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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - May 2007

May 2007

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.

Reflecting the unexpected surge in investor confidence in what istraditionally a seasonally quiet period, the TMI Trader Portfoliosurged to a new high of nearly £338,000, making for a gain of 3.5% onlast month. The biggest single contributor was Carter & Carter,which surged nearly 250p on relief that it didn’t acquire BPP, whichprobably would have triggered a substantially dilutive issue of newshares as well as being a distraction to management. Meanwhile, sharesin decoy countermeasures firm Chemring rose to nearly £21 followingboth a confident trading statement, which noted helpful US budgetproposals concerning defence spending, plus an earnings enhancingacquisition.  Elsewhere, YouGov’s shares were strong followin ...

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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