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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - August

August 2004

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 two difficult months the TMI Trader Portfolio hit top form again, rising £6,750 (4.3%) to £163,378 and outperforming the FTSE-100,which fell nearly 4%.   Photo-Me was the biggest gainer after dispelling far-fetched fears of an imminent profit warning with some cracking results.  If Evolution Beeson Gregory does fulfil its prediction to upgrade Photo-Me's earnings forecasts to 7.4p and 12.6p for this year and next, the prospective PE would be 15 times falling to just 9. The other big riser was Burren Energy, which sported a gain of 85% on our buy price at one point after favourable newsflow from its M'Boundi oil field. However, Burren has proven very cautious about upgrading its reserves, leading one ana ...

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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