Three key FTSE Stocks in the news – Falanx Group Limited, New River REIT Plc and Synthomer Plc

  • Dec 04, 2019 GMT
  • Team Kalkine
Three key FTSE Stocks in the news – Falanx Group Limited, New River REIT Plc and Synthomer Plc

Falanx Group Limited

Falanx Group Limited (LON: FLX) is a United Kingdom based technology company providing cyber security and intelligence services to its clients. It’s business verticals comprise of Intelligence services, Resilience, Cyber security and support. The company has two major business segments which are Falanx Cyber Defense as well as the Falanx Intelligence segment. The Falanx Cyber Defence division is a cloud-based cyber security service, providing its services to both government and commercial clients. The Falanx Intelligence division manages political and security hazard services and furthermore gives business insight services to its customers. The Falanx Intelligence division offers its services with the Assynt brand name. The vertical's service product types incorporate The Assynt report, implanted and devoted experts, key insight administrations and business knowledge services. The vertical’s services are offered to international clients, including international non-commercial entities, oil and gas corporations, financial organizations, insurance companies, utility providers, Defense establishments, airlines companies and technology business entities.

FLX Financial Performance

On 3rd December 2019, the company published its interim results for the six months ended 30th September 2019. The company’s main highlighting point was the growth of revenue by 21 per cent year on year from £2.18 million in H1 FY 2019 to £2.64 million in H1 FY 2020. This was primarily driven by the 31 per cent year on year growth in the Sales of the Intelligence business division from £0.71 million in H1 FY 2019 to £0.93 million in H1 FY 2020. The company also reported an Adjusted Earnings before Interest Taxes Depreciation and Amortization loss of £0.93 million during the period, as opposed to a profit of £0.71 million during H1 FY 2019. The company also highlighted that as on 30th September 2019, the cash balance reportedly stood at £708,000 and the receivable were valued at £1.76 million.

FLX Stock Price Performance

(Source: Thomson Reuters) Daily Chart as on 04-December-19, prior to the close of the market

On 4th December 2019, at 11:00 A.M GMT, when this document was being written, Falanx Group Limited’s stock price was reported to be trading at GBX 1.525 per stock, an increase of 0.33 per cent or GBX 0.005 per stock, as compared to the previous day’s closing price, which was reported to be at GBX 1.52 per stock. At the time of reporting, the Falanx Group Limited stock was reported to be trading 22.00 per cent above the 52-week low stock price, which was at GBX 1.25 per stock, that the company’s stocks reached on August 30, 2019. At the time of writing, the stock was also trading 54.48 per cent below the 52-week high price at GBX 3.35 per stock, which the company’s stock achieved on January 30, 2019. The market capitalisation (M-Cap) of the company stood at a value of GBP 6.11 million reportedly, in reference to the share price of the company.

The beta of the company’s stock stood at a value of 3.2601. Through this, it can be implied that the volatility in the share price of the company, is significantly more than the volatility in the movement of the comparative benchmark index.

NewRiver REIT Plc

NewRiver REIT Plc (LON: NRR) is a property investor and asset manager. The company offers services such as real estate investment, asset management, strategic stock selection, risk-controlled development and property management services. It provides its services to shopping centres, retail warehouses, high street, retail development, and pubs and convenience stores. The company has operations throughout the UK and Ireland. New River is headquartered in London, in the UK. The company’s portfolio is basically divided into three parts which are Retail Portfolio, Pub Portfolio, as well as Risk Control Development. The retail portfolio consists of some of the highly renowned properties in the country such as Capital Shopping Centre in Cardiff as well as Burns Mall in Kilmarnock.

