VEE

VEEM LTD FPO [VEE]
VEEM Ltd engages in designing, manufacturing, and selling of marine propulsion and stabilization systems in Australia. It offers gyrostabilizers; CNC machined monobloc propellers; and forever pipe, a piping solution for the processing industry. The company also provides conquest propellers, shaft lines, and marine ride control fins. In addition, it offers bespoke engineered products and services for marine, defense, and mining industries; and hollow bar products. The company was founded in 1968 and is headquartered in Canning Vale, Australia. VEEM Ltd is a subsidiary of Veem Corporation Pty Ltd.
Industrials · ASX Small Cap
$0.5250 -7.9%

Updated 22 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Drifting lower — down 9.5% over the last 5 days
  • Cash positive / operating cashflow positive
  • Low P/S ratio (1.4x)
  • Revenue in sharp decline (-30%)
  • EPS estimates revised upward (+10pts)
  • Near 52-week low (8% of range)
  • Small-cap ($20-100M)
  • CANSLIM A: Strong annual earnings CAGR (135%)
  • CANSLIM S: Tight float (44%)
  • CANSLIM I: Institutional ownership (27%)
  • Sentiment is mixed — no strong consensus either way
  • This one has been in freefall — down 63% over the past year
  • Earnings are trending the right way — 2 consecutive improvements
  • The bigger volume days are the up days — volume-weighted momentum is positive (0.72%/day)
  • RBA hiking (-3pts)

Risk Signals

  • MACD crossed bearish — momentum is fading
  • Below the 200-day average — the long-term trend is still working against it
  • Deeply negative margins (-30%)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Revenue declining at -30% — the top line is shrinking
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Recent Catalysts

LOW Investor Presentation
MEDIUM Factory Extension and Trading Update
NONE Change in substantial holding

Recent ASX Announcements

2026-06-08 Investor Presentation PRICE SENSITIVE
2026-06-08 Factory Extension and Trading Update PRICE SENSITIVE
2026-06-01 Change in substantial holding

Key Metrics

$83.6M
Market Cap
76K
Avg Volume
1.1x
Vol Ratio
$0.45 — $1.95
52-Week Range
0.2%
Short Interest
N/A
Cash Runway
-35.0%
ROE
-30.0%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningspassCAGR: 135%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 44%
LLeader vs LaggardlaggardRS: -1
IInstitutional SponsorshippassInst: 27%
MMarket DirectionneutralNeutral

Sector: Industrials

85 tickers in this sector

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