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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - July 22

July 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.

The TMI Trader Portfolio rose 1.1% during the month, outperforming the FTSE-100 and Small Cap indices.  There were reassuring updates from Essentra, which looks cheap on a soon-to-be PE of 11.9 and broker price target of 495p, while Topps Tiles’ interims were ahead of expectations. Interestingly, the latter has launched a new online only value brand, Tile Warehouse, complementing its earlier acquisition of an online tiles business for trade customers and taking the more optimistic Peel Hunt forecast, its prospective PE is a cheap looking 8.3 dropping to 7.1. Elsewhere, Babcock has broken into new highs while Sureserve announced positive interims, the highlight being a 50% increase in the order book, which now covers a ...

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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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