Well said. The source :
http://www.**promotion blocked**.au...ap-shares-that-could-help-you-retire-earlier/
When it comes to an early retirement, some investors might think that trying to strike it rich with a speculative mining or biotechnology company is the way to go.
While there is a very small chance that this could happen, history shows that the odds are stacked heavily against this strategy.
Instead, I think a better option is to look for small cap companies that are actually generating revenue and making profits with a clear path for future growth.
Two small caps that meet this criteria and look to have bright prospects ahead of them include:
Vitaco Holdings Ltd (ASX: VIT)
Following an impressive debut back in September 2015, Vitaco shares have seriously underperformed mainly as a result of unrealistic market expectations. Many investors were unfairly comparing the vitamin and nutrition company to Blackmores Limited (ASX: BKL) when it was never going to produce the sort of explosive growth that Blackmores was achieving.
Instead, I think Vitaco should be viewed as a company that will have the potential to gradually increase and maintain earnings year after year.
The New Zealand-based company operates in a number of health related segments including leading positions in sports nutrition and health foods. The company has a number of market-leading products in Australia and New Zealand and is now developing a platform to expand into China where it can take advantage of its ‘green and clean’ reputation.
The shares are currently trading on a forecast price-to-earnings (P/E) ratio of around 18.5x which doesn’t appear to be overly expensive on the basis it can begin to make progress on its Asian expansion plans.
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Last
6.8¢ |
Change
0.002(3.03%) |
Mkt cap ! $45.03M |
Open | High | Low | Value | Volume |
6.6¢ | 6.8¢ | 6.6¢ | $3.788K | 56.02K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 397976 | 6.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.8¢ | 432884 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 397976 | 0.066 |
5 | 159410 | 0.065 |
1 | 30000 | 0.064 |
1 | 200000 | 0.063 |
1 | 81600 | 0.061 |
Price($) | Vol. | No. |
---|---|---|
0.068 | 432884 | 3 |
0.069 | 222883 | 2 |
0.070 | 268734 | 3 |
0.074 | 18000 | 1 |
0.079 | 15000 | 1 |
Last trade - 11.54am 15/09/2025 (20 minute delay) ? |
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