LONDON (ShareCast) - On the face of it, Ben Verwaayen's tenure as chief executive of BT does not give the appearance of success. The shares this week stood at 230p - pretty much the same level at which they traded when the Dutchman took over.
But behind the performance of the share price lies another metric. Six years ago, the shares carried an annual dividend of 2p. This year, shareholders can expect a payout of 15p. Hence BT stock now yields close to 8%, which compares well with UK rivals, even if it still lags European counterparts. With a multiple of 10 times 2009 earnings factored in, the shares now look like a good investment. Buy says the Sunday Telegraph.
Robert Wiseman is generally regarded as one of the best-managed companies in the hazardous dairy sector and it is this fact that made the company's frank statement all the more disappointing. The Sunday Telegraph last rated the stock a hold this time last year and the stock stands pretty much exactly where it did then. There is some hope in the City that the difficulties highlighted this week will prove temporary and that the company will soon be back on track. Nevertheless, with any resolution some way off, investors should sell says the Sunday Telegraph.
Iofina has just raised around $30m through its flotation, which will fund development of a 50,000-acre project in the American state of Montana. The company claims to have developed technology that will make it the lowest-cost producer of iodine. For investors looking for a novel play on the commodities boom, Iofina is certainly worth a look. Buy says the Sunday Telegraph.
Shareholders in SCS Upholstery would not have been sitting comfortably this week after the sofa retailer sounded a profits warning.The retailer is trying to save money and is limiting itself to one new store opening per financial year. However, with no dividend likely this year, the economic slowdown looking set to continue and the shares being tightly held, SCS is one to avoid says the Sunday Telegraph.
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