NZX worst performing shares of 2013

[macduffy]

From the NZ Herald.

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11114536

Disc: I hold a couple.

:(

[Alz99]

suprised RAK is not there...

[tosspot]

those are the worst kinds of list. there far to broad a time frame. For example you could have doubled your money just in the last month with OGC and apparently its the 2nd worse stock in new zealand. Right

[gv1]

Haha yeah, I own none of those and made money of OGC over a three day period. Whoops!

Wise man. Some of us are not like you. Not that lucky.

[macduffy]

those are the worst kinds of list. there far to broad a time frame. For example you could have doubled your money just in the last month with OGC and apparently its the 2nd worse stock in new zealand. Right

It's a sort of mirror image of our Stock Picking Contest thread.

I'm not starring in that, either.

:ohmy:

[percy]

We own SKL and PGW."Are well positioned for the upturn.!"

[winner69]

We own SKL and PGW."Are well positioned for the upturn.!"

Yep .....investing in the dogs of one year is often a good ploy (a la Dogs of the Dow)

Sorry couldn't resist calling PGW a dog ha ha

[gv1]

We own SKL and PGW."Are well positioned for the upturn.!"
Owned both but decided to quit skl, anaylsing PGW.

[winner69]

RAK down 35% since the beginning of the year
SHOULD BE LISTED AT NUMBER WORST PERFORMER
opp's todays price 22cps means RAK down 40%

Only included NZX50 ....luck for RAK not included eh

[percy]

Yep .....investing in the dogs of one year is often a good ploy (a la Dogs of the Dow)

Sorry couldn't resist calling PGW a dog ha ha

PGW;When their customers' do well so will PGW.
SKL.Interestingly enough Milford are/have been buying recently.
Both companies are exposed to the rural economy so have faced challenges.Both are well managed,have have greatly reduced their debt,so "are well positioned."

[percy]

I agree SUM should be there.I hold SUM.
I am "well positioned" holding 5 out of the 10 others,ie,AIA,HNZ,EBO,FPH,and RYM.

[nextbigthing]

DIL was trying for one list but decided it couldn't make it and is now going for the other ;)

[percy]

DIL was trying for one list but decided it couldn't make it and is now going for the other ;)

Great post.!!!!! lol.

[bonne vie]

I agree SUM should be there.I hold SUM.
I am "well positioned" holding 5 out of the 10 others,ie,AIA,HNZ,EBO,FPH,and RYM.

Agree also strange SUM not there, I hold SUM. Also happy to hold AIA, HBZ and FPH and having taken good profits from RYM and XRO. Luckily no current in worst 10 but did sell out of PGW at a small loss.

Would be quite a different list if it listed the largest changes between a shares highest and lowest price - DIL sitting at 41.9% ($8.20 - $4.76) - I hold

[gv1]

for the record I dont hold, never have.

Looks like a share that trades on fear, greed and alot of promise (thin air)

Am in the same boat. Never bought any.

[winner69]

Care to share the name of the company that you hold that has gross margins of 40%+?

HLG has a gross margin of about 60%