Newspaper and magazine share tips
Round up: The latest share tips from national newspapers and investment magazines
Each day we round up share tips from national newspapers and investing magazines. For the Mail on Sunday's stock picks, read the Midas column.
To stay ahead, you can also sign up for This is Money's exclusive share tips.
FRIDAY
The Daily Telegraph
IG Group confirmed that full-year trading revenues would rise 7% to £320m, bang in line with analyst forecasts. UK Sales growth slumped in April because of the bank holidays, but European revenue jumped 21% to £58m and sales in Singapore added 39%. Revenue from IG Group's troubled Japanese business slid 14% to £21m in the year to May. The prospective yield in the current year has risen to 4.9%, an attractive proposition for investors. Shares are up 73% since their initial tip in May 2009, compared with a FTSE 100 up 31%. Buy.
Car dealership Lookers has confirmed that the consortium buying the company made an offer at 80p a share. The bid process is still at a preliminary stage and there is no guarantee the offer price will be raised, so investors need to be cautious before buying shares in the hope of a quick return. Lookers is a quality business with excellent growth potential and a strong balance sheet. The shares are trading on a December 2010 multiple of 10.7. They were first recommended at 50p in June 2010 and are up 46% compared with a 14% rise in the FTSE 100. Hold.
Want exclusive share tips? Find out about our Midas Extra service
The Times
Yesterday was not a good day for any retailer to put out news. Shares in JD Sports Fashion took a thumping, ending down 40.5p to 938.25p. Like-for-like sales were down 2.8% in the four months since January, but this is likely to be due to the bank holidays and last year's sales boost from the World Cup. JD's margins are under pressure from rising commodity prices and from the VAT hike, which in today's trading environment the company will try to absorb. This is a more robust business than others on the high street, but even with the shares on less than nine times this year's earnings, these remain a hold.
Shares in MS International, the leading distributor of natural stone in North America, soared by 62.5p to 277.5p yesterday after full year pre-tax profits doubled to £6.68m. The board said that this was a significant step in restoring its record of delivering a year-on-year improvement in trading performance. This is one to watch. Hold.
The Independent
When Halford put out its full-year numbers yesterday it revealed that recent trading had been boosted by people hurrying off to camp during Easter. Pre-tax profits rose 7.2% to £125.6m for the year to the end of March. In the nine weeks to the beginning of June, leisure sales rose 11.1%, with Easter providing a 1.5% bump. The shares trade on a rating of 10.4 times estimated full-year numbers. That looks cheap, but with an uncertain outlook for the retail sector, we would counsel caution. Hold.
Yesterday's update from the maker of Imperial Leather soap and Carex handwash was reassuring in that, overall, PZ Cussons said performance for the year to the end of May had been in line with management's hopes. The news from Nigeria was good, with business improving during May following the elections, while Asia as a whole continued to perform well. The UK and Europe proved uninspiring. That said, it trades on more than 20 times forward earnings. Hold.
Most watched Money videos
- The new Volkswagen Passat - a long range PHEV that's only available as an estate
- Mini celebrates the release of brand new all-electric car Mini Aceman
- How to invest for income and growth: SAINTS' James Dow
- BMW meets Swarovski and releases BMW i7 Crystal Headlights Iconic Glow
- Mail Online takes a tour of Gatwick's modern EV charging station
- 2025 Aston Martin DBX707: More luxury but comes with a higher price
- BMW's Vision Neue Klasse X unveils its sports activity vehicle future
- MailOnline asks Lexie Limitless 5 quick fire EV road trip questions
- '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
- Land Rover unveil newest all-electric Range Rover SUV
- Leapmotor is the next new Chinese car brand coming to...
- My neighbour has started keeping bees. Is there anything...
- The age you can access work and private pensions will...
- Czech billionaire Daniel Kretinsky ups bid for Royal Mail...
- Golden Virginia owner Imperial Brands bolstered by higher...
- Compass Group ups guidance thanks to major sporting events
- Experian shares rise sharply as credit data giant lifts...
- Trading blows over Israel: How global commerce is being...
- Anglo to sell coking coal arm for £4.75bn in bid to...
- BUSINESS LIVE: Burberry hit by luxury slowdown; Imperial...
- Tech firm Raspberry Pi confirms plans to IPO in London
- Tui Group losses narrow thanks to record second quarter
- Burberry profits plummet amid luxury slowdown and China...
- America's latest inflation figures are a gift for Andrew...
- MARKET REPORT: Bumper blue chips send Footsie to another...
- The £60bn foreign takeover frenzy: Royal Mail just the...
- British tech firm Raspberry Pi eyes £500m London float in...
- David Cameron's mother-in-Law quits luxury furniture firm...