Minutes 13 July 2001 Present: Bonnie Blackwell, Dacre Holloway, John Winson, Brenda Noble, Gwilys Price, David Pankhurst, David Redfern, Marian Thornton Apologies: Bruce Beacham, Martin Smith, Mike West Minutes of Previous Meeting These were approved and signed. Matters Arising None Treasurers Report There was a balance of £593. Share Monitors Reports Members were shown a copy of our portfolio as at the date of the meeting. Individual copies will be sent out with the minutes. They were also brought up to date on recent news for our current holdings. It was agreed to continue all our holdings for another month. Dealers Report Nothing to report. Future Investments The suggestions which were put forward at the last meeting were discussed. It was agreed that we would wait until the next meeting, when we should have approx. £800 available, before deciding on an investment. The following additional companies were put forward for consideration: Jarvis/PersimmonGwilys WigginsMarian & Dacre Tesco/Safeway/JJB SportsBonnie David suggested that we should be more focussed on a particular sector when considering an investment. It was also suggested that in the light of our Marconi experience we should consider instigating a stop loss policy for our shares. After a discussion on both topics it was agreed that we would concentrate on the construction sector for our next investment. With regards the stop loss policy it was agreed that we would consider introducing this for our next investment. Any Other Business It was suggested that we introduce a monthly competition to add more interest to meetings when we do not have sufficient funds available to make an investment. This would be put on the agenda for the next meeting. Details of an investment seminar in London were shown to the meeting by Marian. Copies will be sent out with the minutes. Next Meeting This will be on Friday 24 August at 1930, at John’s. Signed:Date: 24 August 2001 Top of page