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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - October 22

October 2022

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.

Few could have foreseen the sheer scale of Prime Minister Liz Truss’ energy intervention with the two-year guaranteed (six months for businesses) price cap rise in annual household energy bills limited to just £2,100 - they could have hit over £6,000 next April without taxpayer support. This should prevent the bottom dropping out of the UK economy and will be good for domestically focused shares. Amongst our constituents, news has been fairly light. H&T said its pledge book increased 27%, reflecting growing demand for pawnbroking and leading to massive eps upgrades. A nice gain so far but the soon-to-be prospective PE is only 8x. Essentra’s interims were in line and its plan to focus on the higher margin industrial compo ...

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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