Home
Investment
News & Views
Company News
news storage
Wednesday tips round-up: Resolution, Ashtead, Miners
Thu, 09 Feb, 2012
INVESTMENT NEWS
Company Search
Search QCK.COM
Investment Home
News & Views
Top Stories
Charting
Company Search
Watchlist
Market Reports
Market Buzz
Company News
Economic News
New Issues
Other News
Wednesday tips round-up: Resolution, Ashtead, Miners
Wed, 18 Aug 2010, 06:02:00
At
Resolution
, what you see is what you get. Clive Cowdery set off on his self-proclaimed mission to consolidate the UK life and asset management sector, swallowed Friends Provident for £1.9 billion last year and is just about to complete the £2.75 billion acquisition of Axa's British life business. For the brave, buy with caution for the expansion prospects, says the Times. Plant-hire group
Ashtead
is one of Questor's 2010 tips of the year. The company has difficult end markets but the shares should outperform significantly when the recovery takes hold. Buy ahead of the first-quarter update on September 7, says the Telegraph's Questor. Isn't mining just the most alluring industry in the investment landscape?
Rio Tinto, BHP Billiton
and
Anglo-American
have large, diverse portfolios, which should limit the risks if any one commodity goes out of favour, says the Independent. Of all the diversifications carried out by the water industry since privatisation two decades ago,
Pennon
's creation of Viridor, a waste management and energy generation from waste business, has been one of the most striking. Yesterday's trading update from Pennon makes it clear that explosive profits growth from Viridor, another 30 per cent last year and accounting for a third of group profits, is about to slow. Pennon's shares are 'a little toppy' according to the Times. A portfolio of debt owed by Western European companies with a face value of €1.4 billion (£1.15 billion) is being sold to
Intermediate Capital Group
, a purveyor of mezzanine capital. For the buyers it looks like a good deal. Intermediate sells on about 8.5 times next year's earnings and yields a chunky 6.3 per cent. But further progress for the battered financial sector could be slow, notes the Times. When the market first got wind of
Vedanta
's potential purchase of a controlling stake in Cairn India last week it did not like it one bit - the group's shares plunged about 20pc. However, the Telegraph's Questor thinks this audacious move is a clever strategic step and advises investors to buy the shares.
Randgold Resources
a standout name in the gold sector. It isn't a cheap stock, trading on a whopping 22 times next year's predicted earnings, but the shares track the gold price which we think will continue to rise. It will grow into its rating, the Independent says. Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.
©2004-2009 QCK.com