Week 536 Review - A great week demoted to a good week after Friday slump.

This was looking like a really great week until Friday, when everything went red. Fortunately the gains made at the start of the week were enough to keep most things in the black, so the deficit between cost and value narrowed by £2,044 to £145,588 and the deficit between injection and value narrowed to £65,063. Total portfolio value increased to £114,505.

Biggest loser was TLOU:Tlou Energy which dropped 10%, but that's just the normal weekly movement for this share.

IES:Invinity Energy dropped 5% for no obvious reason.

That's it for the bad news. OPTI:Optibiotix, PBX:Probiotix Health and JLP:Jubilee Metals were all flat, so it was a great performance by the rest of the portfolio to improve value by £2k.

GAW:Games Workshop went up 5% after analysts raised their guidance. These are now 73% up and making £746 potential profit.

KNOS:Kainos Group also went up 5% and are now 7% up and making £83 potential profit.

TRU:Trufin is one of my newest investments in the ISA, and using the new ISA magic formula. They climbed 9% and are 2% up and making £19 potential profit.

AFC:AFC Energy recovered 10% of their losses and are now down by 38%. There seemed no reason for the increase.

AMRQ:Amaroq went up 11% after positive exploration results and both my holdings are in profit, with the ISA holding up 10% and making £103 potential profit.

PAF:Pan African Resources zoomed up 12% and are now up by a spectacular 213% and making £5,072 potential profit.

AMP:Ampeak Energy went up 14% for no obvious reason, but are still down by 64%.

FDM:FDM Group went up 17% after a positive trading statement, but they are still 55% down after plummeting over the last few months. As I wouldn't have bought these under my new positive momentum rule, I won't be averaging down.

Share of the Week is FOUR:4imprint which climbed an impressive 18% after stating revenues would be ahead of consensus. Fortunately I considered the drop way over-done and have been buying every month and averaging down, so my holding is now only down by 8% rather than the 50% it dropped a few months ago.

Here's the ISA and shares portfolio after week 16 of year 11.

			Weekly Change
Cash	£90.85		-£4.06
Portfolio cost	£116,758.09		+£0
Portfolio sell value (bid price-commission)	£36,137.72	(-69.0%)	+£125.87
Potential profits	£171.83		+£77.88
Yr 11 Dividends	£25.32		+£0
Yr 11 Interest	£0.74		+£0
Yr 11 Profit from sales	£487.56		+£0
Yr 11 proj avg monthly profit	£130.50	(1.8%)	-£9.87
Total Dividends	£12,513.39		+£0
Total Interest	£9.31		+£0
Total Profit from sales	£18,047.83		+£0
Average monthly cash profit	£242.32	(3.3%)	-£0.48
(Sold stocks profit + Dividends - Fees / Months)

As all my main ISA holdings stayed flat, there was only a small £125 rise in value. The best news was potential profits rising by £77 as AMRQ:Amaroq went back into profit and TRU:Trufin also went into profit. Unfortunately BOKU:Boku dropped 4% and erased a lot of the gains. They are only up by 5% now which is a bit concerning.

It's been flat for a while with my main holdings being unchanged for the last 2 weeks.

On the trend line now, can we get above it?

The SIPP looks like this after week 520 overall and week 52 of year 10.

			Weekly Change
Cash	£1,027.28		-£454.90
Portfolio cost	£142,217.38		+£472.06
Portfolio sell value (bid price - commission)	£77,249.75	(-45.7%)	+£1,918.53
Potential profits	£7,828.49		+£957.84
Yr 10 Dividends	£2,103.55		+£20.58
Yr 10 Interest	£7.80		+£0
Yr 10 Profit from sales	£7,658.57		+£0
Yr 10 proj avg monthly profit	£794.16	(10.3%)	-£14.12
Total Dividends	£18,220.20		+£20.58
Total Interest	£20.70		+£0
Total Profit from sales	£24,666.51		+£0
Average monthly cash profit	£344.05	(4.5%)	-£0.52

It's the end of Year 10 and I managed 10.3% profit on sales and dividends, which is above my 10% target. Long term performance is way down at 4.5% so lots of work to do to get that up. Year 9 achieved 9.4% and long term performance then was also 4.5%, so it goes to show how difficult it is to get that figure up when the portfolio value keeps growing. The fact it took 10% just to stay still makes me wonder if I'll ever get it higher. 

The portfolio value at the end of Year 9 was £61,100 so we're up £16k. However portfolio cost was £119,221 and it's now £23k higher, so I'm actually £7k worse off in terms of value despite doing well on profits. Potential profits have increased from £4,874 to £7,828 which is only £3k.

Potential profits this week soared an amazing £957 thanks to many of my in-profit shares having big gains, and I had a £20 dividend from FDM:FDM Group.

I had my monthly investments this week. I had cancelled the BEZ:Beazley investment because they had caught up and I'd rather use it to average down.

My first investment was FOUR:4imprint where I bought 7 shares at 3313.5586p costing £234.61. By the end of the week they were at 3825p, which was nice. I have achieved my goal of averaging down the price and doubling my holdings, so I won't buy any more of these and will switch to SCT:Softcat next month, as that's dropped by 12% and it shouldn't have.

