Thursday, October 7, 2010

Meeting #29 Go through The financial Review

Another successful meeting in the Westin Hotel. Thanks to Roy and Justin for their hard work in between sips of beer. Condolences to Giselle who was unfortunately not well and could not attend. Regards to Mandy who hopefully is getting creative on holiday somewhere and could not attend.

We went through the financial Review and noted down any companies we recognized from all the companies in the ASX omitting any sector that were too hard. We hope by doing this we can work on the lowest hanging fruit first (easiest to understand).We each have 2 hours of homework to do before our next meetup.




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So we have 3 weeks until the next meeting and we all have 2 hours of homework to do in 4 weeks. Thats 45 mins a week.


Paul

  • Complete - write up our selections amend to a spreadsheet and add market capitalization. See this link for the spreadsheet
  • Complete - Set calendar and document on this blog

Roy to Review Infomedia

  • Get 10 years worth of financial info
  • Read 1 Annual report
  • Compile a list of the key soft attribute about the company - consumer monopoly etc
  • Evaluate the overall performance of the company
  • Evaluate the Overall performance of the managers
  • Watch the crash course

Justin to Review Infomedia

  • Get 10 years worth of financial info
  • Read 1 Annual report
  • Compile a list of the key soft attribute about the company - consumer monopoly etc
  • Evaluate the overall performance of the company
  • Evaluate the Overall performance of the managers
  • Put the Documents on Definitions onto google documents

Giselle

  • Complete reading from last time
  • Watch the crash course

Mandy - Optional

  • Read "The warren buffet way or buffetology"

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