Stock Watch, 12 October 2009

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

1. Lloyds – Investors still buying despite concerns over possible rights issue.
2. RBS – Investors still buying despite concerns over possible rights issue.
3. Balfour Beatty – After recent weakness due to rights issue investors pile in.
4. Gulf Keystone – The group’s potential resources continue to interest investors.
5. BPC – Recommendation in tip sheet finds lots of following.
 

The Share Centre’s top 5 shares to follow:

 

1. National Grid Lower Risk – Defensive nature of business will be attractive if market rally peters out.
2. GlaxoSmithKline Lower Risk – Pharmaceutical giant looks worth tucking away.
3. Northumbrian Water Medium Risk – Weakness ahead of OFWAT review could make it worth buying now.
4. Compass Medium Risk – Results read very well.
5. Bglobal Higher Risk – Smart Meter producer and installer, worth a closer look.
 

Ratio of buys to sells = 62:38%



Top 5 most searched for companies on www.share.com

1. Standard Life
2. Friends Provident
3. Xstrata
4. Ashtead
5. Opsec Security

 

The Share Centre’s Share of the Week 12/10/09

Company: Bglobal   
Share price: 50.00p   
Sector: Support Services
Recommendation:    Buy
Risk category:    High
Investment class:    Growth
Opinion:

More than 47 million homes and 2.2 million businesses are suitable for smart metering, this technology could allow you to help reduce your costs, cut carbon emissions and get proper control over when, where and how you use your electricity and gas.

Bglobal to our knowledge is the only listed company that provides this service, it is easily the biggest at the moment and certainly attracting attention from big utility providers as well as businesses. New customers in the first half of the year that signed up included Yorkshire Building Society, Marriot Hotels, Schuh and Superdrug. The biggest and most impressive deal to date though is With Gazprom, for which they will supply and install smart electricity meters for all the Russian companies UK business customers.

Monthly targets are being beaten and in September 4,000 meters were installed and talks are underway to increase monthly completions. It is still early days within this sector but certainly worth the gamble getting on board now.

Bglobal trades on the AIM market and cannot be purchased in an ISA.

 

This data is provided by Nick Raynor, investment adviser at The Share Centre. This is not intended to constitute an offer or agreement to buy or sell investments.

Moneyextra.com recommends you take independent financial advice before acting on any article

2009-10-13 13:53:19 © Moneyextra.com