Three ASX retail shares grabbing investors’ attention – JAT, CL8, PMV

Highlights

  • ASX-listed retail space players have been gaining traction amid the holiday season.
  • ANMA, a subsidiary of retailing firm JAT, is set to boost its revenue with a new dairy purchaser agreement.
  • Carly Holdings has successfully wrapped up its Tranche 2 Placement.
  • Premier Investments delivered strong business performance amid the changing environment induced by COVID-19.

Retail space players have been on a sound progress path in recent times, thanks to Black Friday, Cyber Monday, and several celebratory occasions on the calendar. The retailers have also generated a good yield due to unlocking of COVID-19 restrictions across regions.

In this article, we have listed three Australian Securities Exchange (ASX)-listed retail space players, which have won a position on investors’ radar after their share prices zoomed in following recent market updates.

Jatcorp (ASX:JAT) subsidiary signs Dairy Purchaser Agreement with Oceania

ANMA signs Dairy Purchaser Agreement with Oceania

Image source: Copyright © Cammeraydave | Megapixl.com

ANMA, a subsidiary of retailing firm JAT, has inked a three-year purchaser agreement with Oceania Supply Chain Management Pty Ltd to produce and supply dairy powder products.

As per the agreement, there is a binding minimum order of 1.5 million units in the first 12 months. This is expected to help ANMA register a revenue of over AU$10 million in a year. ANMA has received an initial deposit of AU$150,000 and a payment of AU$295,000 to fund the initial acquisition of milk product and packaging.

In another significant development, ANMA has secured a Commonwealth grant to cater to the costs of obtaining TGA registration. With the development, products from JAT’s ANMA are expected to get TGA certification as a medicine or therapeutic., This, in turn, will increase the revenue generated by the firm.

At the time of writing, JAT shares were trading at AU$0.015, up by 7.142%, on 3 December, with market capitalisation of AU$25.44 million.

Also read: Jatcorp’s Diabetic Formula gets approved in South Korea

Carly Holdings (ASX:CL8) raises AU$0.65 million under Tranche 2 Placement

Carly raises AU$0.65 million via placement

Image source: Copyright © Little_prince | Megapixl.com

A leading provider of mobility solutions, Carly Holdings has completed Tranche 2 of its placement, raising AU$0.65 million. The Company issued over 8 million fully paid ordinary shares and approximately 2.73 million quoted options exercisable at AU$0.16 per option, with an expiry date of 31 May 2023.

Also, Carly has issued 327,405 options to a nominee of Mahe Capital Pty Ltd. He was the lead manager and advisor to the Company on the rights issue and follow-on placement.

CL8 share price soared by 17.777% and was spotted trading at AU$0.053 midday on 3 December 2021 with a market capitalisation of AU$4.86 million.

Also read: A look at CL8 Businesses; Carly Leveraging The Experience Of DriveMyCar Business

Premier Investments (ASX:PMV) discusses robust FY21 performance at AGM

Owner of retail brands, Premier Investments Limited achieved strong financial results and made great operational advancements in the fiscal year 2021.

The Company registered statutory consolidated net profit after tax (NPAT) of AU$271.8 million, 97.3% up from the previous year. It recorded an increase of 25.3% in sales through its five iconic Apparel Brands, increasing sales value to AU$841.6 million.

On the ASX, PMV shares were trading 2.168% higher at AU$30.630 per share, with market capitalisation of AU$4.76 billion.

Also read: Premier Investments (ASX:PMV) doubles profit in FY21, shares trade strong

Comment


Disclaimer

Ad

GET A FREE STOCK REPORT


Top Penny Picks under 20 Cents to Fit Your Pocket! Get Exclusive Report on Penny Stocks For FREE Now.


   
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. OK