FDM Group - share monitoring

Discussion of the proposed Cashback Investment Club

Moderator: CIC officers

HOLD / BUY / SELL FDM Group

Hold
3
30%
Buy
1
10%
Sell
6
60%
 
Total votes: 10

garindan
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Re: FDM Group - share monitoring

Post by garindan » Fri Dec 13 2019 12:31pm

I have sold this share. Details as follows:

Purchase
FDM Group 123 @811.00 £997.74

Sale
FDM Group 123 @1008.41 £1240.34
Commission -£8.68
Proceeds £1231.66
Dividends received £0.00
+/- = +£233.92 / +23.4%
Thanked by: Beachboy, blythburgh, mike
Chairman: iMutual's Cashback Investment Club (CIC) - contact me about joining!
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BeautifulSunshine
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Re: FDM Group - share monitoring

Post by BeautifulSunshine » Fri Dec 13 2019 2:50pm

Well done everyone +23.4%.
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an6ypan6y
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Re: FDM Group - share monitoring

Post by an6ypan6y » Fri Dec 13 2019 2:56pm

Great result Thanks.

Also a good demonstration of a much more agile way of working.

I would also like to see these added to the watch list as their performance does seem to be a bit up and down.
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garindan
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Re: FDM Group - share monitoring

Post by garindan » Fri Dec 13 2019 3:04pm

an6ypan6y wrote:
Fri Dec 13 2019 2:56pm
Also a good demonstration of a much more agile way of working.
I think you are correct. This system does seem to work better than the previous ways of working. The key is still to keep abreast of happenings and get in the habit of updating your share votes accordingly. Ideally everyone in the Club should have the monitoring threads on their post watch list, getting updates when responses are posted. That way if something happens and an imutual member posts an update there will be a nudge to review.
an6ypan6y wrote:
Fri Dec 13 2019 2:56pm
I would also like to see these added to the watch list as their performance does seem to be a bit up and down.
This is a good idea. Adding all the past investments, rejected choices and so forth since we started the new system would be helpful but I am not sure how much of an overhead it will be for Mr Secretary.
Chairman: iMutual's Cashback Investment Club (CIC) - contact me about joining!
Visit the Cashback Investment Club forum to find out more.

BeautifulSunshine
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Re: FDM Group - share monitoring

Post by BeautifulSunshine » Fri Dec 13 2019 4:28pm

garindan wrote:
Fri Dec 13 2019 3:04pm
an6ypan6y wrote:
Fri Dec 13 2019 2:56pm
Also a good demonstration of a much more agile way of working.
I think you are correct. This system does seem to work better than the previous ways of working. The key is still to keep abreast of happenings and get in the habit of updating your share votes accordingly. Ideally everyone in the Club should have the monitoring threads on their post watch list, getting updates when responses are posted. That way if something happens and an imutual member posts an update there will be a nudge to review.
an6ypan6y wrote:
Fri Dec 13 2019 2:56pm
I would also like to see these added to the watch list as their performance does seem to be a bit up and down.
This is a good idea. Adding all the past investments, rejected choices and so forth since we started the new system would be helpful but I am not sure how much of an overhead it will be for Mr Secretary.
As you wish. Give me a list and forget about it. It is as good as done.
[imutual Cashback Investment Club]

garindan
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Re: FDM Group - share monitoring

Post by garindan » Fri Dec 13 2019 4:46pm

This was our third best sale ever and the best result since we sold HSBC on the 7th September 2016!
Thanked by: Beachboy
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Beachboy
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Re: FDM Group - share monitoring

Post by Beachboy » Sat Dec 14 2019 8:44am

Also we made over 20% profit for a share we held less than a month. That's very pleasing!

blythburgh
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Re: FDM Group - share monitoring

Post by blythburgh » Sat Dec 14 2019 10:28am

Wonderful news. Not in the club but always hope for good news for the members
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