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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio 2 - July '24

July 2024

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.

They say bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria and the mildly positive response to Rishi Sunak’s eccentric General Election call probably puts us somewhere between stage 1 and 2. Consequently, TP2 enjoyed its sixth straight monthly gain (+2.7%) and has  increased 23% this year. In terms of standout performers, The Property Franchise Group jumped to a new high after its record £20m acquisition of The Guild of Property Professionals and Fine & Country for £20m. At just 5.7x trailing FY’23 EV / EBITDA, it’s immediately eps enhancing with Singer upgrading eps 7%/13% to 28.2p and 35.5p, for this year and next. This drops next year’s prospective PE to just 12.4x. Singer’s new ...

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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