Share club valuation @ 3 Mar 2018

richard@imutual
Posts: 6163
Joined: Wed Jun 23 2010 10:19am
Sharing: 2stars.png
Has thanked: 1880 times
Been thanked: 4097 times
Contact:

Share club valuation @ 3 Mar 2018

Post by richard@imutual » Sun Mar 04 2018 9:51am

Here are the figures for the Cashback Investment Club's latest valuation, based on our investments and cash holdings as at 3 Mar

Since the last valuation on 4 Feb, the club's unit price has dropped from £0.791 to £0.7733, a change of -2.24%. See Unit price calculations

Members have paid a further £60.56 into the club since 4 Feb, and these have been converted to units at the new price of £0.7733. You can see a history of your own payments here

We currently have 16 members who have made 321 payments into the club totalling £6,304.29. The total value of our current assets is £5,027.30. Our list of our past investment decisions can be found here, and valuations of our current holdings (based on market mid-prices) can be viewed here

Our current cash holdings consist of £309.85 held in our Co-op bank account, + a further £827.57 held in our Share Centre dealing account.

kevinchess1
Posts: 23770
Joined: Mon Jun 28 2010 11:02pm
Location: Miles away from the sea
Has thanked: 12599 times
Been thanked: 17167 times
Contact:

Re: Share club valuation @ 3 Mar 2018

Post by kevinchess1 » Sun Mar 04 2018 11:08am

A fairy tale story :?:
Grimm :thumbdown:
Politically incorrect since 69

Richard Frost
Posts: 13232
Joined: Tue Jun 29 2010 8:14pm
Location: The Isle of Dreams
Has thanked: 2874 times
Been thanked: 6862 times

Re: Share club valuation @ 3 Mar 2018

Post by Richard Frost » Sun Mar 04 2018 11:31am

I notice that thunderfrog has not boasted about making a profit recently.
Thanked by: kevinchess1, Kelantan

BeautifulSunshine
Posts: 26721
Joined: Tue Sep 14 2010 8:23pm
Location: [The Finest City in the World: London]
Has thanked: 192 times
Been thanked: 3686 times
Contact:

Re: Share club valuation @ 3 Mar 2018

Post by BeautifulSunshine » Mon Mar 05 2018 1:30pm

William Joseph1 wrote:I notice that thunderfrog has not boasted about making a profit recently.
I'm pleased to confirm that I understand that at times our share valuation will fall into negative. Furthermore, I shall continue to invest all of my cashback into the imutual Cashback Investment Club.
Thanked by: kevinchess1, blythburgh
[imutual Cashback Investment Club]

kevinchess1
Posts: 23770
Joined: Mon Jun 28 2010 11:02pm
Location: Miles away from the sea
Has thanked: 12599 times
Been thanked: 17167 times
Contact:

Re: Share club valuation @ 3 Mar 2018

Post by kevinchess1 » Tue Mar 06 2018 4:05pm

I support your strong moral if slightly askew principle
I haven't paid in a penny for 18 months and am unlikely to do so until tyhe CIC gets its siht togther
I do have some financial advice for you which will give you a better return that the CIC
Take a pound and change it into 4x20p, 1x 10p and 2 x5p
Take a 20p and a 5p and throw it away :shock:
Look at what you have and 'Congratulations!' you have made more money from your £1 that the CIC
Thanked by: Antony1606, blythburgh
Politically incorrect since 69

Boro Boy
Posts: 5048
Joined: Mon Sep 15 2014 6:05pm
Location: London
Has thanked: 982 times
Been thanked: 2013 times

Re: Share club valuation @ 3 Mar 2018

Post by Boro Boy » Wed Mar 07 2018 9:59am

It always strikes me that iMutual is the home of sarcasm.

If a house fell in price (when the general housing market fell) there would be a queue of people wanting to buy it as they would no doubt think it was going cheap! Shares have generally out performed the house price index over time so what's your worry? There should be a queue of people wanting to buy as the shares are going cheap in general terms.... There must be some lack of understanding. Make hay while the sun shines and allow for the passing of time; an important factor.

