WINNERS

Small cap crowd pleaser Splitit (ASX:SPT) is now up about 360 per cent on its 20c issue price.

The ‘buy now, pay later’ upstart was selling 60 million shares at 20c a pop in its $12m initial public offering and opened at 30.5c on January 29.

The next day, shares were hitting highs of 52c within half an hour of the market opening.

Aaand on it went.

The stock, which gained another 80 per cent in its second week on the ASX is now worth 93c per share and has market cap of $223m.

On Thursday it tapped the former director of business development at $2.5 billion Swedish payments giant Klarna to spearhead its growth strategy.

Klarna is hot property right now — not only is Snoop Dogg an investor, he’s the face of its new advertising campaign.

Check this out:

 

Kids: they grow up so quickly

A little over a year ago WA oil producer Triangle Energy (ASX:TEG) spun out a single project in the Bowen Basin in Queensland into a company called State Gas (ASX:GAS), hanging onto a 35.47 per cent stake.

That shareholding is proving profitable.

Today Triangle is worth about $43m on the ASX, even with oil production of 1000 barrels bringing in $32,420 pure profit every day. Its stake in State Gas is worth $46m.

State Gas shares hit $1 for the first time on Wednesday, valuing the company at $129m; some of that magic is finally rubbing off on proud parent Triangle, which is up 45 per cent for the week.

 

Other notable winners included copper gold explorer Auris (ASX: AUR), and peer to peer lending platform Wisr (ASX:WZR), up 50 per cent and 33 per cent for the week respectively.

Here are the best performing ASX small cap stocks for Feb 4-8:

Swipe or scroll to reveal full table. Click headings to sort

Ticker Name Share Price One Week Total Return % Market Cap ($AU Million)
PEC PERPETUAL RESOURCES 0.03 114.2857 $6.2
IBN IBUYNEW GROUP 0.2 100 $4.4
CLY CLANCY EXPLORATION 0.002 100 $7
SPT SPLITIT PAYMENTS 0.93 80 $223
CUX CROSSLAND STRATEGIC METALS 0.006 66.6667 $5.1
S66 STAR COMBO PHARMA 0.75 54.5455 $43.8
WZR WISR 0.067 51.1111 $36.8
DDT DATADOT TECHNOLOGY 0.009 50 $5.7
FTT FACTOR THERAPEUTICS 0.003 50 $3.1
NWE NORWEST ENERGY 0.003 50 $10.1
MNC METMINCO 0.0025 50 $2.3
BPH BPH ENERGY 0.0015 50 $3.7
E2M E2 METALS 0.14 47.0588 $6.1
HCH HOT CHILI 0.015 45.4546 $13.1
TEG TRIANGLE ENERGY GLOBAL 0.12 45.3488 $42.9
SDV SCIDEV 0.072 44 $4.6
SMX SECURITY MATTERS 0.3 43.1818 $29.3
OEL OTTO ENERGY 0.059 41.8605 $105.0
ERA ENERGY RESOURCES OF AUST 0.375 40.8163 $170.8
GTE GREAT WESTERN EXPLORATION 0.007 40 $6.8
SLX SILEX SYSTEMS 0.235 38.2353 $42.6
CY5 CYGNUS GOLD 0.075 36.3636 $4.2
DCL DOMACOM 0.11 35.8025 $13.2
ATU ATRUM COAL 0.135 35 $48.7
YOJ YOJEE 0.08 33.3333 $66.9
AUR AURIS MINERALS 0.04 33.3333 $14.3
NME NEX METALS EXPLORATION 0.02 33.3333 $3.8
FIG FREEDOM INSURANCE GROUP 0.02 33.3333 $4.8
MHC MANHATTAN CORP 0.004 33.3333 $3.0
POH PHOSPHAGENICS 0.004 33.3333 $6.3
EXO ENNOX GROUP 0.004 33.3333 $7.1

 

LOSERS

Usually companies try to talk up bad profit guidance, using all kinds of shenanigans to confuse and mislead.

But not the straight shooters at MotorCycle Holdings (ASX:MTO).

They are preparing shareholders for first half EBITDA (earnings before interest, tax, depreciation and amortisation) of $10m to $10.5m.

MotorCycle Holdings boss David Ahmet bemoaned the continuing national market decline in new motorcycle sales being reflected in the company’s performance.

And the company’s stock reflected the Eeyore-like sentiment, dropping more than 20 per cent on Wednesday, and finishing the week at $1.51 — a 27 per cent drop.

Another notable loser is troubled leisure company Indoor Skydiving Australia (ASX:IDZ), which dropped another 31 per cent to finish the week with a measly $2.6m market cap.

Probably time to pull that parachute.
 

Here are the worst performing ASX small cap stocks for February 4-8:

Swipe or scroll to reveal full table. Click headings to sort

Ticker Name Share Price One Week Total Return % Market Cap ($AU Million)
RD1 REGISTRY DIRECT 0.011 -56 $1.8m
BMG BMG RESOURCES 0.005 -37.5 $2.4m
UUL ULTIMA UNITED 0.042 -35.3846 $1.2m
IHR INTELLIHR HOLDINGS 0.12 -33.3333 $13.2m
TPP TEMPO AUSTRALIA 0.105 -33.3333 $30.1m
ADX ADX ENERGY 0.006 -33.3333 $8.5m
UTR ULTRACHARGE 0.005 -33.3333 $4.7m
XST XSTATE RESOURCES 0.003 -33.3333 $3.4m
KLH KALIA 0.002 -33.3333 $7.5m
PCH PROPERTY CONNECT HOLDINGS 0.002 -33.3333 $921.8k
CIO CONNECTED IO 0.002 -33.3333 $4.5m
GLA GLADIATOR RESOURCES 0.001 -33.3333 $2.2m
VAR VARISCAN MINES 0.001 -33.3333 $1.9m
NIU NIUMINCO GROUP 0.001 -33.3333 $2.8m
DXN DATA EXCHANGE NETWORK 0.081 -32.5 $14.9m
EN1 ENGAGE:BDR 0.023 -32.1429 $6.8m
GCY GASCOYNE RESOURCES 0.094 -31.1111 $50.5m
IDZ INDOOR SKYDIVING AUSTRALIA 0.02 -31.0345 $2.6m
KAS KASBAH RESOURCES 0.082 -30.9764 $8.7m
SHO SPORTSHERO 0.075 -30.9091 $20.2m
KYK KYCKR 0.05 -29.5775 $9.5m
CAT CATAPULT GROUP INTERNATIONAL 0.635 -28.4024 $149.8m
MTO MOTORCYCLE HOLDINGS 1.51 -27.0531 $94.4m
RES RESOURCE GENERATION 0.061 -25.6098 $36.6m
AC8 AUSCANN GROUP HOLDINGS 0.47 -25.3968 $153.0m