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  • Writer's picturechristine

MY MONEY'S ON ???



WE'LL ALL HAVE A SAY ON JULY 4TH


MAY 2024 - our 23rd AGM - giving us the oppotunity to reflect on our portfolio.

Recently we've managed to reduce our share portfolio from 26 companies to just 20.


Thirteen of these shares are in profit, which is a good average.

Of the seven shares which are showing a loss, five of these are the small AIM companies, Sylvanium Platinum, Surface Transforms, Simec Atlantis Energy, ITM Power and Ceres Power. The other two are Trainline where we are showing a loss of 35% and Diageo which is only down 2%.


Our most recent purchases are proving very positive.

Warpaint: - up 35%

Shell: up 1.5%

Legal and General: up 10%

Relx: up 2%

Costain: up 5%


Our Treasurer, Pam, reported that our dividends for this year produced £2,088 - something we always tend to overlook, but are pleasantly surprised at.


All in all we are very happy with our performance.


DISCUSSION:


We are looking to invest in either Eli Lilly or NOVA . Both companies involved in the weight loss drug industry.

Eli Lilly is an American pharmaceutical company which is investing a further $5.3bn in a new Indiana manufacturing site, one of the biggest investments of its kind, to boost production of its hugely popular diabetes and weight loss drugs.

Nova Laboratories is one of the UK's leading independent suppliers of both Specials and Clinical Trial medicines to healthcare professionals. Nova is also involved in the weight loss drug production.

Perhaps some of members would be willing to trial it!


We will continue with our investigations.


The Property Franchise Group


Since The Property franchise Group took over Belvoir the share has performed well and we are now showing over 13% profit - a very positive move.


Costain: A share we purchased during our April meeting is already showing a 5% increase.


The decision was made to invest a further £1000 into each of these companies.


That's all for now. See you in June.


DISCLAIMER

The China Dolls is a group of private individuals who meet regularly to discuss investment strategy and make investments based on the collective opinion of the the group.

The China Dolls is not in the business of offering any form of advice on investing or other financial matters.

The content of this blog is not to be considered an inducement to trade as we trade and is offered for illustrative purposes only.

Any use you may make said content is entirely your responsibility and The China Dolls will not be held liable for any losses you may incur as a result of using this blog to help you trade.

















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