Share club valuation @ 15 Apr 2018

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Share club valuation @ 15 Apr 2018

Post by richard@imutual » Sun Apr 15 2018 6:20pm

Here are the figures for the Cashback Investment Club's latest valuation, based on our investments and cash holdings as at 15 Apr

Since the last valuation on 3 Mar, the club's unit price has increased from £0.7733 to £0.8099, a change of 4.73%. See Unit price calculations

Members have paid a further £161.91 into the club since 3 Mar, and these have been converted to units at the new price of £0.8099. You can see a history of your own payments here

We currently have 16 members who have made 326 payments into the club totalling £6,466.20. The total value of our current assets is £5,427.16. 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 £483.49 held in our Co-op bank account, + a further £841.29 held in our Share Centre dealing account.
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Re: Share club valuation @ 15 Apr 2018

Post by BeautifulSunshine » Tue Apr 17 2018 7:12am

Funds continue to flow into the CIC unabated.
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Re: Share club valuation @ 15 Apr 2018

Post by Richard Frost » Tue Apr 17 2018 8:40am

Thunderfog wrote:Funds continue to flow into the CIC unabated.
Just not doing anything though, I get better returns on my money with my current account at Nationwide.
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Re: Share club valuation @ 15 Apr 2018

Post by pabenny » Tue Apr 17 2018 10:23am

The FTSE 100 has gained around 10% over the three years since the CIC began.
The CIC has lost around 20%.

Doesn't inspire or attract, does it.

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Re: Share club valuation @ 15 Apr 2018

Post by BeautifulSunshine » Tue Apr 17 2018 12:40pm

pabenny wrote:The FTSE 100 has gained around 10% over the three years since the CIC began.
The CIC has lost around 20%.

Doesn't inspire or attract, does it.
Depends up on whether or not you have the money to lose.
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Re: Share club valuation @ 15 Apr 2018

Post by Richard Frost » Tue Apr 17 2018 1:28pm

Thunderfog wrote:
pabenny wrote:The FTSE 100 has gained around 10% over the three years since the CIC began.
The CIC has lost around 20%.

Doesn't inspire or attract, does it.
Depends up on whether or not you have the money to lose.
No one in their right mind has money to lose. Says a lot about you, I reckon.

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Re: Share club valuation @ 15 Apr 2018

Post by pabenny » Tue Apr 17 2018 2:26pm

William Joseph1 wrote:No one in their right mind has money to lose.
True. But if you are unwilling to take the risk of a (nominal) loss, you should save in a bank/building society, or some other risk-free investment.

Investment in equities carries risks and the potential for superior returns, and all of us who invest in equities acknowledge that there is some risk. A fund investing in 'safe' stocks (ie UK equities) should be producing a return at least vaguely in line with the market.
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Re: Share club valuation @ 15 Apr 2018

Post by Richard Frost » Tue Apr 17 2018 2:34pm

No one in their right mind invests to make a loss. I accept that a nominal loss could be made but investing to make a loss is financial madness. 20% loss could be said to be financial mismanagement. especially when the CIC voted not to sell a share that was obviously only going down and had no hope of recovering in any shape or form.

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Re: Share club valuation @ 15 Apr 2018

Post by BeautifulSunshine » Tue Apr 17 2018 6:56pm

William Joseph1 wrote:
Thunderfog wrote:
pabenny wrote:The FTSE 100 has gained around 10% over the three years since the CIC began.
The CIC has lost around 20%.

Doesn't inspire or attract, does it.
Depends up on whether or not you have the money to lose.
No one in their right mind has money to lose. Says a lot about you, I reckon.
I have money to lose.
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Re: Share club valuation @ 15 Apr 2018

Post by kevinchess1 » Tue Apr 17 2018 7:28pm

Well okay then but I very much doubt that any of the rest of us are happy with the situation :thumbdown:
As all ready posted if you invest in ‘Ordinary boring shares ‘ then you should track the market
Our club is V conservative in nature but still we are down
Not a single share in profit and the club is just drifting
Over £1,000 cash in hand but we have no clear mandate on how to proceed
Richard has posted 2 polls and about a third of the members could not be arsed to vote
No sign of the promised proposal from our chairman
And I don’t even know why I bother anymore
All V depressing :thumbdown:
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