Week 45 Review

Thanks to the whole Brexit fiasco, this has been a catastrophic week. Thankfully there was some respite on Friday, but not enough to prevent the biggest ever drop in weekly portfolio value. Most shares dropped by 4 to 6%. The biggest loser was RCI:Rapidcloud, dropping 14% and into loss. This was over £200 in profit a few weeks ago and is now at £122 loss, with no news or justification. It's not even a British company so Brexit can't affect it.

JLP:Jubilee Platinum dropped 11%, HGM:Highland Gold dropped 10% despite the increase in gold price, SXX:Sirrius Minerals dropped 10% and TRX:Tissue Regenix also dropped 10% so I bought some more.

As there were only 4 shares that increased this week, I think I can name them all. TRK:Torotrak climbed 2% but it's largely irrelevant as they are down 34% overall and I hardly have any. CWR:Ceres Power Holdings climbed 3% which is a relief after their recent slip. My initial investment in these is up 61% but my top-up is down 4%.

The other two risers were unsurprisingly gold mines, with PAF:Pan African Resources climbing 5% and already £65 in profit. Share of the week is AVM:Avocet Mining, climbing 17% and now only making a loss of £149. Stupid, stupid, stupid - I say that whenever I think of my moment of Avocet purchasing madness at the peak of a spike.

Here's the performance of the main portfolio - it makes me weep to read

			Weekly Change
Portfolio cost	£37,027.98		+£0
Portfolio sell value (bid price - commission)	£32,338.44	(-12.7%)	-£1,151.85
Potential profits	£1,280.94		-£309.72
Dividends	£525.54		+£0
Profit from sales	£3,354.73		+£0
Average monthly cash profit	£368.57		-£8.38
(Sold stocks profit + Dividends - Fees / Months)
Avg annual % of current portfolio cost	11.9%

A 3.1% drop in portfolio value in just a week. Bugger! Only £308 of that was decreasing profits. The rest was deepening loss. Not even any dividends to soften the blow, so the average monthly profit takes a dip and is now running below my % loss on portfolio value.

The SIPP looks like this at week 29

			Weekly Change
Portfolio cost	£12,440.09		+£400.59
Portfolio sell value (bid price - commission)	£13,073.81	(+5.1%)	-£410.77
Potential profits	£1,550.65		-£155.79
Dividends	£258.55		+£142.96
Profit from sales	£706.12		+£0
Average monthly cash profit	£141.05		+£17.09
(Sold stocks profit + Dividends - Fees / Months)
Avg annual % of current portfolio cost	13.6%

The portfolio cost went up when I re-invested some dividends, and topped up with £200 from my bank account to make it worthwhile. I bought 2,121 shares in TRX:Tissue Regenix for 18.4649p costing £400.59, as this is one of my big four favourites and I own less in this than the others. Fortunately the price went up after I bought them, but the combined SIPP holding of 6,808 shares is losing £53, unlike the 3,600 in my ISA which are making £87 profit.

Potential profits went down by almost half the overall loss, which as a percentage of the portfolio was bigger than the loss on my main portfolio, not helped by the HGM:Highland Gold drop of 10%. Best news was the dividend from CAML:Central Asia Metals which was a whopping £142. I can't even begin to understand why the share price has tanked for a company that is making profits despite the low price of copper, and has now paid out more in dividends than they raised from their initial stock market float. The drop in profits was fully expected and the current share price gives a PE value of just 10. I must buy some more while they're cheap!

The dividend worked wonders on my monthly stats, increasing the average profit by £17 a month and taking the projected return over 13%.

Not sure what next week will bring. I've stashed £1,000 in my normal share account in case there's a gigantic crash and I can get a bargain. Looks like Friday morning may have been the time to buy, so I may have missed the boat, but it's nice to have it there just in case an opportunity arises.