imutual.co.uk

Here are the figures for the Cashback Investment Club's latest valuation, based on our investments and cash holdings as at 10 Nov

Since the last valuation on 8 Oct, the club's unit price has increased from £0.8065 to £0.8109, a change of 0.55%. See Unit price calculations

Members have paid a further £50 into the club since 8 Oct, and these have been converted to units at the new price of £0.8109. You can see a history of your own payments here

We currently have 15 members who have made 340 payments into the club totalling £6,422.62. The total value of our current assets is £5,460.96. 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 £102.56 held in our Co-op bank account, + a further £376.72 held in our Share Centre dealing account.

Maybe a good idea to transfer the £102.56 held in the CIC Co-Op bank account into the CIC Share Centre Dealing Account?

I'd rather not, as we have £117.92 paid in by members who have yet to complete the joining process. They need chasing up, but they could ask for the funds to be repaid, so this isn't really money that we have available to invest

If we want to make a further investment we should sell something first

You currently have 2 shares in profit
I’d suggest selling them both quickly

nohhhhh.... run your winners .

planteria wrote:nohhhhh.... run your winners .

Run our winners how far? I like the idea of this but as yet no-one who has suggested this has to date provided any information about how we know when we have ridden them as far as they go or what there potential is. Also more fundamentally how do we know whether shares are winners or not in the first place?