Friday, 15 June 2012
Centrica (CNA) a BUY at 320p
Now that International Power shareholders have finally succumbed to the approaches of the French utility GDF-Suez, it leaves one less choice in the portfolio of UK-listed domestic utilities. Centrica is an interesting option for a switch. It is a diversified operator, pays out a decent dividend and has been on the receiving end of takeover speculation. Businesses include oil and gas exploration and production, known as upstream, and downstream; covering gas and electricity retail. In the words of the company's own website, it "sources, generates, processes, stores, trades, supplies and services energy."
Read the full story here:
http://www.shareworld.co.uk/index.php/share-spotlight/june-14-2012/
Saturday, 2 June 2012
Randgold Resources (RRS) - Buy at 5215p
Randgold Resources is a FTSE 100, and Nasdaq 100 stock, currently valued at around £4.8bn. Its operations are mainly in West Africa. The main production comes from three projects in Mali, which consists of their Morila, Loulo and Gounkoto mines. These mines account for around 70 per cent of annual production. Rangold also has a mine at Tongon in the northern Ivory Coast, and a further mine is in development in the Democratic Republic of Congo in conjunction with South Africa's Anglogold Ashanti. The company also has various exploration programmes in the above mentioned countries, in addition to Senegal and Burkina Faso.
Read the full report in Redmayne Bentleys Share Spotlight, on ShareWorld.
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