8 Stocks on the Rise - AMG, CL8, PDZ, JJF, PAA, ACF, WEL and SCL

August 28, 2018 06:19 PM AEST | By Team Kalkine Media
 8 Stocks on the Rise - AMG, CL8, PDZ, JJF, PAA, ACF, WEL and SCL

Updates and financials:

AUSMEX MINING GROUP LIMITED (ASX:AMG) - From the 100% owned, ‘The Trump’ granted Mining Lease ML2549 within AMG’s suite of Cloncurry, Queensland assets, Ausmex Mining Group has announced exceptional RC drilling results. Including a 6m gold zone within oxide material from 75 – 81m, averaging over 1 Ounce per ton of Gold, Bonanza gold grades were intersected in the extension of drill hole TR17RC07 with grades of up to 172 g/t gold. The company’s cash and cash equivalents stand at $2.077 million. The stock was trading at a market price of $0.053, with a daily price change of $0.019 or a percentage change of 55.882% as at August 28, 2018.

COLLABORATE CORPORATION LIMITED (ASX:CL8) - The most lucrative program for the company is that its DriveMyCar business unit has entered into an affiliate program agreement with Airbnb and is a pay-for-performance program for partners who promote hosting on Airbnb. A 21% increase in receipts from customers, was concluded for FY18. Lowest cash used in operating activities for the year was in the June 2018 Quarter. The stock was trading at a market price of $0.021 and with a daily price change of $0.004 and a percentage change of 23.529% as at August 28, 2018. The stock has however, undergone a performance change of -46.88% over the past 12 months.[optin-monster-shortcode id="wxhmli4jjedneglg1trq"]

PRAIRIE MINING LIMITED (ASX:PDZ) - To facilitate substantial and more advanced discussions regarding any potential co-operation or transaction(s) options in respect of Prairie’s Polish coking coal projects, during the quarter June 30, 2018, Prairie and JSW continued to exchange technical and commercial information. Prairie is in a strong financial position to progress with its planned activities at Debiensko and Jan Karski, with CD Capital’s right to invest a further A$68 million as a cornerstone investor. Prairie also has a cash reserve of A$11 million. The stock was trading at a market price of $0.525 and with a daily price change of $0.095 and a percentage change of 22.093% as at August 28, 2018. The stock has undergone a performance change of -17.31% over the past 12 months.

JIAJIAFU MODERN AGRICULTURE LIMITED (ASX:JJF) - For the financial year ended 30 June 2018 the group recorded total revenue of $52,538,501, compared to $39,682,173 for the corresponding period of 2017, representing 32% increase. Due to the increase in gross profit by $4 million, from $1,760,052 in financial year 2017 to $6,000,935 in financial year 2018, the net profit after tax from continuing operations has increased reflecting a strong performance. The stock was trading at a market price of $0.120 and with a daily price change of $0.020 and a percentage change of 20% as at August 28, 2018. The stock has undergone a performance change of -60.00% over the past 12 months.

PHARMAUST LIMITED (ASX:PAA) - The business has been progressing successfully on several fronts. A canine Phase II clinical trial protocol with the assistance of its Clinical Advisory Board, has been developed by PharmAust, during the past three months. An additional 500,000 shares each on-market at a combined cost of $40,000, during the quarter Messrs Bishop and Wright purchased. The cash and cash equivalents stand at $1.876 million as at June 30, 2018. The stock was trading at a market price of $0.043 and with a daily price change of $0.005 and a percentage change of 13.158% as at August 28, 2018. The stock has undergone a performance change of -38.71% over the past 12 months.

ACROW FORMWORK AND CONSTRUCTION SERVICES LIMITED (ASX:ACF) - To 30 June 2018, the company business performed very strongly for the 12 months period. It has recorded highest number of revenues since 2013 with $65.3 million. The company’s sales contribution margin is of 60.2% while sales contribution is of $39.3m. It has Strong Operating Cash Profit of $9.0m and ending cash balance of $4.9m which shows the decent financial position of the company. The stock was trading at a market price of $0.420 and with a daily price change of $0.075 and a percentage change of 21.739% as at August 28, 2018, the stock is trading near its 52-week high. The stock has undergone a performance change of 35.29% over the past 12 months.

WINCHESTER ENERGY LTD (ASX:WEL) - For the June 2018 quarter, gross oil production was 12,660 barrels of oil. The total revenue was US$357,807 for the June 30, 2018 quarter. Out of which oil revenue was US$337,092 and total gas sales revenue was US$20,715. In eight producing wells, Winchester currently has a 50% working interest. The total cash and cash equivalents for the June 2018 quarter stands at $1.150 million. The stock was trading at a market price of $0.021 and with a daily price change of $0.003 and a percentage change of 16.667% as at August 28, 2018, the stock is trading near its 52-week high. The stock has undergone a performance change of -77.50% over the past 12 months.

SCHROLE GROUP LTD (ASX:SCL) - To provide comprehensive recruitment services to international schools, Schrole has entered transformational alliance with ISS. As at July 31, 2018. Representing a year-on-year increase of over 58%, Schrole has continued its sales of the Connect platform with the number of active licenses increasing to 160. From customers for the period of June 30, 2018, the company had receipts of approximately $438,000 and has a cash balance of approximately $1.7m. The stock was trading at a market price of $0.016 and with a daily price change of $0.002 and a percentage change of 14.286% as at August 28, 2018. The stock has undergone a performance change of -56.25% over the past 12 months.

Dividend Stocks To Buy

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.

One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkine’s team of analysts bought you handpicked report for “Top 25 Dividend Stocks For 2018.”

ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.

Click here to get your free report.


Disclaimer

The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. Kalkinemedia.com and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.