Bisichi (BISI)

Sector:

Mining

 70.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 82.50
  • 52 Week Low: 45.00
  • Currency: UK Pounds
  • Shares Issued: 10.68m
  • Volume: 2,976
  • Market Cap: £7.47m
  • RiskGrade: 154

Bisichi in the black as coal production up

By Michael Millar

Date: Thursday 30 Aug 2012

LONDON (ShareCast) - South Africa-focused coal miner Bisichi Mining jumped back into profit in the first half, driven by a third opencast at its Black Wattle Colliery.

Revenues grew to £16.5m, from £13.2m the year before, with profits coming in at £1.1m.

This compared with a loss of £1.8m in the first six months of 2011.

Earnings per share were 10.9p, up from a loss per share of 11.5p the previous year.

The turnaround at the Black Wattle Colliery was largely attributable to the opening of a third opencast pit early in the second half of last year and the selling of Bisichi's coal into new, lower quality, markets.

This allowed the firm to mine coal that would otherwise be unsuitable for supply to its traditional, higher quality market.

As a result of the opening of the new pit, the mines' monthly production for the first six months of 2012 increased to an average of 150,000 metric tonnes.

This compared with the average monthly production of 110,000 metric tonnes achieved in the same period last year and 135,000 metric tonnes achieved in the second half of 2011.

Chairman Michael Heller said he saw the strong demand for his firm's coal which continuing for the rest of the year.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Bisichi Market Data

Currency UK Pounds
Share Price 70.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 82.50
52 Week Low 45.00
Volume 2,976
Shares Issued 10.68m
Market Cap £7.47m
RiskGrade 154

Bisichi Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
63.10% above the market average63.10% above the market average63.10% above the market average63.10% above the market average63.10% above the market average
30.58% above the sector average30.58% above the sector average30.58% above the sector average30.58% above the sector average30.58% above the sector average
Price Trend
56.81% below the market average56.81% below the market average56.81% below the market average56.81% below the market average56.81% below the market average
18.46% below the sector average18.46% below the sector average18.46% below the sector average18.46% below the sector average18.46% below the sector average
Income Not Available
Growth
19.14% below the market average19.14% below the market average19.14% below the market average19.14% below the market average19.14% below the market average
25.81% below the sector average25.81% below the sector average25.81% below the sector average25.81% below the sector average25.81% below the sector average

Bisichi Dividends

  Latest Previous
  Interim Final
Ex-Div 09-Jan-20 04-Jul-19
Paid 14-Feb-20 26-Jul-19
Amount 1.00p 3.00p

Trades for 17-Sep-2021

Time Volume / Share Price
15:13 2,976 @ 69.00p

Bisichi Key Personnel

Chair Michael A Heller
Finance Director Garrett Casey

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