Minutes of meeting - 12th November 1999
Minutes of Meetings of Ermyn Investment Club
21 March 2000
Present: DH, RM, GA, AH
- DH provided the financial report -
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Static performance since Nov 1999
Shares now worth 73.97p
£1050 in the Bank
Total value £6133 - How can we do better?
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Size of club limits buying opportunities
Decisions have been good on purchases
Selling decision has not been good in most cases as we have sold too early or too late
Short on tips - where do we get info that will work for us?
Despite the lacklustre performance all agreed to continue. - Further prospects reviewed -
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Freeserve, Admiral, Lynx, Laird, Antisoma, Aim Trust, Scottish Power, Eidos
GA agreed to spend some time on research during his holiday and communicate with AH.
Also all agreed that the Proposer should own the share until sold.
Current portfolio Greenwich 4000shares Review at 14p Desire 80shares No levels set Ransome 1700shares Stop loss 45p - Review at 60p M&S 300shares Review at 375p Corp Svs 750shares Stop loss 95p - Review at 138p Scott & New 160shares Tepnel 800shares Sell at 101p
Meeting ended 7.30pm.
On 6 April 260 Eidos shares were purchased at £3.26.
RM
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