Nice rise here4 Mar 2009 10:32
Tipped in The Sunday Times who, under the headline 'Safer cyclicals' say
THE SUNDAY TIMES
Inside the City: Jenny Davey thinks Carillion is worth buying at 220p as a sum-of-parts valuation give it a value of 310p a share. The dividend also appears safe and speculation of a rights issue seems wide of the mark.
HSBC has come up with a list of `safer cyclical' stocks for recovery, headed by Rolls-Royce and followed by Morgan Sindall, Elementis, Thomas Cook, Kier, Tui Travel, 888 Holdings, United Business Media, Kesa and Eurasian Natural Resources.