Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPVCS.L Share News (PVCS)

  • There is currently no data for PVCS

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Sunday share tips: Tesco, Next, Ideagen

Mon, 17th Mar 2014 07:01

Sell shares of Tesco, the Sunday Telegraph's Questor column advised. Britain's biggest retailer's market share is large at 28.7% but it is falling. Tesco has not yet cut prices in its attempts to revive its fortunes. WM Morrison has promised to cut prices and Tesco could follow but, along with planned store refurbishments, price cuts would reduce earnings cover and increase questions about Tesco's dividend. Tesco shares have fallen 15% since Questor said to sell them in early October. With no change in the basic questions facing Tesco, the advice stands.Don't expect big returns if you invest in Next shares, Danny Fortson argued in the Sunday Times. In his Inside the City column, Fortson said Next's market value of £10bn, boosted by share buybacks, looked "a bit toppy". Next succeeds while rivals such as Debenhams flounder because it has good products and services, particularly online. It is also highly profitable with margins of almost 19%. Opening bigger stores gives more room for newer lines such as home and garden. This is all good stuff but the shares are for those "happy with a more modest increase in underlying value".Buy shares of Aim-listed Ideagen and watch them grow, the Mail on Sunday's Midas column said. Hospitals and GP surgeries need to go digital, and individual health trusts are buying their own IT instead of the Government attempting to centralise systems. Ideagen's products let trusts and GPs get to their patients' records easily. The company is expected to unveil two new contracts soon. In the year to April 2013 revenue was £6.5m and profit was £1.9m. Chief Executive David Hornsby aims to supply half England's 200 NHS trusts, creating turnover of up to £50m. Supporters of Ideagen think the shares will triple to £1 over the next few years.Shareholders should stick with shares of small-cap van hire group Northgate, Questor said in the Sunday Telegraph. Since Questor tipped the shares on December 4th they have gained 24% and last week's trading statement showed the business doing well. Northgate's fortunes are strongly linked to the UK and Spanish economies. After a restructuring, the company is targeting the booming London market and the UK van fleet is up 9% on a year ago. Spanish trading has been tough but vehicle falls have stabilised. The shares' forecast price-earnings ratio of 14.9 is about right.Steer well clear of PV Crystalox Solar, Danny Fortson warned in the Sunday Times. Things have got worse since the solar panel maker appeared in Fortson's Inside the City column 18 months ago. PV's problem was a flood of cheapo panels from China that forced other European solar companies to go bust. The European Union has stepped in to deter Chinese dumping of cheap panels but governments are slashing solar subsidies anyway. Fortson questions how long the company can survive. There is an opportunity to profit from the difference between PV's market value and its wind-up value but the company has not communicated clearly enough.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.SF
More News
29 Mar 2010 13:26

Broker tips: BSkyB, PV Crystalox, Antisoma

Broker UBS thinks the share price of pay TV operator British Sky Broadcasting (BSkyB) has been buoyed by hopes of a bid from majority shareholder News Corporation, an event which the broker thinks is unlikely to happen. 'Although it cannot be ruled out, we would question the timing and rationale fo

Read more
29 Mar 2010 13:14

Broker snap: PV Crystalox unjustly overshadowed

Solar panel silicon wafer maker PV Crystalox Solar (PVC) has seen its share price more than halve since May 2009 and Nomura Securities thinks the decline has gone too far. 'We reiterate our Buy rating as we see the stock as undervalued vs its peers given that we see upside from strong markets and a

Read more
25 Mar 2010 07:53

PV Crystalox chops divi

PV Crystalox Solar, which makes the silicon wafers used in solar power systems, saw adjusted earnings more than halve in 2009 as the company was hit by a price squeeze. Total wafer shipment volumes in 2009 were 4% higher than in 2008 at 239 megawatts (mw) but with prices slumping in the second half

