Powered by

01 August 2013

Contents
Introduction .................................................................................................................................3
How to use the report .................................................................................................................4
Aerospace & Defence .................................................................................................................5
Automobiles & Parts ...................................................................................................................5
Banks ..........................................................................................................................................5
Beverages ...................................................................................................................................5
Chemicals ...................................................................................................................................5
Construction & Building Materials ...............................................................................................6
Electronics & Electrical Equipment .............................................................................................6
Engineering & Machinery ...........................................................................................................6
Food & Drug Stores ....................................................................................................................6
Food Producers & Processors ....................................................................................................7
General Retail .............................................................................................................................7
Health .........................................................................................................................................7
Household Goods & Textiles ......................................................................................................7
Information Technology & Hardware ..........................................................................................7
Insurance ....................................................................................................................................7
Leisure & Hotels .........................................................................................................................8
Life Assurance ............................................................................................................................8
Media & Entertainment ...............................................................................................................8
Mining .........................................................................................................................................8
Oil & Gas ....................................................................................................................................9
Personal Care & Household Products ........................................................................................9
Pharmaceuticals & Biotechnology ..............................................................................................9
Real Estate - REIT ......................................................................................................................9
Real Estate - REIS................................................................................................................... 10
Software & Computer Services ............................................................................................... 10
Speciality & Other Finance ...................................................................................................... 10
Support Services ..................................................................................................................... 11
Telecommunication Services ................................................................................................... 11
Transport ................................................................................................................................. 11
Utilities ..................................................................................................................................... 12
DISCLAIMER ........................................................................................................................... 13
RISK WARNING ...................................................................................................................... 14

Intellisys Intelligent Analysis Limited

www.intellisys.uk.com

01 August 2013
+44 20 3239 8994

Page 2 of 14

Introduction
The overriding purpose of this daily report is to provide users with a quick guide that will identify those
shares that merit their investment attention in an increasingly time critical and information noisy trading
environment.
The report is published daily and delivered to the subscribers personal email box, typically, before the
official open of the London Stock Markets.
Intellisys has invested considerably in identifying what it believes are the key factors that influence
investment timing. Having identified the key parameters, these have been established as rules that reflect
market dynamics and cut through the daily investment noise.
From an analysis of a years data for 40 stocks within Intellisys stock coverage, the trading indicators
appear to be, on average, about 77% accurate in identifying good trading points as well as some 74%
accurate for overall trend correlation.
The following chart provides an indication the accuracy scores for each of the 40 stocks analysed.
Individual Stock Rating & Trend Accuracy Scores
120.0%

120.0%

110.0%

110.0%

100.0%

100.0%

90.0%

90.0%

80.0%

80.0%

70.0%

70.0%

60.0%

60.0%

50.0%

50.0%

40.0%

40.0%

30.0%

30.0%

20.0%

20.0%
1

9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40
Best Buy/Sell

Trend

Source: Intellisys

However, like all trading and investment systems active position monitoring is critical for maximised
investment performance.
Therefore, Intellisys strongly recommend that its products should be used in conjunction with, and not
separate from, a subscribers existing trading system as well discussing investment options with their
chosen financial advisers.

Philip Morrish (philip.morrish@intellisys.uk.com)

Intellisys Intelligent Analysis Limited

www.intellisys.uk.com

01 August 2013
+44 20 3239 8994

Page 3 of 14

How to use the report

This daily report is typically available for download as a PDF from 7am - well in advance of the markets
open - and is based upon previous days closing prices.
We have kept the report deliberately simple for quick reading and identification of the shares most likely to
be active as can be seen from the following:

Sector
Engineering & Machinery
Stock
AGA RANGEMASTER GROUP
BODYCOTE
CASTINGS
COOKSON GROUP
FENNER
HALMA
HILL & SMITH
IMI
METALRAX GROUP
MORGAN CRUCIBLE
ROTORK
SENIOR
SEVERFIELD-ROWEN
SPIRAX-SARCO
VITEC GROUP
WEIR GROUP
Company

Closing price
Price
55.75
372.9
340
537
380
422.1
371.75
920
4.5
252.4
2332
197
135.25
2035
734
1738

Todays action
12M Lo
55.75
242.9
252.5
427.1
324.8
310.9
235
681.5
4.43
233.4
1550
153.3
128
1708
518
1397

12M Hi
92
437.1
358.5
747.5
483.7
448.5
380
1022
9
360
2387
213
219.5
2334
734
2236

