Minutes of Roborough Investment Club Meeting
#14 - 13 June 2000

Attendees: Alan Martin, Geoff Floyd, Richard Albon, Andrew Watkins, Wez Davey, Phil Ainsley, Andy Davies, Allan Proudfoot, Don Parker, Chris Bailey, Les Watson

Apologies: Rick Haggitt, Martin Collinge, Cyril Bouhallier, Franz Fuchs, Robin Rynhart, Stephen Andrew, Dave Johnston, Kevin Forrest, Alan Worroll

 

Agenda

1) Review Minutes of previous meeting.

The minutes were reviewed and accepted as a fair representation of the meeting.

 

2) Review Treasurers Report

See the club web page for the latest info.

 

 

 

3) Review of current holdings

Each "share buddy" at the meeting gave a brief update about their share

Share

Buddy

Notes

Recommendation

CHLD

Geoff Floyd

Going up nicely, positive news flow

HOLD

ETE

Stephen Andrew

   

PIC

Andrew Watkins

   

TSF

Wez Davey

Full year results just published. Highlights growing turnover to 22.4m. Still has a big cash mountain

HOLD

BDI

Robin Rynhart

   

VOD

Alan Martin

   

VIG

Don Parker

   

PRU

Andy Davies

   

MKS

Les Watson

Continues to rise after reduced dividend payment announced

HOLD

BARC

Richard Albon

   

TSCO

Alan Worroll

   

 

Action 14.1 (Les) - Modify the "Share Buddy" table to include the names of the various share buddies.

 

4) Review Investment proposals

Andy asked the club to consider purchasing an investment trust and suggested that we look at Aberdeen European Technology.

Action 14.2 (Andy) - Can we purchase an investment trust under the terms of the club.

 

5) Actions

11.6 (Robin/Franz) To review purchase potential of Rentokill (at an all time low) - ONGOING

13.1 (Les) To gather more information about Tepnel Biosystems to present as a contender for investment - ONGOING

Action 14.1 (Les) - Modify the "Share Buddy" table to include the names of the various share buddies.

Action 14.2 (Andy) - Can we purchase an investment trust under the terms of the club.

 

6) AOB

None 

 

7) Agenda for next meeting (AGM)

Next Meeting : 11th July 2000