Share trading accounts : Still time to open a share ISA online, plus ISA share tips
03/04/2011 - Newspaper Share Tips, Stockmarket Trading - 0 Comments - 277 words
There is still time to use your 2010/11 shares ISA allowance by opening an account online with Barclays Stockbrokers or TD Waterhouse.
You have until midnight on 5th April to open an account and transfer up to £10,200 in order to take advantage of this years tax free share trading allowance.
There is no need to buy shares before the deadline, the priority is to open an account and then transfer up to £10,200 via BACS before Tuesdays deadline, however, here are some recent share tips that would qualify for your ISA.
The Investors Chronicle 'Tips of the Week' had a 'buy' for potential recovery stock Premier Foods now out of intensive care, wrote IC and its strong portfolio of brands provides a platform for recovery.
Investors Chronicle also had positive words for Capital & Regional 'geared for recovery'. IC points out that there are many property investment funds but few are as well-run as Capital & Regional. Highly geared to property market recovery and with tenant profile proving resilient.
Londons city freebee, CityAM recons that restaurant operator Whitbread is moving in the right direction. The group signed a six year contract with Tradeteam for drink supply chain services. The paper also has a positive for Bellway noting the that the house builder reported buyer confidence had returned to the market.
There is still time to use this years shares ISA allowance and open an account today also, check out recent newspaper shares tips at our shares tips articles page.
Or search for keywords here.
Bombed out stocks : Premier Foods, Hampson Industries, Accsys Technologies
05/02/2011 - Stockmarket Trading - 0 Comments - 376 words
Hovis brand-owner Premier Foods have languished at an all-time low through-out the downturn. Now, a break upwards could be setting off buy alerts on automatic systems within the industry as the stock comes back into the spotlight for no other reason than technical appeal.
The stock was recently noted as a technical tip also in the Investors Chronicle and the sale in January of its non-meat division went some way to relieve debt. The Times continues to view the company too risky given the coming period of expected low consumer spending and heavy price-cutting by supermarkets but the company appears to be back on the radar.
Speaking of which, buy indicators will also have been triggered for aerospace materials firm Hampson Industries. Languishing at recent lows, the companies share price needed to consolidate over a number of months, with risk that the pattern could be broken by a break downwards. In fact shares broke upwards in last two weeks and could be back on the brokers watch list - for no other reason than technical.
At end of 2010 the Times reconed that Hampson was 'waiting for take-off' after agreeing new financing terms with its lenders and raising £59.5 million in a rights issue back in February 2010 although not for the widows and orphens wrote the Times.
Another mover last week was Accsys Technologies. Shares dived in the company on Friday after Accsys announced a deeply discounted rights issue. The company has a treatment to turn soft wood into a more structurally usable material but burns cash and needs more funding to continue.
The article over at thisislondon today is worth a read. Accsys Technologies is run by Nick Clegg's brother Paul and is burning cash at the rate of €1 million a month. The new announcement is companies second fundraising in a year.
Shares will be hugely diluted after the new share issue although its Accoya wood product sounds as though its going be in demand but the shares are probably only for investors prepared to shoulder cash burn and risk. Shares will continue to settle at around the shares issue price of €0.15 per New Ordinary Share. Existing shareholders will be overjoyed by the news no-doubt !
Most active stocks : Western Coal, Enegi Oil, Vyke Comms, Capita, National Grid
18/11/2010 - Stockmarket Trading - 0 Comments - 282 words
Western Coal has announced that it has entered into exclusive talks with Walter Energy over a potential business combination. If the deal concludes then Western Coal shareholders would receive a combination of cash and Walter Energy shares. The deal is equivalent to a 55.8% premium to the price at close yesterday. Shares have rocketed 39.05% to 632.00p.
Results from Enegi Oil’s Newfoundland Garden Hill South operation are exceeding expectations according to the company’s partner Dragon Lance Management Corporation. The well is capable of 200 bopd at current development and could be extended to 300 bopd with the installation of a lift or pump. Share prices have risen 31.06% to 22.00p.
Vyke Communications has entered into a discretionary working capital facility with BLS Telecomms Plc. This allows Vyke to draw down up to $500,000 in tranches at BLS’s discretion. Their stock has risen 32.97% reaching 1.23p per share.
Capita Group’s 10 month results to 31 October 2010 showed some growth and continued strong results but market sentiment is not so hot, possible fuelled by the outlined 7.1% cut in government expenditure. Shares are down 5.47% at 682.00p.
National Grid saw pre-tax profit rise by 45% in the six months ended 30 September 2010. Earnings per share were up 5% and there was an 8% increase in the rebased interim dividend. Shares prices, though, are down 1.54% at 575.75p.
