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As global markets navigate rate cuts and fluctuating indices, investors are increasingly looking for opportunities beyond the usual large-cap stocks. Penny stocks, while an older term, remain relevant as they represent smaller or less-established companies that can offer significant value and growth potential. By focusing on those with strong financials and promising growth trajectories, investors may uncover hidden gems in this often-overlooked segment of the market.
Top 10 Penny Stocks
Name | Share Price | Market Cap | Financial Health Rating |
DXN Holdings Bhd (KLSE:DXN) | MYR0.505 | MYR2.51B | ★★★★★★ |
Embark Early Education (ASX:EVO) | A$0.77 | A$141.28M | ★★★★☆☆ |
Datasonic Group Berhad (KLSE:DSONIC) | MYR0.42 | MYR1.17B | ★★★★★★ |
Hil Industries Berhad (KLSE:HIL) | MYR0.895 | MYR297.09M | ★★★★★★ |
ME Group International (LSE:MEGP) | £2.08 | £785.55M | ★★★★★★ |
Bosideng International Holdings (SEHK:3998) | HK$4.09 | HK$45.04B | ★★★★★★ |
LaserBond (ASX:LBL) | A$0.55 | A$64.47M | ★★★★★★ |
Begbies Traynor Group (AIM:BEG) | £0.946 | £149.86M | ★★★★★★ |
Lever Style (SEHK:1346) | HK$0.86 | HK$545.92M | ★★★★★★ |
Secure Trust Bank (LSE:STB) | £3.50 | £66.56M | ★★★★☆☆ |
Click here to see the full list of 5,766 stocks from our Penny Stocks screener.
Let's take a closer look at a couple of our picks from the screened companies.
Ajman Bank PJSC
Simply Wall St Financial Health Rating: ★★★★☆☆
Overview: Ajman Bank PJSC offers a range of banking products and services in the United Arab Emirates, with a market capitalization of AED4.60 billion.
Operations: Ajman Bank PJSC generates its revenue from various segments, including Treasury (AED63.72 million), Consumer Banking (AED292.65 million), and Wholesale Banking (-AED30.47 million).
Market Cap: AED4.6B
Ajman Bank PJSC, with a market cap of AED4.60 billion, has shown improved financial performance recently, reporting a net income of AED74 million for Q3 2024 compared to a loss the previous year. Despite this improvement, the bank remains unprofitable overall and faces challenges such as high levels of bad loans at 11.2%. The management team is relatively new with an average tenure of 1.9 years, which may impact strategic consistency. However, Ajman Bank's funding is primarily from low-risk customer deposits (95%), providing stability in its financial operations amidst volatility in profitability and returns.
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Dive into the specifics of Ajman Bank PJSC here with our thorough balance sheet health report.
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Assess Ajman Bank PJSC's previous results with our detailed historical performance reports.
Dustin Group
Simply Wall St Financial Health Rating: ★★★★☆☆
Overview: Dustin Group AB (publ) operates as an online provider of IT products and services in the Nordic and Benelux regions, with a market cap of approximately SEK1.91 billion.