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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio 2 - October '21

October 2021

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.

Concerns that the new NHS tax will harm the UK economy has created some nervousness with early gains during the month subsequently dissipating to leave performance flat. As I go to press, Somero has violently spiked 75p to a new high of 545p after it upgraded full year guidance for the THIRD time in four months. While it has benefited from catch up spend in its main US market, demand for new warehousing space (driving sales of its concrete floor levelling equipment) remains red hot and broker FinnCap has upgraded FY ’21 eps by 21% to 55 cents (39.9p) with FY’22 increasing 18% to 57.5 cents (41.7p) for a prospective PE of 13.4 and then just 12.8. If the shares hit FinnCap’s new price target of 700p, it would be a doubler for TP ...

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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