Monday's aren't great, but a selloff in the Flight Centre Travel Group Ltd (ASX: FLT) share price, Vocus Group Ltd (ASX: VOC) share price and Mantra Group Ltd (ASX: MTR) share price could pick you up.
Indeed, each company's share price has been crunched over the past 12 months, potentially providing an opportunity for savvy long-term investors.
Flight Centre share price: Down 30%
Flight Centre shares have been sold off following some profit warnings and downgrades. The majority of analysts continue to remain 'bearish' (negative) on the company, forecasting more downgrades. However, Flight Centre is Australia's leading bricks-and-mortar travel agent, with significant international interests.
Flight Centre also has a large war chest of cash and is well managed. It is also making a move in the online space, to the delight of long-term shareholders. It is forecast to pay a 4.5% fully franked dividend.
Vocus Group share price: down 56%
Vocus is the owner of Dodo, iPrimus, Commander, Slingshot and much more. Having recently acquired Amcom, M2 Group and NextGen, the company is busy digesting the new businesses and integrating its people. Bringing together two companies is never easy and could explain why the market has sold down Vocus shares in recent times.
Also, with the NBN Co rolling out across Australia some analysts believe Vocus has become somewhat of a 'pure retailer' of telecommunications products, which may lower its profitability over time. I believe Vocus investors can expect slower growth in the long-term. However, if the company can extract cost benefits from its recent acquisitions, I think its shares may look cheap five years from now.
Vocus is forecast to pay a dividend of 3.7% fully franked.
Mantra Group share price: down 35%
The Mantra Group share price is down heavily because the market has become increasingly concerned about its growth prospects, especially in light of the rise of Airbnb. However, Australia's second largest hotel and resorts operator could be approaching a good level to buy.
The owner of Mantra, Peppers and BreakFree has a relatively light business model because it does not own and operate every property under its banner. What's more, the franchisee-type model allows it to have greater control over bookings and listings. The company is tipped to pay a 4.6% fully franked dividend.
