Worst performer was AFC:AFC Energy, which dropped 29% after announcing a discounted placing. Fortunately that placing was over subscribed, and there's a retail offer at 10p a share, which the buy price stayed above, so I've applied for £500 worth.
ATYM:Atalaya Mining have been doing well recently, but dropped 6% this week. They are still 2% up, but there is a risk of them dropping out of profit.
SAE:Simec Atlantis Energy dropped 5%, but there's nothing unusual about that.
The rest was all good news.
CAPD:Capital climbed 5% after great results. They have dropped to 66 on my magic formula rankings so I am looking to sell them. My SIPP holding is only 10% down, so I may be able to get rid of those fairly soon, but my dealing account holding is still 19% down.
IPX:Impax Asset Management have been sneaking up since to announcement of St James's Place dropping them as fund managers tanked the share price. The shares are still 54% down though. Part of me wants to buy more at this price, but part of me is nervous about other funds reducing eco-friendly investments.
OPTI:Optibiotix went up 5% which generated around £1,000 of this week's rise, but they are still at an astonishingly low price and causing most of my misery.
PAF:Pan African Resources also went up 5% which is a relief after buying a load more last week. The sell price is now well above the price I paid for them, and my holding is showing potential profit of £2,876 (74%). I will be hanging on to them though, as there's the prospect of a significant increase in production and they have a stonking dividend. It does mean that all my gold interest is in this one company, but there's no other I really feel comfortable with.
APAX:Apax Global Alpha went up an impressive 8%, although these have dropped to 64 in my magic formula ranking, so if they recover the 26% they are losing, then I'll sell them.
TRX:Tissue Regenix have been utterly rubbish, but went up 8% this week. They are still 80% down and I don't hold out much hope.
PBX:Probiotix Health went up and impressive 13%, but I suspect that's about it for the foreseeable future, as although the results were good, there's no prosect of anything new happening and we're still at least 12 months away from profitability.
Share of the Week is IHP:Integrafin, which zoomed up 17% after brilliant results and went 8% into profit. They are 3rd in my magic formula rankings, and I'm really glad I bought some more before the rise.
Here's the ISA and shares portfolio after week 51 of year 10.
Weekly Change | |||
Cash | £573.11 | +£496.09 | |
Portfolio cost | £115,378.07 | +£0 | |
Portfolio sell value (bid price-commission) | £40,581.90 | (-64.8%) | +£1,027.81 |
Potential profits | £24.65 | -£19.80 | |
Yr 10 Dividends | £180.12 | +£0 | |
Yr 10 Interest | £1.77 | +£0.32 | |
Yr 10 Profit from sales | £284.97 | +£0 | |
Yr 10 proj avg monthly profit | £31.31 | (0.4%) | -£0.96 |
Total Dividends | £12,488.07 | +£0 | |
Total Interest | £8.57 | +£0.32 | |
Total Profit from sales | £17,560.27 | +£0 | |
Average monthly cash profit | £246.23 | (3.4%) | -£0.51 |
(Sold stocks profit + Dividends - Fees / Months) | |||
Compound performance | 34% | +0% |
I added £500 to my ISA so I can partake in the retail offer for AFC:AFC Energy and get my average price down, as I'm excited about their prospects. The £1,027 rise in value is mainly thanks to OPTI:Optibiotix and PBX:Probiotix Health going up a bit. There's also a tiny amount of interest. The bad news is a drop in BOKU:Boku halving my potential profits, but just having potential profits in this account is a new experience.
Can't see much on this one
We're touching the trend line, but there's no danger of it changing direction any time soon.
One day it would be nice to sell something to help this chart out.
The SIPP looks like this after week 503 overall and week 35 of year 10.
Weekly Change | ||||
Cash | £181.98 | +£15.53 | ||
Portfolio cost | £133,669.23 | +£0 | ||
Portfolio sell value (bid price - commission) | £72,623.55 | (-45.7%) | +£1,755.73 | |
Potential profits | £7,181.82 | +£460.36 | ||
Yr 10 Dividends | £1,228.56 | +£18.04 | ||
Yr 10 Interest | £3.96 | +£0.84 | ||
Yr 10 Profit from sales | £2,764.16 | +£0 | ||
Yr 10 proj avg monthly profit | £474.99 | (6.4%) | -£11.99 | |
Total Dividends | £17,345.21 | +£18.04 | ||
Total Interest | £16.86 | +£0.84 | ||
Total Profit from sales | £19,772.10 | +£0 | ||
Average monthly cash profit | £306.63 | (4.1%) | -£0.48 | |
(Sold stocks profit + Dividends - Fees / Months) | ||||
Compound performance | 40% | +0 |
A healthy increase in value, and a healthy increase in potential profits to over £7,000. It's a novel concept not selling my profitable shares and watchin that figure gradually go up. If only my bigger holdings would sort themselves out!
There was an £18 dividend from IPX:Impax Asset Management and a tiny amount of interest.
A better looking tick upwards.
We're above the trend line, but how long will it last?
Keeping steady, and with a combination of regular dividends and a strategy in place for selling non-magic formula shares, there's more prospect of this continuing to move upwards.
It's nice to get a rare positive week after months of mainly misery. It's a tad galling that every single junior share I pick has stalled horribly. My mistake has been to pile in lots of money to just a few of them, when so many fail that I probably need a wider range so the big rises in the successful ones will cancel out the disasters.
A better looking tick upwards.
We're above the trend line, but how long will it last?
Keeping steady, and with a combination of regular dividends and a strategy in place for selling non-magic formula shares, there's more prospect of this continuing to move upwards.
It's nice to get a rare positive week after months of mainly misery. It's a tad galling that every single junior share I pick has stalled horribly. My mistake has been to pile in lots of money to just a few of them, when so many fail that I probably need a wider range so the big rises in the successful ones will cancel out the disasters.
I also need to prepare myself for writing off some quite big holdings which will ruin my performance stats. KIBO:Kibo Mining is a total basket case and will certainly go bust, costing me £2,635. The other major risk is TRX:Tissue Regenix which is likely to get bought out on the cheap. At the current price that will cost me £2,749. Those are the two I'm most worried about. The others are tiny investments or showing potential for recovery.