Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksNorthgate Share News (NTG)

  • There is currently no data for NTG

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Sunday share tips: Debenhams, Johnston Press, Carpetright

Sun, 22nd Jun 2014 14:13

Steer clear of shares in Debenhams, Questor advised in the Sunday Telegraph. There was no repeat of the December 31st profit warning when the department store group published its trading statement on June 20th. Trading was in line with expectations. But Debenhams has damaged its brand by repeatedly cutting prices. Opening up stores to Sports Direct concessions looks confused. Add in the company's high debts and the shares are best avoided.Johnston Press's prospects may not be as grim as its battered share price suggests, Danny Fortson said in his Inside the City column. The Sunday Times tipster said the regional newspaper publisher's recent fundraising was backed by canny investors including Malaysian billionaire Ananda Krishnan and BSkyB. Johnston sales staff will sell Sky's ad slots to local businesses. Chief Executive Ashley Highfield has a credible plan for the company in the digital age and Johnston is a "decent punt" for those with strong constitutions.Hold shares of Carpetright, Danny Fortson said in the Sunday Times. In his Inside the City column, Fortson said the departure of founder Lord Harris, leaving Carpetright with newcomer Chief Executive Wilf Walsh, made it an unknown quantity. The shares have fallen as Carpetright has issued three profit warnings and its business in the Netherlands remains a problem. The revival in the UK property market has failed to feed through to Carpetright's business as hoped. The shareholder register is highly concentrated with room for greater share price disruption if a big investor becomes disaffected. Midas in the Mail on Sunday admitted its dividend surprises portfolio had taken a knock after six of the 10 shares fell since its last quarterly review in February. However, the rolling group of shares has outperformed the FTSE 350 index. The tipster urged investors to bear with the portfolio, which is designed for the long term. The 10 companies' dividend payments were those that most exceeded broker forecasts, suggesting good things were in store. New additions are Xaar, the 3-D printing company; copper miner Antofagasta; buyout group 3i; and Quinetiq, the defence IT group. Premier Oil, Man Group, Bank of Georgia and Howden Joinery have left the portfolio. Berkeley Group, Northgate, Ashtead, easyJet, Drax and 888 have stayed in the portfolio.Investors with a taste for risk should buy shares of AIM-listed wind-power company Greenko, Questor recommended in the Sunday Telegraph. The India-focused operator's revenue rose 38% and pretax profit jumped 70% in the year ended March 31st as power-producing capacity at its wind farms more than doubled. India has serious power shortage problems and Greenko has commissioned new capacity. The company is a high-risk speculative buy.SFPlease 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.
More News
17 Mar 2020 15:54

DIRECTOR DEALINGS SUMMARY: IWG And Man Chiefs Buy GBP3 Million Worth

DIRECTOR DEALINGS SUMMARY: IWG And Man Chiefs Buy GBP3 Million Worth

Read more
27 Feb 2020 17:00

DIRECTOR DEALINGS SUMMARY: Ocado Chair Rose Sells GBP1.7 Million Worth

DIRECTOR DEALINGS SUMMARY: Ocado Chair Rose Sells GBP1.7 Million Worth

Read more
26 Feb 2020 15:34

Director dealings: Redde Northgate CEO makes share purchase

(Sharecast News) - Redde Northgate revealed on Wednesday that chief executive officer Martin Ward had purchased 76,537 ordinary shares in the London-listed commercial vehicle rental outfit.

Read more
26 Feb 2020 14:41

DIRECTOR DEALINGS: Redde Northgate CEO And Non-Exec Chair Buy Shares

DIRECTOR DEALINGS: Redde Northgate CEO And Non-Exec Chair Buy Shares

Read more
26 Feb 2020 09:35

UK BROKER RATINGS SUMMARY: Berenberg Cuts Morrisons, Raises Sainsbury

UK BROKER RATINGS SUMMARY: Berenberg Cuts Morrisons, Raises Sainsbury

Read more
21 Feb 2020 15:26

UPDATE: Redde Northgate To Start Trading On Monday As Merger Completes

UPDATE: Redde Northgate To Start Trading On Monday As Merger Completes

Read more
21 Feb 2020 13:07

Redde Shares Temporarily Suspended From Trading Pending Announcement

Redde Shares Temporarily Suspended From Trading Pending Announcement

Read more
5 Feb 2020 09:56

Northgate And Redde Tie-Up Clears UK Regulatory Hurdle

Northgate And Redde Tie-Up Clears UK Regulatory Hurdle

Read more
17 Jan 2020 16:03

UK Dividends Calendar - Next 7 Days

UK Dividends Calendar - Next 7 Days

Read more
8 Jan 2020 16:09

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
5 Dec 2019 16:04

UK Dividends Calendar - Next 7 Days

UK Dividends Calendar - Next 7 Days

Read more
29 Nov 2019 17:00

LIVE MARKETS-Closing snapshot: more like a red Friday

Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Thyagaraju Adinarayan. Reach him on Messenger to share your thoughts on market moves: thyagaraju.adinarayan.thoms...

Read more
29 Nov 2019 16:14

LIVE MARKETS-Solid performance but red flags

Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Thyagaraju Adinarayan. Reach him on Messenger to share your thoughts on market moves: thyagaraju.adinarayan.thoms...

Read more
29 Nov 2019 15:52

LIVE MARKETS-QE binge, QE hangover

Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Thyagaraju Adinarayan. Reach him on Messenger to share your thoughts on market moves: thyagaraju.adinarayan.thoms...

Read more
29 Nov 2019 10:12

LIVE MARKETS-November 2019: a RORO kinda month

Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Thyagaraju Adinarayan. Reach him on Messenger to share your thoughts on market moves: thyagaraju.adinarayan.thoms...

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.