Tuesday tips round-up: Greene King, SThree, RPC...

1st Feb 2011 06:47

Investors raised a glass to Greene King yesterday after the pub and brewing company delivered bullish trading, boosted by tasty food sales. The operator of the Old English Inns also reinforced its focus on pub food by acquiring Cloverleaf Restaurants for £55.8m. Overall, Greene King has proved itself in terms of its balance sheet and profit growth to have a model for all seasons. Buy says the Independent.RPC, the plastic packaging, reported higher third quarter results thanks to growth in the personal care and coffee capsule sectors. Revenues were boosted by the improved volumes and higher prices as rising polymer costs were passed on to customers. A rating of below nine times on brokers' estimates for 2013 appears far too harsh. Wade in now before the market wakes up to the gap. Buy says the Independent.Recruiter SThree has been looking to specialise in highly paid niche markets - banking, engineering and oil - a strategy that has started to reap dividends. The shares trade at 20 times forecast earnings for 2011, compared with Robert Walters at 16 times. But, having had a strong run in the past few months, the market may have been looking for upgrades to justify its premium says the FT. MBL may feel that in the business of supplying large retailers, independent stores and export customers with DVDs, CDs and video games, the landscape is shifting under its feet. This is a market in structural decline, and MBL released an update yesterday that was not for the faint- hearted. Despite a valuation of 2.14 times estimated earnings in the year to March, investors should stay away. Sells says the Independent.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.