Sunday tips round-up: Cape, Alumasc, Cranswick

25th Oct 2009 11:48

The share price of mining, chemical and energy services group Cape continues to recover, after the market priced the group for total failure earlier this year. The Telegraph's Questor expects to hear news of more contract wins in the coming months, especially in the Middle East. Buy.Alumasc shares are trading at 1021/ 2p. The dividend in 2009 was 10p and it is expected to remain at that level next year, putting the stock on an inviting ten per cent yield. The group holds its annual meeting on Thursday and trading is thought to be holding up under difficult circumstances. This business is not finding life easy, but it is coping admirably and should deliver solid growth over the coming years. Buy, says the Daily Mail.Cranswick was doing nicely until early last year, when it suffered from a sudden rise in raw material and energy costs. The shares were badly hit when the company admitted profits would be affected. However, conditions have improved since and the outlook is good. Investors should not despair. This company is making progress and the share price should rise. Hold, says the Daily Mail.Dechra's shares are trading on a June 2010 earnings multiple of 14.9 times, which is a premium to the pharmaceuticals sector. However, the Telegraph's Questor feels this is warranted because growth over the next few years is likely to be strong.The increase in earnings per share is likely to be slower this year than the 20pc-plus seen in the last two years - analysts are pencilling in growth of 11pc. However, from 2011 it is expected to accelerate once more. The shares are trading on a June 2011 earnings multiple of 12.8, falling to 10.9 the next year. Buy.The Vietnam Opportunity Fund, which is managed by country specialist VinaCapital, is one of the easiest ways for UK investors to play growth in the Asian nation. The Telegraph's Questor is bullish on the prospects for Vietnam because of its high literacy levels, young demographics and low wage costs. Buy.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.