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Thursday tips round-up: Experian, Britvic, Cape

Thu, 21st May 2009 06:07

Experian may sit in the support services sector but its share price - up 80 per cent from last year's low - makes it look more like a bank. At 493p, up 7p, or 12 times current-year earnings, the shares have begun to price in recovery but should advance further as economic signals improve. Buy on weakness, says the Times.Those looking for a solid investment, a strong dividend and the potential for share price growth, look no further than Britvic, the FTSE 250-listed soft drinks company that makes Tango and Robinsons squash, and which has the licence to sell Pepsi in the UK. Perhaps the only fly in the ointment is that the UBS experts have a 12-month price target of just 280p. The Independent thinks they will have to revise that soon, however, and would be at the front of the queue to buy the shares. Buy.Cape says it has significant headroom within its banking covenants and the Telegraph's Questor expects further progress on debt this year. The shares remain a buy, but its shares should be regarded as a speculative buy and not one on which to bet the farm.The conventional wisdom is that parents are never likely to stop spending money on their children, even in a recession. Yesterday's final results from the children's goods retailer Mothercare underlined that argument, even if the company would claim that it is being proactive in ensuring it more than survives the downturn. At its current level, the share price is at an attractive entry point. Buy, says the Independent.The returns on cash on deposit are paltry; the returns on printers of cash are somewhat better. At least, that is true in the case of De La Rue, the FTSE 250 banknote specialist, which, having handed back £460 million to shareholders last year after the sale of its cash systems division, yesterday declared an above-forecast 92 per cent rise in its full-year dividend. At 908½p, or 12 times current-year earnings, and yielding 4.5 per cent, the shares should be locked away by long-term investors. Buy, says the Times.Care UK is a clear beneficiary of healthcare reforms that support increased private provision, as well as gaining from pressure on public finances, which should spur greater outsourcing. However, the outside risk of more contract setbacks instils caution. At 305p, or ten times earnings on Brewin Dolphin's estimates, avoid, says the Times.GW Pharmaceuticals posted its maiden profit as part of its interim results, which also confirmed the news of a few weeks ago that Sativex, its cannabis-based multiple sclerosis treatment, had passed all-important final phase drug trials. Hindsight is a wonderful thing, and of course investors would have been better buying the shares three months ago. However, they are still worth buying, according to the Independent.Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.
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3 Mar 2010 16:52

London close: Resurgent Footsie breaches 5,500 points

A good start on Wall Street helped jolt Footsie out of its sluggish start, helping the leading share index close above 5,500 points for the first time since January. Asia-focused bank Standard Chartered, the only FTSE 100 company to deliver results today, led the way after it defiantly said it will

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3 Mar 2010 13:56

London afternoon: Footsie ambles into positive territory

The blue-chip index moved into positive territory over the lunchtime trading session helped by expectations of a firm start on Wall Street. Asia-focused bank Standard Chartered, the only FTSE 100 company to deliver results today, defiantly said it will pay its executives bonuses after another recor

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3 Mar 2010 11:51

London midday: Market remains mixed

The market's indecision this morning was typified by the insurance sector where the blue-chip index's best and worst performers were to be found. RSA Insurance is the weakest blue-chip after the company said yesterday that it expects to make around £30m in payouts as a result of the Chilean earthqu

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3 Mar 2010 08:54

Care UK rises after Bridgepoint offer

Shares in Care UK surged over 7% after Bridgepoint Capital said it would buy the health and social care provider for £281m or 450p per share. Commenting on the offer Senior Independent Director of Care UK Michael Averill said, "The Proposals represent an opportunity for Care UK Shareholders to rea

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18 Nov 2009 06:36

Wednesday tips round-up: Enterprise Inns, Serco, Wellstream

It has been a fairly depressing year for the pub industry and one of the sector's biggest operators, Enterprise Inns, did little to lift the gloom yesterday. The UK's second-biggest pub operator, which has 7,399 leased and tenanted pubs, said pre-tax profits tumbled by 95% to £11m for the year to

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17 Nov 2009 13:01

Care UK posts 7% rise in full-year profit

Health and social care provider Care UK reported a 7% rise in full-year operating profit and a 13% drop in net debt. Adjusted operating profit, before non-recurring items and amortisation and impairment charges, increased to £38.9m compared with £36.4m last time on revenue, including share of joint

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30 Sep 2009 17:00

London close: Best ever quarterly gain for Footsie

Wall Street fell out of bed at the start of its trading day after the release of disappointing business activity data and London quickly followed the US market downwards. However, a rally in the last half hour ensured that the FTSE 100 enjoyed its best ever quarterly percentage gain since the index

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30 Sep 2009 14:20

London afternoon: Footsie still lacking direction

Footsie has continued its recent sluggish run, with company updates pulling the leading share index in both directions, but remains set for a record quarterly gain. Hedge fund manger Man is the best performer after a bullish trading update. "Investor sentiment is continuing to improve across the in

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30 Sep 2009 12:13

London midday: FTSE 100 on course for record quarter

Footsie still looks on course for a record quarterly gain, but early strong rises have been whittled away ahead of the US open. Hedge fund manger Man is the best performer after a bullish trading update. "Investor sentiment is continuing to improve across the industry, the performance outlook is h

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30 Sep 2009 08:47

London open: Early gains for Footsie

Footsie has shrugged off a sluggish performance in the US overnight and is now pushing ahead again. Hedge fund manger Man is the best performer after a bullish trading update. "Investor sentiment is continuing to improve across the industry, the performance outlook is healthy and the prospects for

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30 Sep 2009 08:12

Bridgepoint confirms Care UK talks

Care UK could be on the end of a management buy-out after private equity firm Bridgepoint confirmed this morning it was in talks. 'Bridgepoint Capital Limited notes the recent press speculation in relation to its interest in Care UK and confirms that it has had preliminary discussions with the Boar

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19 Aug 2009 17:14

London close: Late rally leaves Footsie little changed

Share prices of London's leading stocks closed mixed, thanks to a late rally, after the market had spent most of the day in retreat. ENRC was the day's star performer despite reporting a 63% slide in pre-tax profits for the first half of 2009. The dividend has been cut in half but investors were e

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19 Aug 2009 14:14

London afternoon: Lloyds provides some cheer

The bears are back in command today with the blue-chip index in the red, though the size of the decline has been exacerbated by a number of index constituents trading in ex-dividend form. Former Bank of Ireland governor Richard Burrows is to be the new chairman of Lucky Strike maker British Americ

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19 Aug 2009 11:54

London midday: Shares stable at lower levels

Equities are back on the slide again today with little hope of a boost from the other side of the Atlantic where the Dow Jones 30 is expected to open around 80 points lower. ENRC is a bright spot despite reporting a 63% slide in pre-tax profits for the first half of 2009. The dividend has been cut

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19 Aug 2009 08:52

Public sector squeeze hits Care UK

Health and social care provider Care UK is feeling the pinch of local authorities and primary care trusts adapting to the tough economic climate by tightening criteria for the placement and funding of services. The firm said its Community Care division has not seen the usual increase in activities

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