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

Review minutes of previous meeting

Treasurers report

Review of current holdings

Review investment proposals.

Review actions.

AOB

Date of next meeting

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