AIM Stocks Once Again Dominate Top 100 UK Stock Market Performers List

Stockopedia
updated | Author's Website

The absence of a traditional Santa rally on London markets this Christmas sums up the story for beleaguered investors in 2011, particularly during the second half of the year. Twelve months ago analysts were indulging not just in mince pies and Champagne but in speculation that the FTSE 100 would breach 6,000 points by New Year’s Eve. This year, relentless macro pressures have dulled the senses more than the booze – and breaking 5,500 would be an achievement for an index that has spent much of the past five months pinned at that level.

It is unsurprising then that of 2,511 shares listed on LSE markets, only 558 of them are currently trading at higher valuations than they were at the close of 2010. Among that basket, 32 have recorded gains of 100%-plus and the top 10 performers have all enjoyed price rises of more than 200%. At the other end, 1646 stocks lost ground during the course of the year. Of them, 404 lost more than 50% of their value and 26 of those haemorrhaged more than 90%.

As a quick aside, it is worth noting that the top three performers in our list last yearParkmead (LON:PMG), Condor Resources (LON:CNR) and Arian Silver (LON:AGQ) – all achieved their positions after riding a wave of warm investor sentiment and strong market momentum. But could they keep it up? The short answer to that is no. While Parkmead has gone on to start making its promised asset acquisitions, the shares had little chance of sustaining the 32p closing price, despite the presence of ex-Dana Petroleum boss Tom Cross as chairman. It falls from first to 2060, with a 47.1% decline for any investors that were buying the stock on the final day of 2010. Shares in Condor fell by precisely the same percentage, dragging the company down to 1954 on this year’s list. For Arian, whose shares peaked at 53p on the last day of last year, the performance has been worse, with the stock declining by 68.9% through 2011.

For this year’s best performers, bullish sentiment and momentum were replaced by fear and volatility but that didn’t stop top placed Quindell Portfolio (LON:QPP) from driving a 0.5p share price up by 925% during 2011. This time last year, privately held Quindell agreed the terms of a reverse takeover of AIM listed Mission Capital in a deal that was eventually completed in May (shares in Mission were suspended in August 2010 at 0.5p while it continued to search for a reverse takeover candidate). Headed by Rob Terry, who previously founded Innovation (LON:TIG), Quindell works with business customers and investee companies on leveraging their brands to achieve more sales. Terry’s aggressive buy-and-build strategy at TIG has so far been replicated at Quindell, with a series of acquisitions including the recent purchase of Mobile Doctors.

The rest of the top five performers include mining and now oil exploration company Umc Energy (LON:UEP) (up 590%), electronics group Psg Solutions (LON:PGS) (up 456%), property company Redefine International (LON:RDI) (up 408%) and oil shale explorer Tomco Energy (LON:TOM) (up 343%). In the case of Quindell, Redefine and TomCo, the price performance involved dramatic corporate deals. Meanwhile, UMC’s shares soared on the back of the purchase of a company with petroleum prospecting licences in Papua New Guinea. Arguably the most interesting stock is PSG, a hitherto quiet and unassuming AIM listed electronics group whose shares rocketed on news of a major government contract win that could prove transformational for the company.

After TomCo, the best performing oil and gas stock in the Top 100 is Lansdowne Oil amp; Gas (LON:LOGP), which operates in the North Celtic Basin, offshore Ireland. Lansdowne has a 20% stake in the Barryroe oil discovery, where appraisal drilling is currently being carried out by Providence Resources (LON:PVR). It has also completed 3D seismic surveys over other prospects in the basin and is expected to launch a farm-in programme for those early in 2012. Shares in Lansdowne rose by 157% to 35.5p during the year, putting it at 18 in the Top 100 list.

In November we reported that telecoms and technology group Globo (LON:GBO) was the top contender on Stockopedia PRO’s Jim Slater Zulu Investing screen, which seeks out attractively priced growth stocks. AIM listed Globo has consistently grown its net profits, and last year’s figures were up by 54% to £3.8 million. Shares in the company closed 2010 at 10.5p and went on to spike in April this year at 28.5p. Since then the stock has dropped back to around 20p but that still represents a 93% rise, achieving position 38 in the Top 100 list.

Moving on, 2011 was a big year for online dating business Cupid (LON:CUP), whose shares leapt by 69% during the year as an ambitious expansion strategy began to pay off. Originally listed as Easydate in June 2010, Cupid has been keen to build its portfolio at home and abroad. Upgrades to its earnings forecasts in January and May, together with a storming profit improvement and lots of cash have helped to catapult the shares, earning it position 53 in the Top 100 performers.

