The worst performing share was CAML:Central Asia Metals which dropped 8% but made up for it with a cracking £174 dividend. I don't know why this is dropping, as the price of copper is still flying high. Maybe it's the risk of their recent acquisition?
MTFB:Motif Bio had a bad week, dropping 6%, but they are still up by 34% on purchase price after very little time.
My concerns about TRX:Tissue Regenix deepen as the shares drop yet again by 5% and are now losing 59% which amounts to £1,060 and makes this my new Nemesis Share. KIBO:Kibo Mining had a 20% rally today after dropping down during the week and holding the wooden spoon until today.
AMYT:Amryt Pharma is sliding a little every week, and although the drop was only 4%, that means a lot of money lost and these are only 3% up now so will go to loss if the downturn continues. I'd be tempted to top up at that level, but this is already 9% of my portfolio and I think that's enough.
The best news was OPTI:Optibiotix climbing 3p which is 5% and putting my holdings in all three accounts (Share, ISA and SIPP) into profit. This is now making a combined paper profit of £1,835 so has gone from Nemesis Share to my 3rd best share behind only CAML:Central Asia Metals (£1,872 potential profit) and Star Share IQE:IQE (£7,646 potential profit).
RED:RedT Energy is on a roll, climbing another 5% to go 7% (£74) up.
IQE:IQE climbed 8% in my SIPP and 35% in my ISA so misses out on Share of the Week because the ISA account is kinda cheating as the purchase price was so low.
Share of the Week goes to TLOU:Tlou Energy for the 2nd week in a row, climbing 23% and going 21% up with £285 potential profit. This is just the start - once they get picked to build the new power plant we should see a big re-rate.
Nearly back up to the all-time high, and momentum in the right direction.
The ISA and share accounts look like this
| Weekly Change | |||
| Cash | £49.93 | +£10.34 | |
| Portfolio cost | £44,426.84 | +£0 | |
| Portfolio sell value (bid price - commission) | £49,161.77 | (+10.7%) | +£1,453.19 |
| Potential profits | £9,545.25 | +£1,065.83 | |
| Yr 3 Dividends | £10.34 | +£10.34 | |
| Yr 3 Profit from sales | £585.38 | +£0 | |
| Yr 3 Average monthly cash profit | £196.15 | (5.3%) | -£13.76 |
| Total Dividends | £1,189.39 | +£10.34 | |
| Total Profit from sales | £7,297.85 | +£0 | |
| Average monthly cash profit | £312.84 | (8.4%) | -£2.33 |
| (Sold stocks profit + Dividends - Fees / Months) |
The £10.34 dividend came from CMCL:Caledonia Mining which pays a nice quarterly amount. Profits were up nicely, mainly thanks to IQE:IQE, RED:RedT Energy and TLOU:Tlou Energy, with OPTI:Optibiotix contributing once it switched from loss to profit in the ISA. Losses reduced too, so overall value is up by £1,453.
Look how long these accounts have been in the black now - such a long wait but we're finally there.
The SIPP looks like this after week 100.
| Weekly Change | |||
| Cash | £818.70 | +£774.07 | |
| Portfolio cost | £25,218.51 | +£0 | |
| Portfolio sell value (bid price - commission) | £27,911.22 | (10.7%) | +£408.49 |
| Potential profits | £4,069.87 | +£494.80 | |
| Yr 2 Dividends | £502.91 | +£174.07 | |
| Yr 2 Profit from sales | £6,575.33 | +£0 | |
| Yr 2 Average monthly cash profit | £631.23 | (30%) | +£2.62 |
| Total Dividends | £916.10 | +£174.07 | |
| Total Profit from sales | £8,925.19 | +£0 | |
| Average monthly cash profit | £420.52 | (20%) | +£3.37 |
| (Sold stocks profit + Dividends - Fees / Months) |
A fantastic whacking great dividend of £174.07 arrived on the same day as a £600 tax rebate from when I added £2,400 in September to buy IQE:IQE. I'm sure it used to take 3 months for the tax to come through, but the rules must have changed. The timing is great, as I can put it together with the dividend and buy something next week.
Potential profits rose by £494 but the TRX:Tissue Regenix loss meant the total value only went up by £408. With only 4 weeks of year 2 left and a current performance of 30% profit, it's been a very successful year for the SIPP whatever happens over the next few weeks. Let's hope that's not tempting fate!
Go graph go!
OK - time to take a deep breath and go through the torment of the trading account after week 66
| Weekly Change | |||
| Cash | £79.63 | +£0 | |
| Portfolio cost | £486.05 | +£0 | |
| Portfolio sell value (bid price - commission) | £349.45 | (-28.1%) | -£13.90 |
| Potential profits | £0 | +£0 | |
| Dividends | £1.15 | +£0 | |
| Profit from sales | -£22.85 | +£0 | |
| Average monthly cash profit | -£1.42 | (-3.5%) | +£0.03 |
| (Sold stocks profit + Dividends - Fees / Months) |
I couldn't be bothered saying anything about this.
Nah - not worth the effort
So next week sees the launch of the iPhone X and all the hype surrounding it. What will that mean for IQE:IQE? I have a decision to make over my £774 SIPP money. Part of me wants to use it to extend my IQE:IQE holding, but is the current price a bit toppy considering all the short interest? You could argue that the iPhone X launch may cause the shorters to close and the price could rocket, so maybe a Monday purchase would be a good idea?
The other option is to reward CAML:Central Asia Metals for the dividend by re-investing it there. I do really like this company and the price did drop for no reason this week so the timing could be good.
The other option is to get yet more OPTI:Optibiotix, which is very tempting but would increase my price average in the SIPP that I took so much trouble to bring down to 64.6p. I never thought I would say this - but 74p is a bit expensive!
I had a look at my previous holdings, but there's nothing standing out that could compete with the three mentioned above, unless I take advantage of the dip in gold to buy PAF:Pan African Resources. They will be paying a 0.48697p dividend in December and I've benefitted from that over the last few years. I'd get around 5,900 shares for £774 which would give me... hmmm... £28. Nah - I don't think I'll bother this year.
I think IQE:IQE is the best bet as the prospects over the next few years are amazing and the iPhone launch could very well see an instant rise if the shorters all bail. Let's see what next week brings...
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