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Valuations

Posted: Mon Oct 12 2020 9:06pm
by parchedpeas
What is the current schedule for valuations and applications of funds added by members? It seems erratic at best - it used to be monthly and then slipped to something like every six weeks without any real explanation and is now two months since the last valuation.

Re: Valuations

Posted: Mon Oct 12 2020 10:35pm
by expressman33

Re: Valuations

Posted: Mon Oct 12 2020 10:50pm
by garindan
parchedpeas wrote:
Mon Oct 12 2020 9:06pm
What is the current schedule for valuations and applications of funds added by members? It seems erratic at best - it used to be monthly and then slipped to something like every six weeks without any real explanation and is now two months since the last valuation.
It is meant to be every month to be honest. I'll let Rich respond but generally you are right with your observations.

Re: Valuations

Posted: Tue Oct 13 2020 10:31am
by Beachboy
That is just a summary of our current investments. The valuation referred to is a a process (supposed to be monthly) of turning the funds transferred into the CIC by individual members into units based on the current value of the clubs investments at that point in time. 👍

Re: Valuations

Posted: Tue Oct 13 2020 11:13am
by kevinchess1

Re: Valuations

Posted: Tue Oct 13 2020 11:46pm
by BeautifulSunshine
Richard is responsible for this task.

Re: Valuations

Posted: Sat Oct 17 2020 1:42am
by parchedpeas
AAAlphaThunder wrote:
Tue Oct 13 2020 11:46pm
Richard is responsible for this task.
Well that reassures me that things will be dealt with in a timely manner.

#unlovedchild

Re: Valuations

Posted: Sat Oct 17 2020 9:44am
by garindan
parchedpeas wrote:
Sat Oct 17 2020 1:42am
AAAlphaThunder wrote:
Tue Oct 13 2020 11:46pm
Richard is responsible for this task.
Well that reassures me that things will be dealt with in a timely manner.

#unlovedchild
I'll send Rich a pm.

Re: Valuations

Posted: Sat Oct 17 2020 11:19am
by richard@imutual
Done now, sorry for the delay. Started doing it last weekend but the Share Centre site was unavailable at the time