Finally, last year we reported that the best performing retail stock on the market was Mulberry (LON:MUL) and in 2011 the luxury bag brand has done it again. Revenues increased by 69% to £121.6 million in 2011, with pre-tax profits up 358% to £23.3 million and the company has recently appointed ex-Hermès France MD Bruno Guillon as its new chief executive. After closing 2010 with a share price of 900p, the stock has since risen by 63%, putting it at number 61 in the Top 100.

Among a handful of star performers, the overwhelming trend this year for London listed stocks was negative (you can analyse the technical and fundamental performance of any of these stocks in more detail using Stockopedia PRO). According to analysts, retail shareholdings at the height of the stock market crash in August fell to just £201bn – 15% lower than their end of May close and £46bn lower than their pre-crisis 2007 peak. Amid that turmoil, investors also had to contend with the usual roster of crash and burn stories. On that note, the worst performing stock in 2011 was Leed Petroleum (LON:LDP), whose US oil and gas business fell apart in the early summer. While investors will begin 2012 with a heightened awareness of what macro-induced volatility can do to their portfolios, it would be difficult to claim that the depressed conditions that have dominated the second half of 2011 will settle down any time soon.

Top 100 UK Stock Market Performers in 2011

No.

Company

Ticker

Sector

Price% between 31/12/10 and 21/12/11

1

Quindell Portfolio PLC

LON:QPP

Software amp; Computer Services

925

2

UMC Energy PLC

LON:UEP

Mining

590

3

PSG Solutions PLC

LON:PGS

Support Services

456.4

4

Redefine International PLC

LON:RDI

Real Estate Investment amp; Services

408

5

TomCo Energy PLC

LON:TOM

Oil amp; Gas Producers

342.9

6

Sareum Holdings PLC

LON:SAR

Pharmaceuticals amp; Biotechnology

328.6

7

Rubicon Software Group PLC

LON:RUBI

Software amp; Computer Services

295

8

Zoltav Resources Inc

LON:ZOL

Financial Services

262.5

9

ANGLE PLC

LON:AGL

Support Services

255.3

10

Sierra Rutile Ltd

LON:SRX

Mining

231.7

11

xG Technology Inc

LON:XGT

Technology Hardware amp; Equipment

228.1

12

West African Minerals Corporation

LON:WAFM

Mining

227.9

13

Sperati (C.A.) (Special Agency) PLC

LON:SPR

Personal Goods

196

14

Lombard Risk Management PLC

LON:LRM

Software amp; Computer Services

183.4

15

API Group PLC

LON:API

General Industrials

174.2

16

Foresight VCT PLC

LON:FTV

Equity Investment Instruments

167.1

17

Braime (T F amp; J H) (Holdings) PLC

LON:BMT

Industrial Engineering

164.5

18

Lansdowne Oil amp; Gas PLC

LON:LOGP

Oil amp; Gas Producers

157.3

19

IP Group PLC

LON:IPO

Financial Services

154.1

20

AMATI VCT 2 ORD 5P

LON:AT2

Equity Investment Instruments

153.9

21

32Red PLC

LON:TTR

Travel amp; Leisure

139.4

22

OpSec Security Group PLC

LON:OSG

Support Services

138.2

23

@UK PLC

LON:ATUK

Software amp; Computer Services

135.9

24

MDY Healthcare PLC

LON:MDY

Financial Services

133.3

25

Coastal Energy Company

LON:CEO

Oil amp; Gas Producers

127.4

26

Frenkel Topping Group PLC

LON:FEN

Financial Services

126.9

27

ServicePower Technologies PLC

LON:SVR

Software amp; Computer Services

126.8

28

ValiRx PLC

LON:VAL

Pharmaceuticals amp; Biotechnology

119.1

29

Coral Products PLC

LON:CRU

General Industrials

107.4

30

Quadrise Fuels International PLC

LON:QFI

Oil amp; Gas Producers

105.3

31

Eruma PLC

LON:ERU

Support Services

102.4

32

i-design Group PLC

LON:IDG

Media

102

33

Planet Payment Inc

LON:PPT

Support Services

100

34

Lo-Q PLC

LON:LOQ

Travel amp; Leisure

95.4

35

Mobile Tornado Group PLC

LON:MBT

Mobile Telecommunications

93.8

36

Hamworthy PLC

LON:HMY

Industrial Engineering

93.4

37

Gresham Computing PLC

LON:GHT

Software amp; Computer Services

93.2

38

Globo PLC

LON:GBO

Software amp; Computer Services

92.9

39

Restore PLC

