Date and time: 8pm, 9th March 2006
Venue: Churchhill Pub, Swindon
Attendees: Paul "Pablo" Tompsett
Mark Nicholls
JP Coetzee
Mark de Hora
David Hanley
Tim Jordan
Bob Taylor
Andy "Cobbs" Robinson
Bret
So close to a full set - Only JP Missing
"
won't be able to make it tonight
- I've been off work with tonsillitis
for two days.
"
AGENDA
1. What we've sold
2. Current prices
3. Dividends
4. Adjust buy/sell
5. Paperwork
6. Homework
7. Voting
8. AOB
9. Next Meeting
MINUTES
1. What we've sold
C&W - *Chough*
BAA made 30%
MGNS made 42%
2. Current prices
Unit price: 98.38
3. Dividends
4. Adjust buy/sell
GOG High Sell to 30%
WOS High Sell To 1700
WOS Low Sell to last buy price
5. Paperwork
Reminder Of Tax Info For MN
6. Homework
Bob takes £1700
Spend £5,000
Leave £600
Utilities
National Grid (NG)
Good Div, Supply Of Electricity, Low PE, Going into USA, Lots of recs
Centrica (CNA)
4% Div, Supply gas, Neutral Recs
Renewable Energy (RWE)
Odd figures - Low volume
Renewable Energy Holdings (REH)
As it says on the tin, 1% div, started May 05, Low Volume
Voted - National Grid Won
Non Utilities
Carilliion
Construction, Ex Div 24 Jun 8p/322p Div, Buy from Independent, 2 Buys / 1
Neutral / 1 underweight
Hargreaves (HSP)
Waste Recycling and coke (Black version), 8p / 410p - good looking figures
GE
HUGE, 4.5% Div, P/E 20.7, Lots of strong buys
Aggreko (AGK)
Temporary Power Supplies, Big increase in profit as catastrophes hit USA, PE 25.
Also but REH back into POT
7. Voting
We voted on all the above.
NG - £2,000
HSP - £2000
REH - £1000
-20% +30%
8. AOB
Tax returns need for Mark Nicholls.
9. Next Meeting
April 29th April - Marks House for Poker
ACTION ITEMS
Action 1. Homework
Pharmichitical / Healthcare sector
Action by: All
Also we should have some detailed insights from Bob and Tim.....
Action 2. Tax returns.
Action by: All, nagged by Mark N.
Mark Nicholls
