Discussion of the proposed Cashback Investment Club
Moderator: CIC officers
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garindan
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by garindan » Fri Dec 13 2019 12:31pm
I have sold this share. Details as follows:
Purchase
FDM Group 123 @811.00 £997.74
Sale
FDM Group 123 @1008.41 £1240.34
Commission -£8.68
Proceeds £1231.66
Dividends received £0.00
+/- = +£233.92 / +23.4%
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an6ypan6y
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by an6ypan6y » Fri Dec 13 2019 2:56pm
Great result Thanks.
Also a good demonstration of a much more agile way of working.
I would also like to see these added to the watch list as their performance does seem to be a bit up and down.
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garindan
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by garindan » Fri Dec 13 2019 3:04pm
an6ypan6y wrote: ↑Fri Dec 13 2019 2:56pm
Also a good demonstration of a much more agile way of working.
I think you are correct. This system does seem to work better than the previous ways of working. The key is still to keep abreast of happenings and get in the habit of updating your share votes accordingly. Ideally everyone in the Club should have the monitoring threads on their post watch list, getting updates when responses are posted. That way if something happens and an imutual member posts an update there will be a nudge to review.
an6ypan6y wrote: ↑Fri Dec 13 2019 2:56pm
I would also like to see these added to the watch list as their performance does seem to be a bit up and down.
This is a good idea. Adding all the past investments, rejected choices and so forth since we started the new system would be helpful but I am not sure how much of an overhead it will be for Mr Secretary.
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BeautifulSunshine
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by BeautifulSunshine » Fri Dec 13 2019 4:28pm
garindan wrote: ↑Fri Dec 13 2019 3:04pm
an6ypan6y wrote: ↑Fri Dec 13 2019 2:56pm
Also a good demonstration of a much more agile way of working.
I think you are correct. This system does seem to work better than the previous ways of working. The key is still to keep abreast of happenings and get in the habit of updating your share votes accordingly. Ideally everyone in the Club should have the monitoring threads on their post watch list, getting updates when responses are posted. That way if something happens and an imutual member posts an update there will be a nudge to review.
an6ypan6y wrote: ↑Fri Dec 13 2019 2:56pm
I would also like to see these added to the watch list as their performance does seem to be a bit up and down.
This is a good idea. Adding all the past investments, rejected choices and so forth since we started the new system would be helpful but I am not sure how much of an overhead it will be for Mr Secretary.
As you wish. Give me a list and forget about it. It is as good as done.
[imutual Cashback Investment Club]
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garindan
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by garindan » Fri Dec 13 2019 4:46pm
This was our third best sale ever and the best result since we sold HSBC on the 7th September 2016!
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Beachboy
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by Beachboy » Sat Dec 14 2019 8:44am
Also we made over 20% profit for a share we held less than a month. That's very pleasing!
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blythburgh
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by blythburgh » Sat Dec 14 2019 10:28am
Wonderful news. Not in the club but always hope for good news for the members
Keep smiling because the light at the end of someone's tunnel may be you, Ron Cheneler
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