Newspaper Share Tips Week Dec 12
For video of week's trading ahead see - stock charts for beginners
Questor Share Tips
IG Index- buy at 465.5p -
Petrofac - buy at 1443p - upgrade slightly above analysts' expectations - strong pipeline of new opportunities at its engineering, construction, operations and maintenance unit and its integrated energy services division - company's stated dividend policy is to pay out 35pc of net income. With revenues and profits rising over the next few years, this would imply the dividend will grow sharply - City is very upbeat on Petrofac's prospects, with an average price target of £17.40.
Pearson - hold at 1128p
CSR - hold at 183p
BG Group - buy at 1348p - rumours of the sale of part of the Brazilian oil assets in the coming weeks, Chinese state-controlled oil company Sinopec being named as a possible buyer - also a rumour that Shell or Exxon would buy BG Group - Questor is sceptical about Chinese rumour. LNG demand is likely to rise next year due to Japan, China, India, Latin America and Middle East - Italian group ENI recently announced a huge gas find in Mozambique in a block adjacent to BG’s Block 1 acreage, situated offshore Tanzania
- fundamentals are solid.
European Goldfields - potential bid approaches from a number of companies - got permits and funding - - still a buy
Platinum better than gold in 2012 - platinum usually more expensive than gold - (Anglo American obvious play but risky so can't recommend it) - but can buy platinum ETFs - Aquarius Platinum average price is 45% higher than now. Gold is going up may reach 2000 in 2012 but platinum is better bet.
Tempus Share Tips
Imagination Technology is a strong hold.
Pearson - hold but buy on weakness
Buy LSE (London Stock Exchange) at 780p
Buy Burford Capital at 123.5p - this fund finances litigation, raising money and lending it to those pursuing cases with the chance of a big payout. Recession proof.
Investors Chronicle Share Tips from December 9
Medicx Fund at 75p
UltraElectronics at 1,459p
Troy Spectrum Fund O Shares at 133.54p
HSBC at 512p
Thomas Cook at 16p