Weekly Financial Disclosure
Time: 11:21 AM, Beijing time
Date: August 15, 2012
Funds of Last Week: 18.473BTC
Number of Total Shares in Circulation: 5000
Assets:
JLP-BMD
Holding: 1569shares 140.896BTC
Dividends Paid: 1.420BTC
YABMC
Holding: 1450shares 176.610BTC
Dividends Paid: 4.877BTC
PIMP
Holding: 1382shares 228.030BTC
Dividends Paid: 4.784BTC
MOVETO.FUND
Holding: 109shares 125.132BTC
Dividends Paid: 0.000BTC
BFLS
Holding: 50shares 100.000BTC
Dividends Paid: 0.926BTC
Cognitive
Holding: 184shares 125.102BTC
Dividends Paid: 0.352BTC
BDT
Holding: 91shares 98.271BTC
Dividends Paid: 2.610BTC
BTC
Holding: 101.374shares 101.374BTC
Holding After Dividends: 86.405BTC
Calculated Dividends: 1.420+4.877+4.784+0.000+0.926+0.352+2.610=14.969BTC
NAV: 140.896+176.610+228.030+125.132+100.000+125.102+98.271+101.374-14.969=1080.446BTC
Weekly NAV Growth: (1080.446-1062.054)/1062.054=1.73%
Topic: μ - Bitcoin Venture Capital (Collecting Shareholders Data) - page 3. (Read 27100 times)
Update
The motion has been passed.
Voted Yea:3515
Voted Nay:0
So from this week, the new dividend structure will be taken.
The motion has been passed.
Voted Yea:3515
Voted Nay:0
So from this week, the new dividend structure will be taken.
So the dividends received will all be passed through as dividends paid, and the changes in value of the holdings will only contribute to growth?
Yes. Hopefully this will have a steadier payment, and therefore a simpler valuation model for investors and traders of MU.
Update
It might be already noticed that we took a very unconventional way of calculating net gains from the start. After much consideration, we decided to use a more traditional approach.
Before: dividends = 35% of net gains (calculated against the average buying price)
NAV = market value of total assets + total BTC funds - dividends
After: dividends = 100% of dividends from total assets
NAV = market value of total assets + total BTC funds - dividends
By this method:
Investors could have more steady weekly payments.
Fund manager could feel more comfortable to do larger bulk of buying and selling without triggering too much investors' concerns.
It might be already noticed that we took a very unconventional way of calculating net gains from the start. After much consideration, we decided to use a more traditional approach.
Before: dividends = 35% of net gains (calculated against the average buying price)
NAV = market value of total assets + total BTC funds - dividends
After: dividends = 100% of dividends from total assets
NAV = market value of total assets + total BTC funds - dividends
By this method:
Investors could have more steady weekly payments.
Fund manager could feel more comfortable to do larger bulk of buying and selling without triggering too much investors' concerns.
So the dividends received will all be passed through as dividends paid, and the changes in value of the holdings will only contribute to growth?
Update
It might be already noticed that we took a very unconventional way of calculating net gains from the start. After much consideration, we decided to use a more traditional approach.
Before: dividends = 35% of net gains (calculated against the average buying price)
NAV = market value of total assets + total BTC funds - dividends
After: dividends = 100% of dividends from total assets
NAV = market value of total assets + total BTC funds - dividends
By this method:
Investors could have more steady weekly payments.
Fund manager could feel more comfortable to do larger bulk of buying and selling without triggering too much investors' concerns.
A motion is raised for the shareholders to approve or disapprove this change of dividend structure. If disapproved, we will return to our original calculation from the next week.
It might be already noticed that we took a very unconventional way of calculating net gains from the start. After much consideration, we decided to use a more traditional approach.
Before: dividends = 35% of net gains (calculated against the average buying price)
NAV = market value of total assets + total BTC funds - dividends
After: dividends = 100% of dividends from total assets
NAV = market value of total assets + total BTC funds - dividends
By this method:
Investors could have more steady weekly payments.
Fund manager could feel more comfortable to do larger bulk of buying and selling without triggering too much investors' concerns.
