Sunday tips round-up: Vodafone, IndigoVision, Songbird
27th Sep 2009 19:00
Perhaps most pleasing of all for investors of Vodafone is that it appears to have abandoned its aggressive expansion. Instead it is focused on cost savings and grinding out the cash flow, which makes the dividend payouts look that bit safer. The shares are trading on around 10 times forecast earning
Read moreSunday tips round-up: Balfour Beatty, Booker, PHP
20th Sep 2009 11:46
Balfour Beatty has unveiled a major acquisition, funded through a £353m rights issue. Balfour is offering three shares for seven at 180p each, a 48pc discount to the previous closing share price of 344p. The shares are trading on a December 2009 earnings multiple of 9 times and yielding 3.8pc. The s
Read moreSmall cap round-up: Photo-Me, Cosalt, AEC Education...
18th Sep 2009 07:54
Photo booth group Photo-Me's revenue from continuing operations and underlying pre-tax profit both increased in the quarter from 1 May to 31 July 2009, helped by currency movements. Net debt decreased in the quarter and the group completed the disposal of Imaging Solutions, the loss-making wholes
Read moreSmall caps round-up: Innovation, FDM Group, MCB Finance...
18th Aug 2009 10:57
Property and insurance software group Innovation dropped despite saying that full-year pre-tax profit is expected to be within the range of market forecasts. 'Despite reduced claims volumes, customer retention has been good and the pipeline remains strong. Recently announced wins help underpin rev
Read moreFriday tips round-up: Tomkins, Thomas Cook, Greencore
14th Aug 2009 06:49
Tomkins could yet prove to be a good recovery play. And if the shares drift back down to more realistic levels over the coming weeks we would be more interested. The next couple of quarters will be the crucial ones, but at the moment these shares have gone far enough. Cash in and sell says the Indep
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