News

Sunday tips round-up: Rexam, Volga Gas, Bluestar SecuTech

24 February 2008 11:18:00

With a jump in Rexam's share price last week, which moves the stock some way back towards the level they stood at before December's warning, the shares now trade on around 12 times current year earnings.

Rexam exhibits strong defensive qualities and with its markets still growing and last year's problems a thing of the past, the shares are looking good value again. Buy, says the Sunday Telegraph.

With Russian gas prices still rising sharply, and with commercial production at Vostochny-Makarovskoye expected to begin by the end of the year, Volga Gas looks well-positioned. This isn't one to bet your pension on but nevertheless, the Sunday Telegraph believes the shares are excellent value.

Bluestar SecuTech is not the sort of company that normally crosses investors' radar screens. The security company is one of China's biggest makers of digital video recorders. There is no doubt that owning shares in a relatively new Chinese enterprise floated on Aim carries more than its fair share of risks - both political and economic, but for those willing to take them, BlueStar is a good play on China's future, says the Sunday Telegraph.

Invista has cash and investments almost equivalent to its market cap, meaning shareholders are getting management fees for free. Life won't get easier for property stocks soon, but the strong results suggest the shares have been oversold. Buy, says the Sunday Telegraph.
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