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Sunday Newspaper Tips     

Kam-MoneyAM - 16 Nov 2003 10:59

SHARE TIPS FROM THE SUNDAY NEWSPAPERS
Sunday TimesToy maker and retailer Games Workshop (731p) is investing in an online gaming platform that it hopes will boost both sales and profits. The firm, which reported earnings of 17.5m on turnover of 129m in the last financial year, recently profited from its Lord of the Rings range. It will introduce Warhammer Online next year. Analysts say the potential for multi-player online fantasy games is huge, and the shares could be a good buy.

The Business GlaxoSmithKline (1390p) has faced criticism over its lack of near-term drugs to fill the gap left by blockbusters coming off patents. But the company is readying itself for a research and development day next month to present early-stage products in its pipeline. GSK has a relatively low value at present and investors might want to take a bet on its stock in the medium-term, says the newspaper.

Independent on Sunday Publisher EMAP (841p) reported increased sales and profits last week as the popularity of celebrity titles Heat and Closer off-set a tough advertising market. EMAP seems to be recovering from its disastrous and expensive foray into the US market and concentrating on what it does best launching new titles, like its pending men's weekly. Its shares look cheap, and will look cheaper still if the advertising market picks up.

Sunday Telegraph Lloyd's of London insurer Wellington Underwriting (80p) set up a Bermudan reinsurance operation with a group of venture capital firms last year. The business, Aspen Re, now plans to float in New York, allowing Wellington investors to put a value on its 19.5% stake concern over which has held back the shares in recent months. Given the removal of uncertainty over Aspen, it is time to buy again.

Mail on Sunday Publisher The Future Network (58p) has had an eventful history since it was founded in 1985. It was caught up in the dotcom boom after its flotation in 1999 because of its computer magazine and website interests, and its shares peaked at 747p in February 2000.After a restructuring that saw titles close and jobs go, the firm now looks set for growth, with the prospect of a first dividend on the way.

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