Here is the updated hypothetical ethical share portfolio. I'm trying to make my reporting of this hypothetical ethical share portfolio as transparent as possible: suggestions are welcome. I'm thinking of adjusting the buy price to reflect dividends received.
So far so good I guess. I'm a bit sad I didn't add Vocus to the portfolio before the price spiked. On the other hand, so far so good I guess. It's early days. Just a reminder: in my mind this is a diversified portfolio with ten equal positions, so I'm only half invested at this point. Also, this portfolio is not the same as my real life portfolio. Note the recent addition of IMF. The All Ordinaries were at 5324.9 at close today.
| Dividends Received | Company | Code | Date Added | Buy Price | Most Recent Close | Percent Change | ASX All Ords (XAO) Change | Relative Return | XAO at time of purchase |
$0.051 | Energy Action | EAX | 19/07/13 | $2.88 | $4.200 | 45.83% | 7.37% | 38.46% | 4959.39 |
0 | My Net Fone | MNF | 17/10/13 | $1.40 | $1.520 | 8.57% | 0.81% | 7.76% | 5281.88 |
0 | 1300 Smiles | ONT | 24/10/13 | $6.50 | $6.590 | 1.38% | -0.91% | 2.29% | 5373.67 |
0 | Fiducian Portfolio Services | FPS | 7/11/13 | $1.18 | $1.345 | 13.98% | -1.67% | 15.65% | 5415.43 |
0 | IMF Australia | IMF | 25/11/13 | $1.70 | $1.725 | 1.47% | -0.40% | 1.87% | 5346.1 |
The Hypothetical Ethical Share Portfolio
Nothing on this website is advice, ever. I hold positions in all of the companies mentioned above.
Nice update from MNF today re acquisition of Pennytel, not much more than 1 x earnings, what a bargain.
LinkSmart managers and a company with bright prospects.
Any thoughts?
Thanks for your contribution Paul. They bought Pennytel off the liquidators, and for a good price, so it looks like a conservative acquisition.
LinkThe best part of the announcement in my opinion is that they are seeing growth in the enterprise services business. This is good because from memory that is higher margin than the wholesale business, which provided most of the growth in FY 2013.