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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio

June 2006

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.

It was a tough month for the TMI Trader Portfolio, which fell £16,391 (5.5%) to £281,821, mainly due to a general correction in the market, which was spooked by fears of rising inflation in the USA and a fall in the US dollar. However, prior to that we saw some incredible spikes in the prices of several of our constituents, notably Venture Production, which hit a high of 800p, Aquarius Platinum, which reached 900p, Peter Hambro Mining, 1710p and Sterling Energy, 32.5p - all on the back of soaring commodity prices. Following last month’s well-timed decision to take profits from some winners, we therefore continued to crystallise more gains and have sold half our Hambro (at 1520p) and another 2,000 Burren Energy (at 990p) ...

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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.

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