Latest news with #CBLInternationalLimited
Yahoo
25-04-2025
- Business
- Yahoo
Why CBL International Limited (BANL) Is Crashing This Week
We recently published a list of Energy Stocks that are Losing This Week. In this article, we are going to take a look at where CBL International Limited (NASDAQ:BANL) stands against other energy stocks that are crashing this week. After a promising start to the year, the overall energy sector has fallen by almost 5.5% since the beginning of 2025. However, it still beats the 9.9% decline suffered by the wider market. The major reason behind this downturn is the plunge in global crude oil price, caused by the continued uncertainty surrounding the ongoing tariff war, the prospects of an economic slowdown, and the recent decision by OPEC+ to increase supply in May. The WTI crude oil price, which stood at just over $71 a barrel in the beginning of April, plunged to below $60 before again resurging to around $64.3 currently. To put additional pressure on the sector, the International Energy Agency recently cut its 2025 oil demand growth forecast by 300,000 barrels per day compared to last month, warning the world to 'buckle up' amid the escalating trade tensions. Moreover, OPEC also cut its 2025 global oil demand growth forecast for the first time since December last week, expecting the demand to rise by 1.30 million bpd in 2025 and by 1.28 million bpd in 2026. Both figures are down 150,000 bpd from last month's estimates. A vessel being refueled at a port from a fuel logistics tanker. To collect data for this article, we have referred to several stock screeners to find energy stocks that have fallen the most between April 15 to April 22, 2025. The following are the Energy Stocks that Lost the Most This Week. The stocks are ranked according to their share price decline during this period. At Insider Monkey, we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Share Price Decline Between Apr. 15 and Apr. 22: 14.15% Topping our list of Energy Stocks Losing the Most This Week is CBL International Limited (NASDAQ:BANL), which represents the Banle Group – a leading Asia-Pacific marine fuel logistics provider operating in over 60 global ports, including key hubs in Europe, Asia, and the Americas. CBL International Limited (NASDAQ:BANL) revealed its full-year 2024 results last week, and while the company's revenue soared by 35.9% YoY to $592.5 million, it reported a net loss of $3.87 million in 2024, compared to a net income of $1.13 million in 2023. The loss was mainly attributed to challenging market conditions, resulting in a 25.5% YoY decrease in gross profit and a 56.8% YoY rise in operating expenses. As a result, BANL's EPS for FY 2024 decreased to -$0.136 from $0.045 in 2023. Overall, BANL ranks 1st on our list of the energy stocks that lost the most this week. While we acknowledge the potential of energy companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than BANL but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
08-04-2025
- Business
- Yahoo
CBL International Limited Announces 2024 Annual Results at Webcast
KUALA LUMPUR, Malaysia, April 08, 2025 (GLOBE NEWSWIRE) -- CBL International Limited (the 'Company' or 'CBL') (NASDAQ: BANL), the listing vehicle of Banle Group ('Banle' or 'the Group'), a reputable marine fuel logistic company based in the Asia-Pacific region, announced today it will file its Annual Report on Form 20-F for the year ended December 31, 2024, on Wednesday, April 16, 2025. CBL will host a webcast on Thursday, April 17, 2025, at 10:00 am HKT or Wednesday, April 16, 2025, at 10:00 pm ET. Company Management will discuss the Group's business strategies and recent developments at the webcast. Company Management attending:Dr. Teck Lim Chia – Chairman & Chief Executive OfficerMr. Nicholas Fung – Assistant Chief Financial OfficerMs. Venus Zhao – Investor Relations & Public Relations Director Registration for the webcast is now open. Analysts and investors who wish to join the webcast are invited to register via the following link: English: Chinese: About the Banle Group CBL International Limited (Nasdaq: BANL) is the listing vehicle of Banle Group, a reputable marine fuel logistic company based in the Asia Pacific region that was established in 2015. We are committed to providing customers with one-stop solution for vessel refueling, which is referred to as bunkering facilitator in the bunkering industry. We facilitate vessel refueling mainly through local physical suppliers in over 60 major ports covering Belgium, China, Hong Kong, India, Japan, Korea, Malaysia, Mauritius, Panama, the Philippines, Singapore, Taiwan, Thailand, Turkey and Vietnam, as of 12 September, 2024. The Group actively promotes the use of sustainable fuels and is awarded the ISCC EU and ISCC Plus certifications. For more information about our company, please visit our website at: Forward-Looking Statements Certain statements in this announcement are not historical facts but are forward-looking statements. Forward-looking statements generally are accompanied by words such as 'believe,' 'may,' 'could,' 'will,' 'estimate,' 'continue,' 'anticipate,' 'intend,' 'expect,' 'plan,' 'should,' 'would,' 'plan,' 'future,' 'outlook,' 'potential,' 'project' and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other performance metrics and projections of market opportunity. They involve known and unknown risks and uncertainties and are based on various assumptions, whether or not identified in this press release and on current expectations of BANL's management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of BANL. Some important factors that could cause actual results to differ materially from those in any forward-looking statements could include changes in domestic and foreign business, markets, financial, political and legal conditions, geopolitical disruptions and other events that result in material changes in fuel prices. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC. CBL INTERNATIONAL LIMITED(Incorporated in Cayman Islands with limited liabilities) For more information, please contact: CBL International Limited Email: investors@ Strategic Financial Relations Limited Shelly Cheng Tel: (852) 2864 4857 Iris Au Yeung Tel: (852) 2114 4913 Email: sprg_cbl@ in to access your portfolio
