Friday tips round-up: Hansteen and Spirent

23rd Dec 2011 06:53

The Times's Tempus column looks at property investment firm Hansteen which yesterday announced a £150m deal to buy the assets of a (possibly) distressed industrial property company.Tempus does a good job of explaining the rather complicated holding structure for Hansteen's purchase but the essence is fairly straightforward. The company buys overlooked properties with a lot of vacancies, then seeks to boost yield. On the management's track record Tempus says buy.The Times also gives a warmish greeting to Spirent Communications, which makes testing systems for things like mobile phones and tablet computers. With its market cap at just eight times earnings Tempus things it could be a decent buy when sentiment switches back to technology.BSPlease note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.