Pints and portfolios in village pub
The Independent Bulls and Bears Competition: This month's winner in our investment club competition picked shares down the local
Saturday 07 October 2000
This month's £1,000 winners of
The Independent's Bulls & Bears Investment Club Competition is the Ranskill Investment Club from Nottingham - all friends and neighbours.
This month's £1,000 winners of The Independent's Bulls & Bears Investment Club Competition is the Ranskill Investment Club from Nottingham - all friends and neighbours.
The club successfully beat other entrants by picking two shares in the real-estate sector: the bull share that rose the furthest and the bear that fell the most, between 15 and 29 September. The club's choices, worked out over a few pints at the local village pub, were Chelsfield, which rose by 6.94 per cent, and Freeport Leisure, which fell by 6.55 per cent.
Jane Mchale, a member, explained that the strategy was to look at price-to-earnings ratios and company reports, as well as reading newspapers and financial magazines. "We saw that Chelsfield had a sizeable investment from fund managers, which made it a good candidate for potential growth. Freeport also had a good track record but we saw that its price has fluctuated from people taking profit. We thought that would happen again," Ms Mchale said.
The strategy is similar to what the club's 20 members follow for their own portfolio, now worth £6,224, on an investment of £5,000. Launched 18 months ago, some of its members work in banking, while others work in areas unrelated to finance. Ms Mchale is a retired nursing sister, for instance. She admitted finance is not the only item on the agenda: "It is a nice way to meet people. For about half of the time, we talk about shares and for the rest we just chat."
* Enter our October Bulls and Bears competition - and win £1,000. The competition is run in association with ProShare, the investors organisation, and Charles Schwab, the stockbroker.
Each month we give away a £1,000 cash prize to the investment club that nominates the best-performing share in percentage terms ("the Bull") and the worst performer ("the Bear") in a particular stock market sector. The stocks will be drawn from the FTSE All Share Index. Entry is free to all clubs which are members of ProShare Investment Clubs for at least two months.
This month we have chosen the food retail sector, which you will find listed on the page headed "Shares" in the main section of today's Independent.
From Food Retail, choose the share whose price you think will go up by the greatest percentage between close of business on Friday, 13 October and the close of business on Friday, 31 October. You must also pick the share you consider will fall by the greatest percentage in the same period. Shares can be chosen only from those listed in this sector and published in today's Independent.
The club with the highest combined figure when their winner and loser percentages are added 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 be given the prize. 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, 13 October. Your entry should include: the name of your club; the name of both the "Bull" and the "Bear"; the reason for choosing the biggest riser (in no more than 25 words).
Don't forget your name and address, daytime and evening phone numbers. All entries must be received by e-mail, post or fax at ProShare's offices before 5pm on that day. Entries received after that time will be invalid. Send your entries by e-mail to email@example.com; by fax to 020 72201731; or on a postcard to ProShare, Centurion House, 24 Monument Street, London EC3R 8AQ.
For more information, phone ProShare on 0870 2645484 or www.proshare.org. or Charles Schwab on 0870 601888
Independent Partners: See how much you could save by switching credit cards. Compare now
Simon Calder looks at communities fighting back against the poachers
- 1 Gurdwaras-turned-food banks: Sikh temples are catering for rise in Britain’s hungry
- 2 Council bans use of word ‘Commie’ – but ‘fascist’ and ‘Nazi’ are fine
- 3 The man who made Femen: New film outs Victor Svyatski as the mastermind behind the protest group and its breast-baring stunts
- 4 The poorest pay the price for austerity: Workers face biggest fall in living standards since Victorian era
- 5 Mass murder in the Middle East is funded by our friends the Saudis
- < Previous
- Next >
iJobs Money & Business
£40000 - £50000 per annum + Bonus and Benefits: Harrington Starr: Technical Ap...
£Attractive Package: Citifocus: Excellent, opportunities exist for high calibr...
£Attractive Package: Citifocus: Key purpose of the role will be to act as Fixe...