A motion is raised for the shareholders to approve or disapprove this change of dividend structure. If disapproved, we will return to our original calculation from the next week.
Weekly Financial Disclosure
Time: 10:20 AM, Beijing time
Date: August 8, 2012
Funds of Last Week: -0.657BTC
Number of Total Shares in Circulation: 5000
Assets:
JLP-BMD
Holding: 1569shares 186.711BTC
Dividends Paid: 1.539BTC
YABMC
Holding: 1450shares 179.800BTC
Dividends Paid: 5.012BTC
PIMP
Holding: 1382shares 203.154BTC
Dividends Paid: 4.908BTC
MOVETO.FUND
Holding: 150shares 163.350BTC
Dividends Paid: 0.000BTC
BFLS
Holding: 74shares 81.400BTC
Dividends Paid: 1.408BTC
Cognitive
Holding: 184shares 137.816BTC
Dividends Paid: 0.505BTC
BDT
Holding: 87shares 91.350BTC
Dividends Paid: 2.610BTC
BTC
Holding: 34.455shares 34.455BTC
Holding After Dividends: 18.473BTC
Calculated Dividends: 1.539+5.012+4.908+0.000+1.408+0.505+2.610=15.982BTC
NAV: 186.711+179.800+203.154+163.350+81.400+137.816+91.350+34.455-15.982=1062.054BTC
Weekly NAV Growth: (1062.054-1117.706)/1117.706=-3.97%
Time: 10:20 AM, Beijing time
Date: August 8, 2012
Funds of Last Week: -0.657BTC
Number of Total Shares in Circulation: 5000
Assets:
JLP-BMD
Holding: 1569shares 186.711BTC
Dividends Paid: 1.539BTC
YABMC
Holding: 1450shares 179.800BTC
Dividends Paid: 5.012BTC
PIMP
Holding: 1382shares 203.154BTC
Dividends Paid: 4.908BTC
MOVETO.FUND
Holding: 150shares 163.350BTC
Dividends Paid: 0.000BTC
BFLS
Holding: 74shares 81.400BTC
Dividends Paid: 1.408BTC
Cognitive
Holding: 184shares 137.816BTC
Dividends Paid: 0.505BTC
BDT
Holding: 87shares 91.350BTC
Dividends Paid: 2.610BTC
BTC
Holding: 34.455shares 34.455BTC
Holding After Dividends: 18.473BTC
Calculated Dividends: 1.539+5.012+4.908+0.000+1.408+0.505+2.610=15.982BTC
NAV: 186.711+179.800+203.154+163.350+81.400+137.816+91.350+34.455-15.982=1062.054BTC
Weekly NAV Growth: (1062.054-1117.706)/1117.706=-3.97%
Update
As you could see, the usable funds is temporarily negative. That's because we made our positions heavier therefore the left funds were not enough for the payment of dividends. Currently I covered the difference. You could see this as MU got an interest-free loan of 0.657BTC for a week from myself. Thanks.
As you could see, the usable funds is temporarily negative. That's because we made our positions heavier therefore the left funds were not enough for the payment of dividends. Currently I covered the difference. You could see this as MU got an interest-free loan of 0.657BTC for a week from myself. Thanks.
