the scoreboard - winning and losing stocks for 2008

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The Scoreboard - Winning and Losing Stocks for 2008

As the year draws to a close, let's take a look at The Scoreboard - the winners and losers for 2008.

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By Toni Case | 18.12.2008

The biggest dog in 2008 went to none other than beleaguered investment bank Babcock & Brown - its shares tanking by 99.4% to the year ending 17 December 2008. Anyone with $10,000 parked with the investment house in December last year, has less than the cost of a tank of petrol to show for it (around 60 bucks).

The best performing stock in 2008 goes to little known CI Resources that owns a phosphate rock mine on Christmas Island. Those with the vision to pump money into CI Resources last year can splurge this Christmas – as a $10,000 investment with the junior miner last year is now worth the pretty sum of $45,000.

k pickers in medical device stock Analytica also more than doubled their money this year, as did shareholders in comparison site InfoChoice and coal seam gas exploration company Pure Energy Resources.

If we restrict our analysis the top 200 stocks where the chunk of the market invests, well known players emerge on the list. Top performers include energy stocks like Linc Energy (up 170%), Origin Energy (up 78%), New Hope Corporation (up 38%), New Zealand Oil and Gas (up 14%) and Santos (up 3%). Interestingly, 6 stocks posted negative returns but still managed to score a guernsey on the top 20 list. These stocks include the likes of AWB, Oil Search, Metcash, ResMed, Felix Resources and Washington H. Soul Pattinson.

Stock shockers on the Aussie bourse in 2008 were numerous. A $10,000 investment in Mooter Media, Sam’s Seafood Holdings and City Pacific back in December last year is worth just $91, $140 and $180 today. Other dogs on the ASX include Mariner Financial, Admiralty Resources, Omnitech Holdings as well as a host of real estate stocks pummelled by the property market fallout, including the likes of Centro Properties Group. Sectors worst hit include real estate, diversified financials and materials.

Out of the top 200 companies, two Macquarie Group plays – the Macquarie Office Trust and Communications Infrastructure Group - lost investors over 80% of their money, while real estate stocks Goodman Group (down 90%) and Mirvac Group (down 81%) were also clear underperformers. Previous market darling Worley Parsons, James Packer’s Challenger Financial Services, Macarthur Coal and Gunns Limited also sunk under the weight of market selling.

Top 20 stocks for 2008 from the S&P/ASX 200

Code	Name	Industry Group	Share Price Change 1yr
LNC	Linc Energy Ltd	Energy	169.74%
ATM	Aneka Tambang (Persero) Tbk (Pt)	Materials	101.61%
ORG	Origin Energy Limited	Energy	78.42%
NHC	New Hope Corporation Limited	Energy	37.71%
SST	Steamships Trading Company Limited	Capital Goods	28.21%
AGK	AGL Energy Limited	Utilities	15.08%
NZO	New Zealand Oil & Gas Limited	Energy	13.92%
ILU	Iluka Resources Limited	Materials	11.96%
OMH	OM Holdings Limited	Materials	9.29%
NVT	Navitas Limited	Consumer Services	6.76%
AGP	Anglo Pacific Group Plc	Materials	5.16%
STO	Santos Limited	Energy	2.82%
ANN	Ansell Limited	Health Care Equipment & Services	1.86%
CNA	Coal & Allied Industries Limited	Energy	0.66%
AWB	AWB Limited	Food & Staples Retailing	-0.35%
OSH	Oil Search Limited	Energy	-2.27%
MTS	Metcash Limited	Food & Staples Retailing	-2.34%
RMD	ResMed Inc.	Health Care Equipment & Services	-2.43%
FLX	Felix Resources Limited	Energy	-3.65%
SOL	Washington H. Soul Pattinson and Co. Ltd	Diversified Financials	-4.10%

