Share club valuation @ 1 Jul 2017

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Share club valuation @ 1 Jul 2017

Post by richard@imutual » Sat Jul 01, 2017 7:12 am

Here are the figures for the Cashback Investment Club's latest valuation, based on our investments and cash holdings as at 1 Jul

Since the last valuation on 10 Jun, the club's unit price has dropped from £1.0798 to £1.0259, a change of -4.99%. See Unit price calculations

Members have paid a further £159.95 into the club since 10 Jun, and these have been converted to units at the new price of £1.0259. You can see a history of your own payments here

We currently have 16 members who have made 276 payments into the club totalling £5,487.48. The total value of our current assets is £5,679.07. 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 £433.04 held in our Co-op bank account, + a further £125.20 held in our Share Centre dealing account.
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Re: Share club valuation @ 1 Jul 2017

Post by kevinchess1 » Sat Jul 01, 2017 3:43 pm

5% loss in a SINGLE month :shock:
V sad news
Maybe we should just sell everything
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Re: Share club valuation @ 1 Jul 2017

Post by AAAlphaThunder » Sat Jul 01, 2017 6:32 pm

kevinchess1 wrote:Maybe we should just sell everything
Better we don't.
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Re: Share club valuation @ 1 Jul 2017

Post by pieman » Sat Jul 01, 2017 8:42 pm

Hmm - not sure if this is correct

but according to the latest report I am only 0.023 % up compared to my investment

I am sure a couple of months ago I was up over 10% !!
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Re: Share club valuation @ 1 Jul 2017

Post by garindan » Mon Jul 03, 2017 2:05 pm

I'm afraid the election result and differences over BREXIT approach have wreaked havoc with the share market over the past weeks. I've been watching. Where were were ~12% up on our United Utilities investment we are now 8% down - about a 20% swing south. I imagine this has a lot to do with the potential of the Tory government collapsing and Mr Corbyn getting in and nationalising them. It seems that we should have sold this share when it was at the all-time high. This has happened twice now, to some extent, with this share and next time it happens, which I expect it will, we'll need to consider selling moreover holding for the income.

I'm not so sure the recent downturn in our portfolio is because the companies we hold shares in are "bad" - it is just another change in the tide. We need to be prepared for that kind of change in the wind.

I think we need to remain positive and continue as we have been. Most of our investments are long-term and as such we should be comfortable sitting tight and riding storms out and caution against selling just because we were up and are now about even again.
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