AJL

AJ LUCAS FPO [AJL]
AJ Lucas Group Limited, together with its subsidiaries, provides drilling services in Australia. The company operates in two segments, Drilling and Oil and Gas Operations. The Drilling segment provides integrated professional drilling services primarily for exploration and degasification of coal mines, including recovery and commercialization of coal seam gas and associated services. The Oil and Gas Operations segment engages in the exploration and development of unconventional and conventional hydrocarbons in the United Kingdom. The company also offers engineering services, such as design of wells, drilling optimisation, and professional steering services, as well as specialised equipment for directional drilling programmes. It serves the energy, mining, and infrastructure sectors. The company was incorporated in 1993 and is headquartered in Brisbane, Australia. AJ Lucas Group Limited is a subsidiary of Kerogen Investments No. 1 (HK) Limited.
Basic Materials · ASX Small Cap
$0.0060 +0.0%

Updated 3 Sep 2026 · Signals refresh every scan

Appeared in 2 consecutive scansFirst seen: 2026-03-02
Get alerts when AJL triggers a new signal
Free watchlist with daily scans for 2,200+ ASX stocks
Track AJL — Free

Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Volume surging at 7.1x normal while price falls — heavy selling pressure
  • Lagging the Small Ords index — relative strength of 0.77, underperforming its peers
  • Cash positive / operating cashflow positive
  • 4C filed 2026-07-31
  • Low P/S ratio (0.1x)
  • Near 52-week low (8% of range)
  • Micro-cap ($5-20M) - high risk
  • CANSLIM S: Tight float (27%)
  • CANSLIM I: Institutional ownership (57%)
  • Healthy profit margins (26%)
  • Sentiment is mixed — no strong consensus either way
  • Altman Z-Score grey zone (2.08, low-confidence approx)
  • Penny stock risk ($0.006)
  • AUD/USD strong (-2pts)
  • RBA hiking (-3pts)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • Below the 200-day average — the long-term trend is still working against it
  • Revenue declining (-12%)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Revenue declining at -12% — the top line is shrinking
  • The bigger volume days are the down days — volume-weighted momentum is negative (-3.55%/day)
Ask Scout AI about AJL
"What's driving AJL today?" "How does AJL compare to peers?" "Key risks for AJL?"
3 free messages/day · Unlimited with Pro

Recent Catalysts

LOW Annual Report 2026
LOW Quarterly Activities/Appendix 4C Cash Flow Report
NONE Appendix 4G
NONE AJ Lucas announces FY2026 full year results
NONE Appendix 4E

Recent ASX Announcements

2026-08-31 Annual Report 2026
2026-08-31 Appendix 4G
2026-08-31 AJ Lucas announces FY2026 full year results
2026-08-31 Appendix 4E PRICE SENSITIVE
2026-07-31 Quarterly Activities/Appendix 4C Cash Flow Report PRICE SENSITIVE

Key Metrics

$8.3M
Market Cap
601K
Avg Volume
7.1x
Vol Ratio
$0.01 — $0.02
52-Week Range
N/A
Short Interest
N/A
Cash Runway
N/A
ROE
25.6%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSneutralEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 27%
LLeader vs LaggardlaggardRS: -17
IInstitutional SponsorshippassInst: 57%
MMarket DirectionneutralNeutral

Sector: Basic Materials

537 tickers in this sector

View all Basic Materials signals →Browse all ASX tickers A–Z →
Related Tickers
DTZ +62.5%RAP +40.0%KAO +35.1%XRA +28.6%SER +25.8%
Compare:AJL vs DTZAJL vs RAPAJL vs KAO
Scout Pro — Deeper Analysis for AJL
Try Pro free for 30 days
Share this analysis

Track AJL and 2,200+ ASX stocks

Get free access to Scout's AI-powered dashboard with daily scans, watchlist alerts, and exit management for every ASX small cap.

Open Dashboard — Free Free Screener
No credit card required