The other investment was in RAT:Rathbones where I bought 13 shares at 1806p costing £237.45. Unfortunately on Friday they dropped to 1784p. I'll buy these for another 2 months to get above £1,000.

I just can't seem to close that gap to the injection line.

Just sneaking above the trend line

The trend line appears to be catching up. I'm in danger of dipping below it soon.

It's taking all my willpower to resist top slicing a few more PAF:Pan African Resources. I know holding long term is a much better strategy, but I only need to sell 1,100 to liberate £1,000 and that would still leave me with 6,700. The problem is it goes ex-dividend in a few weeks and I want as big a dividend as possible, so will restrain myself.

The share price of III:3i Group plummeted this week, which justifies my feeling they had got ahead of themselves when I sold. I'll keep an eye on them to see if a buying opportunity presents, but they are still way above their NAV and still have 70% of their portfolio in one stock, so I'll avoid for now.

Both JLP:Jubilee Metals and OPTI:Optibiotix have been flat for 2 weeks now. JLP dropped but then recovered, whereas OPTI hasn't budged. I think potential investors are waiting for news. A Roan copper production report from JLP and an update on 2nd gen products from OPTI are both anticipated and will drive a movement, but in which direction?

Week 535 Review - Sold Ceres Power 2 days before news that would have doubled my profit.

What a depressing week. It started off reasonably well, but then got worse and worse until nearly everything was losing money, and I completely cocked up selling CWR:Ceres Power 2 days too soon. The deficit between cost and value widened by £1,783 to the worst ever £147,632. The deficit between injection and value widened to £67.121 and total portfolio value dropped to £112,448.

Worst performer was ASHM:Ashmore Group dropping 11%, but a big chunk of that was going ex-dividend.

Next worst was SCT:Softcat, but that also went ex-dividend this week and dropped 8%.

My newest share, purchased with proceeds from selling CWR:Ceres Power is TRU:Trufin, and while CWR shot upwards, TRU dropped 6% as soon as I bought them.

UKW:Greencoat UK Wind also slipped 6% as they remain out of favour.

YU.:Yu Group also dropped 6% this week for no obvious reason.

BOKU:Boku, IES:Invinity Energy, N91:Ninety One, RIO:Rio Tinto and SBRE:Sabre Insurance all dropped 5%.

The only share that rose by 5% or more is AMP:Ampeak Energy, climbing 9%. I'm very reluctant to award this dog Share of the Week, but I have worse performers so I suppose I should.

Here's the ISA and shares portfolio after week 15 of year 11.

			Weekly Change
Cash	£94.91		-£4.07
Portfolio cost	£116,758.09		+£549.79
Portfolio sell value (bid price-commission)	£36,011.85	(-69.2%)	-£836.36
Potential profits	£93.95		-£441.17
Yr 11 Dividends	£25.32		+£0
Yr 11 Interest	£0.74		+£0.02
Yr 11 Profit from sales	£487.56		+£549.46
Yr 11 proj avg monthly profit	£140.37	(1.9%)	+£158.89
Total Dividends	£12,513.39		+£0
Total Interest	£9.31		+£0.02
Total Profit from sales	£18,047.83		+£549.46
Average monthly cash profit	£242.80	(3.3%)	+£3.97
(Sold stocks profit + Dividends - Fees / Months)

As I mentioned earlier, I sold my CWR:Ceres Power shares. I thought my reasoning was sound - they had rocketed about 600% in a fairly short amount of time but are still years away from profit. How was I supposed to know they would announce a new deal with Weichai and soar even higher? I sold my 698 shares for 297.1506p making £549.46 (36%) profit, but if I held out for a few more days I could have sold them for 397p and made £1,246 (82%) profit. I sometimes wonder if I'm cursed.

I used half the proceeds of the sale to top up on JLP:Jubilee Metals and buy another 31,347 at 3.19p costing £1,004.97. They dropped in price just after I bought them. I now have 395,921 shares in my ISA costing £23,407.

The other half was used to buy a new magic formula share using my ISA magic formula for potential growth companies. I bought 972 shares in TRU:Trufin at 109p costing £1,064.48. They are an investment company that specialise in startup companies. They are 14th on my magic formula ranking with a high gross margin, excellent growth in both the last 12 months and over 5 years, but have a higher debt to equity than I'd like. They come 6th if I remove the debt measure.

Given I took a load of profit, the fact the portfolio value only fell an additional £287 is mainly due to OPTI:Optibiotix and JLP:Jubilee Metals both being flat. These days it's a happy week when they don't go down, especially as I anticipated some profit taking from JLP after rising 18% last week. I think that did happen, but in mid-week after the price had gone up some more, then dropped back to where it started (just after I bought some).

Potential profits were hammered as I lost everything against CWR, AMRQ:Amaroq went back to loss and BOKU:Boku dropped 5%.

At least I'm no longer showing negative profit for year 11, but the sale made virtually no difference to long term profits.

Pretty flat

Back below the trend line.

A very welcome tiny ripple in the downward slope.

The SIPP looks like this after week 519 overall and week 51 of year 10.

