Sportingbet(SBT)

Sector:

Travel & Leisure

Index:

FTSE AIM 50

Market Cap

£170.20m

Change Today

Price Down-1.00p

Share Price

36.00p

Thursday tips round-up: Kingfisher, IG Group, Northumbrian Water

Date: Thursday 05 Jun 2008

LONDON (ShareCast) - At 135.9p, or 13 times current-year earnings, Kingfisher’s recovery has already been priced in. That seems far too forceful, given the damage that could yet be done by consumer indebtedness. Keep away, says the Times.

Should the UK slump into a recession, IG Group would be affected. But it may be cushioned because its clients tend to be wealthy investors with experience - if hopefully not expertise - of the stock market. IG trades at a discount to exchanges and internet stocks. Even with some uncertainty about the future, IG continues to be worth a punt. Buy, says the Telegraph.

The Independent says that for investors there does not seem to be a huge amount of juice left in the shares, and if volatility slows, IG Group will look less attractive. Hold for now.

Northumbrian Water may have secured the goodwill of its customers – it has pledged to raise bills by less than its regulatory allowance – but investors may feel more ambivalent. For a well-run, pure-play water company, 335¾p, or 13 times current-year earnings, is no more than fair value. Hold, says the Times.

Opsec's brokers at Oriel say that the group is undervalued and is a "clear buy". Investors would be wise to wait for a trading update to see if the government has got its chequebook out. Hold, says the Independent.

Sportingbet, which at 37¼p trades at an enticing seven times next year’s earnings, is doing all the right things, but with so many jurisdictions retaining, at best, an equivocal attitude to internet gambling and with the poker boom having lost its fizz, this stock is only for the brave, according to the Times.

With the share price fall yesterday, UTV shares trade close to the theoretical ex-rights price. Treat UTV in the same way you would the "chuggers". Smile politely, point to your watch and cross the street, says the Telegraph.

Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Sportingbet Market Data

Currency UK Pounds
Share Price 36.00p Price Down
Change Today -1.00p
52 Week High 59.75
52 Week Low 29.50
Volume 144,570
Shares Issued 472.78m
Market Cap £170.20m
Beta 0.81
RiskGrade 202

Performance Indicators

Compare performance with the sector and the market.
Find out more
Key: vs Market vs Sector
Value
7.10% above the market average7.10% above the market average7.10% above the market average7.10% above the market average7.10% above the market average
11.93% above the sector average11.93% above the sector average11.93% above the sector average11.93% above the sector average11.93% above the sector average
Price Trend
30.08% below the market average30.08% below the market average30.08% below the market average30.08% below the market average30.08% below the market average
15.52% below the sector average15.52% below the sector average15.52% below the sector average15.52% below the sector average15.52% below the sector average
Income Not Available
Growth
44.43% below the market average44.43% below the market average44.43% below the market average44.43% below the market average44.43% below the market average
53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average
Price Chg 6m
15.72% below the market average15.72% below the market average15.72% below the market average15.72% below the market average15.72% below the market average
5.17% above the sector average5.17% above the sector average5.17% above the sector average5.17% above the sector average5.17% above the sector average
P/E
44.42% above the market average44.42% above the market average44.42% above the market average44.42% above the market average44.42% above the market average
27.03% above the sector average27.03% above the sector average27.03% above the sector average27.03% above the sector average27.03% above the sector average
PEG Not Available
Dividend Yield Not Available
EPS Growth
94.74% below the market average94.74% below the market average94.74% below the market average94.74% below the market average94.74% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Operating Margin
55.93% below the market average55.93% below the market average55.93% below the market average55.93% below the market average55.93% below the market average
75.7% below the sector average75.7% below the sector average75.7% below the sector average75.7% below the sector average75.7% below the sector average

What The Brokers Say

Strong Buy 5
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 6
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Sportingbet Dividends

  Latest Previous
  Interim Interim
Ex-Div n/a 15-Mar-06
Paid n/a 14-Apr-06
Amount 0.000p 1.00p

Trades for 05-Sep-2008

Time Volume / Share Price
16:35 2,371 @ 36.00p
16:29 2,439 @ 36.25p
16:29 20,194 @ 36.25p
16:26 10,000 @ 36.31p
16:16 2,000 @ 36.68p

Sportingbet Key Personnel

CEO Andrew McIver
COO David Hobday
Finance Director James Wilkinson

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