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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - July '19

July 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.

  President Trump’s trade salvo with Mexico, which follows China’s threat to withdraw the supply of rare earths from the US (a crucial raw material for technology businesses), has spooked markets. But the silver lining is new expectations for interest rate cuts, which has underpinned the FTSE-100 (up 0.8%) while the TMI Trader Portfolio fell 0.3%. In spite of the chaos we’ve had some pleasant surprises with Tarsus receiving a bid at 425p, generating a handsome gain of 300%. Playtech has reiterated guidance for EBITDA of Eu390m-Eu415m for 2019, implying a prospective PE of just 7.7x and Shore Capital thinks it’s worth 740p a share. 4Imprint hit a new high of 2724p (an amazing 1000% gain!) ahead of expected promotion to the F ...

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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