The S&P/ASX 200 (INDEXASX: ^AXJO) (ASX: XJO) entered 2017 with a bang, rising 1.2% to 5,733 points. Its highest point since mid-2015.
These four companies didn’t fare so well however, and here’s why:fe
Hunter Hall International Ltd (ASX: HHL) crashed 27% to $2.25 after founder Peter Hall announced that he had quit the company and sold his interests in the business to Washington H. Soul Pattinson and Co. Ltd (ASX: SOL) at a huge discount. Shares in Hunter Hall Global Value Ltd (ASX: HHV) also fell 5% on the news.
Hunter Hall International shares are down 8.9% in the past 12 months.
1-Page Ltd (ASX: 1PG) fell 5% on continued volatility as investors worry about whether the company will be able to grow sales enough to make progress towards break-even, or if more capital raisings are on the horizon. 1-Page’s CEO also announced her resignation just over a week ago, although she will be remaining with the company as a President and Executive Director of the company to focus on business development and customer management, among other tasks.
1-Page shares are down 95% in the past 12 months.
Gentrack Group Ltd (ASX: GTK) fell 6% on no news, but potentially due to profit-taking given the strong run up in the company’s share price recently. As a small-cap utility management software company, Gentrack has a good track record of growth and pays a reasonable 3.3% dividend even at today’s lofty price of 27 times earnings.
Gentrack shares are up 39% in the past 12 months.
Netcomm Wireless Ltd (ASX: NTC) fell 5%, also on no news, as investor enthusiasm wanes following the retirement of the CEO that was announced in November. After spending much of the year trading around $3 a share, Netcomm shares have drawn closer to reality as investors gain more insight into the company’s prospects.
Down 30% in the past 12 months, Netcomm shares are now the lowest they’ve been all year.
We hear it over and over from investors, "I wish I had bought Altium or Afterpay when they were first recommended by The Motley Fool. I'd be sitting on a gold mine!" And it's true.
And while Altium and Afterpay have had a good run, we think these 5 other stocks are screaming buys. And you can buy them now for less than $5 a share!
*Extreme Opportunities returns as of June 5th 2020
Motley Fool contributor Sean O'Neill has no position in any stocks mentioned. The Motley Fool Australia owns shares of Washington H. Soul Pattinson and Company Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
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