Latest 12 month
Hi/Lo for the share
price

ST Rec
Buy
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Sell
Neutral

Beta
1.250
1.589
0.977
2.224
1.459
0.762
1.355
1.400
0.819
1.810
1.019
1.705
1.006
0.851
1. 466
1.390

Measures the shares

potential performance
relative to the markets
movement (see below)

Beta is a measure of a stock's volatility or risk relative to its market. The market has a beta of 1.0 and
individual shares are attributed a beta according to how much they deviate from the market.
This can be summarised as:
eta <1.0

Share should move by less than market (i.e., less risk/lower reward)

eta =1.0

Share should move in line with the market (i.e., market neutral)

eta >1.0

Share should move by more than market (i.e., higher risk/higher reward)

Intellisys Intelligent Analysis Limited

www.intellisys.uk.com

01 August 2013
+44 20 3239 8994

Page 4 of 14

Aerospace & Defence

Stock
BAE SYSTEMS
CHEMRING GROUP
COBHAM
MEGGITT
ROLLS-ROYCE HOLDINGS
SMITHS GROUP
ULTRA ELECTRONICS HDG.

Price
445.9
308
287.6
547.5
1175
1385
1816

12M Lo
300.8
217
190.1
366.2
799.39
1011
1424

12M Hi
445.9
414.7
293.4
562
1240
1396
1843

ST Rec
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral

Beta
0.676
0.655
0.834
1.296
1.012
0.774
0.508

Price
350.1
570.5
122
27.5

12M Lo
201
353.3
64.5
13.5

12M Hi
350.1
577.5
122
28.75

ST Rec
Neutral
Neutral
Neutral
Neutral

Beta
1.963
1.422
1.231
1.109

Price
287.9
747.8
68.47
317.6
1524.5

12M Lo
162.3
538.7
29.39
204.5
1228.5

12M Hi
333.85
769.9
70.03
367.8
1837.5

ST Rec
Neutral
Neutral
Sell
Neutral
Neutral

Beta
1.942
1.159
1.857
1.370
1.649

Price
541
2054
3220.5

12M Lo
415
1672.5
2599

12M Hi
588.5
2085
3657

ST Rec
Neutral
Neutral
Neutral

Beta
0.580
0.527
0.926

Price
367.5
306.6
343
2509
250.7
2835
1510
196.7
207

12M Lo
305
240
342.75
2164
201.7
2102.27
1239
139.1
170

12M Hi
397.5
406.4
503
2841
275
2836
1765
225.8
225

ST Rec
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral

Beta
#NA
1.210
0.756
1.060
1.044
1.441
1.191
1.109
0.987

Automobiles & Parts

Stock
GKN
INCHCAPE
LOOKERS
PENDRAGON

Banks
Stock
BARCLAYS
HSBC HDG. (ORD $0.50)
LLOYDS BANKING GROUP
ROYAL BANK OF SCTL.GP.
STANDARD CHARTERED

Beverages
Stock
BARR (AG)
DIAGEO
SABMILLER

Chemicals
Stock
ALENT
AZ ELECTRONIC MATS.(DI)
CARCLO
CRODA INTERNATIONAL
ELEMENTIS
JOHNSON MATTHEY
VICTREX
SYNTHOMER
ZOTEFOAMS

Intellisys Intelligent Analysis Limited

www.intellisys.uk.com

01 August 2013
+44 20 3239 8994

Page 5 of 14

Construction & Building Materials

Stock
ALUMASC GROUP
BALFOUR BEATTY
BARRATT DEVELOPMENTS
BELLWAY
BERKELEY GROUP HDG.(THE)
BOOT (HENRY)
BOVIS HOMES GROUP
CARILLION
CLARKE (T)
COSTAIN GROUP
CRH
GALLIFORD TRY
KELLER
KIER GROUP
LOW & BONAR
MARSHALLS
MORGAN SINDALL GROUP
NORCROS
PERSIMMON
REDROW
SIG
SUPERGLASS HOLDINGS
TAYLOR WIMPEY
TRAVIS PERKINS
WOLSELEY

Price
115.5
246.9
326
1380
2259
188.5
799.5
298.1
54.25
277.5
1381
991
1109
1484
67.25
152.75
670
16.75
1236
245
181.8
45.5
106.5
1702
3146

12M Lo
62
207.6
134.1
802
1387
117
452
244.8
40
209
1090
610
443.75
1106
50
77
508
10.88
580.72
126
93.05
43
46.15
1005
2287.42

