Only one share did really badly, with RED:RedT Energy dropping yet again and losing 6%. This desperately needs some news on sales as it has dropped 54% and is looking grim. I still believe they have a great product, especially in the Gen3 machines, but it needs a massive order for grid storage else the share price will go nowhere.
N4P:N4 Pharma went from loss into profit climbing 4%. It's only up by £27, but it's nice to see a bit of green.
TND:Tandem Group dropped way too much after last week's trading update, but happy to say it clawed back 5% this week but has a long way to go before going into profit.
KIBO:Kibo Mining is recovering some of the recent losses caused by impatience and irritation over the delayed Power Purchase Agreement and lack of transparency over why the delays are occurring. Trust in the board is waning badly and they need to do something to restore faith of shareholders. Despite the promise of the projects being worked on, I'm regarding the recent behaviour as a big red flag. I won't be investing for the long term, but bailing out as soon as my losses are recovered, unless they do something to make be believe they have shareholders interests at heart. It's upsetting that both KIBO:Kibo Mining and JLP:Jubilee Metals have lost my confidence due to the same behaviour, as they had so much promise.
Share of the Week is OPTI:Optibiotix by absolutely miles, with an 11% increase taking them 7% up and with paper profit of £3,582 making them the new Star Share. However, I'm genuinely expecting that profit to increase 100 times over the next 5 years. The rise on Friday followed last week's news that a major seller had finished their selling, and news mid-week of a new major investor crossing the 3% threshold, no doubt after holding the price back filling his huge deal. There are still traders at work, but the pressure holding the price back may have been released. It could be wishful thinking, but we'll find out next week.
The deficit more than halved this week. Brilliant!
Here's the performance of the ISA and share accounts
| Weekly Change | |||
| Cash | £611.52 | +£11.38 | |
| Portfolio cost | £55,460.60 | +£0 | |
| Portfolio sell value (bid price - commission) | £50,262.28 | (-9.4%) | +£3,757.87 |
| Potential profits | £2,449.59 | +£2,311.30 | |
| Yr 3 Dividends | £59.28 | +£15.13 | |
| Yr 3 Profit from sales | £11,984.62 | +£0 | |
| Yr 3 Average monthly cash profit | £1,083.57 | (23.4%) | -£22.01 |
| Total Dividends | £1,238.33 | +£15.13 | |
| Total Profit from sales | £18,697.12 | +£0 | |
| Average monthly cash profit | £564.16 | (12.2%) | -£3.41 |
| (Sold stocks profit + Dividends - Fees / Months) |
Increase in profit was all OPTI:Optibiotix, as was most of the reduced loss, but TND:Tandem Group and KIBO:Kibo Mining also contributed to the reduced losses. TND:Tandem Group also paid out a £15.13 dividend, but £3.75 of that went on ISA fees. Average monthly performance is still amazing.
Not quite halved the deficit as there are still some very big losses to recover.
The SIPP looks like this after week 136
| Weekly Change | |||
| Cash | £20.03 | -£10.25 | |
| Portfolio cost | £27,893.76 | +£0 | |
| Portfolio sell value (bid price - commission) | £28,886.73 | (3.6%) | +£1,697.03 |
| Potential profits | £2,921.02 | +£1,298.57 | |
| Yr 3 Dividends | £292.57 | +£0 | |
| Yr 3 Profit from sales | £1,619.73 | +£0 | |
| Yr 3 Average monthly cash profit | £247.64 | (10.7%) | -£9.42 |
| Total Dividends | £1,208.67 | +£0 | |
| Total Profit from sales | £10,544.92 | +£0 | |
| Average monthly cash profit | £367.13 | (15.8%) | -£3.05 |
| (Sold stocks profit + Dividends - Fees / Months) |
Same story as the other account, with OPTI:Optibiotix causing most of the increase in potential profit and reduced loss. CAML:Central Asia Metals is still holding back the rise though.
Back into positive territory - yippee!
Still waiting to see if I get my increased allocation of cheap TLOU:Tlou Energy shares. A positive video on Proactive Investors during the week has helped reassure me that this company has a lot of potential and is doing all the right things. I like it when investors are given the chance to participate in a fund raising this way, even if it's depressing the share price at the moment. I think it's in a better place than when the shares were 16p, so could treble in value quite quickly.
Words can't express how excited I am about OPTI:Optibiotix at the moment. All the head scratching at why the price was so depressed, the worry that I'd made a huge mistake selling all my VRS:Versarien holding to buy at 66p. It could be yet another false dawn, but the optimism at the end of the week feels somehow different, as if a dam has burst. The next few weeks could be truly spectacular. I certainly hope so!
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