Week 559 Review - Bad week as gold miners hammered.

A dreadful week, with the deficit between cost and value widening by £5,672 to £151,793 and the deficit between injection and value growing to £60,262. Total portfolio value dropped to £124,626.

It was a bad week for gold miners, and the worst affected was PAF:Pan African Resources, dropping 11%, but my holding is still up by 380%.

III:3i Group, THX:Thor Explorations and W7L:Warpaint London all fell 9%.

EDV:Endeavour Mining and SBRE:Sabre Insurance fell 8%.

AMP:Ampeak Energy and PAGE:Pagegroup fell 7%.

AMRQ:Amaroq, ATYM:Atalya Mining and FRES:Fresnillo fell 6% and I only bought FRES this week!

GGP:Greatland Resources fell 5%.

It wasn't all doom and gloom.

FDM:FDM Group went up 5% but my holding is still 66% down.

AFC:AFC Energy is on a surge, and went up 6% taking my holding to only 6% down.

DXRX:Diaceutics went up 6% and are now a rare in=profit ISA share, up by 2%. That does mean that all my new ISA magic formula shares are in profit. I just need some cash from selling the other rabble to buy some more.

RSW:Renishaw went up 6% and are now 5% in profit.

Share of the week is FNX:Fonix, which went up 9% and is now only 7% down.

Here's the ISA and shares portfolio after week 39 of year 11.

			Weekly Change
Cash	£120.61		-£3.96
Portfolio cost	£116,490.29		+£0
Portfolio sell value (bid price-commission)	£32,610.88	(-72.0%)	-£832.46
Potential profits	£283.04		-£79.04
Yr 11 Dividends	£86.83		+£0
Yr 11 Interest	£1.40		+£0
Yr 11 Profit from sales	£873.14		+£0
Yr 11 proj avg monthly profit	£98.94	(1.4%)	-£3.05
Total Dividends	£12,574.90		+£0
Total Interest	£9.97		+£0
Total Profit from sales	£18,433.41		+£0
Average monthly cash profit	£235.51	(3.3%)	-£0.46
(Sold stocks profit + Dividends - Fees / Months)

Very little happened. Most of my losses were in the SIPP, so this just lost £832 and potential profits dipped by £79, but it's relatively flat compared to the SIPP.

Heading back towards worst ever.

Dipped slightly below the trend line.

The SIPP looks like this after week 543 overall and week 23 of year 11.

			Weekly Change
Cash	£765.44		-£82.58
Portfolio cost	£159,043.33		+£1,024.63
Portfolio sell value (bid price - commission)	£91,129.28	(-42.7%)	-£4,839.37
Potential profits	£12,401.33		-£2,887.55
Yr 11 Dividends	£928.19		+£0
Yr 11 Interest	£11.94		+£0
Yr 11 Profit from sales	£9,216.80		+£883.30
Yr 11 proj avg monthly profit	£1,895.11	(23.1%)	+£87.11
Total Dividends	£19,148.39		+£0
Total Interest	£32.64		+£0
Total Profit from sales	£33,883.31		+£883.30
Average monthly cash profit	£409.75	(5.0%)	+£6.28

I decided I wanted to buy FRES:Fresnillo shares before the ex-dividend date. They have dipped due to the war so I sold 700 PAF:Pan African Resources shares at 157.2518p making £883.29 (420%) profit. I bought 34 shares in FRES at 3594.36p costing 1,235.14. One of the reasons they dropped was going ex-dividend, so they actually fell much less than PAF.

Portfolio value dropped by £4,000 if you ignore the realised profit, and potential profits made up half that drop. The sale did however improve my average performance, which is now up to 5% long-term.

Just as it looked like we may get back past the injection line.

Well below the trend line again.

I did put off dropping below the trend line for another week or two.

I'm a week late writing this up because it's hard to find motivation when it's relentless bad news. Unfortunately week 560 wasn't much better so that might not be written any time soon.

Week 558 Review - Good for the SIPP, less so for the ISA.

A pretty good week in general. I got back some more of the Iran war losses, but still a long way to go. The deficit between cost and value improved by £2,140 to £146,121 and the deficit between injection and value dropped to £55,529. Total portfolio value climbed to £129,359.