12M Hi
118.5
320.8
352
1455
2325
201
851.5
331.8
61.5
306
1540
1019
1161
1486
76.75
152.75
695
18.25
1305
253.3
183
287.5
108
1710
3483

ST Rec
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral

Beta
0.524
0.825
1.614
1.004
0.566
0.760
1.113
1.099
0.797
0.513
1.052
0.949
1.263
0.935
1.054
1.318
0.692
1.070
1.040
0.888
1.724
0.880
1.622
1.921
1.367

Price
1101
634
132.5
496.3
193
1425
1570
2110
75
170.25
840

12M Lo
999.5
522
105.5
217.33
171.1
1209
1494
1506
75
114
227

12M Hi
1365
717
137.75
509.5
249.3
1752
2081
2470
303.67
178.5
898

ST Rec
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral

Beta
0.686
1.161
1.274
1.355
2.119
1.108
1.300
1.520
0.752
1.607
1.093

Price
93.13
619.5
420
424
345.4
556
438.75
1372
305.5
2656
265.7
56.25
2865
573
2149

12M Lo
54.25
323.7
291
263.19
305.9
398.5
302
802.5
220.3
2157
185.9
35.4
1932.53
559
1566

12M Hi
94
619.5
420
424
435.2
556
480
1400
305.5
3037
281.8
80.16
2928.35
740
2474

ST Rec
Neutral
Neutral
Neutral
Neutral
Neutral
Sell
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral

Beta
1.180
1.577
0.936
2.225
1.455
0.774
1.356
1.400
1.872
1.027
1.662
0.754
0.840
1.406
1.470

Price
432.8
289.1
393.6
367.3
83

12M Lo
398
248.6
320.1
307.9
23.25

12M Hi
523.5
296.4
398.5
387.75
100.5

ST Rec
Neutral
Neutral
Neutral
Neutral
Neutral

Beta
0.428
0.360
0.540
0.656
0.821

Electronics & Electrical Equipment

Stock
DIALIGHT
DOMINO PRINTING SCIENCES
E2V TECHNOLOGIES
INVENSYS
LAIRD
OXFORD INSTRUMENTS
RENISHAW
SPECTRIS
BIOME TECHNOLOGIES
TT ELECTRONICS
XAAR

Engineering & Machinery

Stock
AGA RANGEMASTER GROUP
BODYCOTE
CASTINGS
VESUVIUS
FENNER
HALMA
HILL & SMITH
IMI
MORGAN ADVANCED MATERIAL
ROTORK
SENIOR
SEVERFIELD-ROWEN
SPIRAX-SARCO
VITEC GROUP
WEIR GROUP

Food & Drug Stores

Stock
GREGGS
MORRISON(WM)SPMKTS.
SAINSBURY (J)
TESCO
THORNTONS

Intellisys Intelligent Analysis Limited

www.intellisys.uk.com

01 August 2013
+44 20 3239 8994

Page 6 of 14

Food Producers & Processors

Stock
ASSOCIATED BRIT.FOODS
CRANSWICK
DAIRY CREST
DEVRO
PREMIER FOODS
TATE & LYLE
UNILEVER (UK)

Price
1944
1150
510
312.5
87.25
839
2669

12M Lo
1267
732.5
332.9
289.9
54.5
634.5
2235

12M Hi
2031
1178
510
380
125.75
883
2885

ST Rec
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral

Beta
0.587
0.348
0.886
0.342
1.217
0.684
0.515

Price
25.38
518
1530
660
45.46
203.75
32.5
368.7
919
77.5
397.5
481.5
60.75
418.25
4990
1905
87.25

12M Lo
21.5
261.7
1000
585
15.32
58.5
19.5
203.5
651
39
262.2
334
44.75
194.75
3320
880
43.25

12M Hi
29.5
518
1541
701.5
46.16
205
34
405.2
925
80
397.5
485.4
71
492.75
5020
1909
89

ST Rec
Neutral
Sell
Neutral
Neutral
Neutral
Neutral
Sell
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Sell
Neutral
Neutral

Beta
0.673
0.472
1.266
0.894
1.458
1.051
0.999
0.678
0.508
1.190
0.867
0.606
0.983
0.384
0.588
0.543
1.503

