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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - June

June 2002

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.

The portfolio has again posted a useful increase of 2.4% in afalling market. The one thing that our four stocks have in common isthat none are technology or IT orientated.  Apart from the obviousreason that many Techmark constituents are still getting pummelled,economists will tell you that these stocks can only really do well whencompanies beef up their capital expenditure budgets.  That only happens well into any new economic cycle.  So far we’vefocused on consumer cyclicals (benefiting from low mortgage rates) andcompanies insulated from the downturn, such as  Huntleigh(increased government health spend) and food manufacturers. Anothersector to watch is  engineering  & machinery. Thesurvival in ...

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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