Forum Archive Index - May 2000
Please note usage of the Forum is subject to the Terms & Conditions.
[sharechat] Unlucky "Blue Horseshoe"
It's good that "Blue Horseshoe" from the DFM website is able to live in the
past and be able to claim an 84% return from his hypothetical investments
made from July 1999. However, the bulk of that gain came (from memory) from
investing in ADV. His investments since December 1999 is a different story
though as the table below indicates.
COMPANY BUY DATE QUANTITY BUY COST MARKET CURRENT VALUE
Advantage 1/5/00 3000 3.63 10940 3.20 9600 (-1340)
Beauty D 15/3/00 100000 0.25 25050 0.135 13500(-11550)
Ceramco 1/12/99 10000 1.68 16850 1.60 16000(-850)
Force 1/3/00 22800 0.7 16010 0.47 10716(-5294)
ITC 1/5/00 40000 0.29 11650 0.27 10800(-850)
Spectrum 28/1/00 136500 0.33 45095 0.109 14878(-30217)
Rennaisance 1/5/00 20000 0.59 11850 0.63 12600(+750)
Value of portfolio from 1 Dec 1999 =$137,445
Value of portfolio at 9 May 2000 = $88,094
Loss = $49,351
Percentage= -56%
________________________________________________________________________
Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com
----------------------------------------------------------------------------
http://www.sharechat.co.nz/ New Zealand's home for market investors
To remove yourself from this list, please us the form at
http://www.sharechat.co.nz/forum.html.