Small Cap Stocks Down Under 24 September 2021: Big River Industries, GenusPlus Group, 360 Capital REIT

Big River Industries: COVID-19’s ‘big’ opportunity

In today’s edition of Small Cap Stocks Down Under, headquartered in Junction Hill, New South Wales, buildings material distributor Big River Industries presented shareholders with an almost 100% return during 2HY21. A large part of this was excitement over a rather significant acquisition that was finalised in that period. However, we believe the company’s efficiency improvements initiated during FY20 were masked by sky high lumber prices and Delta variant lockdowns. With lockdowns seemingly coming to an end, we believe the market is underestimating Big River’s big opportunity.

Also in today’s edition, a look at telecommunications and electricity transmission infrastructure construction and design company GenusPlus Group (ASX: GNP) and real estate investment fund 360 Capital REIT (ASX: TOT).

Click here to read the previous edition of Small Cap Stocks Down Under published 17 September 2021

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