The biggest loser was IES:Invinity Energy, which dropped 8% after a recent rally. No obvious reason.

FNX:Fonix was the only other share with a big drop, falling 6%. I suspect it was profit taking after a big rise last week.

AMRQ:Amaroq, FOUR:4imprint, GAW:Games Workshop, JHD:James Halstead and PAF:Pan African Resources all went up 5%. I remember the days when I only had to report on a few shares a week making 5% or more moves. It seems to be half my portfolio every week these days!

ESTC:Eurpoean Smaller Companies Trust, FSG:Foresight Group Holdings, IHP:Integrafin and W7L:Warpaint London all went up 7%. There was no reason for any of these rises, other than a big surge on Friday when the Straight of Hormuz was declared open. Shame that was bollocks, as we'll no doubt lose all these recoveries on Monday.

III:3i Group went up 8%. I've stopped buying them in my monthly investment now, so happy for them to keep climbing. My holding is only 5% down thanks to buying once a month including when they dropped significantly.

FDM:FDM Group went up 9% but my holding is still 68% down so it's going to take a while.

MGNS:Morgan Sindall Group and RSW:Renishaw both went up 10%. MGNS had an excuse, announcing profit was ahead of expectations, but RSW had no reason.

POLR:Polar Capital and SCT:Softcat both went up 11%.

IPX:Impax Asset Management went up 12% but my original holding is still down by 74%.

KNOS:Kainos Group went up a massive 17% and are only 3% in the red.

MSI:MS International went up an even more impressive 18% and my holding is 15% in profit. Quite a surprise if people thought hostilities were coming to an end.

Share of the Week is AFC:AFC Energy which went up a huge 19% and my holding is now only 11% down. I think it's on the back of good news at ITM:ITM Power, but it won't be sustained unless there is also good news for AFC.

Here's the ISA and shares portfolio after week 38 of year 11.

			Weekly Change
Cash	£124.57		+£0.25
Portfolio cost	£116,490.29		+£0
Portfolio sell value (bid price-commission)	£33,443.34	(-71.3%)	-£107.96
Potential profits	£362.08		+£65.96
Yr 11 Dividends	£86.83		+£0
Yr 11 Interest	£1.40		+£0.25
Yr 11 Profit from sales	£873.14		+£0
Yr 11 proj avg monthly profit	£101.99	(1.4%)	-£2.73
Total Dividends	£12,574.90		+£0
Total Interest	£9.97		+£0.25
Total Profit from sales	£18,433.41		+£0
Average monthly cash profit	£235.97	(3.3%)	-£0.42
(Sold stocks profit + Dividends - Fees / Months)

I had 25p interest. The drop in JLP:Jubilee Metals wiped out any other gains, so despite potential profits increasing by £65, the portfolio value dropped by £107.

Not much of a recovery

Bang on the trend line and following it down.

The SIPP looks like this after week 542 overall and week 22 of year 11.

			Weekly Change
Cash	£848.02		+£158.84
Portfolio cost	£158,018.70		+£276.96
Portfolio sell value (bid price - commission)	£94,944.02	(-39.9%)	+£2,248.66
Potential profits	£15,288.88		+£1,082.54
Yr 11 Dividends	£928.19		+£173.25
Yr 11 Interest	£11.94		+£5.62
Yr 11 Profit from sales	£8,333.50		+£257.03
Yr 11 proj avg monthly profit	£1,808.00	(22.1%)	+£3.85
Total Dividends	£19,148.39		+£173.25
Total Interest	£32.64		+£5.62
Total Profit from sales	£33,000.01		+£257.03
Average monthly cash profit	£403.47	(4.9%)	+£2.74

A great week for portfolio value, and £1,082 was increased potential profit. I also had a £67 dividend from EDV:Endeavour Mining and £105 from RIO:Rio Tinto. Having a load of cash in the SIPP also earned £5 interest.

I decided I wanted some more AMRQ:Amaroq shares before they move to the main market, so I sold 14 shares in RIO:Rio Tinto at 7347.19p and made £257.03 (33.3%) profit. I used the proceeds to buy 1,080 shares in AMRQ at 95.8p costing £1,041.59. That takes my SIPP holding to 3,107 shares at a weighted average of 101.6p costing £3,173. They are only down by commission. When they move to the main market they will become a FTSE 250 company, at which point I'll sell my ISA holding and just keep the ones in the SIPP.

