November 5, 2007

Update on European Magic Formula stocks, virtual and benchmark October

Originaly posted 17 october 2007

First of all I want to apologise for a mistake I made.


In my portfolio I sold Salzgitter. But it is still in the list. However I bought more of that stock then I should have +-2000 euro to much, so it isn't that bad for me. However those following the project can decide for themselves what to do.


In my portfolio I sold HCI Capital with a gain of 13,91%. And Salzgitter with a gain of 78,6%


In the virtual portfolio Aqu industries was one that was retained from selling because it is still in the list! Aleo Solar was sold with a gain of 158% !!! Let's hope we can have more of this.


Tomorrow it is exactly 1 year since the start of the project. Having a gain of 17,96 % is nice, however I had hoped to beat the benchmarks by more then just 3%. But I keep believing in the magic formula. How else can you have a gain above average with so little time invested?


My Stocks



























































































































































































































Name Date bought Number Price payed Price 17/10/2007 Difference
Belgacom 17/11/2006 108 27,90 € 33,05 € 18,46%
Mittal 17/11/2006 100 29,36 € 54,62 € 86,04%
Brederode 17/11/2006 105 29,00 € 31,56 € 8,83%
fornix bioscience 17/11/2006 148 22,34 € 20,02 € -10,38%
Unibail 14/12/2006 17 180,70 € 176,83 € -2,14%
Innoconcepts 14/12/2006 255 11,75 € 14,73 € 25,36%
Tomtom 18/01/2007 91 33,13 € 54,73 € 65,20%
GL Trade 18/01/2007 73 41,45 € 36,46 € -12,04%
Rio Tinto 16/02/2007 70 42,97 € 66,10 € 53,83%
Vallourec Group 16/03/2007 17 169,50 € 211,75 € 24,93%
Rolls-Royce Group 20/04/2007 401 7,47 € 8,57 € 14,73%
Arcandor AG 17/05/2007 113 26,80 € 23,07 € -13,92%
Bt Group 16/06/2007 588 5,03 € 4,78 € -4,97%
Genrale de Sante 20/07/2007 98 30,67 € 28,75 € -6,26%
KCO 27/09/2007 72 48,25 € 37,6 -22,07%
Randstad 17/10/2007 71 42,50 € 42,55 0,12%
Britisch Land Comp 17/10/2007 180 16,66 € 16,65 -0,06%
Total Portfolio 67.631,01 €
Stocks 57.722,19 €
Cash 9.908,82 €
Increase since 01/01/2007



15,83%
58390,45 Euro
Increase since start (18-10-2006)





57335,76 Euro 17,96%

Virtual Portfolio



























































































































































































































































Name Buy date Number Buying price Price 17/10/2007 Difference
GCI management 17/11/2006 320 9,38 € 5,64 € -39,87%
HCI Capital 17/11/2006 216 13,94 € 15,70 € 12,63%
Salzgitter 17/11/2006 36 84,71 € 143,00 € 68,81%
VEM Aktienbank 17/11/2006 546 5,50 € 5,31 € -3,45%
GL Trade GLT 14/12/2006 80 37,50 € 36,46 € -2,77%
Innoconcepts NV 14/12/2006 255 11,79 € 14,73 € 24,94%
BT Group 18/01/2007 636 4,72 € 4,78 € 1,27%
Burren Energy 18/01/2007 271 11,23 € 18,10 € 61,18%
Absolute Capital Manag. Hold. 15/02/2007 432 6,95 € 1,02 € -85,32%
Drax Group PLC 15/03/2007 270 11,11 € 9,76 € -12,15%
Vallourec Group 15/03/2007 18 169,48 € 212,01 € 25,09%
Olympique Lyonnais group 24/04/07 146 20,65 € 19,11 € -7,46%
Arcandor ag 18/05/07 113 26,68 € 23,08 € -13,49%
Antofagasta PLC (ANTO) 15/06/07 321 9,36 € 12,86 € 37,39%
Unibail Holding (UL) 15/06/07 15 204,46 € 177,26 € -13,30%
Glaxo Smith Kline 20/07/07 153 19,66 € 19,42 -1,22%
Liberty International 27/09/07 172 17,68 € 17,18 -2,83%
arques industries 17/11/2006 260 11,57 € 30,84 € 166,55%
Netgem (NTG) 18/10/2007 968 3,10 € 3,11 € 0,32%
Total Virtual Portfolio 67.464,31 €
Cash 4.866,15 €
Stocks 62.598,16 €
Increase since 01/01/2007
59650,21 Euro 13,10%
Increase since start (18-10-2006)
57335,76 Euro 17,67%

Benchmarks



















































B Start 01/01/07 17/10/07 Change Start (18-10-2006) Change 01/01
Euronext 100 942,47 968,55 1044,42 10,82% 7,83%
Dax 6.412,36 6.596,92 7998,2 24,73% 21,24%
FTSE 100 6.155,19 6.310,93 6688,4 8,66% 5,98%
Average 14,74% 11,69%

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