Tuesday tips round-up: Rexam, Morgan Sindall, Southern Cross

Just as can maker Rexam has suffered disproportionately on the way down, it will benefit more than its rivals when demand picks up.Further, should Rexam maintain its commitment to an 8p final dividend and raise its payout thereafter, the shares will still yield 5%. At 231½p, or eight times 2010 earnings, take up the rights says the Times. There was some comfort that, only six weeks after reporting tougher trading in its fit-out division, Morgan Sindall is seeing signs of life. Office refurbishment and fit-out is usually one of the last corners of construction to turn down, if only because of the long tail of work provided by new buildings that were begun in better times. At 615½p, seven times forecast earning for 2010, and yielding 6%, hold on says the Times.One of the problems facing Southern Cross, and indeed other care home operators, is that occupancy rates are falling. Sadly for Southern Cross, it is falling faster at the company's homes than elsewhere, while the finance director Richard Midmer concedes that the group is also behind the rest of the market in terms of quality. Even though the group has reduced its debts and made other improvements, avoid says the Independent.With Southern Cross reliant on local authorities for 80% of its custom, against 65% for the sector as a whole, the concern must be that tighter public spending will prevent better growth: either from old people being kept in their own homes longer, or from being referred to Southern only for temporary care. At 140¼p, or 8 times 2010 earnings, the shares are up with events. Pass says the Times.Television editing and internet publishing group Forbidden Technologies is something of a one-way bet. The company is performing well and the revenues are on a charge, which should lead to further share price rises. Moreover, buyers would not want to miss any takeover speculation. Buy says the Independent.The long-term outlook for developing economies is very strong - in fact, it's compelling. However, there may be a better opportunity later this year to buy into this great investment, so for now, the stance on Templeton Emerging Markets Inv Trust is hold and the rating will be reviewed in the next month once the market's direction has become clearer the Telegraph says.The investment case for auctioneer Mallett, based in London and New York is the long-term track record of its impressive yields. The dividend being cut yesterday does not help and the Independent would not buy the shares until it is reinstated. Avoid says the paper.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.