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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - August

August 2002

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.

In a difficult market, our trader portfolio fell 4.7%, although it out performed the FTSE-100 and FTSE- All Share indices by 5.9% and 6.1%,respectively.  The only news from our portfolio stocks concerns Pressac where potential bidder, TT Electronics increased its stake from8.2% to 11.9%.   Once again we are staying out of the market, although both main recommendations: TBI (bid speculation) and Glisten (cheap and fast growing new issue) are interesting situations. The question  is how long will the sell-off continue? It's quite possible the FTSE-100 will fall to 2,900-3,200,  which represents the next major support level on the chart.  The FTSElast traded in this range between March 1994 and May 1995, before embarking on th ...

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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