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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - January 08

January 2008

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.

A tough month for the Trader Portfolio, which is down £15,421 or 4.6%, although the gain since the start is still an excellent 222%. While there was one stock specific problem, most of the fall came from a general de-rating caused by the first anecdotal evidence that the credit crunch has affected consumer spending and therefore confidence in the economy. The one saving grace is our high cash balances, which leaves us well-placed to alight on the fantastic buying opportunities that are beginning to appear. The biggest disappointment was the profit warning from Clapham House, whose shares gapped well below our stop-loss and were sold at 145p, although they have since bounced quite sharply after directors increased their hol ...

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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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