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Thursday's tips round-up: Fresnillo, JD Sports, JP Morgan Indian Investment Trust

Thu, 15th Apr 2010 06:43

Fresnillo is well managed, boasts a world-class asset base and its ambitious growth plans seem well within its reach. The gearing of silver prices to economic recovery ? about half of consumption is accounted for by industrial applications ? is also persuasive, says the TimesBut it adds that, at 870p, ahead 24p, or 25 times current-year earnings ? up 30 per cent in the space of two months ? and the forecast dividend yield negligible, there should be better times to buy.There were a few scuff marks on the trainers yesterday, notably a weak performance from Scotts fashion, though JD Sports has vowed to address this. But this is a small blot on an otherwise spotless copybook, as JD continues to show its fashion and footwear rivals a clean pair of heels. Last year the Independent said buy at 594p; this year it says the same again.JP Morgan Indian Investment Trust is a good long-term play on the emergence of India as a global economic power and the stance remains buy, says the Telegraph.Trading on a full-year multiple of 10.6 times ATH Resources shares still lag the sector average of 14.3 times. Yesterday's share price dip is a real opportunity to buy.At £18.97, up 102p, or 16 times earnings, buy Homeserve on weakness, says the Times.At less than 10 times forecast 2010 earnings (yielding 2.6 per cent) International Personal Finance is relatively risky but inexpensive. The Independent says it is not entirely comfortable with IPL, but the shares should still reward holders even at today's much higher level.Alterian has £11 million of cash, and, at 180½p ? back to its level before the warning in January ? trades at 13 times earnings. Hold on, writes the Times.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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4 Aug 2009 11:30

Small caps round-up: Devro, Cashbox, Sportech...

Devro more than doubled first half pre-tax profit to £11m from £5m a year ago and the sausage skin maker expects the improving performance to continue through the second half. Profit before exceptional items for the six months ended 30 June 2009 rose 17% to £9.2m on sales up 27% to £105m. The inter

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