Week 26 Review - 6 months in

I was hoping for a nice end to the week, as it had been great up till this morning, but not a great day today and my brilliant new purchase of FXI:Fusionex International this morning has proved to be appallingly badly timed, as the shares fell 12.9% and in one day I'm making a £186 paper loss. Having said that, a director bought 2,000 shares today which I take as a good sign.

Lots of big drops across the portfolio today - far worse then the FTSE 100. MSLH:Marshalls dropped 7.7% for no apparent reason. This was meant to be a safe bet share, but has lost 22% since I bought it. All the house builders are well down today, and TND:Tandem Group dropped 5.2%, so the Star Wars franchise hasn't materialised any gains for me with this one.

Some good news though, with GLEN:Glencore climbing another 2.5% so my loss is only £612 rather than £1,100 last week.  MMX:Minds+Machines climbed 11.3% and clawed back a lot of my losses, and TON:Titon Holdings rose 3.4% and is showing £148 profit.

Let's see how the week ended up

			Weekly Change
Portfolio cost	£34,974.37		+£303.80
Portfolio value (share price)	£32,165.30	(-£2,647.96)	+£490.20
Portfolio sell value (bid price - commission)	£31,036.50	(-£3,937.88)	+£604.79
Potential profits	£1050.72		+£522.40
Dividends	£317.59		+£20.08
Profit from sales	£1,064.21		+£42.48
Average monthly cash profit	£224.00		+£1.24
(Sold stocks profit + Dividends - Fees / Months)
Avg annual % of current portfolio cost	7.69%

Portfolio cost went up from the money I added for FAST:Fastnet Equity and re-investing the JLG:John Laing Group profit this morning - for all the good it did me!

Pretty good week, recovering £600 of my losses on top of the additional £300 added. Still a long way to go before I break even.

Potential profits soared by £522 mainly thanks to GVC:GVC Holdings being £547 up, with SHG:Shanta Gold and TON:Titon Holdings both showing profits of £150. Only 5 shares are in profit, but 7 are only losing commission, so teetering on the edge of profit.

One dividend of £20.08 this week from CMCL:Caledonia Mining giving me an average of £50 per month over the first 6 months, which is nice.

Small increase in cashed profits from selling JLG:John Laing Group this morning

Very happy to say that after 6 months I've averaged £224 cash profit per month,  a £1.24 improvement on last week and an average yield of 7.69% on the current portfolio cost.

Generally satisfied.

The SIPP now looks like this

			Weekly Change
Portfolio cost	£5,854.37		+£0
Portfolio value (share price)	£5,486.82	(-£367.55)	+£108.30
Portfolio sell value (bid price - commission)	£5,374.90	(-£479.47)	+£131.86
Potential profits	£6.22		+£6.22
Dividends	£0		+£0
Profit from sales	£366.10		+£0
Average monthly cash profit	£157.25		-£18.46
(Sold stocks profit + Dividends - Fees / Months)
Avg annual % of current portfolio cost	32.23%

 A steady recovery. I'd be happy to keep this up for another few weeks and get close to breaking even. SLI:Standard Life Property has edged into profit, which is where my massive £6.22 comes from.

As expected, the average monthly profit fell with no sales or dividends. It would be nice to get one dividend on the scoreboard. At the current rate, my average % return will take 6 weeks or more to get down to threaten my target of 6% so it will be interesting to see where the market finds itself by then. Having said that, there's £1,000 from the tax man due to drop before then, which will also drive down the % return.