Three AIM Stocks Under Watch – Veltyco Group Plc, Norman Broadbent Plc and Jubilee Metals Group Plc

  • Nov 18, 2019 GMT
  • Team Kalkine
Three AIM Stocks Under Watch – Veltyco Group Plc, Norman Broadbent Plc and Jubilee Metals Group Plc

Veltyco Group Plc

Veltyco Group Plc (VLTY) is a Douglas, Isle of Man based company that was previously known as Velox3 Plc. The company majorly concentrates on its gaming and betting business, both online as well as in brick and mortar stores. It also engages in the marketing of its binary options business, lottery operations business and is involved in the marketing for other online gaming companies. The Company is centred around producing advertising leads and going into showcasing contracts for the exercises of its accomplices in sports wagering, club, poker games, lottery and parallel alternatives, for example, Betsafe  which is the online gambling club and sports wagering division of the company, Lottopalace which is the lottery division as well as  Option888 through which the company runs its binary options operations.

VLTY Trading Update

On 15th November 2019, the company announced a trading update for the current period. The company reported that trading performance for their Bet90 sportsbook and casino division, in which the company has a 51 per cent working ownership, remains in line with the board’s anticipations, with Bet90 reaching record revenues since its commencement in July and October 2019.  Though, due to a reduction in its promotional activities, income from the company’s partner businesses is very less at current and well below the board’s estimates.  Hence, the company is currently making losses every month, and the board continues to look for ways to ways to restrict the decline in the company’s aggregate cost centres in order to become profitable, as soon as possible.

VLTY Stock Price Performance

Daily Chart as at 18-November-19, before the market close (Source: Thomson Reuters)

On 18th November 2019, at 08:12 A.M GMT, while writing, Veltyco Group Plc’s stock price was trading at GBX 1.85, a decrease of 1.60 per cent or GBX 0.03 per stock as compared to the previous day’s closing price, which has been reported at GBX 1.88 per stock. While writing, the Veltyco Group Plc stock appeared to be trading around 15.63 per cent over the 52-week low price, which was of GBX 1.6 per stock, that the stock achieved on November 15, 2019. This was also 92.60 per cent below the 52-week high price at GBX 25.00, which the company’s stock set on November 16, 2018. The reported Market Capitalization of Veltyco Group Plc has been at GBP 1.55 million.

While writing, it was reported that 49,910 of the company’s stocks were traded on the exchange. The average volume of shares being traded per day, for the last one year in the London  Stock Exchange, was around 32,400 stocks. The stock has shown a downside of 90.70 per cent in value in the last one year, from the price of GBX 19.90 per stock. There also has seen a downside movement in the last half-year in the value of the company’s stock of around 19.57 per cent from the stock price of GBX 2.3 per stock. Veltyco Group Plc’s stock has seen a 50.67 per cent of its value being chopped off in the last one month from the price of GBX 3.75 per stock.

The beta of the Veltyco Group Plc’s stock was reported at 1.41. Through this, it can be inferred that the company’s stock price movement is more volatile in its trend, as compared to the benchmark market index’s movement.

Norman Broadbent Plc

Norman Broadbent Plc (NBB) is a London; the United Kingdom based leading consulting and support services company. The company’s expertise includes in the areas of Financial Services, Industrials, Life Sciences, Technology, as well as Retail and consumer goods spaces. The company’s range of services and solutions include the likes of Board Search, Executive Search, Interim Management, Insights and Leadership consulting as well as other advisory services.

NBB Financial Performance

On 26th September 2019, the company announced its interim results for the six months ended 30th June 2019. In the results, the company reported that the Group revenue was up by £0.6 million or 13 per cent year on year to £5.2 million during the reporting period. The company also reported that the   Profit Before Tax was at £16,000 in H1 2019 as compared to a loss of £265,000 in the same period of the previous year.