Almost back to the injection line.

Back above the trend line so hopefully we can start to flatten it out.

This week's profits delayed hitting the trend line by one more week.

I'm writing this on Sunday and it's clear the optimism on Friday was mis-placed, as there is no oil moving on The Gulf. I'm expecting everything to tank again on Monday. 

Week 557 Review - About a quarter of recent losses clawed back.

A pretty great week across most of the portfolio, with the deficit between cost and value improving by £5,805 to £148,264 and the deficit between injection and value narrowing to £58,105. My total portfolio value increased to £126,783. I have however recovered less than half the losses caused by the war with Iran.

The biggest faller was IPX:Impax Asset Management which announced an 8% drop in assets under management, then promptly dropped 22% in value. Every bit of news seems to result in a dramatic drop. The same happened when they lost the St James' Place contract, with the price drop far greater than the percentage of assets lost. They pay a great dividend, so I'll continue getting that and hope sentiment improves. My holdings are down 51% and 77% and losing £2,166.

N91:Ninety One dropped 8% after an analyst downgrade, which usually means they have an order to fill and want the price to fall. My holding is still 12% up.

The final big loser this week was FDM:FDM Group, which slipped another 5% to go 71% down. They have a sound business, so it's just a case of the economy improving enough for people to start hiring IT staff again.

In much better news DXRX:Diaceutics, FOUR:4imprint and MSI:MS International all climbed 5%, largely down to the ceasefire in Iran. That also triggered the following rises.

ATYM:Atalya Mining, ESTC:Eurpoean Smaller Companies Trust and RSW:Renishaw climbed 6%.

EDV:Endeavour Mining, FSG:Foresight Group Holdings, INVP:Investec, JLP:Jubilee Metals, MGNS:Morgan Sindall Group, PAF:Pan African Resources, THX:Thor Explorations and YU.:Yu Group all climbed 7%.

AMP:Ampeak Energy and GAW:Games Workshop went up 8%. Glad I doubled my investment in GAW while they were low.

TAM:Tatton Asset Management rose 9% and into profit.

IES:Invinity Energy went up 10% for no obvious reason.

FNX:Fonix and W7L:Warpaint London recovered 11% of recent losses.

AFC:AFC Energy went up 12% on no news.

JHD:James Halstead jumped 13% after analysts suggesting the recent drop was over-done. My holdings are just 5% down now.

Share of the Week for the 2nd week in a row was GGP:Greatland Resources, which climbed another 16% to go 106% up and £2,480 in profit. Hopefully I got in early enough for these to do another PAF:Pan African Resources super surge. My initial investment wasn't as big here as with PAF so I won't be top-slicing to the extent I did with PAF, in fact I think I top-sliced too many as the things I moved profits into have stagnated while PAF continued to surge.

Here's the ISA and shares portfolio after week 37 of year 11.

			Weekly Change
Cash	£124.32		-£3.47
Portfolio cost	£116,490.29		+£0
Portfolio sell value (bid price-commission)	£33,551.30	(-71.2%)	+£1,579.28
Potential profits	£296.12		+£146.08
Yr 11 Dividends	£86.83		+£0
Yr 11 Interest	£1.15		+£0
Yr 11 Profit from sales	£873.14		+£0
Yr 11 proj avg monthly profit	£104.72	(1.5%)	-£3.33
Total Dividends	£12,574.90		+£0
Total Interest	£9.72		+£0
Total Profit from sales	£18,433.41		+£0
Average monthly cash profit	£236.39	(3.3%)	-£0.45
(Sold stocks profit + Dividends - Fees / Months)

A decent but not spectacular rise, and both profitable shares went up, so more than doubled potential profits to £296.

This account is at the mercy of JLP:Jubilee Metals and OPTI:Optibiotix so any rise will be very slow unless they can recover.

Back on the trend line which is a small milestone.

The SIPP looks like this after week 541 overall and week 21 of year 11.

