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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Trader Portfolio - June '22

May 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.

It’s still “risk-off”, as investors fret over inflation as well as rising interest rates. Nevertheless, three constituents reported excellent results.Central Asia Metals’ net profit rose 93%, it repaid  US$48.5m and declared a handsome 14p final dividend (yield: 7.4%). I added these in December 2020 when copper was US$3.50 / lb yet even with the price rising to US$4.69 / lb the shares are only now waking up. The hold-up was an ill-timed hedge (now expired) but management have opted not to renew so investors will get full bang for their buck for further price increases. Incremental demand is coming from the switch to electric cars (production is forecast to jump from 1m vehicles to 3.7m by 2030), which require 4x more copper than co ...

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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