Wednesday share tips: Man Group, Interserve

3rd Apr 2013 07:15

Support services firm Interserve´s share price has had a very good run year-to-date, on the back of a full order book. Particularly worth noting is the fact that it grew at a time when some of its peers were seeing a contraction. As well, there is still room for new wins, as with yesterday´s contract announced with Magnox. No less relevant is the company´s strong cash generation, thanks to better management of its working capital requirements. Then there is the real potential for expansion through acquisitions. Some might be tempted to take profits, "but I suspect the shares have further to run," The Times´s Tempus writes.Shares of fund manager Man Group have re-rated higher, along with the reset of the sector, which tends to do well in rising markets. Nevertheless, they continue to be a case of "catching a falling knife" and still "for gamblers only", Tempus says. To begin with, the new Chief Executive has yet to provide a new strategy. Further, and as Moody´s pointed out on Good Friday, the firm continues to be cautious about the continuing outflow of funds.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.AB