Minutes of Roborough Investment Club Meeting
#30 - 9th November 2001

Attendees: Allan Proudfoot, Andy Davies, Andrew Watkins, Cyril Bouhallier, Geoff Floyd, Lawrence Watson, Dave Jonstone, Alan Martin, Franz Fuchs, Phil Ainsley, Chris Bailey

Apologies: Les Watson

 Agenda

  1. Review minutes of previous meeting
  2. Review of actions
  3. Change of broker
  4. Treasurer's report
  5. CD Refs. subscription
  6. Review of current holdings
  7. AOB
  8. Agenda for next meeting

 

1. Review minutes of previous meeting

The previous minutes were accepted.

2. Review Actions

Lawrence Watson - Make correction to previous minutes

3. Change of broker

It was decided to change the broker to comdirect

4. Treasurers Report

RIC Treasurer Report - October 2001

Shares purchase/sales this month

10 October: Tea Leaves bought 280 shares of Royal Sun Alliance at 363.54 pences/share for £1017.92
12 October: Coffee Beans bought 1183 shares of Marconi at 18 pences/share for £212.93
12 October: Coffee Beans bought 482 shares of Colt Telecom at 106.82 pences/share for £514.86
29 October: Coffee Beans sold 1183 shares of Marconi at 29.92 pences/share for £353.95. Gain of £129.02

Resignation

None yet !

Dividends Received

Kelda: £ 44.12
Persimmon: £10.88

Asset Summary

Company

No shares

Average price

Total Cost

Selling price

Net selling value

Profit or loss to date

Change

Tea leaves

Royal Sun Alliance

280

363.54

1017.92

374.00

1035.20

17.28

0.00

 

Send

28

0.00

0.00

96.00

14.88

14.88

6.44

 

Tesco

594

257.93

1532.13

241.00

1419.54

-112.59

38.61

Coffee beans

Colt Telecom

482

106.82

514.86

117.50

554.35

39.49

0.00

Enterprise Oil

184

551.36

1014.51

499.00

906.16

-108.35

-19.32

Kelda

255

398.29

1015.65

356.00

895.80

-119.85

2.55

 

Matalan

178

571.86

1017.91

362.00

632.36

-385.55

-196.69

 

Persimmon

253

401.68

1016.25

383.00

762.18

-254.07

7.59

365 Corp

242

212.99

515.44

8.00

7.36

-508.08

-2.42

Total

7129.81

6227.83

-1456.33

-163.24

Unit price is up from 123p to 124p.

 

5. CD Refs. Subscription

It was decided to discontinue with CD refs. subscription.

6. Review of current holdings

No Change

7. AOB

None

8. 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 : 11th December 2001