			Weekly Change
Cash	£689.18		-£499.92
Portfolio cost	£157,741.74		+£489.64
Portfolio sell value (bid price - commission)	£92,418.40	(-41.4%)	+£4,228.02
Potential profits	£14,206.34		+£2,246.70
Yr 11 Dividends	£754.94		+£4.37
Yr 11 Interest	£6.32		+£0
Yr 11 Profit from sales	£8,076.47		+£0
Yr 11 proj avg monthly profit	£1,804.15	(22.0%)	-£91.97
Total Dividends	£18,975.14		+£4.37
Total Interest	£27.02		+£0
Total Profit from sales	£32,742.98		+£0
Average monthly cash profit	£400.73	(4.9%)	-£0.81

Much more going on here. The recovery in mainstream stocks meant a bigger £4,228 rise in value compared to the ISA, and half of that was increased profits. I'm £4k short of where profits were before the Iran war.

I did my monthly investment, buying 9 shares in III:3i Group at 2561.0587p costing £241.29 and I also bought 115 shares in ESTC:Eurpoean Smaller Companies Trust at 215.4473p costing £250.50. They both snuck up a little after I bought them.

I also received a rather feeble £4 dividend from RSW:Renishaw.

Encouraging that we're not too far from being back at the injection line.

As with the ISA, we're right back on the trend line, but still well below where we were before the war with Iran started.

I reckon next week will be when we meet the trend line, and after that start dragging it flat. It is a great testament to the magic formula that in 12 months I've improved the average monthly profit from sales and dividends by £100 a month based on an average running over 10 years. It should drift until August when I do my 6-monthly magic formula review and sell anything outside the top 50. I still have a slight hope I can sell some non-magic formula shares like JLP:Jubilee Metals before then, but it's not looking too promising at the moment.

Week 556 Review - A good week for many shares despite a big drop on Thursday.

It was looking like a great week until Thursday, when I lost £2k of my weekly gains, but the deficit between cost and value still narrowed by £3,634 to £154,069 and the deficit between injection and value has reduced to £63,899. Portfolio value has increased to £120,989 helped by a new £2.5k injection.

The only big faller this week is JLP:Jubilee Metals, which dropped 6% after uninspiring interims.

ATYM:Atalya Mining, DXRX:Diaceutics, KNOS:Kainos Group and SBTX:SkinBioTherapeutics  all went up 6%, although SBTX was suspended during the week after not having completed their finances while investigating the actions of their recently sacked CEO. Hopefully that will be resolved so they don't plummet when the suspension is lifted.

ASHM:Ashmore Group and FNX:Fonix went up 7%.

EDV:Endeavour Mining and IES:Invinity Energy went up 8%.

RIO:Rio Tinto went up 9%.

THX:Thor Explorations went up 12 % but are still 14% down.

PAF:Pan African Resources recovered 13% and were a major contributor to this week's gains, now up by 385%.

III:3i Group dropped 14% last week after an update on its main holding, Action. I thought the drop was way too much, and was right because they re-gained all 14% this week. Unfortunately my monthly investment is next week.

PBX:Probiotix Health had another great week and is rising steadily after good results. They went up 17% this week, and as one of my biggest holdings were a major contributor.

Share of the Week was GGP:Greatland Resources which went up a massive 27% after announcing a globally significant tungsten deposit on their land. They are now up by 78% and I maybe should have bought more of these than I did.

Here's the ISA and shares portfolio after week 36 of year 11.

			Weekly Change
Cash	£127.79		+£17.47
Portfolio cost	£116,490.29		+£0
Portfolio sell value (bid price-commission)	£31,972.02	(-72.6%)	-£50.40
Potential profits	£150.04		+£23.96
Yr 11 Dividends	£86.83		+£17.47
Yr 11 Interest	£1.15		+£0
Yr 11 Profit from sales	£873.14		+£0
Yr 11 proj avg monthly profit	£108.05	(1.5%)	-£0.92
Total Dividends	£12,574.90		+£17.47
Total Interest	£9.72		+£0
Total Profit from sales	£18,433.41		+£0
Average monthly cash profit	£236.84	(3.3%)	-£0.29
(Sold stocks profit + Dividends - Fees / Months)

A slight drop in value due to the drop in JLP:Jubilee Metals not quite being offset by the increase in PBX:Probiotix Health. A rare ISA dividend of £17 from ASHM:Ashmore Group. Potential profits crept up £23 as AMRQ:Amaroq went back into the black.

