Latest news with #GTN
Yahoo
3 hours ago
- Business
- Yahoo
ASX Penny Stocks To Watch With Market Caps Under A$200M
As the Australian market faces a challenging week with futures down and global tariff tensions looming, investors are keenly observing potential opportunities. Despite its somewhat outdated name, the concept of penny stocks remains relevant for those interested in smaller or newer companies that might offer substantial value. By focusing on firms with solid financial foundations and growth potential, investors can uncover hidden gems within this sector. Top 10 Penny Stocks In Australia Name Share Price Market Cap Financial Health Rating Alfabs Australia (ASX:AAL) A$0.40 A$114.64M ★★★★☆☆ EZZ Life Science Holdings (ASX:EZZ) A$2.03 A$95.76M ★★★★★★ GTN (ASX:GTN) A$0.57 A$108.68M ★★★★★★ IVE Group (ASX:IGL) A$2.95 A$454.84M ★★★★★☆ West African Resources (ASX:WAF) A$2.35 A$2.68B ★★★★★★ Southern Cross Electrical Engineering (ASX:SXE) A$1.775 A$469.33M ★★★★★★ Regal Partners (ASX:RPL) A$2.92 A$981.78M ★★★★★★ Sugar Terminals (NSX:SUG) A$0.99 A$360M ★★★★★★ Austco Healthcare (ASX:AHC) A$0.37 A$134.79M ★★★★★★ CTI Logistics (ASX:CLX) A$1.86 A$149.81M ★★★★☆☆ Click here to see the full list of 460 stocks from our ASX Penny Stocks screener. Here's a peek at a few of the choices from the screener. CleanSpace Holdings Simply Wall St Financial Health Rating: ★★★★★☆ Overview: CleanSpace Holdings Limited designs, manufactures, and sells respiratory protection products and services for healthcare and industrial markets globally, with a market cap of A$59.48 million. Operations: The company generates revenue of A$17.61 million from its respiratory products segment. Market Cap: A$59.48M CleanSpace Holdings, with a market cap of A$59.48 million, is navigating the challenges of being unprofitable while generating A$17.61 million in revenue from its respiratory products. Despite its negative return on equity and increasing losses over the past five years, it has managed to reduce its debt-to-equity ratio significantly from 51.9% to 14.8%. The company's short-term assets comfortably cover both short- and long-term liabilities, indicating financial stability in the near term. However, the management team lacks extensive experience with an average tenure of 1.9 years, which could impact strategic execution moving forward. Click to explore a detailed breakdown of our findings in CleanSpace Holdings' financial health report. Gain insights into CleanSpace Holdings' future direction by reviewing our growth report. Sandon Capital Investments Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Sandon Capital Investments Limited is a publicly owned investment manager with a market capitalization of A$129.27 million. Operations: The company's revenue is derived entirely from Investing Activities, totaling A$23.02 million. Market Cap: A$129.27M Sandon Capital Investments, with a market cap of A$129.27 million, shows financial resilience as its short-term assets (A$167.4M) exceed both short- and long-term liabilities. The company's net profit margins have improved to 70.7%, although it faced negative earnings growth over the past year, contrasting with the industry average growth of 23.4%. Its debt is not well covered by operating cash flow but remains manageable due to more cash than total debt and strong interest coverage by EBIT (9.1x). Despite a low return on equity at 12.6%, its price-to-earnings ratio suggests it may be undervalued compared to the broader Australian market. Dive into the specifics of Sandon Capital Investments here with our thorough balance sheet health report. Explore historical data to track Sandon Capital Investments' performance over time in our past results report. Shaver Shop Group Simply Wall St Financial Health Rating: ★★★★★★ Overview: Shaver Shop Group Limited operates as a retailer of personal care and grooming products in Australia and New Zealand, with a market cap of A$193.90 million. Operations: The company's revenue is primarily generated through retail store sales of specialist personal grooming products, amounting to A$218.14 million. Market Cap: A$193.9M Shaver Shop Group Limited, with a market cap of A$193.90 million, operates debt-free and demonstrates financial stability as its short-term assets (A$62.1M) exceed both short- and long-term liabilities. The company has experienced negative earnings growth over the past year (-6.1%), yet forecasts suggest a 7.96% annual growth in earnings moving forward. Despite a decline in net profit margins from 7.1% to 6.7%, Shaver Shop's seasoned management team and high-quality past earnings contribute to its resilience in the market, trading at 54.3% below estimated fair value without significant shareholder dilution recently observed. Click here to discover the nuances of Shaver Shop Group with our detailed analytical financial health report. Evaluate Shaver Shop Group's prospects by accessing our earnings growth report. Summing It All Up Click here to access our complete index of 460 ASX Penny Stocks. Ready For A Different Approach? This technology could replace computers: discover the 26 stocks are working to make quantum computing a reality. 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 ASX:CSX ASX:SNC and ASX:SSG. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Japan Times
