DP Money: SUNDAY TIPS.SUNDAY EXPRESS First-quarter results from recently-floated telephone directories group Yell highlight ongoing UK print growth and strength from the USmarket. Currently at 320p, Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. has given the stock a price target of 350p. Despite the risks, the underlying revenue growth has been better than expectations so this is a buy. There are still plenty of gains to be made in Singapore, India and the Middle East for banking group Standard Chartered. By focusing growth in these areas,it should improve its profitability. This is despite the ongoing impact of the Iraq war Iraq War: see under Persian Gulf Wars. Iraq War or Second Persian Gulf War Brief conflict in 2003 between Iraq and a combined force of troops largely from the U.S. and Great Britain; and a subsequent U.S. , Sars and bankruptcies in Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. . Buy at 114.75p. SUNDAY TELEGRAPH Shareholders in Rentokil Initial , the pest control- to toilet cleaning business havehadabumpy ride over the last couple of years but last week James Wilde, newly appointed chief executive, announced upbeat interim results with profits up 7.4pc. So far Wilde appears to have impressed the City and, despite the recent lift in the share price to 210p, we think they have a lot further to go. It has been two and a half hard years for Acal the distributor of telecoms equipment and information technology components. Full-year results announced in June saw profits slip 6pc but the picture is not all gloom. Acal pleased investors by increasing its dividend and has also managed to make higher gross margins. Shares a renot cheap at 597.5p but are worth snapping up in the hope that trading has stabilised. Linx Printing Technolo-gies makes continuous ink jet See inkjet printer. printers which are used to put bar codes on billions of packages,bottles and jars. The small Cambridgeshire company has done particularly well in the AsiaPacific region and a new distribution system offers hope for the situation in the US. With analysts predicting a rise in profits,buy at 323.5p. One of technology integration and IT solutions company Morse 's strengths is that it continues to provide services for clients after the initial system is installed. But as a European partner for a handful of UScomputer giants, it came as no surprise when Morse admitted on Friday that its sales had slumped. From being just in profit last year it was now facing a loss but,at 142.5p, worth buying now for recovery. SUNDAY TIMES Shares in Griffin Mining perked up last week when the company announced that it had raised pounds 1.68mfrom the issue of new equity. But more meaningful news is expected this week with the publication of a feasibility study "A Feasibility Study" is an episode of the original The Outer Limits television show. It first aired on 13 April, 1964, during the first season. It was remade in 1997 as part of the revived The Outer Limits series with a minor title change. on its main prospect, the Caijaying gold mine in China. At 19p, a speculative buy. |
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