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Sunday tips round-up: Cluff Gold, Planet Payment, SSL

Sun 14 February 2010 12:57

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There are uncertainties over the gold price because of recent strength in the dollar. If there are any more debt crises in southern Europe then the US currency is likely to continue to strengthen.

However, companies that are ramping up production are still good investments - and news from Cluff Gold last week was upbeat. Should production targets be met, this year looks like it will be transformational for the group. Cluff Gold is a buy for the more speculative part of your portfolio, says the Telegraph.

Planet Payment shares are trading at 110p and have ridden the financial storm relatively well. But the business should deliver strong sales and profit growth over the next few years, so the stock should rise. Buy, says the Daily Mail.

Condom and footwear group SSL International plans to increase its earnings per share by 50pc over the three years to March 2012. The group's impressive growth targets over the next two years mean that the shares are trading on a high rating.

The March 2010 earnings multiple is a heady 23.3 times, but this falls to 19 in 2011 and 16.3 in 2012. SSL's superior growth prospects mean this rating is justified. The stance remains buy, according to the Telegraph.

On Friday, Collins Stewart became the eighth independent broker to initiate coverage on Gulfsands Petroleum with a buy rating. With a significant amount of newsflow from drilling to come, the shares remain a buy. However, you must note that all drilling programmes carry a degree of risk, says the Telegraph.

Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.
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No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.

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