Press tips: Morgan Sindall, Dragon Oil, Pendragon

By Sharecast, 22 February 2012

In the Times, Tempus points out the long term strategy of construction firm Morgan Sindall . It is using earnings from core construction work to invest in regeneration projects, like town centres. It may well pay off, thinks Tempus, highlighting the 6 per cent yield, but in the near term profits will be hard to come by: "a long term play" is the conclusion (Last IC rating: Buy, 21 Feb).

Dragon Oil , which is rumoured to be bidding for smaller outfit Bowleven, has lots of cash, says Tempus but, as ever with oil companies, would be a speculative buy (Last IC rating: Hold, 21 Feb).

The auto trader, Pendragon , which has seen a big share price rise in recent months, is seen as a risk, with the car market likely to remain flat until at least June (Last IC rating: Good value, 23 Aug).

In the Telegraph Questor is crowing over its recommendation for Croda , the speciality chemicals firm. Since the first tip in 2008 the stock has gained 445 per cent and is now a candidate for entry into the FTSE 100 when the reshuffle is announced in March. Croda's stellar rise has left it at 15.6 2012 earnings with a yield at 2.7 per cent. Questor thinks the shares may "take a breather" and suggests holding for now. For investors already into the stock, the suggestion is to sell half the position to take profits (Last IC rating: Buy, 21 Feb).

visible-status-Public story-url-PressShareTips_220212.xml