Yahoo is one I’d like to watch

http://uk.finance.yahoo.com/q?s=YHOO

Accounts August 2008

Hi guys

The new spreadsheet is here

http://www.expertwitnessinvestments.co.uk/15-August2008.xls

Simple now that everyone has the same share.  The focus is on gain and loss and I am concerned that we only have stop loss rules on 3 shares, we need them applying to KZG and BARC I think.

You will see that the spreadsheet has a suggestion of a 5% gain or loss for the sell rules, I would suggest that from next month (the 3rd Monday), if the club doesn’t agree an alternative then such rules are applied to all shares for the stop loss by default.

Let me know your thoughts here >>> http://expertwitnessinvestments.wordpress.com/2008/08/17/accounts-august-2008/

Co-Op and Selftrade

If I am not mistaken getting cash between these involves a direct debit set up, something we have yet to get to the bottom of.

I wrote to selftrade this week asking them what we need to do and so I will let you know what happens

Accounts July 2008

Everyone really does need to check these accounts.  The last set didn’t include the capital we held in cash and so was pretty far out.  I only realised when I came to the final calculations and nothing seemed to be right.

The details are almost complete.  The only question is whether the the figures Any gave me included the cash for August from everyone and/or the leavers.

Details

To consolidate
Alex            550.93
Dave        550.93
Mike        550.93
Ross        310.02
John            273.93
Andy        135.87
Simon        40.12
Peter        45.51
Total             2458.26

Stock
Europol = 1050
EAGA = 822 x 113.25 p = 930.92
BARC = 199 x 341.50 p = 679.59
VDM = 2186 x 4.13 p = 90.28
KZ = 11 x $18.00  (i think – KAZAKHG SP GDR REGS (KZG.IL)) $198 = 100.30
Total = 2851.09

Cash
£906.64 in the CO-OP
£7366.70 in the Selftrade
Total = 8273.34

The clubs value
2851.09 + 8273.34  – 2458.26
Total = 8666.19

Leavers
Ross and Gav

Dave        550.93
Mike        550.93
Ross + (Alex)    310.02 + 962.91 + (550.93) = 1823.86
John            273.93
Andy        135.87
Simon        40.12
Peter        45.51
Gav            962.91

New clubs value
Stock = 2851.09
Cash = 3889.28
8666.19 – (962.91+962.91)
Total = 6740.37
Each = 962.91

West China Cement

Company Symbol: WCC
Description:
West China Cement Limited is an investment holding company. The Company, through its subsidiaries is engaged in production and sales of cement, based in Shaanxi Province in the People’s Republic of China under the name of Yaobai Cement. Lantian Line One started production in March 2007 and Lantian Line Two in July 2007. During the year ended December 31, 2007, production at its Pucheng plant was 1.44 million tones. Its products include Yaobai 32.5 low heat slag Portland cement, Yaobai 32.5R Ordinary Portland cement, Yaobai 42.5 low heat Portland cement, Yaobai 42.5 moderate heat Portland cement and Yaobai 42.5 Ordinary Portland cement.
Reasons to Buy:
It’s China, so who else is going to use more cement. It has the word “Slag” in the description.

 

Ridge Mining

Company Symbol: RDG
Description:
Ridge Mining plc (Ridge) is a holding company engaged in the development of platinum group metals (PGMs) and associated metals. The Company’s key projects include the Blue Ridge project on the eastern limb of the Bushveld and the Sheba’s Ridge. The Sheba’s Ridge project is located about 30 kilometres west of Blue Ridge. The project is a joint venture between the Company (39%), Anglo Platinum (35%) and the Industrial Development Corporation of South Africa (IDC) (26%).
Reasons to Buy:
From 23rd June The AIM-quoted company, which began life as Cluff Mining, says an independent audit by SRK Consulting of the feasibility study on the project confirms that Sheba’s Ridge, in South Africa’s Bushveld, contains a potential 740,000 tonnes (1.6 billion lbs) of nickel, 290,000 tonnes (630 million lbs) of copper and 10.7 million oz of platinum group metals. Forecasting annual production of 23,000 tonnes of nickel, 11,000 tonnes of copper and 352,000 oz of platinum group metals, Ridge says it is discussing holding a bankable feasibility study into building an independent smelter for Sheba’s Ridge with its partners, Impala Platinum and Rainbow Minerals.   Ridge, headed by Lonrho platinum veteran Terence Wilkinson, now plans to mine 18 million tonnes of ore over 20 years from Sheba’s Ridge, which the company argues will ‘rank as one of the largest projects of its type in Africa’. Clearly, finance will be needed, but at 120p Ridge’s formerly bombed-out shares, recommended as a ‘punt’ by Growth Company Investor at 36p in 2005, should outperform several sector peers.   From 20th June THE chances of a major, independent nickel and platinum group metals (pgm) smelter being built in South Africa have improved following developments at Ridge Mining’s Sheba’s Ridge project.   Ridge announced last week that, together with its partner the Industrial Development Corporation (IDC), it is in “advanced discussions” with Impala Platinum (Implats) and African Rainbow Minerals (ARM) to form a joint venture to undertake a bankable feasibility study (BFS) into an independent smelter.

 

Train companies and/or Eurotunnel

National grid, transco or energy company

http://finance.yahoo.com/echarts?s=NGG#chart1:symbol=ngg;range=1y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

MORRISON, Aldi or Lidl or other supermarkets

http://finance.yahoo.com/echarts?s=MRW.L#chart1:symbol=mrw.l;range=2y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

Nufcor or Other Uranium share

Alexs thinks that this is stable enough and is a sound long term.  with a 20% stop loss and some if grows by x in y time sell.  Iwould like to consider

http://finance.yahoo.com/echarts?s=NU.L#chart1:symbol=nu.l;range=1y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined