At our first meeting on February 5, 2024, we had 16 members (six new to the group), four apologies and one guest. Our new Power Point welcome listed all members, the sector size of the Australian Market and a recent list of best performing stocks. Our around the table short introduction by all present took up 15 minutes.
The structure of our meeting will continue similarly to last year. A sheet was handed out to be returned at the end of the meeting with a listing of companies in one of the 11 sectors, each member to circle two companies. This listing will go into a Bendigo Watchlist that automatically updates without further input and visually on the screen can be compared with the All Ord’s. Four members who were absent have been sent a sheet to nominate their selections.
Our long-term selections covered a range of stocks that I will enter for our March meeting review on how they performed. For our short term/monthly listing we again had a great cross section, but only one person selected any of the 4 big banks.
Our third spread sheet, “Real Time Investing with Dividend”, gave members the option to choose a stock that will be ex-dividend in March, hence gain the dividend early; to add to their initial $9980 outlay. A couple of members had done some research that reflected in their selection which was good to see. The March update will reflect as many ex-dividend dates as known. If the date has not been announced, I will add 6 months to the last 2023 known date. You may sell or buy at any time with a limit of three new buys for the year to keep the sheet reporting size manageable. If this new sheet becomes too difficult, we may not continue. Franking credits will not be added to this listing.
Thank you everyone for your contribution. At our March meeting we should have time to look at more of the stocks you may be interested in. Thanks to Margaret J for the stock record checking on all the selections.
Our next meeting will be Monday 4th March 2024 at 2pm at U3A Room 1.
Malcolm Sanders
Convenor .
The structure of our meeting will continue similarly to last year. A sheet was handed out to be returned at the end of the meeting with a listing of companies in one of the 11 sectors, each member to circle two companies. This listing will go into a Bendigo Watchlist that automatically updates without further input and visually on the screen can be compared with the All Ord’s. Four members who were absent have been sent a sheet to nominate their selections.
Our long-term selections covered a range of stocks that I will enter for our March meeting review on how they performed. For our short term/monthly listing we again had a great cross section, but only one person selected any of the 4 big banks.
Our third spread sheet, “Real Time Investing with Dividend”, gave members the option to choose a stock that will be ex-dividend in March, hence gain the dividend early; to add to their initial $9980 outlay. A couple of members had done some research that reflected in their selection which was good to see. The March update will reflect as many ex-dividend dates as known. If the date has not been announced, I will add 6 months to the last 2023 known date. You may sell or buy at any time with a limit of three new buys for the year to keep the sheet reporting size manageable. If this new sheet becomes too difficult, we may not continue. Franking credits will not be added to this listing.
Thank you everyone for your contribution. At our March meeting we should have time to look at more of the stocks you may be interested in. Thanks to Margaret J for the stock record checking on all the selections.
Our next meeting will be Monday 4th March 2024 at 2pm at U3A Room 1.
Malcolm Sanders
Convenor .