LON:RST

Support Services

92.4

40

Toye amp; Co PLC

LON:TOYE

Personal Goods

91.8

41

Bailey (C H) PLC

LON:BLEY

Industrial Engineering

86.7

42

Surgical Innovations Group PLC

LON:SUN

Health Care Equipment amp; Services

86.3

43

London Security PLC

LON:LSC

Support Services

85.4

44

Pinewood Shepperton PLC

LON:PWS

Media

82.7

45

Belgravium Technologies PLC

LON:BVM

Technology Hardware amp; Equipment

78.6

46

IDOX PLC

LON:IDOX

Software amp; Computer Services

76.8

47

Silanis International Ltd

LON:SNS

Software amp; Computer Services

75

48

Sirius Minerals PLC

LON:SXX

Mining

74.1

49

Sappi Ltd

LON:0M1F

Forestry amp; Paper

73

50

Tasty PLC

LON:TAST

Travel amp; Leisure

72.7

51

Highway Capital PLC

LON:HWC

Financial Services

71.4

52

MCB Finance Group PLC

LON:MCRB

Financial Services

69.6

53

Cupid PLC

LON:CUP

Travel amp; Leisure

69.3

54

Fitbug Holdings PLC

LON:FITB

Leisure Goods

69.2

55

Delcam PLC

LON:DLC

Software amp; Computer Services

68.5

56

Planet Payment Inc

LON:PPTR

Support Services

68

57

Silverdell PLC

LON:SID

Support Services

67.3

58

Kryso Resources PLC

LON:KYS

Mining

66.4

59

Telecom plus PLC

LON:TEP

Fixed Line Telecommunications

64.8

60

Avation PLC

LON:AVAP

Industrial Transportation

63.7

61

Mulberry Group PLC

LON:MUL

General Retailers

63.4

62

Workplace Systems International

LON:WSI

Software amp; Computer Services

63.3

63

Robinson PLC

LON:RBN

General Industrials

61.9

64

Bradford amp; Bingley PLC  6.00% Perp Sub Call Step-up NTS

LON:BBP

 

61.8

65

DDD Group PLC

LON:DDD

Software amp; Computer Services

61.8

66

Argo Real Estate Opportunities Fund

LON:AREO

Equity Investment Instruments

61.1

67

Gemfields PLC

LON:GEM

Mining

59.9

68

MS International PLC

LON:MSI

Industrial Engineering

59.4

69

Rightmove PLC

LON:RMV

Media

59.1

70

Avon Rubber PLC

LON:AVON

Aerospace amp; Defense

57.1

71

Taliesin Property Fund Ltd

LON:TPF

Real Estate Investment amp; Services

55.4

72

Sefton Resources Inc

LON:SER

Oil amp; Gas Producers

55.4

73

Rotala PLC

LON:ROL

Travel amp; Leisure

54.9

74

Anite PLC

LON:AIE

Software amp; Computer Services

54.5

75

Summit Corporation PLC

LON:SUMM

Pharmaceuticals amp; Biotechnology

54.5

76

Real Good Food Company (The) PLC

LON:RGD

Food Producers

54.2

77

Havelock Europa PLC

LON:HVE

Household Goods amp; Home Construction

53.1

78

Filtrona PLC

LON:FLTR

Support Services

52.4

79

THB Group PLC

LON:THB

Nonlife Insurance

52.4

80

Galliford Try PLC

LON:GFRD

Construction amp; Materials

51.6

81

Wessex Exploration PLC

LON:WSX

Oil amp; Gas Producers

51.1

82

Tricorn Group PLC

LON:TCN

Industrial Engineering

50.7

83

PayPoint PLC

LON:PAY

Support Services

50.3

84

NCC Group PLC

LON:NCC

Software amp; Computer Services

50.2

85

Kellan Group PLC

LON:KLN

Support Services

50

86

SimiGon Ltd

LON:SIM

Software amp; Computer Services

50

87

NextGen Group PLC

LON:NGG

Pharmaceuticals amp; Biotechnology

50

88

Bradford amp; Bingley PLC  5.625% Step-up Undated Subord NTS

LON:BBS

 

49.1

89

Namibian Resources PLC

LON:NBR

Mining

48.9

90

Netcall PLC

LON:NET

Software amp; Computer Services

48.9

91

Monitise PLC

LON:MONI

Mobile Telecommunications

48.8

92

Impellam Group PLC

LON:IPEL

Support Services

48.5

93

Endace Ltd

LON:EDA

Software amp; Computer Services

48.2

94

Park Group PLC

LON:PKG

Financial Services

47.3

95

Entertainment One Group

LON:ETO

Media

47.1

96

Power Capital Global Ltd

LON:PCGB

Financial Services

47.1

97

Imagination Technologies Group

LON:IMG

Technology Hardware amp; Equipment

46.1

98

Torotrak PLC

LON:TRK

Automobiles amp; Parts

46

99

Park Plaza Hotels Ltd

LON:PPH

Travel amp; Leisure

46

100

BrainJuicer Group PLC

LON:BJU

Media

45.7

Source: ShareScope and Stockopedia
Based on closing prices between 31/12/2010 and 21/12/2011

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