GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Sunday tips round-up: SDL, European Goldfields, Cluff Gold

Sun, 21st Mar 2010 11:04

SDL is a real success story. Founded in 1992 by engineer turned entrepreneur Mark Lancaster, the group floated seven years later and is now a FTSE 250 business. In 2009, underlying profits before tax rose 17 per cent to £29m and the group acquired Shell, Ford and LG as clients. Brokers expect SDL to deliver profits of nearly £33million in 2010 and Lancaster also hopes to pay a maiden dividend of 4p. Existing investors should hold on to their shares and new investors should consider buying, says the Daily Mail. European Goldfields is in the last stages of becoming a major gold producer after almost 10 years of work. Development has sometimes been frustratingly slow for the company, but it looks like all of its work is coming to fruition. Although the group is currently loss-making and any investment should be treated as speculative the shares are a buy, says the Telegraph.Cluff Gold shares are up 55% in little over a month since their recommendation after the group received a bid approach. On Friday, the group said it had record gold production in the first two months of the year. The shares are trading on a December 2010 earnings multiple of just 7 times and look undervalued - despite the bid talks. Following Friday's production news, the shares are once again a buy, says the Telegraph.Sabien is a young company so it carries more risk than mature businesses. But it operates in an industry whose products and services are increasingly in demand and it is offering businesses something they need at an affordable price. At 29p, the shares are worth a punt, according to the Daily Mail.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.

Related Shares

More News
2 Nov 2020 17:16

IN BRIEF: RWS And SDL Merger Scheme Gets Court Approval

IN BRIEF: RWS And SDL Merger Scheme Gets Court Approval

2 Nov 2020 11:48

Almost All Conditions For SDL And RWS Combination Now Met Or Waived

Almost All Conditions For SDL And RWS Combination Now Met Or Waived

20 Oct 2020 11:25

RWS Holdings Expects Annual Revenue To Meet Market Expectations

RWS Holdings Expects Annual Revenue To Meet Market Expectations

12 Oct 2020 10:45

UK WINNERS & LOSERS SUMMARY: Eddie Stobart Up 30% On Swing To Profit

UK WINNERS & LOSERS SUMMARY: Eddie Stobart Up 30% On Swing To Profit

12 Oct 2020 10:03

RWS And SDL Shareholders Approve Merger Plan As SDL Gets Navy Contract

RWS And SDL Shareholders Approve Merger Plan As SDL Gets Navy Contract

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.