…and some to hold, avoid or sell

AA Investors Chronicle

The insurance business and roadside membership are growing, thanks to new contracts with Admiral and Uber. But there’s an FCA pricing review ahead, and some of its £3bn debt will need refinancing. Sell. 45.66p.

Centrica The Times

The owner of British Gas is pursuing radical cost-cutting as tariff caps hurt revenues, offloading its non-consumer nuclear holdings and oil and gas business. Growth prospects and leadership remain uncertain. Avoid. 71.75p.

Craneware The Times

Craneware’s software helps (mainly US) hospitals monitor spending. Shares have been hit by a “sales hiccup” and the loss of a large customer. But strong cash reserves and a pipeline of recurring revenues are plus points. Hold. £19.65.

Man Group Investors Chronicle

The world’s largest listed hedge fund has been performing erratically: assets under management have “pretty much moved sideways” since the end of 2017. The weak track-record is uninspiring. Sell. 152p.

Plus500 The Times

The financial betting firm has been hit by tough regulation on contracts for difference (a type of derivative), causing revenues to more than halve, and profits to slump. Plans for a new Seychelles licence are “unclear”. Sell. 911p.

TI Fluid Systems The Daily Telegraph

This fuel systems specialist has had “significant design wins” relating to thermal efficiency management systems for electric cars. The IP and the balance sheet appear sound, shares are cheap and it yields 3%. Hold. 235p.