Sunday tips round-up: Redhall, Portmeirion...

19th Dec 2010 11:38

Support services specialist Redhall focuses on three areas - defence, energy and food processing. In defence, it is a key player in the Astute submarine project, the Royal Navy's ultrasophisticated new fleet.Redhall is a solid, well-run company and it is poised to grow as the economy becomes stronger. Revenues are £145m and management hopes to double this over the next five years organically and through acquisitions. If they achieve this ambition, the shares should increase in value. Buy says the Mail on Sunday.China maker Portmeirion's sales are well up compared with last year and even though appetite for chinaware has been slightly subdued in Britain, enthusiasm for Portmeirion products is strong in America, Canada, South Korea and Italy among others. The company, which also owns Spode and Royal Worcester, is doing plenty of things right. Its Christmas tree-patterned china is selling incredibly well in the US and next year the group is bringing 250 new products to market, including a Royal Worcester range to commemorate the wedding of Prince William and Kate Middleton.Portmeirion shares have rewarded investors and now may be a good time for them to sell about a third of their holdings and give themselves a Christmas bonus. But do not sell out completely as Portmeirion should continue to do well, the Mail on Sunday suggests.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.