RSIC Mechanical Portfolio Update

July 2005

1         Notes

As agreed at the last meeting, the portfolio has been increased by the addition of a further £6,000 in cash. This will be gradually used up via increasing the subsequent purchase amounts by the standard formula.

 

A healthy rise of 4.6% this month compared to the All Share’s 2.8% so hopefully we’re back to the days of good out performance!

 

Best performances were from Carclo (+24%) and SportingBet (+22%). There were no major falls.

 

Carclo, Hunting and Taylor Woodrow all set new highs during the month but have not reached their respective target prices.

 

SportingBet has reached it’s anniversary date but having previously reached its target price and fallen below the trailing stop loss it has now (just) set a new high and is above the trailing stop loss level which is currently at 336.6p. Therefore barring a fall on Monday we will not be selling it this month and there will be no transactions. NB: because SportingBet has performed so well the trailing stop loss amount now represents just 4.2% of the share price. It is therefore highly likely that even a small correction will lead to its sale during the coming month.

 

 

 

 

 

 

 


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

SportingBet

SBT

21/07/04

99.05

1053

£1,060.21

 

15/07/05

348.00

£3,652.44

£3,652.44

£2,592.23

244.50%

Value

McAlpine (Alfred)

MCA

18/08/04

254.70

402

£1,041.01

£48.64

15/07/05

360.00

£1,435.20

£1,483.84

£442.83

42.54%

Growth

Hyder Consulting

HYC

08/09/04

150.00

730

£1,112.48

£1.46

15/07/05

207.00

£1,499.10

£1,500.56

£388.08

34.88%

Value

Lambert Howarth

LMBT

05/10/04

272.00

398

£1,099.97

£43.78

15/07/05

237.00

£931.26

£975.04

-£124.93

-11.36%

Growth

Advanced Fluid Conn

AFC

03/11/04

24.65

4512

£1,129.77

 

15/07/05

11.00

£484.32

£484.32

-£645.45

-57.13%

Value

Taylor Woodrow

TWOD

03/11/04

242.39

459

£1,130.13

£37.18

15/07/05

336.00

£1,530.24

£1,567.42

£437.29

38.69%

Value

Bellway

BWY

08/12/04

724.40

168

£1,235.07

£48.22

15/07/05

857.00

£1,427.76

£1,475.98

£240.91

19.51%

Growth

Hunting

HTG

07/01/05

184.75

680

£1,274.58

£20.40

15/07/05

262.00

£1,769.60

£1,790.00

£515.42

40.44%

Value

Wagon

WAGN

23/02/05

182.85

783

£1,428.96

 

15/07/05

160.00

£1,240.80

£1,240.80

-£188.16

-13.17%

Growth

Carclo

CAR

24/03/05

67.50

1767

£1,210.69

 

15/07/05

84.00

£1,472.28

£1,472.28

£261.59

21.61%

Growth

Dart Group

DTG

17/05/05

295.70

461

£1,382.00

 

15/07/05

282.00

£1,288.02

£1,288.02

-£93.98

-6.80%

Value

Alumasc Group

ALU

21/06/05

158.50

1217

£1,950.59

 

15/07/05

168.00

£2,032.56

£2,032.56

£81.97

4.20%

 

Totals

 

 

 

 

£15,055.46

£199.68

 

 

£18,763.58

£18,963.26

£3,907.80

25.96%

 

Cash

 

 

 

 

 

 

 

 

£5,721.89

 

 

 

 

Total Portfolio Value

 

 

 

 

 

 

 

 

£24,485.47

 

£7,185.47

41.53%

 

Previous valuation: £23,418.06 (adjusted for subsequent addition of £6,000 in cash)


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