MSE Index ends the week in the green
MSE Daily Trading Report, 23 April, 2021
| MSE Equity Total Return Index | 8,252.192 points | 1.89% |
|---|---|---|
| MSE Malta Government Stocks Total Return Index | 1,127.063 points | 0.25% |
| MSE Corporate Bonds Total Return Index | 1,114.161 points | -0.20% |
- The best performers were Simonds Farsons Cisk plc (+15.6%), Medserv plc (+12.2%) and RS2 Software plc (+8.7%).
- The worst performers were FIMBank plc (-6.5%), BMIT Technologies plc (-4.8%) and PG plc (-1.9%).
- Bank of Valletta plc was the most liquid as it generated a total turnover of €40,230. Three deals involving 44,700 shares were executed.
- LifeStar Holding plc announced that an application for the admissibility of LifeStar Insurance’s ordinary shares to listing has been submitted to the Malta Financial Services Authority (MFSA) for approval.
- LifeStar Insurance intends to proceed with a public offer of subordinated bonds and that an application for the admissibility to listing has been submitted to the MFSA for approval.
- LifeStar Insurance also intends to offer holders of the €10,000,000 5.00% unsecured bonds maturing June 2, 2021 the option to exchange their bonds in the Company for Subordinated Bonds issued by LifeStar Insurance upon terms to be made available in the Subordinated Bond Prospectus.
- The board also approved the consolidated annual financial statements for the financial year ended December 31, 2020 and resolved that they be submitted for approval of the shareholders at the forthcoming Annual General Meeting.
- The pre-tax loss for the year amounted to €1.1 million compared to a profit of €2.1 million in the previous year.
- Group assets increased by 8.2% from €153.7 to €166.3 million in 2020.
- The Group’s net asset value at end of the year stood at €18.4 million, translating into a 3.7% decline from the previous year.
- The board do not recommend the declaration of a dividend.
- Click here to download announcement.
- Click here to download financial results.
- Lombard Bank Malta plc approved the audited financial statements for the financial year ended December 31, 2020 and resolved that these statements be submitted for approval at the forthcoming Annual General Meeting, to be held on May 28, 2021.
- The bank registered a profit before tax of €10.4 million for the financial year ended December 31, 2020 translating into a 32% decline when compared to 2019.
- Total assets rose to €1.1 million versus €1 million recorded in 2019.
- The CET1 ratio and total capital ratio stood at 15.8%, exceeding the minimum regulatory requirements while the group earnings per share decreased to 15 cents.
- The board resolved to recommend the payment of a final gross dividend of €0.03 (net dividend of €0.0195) per nominal €0.25 share which will be paid on June 9, 2021 to shareholders on the register as at April 28, 2021.
- Moreover, the board also resolved to recommend a bonus share issues of one share for every seventy-five shares held which will be allotted on June 24, 2021 to shareholders on the register as at June 23, 2021. The bonus issue will be funded by the capitalisation of reserves amounting to €147,000.
- Click here to download announcement.
- MIDI plc approved the audited consolidated financial statements for the year ended December 31, 2020. The board resolved that these shall be submitted for approval of the shareholders at the forthcoming Annual General Meeting to be held on June 17, 2021.
- The Group’s revenue declined from €27.7 million to €2.8 million. Similarly, a loss before tax of €1.6 million was recorded versus a profit before tax of €11.2 million in 2019.
- The Group’s net asset value has decreased from €104 million to €101.8 million as at December 31, 2020 equivalent to a net asset value per share of €0.476 compared to €0.486 as at end of 2019.
- The board did not recommend a dividend payment in respect of the year ended December 31, 2020, consistent with the position adopted in 2019. The aim is to preserve the Group’s cash resources taking into account projected liquidity demands over the coming months.
- Click here to download announcement.
- RS2 Software plc announced the results of the Preference Share Issue.
- The offer period closed on the April 16, 2021 and applications for a total amount of 8,989,600 Preference Shares (for a total value of €15,731,800) were received. All applications were met in full.