			Weekly Change
Cash	£1,482.18		+£290.05
Portfolio cost	£141,745.32		+£0
Portfolio sell value (bid price - commission)	£74,859.16	(-47.2%)	-£946.75
Potential profits	£6,870.65		-£311.67
Yr 10 Dividends	£2,082.97		+£56.71
Yr 10 Interest	£7.80		+£0
Yr 10 Profit from sales	£7,658.57		+£0
Yr 10 proj avg monthly profit	£808.28	(10.5%)	-£12.69
Total Dividends	£18,199.62		+£56.71
Total Interest	£20.70		+£0
Total Profit from sales	£24,666.51		+£0
Average monthly cash profit	£344.57	(4.5%)	-£0.33

Cash went up as my monthly savings were added, but the shares will be bought next week. £946 drop in value as nearly everything fell, and most of the £311 drop in potential profits was due to N91:Ninety One and RIO:Rio Tinto dropping 5%. I had a £42 dividend from ALU:Alumasc and £14 from PSN:Persimmon. Looking good for year 10 performance when we reach the end of the year next week. It will be above my 10% target thanks to the magic formula.

Looks quite flat.

Looks less flat and below the trend line.

Still above the trend line, happy days.

So, I guess I should reflect on having my biggest ever deficit between cost and value. I need to keep reminding myself that the situation is due to a small number of shares I've held for a very long time and that are at their lowest valuations. The problem is they could go lower, and I also have several time bombs waiting to go off with companies that will almost certainly go bust.

KIBO:Kibo Energy is suspended and will never likely return, so my ISA will lose £2,635 from long term performance, and I don't have anything to sell to make that up. 

In the SIPP I have TRX:Tissue Regenix which is also suspended and in dire trouble, with dodgy accounting having been exposed and a massive cash crisis. When they de-list I will lose £3,437 from my SIPP performance. I do have shares I could sell to counter the drop in performance, but I would need to sell most of PAF:Pan African Resources to do that, and I really don't want to miss out on the massive dividend just before Christmas.

The only other thing that could save me in both my ISA and SIPP is a surge in JLP:Jubilee Metals. That could generate enough profit to counter the losses from both of these, but I had rather hoped to keep them long term in my ISA and use them to boost my SIPP profits rather than just protect them.

Week 534 Review - A positive week despite yet another drop for Optibiotix.

An unusual week, in that the ISA performed well but the SIPP performed badly. Lots of big drops and few gains, but the ISA benefitted from a big jump in JLP:Jubilee Metals which meant the deficit between cost and value narrowed by £1,387 to £145,849 and the deficit between injection and value reduced to £65,923. Total portfolio value increased to £113,395.

Worst performer was ALU:Alumasc Group which is still dropping after uninspiring interims last week. They fell another 8% this week, but my holding is still up 34% so I'm not starting to panic yet.

AFC:AFC Energy are drifting badly and fell 7% this week.

FDM:FDM Group also fell 7%, making me relieved I haven't bought more to try and average down. My holding is losing 64% now.

OPTI:Optibiotix fell 6% which is 0.5p and cost me around £1,000, so it would have been a much better week if they had stayed flat. They have now dropped below their IPO price. The only sliver of hope is that we were at this point in Summer 2023 and went up to 40p in a very short space of time. A repeat of that would be rather splendid. It could come on positive SweetBiotix news, but there's no sign of that at the moment. 

RAT:Rathbones dropped 6% for no obvious reason and I'm now down by 4% instead of being in profit. I don't mind as I'm only halfway through buying these, so ideally they'll drop some more before 12th November.

PAGE:Pagegroup, PSN:Persimmon and UKW:Greencoat UK Wind all fell 5% for no obvious reason, but sentiment is bad for all three at the moment. 

AMP:Ampeak Energy went up 10% but are still way off their recent price and down 71% altogether.

CWR:Ceres Power had another good week as they have been re-admitted into the FTSE 250 and climbed 11%.

IES:Invinity Energy also climbed 11% and me recent purchase is almost in profit.

Share of the Week is JLP:Jubilee Metals which went up a splendid 18%, but are still way, way down overall. Every time I speculate that this may be the turning point, they drop the week after, so I'm not going to do that. They were responsible for most of this week's gains though, and offset the drop in OPTI:Optibiotix.

Here's the ISA and shares portfolio after week 14 of year 11.

			Weekly Change
Cash	£98.98		+£0
Portfolio cost	£116,208.30		+£0
Portfolio sell value (bid price-commission)	£36,298.42	(-68.8%)	+£1,462.13
Potential profits	£535.12		+£119.80
Yr 11 Dividends	£25.32		+£0
Yr 11 Interest	£0.72		+£0
Yr 11 Profit from sales	-£61.90		+£0
Yr 11 proj avg monthly profit	-£18.52	(-0.3%)	+£1.43
Total Dividends	£12,513.39		+£0
Total Interest	£9.29		+£0
Total Profit from sales	£17,498.37		+£0
Average monthly cash profit	£238.83	(3.3%)	-£0.45
(Sold stocks profit + Dividends - Fees / Months)

The big rises in JLP:Jubilee Metals and CWR:Ceres Power were responsible for most of the gains and value went up by £1,462. Potential profits soared as CWR are now up by 25%, and this made up for the small drops in both BOKU:Boku and AMRQ:Amaroq.

