Consistently providing decent returns and showing growth potential are some of the reasons why these stocks are being talked about. Let’s see in detail what these stocks have to offer to the investors.
BIOTRON LIMITED (ASX: BIT) – The net loss after tax from ordinary activities were down by 48.48% to $1,593,645 because of which the board decided not to declare any dividends for the current year or the previous financial year. The company completed a capital raising by way of an underwritten renounceable rights issue raising $1.4 million after costs in the second half of the financial year. The cash and cash equivalents at the end of June 30, 3018 is of $1,543,002 which is however down from $1,987,384 in 2017. As at October 8, 2018, the stock of Biotron Limited traded at a market price of $0.105 and has seen a performance change of a staggering 369.98% over the last twelve months period.
LYNAS CORPORATION LIMITED (ASX: LYC) – As compared to prior corresponding period, the group has delivered a good set of result in March quarter and recorded sales growth of 24% in Q3 FY18 that amounted to A$85.9 Mn. With cash flows from operating activities increasing from $34.0 million in FY17 to $118.5 million in FY 18 cash flows were strong. Compared with $257.0 million in FY17, Lynas achieved record total sales revenue after commission of $374.1 million in FY18. During the same period the company’s market capitalization increased from $386 million to $1.55 billion. As at October 8, 2018, the stock of Lynas Corporation traded at a market price of $1.835 and has seen a performance change of 9.17% over the last five-day period.
THE A2 MILK COMPANY LIMITED (ASX: A2M) – Amounting to $922.7 Mn in FY18 over the prior year the company recorded revenue growth of 68%. Due to the strong volume growth of its product mix across the region the sales spiked up. Marking an impressive growth of 101% against pcp, EBITDA stood at $283 Mn in FY18. The company’s ability to leverage its fixed costs while increasing its investment in the business is reflected in the growing revenue result. The company recorded net profit after tax of $195.7 Mn in FY18 compared to a profit of $90.6 Mn in FY17. As at October 8, 2018, the stock of A2M milk corporation traded at a market price of $9.610 and has seen a performance change of 45.84% over the last 12 months period.
AFTERPAY TOUCH GROUP LIMITED (ASX: APT) – Revenue and other income changed by 390% to $142 million along with EBITDA change of 468% to $34 million representing strong financial performance. Compared to $9.6 Mn in FY17 the company posted a loss in FY18 at $9.0 Mn in FY18. Compared to $78.87 Mn in FY17, net cash flow used in operating activities was recorded at $105.33 Mn. Compared to $29.60 in FY17, at the end of FY18, the company is left with the lower cash and cash equivalents at $25.46 Mn. ROE has been trending negative at -10.4% as the company failed to make profit. As at October 8, 2018, the stock of Afterpay Touch traded at a market price of $16.730 and has seen a performance change of 328.57% over the last 12 months period.
SKY AND SPACE GLOBAL LTD (ASX: SAS) – The income of the company increased from $54,376 in June 30, 2017 to $71,454 as at June 30, 2018. However, the board decided not to declare any dividends for the current year or the previous financial year. Although negative, as compared to the previous year the earning per share (EPS) of -1.10 in 2017, was better at -0.49 in 2018. As at June 30, 2018 the company had cash and cash equivalents at the bank of $8.9 million compared to $9.94 million in 2017. As at October 8, 2018, the stock of Sky and Space Global limited traded at a market price of $0.058 which is close to its 52-week low and is expected to bounce back, the stock has seen a performance change of -68.95% over the last 12 months period.
The Income available from dividends remains attractive for many investors.
We take a look at the best yields on the market and assess what they say about a company’s prospect.
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