Non-exec buys initial stake in Aberdeen
17th Mar 2010 16:02
Aberdeen Asset Management non-executive director Gerhard Fusenig has bought his first shares in the fund manager since he was appointed to the board on 8 October 2009. Fusenig invested nearly £129,000 in 100,000 shares, which cost 128.84p each. Fusenig is Co-Chief Operating Officer of Asset Mana
Read moreTuesday tips round-up; Wolseley, BHP Billiton, Centamin
12th Jan 2010 06:36
Ireland was not the biggest bet in Wolseley's decade-long multibillion-pound global acquisition spree, but the building-material distributor's exit from the country provides one of the starkest examples of how its ambitions have changed. Only five years ago, Wolseley paid €183m alone for Brooks, on
Read moreSunday tips round-up: Antofagasta, Debenhams, Shanks
13th Dec 2009 11:20
Antofagasta's balance sheet remains strong, with cash balances of $2.95bn (£1.8bn) as of September 30 this year. The group's production growth is highlighted in its prospective earnings multiples. The shares are trading on a December 2009 earnings multiple of 22.5, but this falls to 13.3 in 2010 and
Read moreTuesday tips round-up: UK Coal, Centamin Egypt, H&T
27th Oct 2009 06:02
Britain's largest coal miner gave a sombre update yesterday with the news of another death at one of its mines. The fatality at its Kellingley mine has halted production for a week. UK Coal also has more than 40,000 acres of land, where it used to have working mines. Much of the land is agricultural
Read moreWednesday tips round-up: Lloyds Banking, Randgold, Peter Hambro
9th Sep 2009 06:35
Lloyds Banking shares' recent froth has been driven by the company's bold prediction that bad debts have peaked and hopes that it may be able to renegotiate terms of entry into the government's asset guarantee scheme. It may be that Lloyds Banking is the recovery play of the new century. There are
Read moreSmall caps round-up: NetDimensions, Ocean Power, Qonnectis...
14th Jul 2009 12:59
Training software provider NetDimensions traded in lien with expectations in the first half of 2009. Cash balances at the end of June stood at $6.8m, up from $5.3m at the end of 2008. The company said its cash balance is equivalent to 16.5p in cash per share, a few pence above the current share pric
Read moreTuesday tips round-up: Informa, Serco, Premier Foods
30th Jun 2009 06:42
FTSE 250-listed Informa has a solid business, whose publications tend to be in niche, subscription-based titles that do not suffer as badly as its more commercial counterparts in a downturn. Its Academic and Professional & Commercial divisions are still growing, and management has also kept a tigh
Read moreSmall caps round-up: DQE, Mountfield, Ariana Resources ...
29th Jun 2009 08:41
DQ Entertainment and its affiliates are to work on developing an animated TV series based on Lassie, the collie dog character first featured in a film in 1943. DQ's partners include Classic Media, the owner of the Lassie brand, plus DQ Entertainment's affiliate in France and Ireland, M6/France, and
Read more