Wednesday tips round up: Gulf Keystone, Laird, Aggreko,...

14th Mar 2012 06:52

In the Times, Tempus ponders the ups and downs of Gulf Keystone, the oil explorer focused on Kurdish Iraq. It has a significant prospect called Shaikan, which could net half a million barrels per day but the politics are complicated. The Iraqi government put the frighteners on companies, like Exxon, who wanted to operate in both the south and north of the country, this has reduced bid pressure for the firm. But Tempus thinks the amount of oil at Shaikan may still tempt a major player into an offer, while the oil reserves are significant. Buy.Laird a company which makes components for mobile phones, has exited China by selling its division that made handset antennaes. This was an unfortunate necessity says Tempus as it means Laird's exposure to Nokia has reduced. Now able to focus on its core performance materials and wireless systems businesses, and, with profits growing, Tempus thinks Laird will rise. Buy.In the Telegraph Questor still likes the power equipment supplier, Aggreko. It even hired out the power generators for the inauguration of President Obama in 2008. But it has risen sharply on strong profits and now sits at 22.6 times 2012 earnings. Questor thinks it's going to be tough to go further. Hold.Questor thinks the oil and gas services firm Cape certainly deserves a look. It's made a sensible purchase in Hong Kong while group revenues rose 9.4% in 2012, yielding slightly reduced profits. But with an order book 9.7% ahead of the previous year, Questor maintains its rating on the firm: buy.BSPlease 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.