The Motley Fool

These were the worst performing shares on the ASX 200 last week

Last week the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) bounced back from a selloff on Tuesday to finish the week with a weekly gain of 0.4%.

Four shares that failed to follow the market higher last week are listed below. Here’s why they were the worst performers on the ASX 200:

The oOh!Media Ltd (ASX: OML) share price was the worst performer on the ASX 200 last week with a decline of 15%. The media company’s shares came under pressure following the release of its full year results. For the 12 months ended December 31, oOh!Media posted a 27% increase in revenue to $482.6 million. However, due largely to one-off acquisition costs, net profit after tax fell 4% to $31.6 million. While this was in line with expectations, its weak guidance for FY 2019 disappointed the market.

The G8 Education Ltd (ASX: GEM) share price was not far behind with a decline of 14%. The market appears to have been disappointed with the childcare centre operator’s full year results which were released last week. In FY 2018 G8 Education posted a 12.7% decline in underlying EBIT and a 1.9 percentage point drop in its occupancy rate to 74% on a like for like basis. Due to excess supply, the childcare centre market remains challenging.

The Mineral Resources Limited (ASX: MIN) share price dropped 11% lower last week. The mining and mining services company’s shares have been on a downward trend since the release of its half year results a week earlier. In the first half of FY 2019 the company posted an 80% decline in EBITDA to $72 million. Part of this decline came from Mineral Resources recognising a $30 million unrealised accounting loss on its investment in lithium miner Pilbara Minerals Limited (ASX: PLS).

The NEXTDC Ltd (ASX: NXT) share price had a disappointing week and fell 10.5%. The data centre operator’s shares were sold off last week following the release of its half year results on Wednesday. Prior to their release the company’s shares had rallied almost 20% since the start of the year. I suspect that some investors had been expecting the company to upgrade its full year guidance, so hit the sell button when management held firm with it.

NEW! Top 3 Dividend Bets for 2019

With interest rates likely to stay at rock bottom for months (or YEARS) to come, income-minded investors have nowhere to turn... except dividend shares. That’s why The Motley Fool’s top analysts have just prepared a brand-new report, laying out their top 3 dividend bets for 2019.

Hint: These are 3 shares you’ve probably never come across before.

They’re not the banks. Not Woolies or Wesfarmers or any of the “usual suspects.”

We think these 3 shares offer solid growth prospects over the next 12 months. The first two currently offer fat, fully franked yields. The last is a surprising REIT offering you the benefits of being a landlord with none of the hassle! You’ll discover all three names and codes in "The Motley Fool’s Top 3 Dividend Shares for 2019."

Even better, your copy is free when you click the link below. Fair warning: This report is brand new and may not be available forever. Click the link below to be among the first investors to get access to this timely, important new research!

The names of these top 3 dividend bets are all included. But you will have to hurry. Depending on demand – and how quickly the share prices of these companies move – we may be forced to remove this report.

Click here to claim your free copy right now!

Motley Fool contributor James Mickleboro owns shares of NEXTDC Limited. The Motley Fool Australia has recommended oOh!Media Ltd. 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.

NEW. Five Cheap and Good Stocks to Buy in 2019…

Our Motley Fool experts have just released a brand new FREE report, detailing 5 dirt cheap shares that you can buy today.

One stock is an Australian internet darling with a rock solid reputation and an exciting new business line that promises years (or even decades) of growth… while trading at an ultra-low price…

Another is a diversified conglomerate trading near a 52-week low all while offering a 2.8% fully franked yield…

Plus 3 more cheap bets that could position you to profit over the next 12 months!

See for yourself now. Simply click the link below to scoop up your FREE copy and discover all 5 shares. But you will want to hurry – this free report is available for a brief time only.