Our next purchase, further to my previous post...

Discussion of the proposed Cashback Investment Club

Moderator: CIC officers

Re: Our next purchase, further to my previous post...

Postby Boro Boy » Thu Apr 20, 2017 2:47 pm

underdog wrote:
Boro Boy wrote:Had you considered investing in a Unit Trust, at this early stage in the investment club it could spread your assets in a way that would be impossible by investing in individual shares and you get fund management thrown in as well...

Just an idea.


Fund management is provided on a fee basis. This would reduce our profit margin.


...and spread you risk potentially on an international basis.
Boro Boy
 
Posts: 1568
Joined: Mon Sep 15, 2014 5:05 pm
Location: London
Has thanked: 619 times
Been thanked: 841 times

Re: Our next purchase, further to my previous post...

Postby Boro Boy » Thu Apr 20, 2017 2:48 pm

garindan wrote:
Boro Boy wrote:Had you considered investing in a Unit Trust, at this early stage in the investment club it could spread your assets in a way that would be impossible by investing in individual shares and you get fund management thrown in as well...

Just an idea.


Not really. Investing in a Unit Trust wouldn't really sit well with the ethos of an investment club. We would be completely removed from the operation of the Trust. One of the ideas behind investment clubs is you learn from investing - from those members who are more experienced and experimentation in buying and selling. It is even more ideal if the money you are using is free!



...fair enough. :thumbup:

Thanked by: garindan
Boro Boy
 
Posts: 1568
Joined: Mon Sep 15, 2014 5:05 pm
Location: London
Has thanked: 619 times
Been thanked: 841 times

Re: Our next purchase, further to my previous post...

Postby garindan » Thu Apr 20, 2017 3:48 pm

Boro Boy wrote:
garindan wrote:
Boro Boy wrote:Had you considered investing in a Unit Trust, at this early stage in the investment club it could spread your assets in a way that would be impossible by investing in individual shares and you get fund management thrown in as well...

Just an idea.


Not really. Investing in a Unit Trust wouldn't really sit well with the ethos of an investment club. We would be completely removed from the operation of the Trust. One of the ideas behind investment clubs is you learn from investing - from those members who are more experienced and experimentation in buying and selling. It is even more ideal if the money you are using is free!



...fair enough. :thumbup:


Feel free to contribute more - we are always happy to hear opinions :thumbup: I for one, certainly cannot profess to be being an expert :lol:
Chairman: iMutual's Cashback Investment Club (CIC) - contact me about joining!
Visit the Cashback Investment Club forum to find out more.

Thanked by: Boro Boy
garindan
 
Posts: 1583
Joined: Wed Jun 30, 2010 2:20 pm
Location: Midlands
Has thanked: 851 times
Been thanked: 1012 times

Re: Our next purchase, further to my previous post...

Postby garindan » Fri Apr 21, 2017 10:30 am

So does anyone want to make a further suggestion for a share we could potentially be considering?
Chairman: iMutual's Cashback Investment Club (CIC) - contact me about joining!
Visit the Cashback Investment Club forum to find out more.
garindan
 
Posts: 1583
Joined: Wed Jun 30, 2010 2:20 pm
Location: Midlands
Has thanked: 851 times
Been thanked: 1012 times

Re: Our next purchase, further to my previous post...

Postby Derbiean » Fri Apr 21, 2017 2:05 pm

Do we deal with anything from the FTSE 250?
Derbiean
 
Posts: 303
Joined: Sat Feb 06, 2016 11:49 pm
Has thanked: 206 times
Been thanked: 393 times

Re: Our next purchase, further to my previous post...

Postby garindan » Fri Apr 21, 2017 2:10 pm

Derbiean wrote:Do we deal with anything from the FTSE 250?


From that list Carillion and Berkeley are both FTSE250, the rest are FTSE100.
Chairman: iMutual's Cashback Investment Club (CIC) - contact me about joining!
Visit the Cashback Investment Club forum to find out more.
garindan
 
Posts: 1583
Joined: Wed Jun 30, 2010 2:20 pm
Location: Midlands
Has thanked: 851 times
Been thanked: 1012 times

Re: Our next purchase, further to my previous post...

Postby Derbiean » Fri Apr 21, 2017 5:30 pm

Okay I'll throw in Virgin Money for no other reason than the share centre sent me an email giving it as an exclusive share tip https://www.share.com/find-investments/ ... omers%20(1)&utm_content=

Bullish points
One of the better known names in the sector, with a highly rated CEO in Jayne-Anne Gadhia.
Analysts have become more positive on the group.
Customer numbers are growing at around 35,000 a month.
Exposure is concentrated to online retail customers.

Bearish points
Brexit is set to hang over the sector and economy for some time.
Lending margins are under pressure, as a result of competitive pressures.
Interest rates look likely to remain low for some time yet.

SHARE FACTS
Price* 302.60p
Market FTSE 250
Sector Banking
Risk Medium

Might be worth looking at tho the risk being at medium makes me wonder if it fits within the criteria we use for purchasing shares. Price doesn't seem too bad.

Thanked by: kevinchess1garindan
Derbiean
 
Posts: 303
Joined: Sat Feb 06, 2016 11:49 pm
Has thanked: 206 times
Been thanked: 393 times

Re: Our next purchase, further to my previous post...

Postby garindan » Tue Apr 25, 2017 12:33 pm

A good deal of silence is observed bar Derbiean. Anyone else have anything to add?
Chairman: iMutual's Cashback Investment Club (CIC) - contact me about joining!
Visit the Cashback Investment Club forum to find out more.
garindan
 
Posts: 1583
Joined: Wed Jun 30, 2010 2:20 pm
Location: Midlands
Has thanked: 851 times
Been thanked: 1012 times

Re: Our next purchase, further to my previous post...

Postby parchedpeas » Tue Apr 25, 2017 2:23 pm

Not really. Looking to move towards a vote, and I'll be backing BKG and Lloyds.

Thanked by: kevinchess1
parchedpeas
 
Posts: 113
Joined: Tue Jun 29, 2010 12:34 pm
Has thanked: 65 times
Been thanked: 94 times

Re: Our next purchase, further to my previous post...

Postby kevinchess1 » Tue Apr 25, 2017 2:32 pm

Yes
I suspect I will back Lyyids or Burgerking as well
Fortune favours the fortunate
kevinchess1
 
Posts: 17505
Joined: Mon Jun 28, 2010 10:02 pm
Location: Miles away from the sea
Has thanked: 10069 times
Been thanked: 11708 times
Sharing: *

PreviousNext

Return to Cashback Investment Club

Who is online

Users browsing this forum: No registered users and 0 guests