The FTSE 100 The index has a 12-month good, adding more than 1,110 points from 5 October 2020. This is a profit of about one-fifth (+ 18.7%). However, not all of Futsy’s 101 members (a stock dual-listed) enjoyed this boom. Indeed, several stocks have performed less than the index in a total of 12 months. Therefore, I buzzed the FTSE 100’s bargain bin to find some cheap shares to buy.
Winners and losers of FTSE 100
Since 5 October 2020, the world has changed significantly. At the time, we were fighting covid-1 infections in the hope of news of a vaccine. Then came the news of an effective vaccine against coronavirus, ‘Vaccine Monday’ (November-November 2020). It ignited a fire under UK shares, which pushed up prices until August 2021. However, with the arrival of autumn the share price has declined. As I write, the FTSE 100 stands at 7,065.07 points, down 2.2% from its 52-week high.
In the last 12 months, 82 of the 101 stocks on the FTSE 100 have risen in value. The range from this gain Only 0.9% from 264.6%. The average increase among all 82 winners was about two-fifths (+ 39.2%). This is more than double the gain of the larger index of 18.7%, as it excludes the losers. At the other end of the scale are the biggest losers in the FTSE 100 in 12 months. These 19 stocks lost 2.0% and above 37.7% of their value, the average loss is about seventh (-14.6%).
Futsy suffered five major losses
At the bottom of my table are the five biggest losers in the 12 months of the FTSE 100, in 97th to 101th place. Here they are:
|Institution||Sector||12 months loss|
|Intertech Group||Product testing||-25.5%|
|Reckitt Benckiser Group||Consumer goods||-26.3%|
|Polymetal International||Precious metal||-26.9%|
|Okado Group||Online grocer||-37.7%|
As you can see, the losses in these five FTSE 100 flops range from more than a quarter (-25.5%) to about two-fifths (-37.7%). The average loss is more than three-tenths of all five victims (-30.8%). The ‘best’ is defeated Intertech Group, A British assurance, inspection, product testing, and certification company. Intertech’s stock has zigzagged up and down since October 2017, but has basically gone nowhere in the last four years.
The biggest loser among my FTSE 100 lagguards is the online supermarket Okado Group. This go-go growth stock has seen the fall of its most valuable stock over the past year. On January 2, 2021, Ocado shares traded at 2,854p, I wrote, “I will not buy these FTSE 100 shares today. For me, Okado seems to be waiting for the bubble to burst. “ Today, this FTSE 100 stock is close to 1,670.5p, down about 1,185p. This is a huge dip of about three-seventy (-41.5%) in just eight months. Ouch.
Notice that there are two precious metal mines on my list: Mexican silver mines Fresnilo And Polymetal, An Anglo-Russian mine of gold, silver and copper. Both stocks have crashed in the last 12 months. The future of silver and gold prices is terribly difficult to predict. Still, I think the value of these two bombed FTSE 100 mines may be hidden.
Finally, I got a stock that I don’t have but will gladly buy today: Reckitt Benckiser Group, A leading provider of fast moving consumer goods. A year ago, this FTSE 100 stock reached 7,774p, vs. 5,574p today. I can see that this £ 22 price fall has been as an overdone and so I will buy this great British business today. However, I could be wrong and the racket could be a price trap, because it’s been the last five years!
Cliffordcy has no position in any of the shares mentioned. Motley Fool UK recommends Fresnillo, Intertek, Ocado Group, and Reckitt. The opinions expressed in the companies mentioned in this article may differ from those of the authors and therefore the official recommendations we make on our subscription services, such as Share Advisor, Hidden Winners and Pro. Here at The Motley Flower, we believe that considering a variety of insights makes us a better investor.