MENU

Here are the worst performers on the All Ordinaries over the last 12 months

It certainly has been a bumpy ride for the All Ordinaries (Index: ^AXAO) (ASX: XAO) over the last 12 months.

Because of recent market volatility the index has only managed to carve out a paltry gain of approximately 2% during the period.

While this is a disappointing result, spare a thought for the three worst performers on the index during this time. They are as follows:

The Titan Minerals Ltd (ASX: TTM) share price has lost almost 92% of its value over the last 12 months. This gold and copper mineral exploration company, formerly known as Minera Gold, is looking anything but a titan after its fall from grace. That fall occurred when the company was forced to go through a reconstruction and recapitalisation process following a troubling period that led to it falling into administration. While the company is looking stronger now, I think it is too soon to consider an investment.

The Airxpanders Inc (ASX: AXP) share price has shed over 84% of its value since this time last year. A good portion of this decline has come in recent weeks following the surprise resignation of its CEO Scott Dodson. As well as this, investors appear concerned that the medical device company, which is focused on the design, manufacture, sale and distribution of the AeroForm Tissue Expander System, may never be as profitable as once hoped. The company has been burning through its cash and only generated US$3 million of revenue during the first year of commercialisation. I would stay clear of Airxpanders until there is a notable uptick in its revenue.

The Retail Food Group Limited (ASX: RFG) share price is down a remarkable 83% over the last 12 months. Negative media coverage alleging that the food and beverage company mistreated its franchisees has weighed heavily on its share price and its financial performance. Unfortunately for Retail Food Group, I fear that this has created a vicious cycle that could ultimately lead to it going out of business. After all, I suspect you couldn’t give away its franchises at the moment given the negative media reports. Which is especially troubling given the sizeable number of franchise closures that is expected.

Need a lift after these declines? Then don't miss out on these quick rising shares.

The Disruptors: 3 Revolutionary Aussie Companies to Back for 2018

We're living in one of the most exciting times in investing history. Innovation and a booming culture of entrepreneurship are constantly creating new companies with the potential to make forward-thinking investors very rich. Now more than ever, one small, smart investment could make a huge difference to your wealth.

That's why at The Motley Fool we've been scrutinizing the ASX to uncover the kinds of companies that we believe could turn into the next Cochlear or REA Group.

We've found three exciting companies that we believe re poised to perform in the new year. Click here to uncover these ideas!

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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 Scott Phillips.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.