President – Alan Riddoch

Presentation

1. Stock Market Data2. Economic Data

Equity Indexes

Points Monthly Change %

FTSE 100 5841.74 +1.11%

CAC 40 3406.53 -2.94%

DAX 7291.21 +1.73%

S&P 500 1453.59 +1.58%

Nasdaq 2782.33 -1.65%

Commodities

Price Daily Change %

Brent Crude Oil $111.93 0.08%

Gold $1,775.70 -0.29%

Silver $34.005 -1.64%

Copper $372.150 -1.50%

Economic Data - UK

Actual Forecast Previous

GDP Q2 -0.5% -0.5% -0.5%

Unemployment 8.1% 8.0% 8.0%

Inflation (CPI) 2.5% 2.5% 2.6%

PMI Manufacturing

48.4 49.0 49.6

PMI Services 52.2 53.0 53.7

Interest Rates 0.5% 0.5% 0.5%

Quantitative Easing

375 BN 375 BN 375BN

Economic Data - US

Data Actual Forecast Previous

GDP Q2 1.6% 1.6% 1.6%

Unemployment Rate (change)

7.8% 8.2% 8.1%

Inflation (CPI) 1.7% 1.7% 1.4%

ISM Manufacturing Index

51.5 49.7 49.6

ISM Non-Manufacturing

55.1 53.4 53.7

Interest Rate 0.25% 0.25% 0.25%

Consumer Confidence

70.3 63.1 61.3

Economic Data - Eurozone

Actual Forecast Previous

GDP Q2 -0.5% -0.4% -0.4%

Unemployment 11.4% 11.4% 11.4%

CPI 2.6% 2.6% 2.6%

PMI Manufacturing

46.1 46.0 46.0

PMI Services 46.1 46.0 46.0

Interest Rate 0.75% 0.75% 0.75%

German ZEW Survey

-18.2 -20 -25.5

German Unemployment

6.80% 6.80% 6.80%

Retail Sales -1.30% -1.90% -1.40%

Top 10 Best and Worst Performing UK Sectors

Sector Change

Industrial Metals

17.79%

Forestry & Paper

9.99%

Industrial Engineering

8.76%

Banks 8.00%

Industrial Transportation

5.33%

Construction & Materials

5.30%

General Financial

5.19%

General Industrials

4.90%

Electricity 4.74%

Electronic & Electrical Equipment

4.27%

Best

Perfo

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g

Wors

t Pe

rform

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Sector Change

Personal Goods

-17.76%

Food & Drug Retailers

-6.65%

Chemicals -0.95%

Household Goods

-0.65%

Oil & Gas Producers

-0.44%

Gas, Water & Multiutilities

-0.09%

Beverages 0.06%

Health Care Equipment & Services

0.18%

Real Estate 0.45%

Pharmaceuticals & Biotechnology

0.48%

Monthly FTSE Risers and Fallers

Best

Perfo

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Wors

t Pe

rform

ing

UK Share Change

Trinity Mirror

65.00%

Centaur 36.46%

Ferrexpo 33.87%

Aquarius Platinum

30.89%

Supergroup 29.63%

Wilmington Group

27.58%

Optos 26.84%

St.Ives 24.68%

Speedy Hire 24.23%

Bwin.Party 23.96%

UK Share Change

CPP Group -67.18%

Bumi -36.36%

Volex -28.40%

Promethean

-27.27%

Lamprell -24.88%

Burberry -21.65%

Invista -21.37%

Firstgroup -19.96%

Imagintn.tech

-17.07%

Glencore International

-14.46%

Recommended Reading

“The Zulu Principle” Jim Slater“

How to make money in stocks” William J. O’Neil

“Come into my trading room” Alexander Elder

“How to make money trading” Lex Van Dam

Vice President– Tom Calland

Finance Team

If you’re new to investment clubs you might think it’s odd that a department in such a society can have such a general name as ‘Finance’. Surely everything that investment clubs do is about finance?

However, Finance focuses on providing accurate financial information , high quality advice and financial analysis.

Some basic tasks include… General Accounting.

Producing the society’s financial statements. Analysing the portfolio’s performance in terms

of profit/loss. Audit of accounts.

Finance Team

Being part of the finance team, you will be required to produce work on a weekly basis, in order to be able to contribute to an extensive financial report for the end of month meetings.

We will announce a date for the finance team to meet, prior to the end of month meeting so data can be collated and speakers can be assigned for the end of month presentation. This will be announced a few weeks in advance of the MGM.

For those aspiring for a career within finance, this is the perfect medium for you to produce a ‘portfolio’ of real evidence to show potential employers, putting you ahead of the rest.

You must have an eye for detail and a willingness to learn, what you put in is what you will get out!

Fund Manager– Jonny Murphy

Managing The Fund

Responsibilities: Effective implementation of

investment strategy. Collation of data from finance team. Giving a balanced recommendation

on how to invest. Execution of trades.

Investment Strategy – An Example

Europe’s leading airline with 55 million passengers.