Weekly Financial Disclosure
Time: 10:38 AM, Beijing time
Date: August 1, 2012
Funds of Last Week: 60.212BTC
Number of Total Shares in Circulation: 5000
Assets:
JLP-BMD
Original: 1569shares 393.819BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.251BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 1569+0-0=1569shares 393.819BTC
Net Gain: 0.000BTC
Dividends Paid: 1.490BTC
YABMC
Original: 1450shares 377.000BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.260BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 1450+0-0=1450shares 377.000BTC
Net Gain: 0.000BTC
Dividends Paid: 5.401BTC
PIMP
Original: 1000shares 198.000BTC
Bought in: 382shares 57.782BTC
Average Holding Price: (198.000+57.782)/(1000+382)=0.185BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 1000+382-0=1382shares 255.782BTC
Net Gain: 0.000BTC
Dividends Paid: 5.223BTC
MOVETO.FUND
Original: 150shares 150.000BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 1.000BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 150+0-0=150shares 150.000BTC
Net Gain: 0.000BTC
Dividends Paid: 0.000BTC
BFLS
Original: 84shares 84.000BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 1.000BTC
Sold: 4shares 4.400BTC
Average Selling Price: 1.100BTC
Holding: 84+0-4=80shares 80.000BTC
Net Gain: (1.100-1.000)*4=0.400BTC
Dividends Paid: 1.526BTC
Cognitive
Original: 203shares 127.890BTCBTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.630BTC
Sold: 15shares 11.850BTC
Average Selling Price: 0.790BTC
Holding: 203+0-15=188shares 118.440BTC
Net Gain: (0.790-0.630)*15=2.400BTC
Dividends Paid: 0.459BTC
BDT
Original: 0shares 0.000BTCBTC
Bought in: 87shares 87.000BTC
Average Holding Price: 1.000BTC
Sold: 0share 0.000BTC
Average Selling Price: N/A
Holding: 0+87-0=87shares 87.000BTC
Net Gain: 0.000BTC
Dividends Paid: 2.610BTC
Holding Funds=
60.212-0.000+0.000+1.490-0.000+0.000+5.401-0.000+0.000+5.223-0.000+0.000+0.000-0.000+4.400+1.526-
0.000+11.850+0.459-87.000+0.000+2.610=6.171BTC
Total Net Gain=
0.000+1.490+0.000+5.401+0.000+5.223+0.000+0.000+0.400+1.526+2.400+0.459+0.000+2.610=19.509BTC
Calculated Dividends: 19.509*35%=6.828BTC
Usable Funds: 6.171-6.828=-0.657BTC
Actual Dividends: 6.828BTC
NAV: -0.657+1569*0.129+1450*0.146+1382*0.195+150*1.138+188*0.769+50*0.650+87*1.000=1117.706BTC
Weekly NAV Growth: (1117.706-1233.619)/1117.706=-10.37%
Time: 10:38 AM, Beijing time
Date: August 1, 2012
Funds of Last Week: 60.212BTC
Number of Total Shares in Circulation: 5000
Assets:
JLP-BMD
Original: 1569shares 393.819BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.251BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 1569+0-0=1569shares 393.819BTC
Net Gain: 0.000BTC
Dividends Paid: 1.490BTC
YABMC
Original: 1450shares 377.000BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.260BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 1450+0-0=1450shares 377.000BTC
Net Gain: 0.000BTC
Dividends Paid: 5.401BTC
PIMP
Original: 1000shares 198.000BTC
Bought in: 382shares 57.782BTC
Average Holding Price: (198.000+57.782)/(1000+382)=0.185BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 1000+382-0=1382shares 255.782BTC
Net Gain: 0.000BTC
Dividends Paid: 5.223BTC
MOVETO.FUND
Original: 150shares 150.000BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 1.000BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 150+0-0=150shares 150.000BTC
Net Gain: 0.000BTC
Dividends Paid: 0.000BTC
BFLS
Original: 84shares 84.000BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 1.000BTC
Sold: 4shares 4.400BTC
Average Selling Price: 1.100BTC
Holding: 84+0-4=80shares 80.000BTC
Net Gain: (1.100-1.000)*4=0.400BTC
Dividends Paid: 1.526BTC
Cognitive
Original: 203shares 127.890BTCBTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.630BTC
Sold: 15shares 11.850BTC
Average Selling Price: 0.790BTC
Holding: 203+0-15=188shares 118.440BTC
Net Gain: (0.790-0.630)*15=2.400BTC
Dividends Paid: 0.459BTC
BDT
Original: 0shares 0.000BTCBTC
Bought in: 87shares 87.000BTC
Average Holding Price: 1.000BTC
Sold: 0share 0.000BTC
Average Selling Price: N/A
Holding: 0+87-0=87shares 87.000BTC
Net Gain: 0.000BTC
Dividends Paid: 2.610BTC
Holding Funds=
60.212-0.000+0.000+1.490-0.000+0.000+5.401-0.000+0.000+5.223-0.000+0.000+0.000-0.000+4.400+1.526-
0.000+11.850+0.459-87.000+0.000+2.610=6.171BTC
Total Net Gain=
0.000+1.490+0.000+5.401+0.000+5.223+0.000+0.000+0.400+1.526+2.400+0.459+0.000+2.610=19.509BTC
Calculated Dividends: 19.509*35%=6.828BTC
Usable Funds: 6.171-6.828=-0.657BTC
Actual Dividends: 6.828BTC
NAV: -0.657+1569*0.129+1450*0.146+1382*0.195+150*1.138+188*0.769+50*0.650+87*1.000=1117.706BTC
Weekly NAV Growth: (1117.706-1233.619)/1117.706=-10.37%
Looks nice. I like how transparent your operations are. I bought a couple shares.
