Thursday, May 5

Newspaper Share Tips May5

Stock Market Investing - Newspaper Share Tips

UPDATE :
Share tips from Shares Magazine

Computer Services firm IDOX. With strong recurring revenues and the ability to add more value for money, acquisitions mean the shares are too cheap, currently at 20.0p. The firm's mainly local authority clients now have clarity on budgets. Buy.

Tricorn. Pipe manipulation specialist. Buy ahead of results for year to 31 March (6 Jun). An update on trading should sustain an earnings upgrade cycle already responsible for a 107% increase in the shares over the last 12 months. The company also looks set to pay its frist dividend. Despite a hefty re-rating the firm trades just 7.4 x the March 2012 consensus forecast e.p.s. of 3.1p.

Today's stock market news
Bank of England and the ECB leave interest rates unchaged, which is good news for home loans. Analysts say the Bank of England may leave interest rates unchanged until November at the earliest, and possibly even until 2012 - which has got to be good for mortgage rates and people looking for home loans. See here for recent mortgage rates available - mortgage rates

RIO TINTO has just denied it is interested in Alcoa.

FINANCIAL TIMES
Applied Materials plans to buy rival Varian Semiconductor for $4.9 billion in cash.

$4.9 billion cash offer by ConAgra Foods for Ralcorp, its second try, for the food producer has been rejected.

Lex

ConAgra/Ralcorp: - aside from the self-interest of management, Ralcorp may simply feel it is worth more.

The poor man’s gold (silver) has made some even poorer after prices drop over 12% in two days as speculators head for the exits.

The pricing of the RenRen IPO shows the hysteria around Chinese tech stocks as they have drift into the heavenly ether.

Lombard

With cornerstone investors to take 31% of the $10bn IPO, Glencore will pull off one of the largest flotations in the history of the London stockmarket.

The Times

Tempus share tips


Hold Sage Group.
BBA Aviation - an interesting buy if any further weakness.
Hold JD Wetherspoon

Comment

Glencore CEO Ivan Glasenberg swears not to sell any of his shares, post-IPO.

The Independent

Investment Share Tips


Hold Rightmove at 1039p
Buy Henderson at 156.5p
Buy Spirent at 136p

Times are dark for all but the strongest retailers.

The Daily Telegraph


Intel's new 3D chip technology, mostly because of its power efficiency, may be a threat to ARM Holdings, the dominant supplier of chips to the world’s smartphones and tablets.

ARM who design chips for Apple’s iPhone fell 44 to 558p ahead of the announcement from Intel.

Questor Share Tips
Buy Legal and General at 119.5p
Standard Chartered - hold at 1593p

Comment

UK is not Portugal, but it might become so.

Daily Mail


Comment

Everything about the Glencore float is whopping.

Market Report

Sellers dumped Imagination Technologies

Midas Share Tip from Saturday - buy Axis Shield at 312p