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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - February '10

February 2010

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 starting the New Year with a customary bang, shares have received a dose of the jitters due to a combination of President Obama's “War on Wall Street†and action by China's Government to defuse their runaway boom. The net effect has been for the FTSE 100 and All Share indices to increase 1.7% and 2.2% respectively, while the TMI Trader portfolio gained almost 1% to reach £334,620. There has been plenty of news over the month, with solid updates from Marks & Spencer, Topps Tiles and Cape. The latter, in particular, looks ripe for a re-rating after its £50m fall in net debt blew away any remaining balance sheet worries and with its prospective PE just 6.7, Numis suggests that a share price of £3-£4 could be achieved ...

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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