Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPAP.L Share News (PAP)

  • There is currently no data for PAP

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Wednesday tips round-up: Prudential, Drax, Britvic

Wed, 19th May 2010 06:45

If you can't afford the rights - or are unwilling to stump up the cash - the Telegraph thinks it is best to sell all of your Prudential holding alongside your rights, rather than be diluted out of the dividend and earnings to this extent. Sell up and walk away. Hopefully investors who do this will not have to crystalise significant losses, unless the shares were bought near the peak in 2000. If you can afford to take up your rights then you should do so. Mr Thiam's Asian adventure has a lot of risk associated with it - but if he manages to pull it off, growth should be impressive the paper suggests.Drax argues its argues that the share price is held to ransom by the "dark green spread", which is related to power prices. There may be investors that think it's a bargain, and it is certainly true that the shares are inexpensive at their current value. The group is also doing interesting work with biomass power. This will take some time to come online, however, and for now avoid says the Independent.Shareholders in Britvic will be hoping that its latest purchase will prove better than its last. But the share price reaction to the €237m takeover of France's Fruité suggests that investors are willing to give Britvic the benefit of the doubt. At 458¾p, or 13 times earnings, Britvic's shares trade at a discount to its sector and provide a 4.1% dividend yield ? not dear given forecast earnings growth of more than 20% this year. Hold says the Times.SSL, which also owns the Scholl footcare brand, reported headline sales up 25% to £803m. However, when currency movements and acquisitions were stripped out, underlying sales advanced by less than 2%. SSL is virtually debt-free but at 818½p, down 6½p, the shares trade at 21 times current-year earnings and offer a negligible 1.3% dividend yield. Pass says the Times.The Independent says question is whether SSL's premium is justified and says given the uncertain economic picture, and increasingly volatile market backdrop, it is. SSL's products are unlikely to go out of fashion anytime soon. Buy.Schools software group RM is operating in an excellent global market and the shares look undervalued, but uncertainty over education budgets will limit gains. Still, supported by the 3.6% yield, buy says the Telegraph.Range Resource's assets in Somalia could be highly lucrative and shareholders would have a day to remember if the project holds as much oil as the company hopes. The market is yet to price in the project. Buy says the Independent.Bookmaker Paddy Power continues to benefit from its heavy investment in "specials" but it is its aggressive online strategy in international markets that will drive its growth and dilute any negative impact from the threat of an online betting tax in its home market. At €26, or 13 times earnings, buy 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
6 Oct 2015 05:53

PRESS: Betfair Investors Set To Offload Shares - Daily Telegraph (ALLISS)

Read more
1 Oct 2015 16:31

Glencore director backs company to the tune of nearly half a million pounds

(ShareCast News) - Glencore nearly bounced to pre-slump levels on Thursday, and director John Mack showed investors he's still backing the mining company. Shares in the FTSE 100-listed company dropped dramatically on Monday after Investec warned the stock holds little value for shareholders. But Jo

Read more
8 Sep 2015 10:06

TOP NEWS SUMMARY: Insurance M&A Continues As Mitsui Sumitomo Buys Amlin

Read more
8 Sep 2015 09:13

Betfair and Paddy Power agree on merger

(ShareCast News) - Betting companies Paddy Power and Betfair have reached an agreement on a £5bn all-share merger. The merged entity will be called Paddy Power Betfair and Paddy Power shareholders will own 52% of the group, while Betfair shareholders will own the rest, if both sets of shareholders a

Read more
8 Sep 2015 07:19

LONDON BRIEFING: Amlin Agrees To Be Bought By Mitsui Sumitomo Insurance

Read more
8 Sep 2015 06:58

Paddy Power And Betfair Agree Terms On All-Share Merger (ALLISS)

Read more
1 Sep 2015 14:30

Broker tips: Paddy Power, ASOS, Ocado

(ShareCast News) - HSBC upgraded Paddy Power to 'hold' from 'reduce' and lifted its price target to €96.5 from €71.5 following strong first-half results and the company's deal with Betfair. The bank said operating profit was 9% ahead of its estimate, driven by the online operations in Europe and Aus

Read more
1 Sep 2015 13:09

HSBC lifts Paddy Power to 'hold' on strong interims

(ShareCast News) - HSBC upgraded Paddy Power to 'hold' from 'reduce' and lifted its price target to €96.5 from €71.5 following strong first-half results and the company's deal with Betfair. The bank said operating profit was 9% ahead of its estimate, driven by the online operations in Europe and Au

Read more
27 Aug 2015 12:14

IN THE KNOW: Deutsche Says Paddy Power Is Best In Class

Read more
27 Aug 2015 11:58

Exane BNP bumps Betfair up to 'neutral' on merger news

(ShareCast News) - Exane BNP Paribas upgraded Betfair to 'neutral' from 'underperform' following the announcement on Wednesday that it has agreed in principle to the terms of a merger with Paddy Power. Exane said the new discounted cash flow-based valuation for Paddy Power points to €95 a share. Bas

Read more
26 Aug 2015 16:05

LONDON MARKET CLOSE: FTSE 100 Ends Below 6,000 Despite US Rebound

Read more
26 Aug 2015 11:01

LONDON MARKET MIDDAY: US Stocks Called To Rebound From Tuesday's Drop

Read more
26 Aug 2015 10:19

TOP NEWS SUMMARY: Paddy Power And Betfair In High-Stakes Merger

Read more
26 Aug 2015 09:51

WINNERS & LOSERS SUMMARY: Betfair And Paddy Power Surge On Merger

Read more
26 Aug 2015 08:48

BUZZ-British online betting co's: Dealt a bad hand on Betfair-Paddy Power deal

** Possible Betfair-Paddy Power 5 bln stg merger a bad bet for rivals ** Merger could create one of the world's largest online betting and gaming groups with estimated revenue of over 1.1 bln stg ** William Hill and Ladbrokes both down more than 5 pct; worst performers on the FTSE 250

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.