7 top LSE penny stocks to buy in September

Highlights

  • Investing in Penny stocks give an opportunity to realise quick gains and lucrative money.
  • Some small companies stood firm after financial instability in 2020 and 2021 due to Covid-19. 

Investing in penny stocks is an effective strategy for investors in present times. Investors purchase shares from smaller listed companies in large quantities by spending a few pounds to take advantage of low-priced stocks with high risk and return potential.

London Stock Exchange is one of the oldest exchanges in the world and there are many penny stocks listed which can give an opportunity to realise quick gains and the lucrative money.

The years 2020 and 2021 have been a roller coaster ride for small companies due to Covid-19 and restrictions, which pushed these firms in financial difficulties. But many companies stood firm and have been doing well. It is an indication that these companies are operating efficiently and have much potential to grow in future. The penny stocks have no trading floor like big exchanges, and the quotations are all carried out via electronic means. The penny stocks carrying much greater risks are the ones that are listed on publications like the Pink Sheets. 

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Alt Penny stocks have a high growth potential at a faster speed than traditional stock market instruments, but higher returns come with even higher risks

ALSO READ: 3 medicinal cannabis penny stocks to buy in 2021 

 Let’s take a look at 7 penny stocks in the UK that you can consider buying in September.

  1. Plaza Centers N.V. (LON: PLAZ) 

Plaza Centers is a Netherlands-based property developer focused on western-style shopping and entertainment centers. On 17 August 2021, the company announced that its 100 per cent owned subsidiary, Plaza Centers Czech Republic s.r.o has agreed to sell its receivable to a third party for EURO 200 thousand, regarding an advanced payment for the purchase of a Czech project company. The company recorded total revenue of €1.452 million for the year ended 31 December 2020 from €3.684 million in 2019 and the loss before tax increased to €33.490 million from €21.096 million in 2019.

Plaza Centers’s shares gave a one-year return of 300% with three-month total return of 309.8%, and its market cap stands at £8.57 million as of 14 September 2021. 

  1. Chelverton Growth Trust Plc (LON: CGW) 

Chelverton is an investment trust. The company focuses its investment in companies listed on the official list and traded on the Alternative Investment Market of the London stock exchange with a market capitalization of up to £50 million to provide capital growth. The company recorded total income of £9 million for the six month ended 28 February 2021 from £24 million in six month ended 29 February 2020.   

Chelverton Growth Trust’s shares gave a one-year return of 208.18% with three-month total return of 91.9%, and its market cap stands at £5.35 million as of 14 September 2021. 

  1. Prospex Energy PLC (LON: PXEN) 

Prospex Energy is an AIM-listed investment company that is engaged in European gas and power projects. On 10 August 2021, the company further acquired 20% interest in Selva gas field for €2,164,701 to increase its holding to 37%. Prospex Energy recorded operating loss of £725,050 for the year ended 31 December 2020, down from £893,343 in 2019. 

Prospex Energy’s shares gave a one-year return of 185.71% with three month total return of 90.2%, and its market cap stands at £6.24 million as of 14 September 2021. 

  1. Tintra PLC (LON: TNT) 

Tintra is an investment management business that operates through its brand, Prize Provision Services, SDG Financial Service and Soccerdome. The company recorded total revenue of £1.104 million for the year ended 31 January 2021 from £0.873 million in 2020 and gross profit recorded at £0.245 million from £0.326 million in 2020.

Tintra’s shares gave a one-year return of 64.63% per cent with three month total return of 58.8 per cent, and its market cap stands at £8.25 million as of 14 September 2021. 

ALSO READ: 10 penny stocks listed on LSE to diversify your portfolio 

  1. Holders Technology PLC (LON: HDT) 

Holders Technology is a provider of specialty laminates and materials for printed circuit board, lighting component and solutions and wireless lighting control, smart lighting and building solutions. The company recorded total revenue of £7,314,000 for the year ended 30 November 2020 from £12,162,000 in 2019 and loss before tax was at £264,000 from the profit of £150,000 in 2019.

Holders Technology’s shares gave a one year return of 112.50 per cent with three month total return of 57.9 per cent, and its market cap stands at £3.78 million as of 14 September 2021.

ALSO READ: Why should investors keep penny stocks on their radar?

  1. Arden Partners PLC (LON: ARDN)

Arden Partners is a corporate adviser and multi-service stockbroker. The company recorded revenue of £5 million for the six-month ended 30 April 2021, up by 118% from £2.3 million in 2020 and the profit before tax was £0.9 million from loss of £1.5 million for the six month ended 30 April. 

Arden Partners’s shares gave a one-year return of 85.84% with three-month total return of 50%, and its market cap stands at £6.11 million as of 14 September 2021. 

  1. Ross Group PLC (LON: RGP)

Ross Group focuses on researching and exploring strategic opportunities. The company is engaged in delivering electronics supply chain consultancy assignments in the Far East. The company recorded total revenue of £43 million for the year ended 31 December 2020 and loss for the year decreased to £1.463 million from £3.597 million in 2019.

Ross Group’s shares gave a one-year return of 153.91% with three-month total return of 44.4%, and its market cap stands at £7.11 million as of 14 September 2021. 

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