Either way stand by for the usual unqualified backlash of comment and iMutual standard sarcasm!
Thanked by: blythburgh

cccashbacklover
Posts: 2078
Joined: Mon Jul 05 2010 9:55pm
Has thanked: 1195 times
Been thanked: 1266 times
Contact:

Re: Share club valuation @ 3 Mar 2018

Post by cccashbacklover » Wed Mar 07 2018 10:31am

Boro Boy wrote:It always strikes me that iMutual is the home of sarcasm.

If a house fell in price (when the general housing market fell) there would be a queue of people wanting to buy it as they would no doubt think it was going cheap!

That may be true if was just an individual house being sold cheap for example at Auction.

"General Housing Market" falls in prices are usually caused by lack of buyer confidence/lack of buyers, recession/job losses/high Interest rates/fears of much higher Interest rates in these instances it is a lack of buyers which cause such general falls in house prices, the houses are actually hard to sell let alone queues of people wanting to buy as people who can buy would wait hoping for further house price falls.
Thanked by: blythburgh, kevinchess1

Boro Boy
Posts: 5048
Joined: Mon Sep 15 2014 6:05pm
Location: London
Has thanked: 982 times
Been thanked: 2013 times

Re: Share club valuation @ 3 Mar 2018

Post by Boro Boy » Wed Mar 07 2018 11:16am

cccashbacklover wrote:
Boro Boy wrote:It always strikes me that iMutual is the home of sarcasm.

If a house fell in price (when the general housing market fell) there would be a queue of people wanting to buy it as they would no doubt think it was going cheap!

That may be true if was just an individual house being sold cheap for example at Auction.

"General Housing Market" falls in prices are usually caused by lack of buyer confidence/lack of buyers, recession/job losses/high Interest rates/fears of much higher Interest rates in these instances it is a lack of buyers which cause such general falls in house prices, the houses are actually hard to sell let alone queues of people wanting to buy as people who can buy would wait hoping for further house price falls.
Your facts may be true but I'm sure that you can still see it was an example: people still buy in a falling market - it's cheaper!

kevinchess1
Posts: 23770
Joined: Mon Jun 28 2010 11:02pm
Location: Miles away from the sea
Has thanked: 12599 times
Been thanked: 17167 times
Contact:

Re: Share club valuation @ 3 Mar 2018

Post by kevinchess1 » Wed Mar 07 2018 2:55pm

Boro Boy wrote:It always strikes me that iMutual is the home of sarcasm.

Maybe thAT should be our motto :thumbup:
Boro Boy wrote: If a house fell in price (when the general housing market fell) there would be a queue of people wanting to buy it as they would no doubt think it was going cheap! Shares have generally out performed the house price index over time so what's your worry? There should be a queue of people wanting to buy as the shares are going cheap in general terms.... There must be some lack of understanding. Make hay while the sun shines and allow for the passing of time; an important factor.
You confusing 2 different things
The Unit Price is a reflection of how the club is doing.
It started at £1 and is now down to 73p
A loss of 27% in 3 years where as the Stock market has increased by 15%ish over the same period
But if you're confident that Now is the time to buy why not join us?
Last edited by kevinchess1 on Wed Mar 07 2018 3:09pm, edited 1 time in total.
Politically incorrect since 69

cccashbacklover
Posts: 2078
Joined: Mon Jul 05 2010 9:55pm
Has thanked: 1195 times
Been thanked: 1266 times
Contact:

Re: Share club valuation @ 3 Mar 2018

Post by cccashbacklover » Wed Mar 07 2018 3:06pm

If it wasnt for "peroid"

https://www.google.co.uk/search?q=peroi ... 8Aef35boBA :)

It would have been word spelling/gramma perfect :thumbdown: :lol:

Post Reply

Who is online

Users browsing this forum: No registered users and 7 guests