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: tinyBuild, Ocean Harvest Technology

(Sharecast News) - The Sunday Times's Lucy Tobin told readers to buy shares of game developer tinyBuild.

Yes, the size of the video games market in the UK had shrunk by 5.6% in 2022, as Britons came out of the pandemic and the cost of living crisis squeezed purses.

But whereas in March 2021 the shares were changing hands on a price-to-earnings multiple of over 50, nowadays they were trading at 6.2.

And according to analysts at Liberum "the valuation looks wrong", Tobin said.

The software developer also had a burgeoning pipeline of upcoming titles to look forward to with games including I Am Future, Once Upon a Time in Roswell and Pigeon Simulator.

Together with its back catalogue, that was expected to push sales from $63m in 2022 to $74m by 2024 and $84m by 2025.

"Some titles may wobble, but gaming still has a big following. tinyBuild is a reliable developer of popular titles and its shares are in the bargain basement. Buy."

The Financial Mail on Sunday's Midas column recommended shares of recently-listed Ocean Harvest Technology to its readers.

Ocean Harvest had built a network of seaweed harvesters, mostly in South East Asia, who would then ship it to its processing facility in Vietnam where it made pellets, meal, powder and granules that were crafted to suit the various types of animals.

Revenues were up by 67% to €2.5m in 2022 and further rapid growth was expected for the current year.

Farmers spent over £30bn per year on animal feed and the market was expected to grow at an annual clip of 6% - with natural products increasingly favoured.

Seaweed had a very beneficial effect on animals, leading them to eat less, grow more and cutting down on premature deaths.

In the case of dairy cattle and hens, both had been shown to become significantly more productive.

Having listed in London during the previous week, the company was soon expected to switch to reporting in sterling.

"Demand for meat and fish is rising and demand for animal feed is growing in sync," Midas said.

"Natural additives help farmers to do more with less and seaweed is up there with the best of them, making animals healthier, happier and more productive. Ocean Harvest Technology is a true pioneer in this field and the shares, at 17.6p, should go far."

Share this article

Related Sharecast Articles

Wednesday newspaper round-up: Thames Water, Johnson & Johnson, BoE
(Sharecast News) - Thames Water may need as much as £10bn in debt and equity investment to repair its finances, according to a representative of creditors hoping to lend the struggling utility another £3bn. London's high court heard evidence on Tuesday that suggested the UK's largest water company may need significantly more resources than the roughly £6.3bn it has previously indicated. - Guardian
Monday newspaper round-up: Zero-hours contracts, Barclays, Asos
(Sharecast News) - Hundreds of thousands of British workers are on zero-hours contracts despite being with the same employer for years, according to analysis from the TUC. The majority of zero-hours contract workers have been with their employer for more than 12 months, while one in eight have not been granted regular employment rights after more than a decade working in the same place, the organisation said. - Guardian
Friday newspaper round-up: Apple, Daily Mail, OpenAI, Homebase
(Sharecast News) - Apple slightly beat analysts' expectations in its first-quarter earnings for fiscal year 2025 on Thursday. The iPhone-maker's revenue rose by 4%, coming in at $124.30bn, barely above estimates of $124.12bn. Earnings per share were $2.40, just ahead of analysts' expectations of $2.35. Shares rose more than 8% in extended trading after CEO Tim Cook indicated in an earnings call on Thursday that Apple is on the trajectory for revenue growth next quarter. - Guardian
Thursday newspaper round-up: Car production, UK retailers, water bills, KPMG
(Sharecast News) - The architect of a ban on newspaper takeovers by foreign states has demanded that an Abu Dhabi fund be forced to sell The Telegraph by Easter. Baroness Stowell, the Conservative chairman of the Lords communications and digital committee, said the Government should impose an ultimatum on RedBird IMI. It should be backed by the threat of regulatory action, she said, to strip the fund of control of what has been dubbed "the newspaper auction from hell". - Telegraph

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.