Less Ads, More Data, More Tools Register for FREE

Pin to quick picksManagement Resource Solutions Share News (MRS)

  • There is currently no data for MRS

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Wednesday tips round-up: Britvic, Mothercare, BG

Wed, 15th Jul 2009 06:37

The sun shines, ergo, the drinks companies do rather nicely. When the group in question, Britvic, owns the Robinson squash brand and Wimbledon turns out to be more entertaining than usual, you would expect it to release good news to the market. Britvic is likely to have a good time of it over the next 12 months, and the Independent would take a punt on the market catching up at a later date. Buy.Britvic shares are now trading on a September 2009 earnings multiple of 11.5 times, falling to 10.4 times next year. With analysts expected to upgrade their forecasts, the current multiple will fall as consensus forecasts rise. The shares are also yielding 4.4%, which is well worth having. Shares in Britvic remain a buy says the Telegraph.Maternity and babywear group Mothercare is one of the exceptions to the gloom in the retail sector. The company's first-quarter trading update should be strong. In total, the company has seen 15 consecutive quarters of like-for-like growth, a remarkable performance in any business, especially given the current market conditions. A current year earnings multiple of 16 is deserved and falls to 14.7 in 2011 then 13.9 in 2012 on growth estimates. Buy says the Telegraph.If you look at a graph of oil explorer Melrose Resources' performance, it ebbs and flows pretty much in line with the price of the black stuff. An equity to raise £11.2m will speed up the drilling of its Kaliakra appraisal well in Bulgaria and its Egyptian field development. It is its Bulgarian gas projects, however, that are really exciting. The shares might do little beyond the oil price, but the yield is among the best in the sector. Buy says the Independent.Bookies are proving relatively resilient in the recession, which is good news for the betting industry technology company Alphameric. Joe Lewis, the super-rich investor who also has a stake in Ladbrokes, has been increasing his stake - a fact that is worth watching closely. The valuation, at 9.8 times this year's forecast earnings, is undemanding, and the yield, at 5.5%, is good. Buy says the Independent.Forget the nags. Shares in Alphameric, which beams live racing footage into bookies' shops, have proved the better bet this year ? more than doubling since January. The problem is that the next batch of UK media rights do not come up for grabs until late 2011, meaning that Alphameric has limited short-term scope to extend its reach to other racecourses. Meanwhile, bookies are deferring spending on new IT systems ? Alphameric's other business ? amid the consumer downturn. The shares have run far enough for now. Pass says the Times. Yesterday, BG took delivery of its first cargo of liquefied natural gas (LNG) to its newly commissioned Dragon terminal in Milford Haven. Meanwhile, BG last month secured a foothold in US shale gas through a $1.3bn joint venture. Further clarity on BG's progress, together with an update on its Tupi deepwater discovery in Brazil, should come with first-half results on July 29. At £10.03, or 15 times earnings, hold on says the Times.Marine services group James Fisher has not been immune from recession: its coastal tankers (which ship oil from refineries to local depots) have suffered from lower volumes. However, any weakness should be more than offset by growth elsewhere while, after an 18-month hiatus, Fisher is well placed to make bolt-on acquisitions. At 401p, or nine times earnings, buy on weakness says 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.
More News
20 Jun 2019 14:06

Management Resource Appoints Robert Hackett As Non-Executive Director

(Alliance News) - Management Resource Solutions PLC, a civil and earthworks company, said Thursday that it has appointed Robert Hackett as non-executive director.Hackett has extensive a of

Read more
3 Jun 2019 15:08

Leadenhall To Undertake Valuation Of Management Resource's Alerion

LONDON (Alliance News) - Management Resource Solutions PLC on Monday said it has now agreed terms with Leadenhall Services Pty Ltd to undertake an independent report on the company's valuation

Read more
31 May 2019 11:51

Management Resource Solutions Opens Review Into Alerion Deal

LONDON (Alliance News) - Management Resource Solutions PLC said Friday it is commissioning an independent legal review into shareholder concerns over "potential conflicts of interest" in

Read more
15 May 2019 15:50

Management Resource Shareholders Submit Meeting Requisition Statement

LONDON (Alliance News) - Management Resource Solutions PLC said on Wednesday that shareholders which have requisitioned a general meeting on May 20 to propose a board shake-up have published a as

Read more
2 May 2019 15:58

Management Resource Solutions Hires Two Non-Execs, Chair To Leave

LONDON (Alliance News) - Management Resource Solutions PLC said on Thursday Non-Executive Chair John Zorbas is to step down from the board at the end of August.Meanwhile, the maintenance it

Read more
1 May 2019 13:42

Management Resource Completes First Stage Of Debt Refinancing

LONDON (Alliance News) - Management Resources Solutions PLC said on Wednesday it has completed the first stage of its debt refinancing, with the replacement of facilities.The maintenance to

Read more
15 Apr 2019 13:36

Management Resource Shareholders Seek To Oust Chair, Finance Boss

LONDON (Alliance News) - Management Resource Solutions PLC on Monday said it has received a general meeting requisition to oust its board.London listed shares in the mining and civil were a

Read more
3 Apr 2019 09:20

DIRECTOR DEALINGS: Management Resource Solutions Chair Buys Shares

LONDON (Alliance News) - Management Resource Solutions PLC on Wednesday said that Non-Executive Chair John Zorbas acquired 4.5 million shares in the company.Between Monday and Tuesday, 7 at

Read more
28 Mar 2019 14:14

Management Resource Solutions Buys Alerion Consulting (ALLISS)

LONDON (Alliance News) - Management Resource Solutions PLC on Thursday said it acquired unmanned aerial vehicle specialist Alerion Consulting Ltd for GBP1.3 million.Management Resource will

Read more
28 Feb 2019 11:46

Management Resource Solutions Interim Profit Jumps 40%, Trades In Line

LONDON (Alliance News) - Management Resource Solutions PLC on Thursday said it traded in line with expectations in the first half of its financial year, with profit rising 40%.For the six

Read more
17 Jan 2019 12:14

Management Resource Solutions Expects Strong Annual Performance

LONDON (Alliance News) - Mining and civil services company Management Resource Solutions PLC said on Thursday it expects to see a rise in earnings and revenue for its current financial profit for

Read more
7 Dec 2018 12:19

Management Resource Solutions Swings To Annual Profit On Lower Costs

LONDON (Alliance News) - Management Resource Solutions PLC on Friday said it swung to a profit in its most recently ended financial year, thanks to its cost-reduction programme.The support

Read more
29 Nov 2018 13:49

Altona Energy Suspends Activities At Westfield Tenement While In Talks

LONDON (Alliance News) - Altona Energy PLC said Thursday it has temporarily suspended activity at its Westfield Tenement in Australia while in talks to combine its licenced pyrolysis technology to

Read more
21 Nov 2018 14:41

Management Resource To Appoint New Adviser After Northland Leaves

LONDON (Alliance News) - Management Resource Solutions PLC on Wednesday said its nominated adviser, Northland Capital Partners Ltd, has voluntarily agreed to relinquish its status of adviser of SP

Read more
15 Oct 2018 11:55

Management Resource Solutions Forecasts Earnings Growth In Full Year

LONDON (Alliance News) - Management Resource Solutions PLC on Monday said it expects an increase in earnings in its recently ended financial year as a result of lower expenses and higher demand to

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.