Week 47 Review - Some Respite from the Gloom

Last week was a sea of double-digit losers. This week we had respite from the gloom, with no double-digit losers to report. Quite a few almost made it after Monday's rout of house builders and allied companies, but enough of the misery, lets celebrate the good news.

Lots of double-digit risers this week. CWR:Ceres Power Holdings continues its slow journey upwards, with a 13% rise making up for a dip over the last few weeks. The SIPP holding now stands at £832 profit, but the ISA holding purchased at a previous spike is on £54 loss.

HGM:Highland Gold continues its spectacular rise, climbing another 19% this week to go 98% up overall and giving a £1,024 profit. SLP:Sylvania Platinum is finally starting to show some momentum as the price of platinum ticks up. It's still surprisingly little momentum, but a rise of 24% this week has taken it into profit of £67.

I thought WLG:Wireless Group would be share of the week for the second week running after the takeover announcement from News Corp sent the shares soaring by 38% to a £227 profit, but it's been knocked off the top spot by RCI:Rapidcloud which rose a remarkable 44% from loss to £285 profit. Interesting that the quoted increase for WLG:Wireless Group was actually 69%, but as my figures include losses from spread and commission, and with my holding being so small, the real increase was much less.

Monday was a very dark day, but the rest of the week really picked up, so I'm quite excited about viewing this week's stats

			Weekly Change
Portfolio cost	£38,126.03		+£0
Portfolio sell value (bid price - commission)	£32,714.75	(-14.2%)	+£1,078.35
Potential profits	£2,056.30		+£855.39
Dividends	£543.20		+£0
Profit from sales	£3,354.73		+£0
Average monthly cash profit	£354.51		-£7.71
(Sold stocks profit + Dividends - Fees / Months)
Avg annual % of current portfolio cost	11.2%

So despite losing £1,700 on Monday, the rally of rallies occurred and I ended up recovering over £1,000 of last week's losses. What a relief! What's even more satisfying is the majority of the increase is in profit rather than reduced loss - in fact for many shares the losses deepened, but the good ones really shone this week.

No dividends or sales this week, so the average monthly cash profit drops to £354.51, but barring a company going bust, it should keep well over 10% for the first year. This is under the 14.2% paper loss, so I hope this will reverse by the end of the first 12 months so I can say I'm up.

The SIPP looks like this after week 31

			Weekly Change
Portfolio cost	£12,440.09		+£0
Portfolio sell value (bid price - commission)	£13,317.77	(+7.1%)	+£402.29
Potential profits	£1,931.90		+£405.73
Dividends	£258.55		+£0
Profit from sales	£706.12		+£0
Average monthly cash profit	£131.95		-£4.40
(Sold stocks profit + Dividends - Fees / Months)
Avg annual % of current portfolio cost	12.7%

Great recoveries in some stocks, taking overall paper profit back over £1,000 to pre-Brexit level despite some of the losses deepening. In fact, the potential profits went up more than the overall portfolio, emphasising the big difference between the shares being hit hard like CLLN:Carillion and ARL:Atlantis Resources, compared to those doing great like CWR:Ceres Power Holdings and HGM:Highland Gold

As with the main portfolio, there's no dividends or sales so average monthly performance drops another £4 but is still well over 10%.

I'm now going to go through all my weekly updates and create a graph of the portfolio performance to incorporate into the blog somehow - much excitement!