Yesterday, the logistics group Stobart issued full-year figures, with pre-tax profits falling short of market hopes. But the share price rose as the focus turned to the confident outlook statement. Moreover, the stock is down more than 20% since the recent February peak. That, unsurprisingly, has hit the valuation. At under 14 times forward earnings, it is time to buy, says the Independent.Vectura may have fallen back following the release of its full-year results, but that did not mean the drug maker's figures were not impressive. The performance of the group, which specialises in inhaled treatments, beat expectations, and although it is still making a loss after tax, the amount has been significantly reduced. Buy, says the Independent.Shares in Mitie have underperformed consistently after their strong showing last year. The market's main concern has been that the outsourcing specialist will lose out in the scramble for public sector work as government spending cuts begin to bite. That concern was addressed in yesterday's preliminary announcement. The shares yield a little more than 4% and trade on less than ten times this year's earnings, which sounds about right. Hold, says the Times.The Independent says Mitie trades on a pretty thin rating of on 8.8 forward earnings. That, coupled with the 4.9% dividend yield, would be enough to make it wade in. The strong performance evidenced by yesterday's results only serves to seal the case, says the paper, which has a buy recommendation on the shares.One of the purest plays on African growth is Lonrho. The company has raised £19.5m by fresh shares equivalent to just under 10% of its share capital. The money will be used to expand and develop Lonrho's agribusiness division. The company has been approached by various supermarkets to increase its production of wild-caught hake and other seafood off South Africa, Mozambique and Namibia and vegetables across Southern Africa. Interesting, if speculative, says the Times.A note from Royal Bank of Scotland says that BHP Billiton and Rio Tinto, two of the biggest miners on the planet, have traditionally traded on the same multiple. Over the past six months BHP has pulled away and Rio is now selling on a 16% discount to its rival. That gap should narrow in the natural course of things, and there seems no reason why BHP shares should fall, says the Times.RGPlease 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.