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Top Ten Retail Investor Buys & Sells for week ending 6 July 2007

6th July 2007 Print
Angus Rigby, Chief Executive Officer, TD Waterhouse, commented: This week, market talk has been dominated by interest rates as the UK braced itself for a tightening of the belt with another 0.25 % hike. Yesterday, businesses expressed anger towards the Bank of England for delivering this; the fifth rate rise within the last 11 months, arguing that it will be detrimental to the UK economy. This hasn't deterred resilient UK investors this week who continued to buy and sell strongly up to and following the interest rate decision.

Vocational training company Carter & Carter sees both strong trading and media interest this week. The share price is down almost 60% on last week, following a recent profit warning which reported that profits for the year to end July would be lower than expected after a disappointing take-up of the government's Train To Gain programmes. The Company suffered a number of blows recently, in May when its chief executive died in a helicopter crash and has since suffered from speculation surrounding banking difficulties. Despite plummeting share value on the back of this, TD Waterhouse customers seem optimistic for the future, continuing to buy the stock as the group makes efforts to appoint a new chief executive this autumn.

Worthington Nicholls, the air conditioning and ventilation provider was also popular amongst our investors this week boosted by reports that current trading information provided during its first-half results last week are less than half the actual level. Worthington stock dropped after posting interim losses last week but the share value remains up over 80 per cent year on year boosted by a multi million pound nine-year contract with a unit of InterContinental Hotels Group.

AIM-listed miner Cambridge Mineral sparkles this week after news emerged that the Company is evaluating a number of uranium deposits in Bulgaria to take advantage of soaring uranium prices. The share price was on the way back up to its 52-week high price of 4.75p hit back in November but has since tailed off and falls by 13 per cent this week on last.

Meanwhile, Cambridge- based software company Autonomy Group has been sold by our traders this week after announcing the acquisition of Zantax, a US electronic archive storage and retrieval service, for $375m (£186m) in cash. The group recently demerged its consumer arm, the online video search engine Blinkx, to concentrate on its core corporate business. Shares surged this week after an upbeat trading statement in which the Company reported expected growth thanks to a strong uptake of online video and audio services by its clients.

The Top Ten buys and sells are measured as the number of trades carried out in each stock over the previous 7 days.

Top 10 Buys
1 Northern Rock
2 Partygaming
3 Carter & Carter
4 Royal Bank of Scotland
5 Worthington Nichol
6 Tesco
7 Tanfield
8 Barclays
9 Lloyds TSB Group
10 Cambridge Mineral


Top 10 Sells
1 Vodafone
2 BP
3 Autonomy Group
4 Partygaming
5 BT Group
6 Barclays
7 Tesco
8 British Airways
9 Carter & Carter
10 Experian Group