Friday, 15 May 2009

Online Trading Friday Stock Picks

Online Stock Trades - Investors Chronicle Share Tips and MPs Expenses

More about MPs expenses first - Shahid Malik (the Justice Minister) has just stepped down pending investigation into his claims. He made a vigorous defence of his claims on Sky News last night but he has now repaid £1050 for his 40" TV and stepped down from his position as Justice Minister.

I am surprised, but then again this is our glorious leader Gordon Brown desperately trying to be seen to be doing something (largely to other people) and protect his own back - I don't like to blow my own trumpet - toot toot - but I was writing about Gordon Brown's expenses a year ago - see here - Gordon's Brown Expenses

So far, as far as I know, Gordon Brown has not paid back a penny, even Cameron has paid something back, although apparently he also makes very high claims for his home, much higher than the £680 for his wisteria.

Fred Goodwin must be laughing all the to the post office to pick up his giro.

So anyway enough of this - on with the stock picks !

INVESTORS CHRONICLE

Hidden Treasures:

Nautilus Minerals -- Serica Energy -- Polo Resources -- Aurelian Oil & Gas -- -- Northern Petroleum

Recovery Bargains:

Croda -- Vitec -- Elementis -- Weir Group

Tips:
Buy Capita at 697p
Buy Jardine Lloyd Thompson at 445p
Buy Effective Research at 344p

Sell Logica at 79p
Sell Carpetright at 605p
Sell Aero Inventory at 344p

Updates:

Buy Costain -- Diageo -- Emed -- Addax Petroleum
Sell Travis Perkins

Company Results:

Buy Imperial Tobacco and GeoPark Holdings

Sell Lonmin and Enterprise Inns


FINANCIAL TIMES

Market correction -- gloom and doom is returning after 2 months of euphoria

US retail -- profits and sales are still down on last year, but are not as bad as feared

Japanese markets -- the indiscriminate recent stock market rally has lifted even the world's least-liked stock market.

Comment:

Rio Tinto helped by hopes of renewed BHP approach
Rights issue speculation around GKN subject

Booker down on rumours of HBOS sale

THE TIMES

Tempus
:

Hold on to National Grid
Do not lose faith in SABMiller
Hold Luminar

Comment

Savills said to have received an approach for its 33% Adventis' stake

International Power rumoured to have put its power stations in the Czech republic up for sale

Bet of the day: Ladbrokes

Tiddler to watch - H&T

DAILY TELEGRAPH

Questor
:
Buy National Grid
Hold SABMiller


Comment:

BBA Group, GKN and Yell Group hit by rights issue rumours

Rumours of stakebuilding in Phorm

THE INDEPENDENT

Investment Column:
Buy Prudential
Hold Euromoney
Buy BTG

Outlook:

Pension deficit may lead to BT break-up





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