RSIC Mechanical Portfolio Update

August 2005

1         Notes

A small rise of 1.3% this month compared to the All Share’s 1.8% so we slightly underperformed the market.

 

No major rises or falls this month. McAlpine, Lambert Howarth and Wagon were all up about 6% though.

 

SportingBet, McAlpine, Hunting, Carclo & Alumasc all set new highs.

 

SportingBet flirted with its stop loss level during the month and indeed closed just below it one night but had risen back above the stop loss early the next morning and so wasn’t sold. Given that it then set a new high this was a good piece of fortune! It is now back to only just above the (now slightly higher) stop loss of 363.14p – current price is 366p.

 

McAlpine reaches its anniversary this month and, like SportingBet, it has achieved its 50% profit target and is above its stop loss level. It will therefore only be sold if it subsequently falls below 349.55p (current price is 387.75p, its high to date).

 

As a result of the above there are no scheduled transactions this month. However if SportingBet should close below its stop loss level on or before Wednesday then it should be immediately sold and replaced with Charter on Thursday. If it closes below the stop loss after that then it should be sold but will not be replaced until next month. Far less likely, McAlpine might fall below its stop loss by Wednesday in which case it should be sold and replaced with Wyndeham Press Group.

 

 

 

 


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

 

05/08/05

365.00

£3,831.45

£3,831.45

£2,771.24

261.39%

Value

McAlpine (Alfred)

MCA

18/08/04

254.70

402

£1,041.01

£48.64

05/08/05

384.25

£1,532.68

£1,581.32

£540.31

51.90%

Growth

Hyder Consulting

HYC

08/09/04

150.00

730

£1,112.48

£1.46

05/08/05

202.00

£1,462.60

£1,464.06

£351.58

31.60%

Value

Lambert Howarth

LMBT

05/10/04

272.00

398

£1,099.97

£43.78

05/08/05

253.00

£994.94

£1,038.72

-£61.25

-5.57%

Growth

Advanced Fluid Conn

AFC

03/11/04

24.65

4512

£1,129.77

 

05/08/05

9.75

£427.92

£427.92

-£701.85

-62.12%

Value

Taylor Woodrow

TWOD

03/11/04

242.39

459

£1,130.13

£37.18

05/08/05

331.25

£1,508.43

£1,545.61

£415.48

36.76%

Value

Bellway

BWY

08/12/04

724.40

168

£1,235.07

£48.22

05/08/05

852.00

£1,419.36

£1,467.58

£232.51

18.83%

Growth

Hunting

HTG

07/01/05

184.75

680

£1,274.58

£20.40

05/08/05

271.00

£1,830.80

£1,851.20

£576.62

45.24%

Value

Wagon

WAGN

23/02/05

182.85

783

£1,428.96

 

05/08/05

168.00

£1,303.44

£1,303.44

-£125.52

-8.78%

Growth

Carclo

CAR

24/03/05

67.50

1767

£1,210.69

 

05/08/05

83.00

£1,454.61

£1,454.61

£243.92

20.15%

Growth

Dart Group

DTG

17/05/05

295.70

461

£1,382.00

 

05/08/05

277.00

£1,264.97

£1,264.97

-£117.03

-8.47%

Value

Alumasc Group

ALU

21/06/05

158.50

1217

£1,950.59

 

05/08/05

170.00

£2,056.90

£2,056.90

£106.31

5.45%

 

Totals

 

 

 

 

£15,055.46

£199.68

 

 

£19,088.10

£19,287.78

£4,232.32

28.11%

 

Cash

 

 

 

 

 

 

 

 

£5,721.90

 

 

 

 

Total Portfolio Value

 

 

 

 

 

 

 

 

£24,810.00

 

£7,510.00

43.41%

 

Previous valuation: £24,485.47


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

21/08/03

172.78

581

£1,020.87

£49.38

18/08/04

200.87

£1,155.05

£1,204.43

£183.56

17.98%

Value