3 Shares The FTSE Should Beat Today

Published in Investing on 11 December 2012

Tullow Oil (LSE: TLW), Domino Printing Sciences (LSE: DNO) and Victrex (LSE: VCT) all fall.

The FTSE 100 (UKX) is holding its head up today, rising just nine points during the session so far to 5,931. The index of top UK stocks is now at a nine-month high, and is just a tad short of its 52-week high of 5,989. Maybe the index will reach that peak this week.

But despite the index doing well, there are always individual shares that are falling. Here are three names that are on the way down and look set to lag the FTSE today:

Tullow Oil

Tullow Oil (LSE: TLW) shares dropped 79p (6.3%) to 1,177p after the oil and gas explorer announced a strategic switch. Tullow is to buy Norwegian explorer Spring Energy for an amount that could be as high as $672 million, based on a core price of $372 million plus conditional bonus payments of up to $300 million. Tullow will also dispose of its assets within the UK and Dutch North Sea areas, as it shifts towards oil at the expense of gas.

Tullow shares have lost around 15% this month, but they have risen 12-fold during the past 10 years.

Domino Printing

Domino Printing Sciences (LSE: DNO) shares fell 46p (7.5%) to 564p after issuing annual results that expressed some caution about the current year and showed pre-tax profits down 6% at £54 million. The firm saw revenues fall by just 1% to £312 million, but underlying earnings per share fell by 7%. Despite the profit falls, the inkjet and laser-printing technologist lifted its dividend by 10% to 20.63p per share, which now supports a 3.7% yield.


Full-year results from high-performance polymer producer Victrex (LSE: VCT) disappointed the market, with the shares falling 62p (3.8%) to 1,574p. Revenues rose by 2% to £220 million, but earnings per share of 85.7p fell a little short of market expectations. The dividend, raised by 15% to 37.4p, did however beat forecasts. The firm also ended the year with cash of £84 million and no debt.

For the years ahead, the firm sees further growth within its Victrex Polymer Solutions business as well as within developing markets for its Invibio Biomaterial Solution business.

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 Mr 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 Oscroft does not own any shares mentioned in this article.

Share & subscribe


The opinions expressed here are those of the individual writers and are not representative of The Motley Fool. If you spot any comments that are unsuitable hit the flag to alert our moderators.


There are no comments yet - why not be the first?

Join the conversation

Please take note - some tags have changed.

Line breaks are converted automatically.

You may use the following tags in your post: [b]bolded text[/b], [i]italicised text[/i]. All other tags will be removed from your post.

If you want to add a link, please ensure you type it as http://www.fool.co.uk as opposed to www.fool.co.uk.

Hello stranger

To add your own comment, please login.

Not yet registered? Register now.