Sunday, November 13

Questor & Midas Newspaper Share Tips

Newspaper Share Tips

Daily Telegraph
Share Tips from Questor

Buy Cape at 348p
The trading update wasn't all bad. Q3 revenues grew by 15%, boosted by higher levels of activity in the UK and the Far East/Pacific Rim. The CEO used the price drops to top up his holding,   buying 60,000 shares in the company for £205,000.
The shares are trading on a December 2011 earnings multiple of 8 times, falling to 7.2 next year. The shares might trend sideways until news come sout of any new contract wins but they remain a buy, despite last week's disappointment.

Buy Enquest at 104p
Enquest was was formed from combining North Sea assets of Petrofac and Lundin. Questor
recommended Enquest as a buy at 137.6p in April and they are now 10% - ouch ! or hooray ?

They trade on a December 2011 earnings multiple of 18.7, falling to 11.7. Buy at 104p for their cash generation, rising output and future increases in proven and probable resources

Buy SSE at 1308p

Tipped at £13.41 in May, they are now 3% lower, they remain a buy for the income.

Podcast about Nanoco (high-tech very speculative) and Mothercare (stay away he prefers Sainsbury)

NANO 2 yr chart

MTC 10 yr chart

Midas from the Daily Mail likes Anglo Pacific