a day ago
- Business
- Japan Times
GTN takes a chance on newcomers to Japan
Hiroyuki Goto ventured into what appeared to be a high-risk business nearly two decades ago when, at the age of 28, he started providing rent guarantees for foreign nationals living in Japan. 'Everyone around me strongly advised me not to do it and tried to stop me. They thought I was a bit crazy,' said Goto, who founded Global Trust Networks (GTN) in 2006. Goto was somewhat optimistic because of personal experience. When he was a student at Chuo University, he was hanging out with a number of foreign exchange students, and even established a startup with some of them. Goto ended up co-signing leases for around 20 non-Japanese people, including some friends and friends of friends he had never met. 'Luckily, not a single one of them caused me any trouble," Goto recalls. "That experience made me think that this would work.' Getting a lease guaranteed in Japan can be difficult, especially for newcomers. Traditionally, a Japanese citizen, permanent resident or other person well-established in the country had to agree to be the guarantor. In recent years, commercial solutions have become more common, so that there's no need to find an individual to co-sign. A company will do it for a fee — normally an upfront charge and then a monthly charge calculated as a percentage of the total rent. These companies are not always willing to take a chance and co-sign a lease for a non-Japanese tenet. On paper, foreigners tend to be risky from a credit analysis point of view. They normally have sparse credit histories and few assets in Japan, and they are statistically more likely to leave the country at some point. Goto's experience suggested that the actual risk of backing a foreign resident might not be unusually high, and he thought that renting a place should not be an obstacle for people coming to Japan. More broadly, he felt it was inevitable that the country would have to accept more foreign workers due to depopulation. So, he started GTN. The number of foreign workers in Japan topped 2.3 million last year, a fourfold increase in 15 years, while GTN's sales have grown 11-fold over the past decade. The company has never had a down year since its founding, according to Goto, who is the CEO and remains the largest shareholder of the company. Even during the pandemic, GTN managed to maintain sales, as the business model is mainly based on recurring revenue, Goto said. One key to success is developing the know-how to control risks so that payments are made on time and tenants remain in good standing. 'We invest significant resources and money into providing support for foreign residents to make sure that they adapt to Japanese customs and successfully settle in,' he said. Closely communicating with each client and offering appropriate help to solve problems, being more than just a guarantor, lowers risk of delay or default, Goto added. GTN has expanded significantly since its founding. In 2014, the company established a staffing business for foreign workers. The following year, it started offering mobile phone services. In 2017, GTN rolled out a credit card for non-Japanese residents in Japan. GTN announced in July a capital tie-up with Nippon Life Insurance, Japan's largest life insurer, to strengthen its financial and insurance business. Ikebukuro-headquartered GTN now has 10 locations in Japan, including a sales outlet at Haneda Airport. It has also established itself overseas, with three locations in Vietnam and one each in South Korea and Mongolia. With Japan still facing severe labor shortages and expected to rely more on foreign workers, Goto feels the roles that GTN plays to connect foreigners to Japanese society will be more crucial. Signs of increasing anti-foreign sentiment emerged in the Upper House election in July. Sanseito, a right-wing populist party, gained seats with a 'Japanese First' platform. 'I'd expected the topic of foreign nationals would be brought to the table at some point, but it's a bit surprising how abruptly it has surfaced in the current political climate,' Goto said. While policies concerning foreign nationals are drawing attention, Goto said accepting foreign capital and foreign labor is essential for the Japanese economy, especially when it comes to achieving economic growth in areas outside the main cities. Claims of problems related to foreign residents — such as garbage not properly sorted and unlicensed lodging establishments being operated — have been widely reported, but Goto believes this represents an opportunity. 'Instead of saying 'let's stop accepting foreign nationals because these problems happen,' we believe it's really important to work together with the government and local municipalities to solve these problems,' he said. Taiwan Semiconductor Manufacturing Company has been building factories in Kumamoto Prefecture, and GTN opened an office there last year. 'Everyone basically welcomes foreign investments that energize the local economy,' he noted.
