Analysing the business performances of LSE listed TENG, ATST and DIGS

The year 2019 has been particularly exacting for many companies in the United Kingdom due to the challenging trading environment. However, there were individual companies which were able to beat the downturn and managed to stay in the black. Below we look at the performance of Ten Lifestyle Group Plc, Alliance Trust Plc and GCP Student Living Plc who were able to sustain the downwards pressures and managed to come out stronger. All three companies belonging to three different sectors have, however, underperformed today at the London Stock exchange in trading till now.Â

Ten Lifestyle Group Plc

Ten Lifestyle Group Plc (LON: TENG) is a United Kingdom domiciled company providing travel and lifestyle services to wealthy individuals. The company organises dining, travel and entertainment services far cheaper and quicker than individuals can do themselves.

The stock of the company was first admitted to the London Stock Exchange on 22 November 2017, there they are identified and traded with the ticker name TENG on the Alternative investment market (AIM) segment of the London Stock Exchange. The shares of the company are part of the FTSE AIM All-Share index.

Trading Update.

The company on 06 March 2020 came out with an update on the half-year financial results of the company for the period ended on 29 February 2020 to be released on 14 May 2020.

  • The company expects its adjusted EBITDA to break even for H1 2020, whereas it had sustained an adjusted EBITDA loss of £2.5 million in H1 2019.
  • The net cash in the books of the company as on 29 February 2020 stood at approximately £9.5 million, whereas for the period ended 31 August 2019 the net cash standing in its books was £12.3 million.
  • The company expects to achieve a net revenue growth lower than expectations for FY20.

Ten Lifestyle Group Plc Stock Trading Performance at The London Stock Exchange

Source- Thomson Reuters

On 06 March 2020, the shares of the Ten Lifestyle Group Plc were trading on the London Stock Exchange at GBX 76.35, and the company had a market capitalisation of £66.94 million at the time of writing of this report.

The shares of the company have touched a price of GBX 139.00 on the higher side and a price of GBX 58.00 on the lower side in the past 52 weeks of trading on the exchange.

The traded volumes of the stock of Ten Lifestyle Group Plc on 06 March 2020 at the time of writing this report stood at 400,316; the stock's average daily traded volume over the past five days stood at 71,334.80, over the past 30 days it stood at - 73,691.57 and over a period of past 90 days it stood at – 94,151.24. The stock has a beta of 0.61, which, compared against the benchmark index, represents lower volatility. In the last one month period, the shares have given a -35.41 per cent return, and on a year to date basis, they have provided a return of -38.06 per cent.

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Outlook

The company has witnessed a decline in travel-related plans of its customers during the first half of the year due to the coronavirus scare. The company estimates that the revenues for FY2020 will remain flat on this account.

Alliance Trust Plc

Alliance Trust Plc (LON: ATST) is a United Kingdom domiciled investment trust company. The company manages its funds to deliver long-term capital growth as well as income to investors by investing in global equities at competitive costs. The company blends stock selection skills of top active fund managers in the profession while carefully managing risk and volatility. The trust is an Association of Investment Companies (AIC) dividend hero for having raised dividends for 53 consecutive years.

The stock of the company was first admitted to the London Stock Exchange on 17 July 1947, there they are identified and traded with the ticker name ATST on the Premium main market segment of the London Stock Exchange. The shares of the company are part of the FTSE 250 index.

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Results Update.

The company on 06 March 2020 came out with an update on the full-year financial results of the company for the year ending on 31 December 2019

  • The company’s NAV per share as on 31 December 2019 stood at 875.9 pence, whereas its NAV for 31 December 2018 stood at 723.6 pence, registering a growth of 21 per cent.
  • The company raised its dividend for the year to 13.96 pence per share while for the year 2018 it had paid a dividend of 13.55 pence per share.
  • Ongoing Charges Ratio came in at 0.64%, down from 0.65% in 2018

Alliance Trust Plc Stock Trading Performance at The London Stock Exchange

Source- Thomson Reuters

On 06 March 2020, the shares of the Alliance Trust Plc were trading on the London Stock Exchange at GBX 739.00 and the company had a market capitalisation of £2.53 billion at the time of writing of this report.

The shares of the company have touched a price of GBX 880.00 on the higher side and a price of GBX 728.00 on the lower side in the past 52 weeks of trading on the exchange.

The traded volumes of the stocks Alliance Trust Plc on 06 March 2020 at the time of writing this report stood at 294,298; the stock's average daily traded volume over the past five days stood at 683,969.00, over the past 30 days it stood at - 350,542.17 and over a period of past 90 days it stood at – 324,905.80. The stock has a beta of 1.00, which, compared against the benchmark index, represents the same level of volatility. In the last one month period, the shares have given a -10.70 per cent return, and on a year to date basis, they have provided a return of -8.57 per cent.

Outlook

The company has given an excellent performance for the year; it outperformed not only many of its peers but also the benchmark index. The company also increased its dividend by 3 per cent for the year.

GCP Student Living Plc

GCP Student Living Plc (LON: DIGS) is a United Kingdom domiciled REIT. The trust was the first in the United Kingdom to focus solely on student residential accommodation. The company primarily invests in properties in and around London, where the company believes the maximum value creation opportunity exists because of the increasing number of international students.

The stock of the company was first admitted to the London Stock Exchange on 20 May 2013, there they are identified and traded with the ticker name DIGS on the Premium main market segment of the London Stock Exchange. The shares of the company are part of the FTSE 250 index.

Results Update.

The company on 06 March 2020 came out with an update on the half-year financial results of the company for the period ending on 31 December 2019.

  • The total rental income of the company for the period stood at £24.6 million.
  • The company has declared a dividend of 3.15 pence per share for the period.
  • Net initial yield for the operating portfolio came in at 4.42%

GCP Student Living Plc Stock Trading Performance at The London Stock Exchange

Source- Thomson Reuters

On 06 March 2020, the stock of the GCP Student Living Plc was trading on the London Stock Exchange at GBX 186.10 and the comapny had a market capitalisation of £882.74 million at the time of writing of this report.

The shares of the company have touched a price of GBX 212.50 on the higher side and a price of GBX 151.11 on the lower side in the past 52 weeks of trading on the exchange.

The traded volume of the stock of GCP Student Living Plc on 06 March 2020 at the time of writing this report stood at 566,995; the stock's average daily traded volume over the past five days stood at 1,926,044.40, over the past 30 days it stood at - 1,160,858.47 and over a period of past 90 days it stood at – 1,158,441.38. The stock has a beta of 0.39, which, compared against the benchmark index, represents lower volatility. In the last one month period, the shares have given a -5.37 per cent return, and on a year to date basis, they have provided a return of -2.02 per cent.

Outlook

The company has generated an excellent rental income for the period. The company's strategy of focusing on the market in and around London has given its rich dividends. In the future periods, the coronavirus scare could put some pressure on its rentals; however, the company is hopeful of delivering excellent performance for the next financial year as well.

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