Thanks.
We keep transparency as our first priority. At this moment the only issue is our unconventional calculation method of net gains. We hope we could use a more traditional NAV-based calculation when NAV makes more sense on GLBSE (less spreads, less price swings).
Looks nice. I like how transparent your operations are. I bought a couple shares.
Weekly Financial Disclosure
Time: 10:03 AM, Beijing time
Date: July 25, 2012
Funds of Last Week: 129.288BTC
Number of Total Shares in Circulation: 5000
Assets:
JLP-BMD
Original: 1569shares 393.819BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.251BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 1569+0-0=1569shares 393.819BTC
Net Gain: 0.000BTC
Dividends Paid: 1.440BTC
YABMC
Original: 1450shares 377.000BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.260BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 1450+0-0=1450shares 377.000BTC
Net Gain: 0.000BTC
Dividends Paid: 5.476BTC
PIMP
Original: 1000shares 198.000BTC
Bought in: 382shares 57.782BTC
Average Holding Price: (198.000+57.782)/(1000+382)=0.185BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 1000+382-0=1382shares 255.782BTC
Net Gain: 0.000BTC
Dividends Paid: 5.318BTC
MOVETO.FUND
Original: 150shares 150.000BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 1.000BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 150+0-0=150shares 150.000BTC
Net Gain: 0.000BTC
Dividends Paid: 0.000BTC
BFLS
Original: 59shares 59.000BTC
Bought in: 30shares 30.000BTC
Average Holding Price: (59.000+30.000)/(59+30)=1.000BTC
Sold: 5shares 5.500BTC
Average Selling Price: 1.100BTC
Holding: 59+30-5=84shares 84.000BTC
Net Gain: (1.100-1.000)*5=0.500BTC
Dividends Paid: 1.458BTC
Cognitive
Original: 209shares 131.690BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.630BTC
Sold: 6shares 4.740BTC
Average Selling Price: 0.790BTC
Holding: 209+0-6=203shares 127.890BTC
Net Gain: (0.790-0.630)*6=0.960BTC
Dividends Paid: 0.503BTC
Holding Funds=
129.288-0.000+0.000+1.440-0.000+0.000+5.476-57.782+0.000+5.318-0.000+0.000+0.000-
30.000+5.500+1.458-0.000+4.740+0.503=65.691BTC
Total Net Gain=
0.000+1.440+0.000+5.476+0.000+5.318+0.000+0.000+0.500+1.458+0.960+0.503=15.655BTC
Calculated Dividends: 15.655*35%=5.479BTC
Usable Funds: 65.691-5.479=60.212BTC
Actual Dividends: 5.479BTC
NAV: 65.691+1569*0.159+1450*0.162+1382*0.215+150*1.116+203*0.789+54*1.09=1233.619BTC
Weekly NAV Growth: (1233.619-1151.589)/1151.589=7.123%
Time: 10:03 AM, Beijing time
Date: July 25, 2012
Funds of Last Week: 129.288BTC
Number of Total Shares in Circulation: 5000
Assets:
JLP-BMD
