SUNDAY NEWSPAPERS SHARE TIPS: Anglo Asian mining and Dunelm

<pre><pre>SUNDAY NEWSPAPERS SHARE TIPS: Anglo Asian mining and Dunelm

We pick up the tips for sharing the Sunday newspaper. This week, Midas is watching Anglo Asian Mining, while the Sunday Times assesses the prospects of furniture maker Dunelm.


Anglo Asian Mining has survived the war. Shares in gold mining in Azerbaijan shot up after joining Aim, the junior stock exchange of the London Stock Exchange, in July 2005, from 77p to more than 120p by the end of the year.

They have never been anywhere near that level since then. Shortly after the financial crisis, the shares fell to a low of less than 4 p and even today Anglo's share in Asia is still trading at just 45 p.

But the future is starting to look a lot clearer. Anglo Asian now produces gold, copper and silver, is one of the cheapest operators in the industry and is on the point of paying shareholders a monthly dividend. The stock should respond.

Dividend-paying gold stocks are a rarity on Aim, so the announcement could be an incentive for the share price.

Up-to-date exploration updates should also help, as the company hopes to increase gold production to more than 100,000 troy ounces per year by 2021.

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Midas statement: Anglo Asian increases production, reduces costs and has money in the bank.

Directors hold more than 40 percent of the shares, so they are clearly encouraged to let the company work and the expected news of a share dividend is a sign of confidence.

The gold price has also risen, amid the growing fear of the impact of trade wars on economic growth.

Anglo Asian has been disappointed in the past, but with 45p the shares could offer significant benefits.

>>> Read the full Midas column here


& # 39; Dunelm & # 39; s drop in prices of nearly 12% last week tells you a lot about the problems retailers face & # 39 ;, writes Sabah Meddings of the Sunday Times.

& # 39; The chain from home accessories to furniture did not record rising profits. Also the new chief executive, Nick Wilkinson, did not announce a major acquisition. Dunelm only said that pre-tax earnings (flat at £ 93.1 million) were in line with analysts' expectations. & # 39;

Meddings says investors are reassured, despite a £ 8.4 million hit due to the integration of internet company Worldstores in 2016 – which Wilkinson admitted had reduced the "focus" of the company.

That focus should now return to improving profit margins and managing equities better, while the company also pledged more emphasis on digital sales and a TV advertising campaign.

& # 39; All Wilkinson developments will be critically reviewed in the coming year: it is a difficult environment and people with large shopping centers are vulnerable. Even the new chief executive admitted it was a "difficult and disappointing" year, "says Meddings.

& # 39; However, if the only specialist in household items – now with a stronger online offer, will soon be recording and recording – there must be rewards if he succeeds. The shares have dropped by 24% in the past 12 months, leaving room for a meaningful recovery when Wilkinson executes his plan. & # 39;

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