From the final selection of 12 (All Share group), 7 have lost money and 5 have gained. The biggest gain has come from a takeover - something that the screener could not have foretold. Take out this 'star' and the overall gain is only 1.4%.
Like all screeners it is good for ideas, but you can't avoid a bit of detailed research to try and weed out the duds.
Saying that, I will look forward to the next instalment to see if things improve.
