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I to had to look again when the spreadsheet came up with the above figures. This is even after writing off my total investment in Vocalis! What a difference a week makes. The figures page has been updated.

I have not been following the unfolding events at either Vocalis - VOC or Ffastfill - FFA because of the situation surrounding our new baby daughter, but it was a welcome surprise I can tell you. It's not often you can go to hell and back on a daily basis and find that while that was going on, the outside world has actually been kind to you.

Where to begin? Vocalis I think.

This time last week I made the decision to put the VOC debacle behind me. It's no good ignoring the obvious when it's shouting at you from two inches away. I made an error on a scale that would have killed off my entire portfolio a few years back. I have no excuse. I got greedy when someone I thought was in a position to shed light on the market and technology that VOC were in, turned out to be, how can I say this, rather economical with the truth on their research. I crunched the numbers, checked the details that backed up the research and piled in on a massive scale. My total buying spree netted a total of 3,800,000 shares. It's hardly surprising that I could accumulate such a holding in the time frame that I did, when intelligent investors were happy to unload this dodo.

What is to happen? The company announced this week that they were "progressing well" in their attempts to secure a way out of the mess. What this means is anyone's guess. A look through previous announcements by the management of this beleaguered company is hardly a heartening exercise. They have consistently missed any prediction on orders or revenue, so why we should suddenly feel that they have got to grips with the problem now, is not really a realistic proposition. The options could include a massive dilution, a trade sale, a new partner, a mass redundancy or a ritual burning of the MD. Who knows? What I do know is that the shares were suspended at 1.125p and I take the view that this should be taken as the "high-point" from where they will slump from once they are re-listed.

Experience from being lucky enough to only have to watch this type of crucifixion tells me not expect a "five loaves and two fishes" happening here. It's all very negative and I will definitely learn from this disaster, please do the same...

Ffastfill has been on a roll this week to put it mildly. The share price has been hitting levels unseen for years and looks like there is enough momentum to take it even higher. As I said earlier, I have been out of the frame so am unable to shed any light as to what's behind this jump. The company has the support of it's shareholders and major customer with others joining the fray. Looking through the bulletin board postings on one of the financial sites, it would appear that there is growing acceptance that FFA are not the basket case once derided and in fact are being taken seriously. Whatever next!

I will repeat my own view. The company has a cracking MD, a balanced board, an offering to the market that is second to none and a team of people who are now motivated and gunning for success. I am confident that the company will be able to secure a larger customer base and that the revenue predictions will be met in the short term and exceeded in the long.

The rest of the Chuffy portfolio is still bobbing along, what's left of it! I will be taking the axe to some "off balance sheet" holdings in the next two months to cover my involvement in the FFA share placement. I didn't really want this money to go through the Chuffy portfolio as it will distort the value and performance. But as it will appear as an official announcement, I can't really ignore it. I am pointing this out now as when it happens I don't want to be accused of fiddling the figures to make the return or valuation better than reality.

Now that there appears to be so much going on with certain holdings, I will update again before the scheduled one if anything of any significance creeps onto the radar.

If you have written to me using the form on the contact & faq page but have not received a reply please resend me your email address.

Chuffy is the name of my investment portfolio which I started in 1980 with £250. This site is for anyone who wants to watch this investor run a portfolio of various investments and hopefully increase its value. I will update the value on a weekly basis including sales or purchases. Also, I will keep this site up to date with any changes in my investment and portfolio management techniques. 

I am not a Professional investor or a Day Trader, I hold down a normal job and run my investments in my free time.

Disclaimer

The contents of this site reflect my own personal views/opinions only and should at no time be considered investment advice. The site operator can accept no responsibility for any losses incurred by visitors who act on articles posted on the site.

The increase in value so far, I believe, is due to my almost obsession with saving and investing, constant researching and a large amount of patience.

The purpose of this site is to show that you do not need to start with a large amount of capital or be an Einstein to enter the world of investing. My aim is to detail the investment strategy I use which has evolved and is still evolving through my experience of the Stock Market. The way Chuffy is managed is not perfect and visitors may feel luck more than judgment has been at work here. I will look forward to your comments.

Please have a look around and make up your own mind.

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