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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - July '23

July 2023

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.

Although the US debt crisis has been averted, sentiment remains depressed as investors fret over higher interest rates, and against that backdrop, TP2 fell 0.6%. Amongst our constituents, news was strong. H&T said its loan book is up 6% in the first four months against a full year growth target of 17% while the current price of 437p languishes way below a broker price target of 700p. DX settled its dispute with rival Tuffnells while Playtech hit new highs after it said 2023 EBITDA will be slightly ahead of expectations driven by its Italian business Snaitech and Caliente in Mexico. Investec’s new eps forecast for FY’24 is 65 cents (56p) dropping next year’s prospective PE to just 10.9, while its sum-of-the-parts price target i ...

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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