Just sharing my public penny stock picks I’ve been sharing in other forums.
Doing OK, nothing amazing.
Nothing new to mention. Still holding.
As usual, penny stocks like these are high risk, can drop 30% the next day for no reason, and can go to zero. So be careful, and none of these are recommendations…they are just ideas that I have invested in among others.
Quick thesis on each
CAPD - gold drilling service - won contracts LY - don’t think the market has priced it in properly yet
BEW - B2B IOT business - needs to continue high growth. Last Q results not that great.
CPH - acne product manufacturer - FCF yield was too good despite melting ice cube situation
MBR - Polish waste management - just looks undervalued given the results. Legal claim risk situation.
One thing - its a market of stocks and not stock market. Each stock moves on its own. Sure there are sectoral influences and broad market influences. sometimes very strong. over long periods, the fundamentals of the company win in most cases. there are exceptions to everything.
Continuing to do OK alhamdullilah. Still holding. CAPD increased 9% in the month as it released some good quarterly results, showing strong revenue growth and also increased full year revenue guidance. This basically reflects I think the big contract win, which was the reason I invested.
Note that the annualised return is an extrapolation…not that meaningful a metric for a few months.
My usual caveats…penny stocks like these are high risk, can drop 30% the next day for no reason, and can go to zero. So be careful, and none of these are recommendations…they are just ideas that I have invested in among others. I’m a beginner/novice investor.