FTSE 100 gains: SABMiller +4.56% (2,145.75p), Fresnillo Plc +3.05% (1,387.00p), Rio Tinto +2.97% (4,271.50p), Kazakhmys +2.95% (1,467.00p), and Cairn Energy Plc +2.92% (376.55p).
FTSE 100 losses: Capita Group -5.75% (680.25p), Intertek Group -4.36% (1,866.00p), National Grid -1.47% (575.75p), Man Group -1.14% (277.10p), and Centrica Plc -0.66% (330.15p).
Most active stocks : Experian, GlaxoSmithKline, Freshwater UK, Real Estate Opportunities
17/11/2010 - Stockmarket Trading - 0 Comments - 293 words
Underlying profits for personal credit company Experian grew by 12% in the first half of the year, thanks to rapid growth in Latin American markets and recoveries in other areas of the company’s business. Dividend payments were subsequently increased sharply to 9c per share which represents a 29% increase when compared to the interim dividend paid last year. Shares are up 6.47% at 748.75p each.
The Arthritis Advisory Committee in the US has voted 13 to 2 to recommend to the US FDA that they approve BENLYSTA® to aid in the treatment of patients with systemic lupus erythematosus. GlaxoSmithKline are working in partnership with Human Genome Sciences in the production of the drug and shares have risen 2.10% reaching 1,239.50p this morning.
Freshwater UK has announced that it will be delisted from the Alternative Investment Market effective Friday of this week. A matched bargain facility will be made available to investors at this time. The company holds that the flotation was the right move at the time and that delisting is also the right move now. Shares are 12.50p this morning, nearly double their price at the close of trading yesterday.
Real Estate Opportunities has seen its share price drop dramatically this morning after decent gains in recent days. The company won planning permission to redevelop London’s Battersea Power Station and prices had risen dramatically on this news. However, a 27.7% slide today means that shares are now 4.06p each.
FTSE 100 gains: Experian +6.47% (748.75p), GlaxoSmithKline +2.10% (1,239.50p), SABMiller +1.64% (2,047.25p), British Airways +1.58% (263.45p), and Antofagasta +1.55% (1,379.00p).
FTSE 100 losses: Marks & Spencer -2.60% (385.65p), Vodafone Group -2.14% (166.80p), African Barrick Gold -2.09% (539.75p), Cobham Plc -1.86% (200.75p), and Man Group -1.85% (275.65p).
Stock market news at 11:00 : Kazakhmys, Burberry, Taylor Wimpey, ITV, EasyJet
16/11/2010 - Stockmarket Trading - 0 Comments - 284 words
The Footsie has plummeted this morning following the late drop on Wall Street last night and it has shown no signs of a recovery as yet. Miners are among the hardest hit while banks and pub groups are also suffering a difficult day.
The FTSE 100 is down 1.31% at 5,744 while the FTSE 250 is down 0.80% at 10,835 which means that the FTSE 350 is down 1.24% at 3,032.
Miners have suffered a difficult morning but it is Kazakhmys that leads the fall not only in the mining sector but in the FTSE 100 in general. Its share prices have fallen 4.62% down to 1,444.00p.
Burberry had a very strong 6 months especially in the sale of non-clothing products and in its emerging markets. Revenues rose by 21% while pre-tax profits soared by a massive 49% reaching £129m. Shares slipped slightly, down by 0.20% to 1,018.00p.
Taylor Wimpey also posted decent results with a full order book for 2010. The company expects profits to be at the top end of previous forecasts and the market has reacted, pushing shares up 3.33% to 25.78p.
ITV is undoubtedly happy to see its ad revenues rise again during the third quarter, although growth in this area is expected to fall again in the fourth quarter. Revenues rose 11% while advertising revenues were up 16% with a forecasted 10% rise in the fourth quarter. Shares are down 4.01% to 68.20p.
easyJet said that full year profits was up threefold with greater demand and cheaper fuel proving the driving forces. The company are expecting to pay their first dividend in 2012 but share prices are down 4.22% at 452.20p.
Most active stocks : Matra Petroleum, TalkTalk, Enterprise Inns, Rexam
16/11/2010 - Stockmarket Trading - 0 Comments - 266 words
Matra Petroleum has seen big losses this morning as while they have announced the results of a CPR on their Sokolovskoe Field with contingent recoverable resources of 15.1MMbbl they have struggled to fix the water problems at well 12 which means that the well will be sidetracked 50m. There is also no news on the production license front. Shares have dropped 13.20% to 2.17p.
