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Sunday share tips: Shaftesbury, Sensyne Health, Standard Chartered

Sun, 07th Oct 2018 14:24

(Sharecast News) - Newspaper share tips from the Sunday Times on Shaftesbury, the Mail on Sunday on Sensyne Health and the Sunday Telegraph on Standard Chartered.Shaftesbury, the West End landlord, was tipped as a 'buy' by the Sunday Times' Inside the City column. Last week's news that a consortium is looking at buying retail property group Intu is a sign of deal-making returning to the sector. "Shaftesbury is a more attractive proposition," the column said, having generated consistent growth in net asset value and rental income over many years. Not helped by a recent update, shares in Shaftesbury have dropped almost 15% since the start of the year to below 900p for the first time since early 2017 compared to its most recent NAV per share of 983p.Many high street landlords have been hit by beleaguered retailers looking to cut their lease obligations via a controversial scheme called company voluntary arrangements, but Shaftesbury is thought not to have had a single one. Moreover, the FTSE 250-listed group's Covent Garden location makes it less dependent on UK consumers, with tourist money helping keeping footfall up at its clients' outlets.Shaftesbury shares ended last week at the exact same share price that property billionaire Sammy Tak Lee made an offer to buy a 9.3% stake in 2015. This month he has upped his stake to 26.2% from 25%, not far from the 30% level at which a takeover offer is mandatory. However, Norway's sovereign wealth fund, Norges Bank, is has a sizeable 21% piece of the pie.The tip for Midas in the Mail on Sunday was to "buy" Sensyne Health, a pioneer in clinical artificial intelligence that uses the vast amounts of anonymous data from the NHS to diagnose patterns in cancer, heart disease and lung disease, as well as conditions such as Alzheimer's and diabetes. Sensyne, founded by Powderjet entrepreneur Paul Drayson, acts as a middleman between the NHS and drug developers. Revenues are forecast at just £100,000 this year and are forecast to grow to above £12m by 2021, with losses expected for the next few years.Listed on AIM since August, the company has deals with three NHS trusts and aims to add three more before the end of 2020. Sensyne, which pays trusts in shares and and a share of the payments it gets from drug companies, analyses the data for clues about how diseases arise and develop. It has already made some major breakthroughs, including developing apps used on tablets and smartphones to monitor heart conditions, lung disease and diabetes among pregnant women.Its SEND app analyses patients at risk of cardiac arrest while they are in hospital and has apparently cut heart attacks on the ward by 20%. Another app is used at home by lung disease sufferers as a form of triage. These apps to do not currently generate revenues but are just used to generate more data, though overseas use could generate revenue.Standard Chartered was under the microscope of Questor in the Sunday Telegraph. The business may look "safe as houses" - but "safety doesn't mean growth" and the advice is to "avoid".Please note: Digital Look/Sharecast provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look/Sharecast cannot take any responsibility for information provided by third parties. This is for your general information only and 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.
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11 Mar 2024 07:22

Shaftesbury acquires Covent Garden freeholds for £75.1m

(Sharecast News) - Shaftesbury Capital announced the acquisition of the freehold interests in 25-31 James Street, Covent Garden, for £75.1m before costs on Monday.

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29 Feb 2024 15:24

Director dealings: Wife of Shaftesbury CEO makes share purchase

(Sharecast News) - Shaftesbury Capital revealed on Thursday that Jane Hawksworth, the wife of chief executive Ian Hawksworth, had acquired 88,888 ordinary shares in the FTSE 250-listed property investment and development company.

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29 Feb 2024 08:15

Shaftesbury Capital swings to net profit on strong leasing

(Sharecast News) - West End-focused real estate group Shaftesbury Capital said it saw "excellent" leasing activity across all property with rents rising by a tenth as it swing to a net profit in 2023.

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13 Feb 2024 16:21

London close: Stocks fall as US inflation tops expectations

(Sharecast News) - London markets ended the trading day in negative territory on Tuesday, influenced by concerns over higher inflation figures from the United States and a deceleration in wage growth within the UK.

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13 Feb 2024 16:21

London close: Stocks fall as US inflation tops expectations

(Sharecast News) - London markets ended the trading day in negative territory on Tuesday, influenced by concerns over higher inflation figures from the United States and a deceleration in wage growth within the UK.

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18 Dec 2023 07:25

Shaftesbury Capital slims down board as three non-execs leave

(Sharecast News) - Shaftesbury Capital, the London-focused real estate group formed from the tie-up of Shaftesbury Plc and Capital & Counties, is saying goodbye to three board members as it works to slim down its organisational structure in the wake of March's merger.

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5 Dec 2023 10:28

Shaftesbury Capital agrees new £300m medium-term bank loan

(Sharecast News) - Shaftesbury Capital has entered into a £300m unsecured loan agreement, it announced on Tuesday, with an initial maturity period of three years.

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5 Dec 2023 10:28

Shaftesbury Capital agrees new £300m medium-term bank loan

(Sharecast News) - Shaftesbury Capital has entered into a £300m unsecured loan agreement, it announced on Tuesday, with an initial maturity period of three years.

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27 Nov 2023 16:12

London close: Stocks start week in subdued state

(Sharecast News) - London's financial markets saw a somewhat subdued performance on Monday, as concerns regarding the Chinese economy cast a shadow over investor sentiment.

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27 Nov 2023 08:23

Shaftesbury hails strong start to Christmas trading

(Sharecast News) - West End landlord Shaftesbury Capital hailed a strong start to the Christmas trading period on Monday, with footfall "high" and sales tracking above the prior year.

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14 Aug 2023 07:14

London pre-open: Subdued start expected on quiet day for earnings, data

(Sharecast News) - The UK stock market was set for a subdued start on Monday morning, with investors likely to show caution on a light day for economic data and corporate earnings.

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14 Aug 2023 07:10

Shaftesbury agrees new £200m loan with Aviva Investors

(Sharecast News) - Property investor Shaftesbury Capital announced a significant financial development on Monday, in the form of a new loan agreement with Aviva Investors.

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10 Jul 2023 20:11

HSBC cuts UK real estate, sees outlook as "particularly precarious"

(Alliance News) - HSBC no longer has any 'buy' ratings in the UK real estate sector, and believes that the near-to-medium outlook is "particularly precarious."

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14 Jun 2023 08:55

Shaftesbury Capital upbeat on post-merger portfolio performance

(Sharecast News) - Shaftesbury Capital - the result of the merger between Capital & Counties Properties and Shaftesbury - reported strong demand across all sectors in a trading update on Wednesday, with 173 leasing transactions concluded, surpassing the estimated rental value (ERV) of £11.4m as at 31 December.

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6 Mar 2023 16:25

Shaftesbury Capital formed after Shaftesbury CapCo merger

(Alliance News) - Shaftesbury Capital PLC announced on Monday that the all-share merger of Capital & Counties Properties PLC and Shaftesbury PLC to form Shaftesbury Capital has been completed.

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