At 948p the shares have been underperformers for a year, but the core business seems ready to grow. If the company's exploration projects in the former Soviet Union come to fruition, Henderson Crosthwaite reckons the shares would be worth 421p. This is a big if, but buy if you're game for a rollercoaster ride BCE Holdings is one of the few quoted computer games software developers. Wm Morrison , at 143p, stands out as a bid candidate, with Asda a potential suitor. Engineer and playground equipment maker Roxspur which saw its shares suspended last month at 6.5p.
Trading is said to be poor, with cashflow problems present.
A rights issue might be pitched as low as 1p a share, and even if the shares fall further still when requoted, they should be avoided. What Everyone Wants has failed to capture the attention of shoppers, and City expectations are low following a profits warning in June. The shares, languishing at 16p, should be sold. Ransomes , the grass machinery maker, has renegotiated its debts and won a new contract to supply US golf courses with its equipment. Next week's prelims should show improving profits, but the company's recovery is already reflected in the share price of 60p.