- The 8,989,600 Preference Shares are expected to be admitted to the Official List of the Malta Stock Exchange by latest April 30, 2021 and trading may commence as from May 3, 2021.
- Click here to download announcement.
The Equities traded today were:
| Symbol Code | Volume Traded | Value Traded | Trades | Closing Price | % Change |
| BOV | 44,700 | 40,230.00 | 3 | 0.900 | 0.00 |
|---|---|---|---|---|---|
| HSB | 8,000 | 6,800.00 | 1 | 0.850 | -1.16 |
| LOM | 3,500 | 6,970.00 | 2 | 2.000 | 8.11 |
| SFC | 805 | 7,050.00 | 5 | 10.000 | 15.61 |
| GO | 10,679 | 39,402.48 | 6 | 3.720 | 2.20 |
| FIM | 40,699 | 9,809.64 | 3 | 0.290 | -6.45 |
| MIA | 69 | 427.80 | 1 | 6.200 | 0.00 |
| MDS | 14,542 | 11,508.18 | 3 | 0.830 | 12.16 |
| RS2 | 12,750 | 23,570.55 | 4 | 2.000 | 8.70 |
| PG | 1,190 | 2,475.20 | 1 | 2.080 | -1.89 |
| BMIT | 48,100 | 24,050.00 | 4 | 0.500 | -4.76 |
The Corporate bonds traded today were:
| Closing Price | % Change | |
| 6% Mediterranean Investments Holding plc Euro 2021 | 95.000 | -2.06 |
|---|---|---|
| 5.8% International Hotel Investments plc 2021 | 100.750 | 0.00 |
| 3.65% GAP Group plc Secured € 2022 | 101.000 | 0.48 |
| 5% Mediterranean Investments Holding plc Unsecured € 2022 | 99.500 | 0.51 |
| 6% Medserv plc Sec. & Grntd € Notes 2020-2023 S1 T1 | 100.000 | -0.01 |
| 4.4% Von der Heyden Group Finance plc Unsecured € 2024 | 100.010 | -1.85 |
| 5.1% 1923 Investments plc Unsecured € 2024 | 101.700 | 0.00 |
| 4.25% Best Deal Properties Holding plc Secured € 2024 | 104.250 | 0.00 |
| 5.75% International Hotel Investments plc Unsecured € 2025 | 104.000 | 0.00 |
| 5.25% Central Business Centres plc Unsecured € 2025 S2T1 | 102.500 | -0.97 |
| 5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026 | 100.200 | 0.00 |
| 4% MIDI plc Secured € 2026 | 104.000 | -0.48 |
| 4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026 | 101.000 | 0.00 |
| 3.75% Premier Capital plc Unsecured € 2026 | 103.100 | 0.10 |
| 3.75% Tumas Investments plc Unsecured € 2027 | 103.500 | 1.48 |
| 4% Stivala Group Finance plc Secured € 2027 | 103.500 | -0.48 |
| 3.85% Hili Finance Company plc Unsecured € 2028 | 99.900 | 0.15 |
| 4% Exalco Finance plc Secured € 2028 | 102.050 | 0.53 |
| 3.8% Hili Finance Company plc Unsecured € 2029 | 98.500 | -1.39 |
The Government Stocks traded today were:
| Closing Price | % Change | |
| 4.5% MGS 2028 (II) | 136.000 | 2.06 |
|---|---|---|
| 2.3% MGS 2029 (II) | 125.000 | 0.00 |
| 5.25% MGS 2030 (I) | 144.700 | 0.00 |
| 4.3% MGS 2033 (I) | 143.130 | 0.09 |
| 2.2% MGS 2035 (I) | 125.000 | 4.52 |
| 2.5% MGS 2036 (I) | 123.000 | -0.06 |
| 3% MGS 2040 (I) | 134.000 | 0.05 |
The Prospects MTF bonds traded today were:
No trades recorded.
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]