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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - March '16

March 2016

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 shares, battered on fears for China, rising US interest rates, allegedly weak European banks, over-leveraged oil producers and cash strapped OPEC members; the latter are even selling overseas shares held in their sovereign wealth funds to make ends meet.As a results, the TMI Trader Portfolio fell 2.6%, versus a 1.7% fall for the FTSE-100. The most resilient constituents were Photo-Me, after last month’s strong update and Al Noor, which has just gone ex a 342p special dividend ahead of its take-over by JSE-listed Mediclinic. The balance of c. 820p will be distributed to shareholders via cash and Mediclinic shares. However, in order to free up cash, we sold rather than wait at 1162p, a pleasing 62% gain ...

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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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