Meeting:	Monthly Meeting - August 2000
Held at:	The Brocklebank		Date:		27^th September 2000
			Time:		17:15 – 18:45
Prepared by		Kit P
Chairperson:	Geoff O’F
Present:	Chris B
	Dave G
	Geoff O’F
	Kit P
	Richard W
	Adrian B
Apologies:
Distribution:	As above
Chairman’s Acceptance of Minutes
_____________________________________________				____ / _____ / ____
Signature				Date

1. Minutes of previous meeting

The minutes from the monthly meeting of 30th August were accepted, subject to the following revisions:

(a) Adrian B did not attend

(b) The date in the header was incorrect (26^th July), rather than 30^th August.

2. Next Meeting

Monday 16^th October between 17:15–19:00. Venue: The Brocklebank.

3. Actions from previous meeting

3.1 Actions Closed since last meeting

Ref.	Description & Progress	Target Date
CB/0525/03	Complete tax form 185-1 for the club 0627: No progress 0726: awaiting posting 0830: Now progressing with form 185-2	Completed
RW/0830/01	Richard to send email to CB to recover 50% of the cost of InvestorEase	Completed
KP/0830/02	Update standard Portfolio Management section of the Agenda to include monitored company reports	Completed
CB/0830/03	Chris to confirm that all standing orders in force against new bank account	Completed

3.2 Actions Carried forward to Next Meeting

See end of these minutes

4. Treasurer’s Report

4.1 REPORT SUMMARY

See Full Report

4.2 MATTERS ARISING FROM REPORT

None.

5. Lucky Llama competition

See Full Report

6. PORTFOlio Management

6.1 Stop Loss Triggers

Parity	HOLD
Atlantic Caspian	HOLD
ARM Holdings	HOLD
Science Systems	HOLD
Cable & Wireless	HOLD
Tibbett & Britten	HOLD

6.2 New Buy Proposals

Richard W proposed Delta.

Chris B proposed National Power.

The meeting agreed the purchase of £1000 of Delta. The imminent split of NP was discussed and concern was voiced that the City might revalue the sum of the part well below the whole. Accordingly NP was not pursued.

6.3 Sell Proposals

None.

7. Competitions

Publication	When Available	Format
Independent	Usually 1^st Saturday	B and Bear for the given sector
Mirror	Wednesday mid month	Mark given 10 shares as Higher-Lower
Express	Sporadic Wednesday	Mark given 5 shares as Higher-Lower
Mail On Sunday	E-form due 1^st Thursday	All Shares Biggest Riser

8. AOB

None

Actions carried forward to next meeting

Ref.	Description & Progress	Target Date
DG/1221/08	Send details of useful URLs to club members with brief description of each 0111: No progress 0216: CB and RW have suggested some useful URLs. RW added that if you register (free) with www.fool.co.uk, the “MyFool” page presents some useful links. 0322: DG supplied a handout from SHARES magazine with some reviewed websites but action is still outstanding 0419: DG to put links on RSIC Website 0525: No progress since last meeting 0627: No progress – Website still needs updating 0726: No progress 0830: No progress 0927: No progress	16/10/00
DG/0525/01	Put annual reports list onto website 0627: No progress 0726: No progress 0830: No progress 0927: No progress	16/10/00
ALL/0927/01	Consider what information might be useful in a Monthly Report template. 0627: No progress 0726: No progress 0830: No progress 0927: No progress	16/10/00