RSIC Mechanical Portfolio Update

April 2005

1         Notes

The portfolio suffered its first monthly fall for 6 months, dropping by nearly £700 (3.7%). By comparison, the FTSE All Share fell by 0.9%.

 

Most of the damage was done by Lambert Howarth (-10%), Oystertec (-17%), and Wagon (-12%). On the plus side, new addition Carclo rose 8%.

 

Hyder Consulting has joined SportingBet in having risen above its target price and since falling below the stop loss level that will apply from its anniversary date. If we had sold it as soon as it dropped below the stop loss level then we would have received about 200p compared to the current 192p.

 

There are no transactions due this month due to Crest Nicholson being held past its anniversary date last year. As it happens, even if we were due to buy another value stock there aren’t any candidates available!

 

 

 

 

 

 


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 %

Growth

4imprint Group

FOUR

21/05/04

141.50

710

£1,021.67

£37.28

15/04/05

248.00

£1,748.80

£1,786.08

£764.41

74.82%

Value

Fyffes

FFY

30/06/04

117.34

897

£1,075.01

£7.47

15/04/05

153.00

£1,360.41

£1,367.88

£292.87

27.24%

Growth

SportingBet

SBT

21/07/04

99.05

1053

£1,060.21

 

15/04/05

302.00

£3,168.06

£3,168.06

£2,107.85

198.81%

Value

McAlpine (Alfred)

MCA

18/08/04

254.70

402

£1,041.01

£19.90

15/04/05

337.25

£1,343.74

£1,363.64

£322.63

30.99%

Growth

Hyder Consulting

HYC

08/09/04

150.00

730

£1,112.48

£1.46

15/04/05

192.00

£1,389.60

£1,391.06

£278.58

25.04%

Value

Lambert Howarth

LMBT

05/10/04

272.00

398

£1,099.97

£13.93

15/04/05

285.00

£1,122.30

£1,136.23

£36.26

3.30%

Growth

Oystertec

OYS

03/11/04

24.65

4512

£1,129.77

 

15/04/05

24.25

£1,082.16

£1,082.16

-£47.61

-4.21%

Value

Taylor Woodrow

TWOD

03/11/04

242.39

459

£1,130.13

 

15/04/05

291.75

£1,327.13

£1,327.13

£197.00

17.43%

Value

Bellway

BWY

08/12/04

724.40

168

£1,235.07

£26.38

15/04/05

822.00

£1,368.96

£1,395.34

£160.27

12.98%

Growth

Hunting

HTG

07/01/05

184.75

680

£1,274.58

 

15/04/05

240.00

£1,620.00

£1,620.00

£345.42

27.10%

Value

Wagon

WAGN

23/02/05

182.85

783

£1,428.96

 

15/04/05

172.00

£1,334.76

£1,334.76

-£94.20

-6.59%

Growth

Carclo

CAR

24/03/05

67.50

1767

£1,210.69

 

15/04/05

75.00

£1,313.25

£1,313.25

£102.56

8.47%

 

Totals

 

 

 

 

£13,819.55

£106.42

 

 

£18,179.17

£18,285.59

£4,466.04

32.32%

 

Cash

 

 

 

 

 

 

 

 

£24.86

 

 

 

 

Total Portfolio Value

 

 

 

 

 

 

 

 

£18,204.03

 

£6,904.03

61.10%

 

Previous valuation: £18,898.68

 


2.2        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

£905.70

£939.82

£140.62

17.60%

Value

Westbury

WBY

21/02/02

285.60

274

£798.45

£31.10

03/03/03

315.22

£851.70

£882.80

£84.35

10.56%

Value

Crest Nicholson

CRST

25/04/02

237.60

330

£800.00

£31.35

28/04/03

215.50

£711.15

£742.50

-£57.50

-7.19%

Value

Savills

SVS

28/06/02

184.40

425

£799.62

£43.35

23/06/03

161.00

£672.25

£715.60

-£84.02

-10.51%

Value

Woolworths

WLW

29/08/02

30.73

2551

£799.84

£33.80

21/08/03

39.77

£1,002.53

£1,036.33

£236.49

29.57%

Value

Mowlem (John)

MWLM

17/10/02

139.50

580

£825.15

£59.16

22/10/03

185.37

£1,063.15

£1,122.31

£297.16

36.01%

Value

WH Smith

SMWH

18/12/02

335.99

206

£707.60

£39.14

19/12/03

275.00

£554.50

£593.64

-£113.96

-16.11%

Value

British Vita

BVIT

03/03/03

218.00

328

£730.62

£37.72

01/03/04

270.25

£874.42

£912.14

£181.52

24.84%

Value

TDG

TDG

23/06/03

199.00

446

£903.98

£62.45

30/06/04

210.38

£926.27

£988.72

£84.74

9.37%

Value

European Motor Hdgs

EMH