Mike Ralston, CEO of Blencowe Resources (BRES) and Manuel Pablo Zúñiga-Pflücker, President and CEO of PetroTal (PTAL) will be presenting and taking live Q&A at focusIR's Investor Webinar on Tuesday 25th February. Please register here.

Less Ads, More Data, More Tools Register for FREE
Sponsored Content
Don't want ads? Click here
Sponsored Content
Don't want ads? Click here

Wednesday tips round-up: Aveva, Punch, ASOS...

Wed, 13th Oct 2010 06:48

Aveva produces software that helps a range of industries design industrial plants and capture and maintain their data. Its systems have been used by big players in the oil and gas markets, the power industry and even ship designers. Analysts point to significant opportunities for the company in the long-term such as the world's 436 nuclear plants, almost half are in the last decade of use, fuelling maintenance spending and new projects. That price looks high, but the stock is worth holding on to as this is a quality business that should grow long-term says the Independent.It is something of a three-legged race at the moment for Aveva, with maritime slowing, oil and gas performing well and nuclear gearing up for a spate of new work. It is the nuclear potential that offers the most upside, with $2 trillion expected to be spent on new power plants around the world by 2030. Morgan Stanley recently picked Aveva as one of Europe's leading technology growth stocks and there is little debate about its continued progress. However, the stock's valuation of 25 times 2011 profit forecasts reflects a lot of that potential and it may be worth holding on for a better entry point says the Times.Yesterday's results statement from pub group Punch had the look of a company desperately scrambling for positives. There are too many poorly performing pubs, too many smaller, drink-dominated outlets, too many economic problems, too much tax. There is too little room for manoeuvre for a business which is struggling and will continue to struggle as the Government's cutbacks bite. Avoid says the Independent.Asos divides opinion. On the one hand, you have the bulls, who buy the business story of strong growth and endorse the shares, despite the hefty multiples they trade on. But another group shudders at the high price. Asos is uniquely positioned in the online fashion market and even if the shares suffer some short-term weakness as investors book gains, a bidder could take advantage. Buy says the Independent.Low & Bonar looks to be back on track after a lengthy stint on the sidelines. The maker of artificial grass used for football pitches has been on the mend since appointing Steve Good as chief executive late last year. The company has found a good rhythm. It trades on an undemanding 8.1 times projected earnings at 44p a share which offers good value. Buy says the Times.There have been a couple of pieces of disappointing news from Russian miner Petropavlovsk over the last week - and the shares have been hit hard. First, a delay in receiving digging equipment has put its full-year production targets at risk. In fact, many analysts in the City now expect that the group's full-year target will not be met. The Telegraph is is upbeat on long-term prospects for the group, but until the production situation becomes clearer the shares are now a hold.Another miner having serious problems over the past week is Kenmare Resources, operator of the Moma titanium mine in Mozambique. On Friday, the company revealed that a containment pond of water and clay had been breached, allowing the contents to spill into a neighbouring village. Until there are more details on the situation the rating is hold says the Telegraph.AIM-listed eXpansys has big plans to recreate the heyday of the independent electronics reseller, but this time online. It could be a rocky few months as eXpansys integrates its acquisitions while forging ahead with a new global growth plan, but it looks a decent bet for further upside if the brand continues to capture the attention of consumers looking for a deal on the internet. Buy for its ambition says the Times.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
17 Mar 2020 09:50

Johnson warned Covid-19 plan could end pub industry 'in days'

(Sharecast News) - The UK's pub industry warned it faced an existential crisis and could be lost in "days" after the government advised people to avoi...

6 Feb 2017 09:37

Heineken closes in on Punch Taverns pub acquisition

BRUSSELS, Feb 6 (Reuters) - Heineken NV is closing in on its acquisition of some 1,900 pubs in Britain after an investment vehicle linked to the Dutch...

1 Feb 2017 14:45

UPDATE 1-Emerald abandons Punch bid, leaving Heineken unrivaled in pubs takeover

(Adds share activity) LONDON, Feb 1 (Reuters) - Emerald Investment Partners said it has decided not to make a takeover offer for Punch Taverns , leavi...

1 Feb 2017 13:52

Emerald abandons Punch bid, leaving Heineken unrivaled in pubs takeover

LONDON, Feb 1 (Reuters) - Emerald Investment Partners said on Wednesday it is not planning to make a takeover offer for Punch Taverns, reversing cours...

16 Dec 2016 09:44

Canaccord Genuity hikes target on Punch Taverns

(ShareCast News) - Analysts at Canaccord Genuity hiked their target price for shares of Punch Taverns following the company's acceptance of the 180p p...

Make Better Investment Decisions

Register for FREE

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.