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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader portfolio - December

December 2002

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.

 Over the month the portfolio rose 0.8%,  while the FTSE-100 and FTSE-All Share fell 1% and 0.5% respectively.  Our two main recommendations this month, Carpetright and JohnstonPress, both sport impressive records of growing profits over severaleconomic cycles.  There are not many companies that still boast anundented record after the last two years.  That said, the two purchases we made this month were old favourites.We bought  5,500 shares in Hamleys at 165p (our mainrecommendation in July) and 13,000 Albemarle & Bond at 71p.  Hamleys’ latest results confirmed its strong recoveryprospects are in place, with 23% like-for-like sales growth sinceSeptember. It is a quality brand ...

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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

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