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Purchase: Mwana Africa PDF Print E-mail
Written by Portfolio Updates   
Thursday, 05 November 2009

New security added to Money? What Money?'s investment portfolio:

Company Name: Mwana Africa PLC
Symbol: MWA
Puchase Price: 13.5 Pence Per Share
Date of Purchase: 5th November 2009
Target Price: 17 Pence.


Summary:

Mwana is a mining company focussing on precious metal, base metal and diamond extraction in Africa. They have various interests in Zimbabwe which – due to the current political turmoil – has led many investors to avoid any substantial commitment.

The focus on the risk posed by their interests in Zimbabwe has led to a disproportionately low valuation given that they have substantial assets in other parts of Africa.

Last Updated ( Friday, 20 November 2009 )
 
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Portfolio:
ITM.L
Price: 33.00 Pence
Value: 107.28 %.
HSBA.L
Price: 658.30 Pence
Value: 98.32 %.
RBS.L
Price: 49.5472 Pence
Value: 82.88 %.
MWA.L
Price: 9.00 Pence
Value: 66.35 %.
LLOY.L
Price: 68.56 Pence
Value: 59.15 %.
QTI.L
Price: 0.00 Pence
Value: 0 %.

Portfolio Value: 88.88%

a return of

-1.05% below the FTSE