Sunday newspaper share tips
We round up the weekend share tips, looking at oil firm Enquest, Ecofin Water, Bloomsbury, Reckitt Benckiser…
Who's buying what: The newspaper tips digested.
Midas: Financial Mail on Sunday
At Enquest, chief executive Amjad Bseisu spent £28.1m buying just over 20m shares this month, while chief operating officer Nigel Hares spent £4.6m on 3.25m. Bseisu bought at 139p and Hares at 142p, both acquiring stock just after Enquest unveiled strong 2010 results.
Bseisu's massive purchase of shares should be interpreted as an indication of confidence in Enquest's future. Buy
Sunday Telegraph
Bloomsbury, the publisher famous for the Harry Potter series of books, last week said it had bought the back catalogue of the National Archives publishing programme. It has also entered into an agreement to co-publish a range of forthcoming titles.
The archives have an extensive back catalogue of historical documents and photographs. These relate to events such as the Titanic disaster and the Magna Carta, and Bloomsbury will publish new print books, e-books and iPad apps using material from the archive.
Bloomsbury shares were recommended because of its new strategy to 'generate value from within' - especially across digital platforms.
The shares were first recommended in The Sunday Telegraph on November 28 last year at 116p and they are up 13% at 131p, compared with a FTSE 100 rise of 6%. Buy.
Shares in Cillit Bang and Nurofen maker Reckitt Benckiser plunged recently following the surprise departure of group chief executive Bart Becht, who decided to resign. However, first-quarter numbers have caused the shares to recover some losses.
Reckitt recently bought Durex and Scholl brand owner SSL International and the company said the integration of this is on track, with £11m of cost benefits in the quarter. Shares are a buy at 3290p.
Most watched Money videos
- The new Volkswagen Passat - a long range PHEV that's only available as an estate
- Mini Cooper SE: The British icon gets an all-electric makeover
- How to invest for income and growth: SAINTS' James Dow
- BMW meets Swarovski and releases BMW i7 Crystal Headlights Iconic Glow
- 2025 Aston Martin DBX707: More luxury but comes with a higher price
- Land Rover unveil newest all-electric Range Rover SUV
- BMW's Vision Neue Klasse X unveils its sports activity vehicle future
- 'Now even better': Nissan Qashqai gets a facelift for 2024 version
- Tesla unveils new Model 3 Performance - it's the fastest ever!
- Mercedes has finally unveiled its new electric G-Class
- Mini celebrates the release of brand new all-electric car Mini Aceman
- MailOnline asks Lexie Limitless 5 quick fire EV road trip questions
- Hundreds of jobs at risk as Anglo slashes funding for...
- Savers rush to open new savings accounts paying up to...
- Axe stamp duty on British shares, says Flutter boss as...
- I don't want smart meters, so Eon is charging me £316 to...
- Experian shares rise sharply as credit data giant lifts...
- Golden Virginia owner Imperial Brands bolstered by higher...
- BUSINESS LIVE: Burberry hit by luxury slowdown; Imperial...
- Tesco boss pockets £10m in biggest ever pay deal at a UK...
- Compass Group ups guidance thanks to major sporting events
- Royal Mail's future hanging in the balance as bid...
- My neighbour has started keeping bees - can I stop him?...
- How refreshing that Anglo has chosen not to grab the...
- Burberry profits plummet amid luxury slowdown and China...
- I believe prenups are so vital every couple should be...
- MARKET REPORT: Vodafone shares rally as investors cheer...
- ANOTHER UK tech star is bought by US private equity: KKR...
- De Beers eyes £4bn London float as Anglo bids to fend off...
- Tech firm Raspberry Pi confirms plans to IPO in London