Artful Investing

+0%. That looks like short-hand for some new-fangled way of signing off an email. It is in fact my return for the year so far, so badly hammered by my gross error with Invox but buoyed by successes with SOCO International, SVB Group (now Novae), Chaucer and more recently, NCipher.

My returns for the year would have been approaching +20% if it hadn't been for the Invox debacle. I bought shares at something like 93p, 80p and 50p and sold the whole lot for 23p. Terrible.

Look at that, four winners for the year and one loser. That's forgetting Fayrewood, whose shareprice continues to malinger and do nothing to improve returns. My aim for the year has to be to find some more investment opportunities and hope the shares I hold come good.

End of March 2006:
Chaucer Holdings, 06/10/2003 at 42.88p (75p)
Fayrewood, 15/04/2005 at 112.5p (104p)
Fayrewood, 19/04/2005 at 111.5p (104p)
Invox, 10/01/2006 at 93.13p (66p)
Invox, 09/02/2006 at 81.5p (66p)
SOCO International, 13/03/2006 at 869.5p (1101.5p)
+ cash holdings

End of October 2006:
Fayrewood, 15/04/2005 at 112.5p (104p)
Fayrewood, 19/04/2005 at 111.5p (104p)
NCipher, 25/04/2006 at 233.5p (257p)
SOCO International, 13/03/2006 at 869.5p (1101.5p)
+ cash holdings

an embarassing return so far this year of 0%. Must do better.