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  • Writer's picturechristine

WATCH THE EGGS IN YOUR BASKET


A famous investor, Gerald Loeb, once said "put all your eggs in one basket and watch the basket" China Dolls does not advocate this policy as we invest in many different shares. However, we still watch our basket diligently.


Last month we decided to look into AI. We didn't need to look far! So many articles on this subject, both good and bad. Here is one:

What will AI mean for the future of work? As computers and technology have evolved, this has been one of the most pressing questions. As with many technological developments throughout history, the advancement of artificial intelligence has created fears that human workers will become obsolete.

The reality is probably a lot less dire, but maybe even more complicated.

So to be truthful, we don't feel we have enough knowledge on this subject to make an informed purchase. On hold for now!


Our shares:


HALMA: Is a global group of life-saving technology companies. Named as one of Britain's Most Admired Companies. We have held shares in this company for a few years. It has recently confirmed the acquisition of Sewertronics (from Poland), a designer and manufacturer of equipment and associated consumables for wastewater pipeline rehabilitation. Watching the news about our river pollution, this can only be a good thing. We are showing a good profit from our investment thus far. A definite hold.


J D SPORTS: JD has set out plans for another 500-600 stores in the US as its sales raced past £10 billion for the first time.

That ambitious expansion would make it one of the most successful UK businesses in America ever after decades of our top retailers seeing their hopes across the Atlantic crushed.

For the year to January sales jumped from £8.5 billion to £10.1 billion. Profits are nearing the £1 billion mark at £991 million, up from £947 million. It is one of the biggest global sellers of Adidas, Puma and New Balance goods in the world.

It could end up with 1800 stores in the US by 2028.

JD shares are up almost 2000% in the last ten years, could keep rising say analysts.

The business is now valued at £8.8 billion, more than Next, generally regarded as the best run retailer in Britain. A definite hold.


SEGRO: is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing and industrial property. It had some bad press a few months ago, many articles suggested selling this share. But we held on.

The share price rose last month and was recently recommended a buy in the Telegraph.

We are showing a small loss at the moment, but will hold on for the future.


TRAINLINE: A very good rise in their share price this month. A recent report seen at the end of April “Trainline is just the ticket as would-be rivals delayed”.

Brokers say Trainline on a fast-track recovery.

Having toyed with selling this share over the years, we've held on and will continue to hold.


DECISIONS:


We discussed a couple of shares. Bunzl and London & Manchester - so will report on these shares next month. However, we are well aware that we are a small investment club with a large portfolio, so we may need to "tidy" up our portfolio before investing in any new companies.


A decision was made to purchase some additional shares in JD Sports.


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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