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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - April '19

April 2019

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

A good month for the TMI Trader Portfolio, which increased 1.2%. Dunelm rose 140p and 4Imprint moved above £21 after strong results, while GoCompare’s Chairman spent over £8.5m (that’s not a typo!) increasing his stake to 29.9%.Jefferies has a note on Premier Oil with a 175p price target after upgrading forecasts. It says the Zama discovery is big enough to commercialise on the discovery well alone (estimates c.600m barrels) while it’s highly unusual for Premier’s licence partner (Sierra Oil) to be acquired before the appraisal results. Its market cap of £650m is also “materially below its peers.” We think it’s now a potential bid target given that leverage (net debt/EBITDA) is forecast to fall to 2x this year.This month’s wr ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X