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The Money Log

UK Share Tips for 2007

The UK Mail on Sunday has five top share tips for British investors.

Pointing out that 2006 was a much better year than predicted, the runes say that the coming 12 months will be “rocky”. However, we’re assured that the following stocks will perform well whatever the state of the markets :

1. Barclays : This is one of the world’s top banks with a strong High Street network of retail branches, as well a top flight investment bank. It also boasts a very successful fund management division with fast-growing international business interests. Its shares are rising because it has become the subject of a number of takeover attempts in recent times.

2. Biffa : This company collects, treats and recycles rubbish (garbage) for 80,000 customers worldwide. Biffa has been quoted on the London Stock Exchange since October 2006. Prior to its IPO it was part of Severn Trent Water company. The sector is a buoyant one and, it’s believed, Biffa’s management team will make the most of it.

3. Halfords : While the retail sector is expected to be flaky for most businesses, Halfords may well be the exception. It’s the largest seller of car and bycycle parts in the UK and has benefited from a raft of safety legislation in recent years. Analysts expect it to perform well in 2007.

4. CONCATENO : This company is involved in testing for drugs and alcohol — a growing service across the board — advising companies from building to shipping. It works with a number of public sector bodies. It is expected to come into its own this year and trades on the AIM (Alternative Investment Market).

5. Afren : Afren is an oil and gas exploration company run by a former head of OPEC. Its mission is in Africa and is seen as helping rather than exploiting local resources. Many experts think its time has come and it should rise well above its 57p share price in the year ahead.

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