Sunday tips round-up: Pinewood Shepperton, Cadbury, Mouchel

21st Jun 2009 13:58

Film studio Pinewood Shepperton is not just a media company. It is also a property company and some analysts believe its studios and surrounding land alone have an estimated value of about 150p per share. Yet the shares are trading at just 147½p, implying zero value for the film-making business. This seems unjust. As better news filters out over the coming months, the shares should rise. Buy and hold says the Mail on Sunday.Last week, the Government issued its long-awaited Digital Britain report, explaining how it intended to bring super-fast broadband to UK residents. The report admitted that 2.75m homes, covering 11% of the population, can access the internet only at painfully slow speeds and more than a million homes have virtually no access at all. Avanti Communications hopes to help these people, meeting a need that will intensify as the UK switches to digital broadcasting and internet use expands. Brokers believe these shares could be worth nearly 600p in the next couple of years, which makes them an attractive buy even after the recent price hike suggests the Mail on Sunday.Oil producer Venture Production has lots of expertise in developing the difficult assets nearing the end of their life - and the forward curve on gas prices is still pretty healthy, implying price rises ahead. Venture shares offer good value, even without the catalyst of a potential takeover by Centrica. Cautious investors may wish to wait and see what happens with the offer from Centrica but because of the quality of its assets, the Telegraph's stance remains buy.There was bad news from consulting and outsourcing group Mouchel last week after the group warned that it would miss earnings estimates and the shares slid by more than a quarter. After downgrades, the shares are trading on a current year earnings multiple of less than 9 times. Hold and await a recovery in the price before exiting the position, the Telegraph recommends.Confectionery giant Cadbury shares yield 3.2%, which is not spectacular, but well worth having. Nevertheless, with the shares trading on a December 2009 earnings multiple of 15.7 times, falling to 13.1 in 2010, shares in this cash-generative defensive business remain a buy says the Telegraph. 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.