Penny Stocks

Do 4 NZX penny stocks have potential to be multibaggers?

Penny stocks

Highlights Penny stocks are mostly illiquid and might hold the potential to be multibaggers, providing massive gains to investors in a short span. Bremworth would be holding its Annual Meeting virtually on 25 November. Recently, the Court of A...

Read More...
NZX 50 listed 3 Technology Stocks worth looking at in 2021- RAK, IKE, SCT

NZX 50 listed 3 Technology Stocks worth looking at in 2021- RAK, IKE, SCT

Summary By December 2020, NZX was up by ~14%, owing to the growth in technology and healthcare sector stocks. Rakon’s 6-months report highlighted revenue growth up by $2.6 million standing at $59.5 million. ikeGPS added $20 million to th...

Read More...
One Stock Possessing Decent Growth Prospects

One Stock Possessing Decent Growth Prospects

As the market players are aware, the outbreak of COVID-19 has impacted several sectors. However, there are some companies that managed to sail through the uncertain times. As we all know, range of NZX-listed companies decided to raise capital in orde...

Read More...
Air New Zealand (NZX:AIR) incurred massive losses in 2020 amid COVID-19

Air New Zealand (NZX:AIR) incurred massive losses in 2020 amid COVID-19

Summary Air New Zealand operated at 50% capacity in 2020, incurring losses due to the coronavirus situation. Domestic flights did well post the lockdown, while most of the flights functioning during the lockdown were rescue flights. AIR has al...

Read More...
Google acquires Fitbit in USD 2.1 billion deal, Regulatory Probe Continues

Google acquires Fitbit in USD 2.1 billion deal, Regulatory Probe Continues

The market leader in the online advertising business, Alphabet-owned Google, has completed the health device producer Fitbit's acquisition worth USD 2.1 billion.  Image source: pixabay The mega-company announced it on 14 January 2021. The ...

Read More...
Michael Hill (ASX:MHJ) shares light up on rosy trading update

Michael Hill (ASX:MHJ) shares light up on rosy trading update

Michael Hill International Limited (ASX:MHJ, NZX:MHJ) released its second quarter business update for the period ending 27 December 2020. The company delivered strong performance during the period resulting in material profit growth. The company a...

Read More...
The spotlight on Affirm and its bearing on the Market

The spotlight on Affirm and its bearing on the Market

BNPL sector got a momentum ever since the beginning of the pandemic. The concept of 'Buy Now Pay Later' is clicked during a period when consumers were facing financial crunch and prefer to pay in instalments rather than making payment in one go. Th...

Read More...
What’s accelerating Wellington Drive’s (NZX:WDT) stock growth

What’s accelerating Wellington Drive’s (NZX:WDT) stock growth

Auckland-based Wellington Drive Technology Limited (NZX:WDT) stock closed 7.53% up at NZ$0.100 on 14 January 2021. The Company provides cloud-based platforms and (IoT) solutions to the retail food and beverage (F&B) industry worldwide. Wellington...

Read More...
Three NZX healthcare stocks to watch out in 2021

Three NZX healthcare stocks to watch out in 2021

Summary Fisher and Paykel healthcare set to grow due to the requirement of hardware for respiratory problems. Ryman Healthcare has ambitious plans of opening six more integrated villages for the elderly. Oceania healthcare set to use proceeds ...

Read More...
Laybuy Holdings’ (ASX:LBY) Quarterly Update Leaves Share Prices Soaring

Laybuy Holdings’ (ASX:LBY) Quarterly Update Leaves Share Prices Soaring

Laybuy Holdings Ltd (ASX:LBY) announced their trading update for Q3 FY21 showing strong figures for the company's Gross Merchandise Value in the quarter. During the three months ending 31st December 2020, Laybuy achieved a Gross Merchandise Value o...

Read More...
Sneak peek at Vista Group (NZX:VGL) past, present and future

Sneak peek at Vista Group (NZX:VGL) past, present and future

Summary Vista Group and its customers were acutely vulnerable to pandemic conditions. Consistent strong revenue growth was achieved during pre-Covid period at the expense of earnings. Vista Group’s share price fell by more than 50% in 20...

Read More...
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