So lets buy something

Discussion of the proposed Cashback Investment Club

Moderator: CIC officers

garindan
Posts: 1966
Joined: Wed Jun 30, 2010 3:20 pm
Location: Midlands
Has thanked: 1026 times
Been thanked: 1226 times
Contact:

Re: So lets buy something

Post by garindan » Thu Feb 05, 2015 4:06 pm

Hi everyone - I've done my bit of research on Aerospace and Defense FTSE shares. Do take a look. Next week I shall take a look at all the share research and suggest a shortlist of candidates for us consider for investment.
Thanked by: Beachboy
Chairman: iMutual's Cashback Investment Club (CIC) - contact me about joining!
Visit the Cashback Investment Club forum to find out more.

AAAlphaThunder
Posts: 25183
Joined: Tue Sep 14, 2010 8:23 pm
Has thanked: 214 times
Been thanked: 3693 times
Contact:

Re: So lets buy something

Post by AAAlphaThunder » Thu Feb 05, 2015 6:21 pm

garindan wrote:Hi everyone - I've done my bit of research on Aerospace and Defense FTSE shares. Do take a look. Next week I shall take a look at all the share research and suggest a shortlist of candidates for us consider for investment.
I've had a look and it looks like you've done a better job that me. I'll try and imitate your work next time around.
[Secretary] imutual Cashback Investment Club

garindan
Posts: 1966
Joined: Wed Jun 30, 2010 3:20 pm
Location: Midlands
Has thanked: 1026 times
Been thanked: 1226 times
Contact:

Re: So lets buy something

Post by garindan » Wed Feb 11, 2015 3:02 pm

So I have done some review. At the moment, despite some saying we have done lots of research it would seem nobody has yet taken a look at anything in the financial services FTSE100 that we had agreed to look into, where the majority of share choices are from our set of sectors.

The above aside, we have done some research. The 'better' rated investments are the most costly shares to buy:

AstraZenica 4490p
GlaxoSmithKiline 1512
Shire 4762p

The cheaper shares don't seem to have ignited any great desire to invest but there seems to be some potential in:

United Utilities Group Plc 985p

The supermarkets pose a bit of a quandary, particularly in the case of Tesco, which we should have considered with a bit more bravery back earlier last year when the share price was in the 160 range (now 50% up @240). I personally wonder whether there is much left to see in gains at the moment.

So I am not sure where this leaves us. For me, in the interests of moving things forward, the prospect of either GSK or United Utilities Group makes sense.

What do members think? Would you be happy to vote on either of these, would we need a third option or is there something else we need to consider?
Chairman: iMutual's Cashback Investment Club (CIC) - contact me about joining!
Visit the Cashback Investment Club forum to find out more.

garindan
Posts: 1966
Joined: Wed Jun 30, 2010 3:20 pm
Location: Midlands
Has thanked: 1026 times
Been thanked: 1226 times
Contact:

Re: So lets buy something

Post by garindan » Wed Feb 11, 2015 3:16 pm

I should add that we could have Sainsburys or Tesco or both into the vote if people think it is wise to do so.
Thanked by: kevinchess1, Beachboy
Chairman: iMutual's Cashback Investment Club (CIC) - contact me about joining!
Visit the Cashback Investment Club forum to find out more.

kevinchess1
Posts: 22837
Joined: Mon Jun 28, 2010 11:02 pm
Sharing: 3stars.png
Location: Miles away from the sea
Has thanked: 13076 times
Been thanked: 16828 times
Contact:

Re: So lets buy something

Post by kevinchess1 » Wed Feb 11, 2015 3:16 pm

Lets vote on your suggestion with a 'None of the above/don't buy anything option.'
Bye the bye
How much have we got in cash?
Politically incorrect since 69

Beachboy
Posts: 1136
Joined: Tue Jun 29, 2010 9:53 pm
Has thanked: 1429 times
Been thanked: 1371 times
Contact:

Re: So lets buy something

Post by Beachboy » Thu Feb 12, 2015 8:40 am

Yes I agree a vote to consider buying something is good idea. Whilst we don't want to just buy things willy-nilly it would be good to start looking at making some purchases to keep the interest up. :thumbup:
Thanked by: kevinchess1

AAAlphaThunder
Posts: 25183
Joined: Tue Sep 14, 2010 8:23 pm
Has thanked: 214 times
Been thanked: 3693 times
Contact:

Re: So lets buy something

Post by AAAlphaThunder » Thu Feb 12, 2015 12:30 pm

garindan wrote:So I am not sure where this leaves us. For me, in the interests of moving things forward, the prospect of either GSK or United Utilities Group makes sense.
You have chosen wisely Chairman Sir. Whatever happens it is win win.

Let's get this show on the road. GSK v UUG I would go with UUG as it has potential and is cheaper so we get more bang for our bucks. GSK costs a fair bit more although it is a solid performer so can command such a premium.
[Secretary] imutual Cashback Investment Club

AAAlphaThunder
Posts: 25183
Joined: Tue Sep 14, 2010 8:23 pm
Has thanked: 214 times
Been thanked: 3693 times
Contact:

Re: So lets buy something

Post by AAAlphaThunder » Thu Feb 12, 2015 12:33 pm

kevinchess1 wrote:Lets vote on your suggestion with a 'None of the above/don't buy anything option.'
This is a Cashback Investment Club (CIC). Not Cashback Saving Club (CSC) or Cashback Talk Do Nothing Club (CTDNC).
[Secretary] imutual Cashback Investment Club

garindan
Posts: 1966
Joined: Wed Jun 30, 2010 3:20 pm
Location: Midlands
Has thanked: 1026 times
Been thanked: 1226 times
Contact:

Re: So lets buy something

Post by garindan » Thu Feb 12, 2015 2:08 pm

Ok then, so I propose we do a poll. In the poll we will have four options, as follows:

GSK
UUG
SBRY
TSCO

I shall start the poll next Tuesday unless there are any objections to the proposal above.

I shall do another member update in between, but we have over £1k to invest.

In the meantime there are two further things we need to consider when we buy the share, as follows:

- what will be our base sell price should we decide to cut our losses and exit?
- what will be our acceptable selling price should we be able to exit for a profit?

We need to know these figures as we don't want to be holding polls on exit as we could miss a windfall or experience further loss....

Thoughts welcome!

Andrew
Thanked by: burwin
Chairman: iMutual's Cashback Investment Club (CIC) - contact me about joining!
Visit the Cashback Investment Club forum to find out more.

kevinchess1
Posts: 22837
Joined: Mon Jun 28, 2010 11:02 pm
Sharing: 3stars.png
Location: Miles away from the sea
Has thanked: 13076 times
Been thanked: 16828 times
Contact:

Re: So lets buy something

Post by kevinchess1 » Thu Feb 12, 2015 2:14 pm

underdog wrote:
kevinchess1 wrote:Lets vote on your suggestion with a 'None of the above/don't buy anything option.'
This is a Cashback Investment Club (CIC). Not Cashback Saving Club (CSC) or Cashback Talk Do Nothing Club (CTDNC).

Seems to me all we've done is 'Talk Do Nothing Club.' :thumbdown:
Thanked by: Oggy
Politically incorrect since 69

Post Reply

Who is online

Users browsing this forum: No registered users and 1 guest