RSIC Mechanical Portfolio Update

January 2005

1         Notes

It was another excellent month with the portfolio up £840 (5.7%).

 

4Imprint Group was the best performer, up 30% on the month. Good gains also from SportingBet, McAlpine, Taylor Woodrow and Bellway.

 

Bellway was bought using the value criteria last month and is already up nearly 10%.

 

A dividend of £13.93 from Lambert Howarth was paid during the month. Hyder Consulting and Bellway have gone ex-dividend.

 

We will make our 6th purchase using the growth criteria this month. Hunting, an oil services company, is top of the list. Following this purchase the portfolio will be fully invested and the remaining cash held will be solely as a result of the balancing method.

 

NB:

Last month I reported how I intended to filter out all companies that report in non-Sterling currencies. Having considered the matter further I have decided not to do this, Any company that reports in Euros or US Dollars will now be included but will have their results converted to Sterling at the prevailing rate before the filtering and ranking takes place. The list will also include companies who are quoted in Euros or Dollars – these will likewise be converted to Sterling.

 


2         Valuation

2.1        Current Holdings

 

Type

Company

EPIC

Purchase Date

Price

# Shares

Total Cost

Dividends Received

Valuation Date

Current Bid Price

Share Value

Total (inc Dividends)

Profit / Loss

Profit / Loss %

Value

Wagon

WAGN

01/03/04

198.00

514

£1,034.81

£25.70

31/12/04

170.00

£861.80

£887.50

-£147.31

-14.24%

Growth

Horizon Technology

HOR

24/03/04

66.50

1587

£1,077.91

 

31/12/04

76.00

£1,194.12

£1,194.12

£116.21

10.78%

Growth

4imprint Group

FOUR

21/05/04

141.50

710

£1,021.67

£12.43

31/12/04

188.00

£1,322.80

£1,335.23

£313.56

30.69%

Value

Fyffes

FFY

30/06/04

117.34

897

£1,075.01

£7.47

31/12/04

133.50

£1,185.49

£1,192.96

£117.95

10.97%

Growth

SportingBet

SBT

21/07/04

99.05

1053

£1,060.21

 

31/12/04

188.50

£1,972.90

£1,972.90

£912.69

86.09%

Value

McAlpine (Alfred)

MCA

18/08/04

254.70

402

£1,041.01

£19.90

31/12/04

305.00

£1,214.10

£1,234.00

£192.99

18.54%

Growth

Hyder Consulting

HYC

08/09/04

150.00

730

£1,112.48

 

31/12/04

167.00

£1,207.10

£1,207.10

£94.62

8.51%

Value

Lambert Howarth

LMBT

05/10/04

272.00

398

£1,099.97

£13.93

31/12/04

297.00

£1,170.06

£1,183.99

£84.02

7.64%

Growth

Oystertec

OYS

03/11/04

24.65

4512

£1,129.77

 

31/12/04

24.00

£1,070.88

£1,070.88

-£58.89

-5.21%

Value

Taylor Woodrow

TWOD

03/11/04

242.39

459

£1,130.13

 

31/12/04

270.00

£1,227.30

£1,227.30

£97.17

8.60%

Value

Bellway

BWY

08/12/04

724.40

168

£1,235.07

 

31/12/04

815.50

£1,358.04

£1,358.04

£122.97

9.96%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

 

 

 

 

£12,018.04

£79.43

 

 

£13,784.59

£13,864.02

£1,845.98

15.36%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash

 

 

 

 

 

 

 

 

£1,733.22

 

 

 

 

Total Portfolio Value

 

 

 

 

 

 

 

 

£15,517.81

 

£4,217.81

37.33%

 

Previous valuation: £14,676.90

 


Previous Holdings

 

Type

Company

EPIC

Purchase Date

Price

# Shares

Total Cost

Dividends Received

Sale Date

Sale Price

Share Proceeds

Total (inc Dividends)

Profit / Loss

Profit / Loss %

Value

Countryside Properties

CYD

18/10/01

157.60

497

£799.19

£32.40

17/10/02

173.40

£849.80

£882.20

£83.01

10.39%

Value

Wimpey (George)

WMPY

13/12/01

196.31

399

£799.20

£34.12

18/12/02

230.00