samedi 1 mai 2010

Who's tipping what


Advanced Medical Solutions



The Times

This wound-care specialist has good prospects. Its key product, I.iquiBand (a sort of medical superglue), now dominates the US market; it is cash secure and plans to start paying dividends. Buy. 42p.


ATH Resources


The Independent Stronger coal prices boosted shares in this UK miner by 60%. The recent dip - sparked by missed production targets - is a real buying opportunity. The dividend is still a healthy 7.7%, with no hint of a cut. Buy. 77p.


JD Sports Fashion

The Independent Buoyant demand for own- brand labels such as McKenzic and Cabrini, and exclusive Nike and Adidas products, is giving this retailer plenty of momentum. Profits have surged, yet it still looks cheap. Buy. 715p.


JP Morgan Indian IT

The Daily Telegraph This fund invests in major Indian companies focused on finance, technology, energy and industry: shares are up 91% in the last year. A good long-term play on India's emergence as a global economic power. Buy. 427.5p.


Psion
The Sunday Times Unlike rival Palm, Psion survived the smartphone revolution by reinventing itself as a "rugged" handset-maker - a niche but solid market. It now has £45m in the bank. Shares have fallen this year, "undeservedly". Buy. 83.5p.


William Sinclair


The Independent The Government has paid William Sinclair (known to gardeners for brands J. Arthur Bower's and New Horizon) £9m to cease environmentally unfriendly peat harvesting. Sales in its non-peat compost are soaring. Buy. 112.5p.






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and some to sell




Aer Lingus

Shorts
Irish airline Aer Lingus's share price has risen 20% since November on the back of a restructuring plan. But the recovery story is now discounted. This week's Might cancellations haven't helped. Sell. €0.76


JJB Sports


Shares
Rumour has it that this beleaguered sports retailer is cutting orders. Brokers forecast ongoing losses and ill health has forced exec- utive chairman Sir David Jones to take a back seat. Sell. 22.5p.


Ladbrokes


The Daily Telegraph The Grand National result is the least of Ladbrokes's problems. Panmure Gordon reckons shares have priced in too sharp a turnaround in its retail and e-gaming operations. A lot rides on the arrival of a new CEO. Sell. 161 p.
Marks & Spencer
The Daily Telegraph Credit Suisse is gloomy about MocS. Sales figures look to have improved but are unlikely to result in material changes to profit. The staff bonus pot is high and store modernisations mean bigger operating costs. Sell. 378p.


Morgan Crucible

The Daily Telegraph This defence and aerospace supplier has performed superbly. Results indicate its main markets have stabilised, and there may be further gains. But shares are unlikely to match their recent performance. Sell. 218.6p.


QinetiQ

Investors Chronicle Defence company QinetiQ's fundamental problems seem intractable. There is conflict with unions, and the threat of prohibitively expensive redundancy pay-offs is still unresolved. Sell. 136p.

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