Discussion of the proposed Cashback Investment Club
Moderator: CIC officers
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garindan
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by garindan » Wed Jul 10, 2019 8:24 am
This thread is for all discussion about our Medica shareholding. Please ensure your current view on the share is noted as either Hold, Buy or Sell.
Hold - keep the share
Buy - look to add to share or at least hold
Sell - sell the share
We currently own:
Medica : 784 shares on 10 July 2019 @£1.275 costing £999.70
Please contribute to the Club by posting any news, thoughts or respond to members posts about the share in this thread.
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AAAlphaThunder
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by AAAlphaThunder » Thu Jul 25, 2019 12:45 pm
Medica Group is up 5%. It's going in the right direction.
Currently, only six members have cast their "Hold / Buy / Sell" vote. My concern is, if the share performs well, will six votes be sufficient to sell for a respectable profit?
[Secretary] imutual Cashback Investment Club
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garindan
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by garindan » Fri Oct 25, 2019 3:33 pm
Medica is rising - now at 142p, so about 10% up as I type.
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Beachboy
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by Beachboy » Wed Oct 30, 2019 1:11 pm
Pushing 15% up at the moment on purchase price. I have changed my vote to sell and cash in the profit. Yes it could go up and it might be too soon (but we would only know with hindsight). However personally I feel a profitable sale at this time would stimulate a bit more positive momentum. Things with the CIC have really picked up in the last few months in terms of positive attitude of members and steady performance of our investments as a portfolio.

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garindan
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by garindan » Wed Oct 30, 2019 2:17 pm
Beachboy wrote: ↑Wed Oct 30, 2019 1:11 pm
Pushing 15% up at the moment on purchase price. I have changed my vote to sell and cash in the profit. Yes it could go up and it might be too soon (but we would only know with hindsight). However personally I feel a profitable sale at this time would stimulate a bit more positive momentum. Things with the CIC have really picked up in the last few months in terms of positive attitude of members and steady performance of our investments as a portfolio.
I agree. Not been online to check today, so appreciate your post - this is exactly why these threads are here!
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