Top ASX Stock Picks for June 2020
Tristan Harrison: Bubs Australia Ltd (ASX: BUB)
I think Bubs is one of the most exciting ASX small caps. It’s an infant formula business with a specialty in goat products. Bubs is rapidly growing in overseas markets. In the latest quarter, it grew total revenue by 67%. But Chinese revenue increased by 104% and other market revenue rose by almost 20 times.
Careful spending meant Bubs generated a positive operating cashflow last quarter. If revenue growth continues to be strong it could remain cashflow positive from here with a long growth runway. Other Asian countries are prime growth targets, such as Vietnam. One to watch in 2020 and beyond.
Motley Fool contributor Tristan Harrison does not own shares in Bubs Australia Ltd.
BUBS On Shelf - General Pics & Write Ups, page-498
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $107.0M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.0¢ | $170.1K | 1.364M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 2378915 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 721615 | 21 |
View Market Depth
| Last trade - 16.10pm 10/06/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
-0.005 ( 1.87 %) |
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| Open | High | Low | Volume | ||
| 12.5¢ | 12.8¢ | 12.0¢ | 997671 | ||
| Last updated 15.59pm 10/06/2024 ? | |||||
| BUB (ASX) Chart |