Yahoo
6 days ago
- Business
- Yahoo
Gray Media (GTN) Stock Declines While Market Improves: Some Information for Investors
In the latest close session, Gray Media (GTN) was down 3.31% at $4.97. This move lagged the S&P 500's daily gain of 0.4%. Meanwhile, the Dow experienced a rise of 0.47%, and the technology-dominated Nasdaq saw an increase of 0.24%. Shares of the broadcast television company witnessed a gain of 12.97% over the previous month, beating the performance of the Consumer Discretionary sector with its gain of 2.16%, and the S&P 500's gain of 4.61%. The investment community will be closely monitoring the performance of Gray Media in its forthcoming earnings report. The company is scheduled to release its earnings on August 8, 2025. The company is predicted to post an EPS of -$0.34, indicating a 477.78% decline compared to the equivalent quarter last year. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$0.72 per share and revenue of $3.15 billion, indicating changes of -121.43% and -13.67%, respectively, compared to the previous year. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Gray Media. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Gray Media currently has a Zacks Rank of #3 (Hold). The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 153, positioning it in the bottom 39% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. You can find more information on all of these metrics, and much more, on Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Gray Media Inc. (GTN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
22-07-2025
- Business
- Globe and Mail
Gray Announces Upsizing and Pricing of $775 Million of 7.250% Senior Secured First Lien Notes due 2033
ATLANTA, July 22, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. ('Gray') (NYSE: GTN) announced today the pricing of its previously announced private offering of $775 million aggregate principal amount of 7.250% senior secured first lien notes due 2033 (the 'Notes'). This represents an increase of $75 million over the amount previously announced. The Notes were priced at 100% of par. The offering of the Notes is expected to close on July 25, 2025, subject to customary closing conditions. The Notes are being offered to (i) repay a portion of Gray's term loan D due December 1, 2028, (ii) repay a portion of Gray's term loan F due June 4, 2029, (iii) repay all outstanding indebtedness drawn under Gray's revolving credit facility, (iv) pay fees and expenses in connection with the offering, and (v) for general corporate purposes. The Notes will be guaranteed, jointly and severally, on a senior secured first lien basis, by each existing and future restricted subsidiary of Gray that guarantees Gray's existing senior credit facility. The Notes and related guarantees will be offered only to persons reasonably believed to be qualified institutional buyers under Rule 144A of the Securities Act of 1933, as amended (the 'Securities Act'), and to non-U.S. persons in transactions outside the United States under Regulation S of the Securities Act. The Notes have not been, and will not be, registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and other applicable securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This notice is being issued pursuant to and in accordance with Rule 135c under the Securities Act. Forward-Looking Statements: This press release contains certain forward-looking statements that are based largely on Gray's current expectations and reflect various estimates and assumptions by Gray. These statements are statements other than those of historical fact and may be identified by words such as 'estimates,' 'expect,' 'anticipate,' 'will,' 'implied,' 'intend,' 'assume' and similar expressions. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results and achievements to differ materially from those expressed in such forward-looking statements. Such risks, trends and uncertainties, which in some instances are beyond Gray's control, include Gray's ability to consummate the offering of notes; the intended use of proceeds of the offering; and other future events. Gray is subject to additional risks and uncertainties described in Gray's quarterly and annual reports filed with the Securities and Exchange Commission from time to time, including in the 'Risk Factors,' and management's discussion and analysis of financial condition and results of operations sections contained therein, which reports are made publicly available via its website, Any forward-looking statements in this communication should be evaluated in light of these important risk factors. This press release reflects management's views as of the date hereof. Except to the extent required by applicable law, Gray undertakes no obligation to update or revise any information contained in this communication beyond the date hereof, whether as a result of new information, future events or otherwise. Gray Contacts: Jeffrey R. Gignac, Executive Vice President and Chief Financial Officer, 404-504-9828 Kevin P. Latek, Executive Vice President, Chief Legal and Development Officer, 404-266-8333 # # #
Yahoo
20-07-2025
- Business
- Yahoo
ASX Penny Stocks With Market Caps Over A$600M
