Should I buy these 2 penny stocks?

first_img Our 6 ‘Best Buys Now’ Shares Kirsteen Mackay | Monday, 24th May, 2021 | More on: KNB SHI Enter Your Email Address For regular stock market investing ideas and help choosing the best shares to buy now, sign up to The Motley Fool today. Should I buy these 2 penny stocks? The company continues to see growth across Renovation Maintenance Improvement (RMI) in housing and construction throughout the UK and France. But the evolving pandemic backdrop continues to create uncertainty in the near term. As does the risk of inflation.The SHI share price is currently down 53% from its pre-pandemic price, so there might still be upside for patient shareholders. Unfortunately, it’s been a very volatile stock over the past decade with several prolonged downward price trends. This discourages me from investing at what could be a high price point. From January to April 2021, group sales fell 4% compared to 2019. I think this is discouraging. Overall, I’m not drawn to invest in SHI shares today, there are other stocks I’d prefer to buy. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Get the full details on this £5 stock now – while your report is free. Kirsteen has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Kanabo Group (LSE:KNB) is a cannabis company listed on the London Stock Exchange. It launched via an initial public offering (IPO) in February to great excitement. The penny stock arrived with a listing price of 6.5p, but we saw the KNB share price rocketing above 40p within the first two days. Yet it plummeted soon afterwards. Now, the Kanabo share price appears to have steadied around 20p.What does Kanabo do?Kanabo is a stock specialising in medical cannabis while developing and manufacturing a CBD-based range of products.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Long term, it hopes to build a recurring revenue business model selling a varied assortment of unlicensed medical oils for use with its medical-grade vaporisers. This could be a potential money-spinner but I think it will take a long time to reach this point.The company is based in Israel and its founder and CEO Avihu Tamir has extensive experience in working with medical cannabis patients. This inspired his vision to create a medical vaporiser for patients that would start to combat the negative effects of smoking cannabis or tobacco-cannabis mixtures.Would I buy KNB shares?The Kanabo share price is up slightly today from its Friday close, after the company announced it’s taken a £750k stake in Hellenic Dynamics. This is a Greek medical cannabis cultivation company, which is expected to publicly list in London soon via a reverse takeover. It raised the money for this stake via a share placing of 4.5m shares at 22p each. This may be a profitable move, but issuing new shares so soon after IPO may not please all investors.It’s also begun implementing partnerships to produce and distribute its products, plus it’s awaiting certification on its VapePod device. These things take time so it could be another year before it’s reporting news that boosts the Kanabo share price.I’m interested in investing in the growth of the cannabis market. But I think the KNB share price could have further to fall in the short-term, therefore I’ll keep it on my watch list for now.Cashing in on the construction boomAnother London-listed penny stock I’ve been looking at is SIG (LSE:SHI). It supplies insulation, roofing, commercial interiors, and specialist construction products. The construction industry is booming today and demand for these products is high.SIG is in the FTSE-All Share index. It has a £691m market cap, and earnings per share are negative. It also cancelled its dividend last year, although it hopes to reinstate it. FREE REPORT: Why this £5 stock could be set to surge Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. Image source: Getty Images Simply click below to discover how you can take advantage of this. See all posts by Kirsteen Mackaylast_img read more

Online charity lottery operator’s share price drops

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 2 June 2006 | News The company launched on the Alternative Investment Market in February 2006 with shares at 115p. Yesterday its shares closed down 14p at 8p, a drop of 65%.The company is working to reduce costs and seek further investment. Shares in Chariot (UK), the operator of the new online lottery, dropped by 65% yesterday, according to The Guardian, following disappointing ticket sales.Although the lottery has raised £520,000 for 20 charities in its first four draws, only 1.68 million tickets have been sold to just over 200,000 players in that period.Chariot admitted that income from ticket sales had been “significantly less than projected and cannot sustain the company’s original business plan”. Advertisement Online charity lottery operator’s share price dropscenter_img About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving.  29 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Gaming Research / statisticslast_img read more

