BROKER RECOMMENDATIONS

Date Broker Recommendation Price Old target price New target price Notes
08 Jul RBC Capital Markets Outperform 196.75 - 280.00 Reiterates
30 Jun Credit Suisse Neutral 196.75 225.00 225.00 Reiterates
13 Jun Deutsche Bank Buy 196.75 240.00 245.00 Reiterates
12 Jun Cantor Fitzgerald Buy 196.75 250.00 250.00 Reiterates

Dumped mine first thing this morning .

SNAP.

Sods law they bounced GF :)

Yep I had that sick feeling in the pit of the stomach later this afternoon when I saw how they had recovered.

Never mind plenty of more set ups to come.

RBC Capital Markets Outperform 193.35 193.10 - - Reiterates

Deutsche Bank Buy 193.35 193.10 245.00 245.00 Reiterates

Yep looks like every Broker and his dog are recommending these now.

Ahhhh cant get too greedy.

Yes i got this one wrong yesterday ,won't be the first or last time.

Share Magazine's Griller subject today. SP at a 2 year low with a juicy 5.6% divi and a PE of 13, possibly a decent entry point or destined for further weakness, any views.
2517

Ex-divi 28th May 2015 (6p)

What are your views here Harry/anyone?

Sorry to say have not done any research on this one. Quite often I root around for stocks which are coming up to divi and yielding more than 3%, which this was at the time, but as it's ex-divi tomorrow, I assume we can expect a drop in the sp to compensate. Not one I hold at the moment. Have dumped all my QPP at a small profit (thankfully) so am hunting around for a slightly safer haven (hence my MXF question).

Thanks Harry - the ex-divi was what afftracted me.

Have a look at MARS,PEW,CWC & HICL - all ex tomorrow and perhaps KCOM.

Thanks for the tips......but anything less than 3% yield isn't really on my radar. You can now get 1.8% in a savings account with no risk, so am determined to find better than that if I can. (SSE maybe??)

Yes I have SSE @5.25% & NG.@4.61%




MARS yield @3.9%
PEW yield @5.11%
CWC yield @3.5%
HICL yield @5.9%
KCOM yield @4.8%



A couple of other :-

RECI yield @6.1%
SREI yield @4.61%

Sorry, yes thanks. Was looking at interim or final divi yield only in isolation.

Harry, have a look at the INFINIS thread they have today declared a final dividend of 12.2p, which should be paid in August - which at yesterday's closing price @179, gives an interim yield of @6.8% .

This has pinged up on my radar again. Brokers seem to like it and yield is forecast to be over 6% for the next few years. Gently falling PE and EPS growth looking good.
(Off topic.....Skinny, have you ever looked at JLIF? Figures look good...am currently researching.)

I have some of these acquired from 171-181

I was attracted by the dividend, chart for last 10 years and a bottom from the 2011 and 2012 which I didn't expect to be retested.

I don't have my notes to hand right now it's getting beaten up due to weak euro which maybe has started to turn in the right direction over the last few sessions

Premier Farnell plc - Trading statement
Premier Farnell plc ("the Group"), a global leader in the high service distribution of technology products and solutions, today issues a trading statement to update its outlook for the second quarter(Q2) and first half of the current 2015/2016 financial year. The Group's interim results will be published on 17th September 2015.

Following our first quarter (Q1) trading update in June, Group sales per day momentum has slowed significantly, particularly in our North American and UK markets. Group sales growth per day in the second quarter is now expected to be 1.2% versus the 5.4% delivered in the first quarter. Excluding Raspberry Pi, Group sales per day growth is expected to be 0.8% in the second quarter, compared to 1.9% in the first quarter.

Reflecting the trading performance and the impact of current exchange rates, we now expect adjusted operating profit in the first half to be down approximately 10% on the first half of last year. This excludes the impact of a circa £2.0m provision release relating to the successful outcome of a potential legal action. Including the provision release, adjusted operating profit is expected to be approximately 6% down year on year.

Laurence Bain, Group Chief Executive, commented:
"Despite implementing a number of initiatives to drive sales and expand our gross margin, we have been impacted by a slowdown in and a more difficult trading environment since we reported our Q1 numbers. Although we continue to focus on delivering the cost savings identified in our global operating model, given the recent weakness in some of our core markets and prevailing exchange rates, we now expect adjusted operating profits in the second half to be at similar levels to those in the first half (excluding the benefit of the £2.0m provision release).

In light of these challenging trading conditions, the Board has recently commenced a review of the Group's operations and will provide an update on this review in September as part of the interim results announcement."

Oh well - one for the dividend pile for the moment.