Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



3 Shares That Lost to the FTSE Today

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

LONDON -- The FTSE 100 (INDEX: ^FTSE  ) turned downward again today, dropping 0.56% to 5,787. There's really not much macroeconomic news around except that Mark Carney, head of the Bank of Canada and a former Goldman Sachs employee, will become governor of the Bank of England.

But some share prices are falling, and they might produce buying opportunities for those who do their own research and dig a bit deeper. Here are three that dropped today.

A profit warning from language software specialist SDL sent the shares into a slump, dropping 14.2% to 438.5 pence. The firm warned of a profit shortfall against current expectations of between 3 million pounds and 4 million pounds, saying: "Management forecasts for the year are now considered to be too optimistic against market expectations."

After similar recent falls, the SDL price is now down around 35% over the past few months, with pre-update forecasts already putting the shares on a P/E of 14, with a low dividend yield of 1.2% expected.

Centamin (LSE: CEY.L  )
Egypt-based Centamin, which was threatened with the loss of its mining permit for its Sukari mine last month and saw its share price crash as a result, announced the next step in its appeal process today -- and saw 6.3% knocked off the share price to 60.6 pence.

Centamin suspended gold exports while the appeal process was underway, but due to the requirement for working capital, it's preparing to resume exports to keep the needed cash flowing.

Quintain (LSE: QED.L  )
Quintain Estates & Development saw its shares fall 3.2% to 52 pence today after the property investor released first-half results. The firm has revalued its assets and reported a fall in net asset value per share, coupled with a pre-tax loss for the six months to September.

Basic NAV per share fell from 116 pence to 106 pence, while a 3.7 million pound pre-tax profit for the first half last year turned into a loss of 29.1 million pounds.

Finally, how does Britain's ace investor Neil Woodford avoid share price falls? He goes for a strategy of buying solid blue-chip shares paying dependable long-term dividends. And in doing so, he's built a record of beating the FTSE for nine straight years. If you want to see how Woodford manages to beat the market, the free Motley Fool report "8 Shares Held By Britain's Super Investor" takes a look at some of his key holdings. To get your copy, click here while it's still available.

Alan does not own any shares mentioned in this article. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.

Read/Post Comments (0) | Recommend This Article (3)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2126986, ~/Articles/ArticleHandler.aspx, 10/24/2016 9:57:41 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 41 minutes ago Sponsored by:
DOW 18,223.03 77.32 0.43%
S&P 500 2,151.33 10.17 0.47%
NASD 5,309.83 52.43 1.00%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/24/2016 11:35 AM
^FTSE $6986.40 Down +0.00 +0.00%
FTSE 100 CAPS Rating: No stars