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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - June

June 2004

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.

Sharp profit-taking in some of our better performers meant the valueof the TMI Trader Portfolio was clipped by nearly 4% from its high point last month, although the overall gain since the start is still over £62,000. Our decision to take part profits in Photo-Me at 130p and in Mayborn at 282p now looks extremely prescient, although neither have given cause for concern trading wise.  Photo-Me announced that production volumes of its minilabs have sky-rocketed and Mayborn has similarly reassured with a positive AGM statement. Elsewhere, Burren Energy succumbed to profit taking after hitting a new high of 280p.   Around the current price it looks an attractive buying opportunity for those who missed out first ti ...

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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