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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - May

May 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.

 The Trader Portfolio enjoyed its best month since inception, rising 6% to be back "in the money" for the first time since July last year. It's pleasing to note that it has now outperformed the FTSE-100 and All Share index by 26.5% and 27.2% respectively.   Ourmomentum philosophy of topping up on the winners is certainly bearingfruit at Photo-Me.  The catalyst for its recent spike (the shareshitting an intra day high of 41p) was the announcement that it hadbought, from the liquidator, certain assets of  Gretag Imaging, aGerman rival minilab manufacturer.  Gretag specialises in highvolume minilabs, capable of processing 13,000 prints an hour and takesPhoto-Me into the only area of the minilab market ...

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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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