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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - July '10

July 2010

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.

It was a case of the calm after the storm last  month with investors shrugging off the European debt crisis and adopting a “wait and see” approach ahead of the emergency Budget. This lull saw the FTSE-100 and All Share indices falling 1.5%, while the TMI Portfolio was virtually unchanged.There was plenty of news flow with the most intriguing being the owner of the Vimto drink brands, Nichols, which has announced that trading is ahead of expectations. The shares have, however, barely responded to the prospective PE, which remains stuck at 15.3 (even before broker upgrades), while its larger rival, AG Barr (which we have featured on page 3) continues to surge to new highs, taking its prospective PE to 20. Other brig ...

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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