Week 73 Review

A relatively quiet week to end the year, and happy to say the first week in months with no double digit losses. Despite only a few days trading, there have been some double digit risers. KIBO:Kibo Mining reversed last week's 10% drop with a 10% rise. At 6.6% of my portfolio, these are tottering between profit and loss, currently up by £135. Hopefully 2017 will see significant progress upwards.

Share of the Week is BMN:Bushveld Minerals, which climbed 18% from a 10% loss to 8% profit. The extra purchase using last week's tax rebate was well timed, assuming these continue to climb. Their potential is massive, but only if vanadium redox flow batteries take off. It's a high risk, so I won't be buying any more.

The ISA and share portfolios look like this

			Weekly Change
Portfolio cost	£41,931.83		+£0
Portfolio sell value (bid price - commission)	£36,189.47	(-13.7%)	+£545.65
Potential profits	£1,793.16		+£242.37
Yr 2 Dividends	£264.04		+£0
Yr 2 Profit from sales	£2,845.33		+£0
Yr 2 Average monthly cash profit	£638.52		-£31.93
Yr 2 Avg annual % of current portfolio cost	18.3%
Total Dividends	£931.97		+£0
Total Profit from sales	£6,685.59		+£0
Average monthly cash profit	£447.71		-£6.22
(Sold stocks profit + Dividends - Fees / Months)
Avg annual % of current portfolio cost	12.8%

A nice end to the year, with a rise of £545 split evenly between increased profit and reduced loss. Average monthly profits end the year well above the target 10% so no pressure to sell anything. Paper loss still 13.7% so a long way to go before breaking even. Another reason not to sell anything, as it just increases the paper losses.

Come on 2017 - let's see the green line heading upwards. Week 59 came so close to being in profit, but since then it's been devastating. The FTSE 100 is at an all time high, but a series of circumstances has clobbered my shares. Hopefully what goes down must go up!

The SIPP looks like this after week 57

			Weekly Change
Portfolio cost	£15,846.07		+£0
Portfolio sell value (bid price - commission)	£17,935.05	(+13.2%)	+£53.65
Potential profits	£2,694.61		-£63.31
Yr 2 Dividends	£0		+£0
Yr 2 Profit from sales	£0		+£0
Yr 2 Average monthly cash profit	£0		+£0
Yr 2 Avg annual % of current portfolio cost	0%
Total Dividends	£413.19		+£0
Total Profit from sales	£2,349.86		+£0
Average monthly cash profit	£205.69		-£3.67
(Sold stocks profit + Dividends - Fees / Months)
Avg annual % of current portfolio cost	15.6%

A teensy rise this week, mainly thanks to BMN:Bushveld Minerals moving from loss to profit. However, potential profits dipped thanks to a big drop in CWR:Ceres Power and smaller drops elsewhere. Paper profits above 13% and actual profits over 15% so all looking good.

The green line sneaks higher ever so slowly.

The trading account looks like this after week 23

			Weekly Change
Portfolio cost	£499.95		+£0
Cash	£0.05		+£0
Portfolio sell value (bid price - commission)	£417.81	(-16.4%)	+£13.43
Potential profits	£0		+£0
Dividends	£0		+£0
Profit from sales	£0		+£0
Average monthly cash profit	£0		+£0
(Sold stocks profit + Dividends - Fees / Months)
Avg annual % of current portfolio cost	0%

Two positive weeks on the run - just need the price of platinum to keep rising to get SLP:Sylvania Platinum past the magic 9.5p so I can sell these and start using this account as it was meant to be.

Trend line is still pointing the wrong way. Fingers crossed for 2017.

That's it for 2016. Generally a shitty year. China slowdown, Brexit and Trump all conspired to cripple the stock market, but it seems to have come through a lot better than my portfolio. The speculative shares are still waiting to take off, and the safe FTSE shares in domestic companies are all still 30% down since Brexit. They are however paying good dividends, so as long as I don't panic about the paper loss, then the portfolio should turn around.