Stock Watch 14 September 2010

The Share Centre’s top 5 customer buys from the last 7 days

1. BP – Investors hoping that finally a line can be drawn under the Gulf of   Mexico situation.
2. Sirius Exploration – Share price falling after initial excitement that BHP may make a bid.
3. Berkeley Mineral Resources – Penny exploration company strikes it lucky and investors follow.
4. Bowleven – One of the Share Centre’s top recommendations.
5. Barclays – Weakness deems to be an opportunity for investors.

The Share Centre’s top 5 shares to follow:

1. Glaxosmithkline Lower Risk – Good yield and issues with US resolved.
2. Tesco Lower Risk – Buy ahead of Christmas trading.
3. Royal Dutch Shell ‘B’ Medium Risk – Good alternative to BP, also attraction of a dividend.
4. Stobart Group Medium Risk – Share price has been weak lately, opportunity to buy we feel.
5. HMV Higher Risk – Buy after results and ahead of Christmas.

Ratio of buys to sells = 54:46%
Top 5 most searched for companies on www.share.com


1. ROK
2. Sirius Exploration
3. Banco Santander
4. RBS
5. Punch Taverns


The Share Centre’s Share of the Week
Company: HMV    Share price: 59p    Sector: General retailers
Recommendation:    Buy
Risk category:    High
Investment class:    Balanced
Opinion:
In late March HMV issued an update on its new strategy going forward and this was received positively.

HMV will look to utilise the fact that they are the last remaining high street entertainment specialist after Virgin and ZiZi went into administration. Also HMV will be entering into the live music market through a broader live music and digital presence after its purchase of Mama Group for £46 million last year and joint venture with digital media group 7digital. Mama was the UK's second largest multiple venue operator.

Q1 figures released in early September have unfortunately not lived up to expectations. The World Cup has been blamed for sales of music falling and the lack of people reading books.

HMV will now be hoping that Christmas will provide a boost and that profits will start to return along with customers. These figures are a blow but with Christmas approaching we will give them the benefit of the doubt.

In our view these are still high risk and the dividend, which has not yet been cut, is the only saving grace for now, but the adventurous should still have a go. If a profit is made quickly we would certainly suggest taking it.

THIS DATA IS PROVIDED BY SHERIDAN ADMANS, INVESTMENT ADVISER AT THE SHARE CENTRE. THIS IS NOT INTENDED TO CONSTITUTE AN OFFER OR AGREEMENT TO BUY OR SELL INVESTMENTS.

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2010-09-15 17:16:19 © Moneyextra.com