|
Written by Portfolio Updates
|
|
Wednesday, 14 May 2008 |
|
Update: 14th May 2008
As I Write this QTI is trading at 1.27 pence per share. Those of you who are mathematically inclined will notice this is significantly below what we paid for them. A disaster you ask? I would say not. Whilst the price has gone down, the reasons we purchased the share all hold good. The decline seems to correlate heavily with the release of a further £1 million of shares to institutional investments. Whilst this shows QTI is short of money, we already knew this and the fact the institutional investors were prepared to buy them at all shows they have some belief QTI may succeed.
If the above mentioned deal with Halma materialises then the price is likely to increase dramatically. In my opinion declines are probabely due to people who bought the stock with the expectation that it would continue to go up as it did in late 2007 and are now getting out because this hasn't happened. This was not why we bought the share and so we have no reason to get out.
On this basis, subject to some analysis of Halmas finances given the current market conditions, I will, at the next MYM meeting, be proposing that QTI is currently looking attractively cheap and we should increase our holding of it by approximately 2/3's.
|
|
Last Updated ( Thursday, 19 November 2009 )
|
|
|
Written by Ben
|
|
Thursday, 14 February 2008 |
The Money? What Money Investment group made its second purchase today: Autonomy Corporation at a price per share of 1,004.332 pence.
AUT provide search solutions, generally for large enterprises under the tag line "the other 80%". The basis of this is that 80% of information in any given institution is either not properly catalogued due to format (like the contents of audio video files as opposed to their meta data) or due to context. Context refers to things like emails and the like where a simple keyword search will tend to throw up incorrect results and miss out important ones. AUT's software is supposed to be able to use algorithms developed at Cambridge university to extract "meaning" from such data and relate it to search terms in a way a keyword search would not.
|
|
Last Updated ( Thursday, 19 November 2009 )
|
|
|
Written by Portfolio Updates
|
|
Tuesday, 22 January 2008 |
|
Money? What Money? Investments celebrated the biggest slump in the FTSE100 since Semptember the 11th and the biggest american rate cut in 20 years by buying our first block of shares! We are now the proud owners of 7107 and a bit shares in Qonnectis (DigitalLook link) bought for 2.11 pence per share. All that's left is to watch them rise! Stop losses and target price to be decided at tomorrows meeting.
|
|
Last Updated ( Thursday, 19 November 2009 )
|
|
|
Written by Ben
|
|
Monday, 09 August 2004 |
|
The Money? What Money Investment Group has made it's first buy Decision, Qonnectis PLC!
|
|
Last Updated ( Tuesday, 01 July 2008 )
|
|
|
<< Start < Prev 1 2 Next > End >>
|
| Results 10 - 13 of 13 |
