Last week's Share of the Week is this week's biggest loser, with JLP:Jubilee Platinum dropping 22% and even worse, my SIPP holding dropped 77% as a result of me topping up prior to the price falling further. I can't understand why it fell so far given the relentless news. If news of maiden platinum production at Hernic comes out next week then the gains should be put back straight away.
OPTI:Optibiotix is getting really exciting now, with the announcement of a deal with Sacco giving the share price an 11% boost, but with the big seller still selling, it's not likely to break free just yet.
TND:Tandem Group should have done enough to earn Share of the Week with a climb of 13% after great results. No sign of the re-rate this deserves but there is a lot more hope.
Unfortunately Share of the Week is awarded to BLUR:Blur Group which rose 28% after announcement of another contract. Maybe they won't go bust after all!
Here's the combined ISA and share accounts
| Weekly Change | |||
| Portfolio cost | £42,680.95 | +£0 | |
| Portfolio sell value (bid price - commission) | £40,048.00 | (-6.2%) | +£990.13 |
| Potential profits | £3,200.23 | -£73.99 | |
| Yr 2 Dividends | £357.10 | +£0 | |
| Yr 2 Profit from sales | £3,409.68 | +£0 | |
| Yr 2 Average monthly cash profit | £522.87 | -£17.43 | |
| Yr 2 Avg annual % of current portfolio cost | 14.7% | ||
| Total Dividends | £1,025.03 | +£0 | |
| Total Profit from sales | £7,249.94 | +£0 | |
| Average monthly cash profit | £427.51 | -£5.21 | |
| (Sold stocks profit + Dividends - Fees / Months) | |||
| Avg annual % of current portfolio cost | 12.0% |
Big increase in value of £990 and practically all was reduction of losses, as the big drop in JLP:Jubilee Platinum meant potential profits went down overall. No sales or dividends.
What an absolutely fantastic sight!
The SIPP looks like this after week 67
| Weekly Change | |||
| Portfolio cost | £16,776.69 | +£259.52 | |
| Portfolio sell value (bid price - commission) | £19,329.57 | (+15.2%) | -£464.50 |
| Potential profits | £3,085.25 | -£715.48 | |
| Yr 2 Dividends | £0 | +£0 | |
| Yr 2 Profit from sales | £842.07 | +£266.22 | |
| Yr 2 Average monthly cash profit | £146.99 | +£43.77 | |
| Yr 2 Avg annual % of current portfolio cost | 10.5% | ||
| Total Dividends | £413.19 | +£0 | |
| Total Profit from sales | £3,191.93 | +£266.22 | |
| Average monthly cash profit | £228.08 | +£14.03 | |
| (Sold stocks profit + Dividends - Fees / Months) | |||
| Avg annual % of current portfolio cost | 16.3% |
Portfolio cost is up after re-investing the profits from selling RED:RedT Energy and buying JLP:Jubilee Platinum, which promptly tanked and explains the £464 decline in portfolio value and £715 drop in potential profit. CAML:Central Asian Metals fell another 9% which was very costly. Big plus from the sale is that year 2 profits are above my 10% target, and overall monthly performance sneaked up another £14 and is now a really good 16.3%. With the paper profits at 15.2% the pension is very healthy despite this week's dip.
Worrying trend developing of cost increasing and value at best staying flat
The trading account looks like this after week 33
| Weekly Change | |||
| Portfolio cost | £986.03 | +£0 | |
| Cash | £75.59 | +£0 | |
| Portfolio sell value (bid price - commission) | £853.46 | (-13.4%) | +£27.89 |
| Potential profits | £0 | +£0 | |
| Dividends | £0 | +£0 | |
| Profit from sales | £61.57 | +£0 | |
| Average monthly cash profit | £8.08 | -£0.26 | |
| (Sold stocks profit + Dividends - Fees / Months) | |||
| Avg annual % of current portfolio cost | 9.8% |
A slight recovery in REDS:RedstoneConnect sees the portfolio value sneak up £27, but the boost to allow a sale is nowhere in sight.
Going in the right direction, but slowly.
This week has been a relentless stream of exciting news. I doubt next week can match it, but I'm hoping the share prices will start to reflect the true value of last week's news and break through the final £212 to take the portfolio into paper profit.
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