A Look At 3 Small-Cap Stocks- PUA, 8CO, JCS

Small-Cap Stocks

Pure Alumina Limited

Pure Alumina Limited (ASX: PUA), is a Sydney-based company, engaged in the production of high purity alumina and gold in Australia. It wholly owns the high-grade Kaolin deposit at Yendon near Ballarat, Victoria and has also developed a hydrochloric acid-based process to extract alumina, purify it, and convert it to high purity alumina. With a market cap of ~ AUD 9.07 million, the PUA’s stock price closed the trading session, on 13th May 2019, at AUD 0.066, up by 24.528% by AUD 0.013. PUA has also generated a YTD return of 15.22%.

Recently, Tolga Kumova and Kitara Investments Pty Ltd increased its shareholding in the company from 6.72% to 9.29% voting power on the purchase of additional 6 million ordinary shares at a price of $0.07 per share. Also,  on 9th May 2019, Pure Alumina informed that Polar Sapphire has been operating its pilot plant at full capacity to deliver almost 10 tonnes of 99.999% (5N) high purity alumina (HPA) in the last two weeks, from the date of this announcement. Pure Alumina is currently completing the acquisition of Canada-based HPA producer, Polar Sapphire. Commercial HPA production is scheduled to begin within a year and Pure Alumina plans to undertake R&D to integrate its kaolin process with Polar Sapphire’s proprietary technology.

8common Limited

8common Limited (ASX: 8CO) is into designing and developing software solutions to aid in the control of costs, productivity, and lead generation. The company’s flagship product expense8 provides travel & expense management and card application & management to large businesses including Broadcast Australia, Woolworths, Amcor and around 117 State and Federal government agencies in Australia.

The company’s market capitalisation is ~ AUD 26.96 million to date. On 13th May 2019, the 8CO’s stock price was down by 5.405%, with the close of the trading session, to AUD 0.175, by AUD 0.010 with ~ 0.87 million shares traded. 8CO’s YTD return is also positive at a high of 428.57%.

On 10th May 2019, 8common announced that its wholly owned subsidiary Expense8 has entered into a contract with shared service hub the Federal Department of Industry, Innovation and Science (DIIS) for the provision of Expense8 services. For the quarter ended 31ST March 2019, the company recorded a 72% Year-on-Year increase in revenue to $955K along with cash receipts of $1.066 million, up by more than 87% Year-on-Year.

JCurve Solutions Ltd

JCurve Solutions Limited (ASX: JCS), headquartered in Chatswood, Australia, is a cloud technology company that offers enterprise resource planning (ERP) and telecommunications expense management solutions to clients across New Zealand, Australia and Singapore. With around 327.86 million outstanding shares and a market cap of ~ AUD 11.8 million, the JCS’ stock price closed the day’s trading session, at AUD 0.038, shooting up 5.556% by AUD 0.002 (as on 13 May 2019). JCS’s three-month return yield is around 33.33%.

Recently, JCurve Solutions announced its half-yearly results for the six months to 31st December 2018 (1H FY19), positioning its business for long term sustainable growth. The consolidated revenue increased by 3% and the consolidated sales by 4% as compared to the prior corresponding period (1H FY18). The EBITDA loss remained consistent at $0.1 million and the cash balance as of the end of half year stood at $3.3 million, up from $2.7 million in the pcp. During the concerned period, the business earned 34 new Australian ERP customers and expensed ~ $0.2 million of investments in R&D to further enhance the Riyo Platform.


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