Going hi-tech reaps reward for club
This month's winner of our Bulls and Bears competition runs accounts in euros and holds club meetings on the internet.
Saturday 09 September 2000
The prosaic name of this month's £1,000 winners of
The Independent's Bulls & Bears Investment Club Competition, the Be-Ready Investment Club, belies a thoroughly innovative and cosmopolitan enterprise.
The prosaic name of this month's £1,000 winners of The Independent's Bulls & Bears Investment Club Competition, the Be-Ready Investment Club, belies a thoroughly innovative and cosmopolitan enterprise.
The 19-strong club consists of four people in Edinburgh University and the rest in Slovakia. It operates through one broker in Brussels and a second in the UK, it runs all its accounts in euros, and club meetings, far from being held in the traditional pub, are conducted via the internet.
The club's chairwoman, Dr Stanislava Uhrinova, works in the department of chemistry in the University of Edinburgh. She says: "We started the club in February, when we all got very excited by technology stocks." Despite the subsequent shake-out, the club is sticking with its hi-tech philosophy, she says.
This may have helped club members choose this month's Bull and Bear shares, which had to be chosen from the telecommunications sector. The Bull share, Dataflex, rose 2.16 per cent during the selected period, while the Bear share, Atlantic Telecom, fell 11.11 per cent.
Dr Uhrinova says the club chose Dataflex because it had good results at the end of July and strong development potential in telecoms and the internet. They chose Atlantic Telecom because they think it lacks critical mass and has been in loss for a number of years.
Dr Uhrinova adds: "Choosing the shares was quite a procedure. We looked at the 20 telecoms companies on the shares page, and found out which ones were in profit and whether directors had been buying or selling shares in their own companies."
* Here's your chance to emulate the success of Be-Ready Investment Club and win £1,000 in our Bulls and Bears competition, run in association with ProShare, the investors organisation, and Charles Schwab, the stockbroker.
Each month we award £1,000 to the investment club that nominates the best performing share in percentage terms (the Bull) and the worst (the Bear) in a particular stock market sector. The stocks will be drawn from the FTSE All Share Index. Entry is free for all those clubs which have been members of ProShare Investment Clubs for at least two months.
This month we have chosen the real estate sector, which you will find listed on the page headed SHARES in the main section of today's Independent.
Choose the share whose price you think will go up by the greatest percentage and the share you consider will fall by the greatest percentage, between close of business on Friday 15 September and close of business on Friday 29 September. Shares can be chosen only from those listed in the real estate sector and published in today's Independent.
The club with the highest combined figure when their winner and loser percentages are added together will receive a cheque for £1,000. In the event of a tie, the club judged to have offered the best reason for its riser choice will win.
Judging will be by John Willcock, Personal Finance Editor, and his decision will be final. Closing date for entries into this month's competition is Friday 15 September.
Your entry should include:
* The name of your club;
* The name of the Bull (biggest percentage riser) and the Bear (biggest faller);
* The reason for choosing the biggest riser (in no more than 25 words).
Don't forget your name, address and daytime and evening phone numbers.
Entries must be received by e-mail, post or fax at ProShare's offices before 5pm on the closing date. Entries received after that time will be invalid.
You can send your entries by e-mail to email@example.com, by fax to 020-7220 1731, or on a postcard to ProShare, Centurion House, 24 Monument Street, London EC3R 8AQ.
ProShare, 0870 2645484 or www.proshare.org; Charles Schwab, 0870 601888
Debt in Britain: Numbers seeking help on how to cope with mounting bills goes up by more than half in three years
Bargain Hunter: BT improves its mobile reception with 'incredibly competitive' deals
Offset your mortgage and save thousands
Simon Read: 'It went below the radar but you could be eligible for a tax break on your savings'
Women to lose benefits from contracted-out pension scheme
- 1 East 17 bandmember Brian Harvey in 'very desperate situation’
- 2 Is this bridge haunted by the ghost of nu rave?
- 3 Woman filmed launching racist tirade against men on the Tube for speaking in 'own lingo'
- 4 The West has it totally wrong on Lee Kuan Yew
- 5 Scientists have discovered a simple way to cook rice that dramatically cuts the calories
Ukip supporters are 55 or older, white and socially conservative, finds British Social Attitudes Report
JK Rowling responds to fan tweeting she 'can't see' Dumbledore being gay
Jeremy Clarkson sacked live: Alan Yentob 'wouldn't rule out' ex Top Gear host's BBC return
David Cameron calls Labour 'hopeless, sneering socialists' while announcing 7-day NHS plans
Revealed: Putin's army of pro-Kremlin bloggers
The West has it totally wrong on Lee Kuan Yew
iJobs Money & Business
Negotiable: Recruitment Genius: To provide a prompt, friendly and efficient se...
Negotiable: Recruitment Genius: You will be the first point of contact for all...
£18000 - £24000 per annum + benefits: Ashdown Group: HR, Payroll & Benefits Of...
