LONDON (ShareCast) - Tomkins' shares may well look cheap but there is far too much uncertainty. Sell now, says the Telegraph. The Times on the other hand says barring a more radical restructuring, a 5 per cent yield, which keeps the shares at a full forward multiple of 15.1 times, remains the only reason to hold.
Diageo is a quality stock and far better value than a tipple of Blue Label. Buy, reports the Telegraph, while the Times says shares, up 24p to £10.45 — trading at 18.9 times 2007 earnings — have risen 23 per cent in the past 12 months, but remain a core holding.
For investors with an appetite for risk, RC Group is one small cap growth stock worth tucking into. Buy, writes the Independent.
Last time the Independent looked at Soco International, eight months ago, it advised investors to wait for a better buying opportunity due to the falling oil price. With oil prices having now stabilised, and the company entering a new exciting period in Vietnam, now is that time. Buy.
Football club Celtic still looks incredibly cheap on any measure. Its pre-tax profits for the first half alone are less than three times its market value. One of the City's best kept secrets. Buy, says the Independent.
With the new car market still tough and net debt sitting at a stubborn £370 million, this is not a time to buy car dealer Pendragon, says the Times.