50 kSEK per medlem passerat

AFFE har passerat en viktig milstolpe i resan mot 10 MSEK år 2034. 2007-04-26 var portföljen värd 450 163,95 SEK, vilket motsvarar en medlemsandel på 50 018,22 SEK. Portföljsammanställningen ser ut som följer:

Tillgångsslag      SEK          Andel
--------------------------------------
Likvida medel      100 867,80   22,41%
Aktier             315 927,96   70,18%
Fonder              33 368,20    7,41%
--------------------------------------
Summa              450 163,95  100,00%

/T

Kort position avslutad i Electrolux

AFFE klev in med 300 aktier i Electrolux för två veckor sedan, se tidigare inlägg. Dessa aktier har idag sålts för 187.50 SEK/st. En förtjänst på ca 5% på två veckor. En mer detaljerad förtjänstberäkning presenteras inom kort.

/T

Eniro

On 2007-04-18 the board decided to make a 5000 SEK investment in Eniro listed on OMX Large Cap.

Portföljvärde 2007-04-16

AFFEs portföljvärde uppgår 2007-04-16 till 448 954,68 SEK.

/T

Monthly investment for April made at AIV

2007-04-13, the monthly investment of 2700 SEK was made at Aktieinvest.

• Vestas Wind Systems 1100 SEK (2,62585 shares á 330,55 DKK)


• Axis 1100 SEK (8,40146 shares á 129,475 SEK)


• Elekta 500 SEK (3,89868 shares á 126,825 SEK)

/T

Deklaration 2006

Deklarationen av AFFEs affärer under 2006 är (äntligen) klar. Jobbet resulterade i en styck K4-blankett á 4 sidor, samt 6 stycken K4A-blanketter á 2 sidor. De ifyllda blanketterna finns att beskåda som .jpg bilder i ett Picasa Web-album. Blanketterna har även skickats till er som ett PDF dokument via e-post 2007-04-16

Resultatet av denna räkneövning blev att varje medlem skall i sin deklaration ta upp en reavinst om 3768 kronor som gjorts i AFFEs namn.

Om ni har några frågor angående deklarationen, maila mig gärna på min hotmail adress.

/T

Kort position i E-lux tagen

Syrelsen beslutade 11 April att ta en kort position i E-lux.
Beslut togs att investera 300 E-lux B aktier. Köpkurs: 181,50 SEK.
Positionen skall lämnas vid 10% uppgång eller 10% nedgång.

/T

Decision to sell taken

A decision to sell a number of shares in the portfolio was taken by the board on April 4th. The reason for selling is the different signs we have seen which indicate that a probable dip is approaching during the coming year.

The following shares have been sold as of today:

• Alfa Laval (+4,6% in 29 days. Very good!!)
• Atlas Copco (+5,8% in 29 days. Very good!!)
• Sandvik (+10,1% in 29 days. Excellent!!)
• Apple (-1,4% in 73 days. Not good. Partly explained buy a weakened Dollar.)
• Clas Olsson (+5,2% in 84 days. A good investment and >the bank account in a year.)
• Tieto Enator (+5.2% in 76 days. A good investment and >the bank account in a year.)
• IBM (sold 25%), (-5,2%. Embarrassing. It is a long term investment but we chose to decrease.)
• SCA (sold 30%) , (+38,7% since a couple of years. Very good investment.)
  

The sale resulted in a SEK4.613:- profit which is taxable in 2008 (-SEK1.384:- or SEK154.- per person). The average Return On Investment (ROI) was 8.5%. However, 66% of the ROI is related to SCA, which value has been built up over a couple of years. Still a positive contribution to A.f.f.e wealth development.

After having sold these shares, about 25% (SEK101.000:-) of the assets in A.f.f.e are now in cash. The current plan is to keep about 25% of the portfolio's value outside of the stockmarket until a dip comes. This money will be invested at a later stage when the individual share prices are more attractive.

Thomas and Patrik

March 2007

March was a volatile month with a big initial dip. However, A.f.f.e, in the end, delivers a positive +3,4% (excl. monthly savings) growth in March 2007, which increase our portfolio value to SEK434.251:- (+6,7% in 2007). Additional SEK2.700:- was paid in from members.

The Board took the opportunity to purchase stocks during the "dark days" in the beginning of March. A.f.f.e invested SEK40.000:- (Cash) in Health Care, Capital Goods (Alfa Laval, Atlas Copco, Sandvik) and Energy industries (Eon, Vestas), and repositioned SEK10.000:- (portfolio) in the Financial sector (Swedbank, SEB). Our monthly savings was invested equally (SEK675:-) in Elekta, Q-Med, Getinge, Apple, which are less sensitive sectors to changes in the business cycle.

Our position in cash was decreased by -37,8% due to excellent purchase opportunities. New cash position is 9,8%. Our exposure to high risk investments has increased to 13,2% (63.158:-), which is above our target of 10%.

Stars in March are Axis (+25%), Q-Med (+21,7%), Electrolux (+12,7%) and Apple (+11,7%), which accounts for 14,9% (SEK64.631:-) of A.f.f.e. The Board used March and its volatile behavior to increase investments in Q-Med and Apple. Bad performer in March was Elekta (-16,2%), which the Board took as an opportunity to increase by 100% (SEK5.000:- in cash).

Good sector development in Consumer Cyclicals (+9,7% excl. inv.), Utilities (+8,5%) and Capital Goods (+4,8%). Finance sector is decreasing (-2,3%) due to uncertainty in global financial markets.

Currently, A.f.f.e needs an additional +3,6% growth to hit the first individual target - a value of SEK50.000/per membership - which is a nice figure halfway to a small car. Maybe in April?

Patrik

Simcorp

Simcorp - har närmast monopol på mjukvara till asset management i Danmark och står inför ett genombrott i USA. Aktien har gatt fran DKK140 mars 2003 till DKK1180 mars 2007.

"SimCorp is a leading supplier of highly specialised software and expertise for financial institutions and corporations – activities, which have established our reputation as "the house of financial know-how"."

Jag föreslar en investering pa SEK10.000:- med finansiering inom teknologiportföljen förslagvis SEK5.000:- fran vardera Ericsson och IBM. Investeringen far initialt ses som en krydda.