Global Stocks

Belle And 2 Other Promising Penny Stocks In Global

Global markets have recently experienced a surge, buoyed by expectations of interest rate cuts and optimism surrounding artificial intelligence advancements. Amid these developments, investors are increasingly looking beyond established names to explore opportunities in lesser-known sectors. Penny stocks, a term that may seem outdated but remains relevant, often refer to smaller or newer companies offering potential growth at lower price points. When backed by strong financials and solid fundamentals, these stocks can present attractive opportunities for those willing to explore this niche market segment.

Name

Share Price

Market Cap

Financial Health Rating

Lever Style (SEHK:1346)

HK$1.57

HK$983.45M

★★★★★★

IVE Group (ASX:IGL)

A$2.67

A$415.94M

★★★★★☆

HSS Engineers Berhad (KLSE:HSSEB)

MYR0.64

MYR325.43M

★★★★★☆

TK Group (Holdings) (SEHK:2283)

HK$2.43

HK$1.97B

★★★★★★

Angler Gaming (NGM:ANGL)

SEK3.60

SEK269.95M

★★★★★★

Deleum Berhad (KLSE:DELEUM)

MYR1.39

MYR558.16M

★★★★★★

Yangzijiang Shipbuilding (Holdings) (SGX:BS6)

SGD3.20

SGD12.59B

★★★★★☆

Integrated Diagnostics Holdings (LSE:IDHC)

$0.575

$334.26M

★★★★★☆

Begbies Traynor Group (AIM:BEG)

£1.225

£195.02M

★★★★★★

Netgem (ENXTPA:ALNTG)

€0.904

€30.49M

★★★★★★

Click here to see the full list of 3,723 stocks from our Global Penny Stocks screener.

Let’s take a closer look at a couple of our picks from the screened companies.

Simply Wall St Financial Health Rating: ★★★★★☆

Overview: Belle Corporation is involved in real estate development both in the Philippines and internationally, with a market cap of ₱13.38 billion.

Operations: The company’s revenue is derived from two main segments: Gaming and Gaming Related Activities, which generated ₱2.63 billion, and Real Estate Development and Property Management, contributing ₱3.03 billion.

Market Cap: ₱13.38B

Belle Corporation has shown a strong financial footing with short-term assets of ₱13 billion surpassing both its short and long-term liabilities. Despite a decline in recent quarterly revenue to ₱1,172.7 million, the company maintains robust earnings growth at 39.2% over the past year, outpacing its five-year average and industry peers. The net profit margin improved significantly to 42.6%. While trading below estimated fair value suggests potential upside, investors should note the unstable dividend history and low return on equity at 6%. Debt levels are manageable with satisfactory coverage by operating cash flow and EBIT.

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