Bottom 20 stocks for 2008 from the S&P/ASX 200

Code	Name	Industry Group	Share Price Change 1yr
MRE	Minara Resources Limited	Materials	-91.34%
GMG	Goodman Group	Real Estate	-90.34%
ALZ	Australand Property Group	Real Estate	-86.84%
MOF	Macquarie Office Trust	Real Estate	-86.09%
MCG	Macquarie Communications Infrastructure Group	Media	-84.98%
TSE	Transfield Services Limited	Commercial & Professional Services	-83.51%
AIO	Asciano Group	Transportation	-82.16%
TPI	Transpacific Industries Group Limited	Commercial & Professional Services	-81.48%
MGR	Mirvac Group	Real Estate	-80.66%
ROC	Roc Oil Company Limited	Energy	-79.15%
RIV	Riversdale Mining Limited	Energy	-78.12%
AWC	Alumina Limited	Materials	-76.73%
AQP	Aquarius Platinum Limited	Materials	-76.17%
CGF	Challenger Financial Services Group Limited	Diversified Financials	-75.44%
GPT	GPT Group	Real Estate	-73.89%
WOR	WorleyParsons Limited	Energy	-73.21%
EQN	Equinox Minerals Limited	Materials	-72.04%
MCC	Macarthur Coal Limited	Materials	-71.70%
RIO	Rio Tinto Limited	Materials	-71.44%
GNS	Gunns Limited	Materials	-71.04%

Top 20 stocks for 2008

Code	Name	Industry Group	Share Price Change 1yr
CII	CI Resources Limited	Diversified Financials	344.44%
ALT	Analytica Limited	Health Care Equipment & Services	226.67%
ICH	Infochoice Limited	Media	223.33%
PES	Pure Energy Resources Limited	Energy	218.75%
BND	Bandanna Energy Limited	Energy	171.08%
LNC	Linc Energy Ltd	Energy	169.74%
AEA	Altera Resources Limited	Materials	140.71%
MAK	Minemakers Limited	Materials	137.78%
ENI	Empowernet International Limited	Consumer Services	135.28%
ICN	Icon Energy Limited	Energy	109.68%
ATM	Aneka Tambang (Persero) Tbk (Pt)	Materials	101.61%
TYS	Teys Limited	Real Estate	90.48%
MDX	Mindax Limited	Materials	87.50%
HRS	Hudson Resources Limited	Materials	80.77%
NTC	NetComm Limited	Technology Hardware & Equipment	80.56%
ORG	Origin Energy Limited	Energy	78.42%
CRM	Carbon Minerals Limited	Energy	72.22%
ISK	Island Sky Australia Limited	Consumer Durables & Apparel	71.43%
IEQ	International Equities Corporation Limited	Real Estate	55.56%
ACG	AtCor Medical Holdings Limited	Health Care Equipment & Services	55.56%

Bottom 20 stocks for 2008

Code	Name	Industry Group	Share Price Change 1yr
BNB	Babcock & Brown Limited	Diversified Financials	-99.40%
MMZ	Mooter Media Limited	Software & Services	-99.09%
SCV	SCV Group Limited	Real Estate	-98.92%
RRT	Record Realty	Real Estate	-98.83%
RAT	Rubicon America Trust	Real Estate	-98.75%
SSS	Sam's Seafood Holdings Limited	Food & Staples Retailing	-98.60%
RJT	Rubicon Japanese Trust	Real Estate	-98.51%
ARR	Arasor International Limited	Technology Hardware & Equipment	-98.51%
LSL	Luminus Systems Limited	Diversified Financials	-98.50%
CNP	Centro Properties Group	Real Estate	-98.47%
MFI	Mariner Financial Limited	Diversified Financials	-98.27%
CIY	City Pacific Limited	Diversified Financials	-98.20%
BBP	Babcock & Brown Power	Utilities	-97.96%
ZMG	Zingmobile Group Limited	Software & Services	-97.93%
BEC	Becton Property Group Limited	Real Estate	-97.80%
ADY	Admiralty Resources NL	Materials	-97.63%
OHL	Omnitech Holdings Limited	Technology Hardware & Equipment	-97.53%
VPG	Valad Property Group	Real Estate	-97.50%
SPP	Southern Pacific Petroleum NL	Energy	-97.50%
ALB	Albidon Limited	Materials	-97.42%

Source: Lincoln Stock Doctor as at 17 December 2008

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