Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Sunday share tips: Bango, Harworth

(Sharecast News) - The Sunday Times's Lucy Tobin recommended shares of Bango to readers, telling them that the price had further to run even after their year-to-date surge. Bango's mobile payments platform was now used all the big app stores, including those of Google and Amazon, allowing users to charge their phone accounts for purchases and feeding an eightfold jump in Bango's sales between 2016 and 2022.

The same platform was also licensed to clients in the telecoms sector who used it to sell product bundles fro its digital vending machine.

The firm also used its enormous vault of data so that app developers and merchants could target paying users.

Some analysts also believed that the recent purchase of NTT Docomo's global payments arm had transformed the business case.

So trading on a price to earnings multiple of 13 for 2024 the shares offered good value, Tobin judged.

The Financial Mail on Sunday's Midas column told readers to hold onto shares of Harworth.

Harworth owned approximately 100 former mining sites that were in various stages of renewal and reconstruction.

Ultimately, roughly 30,000 homes would be built on that land, as well as offices, warehouses and parks.

Furthermore, when the current boss, Lynda Shillaw came in during 2020, the company's assets were valued at £500m, but her goal is to double that number by 2027.

The shares had fallen from 154p just before Shillaw joined - and Midas recommended the shares - to 120p.

That was less the 190p per share at which the assets were valued.

"This discrepancy reflects concern about the wider property market, but it should reverse as Shillaw continues to deliver her strategy. Many employees come from mining backgrounds too, so they are deeply committed to the business.

"Existing shareholders should stick with it. New investors could grab a bargain at current levels."

Share this article

Related Sharecast Articles

Thursday newspaper round-up: Solar panels, OBR, Chevron
(Sharecast News) - California's home-insurance safety net does not have enough money to pay all of the claims from damage caused by the Los Angeles wildfires and has asked private insurers to contribute $1bn toward those claims. All private insurers operating in California are required to contribute to the Fair plan, a plan of last resort established so all Californians would have access to fire insurance. More than 450,000 California homeowners got their insurance through the Fair plan in 2024 - more than double the number in 2020. As of 4 February, the plan had received more than 4,700 claims from the Palisades and Eaton fires, almost half of which were for "total losses". - Guardian
Wednesday newspaper round-up: British economy, Heathrow, FOS
(Sharecast News) - The British economy is on course to expand by 1.5% this year after the budget gave a boost to public spending but could be blown off course if Donald Trump goes ahead with threatened tariffs, a leading economic thinktank has warned. In a boost to Rachel Reeves after a bruising month of negative economic figures, the National Institute of Economic and Social Research (NIESR) upped its annual growth prediction from 1.2% to 1.5%. - Guardian
Tuesday newspaper round-up: OpenAI, EVs, gas prices
(Sharecast News) - Elon Musk escalated his feud with OpenAI and its CEO Sam Altman on Monday. The billionaire is leading a consortium of investors that announced it had submitted a bid of $97.4bn for "all assets" of the artificial intelligence company to OpenAI's board of directors. The startup, which operates ChatGPT, has been working to restructure itself away from its original non-profit status. OpenAI also operates a for-profit subsidiary, and Musk's unsolicited offer could complicate the company's plans. The Wall Street Journal first reported the proposed bid. - Guardian
Monday newspaper round-up: Service charge, BP, Heathrow, Elon Musk
(Sharecast News) - An increasingly complex tax system is burdening the government and businesses with hundreds of millions of pounds more in administration costs, Whitehall's spending watchdog has warned. The report by the National Audit Office (NAO) also said "poor levels of service" meant some taxpayers and their representatives were "finding it more difficult to deal with their tax matters and are losing trust in HM Revenue & Customs [HMRC]". - Guardian

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.