Financial Report

Investment Decision

Any investment decision is a rational choice that involves the valuation of risk and the return trade-offs. The secret to a good stock decision is having all the information about the company. Therefore, in the investment assignment, we did a thorough background check of the companies to identify their performance indicators, earnings, stability, price-to-earnings ratio, and market trends. These factors guided our timing for either buying or selling their stocks. Another significant pointer was majoring on a mix of investments with returns that rise and drop differently within the market conditions to cushion against significant losses. As it is the norm in any business venture, we looked to survive and make profits, and this was the running slogan all along.

Below are the investment decision and the reasons for each:

 

SYMBOL TRANSACTIONS TIME QUANTITY PRICE COMM ACC AMOUNT EXP AMMOUNT PROFIT LOSS
MU SELL 10:55AM

APRIL 7TH

20 $93.68 $10.0 $1873.60 $1673.60 $200  
ACY SELL 9:38AM

4/6TH

350 $14.86 $10.0 $5201.00 $1701 $3500  
F SELL 9:32AM

4/6TH

8 $12.68 $10.0 $101.4 $21.4 $80  
DAC SELL 9:32AM

4/6TH

100 $53.03 $10.0 $5303.00 $4303.00 $1000  
AMZN SELL 9:32AM

4/6TH

3 $3221.78 $10.0 $9665.34 $9635.34 $30  
MU BUY 9:40AM

4/5

20 $93.77 $10.0 $1875.40 $1675.40 $200  
AMRA SELL 9:37

4/5TH

165 $105.35 $10.0 $17,382.75 $15732.75 $1650  
ACY BUY 9:33AM

4/5TH

350 $9.40 $10.0 $3290.00 $(210) $3500  
DAC BUY 03:51PM

3/31

100 $49.48 $10.0 $4948.00 $3948 $1000  
ADBE SELL 11:09AM

3/31/21

24 $478.09 $10.0 $11,474.16 $11234.16 $240  
TSLA SELL 11:08AM

3/31/21

30 $657.80 $10.0 $19734.00 $19434.00 $300  
MCD SELL 9:33AM

3/22

3 $223.00 $10.0 $669.00 $639.00 $30  
WMT SELL 9:33AM

3/15

3 $134.52 $10.0 $403.56 $473.56 $30  
C SELL 9:33AM

3/15

7 $75.26 $10.0 $526.82 $456.82 $70  
MCD BUY 02:38PM

3/10

3 $211.86 $10.0 $635.58 $605.58 $30  
F BUY 02:38PM

3/10

8 $12.95 $10 $103.60 $23.60 $80  
WMT BUY 02:37

3/10

3 $132.68 $10.0 $398.04 $368.04 $30  
C BUY 02:36

3/10

7 $73.59 $10.0 $515.13 $445.13 $70  
                   
Total           $84,100.38

 

 

$72160.38

 

$12040  

 

 

 

 

C-BUY- 3/10/21

Coinbase provided a wonderful financial performance in Q1 of the financial year. There was a growth in both revenue and income compared to the fourth quarter of the year 2020. It, therefore, provided an opportunity for the growth of the stocks.

WMT-BUY-03/10/2021

Walmart shares were on a steady rising trend since March 3 after a large fall at the end of February (Walmart Inc (WMT: NYSE) Stock Price & News – Google Finance, 2021). It, therefore, offered good prospects for s stock that would bring good income if the trend kept true.

F-BUY-3/10/2021

FTSE offered a prospective stock because it has maintained a good balance since November 2019 (FTSE 100 Index Price, Real-time Quote & News – Google Finance, 2021). With such a trend, it would mean that while the prospects of a profit won’t be high, also that of a loss wouldn’t be high.

MCD-BUY-3/10/2021

MacDonald’s corporation launched its new product Crispy Chicken sandwich, in late February, which has ensured a spike in sales growth, and therefore the stock performance was incredible (Graham, 2021).

C-SELL-3/15/2021

The value of the cryptocurrency in the world and was a risk factor for me. We, therefore, saw it fit to sell the stock while still early. It also came with a gain of $70.

WMT-SELL-3/15/2021

After March 12, the stock price of Walmart started to plunge exponentially before the disbursement of dividends on March 18 (Walmart Inc. (WMT) Stock Historical Prices & Data – Yahoo Finance. (n.d.).) Our stock was low and wouldn’t fetch much with the dividends percentages; therefore, we sold it to profit through the discount.

MCD-SELL-3/22/2021

MacDonald’s stock price had increased from 211,86 when I had purchased it on 3/10/2021 to 223. 00 on 3/22/2021. The increase meant that selling it would fetch a substantial profit, and with the addition of the bonus, still retain the account value.

