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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - July '16

July 2016

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 quiet month saw the TMI Trader Portfolio gain 1.8%, while the FTSE-100 and All-Share both rose 2.1%.The most positive news came from Paysafe (trading ahead of expectations) and Supergroup (Q4 sales up 30%) but otherwise, shares are generally starting to appear cheap ahead of the EU referendum vote. For example, Photo-Me, which is due to report on 21 June, trades on an ex-cash PE of just over 15 and yields over 7% (including forecast special dividend). We expect those results to trigger eps upgrades.This month we feature Just Eat (page 1), the UK’s largest online market place for delivering take-away food. If it follows the pattern of other aggregators like Auto Trader and Rightmove we think the shares wi ...

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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