Price
134
793
157.25
784.5

12M Lo
129.5
660.5
106.75
638

12M Hi
160
839
222.75
795

ST Rec
Neutral
Neutral
Neutral
Neutral

Beta
0.389
0.378
1.228
0.437

Price
789.5
384.5
80.5

12M Lo
587.5
272.5
55.25

12M Hi
791.5
384.5
88.5

ST Rec
Neutral
Neutral
Neutral

Beta
0.381
0.888
0.706

Price
875
569
61.5
235.1
132.1
153

12M Lo
528
308.1
28.38
235.1
118
140

12M Hi
1097
607
83.25
624
170
230

ST Rec
Neutral
Neutral
Neutral
Buy
Neutral
Neutral

Beta
0.699
1.124
0.935
1.094
0.943
0.964

Price
1403
402.1
220.5
506
650
893.5
125
484.5

12M Lo
1019
364.1
156.7
424
452.39
723
107.7
345

12M Hi
1416
435.1
242.7
552.5
650
917
136.3
507.5

ST Rec
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral

Beta
0.498
0.393
0.516
0.221
0.405
0.333
0.386
0.406

General Retail
Stock
ASHLEY(LAURA) HOLDINGS
BROWN (N) GROUP
BURBERRY GROUP
CARPETRIGHT
DIXONS RETAIL
FINDEL
FRENCH CONNECTN.GROUP
HALFORDS GROUP
JD SPORTS FASHION
DARTY
KINGFISHER
MARKS & SPENCER GROUP
MOSS BROTHERS GROUP
MOTHERCARE
NEXT
TED BAKER
TOPPS TILES

Health
Stock
BIOQUELL
CONSORT MEDICAL
OPTOS
SMITH & NEPHEW

Household Goods & Textiles

Stock
GAMES WORKSHOP
HEADLAM GROUP
HORNBY

Information Technology & Hardware

Stock
ARM HOLDINGS
CSR
FILTRONIC
IMAGINATION TECHNOLOGIES
SPIRENT COMMUNICATIONS
WOLFSON MICROELECTRONICS

Insurance
Stock
ADMIRAL GROUP
AMLIN
BEAZLEY
CATLIN GROUP
HISCOX
JARDINE LLOYD THOMPSON
RSA INSURANCE GROUP
NOVAE GROUP

Intellisys Intelligent Analysis Limited

www.intellisys.uk.com

01 August 2013
+44 20 3239 8994

Page 7 of 14

Leisure & Hotels

Stock
CARNIVAL
ENTERPRISE INNS
TUI TRAVEL
FULLER SMITH 'A'
GREENE KING
LADBROKES
ICTL.HTLS.GP.
MILLENNIUM & CPTH.HTLS.
MITCHELLS & BUTLERS
BWIN PARTY DIGITAL ENTM.
PUNCH TAVERNS
RANK GROUP
RESTAURANT GROUP
WETHERSPOON (JD)
WHITBREAD
WILLIAM HILL
MARSTON'S

Price
2543
129.3
382.2
940.75
875
213
1907
552
416.3
140.1
13
160.5
529.5
711
3230
486.5
155.4

12M Lo
2092
55.5
182
700.5
556.5
154.7
1524
456
261.8
91.9
6
116
315.5
447.9
2067
271.02
109.7

12M Hi
2628
132
382.2
958
886
243.1
2039
582.5
426.8
156
13.75
177.5
557.5
767
3230
486.5
164.5

ST Rec
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral

Beta
0.922
1.621
0.959
0.251
0.851
0.865
1.115
1.374
0.963
1.234
1.177
0.971
0.701
0.556
0.986
0.792
1.148

Price
371.5
258.25
192.9
194.2
1167
618

12M Lo
285.2
163
126.6
159.2
746
336.2

12M Hi
388.4
270
192.9
221.6
1203
640

ST Rec
Neutral
Neutral
Sell
Neutral
Neutral
Neutral

Beta
1.172
0.670
1.696
1.517
1.663
0.818

Price
138.38
828
41
806.5
1065
525
283.8
168.6
16.25
1350
93.5
286.5
35
157.5
163.75
115.5
711.5
164
1184

12M Lo
102
709
30.38
451.25
717.5
369.9
183.5
76.1
5.2
1119
38.75
265
26.85
81.5
71
31
636
97
788

12M Hi
146.5
899.5
60
818
1105
537
307.4
168.6
19
1350
95
290.75
36.45
157.5
166.5
122.25
788
166.5
1210

ST Rec
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral

Beta
0.379
0.473
1.023
1.065
0.978
1.613
1.488
1.442
1.218
0.604
0.865
0.124
0.511
0.823
1.479
1.602
1.307
0.856
1.277