Original: 1569shares 393.819BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.251BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 1569+0-0=1569shares 393.819BTC
Net Gain: 0.000BTC
Dividends Paid: 1.440BTC
YABMC
Original: 1450shares 377.000BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.260BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 1450+0-0=1450shares 377.000BTC
Net Gain: 0.000BTC
Dividends Paid: 5.476BTC
PIMP
Original: 1000shares 198.000BTC
Bought in: 382shares 57.782BTC
Average Holding Price: (198.000+57.782)/(1000+382)=0.185BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 1000+382-0=1382shares 255.782BTC
Net Gain: 0.000BTC
Dividends Paid: 5.318BTC
MOVETO.FUND
Original: 150shares 150.000BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 1.000BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 150+0-0=150shares 150.000BTC
Net Gain: 0.000BTC
Dividends Paid: 0.000BTC
BFLS
Original: 59shares 59.000BTC
Bought in: 30shares 30.000BTC
Average Holding Price: (59.000+30.000)/(59+30)=1.000BTC
Sold: 5shares 5.500BTC
Average Selling Price: 1.100BTC
Holding: 59+30-5=84shares 84.000BTC
Net Gain: (1.100-1.000)*5=0.500BTC
Dividends Paid: 1.458BTC
Cognitive
Original: 209shares 131.690BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.630BTC
Sold: 6shares 4.740BTC
Average Selling Price: 0.790BTC
Holding: 209+0-6=203shares 127.890BTC
Net Gain: (0.790-0.630)*6=0.960BTC
Dividends Paid: 0.503BTC
Holding Funds=
129.288-0.000+0.000+1.440-0.000+0.000+5.476-57.782+0.000+5.318-0.000+0.000+0.000-
30.000+5.500+1.458-0.000+4.740+0.503=65.691BTC
Total Net Gain=
0.000+1.440+0.000+5.476+0.000+5.318+0.000+0.000+0.500+1.458+0.960+0.503=15.655BTC
Calculated Dividends: 15.655*35%=5.479BTC
Usable Funds: 65.691-5.479=60.212BTC
Actual Dividends: 5.479BTC
NAV: 65.691+1569*0.159+1450*0.162+1382*0.215+150*1.116+203*0.789+54*1.09=1233.619BTC
Weekly NAV Growth: (1233.619-1151.589)/1151.589=7.123%
Update
Just for entertainment, have you guys noticed that the price chart of MU is a little similar to that of Bitcoin?
Just for entertainment, have you guys noticed that the price chart of MU is a little similar to that of Bitcoin?
Update
The unexpected sudden huge drop in price of JLP-BMD caused the shrink of NAV. But since the dividends of JLP-BMD is still steady paid out although not very timely, and the issuer also considered his upgrade path to ASIC miners, we believe it's way undervalued at this moment.
The unexpected sudden huge drop in price of JLP-BMD caused the shrink of NAV. But since the dividends of JLP-BMD is still steady paid out although not very timely, and the issuer also considered his upgrade path to ASIC miners, we believe it's way undervalued at this moment.
