Worst performer was ALM:Allied Minds which slipped 11% after a recent rally. The rally was inexplicable and this has always been a volatile share, but at least it remains in profit.
TLOU:Tlou Energy also continued its recent slide, with another 10% knocked off the share value. It's likely to go into loss if this situation doesn't turn around soon.
It's been a great week for my Nemesis Share OPTI:Optibiotix, which climbed 9% and reduced the losses to £1,031. It still qualifies as Nemesis Share, but is less than £200 from handing on the title. Star Share is still CAML:Central Asia Metals with potential profit of £1,518 along with £260 of dividends. What a great company!
Share of the Week is ARL:Atlantis Resources which has turned around and climbed 20% this week to wipe out most of the recent losses. It's still down by £39 but I suspect will return to profit over the next few weeks.
Here's the performance of the ISA and Share accounts
| Weekly Change | |||
| Portfolio cost | £41,931.83 | +£0 | |
| Portfolio sell value (bid price - commission) | £37,010.71 | (-11.7%) | +£125.48 |
| Potential profits | £1,667.11 | -£267.41 | |
| Yr 2 Dividends | £264.04 | +£0 | |
| Yr 2 Profit from sales | £2,845.33 | +£0 | |
| Yr 2 Average monthly cash profit | £582.29 | -£27.21 | |
| Yr 2 Avg annual % of current portfolio cost | 16.7% | ||
| Total Dividends | £931.97 | +£0 | |
| Total Profit from sales | £6,685.59 | +£0 | |
| Average monthly cash profit | £435.56 | -£6.10 | |
| (Sold stocks profit + Dividends - Fees / Months) | |||
| Avg annual % of current portfolio cost | 12.5% |
A quiet week, with the portfolio value sneaking up a little, although most of that is improving losses, as the potential profits are down by £267 mainly thanks to TLOU:Tlou Energy sliding and AMYT:Amryt Pharma dropping 0.5p which is about £135. No sales or dividends so the usual slip in performance. Soon year 2 will drop down to the same as the overall performance - not sure if that would encourage me to sell something!
Heading in the right direction, but still a massive gap to close.
Here's the SIPP after week 59
| Weekly Change | |||
| Portfolio cost | £15,919.91 | +£0 | |
| Portfolio sell value (bid price - commission) | £18,904.11 | (+18.7%) | +£124.34 |
| Potential profits | £3,270.70 | -£134.70 | |
| 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 | £198.21 | -£3.93 | |
| (Sold stocks profit + Dividends - Fees / Months) | |||
| Avg annual % of current portfolio cost | 14.9% |
Similar story to the main portfolios, with most of the small gains thanks to ARL:Atlantis Resources and OPTI:Optibiotix lessening their losses despite profits in other shares taking a hit. Still no sales or dividends since year 2 started and overall performance slips under 15%.
A slight widening of the gap. Long may it continue.
The trading account looks like this after 25 weeks
| Weekly Change | |||
| Portfolio cost | £499.95 | +£0 | |
| Cash | £0.05 | +£0 | |
| Portfolio sell value (bid price - commission) | £498.39 | (-0.3%) | +£26.86 |
| 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% |
The SLP:Sylvania Platinum share price is now higher than when I bought them, so it's only the commission keeping this in negative territory. Given that results are imminent and potential to introduce a dividend, and I may get the 25% rise that's my target to sell.
I was beginning to think this would never happen. Will it cross the line next week?
All eyes will be on OPTI:Optibiotix next week. The perpetual seller seems to have stopped, and there's an increasing amount of interest in the share. Many have been watching and waiting for a reversal of the downtrend, which has clearly happened now, so it would be great if this could get up to the 90p range that will obliterate the losses, or I'd be happy with enough of a rise to remove it from Nemesis Share status.
My two power station shares KIBO:Kibo Mining and TLOU:Tlou Energy have had a really hard time of it lately. Kibo has slipped back to the 5p range, which I didn't think it would see again, and Tlou is still sinking. If that also drops to the 5p range it will go into loss after being one of my most profitable shares not long ago,
The other one to watch next week is JLP:Jubilee Platinum, as announcement of production at Hernic must be imminent, and the share has gone past 4p now so there could be no stopping it.
I ought to mention TW.:Taylor Wimpey, which is no longer red and if it keeps slowly climbing may not even be amber next week, as the loss is 16% now, and 15% is the cutoff for going amber. It's been a long haul, but there's light at the end of the tunnel. BDEV:Barratt Development is still a way off though, with the loss still at 25%. MSLH:Marshalls is still down 22% and the final Brexit sufferer LOOK:Lookers is still down 32% so that's going to take a long time to recover. Between them they have delivered £181 dividends which is around 3.9% so despite the paper losses, they are doing well and I'm happy to hold them.
No comments:
Post a Comment