Week 104 Review - The rise is halted

On Wednesday evening this was looking like another great week, with IQE:IQE continuing the march upwards and everything else relatively flat leaving the combined portfolios up by £800. Yesterday saw £600 of that wiped out and today saw the rest go too. The week ended £152 down on last, which I think we can call a flat week, but the upward momentum has paused (I hope - rather than stopped). The total portfolio value stands at £68,009 so the buffer between profit and loss is now £3,424.

Worst performer was JLP:Jubilee Platinum despite a reasonable trading update. The problem is everyone was expecting a great trading update so the share price tanked. It recovered over the week but my holding still ended up 7% down.

TND:Tandem Group reversed recent good performance and dropped 5% and OPTI:Optibiotix fell a bit further by 2% to the point where I start feeling twitchy about buying some more.

There were some small rises around, and BLUR:Blur Group increased in value by 5% after their CEO left and the share price rocketed - for people who bought at the bottom. For me the potential profit went from 5p to £5 but is still 95% down on my purchase price. I only keep them to remind me how stupid I was when I first started out.

Share of the Week was KIBO:Kibo Mining, climbing 7% in my ISA but 10% in my share account. I think people are sensing that some news is brewing. A licence could see this get back into profit for me.

You can hardly even see the dip

Here's the ISA and share portfolios after exactly 2 years

			Weekly Change
Portfolio cost	£46,246.68		+£0
Portfolio sell value (bid price - commission)	£46,553.64	(+0.7%)	-£176.71
Potential profits	£7,264.12		+£218.76
Yr 2 Dividends	£511.12		+£10.53
Yr 2 Profit from sales	£2,872.24		+£0
Yr 2 Average monthly cash profit	£278.20	(7.2%)	-£4.88
Total Dividends	£1,179.05		+£10.53
Total Profit from sales	£6.712.50		+£0
Average monthly cash profit	£324.43	(8.4%)	-£2.86
(Sold stocks profit + Dividends - Fees / Months)

A tiny loss of £176 and mostly caused by deepening losses of JLP:Jubilee Platinum and OPTI:Optibiotix, as profits were up by £218 thanks to small increases across the likes of IQE:IQE, GVC:GVC Holdings and KIBO:Kibo Mining getting into profit in the share account. A nice quarterly dividend of £10.53 came from CMCL:Caledonia Mining, although their entry to the NY Stock Exchange has been a massive damp squib, with no increase in share price whatsoever.

Just about stayed in the black by £648

The SIPP looks like this after week 88

			Weekly Change
Portfolio cost	£17,853.50		+£0
Portfolio sell value (bid price - commission)	£21,133.96	(18.4%)	+£23.94
Potential profits	£5,126.67		+£99.76
Yr 2 Dividends	£294.96		+£0
Yr 2 Profit from sales	£1,596.81		+£0
Yr 2 Average monthly cash profit	£220.73	(14.8%)	-£6.30
Total Dividends	£708.15		+£0
Total Profit from sales	£3,946.67		+£0
Average monthly cash profit	£223.86	(15.0%)	-£2.57
(Sold stocks profit + Dividends - Fees / Months)

Potential profits up £99 from LGEN:Legal and General rising 4% and a tiny rise for IQE:IQE. OPTI:Optibiotix spoiled the fun, with deepening losses dragging that down to just £23 overall. Year 2 is now officially going worse than year 1 did for realised profits, but paper profits are at 18.4% which is brilliant.

The gap stays nice and wide

Here's the dreaded trading portfolio after week 54 - prop open your eyes now.

			Weekly Change
Portfolio cost	£486.05		+£0
Cash	£79.63		+£0
Portfolio sell value (bid price - commission)	£321.65	(-34%)	+£0
Potential profits	£0		+£0
Dividends	£1.15		+£0
Profit from sales	-£22.85		+£0
Average monthly cash profit	-£1.74	(-4.3%)	+£0.03
(Sold stocks profit + Dividends - Fees / Months)

All that happened was my average losses dropped by 3p a month

Yawn...

Next week LGEN:Legal & General publish their interims on Wednesday. The 4% rise this week could be geared to that, and so I wouldn't be surprised if there isn't a corresponding drop-off on Wednesday. I can afford a bit of a drop anyway as they are 35% up and the investment is 42% up if you include the healthy dividends.

I could really do with OPTI:Optibiotix announcing something. A week of no news has seen the share price slide further, and with IQE:IQE probably having peaked, OPTI:Optibiotix is my best bet to recharge the upward momentum. There's also a possibility the news KIBO:Kibo Mining have been hinting at in the last few updates will arrive, and that the tree-shake of JLP:Jubilee Platinum is complete to allow some recovery there. At this tine of year I suspect it's more likely things will stagnate for another week.