Two Stocks In Limelight: Helios Towers Plc & Highland Gold Mining Ltd

  • Dec 30, 2019 GMT
  • Team Kalkine
Two Stocks In Limelight: Helios Towers Plc & Highland Gold Mining Ltd

Helios Towers Plc

Helios Towers Plc (LON: HTWS) is UK-based independent telecommunication infrastructure tower company in five of Africa’s high growth market. It is a market leader in its domain that helps mobile operators to roll out and improve exposure in high-growth markets. The company has 350 direct employees and supports more than 10,000 contract employees who are involved in the security and maintenance of the tower network. In 2018, the company boosted local talent with an ongoing and substantial investment in 31 Black Belts training and 88 Lean Six Sigma Orange Belts. By the end of 2018, 35% of people had taken these kinds of training.

HTWS - News Updates

On 03rd December 2019, the company confirmed that there was a decrease in the nominal value of every share in the capital from £1.00 to £0.01. The company’s total number of issued ordinary shares was 1,000 million of £0.01 each.

HTWS – Financial Highlights

On 14th November 2019, the company came up with its results for the three and nine months ended 30th September 2019.

The company’s revenue increased to US$97.3 million in the third quarter of FY2019 as compared to US$88.1 million in the third quarter of FY2018, a change of 10.44 per cent. The adjusted EBITDA increased to US$52.5 million in the third quarter of FY2019 as compared to US$45.2 million in the third quarter of FY2018, a change of 16.15 per cent. The operating profit/(loss) for the period increased to US$0.1 million in the third quarter of FY2019 as compared to a loss of US$3.0 million in the third quarter of FY2018.

The company’s tenants increased by 9 per cent year-on-year to 14,226 tenants in the third quarter of 2019 as compared to 13,063 tenancies in the third quarter of 2018. The company’s site increased by 5 per cent year-on-year to 6,903 locations during the third quarter of 2019 as compared to 6,560 total sites during the third quarter of 2018.

The company’s revenue increased to US$288.0 million during nine months of FY2019 as compared to US$266.2 million during nine months of FY2018, a change of 8.19 per cent. The adjusted EBITDA increased to US$151.5 million during nine months of FY2019 as compared to US$131.1 million during nine months of FY2018, a change of 16.15 per cent. The operating profit/(loss) for the period increased to US$12.7 million during nine-month of FY2019 as compared to a loss of US$5.1 million during nine months of FY2018.

(Sources: LSE)

The company’s adjusted EBITDA margin increased to 54% in the third quarter of FY2019 as compared to 51% in the third quarter of FY2018. The adjusted EBITDA margin increased to 53% during nine-month of FY2019 as compared to 49% during nine-month of FY2018.

HTWS - Share Price Performance

On 30th December 2019 as at 12:12 GMT, while writing the report HTWS share price was trading at GBX 151.50 per share on the London Stock Exchange, a drop of 1.37 per cent or GBX 2.10 per share, as compared to the GBX 153.60 per share which was previous day closing price.

The 52-week highest share price was GBX 155.0, which was reported on 30th December 2019, whereas the 52-week lowest share price was GBX 113.0, which was reported on 07th November 2019. The current share price was down by 2.26 per cent from the 52-week highest price, whereas it was higher by 34.01 per cent from the 52-week lowest price.

The market capitalisation of the company was GBP 1.53 billion at the time of writing. The free float was reported of the HTWS at 858.06 million and, the share outstanding was reported at 1.00 billion.

Highland Gold Mining Ltd

Highland Gold Mining Limited (LON: HGM) was incorporated on 23rd May 2002 in Jersey for the objective of consolidating, acquiring and creating a portfolio of best quality gold mining projects with excellent growth potential in the Russian Federation. The company is operating in Kyrgyzstan in Central Asia as well as in three other centres Zabaikalsky, Khabarovsk and Chukotka regions of Russia. The company currently has three development projects, four operating mines and three exploration properties. Since December 2002, the company has 363.8 million common shares in issue which trade on Alternative Investment Market in London.

HGM - News Updates

On 12th December 2019, the company approved interim dividend for £0.05 per share for 2019, will be distributed to investors on 17th January 2020. The payments for US dollar dividends are fixed at an exchange rate of 1.3178 GBP/US$ or US$0.066 per share.

On 3rd December 2019, the company announced the sale of 37,250 gram of gold for RUB 3009.5 per gram at the time of the transaction, consistent with the London spot price of US$1,455.35 - 1,456 per ounce. The sale was performed on 2nd December 2019.

On 2nd December 2019, the company announced the appointment of new Independent Non-Executive Director Deborah Gudgeon. She will serve to the Audit and Risk Committee as Chairperson and to the Health & Safety Committee and the Remuneration & Nominations Committee as a member.

HGM - Trading Updates

On 21st October 2019, the company announced the third-quarter operating result.

The company’s four operating mines produced 75,038 oz of gold and its equivalent in the third quarter of 2019 versus 74,826 oz in third quarter 2018. The company’s nine-month of gold and its equivalent production was 217,298 oz, a rise of 7 per cent from 203,747 oz in the first nine months of 2018.

The Production in Belaya Gora, as well as Mnogovershinnoye in the third quarter of 2019, was low year-on-year due to declines in grades and handling volumes but productivity at Mnogovershinnoye was 10% higher. However, Novoshirokinskoye showed some improve ratings in the third quarter of 2019, after a lower first half of 2019.

As per the company information, the average gold price was US$ 1,483 per ounce in the third quarter of 2019. Also, the company confirmed the forecast of 0.29 million – 0.3 million oz of gold and its equivalent as 2019 production.

HGM – Financial Highlights

On 3rd September 2019, the company came up with its results for the six months ended 30th June 2019.

The company’s revenue increased to US$174.7 million in H1 FY2019 as compared to US$146.9 million in H1 FY2018, a change of 18.9 per cent. The company’s operating profit increased to US$57.4 million in H1 FY2019 as compared to US$50.7 million in H1 FY2018, a change of 13.2 per cent. The net profit rose to US$45.7 million in H1 FY2019 as compared to US$28.6 million in H1 FY2018, a change of 59.79 per cent. The production at Mnogovershinnoye increased by 23.3% in half-year of 2019.

The company’s Earning Per Share increased to 0.125 cents in H1 FY2019 as compared to 0.88 cents in H1 FY2018. Additionally, the capital expenditure increased to US$31.3 million in H1 FY2019 as compared to US$26.5 million in H1 FY2018. The company’s net debt position increased to US$216.9 million in H1 FY2019 as compared to US$189.1 million in H1 FY2018.

(Sources: LSE)

HGM – Share Price Performance

On 30th December 2019 as at 13:00 GMT, while writing the report HGM share price was trading at GBX 192.60 per share on the London Stock Exchange, which was a rise of 0.52 per cent or GBX 1.00 per share, as compared to the GBX 191.60 per share, the previous day’s closing price.

The 52-week highest share price was GBX 257.20, which was reported on 05th September 2019, whereas the 52-week lowest share price was GBX 140.40, which was reported on 02nd January 2019. The current share price was lower by 25.12 per cent from the 52-week highest price, whereas it was higher by 37.18 per cent from the 52-week lowest price.

The market capitalisation of the company was GBP 692.75 Million at the time of writing. The free float was reported of the HGM at 204.58 million and, the share outstanding was reported at 363.90 million.

At the time of writing, the beta of the HGM share was reported at 1.27, which means its volatility is high as compared to the benchmark market index’s movement.

 

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