Sunday share tips: SSP, Polyus Gold

SSP has done well since its flotation in July 2014. The company operates 2,000 food outlets spread out across 124 airports and 270 stations worldwide.

Company chief Kate Swann, who is credited with turning around WH Smith, has built a strong plan to continue growing the business. Indeed, the bulk of the group´s revenues still come from the Continent and the UK, but there´s lots left to go for in the US and Canada as well as in Asia and the Middle East.

"SSP shares are 297½p and should deliver long-term rewards. Air travel is increasing and SSP is working hard to make sure it reaps the benefits. Buy," says the Mail on Sunday´s Midas column.

London´s listing rules need to be changed to better protect small shareholders.

Following in the footsteps of Essar Energy and ERNC, the majority shareholder of Polyus Gold, Said Kerimov, offered £1.96 a share for all the stock he did not already own – a puny 1.4% premium.

While it is true that the share price has held up well over the past year – and was already trading at a premium to the sector – the company´s independent committee believes the bid “materially undervalues” the firm.

Nonetheless, if Kerimov can mobilise the backing of 90% (of the shares he doesn´t own) then he will be able to squeeze out resistant minorities anyway.

“This offer may not be as mean as it appears. But even if it were, minorities would have little choice but to say yes. London’s listing rules need an overhaul — again,” says Danny Fortson in The Sunday Times.