As a result of the severe weather this week, the Moonlight and Mistletoe Dance due to take place on Thursday evening has been postponed.

The Dance has been rescheduled for next week:  Thursday 9 December 7-10 pm.

Our fantastic day out was to the Stock Market Challenge at the University of Edinburgh on Thursday 18 November 2010. There were 27 teams from Edinburgh and the Lothians. Our team members were: Louis Luke (3G3), Bethany Quirk (3L2), Gemma Robertson (3G1), Kerri Scambler (3L1) and Robbie Watson (3G1). We were the team that were picked from the S3 Business Management classes, after a competition using the classroom version of the Challenge.

In the Stock Market Challenge there were 5 days (25 minutes in real time) where we had to compete to earn the most money from our investments. Every team started out with £13,400 worth of different shares and euros. The teams were made up of 5 roles: the Finance Manager, the Investment Analyst, the Media Analyst, the Floor Trader Buyer and the Floor Trader Seller. When we were buying and selling we had to buy when the price was low and sell when the price was high. We bought 40,000 shares of Sago (a company) at £500 and sold them when they were high. At the end of all 5 days we doubled our money and made an overall of £80,300, and came 5th out of all 27 schools.

We all enjoyed the challenge. The skills that we demonstrated were teamwork, taking risks, communication and decision making. We look forward to continuing to use the classroom version of the Stock Market Challenge throughout our Standard Grade Business Management course.

Show your SPOTS!

Lots of cakes and traybakes will be on sale on Friday 19 November in the foyer (beside the trophy cabinets) to help raise funds for Children in Need.

There will also be a “Guess the weight of the Pudsey Cake”

Knox Academy marked Armistice Day with a virtual assembly and 2 minute silence in classes around the school.

The presentation viewed by pupils and staff during the silence can be downloaded below...

On Monday 1 November, on what could only be described as a foul night, 4 Young Entrepreneurs, travelled to Forrester High School in Edinburgh.  A Young Enterprise Scotland (YES) training evening (organised by Lothian YES) was held there which was far more pleasant than the weather outside!

Part of the Young Enterprise programme involves attending training evenings.  This training evening was for the Christmas Fayre which is held in Edinburgh at the Apex International Hotel, The Grassmarket, on Saturday 4 December 2010, 10 am – 3 pm, COME ALONG!

The training session was designed to give us the skills necessary to confidently sell products, to ensure that our table design is appealing and stands out from the crowd, but most importantly, to teach us organisational skills so that we have the best chance of success on the day.

The highlight of the night, however, was not the formal training, it was meeting the entrepreneur Peter Mclean.  Peter is Managing Director of the ‘Foodie Company Ltd’. He gave us invaluable advice on how to start up our own successful business.  Speaking to him after the event, we learned how to market our product, how to negotiate with suppliers and how to effectively price products.  (Peter started his company three years ago and now has a café in Edinburgh and is big competition to us in the Hamper side of our business.)

Overall, the night was a great success; a big thanks to Mr Dempster for taking us!

Further details on our products will follow...

Campbell Hastings (Managing Director)
Pride of East Lothian