Not very encouraging.

Still below the trend line.

The SIPP looks like this after week 540 overall and week 20 of year 11.

			Weekly Change
Cash	£1,189.10		+£266.13
Portfolio cost	£157,252.10		+£2,426.01
Portfolio sell value (bid price - commission)	£87,700.74	(-44.2%)	+£3,685.20
Potential profits	£11,959.64		+£2,652.98
Yr 11 Dividends	£750.57		+£42.14
Yr 11 Interest	£6.32		+£0
Yr 11 Profit from sales	£8,076.47		+£0
Yr 11 proj avg monthly profit	£1,896.12	(23.1%)	-£90.19
Total Dividends	£18,970.77		+£42.14
Total Interest	£27.02		+£0
Total Profit from sales	£32,742.98		+£0
Average monthly cash profit	£401.54	(4.9%)	-£0.40

Cash went up with the injection of monthly savings ready for next week, and I also had a pension transfer of £2,300 so cost went up £2,426. A good week for many of my shares, with value up £3,685 and £2,652 of that is increased potential profits. My £22 dividend arrived from PAF:Pan African Resources and I also got £19 from FNX:Fonix.

My first transfer investment was in TAM:Tatton Asset Management, where I bought 188 shares at 583.75p costing £1,104.40. They dropped 2% by the end of the week.

My other purchase was 178 shares in ATYM:Atalya Mining because the recent drop was way over-done. I paid 738.575p a share after recently paying 1000p in the retail offer. They cost £1,321.61 and reduced my average price to 859p so my shares are 15% down after being well in profit a few weeks ago. The bid price ended the week at 741p so a tiny bit up on my purchase price.

Slowly reversing the recent war-fuelled declines.

Still a way to go to get back to even the levels of 12 months ago.

Not long till the trend line catches up.

Next Friday should see my regular savings trades, with my last purchase of III:3i Group and my 3rd of 5 purchases in ESTC:European Smaller Companies Trust. I'll need to decide what to switch III to next month. Many of my top 30 ranked companies are not available to regular investments, so it will need to be a company I'm already holding. Top options at the moment are BPM:BP Marsh & Partners and FOUR:4imprint.

Week 555 Review - More losses, but a few decent gains result in a positive week.

The gains exceeded the losses this week, so I clawed back £2,674 of the £27k value I lost over the last 3 weeks. The deficit between cost and value now stands at £157,704 and the deficit between injection and value is £67,693. Total portfolio value rose to £114,645.

Worst performer was RDT:Rosslyn Data which announced a discounted placing and dropped 24% to the placing price. I may have been foolish, but participated the minimum amount possible to get my average price down to something that stands a chance of getting my money back. It means my holding is down by 81% instead of 103% now.

III:3i Group gave a reasonable trading update, but not reasonable enough for the market as they dropped 14% to take my holding 26% down. I don't mind as I'm still accumulating each month, so the next batch will be cheaper.

IES:Invinity Energy have been drifting on no news and drifted another 9% this week. Even my recent holding is 29% down and I thought I'd bought those at a low.

OPTI:Optibiotix fell another 9% and are now standing at 5p a share. That's about 90% down. I'm increasingly losing faith in them ever turning around.

FDM:FDM Group fell another 7% and are 68% down.

FNX:Fonix are a very recent purchase, but they dropped 6% to go 23% down.

FSG:Foresight Group Holdings are another recent buy, and dropped 5% to go 20% down.

Now for the good news.

JLP:Jubilee Metals, PAF:Pan African Resources, RIO:Rio Tinto and THX:Thor Explorations all went up 5% after a slight recovery in metals shares.

EDV:Endeavour Mining did better, climbing 8% to go 12% up overall.

PBX:Probiotix Health reversed last week's inexplicable drop and climbed 20%. It may just be down to the dodgy spread from last week being rectified.

