Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGreene King Share News (GNK)

  • There is currently no data for GNK

Sunday tips round-up: Barratt Developments, RSA, Greene King...

Sun, 27th Feb 2011 11:59
There is no doubt that the UK housing market is in trouble. However, an investment in Barratt Developments is not a play on a recovery in the market - it is based on increasing margins.Because the group snapped up land cheaply during the downturn, if prices stay flat then margins will increase. Also, analysts have calculated that the group is trading at an approximate 50% discount to net asset value, which means the shares appear to be discounting Armageddon. The shares are trading on a June 2011 earnings multiple of 41.3, which is high, but this falls to 13.8 in the year to June 2012. Buy says the Telegraph.RSA Insurance is a yield play, with a prospective yield of 6.6%. It is covered 1.5 times by earnings, which is low, but it should still be secure. Buy says the Telegraph.Pub group and brewer Greene King's acquisition of Blackburn-based pub restaurant group Cloverleaf marks a further step in the group's strategy of expanding its food operations. The strategy has helped deliver rising sales, profits and dividends while rivals struggle. With dividends set to total 22p this year, the group is yielding 5% at the current price. Buy says the Mail on Sunday. Retailer Mothercare issued a profit warning earlier this year that sent its shares crashing. The growth prospects for the group are abroad where it already derives half of its sales. Cautious investors should cap their losses now but hold if you are willing to invest for the long term says the Mail on Sunday. Primary Health Properties is an excellent share to own for investors seeking income. The prospective yield in 2011 is 5.5% and the company has long leases on its properties, meaning this income stream should be secure for many years. The company is one of the largest providers of GP surgeries, pharmacies and other medical facilities across the country. It has a relatively low risk model because it builds properties to order, not speculatively. Buy says the Telegraph.Kier's construction and outsourcing business appears to have a very low valuation indeed when the value of its land bank and the group's cash balances are considered, Of course, the risk is what management do with the cash. The shares remain a buy says the Telegraph.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.

Related News

WINNERS & LOSERS: Safestay jumps on possible offer; LPA wins contracts
2 hours ago

WINNERS & LOSERS: Safestay jumps on possible offer; LPA wins contracts

(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Friday.

WINNERS & LOSERS: Jet2 record passengers; Victoria agrees refinancing
2 days ago

WINNERS & LOSERS: Jet2 record passengers; Victoria agrees refinancing

(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Wednesday.

IN BRIEF: Galliford Try wins place on GBP1.5 billion UK framework
2 days ago

IN BRIEF: Galliford Try wins place on GBP1.5 billion UK framework

Galliford Try Holdings PLC - London-based construction company - Gains a four-year place on the YORbuild Major Works 2 regional framework contract, wh...

Greene King News

Pubs and restaurants trade solidly post-lockdown - survey
26 Apr 2021

Pubs and restaurants trade solidly post-lockdown - survey

(Sharecast News) - Britain's pubs and restaurants made a solid start to post-lockdown trading in England after they were allowed to serve customers ou...

Sunday newspaper round-up: Restrictions, Brexit deal, Tax
3 Jan 2021

Sunday newspaper round-up: Restrictions, Brexit deal, Tax

(Sharecast News) - Sir Keir Starmer has urged Boris Johnson to bring in new national Covid restrictions within the next 24 hours. The Labour leader sa...

Greene King to axe 800 jobs, close 79 pubs & restaurants
7 Oct 2020

Greene King to axe 800 jobs, close 79 pubs & restaurants

(Sharecast News) - Pub operator Greene King said it was cutting up to 800 jobs and closing 79 pubs and restaurants, blaming the government's new Covid...

Pubs regulator to probe companies on Covid-19 help for tenants
6 Apr 2020

Pubs regulator to probe companies on Covid-19 help for tenants

(Sharecast News) - The pub industry regulator said it had written to all companies under its jurisdiction asking why they have not waived rent for ten...

EU clears Greene King acquisition
17 Oct 2019

EU clears Greene King acquisition

(Sharecast News) - Greene King said on Thursday that the European Commission has cleared its £2.7bn takeover by Hong Kong's CK Asset Holdings.

Greene King Acquisition By CK Asset Gains European Commission Approval
17 Oct 2019

Greene King Acquisition By CK Asset Gains European Commission Approval

Greene King Acquisition By CK Asset Gains European Commission Approval

CK Asset Holdings shareholders back Greene King takeover
9 Oct 2019

CK Asset Holdings shareholders back Greene King takeover

(Sharecast News) - Shareholders of Hong Kong's CK Asset Holdings have approved its £2.7bn takeover of London-listed pub chain Greene King.

BROKER RATINGS SUMMARY: Morgan Stanley Cuts HSBC; Investec Raises RBS
9 Oct 2019

BROKER RATINGS SUMMARY: Morgan Stanley Cuts HSBC; Investec Raises RBS

BROKER RATINGS SUMMARY: Morgan Stanley Cuts HSBC; Investec Raises RBS