A tiny tick up.

Almost touching the trend line.

The SIPP looks like this after week 518 overall and week 50 of year 10.

			Weekly Change
Cash	£1,192.13		+£0
Portfolio cost	£141,745.32		+£0
Portfolio sell value (bid price - commission)	£75,805.91	(-46.5%)	-£74.48
Potential profits	£7,182.32		-£316.87
Yr 10 Dividends	£2,026.26		+£0
Yr 10 Interest	£7.80		+£0
Yr 10 Profit from sales	£7,658.57		+£0
Yr 10 proj avg monthly profit	£820.97	(10.7%)	-£16.76
Total Dividends	£18,142.91		+£0
Total Interest	£20.70		+£0
Total Profit from sales	£24,666.51		+£0
Average monthly cash profit	£344.90	(4.5%)	-£0.67

A very quiet week for the SIPP. Drops all over the portfolio wiped out the gains in JLP:Jubilee Metals so the value dropped by £74, and potential profits were hammered by £316 as many profitable shares dropped.

It's been fairly flat for a while.

Still below the trend line, which I don't normally expect for the SIPP.

Copper is still riding high but my copper miners are not. I'm hoping they will start catching up next week. I'm also due a few dividends next week which will boost my morale after none this week.

Week 533 Review - Possibly the most volatile week ever.

This week saw a big batch of massive risers, mainly amongst the magic formula shares, but also a large batch of  big losers, including my biggest holdings, so the net effect was an increase in the deficit between cost and value of £1,480 leading to a record deficit of £147,236 and a deficit between injection and value of £67,311. Total portfolio value dropped to £112,007.

The biggest loser was TRX:Tissue Regenix who sacked the CEO and suspended the shares after having to re-state their accounts and after a drop of 38% to go 97% down. It's all looking grim, especially as the new chairman has a track record of taking companies private, so this could all be a ploy to drive the share price so low that they can de-list. I'm pretty much resigned to losing my £3,437 investment. Given I'm also about to lose the £2,635 I invested in KIBO:Kibo Energy when it goes bust, my performance is about to get utterly hammered. It's just bad news followed by more bad news...

ALU:Alumasc Group was doing really well, but took a 12% hit this week after a profit warning in the pre-AGM trading statement. Fortunately my holding is still up by £46% so I can afford a bit of a dip.

GGP:Greatland Resources took an 11% hit this week, probably profit taking after gold took a dip. I'll hang on in there as they are still up by 35% in the short time I've held them.

AMRQ:Amaroq dropped 9% which is frustrating, as I've only just bought them and my early potential profits have been wiped out. My reaction to the drop was to buy some more.

JLP:Jubilee Metals are meant to be sorting themselves out now they are specialising in copper, but it appears the market doesn't believe them, and the share price dropped another 9% this week to the lowest for a long, long time. I invested a lot in the belief they were about to break out, but I was wrong. I'm now down by £22,104. No wonder I'm at an all time low.

The other main contributor to my all-time low is OPTI:Optibiotix, which dropped another 8% this week to 8p. This is around the price they originally IPO'd at. There is absolutely no sign of anything positive happening at any point in the near future, so it may get even worse.

FDM:FDM Group dropped 6%, but that was mainly because they went ex-dividend. My holding is down 61% now, so it's one of my worst magic formula shares. Given the decline has been long and steady, I won't be trying to average down. I'll hold what I have for the dividend and hope for a recovery.

AMP:Ampeak Energy fell 5% for no reason, taking my holding to a loss of 74%.

FXPO:Ferrexpo continue to yo-yo and dropped 5% this week to go 89% down.

Amazingly, there were more shares than this lot that had big increases this week, but not enough to counter the JLP and OPTI effect.

GAW:Games Workshop, INVP:Investec, N91:Ninety One and PRU:Prudential all climbed 5% and are all in profit.

RAT:Rathbones and RIO:Rio Tinto both climbed 6% and both went into profit.

CWR:Ceres Power went up another 7% after going into profit last week, and are now 13% up.

IHP:Integrafin, IPX:Impax Asset Management and SCT:Softcat all climbed 7% but IHP is the only one in profit. Having said that, the IPX shares I bought a few weeks ago have gone into profit, but my old holding is 57% down.

FOUR:4imprint and PSN:Persimmon both went up 8% but are losing 23% and 13% respectively.

Share of the week is SBTX:SkinBioTherapeutics which went up 11%, but I don't have a clue why. There has been no news and there is no sign of news in the near future, but any recovery is most welcome. My SIPP holding is still 56% down, but my biggest holding in the ISA is only down 30%.

Here's the ISA and shares portfolio after week 13 of year 11.

