RSIC Mechanical Portfolio Update

February 2006

1         Notes

A strong rise this month, up 6.4% whilst the All Share rose by 1.5%.

 

The main movers & shakers were Hunting (+13%), Charter (+13%), McAlpine (+6%), Dart (-5%) and Wyndeham Press (-6%).

 

Hunting, Wagon, Charter, McAlpine & Metnor Group all set new highs since purchase during the month.

 

Hyder Consulting and Hunting are past their anniversary dates and will be sold when their trailing stop losses are breached. These currently stand at 270.25p and 327.29p.

 

Wagon reaches its anniversary date this month and will be sold. It is currently showing a profit of nearly 17% over the year, including an unpaid dividend. By FTSE has risen by 15%.

 

Wagon’s sale will again leave us with two vacant slots in the Value side of the portfolio. And once again there are no suitable replacement candidates. Using the hybrid set of growth filters with value rankings throws up Interior Services Group which is already a fundamental holding. We need to decide how to handle this (cf Dave’s recent email on the strategy document).

 

 

 


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

Hyder Consulting

HYC

08/09/04

150.00

730

£1,112.48

£8.04

10/02/06

275.00

£1,995.50

£2,003.54

£891.06

80.1%

Growth

Hunting

HTG

07/01/05

184.75

850

£1,580.58

£37.40

10/02/06

345.50

£2,924.75

£2,962.15

£1,381.57

87.4%

Value

Wagon

WAGN

23/02/05

182.85

783

£1,428.96

£39.15

10/02/06

205.50

£1,597.06

£1,636.21

£207.25

14.5%

Growth

Carclo

CAR

24/03/05

67.50

1767

£1,210.69

£14.14

10/02/06

72.00

£1,260.24

£1,274.38

£63.69

5.3%

Growth

Dart Group

DTG

17/05/05

295.70

461

£1,382.00

£32.04

10/02/06

372.00

£1,702.92

£1,734.96

£352.96

25.5%

Value

Alumasc Group

ALU

21/06/05

158.50

1217

£1,950.59

£76.67

10/02/06

158.00

£1,910.86

£1,987.53

£36.94

1.9%

Growth

Charter

CHTR

11/08/05

326.26

625

£2,061.34

 

10/02/06

642.50

£4,003.62

£4,003.62

£1,942.28

94.2%

Value

Wyndeham Press

WDSW

20/10/05

114.43

1756

£2,031.35

 

10/02/06

120.00

£2,095.20

£2,095.20

£63.85

3.1%

Value

McAlpine (Alfred)

MCA

20/10/05

347.97

578

£2,026.33

 

10/02/06

419.75

£2,414.15

£2,414.15

£387.82

19.1%

Growth

Metnor Group

MTG

29/11/05

219.83

994

£2,208.04

 

10/02/06

222.00

£2,194.68

£2,194.68

-£13.36

-0.6%

Value

First Choice Holidays

FCD

18/01/06

233.99

999

£2,356.75

 

10/02/06

238.25

£2,368.11

£2,368.11

£11.36

0.5%

 

Totals

 

 

 

 

£19,349.11

£207.44

 

 

£24,467.09

£24,674.53

£5,325.42

27.5%

 

Cash

 

 

 

 

 

 

 

 

£4,554.01

 

 

 

 

Total Portfolio Value

 

 

 

 

 

 

 

 

£29,021.10

 

£11,721.10

67.8%

 

Previous valuation: £28,194.90


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

10.4%

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

17.6%

Value

Westbury

WBY

21/02/02

285.60

274

£798.45

£31.10

03/03/03

315.22

£851.70

£882.80

£84.35

10.6%

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

-7.2%

Value

Savills

SVS

28/06/02

184.40

425

£799.62

£43.35

23/06/03

161.00

£672.25

£715.60

-£84.02

-10.5%

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

29.6%

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

36.0%

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

-16.1%

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

24.8%

Value

TDG

TDG

23/06/03

199.00

446

£903.98

£62.45

30/06/04

210.38

£926.27

£988.72

£84.74

9.4%

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

18.0%

Value

Severfield-Rowen

SFR

23/10/03

323.88

306

£1,008.03

£32.90

05/10/04

477.50

£1,449.15

£1,482.05

£474.02

47.0%

Value

Crest Nicholson