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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - March

March 2003

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.

Last month was a tough one, with the FTSE-100 falling 2.4% and the small cap index dropping 5.6%, but our portfolio declined just 0.8%. Although Hamleys fell through the stop-loss, Albemarle & Bond brought some cheer by announcing encouraging interim results.   Of this month's recommendations we feel that Wembley's story is still not widely known and  its shares could spurt upwards if analysts introduce some aggressive earnings forecasts (as we expect) for 2004 and 2005. Where now for the FTSE-100?If it continues to slavishly follow the  S&P 500, which stilllooks massively overvalued on a PE of 28,  the odds are that thisyear will prove as troublesome as the last three. The biggest fear is ...

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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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