Weekly Financial Disclosure
Time: 12:28 PM, Beijing time
Date: July 18, 2012
Funds of Last Week: 304.714BTC
Number of Total Shares in Circulation: 5000
Assets:
JLP-BMD
Original: 1569shares 393.819BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.251BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 1569+0-0=1569shares 393.819BTC
Net Gain: 0.000BTC
Dividends Paid: 2.185BTC
YABMC
Original: 1505shares 390.925BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.260BTC
Sold: 55shares 9.471BTC
Average Selling Price: 0.172BTC
Holding: 1505+0-55=1450shares 377.000BTC
Net Gain: (0.172-0.260)*55=-4.840BTC
Dividends Paid: 5.829BTC
PIMP
Original: 1219shares 241.362BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.198BTC
Sold: 219shares 51.465BTC
Average Selling Price: 0.235BTC
Holding: 1219+0-219=1000shares 198.000BTC
Net Gain: (0.235-0.198)*219=8.103BTC
Dividends Paid: 4.021BTC
MOVETO.FUND
Original: 150shares 150.000BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 1.000BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 150+0-0=150shares 150.000BTC
Net Gain: 0.000BTC
Dividends Paid: 0.000BTC
BFLS
Original: 0shares 0.000BTC
Bought in: 80shares 80.000BTC
Average Holding Price: 1.000BTC
Sold: 21shares 23.100BTC
Average Selling Price: 1.100BTC
Holding: 80+0-21=59shares 59.000BTC
Net Gain: (1.100-1.000)*21=2.100BTC
Dividends Paid: 1.439BTC
Cognitive
Original: 0shares 0.000BTC
Bought in: 209shares 131.690BTC
Average Holding Price: 0.630BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 209+0-0=209shares 131.690BTC
Net Gain: 0.000BTC
Dividends Paid: 1.281BTC
Holding Funds=
304.714-0.000+0.000+2.185-0.000+9.471+5.829-0.000+0.000+0.000-80.000+23.100+1.439-131.690+0.000+1.281=136.329BTC
Total Net Gain=
0.000+2.185-4.840+5.829+8.103+4.021+0.000+0.000+2.100+1.439+0.000+1.281=20.118BTC
Calculated Dividends: 20.118*35%=7.041BTC
Usable Funds: 136.329-7.041=129.288BTC
Actual Dividends: 7.041BTC
NAV: 129.288+1569*0.129+1450*0.172+1000*0.244+150*1.055+209*0.774+59*1.099=1151.589BTC
Weekly NAV Growth: (1151.589-1291.644)/1291.644=-10.843%
Time: 12:28 PM, Beijing time
Date: July 18, 2012
Funds of Last Week: 304.714BTC
Number of Total Shares in Circulation: 5000
Assets:
JLP-BMD
Original: 1569shares 393.819BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.251BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 1569+0-0=1569shares 393.819BTC
Net Gain: 0.000BTC
Dividends Paid: 2.185BTC
YABMC
Original: 1505shares 390.925BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.260BTC
Sold: 55shares 9.471BTC
Average Selling Price: 0.172BTC
Holding: 1505+0-55=1450shares 377.000BTC
Net Gain: (0.172-0.260)*55=-4.840BTC
Dividends Paid: 5.829BTC
PIMP
Original: 1219shares 241.362BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.198BTC
Sold: 219shares 51.465BTC
Average Selling Price: 0.235BTC
Holding: 1219+0-219=1000shares 198.000BTC
Net Gain: (0.235-0.198)*219=8.103BTC
Dividends Paid: 4.021BTC
MOVETO.FUND
Original: 150shares 150.000BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 1.000BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 150+0-0=150shares 150.000BTC
Net Gain: 0.000BTC
Dividends Paid: 0.000BTC
BFLS
Original: 0shares 0.000BTC
Bought in: 80shares 80.000BTC
Average Holding Price: 1.000BTC
Sold: 21shares 23.100BTC
Average Selling Price: 1.100BTC
Holding: 80+0-21=59shares 59.000BTC
Net Gain: (1.100-1.000)*21=2.100BTC
Dividends Paid: 1.439BTC
Cognitive
Original: 0shares 0.000BTC
Bought in: 209shares 131.690BTC
Average Holding Price: 0.630BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 209+0-0=209shares 131.690BTC
Net Gain: 0.000BTC
Dividends Paid: 1.281BTC
Holding Funds=
304.714-0.000+0.000+2.185-0.000+9.471+5.829-0.000+0.000+0.000-80.000+23.100+1.439-131.690+0.000+1.281=136.329BTC
Total Net Gain=
0.000+2.185-4.840+5.829+8.103+4.021+0.000+0.000+2.100+1.439+0.000+1.281=20.118BTC
Calculated Dividends: 20.118*35%=7.041BTC
Usable Funds: 136.329-7.041=129.288BTC
Actual Dividends: 7.041BTC
NAV: 129.288+1569*0.129+1450*0.172+1000*0.244+150*1.055+209*0.774+59*1.099=1151.589BTC
Weekly NAV Growth: (1151.589-1291.644)/1291.644=-10.843%
The dividends were much improved this week
Thanks. It is the nature of long-only funds -- bull market makes it perform better.
