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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - May '18

May 2018

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.

Trade war fears and the US tech sell off have caused the latest market jitters, which has moved the TMI Trader Portfolio 2% lower. Nevertheless, the portfolio is still up a handsome 694% from its launch. Star of the show was undoubtedly Burford Capital (see page 3), whose results unveiled a spectacular “beat” while broker N+1 Singer thinks there could be 46% and 160% eps upgrades in FY’19 and ’20 if its investment commitments beat expectations! NMC shares sparkled to £35 on strong results, while Berenberg has a £40 price target. Superdry fell after founder Julian Dunkerton announced he is stepping down but his direction of travel has been towards the exit, given several recent heavyweight management appointments ...

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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