P221 ORACLE 221 Sun17 Oct ITN 2210:00   3/3     — WHAT THE BROKERS SAY — Simon and Coates have considered the recently-formed Meyer International timber group. The recent relative weakness caused by the Swedish devaluation provides an excellent buying opportunity, they say. The industry is recovering rapidly and the group's high debt level will make it a major beneficiary from falls in interest rates. At 395p at the time of review, the shares on a forecast price earnings ratio of 13.3 to yield 6.3%. >>>>>
P221 ORACLE 221 Sun17 Oct ITN 2201:00   2/3     — WHAT THE BROKERS SAY — Builders Higgs and Hill are a buy. This is the message from brokers Grieveson Grant. The company's earnings recovery since the 1979 setback has been impressive, they say, and the balance sheet is considerably stronger. The rate of increase in dividend payments over the past few years has been particularly notable, the brokers add, and they expect further increases. "In spite of the recent relative strength of the shares, the prospective ratings are far from demanding," they conclude. >>>>>
P221 ORACLE 221 Sun17 Oct ITN 2200:00   1/3     — WHAT THE BROKERS SAY — Sheppards and Chase have been looking at Minet Holdings, a share they think will rise in price. They believe there are signs of an upward trend in the reinsurance market and this should be strengthened by lower interest rates. Premiums should firm in 1983, they add, and the whole broking sector will then re-establish a rating above the general market average. Sheppards say investors should put a good slice of their funds into the insurance broking sector, with Minet standing out. >>>>>