The S&P/ASX 300 (Index: ^AXKO) (ASX: XKO) closed down 0.2% at 5,210.3 points today.
These 4 stocks managed to post strong gains…
Intueri Education Group Ltd (ASX: IQE) share price gained 29.2% to $0.47 as volatility wracks the education provider. In the past few days, Intueri's share price has gone from 60 cents down to 32 cents, back up to 46 cents, back down to 36 cents and then today's rise to 47 cents. It's certainly been a bumpy ride, with shares plunging from $1.40 at the end of October, with ongoing uncertainty in the Australian vocational education training sector.
Dick Smith Holdings Ltd (ASX: DSH) share price gained 18.6% to $0.41 as it too sees its share price jag low one day, only to soar the next. The consumer electronics retailer appears to have deep structural issues – one investors buying in today seem to be disregarding. Fund manager Forager thinks it's possible Dick Smith has made virtually no profit over the past few years, despite what the accounts show.
Collins Foods Ltd (ASX: CKF) share price gained 13.1% to $4.40 as the KFC operator posted strong growth in first-half earnings and upped its dividend by 20% to 6 cents. The company gave no guidance for the full year but says it expects to see existing store sales growth, adding 4-5 new stores and remodelling a further 7 stores, which should see net profit and dividends grow.
Lynas Corporation Limited (ASX: LYC) share price gained 9.1% to $0.12, after hitting 3 cents in July and the company truly looked dead and buried. Somehow the rare earths producer has managed to dig deep (figuratively speaking) and produce positive operating cash flow, despite record low rare earths prices. It's still a high-risk proposition though with huge debts the company may struggle to repay.