SBTX:SkinBioTherapeutics also reversed last week's drop and went up 50%. I'm not sure it deserves Share of the Week though, as it's all a bit of a shit show. I'll give the award to EDV:Endeavour Mining.

Here's the ISA and shares portfolio after week 35 of year 11.

			Weekly Change
Cash	£110.32		+19.00
Portfolio cost	£116,490.29		+£101.00
Portfolio sell value (bid price-commission)	£32,022.42	(-72.5%)	+£1,271.99
Potential profits	£126.08		+£7.56
Yr 11 Dividends	£69.36		+£0
Yr 11 Interest	£1.15		+£0
Yr 11 Profit from sales	£873.14		+£0
Yr 11 proj avg monthly profit	£108.97	(1.5%)	-£3.21
Total Dividends	£12,557.43		+£0
Total Interest	£9.72		+£0
Total Profit from sales	£18,433.41		+£0
Average monthly cash profit	£237.13	(3.3%)	-£0.43
(Sold stocks profit + Dividends - Fees / Months)

I added £120 to my ISA so I could take part in the RDT:Rosslyn Data retail offer. I'm fairly certain they will never make a profit, but I decided it was worth risking £101 at 2p a share to get my average price down from 792p a share to 9p a share. At least there may be an outside chance of getting my money back, whereas I may as well give up waiting for 792p.

Clawed back £1,271 of my recent losses and potential profit went up £7 so still a complete car crash.

Not much of a tick up, but better than continuing down.

Still below the trend line

The SIPP looks like this after week 539 overall and week 19 of year 11.

			Weekly Change
Cash	£922.97		+£23.29
Portfolio cost	£154,826.09		+£99.12
Portfolio sell value (bid price - commission)	£81,589.53	(-47.3%)	+£1,402.56
Potential profits	£9,306.66		+£1,016.78
Yr 11 Dividends	£708.43		+£59.91
Yr 11 Interest	£6.32		+£0
Yr 11 Profit from sales	£8,076.47		+£0
Yr 11 proj avg monthly profit	£1,986.31	(24.9%)	-£95.92
Total Dividends	£18,928.63		+£59.91
Total Interest	£27.02		+£0
Total Profit from sales	£32,742.98		+£0
Average monthly cash profit	£401.94	(5.0%)	-£0.27

I had a tax rebate so bought 78 shares in IPX:Impax Asset Management at 120.668p costing £99.12 to try and get my average price down a bit. I still think these have been battered too much for losing the St James' Place contract as it wasn't that big a percentage of their portfolio.

I had a £9 dividend from GAW:Games Workshop and a £50 special dividend from BPM:BP Marsh & Partners. Potential profits went up almost as much as portfolio value as most of the gains were in my already profitable gold mines.

Again, a very tiny tick up

A long way to go yet.

Might have another 3 weeks or so until the trend line catches us up.

There's still no sign of my dividend from PAF:Pan African Resources, but it looks like the same is happening to most investors, so the transfer to brokers must be delayed for some reason.

My pension transfer has been processed super quick this time, so the money should arrive before Easter. I haven't decided what to invest in yet. The top-ranked share I don't own is FRP:FRP Advisory Group, but they've had a very recent big drop in share price. I can't see any particular reason for it other than the Iran conflict, so I may get some of those.

The next one on the list is BYIT:Bytes Technology Group. Their recent trading update was pretty good. They have double digit growth and £98m cash. The problem is their share price has been falling continuously for 2 years, so I feel I should wait for that trend to turn around.

Next on my list is TAM:Tatton Asset Management. They have been growing steadily for years, but have had a blip over the last few months. I think that could be a good buying opportunity rather than the sign of a down trend developing, so they are a contender.

The alternative would be to invest in something I already hold. The only one I'd be tempted to include is ATYM:Atalya Mining after the recent massive drop in price. I may do that if they stay at the current level.

Week 554 Review - Absolute misery as the drop of 2 weeks ago is exceeded.

It's getting worse. The deficit between cost and value widened by a massive £12,696 this week, having now dropped £27k in the last 3 weeks. Deficit between injection and value widened to £70,490 and total portfolio value dropped to £111,728.

SBTX:SkinBioTherapeutics was the biggest loser, dropping another 40% as the potential fraud enquiry continues. 

