Taking profits !
Portfolio / Investing Apr 30, 2006 - 10:00 PMBy: Nadeem_Walayat
The portfolio has continued to perform well beyond expectations, with the stocks running well ahead during the most favorable seasonal period of the 12 month stock market cycle, resulting in a 15% gain to date ! Dividend income is also coming on stream with the portfolio receiving some £200 in income, with further large dividends expected in the coming months from the likes of Lloyds TSB and United Utilities.
Time to Take Some ProfitsIn advance of the expected downturn some of the stronger performing stocks are being liquidated so as to lock in some profits, as of last Fridays closing prices as below. The remaining positions will be held throughout the market downturn for the long-term.
| 30-Apr | Market Oracles Stock Portfolio | |||||||||||
| Stock | Ticker | Date buy | Price paid | Quantity | Total Book Cost | Cur Price | Dividends | Cur Value | Val+Divs | Gain/Loss | % Gain/Loss | |
| United Utilities | UU | 28/10/2005 | £6.12 | 500 | £3,087 | £6.71 | £71 | £3,355 | £3,426 | £339 | 11.0% | |
| British Telecom | BT.A | 28/10/2005 | £2.07 | 1000 | £2,092 | £2.19 | £43 | £2,190 | £2,233 | £141 | 6.7% | |
| Lloyds TSB | LLOY | 28/10/2005 | £4.49 | 500 | £2,268 | £5.33 | £0 | £2,665 | £2,665 | £397 | 17.5% | |
| Tate & Lyle | TATE | 28/10/2005 | £4.53 | 500 | £2,288 | £5.55 | £30 | £2,775 | £2,805 | £517 | 22.6% | |
| Enodis | ENO | 28/10/2005 | £1.27 | 800 | £1,033 | £1.50 | £10 | £1,200 | £1,210 | £177 | 17.2% | |
| Cash | £10,670 | |||||||||||
| Totals | Original capital (28/10/05) | £20,000 | £23,009 | £3,009 | 15.0% | |||||||
| Charges deducted to date (£12 to buy / sell & 0.5% stamp duty on purchases) | -£219 | ||||||||
| Dividend income received to date | £200 | ||||||||
| Portfolio Transactions this period (since last update) | ||||||||
| Date | Type | Stock | Qty | Price | Charges | Amnt £ | ||
| 10/01/2006 | Dividends | Tate & Lyle | 500 | £0.059 | £0.00 | £29.50 | ||
| 09/02/2006 | Dividends | UU | 500 | £0.143 | £0.00 | £71.45 | ||
| 13/02/2006 | Dividends | BT | 1000 | £0.043 | £0.00 | £43.00 | ||
| 20/02/2006 | Dividends | Enodis | 800 | £0.013 | £0.00 | £10.40 | ||
| 13/03/2006 | Dividends | BP | 300 | £0.053 | £0.00 | £15.86 | ||
| 22/03/2006 | Dividends | BHP Billinton | 300 | £0.100 | £0.00 | £30.00 | ||
| 28/04/2006 | SELL | British American Tobacco | 200 | £14.02 | £12.00 | £2,792 | ||
| 28/04/2006 | SELL | BP | 300 | £6.77 | £12.00 | £2,019 | ||
| 28/04/2006 | SELL | BHP Billington | 300 | £11.29 | £12.00 | £3,375 | ||
(c) MarketOracle.co.uk 2005-2006
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