TSLA-SELL-3/31/2021

Tesla Inc stock had dipped significantly in February and March; it was therefore not a good investment. When it took a rising trend as from March 29, it was good to sell it and gain the $300 profit.

ADBE-SELL-3/31/2021

Adobe Inc stock has been unstable and had dipped to 420 on March 8. By March 31, it had improved its price and was due for sale to profit from as much as $240. Selling it would secure the profit before the prices plunged again.

DAC-BUY-3/31/2021

Any business venture aims at making a maximum profit while reducing the expenditure costs. Selling the Danaos stock would be a good decision because it would fetch a $1000 profit based on the commissions.

ACY-BUY-4/5/2021

Aerocenrtury stock price had dropped to an all-year low of $3.85 on March 30.  What followed is a great spike in the new month. The great price increase to $9.85 was the best place to sell the stock because the company has poor performance (AeroCentury Corp. (ACY: NYSEAMERICAN) Stock Price & News – Google Finance. (n.d)

AMRA-SELL-4/5/2021

The performance of AMRA had been deteriorating, and I needed to decrease its share capital to $17,382 but still secure a disposal gain. The decision would secure this capital from higher magnitude loss.

MU-BUY-4/5/2021

Micron Technology stock has had a wonderful performance with a price increase from $50.34 in November 2020 to $93.75 on April 5 ( Micron Technology, Inc. (MU: NASDAQ) Stock Price & News – Google Finance. (n.d). The prediction is that the performance will maintain; I, therefore, bought their stock to secure a profit in the future.

AMZN-SELL-4/6/2021

Amazon stock has had a good performance since March 30. As of April 6, the new piece provided a good profit margin, and therefore I sold it to get a profit.

DAC-SELL-4/6/2021

Selling the Danaos Corporation stock would fetch a good profit because of its $4 price increase and the margin profit ($1000) that it would also fetch. I, therefore, sold it for the profits.

F-SELL-4/6/2021

The performance of FTSE in April has been poor, something that translated into their stock price. I sold the stock at a loss of $0.17 before the price dipped further. The sale also came with a margin profit of $80 from the commission.

ACY-SELL-04/6/2021

The price of ACY had improved from $9.40 in the initial purchase to $14.86. It, therefore, translated to a profit of $1911 over the period in addition to that of $3500 in terms of commission.

MU-SELL -04/7/2021

Micron Technology has not yet been able to beat its all-time high share price of $97.50. In April, it came close to, but the management accredited this to the chip shortage in the world (Datta& Nellis, 2021). After the chip shortage, the price would reduce. I, therefore, sold the stock because it would take an inevitable dip.

 

 

 

  1. Comprehensive profit and loss account
Sales   $72,334.63
Purchases $11,765.75  
    $60,568
     
Gain on Sales   $7200
MU $200  
ACY $3500  
F $80  
DAC $1000  
AMZN $30  
AMRA $1650  
ADBE $240  
TSLA $300  
MCD $30  
WMT $30  
C $70  
     
Gain on Purchases   $4840
MU $200  
ACY $3500  
DAC $1000  
MCD $30  
F $80  
WMT $30  
C$70    
     
Total Profit   $72,608
     

 

 

Reference

 

AeroCentury Corp. (ACY: NYSEAMERICAN) Stock Price & News – Google Finance. (n.d.). Www.google.com. Retrieved April 25, 2021, from https://www.google.com/finance/quote/ACY:NYSEAMERICAN?window=6M

Datta, N., & Nellis, S.. (2021, March 31). Micron outlook beats expectations as memory chip prices rise. Reuters. https://www.reuters.com/article/us-micron-tech-results-idUSKBN2BN39F

FTSE 100 Index Price, Real-time Quote & News – Google Finance. (2021). Www.google.com. https://www.google.com/finance/quote/UKX:INDEXFTSE

Graham, J. (2021, January 4). McDonald’s will launch three chicken sandwiches next month as it doubles down on chicken. CNBC. https://www.cnbc.com/2021/01/04/mcdonalds-will-launch-3-chicken-sandwiches-on-feb-24.html

Micron Technology, Inc. (MU: NASDAQ) Stock Price & News – Google Finance. (n.d.). Www.google.com. Retrieved April 25, 2021, from https://www.google.com/finance/quote/MU:NASDAQ?window=6M

Walmart Inc (WMT: NYSE) Stock Price & News – Google Finance. (2021). Www.google.com. https://www.google.com/finance/quote/WMT:NYSE

Walmart Inc. (WMT) Stock Historical Prices & Data – Yahoo Finance. (n.d.). Finance.yahoo.com. Retrieved April 25, 2021, from https://finance.yahoo.com/quote/wmt/history/

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