The dividends were much improved this week
Weekly Financial Disclosure
Time: 10:07 PM, Beijing time
Date: July 11, 2012
Funds of Last Week: 41.998BTC
Number of Total Shares in Circulation: 5000
Assets:
JLP-BMD
Original: 1569shares 393.819BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.251BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 1569+0-0=1569shares 393.819BTC
Net Gain: 0.000BTC
Dividends Paid: 1.607BTC
YABMC
Original: 1505shares 390.925BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.260BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 1505+0-0=1505shares 390.925BTC
Net Gain: 0.000BTC
Dividends Paid: 6.062BTC
PIMP
Original: 2296shares 453.876BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.198BTC
Sold: 1077shares 243.531BTC
Average Selling Price: 0.226BTC
Holding: 2296+0-1077=1219shares 241.362BTC
Net Gain: (0.226-0.198)*1077=30.156BTC
Dividends Paid: 7.335BTC
MOVETO.FUND
Original: 150shares 150.000BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 1.000BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 150+0-0=150shares 150.000BTC
Net Gain: 0.000BTC
Dividends Paid: 0.000BTC
GIGAMINING
Original: 0shares 0.000BTC
Bought in: 220shares 216.750BTC
Average Holding Price: 0.985BTC
Sold: 220shares 247.500BTC
Average Selling Price: 1.125BTC
Holding: 220+0-220=0shares 0.000BTC
Net Gain: 247.500-216.750=30.750BTC
Dividends Paid: 0.000BTC
Holding Funds=
41.998-0.000+0.000+1.607-0.000+0.000+6.062-0.000+243.531+7.335-0.000+0.000+0.000-216.750+247.500+0.000=331.283BTC
Total Net Gain=
0.000+1.607+0.000+6.062+30.156+7.335+0.000+0.000+30.750+0.000=75.910BTC
Calculated Dividends: 75.910*35%=26.569BTC
Usable Funds: 331.283-26.569=304.714BTC
Actual Dividends: 26.569BTC
NAV: 304.714+1569*0.190+1505*0.169+1219*0.225+150*1.068=1291.644BTC
Weekly NAV Growth: (1291.644-1190.903)/1190.903=8.459%
Time: 10:07 PM, Beijing time
Date: July 11, 2012
Funds of Last Week: 41.998BTC
Number of Total Shares in Circulation: 5000
Assets:
JLP-BMD
Original: 1569shares 393.819BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.251BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 1569+0-0=1569shares 393.819BTC
Net Gain: 0.000BTC
Dividends Paid: 1.607BTC
YABMC
Original: 1505shares 390.925BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.260BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 1505+0-0=1505shares 390.925BTC
Net Gain: 0.000BTC
Dividends Paid: 6.062BTC
PIMP
Original: 2296shares 453.876BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.198BTC
Sold: 1077shares 243.531BTC
Average Selling Price: 0.226BTC
Holding: 2296+0-1077=1219shares 241.362BTC
Net Gain: (0.226-0.198)*1077=30.156BTC
Dividends Paid: 7.335BTC
MOVETO.FUND
Original: 150shares 150.000BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 1.000BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 150+0-0=150shares 150.000BTC
Net Gain: 0.000BTC
Dividends Paid: 0.000BTC
GIGAMINING
Original: 0shares 0.000BTC
Bought in: 220shares 216.750BTC
Average Holding Price: 0.985BTC
Sold: 220shares 247.500BTC
Average Selling Price: 1.125BTC
Holding: 220+0-220=0shares 0.000BTC
Net Gain: 247.500-216.750=30.750BTC
Dividends Paid: 0.000BTC
Holding Funds=
41.998-0.000+0.000+1.607-0.000+0.000+6.062-0.000+243.531+7.335-0.000+0.000+0.000-216.750+247.500+0.000=331.283BTC
Total Net Gain=
0.000+1.607+0.000+6.062+30.156+7.335+0.000+0.000+30.750+0.000=75.910BTC
Calculated Dividends: 75.910*35%=26.569BTC
Usable Funds: 331.283-26.569=304.714BTC
Actual Dividends: 26.569BTC
NAV: 304.714+1569*0.190+1505*0.169+1219*0.225+150*1.068=1291.644BTC
Weekly NAV Growth: (1291.644-1190.903)/1190.903=8.459%
The mining bonds have really taken a dive lately. I like only the shares where you get a piece of the company or underlying asset like cognitive.
