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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - October '11

October 2011

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.

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In a month that has seen no resolution of the euro crisis the FTSE-100 has still risen 6.5% while the TMI Trader Portfolio gained a pleasing 5%.One of our core philosophies is that as long as a company performs well its share price will take care of itself and it was pleasing to see no fewer than four constituents significantly beating expectations. Top of the bill was Hargreaves, with results triggering a surge above £10 and with Brewin Dolphin upgrading its year to May '13 eps forecast to a whopping 150p and price target to £15, there seems more to come. Also moving up nicely is Kentz, partly thanks to its promotion to the FTSE-250. Nevertheless, predicting stock market moves has never been an exact science and neither Prezzo ...

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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.

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