Stock picks Ausdrill and Mobile embrace

| March 22, 2014 | 0 Comments

Our two stock picks to watch are MBE ( Mobile embrace) Mobile technology company which has been shooting up  the graphs  and Ausdrill ( ASL) Mining services company who has been plunging

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We recommend you keep a  keen eye on these stocks  as Ausdrill has reached a nice buying level value for its price and MBE has upward potential.Her are their six month graphs from google finance

ausdrill  6month graph 1.68 to 0.75

Ausdrill (ASL ) six month price ( Ausdrill  6month graph 1.68 to 0.75 )

 

Ausdrill (ASX: ASL) has seen its shares slammed today, losing more than 24%, after the company warned that profits will fall by up to 61% this financial year.

Mining services compnay small and large have been  cutting back on their exploration programs to lower costs, Ausdrill and drilling supplies company Boart Longyear (ASX: BLY) have been at the forefront of the receding mining boom. Ausdrill and Boart Loangyear shares have lost 61% and 73% respectively over the past 12 month. But this could be the sweetspot for a revival in prices if  you are a speculator.

mbe asx mobile embrace 0.10 to 0.32 cent

 

Mobile embrace (MBE)six month price [ mbe asx mobile embrace 0.10 to 0.32 cent ]

 

MBE’s principal activities are Integrated mobile and digital communications being Mobile Payments (m-Payments) and Mobile Marketing (m-Marketing). You can check out their website for more info here

4th Screen Advertising Australia

The company operates through two segments, 4th Screen Advertising Australia and Mobile Entertainment Retail MER. The 4th Screen Advertising Australia segment provides mobile marketing solutions that enable to reach, engage, and embrace customers through mobiles and tablets. This segment provides mobile publishing, advertising, and messaging platforms and services; and mobile media design and development services.

Mobile Entertainment Retail MER

The Mobile Entertainment Retail MER segment offers mobile media trading desk and m-commerce platform, which enables payments, customer acquisition, and management through mobiles and tablets. The company is based in East Sydney, Australia.

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Category: ASX, Australia, Penny stocks

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