Indeed. Graduate switching to "growth" assets from "value" ones is our mid- to long-term picture.
The mining bonds have really taken a dive lately. I like only the shares where you get a piece of the company or underlying asset like cognitive.
Weekly Financial Disclosure
Time: 10:44 PM, Beijing time
Date: July 4, 2012
Funds of Last Week: 301.922BTC
Number of Total Shares in Circulation: 5000
Assets:
JLP-BMD
Original: 1569shares 393.819BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.251BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 1569+0-0=1569shares 393.819BTC
Net Gain: 0.000BTC
Dividends Paid: 0.000BTC
YABMC
Original: 1505shares 390.925BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.260BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 1505+0-0=1505shares 390.925BTC
Net Gain: 0.000BTC
Dividends Paid: 6.137BTC
PIMP
Original: 796shares 183.876BTC
Bought in: 1500shares 270.000BTC
Average Holding Price: (183.876+270.000)/(796+1500)=0.198BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 796+1500-0=2296shares 453.876BTC
Net Gain: 0.000BTC
Dividends Paid: 9.364BTC
MOVETO.FUND
Original: 150shares 150.000BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 1.000BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 150+0-0=150shares 150.000BTC
Net Gain: 0.000BTC
Dividends Paid: 0.000BTC
Holding Funds=
301.922-0.000+0.000+0.000-0.000+0.000+6.137-270.000+0.000+9.364-0.000+0.000+0.000=47.423BTC
Total Net Gain=
0.000+0.000+0.000+6.137+0.000+9.364+0.000+0.000=15.501BTC
Calculated Dividends: 15.501*35%=5.425BTC
Usable Funds: 47.423-5.425=41.998BTC
Actual Dividends: 5.425BTC
NAV: 41.998+1569*0.185+1505*0.180+2296*0.190+150*1.010=1190.903
Weekly NAV Growth: (1190.903-1183.559)/1183.559=0.621%
Time: 10:44 PM, Beijing time
Date: July 4, 2012
Funds of Last Week: 301.922BTC
Number of Total Shares in Circulation: 5000
Assets:
JLP-BMD
Original: 1569shares 393.819BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.251BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 1569+0-0=1569shares 393.819BTC
Net Gain: 0.000BTC
Dividends Paid: 0.000BTC
YABMC
Original: 1505shares 390.925BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.260BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 1505+0-0=1505shares 390.925BTC
Net Gain: 0.000BTC
Dividends Paid: 6.137BTC
PIMP
Original: 796shares 183.876BTC
Bought in: 1500shares 270.000BTC
Average Holding Price: (183.876+270.000)/(796+1500)=0.198BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 796+1500-0=2296shares 453.876BTC
Net Gain: 0.000BTC
Dividends Paid: 9.364BTC
MOVETO.FUND
Original: 150shares 150.000BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 1.000BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 150+0-0=150shares 150.000BTC
Net Gain: 0.000BTC
Dividends Paid: 0.000BTC
Holding Funds=
301.922-0.000+0.000+0.000-0.000+0.000+6.137-270.000+0.000+9.364-0.000+0.000+0.000=47.423BTC
Total Net Gain=
0.000+0.000+0.000+6.137+0.000+9.364+0.000+0.000=15.501BTC
Calculated Dividends: 15.501*35%=5.425BTC
Usable Funds: 47.423-5.425=41.998BTC
Actual Dividends: 5.425BTC
NAV: 41.998+1569*0.185+1505*0.180+2296*0.190+150*1.010=1190.903
Weekly NAV Growth: (1190.903-1183.559)/1183.559=0.621%
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