Date and time: 4.00pm 11th September 2004

Venue: Cobbs' House

Attendees: 

Paul "Pablo" Tompsett
Mark Nicholls
Andy "Cobbs" Robinson
David Hanley

Late arrival  - John Peprell
 

AGENDA

1. What we've sold
2. Current prices
3. Dividends
4. Adjust buy/sell
5. Paperwork
6. Homework
7. Next Meeting

MINUTES

1. What we've sold
Pixology - loss of 154.49
DCF - will be sold (due to a buyout) we should break even on this share.

2. Current prices

BP 509 19%
CPK 79 -12%
C&W 113.50 -69%
C&W 113.50 -61%
C&W 113.50 -47%
DCF 107.00 -1%
HDYS 502.50 -1%
KESA 287.00 25%
KGF 274.25 25%
MTO 137.00 -6%
NNG 125.50 14%
PILK 90.75 7%
SMIN 720.00 -0%
SVT 845.00 15%
WKP 1865.00 1%

3. Dividends
 

PILK - 29.12
Hardys - 18.50
Workspace - 14.70
C&W - 33.64

4. Adjust buy/sell

KGF / Kess - Moved to +20 low and +30 High to lock in profit - worked out at todays prices

5. Paperwork

David's joining form to be signed by secretary at next meeting.

6. Homework
 

Tim
SIG - roofing insulation specialist.  New EU rules mean it is the biggest player in the country and it will have contracts up to 2006.  Figures look good strongly tipped

Mark
BAT - British American Tobbacco - Could be effected too much by the new laws and law suits.

Pablo
Halfords (HFD)
Not much information about them but they have recently floated and are expanding and opening new stores

David
Brandon Tool Hire (BDH) - Turnover up 19% with double in profits.  Good dividend

Cobbs
Stadium Group (SDM)
Contract for making potties for Mothercare.  Good dividend.  Tipped.

BDH Won (very close to SIG) agreed on 1,500 invested with +/- 20% stop losses

7. Next Meeting

12 October at the Air Balloon at 8pm


ACTION ITEMS
 

Action 1.
MN to look into 'tax credits' on dividends



Action 2. Homework

Action by: All

M Nicholls