SUNDAY NEWSPAPER SHARE TIPS: Gold boom, Just Eat, Debenhams and Berkeley Energia

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We round up the Sunday newspaper share tips. This week, Midas takes a look at gold gains and updates on a uranium mine, the Telegraph rules the rule of Just Eat while the Times analyses Debenhams.

MAIL ON SUNDAY

Gold is one of the most unusual investments that anyone can make. It does not pay dividends, it does not produce earnings and it does not make promises about growth prospects – like most firms do.

But it does deliver returns, outperforming property and the FTSE 100 Index over the past ten years.

If someone had put £1,000 into the FTSE in 2007 for example, it would be worth £1,640 today, while the same amount invested in 20-year gilts would be worth £1,350, or £1,190, if the cash had been ploughed into UK property.

An equal investment in gold would be worth more than £2,300.

The King and Queen of Spain have just finished the first Spanish royal state visit to Britain in more than 30 years.

Amid all the pomp, there are serious issues to discuss, not least the social and commercial ties that bind our two countries.

In its own small way, Berkeley Energia is one of those ties – an AIM-traded company developing a uranium mine in Salamanca, just a couple of hours from the King and Queen’s royal residence in Madrid.

Midas tipped the stock in October 2016 at 47p. Since then, the group has raised $30 million (£24 million) by placing 54 million new shares with investors at 45p.

SUNDAY TELEGRAPH

Just Eat has done more than most to simplify the purchase of local takeaway food. It is a remarkable success story, a digital ordering service that connects 71,000 food outlets with 18.2million users in 12 countries.

And unlike rivals Deliveroo and UberEats, Just Eat doesn’t even have to deliver the meals to get paid. Since it folated in spring 2014, investors have gone back for more.

Just Eat shares doubled in value in just over two years and are still powering ahead to give it a market value of £4.6billion. Just Eat remains a rich but tasty morsel. Buy.

SUNDAY TIMES

Like-for-like sales were down 2.4 per cent in Debenhams’ latest quarter. Its long leases give the chain few options as conditions deteriorate. It is considering closing 10 stores over the next five years, but that will barely make a dent in its fixed costs.

Mike Ashley clearly sees something in it, with his Sports Direct chain buying up 17 per cent of the retailer. If anyone can squeeze more profit from a square foot, it’s the tracksuit tycoon.

Still, we’re not sure it’s enough to turn around this high street bastion. Avoid.