Tuesday newspaper share tips: McBride,

The supplier of white-label goods to big supermarkets will benefit from a weak pound, given that it derives roughly three quarters of its sales from outside the UK.

However, at constant exchange rates it revenues shrank by 2.9%, likely due to deflation on the Continent, with France possibly a main culprit.

The cost of importing raw materials will also rise.

So while management has been rewarded this year for repositioning the business, changing hands on 15 times´ earnings the shares look fully valued.

'Avoid,' Tempus advised.

There is value in Morrisons´ shares, according to The Daily Telegraph´s Questor team.

The share price gains on the back of the latest Kantar Worldpanel figures, which showed a slight drop in like-for-like sales, says as much, the tipster surmised.

David Potts, the grocer´s boss, continues to pare away capital expenditures and costs, thus pushing working capital for all its worth and cutting debt in the process.

Its enterprise value of £6.3bn compares favourbale with the £7.1bn of property and plant on the books, Questor pointed out.

Slashing debt only de-resisks the model further.

Weak trading could lead to more write-downs of the value of its stores but that is already partially factored in.

"If Mr Potts hits his cost and working capital goals, Morrisons could start to generate healthy levels of cash flow, Buy," Questor said.