Friday, April 29

Newspaper Share Tips Apr29

Stocks and Shares - Friday's Newspaper Share Tips


FINANCIAL TIMES

Bain Capital to put in a bid for Micro Focus worth up to £890 M.

The Lex Column

Berkshire Hathaway: advice for the Oracle of Omaha - the David Sokol affair should act as a reminder to investors that Warren Buffett not only buys companies, he also runs one himself. He must ensure he is fit enough to do both.

Nomura: - the results seem to confirm one immutable law of investment banking: a good deal for bankers is a bad deal for investors.

Lombard

Shell - the only uncertainty for the business is what it will do with all the cash from the Q1 operating cash flow that was 80% more than last year at $8.6 billion.

The Times

Tempus share tips


Buy AstraZeneca
Buy Fortune Oil
Hold Shell.

Comment

David Sokol has done enormous damage to the reputation of Warren Buffett and Berkshire Hathaway. Suspicious minds will wonder if with internal rules so lackadaisically enforced, others were tempted to do the same.

The Independent

Investment Column


Hold British American Tobacco at 2611p
Buy Stagecoach at 247p

Outlook

Warren Buffett dropped a clanger when he so publicly backed Sokol .

America's troubles are a problem and a useful lesson for us all.

Tesco boss Philip Clarke has reined back a generous price guarantee scheme.

The Guardian


Putting a cap on oil prices is crucial to US recovery - rising commodity costs are starting to dominate, and the FED has run out of monetary ammunition.

Savvy shoppers make money out of Tesco - the company has reacted by putting a £20 limit on refunds.

Daily Telegraph


Four bidders, inc. National Grid and Balfour Beatty, are in the running to acquire the power links to the world's largest wind farm, the London Array.

Lion Capital, owners of Weetabix, La Senza and American Apparel, is in final negotiations to buy a majority stake in clothing retailer All Saints.

Questor Share Tips


WPP - Buy at 781.5p
Croda - Buy at 1881p
Aggreko - buy at 1786p
BP - Hold at 466p

Daily Mail

Market Report


Nighthawk Energy’s shares crash after saying that a study at its Jolly Ranch project in Colorado estimated probable and proved reserves of 55,000 barrels of oil, which was much lower than hoped for.