Tuesday tips round-up: Cape, Morgan Sindall, Catlin

7th Aug 2012 07:04

In the Telegraph, the Questor column has to eat humble pie as a former tip, Cape, an energy services company, has halved in value since its last recommendation. A profit warning on an Algerian project has been the main problem but the firm also faces rising costs in Australia. Questor, with his fingers firmly burnt, says hold.Morgan Sindall, the construction firm behind the regeneration of Salford, gets some kind(ish) words in the Times with Tempus impressed at rising pre-tax profits in the first half. Trading at 8.8 times earnings with a yield of 6.2% the group gets a cautious buy recommendation but "only for the long-term prospects".Tempus also gives a thumbs up to insurance firm Catlin. After a very tough year in 2011, when it had to contend with Thai floods and the Japanese tsunami, 2012 has been much kinder with very few big payouts. Underwriting has hit a record of $443m and the stock yields 6%. Tempus says 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.BS