Minutes of Roborough Investment Club Meeting #45 - 14th January 2003

Attendees:Allan Proudfoot, Alan Martin, Andy Davies, Dave Johnston, Geoff Floyd, Cyril Bouhallier, Andrew Watkins, Wez Davey.

Apologies: Chris Bailey, Franz Fuchs, Phil Ainsley, Les Watson.

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

45.1: Geoff reported that he was not able to complete the action to investigate sector performances following last housing market.

3. Treasurer's Report

Shares purchase/sales this month

06 Dec 2002: 1758 Shares of Eckoh Technology at 14.44p for 267.13p

Resignation

None

Dividends Received

Chloride: £13.27

Asset Summary


 Company
No shares
Average price
Total Cost
Selling price
Net selling value
Profit or loss to date
Change
 %
Tea leaves Chloride
1747
57.21
999.50
32.00
551.54
-447.96
-104.82
 -19.0
  Marconi
5090
4.91
249.98
1.80
84.12
-165.86
-14.25
 -16.94

 Rexam
202
492.88
995.61
412.50
825.75
-169.86
55.55
 6.73
  Royal Sun Alliance
280
363.54
1017.92
126.00
340.80
-677.12
-58.80
 -17.25
  Tesco
2
258.5
5.17
191.50
-8.17
-13.34
-0.21
  -2.57
  Volex
482
279.67
1018.01
100.00
352.00
-666.01
36.40
 10.34
Coffee beans Chorion
4304
23.23
999.99
4.25
175.42
-824.57
-21.52
 -12.27
  Eckoch Technology
2000
39.13
782.56
13.00
248.00
-534.56
0.0
 0.0
  DS Smith
650
154.36
1003.31
147.00
948.00
-55.31
4.50
 0.47
  Kelda
505
396.83
2004.01
418.25
2092.66
88.65
244.92
 11.70
  Securicor
755
132.55
1000.74
84.00
626.70
-374.04
39.64
 6.33
  Urbium
4304
0.00
0.00
4.75
196.94
196.94
0.0
 0.0
Total      
10076.80
  
6433.76
-3643.04
181.41
 6.42

Unit price is up 6.42% from 91p to 93p.

4. Review of current holdings

No specific issues were being raised.

5. AOB

Reviewed Tealeaves new share purchase scheme.

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 : 11th February 2003