Share tips: A specialist shipbroker and an undervalued travel firm

Paul Hill tips a specialist broker that looks set to profit from an increase in shipping; plus an out-of-favour British tour operator that is fighting back.

1. Braemar Shipping (LSE: BMS), rated a BUY by Charles Stanley

Braemar offers specialist broking (82% of profits), technical (8%), logistics (7%) and environmental (2%) services to the dry bulk, oil/gas, chemical and container-shipping industries. This involves negotiating daily rates or advising on vessel transactions for customers, as well as sorting out customs clearance, inspections, insurance and demolition. The only problem is that freight rates for cargos such as iron ore and coal have dropped due to slowing demand from emerging markets. Worse, this has coincided with a glut in supply, due to the long lead times on the deliveries of tankers ordered back in 2008.

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Paul gained a degree in electrical engineering and went on to qualify as a chartered management accountant. He has extensive corporate finance and investment experience and is a member of the Securities Institute.

Over the past 16 years Paul has held top-level financial management and M&A roles for blue-chip companies such as O2, GKN and Unilever. He is now director of his own capital investment and consultancy firm, PMH Capital Limited.

Paul is an expert at analysing companies in new, fast-growing markets, and is an extremely shrewd stock-picker.