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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio 2 - June '24

June 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.

As we move into the home straight for this double General Election year, TP2 is arguably “building back better” than any politician with a gain of 3.7% over the month and 20% for the year to date, comfortably outperforming the FTSE small cap index, which itself has broken into new highs. With more traders betting on sterling weakening vs the US$ in the belief that interest rates will be cut in the summer (which is catnip for shares),  it’s now a  real joy to review the portfolio. H&T has recovered nicely, Playtech briefly spiked to 530p while Babcock and Hunting hit new highs. The latter said trading is “slightly ahead of expectations” and reports a healthy order book and buoyant pipeline. Investec forecasts eps to grow ...

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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