Minutes for August 21, 2013 meeting
MicNOVA: model investment club of DC Chapter, BetterInvesting
page 1 of 1
Meeting called to order at _7:05 pm
Attendees: Jo Murphy, Linda Hunt, Sheryl Patterson, Phyllis Woodring, Bob Bigrigg, Kathy Emmons, Lily Poy Patricia Onufrak.
Absent: Ty Hughes and Wilbert Nixon
Visitors: 7 Proxies: Per Bylaws–all proxy requests to be e-mailed to secretary prior to meeting. Bob for Wilbert, and Sheryl for Ty
Jo welcomed the new & returning visitors, & explained the club’s purpose.
7:05 PM - Information Sharing, current events: Money Matters Book Discussion at Oakton Library (2nd Tuesday); AAII-SIG meeting
10AM-1PM (4th Saturday). AAII programs (3rd Saturday) see aaii.com/chapters for event schedules. Free webinars at Better Investing
(Stock Study, Ticker Talk & Roundtable) BIVIO, Stock Central & Manifest Investing. See websites to register. See newsletter or list of
current events for prices & details. Visitors invited to join GTM and those who have attended three consecutive meetings are invited to
join MICNOVA. Sept 19th-22nd - Better Investing National Convention, Sheraton Station Square, Pittsburgh, PA.
Treasurer:
 Cash on hand $1,863.58; portfolio value $ 25,627.28 as of August 1, 2013 valuation; Dividends: $29.71
Secretary: Minutes: July minutes approved unanimously.
OLD & NEW BUSINESS:
 GoToMeeting: next MicNOVA GoToMeeting will be Thursday 12 September at 8:15 pm. Post quarterly report, updated SSG,
Value Line and other pertinent data a week before to club portfolio folder in BIVIO. Send email with attachments (incl ITK and PDF
SSG) Instructions for saving and loading documents to BIVIO are found in the Education folder of public documents.
 Education: Portfolio management with Toolkit 6.
 Stock Presentation: Lily presented possible ETFs to add to diversify of our portfolio.
 Stockwatcher reports:
 AAPL: Sales up 0.9%, EPS 19.8%, PTP up, ROE up, debt zero. Current PE=12.5, Cost was $321.00, price=$502.33 Hold
 ABT: Sales 44.5%, EPS 72.2%, PTP , ROE , debt up. Current PE=14.3, Cost was $48.55, price=$35.89 Hold
 ABBV: Sales up 4.4%, EPS NMF, PTP even, ROE NMF, debt zero. Current PE=35.5, Cost was $33.33, price=$44.71. Hold
 CHRW: Sales up 11.3%, EPS 1.4%, PTP up, ROE up, Debt zero. Current PE=15.6, Cost was $56.13, price=$56.79. Challenge
 COH: Sales up 5.8%, EPS 9.3%, PTP , ROE , Debt . Current PE=14.3, Cost was $56.62, price=$51.90. Challenge
 CTSH: Sales up 20.4%, EPS up 20.7%. PTP even, ROE even, Debt zero. Current PE=19.1, Cost was $60.75, price=$71.46 buy
 XOM: Sales 16.4%, EPS 54.5%. PTP up, ROE up, debt . Current PE=11.3, Cost was $61.21, price=$89.89 Hold
 INTC: Sales 5.1%, EPS 27.8%, PTP up, ROE up, debt even. Current PE=12.0, Cost was $20.13, price=$22.21. Hold
 MSFT: Sales up 10.3%, EPS NMF, PTP , ROE , debt zero, Current PE=12.2, Cost was $25.44, price=$31.85. Hold
 NOV: Sales up 18.3%, EPS 12.7%, PTP , ROE , debt up. Current PE=13.4, Cost was $68.84, price=$72.49. Hold
 QCOM: Sales up 35%, EPS up 30.4%, PTP even, ROE up, debt zero, Current PE=17.8, Cost was $62.94, price=$66.90 Hold
 SYY: Sales up 5.0 %, EPS 9.6%, PTP , ROE , debt . Current PE=19.3, Cost was $34.32, price=32.34. Challenge
Buys and Sells: No buys or sales.
Stockwatchers identified: updated September 1, 2013: note new stockwatcher report dates & earnings dates
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Ticker
AAPL
ABT
ABBV
BRLI
CHRW
COH
CTSH
XOM
INTC
JPM
MSFT
ORCL
NOV
QCOM
SYY
Stock
Watcher
Bob
Kathy
Kathy
Wilbert
Kathy
Phyllis
Ty
Linda
Lily
Jo
Lily
Wilbert
Sheryl
Phyllis
Linda
Bought
price
321.00
48.55
33.33
18.98
56.13
56.62
60.75
61.21
20.13
45.02
25.44
29.30
68.84
62.94
29.26
Date
Bought
06/21/11
11/23/10
01/02/13
02/22/12
08/16/12
10/18/12
09/27/11
05/25/10
04/27/11
04/27/11
09/17/09
03/27/12
12/20/12
12/20/12
09/21/10
8.31.13
price
488.10
33.38
42.78
28.87
56.95
52.77
73.79
87.07
22.04
50.63
33.43
32.02
74.20
66.08
32.06
% of
portfolio
9.6%
4.1%
5.2%
5.7%
8.3%
7.3%
5.8%
6.9%
5.2%
5.0%
6.6%
6.3%
9.7%
10.4%
3.8%
shares
5
31
31
50
37
35
20
20
60
25
50
50
33
40
30
Earnings
date
23 Jul 2013
14 Oct 2013
21 Oct 2013
26 Aug 2013
21 Oct 2013
28 Oct 2013
06 Aug 2013
28 Oct 2013
15 Oct 2013
12 Jul 2013
14 Oct 2013
16 Sep 2013
25 Oct 2013
6 Nov 2013
4 Nov 2013
Quarter
Q4
Q3
Q3
Q3
Q3
Q1
Q2
Q3
Q3
Q2
Q1
Q1
Q3
Q4
Q1
Stockwatcher reports
at meeting date
Nov, Feb, May, Aug
Aug, Nov, Feb, May
Aug, Nov, Feb, May
Sep, Dec, Mar, Jun
Aug, Nov, Feb, May
Aug, Nov, Feb, May
Sep, Dec, Mar, Jun,
Aug, Nov, Feb, May
Aug, Nov, Feb, May
July, Oct, Jan, May
Aug, Nov, Feb, May
Oct, Jan, Apr, July
Aug, Nov, Feb, May
Aug, Nov, Feb, May
Sep , Dec, Mar, Jun
We will do the Stockwatcher reports one month after the earnings come out. Morningstar updates within 2-3 days of that.
The Stockwatcher reports could be put on the calendar. (Nasdaq.com lists the earnings dates)
NEXT ACTIONS:
1. GoToMeeting: the next MicNOVA GoToMeeting will be Thurs,12 September at 8:15 pm
2. Stockwatchers for next month: BRLI, ORCL
Phyllis will maintain watch list; Ty will maintain Portfolio review
3. Stock Research for next month:– Bring your ideas - TBD at GTM , Emerging Market and Small Cap ETFs
Respectfully submitted, Sheryl Patterson