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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - May '09

May 2009

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.

After sticking our neck out by detecting a tentative return of buying interest it's pleasing that this has followed through into a substantial rally with the FTSE-100 increasing 13% and the small cap index soaring 29% over the month and while the TMI portfolio only increased 4.4%, this reflects its large cash balances.  There were strong share price performances from Marks & Spencer and Southern Cross, whose interim results are due in May, while Synergy Healthcare and Telecom Plus also produced encouraging trading updates. Meanwhile, in a tidying up exercise we sold our residual holding in Spice at 56.5p, yielding a gain of 117%.In spite of the recent rally there's still excellent value around including this month' ...

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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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