ChimpChange Ltd

 
CCA Details
Reported a Strong December Quarter: ChimpChange Ltd (ASX: CCA) has posted 235% growth in the Total Transaction Volume (TTV) in the December quarter on a quarter-on-quarter (QoQ) basis and has achieved annualised TTV of US$57 million. CCA has added 10,500 new banking customers in December and has exceeded CCA’s September to December acquisition target by more than 22%. Moreover, the Total funds deposited by CCA customers grew by 231% QoQ to US$5.29 million.
 
CCA’s key transactional metrics (Source: Company Reports)
 
CCA has increased revenue by 155% QoQ to $69,000 (A$95,000), and has a net cash of US$6.58 million (A$9.01 million) as of December 31, 2016. Meanwhile, CCA stock has risen 3.3% in the last three months as at January 30, 2017. We give a “Buy” recommendation on the stock at the current price of – $ 0.63

 
CCA Daily Chart (Source: Thomson Reuters) 

DroneShield Ltd

DRO Details
DroneGun launch driving performance: DroneShield Ltd (ASX: DRO) stock has risen 125% in the last three months as on January 30, 2017. This was mainly driven by their DroneGun (tactical drone jammer) launch, which had positioned DRO as the only company in the world that is providing drone detection along with handheld rifle-style tactical drone countermeasures. Meanwhile, DRO’s Sydney-based CEO and Managing Director James Walker has resigned. The group appointed Oleg Vornik as the CEO and Managing Director of the company. DRO made a partnership with a government organization headquartered in a U.S. mid-Atlantic state. As at December 31, 2016, the company has a combined cash balance of $3,487,077. We give a “Speculative Buy” recommendation on the stock at the current price of – $ 0.43

 
DRO Daily Chart (Source: Thomson Reuters) 

GetSwift Ltd

 
GSW Details
Expanding client base: GetSwift Ltd (ASX: GSW) raised A$5 million via their initial public offer in December 2016. Moreover, in the December quarter, GSW has transacted with 342,923 deliveries, which is an increase of 83% on prior quarter, while revenue grew 23% to $62,850 against the prior quarter. There is 585% increase in delivery transactions and 313% increase in revenue on prior period for the calendar year ended December 31, 2016. Moreover, QSRH has finished the integration of GetSwift technology and is rapidly deploying the same nationally across its 250 Red Rooster stores under a 3-year exclusive contract. Just Eat integration has started and is targeting full European deployment in 2017.

 
Commitments of funds (Source: Company Reports)
 
Additionally, GSW has signed three new enterprise clients during the quarter, which include Little Caesars, Navia Logistics and Philip Morris Australia. Meanwhile, GSW stock has fallen 9% on January 31, 2017 owing to some volatility. We give a “Speculative Buy” recommendation on the stock at the current price of – $ 0.30

 
GSW Daily Chart (Source: Thomson Reuters) 

Capilano Honey Ltd

 
CZZ Details
Raised fund through the right issue: Capilano Honey Ltd (ASX: CZZ) has reported 20.9% growth in the net profit after tax to $9,483k in FY 16 while revenue grew over 11%. Moreover, CZZ had raised fund through the fully underwritten 1 for 10 pro-rata non-renounceable right issue leading to issue of 860,360 additional new ordinary shares with the gross proceeds of $16,777k.
 
Australian Honey Supply (Source: Company Reports)
 
As far as efforts in FY17 are concerned, the group has increased its marketing investments while there has been an increase in supply of Australian honey. Meanwhile, CZZ stock has fallen 24.02% in the last six months as on January 30, 2017 and currently available at lucrative levels. The stock has a decent dividend yield and we give a “Speculative Buy” recommendation on the stock at the current price of – $ 15.87

 
CZZ Daily Chart (Source: Thomson Reuters) 