£35000 - £38000 per annum + benefits : Ashdown Group: A highly successful, int...
Day In a Page
A four-bedroom apartment on the ground floor of a stunning period property in North Yorkshire, with two kitchens and a large south-west facing garden.
This high-spec two-bedroom home is part of a smart collection of new flats at Beaufort Park and has a large decked balcony that's perfect for summer drinks.
Capitalise on the fabulous views of Trevone Bay by taking two homes and creating one spacious boutique B&B. Just a cliff-top walk from Padstow.
Overlooking a golf course, this six-bedroom Edwardian detached home spans four storeys and retains many period features including the original, operational servants' bells...
On the edge of the city, this six-bedroom home comes with an outdoor swimming pool and a large garage block that has annexe potential.
In a Grade II-listed manor just outside of Bath, this three-bedroom home is arranged on two floors with a skylight in a vaulted roof line.
Open the living room's bi-fold wooden doors to reveal a retro-style kitchen, and a conservatory leading to a paved garden at this three-bedroom home.
A Grade II-listed, four-bedroom home, in a charming Somerset village, with a two-storey studio that could be converted into a holiday cottage
A modern four-bedroom Victorian home, within walking distance to the high street
A luxury apartment in the Gothic mansion of Wyfold Court in Kingwood, offers six bedrooms spread over three floors and a turret
This school conversion, near Stockwell Tube, oozes New York loft style. The one-bedroom flat features double height ceilings and exposed brick work
This six-bedroom Georgian home is on three floors with open fireplaces, a two-oven Aga, an annexe, and cottage gardens with outbuildings and a car barn
High Crest House covers an impressive 9384sq ft, with almost three acres of grounds including a tennis court and summer house enclosed by electric gates
A six-bedroom farmhouse with separate accommodation in converted stables. Situated in the village of Church Aston, within walking distance to the market town
A two-bedroom flat with under-heated walnut floors and bespoke built-in storage. The Tube and Clapham Common are a short stroll away
A refurbished seven-bedroom townhouse with staff quarters, cinema room, superb gym, steam room and plunge pool
A minimnalist four-bedroom home designed to the highest spec, featuring glass walls and a kitchen space lit by a glass roof
Hibernate during winter and make your living during the summer at this busy guesthouse with panoramic sea views, in the village of Lynton
A four-bedroom penthouse next to the Tate with direct views of St Paul's from two floors of luxurious living space
A four-bedroom detached home surrounded by spacious gardens and woodland, close to New Pudsey
An 18th-century, three-bedroom home near Langstone Harbour built from ships beams with vaulted ceilings and wood burning stoves
A five-bedroom semi-detached home with a mix of period and modern features in a popular and convenient location
This five-bedroom red-brick beauty overlooks the village green and sits in just under two acres of land
A three-bedroom villa with self-contained flat, minutes from Lake Windermere
A five-bedroom Victorian home with four receptions, superb gardens and paddock in Pembury
An eight-bedroom house on the south side of the The Green with cinema, wine cellars and summer house
This 17th century beauty is full of rustic cosiness, while the detached home office means you can also run a business
Four exclusive apartments in a Grade II-listed former medical school with 2,275 sq ft of living space and 18ft ceilings
A five-bedroom terraced house on the popular Peterborough Estate, ideally located for both Eel Brook Common and South Park
A state-of-the-art farm-building conversion on the former Cliveden Estate, with 11,420sq ft of internal space, cinema and wine cellar
Windsor Castle overlooks this three-bedroom Victorian cottage located on one of Windsor's smartest roads
A boutique mews house, set around a central courtyard, with three bedrooms and a private roof terrace
A four-bedroom farm-conversion with three bathrooms and two reception rooms
A two-bedroom detached house with ensuite bathrooms and a sun-drenched decked terrace, £750,000
A modern and spacious two-bedroom, penthouse flat with two bathrooms in a prestigious development
A beautifully renovated five-bedroom terrace with three reception rooms and a courtyard garden, £700,000
A four-bedroom period house which has been extended to provide almost 2,500sq ft of living space, £675,000
A pretty three-bedroom Georgian home with a 22ft drawing room and a master suite with a balcony, £525,000
A substanstial family home with five bedrooms and landscaped gardens in the much sought-after Branksome Park area
A well-presented three-bedroom house with front and rear gardens, close to White City station, £475,000
A handsome five-bedroom house in a sought-after location close to the city centre
A five-bedroom country home with valley views, equestrian stables and 27 acres of land, £725,000
A six-bedroom farm house with separate, detached cottages and 371 acres of land
A two-bedroom cottage with parquet floors, chunky beams and an open fireplace
A three-bedrrom flat with 2,733sq feet of living space, a beautiful private garden and 15 acres of communal grounds
A four-bedroom chalet bungalow with three bathrooms and a spacious garden, £525,000
A two-bedroom flat with an open plan kitchen and two balconies, close to Arsenal station