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: 10,000
  • Market Cap: £7.47m
  • RiskGrade: 154

Earnings rise as Bisichi Mining sees improved demand for coal

By Josh White

Date: Wednesday 28 Aug 2019

LONDON (ShareCast) - (Sharecast News) - Bisichi Mining reported an improvement in earnings in its half-year results on Wednesday, with EBITDA rising to £5.7m from £5.2m year-on-year, and adjusted EBITDA growing to £5.6m from £5.3m.
The London-listed firm said its profit before tax totalled £4.3m for the six months ended 30 June, compared to £4m at the same time last year.

Basic earnings per share were 24.75p, up from 22.25p year-on-year.

On the operational front, the company's total production was 655,000 tonnes for the period, down from 670,000 tonnes.

The board said the results reflected the "stable production and strong demand" for coal from its South African coal mining and processing operations.

It also noted that Black Wattle's acquisition of 1.9 million metric tonnes coal reserve remained subject to regulatory approval, telling shareholders that there was "no further news" to report at this stage.

The company also said its UK property portfolio was performing well, with planning application on a larger West Ealing development now submitted.

"Your directors intend to pay an interim dividend of 1p per share which will be paid on the 14 February 2020, to shareholders on the register at the close of business on 10 January 2020," the board confirmed in its statement.

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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 10,000
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
64.19% above the market average64.19% above the market average64.19% above the market average64.19% above the market average64.19% above the market average
32.76% above the sector average32.76% above the sector average32.76% above the sector average32.76% above the sector average32.76% above the sector average
Price Trend
44.78% below the market average44.78% below the market average44.78% below the market average44.78% below the market average44.78% below the market average
16.03% below the sector average16.03% below the sector average16.03% below the sector average16.03% below the sector average16.03% below the sector average
Income Not Available
Growth
19.87% below the market average19.87% below the market average19.87% below the market average19.87% below the market average19.87% 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 24-Sep-2021

Time Volume / Share Price
16:27 5,000 @ 73.00p
08:28 5,000 @ 68.50p

Bisichi Key Personnel

Chair Michael A Heller
Finance Director Garrett Casey

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