Sharewatch: Main buy recommendations (Jan '08

Sharewatch: Main buy recommendations (Jan '08 - December '10)

		Price tipped (p)	Price at 7/3/11 (p)	Gain (%)

2008
NAPS	Renew	97	63.5	-34.5
	Adept Telecom *Bid: 08/08	43	38.5	-10.5
	nCipher * Sell: 05/09	219	300	37.0
	Jetion	119	65	-45.4
	Mears	241	302.5	25.5
	Cape	243.5	487.5	100.2
	Amino	53	48	-9.4

Main Recs
Jan	Mears	241	302.5	25.5
	AssetCo	208	12.5	-94.0
Feb	RCG Holdings *Sell rec: 11/10	73.5	25.5	-65.3
	Topps Tiles	149	75.5	-49.3
Mar	Telecom Plus	236	475	53.8
	Cosalt	346.5	45	-87.0
Apr	Education Developent *Sell rec: 11/10	40.5	94	132.1
	Scott Wilson *Bid: 10/10	236	290	22.9
May	Low & Bonar *Open offer adjusted	71.5	58.5	-18.2
	Vitec	448	582	29.9
Jun	Regenersis	77	71.5	-7.1
	MDM Engineering *Stop-lossed: 09/08	198	145	-26.8
Jul	OPG Power Ventures	70	97.25	38.9
Aug	Kentz	163.5	366.5	124.2
	Ideal Shopping Direct	160	191	19.4
Sep	Maxima	185	108	-41.6
	Dmatek *Bid	130	215	65.4
Oct	Hargreaves	580	982	69.3
Nov	Photo-Me	10.75	57.5	434.9
	Peter Hambro	205	1082	427.8
Dec	Tarsus	72	144.5	100.7
	Big Yellow	198	338	70.7

			Average gain (%)	44.4

2009
NAPS	Debenhams	35	60	71.4
	Innovation	6	16.25	170.8
	Clapham House *Bid: 10/10	84	74	-11.9
	Melorio *Bid:06/10	65	225	246.2
	Tarsus	72	144.5	100.7
	Superglass	25	27.5	10.0
	Eros	113	258.5	128.8

Main Recs
Jan	Future	17.5	26.5	51.4
	Superglass	25	27.5	10.0
Feb	Eros	131.5	258.5	96.6
	Education Development	53	197	271.7
Mar	Innovation	4.9	16.25	231.6
	H&T	185	299	61.6
Apr	Scott Wilson *Bid: 10/10	45	290	544.4
	Severfield Rowen	164	244.5	49.1
May	Kewill	58	95	63.8
	Lavendon *Sell: 06/10	152	135	-11.2
Jun	Zetar	155	208.5	34.5
	Prezzo	30	55.5	85.0
Jul	Synergy Health	499	887	77.8
	AssetCo	60	12.5	-79.2
Aug	JD Sports	486	890	83.1
	West China Cement Converted from HK$ and 50-for-1 share split stop-lossed 05/10	5.1	23.5	360.8
Sep	Findel	44.75	19	-57.5
	Caretech	361	202	-44.0
Oct	Asian Citrus *adjusted for 10-for-1 share split	34	72.5	113.2
	Melorio Bid 06/10	142	225	58.5
Nov	Dunelm	326	407	24.8
	KSK Power Ventur	528	466	-11.7
Dec	Spice *Bid 10/10	71.5	70	-2.1
	Avon Rubber	98	232.5	137.2

			Average gain (%)	92.4



2010
NAPS	Character	66.5	202.5	204.5
	West China Cement *Converted from HK$ and 50-for-1 share split	9.3	23.5	152.7
	Findel *stop-lossed 05/10	37	19	-48.6
	Caretech	435	202	-53.6
	Spice *Bid 10/10	71.5	70	-2.1
	Eros	143	258.5	80.8
	Photo-Me	43	57.5	33.7
	Iomart	44.5	88	97.8
	JD Sports	516	890	72.5
Main Recs
Jan	Immunodiagnostics	706	839.5	18.9
	Rok *Administration: 10/10	40.5	0	-100.0
Feb	Statpro	107	124	15.9
	Majestic Wine	233	405	73.8
Mar	Alliance Pharm	33	31	-6.1
	First Derivatives	260	447.5	72.1
	GTL Resources	79.5	76.5	-3.8
Apr	Advanced Computer Software	40	38	-5.0
	Tikit	165	255	54.5
May	Entertainment One	69.5	151	117.3
	PV Crystalox Solar	48.5	61.5	26.8
Jun	Supergroup	605	1489	146.1
	Emis Group	373	465	24.7
Jul	Hutchison China Meditech	304	502.5	65.3
	Photo-Me	32.5	57.5	76.9
Aug	Anite	43	66	53.5
	International Greetings	64	72.5	13.3
	CSF	57	61.5	7.9
Sep	Norkom *Bid: 02/11	109	175	60.6
	Telecom Plus	369	475	28.7
Oct	Medusa Mining	305	446.5	46.4
	Hargreaves Services	675	982	45.5
Nov	French Connection	53	128.75	142.9
	Norseman Gold	62	44.25	-28.6
Dec	City of London Investment Group	397	380	-4.3
	Xaar	224	215	-4.0

			Average gain (%)	42.2

	Average gain across all 95 recommendations (inc NAPS) from 01/01/08 to 31/12/2010 as at 7/3/11 is: 59.2

Information and advice given in Small Company Sharewatch and The Momentum Investor are in general terms only and do not constitute personal advice to any investor. Published by Equitylink Ltd, a firm regulated by the Financial Services Authority. Remember, share prices and the income from them may go down as well as up. Past performance is no indication of future success. Investing in equities can lose you part or all of your capital.Most of the shares recommended may be smaller company shares which by their nature can be relatively illiquid and thus hard to trade. This makes investing in small caps riskier than in blue chips. Investors should seek advice from their stockbroker if any points are unclear.