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The Food Revolution Group
Expansion moves: Down 4.5% on September 14, 2018, the Food Revolution Group Limited (ASX: FOD) is a food processing company which manufactures and sells various type of juice, fibers, fruit, fruit water etc. Many of its products are used as an ingredient for the product of other food producers to meet the need for functional food, beverage, and nutraceutical markets. Also, the company offers logistics and co-packaging services to third parties while performing various research and development activities for several food-related technologies. The Food Revolution Group is based in Mill Park, Australia. It is one of the largest food beverage company in Australia. Mr. Blagoja Nikolovski is the CEO, Managing Director and Director of the Food revolution group. On 13 September 2018, the company’s share price increased by 26.43% to $0.110 after the company announced that one of Australia’s largest wealth managers Perpetual and SG Hiscock has given institutional support of around $40 million to Food Revolution group. FOD is positioning on further growth and eying an expansion into the overseas market including China. FOD’s NPAT has increased by 52% compared to last year. FOD’s plant is running on a capacity of 35% which shows that there is a scope of growth while the stock is already inching close to its 52-week high price. FOD last traded at $ 0.105.
Viking Mines
Moving on volatility: Viking Mines Limited (ASX: VKA) was founded in 2007 and is based in West berth, Australia. The main business of the company is Mineral exploration. It is having its operations in Gaza and West Africa. Jack William Gardner is the chairperson of Viking Mines Limited. It focuses on exploring minerals like gold, copper, zinc, manganese, coal, lithium, and tungsten deposits. It is holding 100% interests in the Berkh uul bituminous coal project located in Selenge province and Khonkhor Zag anthracitic coal project located in Govi Altai province, Mongolia. Viking’s projects include Akoase East and West Star or Blue River, both projects are located in southern Ghana within the Ashanti gold belt. As at 30th June the company depicting having a strong cash position of $3.09 million. The Company’s share price has seen an increase of 27.778% to $0.023 on 13 September 2018 and it traded flat on September 14, 2018. In last six months, it has fallen down 45%. While there has been a drastic improvement in revenue and profit, this stock is a close watch.
1414 Degrees
Aiming for better returns: 1414 Degrees Limited (ASX:14D) is a manufacturer of energy storage systems. The company is offering thermal energy storage systems for renewable generation and stabilizing grid supply. Headquartered in Adelaide, Australia, the company is focused on taking electricity from the grid or renewable sources and stores it as latent heat at a constant temperature of the company. Dr. Kevin Moriarty is serving as a Chairman of 1414 Degrees Limited. Company’s TESS storage units are superior for storing large amounts of energy cheaply for later discharge at lower rates either as heat or power. 1414 Degrees Limited needs to analyze these opportunities with a view to maximizing the best returns for shareholders. On its second day of trading, i.e. 13 September 2018, 14D’s share price rallied up by 31.11% to $0.295; and it was further up 1.7% on September 14, 2018 to $0.3. This one may have a great potential going forward given the space of operation.
Zyber Holdings
Continuing with key platform development: Zyber Holdings Limited (ASX: ZYB) is involved in the business and development of sales of computer hardware, software, and services of secure file synchronization and sharing solution in Canada. It provides the customer platform that transacts, shares data, and collaborate across various devices and operating systems. Zyber is currently working on developing a proof of concept that will provide end to end encryption using blockchain technology. The company is based in Perth, Australia. The company is in the process of relocating the hosting of the Zyber system to an Australian jurisdiction and for that, the company has engaged the service of Perth-based IT consultant for assistance in the relocation of hosting services. This year’s consolidated statement of comprehensive income showed a net loss of AUD 845,808 against AUD 2,067,229 in 2017. Net cash used in operating activities was AUD 775,495 compared to AUD 1,847,742 a year ago. The group lately launched its Enterprise application as a free beta product. However, the group is yet to proceed on its provisional patent application plans while it is continually working on its platform. ZYB’s share price surged by 9.091% to $0.012 on 13 September 2018 but corrected by about 8.3% the very next day. The stock is one to watch while it last traded at $0.011 as at September 14, 2018. The latest spiked up movements have also been raised under ASX query to which the group has already responded.
Skyfii
Three year contract signed with Dasa Group: Skyfii Limited (ASX: SKF), a software technology company, is into the development and commercialization of data analytics, marketing, and advertising services to its customers worldwide. The company provides products and services comprising IO Connect that connects guest WiFi and customer data sources, and IO Insight that provides venue, location, and customer analytics and IO Engage, which is a data-driven marketing platform. The company has very recently signed a three year contract with Dasa Group, which is Brazil’s largest medical service provider. As per the agreement, SKF will provide its products and services initially to 92 of Dasa Group’s medical centres with an option to extend it to further 161 centres after successfully completing the initially deployment.This is the second major contract signed under the health and wealth being vertical. Meanwhile, SKF stock has risen 33.33% in three months as on September 13, 2018. As of now, we have a wait and watch approach on the stock at the current price of $ 0.205.
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