Wednesday 2 May
The Times
Sulzer’s failed approach may yet prove positive for metal treater and serve to focus investors’ minds. The prospective price earnings ratio of 16 is full but not by any means overcooked. Sulzer may yet come back, too. Buy.
Not everybody loves the Mirror, but the company remains one of the cheapest around media, trading at about 13 times earnings. With advertising recovering, and the possibility of better than expected disposal proceeds, shares are well worth accumulating. Buy.
Home services company Connaught’s runaway success is built on the need to renovate the country’s 5.5m or so council houses. has a market share of only 3% and a secondary business involved in checking safety standards in commercial buildings adds support. Buy.
Daily Telegraph
There are still US litigation risks, which prompted to abandon its takeover plans, but online gamer looks less risky than some rivals. On forecasts of $44m profits for 2007, the multiple is 19 times and there is a of 2.6%. The multiple comes rattling down for 2008 if 888 delivers. That’s a big if, but for those already holding the stock, hang on. Hold.
Other stories:
Small cap share tips: SovGem and Choices
Daily Mail share tips: Noble and Dana
Sunday newspaper share tips
Midas share tips: New dogs, old tricks
Get-rich slow - the wealth secret
Investors shun equity Isas
Top managers pull in savers
Top defensive stock picks
This entry was posted
on Saturday, May 19th, 2007 at 9:00 am and is filed under Stocks.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
TUESDAY
The Times
The disclosure of accounting irregularities at McAlpine’s Welsh slate business was matched by the unease that it had such a business at all. The company was believed to have modernised, concentrating on construction and support services, but the fallout of the fraud discovery has led to the company missing profit forecasts. There is growth potential there, but at 19.4 times 2007 earnings, McAlpine is still sitting at the same rating as rivals that have not slipped up.
Avoid
Lok’n Store
The company is the minnow of the self-storage sector, but should not be ignored. Its shares are valued at about 80 per square foot, around half of those of rival and a third the value of . That discount looks unjust given a strong site opening programme and its potential for takeover.
Buy
The Independent
Labrokes has pulled out of the bidding for 888, but that’s not necessarily bad news for shareholders. The company was quicker to react to the US crackdown on online gambling than its rivals and it has expanded into areas outside of poker, such as bingo. week’s results are set to provide evidence of growth. Although it is a risk, 888 is in a better risk than most.
Buy
The Daily Telegraph
Whilst the Indie believes 888 could benefit from the collapse of the Ladbrokes deal, the Telegraph says the benefit is with Ladbrokes. Organic growth may be difficult to come by, but the company is growing abroad and will soon be able to tempt punters with TV advertising. It could also be a bid target.
Buy
SHARES ADVICE TOOLS
>> Share and fund tips
>> Investing advice
>> Shares chat
>> Sharedealing service
>> Power portfolio
This entry was posted
on Wednesday, May 16th, 2007 at 7:20 pm and is filed under Stocks.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.