Another bad week despite some good rises in big holdings. A 2p drop in OPTI:Optibiotix on the back of a corporate update wrecked the gains and resulted in the deficit between cost and value widening by £2,637 to £126,191 and the deficit between injection amount and value widened to £53,377. Total portfolio value dropped to £114,735.
TLOU:Tlou Energy had a massive rise last week but dropped 17% this week to go 27% down all together.
AFC:AFC Energy are also being shorted in an attack against "green" technology companies. They dropped another 14% this week and are now 71% down.
OPTI:Optibiotix fell 2p after an underwhelming corporate update which had no bad news, but made it clear nothing is going to be happening any time soon. They fell 11% and it cost me £4,000 so it's a good job there were some rises elsewhere.
FXPO:Ferrexpo fell another 10% as it becomes increasingly clear the Ukrainian government are out to get them.
The increase in copper price helped CAML:Central Asia Metals to go up 5% so my biggest holding in these is only 2% down now.
SAE:Simec Atlantis Energy also went up 5% but are 72% down overall.
WHR:Warehouse REIT had an increased offer to buy them out and are minded to accept it. The offer will mean I make a tiny profit and shares went up 5% but are still below the price being offered to buy the company. It would be nice if a rival bid came in but there's no sign of that happening.
JLP:Jubilee Metals is my 2nd biggest holding and went up 6%. Could this mean the institutions have stopped selling? Still no sign of results so it's likely they will be next week but there's a risk of a big drop afterwards. We know there was virtually no copper produced so a lot depends on how well chrome performed and if there is any extra news on top.
Share of the week was PAF:Pan African Resources which went up 7% as gold continues to go up. My holding is now up by 51% and it's a shame this is my only remaining gold miner.
Here's the ISA and shares portfolio after week 35 of year 10.
Weekly Change | |||
Cash | £48.09 | +£0.07 | |
Portfolio cost | £114,352.47 | +£0 | |
Portfolio sell value (bid price-commission) | £46,644.52 | (-59.2%) | -£1,533.48 |
Potential profits | £283.99 | +£225.27 | |
Yr 10 Dividends | £109.23 | +£0 | |
Yr 10 Interest | £0.85 | +£0.03 | |
Yr 10 Profit from sales | £327.55 | +£0 | |
Yr 10 proj avg monthly profit | £46.01 | (0.6%) | -£1.35 |
Total Dividends | £12,417.18 | +£0 | |
Total Interest | £7.65 | +£0.03 | |
Total Profit from sales | £17,602.85 | +£0 | |
Average monthly cash profit | £254.09 | (3.6%) | -£0.50 |
(Sold stocks profit + Dividends - Fees / Months) | |||
Compound performance | 35% | +0% |
A welcome rise in potential profits thanks to a 4% increase in SBTX:SkinBioTherapeutics, but drop in value of £1,533. Long term performance is pretty dreadful as I haven't sold anything in ages.
The flatness continues.
Still above the trend line, but it will be getting steeper in the short term.
The SIPP looks like this after week 487 overall and week 19 of year 10.
Weekly Change | ||||
Cash | £270.21 | +£9.68 | ||
Portfolio cost | £126,257.05 | +£0 | ||
Portfolio sell value (bid price - commission) | £67,773.04 | (-46.3%) | -£1,104.43 | |
Potential profits | £4,189.17 | +£368.64 | ||
Yr 10 Dividends | £542.16 | +£9.30 | ||
Yr 10 Interest | £1.30 | +£0.05 | ||
Yr 10 Profit from sales | £2,375.87 | +£0 | ||
Yr 10 proj avg monthly profit | £647.32 | (9.4%) | -£33.71 | |
Total Dividends | £16,658.81 | +£9.30 | ||
Total Interest | £14.20 | +£0.05 | ||
Total Profit from sales | £19,383.81 | +£0 | ||
Average monthly cash profit | £307.82 | (4.5%) | -£0.55 | |
(Sold stocks profit + Dividends - Fees / Months) | ||||
Compound performance | 42% | +0% |
A £9 dividend came from BHP:BHP Group and although value dropped by £1,104, potential profits went up by £368 thanks to PAF:Pan African Resources, ALPH:Alpha Group and ALU:Alumasc Group.
More flatness but costs have been going up.
Dipping slightly below the trend line
Hopefully this will take a leap up if JLP:Jubileee Metals sorts itself out.
I've had confirmation that my pension transfer has been processed, so it should come through next week. I'm currently planning to invest half in IHP:Integrafin, as they posted a record quarter last quarter and should be due an update on the most recent quarter very soon. The other half will be RIO:Rio Tinto which seems undervalued given the recent rises in copper prices. Both are existing holdings and will average down my purchase price.