Minutes for May 21, 2014 meeting
MicNOVA: model investment club of DC Chapter, BetterInvesting
page 1 of 2
Meeting called to order at _7:05 pm
Attendees: Jo Murphy, Linda Hunt, Sheryl Patterson, Phyllis Woodring, Patricia Onufrak, Kathy Emmons, Irina Clements (late arrival),
and Gladys Henrikson
Absent: Bob Bigrigg, Lily Poy, Jerry Long, Ty Hughes, and Wilbert Nixon.
Visitors: 13 Proxies: Per Bylaws– E-mail proxy requests to secretary prior to meeting. Linda for Irina and Sheryl for Lily.
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. Monday June 16th - BI DC Chapter Webinar, Best of 2014 BINC - leave your email address at previous Chapter event
or Register at www.betterinvesting.org. 8-9 pm, Fee waived.
Treasurer:
 Cash on hand $3,318.05; portfolio value $ 33,636.88 as of May 1, 2014 valuation; Dividends: $15.50
Secretary: Minutes: April minutes approved unanimously.
OLD & NEW BUSINESS:
 GoToMeeting: next MicNOVA GoToMeeting Thursday 12 June 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 document uploads are in the BIVIO public document Education folder.
 Sold 35 shares of Coach, (COH) at $49.38 plus $7.04 commission for $1,988.70 with ($267.44) capital gain.
 Stock Presentation: Jo presented ENSCO (ESV)
 Stockwatcher reports:
 AAPL: Sales up 11.3%, EPS 18.0%, PTP up, ROE up, debt even. Current PE=10.6, Cost was $321.00, price=$442.93 Hold
 ABBV: Sales up 5.4%, EPS up 1.0%, PTP , ROE NMF, debt zero. Current PE=20.6, Cost was $33.33, price=$53.27 Hold
 BRK,B: Sales up 3.6%, EPS 3.9%, PTP up, ROE up, debt . Current PE=15.5, Cost was $115.99, price=$126.86. Hold
 CHRW: Sales up 5.0%, EPS 2.8%, PTP , ROE up, Debt up. Current PE=22.5, Cost was $56.13, price=$59.10. Hold/ Watch
 CTSH: Sales up 19.9%, EPS up 22.1%. PTP even, ROE , Debt none. Current PE=22.5, Cost was $60.75, price=$47.59. Buy
 XOM: Sales 1.9%, EPS 0.7%. PTP , ROE , debt . Current PE=13.7, Cost was $61.21, price=$102.01 Hold/Watch VL
 INTC: Sales up 1.5%, EPS 6.5%, PTP , ROE , debt . Current PE=14.0, Cost was $20.13, price=$26.00. Hold
 MSFT: Sales 0.4%, EPS 5.8%, PTP , ROE , debt up, Current PE=14.9, Cost was $25.44, price=$39.83. Hold
 MYGN: Sales up 17.0%, EPS up 4.0%. PTP even, ROE up, debt zero. Current PE=15.3. Cost was $24.48. Price=$35.70 Hold
 QCOM: Sales up 4%, EPS up 7.5%, PTP , ROE up, debt zero, Current PE=21.3, Cost was $62.94, price=$79.78 Hold
 SYNA: Sales up 25.1%, EPS 205.1%, PTP up, ROE , debt . Current PE=35.3, Cost was $49.08, price=$57.74 ???
 TROW: Sales up 17.0%, EPS up 24.2%. PTP up, ROE up, debt zero. Current PE=19.2, cost was $73.30, price=$79.82. Hold
Buys and Sells: No buys. Sold 35 shares Coach (COH) at $49.38 per share, plus $7.04 commission.
Stockwatchers identified: updated June 1, 2014: note new stockwatcher report dates & earnings dates
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
Ticker
AAPL
ABT
ABBV
BRLI
BRK,B
CHRW
CTSH
XOM
INTC
JPM
MSFT
MYGN
ORCL
NOV
QCOM
SYNA
TROW
Stock
Watcher
Irina
Bob
Phyllis
Jo
Wilbert
Jerry
Patricia
Sheryl
Linda
Bob
Wilbert
Gladys
Ty
Jerry
Lily
Irina
Kathy
Bought
price
321.00
48.55
33.33
18.98
115.99
56.13
60.75
61.21
20.13
45.02
25.44
24.48
29.30
68.84
62.94
49.08
73.30
Date
Bought
06/21/11
11/23/10
01/02/13
02/22/12
01/16/14
08/16/12
09/27/11
05/25/10
04/27/11
04/27/11
9/17/09
09/17/09
03/27/12
12/20/12
12/20/12
12/5/13
09/19/13
6.1.14
price
633.00
40.01
54.33
26.76
128.34
59.86
48.61
100.53
27.32
55.57
40.94
33.16
42.02
81.87
80.45
68.08
81.53
% of
portfolio
9.8%
3.8%
5.2%
4.1%
3.6%
3.0%
3.0%
6.2%
5.1%
4.3%
6.3%
3.1%
6.5%
8.3%
9.9%
6.3%
7.6%
shares
5
31
31
50
09
37
20
20
60
25
50
30
50
33
40
30
30
Earnings
date
21 Jul 2014
14 Jul 2014
21 Jul 2014
05 Jun 2014
02 May 2014
04 Aug 2014
04 Aug 2014
28 Jul 2014
15 Jul 2014
15 Jul 2014
22 Jul 2014
11 Aug 2014
16 Jun 2014
29 Jul 2014
23 Jul 2014
28 Jul 2014
24 Jul 2014
Quarter
Q3
Q4
Q4
Q2
Q2
Q2
Q2
Q2
Q2
Q2
Q4
Q1
Q4
Q2
Q3
Q3
Q4
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
Aug, Nov, Feb, May
Oct, Jan, Apr, July
Aug, Nov, Feb, May
Aug, Nov, Feb, May
Nov , Feb, May, Aug
May, Aug, Nov, Feb
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 June at 8:15 pm
2. Stockwatchers for next month: ABT, ORCL, BRLI, NOV, and CHRW
Phyllis will maintain watch list; Ty will maintain Portfolio review
3. Stock Research for next month:– Sheryl–Air Lease (AL), Phyllis-Gentex (GNTX), Gladys-IPG Photonics(IPGP), Kathy MWI
Veterinary Supplies (MWIV)
Minutes for May 21, 2014 meeting
Respectfully submitted, Sheryl Patterson
MicNOVA: model investment club of DC Chapter, BetterInvesting
page 2 of 2