			Weekly Change
Cash	£98.98		+£12.18
Portfolio cost	£116,208.30		+£0
Portfolio sell value (bid price-commission)	£34,836.29	(-70.0%)	-£1,313.83
Potential profits	£415.32		+£45.97
Yr 11 Dividends	£25.32		+£16.42
Yr 11 Interest	£0.72		+£0
Yr 11 Profit from sales	-£61.90		+£0
Yr 11 proj avg monthly profit	-£19.95	(-0.3%)	+£6.06
Total Dividends	£12,513.39		+£16.42
Total Interest	£9.29		+£0
Total Profit from sales	£17,498.37		+£0
Average monthly cash profit	£239.28	(3.3%)	-£0.35
(Sold stocks profit + Dividends - Fees / Months)

I got a £16 dividend from CAML:Central Asia Metals but had to pay AJ Bell fees. Although value dropped by a large £1,313, potential profit went up by £45 thanks to the 7% rise in CWR:Ceres Power and 2% in BOKU:Boku. partially offset by the 9% drop in AMRQ:Amaroq.

A very depressing sight.

A new all-time low and below the trend line.

The SIPP looks like this after week 517 overall and week 49 of year 10.

			Weekly Change
Cash	£1,192.13		+£113.61
Portfolio cost	£141,745.32		+£511.54
Portfolio sell value (bid price - commission)	£75,880.39	(-46.5%)	-£166.86
Potential profits	£7,499.19		+£230.29
Yr 10 Dividends	£2,026.26		+£329.81
Yr 10 Interest	£7.80		+£0
Yr 10 Profit from sales	£7,658.57		+£0
Yr 10 proj avg monthly profit	£837.73	(10.9%)	+£12.04
Total Dividends	£18,142.91		+£329.81
Total Interest	£20.70		+£0
Total Profit from sales	£24,666.51		+£0
Average monthly cash profit	£345.57	(4.5%)	+£2.07

I had a socking £305 dividend from CAML:Central Asia Metals and £24 from KNOS:Kainos Group, which upped my performance for Year 10 enough that I will stay above 10% by the end of the year if I don't sell anything for a loss. I'm very happy with that performance and it's a big green flag for the magic formula approach.

As I had the big dividend and a tax rebate, I added a bit more cash and bought 585 shares in AMRQ:Amaroq at 85.4p costing £511.54. Happy to say that despite the 9% drop in the week, by Friday they had gone up to a bid price of 86p, so the spread has been covered already.

Portfolio value only dropped £166 because the rises in magic formula shares almost cancelled out the drops in JLP:Jubilee Metals and OPTI:Optibiotix, and that also helped potential profits rise by £230.

I'm not as dismayed by this chart as I am with the ISA

This account is not at an all-time low and is only just below the trend line. If it wasn't for JLP and OPTI it would be doing rather well.

Still above the rising trend line.

PAF:Pan African Resources moved from AIM to the Main Market on Friday, but the share price dropped. I'm hoping tracker funds will start to buy them up next week and we'll see another tick up, although the opposite happened with CWR:Ceres Power, so the gold price is likely to have more of an impact on the share value.

Week 532 Review - Another bad weeks takes us close to a record low.

A horrible week, with drops in my biggest holdings and a big slump on Friday across the board. The deficit between cost and value widened by £3,138 to £145,756 and the deficit between injection and value rose to £66,231. Total portfolio value dropped to £112,851.

The biggest faller was my biggest holding OPTI:Optibiotix, which dropped 13% to just 8.7p. There is no hope for any improvement in my portfolios performance unless OPTI can get back close to break-even at 60p, and there's currently no sign of anything that's likely to do that.

BEZ:Beazley fell 6% just after I bought some more, and went from almost going ono profit, to 6% down.

POLR:Polar Capital have had a great run recently, but fell 5% this week. Fortunately both my holdings are still in profit.

FXPO:Ferrexpo climbed 20% as part of their usual yo-yo, and so are only 88% down now, so I have to report on price movements again. They don't warrant Share of the Week consideration though.

GGP:Greatland Resources continued to rise, gaining 5% this week to go 51% up. Unfortunately my other gold miners had much smaller rises this week, despite gold soaring to new heights.

N91:Ninety One went up 5% and are now 12% in profit.

YU.:Yu Group zoomed up 10% this week and are now back to break-even, so hoping for a profitable move next week.

CWR:Ceres Power climbed 15% and are now 5% in profit after being in severe loss just a few weeks ago. Shame I didn't buy any more.

Share of the Week is PBX:Probiotix Health, which went up 17%. I'm still down 66% but hopefully these will get a bit of momentum now. You would think as the biggest shareholder in PBX, OPTI would have responded positively to this, but no.

Here's the ISA and shares portfolio after week 12 of year 11.

			Weekly Change
Cash	£86.80		+£0
Portfolio cost	£116,208.30		+£0
Portfolio sell value (bid price-commission)	£36,150.12	(-68.9%)	-£1,199.25
Potential profits	£369.35		+£70.46
Yr 11 Dividends	£8.90		+£0
Yr 11 Interest	£0.72		+£0
Yr 11 Profit from sales	-£61.90		+£0
Yr 11 proj avg monthly profit	-£26.01	(-0.4%)	+£2.36
Total Dividends	£12,496.97		+£0
Total Interest	£9.29		+£0
Total Profit from sales	£17,498.37		+£0
Average monthly cash profit	£239.63	(3.3%)	-£0.45
(Sold stocks profit + Dividends - Fees / Months)

Big drop in value, but surprisingly a £70 increase in potential profits, with last week's purchase AMRQ:Amaroq climbing 2%, BOKU:Boku dropping 2%, and CWR:Ceres Power leaping 145% to go 5% into profit. After years with £0 potential profit in the ISA, that's a step in the right direction.

