Sunday newspaper share tips

EACH week, we round up the main share tips from the Sunday newspapers. For the Mail On Sunday's renowned Midas column

Sunday Telegraph

Shares in ITV have risen 23% to 128½p since last September but should have further to go as the broadcaster benefits from cross promotion of its channels and sponsorship deals. While ITV still faces long-term challenges, it is thought that institutional investors may have under-estimated its ability to grow profits over the next few years.

Spectris, a specialist in precision engineering, pleased analysts last week by announcing a better-than-expected rise in revenues. Despite a strong performance for its share price over the last two years, the stock - at 500p - still looks cheap against the rest of the electronic equipment sector.

Marine services group James Fisher recently pulled off its biggest acquisition - £12m for FenderCare, a leading supplier of large-scale pneumatic products. But the group is already growing strongly and recently announced a 29% gain in full-year profits. With brokers expected to upgrade profit forecasts, shares should continue to climb, from their current point of 329½p.

ITE Group has overcome the saturated market for trade and exhibition organisers by cashing in on fast-growing industry in the former Soviet Union. It has managed to sign long-term contracts for the best shows at the best venues and looks like a company on a steady path to growth. Buy at 98p.

Adamind, a specialist in software that enables different types of data to be sent between mobile phones, celebrated its arrival on the junior AIM stock market by securing a contract with US group Verizon. Adamind is forecast to break even in 2006 with shares seen as a risky punt at 146p.

The Business

Coffeeheaven appears to have plenty of growth opportunities in its coffee bar business, which currently features 34 sites, of which 25 are in Poland. Andrew Griffiths of Aim & Ofex newsletter said investors will need to be patient but that there remained the possibility it could be a target for international chains. The penny shares - 1.35p to buy - are a speculative bet.