Enterprise Inns have posted their results that were boosted significantly by £52m of profit from sales. This more than outweighed the 7.3% revenue decline and the company posted an increase in net income from £6m a year in 2009 to £26m for 2010. Pubs have been hit hard by a combination of the recession and the fall in sales caused by the smoking ban. Shares for Enterprise Inns have fallen 10.72% to 97.67p.
TalkTalk has gone from strength to strength and its share prices have boomed on increased sales and a new fibre optic deal with telecoms giant BT. First half revenue rose 12% to £887m and share prices are now up 3.82% having reached 149.75p.
Rexam has proven to be the biggest winner in the FTSE 100 as its trading was in line with expectations despite a slowing in the sales of canned beverages across Europe. Shares are up 2.28% to 318.00p.
FTSE 100 gains: Rexam +2.28% (318.00p), ARM Holdings +1.85% (358.10p), Capita Group +1.03% (739.00p), AstraZeneca PLC +0.68% (3,036.50p), and AMEC +0.54% (1,119.00p).
FTSE 100 losses: Kazakhmys -4.76% (1,442.00p), Fresnillo Plc -4.54% (-1,385.50P0, Man Group -4.15% (281.65p), Antofagasta Plc -3.89% (1,382.50p), and Invensys -3.22% (336.80p).
Most active stocks : Lonmin, Invensys, Serco Group, Rolls Royce Group
15/11/2010 - Stockmarket Trading - 0 Comments - 276 words
Lonmin Group has seen a flourish of activity this morning following the confirmed announcement that Simon Scott will take over as Chief Financial Officer at close of play today. The mining group has also announced its annual figures that show a strong performance across all sectors and all products. The group returned to profit, leading to a reintroduction of dividends, priced at 15c per share. Shares have increased 2.72% having reached 1,816.00p.
The Telegraph and other prominent newspapers this weekend reported that Invensys had been approached about a possible takeover for the company. However, an official company statement this morning refutes the suggestion stating that no approach or formal discussion had taken place. Shares are up 7.00% at 340.95p.
International service group Serco has posted strong interim results with continued growth in all of its key sectors including international growth from the US and other markets. The group said that it expects revenues to increase to around £5bn by the end of 2012. Serco looks as though it will benefit from the cost cutting exercises implemented by global governments. Shares have increased by 2.13% having reached 575.00p.
The Rolls Royce rollercoaster continues this morning following several pieces of press coverage regarding the Trent 900 powered A380 Qantas flight. Reduce aircraft availability has now become an issue. Shares have dropped 1.63% reaching 601.25p.
FTSE 100 gains: Invensys +6.87% (340.75p), Lonmin +3.00% (1,820.00p), Serco Group +1.87% (573.25p), Petrofac +1.47% (1,515.50p), and Tullow Oil +1.46% (1,253.50p).
FTSE 100 losses: Rolls Royce Group -1.55% (601.25p), Legal & General Group -1.30% (98.80p), Centrica Plc -1.16% (336.20p), AstraZeneca Plc -1.07% (3,004.25p), and Inmarsat -0.96% (669.75p).
Most active stocks : Rolls Royce, Real Estate Opportunities, Zest Group, Indian Energy
12/11/2010 - Stockmarket Trading - 0 Comments - 280 words
Following the recent Trent 900 incident, the Rolls Royce board has said that they now expect full year results to be slightly under previous forecasts. However, with the recent losses in share price that the engineering firm have reported, it would seem that investors are looking for a way back in. Share prices have risen 3.58% to 604.75p each.
Wandsworth Council has agreed to the development of the Battersea Power Station site by Real Estate Opportunities. The planning permission is the largest ever granted in Central London and represents a massive development that will incorporate 3,400 new homes as well as 1.7m square feet of office space and a further 1.5m sq ft for other commercial use. Shares have risen 31.62% to 3.15p.
Zest Group is taking a new direction in its business strategies moving from the pure music business to a more investment based company. They are also changing their name in line with the business model change and will become Rare Earth. The move seems to have been well taken with shares rising 21.43% to reach 0.425p.
Indian Energy has announced that performance from its Theni project in Tamil Nadu has suffered due to the late completion of the project but that results so far look promising for the future. Shares have suffered and are down 20.91% at 22.00p.
FTSE 100 gains: Rolls Royce Group +3.58% (604.75p), Royal Bank of Scotland +2.58% (42.13p), Scottish & Southern Energy +2.19% (1,168.50p), National Grid +1.29% (588.25p), and Intertek Group +1.11% (1,914.00p).
FTSE 100 losses: Kazakhmys -2.90% (1,507.50p), Anglo American -2.32% (2,984.25p), Antofagasta Plc -2.24% (1,438.50p), BHP Billiton -2.20% (2,362.25p), and Eurasian Natural Resources Corporation -2.07% (967.25p).