NBB Stock Price Performance

Daily Chart as at 18-November-19, before the market close (Source: Thomson Reuters)

On 18th November 2019, at 08:20 A.M GMT, while writing, Norman Broadbent Plc’s stock price was trading at GBX 8.25 per stock, no change in the stock price as compared to the previous day’s closing price. While writing, the Norman Broadbent Plc stock was trading 175 per cent above the 52-week low stock price, which was at GBX 3.00 per stock, set on August 23, 2019. This was also 36.05 per cent below the 52-week high price at GBX 12.90 per stock, which the company’s stock set on February 13, 2019. The reported Market Capitalization of Norman Broadbent Plc has been at GBP 4.45 million.

The stock has shown a downside of 31.54 per cent in value in the last one year, from the price of GBX 12.05 per stock. There also has been a downward change in the last six months in the value of Norman Broadbent Plc’s stock of around 13.34 per cent from the stock price of GBX 9.52 per stock.

The beta of the Norman Broadbent Plc’s stock was reported at 0.59. Through this, it can be inferred that the company’s stock price movement is less volatile in its trend, as compared to the benchmark market index’s movement.

Jubilee Metals Group Plc

Jubilee Metals Group Plc (JLP) is a London, the United Kingdom based varied minerals generation company. The company’s business centres around reprocessing of chronicled surface mine waste and materials with an aim to acquire long haul, low capital increased, fine product yield from waste materials of mine surface. The organization holds the mining right conceded on March 2017 to the fundamental PGM (Platinum Group Metals) venture in the Eastern Bushveld complex and has validated surface platinum-bearing tailings to recoup PGMs and lead, chromite, vanadium, and zinc – bearing tailings in Zambia.

JLP Financial Performance

On 14th November 2019, the company made a press release to announce the full-year results for the year ended 30th June 2019. The company reported the revenue of the group for the year 2019 to have increased by strong 66.83 per cent year on year, to £23.59 million or ZAR 432.61 million as compared to £14.14 million in 2018. Jubilee Metals Group also reported that it gave positive earnings of £7.00 million or ZAR 128.28 million as compared to 2018’s negative earnings of £2.11 million or ZAR 36.72 million. The company also highlighted that the return on equity was of 10.50 per cent, as compared to the negative return on equity of 3.67 per cent in the previous year. Jubilee Metals Group Plc highlighted in the press release that in the current year, there were positive earnings per stock of GBX 0.48 or ZAR cents 8.75 per stock as compared to a loss per stock reported in the previous year at GBX 0.18 or ZAR cents 3.05 per stock.

JLP Stock Price Performance

Source: Daily Chart as at 18-November-19, before the market close (Source: Thomson Reuters)

On 18th November 2019, at 08:28 A.M GMT, while writing, Jubilee Metals Group Plc’s stock price was trading at GBX 4.12, a decrease of 0.02 per cent or GBX 0.001 per stock as compared to the previous day’s closing price, which has been reported at GBX 4.125 per stock. While writing, the Jubilee Metals Group Plc stock was trading 103.15 per cent above the 52-week low stock price, which was at GBX 2.03 per stock, set on November 22, 2018. This was also 15.84 per cent below the 52-week high price at GBX 4.90 per stock, which the company’s stock set on November 04, 2019. The reported Market Capitalization of Jubilee Metals Group Plc has been at GBP 76.53 million.

While writing, it was reported that, 264,390 of the company’s stocks were traded in the market. The average volume of trading per day, for the last one year in the market, was 8.53 million stocks has displayed an upward change of 91.81 per cent in value in the last one year, from the price of GBX 2.15 per stock. There also has been an upward change in the last six months in the value of Jubilee Metals Group Plc’s stock of around 22.74 per cent from the stock price of GBX 3.36 per stock. Jubilee Metals Group Plc’s stock has also reportedly gained 8.53 per cent in value in the last one month from the price of GBX 3.80 per stock.

The beta of the Jubilee Metals Group Plc’s stock was reported at 1.20. Through this, it can be inferred that the company’s stock price movement is more volatile in its trend, as compared to the benchmark market index’s movement.

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