Price
1408
186.5
882
1879
277.5
311.6
4770
2955
0

12M Lo
1207
161
784.5
1666.5
256.85
240.84
3972
2582
861

12M Hi
2084
290
1381
2236
397.85
411.96
7775
3757
1335

ST Rec
Neutral
Neutral
Neutral
Neutral
Neutral
Sell
Neutral
Neutral
Neutral

Beta
1.843
1.073
1.433
1.488
#NA
2.082
0.423
1.543
2.249

Life Assurance
Stock
AVIVA
CHESNARA
LEGAL & GENERAL
OLD MUTUAL
PRUDENTIAL
ST.JAMES'S PLACE

Media & Entertainment

Stock
BLOOMSBURY PBL.
BRITISH SKY BCAST.GROUP
CENTAUR MEDIA
DAILY MAIL 'A'
EUROMONEY INSTL.INVESTOR
INFORMA
ITE GROUP
ITV
JOHNSTON PRESS
PEARSON
PHOTO-ME INTL.
PINEWOOD SHEPPERTON
THOMSON REUTERS
STV GROUP
ST.IVES
TRINITY MIRROR
UBM
WILMINGTON GROUP
WPP

Mining
Stock
ANGLO AMERICAN
ANGLO PACIFIC GROUP
ANTOFAGASTA
BHP BILLITON
GLENCORE XSTRATA
LONMIN
RANDGOLD RESOURCES
RIO TINTO
VEDANTA RESOURCES

Intellisys Intelligent Analysis Limited

www.intellisys.uk.com

01 August 2013
+44 20 3239 8994

Page 8 of 14

Oil & Gas

Stock
BG GROUP
BP
CAIRN ENERGY
FORTUNE OIL
HUNTING
JKX OIL & GAS
PREMIER OIL
ROYAL DUTCH SHELL B
SOCO INTERNATIONAL
TULLOW OIL
WOOD GROUP (JOHN)

Price
1186.5
454.55
269.2
7.7
829
63.5
360.7
2319.5
367.7
1038
901.5

12M Lo
1000.5
416.6
251.8
7.15
716
48.5
321.3
2098
319.9
977
720.5

12M Hi
1350.5
483.3
309.4
12.5
941
96
401.2
2366.5
404.3
1468
906.5

ST Rec
Neutral
Neutral
Neutral
Buy
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral

Beta
0.856
1.047
1.350
0.869
1.367
1.434
1.473
0.855
0.565
1.083
1.448

Price
129.38
393.6
4679

12M Lo
101
297.2
3536

12M Hi
144.6
415.6
4950

ST Rec
Neutral
Neutral
Neutral

Beta
0.790
0.675
0.304

Price
0.44
3335
379.7
683
1684
1.5
1.33
2402
74.5
22.38

12M Lo
0.36
2792.5
300.3
473
1317.5
1.33
1.05
1727
43.5
19.38

12M Hi
3.58
3521.5
397.9
780
1782
2.8
12.75
2414
100.5
27.38

ST Rec
Buy
Neutral
Buy
Neutral
Neutral
Buy
Buy
Neutral
Neutral
Neutral

Beta
0.892
0.487
0.733
0.200
0.512
0.601
0.956
0.658
0.683
0.879

Price
435
597.5
2411
556
529.5
336.6
949
25.88
113.5
147.5
400
339
41.5
310.8
632
201.5
0.98
451.6

12M Lo
300
506
1890
425
448.6
300.6
761.5
24.25
103.2
131.5
325
312.5
26.11
221.6
516
169.75
0.7
245

12M Hi
440
658
2542
598
554
366
994
40.75
121.4
155
437.5
363.53
43.25
310.8
668
223
2.52
454.1

ST Rec
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral

Beta
1.146
1.047
1.212
1.054
1.235
1.123
1.142
0.867
0.298
0.659
0.357
0.297
0.642
1.8
1.018
1.03
0.964
0.979

Personal Care & Household Products

Stock
MCBRIDE
PZ CUSSONS
RECKITT BENCKISER GROUP

Pharmaceuticals & Biotechnology

Stock
ARK THERAPEUTICS GP.
ASTRAZENECA
BTG
DECHRA PHARMACEUTICALS
GLAXOSMITHKLINE
OXFORD BIOMEDICA
PHYTOPHARM SUSP - 21/05/13
SHIRE
SKYEPHARMA
VERNALIS

