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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - December '18

December 2018

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.

Autumn can be torrid for markets (think October ’87 crash and Lehman crisis in ’08) and with the FTSE-100 and Small-Cap falling 4.1% and 5.0% respectively, the TMI Trader Portfolio’s 5.5% decline wasn’t disastrous although we did suffer a shock decline at CAKE. Things are still being investigated but the former FD has been accused of fraud after an accounting black hole was discovered and this has required an emergency fundraising. We have written down our holding to the placing price. Elsewhere, B&M and Dunelm have been strong and NMC upgraded profit guidance, but our oil shares have fallen in line with softer prices. This is surprising given the imminent withdrawal of Iranian exports but OPEC production hit a high of 3 ...

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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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