Minutes of Roborough Investment Club Meeting
#27 – 11th July 2001

Attendees: Andrew Watkins, Dave Johnston, Andy Davies, Cyril Bouhallier, Alan Martin, Les Watson, Lawrence Watson, Martin Collinge, Franz Fuchs, Allan Proudfoot

Apologies: Phil Ainsley, Wez Davey, Geoff Floyd, Stephen Andrew, Chris Bailey, Rick Haggit

 

Agenda

 

  1. Review minutes of previous meeting

    2. The previous minutes were accepted.

  2. Treasurer's report

    3. RIC Treasurer Report - June 2001

    Shares purchase/sales this month

    26 June: Sold 1149 Shares of Carr's Milling at 102.3 pences for £1175.43. Profit = £151.42
    27 June: Sold 574 Shares of TT Electronics at 132.75 pences for £761.99. Loss = £266.93

    Dividends Received

    Carr's Milling : £34.47

    Asset Summary

    Company

    No shares

    Average price

    Total Cost

    Selling price

    Net selling value

    Profit or loss to date

    Change

    Balfour Beatty

    518

    195.68

    1013.61

    199.25

    1020.12

    6.51

    42.74

    Boots

    170

    597.49

    1015.74

    601.00

    1009.70

    -6.04

    25.50

    Cadbury Schw'

    222

    457.15

    1014.88

    478.00

    1010.31

    34.28

    38.85

    Send

    28

    0.00

    0.00

    80.00

    10.40

    10.40

    5.46

    Tesco

    594

    257.93

    1532.13

    256.50

    1511.61

    -20.52

    54.94

    365 Corp

    242

    212.99

    515.44

    11.50

    15.83

    -499.61

    -12.10

    Total

    4078.19

    4616.82

    -481.49

    112.65

    Unit price is has not changed and is worth 138p.

    3) Review of current holdings

    BOOT - Hold

    CBRY - Hold

    TSCO - Hold

    TSF - Hold

  3. Actions

i. Newly formed trend monitoring team (AM, DJ, MC) to make recommendations about the following companies:

ii. Alan Martin agreed to be share buddy for SND.L

iii. Treasurer to shut down Steve Andrew's account accordingly

iv. Les Watson to forward "stop loss spread sheet" to the stop loss team (AW, WD, CBo)

 

  1. AOB

Stephen Andrew has resigned from the RIC

6) Agenda for next meeting

  1. Review minutes of previous meeting
  2. Review actions
  3. Review treasurer's report
  4. Review current holdings
  5. AOB
  6. Agenda for next meeting

Date of next meeting

Next Meeting : 14th August 2001