Real Estate - REIT

Stock
BIG YELLOW GROUP
BRITISH LAND
DERWENT LONDON
GREAT PORTLAND ESTATES
HAMMERSON
INTU PROPERTIES
LAND SECURITIES GROUP
LOCAL SHOP.REIT (THE)
LONDONMETRIC PROPERTY
MCKAY SECURITIES
MUCKLOW (A & J) GROUP
PRIMARY HEALTH PROPS.
REDEFINE INTL.REIT
SEGRO
SHAFTESBURY
TOWN CENTRE SECURITIES
WARNER ESTATE
WORKSPACE GROUP

Intellisys Intelligent Analysis Limited

www.intellisys.uk.com

01 August 2013
+44 20 3239 8994

Page 9 of 14

Real Estate - REIS

Stock
CAPITAL & CNTS.PROPS.
CAPITAL & REGIONAL
CLS HOLDINGS
DAEJAN HOLDINGS
DEVELOPMENT SECS.
GRAINGER
HELICAL BAR
LONDON & ASSOCS.PROPS.
MOUNTVIEW ESTATES
QUINTAIN ESTATES & DEV.
RAVEN RUSSIA
SAVILLS
SMART (J)
ST MODWEN PROPS.
UNITE GROUP

Price
360.90
35.00
1120.00
4010.00
200.25
174.00
299.00
25.00
5925.00
87.75
70.50
630.00
86.50
316.10
390.30

12M Lo
210.50
22.75
645.00
2706.00
136.00
90.95
178.00
20.25
4150.00
49.25
61.50
370.00
71.50
174.00
213.25

12M Hi
360.90
37.50
1120.00
4085.00
209.00
174.00
302.50
29.75
5950.00
90.50
79.75
630.00
88.00
329.10
390.30

ST Rec
Neutral
Sell
Neutral
Neutral
Neutral
Sell
Neutral
Neutral
Neutral
Sell
Neutral
Neutral
Neutral
Neutral
Neutral

Beta
0.65
0.68
0.72
0.42
0.92
1.54
0.77
0.65
0.72
1.04
1.51
0.73
0.35
1.57
1.78

Price
128.5
2404
486
342.5
29
796
155.25
84
2005
350.5

12M Lo
113
1776.97
333.29
260.75
18.5
529.08
130
64
1275
289.36

12M Hi
162
2588.15
564.1
347.25
29.5
796
222
85.5
2137
368.18

ST Rec
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral

Beta
0.725
1.492
0.881
1.073
0.778
0.801
0.710
0.486
0.787
0.709

Price
384.3
253.7
9150
425
187.5
1045
100
4.18
164.1
406.8
486.3
439.3
1574
80.3
1670
2455
1919

12M Lo
257.8
144.6
8000
260
155
743
87
0.55
97.6
280.8
252.7
358.4
930
71.3
1208
1292
1040

12M Hi
492.1
253.7
11105
426
195
1107
110.4
4.57
180.4
406.8
501.5
513.5
1590
134.4
1691
2560
2000

ST Rec
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Sell
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral

Beta
1.119
0.690
0.854
0.958
0.683
0.846
0.878
0.652
1.437
1.042
1.685
1.559
1.076
1.389
0.750
1.273
1.252

Software & Computer Services

Stock
ANITE
AVEVA GROUP
COMPUTACENTER
KOFAX
INNOVATION GROUP
MICRO FOCUS INTL.
PHOENIX IT GROUP
RM
FIDESSA GROUP
SAGE GROUP

Speciality & Other Finance

Stock
ABERDEEN ASSET MAN.
BREWIN DOLPHIN
CAMELLIA
CHARLES STANLEY GROUP
CHARLES TAYLOR
CLOSE BROTHERS GROUP
F&C ASSET MANAGEMENT
HELPHIRE GROUP
HENDERSON GROUP
ICAP
INTERMEDIATE CAPITAL GP.
INVESTEC
LONDON STOCK EX.GROUP
MAN GROUP
RATHBONE BROTHERS
SCHRODERS
SCHRODERS NV

