Minutes of Roborough Investment Club Meeting #48 - 8th April 2003

Attendees: Alan Martin, Les Watson, Andy Davies, Dave Johnston, Geoff Floyd, Cyril Bouhallier Allan Proudfoot, Chris Bailey, Phil Ainsley, Andrew Watkins.

Apologies: Franz Fuchs, Wez Davey

Agenda

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

1. Review minutes of previous meeting

The previous minutes were accepted.

2. Review Actions

47.1 Cyril and Geoff to set up an e-mail alert service for the club's holdings - DONE.

3. Treasurer's Report

Shares purchase/sales this month

04 Mar 2003: Bought 182 Shares of Rotork at 196.80p/share for 499.08
19 Mar 2003: Bought 526 Shares of Tesco at 187.44p/share for 998.36
19 Mar 2003: Bought 182 Shares of Rexam at 362.10p/share for 997.33

07 Mar 2003: Sold 202 Shares of Rexam at 306.05p/share for 610.72
12 Mar 2003: Sold 364 Shares of Interserve at 192.08p/share for 470.78
12 Mar 2004: Sold 202 Shares of Chloride at 28.25p/share for 486.03
19 Mar 2004: Sold 5090 Shares of Marconi at 1.92p/share for 90.23

Resignation

None

Dividends Received

DS Smith : 18.20

Asset Summary


Company
No shares
Average price
Total Cost
Selling price
Net selling value
Profit or loss to date
Change
%
 Tea leaves Rexam
272
366.67
997.33
350.00
944.50
-52.83
-
-
 
Rotork
182
499.08
274.22
273.00
489.36
-9.72
-
-

Spirent
4295
23.28
999.86
15.00
636.75
-363.11
139.59
21.92
  Tesco
528
190.06
1003.53
178.50
934.98
-68.55
-
-
Coffee beans Chorion
4304
23.23
999.99
3.50
143.14
-856.85
 -21.52
-15.03
  Eckoch Technology
2000
39.13
782.56
11.00
212.50
-570.06
-15.50
-7.29
  DS Smith
650
154.36
1003.31
146.00
941.50
-61.81
-6.50
-0.69
  Kelda
505
396.83
2004.01
403.25
2028.91
24.90
-18.30
-0.90
  Securicor
755
132.55
1000.74
85.00
636.25
-366.49
50.96
8.03
  Urbium
4304
0.00
0.00
4.25
175.42
175.42
-43.04
-24.54
Total      
9290.41
 
7141.31
-2149.10
85.69
9.83

Unit price is down from 86p to 85p.

4. Review of current holdings

No specific actions arose

Les and Geoff reviewed the Tealeaves combined Technical Analysis (Tea Leave reading) and financial ratio investment system.

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 : 13th May 2003