Read more
10 Mar 2010 14:25

Sector movers: Melrose lifts engineering sector

Strong results from Melrose help lift the industrial engineering sector higher. Engineering conglomerate Melrose said the acquisition of FKI is working out better than expected for thee, helping it lift headline profits rise by almost two-thirds in 2009. Revenue advanced to £1,298.5m from £895.3m

Read more
15 Jan 2010 16:39

London close: Footsie follows US lower

Footsie finished the week on a low as a poor performance in the US dragged the leading share index down in afternoon trading. US shares fell after consumer confidence rose less than expected in January. Here, Man Group was the heaviest faller after the hedge fund manager suffered a 4% drop in fund

Read more
15 Jan 2010 14:27

London afternoon: Flat Footsie

The blue-chip index is treading water, though there has been some keen interest in the day's big results announcements. Man Group is sharply lower after the hedge fund manager suffered a 4% drop in funds under management during the third quarter, mainly due to the $1.2bn pulled out of its flagship

Read more
12 Jan 2010 06:36

Tuesday tips round-up; Wolseley, BHP Billiton, Centamin

Ireland was not the biggest bet in Wolseley's decade-long multibillion-pound global acquisition spree, but the building-material distributor's exit from the country provides one of the starkest examples of how its ambitions have changed. Only five years ago, Wolseley paid €183m alone for Brooks, on

Read more
11 Jan 2010 07:29

PV Crystalox trading in line

PV Crystalox Solar, the solar panel silicon wafer maker, said trading in the last six weeks of 2009 was in line with management expectations. Wafer shipments for the whole of 2009 were marginally above the guidance of 230-235 megawatts indicated in the November trading update, reflecting the impact

Read more
19 Nov 2009 09:57

PV Crystalox Solar on track

PV Crystalox Solar, the maker of silicon wafers that are used in solar panels, said its full-year performance continues to be in line with expectations.? The group said the photovoltaic (PV) market is benefiting from improving demand driven by incentive programmes in Japan and in particular in Germ

Read more
26 Sep 2009 22:41

The Fundamentalist: PV Crystalox Solar

It's rare for a growth stock to also be a value stock so my eye was caught by PV Crystalox Solar, the maker of silicon wafers that are used in solar panels, which scores close to five out of five on Digital Look's Star Rating system for both Value and Growth. An examination of the company's interim

Read more
21 Aug 2009 11:10

FTSE 250 movers: Wellstream recovers some losses

Shares in Wellstream Holdings have recovered slightly after falling sharply yesterday when the pipeline products maker for the oil and gas industry reported a slide in half-year profits. Silicon wafers supplier PV Crystalox Solar, which said on Wednesday it is confident of a "robust" performance in

Read more
19 Aug 2009 17:14

London close: Late rally leaves Footsie little changed

Share prices of London's leading stocks closed mixed, thanks to a late rally, after the market had spent most of the day in retreat. ENRC was the day's star performer despite reporting a 63% slide in pre-tax profits for the first half of 2009. The dividend has been cut in half but investors were e

Read more
19 Aug 2009 14:14

London afternoon: Lloyds provides some cheer

The bears are back in command today with the blue-chip index in the red, though the size of the decline has been exacerbated by a number of index constituents trading in ex-dividend form. Former Bank of Ireland governor Richard Burrows is to be the new chairman of Lucky Strike maker British Americ

Read more
19 Aug 2009 11:54

London midday: Shares stable at lower levels

Equities are back on the slide again today with little hope of a boost from the other side of the Atlantic where the Dow Jones 30 is expected to open around 80 points lower. ENRC is a bright spot despite reporting a 63% slide in pre-tax profits for the first half of 2009. The dividend has been cut

Read more
19 Aug 2009 11:35

FTSE 250 movers: 'Robust' performance lifts PV Crystalox

Silicon wafers supplier PV Crystalox Solar is higher after saying it is confident of a "robust" performance in the second half despite reporting a 57% slump in earnings for the first six months of 2009. James Fisher is buoyant again after the marine services group yesterday said it has bought MB Fa

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.