Tuesday, June 23

Stock Picks Share Tips Tuesday

Stocks and Shares - Share Tips for Tuesday

Normal service should be resumed soon ! In the meantime here are the stock picks and share tips and some news.

THE INDEPENDENT

Investment Column: Share tips
Buy Kewill
Buy Circle Oil - shares have risen nearly 80% since March, but more to come with increases in production expected in Egypt and Morocco later this year.
Hold Netplay

THE TIMES - Stock picks

Says Hold Kewill - At seven times earnings, and net cash and a dividend rising sharply, they are still attractive.

Kcom's traditional business is very cash-generative, and its managed services might draw the atention of consolidators. Buy on weakness.

THE TELEGRAPH
Reckitt Benckiser
shares are trading on an earnings multiple of 15.7. Buy says the Telegraph.


FINANCIAL TIMES

Executives cash in their shares

ECB will get record ‘stimulus by stealth’ - unlimited one-year funds

Sarkozy rejects austerity makes jobs his priority

The pledge by manufacturers to subsidise Medicare drug bills will help Obama's US administration deflect criticism

Talf may avert large disasters in commercial mortgage-backed securities, but the rest of the market will be more difficult to save

British Airways won't go bust soon, but its £3bn pension deficit will cause problems

Xstrata / Anglo American - the Swiss miner needs to find another 25%-30%, otherwise its friendly approach is not likely to succeed

China’s stock transfer - Even in China ordering people to give up assets for free is unusual, and shows how equity markets are manipulated there


THE TIMES

RBS £9.6 million pay package to Hester criticised [talent needs to be rewarded (or is that compensated?) otherwise he might leave the country - God forbid - Ed.]

Shareholders force Rose to wave godobye to £1m M&S shares

ESPN wins Premier League live football rights

Another gas war on the horizon over Ukraine's Gazprom bill

Rate of repossessions is slowing

Markets down on world recovery prospects

Segro to raise £250m to pay for Brixton takeover

Independent falls on rights plans

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