3 talked about stocks - FBR, APT, AB1

  • Apr 05, 2019 AEDT
  • Team Kalkine
3 talked about stocks - FBR, APT, AB1

Let us take a look at some of the most talked about stocks these days on the street.

Fastbrick Robotics Limited (ASX: FBR)

FBR is a mobile robotic technology company for brick and block construction industry. It has built a construction robot named Hadrian 105 that is capable of building multi-room block structures without any human interventions using 3D CAD model. The company holds partnerships with GP Vivienda and Caterpillar for Hadrian X. Recently FBR and Brickworks extend the negotiation period in relation to the proposed joint venture between the parties. On 8th March 2019, the company announced Ms Rachelle Brune to be appointed as Joint Company Secretary, effective immediately. The company has a market cap of A$115.1 million. The stock is trading around A$0.079, down by 3.66% as of 5th April 2019, and trending towards the 52-week low of A$0.067 and has dropped by more than half (51.7%) in the last six months

Afterpay Touch Group Limited (ASX: APT)

Afterpay Touch is an information technology company based in Australia that offers payment solutions through its retail payment platform. The company has also commenced its operations in the US with several significant lifestyle retailers apart from New Zealand and Australia. The company also posted good numbers in its 1HFY19 financial result and posted an increase in total income by 85% 112.3 million from $ 60.7 million primary reason being strong growth in underlying sales. The company was able to achieve a healthy net cash inflow of A$42.3 million from A$25 million in one year. The total number of active customers grew from 1.4 million to over 3.1 million in 1 year. The company Is trading with a market cap of A$5.59 billion. The stock price is trading at A$24.4, up by 3.83% as of 5th April 2019, which is very close to the 52-week high of A$24.7. In the past three months, the stock has given a massive rally of 94.5%.

Animoca Brands Corporation Limited (ASX: AB1)

The company is in the information technology space and makes applications for smartphones and tablets. In order to increase the competitiveness, the company recently acquires Stryking which is the creator of Football-Stars for upfront consideration of A$1.58 million (payable in shares). It has also entered into a binding term sheet with Lucid Sight, Inc to promote its portfolio of games and implement assets from this portfolio into the Company’s blockchain titles. On 1st April, the company released an annual report to the shareholders for the year ended 31st December 2018. It reported exceptional performance on the Operating revenue front which increased by 97% to $12.8 million on a YOY basis. It raised $16.65 million capital via institutional and strategic placements and ended the year with $7.66 million of cash and cash equivalents. With the market cap of A$78.97 million, the company’s stock (suspended on 3rd April and resumed trading on 4th April on releasing capital raising announcement of completion of a $4.6 million placement) is trading at A$0.12, up by 14.29% as of 5th April 2019 which is its 52 week and has risen by 12.9% in the last six months.


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