It's very interesting to look back on shares we've sold in the past to see where they stand now.
In 2010 we purchased Greggs, the "food on the go" company for 430 and sold in 2012 at a price of 519.
We were toying with the idea of reinvesting in this company, so looked up their share listing
Greggs share price is now sitting at 2684.
Sometimes you just get things wrong!
Back to reality and our present stocks.
BELVOIR: This company is one of the U.K.'s largest property franchise on the high street.
Each of their 170+ offices are owned and run by local property experts.
In 2012, Belvoir became the first residential lettings agency to launch on the AIM and it continues to grow.
The China Dolls invested in this company in April 2022 at an average price of 268. We did not do well, with the price dropping to a low of 166 by March 2023. But we held on. Over the past six months the share price has risen 33% and is currently sitting at 258 - hopefully we will soon be showing a profit.
BHP Billiton Group Limited: BHP is a global leader in metals and mining. It is a major producer of aluminium, chrome as well as other minerals and has developed a substantial copper portfolio. Our average share purchase price is 1745 - it is currently sitting at 2360 giving us a paper profit of over 35%. It is strengthening its partnership with China’s HBIS over decarbonisation trials in steel making and was the biggest tax payer in Australia last year.
Diageo: Diageo is a British multinational alcoholic beverage company. It operates from 132 sites around the world. It is a major distributor of Scotch whisky and other spirits. Our average share purchase price is 2741 - the share rose to 3897 by December 2021 (pandemic period) however are now sitting at 2719, so we are showing a small loss.
However the shares are now at their cheapest valuation in almost a decade, trading at just 18 times forward earnings and The Times newspaper wrote a very upbeat report on the company recommending the share as a Buy: We will continue to hold our shares.
DECISIONS:
Simec Atlantis Engineering: is a diversified energy Company focusing on marine energy, waste-to-energy and hydro power.
At our November, 2023, meeting, the Simec share price was sitting .85p - However by our January meeting it had risen to 1.20p, so we decided to be rash and buy another £500 giving us an additional 41,752 shares. Today the share price is 1.30p. There is an overall consensus in the news that it is a strong buying opportunity. The China Dolls are showing a large loss on this share - so we are seriously hoping it's on the rise!
JD SPORTS: Purchased in May 2023 for 160, JD initially showed great promise, rising to 173 by December 2023. However, both Nike and JD suffered over the Christmas period with a big downturn in sales resulting in the JD share price dramatically falling to 107 by mid January 2024. The China Dolls feel that there is just too much competition out there for sports gear and made the decision to sell our stock.
WARPAINT: We purchased this share in September 2023 at a price of 277. It is now sitting at 390.
The company has upgraded its revenue and profit guidance after strong sales online and in retail outlets.
It has reported pretax profits of 89.5 million up from 64.1 last year.
We are delighted with the perfomance of this company and, as suggested in our last blog, we have increased our holding by £2000.
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.