PBX:Probiotix Health dropped 23% for absolutely no reason whatsoever.

ATYM:Atalya Mining fell a whopping 18% to go 27% down when in profit a few weeks agio.

GGP:Greatland Resources fell 17% but is still 36% up.

THX:Thor Explorations fell 16% and is now down by 27%.

JLP:Jubilee Metals fell another 15% and most of my holdings are around 75% down.

FDM:FDM Group fell another 13% and is now 66% down.

PAF:Pan African Resources fell 13% but is still 309% up. Maybe I should buy some more!

EDV:Endeavour Mining, MSI:MS International and W7L:Warpaint London all dropped 10%.

PAGE:Pagegroup fell another 9% to go 74% down.

III:3i Group and OPTI:Optibiotix both fell 8%.

AMRQ:Amaroq and KNOS:Kainos Group fell 7%.

IPX:Impax Asset Management, MGNS:Morgan Sindall Group and RIO:Rio Tinto fell 6%.

AFC:AFC Energy and ASHM:Ashmore Group both fell 5%.

Not much to celebrate there!

SCT:Softcat clawed back 5% if its recent losses but is still 23% down.

UKW:Greencoat UK Wind also clawed back 5% of losses and are now 35% down but paying a massive divi.

Share of the Week for the 2nd week in a row is SBRE:Sabre Insurance, which climbed another 6% and is now 5% in profit.

Here's the ISA and shares portfolio after week 34 of year 11.

			Weekly Change
Cash	£91.32		-£4.25
Portfolio cost	£116,389.29		+£0
Portfolio sell value (bid price-commission)	£30,649.43	(-73.7%)	-£5,072.76
Potential profits	£118.52		-£158.44
Yr 11 Dividends	£69.36		+£0
Yr 11 Interest	£1.15		+£0.30
Yr 11 Profit from sales	£873.14		+£0
Yr 11 proj avg monthly profit	£112.18	(1.6%)	-£3.95
Total Dividends	£12,557.43		+£0
Total Interest	£9.72		+£0.30
Total Profit from sales	£18,433.41		+£0
Average monthly cash profit	£237.56	(3.3%)	-£0.46
(Sold stocks profit + Dividends - Fees / Months)

Cash went down due to monthly fees, portfolio value dropped a massive £5,072 and most of my potential profits were wiped out, but good news - I got 30p interest!.

Absolute disaster

Doomed.

Don't care any more.

The SIPP looks like this after week 538 overall and week 18 of year 11.

			Weekly Change
Cash	£899.68		+£77.45
Portfolio cost	£154,726.97		+£0
Portfolio sell value (bid price - commission)	£80,087.85	(-48.2%)	-£7,523.33
Potential profits	£8,289.88		-£2,509.20
Yr 11 Dividends	£648.52		+£81.52
Yr 11 Interest	£6.32		+£0.06
Yr 11 Profit from sales	£8,076.47		+£0
Yr 11 proj avg monthly profit	£2,082.23	(26.1%)	-£102.75
Total Dividends	£18,868.72		+£81.52
Total Interest	£27.02		+£0.06
Total Profit from sales	£32,742.98		+£0
Average monthly cash profit	£402.21	(5.0%)	-£0.12

An even more massive drop in value of £7,523 and £2,509 wiped off potential profits. I did get an £81 dividend from IPX:Impax Asset Management but I was also meant to get a dividend from PAF:Pan African Resources but it hasn't appeared yet.

One lousy week of happiness and now it's a wipe-out.

Just as the trend line was about to change direction, now we're at an all-time low.

I'm not going to be selling anything for a while, so this chart will start to slide and soon dip below the trend line.

Nothing more to say. Too miserable. I don't know why I even bother any more.

Week 553 Review - Another bad week with big losses in my SIPP.

Compared to last week, this week was really good, but it was still utterly horrid. The deficit between cost and value widened by £3,156 to £147,782 and the deficit between injection and value widened to £57,967. Total portfolio value fell to £124,251.

The worst performer was FOUR:4imprint after lackluster results. They fell 11% and are now 16% down.

