23rd August 2000
Home Up

 

Date and time: 8.30pm 23 August 2000
Venue: Mill House, Gloucester Rd, Bristol

Attendees:
John Peprell
Andy "Cobbs" Robinson
Mark Nicholls
JP Nicholls

AGENDA

1. Choose 3 investments.
2. Psion so far
3. Investing in a brewery
4. Next meeting

MINUTES

1. Mark did a lot of homework for all of us. I had some stuff for Tadpole from a trade rag. We looked at:
Pilkington
Lasmo oil
Express Dairies
Tesco
BSkyB
Volex
Tadpole Technology
Photo-Me
Somerfield
Hyder
Railtrack

We decided to invest in Express Dairies, Tadpole and Photo-Me.

Express Dairies
Buy Price: Below 80
High Sell Price: 99 (EVERYONE will sell at 100!)
Low Sell Price: 60

Tadpole
Buy Price: Below 50
High Sell Price: 65
Low Sell Price: 35

Photo-Me:
Buy Price: Below 100 (volatile - check)
High Sell Price: 199
Low Sell Price: 60

2. Psion at 750 today - we bought at 669

3. We want to invest in a brewery because we've been investing in them for years anyway. Look at them for next time.

4. Next meeting still the Savoy 6th September.

Cobbs won't be there, Bob will.

ACTION ITEMS

Action 1. Everyone in the club to find a new share.

Preferably not technology sector... breweries?

Action by: All

JP Nicholls 23 August 2000