Students camp out to get full GameDay Experience

first_imgTwitter From taking snaps to committing sacks: one Frog’s journey across the football field Hunter Smith ReddIt Facebook TCU places second in the National Student Advertising Competition, the highest in school history Hunter Smith is a Sports Broadcasting major and Journalism minor from New Braunfels, Texas. Hunter has his own sports radio talk show you can tune into every Monday at six on KTCU 88.7. After graduation, Hunter hopes to find a job as a sports reporter and on-air talent. Hunter Smith Facebook + posts Hunter Smith Linkedin Students frustrated, concerned by lack of close to campus parking World Oceans Day shines spotlight on marine plastic pollution Graduation-Senior football players reflect time at TCU Hunter Smith Previous articleHoroscope: October 7, 2017Next articleTCU showcases its resiliency in gut-check victory over No. 23 West Virginia Hunter Smith RELATED ARTICLESMORE FROM AUTHOR ReddIt Former frog Clint Gresham promotes new book at campus store Hunter Smith Twitter printA herd of students covered the campus commons with tents, blankets, and sleeping bags Friday night as they awaited their opportunity to be a part of the experience that is College GameDay.Electonic sign, part of College GameDay’s set up Oct. 6, 2017. (Photo by Hunter Smith)ESPN’s College GameDay has attended five previous TCU games. However, GameDay is a rare sight in Fort Worth as only one of the five games featured the Horned Frogs on campus in 2009.That eight-year gap between home GameDay appearances is what drove many students to camp out in the commons the night before GameDay.Trent Attyah, sophomore sports broadcasting major, described GameDay like Christmas Morning for college students.“We haven’t been in this situation since 2009,” Attyah said. “We have no idea when we will have this opportunity again.”Sophomore Trent Attyah with his sign for GameDay Oct. 6, 2017. (Photo by Hunter Smith)Peter Middlemist, a senior finance major, said he’s happy the seniors get a chance to experience GameDay at least once in their time at TCU.“As we were going through our four years here, we were worried we wouldn’t be able to see it,” Middlemist said. “GameDay’s a special thing, you don’t see it too often.College GameDay also gives each university they visit a chance to promote their campus to a nationwide audience.“It’s kind of like a three-hour commercial for our school,” Middlemist said. “Everybody around the country is going to see what TCU looks like, what TCU is to people.”Middlemist said the first time he heard of TCU was when TCU played in the Rose Bowl in 2011, which was another one of TCU’s GameDay appearances.“I was cheering for them, you know cheering for the underdog,” Middlemist said. “Then I looked them up afterward and that was my first way of noticing TCU.” Students bring tents and sleeping bags for camping out in the commons the night before College GameDay October 6, 2017. (Photo by Hunter Smith) Linkedin Welcome TCU Class of 2025last_img read more

Michael A. Taylor injury update: Nationals outfielder to miss ‘significant’ time with sprained knee and hip

first_imgTaylor’s injuries, coupled with the offseason loss of Bryce Harper, will leave the Nationals outfield extremely thin to start the season. With Juan Soto starting in left and Adam Eaton in right, the Nationals have only one other healthy outfielder, Andrew Stevenson, on the 40-man roster. Howie Kendrick is dealing with a hamstring injury. Taylor was slated to begin the season splitting time with Victor Robles in center field. The five-year veteran had a breakout season in 2017 with 19 home runs and an .806 OPS, but regressed last year, slashing .227/.287/.357 with six home runs in 134 games. But Taylor has retooled his swing and was off to a strong start in spring training, going 9 for 24 with three doubles and a home run in 10 games. Related News Bryce Harper injury update: Phillies star has foot contusion after being hit by fastballcenter_img Nationals outfielder Michael A. Taylor is expected to miss “a significant amount of time,” manager Dave Martinez told MASN on Friday.The 27-year-old Taylor sprained his left knee and hip making a diving play in Thursday’s game against the Twins and was later spotted limping in the clubhouse.last_img read more