UK Stocks and Share tips
Top
of the Tips: Share Recommendations 17/12/2006
Buy
Renold
Chain
maker Renold has been feeling the benefits of their investor
Hanover's involvement, and their share price has doubled
this year. However, Hanover's previous involvement with
Elementis and 4Imprint saw these companies' share prices
quadruple.
Given
Hanover's record, Renold still looks undervalued and worth
a look.
Buy,
says The Independent.
Rio
Tinto
While
the internal appointment of Tom Albanese as Rio's new CEO
might seem a little conservative, Rio Tinto's shares have
outperformed the FTSE all-share index by 120% over the last
fifteen years, and there seems no reason why this success
should not continue.
Buy,
says The Times.
Medical
House
Medical
House recently unveiled their largest licensing deal to
date. The deal, for their AutoSafety syringe, is estimated
to be worth £27m over the next five years. Given the
company's valuation is only £22m, it looks undervalued
at present.
Buy
says The Independent.
Sell
Caffe
Nero
An external
bid now seems unlikely for the coffee shop chain, as founder
Gerry Ford has won the support of 65% of his shareholders.
It looks likely that Caffe Nero will go private in the future
– with their share price strong at present, now is
probably a good time to take profits.
Sell,
says The Telegraph.
|
