Less Ads, More Data, More Tools Register for FREE

Pin to quick picksLWB.L Share News (LWB)

  • There is currently no data for LWB

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Wednesday tips round-up: Amec, Carillion, Autonomy...

Wed, 02nd Feb 2011 06:47

Exploration and production spending by oil companies is expected to increase significantly in 2011 - with analysts predicting investment could rise by as much as a fifth. This is an opportunity for Amec.Any M&A activity could be a catalyst for the shares to outperform. The shares are trading on a December 2010 earnings multiple of 19.9 times, falling to 17.1 in 2011. Buy says the Telegraph.Carillion's management acted quickly when it was obvious that a slowdown was approaching and reduced its UK activity, especially in construction. The shares are trading on a December 2010 earnings multiple of 9.7 times, falling to 9.2 next year, which is a discount to peers. The yield is an attractive 4%. Buy says the Telegraph.Autonomy should not be a difficult company to understand. It sells sophisticated software that finds patterns in huge stores of data, for example allowing governments to track terrorists and marketing departments to be more efficient. The shares are on less than 20 times' this year's earnings and are a good long-term bet. But don't expect the ride to be an easy one says the Times.Tate & Lyle's past two years of cutting borrowings are past and the emphasis is on organic growth. The shares, up by a third since the end of August and driven in part by wild suggestions of a bid from Cargill, the huge US food combine, sell on more than 12 times' this year's earnings and are probably due some profit-taking, even though some bid potential remains, suggests the Times.If you can see the geotextiles made by Low & Bonar, they aren't doing their job. The company best known for its artificial playing surfaces, about 10% of the business these days, has a quarter of the business tied up in clever plastic meshes with uses in civil engineering such as lining for roads and railways, water containment and coastal defences. Brokers expects Low & Bonar to report pre-tax profits of £18.4m next Tuesday, which would put the shares on 12 times' last year's earnings. One to tuck away for future growth says the Times.Hikma, the Jordanian generic drug manufacturer is a leading player in the MENA - Middle East and North Africa - pharmaceutical market, with manufacturing facilities in both Egypt, where there has been unrest for days, and Jordan, which drew headlines of its own after the King sacked the government in the wake of protests over food prices and poor living conditions. Signs that the situation is getting worse could trigger further profit taking in this stock, which is up more than 50% since the beginning of last year. Sell says the Independent.Carpetright yesterday issued a profits warning on the same day that the Bank of England revealed mortgage approvals had hit a 21-month low. The two factors are related, as many people buy a new carpet when they move house. A hibernating consumer and a stagnant outlook for housing transactions means Carpetright has further to fall. Sell says the Independent.Quite a bit of Morson's business comes from the public sector. That has been hit hard by the Government's Strategic Defence and Security Review (SDSR). More cuts are on the way. Morson is not expensive at just 8.5 times this year's forecast earnings, with a prospective yield of 5%. Take profits says 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.
More News
10 Oct 2019 10:36

Low & Bonar Lenders Waive Covenants As Long As Takeover By FV Proceeds

Low & Bonar Lenders Waive Covenants As Long As Takeover By FV Proceeds

Read more
10 Oct 2019 08:08

UPDATE 1-Low & Bonar cites risk of failing financial agreements if tested

(Adds details on risks, background)Oct 10 (Reuters) - UK-based polymer products maker Low & Bonar on Thursday warned of tough trading conditions in the third quarter and said that it would not be able to comply with its financial agreements if th...

Read more
23 Sep 2019 08:15

Low & Bonar agrees ?107m takeover with Germany's Freudenberg

(Sharecast News) - Low & Bonar shares rocketed on Monday after it agreed to be taken over by German technology group Freudenberg for £107m in cash.

Read more
20 Sep 2019 18:05

Low & Bonar Accepts GBP107 Million Freudenberg Takeover Offer

(Alliance News) - Performance materials firm Low & Bonar PLC said Friday it has agreed to a GBP107.0 million takeover offer by FV Beteiligungs GmbH, a subsidiary of German diversified group of

Read more
30 Jul 2019 10:17

Low & Bonar Shares Plummet As It Axes Interim Payout Amid Weak Results

(Alliance News) - Low & Bonar PLC axed its interim dividend Tuesday after losses deepened amid lower revenue following another "extremely challenging" period for the technical in Low

Read more
25 Jul 2019 11:46

Low & Bonar Completes Sale Of Civil Engineering Division

(Alliance News) - Performance materials firm Low & Bonar PLC has, it said Thursday, sold the Needle-Punched Non-Wovens unit, meaning the disposal of its Civil Engineering division is business

Read more
23 Jul 2019 16:01

UK Earnings, Trading Statements Calendar - Next 7 Days

Wednesday 24 July Tullow OilHalf Year ResultsPaypointQ1 Year ResultsLaw

Read more
10 Jul 2019 12:11

Low & Bonar Appoints Non-Executive At Request Of Major Investor

(Alliance News) - Low & Bonar PLC on Wednesday said it has appointed Giulia Nobili as a non-executive director at the request of its largest investor.Shares in Low & Bonar were down

Read more
25 Jun 2019 13:25

Low & Bonar Prepares For "Small" Interim Profit, Progresses Unit Sales

(Alliance News) - Low & Bonar PLC said on Tuesday it expects to report interim results in line with board expectations, with a "small" profit.The performance materials firm in

Read more
3 Jun 2019 12:16

Low & Bonar Sells Construction Fibres Business For Over EUR6 Million

LONDON (Alliance News) - Low & Bonar PLC on Monday said it has agreed to sold its Construction Fibres business, a part of Civil Engineering division, for a cash consideration of EUR6.4 the to

Read more
20 May 2019 16:52

LONDON MARKET CLOSE: Huawei Blow And Ryanair Woe Puts Pressure On FTSE

LONDON (Alliance News) - London stocks started the new week on the back foot following another knock back for Chinese tech giant Huawei amid an ongoing US-Sino trade saga.Travel stocks also played

Read more
20 May 2019 13:39

Monday broker round-up

(Sharecast News) - Hays: RBC Capital Markets upgrades to outperform with a target price of 175p.

Read more
20 May 2019 10:44

WINNERS & LOSERS SUMMARY: Ryanair Results, Outlook Knock Travel Stocks

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - down 2.7%, easyJet, down The

Read more
20 May 2019 10:43

Low & Bonar tumbles as it warns on profits, announces CEO departure

(Sharecast News) - Low & Bonar was under the cosh on Monday as it warned on profits and announced the departure of its chief executive officer, Philip de Klerk.

Read more
20 May 2019 10:14

Low & Bonar First Half "Materially Behind" Last Year; CEO To Depart

LONDON (Alliance News) - Low & Bonar PLC on Monday announced the upcoming departure of its chief executive and said its performance in the first half of its financial year will be behind"

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.