1. 1300 Smiles (ASX: ONT)
Recent share price weakness after poor half yearly results continued last week, presenting savvy buyers with an opportunity. A read through the annual report indicates that the poor second half 2013 profit figures appear more so when compared with an artificially elevated first half of 2013. The stock was down almost a dollar since its results were released last week. More information can be found in this month's "Top stock picks" or by reading 1300 Smiles' half yearly report.
2.The iron miners
The Aussie dollar is back up around 91 cents, which, combined with a still declining iron price looks set to drop the value of all ASX-listed iron miners, including BC Iron (ASX: BCI), Atlas Iron (ASX: AGO), BHP Billiton (ASX: BHP) and Rio Tinto (ASX: RIO). It's important to remember that all four of those miners listed are still making a profit even if the iron price drops to $80/tonne, however such a decline is going to be reflected very badly in their share price. BC Iron alone is down almost 15% on two weeks ago and all iron miners look to have further to fall.
Looking more widely at the share market in general, there could be a few bargains popping up if the recent Aussie dollar spike, the fall in iron earnings or the troubles in Ukraine cause the market to decline temporarily.
3. Telecom Corporation of New Zealand (ASX: TEL)
NZ Telecom is launching a new standalone business called Qrious, which will be a large-scale data analysis company. I am convinced that big data analytics, (or 'data science', as NZ Telecom calls it) will be the way of the future, allowing companies to scientifically analyse population demographics to best target products, innovation, and investment. Australia's own Woolworths (ASX: WOW) owns a similar company, Quantium, which I expect will also revolutionise the way Woolworths does business.
