Trading Updates For Three FTSE Stocks – BOWL, FCAP and RWA

  • Oct 08, 2019 BST
  • Team Kalkine
Trading Updates For Three FTSE Stocks – BOWL, FCAP and RWA

Hollywood Bowl Group Plc

Hollywood Bowl Group Plc (BOWL) is a United Kingdom based entertainment company that is mainly engaged in the operations of bowling centres in the country, and management of various musical and artistic events with famous artists around the world. The company also runs an orchestra and a museum in its main facility in the United Kingdom. The company has a portfolio of around 50 ten-pin bowling centres that are involved in providing wholesome family entertainment to its customers, an experience which would include leisure activities such as bowling, billiard games such as pool and snooker, gourmet cuisine and other fine dining experiences as well as Orchestra and other classical events. The company’s range of bowling brands include the likes of Hollywood bowl, Bowl plex and AMF bowling. The company operates its Orchestra events through the brand LA Phil which, as per the company, as vibrant as the city of Los Angeles, California. LA Phil is also involved in new age community programmes as well as providing classical music education to up and coming artists. The event Management division of the company is engaged in operations of various musical concerts with extremely famous artists such as Lana Del Ray, The Who, Ozzy Osbourne and the Jonas brothers. The company is a one-stop shop Holiday and Vacation spot, as well as a one-day entertainment centre for the families in the United Kingdom, as well as music enthusiasts globally. The company’s facility also includes the Walt Disney Conference Hall, which is generally used for entertainment conferences.

BOWL Financial Performance and trading update

On 23rd May 2019, the company had announced its half-year results for the six months ended 31st March 2019. The company reported a like for like revenue growth of 4.4 per cent for the six months ended 31st March 2019 as compared to 4.0 per cent in the six months ended 31st March 2018. The company had also reported an increase of 2.3 per cent year on year on the Group adjusted EBITDA, at £21.1 million in H1 2019 as compared to £20.7 million in H1 2018. The operating profit was reported at £16.8 million in H1 2019, an increase of 11.4 per cent as compared to the operating profit reported in H1 2018 at £15.0 million. In H1 2019, the Profits after Tax (PAT) was reported at £13.4 million while Basic Earnings per Share (BEPS) was reported at GBX 8.92 per share. In reflection of this excellent performance, the company had announced an interim dividend of GBX 2.27 per share, which was 11.8 per cent year on year increase from the H1 2018 interim dividend per share announced at GBX 2.03 per share.

 

On 8th October 2019, the company, through a press release, announced a trading statement for the year ended 30 September 2019. The company announced a robust performance during the period, driven by its consumer-led strategy and returns being delivered from product innovations. The company reported that the total revenue increased at 7.7 per cent year on year with Like-for-Like revenue growing at 5.5 per cent. The company’s outlook on the Profit before tax (PBT) is an increase in excess of 10 per cent year on year, which will be slightly ahead of the market expectations. The final results for the year ended 30 September 2019 will be announced on 13 December 2019.

BOWL Stock performance

On 8th October 2019, at 09:30 A.M., while writing, Hollywood Bowl Group’s stock’s current market price was at GBX 230.00 per share, an increase of 1.32 per cent or GBX 3.00 per share as compared to the previous day’s reported closing price at GBX 227.00 per share. At the current market price, the company’s shares were trading 9.80 per cent below the 52-week high price of GBX 255.00 per share, which was set on May 24, 2019. This was also 33.93 per cent above the 52-week low price of 171.73, which the company’s shares set on December 06, 2018. The company’s market capitalisation (M-Cap) was currently reported at £340.50 million.

By the time of writing, 152,030 of company’s stocks had been traded for the day. The average volume of trade, per day, in the last one year was at 34,990 stocks. The company’s stock had gained 16.60 per cent in the last one year, from the price of 198.50.

FinnCap Group Plc

Finncap Group Plc (FCAP) is a London, the United Kingdom based financial services company that is engaged in the businesses of Investment Advisory and Brokerage. The company’s primary business activity includes providing clients in both Public and Private sector spaces with Equity Capital Market (ECM) research, leveraged through various professional experts practising Corporate Finance Research. The company’s other areas of expertise include Mergers and Acquisitions, Private Fundraising, sell-side advisory, buy-side advisory, debt advisory and consulting, dual-track services along with Sales trading and market-making as well as knowledge management from its in-house research team. The company’s industry wise expertise includes spaces like technology, media and telecommunication (TMT), Life Sciences, Industrial Technology, Consumer, Mining, Energy, Financial Institutions and other Support Industries.

FCAP Trading Update

On 8th October 2019, the company announced a trading update for the six months ended 30th September 2019. The company reported a robust overall performance, with the expectations of group revenues at £14.2 million for the six months ended 30 September 2019, which will be a significant increase of £5.1 million for the revenue reported for five months ended 30 September 2019 at £9.1 million. As per the statement, other operational highlights included the fact that the company won 12 new corporate retained clients along with 127 retained clients, the company signed 17 new sell-side mandates and executed or mandated on 8 bid or advisory mandates during the period.

FCAP Stock performance

On 8th October 2019, at 10:00 A.M., while writing, FinnCap’s stock’s current market price was at GBX 25.50 per share, no change as compared to the previous day’s reported closing price. At current market price, the company’s shares were trading 10.87 per cent above the 52 week low price of GBX 23.00 per share, which was set on September 26, 2019. This was also 14.71 per cent below the 52-week high price of 29.90, which the company’s shares set on December 05, 2018. The company’s market capitalisation (M-Cap) was currently reported at £43.28 million.

The average volume of trade, per day in the last one year was at 8,220 stocks. The company’s stock had gained 8.92 per cent since the closing price of 28.0 on the day it was listed on the exchange on December 05, 2018.

Robert Walters Plc

Robert Walters Plc (RWA) is a London based recruitment consulting firm. The company is engaged in the business of professional recruitment outsourcing and acts as a Managed Service Provider (MSP) as well as provider of statement of work solutions. The company’s set of solutions include Talent Engagement, Discovery and Implementation, Strategic Sourcing, HR Compliance and Risk Management, Candidate Management and Management information (MI) and analytics support.

RWA Trading Update

On 8th October 2019, the company made a press release, through which it announced a trading update for the third quarter ended 30 September 2019. The company reported the group gross profit for Q3 2019 at £105.6 million, 4 per cent year on year increase (AER basis) from £101.2 million in Q3 2018. This was driven by massive growths in the Asia Pacific and Europe regions with year on year growth at 9 per cent and 10 per cent (AER basis) respectively, in part offset by decline in growth of the UK and Other International divisions. The company expects the full year profit to be in line with the prior year. The company also reported that it had a robust balance sheet at the end of the period with net cash of £81.6 million as on 30th September 2019.

RWA Stock performance

On 8th October 2019, at 10:30 A.M., while writing, Robert Walter Plc’s stock’s current market price was at GBX 456.53 per share, a decrease of 6.83 per cent or GBX 33.47 per share as compared to the previous day’s reported closing price at GBX 490.00 per share. In day’s trading session, the company’s shares set a new 52-week low price of GBX 430.00 per share. The company’s market capitalisation (M-Cap) was currently reported at £372.25 million.

By the time of writing, 26,030 shares of the company had been traded for the day. The average volume of trade, per day, in the last one year was at 73,870 stocks. The company’s stock had lost 28.67 per cent in the last one year, from the price of 640.00. The Beta of the stock was at 0.4880 which signifies that the stock price movement is less volatile in comparison with the movement of the benchmark index.

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