Intellisys Intelligent Analysis Limited

www.intellisys.uk.com

01 August 2013
+44 20 3239 8994

Page 10 of 14

Support Services
Stock
ACAL
AGGREKO
AMEC
ASHTEAD GROUP
BABCOCK INTL.
BRITISH POLYTHENE INDS.
BUNZL
UK MAIL GROUP
CAPITA
COMMUNISIS
COMPASS GROUP
BERENDSEN
DE LA RUE
DIGNITY
DIPLOMA
ELECTROCOMP.
ESSENTRA PLC
G4S
HAYS
HOMESERVE
INTERSERVE
INTERTEK GROUP
JOHNSON SERVICE GROUP
MANAGEMENT CNSL.GP.
MENZIES (JOHN)
MICHAEL PAGE INTL.
MITIE GROUP
OFFICE2OFFICE
PAYPOINT
PREMIER FARNELL
REGUS
RENTOKIL INITIAL
REXAM
RICARDO
ROBERT WALTERS
RPC GROUP
RPS GROUP
SERCO GROUP
SHANKS GROUP
SPEEDY HIRE
TRIBAL GROUP
TRIFAST
VP
WYG

Price
255
1780
1077
706
1175
597
1409
587.5
1043
67.5
898
817
988.5
1475
575
246.1
774
224.9
103.1
265.2
509.5
3025
49
26.5
737.5
446.5
271
41.5
1091
226.9
185.2
98
491.8
435
235
458.8
225.9
627
88
59
192.75
55
407.5
90.5

12M Lo
157.75
1557
965.5
250.3
868.5
358
1009
224
713
29.19
671.5
509
891.5
890
418
200
500
207.5
68.2
185.6
319
2697
27.5
21.25
573
346.4
248
40.5
670.5
165.5
94
70.75
420.7
340
176.25
378
195.5
535
73
23.5
82
40.5
295.25
42

12M Hi
255
2400
1172
730
1209
604
1409
593
1057
68
910.5
823.5
1075
1568
627.5
278.4
774
313.5
106
293.6
519
3453
50
32
801
451.8
300.8
156
1110
236.3
186.7
100.7
547.5
435
235
477
274.2
683.5
98
64.75
194.5
59.25
412.5
91

ST Rec
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral

Beta
0.901
1.164
1.096
1.648
0.482
0.800
0.523
0.406
0.525
0.778
0.740
1.035
#NA
0.221
0.973
1.017
1.144
0.542
1.048
0.914
1.296
0.806
1.104
0.679
1.395
1.369
0.499
0.282
0.719
1.404
1.403
1.287
0.856
0.873
1.190
0.793
1.505
0.604
1.498
1.232
0.635
0.936
0.798
0.816

Price
340.7
40.51
683.5
83.2
1319
197.5

12M Lo
212.5
29.64
484.3
68.25
801
154.45

12M Hi
344
46.29
749
88.5
1390
199.9

ST Rec
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral

Beta
0.891
0.693
0.573
1.226
0.026
0.512

Price
300
432.5
1888
1412
99.95
1046
1582
254.2
390
334.7
75.25

12M Lo
178
350
1150
530
92
615
1220
164.5
199.75
265.9
42

12M Hi
300
452
1888
1412
212.39
1110
1595
254.8
390
335.9
78.5

ST Rec
Sell
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral

Beta
1.248
1.057
0.839
0.740
0.912
0.750
0.999
1.401
1.329
0.974
0.937

Telecommunication Services
Stock
BT GROUP
CABLE & WIRELESS COMMS.
INMARSAT
KCOM GROUP
TELECOM PLUS
VODAFONE GROUP

Transport
Stock
BBA AVIATION
BRAEMAR SHIPPING SVS.
CLARKSON
EASYJET
FIRST GROUP
FISHER(JAMES)& SONS
GO-AHEAD GROUP
NATIONAL EXPRESS
NORTHGATE
STAGECOACH GROUP
WINCANTON

