Begbies Share News (BEG)

Distributor Premier Farnell is not the most exciting company in the world, but it is a solid bet. Given the recovery the company is starting to show and its solid management, there is no reason to desert it now and investors should be rewarded for holding the shares says the Independent.September's bolt-on acquisition of Germany's CadSoft Computer means distributor Premier Farnell will also be selling software for the first time ? a deal that should bring it closer to its design engineer customers and which it plans to replicate in India and China. At 173¾p, or 15 times next year's earnings, and yielding a still-attractive 5.4%, the shares have farther to go. Hold on says the Times.Brokers are preparing to upgrade their full-year expectations for spread bet group IG Index after its recent update. They are trading on a May 2010 earnings multiple of 13.9 times falling to 12.9 next year, which is reasonably full. However, the shares' dividend is a respectable 4.4% meaning that they are well worth holding on to suggests the Telegraph.The recession has been painful for UK plc, but Begbies Traynor, the professional services firm, has been making hay during the downturn by mopping up plenty of insolvency and restructuring work. The shares currently look fair value at a 2010 price to earnings ratio of 10.2, and the valuation looks better over time - with the figure at 9.4 times 2011's forecast earnings. Based on a cautious outlook for UK growth over the next two years, buy says the Independent.Greetings card group International Greetings shares are not cheap. They trade on a multiple of 25 times brokers' forecasts for 2010. Any pullback in the share price is a buying opportunity, but for now the Independent recommends that investors hold.The biggest contract outsourcing group Eaga is to administer the Government's Warm Front home energy efficiency scheme and on Wednesday it was confirmed that it would receive an additional £150 m of funding in the next fiscal year, at the top end of the company's expectations. There were other positives. Eaga already operates a boiler replacement scheme for the Government, so it appears well placed to benefit from the proposed £50m scrappage scheme. A change of government shouldn't disrupt the meeting of carbon-reduction targets to which its energy work is pegged. At 141p, or ten times current-year earnings, tuck away says the Times.Another set of numbers from DS Smith, another round of profit upgrades for the mid-cap paper and packaging maker. Its shares surged more than 13% as first-half results showed the benefit of cost cutting and a less severe than expected fall in sales. At 128¾p, or 14 times next year's earnings, strong cashflows and the chance of more upgrades gives reason to hold says the Times. 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.