MENU

Why these shares are taking off

These three companies have been delivering solid returns to shareholders over the past year and continue to notch up gains.

 

Sino Gas & Energy Holdings Limited (ASX: SEH)

The Sino Gas & Energy Holdings Limited share price was up by 6.06 per cent on Thursday with the company now posting gains exceeding 59 per cent over the past year.

Sino Gas, an energy company focussed on developing natural gas assets in China, announced last week that it had finalised a debt facility with Macquarie Bank, part of Macquarie Group Ltd (ASX: MQG).

Sino Gas Managing Director Glenn Corrie said the $100 million debt facility will provide adequate liquidity to fund the full field development of the company’s Sanjiaobei and Linxing project.

“Sino Gas is positioned to become a material gas producer during a time of high natural gas demand growth in China with a target of significant free cash flow from 2020,” Mr Corrie said.

 

Starpharma Holdings Limited (ASX: SPL)

The Starpharma Holdings Limited share price gained 8.33 per cent on Thursday as the company released its quarterly cash flow report.

Starpharma stated that its cash balance as of 31 December 2017 was $49.9 million with net operating and investing cash outflows for the quarter coming to $7.2 million.

The pharmaceutical company stated that a significant portion of that cash outflow was paid to the FDA as part of the approval process for its VivaGel product.

VivaGel is a women’s sexual health product that when “delivered vaginally has been shown to relieve the signs and symptoms of bacterial vaginosis”, according to Starpharma.

The company’s share price has gained about 94 per cent over the past year.

 

Bathurst Resources Ltd. (ASX: BRL)

The Bathurst Resources share price was up by 5.71 per cent on Thursday, adding to gains of more than 168 per cent over the past year.

Bathurst Resources last week released a quarterly report stating that performance had exceeded guidance and forecast EBITDA for financial year (FY) 2018 to come in at NZ$85 million.

The New Zealand coal producer, with a market value of about $280 million, reported a loss of about $1.9 million for FY 2017.

But the company has stated that it expects to deliver positive returns in 2018.

Bill Gates Says This Could Be Worth “10 Microsofts”

If You Missed Investing In Microsoft in 1996 – Read This

I can’t believe so many investors haven’t heard about something Microsoft founder Bill Gates told a group of college students in 2004.

This could be your chance to get in on the ground floor!

Click here to discover more!

Motley Fool contributor Steve Holland has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

The 5 mining stocks we’re recommending in 2019…

For decades, Australian mining companies have minted money for individual investors like you and me. But if you believe the pundits and talking heads on TV, those days are long gone. Finito! Behind us forever…

We say nothing could be further from the truth. To earn the really massive returns, you’ve got to fish where others aren’t fishing—and the mining sector could be primed for a resurgence. That’s why top Motley Fool analysts just revealed their exciting new research on 5 ASX miners they believe could help you profit in 2019 and beyond…

Including:

The best way we see to play the global zinc shortage… Our #1 favourite large-cap miner (hint: it’s not BHP)… one early-stage gold miner we think could hit the motherlode… Plus two more surprising companies you probably haven’t heard of yet!

For free access to our brand-new research, simply click here or the link below. But be warned, this research is available free for a limited time only, and we reserve the right to withdraw it at any time.

Click here for your FREE report!