Top Ten Retail Investor Buys & Sells for week ending 30 March 2007

Angus Rigby, Chief Executive Officer, TD Waterhouse, commented: Recent market jitters and last week’s mixed reaction over the Chancellor’s Budget have calmed this week. However, it hasn’t all been good news in the telecoms and technology sectors. Specialist camera retailer Jessops issued another profit warning, the third in less than three months, which sent its share price tumbling by 55 per cent. It has not been a pretty picture for the Company in recent months. Like for like sales are down 5.2 per cent on the past four weeks and the value of its shares has now fallen by over 85 per cent for the year. The stock has been popular with our investors this week on the back of this news.

Elsewhere on the market, stock in the broadband and telecoms services provider Pipex has attracted investor interest this week as sell-off speculation emerges. Shares in the Company which uses ex-Baywatch star David Hasselhoff to advertise its products are currently trading at around 16p, dipping slightly after reaching yearly highs last week. In addition to cheap calls and broadband connections, Pipex also has a licence to run a national wireless broadband network. This has attracted interest from the likes of BT which is looking to take a hold over the mobile telephony market. BT joins the queue of possible bidders including The Carphone Warehouse, BSkyB and Virgin Media who are all said to be tabling offers for the broadband provider.

Meanwhile, electric-powered vehicle maker Tanfield Group surged ahead this week with strong full-year profit and turnover figures as it expands into new markets and sectors in the US. The Company’s share price is up by an impressive 445 per cent for the year to 105p per share. Tanfield has profited from the growing demand for zero-emission vehicles as Brown encourages the UK to turn green to combat the onslaught of global warming.

Top 10 Buys
1 Partygaming
2 Barclays
3 Pipex
4 Jessops
5 Biofuels
6 Vodafone
7 BP
8 Lloyds TSB
9 Glaxosmithkline
10 Tanfield Group


Top 10 Sells
1 Partygaming
2 BP
3 Barclays
4 Lloyds TSB
5 Scottish Power
6 BHP Billiton
7 Biofuels
8 Pipex
9 Tanfield Group
10 HSBC