The Australian sharemarket is set to follow Wall Street's record-setting trend, with the ASX 200 futures pointing to a positive end to the week amid U.S. economic signals and rising unemployment rates. In such a buoyant market atmosphere, investors often explore diverse opportunities, including penny stocks—an investment category that continues to intrigue despite its somewhat outdated label. These smaller or newer companies can offer significant potential when they possess strong financials and promising growth paths, providing an attractive option for those looking beyond the traditional blue-chip investments. Top 10 Penny Stocks In Australia Name Share Price Market Cap Financial Health Rating Alfabs Australia (ASX:AAL) A$0.415 A$118.93M ★★★★☆☆ EZZ Life Science Holdings (ASX:EZZ) A$2.31 A$108.97M ★★★★★★ GTN (ASX:GTN) A$0.59 A$112.49M ★★★★★★ IVE Group (ASX:IGL) A$3.14 A$484.13M ★★★★★☆ West African Resources (ASX:WAF) A$2.25 A$2.56B ★★★★★★ Southern Cross Electrical Engineering (ASX:SXE) A$1.80 A$475.94M ★★★★★★ Regal Partners (ASX:RPL) A$2.66 A$894.36M ★★★★★★ Sugar Terminals (NSX:SUG) A$0.99 A$360M ★★★★★★ Bisalloy Steel Group (ASX:BIS) A$4.23 A$200.71M ★★★★★★ CTI Logistics (ASX:CLX) A$1.90 A$153.03M ★★★★☆☆ Click here to see the full list of 458 stocks from our ASX Penny Stocks screener. Let's explore several standout options from the results in the screener. Brazilian Rare Earths Simply Wall St Financial Health Rating: ★★★★★★ Overview: Brazilian Rare Earths Limited is engaged in the exploration of rare earth elements and other critical minerals in Brazil, with a market cap of A$670.54 million. Operations: Currently, there are no reported revenue segments for this company. Market Cap: A$670.54M Brazilian Rare Earths Limited, with a market cap of A$670.54 million, is a pre-revenue company focused on rare earth elements in Brazil. Recent advancements include successful production of high-purity mixed-rare earth carbonate and uranium peroxide from its Monte Alto Project, marking significant progress in its strategy to establish an integrated supply chain. Exploration at the Sulista Project revealed ultra-high-grade deposits and promising drill results, enhancing future potential. Although debt-free with sufficient cash runway for over a year, the company remains unprofitable and led by an inexperienced management team. Strategic alliances are underway to optimize mineral processing capabilities. Dive into the specifics of Brazilian Rare Earths here with our thorough balance sheet health report. Review our growth performance report to gain insights into Brazilian Rare Earths' future. HMC Capital Simply Wall St Financial Health Rating: ★★★★★☆ Overview: HMC Capital Limited, along with its subsidiaries, owns and manages real estate-focused funds in Australia and has a market capitalization of A$1.59 billion. Operations: HMC Capital generates revenue from its real estate segment, amounting to A$77.6 million. Market Cap: A$1.59B HMC Capital, with a market cap of A$1.59 billion, presents a mixed picture for investors interested in penny stocks. The company has shown substantial earnings growth over the past year at 289.9%, outperforming the industry average significantly. However, this growth includes a large one-off gain of A$130.1 million affecting recent results. HMC's valuation appears attractive as it trades below estimated fair value and maintains good relative value compared to peers. Despite having more cash than debt and covering interest payments comfortably, its operating cash flow coverage is weak, and future earnings are forecast to decline slightly over three years by an average of 1.5% annually. Click to explore a detailed breakdown of our findings in HMC Capital's financial health report. Gain insights into HMC Capital's outlook and expected performance with our report on the company's earnings estimates. United Overseas Australia Simply Wall St Financial Health Rating: ★★★★★★ Overview: United Overseas Australia Ltd, along with its subsidiaries, is involved in the development and resale of land and buildings across Malaysia, Singapore, Vietnam, and Australia with a market capitalization of A$1.02 billion. Operations: The company's revenue segments include the development and resale of land and buildings across Malaysia (MYR 1.72 billion), Singapore (MYR 1.14 billion), Vietnam (MYR 0.98 billion), and Australia (MYR 0.95 billion). Market Cap: A$1.02B United Overseas Australia Ltd, with a market cap of A$1.02 billion, demonstrates key traits appealing to penny stock investors. The company has achieved significant earnings growth of 14.2% over the past year, surpassing industry averages and reflecting strong operational performance. Its financial health is robust with short-term assets exceeding both short and long-term liabilities significantly, while debt levels have been reduced to zero from 5.5% over five years. Despite a lower net profit margin compared to last year, the company's price-to-earnings ratio suggests it offers good value relative to the broader Australian market average. Unlock comprehensive insights into our analysis of United Overseas Australia stock in this financial health report. Gain insights into United Overseas Australia's historical outcomes by reviewing our past performance report. Key Takeaways Click this link to deep-dive into the 458 companies within our ASX Penny Stocks screener. Want To Explore Some Alternatives? Trump has pledged to "unleash" American oil and gas and these 22 US stocks have developments that are poised to benefit. 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 ASX:BRE ASX:HMC and ASX:UOS. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
