The best stock performers across the ASX All Ordinaries index have been dominated by a health food company, telco, dairy producer, vet clinic and wealth manager [at close of trade Friday 27 December 2013].
Claiming the top spot is almond orchard operator and nut distributor Select Harvests Limited
(ASX:SHV) which has surged more than 270 per cent this year and added another 2 per cent on Friday to end the week at $5.09.
The company’s stock has this year been boosted by higher almond prices, a stronger crop and lower Australian dollar - even attracting takeover speculation amid a series of Mergers and Aquisitions [M&A] in the agribusiness sector.
Scoring the silver medal is mobile telecommunications provider Hutchison Telecommunications Limited
(ASX:HTA) jumping more than 220 per cent followed by takeover target Warrnambool Cheese and Butter Factory Co.
(ASX:WCB) soaring 157 per cent in 2013.
Veterinary services provider Greencross Limited
(ASX:GXL) has had a stellar run on the back of acquisitions and wealth manager BT Investment Management Limited
(ASX:BTT) has been boosted by equity gains, with both stocks climbing more than 140 per cent over the year.
More notable stock performers rising above 100 per cent in 2013 include Mayne Pharma Group Limited
(ASX:MYX), Bega Cheese Limited
(ASX:BGA), Tassal Group Limited
(ASX:TGR) iProperty Group Limited
(ASX:IPP) and Slater & Gordon Limited
(ASX:SGH).
Select Harvests reported a net profit of $2.87 million in the 2013 financial year.