All the miners were hammered, which was a surprise given gold is still about $5,000 and copper has hardly dropped. AMRQ:Amaroq was worst affected, dropping 10%.

W7L:Warpaint London also dropped 10% and have dropped to a 10% loss.

GGP:Greatland Resources and PAF:Pan African Resources both fell 9%, but at least PAF had the excuse of going ex-divi.

AFC:AFC Energy, ATYM:Atalya Mining, SBTX:SkinBioTherapeutics and THX:Thor Explorations all dropped 7%.

FDM:FDM Group, INVP:Investec and JHD:James Halstead fell 6%.

EDV:Endeavour Mining, N91:Ninety One and PAGE:Pagegroup fell 5%.

CKN:Clarkson are still benefitting from the shipping chaos near Iran and were up another 5% to go 28% in profit.

CORE:Solidcore Resources was a blip in the miners, as they went up 6%.

OPTI:Optibiotix recovered 0.5p which is 9% and helped limit the damage a little.

Share of the Week is SBRE:Sabre Insurance, which zoomed up 14% after excellent results and are now only 2% down.

Here's the ISA and shares portfolio after week 33 of year 11.

			Weekly Change
Cash	£95.56		-£20.35
Portfolio cost	£116,389.29		+£0
Portfolio sell value (bid price-commission)	£35,722.19	(-69.3%)	-£441.62
Potential profits	£276.96		-£178.16
Yr 11 Dividends	£69.36		+£0
Yr 11 Interest	£0.85		+£0
Yr 11 Profit from sales	£873.14		+£0
Yr 11 proj avg monthly profit	£116.13	(1.6%)	-£4.14
Total Dividends	£12,557.43		+£0
Total Interest	£9.42		+£0
Total Profit from sales	£18,433.41		+£0
Average monthly cash profit	£238.02	(3.3%)	-£0.46
(Sold stocks profit + Dividends - Fees / Months)

For some reason my SIPP charges were taken from my dealing account despite there being cash in the SIPP, so cash dropped a bit. I'll need to keep an eye on that to ensure there's always enough cash available for a month's fees.

The portfolio wasn't too badly affected thanks to the rise in OPTI:Optibiotix, but potential profits dropped by over a third.

Not the worst ever, but pretty close.

Back in our familiar place on the trend line.

The SIPP looks like this after week 537 overall and week 17 of year 11.

			Weekly Change
Cash	£822.23		-£217.08
Portfolio cost	£154,726.97		+£489.87
Portfolio sell value (bid price - commission)	£87,611.18	(-43.4%)	-£2,715.35
Potential profits	£10,799.08		-£1,715.09
Yr 11 Dividends	£567.00		+£25.08
Yr 11 Interest	£6.26		+£0
Yr 11 Profit from sales	£8,076.47		+£0
Yr 11 proj avg monthly profit	£2,184.98	(27.4%)	-£134.28
Total Dividends	£18,787.20		+£25.08
Total Interest	£26.96		+£0
Total Profit from sales	£32,742.98		+£0
Average monthly cash profit	£402.33	(5.0%)	-£0.68

I did my monthly investments this week.

First I bought 115 shares in ESTC:European Smaller Companies Trust at 213.75p costing £248.54. I have 3 more months buying these until I have enough. They are down 7% so far.

Next I bought 8 shares in III:3i Group at 2982.99p costing £241.33. I have 2 more months buying these until I have enough. They are also down 7% so far.

Portfolio value dropped a hefty £2,715 and £1,715 of that was lost profit. I got a £25 dividend from GCP:GCP Infrastructure Investments and for a change didn't sell anything.

No prospect of getting back above the injection line any time soon with events in the Middle East.

Just as it looked like the trend line might flatten off, we're now well below it and pretty much level with the all-time low.

I can't see me selling much for a while now, so we will most likely slip below the trend line in about 5 or 6 weeks.

I'm really surprised how badly gold mine shares have been affected over the last few weeks, given the gold price hasn't really dropped very much. I guess people may be taking their money into cash and taking profits. I know I have with all my PAF:Pan African Resources sales. I must stop doing that now though, as it has a lot further to go in the next few years and it's likely to stay at an elevated p/e ratio. It's currently on 17, which is a lot for a miner.