Strong performance over the last year has seen a large rise in share value.

Earnings per share in 2011 were at an 85% increase.

The Transactions

£20,000 budget to spend on share Starting share price: 385.38p Stamp duty = £100 Commission = £12 January 2012 value = 5160 shares

worth £19885.61 October 2012 value = 5160 shares

worth £31966.20Profit = £12,081 / 60.75%

increase!

easyJet – A good choice

Outperforms travel and leisure sector

JJB - a BAD choice

Could not afford to implement recovery plan

Debts were unsustainable Share price fell rapidly and have now

ceased trading resulting in losses for shareholders

Contrast with healthy position of sportsdirect.com

JJB – a BAD choice

• Massively outperformed by competitor Sportsdirect.com

Investment Portfolio – Standard Life UK Equity

How to make transactions on your fantasy account

www.bullbearings.co.uk

RESEARCH FIRST!!

Once you’ve chosen your stock, it’s time to buy.

Buying and Selling Stocks

Easy process:

Analyst – Terry McGrenaghan

The Analyst’s Role

An analyst must be aware of current developments in the field in which he or she specializes in to build a detailed overview of your sector. This information can be gained via major news channels, articles, public records and filings by companies. The quality of this research will be a major factor in achieving greater clarity when it comes to building a wide and varied portfolio.

Keeping up with current evens   Research BBC/Sky news Bloomberg The Economist Financial Times City A.M.

www.digitallook.com

www.morningstar.co.uk

www.bloomberg.com

http://www.reuters.com/finance/markets

www.bullbearings.co.uk

The Week In Review (01/10/12 – 07/09/12)

  Tesco’s 10.5% fall in profit

Consider one example of Tesco’s rival, Sainsbury who experienced a 1.9% rise in like-for-like sales.Are the cracks being to show for Tesco?There is pressure to lower prices, how will this affect the market?

  The fall of JJB Sports

This has led to the expansion of Sports Direct as they have gained some JJB stores and the remaining shares. Possible Buy opportunity?

  U turn on the West Coast Mainline Bid by First Group

First Group shares fall by 12%?How will this effect Stage Coach(49%) stakeholders in Virgin Trains?

Power Shortage Risk by 2015Announced by the regulator Ofgem,What does this mean for the big energy companies?Will there be a price war and when these companies must spend money to expand when dealing with this problem how will this affect the return to investors.

Recommendation for the Portfolio

Halfords Group Plc (HFD) Cycle sales raced ahead 14.7 per cent because of good weather and

the success of Bradley Wiggins in the Tour de France and Team GB in the Olympics.

The Groups profits where up to around £40.0m-£42.0m reflecting the strong Q2 sales performance and out performing predictions.

Halfords Group continued

A surprising rise in profits show that Halfords really did utilize the summer Olympics and Tour de France to their full advantage. It had an overall rise in bike sales and if we look closer we see a boost in sales also for Halfords' premium bicycle ranges.

Halfords also is growing its car maintenance arm and its Autocentres car-servicing business by investing heavy in marketing.

Investors will be keeping a close eye on this new venture by Halfords along with its fundamental bicycle sales which they will hope post Olympic initiatives such as Sky Ride should stave of those winter blues.

Ratios P/E Dividend Yield %

Operating Margin %

Company 11.28 5.88 10.40

Sector 13.52 3.63 -258.48

Analysts Thoughts

Events Manager – Matthew Carney

Events

Free Trading Event on the 23rd of October In Queens Square in the City Centre.

There is also a Student week available in Investec at the end of July, however, best getting applications in as soon as possible as places fill up very quickly. See me at the end if you’re interested.

Here is a list of events available in the October that concerns all forms of business….

10th – Access Finance for Business- All day session with some of Liverpool's top investors-

http://www.liverpoolchamber.org.uk/events.html?eventID=3037 £15 (LCC)

12th - Business and the Environment by Luciana Berg MP - http://www.liverpoolchamber.org.uk/events.html?eventID=3038 £15 (LCC)

18th - Exporting Works - Breakfast Networking

http://www.liverpoolchamber.org.uk/events.html?eventID=2960 Free (LFC Stadium)

Next Social Event – 2nd November

10pm. This will take place on the 2nd

November where everyone, if interested, will meet at studio 2 on Parr Street, (Behind Heebies) at 10pm.

Leaving there at around half 11 if you want to meet with us at this point to Maya Bar. This is an underground bar based under Lucha Libre Restaurant off Bold street.

After this, we’ll finish up Chameleon (Next to Maya) where we can play the Stock Market with shots.

Hope to see everyone there as it will be a very good night and a good chance to break the ice with everyone.

Next Meeting – October 29th 5:30 pm

When?

Monday October 29th 5:30pm

Where?

Redmonds Building, Clarence Street.

Society Hoody/ Application Form and Membership Fees

Hoody link on Facebook page, order your hoody individually for collection at the Student Union. Shop Closes on 14th Oct.

£17.75

Can all please hand in their application forms and membership fees to Tom and Emma after the presentation.

Thank you!