Friday, 27 May 2016

Week 42 Review

Not a bad week. Most things just ticked along and some juicy dividends arrived. Biggest loser was one of my best shares HGM:Highland Gold. These dropped by 14% as the price of gold slipped, but they partly made up for it by delivering a £50 dividend today.

The only other double-digit mover was share of the week TRX:Tissue Regenix which climbed 12% just after I topped up my SIPP holding. That's taken the SIPP holding into profit and my main portfolio holding to £123 profit, and I'm hoping that's just the start!

Not quite double-digit, but a mention has to go to GVC:GVC Holdings which climbed another 9% and is now making £955 profit, and I've already taken another £236 profit when I sold 25% of my shares.

Another happy sight is JLP:Jubilee Platinum seeming to be settling in a 3.4p zone lifting my combined holding into profit. If it can stabilise there, any future good news should see the profits increase healthily.

Here's the main portfolio performance




Weekly Change
Portfolio cost £36,979.15
+£0
Portfolio value (share price) £34,762.02 (-5.5%) +£370.09
Portfolio sell value (bid price - commission) £33,566.09 (-9.2%) +£300.04
Potential profits £1,465.40
+£278.52
Dividends £486.82
+£0
Profit from sales £3,381.80
+£0
Average monthly cash profit £394.08
-£9.61
(Sold stocks profit + Dividends - Fees / Months)
Avg annual % of current portfolio cost 12.8%

No sales, dividends or injections this week so it's a simple case of the sell price going up around £300, most of which was from the stocks already in profit. Monthly performance dipped as a result but is still very healthy.

The SIPP looks like this after the first 6 months




Weekly Change
Portfolio cost £11,880.42
+£400.27
Portfolio value (share price) £13,371.94 (+13%) +£43.77
Portfolio sell value (bid price - commission) £13,019.51 (+9.6%) -£42.61
Potential profits £1,582.58
-£183.57
Dividends £101.31
+£52.49
Profit from sales £706.12
+£0
Average monthly cash profit £131.96
+£3.82
(Sold stocks profit + Dividends - Fees / Months)
Avg annual % of current portfolio cost 13.3%

The extra £400 came from the tax man, leftover dividends and a little injection from my current account. I used it to buy one of my 4 world domination game-changer shares TRX:Tissue Regenix. Their share price has been struggling lately, and out of my big four I hold significantly less in this one. I bought 2,174 shares for 18p costing £400.27. Happy to say these have zoomed up since, so I'm happily in profit.

Mixed week for the portfolio, with the share price going up by the same amount as the sell price went down, as the spreads widen. Potential profits crashed by £183, most of which was down to HGM:Highland Gold, so it's a good job the losses narrowed. £50 dividend came from HGM:Highland Gold and £2.49 from AA:Alcoa, doubling my dividends for the second week in a row - and not long before the CAML:Central Asia Metals dividend doubles it again. The dividend was enough to squeeze up the monthly performance by £3.82 a month and raise the projected return to 13.3%.

Bank holiday weekend this weekend, so a shorter week next week. No prospect of any new cash so I think the only movements next week will be the possibility of me selling something to get my £600 holiday money back and safely in my holiday fund account - but it's so tempting to make it work for another few months. Big problem is my intention was to sell the AVM:Avocet Mining shares for a great big profit and use that to pay for my holiday. The fact these are making £400 loss means I'm stuck with them and I'll have to sell something else instead. I don't want to be pressured into selling one of my best shares just to get the cash, so I think it's better to liberate asap and put a big fence around it.

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