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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio 2 - December '21

December 2021

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.

Inflation concerns continue to cause jitters and TP2 fell 1.2% versus a modest rise in the indices, but strong progress continues to be made. CAML expects to pay off debt by next August and VSA Capital says it will have cash of US$82m by FY’22 and US$150m by FY’23, providing a fantastic M&A war-chest. DX beat forecasts again and announced a new operating margin target between 7.5%-10%, largely through opening new depots and IT upgrades. Liberum’s eps forecasts for 2.6p, 3.6p and 4.0p between y/e June 22-24 assume margins only reach 7.1% in 2024 so the road map looks exciting. Menzies announced a large contract in Mexico and Shore Cap reckons alongside other recent wins, “there’s more to come in LatAm.” With trav ...

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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