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Portfolio

TMI Trader Portfolio - October'09

November 2009

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.

After the fireworks last month it wasn't surprising to see shares pausing for breath with the FTSE-100 and All-Share indices recording gains of 0.5%, while the TMI Trader Portfolio fell just over 1%. In spite of this, our instinct is that the TMI portfolio is in its best shape in quite some time with several constituents recording excellent results. Top of the bill, if only because its shares have returned a quick-fire gain of almost 150% in six months, is Cape, with broker Panmure Gordon raising its full year eps forecast by 17% to 36.4p and price target to 310p. Another beating forecasts was Marks & Spencer with both sales and margins falling far less than the doomsters expected, while shares in Kentz went above £2 for the ...

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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