Flinders Mines Limited
The Perth, Western Australia-based Flinders Mines Limited (ASX:FMS), is an emerging company engaged in exploration and development of iron ore. Of late, its prime focus lies in the Pilbara Iron Ore Project, located in Pilbara region. The company also explores for diamond and phosphate deposits in South Australia and the Northern Territory.
On the Australian Securities Exchange (ASX), FMS has a market capitalisation of AUD 125.47 million. With the closing of the trading session on February 14th, 2019, the FMS stock last traded at a market price of AUD 0.048, up 33.33%, indicating an intra-day gain of AUD 0.012. The stock has mostly been down for the past six months (negative return of 52%) and only exhibited a recovering uptrend in the last five days generating a return yield of 5.88%.
For the quarter ended December 2018, the company recorded massive cash outflows from operating activities at AUD 2.3 million arising out of exploration, evaluation and corporate costs. There were no investing or financing activities, and the net increase in cash and cash equivalents amounted to AUD 2.81 million at the end of the period.
City Chic Collective Limited Â
City Chic Collective Limited (ASX:CCX), established in 1993 and based out of Alexandria, is a speciality retailer of womenâs fashion products and operates across the United Kingdom, Germany, Australia, the Republic of South Africa, New Zealand, and the United States. It also sells through online and wholesale stores.
City Chic has a market capitalisation of AUD 201.85 million with ~192.24 million outstanding shares till date. With the close of the trading session on February 14th, the CCX stock last traded at a market price of AUD 1.465, up 39.524%, indicating an intra-day gain of AUD 0.415. The stockâ return has been reasonably decent over the last six months at 9.95% and it has generated a YTD return of 5.53% so far.
For the half year ended December 31st, 2018 (H1 FY2019), the company posted sales revenue of $ 75.4 million, up by 7% on the prior period. The online sales contributed 40% to the total sales growth of 9.6%. Besides, the underlying EBITDA stood at $ 15.8 million, up 22% and the underlying EBITDA margin stood at 21%. The balance sheet also remained robust with net cash of $ 35.5 million.
Pearl Global LimitedÂ
Pearl Global Limited (ASX:PG1), is an Australia-based tyre processing company which applies unique, next-generation thermal desorption technology to cleanly convert tyres into valuable secondary products. The company is soon to begin commercial production at the rubber treatment plant in Stapylton, Queensland.
On the ASX, the company is listed with a market capitalisation of AUD 18.87 million with ~145.18 outstanding shares. With the close of the trading session on February 14th, the PG1 stock last traded at a market price of AUD 0.170, up 30.769%, indicating an intra-day gain of AUD 0.040. However, the stock has generated a negative YTD return of 23.53% so far.
In the last quarter ended December 31st, 2018, Pearl successfully commissioned two Thermal Desorption Units (TDUâs) at the Stapylton site and had net cash and cash equivalents at AUD 872,000.
Wellard LimitedÂ
Wellard Limited (ASX:WLD) is headquartered in Fremantle, Australia and primarily engaged in supplying live sheep and cattle to clients across the Middle East and Asia. It operates through two key segments comprising Trading & Chartering, and Other segments.
On the ASX, Wellard has a market capitalisation of AUD 23.91 million. With the close of the trading session, the WLD stock last traded at AUD 0.057, up 26.667%, indicating an intra-day gain of AUD 0.012. However, the stock has generated a negative YTD return of 13.46%.
The company posted impressive performance results for the second half of 2018. According to the interim financial report for the half year ended December 2018 (1H FY2019), the net profit after tax (NPAT) stood at $ 2.9 million, up by $ 10.3 million from previous yearâs loss of $ 7.4 million. Besides, the NPAT from continuing operations was recorded at $ 3.4 million, again up from the previous period's loss of $ 7.2 million. The EBITDA rose to $ 23 million from $ 7.7 million in the prior half year due to high vessel utilisation along with increased cattle trading and cost savings.
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