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Thursday tips round-up: ARM, Senior, 600

Thu, 28th Apr 2011 07:16

Arm Holdings super-smart chips drive almost every smartphone on the market and its reach is now expanding well beyond advanced mobile phones. The stock trades on a huge multiple, which KBC Peel Hunt estimates at 54 times its estimated earnings for 2011. The Independent has Arm as one of its stock picks for the year, and we continue to stand by it even though some analysts believe the growth of the smartphone and tablet industry is priced in. Buy, the paper recommends.With the stock having increased more than 260 per cent over 2009 and 2010, investors in Senior cannot be blamed for feeling a little disappointed that this year has seen the industrial manufacturer fail to push on. Yet if there are no nasty surprises then an upgrade in forecasts is possible, suggesting that its performance so far this year has been little more than a pause ahead of further gains in the long-term. Buy, says the Independent.Lasers and machine tools are among the engineering products made by 600 Group. The company has borne the brunt of the recession, incurring two years of losses before moving into the black for the first six months of the current trading period. Its core markets are beginning to recover, exemplified by its order book up by one third from the period last year. The shares appear worth investigating. Buy, says the Scotsman.Yesterday's first-quarter update from temporary power group Aggreko was solid. The company has a very impressive business model and solid prospects and the Telegraph keeps a buy recommendation, although new investors may wish to see if the shares retrench a little after such a strong run.One analyst called BP's political misread in Russia a "schoolboy error". This appears to be fair comment - Bob Dudley, chief executive, should have played the situation better. This situation has created a cloud of uncertainly over the shares - but if the deal eventually goes through, exploration in the Arctic will offer significant opportunities. The Telegraph still prefers Royal Dutch Shell, because of its clearer growth strategy and higher yield. The rating on BP shares is now hold until the Russian situation is clearer.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.
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25 Feb 2019 16:12

600 Group Successfully Extends 2020 Loan Notes To 2022

LONDON (Alliance News) - 600 Group PLC on Monday said it completed successfully the restructuring of its 2020 loan notes, extending their redemption by 24 months to 2022.The notes, which in

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15 Jan 2019 17:42

DIRECTOR DEALINGS: 600 Group Division MD Sells GBP440,000 Of Stock

LONDON (Alliance News) - 600 Group PLC on Tuesday said a divisional managing director has sold shares worth GBP440,000 as part of a plan to retire.David Grimes, the MD of 600's Global a

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19 Nov 2018 13:16

600 Group Half-Year Profit Declines; Restores Interim Dividend Payment

LONDON (Alliance News) - 600 Group PLC on Monday said its profit shrank considerably in the first half of its financial year due to higher expenses and the profitable disposal of its ProPhotonix a

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19 Nov 2018 09:12

Profits rise at 600 Group as pension deal cuts risks

(Sharecast News) - Machine tools manufacturer 600 Group reported on Monday that its interim profit before tax enjoyed a healthy increase as revenues crept upward and its order book expanded.

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24 Oct 2018 11:36

600 Group Promotes From Within As It Sets Up New Operations Chief Post

LONDON (Alliance News) - 600 Group PLC on Wednesday announced the appointment of a new chief operating officer as well as a new director of development.600 is an industrial products firm on

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20 Jul 2018 10:28

WINNERS & LOSERS SUMMARY: Beazley Sinks As Interim Profit Drops 64%

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - up 1.5%. The Anglo-Dutch consumer goods firm it

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20 Jul 2018 09:55

600 Group Reinstates Final Dividend As Full Year Revenue Jumps

LONDON (Alliance News) - Industrial products maker 600 Group PLC reintroduced its dividend Friday after full year revenue grew significantly and despite profit dipping on absence of exceptional to

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17 Oct 2016 07:38

600 Group buys Spain's Kondia tools business for cut price

(ShareCast News) - 600 Group, a distributor of machine tools and industrial laser systems, has acquired the tools business of Spain's largest manufacturer of milling machines from the administrators for €50,000. 600 Group said the acquisition of Kondia would increase group earnings immediately, with

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29 Sep 2016 11:27

600 Group Continues "Satisfactory" Performance In Tough Conditions

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1 Sep 2016 08:21

600 Group Reports Annual Profit Decline Due To Restructuring Costs

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4 Jul 2016 13:50

The 600 Group sells property, comments on Brexit exposure

(ShareCast News) - The 600 Group has sold a property for £2.0m, and advised shareholders of several factors that it says reduce the risks associated with post-Brexit trading. The group said 60% of its activity was conducted in the USA and these businesses were the main profit drivers. "Furthermore,

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4 Jul 2016 07:01

600 Group Downsizes Base In UK, Says Protected Against Brexit Vote

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30 Mar 2016 08:59

600 Group Buys Remaining 20% Of Laser Marking Firm TYKMA (ALLISS)

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17 Feb 2016 12:19

LONDON MARKET MIDDAY: China's Promise To Support Economy Lifts Miners

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17 Feb 2016 11:03

600 Group slumps as it warns on full year results

(ShareCast News) - 600 Group, the AIM-listed distributor, designer and manufacturer of industrial products, said it expects full year results to be below market views amid ongoing weakness in European markets and tough trading in the US. The company said the difficult market conditions reported i

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