Grim

Not quite a record low, but very close to it.

The SIPP looks like this after week 516 overall and week 48 of year 10.

			Weekly Change
Cash	£1,078.52		-£34.04
Portfolio cost	£141,233.78		+£762.60
Portfolio sell value (bid price - commission)	£75,535.71	(-46.5%)	-£1,939.07
Potential profits	£7,268.90		-£834.67
Yr 10 Dividends	£1,696.45		+£0
Yr 10 Interest	£7.80		+£0
Yr 10 Profit from sales	£7,658.57		+£717.62
Yr 10 proj avg monthly profit	£825.69	(10.8%)	+£48.60
Total Dividends	£17,813.10		+£0
Total Interest	£20.70		+£0
Total Profit from sales	£24,666.51		+£717.62
Average monthly cash profit	£343.50	(4.5%)	+£5.38

I decided to spread the risk of my gold holding and also cash in some profit, so I sold 1,200 shares in PAF:Pan African Resources at 92.2839p making £717.62 (184.1%) profit. I used that to buy 1,229 shares in AMRQ:Amaroq at 90.85p costing £1,128.50. I'm happy to say they ended the week at 94p and are £14 in profit, whereas PAF dropped to 90.3p so my timing was better than usual. AMRQ isn't strictly a share I should be buying in the SIPP as it pays no dividend, but I'm confident they will start paying one fairly soon if production continues to increase.

Given I took out some profit, the potential profit effectively fell by £117 on top of that. The portfolio dropped a big £1,939, but year 10 performance is looking really good. Even if I sell nothing else in the next 4 weeks, I will end up making 9.9%. It's just a shame that previous years were so bad so the long term average is still only 4.5%. It is however difficult to maintain that performance given I'm adding so much cash to the portfolio each year.

This chart doesn't look too bad.

This chart looks much worse, and like the ISA we're very close to a record low. As I've mentioned before, this is all down to a very small number of companies spoiling the picture for the ones that are doing well.

The only chart I like to look at.

I'm expecting some big dividends next week, with CAML:Central Asia Metals and KNOS:Kainos Group paying out. I'm not expecting any other news, and have a feeling that if there is anything, it won't be good. A similar drop to this week would put me at an all-time low, so the painful decline which has been going on for around 2 years is showing no sign of letting up.

Week 531 Review - Dreadful week reversing all last week's gains.

This was already a fairly bad week, but then Friday afternoon took a turn for the much worse, and everything dropped like a brick. The result was a widening in the deficit between cost and value of £3,467 to £142,620 and an increase in the deficit between injection and value to £64,065. Portfolio value dropped to £115,017 despite injecting £2,200.

Worst performer was my 2nd biggest holding JLP:Jubilee Metals, which dropped 11% after an update that said virtually nothing other than sowing doubt and delays. This isn't going anywhere in a hurry.

TLOU:Tlou Energy did it's usual 10% bounce down on no news.

AFC:AFC Energy dropped 8% after a recent decent run and has slipped to 39% down now.

FXPO:Ferrexpo dropped 8% and are 90% down, so at least this is the last time I'll need to report on them for a while. It appears the Ukrainian government is doing significantly more harm to them than the Russian government, withholding vast VAT refunds and blaming the behaviour of an ex-director.

IPX:Impax Asset Management dropped 7%, which was quite vexing as I bought some more this week. My main holding is 60% down and even my new holding is 6% down already.

CKN:Clarkson was in profit, but the 5% drop this week took it to a 4% loss.

FOUR:4imprint, IES:Invinity Energy, OPTI:Optibiotix and SBTX:SkinBioTherapeutics also fell 5%, with OPTI by far my biggest holding contributing over £1,000 of this week's losses.

AMP:Ampeak Energy went up 5% this week, although they are still 71% down and I have little hope of recovery.

CWR:Ceres Power continued their good run, with a 6% rise taking them to only 9% down now.

POLR:Polar Capital have also been on a great run, climbing another 6% to go 13% and 16% up, and they have a gigantic dividend.

BOKU:Boku climbed 7% and are now 21% up after quite a short period in my portfolio. The new AIM magic formula may be working!

My brand new AIM gold miner AMRQ:Amaroq climbed 10% to go 9% up in the first week I've owned them.

My relatively new gold miner GGP:Greatland Resources also climbed 10% to go 44% up in just a few weeks.

Share of the Week is my ASX listed gold miner CORE:Solidcore Resources, which went up 13%, but is still 73% down and I struggle to see how it will ever get back to break-even. I guess my best hope is that it lists back in the UK and I buy more to average down.

Here's the ISA and shares portfolio after week 11 of year 11.

