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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - October

October 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 TMI Trader Portfolio enjoyed another good month, posting a gain of 2.4% (£3,451), while the FTSE-100 increased just 0.9%.  We've been able to say this with almost clockwork regularity and the gulf in relative performance has turned into a chasm.  Our fund is up nearly 47% since inception, while the FTSE is down 18.2%. Severalof our constituents posted results in the busy September period withthe highlight being Mayborn, our first doubler since Photo-Me. Its half-year figures were well ahead of expectations, promptingCollins Stewart to raise its full year forecast from £4.7m to £5.5m,with earnings up from 13.7p to 16.8p.  That hike reflects strongperformances by Sangenic, its patented nappy disposal ...

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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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