Newspaper Stock Picks - Friday
Questor Share Tips
Sell Homeserve at 267p
Buy Barratt Developments at 90.5p
Buy International Public Partnerships at 118.5p
The guidance for the 2011 dividend is a 3% increase to 5.85p a share, i.e. a prospective yield of 5%. Buy for the income.
Buy HICL Infrastructure Fund at 115.5p - a dividend play
Questor went to Kurdistan Podcast
Talked about - Genel energy - assets are superb - investment dependent on revenue sharing agreements between Kurds and Iraqis - Questor says to wait and see what's in prospectus - there are still a lot of question marks but when they are rsolved it could be a good opportunity
Tempus Share Tips
Serco is suffering at the moment and Tempus says to leave it alone
Rexam - buy at 333p
Rexam is a good business with a good yield and good valuation multiples but it has its weaknesses, which it is dealing with, and the possibility of a further cash boost, makes its well worthwhile in these uncertain times.
BHP Billliton - hold at 1906p
Lamprell - buy at 259p -
Issued a reassuring update yesterday, with results for the full year expected to be in line with market hopes. Some notable contract awards, Lamprell said orders stood at around $1.2bn at the end of October.
Evolution Securities says the firm is exposed to the fast-growing energy infrastructure market, which is good for its own growth. The weakness in the share price since the summer, offers a good opportunity to add to holdings.
Robbie Burns has been busy too he bought some:-
Avon Rubber (AVON)
Some stock picks from Shares Magazine
Trap Oil -Buy - at 27.9p
Prudential - Buy - at 608.5p
Nautical Petroleum - Buy - at 271.25p
Sell Fiberweb (FWEB) at 55.5p