			Weekly Change
Cash	£86.80		-£1,023.50
Portfolio cost	£116,208.30		+£1,329.35
Portfolio sell value (bid price-commission)	£37,349.37	(-67.9%)	-£2,168.57
Potential profits	£298.89		+£170.29
Yr 11 Dividends	£8.90		+£8.90
Yr 11 Interest	£0.72		+£0.72
Yr 11 Profit from sales	-£61.90		+£0
Yr 11 proj avg monthly profit	-£28.37	(-0.4%)	+£5.37
Total Dividends	£12,496.97		+£8.90
Total Interest	£9.29		+£0.72
Total Profit from sales	£17,498.37		+£0
Average monthly cash profit	£240.08	(3.3%)	-£0.40
(Sold stocks profit + Dividends - Fees / Months)

I transferred the £950 from my dealing account to my ISA so I could buy AMRQ:Amaroq after being impressed with their gold resources in Greenland and their recent price drop seemed an opportunity. I bought 1,218 shares at 83.7p costing £1,024.47 and within a few days they went up to 92p, a very rare example of good timing.

I also added some more cash to my ISA so I could buy £300 worth of IES:Invinity Energy as I discussed last week. I bought 1,428 at 21p costing £304.88 which brought my weighted average down from 161.9p to 71.6p where I think there's a much better chance of at least breaking even if they don't go bust.

Potential profits went up £170 as both my profitable companies did well. Not often I've been able to report that in the ISA!

I got an £8 dividend from CAPD:Capital.

I think I asked last week how long it would last, and the answer was not very long.

Below the trend line and almost below the bottom of the chart.

The SIPP looks like this after week 515 overall and week 47 of year 10.

			Weekly Change
Cash	£1,112.56		-£786.19
Portfolio cost	£140,471.18		+£3,001.13
Portfolio sell value (bid price - commission)	£76,712.18	(-45.4%)	-£1,297.14
Potential profits	£8,103.57		+£327.77
Yr 10 Dividends	£1,696.45		+£32.16
Yr 10 Interest	£7.80		+£3.80
Yr 10 Profit from sales	£6,940.95		-£7.36
Yr 10 proj avg monthly profit	£777.09	(10.1%)	-£15.77
Total Dividends	£17,813.10		+£32.16
Total Interest	£20.70		+£3.80
Total Profit from sales	£23,948.89		-£7.36
Average monthly cash profit	£338.12	(4.4%)	-£0.56

My pension contribution came through, and I also did my monthly investment so a lot happened.

I did exactly as I planned and bought another 22 shares in RIO:Rio Tinto at 4949.8799p costing £1,106.36 and I bought 810 shares in JHD:James Halstead at 141.9p costing £1,161.34. Both stayed pretty much level over the week and both are only 2% away from being in profit.

I decided to sell GSK:GSK as they are way down my magic formula ranking and I've had £50 dividends from them, so selling my 65 shares at 1636.7711p and making a £7.36 (0.5%) loss was acceptable given my net gain was 4% with the dividends. Selling them meant I could buy 568 shares in IPX:Impax Asset Management, more than doubling my holding. I bought 568 shares for 186.45p costing £1,070.99. That reduced my weighted average price from 441.6p to 299.4p. Given I don't expect these to go bust and feel they have dropped way more than they should, I'm hoping this was a good plan.

I bought three lots of monthly savings shares. 26 shares in BEA:Beazley at 930.7p costing £244.69, 13 shares in RAT:Rathbones at 1860.1377p costing £244.53 and 7 shares in FOUR:4imprint at 3241.4806p costing £229.53. I'll keep these same three next month, after which I'll switch out FOUR for something else.

Potential profit went up £327 despite drops over most of the portfolio, and I got £11 dividend from PAGE:Pagegroup, £10 from CAPD:Capital and £10 from GSK:GSK.

The green line hides what was really going on as cash was injected.

On the trend line rather than below it, so it could be worse, and probably will be next week.

Looks like I won't be above this trend line for much longer

No thoughts this week as I exhausted myself last week, and the hoped-for update from JLP:Jubilee Metals had the opposite affect to what was desired, so misery continues. Gold provides a glimmer of hope, at least until that starts dropping too.

Week 530 Review - A great week for most of my portfolio and lots of SIPP shares gong into profit.

Apart from a small number of exceptions, this was a really good week. Despite OPTI:Optibiotix remaining flat, the other shares narrowed the deficit between cost and value by £3,094 to £138,152 and the deficit between injection and value reduced to £60,377. Total portfolio value increased to £116,205.

Worst performer was one of the worst performances ever, with TRX:Tissue Regenix losing 50% of their value following interim results. Normally you expect a drop on poor results, but not 50%, as they weren't that poor. I suspect epic amounts of shorting has made things worse. I'm not enough of a gambler to buy any though. I can only hope they make enough to stay afloat as I'm 94% down. A cheap buy-out would leave me with around £3k of loss. The only good news is that now they are down over 90% I don't have to report on price movements any more.

IES:Invinity Energy fell 11% after their results, which was a surprise because they weren't bad. That took my holding to 88% down, and does make me ponder - for only £300 I could more than half my average cost per share. That might be worth the risk if I believe they are not going out of business. I may do that on Monday.

PBX:Probiotix Health drifted down another 8% on no news to go 71% down.

ARBB:Arbuthnot Banking fell 5% for no reason whatsoever.

SBTX:SkinBioTherapeutics fell 5% for the same reason as PBX - absolutely no news for ages and investors getting bored.