Intellisys Intelligent Analysis Limited

www.intellisys.uk.com

01 August 2013
+44 20 3239 8994

Page 11 of 14

Utilities
Stock
CENTRICA
NATIONAL GRID
PENNON GROUP
SSE
SEVERN TRENT
UNITED UTILITIES GROUP

Price
391
786.5
695.5
1575
1773
721.5

12M Lo
310.8
665.5
598
1312
1513
647

Intellisys Intelligent Analysis Limited

www.intellisys.uk.com

12M Hi
394.9
847.5
768
1676
2090
787.5

ST Rec
Neutral
Neutral
Neutral
Neutral
Neutral
Neutral

Beta
0.500
0.452
0.611
0.412
0.344
0.475

01 August 2013
+44 20 3239 8994

Page 12 of 14

DISCLAIMER
Intellisys Intelligent Analysis Limited has prepared this report. Intellisys is the trading name of Intellisys
Intelligent Analysis Limited.
Intellisys is a provider of financial research reports that indicate the possible value of quoted company
shares. The information contained within any and all of Intellisys reports are designed to present an
objective assessment of the possible value or relative value of a company and/or an actuarial sector or
stock market index. Intellisys utilises as extensive as possible range of valuation tools and proprietary
systems to derive its outputs. The base data for the models are derived from sources believed to be
accurate but Intellisys Intelligent Analysis Limited does not warrant or guarantee the accuracy or reliability of
the source data or its models and proprietary systems. Subscribers, and casual readers, should not rely
upon the Intellisys research outputs when forming specific investment decisions but should seek advice
specific to their situation and investment requirements from a person authorized under the Financial
Services and Markets Act 2000, before entering into any investment agreement.
Intellisys Intelligent Analysis Limited has used reasonable care and skill in compiling the content of this
report. No representation or warranty, expressed or implied, is given by any person as to the accuracy or
completeness or accuracy of the information and no responsibility or liability is accepted to the accuracy or
sufficiency of any of the information, for any errors, omissions or misstatements, negligent or otherwise. In
no event will Intellisys Intelligent Analysis Limited, Intellisys or any of its officers, employees or agents be
liable to any other party for any direct, indirect, special or other consequential damages arising from the use
of this report.
The Intellisys Intelligent Analysis Limited and/or Intellisys reports are not directed to any person in any
jurisdiction where (by reason of that persons nationality, residence or otherwise) the publication or
availability of the Intellisys Intelligent Analysis Limited and/or Intellisys information may be prohibited.
Persons in respect of whom such prohibitions apply must not access the Intellisys Intelligent Analysis
Limited and/or Intellisys reports. Neither this document, nor any copy in whatever form of media, may be
taken or transmitted into the United States, Canada, Australia, Ireland, South Africa or Japan or into any
jurisdiction where it would be unlawful to do so. Any failure to comply with this restriction may constitute a
violation of relevant local securities laws. Recipients of Intellisys Intelligent Analysis Limited and/or Intellisys
reports outside the UK are not covered by the rules and regulations made for the protection of investors in
the UK.
Any user distributing information taken from any Intellisys reports and/or the Intellisys website, in whatever
form, to any other person, agrees to attach a copy of this Disclaimer and the Terms and Conditions of Use
pages and obtain the agreement of such other person to comply with the terms set forth.
Intellisys' published reports are published for information purposes and only available to market
counterparties, high net-worth and sophisticated individual investors.
No Intellisys report constitutes an offer or invitation to trade, sell, purchase or acquire any shares or other
financial instruments in any company or any interest therein, nor shall it form the basis of any contract
entered into for the sale of shares or any other financial instrument in any company.
Intellisys believes that the information within each and any of its reports to be correct, but its accuracy or
completeness cannot be guaranteed. No representation or warranty, expressed or implied, is given by any
person as to the accuracy or completeness of the information and no responsibility or liability is accepted for
the accuracy or sufficiency of any of the information, for any errors, omissions or mis-statements, negligent
or otherwise.
Intellisys (including its Directors, employees and representatives) or a connected person may have positions
in or options or other financial instruments on any of the securities mentioned within a report, and may buy,
sell or offer to purchase or sell such securities from time to time, subject to restrictions imposed by internal
rules.

Intellisys Intelligent Analysis Limited

www.intellisys.uk.com

01 August 2013
+44 20 3239 8994

Page 13 of 14

Subscribers, and casual reader, are reminded that the value of shares in any company may go up or down
and that past performance is not necessarily a guide to future performance.
Intellisys Intelligent Analysis Limited is not registered with or regulated by any financial regulatory authority
and does not offer, provide or purport to provide or offer investment advice.

RISK WARNING
Intellisys does not make personal recommendations. The information in this publication is provided
solely to enable you to make your own investment decisions.
If you are unsure about dealing in shares and other equity investments, you must contact your financial
adviser as these types of investments may not be suitable for everyone.
The value of stocks and shares, and the income from them, can fall as well as rise and you may not get
back the full amount you originally invested. If denominated in a foreign currency, fluctuations in the
exchange rate will also affect the value of stocks and shares and the income from them. Past performance
is not necessarily a guide to future performance.

Intellisys Intelligent Analysis Limited

www.intellisys.uk.com

01 August 2013
+44 20 3239 8994

Page 14 of 14