Donaco International Ltd

 
DNA Details
Strong performance expected in June half FY17: Donaco International Ltd (ASX: DNA) had earlier reported about successful integration of DNA Star Vegas in Poipet in FY 16. The acquisition resulted in a seven-fold increase in the group revenues in FY16. Particularly, DNA reported the group revenue of A$143.4 million in FY 16 up from A$20.4 million, that includes revenue from Star Vegas of A$120.1 million and the Aristo’s revenue of A$23.2 million, which has grown 36% as compared to FY 15. The group had lately announced that first four months of FY17 witnessed a solid VIP win rate of 2.87% for DNA Star Vegas although this was lower than 3.3% win rate of corresponding period in FY16. Overall, the current financial year till October has seen mixed results with strong start from Aristo but lower than expected results from DNA Star Vegas. On the other hand, the group expects strong June half for FY17 as seen in previous years at the back of benefits from holiday period. Further, DNA Star Vegas is expected to improve during the remainder of FY17. We give a “Buy” recommendation on the stock at the current price of – $ 0.36

 
DNA Daily Chart (Source: Thomson Reuters) 

Magnis Resources Ltd

 
MNS Details
Finalized regulatory and environment permits for Nachu Graphite Project: Magnis Resources Ltd (ASX: MNS) had updated that Nachu Graphite Project is progressing well. As per the quarterly report ending December 31, 2016, the group has finalized all regulatory and environment permits along with completing a Bankable Feasibility Study. Commissioning of many mega-factories from 2018 onwards is seen to bring a boost to performance. The group has realized breakthrough cost reductions for graphite silicon blend anode. MNS had selected Ausenco for detailed engineering program of work at Nachu and also completed an official valuation of an area within Special Mining License (SML 550/2015). On the other hand, Sinosteel Liaoning and China National Materials Import and Export Corporation (SINOMA) has terminated both of its offtake agreements, while Mtwara Port Agreement got extended for leasing the land. MNS has received in excess of $1.6 million during the quarter from share options proceeds. MNS has also signed the Memorandum of Understanding (MOU) with Russia’s ROSATOM International Network (ROSATOM) for project financing and offtake of Super Jumbo and Jumbo flake graphite. We maintain a “Buy” recommendation on the stock at the current price of – $ 0.73

 
MNS Daily Chart (Source: Thomson Reuters) 

Australian Agricultural Company Ltd

AAC Details
Decreasing production costs in 1H FY 17: Australian Agricultural Company Ltd (ASX: AAC) stock has fallen 4.2% on January 31, 2017. The group has reported the net profit after tax of $47.9 million in the first half of FY 17, which is a $1.9 million fall on the previous corresponding period. The sales revenue fell by $46.6 million to $214.1 million in 1H FY 17 on the back of rising Wagyu days on feed which had limited Wagyu product available for sale. However, the revenue reductions were partially offset by the improved pricing of the Wagyu products as well as higher sales from Livingstone Beef. Moreover, AAC has reported a 25% reduction in production costs as the company got advantage of the strong seasonal conditions. AAC improved margins due to the reduction in the production cost. The stock is trading at a reasonable level while we give a “Buy” recommendation on the stock at the current price of – $ 1.46

 
AAC Daily Chart (Source: Thomson Reuters) 

Empired Ltd

 
EPD Details
Recovering performance: Empired Ltd (ASX: EPD) expects the EBITDA to be between $6.0 million and $6.8 million for the first half of FY17 as compared to $0.8m in the prior corresponding period (pcp). The EBITDA in the second half is expected to be stronger than the first half. The New Zealand operations have been disrupted due to earthquake and incurred an estimated impact of $0.4m EBITDA in the half of FY 17. But, the first quarter sales exceeded the target combined with a strong pipeline into H2. EPD stock has risen 36.1% in the last six months as on January 30, 2017 and we believe the bullish momentum in the stock to continue. We give a “Speculative Buy” recommendation on the stock at the current price of – $ 0.49

 
EPD Daily Chart (Source: Thomson Reuters)

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