified and traded with the ticker name BLTG, and the shares are part of the FTSE AIM All-share Index as well.

Results Update

The company on 18 February 2020 came out with the interim results of the half-year ending on 31 December 2019.

  • The revenues of the company for the period stood at £4 million compared to the revenue of £14.6 million in the year-ago period, registering a growth of 19 per cent.
  • Gross profit came in at £16.5 million, up 20% from that in the year-ago period.
  • The diluted earnings per share of the company for the period stood at 1.40 pence compared to the diluted earnings per share of 68 pence in the year-ago period, registering a growth of 106 per cent.

Blancco Technology Group Plc Stock Trading Performance at The London Stock Exchange

Source- Thomson Reuters

The shares of the company were trading at GBX 205.99 on the LSE on 18 February 2020. The market capitalisation of the stock based on the current price was around £142.06 million.

In the past 52 weeks of trading on the exchange, the shares of the company have touched a price of GBX 211.0 on the higher side and a price of GBX 85.50 on the lower side.

Outlook

On the operational front, the company has achieved significant milestones during the period. The company released the first phase of the ZroBlack innovation during the period leading to a number of contract wins. The company's July 2019 acquisition, Inhance has now been fully integrated into the existing infrastructure of the company and the company is now an "Advanced Technology Partner" with Amazon Web Services.

Pan African Resources Plc

Pan African Resources Plc (LON:PAF) is a South Africa focused gold mining and production company. The company is involved in the business of extraction and exploration of precious metals such as Gold, Platinum as well as Palladium, primarily in various regions of the African Continent.

The shares of the company are listed on the Alternative Investment Market (AIM) segment of the London Stock Exchange where they are identified and traded with the ticker name PAF, and the shares are part of the FTSE AIM All-share Index as well.

Results Update

The company on 18 February 2020 came out with the interim results of the half-year ending on 31 December 2019.

  • The revenues of the company for the period stood at USD132.8 million compared to a corresponding previous year period revenue of USD97.5 million, registering a growth of 36.2 per cent.
  • Total gold sold increased to 90,602 ounces, up 13.6% compared to that in the previous corresponding period.
  • Total gold produced increased to 92,941 ounces, up 14.7% compared to that in the year-ago period.
  • The headline earnings per share of the company for the period stood at 1.13 US cents compared to a corresponding previous year period headline earnings per share of 0.50 US cents.

Pan African Resources Plc Stock Trading Performance at The London Stock Exchange

Source- Thomson Reuters

The shares of the company were trading at GBX 12.45 on the LSE on 18 February 2020. The market capitalisation of the stock based on the current price was around £236.03 million.

In the past 52 weeks of trading on the exchange, the shares of the company have touched a price of GBX 14.70 on the higher side and a price of GBX 8.50 on the lower side.

Outlook

The company has given out a sterling business performance for the first half of the year. The company is confident of meeting market expectations of achieving production of gold production of 185,000 ounces for the full year.


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