LONDON -- The FTSE 100
Another positive indicator comes from the large number of individual shares soaring to new highs, while there are far fewer plumbing new depths. But some are falling. Here are three from the various FTSE indices being crushed this month.
Victoria Oil & Gas
The company's gas business in Cameroon has disappointed the markets, and only last week it downgraded its year-end gas production estimates from 5 mmscf/d from 8 mmscf/d. But forecasts suggest a return to profit next year, with a relatively healthy 2014 to follow.
JKX Oil & Gas
March's preliminary results showed falling production, profits and cash, with May's interim update then telling us that production in the first quarter was down nearly 18%. Since then, a half-time report released on Aug. 14 showed profits falling a little, but very possibly bottoming out -- but analysts are still expecting things to be pretty flat for the next year or two.
Industrial safety specialist Latchways
Current City forecasts suggest a dividend of 3.7% this year and 4.1% next, but the shares are still in a relatively high forward price-to-earnings ratio of around 13.
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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.