Yahoo
05-03-2025
- Business
- Yahoo
Undervalued Opportunities: 3 Penny Stocks With Market Caps As Low As $10M
As the U.S. stock market navigates mixed signals from economic data and ongoing trade discussions, investors are increasingly looking for alternative opportunities beyond the major indices. Penny stocks, often representing smaller or newer companies, continue to attract attention due to their affordability and potential for growth. Despite being a term that might seem outdated, penny stocks remain relevant as they can offer hidden value when backed by strong financials. Name Share Price Market Cap Financial Health Rating Safe Bulkers (NYSE:SB) $3.80 $388.56M ★★★★☆☆ QuantaSing Group (NasdaqGM:QSG) $3.08 $118.07M ★★★★★★ BAB (OTCPK:BABB) $0.8994 $6.03M ★★★★★☆ Golden Growers Cooperative (OTCPK:GGRO.U) $4.50 $67.38M ★★★★★★ Imperial Petroleum (NasdaqCM:IMPP) $2.41 $74.31M ★★★★★★ Permianville Royalty Trust (NYSE:PVL) $1.46 $48.84M ★★★★★★ PHX Minerals (NYSE:PHX) $3.78 $145.05M ★★★★★☆ Smith Micro Software (NasdaqCM:SMSI) $1.21 $20.22M ★★★★★☆ CBAK Energy Technology (NasdaqCM:CBAT) $0.849 $73.49M ★★★★★☆ TETRA Technologies (NYSE:TTI) $3.43 $480.59M ★★★★☆☆ Click here to see the full list of 753 stocks from our US Penny Stocks screener. Let's explore several standout options from the results in the screener. Simply Wall St Financial Health Rating: ★★★★★★ Overview: ARB IOT Group Limited, operating through its subsidiaries, offers Internet of Things (IoT) system solutions and integration services in Malaysia, with a market cap of $13.14 million. Operations: The company generates MYR 58.19 million in revenue from its Internet of Things (IoT) system solutions and integration services in Malaysia. Market Cap: $13.14M ARB IOT Group Limited, with a market cap of US$13.14 million, has recently secured significant agreements that could enhance its position in the AI and IoT sectors. The company signed a US$45 million deal to supply AI servers to Gajah Kapitalan Sdn Bhd and is involved in establishing an AI data center experimental lab in collaboration with Malaysian institutions. Despite being unprofitable with increasing losses over five years, ARB IOT is debt-free and has sufficient short-term assets to cover liabilities. Its share price remains volatile, trading significantly below estimated fair value amid strategic growth initiatives. Unlock comprehensive insights into our analysis of ARB IOT Group stock in this financial health report. Review our historical performance report to gain insights into ARB IOT Group's track record. Simply Wall St Financial Health Rating: ★★★★★★ Overview: CBL International Limited is a marine fuel logistics company offering vessel refueling solutions across Malaysia, Hong Kong, China, South Korea, Singapore, and internationally with a market cap of $28.87 million. Operations: The company generates revenue primarily from its sales and distribution of marine fuel, amounting to $521.17 million. Market Cap: $28.87M CBL International Limited, with a market cap of US$28.87 million, focuses on marine fuel logistics and generated US$521.17 million in revenue. Despite being unprofitable with increasing losses over five years at 55.3% annually, the company is debt-free and has sufficient short-term assets (US$67.1 million) to cover liabilities (US$44.4 million). Recent activities include a follow-on equity offering of US$2.60 million and a US$50 million shelf registration filing for various securities, indicating potential capital-raising efforts amid executive changes as the CEO temporarily assumes CFO responsibilities following the previous CFO's transition to another role within the company. Click here and access our complete financial health analysis report to understand the dynamics of CBL International. Examine CBL International's past performance report to understand how it has performed in prior years. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: CBAK Energy Technology, Inc. engages in the manufacture, commercialization, and distribution of lithium-ion high power rechargeable batteries across Mainland China, the United States, Europe, and internationally with a market cap of $73.49 million. Operations: The company's revenue is primarily derived from its operations in the lithium-ion battery sector, with $150.73 million generated by CBAT and $56.70 million by Hitrans. Market Cap: $73.49M CBAK Energy Technology, with a market cap of US$73.49 million, has recently become profitable, marking a significant shift in its financial trajectory. Despite facing delisting risks from Nasdaq due to non-compliance with the minimum bid price requirement, it maintains stable weekly volatility and satisfactory debt levels. The company's net debt to equity ratio is low at 1.3%, and its interest payments are well covered by EBIT. However, short-term liabilities exceed short-term assets by US$23.7 million, posing liquidity challenges. Earnings growth is forecasted at 26.39% annually, although past results were impacted by a large one-off loss of US$9.4 million. Get an in-depth perspective on CBAK Energy Technology's performance by reading our balance sheet health report here. Explore CBAK Energy Technology's analyst forecasts in our growth report. Access the full spectrum of 753 US Penny Stocks by clicking on this link. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Jump on the AI train with fast growing tech companies forging a new era of innovation. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqCM:ARBB NasdaqCM:BANL and NasdaqCM:CBAT. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