£42000 - £46500 per annum + Benefits: Pro-Recruitment Group: Big 4 Opportunity...
Day In a Page
A three-bedroom Grade II-listed mews house with vaulted ceilings and roof garden
A spacious Grade II-listed family home with annexe and equestrian facilities among four acres of land in Itchingfield
A four-bedroom home with exposed brick walls and open fires in the picturesque village of Northill
A Grade II-listed property with five bedrooms and unique tower, overlooking Hastings Old Town
A charming five-bedroom detached family home, set within half an acre in Kew
A two-bedroom maisonette set on the top two floors of a period building, close to Kentish Town Tube.
Take advantage of the extra space provided by former stables and outbuildings at this five-bedroom farmhouse.
This three-bedroom Victorian terrace is near to Queen’s Road Peckham station, Nunhead station.
A five-bedroom modern house with terrace, swimming pool, Zen treehouse and large carp pond
An unexpected gem with four bedrooms, remarkable vaulted reception and a galleried study area
A five-bedroom house in one of Lymington's most sought after tree lined avenues, moments from the marinas and sailing clubs
A grand early 19th century B&B close to the historic harbour, with four en suite bedrooms
A four-bedroom, 17th century home with walled gardens, a landscaped terrace, cellar and open fires
A six-bedroom house with five bathrooms and four reception rooms spread over 4,000sq ft of luxury living space
A stunning three double-bedroom apartment with two decked terraces in the exclusive gated community, Bromyard House
A 10-bedroom period, family home amid beautiful surroundings in the centre of the Wentworth Estate in Longcross village
A stylish three-bedroom apartment with two bathrooms and private landscaped garden, moments from Fitzroy Square
A Grade II-listed Elizabethan barn with landscaped gardens, exposed elm beams and four bedrooms, all with lovely views
A six-bedroom family home, dating back to 1280 with four reception rooms, barn, swimming pool and tennis courts in Harwell
A spacious two-bedroom flat, refurbished to a very high standard with private landscaped garden, close to Kentish Town station
An exceptional two-bedroom apartment with balcony and underground parking in the centre of Richmond
A one-bedroom, luxury, duplex apartment in the grand landmark building, Imperial Hall
Run a fabulous boutique shop, live above it in a one-bedroom flat and let a second one-bedroom flat that comes part and parcel
A Grade-II listed, thatched cottage in Hundleby village, with five bedrooms, a coach house and three and a half acres
A spacious two-bedroom flat in the heart of Hoxton Square with wooden floors and roof terrace
A five-bedroom family home with stunning pool and gym complex set among two acres of land
A six-bedroom period house with heated swimming pool and a separate two-bedroom annexe cottage in Townlake, £795,000
A spacious and contemporary two-bedroom flat arranged over three floors, with garden patio close to St George Square, £600,000
A one-bedroom flat in a beautiful Regency building opposite the beach in Kemp Town, £190,000
A two-bedroom flat with London skyline views close to Surrey Quays. £395,000.
A seven-storey tower with three bedrooms and a stunning roof terrace. Guide price: £850,000.
A 16-bedroom country pile with nine reception rooms, four self-contained flats and a 13th century Peel Tower. £850,000.
A classic six-bedroom Victorian Manse house 10 miles from Edinburgh. £495,000.
John Lennon's childhood home in Liverpool to be sold at auction. Guide price: £150,000-£250,000.
A six-bedroom detached period property with secluded gardens, ample parking and a double garage in Rye, £675,000.
A large split-level property with three double-bedrooms and roof terrace, close to Crouch End Broadway, £625,000.
A charming barn conversion in the picturesque Cotswold village of Ilmington with three bedrooms, a detached garage, workshop and beautifully manicured gardens £675,000.
A three-bedroom new build, ground-floor flat with two bathrooms, close to Bermondsey tube, £445,000.
A three-bedroom house in an enviable new development moments from Oxshott High Street, with secluded garden and decked area, £385,000
A two-bedroom split-level flat with stunning south-west facing roof terrace in the popular Brondesbury Conservation Area, £549,950.