MSE Index gains ground as MIA heads north

MSE Daily Trading Report, 01 April, 2021

 

MSE Equity Total Return Index7,792.985 points0.28%
MSE Malta Government Stocks Total Return Index1,124.271 points-0.10%
MSE Corporate Bonds Total Return Index1,108.735 points0.30%

 

  • The best performers were Tigne’ Mall plc (+2.9%), and Malta International Airport plc (+1.7%).
  • The only negative performer was Bank of Valletta plc (-0.2%).
  • Malta International Airport plc was the most liquid as it generated a total turnover of €30,050. Nine deals involving 4,954 shares were executed.

 

  • Grand Harbour Marina plc approved the financial statements for the period ended December 31, 2020, and resolved that they will be submitted for the approval of the shareholders at the forthcoming Annual General Meeting.
    • Total revenue decreased marginally from €4.12 million to €4.10 million while profit before increased from €0.4 million to €0.81 million.
    • The Company’s total assets increased by 1.2% to €28.3 million while liabilities declined marginally to €24.9 million.
    • No dividends were declared by the Company for the year ended December 31, 2020.
    • Click here to download announcement.
  • Plaza Centres plc is scheduled to meet on April 28, 2021, to consider and if thought fit approve, the Group’s Financial Statements for the financial year ended December 31, 2020.
    • The board also announced that during the month of March 2021 the Company purchased a total of €25,000 (nominal value) in 3.9% unsecured bonds 2026 (MT0000121203).
    • The said bonds shall be cancelled forthwith and may not be re-issued or re-sold. Furthermore, the Board of Directors announces that the Company extends the offer to stand in the market for the balance out of the original €2,000,000, of €1,220,000 until the June 20, 2021 at a maximum price of €104.5 per Bond.
    • Click here to download announcement
  • RS2 Software plc announced that it has applied for and obtained authorisation for the publication of the Supplement to the Prospectus dated February 19, 2021, issued in respect of an offer of up to 28,571,400 Preference Shares having a nominal value of €0.06 per Preference Share (at an Offer Price of €1.75 per Preference Share) in RS2 Software plc.
    • The Supplement is being issued for the purpose of updating certain information. Firstly, in the event that the Offer is not fully subscribed for, the Issuer will proceed with the allotment and listing of the Preference Shares subscribed for.
    • Moreover, the Offer Period is being extended until April 16, 2021. Investors who subscribed for the Preference Shares before March 30, 2021, are entitled to withdraw their application within three Business Days following the publication of this Supplement.
    • The final date of such right of withdrawal is April 6, 2021. No withdrawals will be accepted after such date. The equity started off the week in the red but managed to recover as it closed 0.6% higher at €1.80. Six deals involving 13,000 shares were executed.
    • Click here to download announcement
  • Medserv plc announced that the board of directors is scheduled to meet on the April 30, 2021, to consider, and if thought fit, approve the annual financial statements of the Company and of Medserv Operations Limited, in each case for the financial year ended December 31, 2020.
    • Click here to download announcement

 

The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change
BOV16,34814,222.7660.870-0.23
MIA4,95430,050.0096.1001.67
RS21,3692,464.2021.8000.00
TML2,8922,082.2410.7202.86
BMIT4,0002,120.0010.5300.00

 

The Corporate bonds traded today were:

 Closing Price% Change
5.5% Mediterranean Investments Holding plc Unsecured € 202399.500-0.50
6% Medserv plc Sec. & Grntd €  Notes 2020-2023 S1 T1101.0000.00
4.4% Von der Heyden Group Finance plc Unsecured € 2024101.0000.90
5% Hal Mann Vella Group plc Secured € 2024105.0100.01
5.1% 1923 Investments plc Unsecured € 2024101.5000.01
4.25% Best Deal Properties Holding plc Secured € 2024104.0000.00
5.75% International Hotel Investments plc Unsecured € 2025102.9900.00
4.5% Hili Properties plc Unsecured € 2025103.5001.47
5.75% Medserv plc Unsecured USD 202693.000-1.05
4% Merkanti Holding plc Secured € 2026101.0000.00
5% Dizz Finance plc Unsecured € 2026100.0000.00
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026100.5000.00
3.75% Premier Capital plc Unsecured € 2026102.1000.10
4% International Hotel Investments plc Unsecured € 2026100.7500.75
3.75% Mercury Projects Finance plc Secured € 2027103.0000.49
4.35% SD Finance plc Unsecured € 2027101.5000.00
3.75% Virtu Finance plc Unsecured € 2027103.0000.00
3.85% Hili Finance Company plc Unsecured € 202899.8001.84
4.15% Phoenicia Finance Company plc Unsecured € 2023-202899.400-0.10
4% SP Finance plc Secured EUR Bonds 2029101.9900.00
3.75% AX Group plc Unsec Bds 2029 Series II103.0000.49
3.5% Bank of Valletta plc € Notes 2030 S2 T1102.4700.46
4% Cablenet Communication Systems plc Unsecured € 2030104.0000.97
4.65% Smartcare Finance plc Secured € 2031101.7501.75

 

The Government Stocks traded today were:

 Closing Price% Change
4.8% MGS 2028 (I)135.450-0.03
5.1% MGS 2029 (I)145.0002.17
5.25% MGS 2030 (I)145.410-0.40
4.65% MGS 2032 (I)145.230-0.53

 

The Prospects MTF bonds traded today were:

 Closing Price% Change
5% HH Finance Plc Unsecured Euro Bonds 2023-202899.000-0.45%
5% Horizon Finance plc Secured Callable € Bonds 2026-2029101.0000.00%
4.75% KA Finance plc Secured Callable Bonds 2026-202998.9000.00%

 

This article, which was compiled by Jesmond Mizzi Financial Advisors Limited, does not intend to give investment advice and the contents therein should not be construed as such. Jesmond Mizzi Financial Advisors Limited is licensed to conduct investment services by the MFSA and is a Member Firm of the Malta Stock Exchange. The directors or related parties, including the company, and their clients are likely to have an interest in securities mentioned in this article. For further information contact Jesmond Mizzi Financial Advisors Limited at 67, Level 3, South Street, Valletta, or on Tel: 21224410, or email [email protected]