NRR Financial Performance

On 21st November 2019, the company posted its half year results for the six months started on 1st April 2019 and ended on 30th September 2019. The company reported that the Underlying Funds From operation were valued at £26.4 million during the reporting period, as opposed to £25.6 million in HY 2019 displaying a year on year increase of 3 per cent. The underlying funds from operation per share was at 8.6 pence per share in H1 2020, as against 8.4 pence per share in H1 2019, a year on year growth of 2 per cent. The management of the company proposed a dividend of GBX 10.8 per share, which was exactly the same as the dividend declared in H1 2019. The company also reported that the net property income for the period stood at £46.9 million for H1 2020 as compared to £43.2 million in H1 2019. The EPRA Earnings per share for the period was at 8.1 pence per share in H1 2020, a marginal increase from the EPRA Earnings per share in H1 2019 at 8.0 pence per share.

NRR Stock Price Performance

(Source: Thomson Reuters) Daily Chart as on 04-December-19, prior to the close of the market

On 4th December 2019, at 11:05 A.M GMT, when this document was being written, New River REIT Plc’s stock price was reported to be trading at GBX 192.038 per stock, an increase of 1.50 per cent or GBX 2.838 per stock, as compared to the previous day’s closing price, which was reported to be at GBX 189.20 per stock. At the time of reporting, the New River REIT Plc stock was reported to be trading 34.10 per cent above the 52-week low stock price, which was at GBX 143.20 per stock, that the company’s stocks reached on August 16, 2019. At the time of writing, the stock was also trading 22.02 per cent below the 52-week high price at GBX 246.26 per stock, which the company’s stock achieved on April 16, 2019. The market capitalisation (M-Cap) of the company stood at a value of GBP 579.20 million reportedly, in reference to the share price of the company.

The beta of the company’s stock has stood at a value of 0.3868. Through this, it can be implied that the volatility in the share price of the company, is less than the volatility in the movement of the comparative benchmark index.

Synthomer Plc

Synthomer Plc (LON: SYNT) is one of the world’s leading suppliers of wet polymers. The company’s polymers help its customers from different industries including construction, paper, synthetic latex gloves, textiles and coatings to create new products and improve the performance of existing products. The company increased its product portfolio and expanded its reach in other markets after the acquisition of Hexion’s Performance Adhesives and Coatings (PAC) business in the year 2016. The company has its operations worldwide with the Middle East, Asia, Europe and North America being the major markets. The company’s products are available in over 100 countries backed by a wide network of distributors and agents.

SYNT Trading Update

On 25th October 2019, the company provided a trading update for the third quarter ended 30th September 2019 through a press release. The company highlighted its challenges due to the continual weakness of the global economy having its impact on the company’s operating space which is the chemical industry. The company highlighted that in spite of the difficult operating environment, one of its products, namely Nitrile Butadiene Latex (NBR) had a great quarter with launch of 90 KTES of additional capacity in the fourth quarter of the previous year boosting growth. The company also highlighted that NBR volume grew in the third quarter, which kept the year to date unit margins pretty much flatlined.

SYNT Stock Price Performance

(Source: Thomson Reuters) Daily Chart as on 04-December-19, prior to the close of the market

On 4th December 2019, at 11:10 A.M GMT, when this was being written, Synthomer Plc’s stock price was reported to be trading at GBX 294.40 per stock, an increase of 2.22 per cent or GBX 6.40 per stock, as compared to the previous day’s closing price, which was reported to be at GBX 288.00 per stock. At the time of reporting, the Synthomer Plc stock was reported to be trading 11.35 per cent above the 52-week low stock price, which was at GBX 264.40 per stock, that the company’s stocks reached on October 25, 2019. At the time of writing, the stock was also trading 25.90 per cent below the 52-week high price at GBX 397.29 per stock, which the company’s stock achieved on May 02, 2019. The market capitalisation (M-Cap) of the company stood at a value of GBP 1.22 billion reportedly, in reference to the share price of the company.

The beta of the company’s stock has stood at a value of 1.0145. Through this, it can be implied that the volatility in the share price of the company, is more than the volatility in the movement of the comparative benchmark index.

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