AMP:Ampeak Energy, ASHM:Ashmore Group, FDM:FDM Group, FSV:Fidelity Special Values and PAF:Pan African Resources all went up 5% this week. That was enough to take FSV into profit by 4% and enough to take PAF to 196% up, just 4% short of a 2-bagger.

IHP:Integrafin went up 6% which was enough to take them back into profit by 2%.

FOUR:4imprint rose 7% but are still 25% down. I have added them to my monthly investment list to get a few more at this discount price.

KNOS:Kainos Group went up 7% and that was enough to take them 5% into profit in a week when SIPP magic formula shares going into profit was a bit of a theme.

JLP:Jubilee Metals climbed 8% and I desperately hope this is the start of a gradual increase, as I have rather a lot in my SIPP I want to dispose of so I can buy more dividend-paying shares.

GSK:GSK went up 9% and are only 1% down. At one point they were in profit and I almost sold, but given I've not had much dividend from them, I'll hang on a bit longer in the hope of a better profit. They are certainly way down my magic formula ranking so I shouldn't be keeping them.

TLOU:Tlou Energy went up 11%, but that's just part of their usual wild swings.

POLR:Polar Capital have soared recently, and are up 14% this week. That takes one of my holdings to 6% in profit and the other to 9%. Given this also pays a 10% dividend I'm very happy I recently doubled my holding.

RNWH:Renew Holdings also went up 14% this week after a very positive end of year trading update, and are now 11% in profit.

Share of the Week was last week's biggest faller and the week before's Share of the Week, CWR:Ceres Power. They went up an absolutely massive 47% this week, so my holding is now only 14% down. I may get back to break even at this rate. I wish some of my other foundering shares could do the same thing.

Here's the ISA and shares portfolio after week 10 of year 11.

			Weekly Change
Cash	£1,110.30		+£1,037.22
Portfolio cost	£114,878.95		-£999.12
Portfolio sell value (bid price-commission)	£38,188.59	(-66.8%)	+£1,242.21
Potential profits	£128.60		+£0
Yr 11 Dividends	£0		+£0
Yr 11 Interest	£0.02		+£0
Yr 11 Profit from sales	-£61.90		-£61.90
Yr 11 proj avg monthly profit	-£33.74	(-0.5%)	-£26.05
Total Dividends	£12,488.07		+£0
Total Interest	£8.57		+£0
Total Profit from sales	£17,498.37		-£61.90
Average monthly cash profit	£240.48	(3.3%)	-£0.96
(Sold stocks profit + Dividends - Fees / Months)

I sold my last holding in CAPD:Capital as I really want to transfer the cash to my ISA and add AMRQ:Amaroq to my portfolio. I sold my 917 shares at 102.75p making £61.90 (6.2%) loss, but I've had £65 dividends and more coming next week, so altogether they will be slightly up. I wanted to take advantage of a recent dip in AMRQ so just hoping they don't sky rocket before I can transfer the cash on Tuesday on settlement date.

The loss didn't have much impact on long term performance, and portfolio value went up by £1,242, not including the £937 I removed from it.

The chart is smaller this week, as I created it on my laptop so the usual size is too big to fit. A nice tick up but a vast gulf between value and injection line.

At least we're touching the trend line now.

You can't notice the loss dropping things much faster.

The SIPP looks like this after week 514 overall and week 46 of year 10.

			Weekly Change
Cash	£1,898.75		+£256.05
Portfolio cost	£137,470.05		+£0
Portfolio sell value (bid price - commission)	£75,008.19	(-45.4%)	+£1,852.55
Potential profits	£7,775.80		+£975.60
Yr 10 Dividends	£1,664.29		+£6.05
Yr 10 Interest	£4.00		+£0
Yr 10 Profit from sales	£6,948.31		+£0
Yr 10 proj avg monthly profit	£792.86	(10.6%)	-£17.04
Total Dividends	£17,780.94		+£6.05
Total Interest	£16.90		+£0
Total Profit from sales	£23,956.25		+£0
Average monthly cash profit	£338.68	(4.5%)	-£0.61

My £250 regular saving was added to cash, as was my £6 dividend from GAW:Games Workshop. Potential profits went up a massive £975 with lots of companies contributing, as 13 of my SIPP holdings are in profit and 2 within 1% of being profitable. That's the most I've ever had, and suggests the magic formula may be working.

That's not a very big gap between value and injection. I dream of crossing that line one day.

Just above the trend line - huzzah!

Still above the trend line.

An excellent week, and it feels like a long time since I've had two positive weeks in a row. The big question is how long will it last?

I'm expecting my pension transfer to come in early next week, which will give me another £2,200. As it's in my HL account I probably won't put it aside for regular monthly saving like I do with my AJ Bell account, so I need to work out what to buy. I think half of it will be RIO:Rio Tinto as they are 25th in my magic formula ranking and have exposure to copper which I'm hoping will continue to rise in price. The other half will probably go on JHD:James Halstead as it's 11th in my ranking and pays a 6% dividend. They spiked up after the results but have dropped again. I think they are going to be a low growth company as 5-year earnings per share growth is only 1.87%, but they have 19% ROI and only 3.4% debt to equity and earn enough each year to easily pay the dividend.